banks - The Stack (Page 2)

Metro Bank wins a lifeline, but for how long?

Efficient at IT, but not much else looks hugely attractive

The Stack October 09, 2023

HSBC breached this banking rule 12,200 times. Regulators sigh wearily

"HSBC’s processes, systems and staff were not capable of detecting and reporting these breaches until December 2022. The inability for HSBC to determine the scale of these breaches due to the inadequacy of its systems and processes is a further concern."

The Stack July 26, 2023

Banks’ IT spending in 2023 to hit $652 billion: Here's what some Big Spenders are focusing on...

From Citi's $1 billion "fat finger" and regulatory intervention driving a massive compliance overhaul, to major cloud migrations, spending continues at scale...

Edward Targett June 21, 2023

This retail bank has drawn a huge flurry of new users. Here’s why.

This retail bank has drawn a huge flurry of new users. Here’s why.

The retail banking market has heated up hugely in the UK in recent years, with the rise of digital-native banks like Monzo and Starling winning awards and customers – over seven million, three million respectively.) They hit the market with minimal technology debt, having built new stacks from the ground up,...

The Stack May 09, 2023