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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Opinion
16 Apr 2021
Post Office’s full and final settlement with Horizon scandal victims in plain English
The legal settlement with subpostmaster victims of the Horizon scandal that the government and the Post Office say is “full and final” is anything but Continue Reading
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News
15 Apr 2021
Only government standing in the way of fair compensation for subpostmasters
The UK government is the only block to fair compensation for subpostmasters who were wrongly punished for accounting shortfalls Continue Reading
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News
11 Apr 2021
Executive interview: Unleashing blockchain’s potential
Labrys founder and CEO Lachlan Feeney offers his observations about blockchain adoption in Australia, and what his firm is doing to help organisations unleash the full potential of the technology Continue Reading
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News
08 Apr 2021
Post Office Horizon contract extension is part of project to bring Fujitsu work in-house
The Post Office is to move work done by Fujitsu in-house when its outsourcing contract ends, and is already recruiting IT experts Continue Reading
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News
07 Apr 2021
A billion extra contactless payments in year since limit increase
Visa said there was an extra one billion contactless payments made by its customers last year Continue Reading
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News
07 Apr 2021
Post Office gives controversial Fujitsu contract another year
The Post Office's controversial contract with Fujitsu has been extended another year to help the organisation manage its exit Continue Reading
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News
06 Apr 2021
Demands for changes to ‘barmy’ rules on digital evidence have government’s ear
The government is listening to calls for changes in how digital evidence is considered in court, as Post Office IT scandal spells out current rule's inadequacy Continue Reading
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News
29 Mar 2021
CW Innovation Awards: How DBS is transforming credit processes
DBS Bank’s credit architecture programme has digitised and reimagined credit processes through a unified platform that has improved the productivity and efficiency of its credit teams Continue Reading
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News
25 Mar 2021
Government faces judicial review into plans for Post Office Horizon inquiry
Subpostmasters that suffered great hardship at the hands of the Post Office are applying for a judicial review of a government inquiry into the scandal, which they see as a "whitewash" Continue Reading
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News
24 Mar 2021
Ex-Post Office CEO Paula Vennells walked away from IT scandal with over £400,000 in pay and bonuses
Former Post Office chief was paid over £400,000 when she left despite the organisation being involved in what would become the biggest miscarriage of justice in UK history Continue Reading
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News
24 Mar 2021
Covid-torn supply chains speed cloud adoption, says Oracle’s Miranda
Second wave of pandemic has seen some Oracle customers speed up adoption and others attend to some enterprise software housekeeping Continue Reading
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News
24 Mar 2021
Post Office was told in 2013 that Fujitsu witness was unreliable in subpostmaster prosecutions
The Post Office was warned that a former Fujitsu employee had misled courts when giving evidence on its behalf Continue Reading
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News
23 Mar 2021
NUHS taps RPA in Covid-19 swab tests
Singapore’s National University Health System deploys RPA bots to automate patient registration during Covid-19 swab tests as part of broader efforts to improve efficiency Continue Reading
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Feature
23 Mar 2021
Anti-money laundering technology must operate in a collaborative ecosystem
With new technologies making it easier for banks to spot money laundering activity, we look at why the problem persists at scale, finding that ecosystems and collaborative processes need to be built Continue Reading
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News
22 Mar 2021
Post Office staff instructed to shred documents that undermined its claims Horizon was robust
Barrister advising the Post Office in 2013 stated that destroying documents would "amount to a conspiracy to pervert the course of justice" Continue Reading
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News
19 Mar 2021
Post Office IT scandal executive forced out of job at Football Association of Wales
Angela van den Bogerd has left her role at the Football Association of Wales, following criticism of her part in Post Office IT scandal Continue Reading
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News
18 Mar 2021
Government to bail out Post Office which can’t afford to pay compensation to subpostmasters
The Post Office does not have enough money to pay compensation to the subpostmasters it wrongfully prosecuted Continue Reading
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News
18 Mar 2021
Subpostmasters in Court of Appeal to end 20-year torment
