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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Blog Post
25 Sep 2018
The fintech interview: Part 1 Taina Technology
The fintech industry is maturing to the point that it now has subcategories, find out about some of the companies making hay in the sector. Continue Reading
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News
21 Sep 2018
RBS, Barclays and NatWest customers suffer more mobile banking outages
Banks apologise for problems that have affected mobile and internet banking services Continue Reading
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Blog Post
21 Sep 2018
What if a small fintech could replace global giant Allianz in corporate deal?
An insurtech company set up a few years ago has dislodged 130 year old global insurance giant Allianz in BMW deal Continue Reading
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Blog Post
20 Sep 2018
A battle between big tech firms and banks can only help fintechs
If banks and big tech firms go head to head for customers fintechs will benefit because the banks need them if they are to have any chance of winning the customer satisfaction battle Continue Reading
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News
18 Sep 2018
Oracle first-quarter 2018-19 results show weak growth
Oracle’s first-quarter results for 2018-19 reveal $9.2bn revenue and 1% growth, with co-CEO Mark Hurd calling out “spectacular growth” for the NetSuite cloud ERP for SMEs business Continue Reading
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News
14 Sep 2018
How SAP is riding on Asia’s growth story
The enterprise software behemoth’s Asia-Pacific business is growing and believes its latest C/4 Hana suite is uniquely geared to the scale of the region Continue Reading
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News
13 Sep 2018
Tech Nation startup programme demonstrates richness of UK fintech
A Tech Nation programme to support the UK's financial technology startups demonstrates the increasingly diverse range of business-to-business products and services available through the country's fintech community Continue Reading
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News
07 Sep 2018
RBS announces branch closures as part of cancelled project to create challenger bank
The Royal Bank of Scotland has announced more branch closures and job losses as digital transformation continues to transform the sector Continue Reading
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Blog Post
07 Sep 2018
If Virgin Money combines with Clydesdale and Yorkshire its digital bank project could be canned
Virgin Mooney will probably scrap its plan to build a digital bank if it merges with Clydesdale and Yorkshire banks, because the latter already has an established bank. Continue Reading
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News
05 Sep 2018
The fintech startups to watch in the UK
Tech Nation’s choice of fintech companies to back reflects the changes expected to hit financial services IT Continue Reading
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News
04 Sep 2018
Element AI teams up with AI Singapore
The Canadian upstart is co-developing AI applications for local industries as part of its efforts to build new research capabilities via local talent pools Continue Reading
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News
04 Sep 2018
TSB CEO out after months of IT problems
TSB’s CEO, Paul Pester, is stepping down after the bank and its customers were beset by another round of IT problems Continue Reading
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News
22 Aug 2018
JP Morgan fintech strategy widens retail trading
Bank’s digital You Invest service opens up trading opportunities to millions of customers Continue Reading
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News
14 Aug 2018
How Unit4 punches above its weight in APAC
The supplier of enterprise resource planning software is giving users the ability to tweak its software easily without the need for consultants, turning the traditional enterprise software business model on its head Continue Reading
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News
09 Aug 2018
Rentokil robot Trevor kills off mundane processes
Pest control firm has deployed artificial intelligence robots to take out manual processes and progress its learning organisation approach Continue Reading
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Blog Post
09 Aug 2018
Banking as a service could help challenger bank expand and profit
Fintech driven challenger banks could make white label banking services attractive to businesses in various consumer facing sectors Continue Reading
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News
06 Aug 2018
Starling raises the fintech stakes with banking-as-a-service
Challenger bank enables companies outside the financial sector to offer their customers savings and current accounts via the bank’s APIs Continue Reading
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News
31 Jul 2018
UK fintech investment exceeds US and China
Financial technology investments in the UK have surpassed those made in the US and China Continue Reading
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News
30 Jul 2018
IBM and CLS to work on blockchain app store
IBM and foreign exchange settlement provider CLS are using their complimentary expertise to create an app store for finance firms using distributed ledger technology Continue Reading
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News
30 Jul 2018
Dubai disputes court and Smart Dubai partner to apply blockchain
Organisations in Dubai are working on developing the principal of blockchain-based courts Continue Reading
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Blog Post
27 Jul 2018
Five things to consider when joining Open Banking revolution
Open Banking has arrived and will gather pace over the coming tears, but what should organisations consider when they join the revolution Continue Reading
