News
Financial applications
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January 02, 2019
02
Jan'19
How e-signatures fix broken digitisation
A big barrier to the end-to-end digitisation of business processes is that certain steps require paper – but DocuSign plans to fix this
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January 02, 2019
02
Jan'19
Subpostmasters suing Post Office over IT failures stunned by CEO’s honour
Subpostmasters’ campaign group attacks Post Office CEO Paula Vennells’ New Year honour amid ongoing court case
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December 20, 2018
20
Dec'18
Top 10 financial services stories of 2018
Here are Computer Weekly's top 10 financial services stories of 2018
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December 17, 2018
17
Dec'18
Financial services giant transforms application delivery through HCL
Dutch financial services firm Aegon is outsourcing the management of its fintech supplier network
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December 13, 2018
13
Dec'18
Chief technology officers in high demand in finance sector
Financial services firms need to hire experienced chief technology officers as the sector is transformed through fintech
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December 07, 2018
07
Dec'18
Court orders Post Office to explain inability to access encrypted file
Post Office unable to open encrypted recording of an interview that forms part of its evidence in High Court case
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December 07, 2018
07
Dec'18
Complex Post Office Horizon case set to continue into 2020
Court case where subpostmasters are suing the Post Office set to span at least four trials and extend into 2020
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December 04, 2018
04
Dec'18
Zopa gains banking licence and prepares launch
Peer-to-peer lending pioneer Zopa is turning its attention to retail banking in the UK, with plans to offer savings, credit and money management products
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December 04, 2018
04
Dec'18
Barclays staff to transfer to HCL as IT deal is expanded
Bank announces closure of operation in Lithuania, with employees transferring to IT services company HCL
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December 04, 2018
04
Dec'18
Lloyds to use core banking technology from Google-inspired UK fintech
Banking group explores cloud-based core banking technology as part of a major transformation programme
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November 30, 2018
30
Nov'18
CCRC may hold off subpostmaster decision until after Post Office Horizon trial
The Criminal Courts Review Commission is deciding whether to delay its decision on subpostmasters’ claims of wrongful prosecution until after a related court case
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November 28, 2018
28
Nov'18
Challenger bank signs up Google-inspired platform
Cloud-based platform offers functionality around smart contracts and a workflow engine for bank processes
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November 28, 2018
28
Nov'18
FCA deeply concerned as no end in sight for IT failures in banking
The FCA has reported a massive increase in the number of banking IT failures in the UK and admitted there is no end in sight
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November 28, 2018
28
Nov'18
UK competition watchdog concerned with PayPal’s fintech acquisition
Competition and Markets Authority fears $2.2bn deal could reduce competition for payment services in the UK
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November 27, 2018
27
Nov'18
Treasury Committee launches inquiry into bank IT failures
With IT outages in the financial sector a regular occurrence, the Treasury Committee is investigating the causes and consequences of these failures, and what industry and regulators are doing to promote resilience
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November 27, 2018
27
Nov'18
High Court trial over Horizon computer system completes witness cross-examinations
The High Court trial in which subpostmasters are suing the Post Office has reached an important stage
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November 21, 2018
21
Nov'18
Post Office held back information about Horizon IT system errors
Post Office director admits to Horizon errors and not sharing details with subpostmaster network
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November 16, 2018
16
Nov'18
Post Office executives cross-examined in Horizon IT system trial
A High Court trial, where subpostmasters are suing the Post Office for damages caused by an allegedly faulty IT system, ended its second week.
