Paul Pester has stepped down as chief executive of TSB in the wake of a catastrophic IT meltdown earlier this year. M…
The government’s obsession with billion dollar startups is hurting the tech sector
‘Unicorns’ – mythical creatures that have become a part of the political reality as policymakers seek to champion the…
How “regtech” could usher in a new era for the finance sector
Financial services as we know them are changing as new technologies enter and disrupt the market, promising consumers…
A cybercrime gang linked to North Korea is turning its hand to Mac malware
A cybercrime gang linked to the North Korean government has launched a new malware campaign targeting cryptocurrency …
The FCA is now forcing banks to tell customers how many outages they’ve suffered
Banks are being forced to disclose details of major operational and security incidents online for the first time, jus…
Monzo poised to move into Bloomberg’s old HQ as it eyes major expansion
Challenger bank Monzo is moving out of its offices in east London and into Bloomberg’s old headquarters in Fins…
Exo Investing’s Lennart Asshoff on the future of “robo-advice”
Lennart Asshoff is the CEO of Exo Investing, a new AI-powered wealth manager that aims to democratise the world of pr…
Banks’ IT teams are facing fresh scrutiny following the TSB outage
The Bank of England has joined forces with the FCA to investigate how financial organisations are preparing their sys…
Ticketmaster breach led to “quite a big” financial loss for Monzo, claims bank’s CEO
On the evening of Friday 6 April, Daniel Chatfield, a software engineer at the challenger bank Monzo, sent out a twee…
IBM: TSB may have failed to rigorously test systems before IT migration
TSB may have failed to properly test its systems before migrating customers over to new digital platforms earlier thi…