Banks don’t want to develop fintech in-house

Global banks are increasingly looking to partner more fintechs rather than build technology in-house. According to research by East & Partners for financial services software firm Finastra, three-quarters of banks plan to work with an average of three fintechs in the next 18 months Globally, over half (56%) want to plug into fintech platforms, […]

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SDIA applaudes EU-led push to make datacentres reuse waste heat and report environmental data

The Sustainable Digital Infrastructure Alliance (SDIA) has welcomed the final version of the European Parliament’s Energy Efficiency Directive (EED), which will put the onus on larger European datacentre operators to publicly report their environmental performance data. The European Parliament and European Council reached a provisional political agreement that finalised the contents of the EED […]

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New GovAssure cyber regime launches across UK government

All government departments and a selected number of arm’s length bodies are to have their cyber security postures reviewed under new, more stringent measures being put in place under the auspices of an enhanced security regime, known as GovAssure, to be run by the Cabinet Office’s Government Security Group with support from the National […]

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UK SMEs are the most tech savvy in Europe

Small and medium-sized enterprises (SMEs) in the UK are leading Europe when it comes to accepting contactless payments, with almost all now accepting near-field communications (NFC)-based card payments. According to a survey by SME-focused fintech SumUp, 90% of UK SMEs now accept payment by contactless cards. In Switzerland, 85% of SMEs accept the payments, […]

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‘Inadequate data’ holding enterprises back from making progress on ESG goals, IBM study finds

Enterprise business leaders are struggling to hit corporate environmental, social and governance (ESG) goals because of inadequate data. That’s according to The ESG ultimatum: Profit or perish report by the IBM Institute for Business Value, which revealed that while environmental sustainability remains a top priority for consumers and business leaders alike, the bulk of […]

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Capita customer data was stolen in March ransomware attack

Public sector outsourcer Capita has confirmed that some confidential data was stolen from a small proportion of its server estate affected by a Black Basta ransomware attack in March 2023. The incident caused major IT outages and significant impact to customer-facing services at many public sector bodies and some operators of critical national infrastructure […]

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CyberUK 23: Ukraine offers masterclass in withstanding cyber war

The scale and pace of Russia’s wartime cyber operations have been unprecedented, but Ukraine has nonetheless provided the world with a masterclass in withstanding open cyber warfare through bolstered defences and improved resilience, according to a European Cyber Conflict Research Institute (ECCRI) report commissioned for the National Cyber Security Centre’s annual CyberUK event, which […]

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TUC says government is failing to protect workers from AI harms

The UK government is failing to protect workers from being “exploited” by artificial intelligence (AI) technologies, which if left unchecked could lead to greater workplace discrimination across the economy, the Trades Union Congress (TUC) has said. The union body further warned that many workers are not even aware AI is being used to make […]

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