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
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
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Feature
07 Apr 2020
How APAC firms are coping with the Covid-19 outbreak
The air of change looms large in companies operating in the Asia-Pacific region, with some doing better than others in keeping the lights on amid the coronavirus pandemic Continue Reading
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Feature
02 Apr 2020
SAP Business One overview: Features, benefits and more
SAP Business One promises holistic business management software. Learn more about its advantages and pitfalls, as well as pricing and integration, in this SAP Business One overview. Continue Reading
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Opinion
30 Mar 2020
CCRC findings on subpostmaster prosecutions reveal incompetence of successive governments
Former subpostmaster who took on the Post Office in a multimillion-pound legal battle speaks out. Continue Reading
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News
27 Mar 2020
How subpostmasters made legal history with biggest referral of potential miscarriages of justice
Subpostmasters seeking redress of prosecutions at the hands of an IT system force the biggest ever UK referral of cases of potential miscarriages of justice to the Court of Appeal Continue Reading
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News
26 Mar 2020
Subpostmaster prosecutions to be considered by Court of Appeal for miscarriages of justice
The Criminal Cases Review Commission is referring 39 subpostmaster prosecutions to the Court of Appeal to review for possible miscarriages of justice, with further analysis on 22 more cases ongoing Continue Reading
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News
25 Mar 2020
Meeting reviewing subpostmaster applications to appeal criminal prosecutions moves into second day
The Criminal Cases Review Commission has extended a meeting considering subpostmaster applications to appeal criminal convictions resulting from a faulty Post Office IT system Continue Reading
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News
24 Mar 2020
Norwegian banking app gives access to other banks’ accounts
Banking customers can access and make payments from their other bank accounts using the DNB Mobile Bank app Continue Reading
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News
24 Mar 2020
Coronavirus: Contactless spending limit increased to fight pandemic
Banking and financial services trade body UK Finance to increase spending limit for contactless payments to £45 from the start of April Continue Reading
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News
24 Mar 2020
Coronavirus: Fintechs create Covid Credit to help self-employed prove income loss
Financial technology professionals have created a tool that will support self-employed people claiming financial relief from the government during the Covid-19 pandemic Continue Reading
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News
23 Mar 2020
Coronavirus: Post Office postpones subpostmaster compensation scheme amid Covid-19 crisis
Scheme to compensate subpostmasters who suffered because of computer errors in the Post Office’s Horizon system is delayed Continue Reading
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News
20 Mar 2020
MP warns minister not to parrot civil servants’ lines on Post Office IT scandal
MP Kevan Jones has warned a government minister not to repeat the mistakes of predecessors in relation to the Post Office Horizon IT scandal Continue Reading
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News
19 Mar 2020
IT Priorities 2020: ANZ firms to spend more on cyber security
Over half of respondents in Australia and New Zealand plan to invest more in cyber security, especially in key areas such as data loss prevention Continue Reading
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News
18 Mar 2020
Employment and investment in UK tech sector booms
UK digital tech sector continues rapid growth in 2019, attracting record investment for another year Continue Reading
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News
17 Mar 2020
Travelex under threat as insolvency risk, hacking costs and coronavirus take their toll
Foreign exchange group’s future remains uncertain as its parent company, Finablr, prepares for potential insolvency Continue Reading
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News
16 Mar 2020
Secret Post Office deals cause fury among Horizon IT scandal campaigners
The Post Office has sparked anger with secret settlements with subpostmasters outside the recent legal action against it Continue Reading
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Opinion
13 Mar 2020
What is the Post Office board doing to right the Horizon wrongs?
