Financial applications
Find news stories, analysis and case studies to help you best leverage financial applications to drive forward business and corporate strategies. Stay abreast of new financial applications developments, and get expert advice on how to evaluate corporate performance management (CPM) software, and manage corporate performance management systems. Learn how to best use software to improve financial management processes such as forecasting, planning and budgeting. And read about how to use financial analytics software to create performance dashboards to aid decision-making.
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News
03 Jun 2025
Fintech growth three times that of finance sector as a whole
Global fintech revenues reached £280bn in 2024, according to Boston Consulting Group report Continue Reading
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News
29 May 2025
Sapphire 2025: BASF evolves business with move to SAP S/4Hana
Germany-based global chemical giant BASF has elected to move its SAP IT estate to S/4Hana private cloud to evolve its business in uncertain times Continue Reading
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News
29 May 2025
Post Office slammed after deleting social media comments on IT scandal
Post Office accused of suppressing the views of victims of the Horizon scandal by deleting comments on social media platforms Continue Reading
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News
27 May 2025
Maturing UK fintechs increase tech and cyber security hiring
Increased hiring reflects that fintechs are maturing and now require more cyber security and compliance experts Continue Reading
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News
26 May 2025
Gprnt platform to ease sustainability reporting
Singapore businesses can now automatically generate basic sustainability reports free of charge using Gprnt, a platform aimed at simplifying reporting and unlocking green financing Continue Reading
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News
21 May 2025
Sapphire 2025: SAP mints business AI flywheel with Palantir on board
SAP CEO Christian Klein put economic and geopolitical uncertainty at the centre of the opening keynote at the supplier’s global Sapphire event in Orlando Continue Reading
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News
20 May 2025
Botched Post Office IT projects continue to drain public purse
Millions more pounds of public money spent by the Post Office as a result of an IT error that exposed the personal details of Horizon victims Continue Reading
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Feature
19 May 2025
Post Office Horizon scandal explained: Everything you need to know
Computer Weekly has investigated the Post Office Horizon scandal since 2008 and is, in fact, part of the story. This guide contains essential information about the scandal Continue Reading
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News
19 May 2025
Post Office performs costly 30-year U-turn on Horizon
Post Office Horizon replacement magnifies missed opportunity as move from the controversial Horizon system to an off-the-shelf alternative is going back to a plan it rejected in the 1990s Continue Reading
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News
15 May 2025
Smart ball analytics proves value in rugby
Welsh professional rugby player Dan Biggar gives his thoughts on the role of data analytics in his sport, at an event where the Sportable smart ball was demonstrated Continue Reading
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News
15 May 2025
Post Office scandal inquiry to publish first findings this summer
Inquiry announces that findings on compensation and human impact will be presented in the next few months Continue Reading
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News
14 May 2025
BBVA creates ChatGPT Store and expands use of the GenAI tool
Data reveals that bank employees are saving an average of almost three hours every week by using ChatGPT Continue Reading
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News
13 May 2025
Controversial Post Office Horizon system could stay until 2033
Post Office seeks off-the-shelf Horizon replacement as part of £492m tender that includes ongoing support for Horizon up to 2033 Continue Reading
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News
13 May 2025
Evidence reveals Post Office scandal victims short-changed in compensation payouts
Subpostmasters who appealed compensation payments have significantly increased ‘worryingly undervalued’ settlements Continue Reading
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News
12 May 2025
Italian bank signs 10-year deal with Google Cloud
UniCredit will transform operations through cloud, AI and data analytics technologies from Google Cloud Continue Reading
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News
09 May 2025
Interview: Amanda Stent, head of AI strategy and research, Bloomberg
Hallucinating AI, which lies through its teeth, keeps Amanda Stent busy at data analytics and intelligence giant Bloomberg Continue Reading
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News
08 May 2025
Oracle NetSuite’s Goldberg: Autonomous AI next applications phase
Speaking with Computer Weekly at SuiteConnect 2025 in London, Evan Goldberg, executive vice-president of Oracle NetSuite, discussed how artificial intelligence in ERP is evolving Continue Reading
