News
Financial applications
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July 22, 2021
22
Jul'21
Government to fund interim compensation of up to £100,000 for each wrongly convicted subpostmaster
The government will pay interim compensation within weeks to subpostmasters who were wrongly convicted of crimes due to computer errors
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July 21, 2021
21
Jul'21
Interview: Chano Fernandez, co-CEO of Workday – a European co-helming a Californian enterprise
Chano Fernandez, co-CEO of Workday, explains how the company’s storied and humane employee culture needs constant tending, and looks forward to a post-Covid acceleration
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July 19, 2021
19
Jul'21
A dozen more subpostmaster prosecutions quashed in Horizon scandal
Twelve more former subpostmasters have had wrongful convictions for financial crimes overturned in the Court of Appeal
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July 15, 2021
15
Jul'21
Fintech sector continues to attract investment as Revolut hits $33bn valuation
Revolut has become the most valuable financial technology firm in the UK after its latest round of investment, with plans for a ‘superapp’
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July 14, 2021
14
Jul'21
EC approves pan-Nordic payments platform
Pan-Nordic payments platform will move to its next phase after receiving merger approval from the European Commission
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July 13, 2021
13
Jul'21
Oracle’s Miranda advances customer wins against SAP for cloud applications suite
Steve Miranda, executive vice-president of applications development for Oracle globally, is showcasing three US customer wins against SAP at the supplier’s quarterly Oracle Live event
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July 13, 2021
13
Jul'21
Automation is key to digital transformation
Automation will enable IT teams to focus on driving transformative projects instead of supporting tasks that can be automated, says UiPath CEO Daniel Dines
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July 12, 2021
12
Jul'21
Taxpayers will have to pay at least £300m to bail out Post Office after scandal
The cost of a scheme set up to compensate subpostmasters who were victims of the Horizon IT scandal will exceed £300m even before damages are paid to all those who suffered
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July 09, 2021
09
Jul'21
Government commitment to Post Office Horizon victims was a ‘false promise’
The government has made no contact with subpostmasters two months after it said it would work with them to ensure they get speedy and fair compensation for their losses as a result of Post Office IT scandal
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July 01, 2021
01
Jul'21
Ten more former subpostmasters set to have wrongful convictions overturned
Another 10 subpostmasters are set to have their criminal convictions quashed as part of one of the biggest miscarriage of justice in British history
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July 01, 2021
01
Jul'21
SAP claims ‘huge momentum’ for Rise in APAC
A top SAP executive claims the region is leading the way in the ‘Rise with SAP’ cloud transformation programme which has been bolstered with modular cloud enterprise resource planning offerings
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June 29, 2021
29
Jun'21
Bank branches will be a thing of the past in five years, say bankers
Traditional bank branches are likely to disappear from the high street in the next five years, but banking ecosystems will ensure customer service levels are high, say bankers
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June 28, 2021
28
Jun'21
Zopa Bank to make profit in its first year
Bank set up by peer-to-peer lending fintech firm expected to make a profit in its first year
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June 28, 2021
28
Jun'21
German merger to fuel savings fintech expansion
German savings fintechs merge and plan European and US expansion
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June 21, 2021
21
Jun'21
Post Office pays 400 subpostmasters compensation for losses caused by computer errors
The Post Office has so far compensated 400 subpostmasters who suffered losses because of errors in the organisation’s Horizon computer system
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June 18, 2021
18
Jun'21
Digital banks could dominate once baby boomers pass on their wealth
Traditional banks face challenges in the coming years due to an increasing number of millennials only using digital banks
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June 16, 2021
16
Jun'21
Contactless payments accounted for a quarter of all UK payments in 2020
Restrictions in everyday life brought by the Covid-19 pandemic fuelled an increase in the use of contactless payment technology during 2020
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June 14, 2021
14
Jun'21
HammondCare takes procurement to the cloud
The Australian health and aged care provider migrated its procurement and invoicing systems to the cloud in just six months to improve efficiency and security
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June 09, 2021
09
Jun'21
BBVA to cut 3,000 jobs in Spain as digital technology transforms industry
Spanish bank is the latest to announce swingeing branch and job cuts amid increased digital competition
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June 08, 2021
08
Jun'21
Did government allow Post Office to sack forensic accountants to cover up Horizon scandal?