Business lawyer Nick Gould compares the treatment of subpostmasters by the Post Office in the Horizon IT scandal with the huge HBOS fraud that saw £1bn stolen from small businesses Continue Reading
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News
12 Mar 2020
CIO interview: Miguel Rio Tinto, Emirates NBD
The Dubai-based banking group’s CIO, Miguel Rio Tinto, talks about its ambitious digital transformation plans Continue Reading
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E-Zine
12 Mar 2020
CW Europe: Experts examine Dutch government’s IT problems
Technology experts discuss the challenges and potential solutions to the Netherlands government’s IT problems. Also read how Russia’s VTB and Rostelecom are creating a platform to utilise big data technology, and how Spain’s CaixaBank is using AI to help its staff training. Continue Reading
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News
12 Mar 2020
Dutch landscape attracts fintech exploration
In 2019, the Netherlands had more than 450 companies active in financial technology. The country’s “polder model”, in which new and traditional companies work closely together, offers many opportunities for fintechs Continue Reading
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News
10 Mar 2020
MPs told to hold to account those responsible for Post Office Horizon IT scandal
Subpostmasters who had their lives destroyed by a faulty IT system and mistreatment by the Post Office have asked MPs to hold to account the people responsible for the injustices Continue Reading
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News
10 Mar 2020
VAT software supplier exposed data of millions
Eight million sales records belonging to UK and EU consumers left exposed due to misconfigured server Continue Reading
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News
06 Mar 2020
Those who did not play by the rules in Post Office Horizon scandal “should face prosecution”
Telford MP has become a vocal member of the campaign for justice for the subpostmasters who had their lives devastated as a result of being blamed for losses caused by errors in the Post Office’s core retail and accounting system Continue Reading
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News
06 Mar 2020
IT Priorities 2020: AI, cloud to dominate IT spending in India
Indian organisations are expected to spend more on artificial intelligence and cloud this year in a bid gain an edge over rivals through key technology investments Continue Reading
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News
04 Mar 2020
MPs call on PM to commit to full public inquiry into Post Office Horizon IT scandal
Business, Energy and Industrial Strategy Committee to investigate the Horizon IT system and will question Post Office executives over subpostmasters wrongly accused of fraud Continue Reading
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News
04 Mar 2020
IT Priorities 2020: UK business applications investment in AI gathers steam
Artificial intelligence intensifies as an investment area for UK IT buyers, while cloud delivery is coming to ERP as well as other applications Continue Reading
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News
02 Mar 2020
Boris Johnson’s commitment to inquiry into Post Office scandal in doubt
Boris Johnson’s apparent commitment to a public inquiry into the Post Office Horizon scandal is not so certain Continue Reading
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News
28 Feb 2020
Government claims it was misled by Post Office over IT scandal
Minister says Post Office IT experts misled the government when it asked questions about subpostmasters’ concerns over Horizon IT system Continue Reading
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News
27 Feb 2020
IT Priorities 2020: ASEAN firms on the frontline of digital transformation
Southeast Asian companies plan to spend more on infrastructure and cyber security, but the growth in IT budgets appears to be slowing down Continue Reading
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News
26 Feb 2020
Boris Johnson commits to 'getting to the bottom of' Post Office Horizon IT scandal
Prime minister Boris Johnson appears to commit to a public inquiry into the Post Office scandal over its accounting system, but government is yet to offer any details Continue Reading
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News
25 Feb 2020
Government admits it was too passive managing Post Office as parliamentary pressure builds
The UK government faces accusations of neglecting its duties handling the Post Office as pressure mounts in Parliament for justice for the subpostmasters who suffered due to faults in the Horizon IT system Continue Reading
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News
23 Feb 2020
Australian government inks sourcing deal with Rimini Street
The whole-of-government agreement will provide Australian government agencies with easier and cheaper access to third-party software support Continue Reading
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News
19 Feb 2020
Swedish consumer-protection legislation will hit fintechs
New financial regulation to protect consumers from agreeing to unnecessary credit will force financial technology companies to make changes to their products Continue Reading
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News
14 Feb 2020
Calls for inquiry into Post Office IT scandal increase in Parliament, with cross-party support
Many MPs might not yet fully understand the suffering subpostmasters have endured because of the Post Office’s faulty IT system and its oppressive behaviour, but they will soon Continue Reading
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News
12 Feb 2020
Brexit cited as reason for German digital bank’s UK exit
German challenger bank N26 leaves the UK, saying Brexit is the reason behind the decision due to the removal of passporting rights Continue Reading
