RBS, Natwest and Ulster Bank customers are fuming after being unable to make payments last night
TECHNOLOGY POWERING BUSINESS
News Enterprise
Bank Of England: UK Banks Hit By Cyber-Attacks
British banks and market infrastructures have come under attack in the past months, revealing vulnerabilities in their systems, according to a Bank of England report
Bitcoin Reaches Record Value Of £224
The exact causes of a $90 boost in value over the last seven days are unknown
Co-Founder Of Liberty Reserve Will Spend Up To 75 Years In Prison
Vladimir Kats pleads guilty to money laundering and unlicensed money transmitting charges
MongoDB Gets $150 Million In A New Funding Round
Open source NoSQL database breaks industry records, now valued at $1.2 billion
ICO To Investigate The Impact Of Snowden Revelations On Privacy
Christopher Graham wants to know if the NSA really had access to encrypted bank data
European Commission Set To Modernise Education Through IT
‘Opening Up Education’ initiative will aim to equip young people with digital tools and skills
Barclays Offers Free Document Hosting Service To Online Banking Customers
‘Cloud It’ allows users to upload and manage an unlimited amount of documents in the cloud
Insurance Risk Firm Models Catastrophes – In Iceland
Iceland is a development site for a giant cloud, built to prepare insurance firms for disasters
Microsoft ‘Donates’ Office 365 To Non-Profits
Companies focused on doing good can get a free version of the cloud-based productivity suite
Russian Software Developer To Help Palestine Introduce Electronic Money
BPC Banking Technologies will help Palestine as it attempts to rebuild its national currency
Tech Firms Replace Finance And Law In The City Of London
Redistribution of office space reflects the wider trends in the UK economy
Facebook Plans To Launch Its Own Payment Platform
The yet unnamed service enables mobile payments with Facebook credentials
Bizcamp Tel Aviv To Send One Lucky UK Start-Up To Israel
The second annual Bizcamp competition is now open for submissions
US Federal Judge Rules Bitcoins Are “A Form Of Money”, Can Be Regulated
Securities and Exchange Commission gets a green light to investigate Bitcoin companies
Mt. Gox BitCoin Exchange “Hosted On Thousands Of Servers All Around The World”
The world’s largest BitCoin exchange partners with Akamai for speed and security
Former Apple Store Workers Demand Compensation For Bag Searches
Ex-employees claim they lost up to $1,400 a year because the searches were conducted off-the-clock
DataKind UK Helps Charities Make Informed Choices Using Analytics
The first DataDive event sees over 100 volunteers consulting four non-profit organisations
Russian Authorities To Investigate Google’s Tax Practices
A Russian lawmaker accuses Google of tax avoidance, while a different investigation looks at data transfers possibly related to PRISM
Seagate Quarterly Revenue Down Almost A Quarter
Results still beat analyst expectations, yearly revenue remains high and the company is optimistic
UK Audience Technology Start-Up Affectv Secures £2 Million Funding
The company will bring its mix of mathematics and marketing to Europe and Asia
Facebook To Buy British Software Quality Specialist Monoidics
Mathematical approach could help improve Facebook’s mobile apps
Intel Buys Into Gesture Recognition With Omek Acquisition
The chip manufacturer will pay close to $40m for an Israeli gesture recognition start-up
Uniqul Launches First-Of-A-Kind Face Recognition Payment System
The start-up wants to disrupt the wallet market
Big Data Charity Announces First London Event
DataDive, organised by DataKind UK, will help organisations like Oxfam and HelpAge take advantage of analytics without any risk
US Shields Its Digital Companies Against Tax Reform
The White House could resist closing loopholes in international tax law
UK Team Wins Imagine Cup 2013 Innovation Prize
Colinked from the UK managed to win the prestigious award and a $50,000 grant with their music sharing app
G20 Countries Plan To Change Tax Rules In The Next Two Years
A draft plan from OECD will attempt to solve the issue of tax havens
HTC Sees Slump Despite HTC One Success
HTC’s second quarter results contain some positives, but are below expectations
MasterCard The First To Lift “Banking Blockade” Against WikiLeaks
For the first time since the diplomatic cable leaks in 2010, Wikileaks officially accepts credit card donations