Finance

Santander, Tradeshift Plan Joint Supply Chain Finance Offering

The eurozone's largest bank has teamed up with startup Tradeshift to offer financing across companies' digital supply chains

7 years ago

European Banks Choose IBM Blockchain For Trade Finance System

Blockchain growth in banking sector continues after seven major European banks sign deal with IBM

7 years ago

SWIFT Profits Drop 31 Percent Following Bangladesh Hack

The SWIFT transfer network has seen profits slashed after it invested in expanding security operations following the $81m Bangladesh Bank…

7 years ago

Tales In Tech History: Cobol

Invented in the 1950s and still around nearly sixty years later. It has been quite a journey for Cobol

7 years ago

HSBC Adopts AI Startup Ayasdi’s Tech To Tackle Money-Laundering

Using AI aims to save the bank millions in efficient and automated data analysis

7 years ago

Criminals Drain European Bank Accounts Using SS7 Security Flaw

The attack highlights the need for the telecoms community to address the security problem in SS7

7 years ago

RBS Natwest Online Banking Issues Cause Payment Chaos On Payday

RBS says Natwest online banking issue is resolved while Lloyds and Halifax customers suffer issues ahead of bank holiday

7 years ago

TrickBot Trojan Now Targets Private Banks

Malware is now hand picking private banks, as IBM warns of 'skyrocketing' breaches of financial data

7 years ago

UBS Banks On Microsoft Azure To Drive Digital Transformation

UBS picks Microsoft's cloud platform to provide scalability, reduce costs and ensure regulatory compliance

7 years ago

SWIFT Intros New Tool To Help Banks ID Fraudulent Messages

Security upgrades continue at SWIFT as it seeks to assist the banking sector to identify suspicious payments

7 years ago

Automation Kills Hundreds Of Jobs At Goldman Sachs

Tech can be a blessing and curse, after Goldman Sachs reveals how automation removed need for equity traders

7 years ago

Lloyds Internet Banking Outage ‘Caused By DDoS’

Lloyds Banking Group IT outage was the result of a DDoS staged by cybercriminals

7 years ago

Lloyds Tries To Find Cause Of Online Banking Outage

Lloyds Bank issues extend to a second day but cause has still yet to be identified

7 years ago

Barclays Trials Contactless Android Cash Withdrawals

The system lets users tap an NFC-equipped Android device or contactless card to receive cash on in-branch machines

7 years ago

Cobalt Gang Makes ATMs Across Europe Spew Cash

The 'touchless jackpot' technique uses hacked bank networks to compromise teller machines

7 years ago

Researcher Breaches PayPal’s Two-Factor Authentication In Five Minutes

The surprisingly simple hack tricked PayPal into giving the researcher access to his own account

7 years ago

Bank Of England To Rewrite Core Payment Tech By 2020

The update to the 20-year-old bank-to-bank settlement service is to take into account new technologies such as blockchain ledgers

8 years ago

Financial Regulator Publishes Final Cloud Rules

The recommendations approve cloud services but recommend clear policies around where data is held

8 years ago

Startup Showcase: Azimo

Marta Krupinska, general manager and co-founder of Azimo, talks about money transfers, Facebook Messenger integration and Brexit

8 years ago

Microsoft Wallet Comes To Some Windows 10 Lumia Smartphones

Microsoft Wallet is now available to Windows Insider users as Windows 10 gets Android Pay and Apple Pay rival

8 years ago

Bank Of England Tests Blockchain With PwC

Central bank and PwC to test how blockchain could be used for distributed ledger technology

8 years ago

New Trojan Uses Zeus Tricks To Target Russian Banks

Dr Web researchers find new malware that can spread itself and avoid detection on Windows systems

8 years ago

SWIFT Tightens Security Measures After Banking Incidents

"Better shape up" SWIFT tells banks with weak cyber security procedures, in wake of recent attacks

8 years ago

Contactless Payments Set To Surge Across UK

Recent Android Pay launch spurs awareness of contactless payments in the UK to new high

8 years ago

Santander Signs Up Blockchain For Speedy International Payments

New blockchain-powered app will mean an end to lengthy waiting period to clear international payments

8 years ago

DWP Publishes First Fraud Figures For Troubled Universal Credit

Underpayment and error figures were 'significantly' higher under the troubled benefit programme than for Jobseeker's Allowance

8 years ago

Dell’s 43 Inch Monitor Combines Four 1080p Displays On One Screen

Dell 43 Multi-Client Monitor (P4317Q) Ultra HD 4K display targets financial services and other industries

8 years ago

Android Pay Goes Live In The UK Without Universal Bank Support

Android Pay brings contactless payments to a wider audience but has no Santander, RBS or Barclays support at launch

8 years ago

NXP Takes Contactless Payments Into The Home And Beyond

NXP FTF: NXP says its first POS system will allow more companies to build contactless payments to tables, TVs and…

8 years ago

HSBC Moves 840 IT Jobs From UK To China, India And Poland

HSBC's cost cutting measures continue but it maintains it is committed to building world class IT infrastructure

8 years ago