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
15 Mar 2023
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 Continue Reading
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News
13 Mar 2023
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 Continue Reading
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News
13 Mar 2023
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 Continue Reading
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Podcast
08 Mar 2023
Procurement AI: A Computer Weekly Downtime Upload podcast
We speak to BT’s procurement chief about the role of artificial intelligence and how conversational AI will improve workflows Continue Reading
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News
08 Mar 2023
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 Continue Reading
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News
07 Mar 2023
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 Continue Reading
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Feature
07 Mar 2023
Culture eats technology in digital transformation
Digital transformation without culture change is an empty phrase, but get the balance right and you can reap rewards Continue Reading
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E-Zine
07 Mar 2023
Can the UK keep its fintech crown?
In this week’s Computer Weekly, two years after the Kalifa report laid out a roadmap for continued fintech sector growth, UK entrepreneurs and startups are worried about the lack of progress. We look at the top tech trends in retail and find out which companies are leading the way. And we examine six ways to slash IT emissions. Read the issue now. Continue Reading
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News
06 Mar 2023
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 Continue Reading
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News
06 Mar 2023
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 Continue Reading
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News
06 Mar 2023
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 Continue Reading
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News
03 Mar 2023
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 Continue Reading
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News
28 Feb 2023
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 Continue Reading
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News
21 Feb 2023
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 Continue Reading
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News
21 Feb 2023
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 Continue Reading
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News
08 Feb 2023
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 Continue Reading
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News
07 Feb 2023
‘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 Continue Reading
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News
07 Feb 2023
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 Continue Reading
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News
01 Feb 2023
PayPal slashes 2,000 jobs in face of tough economic outlook
Fintech giant making thousands of redundancies as global economic outlook remains poor Continue Reading
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News
31 Jan 2023
Crédit Agricole tests quantum in finance
The corporate and investment bank has run experiments with Pasqal and Multiverse to demo quantum computing in finance Continue Reading
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News
27 Jan 2023
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 Continue Reading
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News
26 Jan 2023
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 Continue Reading
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News
24 Jan 2023
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 Continue Reading
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News
18 Jan 2023
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 Continue Reading
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News
17 Jan 2023
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 Continue Reading
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News
15 Jan 2023
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 Continue Reading
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News
12 Jan 2023
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 Continue Reading
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News
11 Jan 2023
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 Continue Reading
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News
10 Jan 2023
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 Continue Reading
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News
10 Jan 2023
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 Continue Reading
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News
10 Jan 2023
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 Continue Reading
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News
04 Jan 2023
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 Continue Reading
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News
30 Dec 2022
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 Continue Reading
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News
20 Dec 2022
TSB hit with huge fine after IT migration disaster
TSB has been fined nearly £50m due to failings during its IT migration catastrophe Continue Reading
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E-Zine
20 Dec 2022
The Post Office IT scandal – cock-up or cover-up?
In this week’s Computer Weekly, the second phase of the Post Office IT scandal inquiry revealed further shocking details at every turn – we review the latest evidence. We examine progress of the roll-out of fast broadband connectivity across the UK. And as the Online Safety Bill returns to Parliament, we look at the ongoing arguments about how to keep the internet safe. Read the issue now. Continue Reading
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News
14 Dec 2022
Criminal Cases Review Commission calls on more convicted subpostmasters to come forward
The Criminal Cases Review Commission wants more former subpostmasters to come forward if they think they were prosecuted by the Post Office based on data from the error-prone Horizon computer system Continue Reading
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News
07 Dec 2022
Post Office scandal – “cock-up or cook-up”?