Whatever the Post Office told government about its decision to sack investigators examining subpostmaster prosecutions for theft could identify if the government was part of a cover-up
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June 07, 2021
07
Jun'21
Bank of England calls for feedback on digital currencies
The UK financial services regulator is calling for feedback from organisations, including tech firms, on the use of cryptocurrency
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June 01, 2021
01
Jun'21
Post Office scandal public inquiry finally begins after chances to address problems were ignored
The Post Office Horizon scandal inquiry begins with subpostmaster campaign group waiting for full details before committing its support
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May 31, 2021
31
May'21
Great Eastern doubles down on data analytics
Singapore insurer Great Eastern has started a centre of excellence to drive adoption of data analytics and hone its capabilities in data governance and data engineering
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May 27, 2021
27
May'21
BCS demands reform to rules on computer evidence following Post Office Horizon scandal revelations
Professional IT body wants changes to how computer evidence is used in court in the wake of the Post Office case
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May 26, 2021
26
May'21
‘It's a good day when we refer a case,’ CCRC tells MPs during review of Post Office prosecutions
Criminal Cases Review Commission will not allow pressure on its resources to prevent subpostmasters seeking a review of their criminal convictions
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May 20, 2021
20
May'21
Subpostmaster campaign group to meet Post Office scandal inquiry chair
The subpostmaster campaign group JFSA refused to cooperate with initial inquiry because it ‘lacked teeth’, but is now willing to talk after it was put on a statutory footing
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May 14, 2021
14
May'21
More former subpostmasters have criminal convictions quashed
Two former subpostmasters pushed to the brink of suicide after being convicted for financial crimes finally have their names cleared
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May 12, 2021
12
May'21
Fujitsu bags £3bn in public sector contracts while software errors wreck the lives of subpostmasters
The supplier at the centre of the Post Office Horizon scandal has so far escaped the ramifications of its role in the biggest miscarriage of justice in UK history
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May 10, 2021
10
May'21
Miscarriages of justice are the potent tip of Post Office scandal
The miscarriages of justice involving subpostmasters are the most disturbing element of the Post Office Horizon scandal – but it goes much deeper
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May 07, 2021
07
May'21
Post Office contacts over 500 subpostmasters potentially wrongly prosecuted for financial crimes
The Post Office has contacted hundreds of people it might have wrongly prosecuted for financial crimes
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May 07, 2021
07
May'21
Minister promises ‘fair and speedy’ compensation for 555 subpostmasters who defeated Post Office
Government says it wants to ensure a fair pay-out for the 555 subpostmasters who defeated the Post Office in a legal battle but were then excluded from the resulting compensation scheme
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May 05, 2021
05
May'21
Post Office dishonesty in Horizon scandal is reason enough for statutory public inquiry
Subpostmasters, MPs and the public call for a full statutory judge-led public inquiry into the Post Office Horizon scandal, following another damning court judgment
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April 26, 2021
26
Apr'21
Another 38 subpostmasters submit appeals against convictions
The biggest miscarriage of justice in UK history is set to get bigger as more subpostmasters take their cases to the Court of Appeal
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April 26, 2021
26
Apr'21
Post Office scandal CEO steps down from roles after massive miscarriage of justice is laid bare
Former Post Office CEO Paula Vennells has left roles in the church, Morrisons and Dunelm after postmasters’ convictions were overturned in the Court of Appeal
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April 23, 2021
23
Apr'21
Post Office scandal victims have criminal convictions overturned in Court of Appeal
Subpostmasters have their criminal convictions overturned after a judge rules that the Post Office prosecuted them without investigating computer errors
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April 22, 2021
22
Apr'21
SAP Q1 2021: Revenue nudges up 2% year-on-year, S/4 adoption up 2.5% on prior quarter
SAP has reported first quarter 2021 revenue of €6.35bn, up 2% on the same year-ago quarter. Cloud revenue has increased by 1% year-on-year, and S/4 adoption is up 2.5% on the previous quarter
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April 15, 2021
15
Apr'21
Only government standing in the way of fair compensation for subpostmasters
The UK government is the only block to fair compensation for subpostmasters who were wrongly punished for accounting shortfalls
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April 11, 2021
11
Apr'21
Executive interview: Unleashing blockchain’s potential
Labrys founder and CEO Lachlan Feeney offers his observations about blockchain adoption in Australia, and what his firm is doing to help organisations unleash the full potential of the technology
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April 08, 2021
08
Apr'21
Post Office Horizon contract extension is part of project to bring Fujitsu work in-house
The Post Office is to move work done by Fujitsu in-house when its outsourcing contract ends, and is already recruiting IT experts
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April 07, 2021
07
Apr'21
A billion extra contactless payments in year since limit increase
Visa said there was an extra one billion contactless payments made by its customers last year
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April 07, 2021
07
Apr'21
Post Office gives controversial Fujitsu contract another year
The Post Office's controversial contract with Fujitsu has been extended another year to help the organisation manage its exit
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April 06, 2021
06
Apr'21
Demands for changes to ‘barmy’ rules on digital evidence have government’s ear
The government is listening to calls for changes in how digital evidence is considered in court, as Post Office IT scandal spells out current rule's inadequacy
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March 29, 2021
29
Mar'21
CW Innovation Awards: How DBS is transforming credit processes
DBS Bank’s credit architecture programme has digitised and reimagined credit processes through a unified platform that has improved the productivity and efficiency of its credit teams
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March 25, 2021
25
Mar'21
Government faces judicial review into plans for Post Office Horizon inquiry
Subpostmasters that suffered great hardship at the hands of the Post Office are applying for a judicial review of a government inquiry into the scandal, which they see as a "whitewash"
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March 24, 2021
24
Mar'21
Ex-Post Office CEO Paula Vennells walked away from IT scandal with over £400,000 in pay and bonuses
Former Post Office chief was paid over £400,000 when she left despite the organisation being involved in what would become the biggest miscarriage of justice in UK history
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March 24, 2021
24
Mar'21
Covid-torn supply chains speed cloud adoption, says Oracle’s Miranda
Second wave of pandemic has seen some Oracle customers speed up adoption and others attend to some enterprise software housekeeping
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March 24, 2021
24
Mar'21
Post Office was told in 2013 that Fujitsu witness was unreliable in subpostmaster prosecutions
The Post Office was warned that a former Fujitsu employee had misled courts when giving evidence on its behalf
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March 23, 2021
23
Mar'21
NUHS taps RPA in Covid-19 swab tests
Singapore’s National University Health System deploys RPA bots to automate patient registration during Covid-19 swab tests as part of broader efforts to improve efficiency
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March 22, 2021
22
Mar'21
Post Office staff instructed to shred documents that undermined its claims Horizon was robust
Barrister advising the Post Office in 2013 stated that destroying documents would "amount to a conspiracy to pervert the course of justice"
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March 19, 2021
19
Mar'21
Post Office IT scandal executive forced out of job at Football Association of Wales
Angela van den Bogerd has left her role at the Football Association of Wales, following criticism of her part in Post Office IT scandal