News
Financial applications
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January 27, 2017
27
Jan'17
Post Office facing group litigation over Horizon computer system after watershed decision
The group action against the Post Office that alleges sub-postmasters have been wrongly punished for accounting errors gets a green light from the High Court of Justice
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January 23, 2017
23
Jan'17
Singapore and Indonesia stand out for IT spend in Apac banking sector
Singapore is the top spender on IT for banking of all developed economies in the Apac region, while Indonesia has the fastest growth rate in IT spending
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January 17, 2017
17
Jan'17
Blockchain can cut investment bank infrastructure costs by 30%
Investment banks can make huge cuts to their IT infrastructure costs through blockchain, according to analysis
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January 13, 2017
13
Jan'17
Davos: Technology poses new risks to jobs, economies and society
Politicians and business leaders will discuss the risks posed by technology to jobs, political stability and cyber security at the World Economic Forum in Davos
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January 12, 2017
12
Jan'17
Lloyds Bank digital banking problems an industry warning
Lloyds Bank’s digital banking problems still unresolved after a second day
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January 05, 2017
05
Jan'17
Robots replace staff at Japanese insurance firm
Japanese insurance company Fukoku Mutual Life Insurance replaces 34 members of its claims assessment team with IBM Watson
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January 04, 2017
04
Jan'17
Pernod Ricard toasts better demand forecasting with Infor
Drinks company Pernod Ricard, known for its Absolut, Malibu and Jameson tipples, has improved demand forecast accuracy with Infor software
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December 13, 2016
13
Dec'16
Metro Bank moves IT infrastructure to cloud
Metro Bank moves its IT infrastructure to a private Rackspace cloud platform, which will allow it to keep up with the latest technologies and reduce costs
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December 05, 2016
05
Dec'16
Top 10 ANZ enterprise IT stories of 2016
Here is a rundown of Computer Weekly’s most popular ANZ enterprise IT articles for 2016
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November 23, 2016
23
Nov'16
Nationwide breaks norm and opens branch because of technology
Nationwide Building Society is bringing a bank branch back to Glastonbury to try out new technology on customers
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November 23, 2016
23
Nov'16
Axa offers on-demand insurance via mobile app
Insurance company launches app that offers quick and easy insurance cover for individual items owned by customers
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November 22, 2016
22
Nov'16
Middle East bank to launch AI for customer support
Middle East bank Emirates NBD is piloting artificial intelligence to automate customer services
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November 17, 2016
17
Nov'16
Dutch bank ING to spend millions ‘disrupting’ its own business
Dutch bank ING used digital technology to reinvent itself following the financial crash, and is about to reinvent itself again, says its global CTO, Brendan Donovan
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November 17, 2016
17
Nov'16
Lending platform pioneer Zopa aims to become a UK bank
Zopa, the company that pioneered the peer-to-peer lending sector with its tech platform, looks to add more disruption to the retail banking market
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November 16, 2016
16
Nov'16
UK almost bottom of OECD pile for ICT investment
The UK ranks low in terms of how much it invests in the ICT infrastructure as a proportion of GDP
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November 07, 2016
07
Nov'16
Oracle consummates acquisition of NetSuite, eyes $1bn cloud revenue
$9.3bn acquisition is in line with Oracle’s avowed move to cloud as a delivery mode for its business applications
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November 01, 2016
01
Nov'16
Insurers face same legacy system battle as retail banks
The biggest barrier to insurance companies adopting digital technology is their heavy reliance on legacy IT systems
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October 26, 2016
26
Oct'16
Botched IT migration cost Vodafone customers thousands
Ofcom imposes multimillion-pound fine on mobile operator after an investigation uncovered multiple failings arising from a problematic IT systems migration
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October 25, 2016
25
Oct'16
Insurers are joining fintech party
Insurers are held back from digital transformation by legacy systems, but insurance-focused IT startups offer them hope
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October 24, 2016
24
Oct'16
UAE telco launches mobile wallet
Etisalat signs deal with technology company to offer its customers a mobile wallet service, as fintech expands in the Middle East
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October 18, 2016
18
Oct'16
Abu Dhabi Securities Exchange uses blockchain for e-voting
Abu Dhabi Securities Exchange offers controlled access to the AGM information of listed companies through a blockchain-based service
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September 28, 2016
28
Sep'16
Mastercard woos software developers with API platform
Credit card company Mastercard is investing heavily in digital payments and wants to engage with developers and startups
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September 26, 2016
26
Sep'16
Emirates Islamic bank and the Muslim finance revolution
The CIO at Dubai-based bank Emirates Islamic tells Computer Weekly how IT is supporting the company through industry change
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September 13, 2016
13
Sep'16
Banks and fintech firms respect each other, says HSBC boss
The relationship between banks and fintech companies has sweetened over the past five years with mutual respect evident, says HSBC boss
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September 13, 2016
13
Sep'16
DNB and Nordea to merge IT operations for Baltic super bank
Two of the Nordic region’s banks will use joint operations, including IT, to help them grow in the Baltic area
