News

Financial applications

• October 23, 2020 23 Oct'20

  NHS trust takes another look at its appointment of IT scandal CEO

  Imperial College Healthcare NHS Foundation Trust has asked for external review of its process when appointing controversial executive

• October 22, 2020 22 Oct'20

  ANZ Bank moves digital banking services to container platform

  Australia’s largest bank now runs 30% of its internet banking services on Red Hat OpenShift in a move that has energised developers and paved the way for more automation

• October 21, 2020 21 Oct'20

  Financial services staff want work-from-home policies to continue after Covid

  About half of workers in the finance sector want their employers to retain remote working policies brought in during the pandemic

• October 20, 2020 20 Oct'20

  Labour shares concerns over ‘whitewash’ Horizon IT inquiry

  Labour MPs write to postal affairs minister expressing fears that the inquiry into the Horizon IT scandal does not guarantee cooperation from the Post Office, Fujitsu and government

• October 15, 2020 15 Oct'20

  Post Office races to solve IT error under gaze of public and banks

  The Post Office is focusing urgently on fixing an IT error suffered by a subpostmaster amid the ongoing IT scandal

• October 14, 2020 14 Oct'20

  NHS England issues integrated cloud ERP procurement advice call

  NHS England is calling on software suppliers for advice concerning the feasibility of moving and integrating its ERP systems in cloud infrastructure

• October 13, 2020 13 Oct'20

  Government minister’s plea for subpostmasters to take part in review of IT scandal rejected

  Government minister met with former subpostmaster online in an attempt to get victims of the Post Office Horizon scandal involved in government review

• October 08, 2020 08 Oct'20

  Care Quality Commission enquiries into IT scandal CEO continue

  NHS regulator continues enquiries about the appointment of former Post Office CEO at Imperial College Healthcare NHS Trust as more damning details emerge

• October 08, 2020 08 Oct'20

  Accenture acquires NZ firm to bolster SAP practice

  Accenture’s acquisition of Zag comes amid growing demand for expertise in S/4 Hana migrations in Australia and New Zealand

• October 06, 2020 06 Oct'20

  Government deaf to loud calls for statutory public inquiry into Post Office scandal

  MPs are demanding the government holds a full statutory public inquiry into the Post Office IT scandal

• October 02, 2020 02 Oct'20

  Justice for subpostmasters as wrongful criminal convictions are set to be quashed

  The Post Office has chosen not to contest 44 out of 47 appeals, meaning most are likely to have their names cleared, but others still face a Court of Appeal battle for justice

• September 29, 2020 29 Sep'20

  Over two million Brits using open banking

  Data shows more than two million people in the UK are now taking control of their financial data through open banking

• September 29, 2020 29 Sep'20

  Subpostmasters still in the dark about live Horizon errors

  Subpostmasters still not being told about all the known errors in the controversial Post Office branch accounting and retail system that they use

• September 29, 2020 29 Sep'20

  Universal Credit algorithm fails people in need, says Human Rights Watch

  The human rights charity says the government’s flagship benefits system is “flawed” and that the means-testing algorithm used causes “irrational fluctuations and reductions in how much benefit” claimants receive each month

• September 24, 2020 24 Sep'20

  Can banks solve money laundering puzzle through technology?

  Banks face a huge challenge in identifying and stopping money laundering without interfering with police investigations

• September 21, 2020 21 Sep'20

  DBS taps AI and data analytics in intelligent banking move

  Singaporean bank has started using artificial intelligence and analytics to provide customers with hyper-personalised insights and recommendations, to win more market share

• September 11, 2020 11 Sep'20

  Santander to double investment in fintechs

  Santander is doubling the amount of money it invests in fintech startups after the success of its funding arm, which was established in 2014

• September 09, 2020 09 Sep'20

  London councils to share technology procurement platform

  A new technology procurement platform will help all 33 local councils in London diversify their IT supplier portfolios

• September 08, 2020 08 Sep'20

  Post Office Horizon IT scandal victims face further battles as government digs heels in

  The government repeats that it won’t pay victims’ legal costs and confirms review into the scandal will not have the power to call witnesses

• September 03, 2020 03 Sep'20

  Insurers accept they were slow to adopt digital

  Insurance companies know they must prioritise digital investment and are planning in-house development to help make up lost ground

• August 07, 2020 07 Aug'20

  Cyber attack combined with Covid-19 puts Travelex into administration

  Foreign exchange firm Travelex has cut UK staff by 1,300 and physical outlets will remain closed

• August 07, 2020 07 Aug'20

  Challenger bank sees huge growth during pandemic

  Starling Bank has seen a big increase in its business amid the Covid-19 slowdown

• August 04, 2020 04 Aug'20

  Google links with eight US banks for current accounts

  Tech giant works with banks to layer digital services on top of secure and regulated banking infrastructures

• August 04, 2020 04 Aug'20

  Nordic enterprises look for SAP price reductions as they navigate Covid-19

  Businesses in the Nordics are using SAP Cloud Platform to address Covid-19 challenges and are also seeking price reductions

• August 03, 2020 03 Aug'20

  Private equity leads Nordic IT sector consolidation

  Private equity firms and industrial giants are triggering mergers and acquisitions in the Nordic tech sector as investment slows amid the Covid-19 pandemic

• July 30, 2020 30 Jul'20

  Accenture selected for key role in Bank of England core settlement system replacement

