News

Financial applications

• March 27, 2026 27 Mar'26

  Second Post Office Capture conviction referred to appeal court

  Conviction of 30 years has been referred to the Court of Appeal by the Criminal Cases Review Commission

• March 26, 2026 26 Mar'26

  Post Office still can’t find evidence for 1,400 scandal redress claimants, while people die waiting

  Finding evidence for events that took place decades ago is a challenge for many subpostmasters seeking compensation through the Horizon Shortfall Scheme

• March 24, 2026 24 Mar'26

  Cyber pros must grasp the vibe coding nettle, says NCSC chief

  At RSA in San Francisco, NCSC chief exec Richard Horne says security professionals have an opportunity and a responsibility to get in front of the security issues raised by the popularity of ‘vibe coding’

• March 23, 2026 23 Mar'26

  DWP finally seeks reviewer of its subpostmaster prosecutions

  Months after announcing review, the government has advertised for a reviewer to look over more than 100 prosecutions of subpostmasters by the Department of Work and Pensions

• March 19, 2026 19 Mar'26

  HSS ProService ‘Uber-ifies’ with functional programming and agentic AI

  HSS’s pivot from 130-depot hire business to a digital-only marketplace to handle messy transactions and old-school processes in the construction sector

• March 19, 2026 19 Mar'26

  Government announces redress scheme for families of Post Office scandal victims

  Government offers two routes to financial redress for the families of victims of the Post Office scandal

• March 17, 2026 17 Mar'26

  MPs ask Lloyds Bank for more information about ‘alarming’ breach

  Treasury Committee chair requests more information about the IT problem experienced by Lloyds Bank

• March 17, 2026 17 Mar'26

  Contactless payment limit removal will happen overnight, but change won’t

  Banks will be able to set their own contactless card payment limits from 19 March, following rule change by Financial Conduct Authority

• March 12, 2026 12 Mar'26

  MP report calls for legislation to overturn Post Office Capture convictions

  Report from MPs warns of unknown number of unsafe subpostmasters convictions based on multiple pre-Horizon systems

• March 12, 2026 12 Mar'26

  Zoom expands enterprise agentic AI platform

  AI-first work platform provider introduces new workflow capabilities across Workplace, phone and customer experience products, expanding its enterprise agentic AI platform

• March 12, 2026 12 Mar'26

  Lloyds banking app ‘glitch’ shows transactions of strangers

  Customers of Halifax, Bank of Scotland and Lloyds Bank experienced a glitch this morning, where details of other customers’ transactions were displayed in their online banking apps

• March 10, 2026 10 Mar'26

  Open banking presents £43bn opportunity for UK economy if warnings are heeded

  Open banking has already delivered billions of pounds to the UK economy and has huge future potential, but industry leaders warn against complacency

• March 09, 2026 09 Mar'26

  IBM takes a second shot at Post Office contract to replace Horizon

  The US tech giant is bidding for a £323m contract to replace the Post Office’s flawed Horizon IT system, a decade after its previous attempt was abandoned due to complexities

• March 05, 2026 05 Mar'26

  Scandal victim gets leave to appeal decision to split case against Post Office and Fujitsu

  Prominent scandal victim given leave to appeal High Court decision in his legal action against the Post Office and Fujitsu

• March 03, 2026 03 Mar'26

  NS&I seeks Bank of England counsel over project disaster

  The Bank of England’s successful IT transformation, praised by the National Audit Office, is being used as a model for government departments, including NS&I, which faces a failing IT project

• February 27, 2026 27 Feb'26

  UK has laid track for open banking, but failed to run trains

  The UK risks losing its fintech leadership, with open banking progress slow, as countries such as the UAE and India advance rapidly

• February 24, 2026 24 Feb'26

  Starling expands internationally as demand for banking as a service continues to rise

  UK challenger bank has expanded its banking-as-a-service business with entry into New Zealand

• February 24, 2026 24 Feb'26

  Email from 1999 reveals Post Office ECCO+ system crash problems

  ECCO+ system experienced freezes during transactions, which could have left Post Office branch account discrepancies

• February 19, 2026 19 Feb'26

  Bank of Ireland UK fined for late security system implementation

  The payments regulator has fined the bank nearly £4m after it missed a deadline to implement a system to check payees

• February 18, 2026 18 Feb'26

  Eradicating Fujitsu and Horizon from the Post Office, step by step

  Post Office IT chief tells Computer Weekly about the challenges and progress in removing the controversial Horizon system from Post Office branches

• February 17, 2026 17 Feb'26

  Businesses may be caught by government proposals to restrict VPN use

  Labour proposals to restrict social media use to people aged 16 and under could have unintended consequences for businesses using virtual private networks

• February 17, 2026 17 Feb'26

  Banks to discuss UK alternative to Visa and Mastercard

  Banks prepare to discuss a new payments infrastructure that would remove heavy reliance on US firms

• February 16, 2026 16 Feb'26

  Pascal Brier, Capgemini: AI will prove its enterprise truth this year

  Capgemini’s chief innovation officer says the 2025 rise and deployment of artificial intelligence agents put enterprise AI progress on hold, but laid the ground for acceleration to come

• February 12, 2026 12 Feb'26

  Government bank digital project a ‘full-spectrum disaster’ exposing taxpayers to risk

  National Savings and Investments is unable to tell Public Accounts Committee the cost of its modernisation programme

• February 12, 2026 12 Feb'26

  College of Policing accounts ‘disclaimed’ by auditor for second year in wake of IT failure

  Government auditors have refused to endorse the financial accounts of the professional body for policing in England and Wales for a second year, following IT project blunders

• February 11, 2026 11 Feb'26

  Peer ‘disappointed’ that DWP review of subpostmaster prosecutions is still months away