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News
07 May 2025
ServiceNow K25: McDermott vaunts agentic AI platform as revolutionary
At its Knowledge 25 customer and partner conference in Las Vegas, ServiceNow painted an orchestrated agentic AI future for its Now platform and targeted CRM as prime field for growth Continue Reading
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News
06 May 2025
Fintech summit reveals what’s next for sector
The UK’s fintech sector attracted $3.6bn investment last year, which was only bettered by the US, but how will UK fintech continue to grow? Continue Reading
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News
01 May 2025
Progress made on government’s Post Office Capture redress, but concerns remain
Latest meeting between campaigners and business department seen as positive, but frustration and concerns remain Continue Reading
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News
30 Apr 2025
Artificial intelligence roles the ‘only safe jobs in banking’
World’s biggest banks have increased the number of employees working with artificial intelligence by 13% in the past six months Continue Reading
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News
24 Apr 2025
Interview: Daniele Tonella, CTO, ING
The bank’s global CTO has been in the role for less than a year and in that time has been working his way through four layers of tech Continue Reading
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News
21 Apr 2025
CW Innovation Awards: Taking the big bang approach to reporting
A company-wide SAP revamp has transformed Bosch Global Software Technologies’ financial and HR processes, delivering granular insights and streamlined operations Continue Reading
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News
15 Apr 2025
UK challenger bank targets US’s mid-tier banking sector with tech platform
Starling Bank expands its banking as a service platform sales operation into the North American market Continue Reading
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News
10 Apr 2025
NetSuite bets big on built-in AI
At its customer event in Sydney, Oracle NetSuite unveiled a suite of AI-powered features integrated directly into its platform at no extra cost in a bid to make AI more accessible to customers Continue Reading
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E-Zine
08 Apr 2025
Innovating for the arts at Royal Ballet and Opera
In this week’s Computer Weekly, we find out how virtual reality and other tech innovations are helping Royal Ballet and Opera to stage world-class performances. After a spate of banking IT outages, we examine why further bank crashes are inevitable. And our new buyer’s guide looks at how to get started with small language models for AI. Read the issue now. Continue Reading
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News
01 Apr 2025
Post Office Capture and Ecco+ users asked to make contact with Scottish statutory body
Scottish statutory body attempting to contact people that might have been wrongly convicted of crimes based on the Post Office’s flawed systems Continue Reading
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News
26 Mar 2025
Oracle bets big on AI, drives Australian business transformation
At the Oracle CloudWorld Tour in Sydney, Oracle executives talked up the company’s strategy to integrate AI across its entire technology stack, empowering Australian businesses to move beyond experimentation and into practical AI-driven solutions Continue Reading
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News
25 Mar 2025
Kroll reviewing Post Office Horizon’s current integrity and discrepancy identification
The Post Office appoints third party to review Horizon following concerns about current version of the system Continue Reading
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News
25 Mar 2025
MPs demand government reconsider response to Post Office compensation report
Select committee calls on government to ‘reflect and revise’ response to Post Office scandal compensation scheme Continue Reading
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News
24 Mar 2025
‘Bankenstein’ and a cold calculation means banking crashes will continue
Following a three-day crash at Barclays, UK banks were forced to explain to MPs when, how and why digital services became unavailable over past two years Continue Reading
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News
24 Mar 2025
Oracle plants agentic AI flag in business process automation
Oracle promotes its Agentic AI Studio, unveiled at OracleCloud World Tour London, as an avowed business process automation accelerant Continue Reading
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News
20 Mar 2025
Government considering redress scheme for families of Post Office scandal victims
Campaign group brings together the children of subpostmasters to meet Post Office minister to discuss redress for their suffering Continue Reading
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News
19 Mar 2025
Former subpostmaster to sue Post Office and Fujitsu for judgment ‘obtained by fraud’
Lee Castleton, one of a group of seven former subpostmasters who began the fight against the Post Office in 2009, triggers ‘seismic’ shift in Post Office scandal Continue Reading
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Definition
10 Mar 2025
What is a general ledger (GL)?
