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
02 Jul 2024
Nordic banks pursue AI in battle with digital competitors
Traditional Nordic banks are raising their investments in artificial intelligence to help them retain market share in increasingly populated sector Continue Reading
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News
15 Jan 2024
Santander bank added 4,500 tech staff last year
Santander added thousands of IT staff to its global operation last year, as part of its digital transformation Continue Reading
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News
06 Sep 2021
Saudi tourism development fund goes cloud-first with Oracle
$4bn fund will be used to invest in developing Saudi Arabia’s tourism industry as the country reduces its economic reliance on oil and gas Continue Reading
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News
31 Aug 2021
Subpostmasters demand more clarity on Horizon public inquiry before committing their support
Subpostmaster campaign group founder demands that financial redress for members be included in public inquiry before it ‘willingly’ participates Continue Reading
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Opinion
25 Aug 2021
Basel III: How fintech can provide allocated gold for banks
Banking rules that were over 10 years in the making as a response to the financial crisis have finally come into effect, marking a seismic shift for European banks and their dealings with gold – potentially completely altering the landscape of precious metal investment. Sylvia Carrasco, CEO of Goldex, explains Continue Reading
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News
19 Aug 2021
Challenger banks make reputational gains in business banking
The business banking sector is a big target for digital challengers and some are already building good reputations in the market Continue Reading
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News
17 Aug 2021
Overturned convictions of subpostmasters mount up, but 555 victims no closer to justice
The government has failed to provide fair compensation to the subpostmasters who exposed the full extent of the Horizon scandal to the world Continue Reading
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News
11 Aug 2021
Hacker makes off with $600m in world’s largest crypto-heist
Despite bagging $600m worth of cryptocurrency in what has been described as the biggest decentralised finance hack, the hacker has already started returning the funds Continue Reading
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News
11 Aug 2021
Four more subpostmasters set to have convictions overturned
A further four subpostmasters are set to have their wrongful convictions overturned in the latest development in the Post Office Horizon scandal Continue Reading
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News
11 Aug 2021
Global fintech investments reach new heights
The global financial technology industry is emerging from the pandemic-triggered slowdown with record levels of investment to fuel further growth Continue Reading
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News
05 Aug 2021
SAP customers more alert to internal than external threats
SAP customers are more concerned by insider threats than by external attacks, according to a report. And yet the average SAP customer has around 2,500 vulnerabilities within their customised SAP code Continue Reading
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Podcast
03 Aug 2021
DWP IR35 bill, women in tech – Computer Weekly Downtime Upload podcast
In this episode of the Computer Weekly Downtime Upload, Caroline Donnelly, Clare McDonald and Brian McKenna speak about the DWP’s IR35 tax bill, the Most Influential Women in UK Technology, and company culture Continue Reading
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News
27 Jul 2021
Gaming could reduce the gamble for users of online finance
Financial gaming platform designed to educate the increasing number of amateur traders Continue Reading
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News
22 Jul 2021
Government to fund interim compensation of up to £100,000 for each wrongly convicted subpostmaster
The government will pay interim compensation within weeks to subpostmasters who were wrongly convicted of crimes due to computer errors Continue Reading
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News
21 Jul 2021
Interview: Chano Fernandez, co-CEO of Workday – a European co-helming a Californian enterprise
Chano Fernandez, co-CEO of Workday, explains how the company’s storied and humane employee culture needs constant tending, and looks forward to a post-Covid acceleration Continue Reading
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News
19 Jul 2021
A dozen more subpostmaster prosecutions quashed in Horizon scandal
Twelve more former subpostmasters have had wrongful convictions for financial crimes overturned in the Court of Appeal Continue Reading
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News
15 Jul 2021
Fintech sector continues to attract investment as Revolut hits $33bn valuation
Revolut has become the most valuable financial technology firm in the UK after its latest round of investment, with plans for a ‘superapp’ Continue Reading
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News
