News
Financial applications
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October 23, 2014
23
Oct'14
Three in four banks struggle with stress testing
Banks are struggling to deal with the data management of the regimes of stress testing imposed since the 2008 financial crisis
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October 22, 2014
22
Oct'14
CIO interview: Ernest Gmünder, Touring Club Suisse
Ernest Gmünder is turning his expertise as a CIO into a consultancy business, offering advice to businesses that want to get more from their IT
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October 21, 2014
21
Oct'14
Bank of England suffers system outage
Bank of England temporarily suspends Clearing House Automated Payments System after glitch
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October 20, 2014
20
Oct'14
SAP grows cloud revenue by 45%
SAP’s revenue from cloud services has grown 45% year-on-year
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October 15, 2014
15
Oct'14
IT jobs hit hardest in trading exchange cuts, but is not a trend
The Chicago Mercantile Exchange (CME) is cutting 5% of its workforce, with IT staff forming a large portion of the cuts
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October 14, 2014
14
Oct'14
SAP and IBM collaborate to deliver Hana on IBM cloud
SAP has extended its long-standing partnership with IBM by running SAP Hana Enterprise Cloud on IBM's cloud platform
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October 13, 2014
13
Oct'14
Payment card transactions hit one billion in a month as contactless rises
Payment transactions made through cards reached over one billion in August of this year, according to the UK Cards Association
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October 10, 2014
10
Oct'14
Nationwide announces rewards app
Nationwide has announced it will launch its own application to provide customers with instant rewards and vouchers
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October 09, 2014
09
Oct'14
Application integration demands a light touch in the cloud
The appeal of cloud applications is irrepressible but in-house applications will not go away. How to integrate them in the cloud?
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October 08, 2014
08
Oct'14
Reed.co.uk and Bitcoin – using agile to drive innovation
CIO for Reed.co.uk Mark Ridley explains how agile development has helped the firm quickly adopt Bitcoin
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October 08, 2014
08
Oct'14
Retailers buy into Zapp mobile wallet
Large retailers such as Sainsbury’s and House of Fraser will allow customers to pay using the Zapp mobile wallet service.
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October 03, 2014
03
Oct'14
MasterCard launches cyber hacking protection software
MasterCard has launched software to protect banking systems and processors from cyber hacking attacks
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October 02, 2014
02
Oct'14
O2, EE and Vodafone trial Boku mobile retail billing service
UK mobile carriers sign up to carrier billing service to enable consumers to make physical purchases with a mobile phone
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October 01, 2014
01
Oct'14
Alternative payments threaten payments industry
Back-end processing and data management will suffer if firms fail to keep up with fast-growing alternative payments
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September 30, 2014
30
Sep'14
Ebay to spin off PayPal
Ebay and PayPal will become two separately listed companies in 2015
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September 30, 2014
30
Sep'14
Oracle OpenWorld 2014: Xerox aligns business and IT in streamlining applications
Xerox's IT division has been working with the business to standardise its HR management on a global basis
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September 24, 2014
24
Sep'14
Lloyds creates online appointment booking in attempt to save branches
Lloyds Bank has introduced a system which allows customers to book in-branch appointments online
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September 22, 2014
22
Sep'14
KPMG and Oracle target FTSE 350
KPMG is targeting the 350 biggest businesses by providing services through software giant Oracle’s cloud offering
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September 18, 2014
18
Sep'14
Customer loyalty biggest challenge for banks
Banks have cited customer loyalty as their main concern, according to a survey by financial services firm Temenos
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September 17, 2014
17
Sep'14
KPMG: IoT, 3D printing and healthcare IT to have most impact
Internet of things (IoT), 3D printing and biotech or healthcare IT are among the IT trends that will change the way people work and live
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September 17, 2014
17
Sep'14
Barclaycard’s bPay band aims to avoid TfL ‘cardclash’
Barclaycard has partnered with TfL to allow consumers to use its bPay contactless payment band on the tube
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September 17, 2014
17
Sep'14
ING Netherlands launches voice-recognition banking app
Dutch banking group ING Netherlands has launched a banking application which uses voice recognition for navigation
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September 17, 2014
17
Sep'14
Alternative payments – are we moving too fast?
