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Tech Lowdown: Ministry of Justice, AccountsIQ, Microsoft Office

This week’s roundup features Ministry of Justice’s £130k role, AccountsIQ receives £5m in funding and Microsoft announces its next perpetual release of Office.

24th Feb 2021
Staff Writer AccountingWEB
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£130k Ministry of Justice director of technology role

The Ministry of Justice is hiring for a director of technology, paying between £93,000 - £130,000 with a season ticket advance included. The role is based in the East Midlands, London, West Midlands, Yorkshire and the Humber.

“You will be responsible for delivery of technology services that meet the changing needs of all MoJ business areas,” says the ad on GOV.UK. “The mission is to run and modernise services to be fast, simple, and supported by commodity cloud services.”

Whoever fills this role will be landed with the daunting task of bringing the UK’s dated, semi-digitised justice system into the twenty-first century. They will be expected to fix the multitude of issues, improve efficiency and create “services and systems that are modern, secure and available to everyone”.

Barclays retires fintech Pingit

According to Sifted, Barclays is cancelling its flagship payments app Pingit a decade after first launching. As yet another of the incumbent bank's fintechs are pulled from the market, Pingit staff were informed that the app was being shut down, having "run its course", despite being one of the first mobile banking technologies to hit the fintech market.

The fintech's closure joins the line with other big banks pulling neobank projects like JP Morgan’s Finn, RBS’ Bo bank, Nationwide’s SME-banking venture, and Santander’s online business bank, Asto.

Pingit acted as a mobile wallet, allowing customers from any bank to transfer funds to any UK account. The app sold Pingit accessories with inbuilt payment chips in their base, including thermos cups, fobs, wristbands and watches.

“As a result of a recent review, we will be making some changes to Pingit over the coming months,” said a Barclays spokesperson. “For the time being customers can continue to use the Pingit app to manage their money. We will be contacting customers shortly with more information.”

AccountsIQ raises €5.8M

AccountsIQ announced today raising €5.8M (£5m) in investment from UK venture capital Finch Capital to accelerate its growth for multi-entity businesses.

“In today’s dispersed world, AccountsIQ’s focus on serving businesses growing locally and internationally, has never been more relevant,” said Finch Capital partner Aman Ghei.

“As investors in companies that are shaping the future of finance we are excited to back this established executive team and award-winning product. We look forward to supporting AccountsIQ through its ambitious plans for rapid growth and expansion.”

Microsoft’s next perpetual release of Office

Microsoft is once again pushing its cloud-enabled subscription to Microsoft 365, despite continuing its standalone, perpetual license for Office. Office 2019, the last release, has the standard suite of Office tools, but as such, does not update features and cloud-based tools frequently.

Microsoft is now pushing Microsoft Office LTSC (Long Term Servicing Channel) another form of its cloud-based subscription. Available in April as a commercial preview, Microsoft Office LTSC will be available on both Mac and Windows, in both 32-bit and 64-bit versions.

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