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 Mar 2024
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
28 Mar 2024
Remote access is the Post Office’s known unknown
Calls for criminal investigation after covert recordings are latest evidence to reveal extent of Post Office knowledge of remote access to subpostmaster accounts Continue Reading
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News
11 Nov 2019
Goldman Sachs probed over alleged Apple Card gender discrimination
US financial services regulator is investigating allegations that Goldman Sachs’ credit decisions for its Apple Card offering show gender bias Continue Reading
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News
08 Nov 2019
GoCardless and TransferWise create global network for direct debits
Fintechs’ network will make it easier for small companies to expand their customer bases internationally Continue Reading
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Feature
07 Nov 2019
Satellite firm SES saves millions with cloud project management tools
Discover how satellite firm SES modernised project management with a cloud-based system from Precursive, based on live data and tailored in its reporting to different managerial roles Continue Reading
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News
07 Nov 2019
Zopa opens testing for its banking products to customers
Zopa's move into the banking sector is gathering pace as customers test out its savings product Continue Reading
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E-Zine
07 Nov 2019
CW Benelux: Dutch banks fight money laundering
Dutch banks are sharing expertise and resources to help reduce money laundering through their accounts. Also read in this issue how companies could lose loyal IT staff because salary rises do not match those at rival employers, and why a Dutch province is pioneering a no-code software development platform. Continue Reading
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News
06 Nov 2019
Machine learning will have bigger impact than cloud
Workday’s vice-chairman explains how machine learning can help employees become more effective, and hints at the company’s moves beyond finance and HR software Continue Reading
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News
06 Nov 2019
Sage brings cloud-based Intacct to UK market
Sage is bringing its cloud-based accountancy software acquired with US-based Intacct to the UK, and publishes research advancing a digital CFO concept Continue Reading
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News
05 Nov 2019
Cloud native core banking enables consumers to personalise what they buy
Google inspired core banking platform could help banks offer personalised products to millions of people. Continue Reading
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News
29 Oct 2019
Post Office IT trial judgement within days
The judgment in the second trial in a multimillion-pound legal battle over an allegedly faulty IT system at the Post Office is imminent Continue Reading
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News
28 Oct 2019
Unit4 CEO Mike Ettling: enterprise customers won’t pay extra for AI
Mike Ettling, chief executive, Unit4, spoke to Computer Weekly at the Unleash HR conference in Paris about ERP trends, and how he is positioning the firm he started running this year Continue Reading
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22 Oct 2019
Public cloud computing is early on its journey to core of the bank
Banks are no longer reluctant to use the cloud as the technology pierces the outer layer of the banking sector and begins its journey to the core. Continue Reading
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E-Zine
22 Oct 2019
Microsoft vs Google – who’s winning the cloud email race?
In this week’s Computer Weekly, there’s a two-horse race for dominance in the cloud email market between Microsoft and Google, but they are not alone – we examine the runners and riders. Our latest buyer’s guide looks at governance, risk and compliance solutions. And we assess the progress of public cloud in the banking sector. Read the issue now. Continue Reading
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News
18 Oct 2019
Huge rise in rogue banking apps driving fraud attacks
Fraud perpetrated through fake mobile apps purporting to be from legitimate banks has seen a statistically significant spike, says RSA Continue Reading
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Blog Post
16 Oct 2019
Financial services firms reveal their fintech status in major study
Fintech leaders in traditional banks are making significant progress but major challenges remain Continue Reading
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News
16 Oct 2019
Zopa continues in its mission to apply a Netflix user experience to banking
Zopa has made a credit scoring tool available as it continues to expand the portfolio of products it offers beyond loans. Continue Reading
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E-Zine
10 Oct 2019
CW Middle East: Saudi banks trial biometrics in ATMs
Biometric and blockchain technologies are being used in tandem to provide ID verification at Saudi Arabian cash machines. Also read about the first government organisation in Bahrain to migrate to Amazon Web Services, and an interview with Yasmeen Al Sharaf, head of fintech and innovation unit, Central Bank of Bahrain. Continue Reading
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News
08 Oct 2019
Sweden’s SEB explores core banking in the cloud
Swedish Bank is the latest organisation to agree to start using a Google-inspired, cloud-native core banking platform Continue Reading
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News
08 Oct 2019
Deutsche Bank to set up innovation division to drive digital transformation
More details about Deutsche Bank’s new technology division in internal company email Continue Reading
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News
07 Oct 2019
Public cloud computing is early on its journey to core of the bank
Banks are no longer reluctant to use the cloud as the technology pierces the outer layer of the banking sector and begins its journey to the core Continue Reading