The second phase of the Post Office Horizon IT scandal raised more questions over who did what, when and where, with shocking revelations at every turn Continue Reading
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News
07 Dec 2022
Vingroup to run SAP systems on Google Cloud
The Vietnam conglomerate and EV maker is planning to migrate all its SAP systems to Google Cloud in a move that is expected to reap cost savings and improve product quality Continue Reading
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News
02 Dec 2022
Post Office boosted its ‘coffers’ as Horizon system threw up unexplained shortfalls, inquiry told
The Post Office was ‘keen’ to make subpostmasters cover unexplained accounting shortfall as its business struggled, public inquiry hears Continue Reading
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News
25 Nov 2022
Fujitsu put pressure on UK government to sign off troubled Horizon project, public inquiry hears
Telegram from British Embassy in Tokyo to UK government reveals pressure on ministers to sign off controversial contract Continue Reading
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News
23 Nov 2022
Oracle’s Steve Miranda on the value of turning inside out
In a Q&A with Computer Weekly at Oracle Open World, applications head Steve Miranda discussed the supplier’s opening out and its intensification of an industry cloud approach, signally with healthcare Continue Reading
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News
18 Nov 2022
Post Office scandal inquiry’s expert IT witness ‘troubled’ by his findings
Controversial Post Office Horizon system lacked the integrity required to trust accounting data and contained ‘joke’ coding akin to an ‘overly engineered mousetrap’, inquiry told Continue Reading
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News
15 Nov 2022
Post Office changed view of Horizon problems before roll-out, because of a ‘sunk cost fallacy’
Insider tells public inquiry that the Post Office continued to roll out the controversial Horizon system despite a ‘considerable’ number of errors, because it was too committed Continue Reading
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Feature
08 Nov 2022
NetSuite hits high note with School of Rock
Over the past five years, School of Rock has grown rapidly, which has also meant much more complexity to deal with. We see how the school has deployed leading business automation technology to stay in tune Continue Reading
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Feature
07 Nov 2022
Why automating finance is just an integration game
We look at how the software that powers finance departments can help businesses navigate the worsening economic climate Continue Reading
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News
03 Nov 2022
Russia risks shortage of PCs and software
Russian consumers and businesses could face a shortage of IT equipment including PCs and software Continue Reading
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News
02 Nov 2022
Game of ‘hardball’ in Horizon negotiations left subpostmasters exposed to tragedy
‘Hardball’ negotiations between the government, the Post Office and ICL meant subpostmasters were ignored and thrown into a tragedy that could have been averted Continue Reading
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E-Zine
01 Nov 2022
How the pandemic accelerated tech adoption in hospitality
In this week’s Computer Weekly, we look at how the hospitality sector is turning to technology to rebuild after it was devastated by the pandemic. Google’s cloud business is growing but remains well behind the market leaders – what does its future look like? And we look at the benefits of AIOps for storage. Read the issue now. Continue Reading
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Feature
31 Oct 2022
The tech helping organisations manage their finances
With a worsening economic climate, software has an important role in helping finance departments control budgets and spending Continue Reading
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E-Zine
25 Oct 2022
The Most Influential Women in UK Technology 2022
In this week’s Computer Weekly, we reveal our annual list of the 50 Most Influential Women in UK Technology. We talk to the No.1 on the list, Flavilla Fongang, about how to improve diversity and inclusion in the sector. And we introduce our seven rising stars – the future female leaders of UK IT. Read the issue now. Continue Reading
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Feature
20 Oct 2022
What do the US’s new software security rules mean for UK organisations?
The White House announced recently that all software supplied to the US government and its agencies needs to be secure, so what does this mean for the UK and EU security sectors? Continue Reading
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News
18 Oct 2022
Subpostmaster federation failed its members when they needed it most
A dereliction of duty saw subpostmaster federation ignore its members when IT problems hit and allowed the Post Office destroy their lives Continue Reading
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News
04 Oct 2022
Next phase of open banking already gathering pace
Open banking has had a major impact on the banking industry as finance forms harness data to provide better services, but the next phase of open finance promises even more Continue Reading
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News
03 Oct 2022
Security regulation cuts online payment fraud at 73% of retailers
New online payments security standard, Strong Customer Authentication (SCA), sees immediate fall in fraudulent payments to retailers Continue Reading
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News
29 Sep 2022
Cost-of-living crisis could spur fintech adoption
The cost-of-living crisis could have a similar impact on fintech and digital banking as the Covid-19 pandemic did, inducing further innovation in the fintech sector Continue Reading
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News
27 Sep 2022
Robo investment platform adopts open banking-based payments
Nordic consumer investment fintech simplifies customer experience through open banking software from Mastercard-owned Aiia Continue Reading
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News
23 Sep 2022
Copenhagen Fintech connects its members to the world
Copenhagen-based startup initiative is driving fintech developments across the Nordic region, with Mastercard its latest global partner Continue Reading
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News
23 Sep 2022
Post Office scandal inquiry chair intervenes in slow compensation progress
Chair of statutory public inquiry into the Post Office Horizon scandal has aired his disappointment over the slow progress in making interim payments to victims Continue Reading
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News