Subpostmasters heading to Court of Appeal to clear their names in what is potentially the biggest miscarriage of justice in English legal history Continue Reading
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News
11 Mar 2021
Potential miscarriages of justice of Scottish subpostmasters move to full review
The Post Office Horizon scandal gets bigger as subpostmaster prosecutions in Scotland are reviewed Continue Reading
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News
11 Mar 2021
Oracle Q3, 2020-21: Revenue growth of 3% backdrop to Ellison attack on SAP
Chairman and CTO Larry Ellison launches competitive attack on SAP as Oracle’s third-quarter results show revenue growth of 3% Continue Reading
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News
11 Mar 2021
IFS ramps up single-platform cloud delivery as it bids ERP adieu
Business applications supplier shifts fundamentally to cloud infrastructure while sloughing off enterprise resource planning as it rebrands Continue Reading
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Blog Post
11 Mar 2021
Pay-in-three is a slur
PayPal is taking its seductive “buy now, pay later” service to Australia, after successful roll-outs in Britain and the US saw it handle more than £540m of transactions by the end of 2020. It’s ... Continue Reading
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News
10 Mar 2021
Welsh FA boss linked to recruitment of controversial former Post Office executive to step down
Football Association Wales CEO Jonathan Ford is stepping down after losing a vote of no confidence triggered by the controversial appointment of Angela van den Bogerd, who was involved in the Post Office IT scandal Continue Reading
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News
09 Mar 2021
Prime minister yet to respond to serious subpostmaster concerns over Horizon IT scandal inquiry
Subpostmaster victims who have spent millions bringing the Post Office IT scandal to light have received no reply to their concerns from Boris Johnson Continue Reading
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News
08 Mar 2021
Government to change unfair private prosecution rules used to prosecute innocent subpostmasters
Government agrees to change private prosecution rules that were abused by the Post Office in its pursuit of subpostmasters wrongly accused of financial crimes Continue Reading
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News
04 Mar 2021
Bank of Ireland to reduce branch network by almost half
Bank of Ireland is latest bank to pin its future on digital channels as customers change their banking habits Continue Reading
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News
02 Mar 2021
How SAP is riding the rising tide of cloud
SAP’s newly minted president for Asia-Pacific and Japan talks up the company’s cloud traction and what is being done to ease the transition to S/4 Hana Continue Reading
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News
26 Feb 2021
It’s now or never for UK fintech, government told
The UK government faces a ‘now or never’ moment if it wants financial technology to play a central role in the economy for years to come Continue Reading
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News
24 Feb 2021
Appointment of disgraced former Post Office director triggers vote of no confidence in Welsh FA boss
Vote of no confidence in Football Association of Wales boss triggered by recruitment of former Post Office executive who tried to mislead a judge in IT trial Continue Reading
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News
23 Feb 2021
Subpostmaster group calls for prime minister to pause Horizon ‘whitewash’ inquiry
Subpostmasters call for Boris Johnson to pause and reshape the government’s Horizon inquiry Continue Reading
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Podcast
23 Feb 2021
Post Office Horizon and the subpostmasters’ justice fight – Computer Weekly Downtime Upload podcast
In this episode of the Computer Weekly Downtime Upload podcast, Karl Flinders joins Caroline Donnelly, Clare McDonald, and Brian McKenna to discuss the Post Office Horizon system that brought havoc to the lives of subpostmasters and subpostmistresses Continue Reading
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News
22 Feb 2021
UK government set to offer fintech visa
The importance of immigrant workers to the UK's fintech sector highlighted by government planned fintech visa Continue Reading
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News
19 Feb 2021
Fujitsu bosses knew about Post Office Horizon IT flaws, says insider
A former senior developer who worked for Fujitsu on the Post Office IT system that led to subpostmasters being falsely accused of fraud, has claimed bosses knew of fundamental flaws before going live Continue Reading
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News
16 Feb 2021
TransferGo to harness Google-inspired tech capability
Payments fintech TransferGo chooses cloud-native core banking platform to build a digital wallet and expand its services Continue Reading
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News
16 Feb 2021
Qatar regulator launches platform to monitor human understanding of financial crime
Qatari financial services regulator works with global body to provide digital platform to assess whether financial services workers understand how to prevent financial crime Continue Reading
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E-Zine
11 Feb 2021
CW Benelux: Is reluctance to report cyber crimes in the Netherlands helping the criminals get away?
