News
Financial applications
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July 03, 2023
03
Jul'23
Deutsche Bank completes migration of millions of Postbank customers
Deutsche Bank has completed the migration of 12 million Postbank customers to its banking platform
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June 21, 2023
21
Jun'23
Software spending grows fastest as finance firms spend $652bn on tech in 2023
Banks and investment firms are increasing their spending on IT despite gloomy economic outlook, but priorities have changed
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June 20, 2023
20
Jun'23
ServiceNow’s Bill McDermott: a ‘work in progress’
Bill McDermott, president and CEO of ServiceNow, speaks to Computer Weekly about his vision for the company and the technology industry, which he believes to be in the throes of exponential change
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June 20, 2023
20
Jun'23
Post Office will not oppose potential Horizon conviction appellants
Post Office CEO told MPs that the organisation is telling some subpostmasters it won't oppose them if they appeal
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June 14, 2023
14
Jun'23
Banks still investing heavily in legacy payments systems
Banks are missing out on additional revenues through payment services because they are stuck with inflexible legacy payments systems.
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May 28, 2023
28
May'23
Australia’s Disability Trust picks Boomi integration platform
The non-profit organisation is using Boomi’s integration platform to integrate a mix of legacy and new systems to deliver real-time data updates and improve payroll processing, among other goals
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May 25, 2023
25
May'23
Fintech pioneer Anne Boden steps aside from challenger bank CEO role
Fintech pioneer to step aside for a new CEO after 10 years building a UK banking unicorn
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May 24, 2023
24
May'23
JPMorgan’s UK digital retail bank adds more than a million customers in a year
The app-based bank launched in the UK by US giant JPMorgan has added one million customers in the past 12 months
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May 12, 2023
12
May'23
IT Priorities 2023: Business automation intensifies as data governance returns
Business automation and a renewed focus on data governance to get more value from data have attracted more interest for UK enterprise software investment, says the TechTarget IT Priorities 2023 survey
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May 12, 2023
12
May'23
Post Office lawyer bragged how team ‘destroyed attack on the Horizon system’ and put woman in prison
A senior Post Office lawyer appeared gleeful in email about how his team helped prosecute a subpostmaster who was sent to prison
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May 11, 2023
11
May'23
Google Cloud and SAP in enterprise open data push
Long-time technology collaborators Google Cloud and SAP are embarking on a push to make it easier for enterprises to derive value from their data and put it to use in artificial intelligence and machine learning settings
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May 11, 2023
11
May'23
Fujitsu staff had ‘unrestricted and unauditable’ remote access to Post Office branch systems
Fujitsu engineers could make changes to Post Office branch accounts without anyone knowing
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April 28, 2023
28
Apr'23
More Post Office software-related convictions overturned takes total to 86
A total of 86 former subpostmasters wrongly prosecuted for financial crimes after computer errors showed phantom losses have had convictions overturned
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April 27, 2023
27
Apr'23
Zopa’s emotional journey to becoming a bank
Zopa Bank’s CEO sees no reason why the app-based bank should not be as big as the high street giants
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April 25, 2023
25
Apr'23
Lloyds Bank joins industry IT standards group
UK banking giant Lloyds Banking Group has joined an industry group which promotes global IT standards
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April 20, 2023
20
Apr'23
Banks don’t want to develop fintech in-house
Banks are increasingly partnering with fintechs to gain access to their platforms, with few interested in developing such capabilities in-house
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April 14, 2023
14
Apr'23
Former TSB CIO fined for migration meltdown
Both TSB and its CIO have now been fined for the catastrophic migration of TSB’s core banking system
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April 06, 2023
06
Apr'23
CCRC says ‘door open’ for more reviews of subpostmaster convictions
The Criminal Cases Review Commission (CCRC) has told former Post Office workers the door is still open for them to come forward if they were prosecuted for financial crimes based on evidence from Horizon software
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April 05, 2023
05
Apr'23
The Folio Society turns over new leaf with NetSuite
Well known for its illustrated, hardback editions of books, The Folio Society has brought its finance systems up to date, in part to aid international growth, with Oracle NetSuite
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April 03, 2023
03
Apr'23
Lloyds and NatWest banks join Barclays in latest round of branch closures
Lloyds and NatWest banks announce more branch closures as UK high streets continue to be stripped of banking services
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March 27, 2023
27
Mar'23
JP Morgan pilots palm and face-recognition technology in US
JP Morgan is testing out its biometric payment technology in selected retailer stores and at the upcoming Formula 1 Grand Prix in Miami
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March 15, 2023
15
Mar'23
How industry cloud platforms are shaping the future of business applications
More than half of enterprises are expected to use industry cloud platforms that combine cloud-based infrastructure, platform and application services to accelerate their business by 2027
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March 13, 2023
13
Mar'23
Subpostmaster demands names of Post Office executives who crushed him to suffocate truth
One Post Office scandal victim was deliberately destroyed by the Post Office to deter other subpostmasters from challenging the integrity of its core computer system
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March 08, 2023
08
Mar'23
Executive interview: BT chief procurement officer, Cyril Pourrat
BT Sourced is part of BT Group and aims to tackle the telecommunications giant’s multibillion-pound spending. We speak to its procurement chief
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March 07, 2023
07
Mar'23
IT worker evidence reveals a toxic Post Office IT helpdesk that discriminated against subpostmasters
IT worker tells public inquiry that the Post Office Horizon helpdesk was toxic, rudderless and racist
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March 06, 2023