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News
12 Feb 2020
Pressure for public inquiry into Post Office IT system scandal begins with mountain to climb
Members of Parliament seeking a public inquiry into the Post Office Horizon scandal face huge challenges, but pressure and time could force justice Continue Reading
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E-Zine
11 Feb 2020
How the Post Office caused so much misery
In this week’s Computer Weekly, after a landmark legal victory against the Post Office over a faulty IT system, campaigner Alan Bates shares his 20-year story of trials and triumph. Oracle is under fire over its cloud sales practices – we examine the claims. And we look at the sustainability challenges for datacentres. Read the issue now. Continue Reading
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News
09 Feb 2020
Australian government to roll out SAP S/4 Hana
Australia’s finance department earmarks S/4 Hana as its ERP system to provide common financial and HR services across government Continue Reading
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News
03 Feb 2020
Government refuses request to pay legal costs for subpostmasters in Post Office case
The government has refused to pay the huge legal costs subpostmasters incurred in their battle with the government-owned Post Office, which they won Continue Reading
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Feature
31 Jan 2020
Alan Bates: The ‘details man’ the Post Office paid the price for ignoring
In 2003, subpostmaster Alan Bates had his contract terminated when he refused to comply with Post Office policy. A decade and a half later, against the odds, he took the Post Office to the High Court and won a multimillion-pound legal case Continue Reading
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News
28 Jan 2020
Subpostmaster prosecutions move closer to appeal
Prosecutions are a significant step closer to being sent to the Court of Appeal as Criminal Courts Review Commission forms a group of commissioners to review them Continue Reading
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News
27 Jan 2020
Police sent information about potential Fujitsu staff perjury in subpostmaster prosecutions
The police have been asked to consider information from a High Court judge questioning evidence given by Fujitsu staff in criminal trials of Post Office subpostmasters Continue Reading
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Blog Post
24 Jan 2020
Cash will survive beyond demise of plastic cards, says Deutsche Bank
Forget the end of cash, say goodbye to your platic bank card Continue Reading
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News
22 Jan 2020
Government should not be allowed to dismiss subpostmasters’ claims over Horizon IT scandal
Subpostmasters are stepping up their fight for justice after their huge court victory, with Westminister replacing the High Court as the battleground Continue Reading
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News
21 Jan 2020
High-street banks face disruption three weeks after Travelex hack
Foreign exchange services still disrupted, three weeks after Travelex received a $6m ransom demand from cyber gangsters Continue Reading
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News
15 Jan 2020
Government distances itself from Post Office decisions in Horizon IT litigation
Department for Business, Energy & Industrial Strategy says it did not make decisions in the Post Office’s recent court battle Continue Reading
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News
14 Jan 2020
Why subpostmasters are calling on the government to pay Horizon trial costs
The damages that subpostmasters will receive after their court victory against the Post Office fall well short of their calculated losses Continue Reading
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News
10 Jan 2020
Subpostmaster group calls for government to pay legal costs for Horizon trial
The group of subpostmasters that defeated the Post Office in court over a faulty IT system are calling for the government to pay the costs of the legal action Continue Reading
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News
09 Jan 2020
Can fintech succeed where schools and parents have failed?
Young people in Britain are unprepared to manage their finances when they leave home and, as a result, many run into serious problems Continue Reading
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News
08 Jan 2020
Fujitsu must face scrutiny following Post Office Horizon trial judgment
While the Post Office has suffered financial and reputational damage after losing its court battle with subpostmasters, the supplier of the IT system at the centre of the dispute has major PR challenges ahead Continue Reading
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Opinion
06 Jan 2020
The Post Office computer problem that destroyed the lives of pillars of the community
The Post Office’s refusal to believe subpostmasters were suffering losses due to computer system errors was incompetent and cruel Continue Reading
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News
03 Jan 2020
Suspected ransomware attack causes worldwide disruption for Travelex
Travelex switches off computer systems and resorts to cash-only currency sales after malware attack. Insiders claim the currency exchange chain has been hit by ransomware which has left critical files containing customer data encrypted Continue Reading
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News
27 Dec 2019
Top 10 financial services IT stories of 2019
Here are Computer Weekly’s top 10 financial services and fintech stories of 2019 Continue Reading
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News
20 Dec 2019
Has Y2K windowing been addressed by banks or is Y2.02K a risk?