The payments sector is moving so rapidly finance firms are no longer afraid to fail – as long as they fail fast and recover quickly
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September 16, 2014
16
Sep'14
Infor launches Dynamic Science Labs
Infor launches Dynamic Science Labs organisation at its customer event in New Orleans
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September 16, 2014
16
Sep'14
TfL contactless payments go live
TfL’s contactless card payment scheme goes live today, enabling customers to pay for London transport on contactless bank cards
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September 12, 2014
12
Sep'14
MasterCard issues contactless payment deadline
MasterCard has given European retailers a deadline of 2020 for ensuring all POS systems are contactless payment enabled
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September 12, 2014
12
Sep'14
Claims against Post Office IT system approach completion
Investigation into sub-postmaster claims against the Post Office over problems with its Horizon accounting system coming to an end
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September 11, 2014
11
Sep'14
Banks must differentiate to give account switching service value
Payments Council lauds system to make current account switching easier, but figures reveal banks need to do more to differentiate
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September 10, 2014
10
Sep'14
Fresh questions raised over Post Office IT system's role in fraud cases
A leaked report has revealed more details about the role of the Horizon accounting system in sub-postmaster fraud cases
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September 05, 2014
05
Sep'14
Barclays bank launches biometric authentication
Barclays bank plans to launch biometric readers that read users' finger veins to authenticate customers
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August 22, 2014
22
Aug'14
London private equity firm shifts IT to the cloud to cut office move downtime
London-based private equity fund manager SOF Investments overcame the IT nightmares of an office move by migrating IT to the cloud
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August 21, 2014
21
Aug'14
Load balancing supports Kent County Council's VDI project
Kent County Council picks Kemp Technologies load balancers to support a deployment of VMware Horizon View and Workspace across its estate
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August 19, 2014
19
Aug'14
FT turns to cloud to manage advertising bookings
Business newspaper replaces 20-year-old ad-booking system with a cloud-based service
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August 06, 2014
06
Aug'14
New College Durham improves internal processes using Advanced workflow app
New College Durham has improved its finance system and internal business processes using Advanced Business Solutions' workflow system
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August 06, 2014
06
Aug'14
George Osborne launches fintech innovation programme
Chancellor George Osborne launches a programme designed to put the UK at the forefront of financial technology (fintech) innovation
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August 06, 2014
06
Aug'14
Reducing costs no longer top IT priority at UK banks
UK banks no longer consider reducing costs as their top priority as they focus IT developments on raising customer service levels
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August 04, 2014
04
Aug'14
Contactless payments continue to rise
Contactless transactions have increased by 189% since May 2013, according to Visa Europe.
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August 01, 2014
01
Aug'14
Sepa grace period comes to end
Deadline for Eurozone to be able to make and take payments using Sepa formats has been reached
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July 25, 2014
25
Jul'14
Another CIO leaves Royal Bank of Scotland
Scott Marcar, CIO of Royal Bank of Scotland’s Markets division, quit this week, according to sources
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July 22, 2014
22
Jul'14
Ten startups selected for London FinTech accelerator
Startupbootcamp, a provider of three-month accelerator programs, announces its top 10 startups for its London based financial sector technology (fintech) accelerator
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July 17, 2014
17
Jul'14
Microsoft makes severe job cuts - 18,000 to go
Microsoft is cutting 18,000 jobs next year with Nokia bearing the brunt of the company’s strategy
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July 17, 2014
17
Jul'14
SAP Q2 2014: steady growth for cloud and Hana
SAP’s second quarter 2014 results indicate steady growth for its cloud business and Hana
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July 16, 2014
16
Jul'14
Vocalink system drives rise in current account switching
The seven-day current account switching regime introduced last year has driven a 16% rise in the number of people doing so in the first half of this year
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July 09, 2014
09
Jul'14
London Stock Exchange harnesses Wipro global delivery for reconciliation platform
The London Stock Exchange has teamed up with Indian IT services company Wipro to make its UnaVista reconciliation platform available globally in a pay-as-you-go model
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July 04, 2014
04
Jul'14
What IT challenges would an independent Scotland face?
