Sainsbury’s creates 480 digital specialist jobs, while cutting 500 jobs elsewhere

Sainsbury’s is creating 480 jobs for in-house digital specialists to develop digital systems to meet the increasing technology demands of customers

AWS gets EU approval for data replication outside of Europe

The European Union Data Protection Authorities has approved Amazon Web Services’ Data Processing Agreement

UK online banking fraud sees big increase but losses only at 2009 level

There was a 48% rise in the amount of money stolen from UK online bankers last year as criminals pilfered more than £60m

EU single digital market will boost networks and economic growth

The European Commission has highlighted the three main areas of focus in its digital single market strategy

Government deal means banks could close the last branch in town

Banks and government compromise on branch closures as digital banking decimates traditional services – but deal ensures alternatives

Google extends its financial services reach

Google plans to introduce a service enabling account holders to receive and pay bills with Gmail instead of paying on suppliers’ websites

Santander launches ISA mobile app

Spanish banking giant Santander launches a mobile app to help consumers navigate the ISA market

British Bankers’ Association wants regulators to constrain free movement of capital

The British Bankers’ Association (BBA) says the ability to switch accounts at the touch of a button increases the likelihood of a run on a bank

Payments sector empire-building continues with Skrill takeover

The alternative payments sectors is having billions of dollars thrown at it as technology companies jostle for position in a market set to soar

Six Nordic startups enterprise IT users should watch

Consumer-focused technology is just the tip of the iceberg in the Nordics, with some of the most exciting startups in the enterprise sector

DWP to direct jobseekers to digital skills-sharing platforms

Department for Work and Pensions to update guidance to Jobcentre Plus staff to direct jobseekers to digital skills-sharing platforms

Reading Council releases open transport data

Reading Council has opened up transport data to support real time traffic and bus information

Facebook photo leak flaw raises security concerns

A Facebook mobile code vulnerability, which exposed private photos to hackers, has raised questions about the safety of the social network’s coding

Yahoo closes R&D site in China

Yahoo announces it will close its research and development (R&D) centre in China in plans to consolidate research and cut costs

Facebook introduces friend-to-friend payment system

Facebook has introduced a feature to its Messenger app that enables people to transfer money to their friends in a few clicks

Budget 2015: First look at the policies for technology

Chancellor of the Exchequer George Osborne announced a range of Budget policies to help the growth of technology and digital government across the UK

Alibaba app enables people to make mobile payments using selfie

E-commerce giant Alibaba has demonstrated an app that will allow mobile shoppers to use selfies as authentication when making payments

Satya Nadella: Every business will be a software business

Digitisation may the buzzword business leaders are trying to grasp, but Microsoft has begun its journey to build a digitisation product portfolio

Post Office could be the Carphone Warehouse of banking industry

Atom Bank is latest digital bank to propose Post Office branches as places where customers can make transactions

Banking software supplier Misys launches Apple Watch app prototype

Finance software house Misys launches a prototype banking app for the Apple Watch that will be available off-the-shelf

FCA sets rules on firms' use of “powerful” social media

Social media is a powerful and growing communications tool for financial services companies, says the industry regulator

IBM could create digital payments infrastructure for central banks

IBM has held informal talks with some central banks about building an infrastructure that can provide them with bitcoin-like digital payments systems

Lack of awareness of switching service could hit challenger banks

A lack of consumer awareness about the system that enables bank accounts to be switched in seven days could restrict its impact

Five tech trends that will change the mobile world in the next 10 years

Computer scientist Kevin Curran discusses some of the trends that will shape the future of mobile at Mobile World Congress 2015

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