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News
07 Oct 2019
Southeast Asia’s internet economy hits $100bn milestone
The digital economy in Southeast Asia grew 39% this year but the growth momentum can only be sustained if talent gaps are filled Continue Reading
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News
30 Sep 2019
Australia gets ready for open banking
Traditional banks and fintech firms alike will need to bite the bullet in the crucial startup period if Australia’s open banking regime is to succeed Continue Reading
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Blog Post
26 Sep 2019
All bank staff will have to understand APIs as the industry transforms
Can you describe what an API is in two sentences? If you work in a bank you might have to. Continue Reading
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News
25 Sep 2019
Executive interview: Speed is cloud apps benefit, says Oracle’s Miranda
In a Q&A with Computer Weekly at Oracle Open World 2019, applications head Steve Miranda discussed the supplier’s approach to cloud applications, digital assistants and machine learning Continue Reading
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News
19 Sep 2019
Direct Line built an insurtech it can tweak a thousand times a day
Insurance group Direct Line has added a new business to its portfolio, designed to let it act as a sandbox for its digital journey Continue Reading
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Blog Post
19 Sep 2019
Going online for a SIBOS press pass was harder than applying for a bank account
My troubles getting a press pass online for SIBOS made m,e appreciate how easy mobile banking is Continue Reading
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News
13 Sep 2019
Fintech lender increases loan limit as customer demand accelerates
Small business lender Esme Loans has increased its loan limit to quarter of a million pounds as businesses are drawn to its simple and fast digital platform Continue Reading
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News
12 Sep 2019
Less than quarter of fintechs prepared for no-deal Brexit
A survey reveals that less than a quarter of UK fintech companies have their businesses prepared for the UK's exit from the EU Continue Reading
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News
11 Sep 2019
Fintech Fluidly combines Google’s cloud and AI tech to ease SME cashflow management woes
London-based fintech Fluidly explains how its recent all-in move to the Google Cloud is supporting its continued growth, and delivers new features to customers faster Continue Reading
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Blog Post
11 Sep 2019
A Deep Learning experience was the spark for Evolution AI: Fintech interview 27
Evolution AI is selling technology to banks that can enable a computer to read any text in any document and make decisions based on what it reads Continue Reading
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News
10 Sep 2019
Inside NatWest Ventures
NatWest Ventures is helping NatWest bank to remain relevant to its SME businesses customer community through digital innovation Continue Reading
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News
05 Sep 2019
Digital challenger banks in UK to triple customer base
Digital challenger banks are increasing their amount of customers fast, but face major challenges if they are to make serious in-roads into the banking sector Continue Reading
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Blog Post
05 Sep 2019
Don’t forget fintech the service amid the record investment headlines
Fintech is not just about investors making money Continue Reading
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News
02 Sep 2019
TSB works with Silicon Valley tech firm to help SME customers take card payments
UK bank will offer its small business customers card-processing and point-of-sale technology by partnering with a fintech set up by Twitter CEO Continue Reading
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News
02 Sep 2019
APAC enterprises warm to S/4 Hana
SAP customers in Asia-Pacific are assessing migration options in the run-up to 2025, when the German software giant will stop supporting older ERP applications Continue Reading
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Blog Post
29 Aug 2019
Cross border payments fintech Azimo makes first profit
Azimo has made its first profit as the fintech moves onto its next phase of growth Continue Reading
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News
27 Aug 2019
ASX partners VMware and DA on digital ledger tech
The Australian Securities Exchange is working with VMware and Digital Asset to replace its Chess clearing and settlement system with digital ledger technology Continue Reading
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E-Zine
22 Aug 2019
CW Nordics: Copenhagen woos tech startups
Copenhagen offers all the advantages startups need to get off the ground and many are setting up with the intention of staying there for the long haul. Also read how shipping giant Maersk is employing a cloud-first strategy to disrupt competition and build innovation, and why three Finnish banks are sharing a core IT platform. Continue Reading
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Blog Post
21 Aug 2019
Mid-life crisis was the trigger for Funding Options’ fintech dating platform: Fintech interview 26
Funding Options took a few years to realise that dating sites were the perfect model for a fintech helping small businesses get access to the right loans for them Continue Reading
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News
20 Aug 2019
Restaurant group pays staff almost £1m early through fintech app
Wagestream app enables Casual Dining Group employees to receive salary payments in advance for a small fee Continue Reading
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News
15 Aug 2019
Latest Post Office Horizon problems fixed with software update to blame
The Post Office has fixed the latest problems with its Horizon system, affecting hundreds of branches Continue Reading
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News
