News

Financial applications

May 26, 2020 26 May'20
900 more criminal prosecutions of subpostmasters could be unsafe because of IT failures

Post Office re-examines hundreds of prosecutions that could have resulted from faults in Horizon IT system
May 20, 2020 20 May'20
Coronavirus: Bahrain sees fintech take-up surge amid Covid-19 crisis

Covid-19 has spurred the use of financial technology in Bahrain, which could boost the industry in the country and wider Gulf region
May 19, 2020 19 May'20
Post Office executive who tried to mislead judge in Horizon trial leaves via back door

Angela van den Bogerd leaves position as Post Office director quietly, despite many years of service
May 12, 2020 12 May'20
Australia’s Kmart gears up for mainframe migration

Retailer is lifting and shifting some old Cobol code to AWS while rebuilding others into microservices in its mainframe migration move

May 11, 2020 11 May'20
How Sage scrambled software development team for Job Retention Scheme module

Small team of Sage developers, testers and payroll specialists in race against time to help customers facilitate HMRC’s furlough scheme
May 11, 2020 11 May'20
Micro Focus sees growth in mainframe migration business

Lifting and shifting Cobol code from mainframes to public cloud has been a growth driver for Micro Focus in the Asia-Pacific region, even as the software supplier continues to diversify its business
May 06, 2020 06 May'20
Cash use to go below 5% of total spending in Middle East

Banks expect a rapid reduction of the use of cash in the region
May 05, 2020 05 May'20
Coronavirus: TSB develops smart agent to help staff during pandemic

TSB took just five days to design and implement a smart digital agent to answer customer questions during the Covid-19 pandemic
May 01, 2020 01 May'20
Subpostmasters receive their ‘inadequate’ damages over Horizon IT scandal

Subpostmasters who had their lives ruined by the Post Office’s faulty IT system have received their damages after a High Court victory
April 28, 2020 28 Apr'20
Met Police assessing evidence of potential perjury in Post Office IT trials

Force examines information about evidence given in court by Fujitsu staff on the Horizon IT system before deciding whether to investigate further

April 15, 2020 15 Apr'20
Coronavirus: Lloyds Bank to give thousands of tablet devices to over-70s

Banking group is giving away tablets and basic digital training to help vulnerable customers stay connected during the UK’s Covid-19 lockdown
April 08, 2020 08 Apr'20
What next for subpostmasters’ miscarriage of justice appeals?

Computer Weekly looks at the next stages in the process to clear the names of subpostmasters wrongly prosecuted for the crimes of theft and false accounting
March 27, 2020 27 Mar'20
How subpostmasters made legal history with biggest referral of potential miscarriages of justice

Subpostmasters seeking redress of prosecutions at the hands of an IT system force the biggest ever UK referral of cases of potential miscarriages of justice to the Court of Appeal
March 26, 2020 26 Mar'20
Subpostmaster prosecutions to be considered by Court of Appeal for miscarriages of justice

The Criminal Cases Review Commission is referring 39 subpostmaster prosecutions to the Court of Appeal to review for possible miscarriages of justice, with further analysis on 22 more cases ongoing
March 25, 2020 25 Mar'20
Meeting reviewing subpostmaster applications to appeal criminal prosecutions moves into second day

The Criminal Cases Review Commission has extended a meeting considering subpostmaster applications to appeal criminal convictions resulting from a faulty Post Office IT system
March 24, 2020 24 Mar'20
Norwegian banking app gives access to other banks’ accounts

Banking customers can access and make payments from their other bank accounts using the DNB Mobile Bank app
March 24, 2020 24 Mar'20
Coronavirus: Contactless spending limit increased to fight pandemic

Banking and financial services trade body UK Finance to increase spending limit for contactless payments to £45 from the start of April
March 24, 2020 24 Mar'20
Coronavirus: Fintechs create Covid Credit to help self-employed prove income loss

Financial technology professionals have created a tool that will support self-employed people claiming financial relief from the government during the Covid-19 pandemic
March 23, 2020 23 Mar'20
Coronavirus: Post Office postpones subpostmaster compensation scheme amid Covid-19 crisis

Scheme to compensate subpostmasters who suffered because of computer errors in the Post Office’s Horizon system is delayed
March 20, 2020 20 Mar'20
MP warns minister not to parrot civil servants’ lines on Post Office IT scandal

MP Kevan Jones has warned a government minister not to repeat the mistakes of predecessors in relation to the Post Office Horizon IT scandal
March 19, 2020 19 Mar'20
IT Priorities 2020: ANZ firms to spend more on cyber security

Over half of respondents in Australia and New Zealand plan to invest more in cyber security, especially in key areas such as data loss prevention
March 18, 2020 18 Mar'20
Employment and investment in UK tech sector booms

UK digital tech sector continues rapid growth in 2019, attracting record investment for another year
March 17, 2020 17 Mar'20
Travelex under threat as insolvency risk, hacking costs and coronavirus take their toll

Foreign exchange group’s future remains uncertain as its parent company, Finablr, prepares for potential insolvency
March 16, 2020 16 Mar'20
Secret Post Office deals cause fury among Horizon IT scandal campaigners

The Post Office has sparked anger with secret settlements with subpostmasters outside the recent legal action against it
March 12, 2020 12 Mar'20
CIO interview: Miguel Rio Tinto, Emirates NBD

The Dubai-based banking group’s CIO, Miguel Rio Tinto, talks about its ambitious digital transformation plans
March 12, 2020 12 Mar'20
Dutch landscape attracts fintech exploration

