News

Financial applications

• August 13, 2025 13 Aug'25

  SAP touts Business Suite as key to enterprise AI

  The German software giant pitched its Business Suite set of integrated applications for the AI era, along with the SAP Joule copilot as the future orchestrator of business workflows, at its customer conference in Melbourne

• August 13, 2025 13 Aug'25

  Fujitsu orders staff to retain Post Office-related documentation as it braces for legal action

  Japanese supplier tells all UK staff to preserve documents related to its work with the Post Office

• August 12, 2025 12 Aug'25

  Workday research: 75% of employees will work with artificial intelligence, but not for it

  Workday research finds 75% of workers like AI as a teammate, but only 30% want it to be the boss. Trust in the technology may grow with use, but human focus, clear roles and governance are key

• August 12, 2025 12 Aug'25

  UK state-owned bank goes cloud-native

  State-owned National Savings and Investments bank used contract renewal as an opportunity to keep pace with changes in the market

• August 12, 2025 12 Aug'25

  Salesforce research: CFOs zealous for agentic AI

  A Salesforce study says chief financial officers have shifted from agentic artificial intelligence caution to putting the technology front and centre of their business strategies

• August 04, 2025 04 Aug'25

  Integrated platforms offer lifeline to Singapore’s F&B sector

  A partnership between payments firm Adyen and restaurant operating system provider Atlas is helping merchants to streamline operations, slashing errors by up to 80% and boosting sales as the sector faces record closures

• July 25, 2025 25 Jul'25

  Post Office will not compensate subpostmasters for IT outage

  Subpostmasters were unable to trade for nearly two hours last week when a problem at a Fujitsu datacentre put the Horizon system offline, but they will receive no payment for lost business

• July 24, 2025 24 Jul'25

  UK loses second spot in global fintech to UAE

  The UK has been pushed into third spot on global fintech market size data for the first half of this year

• July 23, 2025 23 Jul'25

  Subpostmasters shoulder costs of Fujitsu’s Post Office IT outage

  Fujitsu datacentre outage hit subpostmaster sales for two hours, leaving subpostmasters to seek compensation

• July 18, 2025 18 Jul'25

  Peer warns IT suppliers against partnering with Fujitsu in government contracts

  According to publicly available figures, Fujitsu has won over half a billion pounds in government business as prime contractor since January 2024, but there is more than what has been reported

• July 18, 2025 18 Jul'25

  First Post Office Capture conviction referred to Court of Appeal

  A former Capture software user’s 1998 theft conviction is the first to be referred to the Court of Appeal

• July 17, 2025 17 Jul'25

  Estimated 96% of EMEA financial services sector not ready for DORA

  Research from data backup provider Veeam indicates that vast majority of European financial services firms do not feel ready to meet the resiliency requirements of the EU’s DORA act

• July 17, 2025 17 Jul'25

  Fujitsu outage crashes Post Office Horizon system

  Japanese IT giant’s time serving the Post Office is due to end next year, but problems persist

• July 17, 2025 17 Jul'25

  Travelex replacing its software spine as part of cloud migration

  The foreign currency supplier is replacing its legacy supply chain backbone to enable its migration to the cloud

• July 09, 2025 09 Jul'25

  Accounting watchdog ‘disclaims’ College of Policing financial accounts after serious IT failures

  The professional body for policing in England and Wales failed to properly manage its transition to new accounting and payroll systems

• July 08, 2025 08 Jul'25

  Post Office inquiry chair 'cannot rule out' scandal caused 13 suicides

  Post Office scandal public inquiry publishes its first report after three years of gathering and analysing evidence, examining the human impact on victims and the compensation process

• July 07, 2025 07 Jul'25

  Zopa to embed into Manchester’s tech ecosystem

  Challenger bank Zopa plans to eventually have 500 staff in its Manchester office, which will launch next month

• July 02, 2025 02 Jul'25

  TSB faces another risky IT migration as Santander eyes UK bank

  TSB’s customers were moved to the in-house-developed platform of its parent, Sabadell, in a disastrous migration in 2018

• July 01, 2025 01 Jul'25

  ING Bank transforming operations through agentic AI

  Netherlands-headquartered international bank is using artificial intelligence throughout its operations

• July 01, 2025 01 Jul'25

  Firms must adopt skills-based strategy for human-AI workforce

  To unlock the value of AI agents, organisations must shift to a skills-based strategy and manage their new digital employees with the same rigour as their human workforce, according to a senior Workday executive

• June 26, 2025 26 Jun'25

  Next phase of fintech reflected in strong financials, says World Economic Forum

  Digital-powered finance firms might not be growing their customer base as fast as the immediate post-pandemic period, but revenue and profits are strong

• June 24, 2025 24 Jun'25

  Zopa Bank launches current account earlier than expected

  Zopa launches its UK current account, five years after reinventing itself as a challenger bank

• June 20, 2025 20 Jun'25

  Report on integrity of current Post Office Horizon system due in autumn

  Investigation into the integrity and discrepancy identification capabilities of Post Office core system being carried out by independent specialists

• June 12, 2025 12 Jun'25

  Agentforce London: 78% of UK companies use agentic AI, says Salesforce

  Salesforce released Digital Labour Trends survey data to coincide with its Agentforce London 2025 event that found 78% of UK organisations are using agentic AI

• June 11, 2025 11 Jun'25

  West Brom Building Society project to meet customers’ digital demands

  Calls from customers for a choice of digital channels drove West Brom Building Society’s digital transformation project