14 Jul 2021
EC approves pan-Nordic payments platform
Pan-Nordic payments platform will move to its next phase after receiving merger approval from the European Commission Continue Reading
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News
13 Jul 2021
Oracle’s Miranda advances customer wins against SAP for cloud applications suite
Steve Miranda, executive vice-president of applications development for Oracle globally, is showcasing three US customer wins against SAP at the supplier’s quarterly Oracle Live event Continue Reading
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News
13 Jul 2021
Automation is key to digital transformation
Automation will enable IT teams to focus on driving transformative projects instead of supporting tasks that can be automated, says UiPath CEO Daniel Dines Continue Reading
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News
12 Jul 2021
Taxpayers will have to pay at least £300m to bail out Post Office after scandal
The cost of a scheme set up to compensate subpostmasters who were victims of the Horizon IT scandal will exceed £300m even before damages are paid to all those who suffered Continue Reading
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News
09 Jul 2021
Government commitment to Post Office Horizon victims was a ‘false promise’
The government has made no contact with subpostmasters two months after it said it would work with them to ensure they get speedy and fair compensation for their losses as a result of Post Office IT scandal Continue Reading
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Feature
07 Jul 2021
Oracle Fusion cloud applications pathways tend towards pragmatic
Oracle’s full suite of cloud applications can be a pragmatic step-by-step journey for customers – we look at some examples Continue Reading
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News
01 Jul 2021
Ten more former subpostmasters set to have wrongful convictions overturned
Another 10 subpostmasters are set to have their criminal convictions quashed as part of one of the biggest miscarriage of justice in British history Continue Reading
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News
01 Jul 2021
SAP claims ‘huge momentum’ for Rise in APAC
A top SAP executive claims the region is leading the way in the ‘Rise with SAP’ cloud transformation programme which has been bolstered with modular cloud enterprise resource planning offerings Continue Reading
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News
29 Jun 2021
Bank branches will be a thing of the past in five years, say bankers
Traditional bank branches are likely to disappear from the high street in the next five years, but banking ecosystems will ensure customer service levels are high, say bankers Continue Reading
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News
28 Jun 2021
Zopa Bank to make profit in its first year
Bank set up by peer-to-peer lending fintech firm expected to make a profit in its first year Continue Reading
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News
28 Jun 2021
German merger to fuel savings fintech expansion
German savings fintechs merge and plan European and US expansion Continue Reading
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News
21 Jun 2021
Post Office pays 400 subpostmasters compensation for losses caused by computer errors
The Post Office has so far compensated 400 subpostmasters who suffered losses because of errors in the organisation’s Horizon computer system Continue Reading
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News
18 Jun 2021
Digital banks could dominate once baby boomers pass on their wealth
Traditional banks face challenges in the coming years due to an increasing number of millennials only using digital banks Continue Reading
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News
16 Jun 2021
Contactless payments accounted for a quarter of all UK payments in 2020
Restrictions in everyday life brought by the Covid-19 pandemic fuelled an increase in the use of contactless payment technology during 2020 Continue Reading
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E-Zine
15 Jun 2021
Discovering great ideas – innovation at the Discovery Channel
In this week’s Computer Weekly, we talk to the owner of the Discovery Channel about how collaboration software enabled a culture of innovation. Our latest buyer’s guide looks at developments in cloud printing technology. And we hear from the technology chief at Rightmove about the online property site’s digital transformation. Read the issue now. Continue Reading
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News
14 Jun 2021
HammondCare takes procurement to the cloud
The Australian health and aged care provider migrated its procurement and invoicing systems to the cloud in just six months to improve efficiency and security Continue Reading
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News
09 Jun 2021
BBVA to cut 3,000 jobs in Spain as digital technology transforms industry
Spanish bank is the latest to announce swingeing branch and job cuts amid increased digital competition Continue Reading
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News
08 Jun 2021
Did government allow Post Office to sack forensic accountants to cover up Horizon scandal?
