News
Financial applications
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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
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November 05, 2018
05
Nov'18
Deutsche Bank to create cloud-based digital cheque processing system
German banking giant Deutsche Bank will replace manual and paper-intensive cheque processing methods with an automated system in the cloud
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November 01, 2018
01
Nov'18
SAP’s Atzberger vaunts front to back office capability
Alex Atzberger, president, SAP Customer Experience, recently went through the company’s customer-focused software strategy with Computer Weekly
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November 01, 2018
01
Nov'18
How Bahrain plans to become a regional fintech hub
Bahrain is a small island with big plans for its financial technology industry
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October 30, 2018
30
Oct'18
Traditional financial services firms face extinction within 12 years
A large number of large banks could disappear within 12 years unless they change business models and economics
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October 29, 2018
29
Oct'18
Why subpostmasters and Post Office are battling it out in the High Court
After over a decade of controversy, next week marks the beginning of a court battle between subpostmasters and the Post Office over allegations of faults in an accounting system leading to unfair prosecutions
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October 24, 2018
24
Oct'18
Oracle Open World 2018: CEO Mark Hurd says SAP ERP customers will defect
Oracle co-CEO Mark Hurd opined at Open World that SAP ECC6 customers will defect, in some measure, to Oracle in preference to S/4 Hana
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October 23, 2018
23
Oct'18
Software suites will dominate the business applications market
Oracle co-CEO Mark Hurd contends that having a common user interface and the ability to support data flows across a business are key capabilities that will spur the dominance of software suites over time
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October 19, 2018
19
Oct'18
Russians using less cash after accelerated use of electronic payments
Russians are increasingly using electronic payments rather than cash, a recent study by Sberbank has found
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October 18, 2018
18
Oct'18
SAP Q3 2018: Cloud revenue up 39%
SAP’s Q3 2018 results show cloud revenue now at 22% of total and indicate momentum. S/4 Hana customers number 9,500
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October 09, 2018
09
Oct'18
Blockchain adoption hotting up in Australia
The emerging technology is being tested in several industries in a country aspiring to be a global leader in blockchain development
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October 02, 2018
02
Oct'18
Filling the blockchain chasm
Blockchain as a term is becoming common language, but there is a long way to go before it will mean anything to the performance of most organisations
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October 02, 2018
02
Oct'18
Government explores blockchain to make buying and selling property easier and cheaper
HM Land Registry moves into the next phase of a project that will use the latest technologies to speed up property transactions
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September 28, 2018
28
Sep'18
No let-up in digital banking glitches as TSB and HSBC customers are hit on payday
Online and mobile app banking outages continue to increase in regularity as TSB and HSBC customers report problems
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September 21, 2018
21
Sep'18
RBS, Barclays and NatWest customers suffer more mobile banking outages
Banks apologise for problems that have affected mobile and internet banking services
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September 18, 2018
18
Sep'18
Oracle first-quarter 2018-19 results show weak growth
Oracle’s first-quarter results for 2018-19 reveal $9.2bn revenue and 1% growth, with co-CEO Mark Hurd calling out “spectacular growth” for the NetSuite cloud ERP for SMEs business
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September 14, 2018
14
Sep'18
How SAP is riding on Asia’s growth story
The enterprise software behemoth’s Asia-Pacific business is growing and believes its latest C/4 Hana suite is uniquely geared to the scale of the region
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September 13, 2018
13
Sep'18
Tech Nation startup programme demonstrates richness of UK fintech
A Tech Nation programme to support the UK's financial technology startups demonstrates the increasingly diverse range of business-to-business products and services available through the country's fintech community
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September 07, 2018
07
Sep'18
RBS announces branch closures as part of cancelled project to create challenger bank
The Royal Bank of Scotland has announced more branch closures and job losses as digital transformation continues to transform the sector
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September 05, 2018
05
Sep'18
The fintech startups to watch in the UK
Tech Nation’s choice of fintech companies to back reflects the changes expected to hit financial services IT
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September 04, 2018
04
Sep'18
Element AI teams up with AI Singapore
The Canadian upstart is co-developing AI applications for local industries as part of its efforts to build new research capabilities via local talent pools
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September 04, 2018
04
Sep'18
TSB CEO out after months of IT problems
TSB’s CEO, Paul Pester, is stepping down after the bank and its customers were beset by another round of IT problems
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August 22, 2018
22
Aug'18
JP Morgan fintech strategy widens retail trading
Bank’s digital You Invest service opens up trading opportunities to millions of customers