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News
27 Jul 2018
IT meltdown pushes TSB into loss
Bank is feeling the effects of its recent IT problems, reporting a loss of more than £100m for the first six months of 2018 Continue Reading
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News
24 Jul 2018
Capital markets firms to ramp up public cloud spending
Companies in the investment sector are increasingly using the public cloud to improve access to business-critical data Continue Reading
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News
24 Jul 2018
Nordnet drops AI assistant while SEB deepens collaboration
One Nordic bank decides to stop using cognitive agent Amelia to focus on other AI technologies, but another widens the use of the software Continue Reading
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News
20 Jul 2018
Brussels aims to become an insurtech hub
Belgian capital is calling on startups as it eyes up the huge opportunities in the insurance technology sector Continue Reading
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News
20 Jul 2018
Cloud sales stoke Microsoft’s strong growth
Microsoft says cloud-based Office products made a huge contribution to sales growth Continue Reading
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News
19 Jul 2018
SAP Q2 2018: Cloud revenue shows momentum, 600 more S/4 customers
SAP’s second-quarter results show cloud revenue now at one-fifth of total, indicating momentum. S/4 Hana customers now number 8,900 Continue Reading
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News
17 Jul 2018
Saudi Arabia entices UK fintechs to its shores
Saudi Arabia is offering fintechs from other countries the opportunity to access its large internal market Continue Reading
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E-Zine
12 Jul 2018
CW Middle East: Can Saudi Arabia build the Silicon Valley of the Middle East?
In April this year, Saudi Arabia’s crown prince Mohammed Bin Salman visited Silicon Valley in the US to meet tech giants such as Apple and Amazon in its efforts to fast-forward the kingdom’s technology capabilities. Read about its lofty ambitions. Also in this issue, read how demand for skilled IT professionals is increasing rapidly in the Middle East, which is facing a talent crunch. Meanwhile, Gulf Cooperation Council smart city initiatives are gathering momentum. Continue Reading
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News
11 Jul 2018
UK fintech industry fears Brexit-induced talent squeeze
London’s financial technology community warns of problems ahead as the reality of the UK leaving the EU unfolds Continue Reading
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News
06 Jul 2018
Investment flows into Nordic startups from all directions
The Nordic tech startup scene is attracting funding from a variety of sources, with private equity firms, banks and traditional IT companies all keen to put money in Continue Reading
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Blog Post
04 Jul 2018
London fintechs managed by Oracle's Brussels arm: a shock a few years ago, but not today
Not that surprising in this day and age that a large software company puts its European fintech resources in a city other than London Continue Reading
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News
02 Jul 2018
Case study: Logistics firm GWC moves from paper to digital HR in three months
Qatar-based logistics firm Gulf Warehousing Company introduced smart appraisals for employees, cut the time it takes to recruit, and gave staff and managers access to accurate HR data by replacing paper systems with human resources software Continue Reading
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News
02 Jul 2018
Oracle decides on Brussels for European fintech innovation centre
Software giant Oracle chooses Brussels as the centre of its European financial technology innovation programme Continue Reading
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News
27 Jun 2018
Nationwide Building Society to fund tech startups to the tune of £50m
With an available fund of £50m, Nationwide Building Society is the latest traditional financial services provider to support tech startups Continue Reading
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News
22 Jun 2018
IBM early findings on disastrous TSB core banking system migration released
Report released by Treasury Committee criticises lack of rigour in preparation for core banking system migration, but TSB says report’s content is out of date Continue Reading
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News
19 Jun 2018
Young generation tempted by Amazon bank-like services
Tech firms offering banking services will be inevitable in the future as more than half of young people are tempted by such a prospect Continue Reading
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E-Zine
14 Jun 2018
CW Europe: Lufthansa’s HR IT project takes off
Lufthansa says it is confident of landing a company-wide HR IT project after having to go back to the drawing board. Also in this issue, read about the ComputerWeekly/TechTarget IT Priorities survey’s findings that many European technology leaders are expecting to increase IT spending through 2018, and how a major report has reassured Swedish society that artificial intelligence will be a positive force for change despite fears of job losses. Continue Reading
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News
06 Jun 2018
Sapphire 2018: SAP will take over CRM market, says McDermott
SAP’s chief executive Bill McDermott tells 2018 Sapphire conference the supplier will storm the CRM market with its C/4 Hana business applications suite Continue Reading
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Blog Post
04 Jun 2018
Xero highlights the role of the modern software ecosystem
I recently caught up with Gary Turner, co-founder and managing of director of Xero. I was interested in meeting him as Xero has a reputation as the company that broke all the rules of ... Continue Reading
