Tuesday, July 3, 2018

UK financial services firms up tech investments to fuel new services

ISSUE DATE: 3 July 2018
TOP STORIES

UK financial services firms up tech investments to fuel new services
Driven by the need to offer new services, as well as meet industry regulations, UK financial services firms are increasing spending on IT.
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New deals bolster IBM’s European cloud business
IBM has signed up a number of new customers for its European cloud, focusing on the platform and software services in the IBM public cloud.
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Oracle decides on Brussels for European fintech innovation centre
Software giant Oracle chooses Brussels as the centre of its European financial technology innovation programme.
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IN DEPTH

Case study: Logistics firm GWC moves from paper to digital HR in three months
Qatar-based logistics firm Gulf Warehousing Company introduced smart appraisals for employees, cut the time it takes to recruit, and gave staff and managers access to accurate HR data by replacing paper systems with human resources software. 
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Linux targeted by illicit cryptocurrency miners
Cryptojacking is increasingly being used by cyber criminals to raise funds, Watchguard report reveals.
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Huge potential for use of big data to improve ambulance services, report finds
King’s College London report says government should explore value of big data, and calls for London ambulance services to partner with TfL to navigate traffic ‘more intelligently’.
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Department for Work and Pensions uses artificial intelligence to crack down on benefits fraud
DWP has made several digital strides, including developing AI to track organised benefits fraud, moved more than 100 digital products to “new hosting arrangements” and made savings on technology contracts, according to its annual report.
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