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Enterprise IT

Credit Suisse vows digital reform after dire year, reveals $3B IT spend

New Chief Technology and Operations Officer, Joanne Hannaford is leading ambitious efforts at the bank.

COBOL code base in production hits 800+ billion lines

Still critical, still growing...

EU Chips Act disappoints, with doubts over sources of €43 billion funding

Proposals only allocate €11bn in EU funds but open door to more state aid, as EU Chips Act aims to secure 20% of semiconductor production in the bloc by 2030.

Scottish Water seeks help making sense of the "stream of feature updates" from Microsoft

£8m framework landing soon as range of opportunities open up at ambitious utility.

Job of the Week: CISO, insurance family Direct Line Group

Join and lead a growing, refreshed team

UK fintech deals accounted for 10% of all global activity in 2021 -- will a rate hike put the cat among the pigeons?

The UK’s fintech sector had a storming 2021, recording deals worth $37.3bn (up from $5.2bn in 2020), the biggest deal globally, and five of the top 10 fintech deals in EMEA, according to KPMG’s Pulse of Fintech report.

Boston Fed, MIT open-source their Central Bank Digital Currency software

Project Hamilton stores funds as opaque 32 byte hashes inside an Unspent funds Hash Set, or UHS

The Big Interview: Bloomberg CTO Shawn Edwards on democratising alt data and educating the cloud

"Anybody can throw some data at a neural net and go 'gee whizz!'"

Standard Chartered COO follows CIO out the door – bank combines tech, ops

Roul Louwhoff to be "Chief Technology, Operations and Transformation Officer" from April

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