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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Feature
28 Apr 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
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
28 Nov 2018
FCA deeply concerned as no end in sight for IT failures in banking
The FCA has reported a massive increase in the number of banking IT failures in the UK and admitted there is no end in sight Continue Reading
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News
28 Nov 2018
UK competition watchdog concerned with PayPal’s fintech acquisition
Competition and Markets Authority fears $2.2bn deal could reduce competition for payment services in the UK Continue Reading
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News
27 Nov 2018
Treasury Committee launches inquiry into bank IT failures
With IT outages in the financial sector a regular occurrence, the Treasury Committee is investigating the causes and consequences of these failures, and what industry and regulators are doing to promote resilience Continue Reading
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News
27 Nov 2018
High Court trial over Horizon computer system completes witness cross-examinations
The High Court trial in which subpostmasters are suing the Post Office has reached an important stage Continue Reading
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Podcast
21 Nov 2018
Digital finance transformation lets CFOs shift focus to value
In a podcast from the MIT Sloan CFO Summit, Ash Noah of the Association of International Certified Professional Accountants explains how digital technology is helping finance to polish a value lens that guides the business. Continue Reading
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News
21 Nov 2018
Post Office held back information about Horizon IT system errors
Post Office director admits to Horizon errors and not sharing details with subpostmaster network Continue Reading
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News
16 Nov 2018
Post Office executives cross-examined in Horizon IT system trial
A High Court trial, where subpostmasters are suing the Post Office for damages caused by an allegedly faulty IT system, ended its second week. Continue Reading
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News
15 Nov 2018
The Gym Group flexes its muscles with data analytics
No-frills fitness company The Gym Group is using analytics technology to find insights from its financial, HR and membership data, as it limbers up for rapid expansion in the UK Continue Reading
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News
14 Nov 2018
NetSuite finds sweet spot in Asia
With a fast-growing economy and government programmes to drive digital transformation, Asia is proving to be fertile ground for the cloud ERP pioneer Continue Reading
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News
13 Nov 2018
Sweden’s central bank to test digital currency
Riksbank e-krona initiative follows government plan for a cashless society by 2030 Continue Reading
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News
13 Nov 2018
Post Office trial throws up known problem with Horizon system
High Court case in which subpostmasters are suing the Post Office has revealed a known problem with the computer system at the core of the dispute Continue Reading
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News
12 Nov 2018
Singapore’s Redmart finds speed and agility with cloud ERP
Online grocer has slashed the time it takes to close the books from more than a week to just three days with Oracle’s cloud-based financial application Continue Reading
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News
09 Nov 2018
High court Post Office trial puts subpostmasters’ contract under microscope
Case against Post Office in relation to allegedly faulty computer system begins in High Court Continue Reading
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E-Zine
08 Nov 2018
CW Benelux: Bikes face scooter challenge in Netherlands
The concept of rental scooters is perfect for the Netherlands, where bicycles are already the most widely used method of transport. Scooter startups see the potential to apply the latest smart technologies to the concept, but regulations could be a barrier. Also in this issue, read how chatbots are taking off with Dutch organisations, with KLM's chatbot a pioneering example, and find out how Dutch bank ING is getting a financial boost from an employee performance management rethink. Continue Reading
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E-Zine
06 Nov 2018
Post Office IT system goes on trial
In this week’s Computer Weekly, 10 years after we revealed concerns over the Post Office’s Horizon accounting system, affected subpostmasters finally get their day in court. We look at how businesses are turning to wearable technology to help employees stay healthy. And we analyse the key players and products in the market for object storage. Read the issue now. Continue Reading
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News
05 Nov 2018
Deutsche Bank to create cloud-based digital cheque processing system
German banking giant Deutsche Bank will replace manual and paper-intensive cheque processing methods with an automated system in the cloud Continue Reading
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Blog Post
02 Nov 2018
Fidor Bank to separate from BCPE after short marriage
The integration of digital bank Fidor to BCPE's business fails to materialise Continue Reading
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News
01 Nov 2018
SAP’s Atzberger vaunts front to back office capability
Alex Atzberger, president, SAP Customer Experience, recently went through the company’s customer-focused software strategy with Computer Weekly Continue Reading
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News
01 Nov 2018
How Bahrain plans to become a regional fintech hub
Bahrain is a small island with big plans for its financial technology industry Continue Reading
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News
30 Oct 2018
