News
Financial applications
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December 04, 2018
04
Dec'18
Lloyds to use core banking technology from Google-inspired UK fintech
Banking group explores cloud-based core banking technology as part of a major transformation programme
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November 30, 2018
30
Nov'18
CCRC may hold off subpostmaster decision until after Post Office Horizon trial
The Criminal Courts Review Commission is deciding whether to delay its decision on subpostmasters’ claims of wrongful prosecution until after a related court case
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November 28, 2018
28
Nov'18
Challenger bank signs up Google-inspired platform
Cloud-based platform offers functionality around smart contracts and a workflow engine for bank processes
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November 28, 2018
28
Nov'18
FCA deeply concerned as no end in sight for IT failures in banking
The FCA has reported a massive increase in the number of banking IT failures in the UK and admitted there is no end in sight
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November 28, 2018
28
Nov'18
UK competition watchdog concerned with PayPal’s fintech acquisition
Competition and Markets Authority fears $2.2bn deal could reduce competition for payment services in the UK
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November 27, 2018
27
Nov'18
Treasury Committee launches inquiry into bank IT failures
With IT outages in the financial sector a regular occurrence, the Treasury Committee is investigating the causes and consequences of these failures, and what industry and regulators are doing to promote resilience
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November 27, 2018
27
Nov'18
High Court trial over Horizon computer system completes witness cross-examinations
The High Court trial in which subpostmasters are suing the Post Office has reached an important stage
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November 21, 2018
21
Nov'18
Post Office held back information about Horizon IT system errors
Post Office director admits to Horizon errors and not sharing details with subpostmaster network
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November 16, 2018
16
Nov'18
Post Office executives cross-examined in Horizon IT system trial
A High Court trial, where subpostmasters are suing the Post Office for damages caused by an allegedly faulty IT system, ended its second week.
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November 15, 2018
15
Nov'18
The Gym Group flexes its muscles with data analytics
No-frills fitness company The Gym Group is using analytics technology to find insights from its financial, HR and membership data, as it limbers up for rapid expansion in the UK
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November 14, 2018
14
Nov'18
NetSuite finds sweet spot in Asia
With a fast-growing economy and government programmes to drive digital transformation, Asia is proving to be fertile ground for the cloud ERP pioneer
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November 13, 2018
13
Nov'18
Sweden’s central bank to test digital currency
Riksbank e-krona initiative follows government plan for a cashless society by 2030
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November 13, 2018
13
Nov'18
Post Office trial throws up known problem with Horizon system
High Court case in which subpostmasters are suing the Post Office has revealed a known problem with the computer system at the core of the dispute
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November 12, 2018
12
Nov'18
Singapore’s Redmart finds speed and agility with cloud ERP
Online grocer has slashed the time it takes to close the books from more than a week to just three days with Oracle’s cloud-based financial application
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November 09, 2018
09
Nov'18
High court Post Office trial puts subpostmasters’ contract under microscope
Case against Post Office in relation to allegedly faulty computer system begins in High Court