• June 10, 2025 10 Jun'25

  HMRC paid Fujitsu £310m last year, but Post Office supplier’s UK business faces gradual decline

  While victims are made to fight for every penny they are owed, the IT supplier at the centre of the Post Office scandal is handed hundreds of millions of pounds by UK government

• June 09, 2025 09 Jun'25

  Compensation to Post Office scandal victims reaches £1bn milestone

  The government has now paid out more than £1bn to victims of the Post Office Horizon scandal

• June 03, 2025 03 Jun'25

  Fintech growth three times that of finance sector as a whole

  Global fintech revenues reached £280bn in 2024, according to Boston Consulting Group report

• May 29, 2025 29 May'25

  Sapphire 2025: BASF evolves business with move to SAP S/4Hana

  Germany-based global chemical giant BASF has elected to move its SAP IT estate to S/4Hana private cloud to evolve its business in uncertain times

• May 29, 2025 29 May'25

  Post Office slammed after deleting social media comments on IT scandal

  Post Office accused of suppressing the views of victims of the Horizon scandal by deleting comments on social media platforms

• May 27, 2025 27 May'25

  Maturing UK fintechs increase tech and cyber security hiring

  Increased hiring reflects that fintechs are maturing and now require more cyber security and compliance experts

• May 26, 2025 26 May'25

  Gprnt platform to ease sustainability reporting

  Singapore businesses can now automatically generate basic sustainability reports free of charge using Gprnt, a platform aimed at simplifying reporting and unlocking green financing

• May 21, 2025 21 May'25

  Sapphire 2025: SAP mints business AI flywheel with Palantir on board

  SAP CEO Christian Klein put economic and geopolitical uncertainty at the centre of the opening keynote at the supplier’s global Sapphire event in Orlando

• May 20, 2025 20 May'25

  Botched Post Office IT projects continue to drain public purse

  Millions more pounds of public money spent by the Post Office as a result of an IT error that exposed the personal details of Horizon victims

• May 19, 2025 19 May'25

  Post Office performs costly 30-year U-turn on Horizon

  Post Office Horizon replacement magnifies missed opportunity as move from the controversial Horizon system to an off-the-shelf alternative is going back to a plan it rejected in the 1990s

• May 15, 2025 15 May'25

  Smart ball analytics proves value in rugby

  Welsh professional rugby player Dan Biggar gives his thoughts on the role of data analytics in his sport, at an event where the Sportable smart ball was demonstrated

• May 15, 2025 15 May'25

  Post Office scandal inquiry to publish first findings this summer

  Inquiry announces that findings on compensation and human impact will be presented in the next few months

• May 14, 2025 14 May'25

  BBVA creates ChatGPT Store and expands use of the GenAI tool

  Data reveals that bank employees are saving an average of almost three hours every week by using ChatGPT

• May 13, 2025 13 May'25

  Controversial Post Office Horizon system could stay until 2033

  Post Office seeks off-the-shelf Horizon replacement as part of £492m tender that includes ongoing support for Horizon up to 2033

• May 13, 2025 13 May'25

  Evidence reveals Post Office scandal victims short-changed in compensation payouts

  Subpostmasters who appealed compensation payments have significantly increased ‘worryingly undervalued’ settlements

• May 12, 2025 12 May'25

  Italian bank signs 10-year deal with Google Cloud

  UniCredit will transform operations through cloud, AI and data analytics technologies from Google Cloud

• May 09, 2025 09 May'25

  Interview: Amanda Stent, head of AI strategy and research, Bloomberg

  Hallucinating AI, which lies through its teeth, keeps Amanda Stent busy at data analytics and intelligence giant Bloomberg

• May 08, 2025 08 May'25

  Oracle NetSuite’s Goldberg: Autonomous AI next applications phase

  Speaking with Computer Weekly at SuiteConnect 2025 in London, Evan Goldberg, executive vice-president of Oracle NetSuite, discussed how artificial intelligence in ERP is evolving

• May 07, 2025 07 May'25

  ServiceNow K25: McDermott vaunts agentic AI platform as revolutionary

  At its Knowledge 25 customer and partner conference in Las Vegas, ServiceNow painted an orchestrated agentic AI future for its Now platform and targeted CRM as prime field for growth

• May 06, 2025 06 May'25

  Fintech summit reveals what’s next for sector

  The UK’s fintech sector attracted $3.6bn investment last year, which was only bettered by the US, but how will UK fintech continue to grow?

• May 01, 2025 01 May'25

  Progress made on government’s Post Office Capture redress, but concerns remain

  Latest meeting between campaigners and business department seen as positive, but frustration and concerns remain

• April 30, 2025 30 Apr'25

  Artificial intelligence roles the ‘only safe jobs in banking’

  World’s biggest banks have increased the number of employees working with artificial intelligence by 13% in the past six months

• April 24, 2025 24 Apr'25

  Interview: Daniele Tonella, CTO, ING

  The bank’s global CTO has been in the role for less than a year and in that time has been working his way through four layers of tech

• April 21, 2025 21 Apr'25

  CW Innovation Awards: Taking the big bang approach to reporting

  A company-wide SAP revamp has transformed Bosch Global Software Technologies’ financial and HR processes, delivering granular insights and streamlined operations

• April 15, 2025 15 Apr'25

  UK challenger bank targets US’s mid-tier banking sector with tech platform

  Starling Bank expands its banking as a service platform sales operation into the North American market