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
12 Jan 2021
Retail giant Walmart to launch a fintech
Fintech will be geared towards offering the services Walmart’s customers and employees want Continue Reading
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News
06 Jan 2021
NHS trust says appointment processes robust despite criticism of role for Post Office scandal CEO
NHS trust defends its director appointment process following an external review of its recruitment of former Post Office CEO Paula Vennells Continue Reading
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Feature
18 Dec 2020
4 supply chain finance benefits and why they matter now
Liquidity in the supply chain for buyers and suppliers is just one of the benefits supply chain finance can offer companies. Learn about some others. Continue Reading
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News
17 Dec 2020
Post Office suffers latest court defeat in Horizon IT scandal
Court of Appeal indicates subpostmasters can pursue appeal route that could do more damage to Post Office’s reputation Continue Reading
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News
14 Dec 2020
Appointment of disgraced former Post Office executive at Welsh FA questioned by MP
The appointment of a former Post Office executive, who tried to mislead a judge, in the Football Association of Wales has been questioned by an MP Continue Reading
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News
11 Dec 2020
History made as subpostmasters wrongly prosecuted in Horizon IT scandal have convictions quashed
Six subpostmasters who were wrongly prosecuted for accounting shortfalls caused by computer errors have their convictions quashed after years of campaigning Continue Reading
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News
11 Dec 2020
Agility key to pandemic recovery, say APAC CFOs
Chief financial officers in the Asia-Pacific region call for financial transformation to bring about the agility that their organisations need to tide over the pandemic Continue Reading
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E-Zine
10 Dec 2020
CW Europe: Tour de France fans get a virtual experience
The organisers of this year's Tour de France worked with technology services company NTT in partnership with Amaury Sport Organisation to provide what they described as an “enhanced experience” for race fans who could not be at the roadside because of Covid restrictions. Also read why Deutsche Bank has agreed to sell its retail banking IT operation to one of its main IT suppliers for a token €1. Read the issue now. Continue Reading
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News
07 Dec 2020
Singapore government to boost blockchain adoption
Singapore government unveils S$12m programme to promote development and adoption of blockchain applications beyond financial services Continue Reading
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News
03 Dec 2020
Bank of England enlists development partner to unlock cloud
Bank has agreed a two-year deal with a cloud development platform provider as it seeks to take its cloud journey to the next level Continue Reading
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News
01 Dec 2020
Government covers its ears as complaint by victims of Post Office abuse heads to ombudsman
Government denies responsibility for the abuse inflicted on subpostmasters by the Post Office over faulty IT system Continue Reading
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E-Zine
01 Dec 2020
How retailers are using technology to survive
In this week’s Computer Weekly, with high street retailers struggling to survive, we look at how technology can keep stores relevant. Everyone is focusing on flash storage, but hard disk drives are still an essential part of the IT toolkit. And we examine the latest developments in the ongoing Post Office Horizon IT scandal. Read the issue now. Continue Reading
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News
26 Nov 2020
Robots taking jobs, but creating careers
Robotic process automation developers tell Computer Weekly about the job they never expected to be doing Continue Reading
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E-Zine
26 Nov 2020
CW Nordics: Bank branch closures continue as digital banking grows
Sweden’s Handelsbanken is cutting its branch network by nearly half, which means more money will be invested in IT. But it’s not just Sweden and the Nordics – banks across the world are watching the fintech industry demonstrate to consumers what banking can be like if the right technology is in place. Also in this issue, read about the Norwegian government’s decision not to implement an outright ban on the use of 5G equipment supplied by China's Huawei. Continue Reading
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News
24 Nov 2020
Post Office accused of lying and being in contempt of Parliament in IT scandal
Campaigning politician demands access to documents that could prove that the Post Office lied Continue Reading
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News
23 Nov 2020
Subpostmasters want £300m from a government that allowed Post Office ‘reign of terror’
The government allowed the Post Office to “run amok” and destroy lives, says complaint to Parliamentary Ombudsman Continue Reading
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News
19 Nov 2020
Fujitsu staff under investigation for potential perjury in Post Office IT trial named
Court documents reveal the names of the Fujitsu employees under investigation for potentially providing misleading information in criminal trials Continue Reading
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News
17 Nov 2020
Automated image recognition: How using ‘free’ photos on the internet can lead to lawsuits and fines
Germany-based photographer Marco Verch uses computer scripts to populate the internet with topical images and photographs. People and companies who make mistakes in following the complex licensing terms of his ‘free to share and adapt’ photographs receive threatening ‘legal’ demands Continue Reading
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News
17 Nov 2020
Botched software update to blame for Post Office Horizon crash
Post Office says planned firmware update caused the problem that left branches unable to do business for 90 minutes Continue Reading
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E-Zine
17 Nov 2020
How Mastercard is taking digital payments into a new era
