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Financial Services

Troubled fintech Klarna's losses quadruple

Swedish fintech still reeling from 85% fall in valuation earlier this year.

New Lloyd’s of London cyber insurance exclusions land amid “a certain amount of panic”

"... the potential to expose the market to systemic risks that syndicates could struggle to manage."

"We have an endemic problem" OpenSSF director warns over secure development

"We're not teaching our developers anything, and so we're getting better software than we deserve."

Monzo, Starling top current account ratings as fintechs thrive -- RBS hits rock bottom

Monzo and Starling, the two British fintech rivals, have topped a new survey of 16,000 people for best current accounts (by overall customer satisfaction) with Royal Bank of Scotland (RBS) performing worst. The best current accounts survey reflects the extent to which digital-only fintechs with responsive and slick front-end

Natwest appoints Scott Marcar as new Group CIO, amid £3b digita drive

Incoming Group CIO joins from Deutsche Bank.

DWP goes to market for emergency IT payments infrastructure

The UK’s Department for Work and Pensions (DWP) is seeking a provider of emergency payment infrastructure to help make sure it can continue making 2.5 million payments daily worth some £3.7 billion per week. The new infrastructure should ensure it can continue making the payments to a

Why is cyber incident response so bad? Blame the lawyers…

"The tragectory of the law is doing a disservice to cybersecurity."

Credit Suisse seeks salvation in digital transformation

100,000 servers, 90,000 workstations, 37,000 relational databases, 3,000 apps...

Investment Bank boards urged to get a grip on technology risk

"Your CEOs may need to start making different types of phone calls..."

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