News
Financial applications
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January 30, 2018
30
Jan'18
SAP 2017 results: Cloud revenue nears €3.8bn, 7,900 S/4 Hana customers
SAP has declared full year 2017 revenue of €23.5bn, of which nearly €2.8bn was cloud, alongside acquisition of Callidus, a cloud-based “lead to money” service
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January 25, 2018
25
Jan'18
Robots are needed to manage the automation robots
The next decade will see robots transform from invisible forces obeying our commands to lifelike objects interacting with humans on a daily basis
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January 25, 2018
25
Jan'18
Forensic investigation into Post Office IT system at centre of legal case nears completion
The investigation into the fairness of court cases brought against sub-postmasters is close to finishing its forensic examination of the IT system at the heart of the controversy
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January 23, 2018
23
Jan'18
Mastercard sets biometric ID deadline for banks
Mastercard has committed to guaranteeing that every one of its customers will have access to biometric authentication services by April 2019
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January 22, 2018
22
Jan'18
IT of world’s banks is moving on from crippling regulation
Banks need to invest more in fintech and IT skills as they emerge from years of stagnation
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January 18, 2018
18
Jan'18
Nordic IT executive interview: Daniel Kjellén, CEO, Tink
Sweden could have a head start in the race to open up banking through the European Union’s PSD2 regulation
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January 18, 2018
18
Jan'18
Demand for cloud services drives increase in IT outsourcing
Cloud services spending in Europe, the Middle East and Africa offset a drop in traditional IT outsourcing in 2017
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January 16, 2018
16
Jan'18
Financial savings just the beginning for CIOs who understand code quality
Businesses need to understand the quality of the code in their applications if they are to avoid unnecessary costs and glitches
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January 16, 2018
16
Jan'18
Abu Dhabi continues fintech agenda in 2018
Abu Dhabi is open to developing its fintech ecosystem, with the next 12 months expected to see more focus on the sector
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January 11, 2018
11
Jan'18
Retail banking regulations hit UK with the potential of a ‘Big Bang’ moment
The UK retail banking sector is at the beginning of a journey towards to a more competitive future as new regulation hits them
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January 10, 2018
10
Jan'18
Marks and Spencer eyes £30m annual cost savings from digital-first retail push
High-street retailer has fleshed out plans to put digital at the heart of its business to boost operational efficiency in response to changing consumer demands
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January 09, 2018
09
Jan'18
Google puts its payment services under one roof
Internet giant is bringing all its payment services under the Google Pay brand, making them “simpler, safer and more consistent”
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January 04, 2018
04
Jan'18
Nordic banks face digitisation decisions over PSD2
With the latest version of the EU payment services directive coming into force, traditional Nordic banks can’t afford to slow their digital transformations
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December 19, 2017
19
Dec'17
Top 10 enterprise IT in the Nordics stories in 2017
The Nordic region might be best known in IT circles for its startup communities – but it has much more to offer
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December 08, 2017
08
Dec'17
Santander UK recruits digital banking expert from Barclays
Santander UK has poached Michael Harte from Barclays to drive digital transformation
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December 06, 2017
06
Dec'17
CIO interview: Carlos Abarca, TSB
Carlos Abarca is guiding TSB through its migration from systems hosted by a competitor to a digitally focused in-house core banking platform.
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December 06, 2017
06
Dec'17
Mayor of London opens Bangalore office to strengthen links with Indian businesses
City of London’s office in India’s tech hub aims to promote Indian investment and IT jobs in UK capital
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November 28, 2017
28
Nov'17
Dutch digital coin miners offered datacentre space to reduce costs
The Netherlands’ Datacenter Group is providing digital coin miners with space in a professional datacentre
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November 28, 2017
28
Nov'17
Fintech is increasing operational risk to banks
European Banking Association report reveals fear of greater operational risk because of increased take-up of fintech in financial services sector
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November 22, 2017
22
Nov'17
CIO interview: David Southern, director of ICT, WWF UK
In his 17 years in the IT department at the WWF, David Southern has seen many changes – and the advent of cloud computing is one of the biggest
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November 21, 2017
21
Nov'17
IR35 reforms: Economic concerns raised over prospect of private sector roll-out
With the government’s stance on rolling out the IR35 reforms to the private sector appearing to soften, IPSE and others air concerns over the threat this move could pose to the post-Brexit economy
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November 16, 2017
16
Nov'17
Post Office court case judge issues warning to legal teams
The high court judge managing the sub-postmasters versus Post Office legal case over an allegedly faulty computer system tells legal teams to cooperate
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November 09, 2017
09
Nov'17
TSB customers can use their faces to authenticate payments
Bank’s latest addition to its mobile apps is a facial recognition option for Apple iPhone X users
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November 06, 2017
06
Nov'17
Bank of Scotland testing out artificial intelligence on customer iPhone app
Bank of Scotland pilots artificial intelligence within its iPhone banking app.
