Articles about Barclays Bank

Customer service motivation cube

What's Niu? No longer profitable, revenues down... but we're hiring!

Once-profitable managed services business Niu Solutions is now burning cash and CEO Shaun Ledgerwood reckons the company will take three years to get back in the black. Based in Surrey, Niu Solutions flogs services to the retail and financial sectors, collecting monthly fees on contracts ranging from one to five years. …

Activist investor tells dot-word biz to sell off 'garbage' new domains

One of the biggest names in the domain name market, Rightside, has been hit with a broadside from an activist investor. J Carlo Cannell, who owns 7 per cent of the public company through his Cannell Capital company, filed an extraordinary and at times abusive letter with the SEC in which he outlined his frustration with the …
Kieren McCarthy, 02 Mar 2016

Cheque, mate? Barclays Bank borked as website, apps take cheeky siesta

Barclays Bank suffered an outage to its system which crippled the company's online service for hours on Monday afternoon. It's finally coming back to life, after the bank admitted around lunchtime today that its website and apps had fallen offline. Barclays told customers in a tweet: "We’re currently seeing some issues across …
Team Register, 07 Dec 2015

Look out, world! Apple is about to launch .apple

Apple is getting ready to launch its own piece of the internet: .apple. The iPhone and Mac manufacturer signed the agreement to run its namesake top-level domain back in May, but has only recently moved toward "delegation," meaning putting the name live in the internet's root zone. It is however the registration of 29 …
Kieren McCarthy, 18 Sep 2015
Drilling, image via_ Shutterstock

Salesforce's $20 billion challenge: to go deep, deep, deep

Salesforce last month announced another quarter of growth, up 23 per cent, year on year. Only this time, there was also profit — the first in 18 quarters. Thirty per cent of “top” deals for the quarter were new customers – Bank of America, John Deere, Western Union and Zurich Insurance, the toast of Wall St. Not just that, but …
Gavin Clarke, 15 Jun 2015

Nice computers don’t need to go to the toilet, says Barclays

Something for the Weekend, Sir?* Ever been invited to a party only to discover they gave you the wrong address? This doesn’t happen to me often but then I’m not the sort of person whom people invite to parties. Anyway, this wasn’t a party, it was a user group meetup. There I am, having made an attempt to smarten up a bit, travelled across town and …
Alistair Dabbs, 31 Jul 2014

Barclays Bank counter staff to become iPad-toting 'community bankers'

Barclays Bank is following the lead of London Underground and replacing counter staff with machines and people loitering around to show customers how to use them. The move will affect all 6,500 cashiers, who will be renamed “community bankers” and will be armed with iPads. Barclays already has 37 counterless branches, but the …
Simon Rockman, 15 Jul 2014
Container Vessel at Sea

You've made the product, now get it to the customers

Logistics may not seem as sexy as, say, R&D or social-media marketing – but messing it up could easily ruin your business. There are several things SMEs should think about when planning the part of their business that gets products out to customers. Far too many companies miss out this key part of the business equation, warns …
Robin Birtstone, 02 Jun 2014

Cost-cutting Barclays bank swings axe on 5,600 IT and ops bods

Barclays will axe about 5,600 IT and operations staffers in 2014 in a massive restructuring effort. The at-risk techies work across the retail and investment arms of the British banking group. The plan is to achieve £1.6bn in savings by scrapping about 14,000 full-time staff over the next 12 months, a move unveiled on Thursday …
Gavin Clarke, 08 May 2014
balaclava_thief_burglar

UK bank heist-by-KVM gang sent down for 24 years after nicking £1.2m

A gang has been jailed after secretly installing hardware in Barclays bank branches to control PCs and steal £1.2m. The sneaky crims hooked up a hidden KVM (keyboard, video and mouse) switch and a 3G mobile dongle to computers at two London branches. This allowed the thieves to connect to the switch over the internet, access …
John Leyden, 25 Apr 2014
iPad Mail app

Tab for Xmas, Mr Consumer? Yes please. And Mr Busin... NOPE

The slab revolution in UK consumer land continued over Chrimbo but many biz customers are still struggling to justify wider deployments and most of those that did steered well clear of Windows 8. Disties shipped a total of 1.5 million tabs in Q4, a hike of 53.1 per cent on a year ago. Some 16.4 per cent of these went via biz …
Paul Kunert, 26 Feb 2014
Night scene of bank station in central london

Barclays Bank probes 'client data sold to rogue City traders' breach

Barclays Bank has launched an investigation following a reported security breach involving thousands of confidential customer files. The Mail on Sunday took delivery of a memory stick containing personal details of 2,000 Barclays customers from a whistleblower. The files reportedly contained passport and national insurance …
John Leyden, 10 Feb 2014

