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
07 Aug 2020
Cyber attack combined with Covid-19 puts Travelex into administration
Foreign exchange firm Travelex has cut UK staff by 1,300 and physical outlets will remain closed Continue Reading
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News
07 Aug 2020
Challenger bank sees huge growth during pandemic
Starling Bank has seen a big increase in its business amid the Covid-19 slowdown Continue Reading
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News
04 Aug 2020
Google links with eight US banks for current accounts
Tech giant works with banks to layer digital services on top of secure and regulated banking infrastructures Continue Reading
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News
04 Aug 2020
Nordic enterprises look for SAP price reductions as they navigate Covid-19
Businesses in the Nordics are using SAP Cloud Platform to address Covid-19 challenges and are also seeking price reductions Continue Reading
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News
03 Aug 2020
Private equity leads Nordic IT sector consolidation
Private equity firms and industrial giants are triggering mergers and acquisitions in the Nordic tech sector as investment slows amid the Covid-19 pandemic Continue Reading
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News
30 Jul 2020
Accenture selected for key role in Bank of England core settlement system replacement
Accenture will be technology delivery partner in project to replace the core system used to settle payments between banks Continue Reading
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News
28 Jul 2020
UK government aims fintech industry at Africa
UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa Continue Reading
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Opinion
23 Jul 2020
Making Tax Digital will boost business resilience in case of future Covid crises
HMRC is expanding the digitisation of income and corporation tax in a move that will benefit businesses, the self-employed and the economy, writes the government's financial secretary to the Treasury Continue Reading
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News
23 Jul 2020
APAC firms in early stages of digital transformation
More than three-quarters of APAC firms struggle to revise their financial plans amid the Covid-19 pandemic, with many still lacking agile systems and processes, a new study finds Continue Reading
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News
22 Jul 2020
BNP Paribas joins IBM financial services cloud project
IBM’s financial services cloud is gathering steam as more banks join its public cloud ecosystem of finance firms and developers Continue Reading
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News
16 Jul 2020
Banks face fairness challenges as they commit to AI technology
Banks working with artificial intelligence technology face governance challenges to ensure AI-based decisions are fair and ethical Continue Reading
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News
15 Jul 2020
HSBC chooses AWS for public cloud business operations
HSBC will use a cloud platform from Amazon Web Services across its business operations to accelerate its public cloud use Continue Reading
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News
15 Jul 2020
Singapore’s Project Ubin hits commercialisation milestone
A blockchain payments network prototype spearheaded by Singapore’s central bank and its partners could speed up and lower the cost of cross-border payments Continue Reading
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News
14 Jul 2020
Subpostmasters hit funding target to prevent government from burying IT scandal
The government is set to face scrutiny over its involvement in the Post Office Horizon IT scandal, described as one of the biggest miscarriages of justice in modern UK history Continue Reading
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News
13 Jul 2020
How SingEx is bracing itself for disruption
Singapore’s SingEx started its digital transformation journey a few years ago and has already pivoted its approach to cope with new challenges brought on by the Covid-19 pandemic Continue Reading
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News
09 Jul 2020
Tencent Cloud teams up with ADBC on banking services
Singapore’s Asia Digital Bank Corporation could leverage Tencent Cloud’s financial cloud platform to provide banking services to small businesses Continue Reading
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News
29 Jun 2020
MPs to examine fairness of private prosecutions in light of Post Office IT scandal
Parliamentary Justice Committee to hold short inquiry into the rules and regulations surrounding private organisations’ ability to initiate criminal proceedings Continue Reading
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News
25 Jun 2020
Former Post Office CEO and Fujitsu play the blame game in Horizon IT scandal
Post Office and Fujitsu blame each other for many of the failings in the Horizon IT scandal that wrecked lives Continue Reading
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News
24 Jun 2020
Firm that investigated controversial Post Office IT system to support criminal conviction appeals
Second Sight is working with law firm in appeals by subpostmasters against criminal convictions in Horizon IT scandal Continue Reading
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News
22 Jun 2020
Care Quality Commission to discuss concerns over Paula Vennells’ NHS role
Healthcare regulator will be discussing concerns about former NHS boss chairing an NHS trust at an upcoming meeting Continue Reading
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News
19 Jun 2020
Post Office Horizon scandal victims keep pressure on government’s doorstep
Subpostmasters fighting for justice in IT scandal are pressuring government on numerous fronts, as momentum is regained after reduced activity due to Covid-19 lockdown Continue Reading
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News
16 Jun 2020
Danske Bank begins process of creating autonomous development teams
Danish bank begins the process of changing how thousands of its staff work as it attempts to be more responsive to digital demand Continue Reading
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News
16 Jun 2020
Sapphire 2020: Christian Klein steps back from products to push ‘intelligent enterprise’ resilience
Christian Klein used his first Sapphire keynote as CEO of SAP to underline the supplier’s support for supply chain resiliency and automation against Covid-19 pandemic and climate change backcloths Continue Reading
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E-Zine
11 Jun 2020
CW Europe: 5G rush in Russia
Russian mobile operators are pooling their resources to help them overcome the technical challenges of creating 5G networks. Also read why Swedbank is rebuilding its anti-money laundering systems, and how a public-private partnership in the Netherlands is combating business email compromise fraud. Continue Reading
