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
11 Jun 2024
Cobol knowledge crisis threatens Dutch financial systems
Expertise in complex Cobol systems, critical to major financial institutions, is dwindling in The Netherlands, resulting in retired professionals returning work 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
23 Sep 2022
Copenhagen Fintech connects its members to the world
Copenhagen-based startup initiative is driving fintech developments across the Nordic region, with Mastercard its latest global partner Continue Reading
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News
23 Sep 2022
Post Office scandal inquiry chair intervenes in slow compensation progress
Chair of statutory public inquiry into the Post Office Horizon scandal has aired his disappointment over the slow progress in making interim payments to victims Continue Reading
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News
23 Sep 2022
Mini-Budget 2022: HMRC tells firms to update payroll software ahead of November NI tax cut
HMRC is urging employers to ensure their payroll software systems are updated now, before the reversal of the previous government’s National Insurance tax hike kicks in Continue Reading
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News
14 Sep 2022
US to see huge increase in embedded finance transactions
Retailers and other non-financial businesses are increasingly offering their customers financial services, such as credit and payment options Continue Reading
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News
13 Sep 2022
JP Morgan acquires fintech for payments modernisation
JP Morgan acquires cloud-native payments technology as it modernises its IT infrastructure Continue Reading
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E-Zine
13 Sep 2022
Source responsibly: Tech sector efforts to root out forced labour are failing
In this week’s Computer Weekly, we analyse the technology industry’s failure to extirpate forced labour and slavery from its supply chains. We find out how cyber security firm Okta is rebuilding customer trust after a major security incident. And we discover how Caterpillar is modernising its data management to offer better customer service. Read the issue now. Continue Reading
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News
12 Sep 2022
Mistakenly transferred $504m to be returned to Citigroup
Judge rules that creditors should return $504m that was accidentally transferred to them by Citigroup Continue Reading
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News
12 Sep 2022
Lloyd’s of London is digitally transforming through the front door
Centuries-old financial services organisation is transforming its complex IT infrastructure through digital data Continue Reading
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E-Zine
09 Sep 2022
CW Europe: Why Russia could become the world’s biggest market for illegal IT
Faced with international sanctions and the departure of many global IT suppliers from Russia, companies there are seeking alternative, and sometimes illegal, routes to access IT products. Also read how new requirements are driving scientists and engineers in Europe back to the lab to start developing 6G technology. Continue Reading
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News
07 Sep 2022
Tech Nation Libra programme selects 35 scaleups for second cohort
The Libra 2.0 programme is designed to help underrepresented founders in the UK who are growing and seeking specific support for scaling up their business Continue Reading
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News
02 Sep 2022
Interview: Sibstar, the fintech app for dementia sufferers
Creator of app and debit card designed to support people living with dementia tells Computer Weekly how the idea developed Continue Reading
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News
02 Sep 2022
BBVA to add 2,000 software engineers to workforce this year
Spanish bank BBVA is boosting its IT department while its traditional workforce reduces amid digital transformation Continue Reading
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News
01 Sep 2022
Police interview Horizon scandal victim in investigation into potential perjury by Fujitsu staff
The Met Police have interviewed a former subpostmaster as part of an investigation into potential perjury by former Fujitsu staff Continue Reading
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Feature
29 Aug 2022
3 strategies for better finance-IT collaboration
Lack of communication between a company's finance and IT departments can cause problems with organizational goals and decisions. Learn how to improve finance-IT collaboration. Continue Reading
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E-Zine
25 Aug 2022
CW Nordics: Norway struggles to keep up with demand for tech specialists
The growing importance of IT in all industries, along with a shortage in skills, make for an excellent high-tech job market for candidates in Norway. Read how recruiters are struggling to keep up with demand. Also read how the Danish government encourages research in strategic fields to attract tech companies. Continue Reading
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News
04 Aug 2022
Financial Ombudsman Service mining for gold in cloud HR and finance
The Financial Ombudsman Service is reaping the benefits of the cloud-based human resources and finance system it implemented last year Continue Reading
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News
03 Aug 2022
More than 60% of world population will use digital wallets by 2026
Global take-up of digital wallets will accelerate over the next four years, driven by ‘super apps’ and QR code-based payments Continue Reading
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E-Zine
02 Aug 2022
How to create a datacentre capacity plan
In this week’s Computer Weekly, planning datacentre capacity is a growing challenge – we ask the experts for the latest best practice. Victims of the Post Office IT scandal explain why they think they were targeted for speaking out. And we look at the digital skills gap in retail and find out how employers can source talent. Read the issue now. Continue Reading
