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
09 Feb 2025
Allianz PNB Life modernises insurance operations with cloud
Philippine insurer implements a cloud-based health insurance policy management system from DXC Technology to reduce policy issuance times and speed up product launches Continue Reading
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News
09 Dec 2024
Inside Prudential’s AI strategy
Prudential is leveraging AI across its operations, from enhancing customer interactions and streamlining internal processes to empowering its workforce through upskilling initiatives Continue Reading
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News
28 Feb 2025
Post Office makes first official apology to Capture users
The Post Office has written to former Capture user Ken Tooby to apologise for its failings which devastated his family’s lives Continue Reading
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News
27 Feb 2025
'Positive steps' in redress for Post Office Capture victims
Lawyers say progress has been made in efforts to provide financial redress and justice for former users of the Post Office's flawed Capture system Continue Reading
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News
27 Feb 2025
CVE volumes head towards 50,000 in 2025, analysts claim
Many trends, notably a big shift to open source tools, are behind an expected boom in the number of disclosed vulnerabilities Continue Reading
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News
21 Feb 2025
Auditor: 2026 till Birmingham recovers from botched Oracle project
Grant Thornton’s report into a botched Oracle Fusion implementation at Birmingham City Council finds governance and risk comprehension failures to be at the heart of the fiasco Continue Reading
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News
21 Feb 2025
Fujitsu’s £600m-plus prize with His Majesty’s ‘cash cow’ in 2025
Controversial supplier continues to reap the rewards of government IT contracts despite its participation in ‘ghastly fraud’ Continue Reading
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Opinion
19 Feb 2025
Balancing act: Managing business needs alongside digital transformation and innovation
How can IT leaders deliver on the challenging balancing act between innovation, cost control, and managing corporate expectations? One startup CTO in a highly established industry shares his experiences Continue Reading
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News
17 Feb 2025
‘Times are hard’ for fintech but latest report reveals glimmer of recovery
Fintech investment in the UK hit a four-year low last year, as the wider EMEA region saw the lowest numbers in eight years Continue Reading
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News
14 Feb 2025
Government launches consultation on plan to streamline business through e-invoicing
Government announces 12-week consultation on electronic invoicing as part of its plan for change Continue Reading
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News
12 Feb 2025
CCRC reviewing 17 Post Office convictions with potential Capture software involvement
Statutory body began looking at convictions of subpostmasters who used the Capture system following the wider understanding of the Post Office Horizon scandal Continue Reading
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News
11 Feb 2025
MPs demand bank bosses come clean over IT outages following Barclays crash
Treasury committee wants banks to provide details of how IT failures have affected their businesses over the past two years Continue Reading
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News
09 Feb 2025
Allianz PNB Life modernises insurance operations with cloud
Philippine insurer implements a cloud-based health insurance policy management system from DXC Technology to reduce policy issuance times and speed up product launches Continue Reading
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Opinion
07 Feb 2025
Secure software procurement in 2025: A call for accountability
Outgoing CISA chief Jen Easterly called on buyers to demand better security standards from their software suppliers. The Security Think Tank considers what better means, and what best practice for secure software procurement looks like in 2025. Continue Reading
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News
30 Jan 2025
ServiceNow vaunts agentic AI and announces 22% annual revenue growth
ServiceNow has declared full-year revenue close to $11bn, representing 22% year-on-year growth, as it announces a battery of agentic AI product updates Continue Reading
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News
24 Jan 2025
Review of legal rule on computer evidence long overdue, say Post Office scandal victims
Computer Weekly talks to people who suffered miscarriages of justice at the hands of flawed computer evidence, as well as to experts in law and IT, as the government commits to review the legal presumption that computers work all the time Continue Reading
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Feature
23 Jan 2025
Post Office Horizon scandal explained: Everything you need to know
Computer Weekly has investigated the Post Office Horizon scandal since 2008 and is, in fact, part of the story. This guide contains essential information about the scandal Continue Reading
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News
20 Jan 2025
The death of the piggy bank marks coming of age of a fintech
Fintech is a broad church that can be applied to high finance and child savings alike, as the team at startup Those Beyond have demonstrated Continue Reading
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Opinion
17 Jan 2025
Post Office’s military culture and the “infallible computers illusion” destroyed lives
Rupert Lloyd Thomas joined the Post Office in 1974, where he spent the best part of 30 years. He reveals the inner working of the organisation which contributed to the widest miscarriage of justice in history. Continue Reading
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Definition
15 Jan 2025
What is financial analytics and why is it important?
