News

Financial applications

• 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

• April 10, 2025 10 Apr'25

  NetSuite bets big on built-in AI

  At its customer event in Sydney, Oracle NetSuite unveiled a suite of AI-powered features integrated directly into its platform at no extra cost in a bid to make AI more accessible to customers

• April 01, 2025 01 Apr'25

  Post Office Capture and Ecco+ users asked to make contact with Scottish statutory body

  Scottish statutory body attempting to contact people that might have been wrongly convicted of crimes based on the Post Office’s flawed systems

• March 26, 2025 26 Mar'25

  Oracle bets big on AI, drives Australian business transformation

  At the Oracle CloudWorld Tour in Sydney, Oracle executives talked up the company’s strategy to integrate AI across its entire technology stack, empowering Australian businesses to move beyond experimentation and into practical AI-driven solutions

• March 25, 2025 25 Mar'25

  Kroll reviewing Post Office Horizon’s current integrity and discrepancy identification

  The Post Office appoints third party to review Horizon following concerns about current version of the system

• March 25, 2025 25 Mar'25

  MPs demand government reconsider response to Post Office compensation report

  Select committee calls on government to ‘reflect and revise’ response to Post Office scandal compensation scheme

• March 24, 2025 24 Mar'25

  ‘Bankenstein’ and a cold calculation means banking crashes will continue

  Following a three-day crash at Barclays, UK banks were forced to explain to MPs when, how and why digital services became unavailable over past two years

• March 24, 2025 24 Mar'25

  Oracle plants agentic AI flag in business process automation

  Oracle promotes its Agentic AI Studio, unveiled at OracleCloud World Tour London, as an avowed business process automation accelerant

• March 20, 2025 20 Mar'25

  Government considering redress scheme for families of Post Office scandal victims

  Campaign group brings together the children of subpostmasters to meet Post Office minister to discuss redress for their suffering

• March 19, 2025 19 Mar'25

  Former subpostmaster to sue Post Office and Fujitsu for judgment ‘obtained by fraud’

  Lee Castleton, one of a group of seven former subpostmasters who began the fight against the Post Office in 2009, triggers ‘seismic’ shift in Post Office scandal

• March 06, 2025 06 Mar'25

  Why did IT suppliers allow Birmingham City Council to go live with Oracle?

  Councillors at the local authority’s budget setting and audit committee meetings raised questions as Birmingham faces budget deficits

• March 06, 2025 06 Mar'25

  Big bank systems crashed for over 800 hours in last two years due to IT outages

  Bank bosses forced to reveal extent of banking IT failures to MPs on the Treasury Select Committee

• March 04, 2025 04 Mar'25

  Metropolitan Police concern puts brakes on Post Office Horizon data migration

  The Post Office has paused its project to migrate all Horizon data from Fujitsu systems to its own while in discussions with Metropolitan Police

• February 28, 2025 28 Feb'25

  Post Office makes first official apology to Capture users

  The Post Office has written to former Capture user Ken Tooby to apologise for its failings which devastated his family’s lives

• February 27, 2025 27 Feb'25

  'Positive steps' in redress for Post Office Capture victims

  Lawyers say progress has been made in efforts to provide financial redress and justice for former users of the Post Office's flawed Capture system