Government

FinTech chiefs debate AI skills crisis in UK Parliament  

Leaders from the technology industry have issued an urgent warning for the government to increase regulation and investment in Artificial Intelligence (AI) technology.   Speaking at the Parliamentary AI and FinTech Summit, which was hosted by Dean...

Six ways a global mobility partner can help with international tax legislation 

If you’re struggling to manage tax legislation in different locations, Alistair Sim, Head of Global Mobility, activpayroll, tells us how a global mobility partner can help navigate the complexity.  If your organisation is expanding into new...

How are banks leveraging technology to handle the complexities of ‘politically exposed persons’? 

Following the NatWest and Nigel Farage scandal, banks are still coming under increased scrutiny. The Treasury wrote to the ombudsman in September asking it to provide the complaints data showing a monthly rate of more than 268 complaints per month, made up...

IFRS 17: The impact so far  

Following an extended period of preparation, this year saw many insurance companies worldwide implement the most significant change in global accounting standards in almost two decades the International Financial Reporting Standard (IFRS) 17 came into...

What should the UK government be doing for financial services in the public sector?

In March 2023, the UK Government announced the latest Spring Budget. Many businesses anxiously held their breath as it was released during the height of the country’s cost-of-living crisis.   The Budget claims to “build upon the...

Lookout data shows credential theft mobile attacks on the rise in US government agencies 

Lookout, an endpoint to cloud security company, has released its 2022 Government Threat Report which examines the most prominent mobile threats affecting federal, state and local governments in the United States.  Lookout data reveals mobile phishing...

Gartner highlights seven disruptions CIOs might not see coming

CIOs must take time to consider ‘what if’ scenarios to avoid being blindsided by social, behavioural and technological disruptions, according to Gartner. Speaking at Gartner IT Symposium/Xpo in Australia, David Yockelson, VP analyst at Gartner,...

Dubai Police to rollout second NFT collection during GITEX 2022

As many as 22.91 million people from all over the globe registered their interest in getting Dubai Police’s first collection of non-fungible tokens (NFTs), which was released by the Dubai Police General Command during the second quarter of 2022....

Telefónica Tech study shows 57% of companies plan to invest more in ICT in the next two years

A study from Telefónica Tech, which gathered responses from a total of 810 IT professionals in Spain, Brazil, Germany, the UK and the Republic of Ireland, finds 60% of the IT professionals surveyed recognize that after the pandemic their company is...

MinCiencias and CRC to finance research and development projects

The Ministry of Science, Technology and Innovation (MinCiencias) and the Communications Regulation Commission (CRC) has presented the results of the inaugural New Knowledge, Technological Development and Innovation for the Strengthening of the ICT, Postal...

Call for stricter regulations to reduce IT outages in banking sector, report finds

A UK government committee has warned that regulators must act to reduce an increased amount of IT failures in the financial services sector. The number of incidents has been deemed ‘unacceptable’ by the Treasury Committee. With online banking so...