News

Financial applications

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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"

• 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

• 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

• 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

• 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

• 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"

• 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

• March 18, 2021 18 Mar'21

  Government to bail out Post Office which can’t afford to pay compensation to subpostmasters

  The Post Office does not have enough money to pay compensation to the subpostmasters it wrongfully prosecuted

• March 18, 2021 18 Mar'21

  Subpostmasters in Court of Appeal to end 20-year torment

  Subpostmasters heading to Court of Appeal to clear their names in what is potentially the biggest miscarriage of justice in English legal history

• March 11, 2021 11 Mar'21

  Potential miscarriages of justice of Scottish subpostmasters move to full review

  The Post Office Horizon scandal gets bigger as subpostmaster prosecutions in Scotland are reviewed

• March 11, 2021 11 Mar'21

  Oracle Q3, 2020-21: Revenue growth of 3% backdrop to Ellison attack on SAP

  Chairman and CTO Larry Ellison launches competitive attack on SAP as Oracle’s third-quarter results show revenue growth of 3%

• March 11, 2021 11 Mar'21

  IFS ramps up single-platform cloud delivery as it bids ERP adieu

  Business applications supplier shifts fundamentally to cloud infrastructure while sloughing off enterprise resource planning as it rebrands

• March 10, 2021 10 Mar'21

  Welsh FA boss linked to recruitment of controversial former Post Office executive to step down

  Football Association Wales CEO Jonathan Ford is stepping down after losing a vote of no confidence triggered by the controversial appointment of Angela van den Bogerd, who was involved in the Post Office IT scandal

• March 09, 2021 09 Mar'21

  Prime minister yet to respond to serious subpostmaster concerns over Horizon IT scandal inquiry

  Subpostmaster victims who have spent millions bringing the Post Office IT scandal to light have received no reply to their concerns from Boris Johnson

• March 08, 2021 08 Mar'21

  Government to change unfair private prosecution rules used to prosecute innocent subpostmasters

  Government agrees to change private prosecution rules that were abused by the Post Office in its pursuit of subpostmasters wrongly accused of financial crimes

• March 04, 2021 04 Mar'21

  Bank of Ireland to reduce branch network by almost half

  Bank of Ireland is latest bank to pin its future on digital channels as customers change their banking habits

• March 02, 2021 02 Mar'21

  How SAP is riding the rising tide of cloud

  SAP’s newly minted president for Asia-Pacific and Japan talks up the company’s cloud traction and what is being done to ease the transition to S/4 Hana

• February 26, 2021 26 Feb'21

  It’s now or never for UK fintech, government told

  The UK government faces a ‘now or never’ moment if it wants financial technology to play a central role in the economy for years to come

• February 24, 2021 24 Feb'21

  Appointment of disgraced former Post Office director triggers vote of no confidence in Welsh FA boss

  Vote of no confidence in Football Association of Wales boss triggered by recruitment of former Post Office executive who tried to mislead a judge in IT trial

• February 23, 2021 23 Feb'21

  Subpostmaster group calls for prime minister to pause Horizon ‘whitewash’ inquiry

  Subpostmasters call for Boris Johnson to pause and reshape the government’s Horizon inquiry

• February 22, 2021 22 Feb'21

  UK government set to offer fintech visa

  The importance of immigrant workers to the UK's fintech sector highlighted by government planned fintech visa

• February 19, 2021 19 Feb'21

  Fujitsu bosses knew about Post Office Horizon IT flaws, says insider

  A former senior developer who worked for Fujitsu on the Post Office IT system that led to subpostmasters being falsely accused of fraud, has claimed bosses knew of fundamental flaws before going live

• February 16, 2021 16 Feb'21

  TransferGo to harness Google-inspired tech capability

  Payments fintech TransferGo chooses cloud-native core banking platform to build a digital wallet and expand its services

• February 16, 2021 16 Feb'21

  Qatar regulator launches platform to monitor human understanding of financial crime

  Qatari financial services regulator works with global body to provide digital platform to assess whether financial services workers understand how to prevent financial crime

• February 08, 2021 08 Feb'21

  Woolworths to invest more than A$50m in skills training

  More than 60,000 Woolworths employees across store and e-commerce operations, supply chain network and support offices are expected to benefit from the new investment

• February 03, 2021 03 Feb'21

  Has Covid-19 made bank branch closures easier to sell?

  Big banks continue to close branches and invest more in technology as the Covid-19 pandemic makes a case for digital banking

• February 02, 2021 02 Feb'21

  Nordic countries dominate European online banking take-up

  Nordics dominate online banking take-up in Europe, but the UK is not far behind

• January 28, 2021 28 Jan'21

  JP Morgan Chase hires for UK digital bank launch

  US banking giant hires in the UK in preparation for digital consumer bank launch

• January 28, 2021 28 Jan'21

  SAP launches ‘Rise’ business transformation as a service

  SAP CEO Christian Klein announces business transformation as a service package, dubbed Rise

• January 26, 2021 26 Jan'21

  Customers turn to cash as IT issue hits card payments at major supermarkets

  IT problem at payment processing company has forced shoppers to resort to cash in Morrisons and Co-op stores

• January 20, 2021 20 Jan'21

  More subpostmasters’ prosecutions sent to appeal for wrongful conviction

  Four more subpostmasters are to have their appeals against criminal convictions heard in the appeal courts

• January 20, 2021 20 Jan'21

  IT scandal exposes legal rule that made it easy for Post Office to prosecute the innocent

  Lawyers call for changes to digital evidence rule that made it easier for the Post Office to ‘bamboozle courts’ and make subpostmasters pay a heavy price for its IT failings

• January 14, 2021 14 Jan'21

  London received quarter of all European tech funding in 2020

  Technology startups in London raised near-record levels of venture capital investment last year despite uncertainty related to Brexit and Covid-19

• January 14, 2021 14 Jan'21

  Numbers stack up for UK open banking three years on

  Three years have passed since open banking regulations came into force and momentum is gathering

• January 12, 2021 12 Jan'21

  Retail giant Walmart to launch a fintech

  Fintech will be geared towards offering the services Walmart’s customers and employees want

• January 06, 2021 06 Jan'21

  NHS trust says appointment processes robust despite criticism of role for Post Office scandal CEO

  NHS trust defends its director appointment process following an external review of its recruitment of former Post Office CEO Paula Vennells

• December 17, 2020 17 Dec'20

  Post Office suffers latest court defeat in Horizon IT scandal

  Court of Appeal indicates subpostmasters can pursue appeal route that could do more damage to Post Office’s reputation