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Financial Services

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

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

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

Interview: Insurance group Markerstudy's Head of Group IT Adam Miller

Some of the toughest challenges in IT can emerge around acquisitions. And insurance group Markerstudy has been acquisitive. In 2020, it bought the Co-op’s insurance underwriting business, making it the UK’s sixth largest motor insurance provider. In April 2021, it purchased Brightside Insurance. In January 2022, it

JPMorgan vows $1B/month effort to get off legacy stack

Bank admits its "Chase UK" fintech may lose money for a long time...

Lloyds aims to save £800m with shift to the cloud, contracts DXC Technology

Everything coming off mainframes, paper in ambitious digital transformation effort

Vulnerability in B2B fintech platform let hackers grab funds, data

Beware your GraphQL implementations...

Watchdog's reports, fines reveal reliance of banks on spreadsheets

"Multiple gaps in the controls framework at every stage of the process..."

Bank of England launches hunt for a permanent CIO

The Bank of England has begun its hunt for a permanent new Chief Information Officer (CIO) -- arguably one of the most exciting, if uniquely challenging CIO roles recently advertised in the UK and beyond. The recruitment comes after CIO Robert Elsey left this summer after six years, for a role

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