  Accenture will be technology delivery partner in project to replace the core system used to settle payments between banks

• July 28, 2020 28 Jul'20

  UK government aims fintech industry at Africa

  UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa

• July 23, 2020 23 Jul'20

  APAC firms in early stages of digital transformation

  More than three-quarters of APAC firms struggle to revise their financial plans amid the Covid-19 pandemic, with many still lacking agile systems and processes, a new study finds

• July 22, 2020 22 Jul'20

  BNP Paribas joins IBM financial services cloud project

  IBM’s financial services cloud is gathering steam as more banks join its public cloud ecosystem of finance firms and developers

• July 16, 2020 16 Jul'20

  Banks face fairness challenges as they commit to AI technology

  Banks working with artificial intelligence technology face governance challenges to ensure AI-based decisions are fair and ethical

• July 15, 2020 15 Jul'20

  HSBC chooses AWS for public cloud business operations

  HSBC will use a cloud platform from Amazon Web Services across its business operations to accelerate its public cloud use

• July 15, 2020 15 Jul'20

  Singapore’s Project Ubin hits commercialisation milestone

  A blockchain payments network prototype spearheaded by Singapore’s central bank and its partners could speed up and lower the cost of cross-border payments

• July 14, 2020 14 Jul'20

  Subpostmasters hit funding target to prevent government from burying IT scandal

  The government is set to face scrutiny over its involvement in the Post Office Horizon IT scandal, described as one of the biggest miscarriages of justice in modern UK history

• July 13, 2020 13 Jul'20

  How SingEx is bracing itself for disruption

  Singapore’s SingEx started its digital transformation journey a few years ago and has already pivoted its approach to cope with new challenges brought on by the Covid-19 pandemic

• July 09, 2020 09 Jul'20

  Tencent Cloud teams up with ADBC on banking services

  Singapore’s Asia Digital Bank Corporation could leverage Tencent Cloud’s financial cloud platform to provide banking services to small businesses

• June 29, 2020 29 Jun'20

  MPs to examine fairness of private prosecutions in light of Post Office IT scandal

  Parliamentary Justice Committee to hold short inquiry into the rules and regulations surrounding private organisations’ ability to initiate criminal proceedings

• June 25, 2020 25 Jun'20

  Former Post Office CEO and Fujitsu play the blame game in Horizon IT scandal

  Post Office and Fujitsu blame each other for many of the failings in the Horizon IT scandal that wrecked lives

• June 24, 2020 24 Jun'20

  Firm that investigated controversial Post Office IT system to support criminal conviction appeals

  Second Sight is working with law firm in appeals by subpostmasters against criminal convictions in Horizon IT scandal

• June 22, 2020 22 Jun'20

  Care Quality Commission to discuss concerns over Paula Vennells’ NHS role

  Healthcare regulator will be discussing concerns about former NHS boss chairing an NHS trust at an upcoming meeting

• June 19, 2020 19 Jun'20

  Post Office Horizon scandal victims keep pressure on government’s doorstep

  Subpostmasters fighting for justice in IT scandal are pressuring government on numerous fronts, as momentum is regained after reduced activity due to Covid-19 lockdown

• June 16, 2020 16 Jun'20

  Danske Bank begins process of creating autonomous development teams

  Danish bank begins the process of changing how thousands of its staff work as it attempts to be more responsive to digital demand

• June 16, 2020 16 Jun'20

  Sapphire 2020: Christian Klein steps back from products to push ‘intelligent enterprise’ resilience

  Christian Klein used his first Sapphire keynote as CEO of SAP to underline the supplier’s support for supply chain resiliency and automation against Covid-19 pandemic and climate change backcloths

• June 11, 2020 11 Jun'20

  Anger as government launches ‘pathetic’ and ‘pointless’ review of Horizon scandal

  The government has been accused of launching a review that fails in getting to the bottom of one of the biggest miscarriages of justice in UK history

• June 09, 2020 09 Jun'20

  How Malaysia’s Gain Secure stood tall amid Covid-19

  Walter Wong, executive director of Gain Secure and former Microsoft employee, talks up how his business is coping during Malaysia’s lockdown

• June 05, 2020 05 Jun'20

  Businesses develop apps quickly to manage disruption of Covid-19

  Healthcare companies, insurers, government agencies and big tech companies have used technology from Pegasystems to develop apps to manage the disruption caused by coronavirus

• June 04, 2020 04 Jun'20

  MPs' investigation into Post Office Horizon IT scandal bares teeth

  Select committee chair writes to former Post Office CEO demanding answers over her role in IT scandal

• June 03, 2020 03 Jun'20

  CCRC sends 47 subpostmaster miscarriages of justice for appeal, asks for prosecution powers review

  The Criminal Cases Review Commission sends 47 more subpostmaster cases to Court of Appeal and asks government to review private prosecution powers

• June 02, 2020 02 Jun'20

  Subpostmasters to force scrutiny of government’s role in Post Office IT scandal

  The government's role in the Post Office Horizon IT scandal could soon be put under the microscope as subpostmasters take their complaints to the Parliamentary Ombudsman

• May 29, 2020 29 May'20

  UK fintech investment reaches record high

  Huge increases in UK fintech investment over the past three years has seen the sector explode, but most of the activity is still concentrated in London

• May 27, 2020 27 May'20

  Subpostmasters crowdfund for justice in IT scandal

  Campaign group calls for public support to help potential victims of Post Office Horizon IT scandal