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Podcast
29 Jul 2022
Green IT, nominate top tech women – Computer Weekly Downtime Upload podcast
Caroline Donnelly, Clare McDonald and Brian McKenna discuss the CW IT sustainability think-tank, the launch of the Most Influential Women in UK Technology 2022 list, and Lambeth Council in the cloud Continue Reading
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News
26 Jul 2022
Post Office attacked subpostmasters who questioned Horizon, say victims
When the Post Office’s lie about the Horizon system failed to silence subpostmaster critics, it took more extreme measures, say victims of the scandal Continue Reading
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News
26 Jul 2022
Lambeth maps future with cloud applications
With its funding dramatically cut, Lambeth Council has turned to cloud delivery of its business applications to have a simpler technology stack and be nimbler in delivering services to its 330,000 population Continue Reading
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News
26 Jul 2022
Six more subpostmaster convictions overturned in Horizon scandal
More former subpostmasters have their wrongful convictions for theft and fraud overturned in the Court of Appeal Continue Reading
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News
20 Jul 2022
Starling Bank withdraws application for licence in Ireland
App-based bank decides against completing its application for a banking licence in Ireland after concluding it did not offer enough value Continue Reading
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News
13 Jul 2022
APAC organisations renew focus on ERP
Organisations in Asia-Pacific are looking to renew their enterprise resource planning systems as they emerge from the throes of the pandemic Continue Reading
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News
12 Jul 2022
Is time running out for legacy payments technology used by banks?
The company bringing Google-like processing to core banking for banks has added the same proposition in payments Continue Reading
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News
06 Jul 2022
Most APAC banks to spend more on cloud this year
More than nine in 10 banks across Asia-Pacific are increasing their cloud spending in 2022 after years of hesitation due to initial regulatory hurdles Continue Reading
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News
30 Jun 2022
Subpostmaster campaigning forces government to set up compensation scheme and make interim payments
Subpostmaster campaign group is a step closer to achieving what it was originally set up to do as government launches compensation scheme for its members who did not receive fair payouts Continue Reading
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News
30 Jun 2022
Independent scrutiny brought into compensation negotiations for wrongly prosecuted subpostmasters
Former Supreme Court judge will offer his view on the valuation of compensation for wrongly convicted subpostmasters Continue Reading
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News
29 Jun 2022
Inside Bendigo and Adelaide Bank’s cloud journey
With a strong DevOps culture, Australian bank has been moving its most important applications to the cloud in a journey that has already reaped returns Continue Reading
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News
27 Jun 2022
Manchester Airports Group taps Rise with SAP service to speed recovery
Manchester Airports Group, which includes London Stansted and East Midlands as well as Manchester, has chosen SAP’s Rise package, on AWS, as it seeks to ‘build back smarter’ post-pandemic Continue Reading
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News
21 Jun 2022
Post Office IT investigator to be released from confidentiality obligations for inquiry
Forensic accounting firm that ‘knows where the bodies are buried’ will be released from confidentiality obligations by the Post Office to give evidence to public inquiry Continue Reading
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News
20 Jun 2022
Minister says compensation offer to 555 subpostmasters close
Government minister says an announcement on subpostmaster compensation could be made within weeks Continue Reading
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News
20 Jun 2022
Neo4j teams up with Deloitte in ASEAN push
Neo4j is partnering with consulting firm Deloitte to meet the demand for graph technology on the back of its growing business in the ASEAN region Continue Reading
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News
13 Jun 2022
HSBC to give thousands of staff fintech training
Thousands of HSBC staff will receive training in fintech technologies through a course developed with Saïd Business School Continue Reading
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News
13 Jun 2022
Tech startups raise more than £12bn in 2022 to date
The £12.4bn in venture capital raised is more than was raised in the whole of 2020, putting the UK ahead of every country other than the US Continue Reading
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Definition
09 Jun 2022
calculator
A calculator is a device that performs arithmetic operations on numbers. Continue Reading
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News
09 Jun 2022
More wrongful convictions quashed in Post Office IT scandal
Two more Post Office Horizon scandal victims have had their wrongful convictions overturned Continue Reading
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E-Zine
31 May 2022
Trial and error – why the law on computer evidence must change
In this week’s Computer Weekly, the Post Office IT scandal highlighted the problem with computer evidence – we examine the need for legal reform. We assess the nuclear option for sustainable datacentre power. And we find out how IT experts can improve their soft skills and boost their career prospects as a result. Read the issue now. Continue Reading
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News
26 May 2022
The barristers that broke their backs to break the Post Office’s shield of lies