Big banks that haven't replaced legacy systems or fixed temporary windowing solutions to Y2K could have problems at the beginning of 2020 Continue Reading
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News
20 Dec 2019
National Federation of Subpostmasters cries foul after court ruling on controversial computer system
The National Federation of Subpostmasters said it was misled by the Post Office about the robustness of the IT systems its members use Continue Reading
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News
17 Dec 2019
Subpostmasters proved right on IT system failures as calls for full public inquiry mount
Post Office has been “in denial” about the robustness of its core retail system, which a judge said was to blame for problems experienced by subpostmasters in a multimillion-pound group action Continue Reading
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News
13 Dec 2019
Subpostmasters got the best deal possible in legal battle with the Post Office, says lawyer
Subpostmasters ended their legal battle with the Post Office at the optimal time, according to the lawyer that managed the High Court action Continue Reading
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E-Zine
12 Dec 2019
CW Europe: Deutsche Bank creates innovation division
German banking giant Deutsche Bank is opening a division focused on innovation which will be led by former SAP executive Bernd Leukert. It will create agile teams with business and infrastructure divisions leading teams of technologists, using agile principles. Also read why China’s Huawei has offered governments an anti-industrial espionage commitment, and how software robots are helping social workers in Sweden. Continue Reading
- 11 Dec 2019
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News
09 Dec 2019
Dubai’s Kentech kicks off digital transformation drive
Energy and industrial support company will go live in Oracle’s cloud next month Continue Reading
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News
06 Dec 2019
Barclays opens large tech operation in India, hiring thousands
Barclays opens tech centre in Pune as part of its global delivery network Continue Reading
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News
03 Dec 2019
Insurtechs help traditional players differentiate
Traditional insurers are harnessing the agile development techniques of the tech startup community through partnerships with insurtechs Continue Reading
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News
28 Nov 2019
NatWest digital bank goes live
NatWest has announced the availability of its standalone digital challenger bank, known as Bó Continue Reading
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News
27 Nov 2019
Finland’s OP Financial Group accelerates open banking push
Finnish banking group is working with a Danish fintech to add open banking functionality to its offerings Continue Reading
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News
26 Nov 2019
Peer calls for clear-out of Post Office board after Court of Appeal confirms major court defeat
Conservative peer championing subpostmasters’ long-running battle with Post Office suggests management clear-out after Court of Appeal rejects appeal bid Continue Reading
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News
25 Nov 2019
How ServiceNow is empowering Asia’s mobile workforce
ServiceNow’s newly minted managing director in Asia talks up the company’s sweet spots and traction in the region, and what it’s doing to abstract away workflow complexities for mobile workers Continue Reading
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News
22 Nov 2019
Court of Appeal dismisses Post Office application to appeal damning judgment
The Court of Appeal has rejected a Post Office application to appeal judgments made in the first trial of its multimillion-pound battle with subpostmasters over IT system failures. Continue Reading
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News
22 Nov 2019
TSB tech woes continue with overnight systems failure
TSB customers have experienced problems receiving money into their accounts due to an IT error, just days after the bank was slammed in a report on its IT problems last year Continue Reading
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Feature
21 Nov 2019
CPM software Prophix organizes Spacesaver sales info for success
CPM software helped consolidate financial data, which allowed Spacesaver to cut its monthly close time by two-thirds and replace Excel spreadsheets with OLAP-based analytics. Continue Reading
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News
21 Nov 2019
Western Union transfers to AWS cloud
Western Union is the latest financial services form to set out a future in the Amazon Web Services cloud Continue Reading
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E-Zine
21 Nov 2019
CW Nordics: Automation pays off for Sweden’s social workers
Software robots are freeing up time for social workers in Sweden to help benefits claimants find employment and to receive the money they are entitled to. Also in this issue, read how Sweden’s SEB bank is using a Google-inspired, cloud-native core banking platform, and why India is leading the pack when it comes to IT outsourcing from the Nordic countries. Continue Reading
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News
20 Nov 2019
Holy grail of digital banking is, at first glance, a new channel, not a new concept
Details of Google’s plans in the financial services sector have emerged with nothing groundbreaking so far, but the sector is guessing what comes next Continue Reading
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News
19 Nov 2019
TSB programme pulled apart in report on IT meltdown
City law firm tears into TSB’s management of botched core banking platform migration Continue Reading
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News
18 Nov 2019
How DBS is pushing the limits of IT efficiency
Besides shrinking its datacentre footprint by 75%, Singapore’s DBS Bank is running twice as many virtual machines on a single socket and decoupling applications from its infrastructure stack Continue Reading
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News
15 Nov 2019
Businesses move key applications off public cloud to save costs
A new study has shown that while many enterprises are able to keep public cloud costs under control, spending can quickly escalate Continue Reading
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News
11 Nov 2019
Major report on TSB IT disaster expected soon
A damning report into the 2018 IT disaster at TSB is expected to heavily criticise executives when it is published in November 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