Financial analytics is the creation of ad hoc analysis to answer specific business questions and forecast possible future financial scenarios. Continue Reading
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News
14 Jan 2025
Subpostmasters won’t get financial redress until mid-2027 at current rate of progress
Campaigning former subpostmaster warns that some members of the group that took the Post Office to court might not receive financial redress until mid-2027 Continue Reading
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News
13 Jan 2025
Metro mayors face similar digitisation challenges to banks, but lack their resources
UK regional leaders want to be independent of central government when it comes to digital transformation decision-making, but don’t fully understand what’s ahead Continue Reading
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News
10 Jan 2025
UK fintech investment drops by almost double global average
Global fintech investments fell 20% compared to 37% in the UK, according to latest Innovate Finance figures Continue Reading
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News
07 Jan 2025
Former subpostmasters invited to take part in Post Office Capture compensation scheme development
Government will look at a selection of cases where subpostmasters experienced unexplained losses while using the Post Office’s pre-Horizon accounting system Continue Reading
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Definition
07 Jan 2025
What is a robo-advisor? Everything to know before using one
A robo-advisor is a virtual financial advisor powered by artificial intelligence (AI) that employs an algorithm to deliver an automated selection of financial advisory services. Continue Reading
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News
30 Dec 2024
Top 10 financial services stories of 2024
Here are Computer Weekly’s top 10 financial services stories of 2024 Continue Reading
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News
17 Dec 2024
Government promises redress and justice to Post Office Capture system users
The government has officially recognised that users of the Post Office’s Capture software experienced shortfalls caused by the system’s errors Continue Reading
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News
13 Dec 2024
Post Office scandal 2024 – part 3: Fujitsu’s 12-month fall from grace
After years of refusing to comment, Fujitsu was unable to continue hiding from its role in the Post Office Horizon IT scandal as politicians and a public inquiry demanded answers Continue Reading
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News
10 Dec 2024
Controversial Horizon system to remain in Post Office branches as part of tech ‘fusion’, says source
A source says the Post Office is set to buy the Horizon system from Fujitsu and combine it with both in-house developed and commercially available software Continue Reading
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News
09 Dec 2024
Inside Prudential’s AI strategy
Prudential is leveraging AI across its operations, from enhancing customer interactions and streamlining internal processes to empowering its workforce through upskilling initiatives Continue Reading
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News
09 Dec 2024
Post Office senior leadership warned of IT project data safeguarding risk
Post Office board members and senior executives have been made aware of the risk to data related to its ill-fated Horizon system replacement project Continue Reading
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Feature
29 Nov 2024
Could generative AI help to fill the skills gap in engineering?
The role of artificial intelligence and machine learning in society continue to be hotly debated as the tools promise to revolutionise our lives, but how will they affect the engineering sector? Continue Reading
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News
27 Nov 2024
Post Office Capture users invited to pivotal meeting with government
About 80 former Capture users have now come forward for legal support in making claims against the Post Office Continue Reading
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News
25 Nov 2024
Post Office scandal: How much deeper and wider can it get?