15 Aug 2019
European fintech investment continues to grow as global investment falls
European countries are continuing to see significant growth in financial technology investment as total global investment decreases Continue Reading
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News
14 Aug 2019
UK finance regulator gives extra time for companies to meet payment security rules
Financial Conduct Authority gives companies under its watch an extra 18 months to meet an EU payments security standard Continue Reading
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News
12 Aug 2019
Hundreds of Post Office branches hit by new Horizon problem
Subpostmasters suffering slow running and frozen terminals while Post Office searches for a fix to issues apparently caused by a software update Continue Reading
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E-Zine
08 Aug 2019
CW Benelux: Dutch academic hunts the personality behind the hacker
Rutger Leukfeldt, senior researcher on cyber crime at the Netherlands Institute for the Study of Crime and Law Enforcement, is working to help organisations understand the personalities behind criminal hackers. Also in this issue, read about research that shows over half of Dutch organisations admit their knowledge of blockchain is substandard. We also feature an article about ABN Amro’s work with researchers to explore how quantum computing can be used to secure online banking. Continue Reading
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News
06 Aug 2019
ICO joins international call for transparency around Facebook’s Libra currency
Data protection regulators from around the world have signed a statement raising privacy concerns about Libra Continue Reading
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News
05 Aug 2019
CIO interview: Simon McNamara, chief administrative officer, RBS Group
Brought in after a catastrophic IT failure that affected 6.5 million customers, the IT chief at Royal Bank of Scotland Group says the bank is now a leader in innovation Continue Reading
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Blog Post
01 Aug 2019
FutureBricks is helping an industry lay foundations: Fintech interview 25
FutureBricks is offering savers better rates through lending to the SME building industry Continue Reading
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E-Zine
30 Jul 2019
Digital takes the racing line in Formula One
In this week’s Computer Weekly, we talk to the CIO of Formula One racing team Haas F1 to find out how technology is helping to compete with better-funded rivals. We examine the latest best practice advice on disaster planning. And we look at what the troubles at Deutsche Bank tell us about the rise of fintech startups. Read the issue now. Continue Reading
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News
30 Jul 2019
Six Nordic banks form alliance to offer KYC as a service
Nordic Know Your Customer joint venture will create a common Nordic platform based on advanced data management technologies Continue Reading
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Blog Post
22 Jul 2019
TSB enables customers to open an account with a selfie
TSB has integrated biometric ID technology into its mobile app to enable people to open accounts with a selfie Continue Reading
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News
22 Jul 2019
Latest investments in Atom Bank will support cloud platform project
Bank has raised £50m more finance, which will contribute to funding its project to migrate to the cloud Continue Reading
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Blog Post
18 Jul 2019
Esme Loans sprouts from firm foundations: Fintech interview 24
Esme Loans has emerged from an RBS innovation initiative and after a controlled launch is ready to scale its business Continue Reading
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News
17 Jul 2019
Facebook accused of ‘breathtaking arrogance’ over Libra cryptocurrency plan
US senators grill Facebook’s David Marcus over social media giant’s plans to launch cryptocurrency Continue Reading
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Blog Post
10 Jul 2019
People that have never heard of the cloud enjoy cloud services, so why should open banking differ?
Open banking has some way to go before and banks' shouldn't pin all their hopes on Millennials Continue Reading
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News
09 Jul 2019
Post Office fixes technical problem causing accounting errors in Horizon
Problem revealed during High Court trial left subpostmaster with £18,000 surplus after IT system failed to register full amount of cash scanned in Continue Reading
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News
08 Jul 2019
Eventful second Post Office Horizon trial ends
The latest High Court trial in the long-running dispute between the Post Office and subpostmasters has concluded, with part three set for March 2020 Continue Reading
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News
03 Jul 2019
Why PSD2 adoption in the Netherlands is lagging behind
The Netherlands appears to be falling behind in open banking, even though the Dutch are digitally proficient and are often early adopters of new technology. What is going on? Continue Reading
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News
03 Jul 2019
APAC firms in developed markets warm up to cloud ERP
A majority of large enterprises in Australia, New Zealand, Hong Kong and Singapore are planning to move their financial applications to the cloud within a year Continue Reading
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News
02 Jul 2019
Post Office back-office error leaves subpostmaster with thousands of pounds extra
The Post Office has admitted that some subpostmasters are at risk of accounts not balancing due to an error it does not understand Continue Reading
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News
01 Jul 2019
The Great Eastern way to digital transformation
Regional insurance company Great Eastern has rolled out a new digital platform to better serve customers while morphing its DNA from the inside out Continue Reading
