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Financial applications

August 05, 2015 05 Aug'15
Sage Summit 2015: The move to cloud technology and the death of ERP

Accountancy software firm Sage has released new cloud-based software, highlighting the gap between the use of cloud and on-premise in the workplace and declaring a move away from traditional ERP
July 23, 2015 23 Jul'15
Software project will save Ford tens of millions a year in car repair bills

Car maker Ford is rolling out sophisticated warranty software to 12,000 dealers worldwide in a project that is expected to bring rapid financial returns
July 15, 2015 15 Jul'15
The obstacles to software-as-a-service adoption in banking

Security tops the reasons why banks don't use software as a service for banking-specific applications
July 07, 2015 07 Jul'15
Manchester City group joins forces with SAP to further global goals

The City Football Group, which includes Manchester City, has teamed up with SAP to further its global development goals

July 07, 2015 07 Jul'15
Campaigners call for independent inquiry into Post Office Horizon IT system dispute

George Freeman MP repeats Post Office claims that a report found no flaws in the Horizon IT system – but campaigners respond by calling for an inquiry
June 30, 2015 30 Jun'15
Top suppliers as UK software and services market approaches £50bn

The top five software and IT services firms in the UK are Capita, HP, IBM, Capgemini and Accenture, according to the latest figures from TechMarketView
June 30, 2015 30 Jun'15
Post Office looking to replace controversial Horizon system with IBM, says MP

Days could be numbered for controversial Post Office computer system at the centre of miscarriages of justice, according to one MP
June 26, 2015 26 Jun'15
Norway’s DNB was inspired by Danish bank for new app

DNB in Norway has taken inspiration from Danske Bank in Denmark when creating its latest payment app.
June 23, 2015 23 Jun'15
Pharmaceutical companies use BPM to cut cost of clinical trial drugs

Pharmaceutical companies have developed an IT system to secure the supply of medicines they need for clinical studies, saving hundreds of thousands on their drugs bill in the process
June 19, 2015 19 Jun'15
Legacy systems holding back 90% of businesses

Most businesses are being held back from making digital advances by their reliance on legacy applications

June 17, 2015 17 Jun'15
Royal Bank of Scotland goes back to 1970s values with big data

RBS, once the world's largest bank, is using analytics technology to go back to the era of personal customer service
May 20, 2015 20 May'15
IT system related to subpostmaster prosecutions under review by CCRC

The Criminal Cases Review Commission receives 20 applications from subpostmasters related to prosecutions for account shortfalls
May 12, 2015 12 May'15
Global banking IT group completes standardised IT architecture

The Banking Industry Architecture Network (Bian) has announced its standardised global IT architecture for banks
May 08, 2015 08 May'15
Use of Halifax mobile banking app doubles

Halifax customers logged into their bank accounts 40 million times in March 2015, double the amount in the same month in 2014
May 06, 2015 06 May'15
EU revamp of payment services draws nearer

The EU cannot afford to continue with costly payment services if it wants to be globally competitive, says MEP
May 05, 2015 05 May'15
Sapphire 2015: McDermott declares SAP natively digital

SAP CEO Bill McDermott declares the company “digital” at Sapphire 2015 and made “empathy” the watchword of his keynote
April 29, 2015 29 Apr'15
Criminal Courts Review Commission set to review subpostmasters' claims of wrongful prosecution

The Criminal Courts Review Commission (CCRC) reviews subpostmasters' claims of wrongful prosecution by the Post Office due to IT problems
April 24, 2015 24 Apr'15
Poor customer engagement at banks opens door to competitors

Customer experience levels at banks have failed to improve for the second year in a row and customers are more likely than ever to leave their bank
April 24, 2015 24 Apr'15
Changing IT trends power banking in Norway

Norway's banking system is undergoing a seismic shift in technology as the country aims for a fully digitised society
April 21, 2015 21 Apr'15
SAP core banking platform will ease Deutsche Bank split following strategic retail review

Deutsche Bank plans a major IT project as strategic review advises spinning off its retail operations – but its SAP platform will ease the split
April 20, 2015 20 Apr'15
Post Office failed to investigate account shortfalls before legal action, report claims

Post Office too quick to take legal action against subpostmasters, finds independent report
April 14, 2015 14 Apr'15
Lintel bank steers clear of traditional bank IT development

Lintel Bank applies for a UK banking licence and plans to join a growing number of new banks taking on the high street incumbents
April 02, 2015 02 Apr'15
Foods manufacturer ConAgra expects to save $5m a year with data analytics

Food manufacturer ConAgra Foods is using data analytics technology to improve how it makes decisions about hiring and deploying its workforce
March 31, 2015 31 Mar'15
IT is more important than marketing for banks

IT spending will grow at the expense of other areas such as marketing as optimism in financial services increases
March 30, 2015 30 Mar'15
KPMG teams up with Microsoft to boost enterprise cloud adoption