In this week’s Computer Weekly, we talk to Mastercard about how the credit card giant is using new technologies to take digital payments into a new era. After months of unprecedented uncertainty, we ask CIOs how they are planning for the next 12 months. And we examine how the growth in remote working will affect IT salaries. Read the issue now. Continue Reading
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News
16 Nov 2020
Post Office explanation of IT system outage so vague it is ‘pointless’
Post Office criticised over vagueness of its explanation of the cause of a UK-wide IT failure that saw subpostmasters unable to do business Continue Reading
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News
13 Nov 2020
Police open criminal investigation into potential perjury by Fujitsu staff in Post Office IT trials
Current and former Fujitsu staff could face prosecution for giving false evidence in the trials of subpostmasters accused of theft and false accounting Continue Reading
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E-Zine
12 Nov 2020
CW Benelux: Dutch Alzheimer’s app helps dementia patients
An app aimed at helping dementia patients and their families has been developed by the Alzheimer Society in the Netherlands. Also in this issue, read about a Belgian startup's app based on blockchain technology to help container handling at ports, and why Rabobank ditched its legacy backup. Continue Reading
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News
11 Nov 2020
What businesses can learn from GovTech’s digital strategy
Modernising its infrastructure and putting digital at its core has given Singapore’s Government Technology Agency the agility it needs to respond to the Covid-19 pandemic Continue Reading
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News
11 Nov 2020
Norway has lowest physical cash use in the world, says report
Norway claims to use less cash as a proportion of total spending than any other country across the globe, according to a study by its central bank Continue Reading
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News
10 Nov 2020
Deutsche Bank to sell retail banking IT unit to TCS for €1
Deutsche Bank has agreed to sell its retail banking IT operation to one of its main IT suppliers for a token €1 Continue Reading
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News
06 Nov 2020
Finger pointed at Fujitsu as Post Office Horizon system crashes nationally
Post Office branches offline during busy business hours after suffering an IT error that the Post Office said related to IT from supplier Fujitsu Continue Reading
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News
03 Nov 2020
Subpostmasters’ complaint about government begins its journey to Parliamentary Ombudsman
Government faces scrutiny of its handling of the Post Office IT scandal that destroyed subpostmasters’ lives and livelihoods Continue Reading
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News
27 Oct 2020
SAP Q3 2020 results: revenue down 4%, cloud silver lining hailed
SAP’s third quarter 2020 results stated a 4% year-on-year reduction in revenue, with an 11% increase in cloud revenue lightening the gloom Continue Reading
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News
23 Oct 2020
NHS trust takes another look at its appointment of IT scandal CEO
Imperial College Healthcare NHS Foundation Trust has asked for external review of its process when appointing controversial executive Continue Reading
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News
22 Oct 2020
ANZ Bank moves digital banking services to container platform
Australia’s largest bank now runs 30% of its internet banking services on Red Hat OpenShift in a move that has energised developers and paved the way for more automation Continue Reading
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Opinion
21 Oct 2020
From compliance to open banking to embedded finance – all thanks to APIs
The road to embedded finance, banking and insurance with APIs is full of promise – and banks should take it for a journey to a better world of finance Continue Reading
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News
21 Oct 2020
Financial services staff want work-from-home policies to continue after Covid
About half of workers in the finance sector want their employers to retain remote working policies brought in during the pandemic Continue Reading
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News
20 Oct 2020
Labour shares concerns over ‘whitewash’ Horizon IT inquiry
Labour MPs write to postal affairs minister expressing fears that the inquiry into the Horizon IT scandal does not guarantee cooperation from the Post Office, Fujitsu and government Continue Reading
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News
15 Oct 2020
Post Office races to solve IT error under gaze of public and banks
The Post Office is focusing urgently on fixing an IT error suffered by a subpostmaster amid the ongoing IT scandal Continue Reading
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News
14 Oct 2020
NHS England issues integrated cloud ERP procurement advice call
NHS England is calling on software suppliers for advice concerning the feasibility of moving and integrating its ERP systems in cloud infrastructure Continue Reading
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News
13 Oct 2020
Government minister’s plea for subpostmasters to take part in review of IT scandal rejected
Government minister met with former subpostmaster online in an attempt to get victims of the Post Office Horizon scandal involved in government review Continue Reading
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Opinion
08 Oct 2020
Excel is the hammer for too many businesses’ nails
Excel is a fine piece of software, but as Public Health England found out, its ubiquity and ease of use does not make it the ideal tool for every job that involves data Continue Reading
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News
08 Oct 2020
Care Quality Commission enquiries into IT scandal CEO continue
NHS regulator continues enquiries about the appointment of former Post Office CEO at Imperial College Healthcare NHS Trust as more damning details emerge Continue Reading
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News
08 Oct 2020
Accenture acquires NZ firm to bolster SAP practice
Accenture’s acquisition of Zag comes amid growing demand for expertise in S/4 Hana migrations in Australia and New Zealand Continue Reading
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News
06 Oct 2020
Government deaf to loud calls for statutory public inquiry into Post Office scandal
MPs are demanding the government holds a full statutory public inquiry into the Post Office IT scandal Continue Reading