According to an academic study in the Netherlands, only one in seven Dutch people report a cyber crime to the police when it happens - feeling it is better to sort the problem out themselves because they don’t think the police will do anything. This is storing up trouble as cyber crime is an increasing problem in the country. Also in this issue, read why Dutch bank ABN Amro is selling its head office. Continue Reading
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News
08 Feb 2021
Woolworths to invest more than A$50m in skills training
More than 60,000 Woolworths employees across store and e-commerce operations, supply chain network and support offices are expected to benefit from the new investment Continue Reading
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News
03 Feb 2021
Has Covid-19 made bank branch closures easier to sell?
Big banks continue to close branches and invest more in technology as the Covid-19 pandemic makes a case for digital banking Continue Reading
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News
02 Feb 2021
Nordic countries dominate European online banking take-up
Nordics dominate online banking take-up in Europe, but the UK is not far behind Continue Reading
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News
28 Jan 2021
JP Morgan Chase hires for UK digital bank launch
US banking giant hires in the UK in preparation for digital consumer bank launch Continue Reading
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News
28 Jan 2021
SAP launches ‘Rise’ business transformation as a service
SAP CEO Christian Klein announces business transformation as a service package, dubbed Rise Continue Reading
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News
26 Jan 2021
Customers turn to cash as IT issue hits card payments at major supermarkets
IT problem at payment processing company has forced shoppers to resort to cash in Morrisons and Co-op stores Continue Reading
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News
20 Jan 2021
More subpostmasters’ prosecutions sent to appeal for wrongful conviction
Four more subpostmasters are to have their appeals against criminal convictions heard in the appeal courts Continue Reading
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News
20 Jan 2021
IT scandal exposes legal rule that made it easy for Post Office to prosecute the innocent
Lawyers call for changes to digital evidence rule that made it easier for the Post Office to ‘bamboozle courts’ and make subpostmasters pay a heavy price for its IT failings Continue Reading
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News
14 Jan 2021
London received quarter of all European tech funding in 2020
Technology startups in London raised near-record levels of venture capital investment last year despite uncertainty related to Brexit and Covid-19 Continue Reading
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News
14 Jan 2021
Numbers stack up for UK open banking three years on
Three years have passed since open banking regulations came into force and momentum is gathering Continue Reading
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E-Zine
14 Jan 2021
CW Middle East: $60m venture capital fund targets 120 startups
Countries in the Middle East see technology as an industry of the future and are investing heavily in the sector as part of their economic diversification plans. Read in this issue how the latest development will see a $60m venture capital fund, based in Bahrain, invest in 120 early-stage startups across the Middle East region. Also read how Saudi Arabia has signed two agreements with Chinese IT suppliers as it strives to deliver its ambitious programme to diversify its economy. Continue Reading
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Blog Post
13 Jan 2021
Doubting Thomas
As a rule of thumb, we wish only misery and ruin on Bitcoin investors for daring to make the phenomenon sound any more sophisticated than a Bet365 advert. But our maniacal propensity for ... Continue Reading
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News
12 Jan 2021
Retail giant Walmart to launch a fintech
Fintech will be geared towards offering the services Walmart’s customers and employees want Continue Reading
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News
06 Jan 2021
NHS trust says appointment processes robust despite criticism of role for Post Office scandal CEO
NHS trust defends its director appointment process following an external review of its recruitment of former Post Office CEO Paula Vennells Continue Reading
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Feature
18 Dec 2020
4 supply chain finance benefits and why they matter now
Liquidity in the supply chain for buyers and suppliers is just one of the benefits supply chain finance can offer companies. Learn about some others. Continue Reading
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News
17 Dec 2020
Post Office suffers latest court defeat in Horizon IT scandal
Court of Appeal indicates subpostmasters can pursue appeal route that could do more damage to Post Office’s reputation Continue Reading
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News
