News

Financial applications

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
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
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
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

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
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
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
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
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
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

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