Traditional financial services firms face extinction within 12 years
A large number of large banks could disappear within 12 years unless they change business models and economics Continue Reading
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News
29 Oct 2018
Why subpostmasters and Post Office are battling it out in the High Court
After over a decade of controversy, next week marks the beginning of a court battle between subpostmasters and the Post Office over allegations of faults in an accounting system leading to unfair prosecutions Continue Reading
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Opinion
26 Oct 2018
The lesson of TSB – testing, 1, 2, 3
An organisation’s IT system might look good on the surface, but you can’t fix a problem if you don’t know it’s there Continue Reading
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News
24 Oct 2018
Oracle Open World 2018: CEO Mark Hurd says SAP ERP customers will defect
Oracle co-CEO Mark Hurd opined at Open World that SAP ECC6 customers will defect, in some measure, to Oracle in preference to S/4 Hana Continue Reading
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News
23 Oct 2018
Software suites will dominate the business applications market
Oracle co-CEO Mark Hurd contends that having a common user interface and the ability to support data flows across a business are key capabilities that will spur the dominance of software suites over time Continue Reading
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News
19 Oct 2018
Russians using less cash after accelerated use of electronic payments
Russians are increasingly using electronic payments rather than cash, a recent study by Sberbank has found Continue Reading
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News
18 Oct 2018
SAP Q3 2018: Cloud revenue up 39%
SAP’s Q3 2018 results show cloud revenue now at 22% of total and indicate momentum. S/4 Hana customers number 9,500 Continue Reading
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Blog Post
12 Oct 2018
The fintech interview: Part 4 Akoni
Finetch Akoni brings corporate treasury capabilities to the SME sector with Google functionality the Holy Grail Continue Reading
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E-Zine
11 Oct 2018
CW Middle East: Middle East warms to humanoid robots
Countries in the Middle East are warming to humanoid robotics, robotic process automation and artificial intelligence as these technologies become widely accepted globally. Also in this issue, read why Saudi Arabia has called on London’s fintechs to set up in the country with the promise of government support, and find out how the Gulf Warehousing Company has introduced cloud-based technology to replace paper processes used by its HR department. Continue Reading
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Blog Post
11 Oct 2018
Is Indian tech sector a threat or opportunity to UK’s fintech sector?
India is an opportunity and a threat when it comes to any tech focused sector and the UK government wants to ensure it is a friend in Fintech. Continue Reading
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Blog Post
10 Oct 2018
Taming the flow monster in real-time payments
This is a guest post by Bhupendra Warathe, chief information officer for corporate and institutional Banking, information technology and operations at Standard Chartered Bank As the world adopts ... Continue Reading
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News
09 Oct 2018
Blockchain adoption hotting up in Australia
The emerging technology is being tested in several industries in a country aspiring to be a global leader in blockchain development Continue Reading
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Blog Post
09 Oct 2018
IT professionals losing faith in direction IT is going at banks
Banking IT professional speaks out against worrying software development methods used in the UK Continue Reading
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Blog Post
05 Oct 2018
The fintech interview: Part 3 Wrisk
Read how UK insurtech Wrisk was born and raised Continue Reading
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Blog Post
03 Oct 2018
Why do UK banks suffer more software failures than those in other countries?
Why do UK banks suffer more outages than banks in other countries? Continue Reading
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News
02 Oct 2018
Filling the blockchain chasm
Blockchain as a term is becoming common language, but there is a long way to go before it will mean anything to the performance of most organisations Continue Reading
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News
02 Oct 2018
Government explores blockchain to make buying and selling property easier and cheaper
HM Land Registry moves into the next phase of a project that will use the latest technologies to speed up property transactions Continue Reading
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Blog Post
02 Oct 2018
UK Blockchain startups, who are you?
Who are the UK companies trying to have a share of the trillions of pounds that will be created by the Blockchain industries Continue Reading
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News
28 Sep 2018
No let-up in digital banking glitches as TSB and HSBC customers are hit on payday
Online and mobile app banking outages continue to increase in regularity as TSB and HSBC customers report problems Continue Reading
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Blog Post
25 Sep 2018
The fintech interview: Part 1 Taina Technology
The fintech industry is maturing to the point that it now has subcategories, find out about some of the companies making hay in the sector. Continue Reading
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News
21 Sep 2018
RBS, Barclays and NatWest customers suffer more mobile banking outages
Banks apologise for problems that have affected mobile and internet banking services Continue Reading
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Blog Post
21 Sep 2018
What if a small fintech could replace global giant Allianz in corporate deal?