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News
28 Jun 2019
Interview: Yasmeen Al Sharaf, head of fintech and innovation unit, Central Bank of Bahrain
Yasmeen Al Sharaf heads up financial technology strategy at Bahrain’s central bank, which is on a mission to grow and diversify the sector in the Middle East island state Continue Reading
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News
25 Jun 2019
Three Finnish banks, one core IT platform
Can a shared core IT platform enable three Finnish banks to become more efficient yet maintain individual competitiveness? Continue Reading
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25 Jun 2019
Facebook unveils its cryptocurrency plans
Facebook has released details about its Libra cryptocurrency, but questions still remain over how, and if, it will work Continue Reading
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News
20 Jun 2019
Facebook officially unveils cryptocurrency plans
Facebook has released details about its Libra cryptocurrency, but questions still remain over how, and if, it will work Continue Reading
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News
18 Jun 2019
Facebook announces global digital currency Libra
Facebook is launching digital coin to open up affordable financial services to the world Continue Reading
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Blog Post
18 Jun 2019
London Tech Week opinion 2: UK tech is more than just London
There is life in UK tech beyond the Big Smoke Continue Reading
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News
17 Jun 2019
Post Office asks Court of Appeal for permission to appeal judgment in first Horizon trial
The Post Office has applied to the Court of Appeal to appeal judgment in Horizon trial Continue Reading
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Blog Post
17 Jun 2019
Lloyds bank adds savings and credit card to open banking
Lloyds Banking Group launches the latest edition of its open banking journey Continue Reading
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News
06 Jun 2019
Half of CFOs frustrated by complex accounting systems
Chief financial officers need to upgrade to easier-to-use accounting systems, but are strapped for time and lack the resources to make the right choices, according to survey Continue Reading
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Blog Post
06 Jun 2019
HSBC drops Connected Money and integrates best features to main mobile banking app
HSBC is taking advantage of fintech to test out features before fully integrating them into the main mobile app Continue Reading
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News
05 Jun 2019
Emirates NBD builds bank of future with Amazon Web Services
UAE bank is accessing the latest technology through a close relationship with IT giant Amazon Web Services Continue Reading
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Blog Post
04 Jun 2019
NatWest Video banking service adds fuel to a future without branches
Bank branches are no longer needed for that hum an touch Continue Reading
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News
24 May 2019
Post Office told to pay over £5m of its opponent’s costs for first Horizon trial
The judge in the Post Office Horizon trial has ordered the organisation to pay the legal costs of its courtroom adversaries, and refused to give permission to appeal a major judgment Continue Reading
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E-Zine
23 May 2019
CW Nordics: Nordea links up with IBM to meet fintech challenge
IBM’s €473m managed services contract with Nordea reflects an increasing trend among Nordic banks to outsource more of their IT to help meet the challenge of fintechs. Also read how a shortage of women in the boardroom is a problem in the Nordics but the tech sector points to a more promising future, and find out why the Norwegian government has launched a regulatory sandbox for the fintech sector. Continue Reading
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News
22 May 2019
Hundreds of European retail banks will disappear as challengers scoop up customers
One in every 10 banks in Europe will no longer exist as digital challengers take customers from them Continue Reading
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E-Zine
21 May 2019
Using fintech to fight poverty
In this week’s Computer Weekly, we talk to the Bill & Melinda Gates Foundation to find out how technology is fighting poverty by increasing financial inclusion. We examine how best to manage the challenges of Microsoft’s new plan for ongoing Windows 10 updates. And we find out how data innovation at Lloyd’s of London is supporting a wider digital modernisation at the 330-year-old insurance market. Read the issue now. Continue Reading
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News
20 May 2019
Post Office applies to appeal damning judgment in first Horizon trial
The Post Office has applied for permission to appeal judgments from the first trial in its IT-related legal battle with subpostmasters Continue Reading
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News
16 May 2019
How Open University went from bespoke IT to vanilla SAP
It’s hard convincing users their business processes are a dud. But this is what Chris Youles, chief information officer of the Open University, needed to do to transform the organisation Continue Reading
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Blog Post
16 May 2019
Brits want their banks to offer the latest fintech services but are not ready to use them
London might be one of world’s fintech hubs, but Brits are still wary of new tech for banking Continue Reading
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Blog Post
26 Apr 2019
Tink is building the foundation of every bank in the world: Fintech interview part 20
Tink is a Swedish fintech which realised a complete change of its business model was in order if it were to meet its growth potential Continue Reading
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News
24 Apr 2019
SAP Q1 2019 results: 400 more S/4 Hana sign-ups, €1.5bn in cloud
