Articles about barclays

angry lego minifig man turns on anxious lego minifig man

Barclays and RBS on naughty step: Banks told to explain service meltdown to UK politicos

The influential Treasury Committee has demanded that banking execs at RBS Group and Barclays must explain why customers were again unable to access online services at the tail end of last week. On Thursday, 20 September, Barclays' systems were offline for hours, while the Royal Bank of Scotland, NatWest and Ulster Bank went …
Rebecca Hill, 24 Sep 2018
Stock traders

Feds charge Barclays trader with fraud in Hewlett-Packard deal

The former head of foreign currency exchanges at Barclays New York has been charged in the US with devising and executing a "scheme to defraud HP of money and property", according to an indictment entered yesterday. Robert Bogucki is accused of six counts of wire fraud, and one count of conspiracy, after Feds alleged he used …
Richard Priday, 18 Jan 2018
Money laundering

Barclays bank bod in the cooler for aiding Dridex money launderers

An employee of Barclays Bank who laundered thousands of pounds on behalf of Moldovan cybercriminals was yesterday sentenced to six years and four months behind bars in Blighty. According to the Crown Prosecution Service, Jinal Pethad, 29, from Edgware, London, UK, set up more than a hundred false accounts to launder money and …
Richard Priday, 13 Dec 2017
Kaspersky

Brit bank Barclays' Kaspersky Lab diss: It's cyber balkanisation, hiss infosec bods

Analysis Barclays has stopped offering free Kaspersky Lab products to new users in a move that shows, like Best Buy, commercial firms can be swayed by governmental stances on dealing with the Russian software firm. best buy Red panic: Best Buy yanks Kaspersky antivirus from shelves READ MORE As El Reg reported yesterday, the UK high …
John Leyden, 5 Dec 2017
Whitehall,London

Infinidat slims down in UK: Storage upstart has just handful of Brit staff

Infinidat has slimmed its UK office from 17 heads to just four since January 2016, and has not won a new customer in that time, we're told. The company, headquartered in Waltham, Massachusetts, is Moshe Yanai's creation that eschews an all-flash design. It sells monolithic storage arrays in competition with EMC VMAX kit, …
Chris Mellor, 26 Jan 2017
His master's voice

Hello, Barclays? Why hello, John Smith. We meet again

Barclays is abolishing passwords for its telephone banking customers in favour of voice recognition. The UK high-street bank – which has been trialling voice recognition technology with a limited number of customers for three years since 2013 – said that technology that identifies a caller based solely on their voice is a “ …
John Leyden, 1 Aug 2016
Pulling the plug

Barclays.net Bank Holiday outage leaves firms unable to process payments

Barclays.net has been shrugging off business customers' login attempts since Friday, leaving many unable to process payments over the bank holiday weekend. Problems with the business banking service peaked on Friday, with customers complaining that they were unable to process payments ahead of the bank holiday weekend. One …
Apple phone payement.

Apple Pay's Brit biz bashed by banks planning to Zapp it out

Britain's biggest high street banks are launching their own digital payment services to fight off Apple's invasive Pay system. Cupertino's steady conversion of its eToy market dominance into the active, omnipresent control of the entire universe has found an opponent in yesteryear's foremost public enemies: the good old high …
Google car

Driverless cars deal death to Detroit, says Barclays

Shared driverless cars will kill off the multi-car household, and a Barclays analyst reckons that points to a calamitous future for Detroit. The bank's Brian Johnson reckons the driverless world will drive down US auto sales by 40 per cent over the next 25 years, and will force GM and Ford to slash their output, he reckons. …
Still from the movie Zoolander: Derek and a fellow model try to get the 'files' out of the Mac by smashing it to pieces. copyright Paramount Pictures

Barclays punts instant Twitter mobile payments app – best avoid while drunk

UK banking giant Barclays has confirmed plans to allow Brits and small businesses to use their, er, Twitter handle to make payments online. Customers who use Barclays' mobile payment service Pingit on Android phones and iOS slabs will be able to pay others via Twitter as of 10 March, the bank said. Barclays mobe banking boss …
Kelly Fiveash, 26 Feb 2015
Lego Monster Fighters Lord Vampyre

Go on, corporate drone, log in... We'd recognise your VEINS anywhere – Barclays

Barclays is ramping up its fight against online fraud with the roll-out of a biometric scanner that uses Hitachi’s Finger Vein Authentication Technology (VeinID). Unlike fingerprints, vein patterns are extremely difficult to spoof or replicate. Barclays Biometric Reader will allow customers secure access to their online …
John Leyden, 5 Sep 2014
iPhone forensics beaten image

Vodafone pay-by-bonk launch may signal iPhone 6 NFC plans

Vodafone has announced that its SmartPass technology will work with TfL’s systems when the London Underground starts accepting mobile pay-by-bonk on 16 September – but bigger things are planned. The existing SmartPass platform uses a system where a phone apes a contactless credit card. It’s tied to the customers’ card and …
Simon Rockman, 2 Sep 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
Nuance Dragon Dictate headset

Brit bank Barclays rolls out speech recognition for telephone banking

UK high street bank Barclays is introducing voice recognition for users of its telephone banking service. The roll-out of the technology is designed to provide a more secure alternative to pass-codes and the answers to secrets questions as a means to authenticate consumers accessing telephone banking services. The retail bank …
John Leyden, 24 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, 8 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

Barclays' DOUBLE DIGIT contractor rate cut? Not for us, say PPI bods

Not all Barclays contractors are equal, it would seem, with techies working on projects in the area of Payment Protection Insurance refunds being told they will not have their rates cut, according to insiders. This was only after a hefty proportion of that team, believed to be up to half, apparently decided to not to accept …
Paul Kunert, 21 Mar 2014

Vine's 'educational nudity': 'So if I write 1+1=2 on my boobs we're grand?'

Quotw This was the week when the internet World Wide Web turned 25 and websites were stuffed with listicles and infographics telling us all about it. But said sites also unfortunately found it difficult to differentiate between the Web and the internet. (For clarity, the internet is the one that's stored in a black box, see …

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