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September 08, 2016
08
Sep'16
Bank IT spending to hit $241bn across four major global regions
IT spending across four major economic regions will increase by around 4% in 2016, but Europe is the least certain
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September 07, 2016
07
Sep'16
Barclays uses blockchain for trade finance transactions
Barclays Bank has successfully tested the use of blockchain technology to complete a large trade finance agreement, which promises huge efficiencies
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August 05, 2016
05
Aug'16
RBS abandons IT project for hiving off 300+ bank branches
RBS has abandoned a project to create an IT platform to support the sell-off of more than 300 bank branches
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August 04, 2016
04
Aug'16
Singapore’s DBS Bank signs up to Amazon cloud
The latest move in the cloud journey of DBS bank in Singapore is an agreement with Amazon Web Services
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July 11, 2016
11
Jul'16
Visa’s Dubai innovation centre to focus on digital payments
Visa has opened a technology innovation centre in Dubai to focus on cashless payments
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June 28, 2016
28
Jun'16
Finland’s prisons move to a cashless world
Inmates in Finland’s prisons will no longer need to use cash as a pre-paid card system is rolled out
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June 27, 2016
27
Jun'16
Banking IT community faces uncertain Brexit future
The financial services IT community faces a period of uncertainty as finance firms reassess plans following the EU referendum result
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June 13, 2016
13
Jun'16
Singapore banks adopt voice biometrics for user authentication
Banks in Singapore are rolling out biometric technology to improve customer services by speeding up the authentication process
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June 13, 2016
13
Jun'16
Nordic CIO interview: Johnny Bröms, Swedish fast-food chain Max Burger
The CIO of Swedish fast-food chain tells Computer Weekly how digital technology is increasing sales and supporting expansion
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June 06, 2016
06
Jun'16
‘Considerable risk’ if Post Office replaced Horizon system, says chairman
Post Office chairman Tim Parker says there would be ‘considerable risk’ associated with changing its Horizon computer system
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May 27, 2016
27
May'16
Bristol Water outsources IT as business model transforms
Bristol Water outsources IT to Wipro to support it through a period of transformation to its operating model
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May 19, 2016
19
May'16
ING Turkey uses digital technology to improve services and grow customer base
Turkish bank uses business process management technology to offer financial services through 1,500 grocery stores, technology outlets and post offices
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May 09, 2016
09
May'16
Post Office apologises as system goes down
The Post Office computer system failed on 9 May 2016, leaving sub-postmasters unable to open branches
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May 06, 2016
06
May'16
Swedbank boosts customer service with a virtual assistant
Nuance Nina will offer basic frontline support for online customers
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April 15, 2016
15
Apr'16
Capgemini to build 100-strong team of blockchain specialists
The IT services firm is building a team of 100 blockchain experts as banks start to consider the technology as the future of financial services
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April 12, 2016
12
Apr'16
UK poised to lead global fintech sector, says Tech City chair Eileen Burbidge
Tech City chair and venture capital expert says the UK is in a position to become a world leader in financial services and sheds light on how cloud can provide failing firms with a stay of execution
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March 23, 2016
23
Mar'16
Android Pay UK launch announced by Google
Google is entering the UK mobile phone payments market, with Android Pay expected to be available in months
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March 16, 2016
16
Mar'16
Fintechs want to take one-third of traditional banks’ business
Banks know they could lose large chunks of business to fintech firms, but if the challengers have their way, it will be more than expected
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March 16, 2016
16
Mar'16
Rolls-Royce cloud HR project will pay for itself in two years
HR IT director Mark Judd explains how engineering and aerospace firm swapped ageing ERP and spreadsheets for a company-wide core HR system
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March 16, 2016
16
Mar'16
Atom Bank to offer artificial intelligence-based customer support
Digital bank is integrating AI into its mobile banking app for customers to access support
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March 16, 2016
16
Mar'16
Oracle Q3 2016: cloud revenue grows, US currency strength takes toll
SaaS and PaaS combined contributed $583m in third quarter, up 57% in US dollar terms, while IaaS was down 2% in dollars to $152m
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February 25, 2016
25
Feb'16
Payments regulator wants banks to sell stakes in Vocalink
The UK payments regulator wants banks to loosen their grip on the payments infrastructure by selling off some of their stake in it
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February 15, 2016
15
Feb'16
Sweden’s NFT Ventures looks to Finland for fintech startups
Swedish startup fund that targets financial technology developers has expanded its reach into Finland
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February 10, 2016
10
Feb'16
Insurance giant RSA announces another outsourcing deal
Insurance company RSA has penned its second major outsourcing contract in a week as it extends a BPO contract with Accenture
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February 08, 2016
08
Feb'16
Post Office faces group litigation over Horizon IT as subpostmasters fund class action
Subpostmasters who claim to have been wrongly convicted of fraud take the Post Office to court after getting the funds for a group action