Computer Weekly spoke to the barristers at Henderson Chambers that fought the Post Office in the High Court to expose the widest miscarriage of justice in UK history Continue Reading
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News
17 May 2022
Post Office scandal victim calls for government’s role in silencing victims to be investigated
Victims of the Post Office Horizon scandal in Scotland raise further questions about Post Office and government conduct Continue Reading
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News
17 May 2022
Controversial Post Office IT system to be replaced by 2025
Work is ongoing by the Post Office to replace the controversial Horizon retail and accounting system used in nearly 12,000 branches Continue Reading
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News
11 May 2022
Sapphire 2022: Klein majors on sustainability and supply chain resilience
At SAP’s first in-person Sapphire customer conference in three years, CEO Christian Klein and his top team revisited the themes of sustainability and supply chain resilience, which were prominent in 2020 and 2021 Continue Reading
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News
10 May 2022
CCRC to contact 88 more former subpostmasters with potentially wrongful convictions
The Criminal Cases Review Commission is to contact 88 more potentially wrongfully convicted Post Office workers Continue Reading
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News
10 May 2022
Post Office scandal inquiry chair brings forward urgent compensation hearings
The chair of the Post Office Horizon scandal inquiry has brought forward hearings about compensation as victims warn that at this rate “people will die” before they get anything Continue Reading
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News
09 May 2022
Post Office scandal victims in Scotland to tell their stories, raising questions of law
Inquiry into Post Office scandal moves to Scotland, with differences in English and Scottish law raising further serious questions about subpostmaster prosecutions Continue Reading
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News
06 May 2022
How Rimini Street is growing its footprint in ASEAN
Rimini Street is expanding its reach in ASEAN as more companies, such as Malaysian carmaker Proton, look for cheaper software maintenance options Continue Reading
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News
04 May 2022
Judicial intervention 'inevitable' as Post Office compensation valuation falls short
Lawyer negotiating compensation for victims of Post Office scandal says the two sides are 'poles apart' on valuations Continue Reading
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News
03 May 2022
Post Office scandal CEO could be stripped of CBE
Honours Forfeiture Committee to review Paula Vennells’ CBE in the light of Post Office scandal Continue Reading
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E-Zine
03 May 2022
A prescription for digital accessibility at Boots
In this week’s Computer Weekly, millions of people have difficulties when using websites – we find out how Boots is making its e-commerce offering fully accessible. Our new buyer’s guide examines communications as a service. And we talk to Trainline’s CTO about how the rail app provider survived and thrived post-pandemic. Read the issue now. Continue Reading
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News
27 Apr 2022
Police question former Fujitsu worker again in Post Office scandal perjury investigation
Police have interviewed a former Fujitsu employee for the third time in the investigation into potential perjury during trials of wrongfully convicted subpostmasters Continue Reading
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News
25 Apr 2022
Post Office scandal victims still waiting for compensation a year after convictions overturned
Former subpostmasters at the centre of one of biggest miscarriage of justice in modern history are still waiting for compensation a year after their wrongful convictions were overturned Continue Reading
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News
22 Apr 2022
SAP Q1 2022: Revenue up 11%, Ukraine war impact projected to be €300m
SAP has announced first-quarter revenue of more than €7.1bn, and the Ukraine war is projected to have a €300m impact for 2022 Continue Reading
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News
21 Apr 2022
NexGen Networks deploys Equinix platform to scale business in Europe
Digital infrastructure company teams with fibre optic-based network systems provider to expand capacity in Europe in response to increasing demand for secure, low-latency interconnection Continue Reading
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News
21 Apr 2022
More Scottish subpostmaster conviction reviews expected as part of Post Office scandal
The Scottish Criminal Cases Review Commission expects more subpostmasters with potential wrongful convictions to come forward Continue Reading
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News
20 Apr 2022
Nationwide Building Society streamlines payment dispute process through software
Building society has speeded up the resolution of customer disputes over Visa payments by using Pegasystems software Continue Reading
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News
13 Apr 2022
Oracle vaunts ME as employee experience platform geared to post-crisis workforce realities
Oracle has launched an employee experience platform, dubbed ME, said to be designed for post-Covid, individualistic pandemic workforce trends Continue Reading
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News
07 Apr 2022
Banks should be able to integrate e-krona into existing systems, says Swedish regulator
Swedish financial services regulator says banks and service providers should be able to integrate a potential digital currency into existing systems Continue Reading
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Video
07 Apr 2022
The rise and rise of blockchain technology
The growing use of blockchain across Asia-Pacific is set to continue, with spending on the technology slated to hit $2.4bn this year, according to IDC Continue Reading