It took decades to expose the Post Office Horizon scandal but that effort has laid the groundwork for others to seek justice and financial redress Continue Reading
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News
22 Nov 2024
Swiss encrypted messaging service, ePost, targets one million postal users
Swiss ePost chief Renato Stalder bets on encrypted communications as demand for letter delivery falls Continue Reading
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Feature
21 Nov 2024
Post Office Horizon IT scandal inquiry: Three years of shocking revelations
Nearly three years of shocking revelations from the Post Office Horizon scandal inquiry Continue Reading
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News
19 Nov 2024
Subpostmasters hit by Post Office scandal plan to meet over 'nuclear option'
Members of campaign group Justice for Subpostmasters Alliance will discuss taking legal action in their pursuit of full, fair and final financial redress Continue Reading
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News
18 Nov 2024
Post Office IT boss calls for subpostmasters to judge him on his actions
Recently installed Post Office chief transformation officer tasked with replacing controversial IT system tells Computer Weekly the organisation’s leadership understands the challenges ahead Continue Reading
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News
15 Nov 2024
Post Office to decide on Horizon before April, Fujitsu board considers final contract extension
Chief transformation officer tells Computer Weekly about ongoing work on replacing controversial Post Office Horizon system and extending contract with Fujitsu Continue Reading
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News
12 Nov 2024
Post Office requested four-year Horizon extension, as Fujitsu boss arrived at public inquiry
Fujitsu boss says the Horizon system has reached the end of its life and a long contract extension might not be possible Continue Reading
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News
12 Nov 2024
How quantum computing could reshape financial services
Experts at the Singapore FinTech Festival predict quantum computing will improve risk management, investment strategies and fraud detection in the financial sector, while also posing new challenges for data security Continue Reading
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News
11 Nov 2024
Post Office scandal not caused by software errors, says combative Fujitsu boss
During a sometimes heated appearance at the public inquiry, Fujitsu’s European boss Paul Patterson said the inquiry has shed light on who is to blame for the scandal Continue Reading
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News
08 Nov 2024
Government announces Green Paper on future of scandal-ridden Post Office
Consultation process will enable a wide range of people to air their views on the future of the scandal-hit Post Office Continue Reading
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News
07 Nov 2024
Post Office wrongly used public funds to pay for legal battle
Senior civil servant’s appearance at public inquiry reveals Post Office broke spending rules when it diverted money to legal battle Continue Reading
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News
06 Nov 2024
Post Office was reluctant to cut costs despite 143 central staff earning more than £100k
Former Post Office minister told public inquiry that Post Office boss did not want to cut central costs, despite how many staff were earning more than £100k Continue Reading
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News
01 Nov 2024
Bank of England warns against AI ‘complacency’
UK financial services regulator wants to increase understanding of AI’s benefits and how firms are managing the risks it poses, as take-up grows and use cases increase Continue Reading
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News
31 Oct 2024
Fujitsu boss to face tough reappearance at Post Office inquiry, following inaction and sidestepping
Fujitsu’s European boss will have to justify why promises made at the public inquiry months ago have not been followed through Continue Reading
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News
30 Oct 2024
No simple replacement for digital evidence rules, says Post Office Horizon trial judge
Judge in Post Office Horizon trial says a more flexible approach to how digital evidence is used in court cases may be required as IT complexity increases Continue Reading
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News
29 Oct 2024
Tata Consultancy Services to deliver Irish pension scheme
Indian IT services giant adds to its growing customer base in the pensions sector with Irish contract win Continue Reading
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News
28 Oct 2024
Who is the subject of the Post Office’s Project Tiger investigation?
