• Intel, VMware broaden 5G collaboration across radio access network

    Aiming to accelerate the roll-out of both existing LTE and future 5G networks, Intel and VMware have announced that they have entered into a collaboration on an integrated software platform for virtualised radio access networks (RANs).

    The companies say that as communications service providers (CoSPs) evolve their networks to support the roll-out of future 5G networks, they are increasingly adopting a software-defined, virtualised infrastructure. They add that virtualisation of the core network has already enabled CoSPs to improve operational costs and bring services to market more quickly.

    Also, increasing numbers of CoSPs are embracing the idea of having open and

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  • Challenger bank sees huge growth during pandemic

    App-based challenger bank Starling has seen a huge rise in its number of business and retail customers in the past nine months, despite the period being hit by the Covid-19 outbreak.

    Its success is another example of an established fintech, with a diverse offering, successfully navigating the pandemic-instigated slowdown

    In November last year, Starling had 926,000 retail bank accounts, 82,000 business bank accounts and held about £1bn in credits. But according to a letter to investors from the bank’s founder and CEO, Anne Boden, it now provides more than 1.25 million current accounts, 200,000 SME (small and medum-sized enterprise)

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  • Capital One hit with $80m fine by US regulators over 2019 data breach

    Capital One must take steps to address shortcomings in its cloud risk operations plan after being hit with an $80m fine for a 2019 data breach that affected 106 million customers in the US and Canada.

    A consent order issued by the US Treasury Department’s Office of the Comptroller of the Currency (OCC) said the company engaged in “unsafe and unsound practices, including those relating to information security” and failed to “establish effective risk assessment processes” before migrating its IT systems to the cloud.

    This allegedly paved the way for an unauthorised third party to gain access to the social

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