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News
11 Jun 2020
Anger as government launches ‘pathetic’ and ‘pointless’ review of Horizon scandal
The government has been accused of launching a review that fails in getting to the bottom of one of the biggest miscarriages of justice in UK history Continue Reading
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News
09 Jun 2020
How Malaysia’s Gain Secure stood tall amid Covid-19
Walter Wong, executive director of Gain Secure and former Microsoft employee, talks up how his business is coping during Malaysia’s lockdown Continue Reading
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News
05 Jun 2020
Businesses develop apps quickly to manage disruption of Covid-19
Healthcare companies, insurers, government agencies and big tech companies have used technology from Pegasystems to develop apps to manage the disruption caused by coronavirus Continue Reading
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News
04 Jun 2020
MPs' investigation into Post Office Horizon IT scandal bares teeth
Select committee chair writes to former Post Office CEO demanding answers over her role in IT scandal Continue Reading
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News
03 Jun 2020
CCRC sends 47 subpostmaster miscarriages of justice for appeal, asks for prosecution powers review
The Criminal Cases Review Commission sends 47 more subpostmaster cases to Court of Appeal and asks government to review private prosecution powers Continue Reading
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News
02 Jun 2020
Subpostmasters to force scrutiny of government’s role in Post Office IT scandal
The government's role in the Post Office Horizon IT scandal could soon be put under the microscope as subpostmasters take their complaints to the Parliamentary Ombudsman Continue Reading
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News
29 May 2020
UK fintech investment reaches record high
Huge increases in UK fintech investment over the past three years has seen the sector explode, but most of the activity is still concentrated in London Continue Reading
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News
27 May 2020
Subpostmasters crowdfund for justice in IT scandal
Campaign group calls for public support to help potential victims of Post Office Horizon IT scandal Continue Reading
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News
26 May 2020
900 more criminal prosecutions of subpostmasters could be unsafe because of IT failures
Post Office re-examines hundreds of prosecutions that could have resulted from faults in Horizon IT system Continue Reading
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E-Zine
26 May 2020
Can Lady Gaga and Madonna get people to take IT security seriously?
In this week’s Computer Weekly, after hackers threatened to release data from a US law firm’s celebrity clients, will people finally take cyber security seriously? Designing software for older users makes systems better for all – we examine how. And the IT chief at TSB explains how the bank recovered from its 2018 IT disaster. Read the issue now. Continue Reading
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News
20 May 2020
Coronavirus: Bahrain sees fintech take-up surge amid Covid-19 crisis
Covid-19 has spurred the use of financial technology in Bahrain, which could boost the industry in the country and wider Gulf region Continue Reading
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News
19 May 2020
Post Office executive who tried to mislead judge in Horizon trial leaves via back door
Angela van den Bogerd leaves position as Post Office director quietly, despite many years of service Continue Reading
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News
12 May 2020
Australia’s Kmart gears up for mainframe migration
Retailer is lifting and shifting some old Cobol code to AWS while rebuilding others into microservices in its mainframe migration move Continue Reading
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News
11 May 2020
How Sage scrambled software development team for Job Retention Scheme module
Small team of Sage developers, testers and payroll specialists in race against time to help customers facilitate HMRC’s furlough scheme Continue Reading
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News
11 May 2020
Micro Focus sees growth in mainframe migration business
Lifting and shifting Cobol code from mainframes to public cloud has been a growth driver for Micro Focus in the Asia-Pacific region, even as the software supplier continues to diversify its business Continue Reading
- 07 May 2020
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News
06 May 2020
Cash use to go below 5% of total spending in Middle East
Banks expect a rapid reduction of the use of cash in the region Continue Reading
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News
05 May 2020
Coronavirus: TSB develops smart agent to help staff during pandemic
TSB took just five days to design and implement a smart digital agent to answer customer questions during the Covid-19 pandemic Continue Reading
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Feature
04 May 2020
Changing realities of digital transformation in the public sector
Digitisation of citizen service delivery and government operations has accelerated during the coronavirus outbreak, despite legacy constraints Continue Reading
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News
01 May 2020
Subpostmasters receive their ‘inadequate’ damages over Horizon IT scandal
Subpostmasters who had their lives ruined by the Post Office’s faulty IT system have received their damages after a High Court victory Continue Reading
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News
28 Apr 2020
Met Police assessing evidence of potential perjury in Post Office IT trials
Force examines information about evidence given in court by Fujitsu staff on the Horizon IT system before deciding whether to investigate further Continue Reading
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E-Zine
21 Apr 2020
Taking robot technology to a New World
In this week’s Computer Weekly, we talk to the technology team behind a project to recreate the voyage of the Mayflower using a fully autonomous ship. We look at how India’s coronavirus lockdown is affecting UK companies that use offshore outsourcing. And we examine the challenges of making edge computing work. Read the issue now. Continue Reading
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News
15 Apr 2020
Coronavirus: Lloyds Bank to give thousands of tablet devices to over-70s
Banking group is giving away tablets and basic digital training to help vulnerable customers stay connected during the UK’s Covid-19 lockdown Continue Reading
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News
08 Apr 2020
What next for subpostmasters’ miscarriage of justice appeals?