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August 14, 2018
14
Aug'18
How Unit4 punches above its weight in APAC
The supplier of enterprise resource planning software is giving users the ability to tweak its software easily without the need for consultants, turning the traditional enterprise software business model on its head
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August 09, 2018
09
Aug'18
Rentokil robot Trevor kills off mundane processes
Pest control firm has deployed artificial intelligence robots to take out manual processes and progress its learning organisation approach
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August 06, 2018
06
Aug'18
Starling raises the fintech stakes with banking-as-a-service
Challenger bank enables companies outside the financial sector to offer their customers savings and current accounts via the bank’s APIs
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July 31, 2018
31
Jul'18
UK fintech investment exceeds US and China
Financial technology investments in the UK have surpassed those made in the US and China
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July 30, 2018
30
Jul'18
IBM and CLS to work on blockchain app store
IBM and foreign exchange settlement provider CLS are using their complimentary expertise to create an app store for finance firms using distributed ledger technology
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July 30, 2018
30
Jul'18
Dubai disputes court and Smart Dubai partner to apply blockchain
Organisations in Dubai are working on developing the principal of blockchain-based courts
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July 27, 2018
27
Jul'18
IT meltdown pushes TSB into loss
Bank is feeling the effects of its recent IT problems, reporting a loss of more than £100m for the first six months of 2018
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July 24, 2018
24
Jul'18
Capital markets firms to ramp up public cloud spending
Companies in the investment sector are increasingly using the public cloud to improve access to business-critical data
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July 24, 2018
24
Jul'18
Nordnet drops AI assistant while SEB deepens collaboration
One Nordic bank decides to stop using cognitive agent Amelia to focus on other AI technologies, but another widens the use of the software
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July 20, 2018
20
Jul'18
Brussels aims to become an insurtech hub
Belgian capital is calling on startups as it eyes up the huge opportunities in the insurance technology sector
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July 20, 2018
20
Jul'18
Cloud sales stoke Microsoft’s strong growth
Microsoft says cloud-based Office products made a huge contribution to sales growth
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July 19, 2018
19
Jul'18
SAP Q2 2018: Cloud revenue shows momentum, 600 more S/4 customers
SAP’s second-quarter results show cloud revenue now at one-fifth of total, indicating momentum. S/4 Hana customers now number 8,900
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July 17, 2018
17
Jul'18
Saudi Arabia entices UK fintechs to its shores
Saudi Arabia is offering fintechs from other countries the opportunity to access its large internal market
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July 11, 2018
11
Jul'18
UK fintech industry fears Brexit-induced talent squeeze
London’s financial technology community warns of problems ahead as the reality of the UK leaving the EU unfolds
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July 06, 2018
06
Jul'18
Investment flows into Nordic startups from all directions
The Nordic tech startup scene is attracting funding from a variety of sources, with private equity firms, banks and traditional IT companies all keen to put money in
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July 02, 2018
02
Jul'18
Case study: Logistics firm GWC moves from paper to digital HR in three months
Qatar-based logistics firm Gulf Warehousing Company introduced smart appraisals for employees, cut the time it takes to recruit, and gave staff and managers access to accurate HR data by replacing paper systems with human resources software
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July 02, 2018
02
Jul'18
Oracle decides on Brussels for European fintech innovation centre
Software giant Oracle chooses Brussels as the centre of its European financial technology innovation programme
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June 27, 2018
27
Jun'18
Nationwide Building Society to fund tech startups to the tune of £50m
With an available fund of £50m, Nationwide Building Society is the latest traditional financial services provider to support tech startups
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June 22, 2018
22
Jun'18
IBM early findings on disastrous TSB core banking system migration released
Report released by Treasury Committee criticises lack of rigour in preparation for core banking system migration, but TSB says report’s content is out of date
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June 19, 2018
19
Jun'18
Young generation tempted by Amazon bank-like services
Tech firms offering banking services will be inevitable in the future as more than half of young people are tempted by such a prospect
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June 06, 2018
06
Jun'18
Sapphire 2018: SAP will take over CRM market, says McDermott
SAP’s chief executive Bill McDermott tells 2018 Sapphire conference the supplier will storm the CRM market with its C/4 Hana business applications suite
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June 04, 2018
04
Jun'18
Subpostmasters told to expect decision on alleged unfair prosecutions in August
The Criminal Courts Review Commission is expected to announce the findings of an investigation into alleged unfair subpostmaster prosecutions in August
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June 01, 2018
01
Jun'18
Visa card payments system goes down across the UK and Ireland
Millions of businesses across the UK and Ireland are unable to accept VIsa card payments because of a "service disruption"