News

Financial applications

• May 23, 2024 23 May'24

  Munich Re sees strong growth in AI insurance

  Global reinsurance giant Munich Re expects more demand for AI insurance from organisations that are looking to manage the risks of AI as they experiment more with the technology

• May 22, 2024 22 May'24

  ‘You knew’ – former ally accused Paula Vennells of knowing about Horizon problems

  Former Royal Mail CEO messaged Paula Vennells following the broadcasting of ITV’s dramatisation of the Post Office scandal, questioning what the former Post Office boss knew and removed her support

• May 20, 2024 20 May'24

  Post Office directors went crawling back to Fujitsu when IBM project got complex, inquiry told

  More details emerge about how close IBM came to replacing Fujitsu and its controversial Horizon system at the Post Office

• May 20, 2024 20 May'24

  The fall from grace of ex-priest and Post Office boss Paula Vennells

  As Paula Vennells faces statutory public inquiry into Horizon scandal, Computer Weekly compiles some of its must-read articles about the controversial former Post Office boss

• May 17, 2024 17 May'24

  Post Office CEO Paula Vennells ‘didn’t believe there were miscarriages of justice,’ inquiry told

  As the nation waits for the impending appearance of former Post Office CEO Paula Vennells at the public inquiry, a former colleague reveals her certainty that there were no miscarriages of justice

• May 17, 2024 17 May'24

  Post Office considered asking Computer Weekly to review Horizon IT system

  The Post Office CIO was tasked by directors with sizing up Computer Weekly for the task of reviewing a forensic investigation into Horizon

• May 15, 2024 15 May'24

  Comms director at centre of cover-up never thought Post Office were the ‘baddies’

  Head of communications at the Post Office painted a rosy picture of the error-prone Horizon system when challenged

• May 14, 2024 14 May'24

  Scotland’s Post Office scandal victims to be exonerated en masse

  The Scottish parliament will introduce its own legislation to exonerate subpostmasters with convictions based on evidence from Post Office Horizon system

• May 13, 2024 13 May'24

  How SingPost is delivering on digital transformation

  SingPost group CIO outlines the company’s efforts to leverage AI and automation to improve operations, emphasising the importance of building the right culture as it expands its regional footprint

• May 10, 2024 10 May'24

  Generative AI is everywhere – but policy is still missing

  Use of advanced artificial intelligence is outpacing organisations’ ability to govern the technology, warns ISACA research

• May 09, 2024 09 May'24

  Fujitsu’s Post Office Horizon admission was ‘bombshell’ amid ‘religious panic’ over reliability

  Barrister Simon Clarke was representing the Post Office when he discovered an expert witness had misled courts in subpostmaster trials

• May 07, 2024 07 May'24

  Police told in 2016 that Post Office prosecutor withheld evidence of Horizon errors from court

  A campaigning former subpostmaster told Surrey Police he suspected a ‘possible criminal offence’ when he found details of a Post Office prosecutor withholding evidence in a 2010 trial

• May 03, 2024 03 May'24

  Post Office legal boss withheld details from statutory body reviewing miscarriages of justice

  The Post Office’s top lawyer held back vital information when requested by the criminal cases review commission, preventing wrongful convictions from being reviewed

• May 01, 2024 01 May'24

  DWP anti-fraud measures will allow monitoring of bank accounts of landlords, carers and parents

  Parliamentarians raise concerns that a proposed law to require banks to monitor the accounts of millions of people receiving state benefits could lead to those on welfare being denied accommodation or bank accounts

• April 29, 2024 29 Apr'24

  Post Office misjudged campaigner it labelled a ‘bluffer’

  Social media, a trade union and tech expertise helped former subpostmasters expose Post Office bug myth

• April 26, 2024 26 Apr'24

  Post Office scheme was a ‘charade’ that never intended for large compensation pay-outs

  The Post Office established a scheme to compensate subpostmasters affected by tech faults, but it was just a ‘charade’, says Public Inquiry KC

• April 26, 2024 26 Apr'24

  Post Office ‘lied’ to subpostmasters when forced to meet them, says former federation representative

  Post Office executives were forced to meet subpostmasters to discuss an unexplained error in their branch, then misled the branch managers over remote access

• April 23, 2024 23 Apr'24

  Post Office boss used husband’s descriptions in 'Orwellian' ploy to downplay Horizon problems

  Post Office CEO sought advice from husband on what words to use in reports to downplay known errors in software, inquiry told.