  Government indicates that there are 108 DWP prosecutions of subpostmasters that will be reviewed so far, but little progress has been made

• February 11, 2026 11 Feb'26

  Fujitsu will be out by next summer, says Post Office CTO

  Post Office’s project to replace its controversial core system will contract suppliers by the summer of this year, with the aim to remove Fujitsu by summer 2027, according to its chief technology officer

• February 10, 2026 10 Feb'26

  Apple and Google pledge to improve app fairness

  The CMA is seeking views on Apple and Google’s commitments to ensure fair app store practices to stoke the UK’s app economy, fintech and improve developer confidence

• February 06, 2026 06 Feb'26

  Australia’s CommBank partners business school to research artificial intelligence

  CommBank wants to better understand how its customers perceive, use and trust artificial intelligence, as the technology is set to reach every corner of the finance sector

• February 06, 2026 06 Feb'26

  Minister responds to criticism of Post Office Capture redress scheme

  Redress claim on ‘pause’ as UK government agrees to look at complaints about scheme for those who suffered hardship from using the Post Office Capture system

• February 06, 2026 06 Feb'26

  ANZ rolls out AI agents for business bankers

  Australian lender claims to be the first in Asia-Pacific to deploy Salesforce Agentforce at scale, following a national roll-out of a CRM platform that consolidates data from different systems to ease administrative toil

• February 04, 2026 04 Feb'26

  Banks reduce reliance on OpenAI as strategies mature

  Banks are increasingly using alternative AI providers as Anthropic and Google eat into OpenAI’s dominance

• February 02, 2026 02 Feb'26

  HMRC chooses cloud SAP S/4Hana for tax system overhaul

  HM Revenue & Customs is bidding to modernise its tax systems by migrating from ECC6 to SAP’s cloud-based Rise with SAP programme, adopting S/4Hana and AI to enhance efficiency and taxpayer experience

• January 30, 2026 30 Jan'26

  History repeats itself in Post Office Capture redress scheme with low-ball offers made

  Early signs show that former Post Office Capture users face derisory initial compensation offers and face impossible appeals process

• January 30, 2026 30 Jan'26

  Sir Alan Bates slams ‘nonsense’ reported about his financial redress settlement

  Campaigning subpostmaster speaks out about the highly inaccurate claims about the compensation he received

• January 28, 2026 28 Jan'26

  Nationwide expands Amazon Web Services partnership to delve deeper into AI

  Nationwide will have access to artificial intelligence-powered tools to help staff in their everyday interactions with its members

• January 27, 2026 27 Jan'26

  Peer demands independent investigation into DWP’s prosecution of subpostmasters

  The DWP’s promised review of subpostmaster prosecutions doesn’t satisfy the demands of politicians and campaigners

• January 22, 2026 22 Jan'26

  Macquarie Bank rolls out AI agent to personalise customer support

  Australian bank launches a 24/7 intelligent assistant capable of asynchronous human hand-off, joining the country’s major financial institutions in the race to deploy AI-powered services

• January 22, 2026 22 Jan'26

  DWP review of Post Office worker prosecutions yet to start, months after announcement

  The DWP said in August that it would carry out an independent review of prosecutions of subpostmasters, but it has yet to appoint a reviewer

• January 21, 2026 21 Jan'26

  UK government appoints banking tech bosses as AI champions

  Appointment of artificial intelligence champions from banking sector comes as MPs make stern warning about AI risks in financial services

• January 20, 2026 20 Jan'26

  NatWest Boxed tech team drives business on embedded finance wave

  NatWest Boxed tech team doubles up as the force behind NatWest’s challenger bank, as well as its white-label banking service

• January 19, 2026 19 Jan'26

  UK financial regulators exposing public to ‘potential serious harm’ due to AI positions

  MPs warn that action is needed to ensure artificial intelligence is adopted safely in the finance sector as companies capitalise on its opportunities

• January 13, 2026 13 Jan'26

  Post Office scandal’s oldest victim calls for total ban on Fujitsu

  Betty Brown wants the IT supplier at the centre of the Post Office scandal banned from all government contracts

• January 13, 2026 13 Jan'26

  UK open banking is eight years old and ready to grow into the wider economy

  The next phase of open banking will have a greater impact as it morphs into cross-sector open finance

• January 12, 2026 12 Jan'26

  UK regains second spot in global fintech investment ranking

  Global fintech investment was up 21% and the UK retook second spot in the market ranking for the full year 2025

• January 09, 2026 09 Jan'26

  Salesforce advocates AI fluency framework alongside customers

  Salesforce has launched an ‘AI fluency playbook’ based on its own workforce’s experience, aimed at guiding customers on AI adoption, stressing what it sees as human-AI synergies

• January 07, 2026 07 Jan'26

  CCRC says multiple Post Office software systems potentially implicated in miscarriages of justice

  Statutory body said its work has widened to multiple IT systems, and could even look at potential Post Office miscarriages of justice with no link to IT

• January 06, 2026 06 Jan'26

  Fujitsu Post Office IT support team were ‘legalised hackers’

  Backdoors meant it was possible for Fujitsu staff to steal money from Post Office branches, says former Fujitsu tech worker

• January 06, 2026 06 Jan'26

  Fujitsu boss has been a Post Office scandal bystander for over a decade

  IT supplier’s European boss was kept up to date with challenges to the Horizon system, but like others, remained silent

• January 05, 2026 05 Jan'26

  How Bahrain is building a region-leading digital economy

  From hyperscale cloud and fintech regulation to AI skills and smart manufacturing, Bahrain is positioning technology at the heart of its economic diversification strategy, says Bahrain EDB’s Musab Abdullah