If Scotland votes ‘Yes’ for independence in September, what are the costs and challenges of building new government IT systems?
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June 25, 2014
25
Jun'14
Can HP target supercomputer market with Apollo servers and HPC-as-a-service?
As HPC moves beyond labs into mainstream enterprise IT, HP has beefed up its HPC portfolio and is targeting supercomputer builders
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June 18, 2014
18
Jun'14
Don’t let bean counters determine your cloud strategy, says Bank of England CIO
John Finch, the CIO of the Bank of England, warns users to be wary of financial promises made by cloud providers
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June 16, 2014
16
Jun'14
Travel group Expedia aims to predict your holiday plans
Travel group Expedia is developing technology that will predict the needs of its customers before they call about their travel plans
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June 11, 2014
11
Jun'14
Tesco Bank launches current account on off-the-shelf platform
Tesco has launched a current account four years after implementing its core banking platform
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June 04, 2014
04
Jun'14
Banks set to launch customer app stores, says Gartner
By 2016, 25% of the world’s largest banks will have launched an app store for customers to find digital services, says Gartner
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June 03, 2014
03
Jun'14
High availability strategy key to saving costs, says Sungard AS
The cost of IT downtime is extremely high for businesses – but must all systems and applications be highly available all the time?
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June 02, 2014
02
Jun'14
Computer Weekly European User Awards for Enterprise Software: Shortlist 2014
See who made the shortlist for the Computer Weekly European User Awards for Enterprise Software 2014
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June 02, 2014
02
Jun'14
Interview: Infor’s president Duncan Angove talks strategy
Duncan Angove is part of an ex-Oracle senior management team that has reset Infor's strategy in recent years
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May 27, 2014
27
May'14
Cloud innovation boosts card data security
Cloud innovation is enabling businesses to access a secure, cost-effective means of protecting sensitive card payment data
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May 23, 2014
23
May'14
Case study: Concur fuels growth with Couchbase
Expense management company Concur has used NoSQL database supplier Couchbase to further its growth
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May 19, 2014
19
May'14
SAP certifies core business apps to run on Microsoft Azure
From June, users of SAP Business Suite software, Business All-In-One solution, SAP Mobile Platform, SAP Adaptive Server Enterprise and Hana platform will be able to run them on Azure
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May 15, 2014
15
May'14
Justifying the business case to update Oracle eBusiness Suite
To justify the upgrade cost needed to move to Oracle eBusiness Suite Release 12, IT departments need consider how the implementation can deliver value.
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May 14, 2014
14
May'14
SuiteWorld 2014: Omni-channel goes beyond retail, says Zach Nelson
NetSuite CEO Zach Nelson told delegates at the SuiteWorld 2014 conference in San Jose, California, that omni-channel transcends retail
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May 13, 2014
13
May'14
Quarter of Europe’s small businesses interested in mobile point of sale
Over a quarter of small businesses are interested in introducing mobile devices as a point of sale technology within six months as attitudes towards mobile point of sale (mPOS) change in Europe
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May 06, 2014
06
May'14
SAP’s innovation champion Sikka departs
Vishal Sikka, the SAP executive most closely associated with the supplier’s innovation drive with the in-memory database Hana, has resigned
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May 02, 2014
02
May'14
RBS splits problem systems to reduce IT risks
RBS has split the IT system behind its high-profile outages into three to reduce the risks of a single failure impacting operations
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May 01, 2014
01
May'14
Co-operative Bank report reveals challenge of legacy IT replacement
A report into the £1.5bn losses at Co-operative Bank reveals numerous failures in a project to replace core banking systems
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April 30, 2014
30
Apr'14
SDL turns to cloud HR to join up businesses in 40 countries
The technology is central to the company’s strategy to integrate formerly autonomous businesses in 38 countries into a single operation
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April 24, 2014
24
Apr'14
Ecclesiastical outsources IT for the first time to get data benefits
Insurance company Ecclesiastical embarked on its first major IT outsourcing project when it accepted that it was not getting the most out of the data it holds.