Whatever the Post Office told government about its decision to sack investigators examining subpostmaster prosecutions for theft could identify if the government was part of a cover-up Continue Reading
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News
07 Jun 2021
Bank of England calls for feedback on digital currencies
The UK financial services regulator is calling for feedback from organisations, including tech firms, on the use of cryptocurrency Continue Reading
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News
01 Jun 2021
Post Office scandal public inquiry finally begins after chances to address problems were ignored
The Post Office Horizon scandal inquiry begins with subpostmaster campaign group waiting for full details before committing its support Continue Reading
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News
31 May 2021
Great Eastern doubles down on data analytics
Singapore insurer Great Eastern has started a centre of excellence to drive adoption of data analytics and hone its capabilities in data governance and data engineering Continue Reading
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News
27 May 2021
BCS demands reform to rules on computer evidence following Post Office Horizon scandal revelations
Professional IT body wants changes to how computer evidence is used in court in the wake of the Post Office case Continue Reading
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News
26 May 2021
‘It's a good day when we refer a case,’ CCRC tells MPs during review of Post Office prosecutions
Criminal Cases Review Commission will not allow pressure on its resources to prevent subpostmasters seeking a review of their criminal convictions Continue Reading
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News
20 May 2021
Subpostmaster campaign group to meet Post Office scandal inquiry chair
The subpostmaster campaign group JFSA refused to cooperate with initial inquiry because it ‘lacked teeth’, but is now willing to talk after it was put on a statutory footing Continue Reading
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News
14 May 2021
More former subpostmasters have criminal convictions quashed
Two former subpostmasters pushed to the brink of suicide after being convicted for financial crimes finally have their names cleared Continue Reading
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E-Zine
13 May 2021
CW Benelux: Netherlands university launches centre of expertise in applied AI
Amsterdam University of Applied Sciences has launched a centre of expertise in applied artificial intelligence, and students from all faculties of the university will learn how to apply AI in their field of study. Also in this issue, read why a training ‘roadmap’ is needed to get Netherlands police officers up to speed with tackling cyber crime. Continue Reading
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News
12 May 2021
Fujitsu bags £3bn in public sector contracts while software errors wreck the lives of subpostmasters
The supplier at the centre of the Post Office Horizon scandal has so far escaped the ramifications of its role in the biggest miscarriage of justice in UK history Continue Reading
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Opinion
11 May 2021
Why the Post Office Horizon scandal kept me awake at night
Reverend Richard Coles tells Computer Weekly why there needs to be a statutory public inquiry into the Post Office Horizon scandal Continue Reading
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News
10 May 2021
Miscarriages of justice are the potent tip of Post Office scandal
The miscarriages of justice involving subpostmasters are the most disturbing element of the Post Office Horizon scandal – but it goes much deeper Continue Reading
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News
07 May 2021
Post Office contacts over 500 subpostmasters potentially wrongly prosecuted for financial crimes
The Post Office has contacted hundreds of people it might have wrongly prosecuted for financial crimes Continue Reading
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News
07 May 2021
Minister promises ‘fair and speedy’ compensation for 555 subpostmasters who defeated Post Office
Government says it wants to ensure a fair pay-out for the 555 subpostmasters who defeated the Post Office in a legal battle but were then excluded from the resulting compensation scheme Continue Reading
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News
05 May 2021
Post Office dishonesty in Horizon scandal is reason enough for statutory public inquiry
Subpostmasters, MPs and the public call for a full statutory judge-led public inquiry into the Post Office Horizon scandal, following another damning court judgment Continue Reading
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News
26 Apr 2021
Another 38 subpostmasters submit appeals against convictions
The biggest miscarriage of justice in UK history is set to get bigger as more subpostmasters take their cases to the Court of Appeal Continue Reading
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News
26 Apr 2021
Post Office scandal CEO steps down from roles after massive miscarriage of justice is laid bare
Former Post Office CEO Paula Vennells has left roles in the church, Morrisons and Dunelm after postmasters’ convictions were overturned in the Court of Appeal Continue Reading
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Feature
26 Apr 2021
How AI and automation drive better customer service
Forrester analysts explore the benefits of combining artificial intelligence with automation Continue Reading
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News
23 Apr 2021
Post Office scandal victims have criminal convictions overturned in Court of Appeal