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News
04 Jun 2018
Subpostmasters told to expect decision on alleged unfair prosecutions in August
The Criminal Courts Review Commission is expected to announce the findings of an investigation into alleged unfair subpostmaster prosecutions in August Continue Reading
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News
01 Jun 2018
Visa card payments system goes down across the UK and Ireland
Millions of businesses across the UK and Ireland are unable to accept VIsa card payments because of a "service disruption" Continue Reading
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News
23 May 2018
Singapore to adopt European e-invoicing standard
The city-state is the first country outside Europe to embrace the Peppol e-invoicing standard to speed up business transactions and lower operating costs for SMEs Continue Reading
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Blog Post
22 May 2018
The UK fintech economy will create different pockets of excellence all over the country
London should not be seen as competition for fintechs in the North and they should not try to emulate London's fintech model Continue Reading
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News
22 May 2018
A third of people would buy insurance from Google or Amazon
Consumers are increasingly likely to buy insurance from tech giants as the insurtech industry hits the mainstream Continue Reading
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News
17 May 2018
Case study: British Airways’ global B2B sales gathered under Salesforce cloud
British Airways has gathered its international business-to-business sales under Salesforce Sales Cloud to bust silos Continue Reading
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News
16 May 2018
Nordic banks plan major digital transformation of operations
Banks in the Nordic region are set to accelerate their spending on technology as digital services take-up accelerates Continue Reading
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Blog Post
15 May 2018
Higher interest rates would tempt me even though TSB has just had an IT disaster
I would be tempted to move to a bank that offered higher interest rates even though it had just had an IT disaster Continue Reading
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News
15 May 2018
TSB refused help from Lloyds as IT meltdown began
TSB turned down an offer of help from Lloyds Banking Group as the migration of customers accounts to its new banking system went wrong Continue Reading
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News
15 May 2018
Santander latest traditional player to open digital bank
Santander is the latest traditional bank to follow an industry trend and develop a digital banking unit Continue Reading
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News
14 May 2018
HSBC blockchain trial proves trade finance utility model
HSBC and ING used blockchain to successfully complete a real-world trade financing transaction as part of a pilot Continue Reading
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News
11 May 2018
Virgin Trains on using AI and virtual reality to boost customer experience
Speaking at the Knowledge 18 ServiceNow conference in Las Vegas, Virgin Trains outlined the potential role immersive and data-driven technologies can play in improving customer experience Continue Reading
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Opinion
11 May 2018
Building a tech future between the UK and India
A new tech partnership between the UK and India will benefit the digital economy in both countries, says secretary of state for digital, culture, media and sport Matt Hancock Continue Reading
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E-Zine
10 May 2018
CW Benelux: Rotterdam charts course to become world’s smartest port
The Port of Rotterdam in the Netherlands is using internet of things and artificial intelligence technology from IBM in a bid to become the world’s smartest port. Also read how companies in the Netherlands are only partly ready for the country’s version of the EU’s General Data Protection Regulation (GDPR), and why the European Central Bank thinks cash will remain in use in the Eurozone for a very long time. Continue Reading
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News
09 May 2018
NatWest fintech investments bear fruit as SME loans platform goes live
Online lending platform enables small businesses to apply for loans of up to £150,000 in 10 minutes Continue Reading
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News
09 May 2018
HSBC launches open banking app
In line with open banking regulation, HSBC has launched an app that enables users to see accounts from 21 different banks in one place Continue Reading
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News
08 May 2018
TSB offers interest rate sweetener as IT issues continue at the bank
TSB is offering customers higher interest rate to go towards making up for the problems its core banking system migration caused customers Continue Reading
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News
02 May 2018
Workday to continue investing heavily in APAC
Cloud applications supplier has increased its investments in the region by more than 50% in the past year, and is looking to maintain its double-digit growth in international markets Continue Reading
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E-Zine
01 May 2018
Making music with AI
In this week’s Computer Weekly, we look at how artificial intelligence is being used in the creative industries such as music and books, and ask whether AI can ever replace human creativity. TSB’s IT meltdown is symptomatic of the tech challenges facing UK banks – we examine the issues. And our latest buyer’s guide analyses the trends in big data. Read the issue now. Continue Reading
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Blog Post
01 May 2018
Could Agile and DevOps be to blame for banking IT failures?