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News
06 Apr 2022
APAC organisations to spend more on AI
The higher investments in AI will be led by the region’s banking industry which is harnessing AI systems to mitigate risks and detect fraud Continue Reading
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News
05 Apr 2022
Zopa bank profitable after just 21 months
The bank that emerged from peer-to-peer lending pioneer has hit its first profit after 21 months of operation Continue Reading
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News
30 Mar 2022
Compensation goal finally in sight for 555 Post Office scandal victims
The subpostmaster campaign group which exposed the Post Office Horizon scandal could be close to achieving the objective it was established for, with fair compensation for its members in sight Continue Reading
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News
30 Mar 2022
Acquisition of UK fintech Azimo will address home-working challenges for enterprises
UK fintech acquired by Papaya Global is looking to improve cross-border employee payments Continue Reading
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News
30 Mar 2022
Lax money laundering controls lands N26 with ban from Italian central bank
German digital bank N26 has had problems with anti-money laundering regulations in the past, and is now banned in Italy Continue Reading
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News
29 Mar 2022
UK tech ecosystem reaches $1tn valuation
The onset of the Covid-19 pandemic prompted massive investment in the UK’s digital companies, which are collectively valued at $1tn Continue Reading
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News
29 Mar 2022
HSBC chooses IBM support for its quantum leap
UK bank moves to the next stage of its work with quantum computers through a deal with IBM Continue Reading
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News
28 Mar 2022
IT professionals wary of government campaign to limit end-to-end encryption
Members of the Chartered Institute of IT, the professional body for technology professionals in the UK, warn against limiting end-to-end encryption Continue Reading
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News
28 Mar 2022
Most big businesses are taking up banking as a service
API-based banking services allow corporate customers to offer financial services without the need for heavy tech development or regulatory approval Continue Reading
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Definition
28 Mar 2022
GAAP (generally accepted accounting principles)
GAAP (generally accepted accounting principles) is a collection of commonly followed accounting rules and standards for financial reporting. Continue Reading
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Definition
25 Mar 2022
general ledger (GL)
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Continue Reading
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News
24 Mar 2022
Unipart maps way ahead with Rise with SAP service
Unipart has chosen the Rise with SAP S/4 Hana-based service as it seeks to develop further the systems integration side of its business Continue Reading
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News
24 Mar 2022
Recognising APAC’s trailblazers in digital transformation
The region’s top industry innovators were recognised for their digital transformation efforts at the Computer Weekly Innovation Awards APAC 2022 Continue Reading
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News
24 Mar 2022
CW Innovation Awards: How WLTH is disrupting traditional banking
The fintech company built its own technology stack that delivers data analytics and other capabilities as it seeks to win market share from traditional banks Continue Reading
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News
23 Mar 2022
SAP to invest S$250m in Singapore innovation lab
New lab will double SAP’s engineering workforce in Singapore by 2025 and help to shape the company’s product development roadmap Continue Reading
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News
22 Mar 2022
Competition watchdog contacts Barclays and Lloyds banks over API failures
Barclays and Lloyds banks have failed to meet some of the open banking rules, says competition watchdog Continue Reading
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News
22 Mar 2022
555 subpostmasters to get fair compensation after government U-turn
Government finally agrees to pay 555 Post Office scandal victims fair compensation Continue Reading
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News
14 Mar 2022
‘Technical issues’ leave Post Office branches with ATM cash discrepancies
Discrepancies of up to £2,000 reported after an ‘IT change’ impacted more than 200 Post Office branches Continue Reading
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News
10 Mar 2022
Open banking’s next big thing could replace direct debits
Variable recurring payments could fuel the next stage of open banking take-up in the UK Continue Reading
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E-Zine
10 Mar 2022
CW Europe: Luxembourg sees big role in global fintech market
Read about Luxembourg’s aim to play a larger role in the rapidly growing global financial technology market. Also find out how a Siri-like digital assistant will automate the completion of government service requests in Estonia, and how drones can get life-saving equipment to heart attack victims in Sweden before emergency services can arrive on the scene. Continue Reading
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Opinion
08 Mar 2022
Subpostmasters won their David and Goliath battle, but initial goal still not reached
Despite exposing the Post Office Horizon scandal, Alan Bates, the former subpostmaster who drove the campaign for the truth, says the goal of repaying people what they lost has not yet been achieved Continue Reading
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News
08 Mar 2022
Horizon inquiry hearing sheds light on subpostmaster federation’s role in hushing up IT problems
A National Federation for Subpostmasters official had huge unexplained loss written off by Post Office despite many in the same position being convicted for crimes they didn't commit Continue Reading
