News

Financial applications

• January 30, 2024 30 Jan'24

  Oracle to fine-tune AI for the enterprise

  Oracle AI developments aim to blend enterprise data and LLMs across its technology stack and SaaS portfolio

• January 30, 2024 30 Jan'24

  Pre-Horizon users contacting lawyers as more Post Office IT horror stories emerge

  Lawyer says there is no reason to believe the Post Office treated unexplained shortfalls on systems prior to Horizon any differently to the way it dealt with unexplained Horizon shortfalls

• January 26, 2024 26 Jan'24

  Lawyers carry on Post Office appeals amid uncertainty over government plan to overturn en masse

  Lawyers supporting former subpostmasters said they will continue appealing convictions as normal despite government plan to exonerate hundreds in one go

• January 26, 2024 26 Jan'24

  Expert IT witness outsmarted an ‘aggressive’ Post Office to get to truth after inspection ‘madness’

  The Post Office’s attempts to protect the Horizon system are well known, in light of the public inquiry and a recent TV drama, but Computer Weekly can reveal how an IT expert was treated during his investigation of Horizon

• January 24, 2024 24 Jan'24

  Committee chair asks minister to back ‘Mr Bates clause’ in Post Office compensation legislation

  Select committee chair wants guarantees on financial redress for subpostmasters that suffered in the Horizon scandal

• January 18, 2024 18 Jan'24

  More than 900 subpostmaster convictions wouldn’t have happened without Post Office-backed law change

  IT expert says it cannot be the case that computer evidence is treated as accurate in court, without investigation into surrounding circumstances

• January 16, 2024 16 Jan'24

  Fujitsu ‘morally obliged’ to contribute to subpostmaster financial redress amid ‘insane’ delays

  Fujitsu has apologised for its role on the Post Office scandal and said it is ‘morally obliged’ to contribute to the financial redress of victims

• January 15, 2024 15 Jan'24

  Santander bank added 4,500 tech staff last year

  Santander added thousands of IT staff to its global operation last year, as part of its digital transformation

• January 12, 2024 12 Jan'24

  Post Office scandal inquiry hits mainstream after dramatic start to year

  Long-running statutory public inquiry restarts with hugely increased interest following ITV’s dramatisation of the two decades-long scandal

• January 11, 2024 11 Jan'24

  Fujitsu UK employees working for HMRC to strike during self-assessment tax period over pay

  Hundreds of Fujitsu UK staff working for HMRC are set to strike later this month over a pay rise dispute

• January 09, 2024 09 Jan'24

  Former Post Office CEO hands back CBE amid public backlash

  Former Post Office CEO hands back her CBE after public backlash following dramatisation of her role in Post Office Horizon scandal

• January 08, 2024 08 Jan'24

  Post Office scandal furore is moment to change digital evidence rules

  The current rules around digital evidence are partly to blame for the widest miscarriage of justice in UK history

• January 07, 2024 07 Jan'24

  Metropolitan Police launches second criminal investigation in Post Office scandal

  New investigation will examine potential crimes by the Post Office in its recovery of money from subpostmasters accused of theft and false accounting

• January 05, 2024 05 Jan'24

  Information Commissioner questions DWP plan to monitor bank accounts of benefit claimants

  The Information Commissioner has warned that legislation to give new powers to the Department of Work and Pensions to check bank accounts of benefit claimants for indications of fraud lacks appropriate safeguards

• December 27, 2023 27 Dec'23

  Top 10 business applications stories of 2023

  Generative AI has become unavoidable for business applications suppliers. C-level executives offer insights here, while the fundamentals of user enterprise software strategy remain visible beneath the AI froth

• December 22, 2023 22 Dec'23

  Top 10 financial services and fintech stories of 2023

  Generative AI is the buzzword on every financial services IT professional’s lips as the technology promises to accelerate the ongoing fintech revolution

• December 20, 2023 20 Dec'23

  Post Office gets government handout as Horizon replacement costs increase ‘significantly’

