News

Financial applications

May 18, 2026 18 May'26
Post Office objection to Capture appeals is ‘inexplicable and unconscionable’

In an ongoing exchange of letters, compensation advisory board attacks controversial decision to contest appeals against pre-Horizon convictions
May 18, 2026 18 May'26
Buyers call for electronic invoicing

An emerging European standard for e-invoicing could streamline the order-to-cash process in UK businesses
May 18, 2026 18 May'26
UK employees using AI regularly lose more than seven hours a week

A Workday survey of 2,400 UK professionals reveals they are stuck in a ‘copy-paste economy’ working across disconnected AI systems
May 15, 2026 15 May'26
Post Office chair defends ‘inappropriate and harmful’ position on Capture appeals

Post Office chairman defends its position on contesting subpostmaster appeals against Capture-based convictions

May 14, 2026 14 May'26
Post Office to contest Capture conviction appeal despite chairman support for overturning en masse

Post Office to contest Capture conviction appeal despite its chairman agreeing all should be overturned
May 14, 2026 14 May'26
Accenture joins IBM in battle for £323m Post Office Horizon deal

Services giant is bidding to take over existing Post Office Horizon operations alongside fellow IT giant IBM
May 13, 2026 13 May'26
Zopa AI skills foundation launches after 22 partners sign up

In the next four years, the Jobs2030 coalition aims to train 100,000 UK financial services professionals to use artificial intelligence in their work
May 13, 2026 13 May'26
Sapphire 2026: SAP heralds dawn of ‘autonomous enterprise’

SAP CEO Christian Klein and his top team trumpeted the advent of the ‘autonomous enterprise‘ during the opening keynote at the supplier’s global Sapphire event in Orlando
May 05, 2026 05 May'26
Post Office acknowledges ECCO+ user’s calls for help three decades ago

A former subpostmaster repeatedly asked the Post Office for help when unexplained shortfalls occurred in her branch while using ECCO+ software, with evidence of her requests still in the organisation’s possession
May 05, 2026 05 May'26
EU finance firms urged to get on with anti-money laundering compliance

Two-thirds of finance firms in the European Union are at risk of missing next year’s deadline to comply with anti-money laundering regulations

May 04, 2026 04 May'26
UK’s NCSC warns of ‘wave of patches’

Vulnerability discovery and mitigation continues to exercise the top minds at Britain’s NCSC as cyber experts continue to debate the impact of frontier AI models such as Mythos
April 29, 2026 29 Apr'26
Vernon Building Society uses AI to amplify human touch

Century-old mutual society is using artificial intelligence to bring mortgage processing onto a single platform
April 28, 2026 28 Apr'26
Court of Appeal rejects Post Office Capture case delay request

Three convictions based on the Capture system have reached the Court of Appeal, which has rejected the Post Office’s request to delay its response, advancing long-awaited justice for affected subpostmasters
April 28, 2026 28 Apr'26
Oracle is turning corporate software over to AI agents

As Oracle rolls out a slew of agentic AI tools and applications, a senior company executive explains how enterprise workflows are changing and why software pricing models may be due for a shake-up
April 21, 2026 21 Apr'26
‘Platitudes’ hide struggle as Post Office scandal redress scheme closing date announced

Scheme for group that took the Post Office to court and exposed the widest miscarriage of justice in history to be completed by the year’s end
April 17, 2026 17 Apr'26
Surging CVE disclosures force NIST to shake up workflows

NIST announces big changes to the way it categorises and manages CVEs, which are set to have a big impact on how organisations manage patching and remediation
April 16, 2026 16 Apr'26
Finance regulators to address AI risks after MPs say they are ‘not doing enough’

After a Treasury committee stated that public and finance systems are ‘exposed to potential serious harm’ from AI because regulators are ‘not doing enough’ to manage risks, finance regulators say they will take action to address concerns
April 15, 2026 15 Apr'26
TDX 2026: Salesforce depicts SaaS as an agentic evolution

Salesforce paints a picture of software as a service evolving in an agentic direction, at its developer conference in San Francisco, with AgentExchange as an ecosystem lubricant
April 14, 2026 14 Apr'26
Finance regulator outlines its open finance vision

Financial Conduct Authority wants small businesses and consumers to be able to use their data to get better finance deals
April 08, 2026 08 Apr'26
Keir Starmer was warned about Post Office prosecution practices as director of public prosecutions

A Horizon scandal victim wrote to Keir Starmer in 2011, when he was director of public prosecutions for the CPS, alerting him to the Post Office’s controversial prosecution practices
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