Apple enters mobile payments market
Apple has announced its entry into the payments market with the launch of its ‘Apple Pay’ service. Read Complete Article
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MPs warn against investment in ‘out-of-date’ smart metering technology
Smart metering systems may be out-dated before they are even introduced, a UK parliamentary committee has warned. Read Complete Article
Continue Reading →Industry body claims research shows cloud data storage concerns are overstated
A survey of senior IT and business leaders shows that concerns about data security, privacy and sovereignty in a cloud computing environment are overstated, a cloud industry body has said. […]
Continue Reading →SWIFT: Islamic finance ‘rulebook’ will make electronic transactions more efficient
A new ‘rulebook’ setting out standards for exchanging electronic Islamic finance messages will make trading more efficient and reduce risks and costs, the international payments system Society for Worldwide Interbank […]
Continue Reading →Telecoms operators can be taxed twice on use of land for network infrastructure, rules CJEU
Telecoms operators can be forced to pay twice to use land to operate network infrastructure, the EU’s highest court has ruled. Read Complete Article
Continue Reading →Telecoms operators reject network sharing plans
Mobile network operators have rejected UK government plans to let rival providers make use of their networks to provide better coverage to customers, according to a report in the media. […]
Continue Reading →Digitising cash payments can provide economic and social benefits around the world, says new report
Governments across the world have been urged to play a bigger role in promoting the shift from cash and paper-based payment systems to digital payments. Read Complete Article
Continue Reading →Irish minister warns of conflicting obligations to privacy and disclosure facing US companies
Microsoft may breach EU data protection rules if it bows to US pressure to disclose customer details stored in Ireland, the Irish data protection minister has warned. Read Complete Article
Continue Reading →EU competition regulator asks rivals for views on Facebook deal to buy WhatsApp
Rivals to social networking company Facebook and messaging service WhatsApp have been asked for their views on the proposed merger of the two companies, according to a report in the […]
Continue Reading →UK calls for Russian access to SWIFT international payments system to be blocked
The UK has asked European Union (EU) officials to consider preventing Russia from using the Brussels-based Society for Worldwide Interbank Financial Telecommunication (SWIFT) payments system to make international payments, Bloomberg […]
Continue Reading →EU advised to facilitate broadcasting-to-broadband spectrum use shift
The European Commission has been advised to change the use of a section of radio frequency from broadcasting to mobile broadband usage. Read Complete Article
Continue Reading →Expert predicts tough FCA enforcement against misleading social media financial promotions
Financial promotions via social media will “almost inevitably” be the focus of action from UK regulators, with redress exercises likely if consumer detriment is found, an expert has said. Read […]
Continue Reading →Taxi app Uber defies Germany ban
The company behind a taxi app banned in Germany for breaching local transport laws has said it will continue to operate there while it fights the ruling. Read Complete Article
Continue Reading →Apple sets out privacy safeguards for developers of health and fitness apps
Developers of mobile applications using Apple’s new ‘HealthKit’ platform will be prevented from making sensitive user data available to third parties according to the latest version of the firm’s licence […]
Continue Reading →Bidders for public sector contracts "very mindful" of need for tax compliance, UK government says
Companies bidding on public sector contracts are “very mindful” of the need to be tax compliant as a prerequisite for appointment one year after new rules on tax and procurement […]
Continue Reading →Peer-to-peer lender prepares for stock market flotation
A US peer to peer lender has filed preparatory paperwork with the US Securities and Exchange Commission (SEC) that would enable it to make an initial public offering (IPO) of […]
Continue Reading →Supreme Court president: UK privacy law "may have to be reconsidered" due to rise of social media
The pace of technological change and rise of social media “may make it inevitable” that UK privacy laws need to be revised and updated, the country’s most senior judge has […]
Continue Reading →IOSCO intervention highlights need for global response to cyber security threats, says expert
The global nature of the threat to financial markets from cyber attacks requires a coordinated global response, an expert has said. Read Complete Article
Continue Reading →IBM: European banks not planning "wholesale transformation" of banking systems with modernised processes
European banks are in a “holding pattern” when it comes to integrating the latest technology into their core banking systems, with the majority only carrying out modernisation initiatives when necessary […]
Continue Reading →Singapore regulator orders StarHub to share "last mile" cable connections into homes
Telecoms company StarHub must allow rival operator SingTel to use its fibre optic cable connection points in homes for the delivery of its ‘mioTV’ services, the regulator in Singapore has […]
Continue Reading →Sony’s PlayStation and Sony Entertainment Network back online after weekend of disruption
Global electronics firm Sony has postponed planned maintenance to its PlayStation Network and Sony Entertainment Network services after a distributed denial of service (DDoS) attack took both services offline. Read […]
Continue Reading →Amazon "to open logistics warehouse" in Shanghai’s free trade zone
Online retailer Amazon is to establish a presence in Shanghai’s new free trade zone, which was set up last year to encourage international investment in the area, according to press […]
Continue Reading →Cloud-based IT sales through G-Cloud reach almost £250 million
Sales of cloud-based IT services to public bodies through the ‘G-Cloud’ programme have reached almost £250 million, with a further £30m of sales taking place in July, according to the […]
Continue Reading →G-Cloud purchases via new ‘Digital Marketplace’ possible from late August, says government
Public sector organisations in the UK will be able to buy cloud-based IT products and services from suppliers from a new online platform from the end of the month. Read […]
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