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Continue Reading
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News
06 Mar 2025
Why did IT suppliers allow Birmingham City Council to go live with Oracle?
Councillors at the local authority’s budget setting and audit committee meetings raised questions as Birmingham faces budget deficits Continue Reading
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News
06 Mar 2025
Big bank systems crashed for over 800 hours in last two years due to IT outages
Bank bosses forced to reveal extent of banking IT failures to MPs on the Treasury Select Committee Continue Reading
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News
04 Mar 2025
Metropolitan Police concern puts brakes on Post Office Horizon data migration
The Post Office has paused its project to migrate all Horizon data from Fujitsu systems to its own while in discussions with Metropolitan Police Continue Reading
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News
28 Feb 2025
Post Office makes first official apology to Capture users
The Post Office has written to former Capture user Ken Tooby to apologise for its failings which devastated his family’s lives Continue Reading
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News
27 Feb 2025
'Positive steps' in redress for Post Office Capture victims
Lawyers say progress has been made in efforts to provide financial redress and justice for former users of the Post Office's flawed Capture system Continue Reading
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News
27 Feb 2025
CVE volumes head towards 50,000 in 2025, analysts claim
Many trends, notably a big shift to open source tools, are behind an expected boom in the number of disclosed vulnerabilities Continue Reading
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News
21 Feb 2025
Auditor: 2026 till Birmingham recovers from botched Oracle project
Grant Thornton’s report into a botched Oracle Fusion implementation at Birmingham City Council finds governance and risk comprehension failures to be at the heart of the fiasco Continue Reading
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News
21 Feb 2025
Fujitsu’s £600m-plus prize with His Majesty’s ‘cash cow’ in 2025
Controversial supplier continues to reap the rewards of government IT contracts despite its participation in ‘ghastly fraud’ Continue Reading
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Opinion
19 Feb 2025
Balancing act: Managing business needs alongside digital transformation and innovation
How can IT leaders deliver on the challenging balancing act between innovation, cost control, and managing corporate expectations? One startup CTO in a highly established industry shares his experiences Continue Reading
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News
17 Feb 2025
‘Times are hard’ for fintech but latest report reveals glimmer of recovery
Fintech investment in the UK hit a four-year low last year, as the wider EMEA region saw the lowest numbers in eight years Continue Reading
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News
14 Feb 2025
Government launches consultation on plan to streamline business through e-invoicing
Government announces 12-week consultation on electronic invoicing as part of its plan for change Continue Reading
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News
12 Feb 2025
CCRC reviewing 17 Post Office convictions with potential Capture software involvement
Statutory body began looking at convictions of subpostmasters who used the Capture system following the wider understanding of the Post Office Horizon scandal Continue Reading
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News
11 Feb 2025
MPs demand bank bosses come clean over IT outages following Barclays crash
Treasury committee wants banks to provide details of how IT failures have affected their businesses over the past two years Continue Reading
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News
09 Feb 2025
Allianz PNB Life modernises insurance operations with cloud
Philippine insurer implements a cloud-based health insurance policy management system from DXC Technology to reduce policy issuance times and speed up product launches Continue Reading
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Opinion
07 Feb 2025
Secure software procurement in 2025: A call for accountability
Outgoing CISA chief Jen Easterly called on buyers to demand better security standards from their software suppliers. The Security Think Tank considers what better means, and what best practice for secure software procurement looks like in 2025. Continue Reading
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News
30 Jan 2025
ServiceNow vaunts agentic AI and announces 22% annual revenue growth
ServiceNow has declared full-year revenue close to $11bn, representing 22% year-on-year growth, as it announces a battery of agentic AI product updates Continue Reading
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News
24 Jan 2025
Review of legal rule on computer evidence long overdue, say Post Office scandal victims
Computer Weekly talks to people who suffered miscarriages of justice at the hands of flawed computer evidence, as well as to experts in law and IT, as the government commits to review the legal presumption that computers work all the time Continue Reading
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News
20 Jan 2025
The death of the piggy bank marks coming of age of a fintech
Fintech is a broad church that can be applied to high finance and child savings alike, as the team at startup Those Beyond have demonstrated Continue Reading
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Opinion
17 Jan 2025
Post Office’s military culture and the “infallible computers illusion” destroyed lives
Rupert Lloyd Thomas joined the Post Office in 1974, where he spent the best part of 30 years. He reveals the inner working of the organisation which contributed to the widest miscarriage of justice in history. Continue Reading
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Definition
15 Jan 2025
What is financial analytics and why is it important?