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News
02 Oct 2020
Justice for subpostmasters as wrongful criminal convictions are set to be quashed
The Post Office has chosen not to contest 44 out of 47 appeals, meaning most are likely to have their names cleared, but others still face a Court of Appeal battle for justice Continue Reading
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News
29 Sep 2020
Over two million Brits using open banking
Data shows more than two million people in the UK are now taking control of their financial data through open banking Continue Reading
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News
29 Sep 2020
Subpostmasters still in the dark about live Horizon errors
Subpostmasters still not being told about all the known errors in the controversial Post Office branch accounting and retail system that they use Continue Reading
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News
29 Sep 2020
Universal Credit algorithm fails people in need, says Human Rights Watch
The human rights charity says the government’s flagship benefits system is “flawed” and that the means-testing algorithm used causes “irrational fluctuations and reductions in how much benefit” claimants receive each month Continue Reading
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News
24 Sep 2020
Can banks solve money laundering puzzle through technology?
Banks face a huge challenge in identifying and stopping money laundering without interfering with police investigations Continue Reading
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News
21 Sep 2020
DBS taps AI and data analytics in intelligent banking move
Singaporean bank has started using artificial intelligence and analytics to provide customers with hyper-personalised insights and recommendations, to win more market share Continue Reading
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E-Zine
14 Sep 2020
CW Europe: IT expertise in banks’ boardrooms reduces risk, says European regulator
Banks have for many years been underpinned by vast IT operations, but in the age of digital banking the IT is now front, centre and back of operations. It is therefore surprising that there are relatively few IT professionals sitting on the boards of Europe’s big banks. Read the issue now. Continue Reading
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News
11 Sep 2020
Santander to double investment in fintechs
Santander is doubling the amount of money it invests in fintech startups after the success of its funding arm, which was established in 2014 Continue Reading
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News
09 Sep 2020
London councils to share technology procurement platform
A new technology procurement platform will help all 33 local councils in London diversify their IT supplier portfolios Continue Reading
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News
08 Sep 2020
Post Office Horizon IT scandal victims face further battles as government digs heels in
The government repeats that it won’t pay victims’ legal costs and confirms review into the scandal will not have the power to call witnesses Continue Reading
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News
03 Sep 2020
Insurers accept they were slow to adopt digital
Insurance companies know they must prioritise digital investment and are planning in-house development to help make up lost ground Continue Reading
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News
07 Aug 2020
Cyber attack combined with Covid-19 puts Travelex into administration
Foreign exchange firm Travelex has cut UK staff by 1,300 and physical outlets will remain closed Continue Reading
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News
07 Aug 2020
Challenger bank sees huge growth during pandemic
Starling Bank has seen a big increase in its business amid the Covid-19 slowdown Continue Reading
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News
04 Aug 2020
Google links with eight US banks for current accounts
Tech giant works with banks to layer digital services on top of secure and regulated banking infrastructures Continue Reading
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News
04 Aug 2020
Nordic enterprises look for SAP price reductions as they navigate Covid-19
Businesses in the Nordics are using SAP Cloud Platform to address Covid-19 challenges and are also seeking price reductions Continue Reading
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News
03 Aug 2020
Private equity leads Nordic IT sector consolidation
Private equity firms and industrial giants are triggering mergers and acquisitions in the Nordic tech sector as investment slows amid the Covid-19 pandemic Continue Reading
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News
30 Jul 2020
Accenture selected for key role in Bank of England core settlement system replacement
Accenture will be technology delivery partner in project to replace the core system used to settle payments between banks Continue Reading
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News
28 Jul 2020
UK government aims fintech industry at Africa
UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa Continue Reading
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Opinion
23 Jul 2020
Making Tax Digital will boost business resilience in case of future Covid crises
HMRC is expanding the digitisation of income and corporation tax in a move that will benefit businesses, the self-employed and the economy, writes the government's financial secretary to the Treasury Continue Reading
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News
23 Jul 2020
APAC firms in early stages of digital transformation
More than three-quarters of APAC firms struggle to revise their financial plans amid the Covid-19 pandemic, with many still lacking agile systems and processes, a new study finds Continue Reading
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News
22 Jul 2020
BNP Paribas joins IBM financial services cloud project
IBM’s financial services cloud is gathering steam as more banks join its public cloud ecosystem of finance firms and developers Continue Reading
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News
16 Jul 2020
Banks face fairness challenges as they commit to AI technology
Banks working with artificial intelligence technology face governance challenges to ensure AI-based decisions are fair and ethical Continue Reading
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News
15 Jul 2020
HSBC chooses AWS for public cloud business operations
HSBC will use a cloud platform from Amazon Web Services across its business operations to accelerate its public cloud use Continue Reading