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News
03 Mar 2022
Post Office warned of software flaw in 2006, but failed to alert subpostmaster network
The Post Office and Fujitsu failed to alert subpostmasters to a software error that caused them to be wrongly blamed for accounting shortfalls Continue Reading
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E-Zine
01 Mar 2022
Post Office Horizon scandal enters public conscience – at last
In this week’s Computer Weekly, 13 years after Computer Weekly first reported on flaws in the Post Office IT system, a public inquiry finally allows victims to reveal the devastating impact on their lives. Enterprises are starting to evaluate the uses of 5G. And we look at how SMEs have turned to e-commerce after the pandemic. Read the issue now. Continue Reading
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News
28 Feb 2022
Government set to backtrack on untenable position on subpostmaster compensation
The government looks set to backtrack on its previous stance and outline a means of providing fair compensation to a group of Post Office Horizon scandal victims so far left out of compensation schemes Continue Reading
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News
22 Feb 2022
Horizon inquiry questioning raises hopes of fair compensation for victims so far left out
Post Office Horizon scandal victims left out of current compensation schemes have had their hopes raised that the statutory public inquiry is seriously addressing their demands for fair financial redress Continue Reading
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News
18 Feb 2022
The British people are waking up to the scandal that happened under their noses
Victims of the Post Office Horizon scandal have been suffering in silence for many years, but the current public inquiry is giving them a voice, and people are listening Continue Reading
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News
16 Feb 2022
MPs demand urgent compensation for Post Office scandal victim group
MPs have called for the government to urgently provide fair compensation to a group of victims of the Post Office Horizon scandal who have so far been left out of compensation schemes Continue Reading
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Tip
15 Feb 2022
How SAP tools could help you move to continuous accounting
SAP tools like SAP Business Planning and Consolidation can help companies switch from periodic closing to continuous accounting and planning. Learn more about how it works. Continue Reading
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Tip
14 Feb 2022
Solving GAAP vs. IFRS, other accounting challenges with SAP
SAP ERP products can help users with international accounting challenges like GAAP vs. IFRS. Learn how the software can potentially make the process easier. Continue Reading
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News
09 Feb 2022
Post Office scandal victims to tell their stories in public
Victims of the Post Office Horizon scandal are due to tell their devastating stories to the statutory inquiry Continue Reading
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News
08 Feb 2022
UK fintech investment sees sevenfold increase in a year
UK fintech investment rose from $5.2bn in 2020 to $37.3bn in 2021, with 603 private equity, venture capital and merger and acquisition deals Continue Reading
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News
03 Feb 2022
Cack-handed government compensation scheme prolongs suffering of Horizon scandal victims
Victims of the Post Office Horizon scandal are being denied the millions of pounds they are owed as the government delays compensation resolution Continue Reading
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News
03 Feb 2022
UAE chooses Accenture to develop national payments platform
Consortium led by Accenture to build new payments infrastructure in the United Arab Emirates Continue Reading
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Tip
02 Feb 2022
How can SAP's Financial Closing Cockpit streamline closing?
SAP's Financial Closing Cockpit and its next-generation cloud iteration could help companies manage their closing more efficiently. Learn more about the applications' capabilities. Continue Reading
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Feature
02 Feb 2022
Finland brings cryostats and other cool things to quantum computing
Not only is Finland the clear leader in refrigeration technology for quantum computers, but it also leads in fundamental research into the underlying quantum information theory Continue Reading
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News
01 Feb 2022
Dutch software engineers join campaign for research funding
Software researchers from all over Europe are sounding the alarm: to maintain a strong international competitive position, more financial resources must be committed to software research Continue Reading
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News
27 Jan 2022
Bank account switching accelerates as consumers choose digital services
Surge in UK consumers changing current account providers is a sign that digital banking services are eating into the traditional sector Continue Reading
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News
26 Jan 2022
Demands on Fujitsu to contribute to £1bn Horizon scandal compensation costs
Fujitsu cannot hide away as taxpayers pick up the bill for the Post Office scandal triggered by its IT system, say peers Continue Reading
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News
26 Jan 2022
TigerGraph roars into APAC
The graph database technology supplier is approaching the region with a solution-based strategy and partnering with universities to grow local capabilities Continue Reading
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News
25 Jan 2022
Subpostmaster campaign group to meet government over unfair compensation settlement
A group of subpostmasters excluded from fair compensation in the Horizon scandal is to meet government department to discuss their demands Continue Reading
