News
Financial applications
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October 27, 2017
27
Oct'17
Airbus saves millions after building a digital learning library
Airbus has created a digital learning library that is helping more than 100,000 staff in 35 countries keep their skills updated
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October 24, 2017
24
Oct'17
Nordic finance watchdogs losing patience over anti-money laundering systems at banks
The financial services watchdogs have informed banks that they have to do more to improve anti-money laundering systems
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October 19, 2017
19
Oct'17
Post Office computer system legal case reaches important procedural juncture
Sub-postmasters group action against the Post Office reaches an important milestone
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October 02, 2017
02
Oct'17
OpenWorld 2017: Ellison declares autonomous database 'revolutionary'
Oracle’s Larry Ellison claims revolutionary cast for autonomous 18c database at the supplier’s 2017 OpenWorld conference in San Francisco
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September 27, 2017
27
Sep'17
RHB Bank rolls out chatbot for loan applications
The Malaysian lender hopes to improve the loan application experience and grow its personal loan business by 60% through a new chatbot
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September 20, 2017
20
Sep'17
Oracle announces simplified pricing model for cloud computing
Ahead of Oracle’s OpenWorld 2017 event, Larry Ellison announces simplification of cloud pricing, attached to increased automation in database and middleware
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September 15, 2017
15
Sep'17
Banks across Europe cut thousands of staff and branches as IT replaces them
Banks across Europe cut jobs and close thousands of branches as IT shakes the industry
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September 15, 2017
15
Sep'17
Oracle 2017-18 Q1 results: Cloud revenue jumps by 51%
Oracle’s first quarter 2017-18 results show jump in cloud revenue of 51%, boosted by NetSuite acquisition. Executives continue to be bullish on cloud growth, and the AI makeover of core database is flagged
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August 31, 2017
31
Aug'17
App-based challenger bank Starling enters next stage of its journey
Thousands of people are downloading Starling’s app every week as the bank builds its customer base
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August 30, 2017
30
Aug'17
Challenger bank Fidor reaches 200,000 customers
Fintech trailblazer Fidor now has more than 200,000 people using its banking services, but its CEO believes the fintech environment is getting tougher
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August 29, 2017
29
Aug'17
Danske Bank taps into the cognitive capabilities of IBM Watson
Danish bank is using IBM Watson as part of a major IT outsourcing deal
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August 22, 2017
22
Aug'17
Blockchain skills in high demand and jobs being swept up quickly
Job vacancies for people with blockchain skills are being filled in just seven days, on average, once they are advertised online
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August 21, 2017
21
Aug'17
HSBC streamlines mortgages with Capita software
Bank is using software to improve its mortgage application processes and subsequently increase business through brokers
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August 17, 2017
17
Aug'17
Barclays ring-fencing project means downtime for customers
Many Barclays services will be unavailable this weekend as part of the bank's project to separate retail and investment operations
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August 16, 2017
16
Aug'17
A decade of IT change since banking meltdown
With 10 years passing since Northern Rock had to be bailed out by the government, we look at how banking IT has changed since the financial crisis
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August 11, 2017
11
Aug'17
BBVA tops Forrester mobile bank app chart
Spanish bank BBVA has the best mobile banking app in the world, according to Forrester Research
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August 11, 2017
11
Aug'17
HSBC uses IBM to automate the processing of 100 million document pages
In another instance of banks adopting automation to lower costs and drive productivity, HSBC uses IBM analytics technology to cut down on its paper trail
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August 07, 2017
07
Aug'17
TSG 1899 Hoffenheim gets 'faster in the head' with SAP analytics
TSG 1899 Hoffenheim has been using SAP’s Hana database and applications to speed up players mentally, as well as using SAP Hybris to sell shirts
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August 02, 2017
02
Aug'17
Fruit firm W B Chambers uses IFS suite to grow business
W B Chambers, a Kentish fruit farm, has chosen IFS to support its business growth and to guard against the labour pool uncertainties of Brexit
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July 20, 2017
20
Jul'17
TSB to introduce iris scan authentication in September 2017
TSB customers will soon be able to access their mobile bank accounts through iris scanning, which is regarded as the most secure biometric authentication available
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July 19, 2017
19
Jul'17
London Stock Exchange uses IBM blockchain technology
The London Stock Exchange is testing out IBM's blockchain technology in a platform to help SME operations become more transparent
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July 17, 2017
17
Jul'17
Post Office defence in computer system legal case due this week
The Post Office will this week present its defence against allegations brought by subpostmasters in a group legal action
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July 13, 2017
13
Jul'17
HPE and CSC merger wins confidence of Zurich
Zurich Insurance has demonstrated confidence in CSC's merger with HPE through a contract extension
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July 13, 2017
13
Jul'17
Visa encourages US businesses to go cashless with £500,000 in hard cash
Card giant offers small US businesses financial support to upgrade their payments technology if they agree to abandon cash
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July 10, 2017
10
Jul'17
Experian admits mobile and online issues after system upgrade