23 Sep 2022
Mini-Budget 2022: HMRC tells firms to update payroll software ahead of November NI tax cut
HMRC is urging employers to ensure their payroll software systems are updated now, before the reversal of the previous government’s National Insurance tax hike kicks in Continue Reading
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News
14 Sep 2022
US to see huge increase in embedded finance transactions
Retailers and other non-financial businesses are increasingly offering their customers financial services, such as credit and payment options Continue Reading
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News
13 Sep 2022
JP Morgan acquires fintech for payments modernisation
JP Morgan acquires cloud-native payments technology as it modernises its IT infrastructure Continue Reading
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E-Zine
13 Sep 2022
Source responsibly: Tech sector efforts to root out forced labour are failing
In this week’s Computer Weekly, we analyse the technology industry’s failure to extirpate forced labour and slavery from its supply chains. We find out how cyber security firm Okta is rebuilding customer trust after a major security incident. And we discover how Caterpillar is modernising its data management to offer better customer service. Read the issue now. Continue Reading
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News
12 Sep 2022
Mistakenly transferred $504m to be returned to Citigroup
Judge rules that creditors should return $504m that was accidentally transferred to them by Citigroup Continue Reading
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News
12 Sep 2022
Lloyd’s of London is digitally transforming through the front door
Centuries-old financial services organisation is transforming its complex IT infrastructure through digital data Continue Reading
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E-Zine
09 Sep 2022
CW Europe: Why Russia could become the world’s biggest market for illegal IT
Faced with international sanctions and the departure of many global IT suppliers from Russia, companies there are seeking alternative, and sometimes illegal, routes to access IT products. Also read how new requirements are driving scientists and engineers in Europe back to the lab to start developing 6G technology. Continue Reading
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News
07 Sep 2022
Tech Nation Libra programme selects 35 scaleups for second cohort
The Libra 2.0 programme is designed to help underrepresented founders in the UK who are growing and seeking specific support for scaling up their business Continue Reading
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News
02 Sep 2022
Interview: Sibstar, the fintech app for dementia sufferers
Creator of app and debit card designed to support people living with dementia tells Computer Weekly how the idea developed Continue Reading
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News
02 Sep 2022
BBVA to add 2,000 software engineers to workforce this year
Spanish bank BBVA is boosting its IT department while its traditional workforce reduces amid digital transformation Continue Reading
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News
01 Sep 2022
Police interview Horizon scandal victim in investigation into potential perjury by Fujitsu staff
The Met Police have interviewed a former subpostmaster as part of an investigation into potential perjury by former Fujitsu staff Continue Reading
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E-Zine
25 Aug 2022
CW Nordics: Norway struggles to keep up with demand for tech specialists
The growing importance of IT in all industries, along with a shortage in skills, make for an excellent high-tech job market for candidates in Norway. Read how recruiters are struggling to keep up with demand. Also read how the Danish government encourages research in strategic fields to attract tech companies. Continue Reading
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News
04 Aug 2022
Financial Ombudsman Service mining for gold in cloud HR and finance
The Financial Ombudsman Service is reaping the benefits of the cloud-based human resources and finance system it implemented last year Continue Reading
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News
03 Aug 2022
More than 60% of world population will use digital wallets by 2026
Global take-up of digital wallets will accelerate over the next four years, driven by ‘super apps’ and QR code-based payments Continue Reading
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E-Zine
02 Aug 2022
How to create a datacentre capacity plan
In this week’s Computer Weekly, planning datacentre capacity is a growing challenge – we ask the experts for the latest best practice. Victims of the Post Office IT scandal explain why they think they were targeted for speaking out. And we look at the digital skills gap in retail and find out how employers can source talent. Read the issue now. Continue Reading
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Podcast
29 Jul 2022
Green IT, nominate top tech women – Computer Weekly Downtime Upload podcast
Caroline Donnelly, Clare McDonald and Brian McKenna discuss the CW IT sustainability think-tank, the launch of the Most Influential Women in UK Technology 2022 list, and Lambeth Council in the cloud Continue Reading
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News
26 Jul 2022
Post Office attacked subpostmasters who questioned Horizon, say victims
When the Post Office’s lie about the Horizon system failed to silence subpostmaster critics, it took more extreme measures, say victims of the scandal Continue Reading
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News
26 Jul 2022
Lambeth maps future with cloud applications
With its funding dramatically cut, Lambeth Council has turned to cloud delivery of its business applications to have a simpler technology stack and be nimbler in delivering services to its 330,000 population Continue Reading
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News
26 Jul 2022
Six more subpostmaster convictions overturned in Horizon scandal
More former subpostmasters have their wrongful convictions for theft and fraud overturned in the Court of Appeal Continue Reading
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News
20 Jul 2022
Starling Bank withdraws application for licence in Ireland
App-based bank decides against completing its application for a banking licence in Ireland after concluding it did not offer enough value Continue Reading
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News
13 Jul 2022
APAC organisations renew focus on ERP
Organisations in Asia-Pacific are looking to renew their enterprise resource planning systems as they emerge from the throes of the pandemic Continue Reading
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News
12 Jul 2022
Is time running out for legacy payments technology used by banks?