Financial analytics is the creation of ad hoc analysis to answer specific business questions and forecast possible future financial scenarios. Continue Reading
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News
14 Jan 2025
Subpostmasters won’t get financial redress until mid-2027 at current rate of progress
Campaigning former subpostmaster warns that some members of the group that took the Post Office to court might not receive financial redress until mid-2027 Continue Reading
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News
13 Jan 2025
Metro mayors face similar digitisation challenges to banks, but lack their resources
UK regional leaders want to be independent of central government when it comes to digital transformation decision-making, but don’t fully understand what’s ahead Continue Reading
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News
10 Jan 2025
UK fintech investment drops by almost double global average
Global fintech investments fell 20% compared to 37% in the UK, according to latest Innovate Finance figures Continue Reading
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News
07 Jan 2025
Former subpostmasters invited to take part in Post Office Capture compensation scheme development
Government will look at a selection of cases where subpostmasters experienced unexplained losses while using the Post Office’s pre-Horizon accounting system Continue Reading
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Definition
07 Jan 2025
What is a robo-advisor? Everything to know before using one
A robo-advisor is a virtual financial advisor powered by artificial intelligence (AI) that employs an algorithm to deliver an automated selection of financial advisory services. Continue Reading
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News
30 Dec 2024
Top 10 financial services stories of 2024
Here are Computer Weekly’s top 10 financial services stories of 2024 Continue Reading
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News
17 Dec 2024
Government promises redress and justice to Post Office Capture system users
The government has officially recognised that users of the Post Office’s Capture software experienced shortfalls caused by the system’s errors Continue Reading
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News
13 Dec 2024
Post Office scandal 2024 – part 3: Fujitsu’s 12-month fall from grace
After years of refusing to comment, Fujitsu was unable to continue hiding from its role in the Post Office Horizon IT scandal as politicians and a public inquiry demanded answers Continue Reading
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News
10 Dec 2024
Controversial Horizon system to remain in Post Office branches as part of tech ‘fusion’, says source
A source says the Post Office is set to buy the Horizon system from Fujitsu and combine it with both in-house developed and commercially available software Continue Reading
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News
09 Dec 2024
Inside Prudential’s AI strategy
Prudential is leveraging AI across its operations, from enhancing customer interactions and streamlining internal processes to empowering its workforce through upskilling initiatives Continue Reading
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News
09 Dec 2024
Post Office senior leadership warned of IT project data safeguarding risk
Post Office board members and senior executives have been made aware of the risk to data related to its ill-fated Horizon system replacement project Continue Reading
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Feature
29 Nov 2024
Could generative AI help to fill the skills gap in engineering?
The role of artificial intelligence and machine learning in society continue to be hotly debated as the tools promise to revolutionise our lives, but how will they affect the engineering sector? Continue Reading
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News
27 Nov 2024
Post Office Capture users invited to pivotal meeting with government
About 80 former Capture users have now come forward for legal support in making claims against the Post Office Continue Reading
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News
25 Nov 2024
Post Office scandal: How much deeper and wider can it get?