  The increasing costs associated with replacing the Post Office’s controversial IT system have forced the government to hand it over £100m extra

• December 20, 2023 20 Dec'23

  'No hiding place' for those responsible for Post Office Horizon scandal

  MPs want individuals to be held to account for their roles in causing the Post Office Horizon scandal, which destroyed thousands of lives

• December 14, 2023 14 Dec'23

  Current Post Office executive in denial of Horizon cover-up

  Executives at the Post Office today are still in denial of the part they played in destroying the lives of thousands of people

• December 08, 2023 08 Dec'23

  Former Post Office investigator called subpostmaster campaigners ‘crooks’

  Former Post Office investigator labelled subpostmasters attempting to clear their names as ‘crooks’

• December 06, 2023 06 Dec'23

  Post Office prioritised its ‘bottom line’ over justice

  The Post Office was more concerned with saving money and recovering unexplained losses than getting to the bottom of subpostmaster claims that Horizon errors caused shortfalls, inquiry told

• December 05, 2023 05 Dec'23

  Undisclosed document could reveal pressure on Fujitsu expert witness in Post Office prosecution

  Details of Post Office prosecutor’s meeting with Fujitsu IT expert witness, used in subpostmaster prosecution, not yet disclosed to public inquiry

• December 01, 2023 01 Dec'23

  Post Office lawyer with his fingerprints all over IT scandal spreads blame

  Senior Post Office criminal lawyer was just following orders and claims his only mistake was believing those that told him the Horizon system was robust

• November 30, 2023 30 Nov'23

  Slow government response to Post Office scandal compensation forces new legislation

  Subpostmasters who exposed widest miscarriage of justice in UK history still waiting for compensation after decades of fighting

• November 29, 2023 29 Nov'23

  Paula Vennells’ email fuelled Post Office Horizon cult, inquiry told

  Faced with serious questions about the robustness of its core computer system, the Post Office doubled down on reliability myth, public inquiry told

• November 22, 2023 22 Nov'23

  Controversial Fujitsu contract with Post Office extended again

  IT from Fujitsu is at the heart of the widest miscarriage of justice in UK history, yet the government keeps handing millions of pounds of taxpayers’ money to the IT giant

• November 17, 2023 17 Nov'23

  Oracle NetSuite CEO Goldberg: AI a sleeping giant coming to life

  Speaking with Computer Weekly at SuiteWorld, Evan Goldberg, executive vice-president of Oracle NetSuite, discussed how artificial intelligence has emerged from obscurity to be of business moment

• November 16, 2023 16 Nov'23

  Post Office scandal inquiry postpones more key witness hearings

  Yet more witness hearings are cancelled due to the Post Office's late disclosure of documents

• November 08, 2023 08 Nov'23

  Former Post Office manager has no memory of preparing witness statement in legal dispute

  Evidence of computer problems was omitted from the witness statement of a former Post Office manager in a legal battle with a subpostmaster blamed for unexplained accounting shortfalls

• November 08, 2023 08 Nov'23

  SAP touts Business Technology Platform as foundation for S/4Hana migrations

  SAP claims its Business Technology Platform can help customers ease their transition to S/4Hana and lay the foundation for artificial intelligence initiatives

• October 30, 2023 30 Oct'23

  Devon County digitises with Unit4 ERP

  Unit4 and Embridge Consulting have paired up to help Devon County Council digitise its organisation, data and services

• October 23, 2023 23 Oct'23

  Taxpayers to fund a further £150m for Post Office IT scandal

  Total bill for the scandal goes well over £1bn, as subpostmaster campaign leader considers private prosecutions of Post Office executives

• October 20, 2023 20 Oct'23

  Collaboration paramount in KPN’s successful business transformation

  KPN tells Oracle CloudWorld 2023 how it transformed when its legacy systems became obstacles to supporting its customers on their digital journeys

• October 19, 2023 19 Oct'23

  Post Office auditors presumed subpostmasters were ‘on the fiddle’ or ‘in a muddle’