• April 22, 2024 22 Apr'24

  Post Office lawyer was a jack of all trades, but failed his own

  Post Office IT scandal inquiry hears how a lawyer was at the centre of the Post Office’s attempts to prevent problems with its IT system becoming public knowledge

• April 19, 2024 19 Apr'24

  Unisys reveals no link to development of controversial Post Office software

  IT supplier finds no evidence that it was involved in the development of controversial Post Office software

• April 16, 2024 16 Apr'24

  Post Office boss signed off hush money to cover up smoking gun

  A former Post Office boss admitted the pain and suffering of subpostmasters could have been avoided had the organisation done the right thing

• April 16, 2024 16 Apr'24

  CW Innovation Awards: Gleaning data insights with AI

  Hong Kong-based Citic Telecom CPC has built a data platform that leverages large language models to generate insights and speed up data retrieval and analysis

• April 10, 2024 10 Apr'24

  Salesforce helps customers establish bug bounty programmes

  Salesforce has added new learning content to its Trailhead platform designed to help customers develop their own bug bounty programmes

• April 09, 2024 09 Apr'24

  Civil servants more to blame for Post Office cover-up than ministers, says Alan Bates

  Campaigning former subpostmaster believes the civil service has more to answer for than ministers in the Post Office Horizon scandal

• April 08, 2024 08 Apr'24

  Some former Post Office staff should be jailed over scandal, says government minister

  Government minister outlines the real prospect that people will be jailed for their roles in the Post Office Horizon scandal

• April 08, 2024 08 Apr'24

  MPs will grill Cabinet Office over Fujitsu contract bidding pause

  Parliamentary select committees have their eyes trained on Fujitsu’s response to the Post Office Horizon scandal, with its pause on bidding for contracts under scrutiny

• April 04, 2024 04 Apr'24

  Fujitsu should stop bending rules, stop bidding and pay up, says MP

  MP Liam Byrne calls on Fujitsu to put actions behind the promises it made to MPs, victims of the Post Office scandal and UK taxpayers

• April 03, 2024 03 Apr'24

  Fujitsu staff instructed how to bid for government contracts during self-imposed ban

  Leak reveals how Fujitsu advises staff to approach UK government customers during its self-imposed bidding pause, as well as details of a multimillion-pound project to protect its reputation

• March 28, 2024 28 Mar'24

  Remote access is the Post Office’s known unknown

  Calls for criminal investigation after covert recordings are latest evidence to reveal extent of Post Office knowledge of remote access to subpostmaster accounts

• March 26, 2024 26 Mar'24

  How SAP is infusing AI into its business applications

  SAP’s chief artificial intelligence officer, Philipp Herzig, outlines the company’s approach towards AI and how it is making the technology more accessible to customers

• March 22, 2024 22 Mar'24

  Post Office Capture users’ campaign for justice gathers pace

  The government is taking Post Office Capture allegations seriously as former subpostmasters seek answers

• March 15, 2024 15 Mar'24

  Controversial Post Office Capture software was completely rewritten in 1994

  MP demands that the Post Office put effort into fully explaining the development and use of error-prone software used before Horizon in the 1990s

• March 14, 2024 14 Mar'24

  MPs will attempt to amend law on overturning Post Office scandal convictions

  Business and trade select committee chair says the job is not done with legislation to overturn wrongful subpostmaster convictions and provide financial redress

• March 13, 2024 13 Mar'24

  Unprecedented bill to exonerate hundreds of wrongly convicted Post Office workers arrives

  Unprecedented legislation that will see hundreds of former subpostmaster convictions for fraud and theft overturned begins its journey through Parliament

• March 12, 2024 12 Mar'24

  Nationwide IT infrastructure poised to absorb Virgin Money

  A Nationwide takeover of Virgin Money will be the biggest financial services acquisition since 2008, but what about the IT challenges and opportunities that go with it?