Is the use of Agile and Devops partly to blame fir the increasing number of IT failures at banks on recent years and is there anther way? Continue Reading
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Blog Post
30 Apr 2018
Fintech professional’s tech predictions: 6– Banks to sell more unbranded services to websites
Banks are taking their brand names off the high street and might increasingly do so for services they offer to ecommerce companies Continue Reading
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Blog Post
27 Apr 2018
How machine learning is used to detect fraud
One of machine learning’s most well-known use cases is fraud detection, an area that has drawn the attention of a growing number of technology suppliers looking to develop the best algorithms and ... Continue Reading
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News
26 Apr 2018
British banks target Israeli security technology
British banks are turning to Israel’s high-tech sector to protect against cyber attacks Continue Reading
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News
26 Apr 2018
TSB banking service tech problems continue
TSB customers are still experiencing problems using online and mobile banking services after almost a week of disruption Continue Reading
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Blog Post
26 Apr 2018
TSB chaos: When choosing bank people should look at core banking platform and not just funky apps
If customers don't want to suffer glitches in their banking service they should ask about complexities of a bank's IT systems before selecting where to out their money Continue Reading
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Blog Post
25 Apr 2018
About one million NatWest bank customers to move to RBS digital bank
More details of RBS's digital bank revealed Continue Reading
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Blog Post
25 Apr 2018
Human error to blame for Ulster bank glitch, but computer seen fleeing scene of crime.
Human error to blame for problems at Ulster bank but a computer was involved Continue Reading
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News
25 Apr 2018
TSB IT meltdown has the makings of an epic
TSB’s very public IT problems will send shivers down the spine of IT teams at large banks that are yet to migrate to new core banking systems Continue Reading
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News
24 Apr 2018
Criminal Courts Review Commission findings in Post Office computer case raise further enquiries
The Criminal Courts Review Commission forensic examination of the IT system at the centre of a legal case against the Post Office has raised further questions Continue Reading
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News
24 Apr 2018
SAP Q1 2018: Cloud revenue breaks €1bn, 400 more S/4 customers
SAP’s overall first-quarter revenue was flat, but cloud revenue and profitability were up, while its S/4 Hana customer base stands at 8,300 Continue Reading
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News
23 Apr 2018
The dawn of open banking in Australia
Financial services firms will need to embrace DevOps and modernise their IT infrastructure to compete with more nimble fintech companies in an open banking regime Continue Reading
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Blog Post
23 Apr 2018
TSB IT system chaos as bank cuts rope from Lloyds systems
TSB customers have experiienced serious proiblems as the bank migrates to its new core banking platform Continue Reading
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Opinion
19 Apr 2018
Blockchain: Paving the way for broad adoption
The foundations have been laid for organisations to begin standardising on the technology, talent and platforms that will drive future blockchain initiatives Continue Reading
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News
17 Apr 2018
Artificial intelligence will help Metro Bank customers manage their money
Service will use AI and predictive analytics to provide personalised prompts to help customers control their spending Continue Reading
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News
17 Apr 2018
Norway’s tax administration combats economic crime through IT
Authority has updated its IT system to step up the fight against tax evasion Continue Reading
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News
16 Apr 2018
Santander uses Ripple technology to offer international payments
Santander has launched an international fund transfer service for retail customers in the UK about two years after it started testing the blockchain-based application Continue Reading
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E-Zine
12 Apr 2018
CW Middle East: UAE makes artificial intelligence leap
The United Arab Emirates wants to be at the heart of the artificial intelligence (AI) revolution and is already testing its mettle as a global tech advocate and innovator. Also in this issue, read how Abu Dhabi is open to developing its fintech ecosystem, with the next 12 months expected to see more focus on the sector, and how Dubai’s transport authority has enlisted Here Technologies to build a high-definition map of the city to support its goals around self-driving cars. Continue Reading
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Blog Post
10 Apr 2018
AI will cut huge chunks out of banking compliance workforce and London high streets might die
What will happen to London's high streets when robots replace the people that buy all the flat whites? Continue Reading
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News
10 Apr 2018
PayPal is latest tech giant to eye traditional banking
PayPal set to launch launch traditional retail banking services in the first half of this year Continue Reading
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News
09 Apr 2018
HSBC adopts fintech to fight money laundering
HSBC is using technology from a fintech startup to help it monitor transactions for potential money laundering Continue Reading