Quadrillion-dollar finance house spams Reg reader with bankers' private data

Exclusive IT staff at the world's largest securities transaction clearing house are facing a rough few days after a Reg reader was inadvertently deluged with emails leaking session IDs, transfers, and account details for executives at big-name customers. The Depository Trust & Clearing Corporation (DTCC) handles the vast bulk of stock and …
Iain Thomson, 11 Dec 2013
Night scene of bank station in central london

Blighty's top moneymen: Hackers are SLURPING CASH direct from banks

Several UK banks have suffered actual financial losses as a result of cyber-attacks in the last six months, according to a Bank of England study. The Bank of England’s latest Financial Stability Report, published on Thursday, reiterates warnings about the risk posed by hacking attacks made six months ago when Andrew Haldane, the …
John Leyden, 29 Nov 2013
Parliament in the clouds

Meet the man who'll TAKE OVER if UK faces CYBER ATTACK

The delayed launch of the national Computer Emergency Response Team (CERT) is getting back on track with the appointment of its new director, Chris Gibson. This comes after the project was delayed until next year. The organisation was due to be up and running this year but recruitment and other issues meant its launch was put …
John Leyden, 22 Nov 2013

Apple will FAIL in corporate land 'because IT managers hate iPads'

Apple's "very limited success" in penetrating the corporate enterprise market with the iPad reflects the lack of control IT managers feel they have over the device, as well as the dominance of Windows. That is, according to HP exec Jos Brenkel, global senior veep of sales for Printers and Personal Systems, who said no single …
Paul Kunert, 04 Nov 2013

Java updates too much of a bother? Maybe online banking's just not for you

Security researchers have spotted a surge in attacks against online banking customers, thanks to a new strain of Java-exploiting Trojan Caphaw (aka Shylock). Over the last month or so the malware has targeted customers in at least 24 financial institutions, including Bank of Scotland, Barclays Bank, First Direct, Santander …
John Leyden, 23 Sep 2013
SOURCE: http://www.sxc.hu/photo/959469

'Bogus IT guys' slurp £1.3m from Barclays: Cybercops cuff 8 blokes

UK police have arrested eight men after a gang fitted remote-control hardware to a Barclays bank branch computer and stole £1.3m. Money was slurped from the bank after crooks hooked up a KVM (keyboard, video and mouse) switch and 3G dongle to a terminal in the branch, officers said. The suspects, aged between 24 and 47, were …
John Leyden, 20 Sep 2013
The Register breaking news

Barclays: So sorry about LIBOR... How about some free Wi-Fi?

BT is putting free Wi-Fi into 1,500 branches of Barclays Bank - presumably so that impatient customers can do some online banking while queuing for a teller. Barclays can easily afford its £290m fine for attempting to rig the global borrowing-rate benchmark LIBOR, and thus it can easily pay for the new wireless service. …
Bill Ray, 18 Feb 2013

What can save the Xmas PC market? Not Windows 8, say analysts

Analysts are lining up to denounce Microsoft's latest OS, claiming Windows 8 has been slow out of the blocks. The NPD Group estimates that in the four weeks since Microsoft coughed the software it was on 58 per cent of devices sold - compared to the 83 per cent achieved by Windows 7 after its launch. Stephen Baker, veep at …
Paul Kunert, 29 Nov 2012

Jock and Awe: Scottish schools' sixty-mil 'slab splurge

Scottish ministers are seeking suppliers for up to £60m of tablets and notebooks. The supply contract for the desired technology is expected to run for 15 months with an option to extend it by one or two 12-month periods. Suppliers were this month invited by Scottish Procurement to bid for two lots: the first lot involves …
Paul Kunert, 26 Nov 2012
Apple iPad with Retina Display

Barclays Bank buys 8,500 Apple iPads in one go

Barclays Bank has bought no less than 8,500 Apple slabs of fondling loveliness in one go, The Channel can reveal. The buy, made with dealer Insight UK, is believed to be one of the largest roll outs of the iPad or indeed any tablet in the UK finance sector, and signals the growing acceptance of the tab tech in corporate land …
Paul Kunert, 23 Nov 2012
Comet Siding Spring. Pic: NASA

Why did Comet fail? Hint: It wasn't just the credit insurers

Comet's fiscal light was burning less brightly well before OpCapita entered its orbit, but the venture capitalist's involvement snuffed it out entirely. Signs that all was not well can be traced back to 2008, when Comet's profit before tax tumbled from £56m to £25m. In successive years it posted losses of £8m, £3m and finally …
Eddie Pacey, 22 Nov 2012
Actian Vectorwise TPC-H

Actian daubs go-faster stripes on cheapo database kit

Comment Ingres descendent Actian says its Vectorwise analytics database tech doesn't need to rely on a flash memory boost: it uses multicore x86 features so well it's more than twice as fast as Oracle and SQL Server, and uses server, storage and networking hardware up to 40 times cheaper - or so we're told. Actian is actually Ingres, …
Chris Mellor, 21 Sep 2012
The Register breaking news