14 Dec 2020
Appointment of disgraced former Post Office executive at Welsh FA questioned by MP
The appointment of a former Post Office executive, who tried to mislead a judge, in the Football Association of Wales has been questioned by an MP Continue Reading
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News
11 Dec 2020
History made as subpostmasters wrongly prosecuted in Horizon IT scandal have convictions quashed
Six subpostmasters who were wrongly prosecuted for accounting shortfalls caused by computer errors have their convictions quashed after years of campaigning Continue Reading
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News
11 Dec 2020
Agility key to pandemic recovery, say APAC CFOs
Chief financial officers in the Asia-Pacific region call for financial transformation to bring about the agility that their organisations need to tide over the pandemic Continue Reading
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E-Zine
10 Dec 2020
CW Europe: Tour de France fans get a virtual experience
The organisers of this year's Tour de France worked with technology services company NTT in partnership with Amaury Sport Organisation to provide what they described as an “enhanced experience” for race fans who could not be at the roadside because of Covid restrictions. Also read why Deutsche Bank has agreed to sell its retail banking IT operation to one of its main IT suppliers for a token €1. Read the issue now. Continue Reading
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News
07 Dec 2020
Singapore government to boost blockchain adoption
Singapore government unveils S$12m programme to promote development and adoption of blockchain applications beyond financial services Continue Reading
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News
03 Dec 2020
Bank of England enlists development partner to unlock cloud
Bank has agreed a two-year deal with a cloud development platform provider as it seeks to take its cloud journey to the next level Continue Reading
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News
01 Dec 2020
Government covers its ears as complaint by victims of Post Office abuse heads to ombudsman
Government denies responsibility for the abuse inflicted on subpostmasters by the Post Office over faulty IT system Continue Reading
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E-Zine
01 Dec 2020
How retailers are using technology to survive
In this week’s Computer Weekly, with high street retailers struggling to survive, we look at how technology can keep stores relevant. Everyone is focusing on flash storage, but hard disk drives are still an essential part of the IT toolkit. And we examine the latest developments in the ongoing Post Office Horizon IT scandal. Read the issue now. Continue Reading
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News
26 Nov 2020
Robots taking jobs, but creating careers
Robotic process automation developers tell Computer Weekly about the job they never expected to be doing Continue Reading
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E-Zine
26 Nov 2020
CW Nordics: Bank branch closures continue as digital banking grows
Sweden’s Handelsbanken is cutting its branch network by nearly half, which means more money will be invested in IT. But it’s not just Sweden and the Nordics – banks across the world are watching the fintech industry demonstrate to consumers what banking can be like if the right technology is in place. Also in this issue, read about the Norwegian government’s decision not to implement an outright ban on the use of 5G equipment supplied by China's Huawei. Continue Reading
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News
24 Nov 2020
Post Office accused of lying and being in contempt of Parliament in IT scandal
Campaigning politician demands access to documents that could prove that the Post Office lied Continue Reading
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News
23 Nov 2020
Subpostmasters want £300m from a government that allowed Post Office ‘reign of terror’
The government allowed the Post Office to “run amok” and destroy lives, says complaint to Parliamentary Ombudsman Continue Reading
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News
19 Nov 2020
Fujitsu staff under investigation for potential perjury in Post Office IT trial named
Court documents reveal the names of the Fujitsu employees under investigation for potentially providing misleading information in criminal trials Continue Reading
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News
17 Nov 2020
Automated image recognition: How using ‘free’ photos on the internet can lead to lawsuits and fines
Germany-based photographer Marco Verch uses computer scripts to populate the internet with topical images and photographs. People and companies who make mistakes in following the complex licensing terms of his ‘free to share and adapt’ photographs receive threatening ‘legal’ demands Continue Reading
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News
17 Nov 2020
Botched software update to blame for Post Office Horizon crash
Post Office says planned firmware update caused the problem that left branches unable to do business for 90 minutes Continue Reading