An insurtech company set up a few years ago has dislodged 130 year old global insurance giant Allianz in BMW deal Continue Reading
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Blog Post
20 Sep 2018
A battle between big tech firms and banks can only help fintechs
If banks and big tech firms go head to head for customers fintechs will benefit because the banks need them if they are to have any chance of winning the customer satisfaction battle Continue Reading
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News
18 Sep 2018
Oracle first-quarter 2018-19 results show weak growth
Oracle’s first-quarter results for 2018-19 reveal $9.2bn revenue and 1% growth, with co-CEO Mark Hurd calling out “spectacular growth” for the NetSuite cloud ERP for SMEs business Continue Reading
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News
14 Sep 2018
How SAP is riding on Asia’s growth story
The enterprise software behemoth’s Asia-Pacific business is growing and believes its latest C/4 Hana suite is uniquely geared to the scale of the region Continue Reading
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News
13 Sep 2018
Tech Nation startup programme demonstrates richness of UK fintech
A Tech Nation programme to support the UK's financial technology startups demonstrates the increasingly diverse range of business-to-business products and services available through the country's fintech community Continue Reading
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News
07 Sep 2018
RBS announces branch closures as part of cancelled project to create challenger bank
The Royal Bank of Scotland has announced more branch closures and job losses as digital transformation continues to transform the sector Continue Reading
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Blog Post
07 Sep 2018
If Virgin Money combines with Clydesdale and Yorkshire its digital bank project could be canned
Virgin Mooney will probably scrap its plan to build a digital bank if it merges with Clydesdale and Yorkshire banks, because the latter already has an established bank. Continue Reading
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News
05 Sep 2018
The fintech startups to watch in the UK
Tech Nation’s choice of fintech companies to back reflects the changes expected to hit financial services IT Continue Reading
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News
04 Sep 2018
Element AI teams up with AI Singapore
The Canadian upstart is co-developing AI applications for local industries as part of its efforts to build new research capabilities via local talent pools Continue Reading
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News
04 Sep 2018
TSB CEO out after months of IT problems
TSB’s CEO, Paul Pester, is stepping down after the bank and its customers were beset by another round of IT problems Continue Reading
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News
22 Aug 2018
JP Morgan fintech strategy widens retail trading
Bank’s digital You Invest service opens up trading opportunities to millions of customers Continue Reading
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News
14 Aug 2018
How Unit4 punches above its weight in APAC
The supplier of enterprise resource planning software is giving users the ability to tweak its software easily without the need for consultants, turning the traditional enterprise software business model on its head Continue Reading
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News
09 Aug 2018
Rentokil robot Trevor kills off mundane processes
Pest control firm has deployed artificial intelligence robots to take out manual processes and progress its learning organisation approach Continue Reading
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Blog Post
09 Aug 2018
Banking as a service could help challenger bank expand and profit
Fintech driven challenger banks could make white label banking services attractive to businesses in various consumer facing sectors Continue Reading
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News
06 Aug 2018
Starling raises the fintech stakes with banking-as-a-service
Challenger bank enables companies outside the financial sector to offer their customers savings and current accounts via the bank’s APIs Continue Reading
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News
31 Jul 2018
UK fintech investment exceeds US and China
Financial technology investments in the UK have surpassed those made in the US and China Continue Reading
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News
30 Jul 2018
IBM and CLS to work on blockchain app store
IBM and foreign exchange settlement provider CLS are using their complimentary expertise to create an app store for finance firms using distributed ledger technology Continue Reading
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News
30 Jul 2018
Dubai disputes court and Smart Dubai partner to apply blockchain
Organisations in Dubai are working on developing the principal of blockchain-based courts Continue Reading
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Blog Post
27 Jul 2018
Five things to consider when joining Open Banking revolution
Open Banking has arrived and will gather pace over the coming tears, but what should organisations consider when they join the revolution Continue Reading
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News
27 Jul 2018
IT meltdown pushes TSB into loss
Bank is feeling the effects of its recent IT problems, reporting a loss of more than £100m for the first six months of 2018 Continue Reading
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News
24 Jul 2018
Capital markets firms to ramp up public cloud spending
Companies in the investment sector are increasingly using the public cloud to improve access to business-critical data Continue Reading
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News
24 Jul 2018
Nordnet drops AI assistant while SEB deepens collaboration
One Nordic bank decides to stop using cognitive agent Amelia to focus on other AI technologies, but another widens the use of the software Continue Reading
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News
20 Jul 2018
Brussels aims to become an insurtech hub
Belgian capital is calling on startups as it eyes up the huge opportunities in the insurance technology sector Continue Reading
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News
20 Jul 2018
Cloud sales stoke Microsoft’s strong growth
Microsoft says cloud-based Office products made a huge contribution to sales growth Continue Reading
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News
19 Jul 2018
SAP Q2 2018: Cloud revenue shows momentum, 600 more S/4 customers
SAP’s second-quarter results show cloud revenue now at one-fifth of total, indicating momentum. S/4 Hana customers now number 8,900 Continue Reading
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News
17 Jul 2018
Saudi Arabia entices UK fintechs to its shores
Saudi Arabia is offering fintechs from other countries the opportunity to access its large internal market Continue Reading
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E-Zine
12 Jul 2018
CW Middle East: Can Saudi Arabia build the Silicon Valley of the Middle East?