06
Mar'23
Fintech industry calls for regulatory change to help struggling consumers
Fintech trade body calls for regulatory changes to allow fintechs to broaden services for people struggling in the cost-of-living crisis
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March 06, 2023
06
Mar'23
Guinness World Records goes digital
Guinness World Records has been around since 1955. Over the past 20 years, it has transformed from book publishing to consultancy and digital content creation, most recently marshalling NetSuite
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March 06, 2023
06
Mar'23
How to get mainframe modernisation right
Around a third of mainframe modernisation efforts fail, but that doesn’t need to be the case if organisations can harness the best of mainframe and distributed architectures, according to Rocket Software
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March 03, 2023
03
Mar'23
Shawbrook Bank uses Pegasystems for low-code business process rewrite
SME lending and savings bank Shawbrook Bank is using a low-code platform from Pegasystems to rewrite outdated business processes
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February 28, 2023
28
Feb'23
Post Office’s most senior executives hushed up Horizon errors, public inquiry told
The Post Office messaging strategy was designed to reassure staff that the Horizon accounting system was robust after Computer Weekly first revealed problems in 2009
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February 21, 2023
21
Feb'23
NetSuite and Oracle executives optimistic about economy
Oracle NetSuite’s recent SuiteConnect event in London found executives in optimistic mood about the economy and positive about synergies between the two businesses
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February 21, 2023
21
Feb'23
Average consumer spent more than £3,300 using contactless payments in 2022
The amount of money spent using contactless payment technology continues to rise as consumers take advantage of higher allowable spending limits
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February 08, 2023
08
Feb'23
CDO interview: Very’s Steve Pimblett on finding UB40
The chief data officer of online retailer Very, Steve Pimblett, explains the place of data cataloguing in its data strategy, both for governance and innovation
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February 07, 2023
07
Feb'23
‘Profound’ digital pound decision faces policymakers
The UK Treasury has launched a consultation paper to help lay the foundations for a ‘profound decision’ over a digital currency
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February 07, 2023
07
Feb'23
TSB pilots pods as branch replacements
TSB joins Barclays in adopting banking pods to ensure customers have access to physical banking services as the number of high street branches declines
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February 01, 2023
01
Feb'23
PayPal slashes 2,000 jobs in face of tough economic outlook
Fintech giant making thousands of redundancies as global economic outlook remains poor
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January 31, 2023
31
Jan'23
Crédit Agricole tests quantum in finance
The corporate and investment bank has run experiments with Pasqal and Multiverse to demo quantum computing in finance
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January 27, 2023
27
Jan'23
SAP 2022: 11% revenue growth, 2.5% staff targeted by restructure
SAP has announced full-year 2022 revenue of nearly €31bn, up 11% year on year. In 2023, it will explore a sell-off of Qualtrics stake and do a restructure, with an impact on 2.5% of staff
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January 26, 2023
26
Jan'23
Final months of 2022 saw highest ever number of bank account switches
More people than ever before switched their current account provider using the government’s switching service
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January 24, 2023
24
Jan'23
SMEs keen on embedded finance, but more choice needed to increase take-up
Suppliers to small and medium-sized enterprises need to offer more choice when embedding financial products in their services if take-up is to increase
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January 18, 2023
18
Jan'23
Advisory board goal for Post Office scandal victims to be returned to rightful financial position
The board set up to monitor the compensation scheme for Post Office scandal victims agrees goal of returning them to the financial position they would be in had the scandal never happened
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January 17, 2023
17
Jan'23
UK fintech payments unicorn cuts back as Covid-19 boost wears off
Payments infrastructure firm Paddle downsizes as Covid-19-generated business boost runs out of steam
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January 15, 2023
15
Jan'23
Thai enterprises spend more on software amid growing digitalisation
The majority of software spending in Thailand during the first half of 2022 went into applications followed by infrastructure software and development tools, according to IDC
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January 12, 2023
12
Jan'23
How Indian banks can drive automation in corporate banking
Banks should prioritise their processes for automation based on the level of human intervention, understand their processes thoroughly and put employees at the centre of their automation efforts
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January 11, 2023
11
Jan'23
SMEs eye moving business to challenger bank
Known for their consumer banking success, challenger banks are now winning over hearts and minds in the small business sector
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January 10, 2023
10
Jan'23
Latest Innovate Finance report reveals decrease in UK fintech investment, but like-for-like increase
Innovate Finance’s latest figures on fintech investment show reduction in UK, but report methodology leaves this open to change
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January 10, 2023
10
Jan'23
Belfast Harbour sails out with Oracle cloud applications
Belfast Harbour spies a more efficient and flexible future on the horizon as it sets sail with Oracle Fusion Cloud ERP
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January 10, 2023
10
Jan'23
Former subpostmaster Alan Bates, who ‘pulled up trees and moved mountains’, turns down OBE offer
Alan Bates, who fought for decades to expose the Post Office Horizon IT scandal, says it would be inappropriate to accept an OBE when former Post Office CEO Paula Vennells still holds her CBE
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January 04, 2023
04
Jan'23
Traditional banking under threat from platform-based alternatives
Banking as a service embedded in non-banking business offerings will take large chunks from traditional banks
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December 30, 2022
30
Dec'22
Top 10 business applications stories of 2022
As the Covid crisis gave way to the energy crisis and economic turmoil, enterprise software suppliers have urged customers to step up modernisation and evince more empathy for employees