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
30 Apr 2025
Artificial intelligence roles the ‘only safe jobs in banking’
World’s biggest banks have increased the number of employees working with artificial intelligence by 13% in the past six months Continue Reading
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Feature
28 Apr 2025
Post Office Horizon scandal explained: Everything you need to know
Computer Weekly has investigated the Post Office Horizon scandal since 2008 and is, in fact, part of the story. This guide contains essential information about the scandal Continue Reading
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News
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
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News
20 Mar 2019
CCRC watching Post Office Horizon trial closely
The Criminal Courts Review Commission considering judgment in subpostmasters versus Post Office litigation trial Continue Reading
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News
20 Mar 2019
Post Office ‘lacked humanity’ in the treatment of subpostmasters, says peer
Peer slams Post Office after High Court judgment reveals its oppressive style of managing the people who run its branches Continue Reading
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News
19 Mar 2019
Post Office director cross-examination confirms lack of investigation into branch IT problems
A high court judge heard that the Post Office did not investigate a computer system error that could cause losses, despite being offered evidence Continue Reading
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News
15 Mar 2019
Subpostmasters achieve ‘stunning victory’ against Post Office in Horizon case
Judge rules that Post Office showed “oppressive behaviour” in response to claimants accused of accounting errors they blamed on Horizon IT system Continue Reading
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News
12 Mar 2019
Post Office considered Horizon IT system ‘high risk’, court told
The Post Office considered Horizon a high operational risk in an internal review, a trial focused on alleged fallibilities in the system used in thousands of Post Office branches has heard Continue Reading
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Blog Post
07 Mar 2019
Nationwide Building Society creating digital platform with fintech 10x
Nationwide Building Society creating business banking platform with 10 X Continue Reading
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News
07 Mar 2019
Tech under spotlight at High Court in second subpostmasters versus Post Office trial
The second trial in a court battle between the Post Office and the people who run branches analyses alleged bugs in the computer system they use Continue Reading
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E-Zine
05 Mar 2019
Modernising IT at the Bank of England
In this week’s Computer Weekly, we talk to the Bank of England as it starts the modernisation programme for its core system – one that the UK economy relies on. We look at the rise of DevSecOps and how it can help deal with increasingly complex security threats. And we examine the different approaches to storage for structured and unstructured data. Read the issue now. Continue Reading
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Blog Post
05 Mar 2019
NatWest launches its baseline open banking feature
NatWest is the latest bank to offer its baseline open banking service Continue Reading
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News
04 Mar 2019
IT Priorities 2019: APAC keeping pace with digital transformation
Digital transformation is well underway among APAC enterprises which are looking to spend more on refreshing their IT infrastructure and technologies that improve employee productivity Continue Reading
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News
28 Feb 2019
APAC financial firms face roadblocks with RPA
IDC monitored the automation projects of over 30 early adopters of RPA in financial services and found that most were unable to scale up their implementations of the technology Continue Reading
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Blog Post
21 Feb 2019
Nearly a third of UK tech startups are setting up presence in mainland Europe because of Brexit
A third of UK startups are readying themselves for Brexit by setting up operations on mainland Europe Continue Reading
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E-Zine
21 Feb 2019
CW Nordics: Sweden to test e-krona and plans cashless society
Sweden’s vision of a cashless society has gained traction after the Riksbank (central bank) rolled out plans to test a digital currency, the e-krona. Also read how the Nordic region’s longer-established companies are playing a forceful role to advance digital transformation, and how Finland’s IT sector has rebounded strongly after Microsoft’s takeover of Nokia’s mobile phones and smart devices business units in 2014. Continue Reading
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Blog Post
07 Feb 2019
Finastra business expands with fintech disruption: Fintech interview part 14
Finastra is an IT supplier build on very old foundations but fintech disruption has forced it to extend beyond them Continue Reading
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Blog Post
05 Feb 2019
Could Atom bank’s deal with Thought Machine be a stepping stone for legacy replacement at BBVA?
