Banking on cross-border payments: Q&A with Radha Suvarna, CPO, Payments July 22, 2024 | Sponsored Q1. What is driving growth in cross-border payments? Cross-border payments are at the heart of the global economy, enabling businesses to serve customers wherever they are based in the world. Such transactions are estimated by the Bank of England to reach a value of over $250trn by 2027. Growth in high volume, low value payments [...]
‘The race is on!’: British aerospace firm Orbex ready for liftoff after opening London office July 22, 2024 Demand for satellites is rapidly increasing, with a shift from a few stationary ones to thousands in low Earth orbit, where much higher speed communication is possible
Considerations for Building a Secure and Resilient Bacs Payments Process July 22, 2024 | Sponsored In part one of this two-part series, learn how to mitigate threats and unlock automation to increase business stability and resilience By Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra Operational resilience is the lifeline that keeps businesses thriving through unforeseen disruption, with automation being a key component of a threat mitigation strategy for [...]
Ofcom fines BT for being ‘ill-prepared’ on fault which stopped 14,000 calls to 999 July 22, 2024 The watchdog found that the UK's largest telecoms company lacked the ability to deal with the level of demand "reasonably expected".
More flight cancellations and delays expected in wake of global IT outage July 20, 2024 A flawed update rolled out by cybersecurity firm CrowdStrike knocked many offline around the world on Friday, causing flight and train cancellations and crippling some healthcare systems.
Delays at Heathrow, Stansted and Gatwick airports as global IT outage grounds over 4,000 flights July 19, 2024 A global IT outage has wreaked havoc on air travel and caused the cancellation of over 1,000 flights worldwide on Friday - with the number expected to climb as the day progresses.
Global tech outage: Vital NHS system goes down along with Heathrow, London Stock Exchange and Sky News July 19, 2024 The London Stock Exchange, airlines, banks and media organisations went down in the early hours of Friday.
Ofcom stomps out inflation-linked price rises for phone and broadband contracts July 19, 2024 Telecoms regulator Ofcom has expressed concern that the old practice left customers dealing with financial uncertainty.
Meet the group recoding the City’s ‘tech bro’ culture July 18, 2024 Since Anna Brailsford took the helm in 2019, Code First Girls has surpassed 200,000 participants, and the sign-ups aren't slowing down.
London council slammed for ‘severe’ data breach in ‘avoidable’ cyber attack July 17, 2024 Hackney Council has said it maintains that the Council has not breached its security obligations.