Subpostmasters have their criminal convictions overturned after a judge rules that the Post Office prosecuted them without investigating computer errors Continue Reading
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News
22 Apr 2021
SAP Q1 2021: Revenue nudges up 2% year-on-year, S/4 adoption up 2.5% on prior quarter
SAP has reported first quarter 2021 revenue of €6.35bn, up 2% on the same year-ago quarter. Cloud revenue has increased by 1% year-on-year, and S/4 adoption is up 2.5% on the previous quarter Continue Reading
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Opinion
16 Apr 2021
Post Office’s full and final settlement with Horizon scandal victims in plain English
The legal settlement with subpostmaster victims of the Horizon scandal that the government and the Post Office say is “full and final” is anything but Continue Reading
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News
15 Apr 2021
Only government standing in the way of fair compensation for subpostmasters
The UK government is the only block to fair compensation for subpostmasters who were wrongly punished for accounting shortfalls Continue Reading
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News
11 Apr 2021
Executive interview: Unleashing blockchain’s potential
Labrys founder and CEO Lachlan Feeney offers his observations about blockchain adoption in Australia, and what his firm is doing to help organisations unleash the full potential of the technology Continue Reading
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News
08 Apr 2021
Post Office Horizon contract extension is part of project to bring Fujitsu work in-house
The Post Office is to move work done by Fujitsu in-house when its outsourcing contract ends, and is already recruiting IT experts Continue Reading
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News
07 Apr 2021
A billion extra contactless payments in year since limit increase
Visa said there was an extra one billion contactless payments made by its customers last year Continue Reading
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News
07 Apr 2021
Post Office gives controversial Fujitsu contract another year
The Post Office's controversial contract with Fujitsu has been extended another year to help the organisation manage its exit Continue Reading
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News
06 Apr 2021
Demands for changes to ‘barmy’ rules on digital evidence have government’s ear
The government is listening to calls for changes in how digital evidence is considered in court, as Post Office IT scandal spells out current rule's inadequacy Continue Reading
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News
29 Mar 2021
CW Innovation Awards: How DBS is transforming credit processes
DBS Bank’s credit architecture programme has digitised and reimagined credit processes through a unified platform that has improved the productivity and efficiency of its credit teams Continue Reading
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News
25 Mar 2021
Government faces judicial review into plans for Post Office Horizon inquiry
Subpostmasters that suffered great hardship at the hands of the Post Office are applying for a judicial review of a government inquiry into the scandal, which they see as a "whitewash" Continue Reading
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News
24 Mar 2021
Ex-Post Office CEO Paula Vennells walked away from IT scandal with over £400,000 in pay and bonuses
Former Post Office chief was paid over £400,000 when she left despite the organisation being involved in what would become the biggest miscarriage of justice in UK history Continue Reading
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News
24 Mar 2021
Covid-torn supply chains speed cloud adoption, says Oracle’s Miranda
Second wave of pandemic has seen some Oracle customers speed up adoption and others attend to some enterprise software housekeeping Continue Reading
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News
24 Mar 2021
Post Office was told in 2013 that Fujitsu witness was unreliable in subpostmaster prosecutions
The Post Office was warned that a former Fujitsu employee had misled courts when giving evidence on its behalf Continue Reading
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News
23 Mar 2021
NUHS taps RPA in Covid-19 swab tests
Singapore’s National University Health System deploys RPA bots to automate patient registration during Covid-19 swab tests as part of broader efforts to improve efficiency Continue Reading
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Feature
23 Mar 2021
Anti-money laundering technology must operate in a collaborative ecosystem
With new technologies making it easier for banks to spot money laundering activity, we look at why the problem persists at scale, finding that ecosystems and collaborative processes need to be built Continue Reading
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News
22 Mar 2021
Post Office staff instructed to shred documents that undermined its claims Horizon was robust
Barrister advising the Post Office in 2013 stated that destroying documents would "amount to a conspiracy to pervert the course of justice" Continue Reading
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News
19 Mar 2021
Post Office IT scandal executive forced out of job at Football Association of Wales
Angela van den Bogerd has left her role at the Football Association of Wales, following criticism of her part in Post Office IT scandal Continue Reading
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News
18 Mar 2021
Government to bail out Post Office which can’t afford to pay compensation to subpostmasters
The Post Office does not have enough money to pay compensation to the subpostmasters it wrongfully prosecuted Continue Reading