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April 24, 2014
24
Apr'14
Businesses face Oracle applications support timebomb
Organisations still running Oracle E-Business Suite release 11.x have less than a year to move to the 12.x release. But many have yet to start
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April 17, 2014
17
Apr'14
Is the PRA dream of ripping and replacing banking IT feasible?
The head of UK financial services regulator the Prudential Regulation Authority (PRA) said it would be bold for banks to strip down and rebuild IT, but is this just a pipe dream?
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April 16, 2014
16
Apr'14
Q&A: SAP's Mike Ettling discusses SuccessFactors cloud HR strategy
Computer Weekly talks to Mike Ettling, global head of cloud and on-premise HR at SAP, about the company’s strategy for its SuccessFactors cloud HR technology
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April 08, 2014
08
Apr'14
Workday sees opportunity for cloud financial management in Europe
Workday plans to push cloud finance and accounting services to enterprise in Europe, but observers say its background in HR technology may prove an obstacle
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April 04, 2014
04
Apr'14
Finance firms must protect IT budgets owing to increasing risks, says EU
An EU report has highlighted the risks being created by finance firms cutting their IT budgets as the financial services sector becomes increasingly reliant of IT
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April 04, 2014
04
Apr'14
More IT woes for RBS as savers denied interest
Savers were not given interest payments, after The Royal Bank of Scotland’s NatWest operation suffered a technical problem
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April 03, 2014
03
Apr'14
Competition from FinTech startups keeps big suppliers on their toes
Big suppliers in the financial technology space are becoming more agile because of the competition from startup technology companies
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March 31, 2014
31
Mar'14
FCA to probe banking IT
UK financial services regulators are investigating IT at banks following a number of high profile outages that have left consumers unable to access their money
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March 25, 2014
25
Mar'14
SITA harnesses Indian suppliers for finance and procurement systems
Airport business communications and IT service provider SITA is working with two India based IT services firms to transform and support finance systems
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March 20, 2014
20
Mar'14
Application support and maintenance costs increase 29%
The cost of supporting and maintaining applications is increasing every year for Global 2000 companies in the US and UK, according to a study of 300 CIOs
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March 20, 2014
20
Mar'14
Cumberland Building Society moves ATMs from ageing Windows XP
Cumberland Building Society has moved its ATMs to Microsoft Windows 7 operating system as support for the existing XP system ends next month
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March 19, 2014
19
Mar'14
Oracle finally sees revenue growth from hardware business
Oracle has finally seen a boost from its server business, with hardware sales up 8% in its latest financial results
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March 17, 2014
17
Mar'14
A billion payments to go through Paym by 2018
The Payments Council forecasts one billion payments to be made through Paym to people using mobile phone numbers by the end of 2018, according to a report
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March 13, 2014
13
Mar'14
Visa racks up 94 million UK contactless payments in 2013
The UK is the second highest adopter of Visa contactless payments in Europe
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March 10, 2014
10
Mar'14
Student Loans Company transforms IT to standardise customers' experience
The Student Loans Company is transforming its IT to standardise customers' experience across all its communication channels
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March 05, 2014
05
Mar'14
Half of CIOs believe business has too many applications
Almost half (48%) of CIOs believe their business has more applications than it needs and only 37% think most of their applications are business critical, according to a study
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March 05, 2014
05
Mar'14
Payments market to open to new service providers
The Financial Conduct Authority (FCA) is planning to open up the payments sector to new companies to improve competition
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March 05, 2014
05
Mar'14
The wider implications of Oracle's Rimini licensing dispute
Companies may need to distinguish between software development work on commercial software they do themselves and what they outsource