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News
15 Jul 2020
Singapore’s Project Ubin hits commercialisation milestone
A blockchain payments network prototype spearheaded by Singapore’s central bank and its partners could speed up and lower the cost of cross-border payments Continue Reading
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News
14 Jul 2020
Subpostmasters hit funding target to prevent government from burying IT scandal
The government is set to face scrutiny over its involvement in the Post Office Horizon IT scandal, described as one of the biggest miscarriages of justice in modern UK history Continue Reading
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News
13 Jul 2020
How SingEx is bracing itself for disruption
Singapore’s SingEx started its digital transformation journey a few years ago and has already pivoted its approach to cope with new challenges brought on by the Covid-19 pandemic Continue Reading
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News
09 Jul 2020
Tencent Cloud teams up with ADBC on banking services
Singapore’s Asia Digital Bank Corporation could leverage Tencent Cloud’s financial cloud platform to provide banking services to small businesses Continue Reading
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News
29 Jun 2020
MPs to examine fairness of private prosecutions in light of Post Office IT scandal
Parliamentary Justice Committee to hold short inquiry into the rules and regulations surrounding private organisations’ ability to initiate criminal proceedings Continue Reading
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News
25 Jun 2020
Former Post Office CEO and Fujitsu play the blame game in Horizon IT scandal
Post Office and Fujitsu blame each other for many of the failings in the Horizon IT scandal that wrecked lives Continue Reading
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News
24 Jun 2020
Firm that investigated controversial Post Office IT system to support criminal conviction appeals
Second Sight is working with law firm in appeals by subpostmasters against criminal convictions in Horizon IT scandal Continue Reading
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News
22 Jun 2020
Care Quality Commission to discuss concerns over Paula Vennells’ NHS role
Healthcare regulator will be discussing concerns about former NHS boss chairing an NHS trust at an upcoming meeting Continue Reading
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News
19 Jun 2020
Post Office Horizon scandal victims keep pressure on government’s doorstep
Subpostmasters fighting for justice in IT scandal are pressuring government on numerous fronts, as momentum is regained after reduced activity due to Covid-19 lockdown Continue Reading
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News
16 Jun 2020
Danske Bank begins process of creating autonomous development teams
Danish bank begins the process of changing how thousands of its staff work as it attempts to be more responsive to digital demand Continue Reading
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News
16 Jun 2020
Sapphire 2020: Christian Klein steps back from products to push ‘intelligent enterprise’ resilience
Christian Klein used his first Sapphire keynote as CEO of SAP to underline the supplier’s support for supply chain resiliency and automation against Covid-19 pandemic and climate change backcloths Continue Reading
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E-Zine
11 Jun 2020
CW Europe: 5G rush in Russia
Russian mobile operators are pooling their resources to help them overcome the technical challenges of creating 5G networks. Also read why Swedbank is rebuilding its anti-money laundering systems, and how a public-private partnership in the Netherlands is combating business email compromise fraud. Continue Reading
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News
11 Jun 2020
Anger as government launches ‘pathetic’ and ‘pointless’ review of Horizon scandal
The government has been accused of launching a review that fails in getting to the bottom of one of the biggest miscarriages of justice in UK history Continue Reading
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News
09 Jun 2020
How Malaysia’s Gain Secure stood tall amid Covid-19
Walter Wong, executive director of Gain Secure and former Microsoft employee, talks up how his business is coping during Malaysia’s lockdown Continue Reading
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News
05 Jun 2020
Businesses develop apps quickly to manage disruption of Covid-19
Healthcare companies, insurers, government agencies and big tech companies have used technology from Pegasystems to develop apps to manage the disruption caused by coronavirus Continue Reading
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News
04 Jun 2020
MPs' investigation into Post Office Horizon IT scandal bares teeth
Select committee chair writes to former Post Office CEO demanding answers over her role in IT scandal Continue Reading
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News
03 Jun 2020
CCRC sends 47 subpostmaster miscarriages of justice for appeal, asks for prosecution powers review
The Criminal Cases Review Commission sends 47 more subpostmaster cases to Court of Appeal and asks government to review private prosecution powers Continue Reading
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News
02 Jun 2020
Subpostmasters to force scrutiny of government’s role in Post Office IT scandal
The government's role in the Post Office Horizon IT scandal could soon be put under the microscope as subpostmasters take their complaints to the Parliamentary Ombudsman Continue Reading
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News
29 May 2020
UK fintech investment reaches record high
Huge increases in UK fintech investment over the past three years has seen the sector explode, but most of the activity is still concentrated in London Continue Reading
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News
27 May 2020
Subpostmasters crowdfund for justice in IT scandal
Campaign group calls for public support to help potential victims of Post Office Horizon IT scandal Continue Reading
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News
26 May 2020
900 more criminal prosecutions of subpostmasters could be unsafe because of IT failures
Post Office re-examines hundreds of prosecutions that could have resulted from faults in Horizon IT system Continue Reading
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E-Zine
26 May 2020
Can Lady Gaga and Madonna get people to take IT security seriously?