The Post Office is listening to a campaigner’s complaints almost a decade after ignoring his more serious accusations and warnings Continue Reading
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News
24 Oct 2024
Government ‘urged’ to overturn all convictions based on Post Office Capture
Influential group has written to the government calling for legislation to overturn the criminal convictions of former subpostmasters that were based on Capture system data Continue Reading
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News
24 Oct 2024
Prudential taps AI to improve health insurance experience
Insurance giant Prudential teams up with Google Cloud to streamline claims processing, personalise healthcare journeys and improve health outcomes Continue Reading
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News
24 Oct 2024
Warning shots fired as former subpostmasters have ‘useful’ meeting with Post Office CEO
Acting CEO meets two campaigning former subpostmasters emphasising need for their input into the Post Office’s future direction, including its branch system development Continue Reading
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News
23 Oct 2024
Federation requests government investigation into third Post Office branch system
Following public anger over the Horizon scandal and the subsequent unravelling of the controversial Capture system, subpostmaster federation wants third branch IT system to be reviewed Continue Reading
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News
22 Oct 2024
Change to rules on computer evidence will be an ‘outcome’ of Post Office scandal
The executive currently heading up the Post Office’s investigations department has told public inquiry that rules on computer evidence have to change Continue Reading
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News
22 Oct 2024
Former Post Office IT boss alleged to have misrepresented alternative to in-house build
Internal Post Office document reveals allegations that former transformation boss misrepresented off-the-shelf option to replace Horizon Continue Reading
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News
21 Oct 2024
Review of late evidence doesn’t change Post Office Capture system report
Conclusions reached in government-commissioned report into pre-Horizon software are unchanged after late evidence reviewed Continue Reading
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News
16 Oct 2024
Former police officer heading Post Office operations did nothing to help innocent subpostmasters
Former chief operating officer did nothing when action could have put a stop to the Post Office wrongful prosecutions Continue Reading
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News
11 Oct 2024
Post Office believes it took £36m from subpostmasters with unexplained losses
The Post Office wrongly blamed subpostmasters for unexplained account shortfalls and made them cover losses out of their own pockets - then banked the money itself Continue Reading
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News
11 Oct 2024
Post Office set to axe in-house-developed New Branch IT software
Troubled business may ditch its plan to build a new core branch system in-house and buy an off-the-shelf alternative Continue Reading
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News
07 Oct 2024
Post Office boss Nick Read ‘inadequate, greedy and self-interested’, whistleblowers tell inquiry
Outgoing Post Office boss Nick Read faces public inquiry for three days this week, with no shortage of questions to answer Continue Reading
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News
06 Oct 2024
Whistleblowers call out ongoing cover-up by Post Office CEO in explosive letter
A letter from Post Office staff to MPs, statutory inquiry chair Wyn Williams and the Post Office chairman demands their intervention and an investigation into the organisation's leadership Continue Reading
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News
04 Oct 2024
Late evidence in Post Office Capture investigation could not be reviewed
Evidence failed to reach investigators in time for report into controversial pre-Horizon Post Office software Continue Reading
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News
03 Oct 2024
Post Office and Fujitsu: from blood brothers to bad blood
Former Post Office chief transformation officer’s evidence to the public inquiry reveals organisation’s strained relationship with main IT supplier Fujitsu Continue Reading
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News
02 Oct 2024
India’s fintechs find fortune in underserved segments
Indian fintech companies are leveraging artificial intelligence and blockchain to address underserved customer segments, unearth hidden revenue opportunities and create innovative products Continue Reading
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News
02 Oct 2024
‘Shocked’ MoneyGram hits back at Post Office
Money transfer fintech wrote to subpostmasters expressing its disappointment with the Post Office over end of contract Continue Reading
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E-Zine
01 Oct 2024
AI advances in cancer care
In this week’s Computer Weekly, medtech startups are showing how AI can offer dramatic advances in cancer care – we talk to one such firm to find out more. Every CIO is used to delivering rapid response times for users, but not many target latency of eight nanoseconds – we find out how it’s done. And we examine the latest trends on datacentre cooling in the light of advances in energy efficiency. Read the issue now. Continue Reading
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News
30 Sep 2024
Investigation finds 'reasonable likelihood' Post Office Capture software caused accounting losses
An independent forensic analysis finds the predecessor to Horizon IT system was also likely to have caused shortfalls for which subpostmasters were blamed, years before the Post Office scandal Continue Reading
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Opinion
23 Sep 2024
Gartner: Mitigating security threats in AI agents
Agents represent a step-change in the use of artificial intelligence in the enterprise - as attendees at Salesforce's annual conference saw first hand this month - but do not come without their risks Continue Reading
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News
18 Sep 2024
Dreamforce 2024: Salesforce calls on customers to flesh out AI vision
A stream of customers helped Salesforce make the case for its Agentforce artificial intelligence offering on the opening day of the annual Dreamforce conference in San Francisco Continue Reading
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News
12 Sep 2024
Government receives report on second controversial Post Office IT system
Former subpostmasters suffered as a result of unexplained accounting shortfalls which they believe were caused by errors in Post Office Capture software, used before the controversial Horizon system Continue Reading
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News
03 Sep 2024
TSB systems could be on the move again as BBVA eyes its parent
TSB was migrated to the systems of Sabadell in a project remembered for its monumental IT meltdown in 2018 Continue Reading
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Feature
28 Aug 2024
Updating taxation: Can AI and data analysis help with HMRC’s human resources problem?