• March 12, 2024 12 Mar'24

  Current subpostmaster account shortfalls reveal extent of Post Office’s pre-2019 neglect

  Hundreds of current subpostmasters might have been hounded for money or prosecuted had the Post Office not been forced to change its ways in 2019

• March 11, 2024 11 Mar'24

  How Microsoft is easing GenAI adoption into financial services

  Microsoft is supporting enterprise deployment models, addressing the risks of the technology and leveraging its industry cloud capabilities to ease generative AI adoption in the financial sector

• March 06, 2024 06 Mar'24

  ‘Brutal’ decisions required to sort out Post Office mess, says select committee chair

  Liam Byrne, chair of the business and trade select committee, tells Computer Weekly about the group’s focus on getting Horizon scandal victims what they are owed

• March 06, 2024 06 Mar'24

  Post Office prosecutions during Horizon go-live phase are ‘frightening’

  The Post Office used subpostmasters as guinea pigs to test its software and take the rap for its errors

• March 04, 2024 04 Mar'24

  Perverting course of justice and contempt of Parliament: a week in post-drama Post Office scandal

  As another week in the post-drama Post Office scandal passes, Computer Weekly looks at some of the key moments

• March 01, 2024 01 Mar'24

  IT leaders focus on enterprise software to drive cost savings

  ERP and supply chain software are among the big-ticket investment areas in 2024, and managing these projects is a top priority

• March 01, 2024 01 Mar'24

  KC names Post Office staff he believes conspired to pervert the course of justice

  Leading KC names Post Office staff he believes perverted the course of justice when crushing subpostmasters in court

• March 01, 2024 01 Mar'24

  MPs demand Fujitsu be ‘nailed down’ on financial promise to Post Office scandal victims

  Select committee hears that government is talking to Fujitsu about its contribution towards the costs of the Horizon scandal but it is not yet negotiating

• February 29, 2024 29 Feb'24

  Post Office CEO’s claim to be ‘working hard’ on Capture investigation in doubt

  The Post Office hasn’t even contacted Capture Software users brought to its attention, but CEO claimed, under oath, that the organisation has been ‘working hard’ on the cases for five weeks

• February 28, 2024 28 Feb'24

  ‘Pathetic’ Post Office spat detracts attention and fuels ‘disdain’ for authority

  Former Post Office chair’s row with the government and Post Office cannot be allowed to deflect attention away from achieving justice and recompense for former subpostmasters

• February 27, 2024 27 Feb'24

  Government should face legal deadlines on paying Post Office victims

  The government should face a legal deadline on paying Horizon scandal victims and unfair previous settlements should be reopened, MPs have been told - amid further boardroom controversy at the Post Office

• February 26, 2024 26 Feb'24

  Government won’t rush to include Post Office Capture convictions in overturning legislation

  The government said it does not yet have the 'right body of evidence' to include users of the Post Office's Capture software in Horizon compensation schemes and legislation to overturn convictions

• February 22, 2024 22 Feb'24

  Stannah looks to enterprise cloud software to lift IT systems

  Major project the keystone of new IT strategy to modernise systems and support growth

• February 21, 2024 21 Feb'24

  How Indian fintechs can address compliance issues

  Fintechs will need to bolster their know-your-customer practices and establish self-regulatory mechanisms, among other measures, to address compliance issues that have come under the spotlight

• February 19, 2024 19 Feb'24

  Controversial Post Office Capture system was developed in-house

  Second controversial Post Office system was the work of developers in its own IT operation