The company bringing Google-like processing to core banking for banks has added the same proposition in payments Continue Reading
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News
06 Jul 2022
Most APAC banks to spend more on cloud this year
More than nine in 10 banks across Asia-Pacific are increasing their cloud spending in 2022 after years of hesitation due to initial regulatory hurdles Continue Reading
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News
30 Jun 2022
Subpostmaster campaigning forces government to set up compensation scheme and make interim payments
Subpostmaster campaign group is a step closer to achieving what it was originally set up to do as government launches compensation scheme for its members who did not receive fair payouts Continue Reading
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News
30 Jun 2022
Independent scrutiny brought into compensation negotiations for wrongly prosecuted subpostmasters
Former Supreme Court judge will offer his view on the valuation of compensation for wrongly convicted subpostmasters Continue Reading
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News
29 Jun 2022
Inside Bendigo and Adelaide Bank’s cloud journey
With a strong DevOps culture, Australian bank has been moving its most important applications to the cloud in a journey that has already reaped returns Continue Reading
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News
27 Jun 2022
Manchester Airports Group taps Rise with SAP service to speed recovery
Manchester Airports Group, which includes London Stansted and East Midlands as well as Manchester, has chosen SAP’s Rise package, on AWS, as it seeks to ‘build back smarter’ post-pandemic Continue Reading
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News
21 Jun 2022
Post Office IT investigator to be released from confidentiality obligations for inquiry
Forensic accounting firm that ‘knows where the bodies are buried’ will be released from confidentiality obligations by the Post Office to give evidence to public inquiry Continue Reading
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News
20 Jun 2022
Minister says compensation offer to 555 subpostmasters close
Government minister says an announcement on subpostmaster compensation could be made within weeks Continue Reading
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News
20 Jun 2022
Neo4j teams up with Deloitte in ASEAN push
Neo4j is partnering with consulting firm Deloitte to meet the demand for graph technology on the back of its growing business in the ASEAN region Continue Reading
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News
13 Jun 2022
HSBC to give thousands of staff fintech training
Thousands of HSBC staff will receive training in fintech technologies through a course developed with Saïd Business School Continue Reading
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News
13 Jun 2022
Tech startups raise more than £12bn in 2022 to date
The £12.4bn in venture capital raised is more than was raised in the whole of 2020, putting the UK ahead of every country other than the US Continue Reading
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News
09 Jun 2022
More wrongful convictions quashed in Post Office IT scandal
Two more Post Office Horizon scandal victims have had their wrongful convictions overturned Continue Reading
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E-Zine
31 May 2022
Trial and error – why the law on computer evidence must change
In this week’s Computer Weekly, the Post Office IT scandal highlighted the problem with computer evidence – we examine the need for legal reform. We assess the nuclear option for sustainable datacentre power. And we find out how IT experts can improve their soft skills and boost their career prospects as a result. Read the issue now. Continue Reading
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News
26 May 2022
The barristers that broke their backs to break the Post Office’s shield of lies
Computer Weekly spoke to the barristers at Henderson Chambers that fought the Post Office in the High Court to expose the widest miscarriage of justice in UK history Continue Reading
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News
17 May 2022
Post Office scandal victim calls for government’s role in silencing victims to be investigated
Victims of the Post Office Horizon scandal in Scotland raise further questions about Post Office and government conduct Continue Reading
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News
17 May 2022
Controversial Post Office IT system to be replaced by 2025
Work is ongoing by the Post Office to replace the controversial Horizon retail and accounting system used in nearly 12,000 branches Continue Reading
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News
11 May 2022
Sapphire 2022: Klein majors on sustainability and supply chain resilience
At SAP’s first in-person Sapphire customer conference in three years, CEO Christian Klein and his top team revisited the themes of sustainability and supply chain resilience, which were prominent in 2020 and 2021 Continue Reading
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News
10 May 2022
CCRC to contact 88 more former subpostmasters with potentially wrongful convictions
The Criminal Cases Review Commission is to contact 88 more potentially wrongfully convicted Post Office workers Continue Reading
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News
10 May 2022
Post Office scandal inquiry chair brings forward urgent compensation hearings
The chair of the Post Office Horizon scandal inquiry has brought forward hearings about compensation as victims warn that at this rate “people will die” before they get anything Continue Reading
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News
09 May 2022
Post Office scandal victims in Scotland to tell their stories, raising questions of law
Inquiry into Post Office scandal moves to Scotland, with differences in English and Scottish law raising further serious questions about subpostmaster prosecutions Continue Reading
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News
06 May 2022
How Rimini Street is growing its footprint in ASEAN
Rimini Street is expanding its reach in ASEAN as more companies, such as Malaysian carmaker Proton, look for cheaper software maintenance options Continue Reading
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News
04 May 2022
Judicial intervention 'inevitable' as Post Office compensation valuation falls short
Lawyer negotiating compensation for victims of Post Office scandal says the two sides are 'poles apart' on valuations Continue Reading
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News
03 May 2022
Post Office scandal CEO could be stripped of CBE
Honours Forfeiture Committee to review Paula Vennells’ CBE in the light of Post Office scandal Continue Reading