Could BBVA follow Lloyds Banking Group onto the Google inspired banking platform from Thought Machine Continue Reading
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News
01 Feb 2019
TSB blames IT disaster for huge losses
TSB made a huge loss in its latest financial year because of costs it incurred as a result of an IT disaster Continue Reading
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News
29 Jan 2019
SAP FY 2018: Cloud revenue nears €5bn, 10,500 customers for S/4 Hana
SAP’s full-year 2018 results show cloud revenue at 20% of the total, which was €24.7bn, while the fourth quarter saw 1,000 customers added to its flagship S/4 Hana Continue Reading
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News
24 Jan 2019
Lloyds Bank to migrate hundreds of thousands of customers to Google-inspired fintech
Following its announcement that it was exploring the use of a fintech platform, Lloyds Bank has been quick to plan customer migration Continue Reading
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News
24 Jan 2019
Santander announces latest branch closures as digital channels take over
Bank to close 140 more UK branches as in-branch transactions fall and digital banking accelerates Continue Reading
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Blog Post
23 Jan 2019
What the fintechs think about open banking’s progress? Part 1 TrueLayer
Open banking is one year old, but how has the first year been for the fintech's who will give it meaning Continue Reading
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News
22 Jan 2019
Mastercard fined over half a billion euros for unfair payment fees
Mastercard has been heavily fined for having rules on interchange fees which distorted the EU single market Continue Reading
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E-Zine
22 Jan 2019
Moving beyond network boundaries
In this week’s Computer Weekly, we look at how businesses are adapting to the challenges of perimeterless network security. We examine how digital transformation is bringing increased complications for identity and access management (IAM). And we ask if public cloud providers are becoming a threat to the funding model for open source software. Read the issue now. Continue Reading
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17 Jan 2019
Singapore’s Redmart finds speed and agility with cloud ERP
Online grocer has slashed the time it takes to close the books from more than a week to just three days with Oracle’s cloud-based financial application Continue Reading
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Blog Post
15 Jan 2019
Open banking will transform financial services through osmosis
Open banking regulation will transform the financial services sector but don't expect changes overnight Continue Reading
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News
15 Jan 2019
Thousands of known errors on controversial Post Office computer system to be revealed
Known errors log concerning Horizon IT system set to be announced during second High Court trial in subpostmasters’ long-running dispute with Post Office over financial losses Continue Reading
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E-Zine
10 Jan 2019
CW Middle East: Bahrain aims to be fintech hub
Bahrain’s government wants to make the country the go-to place in the Middle East for financial technology companies. It hopes to capitalise on its banking know-how to establish an ambitious fintech “ecosystem”. Also read about Dubai’s plans for the Smart Data platform and the UAE Pass, a digital ID and signature, and how Shell is using AI to amplify the human impact of its workforce. Continue Reading
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News
02 Jan 2019
How e-signatures fix broken digitisation
A big barrier to the end-to-end digitisation of business processes is that certain steps require paper – but DocuSign plans to fix this Continue Reading
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News
02 Jan 2019
Subpostmasters suing Post Office over IT failures stunned by CEO’s honour
Subpostmasters’ campaign group attacks Post Office CEO Paula Vennells’ New Year honour amid ongoing court case Continue Reading
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News
20 Dec 2018
Top 10 financial services stories of 2018
Here are Computer Weekly's top 10 financial services stories of 2018 Continue Reading
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News
17 Dec 2018
Financial services giant transforms application delivery through HCL
Dutch financial services firm Aegon is outsourcing the management of its fintech supplier network Continue Reading
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E-Zine
13 Dec 2018
CW Europe: Russia banks on electronic payments
A recent study by Sberbank, Russia’s largest state-run lender, shows the country has experienced a cashless payment boom over the past decade. Also read about the attempt by four Russians to break into the networks of the Organisation for the Prohibition of Chemical Weapons in The Hague, and why the Estonian government is directly targeting IT professionals in the UK. Continue Reading
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News
13 Dec 2018
Chief technology officers in high demand in finance sector
Financial services firms need to hire experienced chief technology officers as the sector is transformed through fintech Continue Reading
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News
07 Dec 2018
Court orders Post Office to explain inability to access encrypted file
Post Office unable to open encrypted recording of an interview that forms part of its evidence in High Court case Continue Reading
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News
07 Dec 2018
Complex Post Office Horizon case set to continue into 2020
Court case where subpostmasters are suing the Post Office set to span at least four trials and extend into 2020 Continue Reading
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News
04 Dec 2018
Zopa gains banking licence and prepares launch
Peer-to-peer lending pioneer Zopa is turning its attention to retail banking in the UK, with plans to offer savings, credit and money management products Continue Reading
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News
04 Dec 2018
Barclays staff to transfer to HCL as IT deal is expanded
Bank announces closure of operation in Lithuania, with employees transferring to IT services company HCL Continue Reading
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News
04 Dec 2018
Lloyds to use core banking technology from Google-inspired UK fintech
Banking group explores cloud-based core banking technology as part of a major transformation programme Continue Reading
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News
30 Nov 2018
CCRC may hold off subpostmaster decision until after Post Office Horizon trial
The Criminal Courts Review Commission is deciding whether to delay its decision on subpostmasters’ claims of wrongful prosecution until after a related court case Continue Reading