Computer Weekly looks at the next stages in the process to clear the names of subpostmasters wrongly prosecuted for the crimes of theft and false accounting Continue Reading
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Feature
07 Apr 2020
How APAC firms are coping with the Covid-19 outbreak
The air of change looms large in companies operating in the Asia-Pacific region, with some doing better than others in keeping the lights on amid the coronavirus pandemic Continue Reading
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Feature
02 Apr 2020
SAP Business One overview: Features, benefits and more
SAP Business One promises holistic business management software. Learn more about its advantages and pitfalls, as well as pricing and integration, in this SAP Business One overview. Continue Reading
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Opinion
30 Mar 2020
CCRC findings on subpostmaster prosecutions reveal incompetence of successive governments
Former subpostmaster who took on the Post Office in a multimillion-pound legal battle speaks out. Continue Reading
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News
27 Mar 2020
How subpostmasters made legal history with biggest referral of potential miscarriages of justice
Subpostmasters seeking redress of prosecutions at the hands of an IT system force the biggest ever UK referral of cases of potential miscarriages of justice to the Court of Appeal Continue Reading
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News
26 Mar 2020
Subpostmaster prosecutions to be considered by Court of Appeal for miscarriages of justice
The Criminal Cases Review Commission is referring 39 subpostmaster prosecutions to the Court of Appeal to review for possible miscarriages of justice, with further analysis on 22 more cases ongoing Continue Reading
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News
25 Mar 2020
Meeting reviewing subpostmaster applications to appeal criminal prosecutions moves into second day
The Criminal Cases Review Commission has extended a meeting considering subpostmaster applications to appeal criminal convictions resulting from a faulty Post Office IT system Continue Reading
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News
24 Mar 2020
Norwegian banking app gives access to other banks’ accounts
Banking customers can access and make payments from their other bank accounts using the DNB Mobile Bank app Continue Reading
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News
24 Mar 2020
Coronavirus: Contactless spending limit increased to fight pandemic
Banking and financial services trade body UK Finance to increase spending limit for contactless payments to £45 from the start of April Continue Reading
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News
24 Mar 2020
Coronavirus: Fintechs create Covid Credit to help self-employed prove income loss
Financial technology professionals have created a tool that will support self-employed people claiming financial relief from the government during the Covid-19 pandemic Continue Reading
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News
23 Mar 2020
Coronavirus: Post Office postpones subpostmaster compensation scheme amid Covid-19 crisis
Scheme to compensate subpostmasters who suffered because of computer errors in the Post Office’s Horizon system is delayed Continue Reading
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News
20 Mar 2020
MP warns minister not to parrot civil servants’ lines on Post Office IT scandal
MP Kevan Jones has warned a government minister not to repeat the mistakes of predecessors in relation to the Post Office Horizon IT scandal Continue Reading
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News
19 Mar 2020
IT Priorities 2020: ANZ firms to spend more on cyber security
Over half of respondents in Australia and New Zealand plan to invest more in cyber security, especially in key areas such as data loss prevention Continue Reading
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News
18 Mar 2020
Employment and investment in UK tech sector booms
UK digital tech sector continues rapid growth in 2019, attracting record investment for another year Continue Reading
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News
17 Mar 2020
Travelex under threat as insolvency risk, hacking costs and coronavirus take their toll
Foreign exchange group’s future remains uncertain as its parent company, Finablr, prepares for potential insolvency Continue Reading
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News
16 Mar 2020
Secret Post Office deals cause fury among Horizon IT scandal campaigners
The Post Office has sparked anger with secret settlements with subpostmasters outside the recent legal action against it Continue Reading
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Opinion
13 Mar 2020
What is the Post Office board doing to right the Horizon wrongs?