In this week’s Computer Weekly, after hackers threatened to release data from a US law firm’s celebrity clients, will people finally take cyber security seriously? Designing software for older users makes systems better for all – we examine how. And the IT chief at TSB explains how the bank recovered from its 2018 IT disaster. Read the issue now. Continue Reading
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News
20 May 2020
Coronavirus: Bahrain sees fintech take-up surge amid Covid-19 crisis
Covid-19 has spurred the use of financial technology in Bahrain, which could boost the industry in the country and wider Gulf region Continue Reading
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News
19 May 2020
Post Office executive who tried to mislead judge in Horizon trial leaves via back door
Angela van den Bogerd leaves position as Post Office director quietly, despite many years of service Continue Reading
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News
12 May 2020
Australia’s Kmart gears up for mainframe migration
Retailer is lifting and shifting some old Cobol code to AWS while rebuilding others into microservices in its mainframe migration move Continue Reading
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News
11 May 2020
How Sage scrambled software development team for Job Retention Scheme module
Small team of Sage developers, testers and payroll specialists in race against time to help customers facilitate HMRC’s furlough scheme Continue Reading
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News
11 May 2020
Micro Focus sees growth in mainframe migration business
Lifting and shifting Cobol code from mainframes to public cloud has been a growth driver for Micro Focus in the Asia-Pacific region, even as the software supplier continues to diversify its business Continue Reading
- 07 May 2020
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News
06 May 2020
Cash use to go below 5% of total spending in Middle East
Banks expect a rapid reduction of the use of cash in the region Continue Reading
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News
05 May 2020
Coronavirus: TSB develops smart agent to help staff during pandemic
TSB took just five days to design and implement a smart digital agent to answer customer questions during the Covid-19 pandemic Continue Reading
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Feature
04 May 2020
Changing realities of digital transformation in the public sector
Digitisation of citizen service delivery and government operations has accelerated during the coronavirus outbreak, despite legacy constraints Continue Reading
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News
01 May 2020
Subpostmasters receive their ‘inadequate’ damages over Horizon IT scandal
Subpostmasters who had their lives ruined by the Post Office’s faulty IT system have received their damages after a High Court victory Continue Reading
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News
28 Apr 2020
Met Police assessing evidence of potential perjury in Post Office IT trials
Force examines information about evidence given in court by Fujitsu staff on the Horizon IT system before deciding whether to investigate further Continue Reading
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E-Zine
21 Apr 2020
Taking robot technology to a New World
In this week’s Computer Weekly, we talk to the technology team behind a project to recreate the voyage of the Mayflower using a fully autonomous ship. We look at how India’s coronavirus lockdown is affecting UK companies that use offshore outsourcing. And we examine the challenges of making edge computing work. Read the issue now. Continue Reading
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News
15 Apr 2020
Coronavirus: Lloyds Bank to give thousands of tablet devices to over-70s
Banking group is giving away tablets and basic digital training to help vulnerable customers stay connected during the UK’s Covid-19 lockdown Continue Reading
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News
08 Apr 2020
What next for subpostmasters’ miscarriage of justice appeals?
Computer Weekly looks at the next stages in the process to clear the names of subpostmasters wrongly prosecuted for the crimes of theft and false accounting Continue Reading