institutions in news

Betfair spins into financial trading

News By contrast, he said long established institutions such as the London Stock Exchange "can maybe handle a couple of hundred customers connecting to them simultaneously". Online betting exchange Betfair has spun off a new... [10 Nov 2008]

Don't dither over IT in the downturn, banks told

News Financial institutions are being warned they have two tech choices in order to survive the economic downturn: either go all out and plump for radical IT-enabled change, or make like bears and hibernate until the storm... [05 Nov 2008]

Is the credit crunch affecting IT?

News City IT workers are likely to be most fearful for their jobs as the financial crisis drives consolidation between surviving financial institutions. Financial markets everywhere may be shedding value with nail-biting... [03 Nov 2008]

Stark warning over cyber attacks on UK businesses

News The computer systems of critical businesses in the UK, such as power companies and large financial institutions, are being repeatedly probed to steal information or uncover weaknesses that could take them down. [29 Oct 2008]

Kent schools outsource IT

News The move is part of a £600m project to refurbish, rebuild and transform the 11 schools into modern education institutions and a significant part of the contract with Northgate will be to deliver an online managed... [29 Oct 2008]

Schools get new route to cheaper software shopping

News OGCbuying.solutions, the government's procurement arm, and Becta, its technology strategy agency, have agreed a new deal for schools and other educational institutions' software shopping. Schools now have a new way of... [13 Oct 2008]

World Bank hit by cyber intrusion epidemic?

News Apparently, the World Bank Group does not conduct its own security-assessment testing, a requirement of financial institutions in the US and other countries. The World Bank Group was first notified of the intrusions by... [13 Oct 2008]

Large Hadron Collider puts a grid on it

News Academics from across the globe at institutions linked into the grid joined the launch celebrations at Cern by videolink on Friday. One of the world's largest computing grids, capable of streaming the equivalent of 3... [03 Oct 2008]

Phishers cash in on credit crisis

News It seems phishers are cashing in on the current economic crisis and climate of mergers between financial institutions. Security firm SonicWall said Thursday it has been seeing emails that attempt to lure people to fake... [03 Oct 2008]

Prisoners' phone bills too high says watchdog

News Following an investigation, Ofcom has ruled that prisoners in Ministry of Justice jails are paying more than their counterparts in managed institutions. Prisoners in England, Scotland and Wales have been paying too much... [23 Sep 2008]

Oyster brand and credit crunch to hit O2 mobile wallet?

News According to Dunne, in light of the credit crunch financial institutions will be pressed to ask: "Is this a big enough opportunity early enough for it to knock some other things off the list, [especially in a climate]... [15 Sep 2008]

Barclays contactless: More cards, more retailers

News It does partly depend on other institutions because not everyone carries a Barclaycard unfortunately," Mould said. Barclays is preparing to expand its range of 'wave and pay' cards and convince more retailers to accept... [08 Sep 2008]

HP dishes out research grants to academic institutions

News HP has announced a slew of grants to academic institutions across the globe for research into the next wave of technology, from cloud computing to greener IT. Thirty-four institutions received 41 awards,... [18 Aug 2008]

Yahoo!, HP, Intel meet in the cloud

News Researchers from all three companies as well as the host institutions will have access to the project. HP, Intel and Yahoo! have teamed up to create a "test bed" project for research in cloud computing. [30 Jul 2008]

The 15-petabyte network behind the Cern atom smasher

News The Large Hadron Collider Computing Grid (LCG), a super high bandwidth network, will channel about 15 petabytes - 15 million gigabytes - of data from the LHC to about 5,000 scientists in 500 institutions every year for... [15 Jul 2008]

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