Banks still investing heavily in legacy payments systems

Banks are investing huge sums in legacy payment technology, but missing out on potential revenue opportunities available through the lates cloud-native platforms, according to IDC research. According to IDC Financial Insights, global finance firms will spend £57bn on legacy payments technology in 2028, compared with £36bn in 2022. Meanwhile, it is suppliers that are […]

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Belgian bank leaps forward in digital transformation through core banking outsourcing deal

Keytrade Bank is moving from legacy core banking technology to a cloud-based platform from Infosys’s Finacle subsidiary in a move that will help it “leapfrog” in-house development. The Benelux-based online bank, with operations in Belgium and Luxemburg, is replacing its legacy core banking system with Infosys Finacle’s core banking software as a service, hosted […]

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Cato claims SASE speed barrier record to sites and the cloud

The push towards cloud has created more demands on business networks, in particular how secure and effective they are, and aiming to address these needs, Cato Networks has announced a secure access service edge (SASE) throughput record, achieving 5Gbps on a single encrypted tunnel with all security inspections enabled, as well as introducing cloud […]

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Arnold Clark data leak victims prepare legal action

Thousands of people whose personal data was exfiltrated and publicly leaked by the Play ransomware gang following a cyber attack on the systems of nationwide car dealer network Arnold Clark in 2022 are now coming forward to participate in what may become one of the largest group action law suits yet seen in the […]

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Delivery charges and slow payments have customers abandoning baskets

Retailers are losing a large amount through abandoned baskets, with Primer finding the value of abandoned online transactions averaging at £213.84. Almost 40% of online shopping carts are being abandoned, reported the no-code automation firm, which found that there was a disconnect when looking into what consumers are having difficulties with and what online retailers […]

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Skills shortages hold back enterprises from reaching multicloud goals

Skills shortages are the most common reason why enterprises are struggling to realise their multicloud ambitions, suggests the third annual State of cloud strategy survey. The Forrester Consulting poll, commissioned by cloud infrastructure automation firm HashiCorp, revealed high levels of interest in adopting and investing in multicloud technologies, but its findings also showed that […]

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RISC-Q rises to software ecosystem challenge

RISC-V, the open standard instruction set architecture (ISA) alternative to Intel and ARM, held its first European summit on 5 to 9 June 2023 in Barcelona. Originally developed in 2010 at University of California, Berkeley, Risc-V is an open source hardware and software platform managed by RISC-V International, which is optimised for system on […]

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