HMRC resources are currently thinly spread in the aftermath of Covid and Brexit. Could automating systems using generative AI help HMRC’s digital transformation? Continue Reading
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E-Zine
13 Aug 2024
Designed to deceive – reviewing the Post Office scandal inquiry
In this week’s Computer Weekly, we review the marathon latest phase of the Post Office scandal inquiry, as ministers, civil servants, executives and lawyers were shamed. We look at IOWN – a candidate for the next generation of networking technology. And we examine best practice in software asset management. Read the issue now. Continue Reading
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News
28 Jul 2024
Nearly a third of GenAI projects to be dropped after PoC
At least 30% of generative AI projects will be abandoned by 2025 as organisations struggle to realise the value of the technology, says Gartner Continue Reading
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News
24 Jul 2024
Post Office ‘acted the victim’ and civil servants ‘abandoned their principles’, says former minister
Former government minister tells inquiry the Post Office always played the victim of subpostmasters that it considered either ‘incompetent’ or ‘criminal’ Continue Reading
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News
23 Jul 2024
Innovations to power secure-by-design development
Secure Code Warrior unveils technology designed to help CISOs and AppSec teams ensure their projects remain safe and free of coding errors and vulnerabilities – a big issue following the CrowdStrike incident Continue Reading
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News
23 Jul 2024
Former minister felt she was fighting department over Post Office controversy
Former government minister was fighting with Shareholder Executive officials as she probed for information following allegations brought to her by MPs Continue Reading
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E-Zine
18 Jul 2024
CW EMEA: Keeping across the rules
This issue includes all you need to know about the EU’s artificial intelligence regulations, plus an in-depth look at Saudi Arabia’s ambitious smart city project. Continue Reading
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News
18 Jul 2024
Government trusted ‘abuser’ over the abused on Post Office scandal
The government referred allegations about subpostmasters’ mistreatment by the Post Office to the alleged abuser itself Continue Reading
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News
16 Jul 2024
Fujitsu analyst gave witness statements when more qualified colleagues refused
Fujitsu employee provided witness statements to courts in cases against subpostmasters despite not understanding the evidence, after qualified IT experts refused Continue Reading
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News
15 Jul 2024
Civil servant said subpostmasters’ threat of legal action was ‘sabre-rattling’
Post Office scandal public inquiry hears damning evidence capping off a bad week for the reputation of high-profile civil servants Continue Reading
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News
10 Jul 2024
Civil servant was lone voice on Post Office board to query legal plan that blew taxpayers' cash
Government representative felt he was 'in a minority of one' on the Post Office board of directors in questioning the handling of a High Court battle with subpostmasters that cost £100m Continue Reading
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News
10 Jul 2024
Setting the high bar in digital transformation
Roel Louwhoff, Standard Chartered’s chief transformation, technology and operations officer, outlines what it takes for the company to become a client-focused, data-driven bank Continue Reading
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News
09 Jul 2024
Government left monitoring of Post Office to ‘luck’
If the Post Office board failed to spot bad faith within its management, it would be down to ‘luck’ for the government to find out Continue Reading
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News
08 Jul 2024
Sir Alan Bates welcomes MP’s elevation to House of Lords
Former Labour MP has moved to the House of Lords where he will continue campaigning for justice for victims of the Horizon scandal Continue Reading