Business lawyer Nick Gould compares the treatment of subpostmasters by the Post Office in the Horizon IT scandal with the huge HBOS fraud that saw £1bn stolen from small businesses Continue Reading
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News
12 Mar 2020
CIO interview: Miguel Rio Tinto, Emirates NBD
The Dubai-based banking group’s CIO, Miguel Rio Tinto, talks about its ambitious digital transformation plans Continue Reading
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E-Zine
12 Mar 2020
CW Europe: Experts examine Dutch government’s IT problems
Technology experts discuss the challenges and potential solutions to the Netherlands government’s IT problems. Also read how Russia’s VTB and Rostelecom are creating a platform to utilise big data technology, and how Spain’s CaixaBank is using AI to help its staff training. Continue Reading
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News
12 Mar 2020
Dutch landscape attracts fintech exploration
In 2019, the Netherlands had more than 450 companies active in financial technology. The country’s “polder model”, in which new and traditional companies work closely together, offers many opportunities for fintechs Continue Reading
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News
10 Mar 2020
MPs told to hold to account those responsible for Post Office Horizon IT scandal
Subpostmasters who had their lives destroyed by a faulty IT system and mistreatment by the Post Office have asked MPs to hold to account the people responsible for the injustices Continue Reading
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News
10 Mar 2020
VAT software supplier exposed data of millions
Eight million sales records belonging to UK and EU consumers left exposed due to misconfigured server Continue Reading
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News
06 Mar 2020
Those who did not play by the rules in Post Office Horizon scandal “should face prosecution”
Telford MP has become a vocal member of the campaign for justice for the subpostmasters who had their lives devastated as a result of being blamed for losses caused by errors in the Post Office’s core retail and accounting system Continue Reading
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News
06 Mar 2020
IT Priorities 2020: AI, cloud to dominate IT spending in India
Indian organisations are expected to spend more on artificial intelligence and cloud this year in a bid gain an edge over rivals through key technology investments Continue Reading
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News
04 Mar 2020
MPs call on PM to commit to full public inquiry into Post Office Horizon IT scandal
Business, Energy and Industrial Strategy Committee to investigate the Horizon IT system and will question Post Office executives over subpostmasters wrongly accused of fraud Continue Reading
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News
04 Mar 2020
IT Priorities 2020: UK business applications investment in AI gathers steam
Artificial intelligence intensifies as an investment area for UK IT buyers, while cloud delivery is coming to ERP as well as other applications Continue Reading
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News
02 Mar 2020
Boris Johnson’s commitment to inquiry into Post Office scandal in doubt
Boris Johnson’s apparent commitment to a public inquiry into the Post Office Horizon scandal is not so certain Continue Reading
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News
28 Feb 2020
Government claims it was misled by Post Office over IT scandal
Minister says Post Office IT experts misled the government when it asked questions about subpostmasters’ concerns over Horizon IT system Continue Reading
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News
27 Feb 2020
IT Priorities 2020: ASEAN firms on the frontline of digital transformation
Southeast Asian companies plan to spend more on infrastructure and cyber security, but the growth in IT budgets appears to be slowing down Continue Reading
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News
26 Feb 2020
Boris Johnson commits to 'getting to the bottom of' Post Office Horizon IT scandal
Prime minister Boris Johnson appears to commit to a public inquiry into the Post Office scandal over its accounting system, but government is yet to offer any details Continue Reading
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News
25 Feb 2020
Government admits it was too passive managing Post Office as parliamentary pressure builds
The UK government faces accusations of neglecting its duties handling the Post Office as pressure mounts in Parliament for justice for the subpostmasters who suffered due to faults in the Horizon IT system Continue Reading
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News
23 Feb 2020
Australian government inks sourcing deal with Rimini Street
The whole-of-government agreement will provide Australian government agencies with easier and cheaper access to third-party software support Continue Reading
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News
19 Feb 2020
Swedish consumer-protection legislation will hit fintechs
New financial regulation to protect consumers from agreeing to unnecessary credit will force financial technology companies to make changes to their products Continue Reading
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News
14 Feb 2020
Calls for inquiry into Post Office IT scandal increase in Parliament, with cross-party support
Many MPs might not yet fully understand the suffering subpostmasters have endured because of the Post Office’s faulty IT system and its oppressive behaviour, but they will soon Continue Reading
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News
12 Feb 2020
Brexit cited as reason for German digital bank’s UK exit