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October 31, 2017
31
Oct'17
Image recognition system clears cheques in one day
All cheques paid in the UK will be cleared on the next working day once an image-based clearing system is fully rolled out
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October 30, 2017
30
Oct'17
Court dates set for Post Office accounting system trials
An end is in sight for sub-postmasters’ campaign against alleged wrongful prosecution, which they blame on a faulty computer system
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October 27, 2017
27
Oct'17
Nordea lays off 6,000, citing digital transformation as the driver
Nordea is cutting staff as a result of its ongoing digital transformation, which means it needs less people
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October 27, 2017
27
Oct'17
Carglass France feels benefit of employee knowledge sharing
Automobile glass repair company Carglass France is using knowledge-sharing technology to distribute expertise among 3,000 employees
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October 27, 2017
27
Oct'17
Airbus saves millions after building a digital learning library
Airbus has created a digital learning library that is helping more than 100,000 staff in 35 countries keep their skills updated
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October 24, 2017
24
Oct'17
Nordic finance watchdogs losing patience over anti-money laundering systems at banks
The financial services watchdogs have informed banks that they have to do more to improve anti-money laundering systems
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October 19, 2017
19
Oct'17
Post Office computer system legal case reaches important procedural juncture
Sub-postmasters group action against the Post Office reaches an important milestone
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October 02, 2017
02
Oct'17
OpenWorld 2017: Ellison declares autonomous database 'revolutionary'
Oracle’s Larry Ellison claims revolutionary cast for autonomous 18c database at the supplier’s 2017 OpenWorld conference in San Francisco
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September 27, 2017
27
Sep'17
RHB Bank rolls out chatbot for loan applications
The Malaysian lender hopes to improve the loan application experience and grow its personal loan business by 60% through a new chatbot
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September 20, 2017
20
Sep'17
Oracle announces simplified pricing model for cloud computing
Ahead of Oracle’s OpenWorld 2017 event, Larry Ellison announces simplification of cloud pricing, attached to increased automation in database and middleware
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September 15, 2017
15
Sep'17
Banks across Europe cut thousands of staff and branches as IT replaces them
Banks across Europe cut jobs and close thousands of branches as IT shakes the industry
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September 15, 2017
15
Sep'17
Oracle 2017-18 Q1 results: Cloud revenue jumps by 51%
Oracle’s first quarter 2017-18 results show jump in cloud revenue of 51%, boosted by NetSuite acquisition. Executives continue to be bullish on cloud growth, and the AI makeover of core database is flagged
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August 31, 2017
31
Aug'17
App-based challenger bank Starling enters next stage of its journey
Thousands of people are downloading Starling’s app every week as the bank builds its customer base
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August 30, 2017
30
Aug'17
Challenger bank Fidor reaches 200,000 customers
Fintech trailblazer Fidor now has more than 200,000 people using its banking services, but its CEO believes the fintech environment is getting tougher
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August 29, 2017
29
Aug'17
Danske Bank taps into the cognitive capabilities of IBM Watson
Danish bank is using IBM Watson as part of a major IT outsourcing deal
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August 22, 2017
22
Aug'17
Blockchain skills in high demand and jobs being swept up quickly
Job vacancies for people with blockchain skills are being filled in just seven days, on average, once they are advertised online
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August 21, 2017
21
Aug'17
HSBC streamlines mortgages with Capita software
Bank is using software to improve its mortgage application processes and subsequently increase business through brokers
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August 17, 2017
17
Aug'17
Barclays ring-fencing project means downtime for customers
Many Barclays services will be unavailable this weekend as part of the bank's project to separate retail and investment operations
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August 16, 2017
16
Aug'17
A decade of IT change since banking meltdown
With 10 years passing since Northern Rock had to be bailed out by the government, we look at how banking IT has changed since the financial crisis
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August 11, 2017
11
Aug'17
BBVA tops Forrester mobile bank app chart
Spanish bank BBVA has the best mobile banking app in the world, according to Forrester Research
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August 11, 2017
11
Aug'17
HSBC uses IBM to automate the processing of 100 million document pages
In another instance of banks adopting automation to lower costs and drive productivity, HSBC uses IBM analytics technology to cut down on its paper trail
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August 07, 2017
07
Aug'17
TSG 1899 Hoffenheim gets 'faster in the head' with SAP analytics
TSG 1899 Hoffenheim has been using SAP’s Hana database and applications to speed up players mentally, as well as using SAP Hybris to sell shirts
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August 02, 2017
02
Aug'17
Fruit firm W B Chambers uses IFS suite to grow business
W B Chambers, a Kentish fruit farm, has chosen IFS to support its business growth and to guard against the labour pool uncertainties of Brexit
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July 20, 2017
20
Jul'17
TSB to introduce iris scan authentication in September 2017
TSB customers will soon be able to access their mobile bank accounts through iris scanning, which is regarded as the most secure biometric authentication available
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July 19, 2017
19
Jul'17
London Stock Exchange uses IBM blockchain technology
The London Stock Exchange is testing out IBM's blockchain technology in a platform to help SME operations become more transparent
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July 17, 2017
17
Jul'17
Post Office defence in computer system legal case due this week
The Post Office will this week present its defence against allegations brought by subpostmasters in a group legal action