Some customers of credit referencing company are having problems accessing a service they pay for following an IT upgrade and large customer migration to a new system
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June 29, 2017
29
Jun'17
App-based banking continues its ascent in the UK
The number of people banking from their mobile phones is increasing as more services are made available through the channel
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June 21, 2017
21
Jun'17
The human apprentices behind robotic automation
IT apprentices are helping large businesses transform their back-office processes through software robots
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June 16, 2017
16
Jun'17
Greggs bakes in business change programme with SAP
UK baker and food-to-go retailer says it has significantly advanced its business change programme with a full panoply of SAP software
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June 14, 2017
14
Jun'17
Microchips implanted in hands could be in use for payments in 20 years
UK consumers are becoming more accepting that biometric authentication will become the norm for payments
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June 14, 2017
14
Jun'17
HR technology essential to cutting-edge customer service, say big businesses
If you can’t get your internal HR systems right, the business will suffer – Jaguar Land Rover, Lufthansa and Russia’s Sberbank explain why
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June 09, 2017
09
Jun'17
Patent group prepares for tough data protection laws by moving HR to the cloud
CPA Global to replace ERP-based HR system as it gears up to comply with the General Data Protection Regulation
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June 07, 2017
07
Jun'17
Challenger bank technology arm hires former ABN Amro IT executive as CIO
Bank and banking technology supplier Fidor hires an experienced banking CIO to support its international expansion
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May 31, 2017
31
May'17
Hundreds of sub-postmasters have applied to join IT-related legal action since March
The number of sub-postmasters who claim to have suffered as a result of a faulty Post Office IT system has reached 1,300
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May 30, 2017
30
May'17
Taiwan’s OwlTing taps blockchain to improve food safety
The e-commerce company is using blockchain technology to provide consumers with greater transparency on food sources and production processes
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May 24, 2017
24
May'17
Dubai financial services regulator launches temporary licence aimed at fintechs
Dubai is making it easier for financial technology companies to test out their ideas through a temporary licence
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May 24, 2017
24
May'17
SAP aligns with Saudi Arabia’s IT transformation agenda
Global software giant SAP sees an opportunity for its wide portfolio in Saudi Arabia as the Middle Eastern country transforms
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May 16, 2017
16
May'17
Customer experience transformation at Macquarie bank brings legacy system retirement as a bonus
Australia’s Macquarie bank builds a data layer on top of legacy IT systems to transform customer experience
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May 10, 2017
10
May'17
Blockchain economy on the horizon
Blockchain technologies will enable many new and disruptive business models than the internet itself, an expert predicts
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April 25, 2017
25
Apr'17
UK trade department in New York to promote fintech firms
Group of financial technology firms taken to New York to show off their knowledge of regulatory compliance software
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April 24, 2017
24
Apr'17
Criminal Courts Review Commission appoints forensic accountants for Post Office IT system cases
Investigation into claims of miscarriages of justice in relation to a Post Office accounting system has appointed a forensic accountant firm
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April 20, 2017
20
Apr'17
Mastercard integrates biometric technology into cards
MasterCard tests out biometric technology embedded into payment cards, with further trials in Europe planned
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April 20, 2017
20
Apr'17
Banks suffer average of 85 attempted serious cyber attacks a year, and one-third are successful
Banks face daily cyber attacks, many of which succeed in stealing data, research finds
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April 20, 2017
20
Apr'17
InterContinental Hotel Group reveals extent of malware attack
Hotel group InterContinental (IHG) reveals that malware attempting to glean payment card details sat undetected on its network in the US for three months
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April 12, 2017
12
Apr'17
Chatbots, Fitbits and AI: IT suppliers identify the top trends in HR technology
Businesses are using Fitbits, artificial intelligence and chatbots to improve working life as competition increases to recruit talented ‘millennials’
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April 06, 2017
06
Apr'17
Research fires warning at banks over branch closures
Traditional retail banks cannot rely on customer loyalty if service levels drop as a result of branch closures and staff cuts
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April 05, 2017
05
Apr'17
Technology investments core to JP Morgan Chase success
US investment bank is reaping the benefits of its $9.5bn annual technology spend
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April 05, 2017
05
Apr'17
Chocolate maker Barry Callebaut gets sweet on cloud
Chocolate maker Barry Callebaut is increasingly using cloud-based apps to improve productivity and reduce costs
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March 28, 2017
28
Mar'17
1,000 sub-postmasters apply to join IT-related group litigation against Post Office
Group legal action against Post Office relates to allegedly faulty Horizon computer system
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March 24, 2017
24
Mar'17
Serco uses HR technology to cut recruitment bill
International outsourced services supplier Serco is investing in HR recruitment technology to help it hire 15,000 to 20,000 people a year
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March 17, 2017
17
Mar'17
Singapore startup partners IBM to pilot blockchain technology
Invictus’ distributed ledger prototype will offer financing options for small and medium-sized enterprises