German challenger bank N26 leaves the UK, saying Brexit is the reason behind the decision due to the removal of passporting rights Continue Reading
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News
12 Feb 2020
Pressure for public inquiry into Post Office IT system scandal begins with mountain to climb
Members of Parliament seeking a public inquiry into the Post Office Horizon scandal face huge challenges, but pressure and time could force justice Continue Reading
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E-Zine
11 Feb 2020
How the Post Office caused so much misery
In this week’s Computer Weekly, after a landmark legal victory against the Post Office over a faulty IT system, campaigner Alan Bates shares his 20-year story of trials and triumph. Oracle is under fire over its cloud sales practices – we examine the claims. And we look at the sustainability challenges for datacentres. Read the issue now. Continue Reading
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News
09 Feb 2020
Australian government to roll out SAP S/4 Hana
Australia’s finance department earmarks S/4 Hana as its ERP system to provide common financial and HR services across government Continue Reading
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News
03 Feb 2020
Government refuses request to pay legal costs for subpostmasters in Post Office case
The government has refused to pay the huge legal costs subpostmasters incurred in their battle with the government-owned Post Office, which they won Continue Reading
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Feature
31 Jan 2020
Alan Bates: The ‘details man’ the Post Office paid the price for ignoring
In 2003, subpostmaster Alan Bates had his contract terminated when he refused to comply with Post Office policy. A decade and a half later, against the odds, he took the Post Office to the High Court and won a multimillion-pound legal case Continue Reading
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News
28 Jan 2020
Subpostmaster prosecutions move closer to appeal
Prosecutions are a significant step closer to being sent to the Court of Appeal as Criminal Courts Review Commission forms a group of commissioners to review them Continue Reading
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News
27 Jan 2020
Police sent information about potential Fujitsu staff perjury in subpostmaster prosecutions
The police have been asked to consider information from a High Court judge questioning evidence given by Fujitsu staff in criminal trials of Post Office subpostmasters Continue Reading
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Blog Post
24 Jan 2020
Cash will survive beyond demise of plastic cards, says Deutsche Bank
Forget the end of cash, say goodbye to your platic bank card Continue Reading
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News
22 Jan 2020
Government should not be allowed to dismiss subpostmasters’ claims over Horizon IT scandal
Subpostmasters are stepping up their fight for justice after their huge court victory, with Westminister replacing the High Court as the battleground Continue Reading
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News
21 Jan 2020
High-street banks face disruption three weeks after Travelex hack
Foreign exchange services still disrupted, three weeks after Travelex received a $6m ransom demand from cyber gangsters Continue Reading
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News
15 Jan 2020
Government distances itself from Post Office decisions in Horizon IT litigation
Department for Business, Energy & Industrial Strategy says it did not make decisions in the Post Office’s recent court battle Continue Reading
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News
14 Jan 2020
Why subpostmasters are calling on the government to pay Horizon trial costs
The damages that subpostmasters will receive after their court victory against the Post Office fall well short of their calculated losses Continue Reading
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News
10 Jan 2020
Subpostmaster group calls for government to pay legal costs for Horizon trial
The group of subpostmasters that defeated the Post Office in court over a faulty IT system are calling for the government to pay the costs of the legal action Continue Reading
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News
09 Jan 2020
Can fintech succeed where schools and parents have failed?
Young people in Britain are unprepared to manage their finances when they leave home and, as a result, many run into serious problems Continue Reading
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News
08 Jan 2020
Fujitsu must face scrutiny following Post Office Horizon trial judgment
While the Post Office has suffered financial and reputational damage after losing its court battle with subpostmasters, the supplier of the IT system at the centre of the dispute has major PR challenges ahead Continue Reading
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Opinion
06 Jan 2020
The Post Office computer problem that destroyed the lives of pillars of the community
The Post Office’s refusal to believe subpostmasters were suffering losses due to computer system errors was incompetent and cruel Continue Reading
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News
03 Jan 2020
Suspected ransomware attack causes worldwide disruption for Travelex
Travelex switches off computer systems and resorts to cash-only currency sales after malware attack. Insiders claim the currency exchange chain has been hit by ransomware which has left critical files containing customer data encrypted Continue Reading
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News
27 Dec 2019
Top 10 financial services IT stories of 2019
Here are Computer Weekly’s top 10 financial services and fintech stories of 2019 Continue Reading