Biz chucks millions at anti-malware, but ignores shoulder surfers

Users who are otherwise careful to protect their information often fail to protect confidential information they display on computer screens from shoulder surfers. According to a recent survey, more than half of employees fail to protect their data despite admitting that they are able to read the confidential information of …
John Leyden, 16 Aug 2012
The Register breaking news

PayPal turns smartphones into checkout tills

PayPal has announced a card reader for Android and iOS phones, turning them into mobile payment systems. Called PayPal Here, the triangular device plugs into the phone via a jack and allows merchants to swipe credit cards and accept PayPal payments. The accompanying Here app also allows the phone's camera to scan and process …
Gavin Clarke, 16 Mar 2012

Barclays Capital cuts IT contractor rates by 10% ... again

Exclusive Barclays Capital has told IT contractors and temp staff that they have to accept a 10 per cent cut in their rates. The investment banking division of Barclays Bank told their temporary workers that the cut would come into effect on 5 December and they had until 11 November to let it know if they did not wish to accept the new …
The Register breaking news

ICO slates local authorities on data protection compliance

The Information Commissioner has called for the commencement of the custodial element of the section 55 offences and expressly criticised data protection compliance by local authorities as being “very bad”. He also criticised data controllers, especially in banks and financial services, as being uncooperative in relation to …
The Register breaking news

Cambridge boffins rebuff banking industry take down request

Computer scientists from Cambridge University have rebuffed attempts by a banking association to persuade them to take down a thesis covering the shortcomings of Chip-and-PIN as a payment verification method. Omar Choudary's masters thesis contains too much information about how it might be possible to fool a retailing terminal …
John Leyden, 29 Dec 2010
The Register breaking news

Police charge 11 over Zeus cybercrime scam

UK police investigating a suspected Zeus Trojan e-banking fraud ring have charged 11 people with a variety of fraud and money laundering offences. The accused, all east European nationals resident in Essex, allegedly participated in a series of frauds targeting customers of UK banks over the last three months that resulted in …
John Leyden, 30 Sep 2010
The Register breaking news

Premiership footie ticket scam targets Barclays users

Football fans are warned to be wary of a wave of phishing attacks to coincide with the start of a new Barclays Premier League season, which kicks off on Saturday. Symantec has intercepted spam messages claiming that recipients have "won a pair of tickets for the 2010/11 Barclays Premier League in a draw" that will supposedly …
John Leyden, 13 Aug 2010
The Register breaking news

Chinese hurl $1.5bn into NFC city

China Unicom, the country's second biggest network operator, has signed a $1.5bn deal with the Chongqing Municipal Government to create a world centre for the production of Near Field Communications kit. While the US network operators are joining together to create a payment system based on handsets, including NFC technology, …
Bill Ray, 12 Aug 2010
The Register breaking news

Programmer gets 4 years in TJX hack case

A former Barclays Bank programmer received 46 months in prison for helping TJX hacker Albert Gonzalez launder as much as $800,000, according to news reports. Humza Zaman, 33, was also fined $75,000 and ordered to undergo three years of court supervision once he's released. He pleaded guilty to one count of conspiracy last April …
Dan Goodin, 12 Mar 2010
The Register breaking news

Barclaycard drops offline

Barclaycard's UK website has been unavailable for most of the day and the company isn't sure when it's coming back. The company apologised to frustrated customers but said it was too soon to say what had gone wrong. The website went down this morning and is still unavailable at 3.00pm. The last time we reported problems - …
John Oates, 05 Oct 2009
The Register breaking news

Barclays online banking borked

Barclays Bank customers have had to manage without online banking today after the institution unveiled its innovative "brand new look". We've had dozens of emails from unhappy customers today and some dating back to Friday. The bank doesn't have much luck with its technology - the ATM network went down last month and the …
John Oates, 27 Jul 2009
The Register breaking news

Barclays IT systems have a strop

Updated Barclays Bank is suffering an IT outage that has seen cash points refusing to pay out and online banking going offline, with some readers reporting that even fleshy-staffed branches are having problems. The problems started over lunch time, and it seems that anyone trying to get money from a Barclays account should try and …
Bill Ray, 16 Jun 2009
The Register breaking news

Job cuts start to bite at Barclays

Barclays Bank is cutting 200 jobs from its IT department, but the bank is hoping it will reduce the number of redundancies originally announced. The redundancies are from its Global Retail and Commercial Banking department. We received an email from a Barclays worker which said 200 permanent jobs in technology and shared …
John Oates, 11 Jun 2009
The Register breaking news