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E-Zine
17 Nov 2020
How Mastercard is taking digital payments into a new era
In this week’s Computer Weekly, we talk to Mastercard about how the credit card giant is using new technologies to take digital payments into a new era. After months of unprecedented uncertainty, we ask CIOs how they are planning for the next 12 months. And we examine how the growth in remote working will affect IT salaries. Read the issue now. Continue Reading
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News
16 Nov 2020
Post Office explanation of IT system outage so vague it is ‘pointless’
Post Office criticised over vagueness of its explanation of the cause of a UK-wide IT failure that saw subpostmasters unable to do business Continue Reading
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News
13 Nov 2020
Police open criminal investigation into potential perjury by Fujitsu staff in Post Office IT trials
Current and former Fujitsu staff could face prosecution for giving false evidence in the trials of subpostmasters accused of theft and false accounting Continue Reading
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E-Zine
12 Nov 2020
CW Benelux: Dutch Alzheimer’s app helps dementia patients
An app aimed at helping dementia patients and their families has been developed by the Alzheimer Society in the Netherlands. Also in this issue, read about a Belgian startup's app based on blockchain technology to help container handling at ports, and why Rabobank ditched its legacy backup. Continue Reading
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News
11 Nov 2020
What businesses can learn from GovTech’s digital strategy
Modernising its infrastructure and putting digital at its core has given Singapore’s Government Technology Agency the agility it needs to respond to the Covid-19 pandemic Continue Reading
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News
11 Nov 2020
Norway has lowest physical cash use in the world, says report
Norway claims to use less cash as a proportion of total spending than any other country across the globe, according to a study by its central bank Continue Reading
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News
10 Nov 2020
Deutsche Bank to sell retail banking IT unit to TCS for €1
Deutsche Bank has agreed to sell its retail banking IT operation to one of its main IT suppliers for a token €1 Continue Reading
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News
06 Nov 2020
Finger pointed at Fujitsu as Post Office Horizon system crashes nationally
Post Office branches offline during busy business hours after suffering an IT error that the Post Office said related to IT from supplier Fujitsu Continue Reading
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News
03 Nov 2020
Subpostmasters’ complaint about government begins its journey to Parliamentary Ombudsman
Government faces scrutiny of its handling of the Post Office IT scandal that destroyed subpostmasters’ lives and livelihoods Continue Reading
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News
27 Oct 2020
SAP Q3 2020 results: revenue down 4%, cloud silver lining hailed
SAP’s third quarter 2020 results stated a 4% year-on-year reduction in revenue, with an 11% increase in cloud revenue lightening the gloom Continue Reading
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News
23 Oct 2020
NHS trust takes another look at its appointment of IT scandal CEO
Imperial College Healthcare NHS Foundation Trust has asked for external review of its process when appointing controversial executive Continue Reading
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News
22 Oct 2020
ANZ Bank moves digital banking services to container platform
Australia’s largest bank now runs 30% of its internet banking services on Red Hat OpenShift in a move that has energised developers and paved the way for more automation Continue Reading
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Opinion
21 Oct 2020
From compliance to open banking to embedded finance – all thanks to APIs
The road to embedded finance, banking and insurance with APIs is full of promise – and banks should take it for a journey to a better world of finance Continue Reading
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News
21 Oct 2020
Financial services staff want work-from-home policies to continue after Covid
About half of workers in the finance sector want their employers to retain remote working policies brought in during the pandemic Continue Reading
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News
20 Oct 2020
Labour shares concerns over ‘whitewash’ Horizon IT inquiry
Labour MPs write to postal affairs minister expressing fears that the inquiry into the Horizon IT scandal does not guarantee cooperation from the Post Office, Fujitsu and government Continue Reading
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News
15 Oct 2020
Post Office races to solve IT error under gaze of public and banks
The Post Office is focusing urgently on fixing an IT error suffered by a subpostmaster amid the ongoing IT scandal Continue Reading