In April this year, Saudi Arabia’s crown prince Mohammed Bin Salman visited Silicon Valley in the US to meet tech giants such as Apple and Amazon in its efforts to fast-forward the kingdom’s technology capabilities. Read about its lofty ambitions. Also in this issue, read how demand for skilled IT professionals is increasing rapidly in the Middle East, which is facing a talent crunch. Meanwhile, Gulf Cooperation Council smart city initiatives are gathering momentum. Continue Reading
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News
11 Jul 2018
UK fintech industry fears Brexit-induced talent squeeze
London’s financial technology community warns of problems ahead as the reality of the UK leaving the EU unfolds Continue Reading
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News
06 Jul 2018
Investment flows into Nordic startups from all directions
The Nordic tech startup scene is attracting funding from a variety of sources, with private equity firms, banks and traditional IT companies all keen to put money in Continue Reading
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Blog Post
04 Jul 2018
London fintechs managed by Oracle's Brussels arm: a shock a few years ago, but not today
Not that surprising in this day and age that a large software company puts its European fintech resources in a city other than London Continue Reading
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News
02 Jul 2018
Case study: Logistics firm GWC moves from paper to digital HR in three months
Qatar-based logistics firm Gulf Warehousing Company introduced smart appraisals for employees, cut the time it takes to recruit, and gave staff and managers access to accurate HR data by replacing paper systems with human resources software Continue Reading
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News
02 Jul 2018
Oracle decides on Brussels for European fintech innovation centre
Software giant Oracle chooses Brussels as the centre of its European financial technology innovation programme Continue Reading
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News
27 Jun 2018
Nationwide Building Society to fund tech startups to the tune of £50m
With an available fund of £50m, Nationwide Building Society is the latest traditional financial services provider to support tech startups Continue Reading
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News
22 Jun 2018
IBM early findings on disastrous TSB core banking system migration released
Report released by Treasury Committee criticises lack of rigour in preparation for core banking system migration, but TSB says report’s content is out of date Continue Reading
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News
19 Jun 2018
Young generation tempted by Amazon bank-like services
Tech firms offering banking services will be inevitable in the future as more than half of young people are tempted by such a prospect Continue Reading
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E-Zine
14 Jun 2018
CW Europe: Lufthansa’s HR IT project takes off
Lufthansa says it is confident of landing a company-wide HR IT project after having to go back to the drawing board. Also in this issue, read about the ComputerWeekly/TechTarget IT Priorities survey’s findings that many European technology leaders are expecting to increase IT spending through 2018, and how a major report has reassured Swedish society that artificial intelligence will be a positive force for change despite fears of job losses. Continue Reading
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News
06 Jun 2018
Sapphire 2018: SAP will take over CRM market, says McDermott
SAP’s chief executive Bill McDermott tells 2018 Sapphire conference the supplier will storm the CRM market with its C/4 Hana business applications suite Continue Reading
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Blog Post
04 Jun 2018
Xero highlights the role of the modern software ecosystem
I recently caught up with Gary Turner, co-founder and managing of director of Xero. I was interested in meeting him as Xero has a reputation as the company that broke all the rules of ... Continue Reading
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News
04 Jun 2018
Subpostmasters told to expect decision on alleged unfair prosecutions in August
The Criminal Courts Review Commission is expected to announce the findings of an investigation into alleged unfair subpostmaster prosecutions in August Continue Reading
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News
01 Jun 2018
Visa card payments system goes down across the UK and Ireland
Millions of businesses across the UK and Ireland are unable to accept VIsa card payments because of a "service disruption" Continue Reading
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News
23 May 2018
Singapore to adopt European e-invoicing standard
The city-state is the first country outside Europe to embrace the Peppol e-invoicing standard to speed up business transactions and lower operating costs for SMEs Continue Reading
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Blog Post
22 May 2018
The UK fintech economy will create different pockets of excellence all over the country
London should not be seen as competition for fintechs in the North and they should not try to emulate London's fintech model Continue Reading
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News
22 May 2018
A third of people would buy insurance from Google or Amazon