It took decades to expose the Post Office Horizon scandal but that effort has laid the groundwork for others to seek justice and financial redress Continue Reading
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News
22 Nov 2024
Swiss encrypted messaging service, ePost, targets one million postal users
Swiss ePost chief Renato Stalder bets on encrypted communications as demand for letter delivery falls Continue Reading
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Feature
21 Nov 2024
Post Office Horizon IT scandal inquiry: Three years of shocking revelations
Nearly three years of shocking revelations from the Post Office Horizon scandal inquiry Continue Reading
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News
19 Nov 2024
Subpostmasters hit by Post Office scandal plan to meet over 'nuclear option'
Members of campaign group Justice for Subpostmasters Alliance will discuss taking legal action in their pursuit of full, fair and final financial redress Continue Reading
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News
18 Nov 2024
Post Office IT boss calls for subpostmasters to judge him on his actions
Recently installed Post Office chief transformation officer tasked with replacing controversial IT system tells Computer Weekly the organisation’s leadership understands the challenges ahead Continue Reading
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News
15 Nov 2024
Post Office to decide on Horizon before April, Fujitsu board considers final contract extension
Chief transformation officer tells Computer Weekly about ongoing work on replacing controversial Post Office Horizon system and extending contract with Fujitsu Continue Reading
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News
12 Nov 2024
Post Office requested four-year Horizon extension, as Fujitsu boss arrived at public inquiry
Fujitsu boss says the Horizon system has reached the end of its life and a long contract extension might not be possible Continue Reading
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News
12 Nov 2024
How quantum computing could reshape financial services
Experts at the Singapore FinTech Festival predict quantum computing will improve risk management, investment strategies and fraud detection in the financial sector, while also posing new challenges for data security Continue Reading
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News
11 Nov 2024
Post Office scandal not caused by software errors, says combative Fujitsu boss
During a sometimes heated appearance at the public inquiry, Fujitsu’s European boss Paul Patterson said the inquiry has shed light on who is to blame for the scandal Continue Reading
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News
08 Nov 2024
Government announces Green Paper on future of scandal-ridden Post Office
Consultation process will enable a wide range of people to air their views on the future of the scandal-hit Post Office Continue Reading
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News
07 Nov 2024
Post Office wrongly used public funds to pay for legal battle
Senior civil servant’s appearance at public inquiry reveals Post Office broke spending rules when it diverted money to legal battle Continue Reading
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News
06 Nov 2024
Post Office was reluctant to cut costs despite 143 central staff earning more than £100k
Former Post Office minister told public inquiry that Post Office boss did not want to cut central costs, despite how many staff were earning more than £100k Continue Reading
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News
01 Nov 2024
Bank of England warns against AI ‘complacency’
UK financial services regulator wants to increase understanding of AI’s benefits and how firms are managing the risks it poses, as take-up grows and use cases increase Continue Reading
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News
31 Oct 2024
Fujitsu boss to face tough reappearance at Post Office inquiry, following inaction and sidestepping
Fujitsu’s European boss will have to justify why promises made at the public inquiry months ago have not been followed through Continue Reading
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News
30 Oct 2024
No simple replacement for digital evidence rules, says Post Office Horizon trial judge
Judge in Post Office Horizon trial says a more flexible approach to how digital evidence is used in court cases may be required as IT complexity increases Continue Reading
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News
29 Oct 2024
Tata Consultancy Services to deliver Irish pension scheme
Indian IT services giant adds to its growing customer base in the pensions sector with Irish contract win Continue Reading
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News
28 Oct 2024
Who is the subject of the Post Office’s Project Tiger investigation?