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News
14 Oct 2020
NHS England issues integrated cloud ERP procurement advice call
NHS England is calling on software suppliers for advice concerning the feasibility of moving and integrating its ERP systems in cloud infrastructure Continue Reading
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News
13 Oct 2020
Government minister’s plea for subpostmasters to take part in review of IT scandal rejected
Government minister met with former subpostmaster online in an attempt to get victims of the Post Office Horizon scandal involved in government review Continue Reading
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Opinion
08 Oct 2020
Excel is the hammer for too many businesses’ nails
Excel is a fine piece of software, but as Public Health England found out, its ubiquity and ease of use does not make it the ideal tool for every job that involves data Continue Reading
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News
08 Oct 2020
Care Quality Commission enquiries into IT scandal CEO continue
NHS regulator continues enquiries about the appointment of former Post Office CEO at Imperial College Healthcare NHS Trust as more damning details emerge Continue Reading
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News
08 Oct 2020
Accenture acquires NZ firm to bolster SAP practice
Accenture’s acquisition of Zag comes amid growing demand for expertise in S/4 Hana migrations in Australia and New Zealand Continue Reading
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News
06 Oct 2020
Government deaf to loud calls for statutory public inquiry into Post Office scandal
MPs are demanding the government holds a full statutory public inquiry into the Post Office IT scandal Continue Reading
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News
02 Oct 2020
Justice for subpostmasters as wrongful criminal convictions are set to be quashed
The Post Office has chosen not to contest 44 out of 47 appeals, meaning most are likely to have their names cleared, but others still face a Court of Appeal battle for justice Continue Reading
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News
29 Sep 2020
Over two million Brits using open banking
Data shows more than two million people in the UK are now taking control of their financial data through open banking Continue Reading
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News
29 Sep 2020
Subpostmasters still in the dark about live Horizon errors
Subpostmasters still not being told about all the known errors in the controversial Post Office branch accounting and retail system that they use Continue Reading
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News
29 Sep 2020
Universal Credit algorithm fails people in need, says Human Rights Watch
The human rights charity says the government’s flagship benefits system is “flawed” and that the means-testing algorithm used causes “irrational fluctuations and reductions in how much benefit” claimants receive each month Continue Reading
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News
24 Sep 2020
Can banks solve money laundering puzzle through technology?
Banks face a huge challenge in identifying and stopping money laundering without interfering with police investigations Continue Reading
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News
21 Sep 2020
DBS taps AI and data analytics in intelligent banking move
Singaporean bank has started using artificial intelligence and analytics to provide customers with hyper-personalised insights and recommendations, to win more market share Continue Reading
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E-Zine
14 Sep 2020
CW Europe: IT expertise in banks’ boardrooms reduces risk, says European regulator
Banks have for many years been underpinned by vast IT operations, but in the age of digital banking the IT is now front, centre and back of operations. It is therefore surprising that there are relatively few IT professionals sitting on the boards of Europe’s big banks. Read the issue now. Continue Reading
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News
11 Sep 2020
Santander to double investment in fintechs
Santander is doubling the amount of money it invests in fintech startups after the success of its funding arm, which was established in 2014 Continue Reading
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News
09 Sep 2020
London councils to share technology procurement platform
A new technology procurement platform will help all 33 local councils in London diversify their IT supplier portfolios Continue Reading
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News
08 Sep 2020
Post Office Horizon IT scandal victims face further battles as government digs heels in
The government repeats that it won’t pay victims’ legal costs and confirms review into the scandal will not have the power to call witnesses Continue Reading
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News
03 Sep 2020
Insurers accept they were slow to adopt digital
Insurance companies know they must prioritise digital investment and are planning in-house development to help make up lost ground Continue Reading