  Public inquiry into Post Office scandal hears how head office staff routinely made negative assumptions about subpostmasters in small branches

• October 18, 2023 18 Oct'23

  SuiteWorld 23: Oracle NetSuite pushes business efficiency by way of AI

  Oracle NetSuite’s Evan Goldberg posited AI old and new as means for organisations to do more with fewer resources, speaking at the company’s annual global SuiteWorld conference in Las Vegas

• October 16, 2023 16 Oct'23

  Oracle’s Steve Miranda: Customers nearing inflection point with Fusion

  In a Q&A with Computer Weekly at Oracle Open World, applications head Steve Miranda discussed how its customers are moving from project-driven to business-driven approaches, and how GenAI is for real

• October 13, 2023 13 Oct'23

  ‘Angry’ lawyer warned against Post Office computer investigation in 2010 email

  Angered by his exclusion from an important discussion, former Royal Mail lawyer told colleagues of the risks to the Post Office if, as planned, they publicly investigate allegations against its computer system

• October 03, 2023 03 Oct'23

  Amnesia hides names of individuals behind Post Office’s ‘head on a spike’ strategy

  Former Post Office lawyer deflects individual responsibility for a strategy that crushed subpostmasters, blaming the organisation as a whole

• September 29, 2023 29 Sep'23

  First subpostmaster Horizon conviction overturned in Scotland

  Scotland has seen its first Post Office Horizon conviction overturned, taking the UK total to 92

• September 29, 2023 29 Sep'23

  Government ‘breached privacy’ of Horizon victims with compensation offer, says lawyer

  The government breached the privacy of victims of the Post Office Horizon scandal through making a compensation offer public

• September 18, 2023 18 Sep'23

  Government offers £600,000 to subpostmasters with overturned convictions

  Subpostmasters wrongfully convicted of financial crimes based on evidence from faulty Horizon software will be offered £600,000 compensation by government

• September 08, 2023 08 Sep'23

  HSBC collaborates on hybrid quantum optimisation

  The bank, which wants to be at the forefront of quantum computing, is looking at how it can manage collateral assets more efficiently

• September 05, 2023 05 Sep'23

  London Stock Exchange plans blockchain-based market

  The London Stock Exchange plans to have a blockchain-based trading venue available in the next 12 months

• August 31, 2023 31 Aug'23

  GenAI outranks cloud as business IT strategic priority

  Enterprise Strategy Group research on the use cases for generative AI shows it as strategic for corporate IT, with impacts on customer experience, software development and IT Ops

• August 17, 2023 17 Aug'23

  MP calls for review of computer evidence rule which led to subpostmasters being wrongly convicted

  MP writes to minister in charge of courts requesting he looks at the controversial rules on the use of computer evidence in court

• July 28, 2023 28 Jul'23

  ServiceNow Q2 2023: 23% year-on-year growth with GenAI to fore

  ServiceNow has announced second-quarter 2023 revenue of $2.15bn, up 23% on the same quarter in 2022. The digital workflows automation supplier stressed GenAI developments and partnerships

• July 25, 2023 25 Jul'23

  CCRC refers two more subpostmaster convictions for appeal

  Two more subpostmaster convictions referred to appeal court by the Criminal Cases Review Commission

• July 21, 2023 21 Jul'23

  SAP’s Klein sees $1tn market for AI business software

  Enterprise software company embeds AI across product portfolio to improve efficiency in business processes

• July 17, 2023 17 Jul'23

  Subpostmaster compensation deadline will be missed, warns public inquiry chair

  Subpostmasters that successfully sued the Post Office and exposed the Horizon scandal are at the ‘back of the queue’ and won’t receive compensation by current deadline

• July 11, 2023 11 Jul'23

  Horizon inquiry adjourned as Post Office disclosure failures threaten to ‘derail’ proceedings

  Statutory public inquiry into Post Office Horizon scandal adjourned because of Post Office disclosure failures, ‘retraumatising’ victims of a scandal that destroyed the lives of thousands of people