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February 20, 2014
20
Feb'14
Welcome Break speeds up payments transactions
Welcome Break has upgraded its entire payments system to improve the speed of services to customers and streamline end-of-day management transactions
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February 07, 2014
07
Feb'14
Met Police releases ‘Total Technology’ IT strategy
The Metropolitan Police Service has released a three to four-year plan on how to transform the use of technology in the organisation
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February 04, 2014
04
Feb'14
Satya Nadella replaces Steve Ballmer as Microsoft CEO
Microsoft has named Satya Nadella as CEO almost six months after former incumbent Steve Ballmer announced his retirement
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January 30, 2014
30
Jan'14
UK Eurozone suppliers can no longer ignore Sepa standard
UK suppliers to Eurozone businesses risk losing customers if they cannot take payment using the Single European Payments Area (Sepa) standard
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January 29, 2014
29
Jan'14
Gaming site bets on flexible benefits software
Online gaming company Bwin.party is betting on specialist benefits software to help it attract and retain its top talent
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January 28, 2014
28
Jan'14
BBC failed to get "sufficient grip” over failed DMI project, says NAO
The National Audit Office has slammed the BBC over its failed Digital Media Initiative (DMI), project saying the broadcaster was “too optimistic” and the BBC executive “did not have sufficient grip of the programme"
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January 28, 2014
28
Jan'14
Lloyds excuse for IT glitch not plausible, says bank IT expert
Lloyds Banking Group’s statement that a server problem caused a three hour service disruption for customers is not plausible but problems with failover systems could be at fault
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January 27, 2014
27
Jan'14
Lloyds is the latest bank to experience major IT outage
Customers of Lloyds, TSB and HBOS were unable to use their cards for a three-hour period yesterday due to a major IT glitch
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January 21, 2014
21
Jan'14
Allianz deploys Rumba to provide secure mainframe administration
Insurer Allianz UK has deployed Rumba terminal emulator software from MicroFocus to provide a mainframe-based policy admin system
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January 20, 2014
20
Jan'14
Businesses accelerate Sepa migrations
Figures from the European Central Bank (ECB) reveal more businesses are becoming Sepa compliant
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January 16, 2014
16
Jan'14
ERP implementations, upgrades on the up across Europe in 2014
UK and European IT looks set to review ERP and intensify focus on BPM in 2014, finds TechTarget/Computer Weekly IT priorities survey
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January 14, 2014
14
Jan'14
IT spending priorities survey shows UK European data management lead
IT professionals in UK organisations are more intent on spending on data management in 2014 than their counterparts in Germany and France
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January 14, 2014
14
Jan'14
Post Office seeks contractors for network and back-office work
The Post Office is looking for IT services firms to provide back-office IT applications and networking technologies in contracts worth hundreds of millions of pounds
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January 09, 2014
09
Jan'14
UK bank IT systems "a long way from being robust"
A senior Bank of England official said UK bank IT systems a very long way from being robust, while giving evidence at Westminster Committee
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January 06, 2014
06
Jan'14
Is cloud computing almost too good to be true for banks?
The cloud’s most obvious benefits will enable banks to keep up with technology changes while reducing costs
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December 30, 2013
30
Dec'13
Top 10 supplier profiles 2013
Are you thinking of doing business with an IT technology supplier? Check out our independent profiles of the leading technology companies.
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December 27, 2013
27
Dec'13
Top 10 financial services IT stories of 2013
2013 has been the first year for a while when businesses have talked about growth. While the finance sector remains ultra-cautious there are investments being made in technology as customers demand new ways of interacting with banks
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December 23, 2013
23
Dec'13
Top 10 business applications stories of 2013
Innovation at Ferrari, DMG Media, BAE Systems, and others; while SAP and Oracle stake strategic claims to cloud and high-speed analytics