Consumers are increasingly likely to buy insurance from tech giants as the insurtech industry hits the mainstream Continue Reading
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News
17 May 2018
Case study: British Airways’ global B2B sales gathered under Salesforce cloud
British Airways has gathered its international business-to-business sales under Salesforce Sales Cloud to bust silos Continue Reading
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News
16 May 2018
Nordic banks plan major digital transformation of operations
Banks in the Nordic region are set to accelerate their spending on technology as digital services take-up accelerates Continue Reading
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Blog Post
15 May 2018
Higher interest rates would tempt me even though TSB has just had an IT disaster
I would be tempted to move to a bank that offered higher interest rates even though it had just had an IT disaster Continue Reading
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News
15 May 2018
TSB refused help from Lloyds as IT meltdown began
TSB turned down an offer of help from Lloyds Banking Group as the migration of customers accounts to its new banking system went wrong Continue Reading
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News
15 May 2018
Santander latest traditional player to open digital bank
Santander is the latest traditional bank to follow an industry trend and develop a digital banking unit Continue Reading
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News
14 May 2018
HSBC blockchain trial proves trade finance utility model
HSBC and ING used blockchain to successfully complete a real-world trade financing transaction as part of a pilot Continue Reading
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News
11 May 2018
Virgin Trains on using AI and virtual reality to boost customer experience
Speaking at the Knowledge 18 ServiceNow conference in Las Vegas, Virgin Trains outlined the potential role immersive and data-driven technologies can play in improving customer experience Continue Reading
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Opinion
11 May 2018
Building a tech future between the UK and India
A new tech partnership between the UK and India will benefit the digital economy in both countries, says secretary of state for digital, culture, media and sport Matt Hancock Continue Reading
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E-Zine
10 May 2018
CW Benelux: Rotterdam charts course to become world’s smartest port
The Port of Rotterdam in the Netherlands is using internet of things and artificial intelligence technology from IBM in a bid to become the world’s smartest port. Also read how companies in the Netherlands are only partly ready for the country’s version of the EU’s General Data Protection Regulation (GDPR), and why the European Central Bank thinks cash will remain in use in the Eurozone for a very long time. Continue Reading
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News
09 May 2018
NatWest fintech investments bear fruit as SME loans platform goes live
Online lending platform enables small businesses to apply for loans of up to £150,000 in 10 minutes Continue Reading
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News
09 May 2018
HSBC launches open banking app
In line with open banking regulation, HSBC has launched an app that enables users to see accounts from 21 different banks in one place Continue Reading
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News
08 May 2018
TSB offers interest rate sweetener as IT issues continue at the bank
TSB is offering customers higher interest rate to go towards making up for the problems its core banking system migration caused customers Continue Reading
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News
02 May 2018
Workday to continue investing heavily in APAC
Cloud applications supplier has increased its investments in the region by more than 50% in the past year, and is looking to maintain its double-digit growth in international markets Continue Reading
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E-Zine
01 May 2018
Making music with AI
In this week’s Computer Weekly, we look at how artificial intelligence is being used in the creative industries such as music and books, and ask whether AI can ever replace human creativity. TSB’s IT meltdown is symptomatic of the tech challenges facing UK banks – we examine the issues. And our latest buyer’s guide analyses the trends in big data. Read the issue now. Continue Reading
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Blog Post
01 May 2018
Could Agile and DevOps be to blame for banking IT failures?
Is the use of Agile and Devops partly to blame fir the increasing number of IT failures at banks on recent years and is there anther way? Continue Reading
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Blog Post
30 Apr 2018
Fintech professional’s tech predictions: 6– Banks to sell more unbranded services to websites
Banks are taking their brand names off the high street and might increasingly do so for services they offer to ecommerce companies Continue Reading
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Blog Post
27 Apr 2018
How machine learning is used to detect fraud
One of machine learning’s most well-known use cases is fraud detection, an area that has drawn the attention of a growing number of technology suppliers looking to develop the best algorithms and ... Continue Reading