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Feature
08 Jul 2024
Women in Data: Barilla chief of analytics on reaching the ‘so what?’ moment with data insights
Barilla’s chief of analytics and insights, Lyndsay Weir, talks about how to get from data to results, and where the industry needs to change Continue Reading
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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
02 Jul 2024
Kyndryl eyes mainframe workloads in ASEAN
Kyndryl and AWS open centre of excellence in Malaysia to help ASEAN enterprises modernise and migrate their mainframe workloads to the cloud Continue Reading
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News
28 Jun 2024
How FWD is driving its digital strategy
FWD’s group chief technology and operations officer talks up how the pan-Asian insurer is driving change faster and putting technology at the heart of its services Continue Reading
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News
27 Jun 2024
Experts shocked by ‘extraordinary’ claim made by Post Office IT expert witness
A former Fujitsu engineer made an ‘unbelievable’ claim about evidence he gave in witness statements when acting as an expert witness during Post Office prosecutions of subpostmasters Continue Reading
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News
26 Jun 2024
Ignorance of ‘legal niceties’ from Post Office expert IT witness saw innocent people jailed
IT expert used by Post Office to give evidence supporting prosecutions of subpostmasters did not understand legal duties he was bound to Continue Reading
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News
25 Jun 2024
Numbers prove former subpostmaster federation boss’s ignorance over Post Office scandal
George Thomson is ignoring the numbers when he downplays subpostmaster prosecutions based on Horizon data Continue Reading
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News
24 Jun 2024
Post Office expert IT witness Gareth Jenkins resigns BCS membership
The former Fujitsu chief architect for Horizon has resigned as a member of the BCS after he was told he could be investigated Continue Reading
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News
24 Jun 2024
Metropolitan Police could investigate one of its own staff in Post Office probe
Former Post Office investigator deleted references to software errors in a witness statement from Fujitsu’s Gareth Jenkins during the wrongful prosecution of a subpostmaster Continue Reading
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News
20 Jun 2024
Post Office and Fujitsu had tense relationship, but were joined at hip when protecting their brands
Problems in the roll-out of Horizon Online in 2010 created a tense relationship between the Post Office and Fujitsu Continue Reading
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News
19 Jun 2024
Post Office Horizon system investigators were blocked and threatened as they witnessed cover-up
Independent investigators who put Post Office and its Horizon system under spotlight faced aggression as they witnessed cover-up Continue Reading
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News
17 Jun 2024
Once ridiculed Post Office scandal campaigner Alan Bates receives knighthood
Campaigner for justice, once labelled a ‘nutter’ and a ‘thief’, knighted for his work to expose the Post Office scandal Continue Reading
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News
14 Jun 2024
Post Office scandal victims in Scotland have convictions quashed
Scotland follows England, Wales and Northern Ireland in exonerating wrongfully convicted subpostmasters en masse Continue Reading
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News
12 Jun 2024
IT witness was hidden away from Post Office court battle, but supported it from shadows
Former Fujitsu chief architect provided evidence support to Post Office witnesses in High Court battle despite being unfit to provide it directly Continue Reading
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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
10 Jun 2024
Post Office Capture software training deficit echoes systemic Horizon problems
Post Office branch managers have told Computer Weekly they had no training on how to use Capture software, which pre-dated Horizon Continue Reading