Bank of England stories
![Story image](../../../../../uploads/story/2024/08/23/preview_techday_14c711ff0968346d164d.webp)
Finance sector lacking third-party risk plans despite DORA push
Last month
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ai security
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risk & compliance
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security vulnerabilities
Only 20.8% of finance professionals have stressed exit plans with suppliers, despite DORA recommendations, highlighting a key vulnerability exposed by a recent CrowdStrike outage.
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REGnosys donates Rune code to FINOS to streamline compliance
Tue, 2nd Jul 2024
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risk & compliance
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regtech
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financial institutions
REGnosys has open-sourced its regulatory language Rune to FINOS, aiming to streamline compliance and reduce UK banks' annual reporting costs of up to GBP £4.5 billion.
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Ashdown Group releases 2024 IT salary guide amid economic shifts
Fri, 24th May 2024
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advanced persistent threat protection
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devops
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apm
The Ashdown Group's 2024 IT Salary Guide reveals a 27% drop in job posts amid economic slowdown, but optimism rises with potential Bank of England rate cuts.
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Bank of England & Code Institute back AI as job creator
Tue, 9th Apr 2024
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martech
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ai
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software development
The Bank of England and Code Institute advocate for artificial intelligence as a catalyst for job generation, urging developers to tap into the soaring demand for AI skills.
![Story image](../../../../../uploads/story/2024/03/26/preview_img-P0qE4l25ldAUjjofd1JTZ911.webp)
Bank of England increases IT spending amid criticism
Wed, 27th Mar 2024
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advanced persistent threat protection
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cyber threats
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it spending
The Bank of England's IT spending has surged by 12% to £98.8m, eliciting criticism amid rising expenses on tech salaries and bonus payouts.
![Story image](../../../../../uploads/story/2024/02/19/preview_img-I1Ii7gHQAM4sKVeG9U7wKUJV.webp)
UK govt's 'wait & see' approach to AI regulation sparks row
Tue, 20th Feb 2024
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advanced persistent threat protection
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ai
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uk government
UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.
![Story image](../../../../../uploads/story/2024/02/07/preview_img-Jd54UYLw770pKJ1X81zxJXPd.webp)
Bank of England Governor refutes AI job loss fears
Wed, 7th Feb 2024
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ai
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chatgpt
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employment
Bank of England Governor, Andrew Bailey, defies cynicism surrounding AI, predicting AI's potential for job creation and efficiency over elimination in the UK economy.
![Story image](../../../../../uploads/story/2024/01/08/preview_img-z0yVp1Xfj7XqQHN2TIrr2QIo.webp)
UK businesses view high inflation as an uncontrollable issue
Mon, 8th Jan 2024
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cx
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digital transformation
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martech
Nearly two in five UK businesses see high inflation as a major uncontrollable concern, hindering recovery efforts, with tech investment cutbacks in response, reveals a Zoho study.
![Story image](../../../../../uploads/story/2023/08/31/preview_GettyImages-1432955867.webp)
AI and ML defining fintech automation, says STX Next
Thu, 31st Aug 2023
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fintechs
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data analytics
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ai
AI and ML algorithms can process large quantities of data and deliver increased efficiency, scalability and accuracy for fintechs pioneering the technology.
![Story image](../../../../../uploads/story/2023/08/16/preview_GettyImages-1227545096.webp)
Big Data London unveils its keynote speaker lineup
Wed, 16th Aug 2023
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ai
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data analytics
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big data
British Astronaut and Author Major Tim Peake is set to headline Big Data LDN (London), the UK’s data, analytics and AI event.
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Global digital payments fraud thriving in 2023 – report
Thu, 29th Jun 2023
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payment technologies
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bnpl
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cybersecurity
The COVID-19 pandemic has catalysed a digital payments revolution, but fraudsters are taking advantage. Find out how experts are fighting back.
![Story image](../../../../../uploads/story/2023/02/23/preview_GettyImages-1284335991.webp)
Tackling the Top 4 Hurdles in Operational Leadership Today
Thu, 23rd Feb 2023
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digital transformation
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leadership
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autonomy
Finding IT talent is becoming increasingly difficult, particularly for those most in demand, including software developers and analysts.
![Story image](../../../../../uploads/story/2023/02/09/preview_GettyImages-1146418707.webp)
Global IoT market size set to grow 19% in 2023 – report
Thu, 9th Feb 2023
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iot
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inflation
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it spending
The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.
![Story image](../../../../../uploads/story/2023/01/25/preview_Mick_Photo.webp)
SecAlliance appoints new Director of Intelligence
Wed, 25th Jan 2023
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apm
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devops
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software development
Mick Reynolds, former Head of Cyber Intelligence and Security Testing at Direct Line Group, joins SecAlliance as Director of Intelligence.
![Story image](../../../../../uploads/story/2023/01/19/preview_GettyImages-1223732310.webp)
Nine out of 10 fintechs will hire more fraud experts in 2023
Thu, 19th Jan 2023
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fintechs
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email security
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risk & compliance
Nine out of ten fintechs plan to recruit more experts to help tackle fraud as they expect scams to soar in 2023, according to new research.
![Story image](../../../../../uploads/story/2019/11/12/preview_digital_currency.webp)
Programmable money will redraw the map of international trade
Tue, 12th Nov 2019
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fintechs
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blockchain
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cryptocurrency
Those who control the most widely used currencies also control a great deal of the global economy, and it is time for New Zealand to get in the game.
![Story image](../../../../../uploads/story/2015/05/29/preview_secuirty_bae.webp)
Intelligence-led testing imperative for security
Fri, 29th May 2015
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cybersecurity
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bae systems
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retailers
The evolving cyber threat landscape is leading to a real need of more robust defences, as well as realistic, or ‘real-life’ testing of those defences.
![Story image](../../../../../uploads/story/2015/04/07/preview_wall_st-2.webp)
World Week Ahead: Dudley saves the day
Tue, 7th Apr 2015
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wall street
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aras
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economy
Wall Street advanced, shrugging off earlier declines following Friday's disappointing US jobs report, after New York Fed President William Dudley sugg.
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NZ dollar falls to one-week low vs British pound after BoE's Carney says next move is up
Mon, 30th Mar 2015
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new zealand dollar
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inflation
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globaldairytrade
The New Zealand dollar fell to a one-week low against the British pound after Bank of England governor Mark Carney said the next move in interest rate.
![Story image](../../../../../uploads/story/2015/03/25/preview_money_rise.webp)
NZ dollar rises to 2-month high vs. pound after report shows no British inflation
Wed, 25th Mar 2015
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new zealand dollar
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inflation
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forex
The New Zealand dollar rose to a two-month high against the pound after a report showed Britain had no inflation last month, stoking speculation the B.