In 2019, the Netherlands had more than 450 companies active in financial technology. The country’s “polder model”, in which new and traditional companies work closely together, offers many opportunities for fintechs
March 10, 2020 10 Mar'20
MPs told to hold to account those responsible for Post Office Horizon IT scandal

Subpostmasters who had their lives destroyed by a faulty IT system and mistreatment by the Post Office have asked MPs to hold to account the people responsible for the injustices
March 10, 2020 10 Mar'20
VAT software supplier exposed data of millions

Eight million sales records belonging to UK and EU consumers left exposed due to misconfigured server
March 06, 2020 06 Mar'20
Those who did not play by the rules in Post Office Horizon scandal “should face prosecution”

Telford MP has become a vocal member of the campaign for justice for the subpostmasters who had their lives devastated as a result of being blamed for losses caused by errors in the Post Office’s core retail and accounting system
March 06, 2020 06 Mar'20
IT Priorities 2020: AI, cloud to dominate IT spending in India

Indian organisations are expected to spend more on artificial intelligence and cloud this year in a bid gain an edge over rivals through key technology investments
March 04, 2020 04 Mar'20
MPs call on PM to commit to full public inquiry into Post Office Horizon IT scandal

Business, Energy and Industrial Strategy Committee to investigate the Horizon IT system and will question Post Office executives over subpostmasters wrongly accused of fraud
March 04, 2020 04 Mar'20
IT Priorities 2020: UK business applications investment in AI gathers steam

Artificial intelligence intensifies as an investment area for UK IT buyers, while cloud delivery is coming to ERP as well as other applications
March 02, 2020 02 Mar'20
Boris Johnson’s commitment to inquiry into Post Office scandal in doubt

Boris Johnson’s apparent commitment to a public inquiry into the Post Office Horizon scandal is not so certain
February 28, 2020 28 Feb'20
Government claims it was misled by Post Office over IT scandal

Minister says Post Office IT experts misled the government when it asked questions about subpostmasters’ concerns over Horizon IT system
February 27, 2020 27 Feb'20
IT Priorities 2020: ASEAN firms on the frontline of digital transformation

Southeast Asian companies plan to spend more on infrastructure and cyber security, but the growth in IT budgets appears to be slowing down
February 26, 2020 26 Feb'20
Boris Johnson commits to 'getting to the bottom of' Post Office Horizon IT scandal

Prime minister Boris Johnson appears to commit to a public inquiry into the Post Office scandal over its accounting system, but government is yet to offer any details
February 25, 2020 25 Feb'20
Government admits it was too passive managing Post Office as parliamentary pressure builds

The UK government faces accusations of neglecting its duties handling the Post Office as pressure mounts in Parliament for justice for the subpostmasters who suffered due to faults in the Horizon IT system
February 23, 2020 23 Feb'20
Australian government inks sourcing deal with Rimini Street

The whole-of-government agreement will provide Australian government agencies with easier and cheaper access to third-party software support
February 19, 2020 19 Feb'20
Swedish consumer-protection legislation will hit fintechs

New financial regulation to protect consumers from agreeing to unnecessary credit will force financial technology companies to make changes to their products
February 14, 2020 14 Feb'20
Calls for inquiry into Post Office IT scandal increase in Parliament, with cross-party support

Many MPs might not yet fully understand the suffering subpostmasters have endured because of the Post Office’s faulty IT system and its oppressive behaviour, but they will soon
February 12, 2020 12 Feb'20
Brexit cited as reason for German digital bank’s UK exit

German challenger bank N26 leaves the UK, saying Brexit is the reason behind the decision due to the removal of passporting rights
February 12, 2020 12 Feb'20
Pressure for public inquiry into Post Office IT system scandal begins with mountain to climb

Members of Parliament seeking a public inquiry into the Post Office Horizon scandal face huge challenges, but pressure and time could force justice
February 09, 2020 09 Feb'20
Australian government to roll out SAP S/4 Hana

Australia’s finance department earmarks S/4 Hana as its ERP system to provide common financial and HR services across government
February 03, 2020 03 Feb'20
Government refuses request to pay legal costs for subpostmasters in Post Office case

The government has refused to pay the huge legal costs subpostmasters incurred in their battle with the government-owned Post Office, which they won
January 28, 2020 28 Jan'20
Subpostmaster prosecutions move closer to appeal

Prosecutions are a significant step closer to being sent to the Court of Appeal as Criminal Courts Review Commission forms a group of commissioners to review them
January 27, 2020 27 Jan'20
Police sent information about potential Fujitsu staff perjury in subpostmaster prosecutions

The police have been asked to consider information from a High Court judge questioning evidence given by Fujitsu staff in criminal trials of Post Office subpostmasters
January 22, 2020 22 Jan'20
Government should not be allowed to dismiss subpostmasters’ claims over Horizon IT scandal

Subpostmasters are stepping up their fight for justice after their huge court victory, with Westminister replacing the High Court as the battleground
January 21, 2020 21 Jan'20
High-street banks face disruption three weeks after Travelex hack

Foreign exchange services still disrupted, three weeks after Travelex received a $6m ransom demand from cyber gangsters
January 15, 2020 15 Jan'20
Government distances itself from Post Office decisions in Horizon IT litigation

Department for Business, Energy & Industrial Strategy says it did not make decisions in the Post Office’s recent court battle
January 14, 2020 14 Jan'20
Why subpostmasters are calling on the government to pay Horizon trial costs

The damages that subpostmasters will receive after their court victory against the Post Office fall well short of their calculated losses