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News
09 Apr 2018
Dubai's gamble on bitcoin property sales
Dubai is pioneering the use of bitcoin in the real world, with the property sector leading the way Continue Reading
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News
06 Apr 2018
UK challenger bank gives up banking licence to focus on fintech
CivilisedBank plans to serve small and medium-sized enterprises with savings and investment products Continue Reading
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News
05 Apr 2018
Deutsche Bank system replacement already paying back
Deutsche bank is replacing a complex IT infrastructure that helps its traders operate and automates regulatory compliance processes Continue Reading
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Feature
05 Apr 2018
Silicon Valley startups pitch in to the remaking of corporate IT
Enterprise IT is being remade by DevOps, cloud, containerisation and the incursion of AI. We look at one group of Silicon Valley-based suppliers attacking different vectors of new model IT Continue Reading
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Feature
26 Mar 2018
How to make the leap from traditional bank to digital bank
To compete effectively in an increasingly digital financial landscape, conventional banks need to build greater efficiency, value and trust through technology Continue Reading
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News
22 Mar 2018
Colt pioneers blockchain in telco voice wholesaling
Colt Technology Services and Hong Kong Telecom’s international unit PCCW Global teamed up to trial the use of blockchain in wholesale voice settlements Continue Reading
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News
22 Mar 2018
Fintechs weigh up their partnership options
Fintechs need to consider what type of companies they should work with to make the most of open banking regulations Continue Reading
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News
22 Mar 2018
What would coders do in ethical grey areas?
Software developers are writing code that affects the lives of millions of people and how businesses are run, but what do coders think about some of the ethical questions they face? Continue Reading
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News
21 Mar 2018
RBS said to be setting up its own digital bank
Royal Bank of Scotland is reportedly setting up a standalone digital bank to take advantage of changing customer habits Continue Reading
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Blog Post
20 Mar 2018
Innovate Finance Global Summit gets fintech ready for adulthood
Fintech is coming of age and faces all the challenges that growing up entails Continue Reading
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E-Zine
20 Mar 2018
Where neuroscience meets technology
In this week’s Computer Weekly, we find out how computer scientists are using data, cloud and virtual reality to understand the brain and improve mental wellbeing. We analyse newly published government documents detailing the early problems with the Universal Credit IT project. And we look at how emerging artificial intelligence techniques can help improve cyber security. Read the issue now. Continue Reading
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News
19 Mar 2018
First Direct enables customers to pay by Siri
Customers of online bank First Direct can now use voice commands to transfer money through Apple’s digital assistant Continue Reading
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Blog Post
14 Mar 2018
Is paying for a bus using cryptocurrency really that shocking?
Is it that shocking that people will be paying for buses using cryptocurrency within seven years? Continue Reading
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Opinion
14 Mar 2018
How to make the most of your SAP licences
There is no point in paying for something you never use – or worse, using the wrong licence. Doing the bare minimum for SAP licence management is not enough Continue Reading
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News
14 Mar 2018
Most people think cryptocurrency will be accepted on buses by 2025
Cryptocurrency is a mystery to many people, yet 55% of respondents to a survey expect shops and buses to accept digital money in seven years’ time Continue Reading
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Feature
12 Mar 2018
Have traditional banks weathered the fintech challenge?
How will the financial technology-based challenger banks evolve as the traditional retail banking industry ups its digital game? Continue Reading
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News
09 Mar 2018
Amazon bank could have 70 million customers in five years
Amazon could have more banking customers in the US than the UK has citizens within five years Continue Reading
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News
08 Mar 2018
EC reveals plan to make Europe global fintech hub
The European Commission has unveiled proposals to boost the EU’s financial technology sector Continue Reading
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E-Zine
08 Mar 2018
CW Europe: Germany’s Lemoncat takes catering to the cloud
Business catering startup Lemoncat has taken advantage of the affordable cost of living in Berlin and is shaking up the catering sector by harnessing the Amazon and Salesforce clouds. Also in this issue, read how Moscow’s government is taking advantage of high penetration of broadband and mobile internet to expand innovative services under the Russian capital’s smart city programme, and how organisations in the Netherlands still have much to do to comply with the General Data Protection Regulation. Continue Reading
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News
07 Mar 2018
World Economic Forum creates fintech focus group for cyber security
WEF consortium of companies will focus on protecting financial technology firms from cyber threats Continue Reading