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News
18 Mar 2021
Subpostmasters in Court of Appeal to end 20-year torment
Subpostmasters heading to Court of Appeal to clear their names in what is potentially the biggest miscarriage of justice in English legal history Continue Reading
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News
11 Mar 2021
Potential miscarriages of justice of Scottish subpostmasters move to full review
The Post Office Horizon scandal gets bigger as subpostmaster prosecutions in Scotland are reviewed Continue Reading
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News
11 Mar 2021
Oracle Q3, 2020-21: Revenue growth of 3% backdrop to Ellison attack on SAP
Chairman and CTO Larry Ellison launches competitive attack on SAP as Oracle’s third-quarter results show revenue growth of 3% Continue Reading
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News
11 Mar 2021
IFS ramps up single-platform cloud delivery as it bids ERP adieu
Business applications supplier shifts fundamentally to cloud infrastructure while sloughing off enterprise resource planning as it rebrands Continue Reading
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Blog Post
11 Mar 2021
Pay-in-three is a slur
PayPal is taking its seductive “buy now, pay later” service to Australia, after successful roll-outs in Britain and the US saw it handle more than £540m of transactions by the end of 2020. It’s ... Continue Reading
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News
10 Mar 2021
Welsh FA boss linked to recruitment of controversial former Post Office executive to step down
Football Association Wales CEO Jonathan Ford is stepping down after losing a vote of no confidence triggered by the controversial appointment of Angela van den Bogerd, who was involved in the Post Office IT scandal Continue Reading
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News
09 Mar 2021
Prime minister yet to respond to serious subpostmaster concerns over Horizon IT scandal inquiry
Subpostmaster victims who have spent millions bringing the Post Office IT scandal to light have received no reply to their concerns from Boris Johnson Continue Reading
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News
08 Mar 2021
Government to change unfair private prosecution rules used to prosecute innocent subpostmasters
Government agrees to change private prosecution rules that were abused by the Post Office in its pursuit of subpostmasters wrongly accused of financial crimes Continue Reading
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News
04 Mar 2021
Bank of Ireland to reduce branch network by almost half
Bank of Ireland is latest bank to pin its future on digital channels as customers change their banking habits Continue Reading
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News
02 Mar 2021
How SAP is riding the rising tide of cloud
SAP’s newly minted president for Asia-Pacific and Japan talks up the company’s cloud traction and what is being done to ease the transition to S/4 Hana Continue Reading
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News
26 Feb 2021
It’s now or never for UK fintech, government told
The UK government faces a ‘now or never’ moment if it wants financial technology to play a central role in the economy for years to come Continue Reading
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News
24 Feb 2021
Appointment of disgraced former Post Office director triggers vote of no confidence in Welsh FA boss
Vote of no confidence in Football Association of Wales boss triggered by recruitment of former Post Office executive who tried to mislead a judge in IT trial Continue Reading
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News
23 Feb 2021
Subpostmaster group calls for prime minister to pause Horizon ‘whitewash’ inquiry
Subpostmasters call for Boris Johnson to pause and reshape the government’s Horizon inquiry Continue Reading
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Podcast
23 Feb 2021
Post Office Horizon and the subpostmasters’ justice fight – Computer Weekly Downtime Upload podcast
In this episode of the Computer Weekly Downtime Upload podcast, Karl Flinders joins Caroline Donnelly, Clare McDonald, and Brian McKenna to discuss the Post Office Horizon system that brought havoc to the lives of subpostmasters and subpostmistresses Continue Reading
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News
22 Feb 2021
UK government set to offer fintech visa
The importance of immigrant workers to the UK's fintech sector highlighted by government planned fintech visa Continue Reading
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News
19 Feb 2021
Fujitsu bosses knew about Post Office Horizon IT flaws, says insider
A former senior developer who worked for Fujitsu on the Post Office IT system that led to subpostmasters being falsely accused of fraud, has claimed bosses knew of fundamental flaws before going live Continue Reading
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News
16 Feb 2021
TransferGo to harness Google-inspired tech capability
Payments fintech TransferGo chooses cloud-native core banking platform to build a digital wallet and expand its services Continue Reading
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News
16 Feb 2021
Qatar regulator launches platform to monitor human understanding of financial crime
Qatari financial services regulator works with global body to provide digital platform to assess whether financial services workers understand how to prevent financial crime Continue Reading
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E-Zine
11 Feb 2021
CW Benelux: Is reluctance to report cyber crimes in the Netherlands helping the criminals get away?