Barclays to lay off more tech staff

Barclays IT staff were shocked to receive an emailed warning today that more jobs are likely to be lost at the troubled department. The department lost 700 staff last year in a round of layoffs as part of a planned cut of 1,800 staff by 2011. Then in January Barclays laid off 400 people whose "roles and responsibilities are …
John Oates, 11 May 2009
The Register breaking news

Barclays heralds new wave of wallet-waving

Barclays Bank is to embed contactless technology into every debit card issued from this day forward, allowing punters to pay for coffee with a wave of the wallet - providing they can find somewhere that accepts the new technology. Barclays has had a contactless card for a while now; the OnePulse, which also has an Oyster card …
Bill Ray, 03 Mar 2009
The Register breaking news

Tories choose sub-prime beard for maths post

The Tory party has chosen ex-Countdown presenter and secured loan advertiser Carol Vorderman to provide a public face for the party's "Maths Taskforce". Vorderman spent nine years shilling for FirstPlus - which offered loans to those with poor credit records. Barclays Bank - which owned FirstPlus - was looking for a buyer for …
John Oates, 02 Feb 2009
The Register breaking news

Kaspersky Labs denies panic mongering

A mild warning from anti-virus labs Kaspersky has been inflated into a full-blown panic by the Australian press that is warning of an imminent meltdown once infection reaches Australian shores. The Couriermail even quotes a Kaspersky representative as stating that "it would only take one call to an Australian mobile from an …
Bill Ray, 28 Jan 2009
The Register breaking news

Barclays online banking falls offline

Barclays Bank online banking service has been mostly unavailable today due to 'technical issues'. The Bank was unable to provide any further details as to what had caused the outage. Vulture Towers has received several emails today and earlier this week from unhappy customers. A spokesman told the Reg: "There have been …
John Oates, 01 Oct 2008
The Register breaking news

Goldfish customers sent wrong bills

A printing mix-up resulted in thousands of Goldfish credit card customers receiving other people's bills. Tony Jacob, 58, a Goldfish cardholder told UK tabloid The Sun that he was shocked to discover a statement for another credit card holder when he opened his monthly bill. "I was worried when I saw I was £10,000 in debt — but …
John Leyden, 19 Aug 2008
The Register breaking news

Lords kick anon leukaemia stats back to Scots ICO

Updated The House of Lords has overturned decisions of the Court of Session and the Scottish Information Commissioner and required the Commissioner to re-examine a request for access to medical statistics. The Commissioner, with the support of the Court of Session, had decided that, as a matter of fact, a set of anonymised medical …
OUT-LAW.COM, 10 Jul 2008
Gavel

Inside man in failed £72m electronic heist jailed

A former HSBC worker who tried to steal £72m ($141m) from the bank through an audacious electronic heist has been jailed for nine years. Jagmeet Channa, of Church Road, Ilford, was sentenced to 90 months for conspiracy to defraud and nine years for money laundering at a sentencing at Southwark Crown Court on Monday, after …
John Leyden, 07 Jul 2008
The Register breaking news

DVLA, Tiscali, Barclays rake in phoneline cash

Which? magazine has produced a list of 30 companies and organisations it found to be using high-rate numbers such as 0870 and 0845, including the DVLA which apparently made £3.4 million last year from punters calling in. The list includes Tiscali, Barclays Bank, British Gas and the TV Licensing authority as well as the DVLA. …
Bill Ray, 29 May 2008
unhappy

Fayrewood ends takeover talks

Fayrewood has ended takeover talks with North Atlantic Value LLP which could have led to the company being bought. Distributor Fayrewood, which trades as Interface Solutions, had been in talks since November 2007. It is not the first time the company has been rebuffed by a suitor - previous takeover talks in 2005 were also …
John Oates, 08 May 2008

Google and eBay thwart phishing redirection ruse

High-profile websites have cleaned up their act after a small team of security researchers documented how they were unwittingly helping phishing fraudsters. Phishing scams often use "open redirector" exploits on major sites to make their attack URL look more legitimate. The trick also makes it more likely that fraudulent …
John Leyden, 23 Jan 2008

Cybercrooks lurk in shadows of big-name websites

A small team of security researchers has documented how many high-profile websites are unwittingly helping phishing fraudsters. Phishing scams often use "open redirector" exploits on major sites to make their attack URL look more legitimate. The trick also makes it more likely that fraudulent emails that form the basis of …
John Leyden, 12 Dec 2007

Bank and mortgage scam nets ID crooks thousands

Scammers conned both a mortgage firm and a bank to hit an IT director for £60,000. UK police are hunting the gang responsible for the scam, and at least nine others like it, that are estimated to have netted ID fraudsters hundreds of thousands of pounds, The Times reports. Phishing fraudsters are typically satisfied with …
John Leyden, 30 Oct 2007