Banks

Challenger Banks Dominate New Customer Satisfaction Survey

A biannual survey of over 19,000 banking customers has placed challenger banks Monzo and Starling Bank top for "overall service…

HSBC Plans Software Bonfire

HSBC will slash software costs $900 million (£691 million) by 2022 under a radical global restructuring, which will also see…

UK Markets Authority Raises Alarm Over Payments Buyout

The Competition and Markets Authority (CMA) has intervened in the £12.5 million acquisition of payment software firm Experian Payments Gateway…

HSBC Ramps Up Data Science Efforts with New London Lab

HSBC has opened a new "data and innovation" lab in London, as it ramps up efforts to create new data-powered…

CISOs Turn to Threat Hunting as Destructive Raids Soar

Financial services CISOs are increasingly turning to active threat hunting, a new survey from Carbon Black shows. A notable 47…

Treasury Select Committee Puts Spotlight on Banks’ IT Failures

The Treasury Select Committee today said it is turning its guns on the retail banking sector after an "astonishing" string…

How UK banks can fight back in the Open Banking era

The arrival of Open Banking in the UK on the 13th of January 2018 has presented a great challenge to…

UK banks keep FCA in the dark about cyberattacks

The FCA has expressed the belief that UK banks are not alerting them to all successful cyberattacks, with the financial…

Data breaches are a fact of digital life, but can banks afford to keep paying the bill?

As a newcomer to the data security software industry, understanding the marketplace and costs involved for companies that have experienced…

Banks stunned into Silence by deadly new cyberattack

A deadly new hacking group called Silence that preys on banks and other financial organisations has been identified launching attacks…