SAP’s first-quarter 2019 financial results indicate cloud revenue at 26% of total, and 400 new customers for S/4 Hana. Senior executive losses, restructure and Qualtrix acquisition cost bite into profit Continue Reading
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Blog Post
23 Apr 2019
Nationwide Building Society challenges seven fintechs to develop apps for financially vulnerable
Nationwide Building Society offering fintechs funding and mentoring in a challenge to create apps for the financially vulnerable Continue Reading
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News
17 Apr 2019
HM Land Registry completes blockchain trial
HM Land Registry’s blockchain project is part of a wider digital transformation initiative which aims to simplify and speed up the process of buying and selling property Continue Reading
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News
17 Apr 2019
Government says no conflict of interest in trial despite Post Office chairman’s dual role
BEIS refutes MP’s suggestion of Post Office chairman’s conflict of interest in group litigation case involving Horizon IT system Continue Reading
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Blog Post
17 Apr 2019
Facebook shutters Messenger payments in UK as Brits just not into it
Facebook is closing its peer to peer payments service within Messenger in the UK because of limited take up Continue Reading
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News
16 Apr 2019
MP questions government over Post Office Horizon case
Labour MP asks the government about the costs associated with the Post Office Horizon legal battle Continue Reading
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E-Zine
11 Apr 2019
CW Middle East: Visibility and security of networks are top IT priorities
The 2019 Computer Weekly/TechTarget IT Priorities survey shows that enterprise buyers in the Middle East, like those in the UK and Europe, are looking to lock down their networks in the face of an almost constant barrage of threats and malicious actors. Also read how Facebook planned to use its Android app to track the location of its customers and to allow advertisers to send political advertising, and what further details operator O2 has revealed about how it is planning for the advent of 5G. Continue Reading
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Blog Post
10 Apr 2019
Consumers will ditch bank if online experience falls short
Would you ditch your bank or building society if its digital services didn't match up to Google? Continue Reading
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News
10 Apr 2019
Should you buy SaaS ERP or best-of-breed enterprise software?
The major ERP providers are pushing their customers to their cloud offerings. It makes sense, but there are plenty of SaaS alternatives Continue Reading
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News
04 Apr 2019
Post Office to appeal judgment from first Horizon trial
The Post Office will appeal against some of the judgments from the first trial concerning the Horizon computer system used by subpostmasters Continue Reading
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News
03 Apr 2019
Del Monte Foods enlists Accenture to help guide move to AWS cloud
US-based food producer has moved hundreds of servers and business applications to the AWS public cloud as part of a push to modernise its IT estate and boost its overall business agility Continue Reading
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News
02 Apr 2019
Post Office could face huge costs bill for first Horizon trial
Subpostmaster claimants’ legal team makes application for the Post Office to pay millions of pounds of costs associated with trial Continue Reading
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News
29 Mar 2019
Middle East countries accelerate quantum computing research
Gulf countries must invest in quantum computing research to ensure they continue to to remain digital pioneers Continue Reading
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News
29 Mar 2019
Major shake-up of TSB IT after core banking system migration disaster
TSB has restructured its IT team to give its internal team control of its core banking system Continue Reading
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Opinion
28 Mar 2019
Audit services – the next frontier for tech giants?
As data analytics, AI and automation technology advance, could we be about to see technology firms take on some of the responsibilities of the big financial audit firms? Continue Reading
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News
28 Mar 2019
Post Office made to repay public money it allocated to fund Horizon litigation
A senior civil servant asked the Post Office to repay public money it had wrongly allocated to paying legal costs Continue Reading
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News
28 Mar 2019
Businesses losing out on early payment discounts due to outdated software
Chief financial officers need to upgrade their accounting software to benefit from discounts available for paying suppliers early Continue Reading
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News
27 Mar 2019
Insurance company Tokio Marine HCC overhauls legacy systems
Tokio Marine HCC has partnered with Incessant Technologies to implement business process automation software, which is helping the company to mitigate the risks associated with its disparate legacy systems Continue Reading
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26 Mar 2019
Subpostmasters achieve ‘stunning victory’ against Post Office in Horizon court case
High Court judge rules that Post Office showed “oppressive behaviour” in response to claimants accused of accounting errors they blamed on Horizon IT system, and cultivated a “culture of secrecy and confidentiality”. Continue Reading
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Podcast
26 Mar 2019
Podcast: The Computer Weekly Downtime Upload – Episode 9
In this week’s episode of The Computer Weekly Downtime Upload podcast, Caroline Donnelly hosts the show as Brian McKenna recovers from his latest jaunt to San Francisco, while Clare McDonald discusses women in technology, and the team once again talks about the need for unbiased artificial intelligence Continue Reading