The Post Office is listening to a campaigner’s complaints almost a decade after ignoring his more serious accusations and warnings Continue Reading
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News
24 Oct 2024
Government ‘urged’ to overturn all convictions based on Post Office Capture
Influential group has written to the government calling for legislation to overturn the criminal convictions of former subpostmasters that were based on Capture system data Continue Reading
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News
24 Oct 2024
Prudential taps AI to improve health insurance experience
Insurance giant Prudential teams up with Google Cloud to streamline claims processing, personalise healthcare journeys and improve health outcomes Continue Reading
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News
24 Oct 2024
Warning shots fired as former subpostmasters have ‘useful’ meeting with Post Office CEO
Acting CEO meets two campaigning former subpostmasters emphasising need for their input into the Post Office’s future direction, including its branch system development Continue Reading
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News
23 Oct 2024
Federation requests government investigation into third Post Office branch system
Following public anger over the Horizon scandal and the subsequent unravelling of the controversial Capture system, subpostmaster federation wants third branch IT system to be reviewed Continue Reading
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News
22 Oct 2024
Change to rules on computer evidence will be an ‘outcome’ of Post Office scandal
The executive currently heading up the Post Office’s investigations department has told public inquiry that rules on computer evidence have to change Continue Reading
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News
22 Oct 2024
Former Post Office IT boss alleged to have misrepresented alternative to in-house build
Internal Post Office document reveals allegations that former transformation boss misrepresented off-the-shelf option to replace Horizon Continue Reading
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News
21 Oct 2024
Review of late evidence doesn’t change Post Office Capture system report
Conclusions reached in government-commissioned report into pre-Horizon software are unchanged after late evidence reviewed Continue Reading
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News
16 Oct 2024
Former police officer heading Post Office operations did nothing to help innocent subpostmasters
Former chief operating officer did nothing when action could have put a stop to the Post Office wrongful prosecutions Continue Reading
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News
11 Oct 2024
Post Office believes it took £36m from subpostmasters with unexplained losses
The Post Office wrongly blamed subpostmasters for unexplained account shortfalls and made them cover losses out of their own pockets - then banked the money itself Continue Reading
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News
11 Oct 2024
Post Office set to axe in-house-developed New Branch IT software
Troubled business may ditch its plan to build a new core branch system in-house and buy an off-the-shelf alternative Continue Reading
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News
07 Oct 2024
Post Office boss Nick Read ‘inadequate, greedy and self-interested’, whistleblowers tell inquiry
Outgoing Post Office boss Nick Read faces public inquiry for three days this week, with no shortage of questions to answer Continue Reading
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News
06 Oct 2024
Whistleblowers call out ongoing cover-up by Post Office CEO in explosive letter
A letter from Post Office staff to MPs, statutory inquiry chair Wyn Williams and the Post Office chairman demands their intervention and an investigation into the organisation's leadership Continue Reading
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News
04 Oct 2024
Late evidence in Post Office Capture investigation could not be reviewed
Evidence failed to reach investigators in time for report into controversial pre-Horizon Post Office software Continue Reading
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News
03 Oct 2024
Post Office and Fujitsu: from blood brothers to bad blood
Former Post Office chief transformation officer’s evidence to the public inquiry reveals organisation’s strained relationship with main IT supplier Fujitsu Continue Reading
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News
02 Oct 2024
India’s fintechs find fortune in underserved segments
Indian fintech companies are leveraging artificial intelligence and blockchain to address underserved customer segments, unearth hidden revenue opportunities and create innovative products Continue Reading
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News
02 Oct 2024
‘Shocked’ MoneyGram hits back at Post Office
Money transfer fintech wrote to subpostmasters expressing its disappointment with the Post Office over end of contract Continue Reading
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E-Zine
01 Oct 2024
AI advances in cancer care
In this week’s Computer Weekly, medtech startups are showing how AI can offer dramatic advances in cancer care – we talk to one such firm to find out more. Every CIO is used to delivering rapid response times for users, but not many target latency of eight nanoseconds – we find out how it’s done. And we examine the latest trends on datacentre cooling in the light of advances in energy efficiency. Read the issue now. Continue Reading