According to an academic study in the Netherlands, only one in seven Dutch people report a cyber crime to the police when it happens - feeling it is better to sort the problem out themselves because they don’t think the police will do anything. This is storing up trouble as cyber crime is an increasing problem in the country. Also in this issue, read why Dutch bank ABN Amro is selling its head office. Continue Reading
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News
08 Feb 2021
Woolworths to invest more than A$50m in skills training
More than 60,000 Woolworths employees across store and e-commerce operations, supply chain network and support offices are expected to benefit from the new investment Continue Reading
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News
03 Feb 2021
Has Covid-19 made bank branch closures easier to sell?
Big banks continue to close branches and invest more in technology as the Covid-19 pandemic makes a case for digital banking Continue Reading
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News
02 Feb 2021
Nordic countries dominate European online banking take-up
Nordics dominate online banking take-up in Europe, but the UK is not far behind Continue Reading
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News
28 Jan 2021
JP Morgan Chase hires for UK digital bank launch
US banking giant hires in the UK in preparation for digital consumer bank launch Continue Reading
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News
28 Jan 2021
SAP launches ‘Rise’ business transformation as a service
SAP CEO Christian Klein announces business transformation as a service package, dubbed Rise Continue Reading
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News
26 Jan 2021
Customers turn to cash as IT issue hits card payments at major supermarkets
IT problem at payment processing company has forced shoppers to resort to cash in Morrisons and Co-op stores Continue Reading
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News
20 Jan 2021
More subpostmasters’ prosecutions sent to appeal for wrongful conviction
Four more subpostmasters are to have their appeals against criminal convictions heard in the appeal courts Continue Reading
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News
20 Jan 2021
IT scandal exposes legal rule that made it easy for Post Office to prosecute the innocent
Lawyers call for changes to digital evidence rule that made it easier for the Post Office to ‘bamboozle courts’ and make subpostmasters pay a heavy price for its IT failings Continue Reading
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News
14 Jan 2021
London received quarter of all European tech funding in 2020
Technology startups in London raised near-record levels of venture capital investment last year despite uncertainty related to Brexit and Covid-19 Continue Reading
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News
14 Jan 2021
Numbers stack up for UK open banking three years on
Three years have passed since open banking regulations came into force and momentum is gathering Continue Reading
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E-Zine
14 Jan 2021
CW Middle East: $60m venture capital fund targets 120 startups
Countries in the Middle East see technology as an industry of the future and are investing heavily in the sector as part of their economic diversification plans. Read in this issue how the latest development will see a $60m venture capital fund, based in Bahrain, invest in 120 early-stage startups across the Middle East region. Also read how Saudi Arabia has signed two agreements with Chinese IT suppliers as it strives to deliver its ambitious programme to diversify its economy. Continue Reading
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Blog Post
13 Jan 2021
Doubting Thomas
As a rule of thumb, we wish only misery and ruin on Bitcoin investors for daring to make the phenomenon sound any more sophisticated than a Bet365 advert. But our maniacal propensity for ... Continue Reading