Advisory firm to draw on Microsoft technologies to deliver cloud-based data analytics, and business transformation services to clients
March 27, 2015 27 Mar'15
Talk Talk moves HR systems to cloud

Managers now have accurate information on their workforce numbers, salary and overtime costs
March 27, 2015 27 Mar'15
Retiring MP aims to uncover truth of alleged Post Office computer system problems

Retiring MP James Arbuthnot is determined to get to the bottom of problems with the Post Office system that led to subpostmasters being blamed for account shortfalls
March 25, 2015 25 Mar'15
Monitise no longer up for sale

Mobile banking software company Monitise to continue as an independent company rather than seek to be taken over
March 24, 2015 24 Mar'15
MPs seek reassurance over Post Office mediation scheme

Business Innovation and Skills (BIS) select committee seeks reassurances over the Post Office mediation scheme
March 23, 2015 23 Mar'15
Sabadell to migrate TSB IT to proprietary banking platform with £450m sweetener

Spanish bank Sabadell will move TSB IT systems to its own in-house core banking platform
March 19, 2015 19 Mar'15
Current account comparison from Gocompare announced in Budget 2015

The government used the Budget to announce changes in the banking sector that will increase consumer and business choice
March 13, 2015 13 Mar'15
IBM could create blockchain-based digital payments infrastructure for central banks

IBM has held informal talks with some central banks about building an infrastructure that can provide them with bitcoin-like digital payments systems
March 11, 2015 11 Mar'15
Post Office ends working group for IT system investigation day before potentially damaging report

The Post Office closed a working group involved in an investigation into claims against allegedly faulty accounting software used by subpostmasters
March 04, 2015 04 Mar'15
Latest new UK bank launches virtually

Challenger financial services firm Charter Savings Bank has been launched, taking advantage of the lower cost of a virtual presence
February 03, 2015 03 Feb'15
Post Office CIO would talk to any subpostmaster about IT problems, promises CEO

The CEO of the Post Office defended the organisation’s support for users of its accounting system in a select committee inquiry into alleged problems
January 28, 2015 28 Jan'15
Post Office faces grilling by MPs over Horizon accounting system

The Post Office faces a grilling by MPs over its mediation scheme for subpostmasters penalised by its Horizon accounting system
January 21, 2015 21 Jan'15
MPs force inquiry into Post Office subpostmaster mediation scheme

MPs force inquiry into Post Office scheme to redress grievances of subpostmasters claiming to have been wrongly punished for false accounting
January 20, 2015 20 Jan'15
SAP’s Cohen on 2014 results: Europe strong north and south

SAP’s Emea president Franck Cohen optimistic about the supplier’s growth prospects in southern and northern Europe
January 08, 2015 08 Jan'15
Sainsbury's Bank IT system problems a warning to new banks

Sainsbury's Bank has experienced IT problems that left customers unable to use their credit cards for a day
January 07, 2015 07 Jan'15
Oracle will lose out unless it changes its software licensing

In an open letter, Campaign for Clear Licensing highlights the risk to Oracle’s future earnings due to aggressive licensing
January 07, 2015 07 Jan'15
Case study: UniCredit uses Fico to apply prescriptive analytics to risk management

Italian bank UniCredit is using Fico software to apply prescriptive analytics to risk management
December 18, 2014 18 Dec'14
MP accuses Post Office of acting "duplicitously" in IT investigation

MPs claim Post Office was being "high handed" towards MPs and running a "flawed, deteriorating" accounting system
December 16, 2014 16 Dec'14
MPs to debate subpostmaster IT injustice claims

Debate about the Post Office scheme to redress grievances of subpostmasters will be held in Westminster Hall
December 10, 2014 10 Dec'14
Why MPs lost faith in the Post Office's IT investigation, but vowed to fight on

A group of 140 MPs has removed its backing for a Post Office scheme to redress subpostmasters' grievances over alleged false accounting
December 08, 2014 08 Dec'14
MPs blast Post Office over IT system investigation and remove backing

Post Office scheme to redress sub-postmaster grievances over IT system is failing, say MP group supporting alleged victims
November 21, 2014 21 Nov'14
HSBC launches Paym for business

HSBC launches Paym capabilities to allow business customers to receive payments using mobile phone numbers
November 18, 2014 18 Nov'14
Worldpay processes billionth contactless payment

Supermarkets account for most contactless payments as payments company Worldpay processes its billionth contactless payment
November 11, 2014 11 Nov'14
Qantas puts Oracle ERP in the cloud with Tata Consultancy Services

Airline Qantas signs IT outsourcing services firm TCS to upgrade its Oracle ERP platform and move it into the cloud
October 27, 2014 27 Oct'14
CIO interview: David Johnstone of Martin Currie Investment Management

The head of solutions management at the asset management firm discusses IT projects and the changing role of IT leaders
October 08, 2014 08 Oct'14
Retailers buy into Zapp mobile wallet

Large retailers such as Sainsbury’s and House of Fraser will allow customers to pay using the Zapp mobile wallet service.