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November 15, 2018
15
Nov'18
The Gym Group flexes its muscles with data analytics
No-frills fitness company The Gym Group is using analytics technology to find insights from its financial, HR and membership data, as it limbers up for rapid expansion in the UK
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November 14, 2018
14
Nov'18
NetSuite finds sweet spot in Asia
With a fast-growing economy and government programmes to drive digital transformation, Asia is proving to be fertile ground for the cloud ERP pioneer
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November 13, 2018
13
Nov'18
Sweden’s central bank to test digital currency
Riksbank e-krona initiative follows government plan for a cashless society by 2030
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November 13, 2018
13
Nov'18
Post Office trial throws up known problem with Horizon system
High Court case in which subpostmasters are suing the Post Office has revealed a known problem with the computer system at the core of the dispute
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November 12, 2018
12
Nov'18
Singapore’s Redmart finds speed and agility with cloud ERP
Online grocer has slashed the time it takes to close the books from more than a week to just three days with Oracle’s cloud-based financial application
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November 09, 2018
09
Nov'18
High court Post Office trial puts subpostmasters’ contract under microscope
Case against Post Office in relation to allegedly faulty computer system begins in High Court
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November 05, 2018
05
Nov'18
Deutsche Bank to create cloud-based digital cheque processing system
German banking giant Deutsche Bank will replace manual and paper-intensive cheque processing methods with an automated system in the cloud
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November 01, 2018
01
Nov'18
SAP’s Atzberger vaunts front to back office capability
Alex Atzberger, president, SAP Customer Experience, recently went through the company’s customer-focused software strategy with Computer Weekly
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November 01, 2018
01
Nov'18
How Bahrain plans to become a regional fintech hub
Bahrain is a small island with big plans for its financial technology industry
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October 30, 2018
30
Oct'18
Traditional financial services firms face extinction within 12 years
A large number of large banks could disappear within 12 years unless they change business models and economics
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October 29, 2018
29
Oct'18
Why subpostmasters and Post Office are battling it out in the High Court
After over a decade of controversy, next week marks the beginning of a court battle between subpostmasters and the Post Office over allegations of faults in an accounting system leading to unfair prosecutions
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October 24, 2018
24
Oct'18
Oracle Open World 2018: CEO Mark Hurd says SAP ERP customers will defect
Oracle co-CEO Mark Hurd opined at Open World that SAP ECC6 customers will defect, in some measure, to Oracle in preference to S/4 Hana
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October 23, 2018
23
Oct'18
Software suites will dominate the business applications market
Oracle co-CEO Mark Hurd contends that having a common user interface and the ability to support data flows across a business are key capabilities that will spur the dominance of software suites over time
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October 19, 2018
19
Oct'18
Russians using less cash after accelerated use of electronic payments
Russians are increasingly using electronic payments rather than cash, a recent study by Sberbank has found
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October 18, 2018
18
Oct'18
SAP Q3 2018: Cloud revenue up 39%
SAP’s Q3 2018 results show cloud revenue now at 22% of total and indicate momentum. S/4 Hana customers number 9,500
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October 09, 2018
09
Oct'18
Blockchain adoption hotting up in Australia
The emerging technology is being tested in several industries in a country aspiring to be a global leader in blockchain development
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October 02, 2018
02
Oct'18
Filling the blockchain chasm
Blockchain as a term is becoming common language, but there is a long way to go before it will mean anything to the performance of most organisations
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October 02, 2018
02
Oct'18
Government explores blockchain to make buying and selling property easier and cheaper
HM Land Registry moves into the next phase of a project that will use the latest technologies to speed up property transactions
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September 28, 2018
28
Sep'18
No let-up in digital banking glitches as TSB and HSBC customers are hit on payday
Online and mobile app banking outages continue to increase in regularity as TSB and HSBC customers report problems
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September 21, 2018
21
Sep'18
RBS, Barclays and NatWest customers suffer more mobile banking outages
Banks apologise for problems that have affected mobile and internet banking services
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September 18, 2018
18
Sep'18
Oracle first-quarter 2018-19 results show weak growth
Oracle’s first-quarter results for 2018-19 reveal $9.2bn revenue and 1% growth, with co-CEO Mark Hurd calling out “spectacular growth” for the NetSuite cloud ERP for SMEs business
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September 14, 2018
14
Sep'18
How SAP is riding on Asia’s growth story
The enterprise software behemoth’s Asia-Pacific business is growing and believes its latest C/4 Hana suite is uniquely geared to the scale of the region
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September 13, 2018
13
Sep'18
Tech Nation startup programme demonstrates richness of UK fintech
A Tech Nation programme to support the UK's financial technology startups demonstrates the increasingly diverse range of business-to-business products and services available through the country's fintech community
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September 07, 2018
07
Sep'18
RBS announces branch closures as part of cancelled project to create challenger bank
The Royal Bank of Scotland has announced more branch closures and job losses as digital transformation continues to transform the sector
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September 05, 2018
05
Sep'18
The fintech startups to watch in the UK
Tech Nation’s choice of fintech companies to back reflects the changes expected to hit financial services IT
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September 04, 2018
04
Sep'18
Element AI teams up with AI Singapore
The Canadian upstart is co-developing AI applications for local industries as part of its efforts to build new research capabilities via local talent pools
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September 04, 2018
04
Sep'18
TSB CEO out after months of IT problems
TSB’s CEO, Paul Pester, is stepping down after the bank and its customers were beset by another round of IT problems
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August 22, 2018
22
Aug'18
JP Morgan fintech strategy widens retail trading
Bank’s digital You Invest service opens up trading opportunities to millions of customers
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August 14, 2018
14
Aug'18
How Unit4 punches above its weight in APAC
The supplier of enterprise resource planning software is giving users the ability to tweak its software easily without the need for consultants, turning the traditional enterprise software business model on its head
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August 09, 2018
09
Aug'18
Rentokil robot Trevor kills off mundane processes
Pest control firm has deployed artificial intelligence robots to take out manual processes and progress its learning organisation approach
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August 06, 2018
06
Aug'18
Starling raises the fintech stakes with banking-as-a-service
Challenger bank enables companies outside the financial sector to offer their customers savings and current accounts via the bank’s APIs
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July 31, 2018
31
Jul'18
UK fintech investment exceeds US and China
Financial technology investments in the UK have surpassed those made in the US and China