Jade Mitchell, Author at QA Financial | Page 3 of 30's Posts

Cyberattack continues to clog up port systems, major networks

A.P. Moller-Maersk A/S shut down systems across its operations to contain the cyberattack against its computer network, as it assesses the full impact. BNP Paribas SA’s non-banking Real Estate unit was also hit, while a number of WPP Plc companies continue to be affected by the cyberattack, Chief Executive Officer Martin Sorrell and John Seifert, »

CAST releases product for application security

New York-based software vendor CAST has released a new product, CAST for Security. It is designed to help firms strengthen IT security by analysing application code for common security flaws and encourage systems architecture that will keep data secure. CAST for Security combines technology from its Application Intelligence Platform with specific rules for static application »

Oracle’s revenue exceeds estimates on surging cloud demand

The company, which set a record closing high Wednesday for its shares, reported total sales that easily topped analysts’ estimates. Oracle’s cloud businesses grew 58 percent in the fiscal fourth quarter. Meanwhile, new software licenses, a measure that’s tied to the company’s traditional on-premise software offerings, declined 5 percent compared with a drop of 16 »

Bank customers have little patience for glitchy apps

A survey commissioned by US testing company QualiTest Group has found that that nine out of ten users of apps for finance or banking are likely to abandon that app if they noticed bugs and glitches. The survey was carried out in collaboration with Google Consumer Surveys, and polled 1,000 respondents in the US between »

Quantum Computing on the Verge

It’s a sunny Tuesday morning in late March at IBM’s Thomas J. Watson Research Center. The ­corridor from the reception area follows the long, curving glass curtain-wall that looks out over the visitors’ parking lot to leafless trees covering a distant hill in Yorktown Heights, N.Y., an hour north of Manhattan. Walk past the podium »

BoA cuts $53 billion using automation

“There’s more to do after that,” Montag said Wednesday at a conference in New York. “How much technology can we do that replaces people? How many things do we have that we can use it? How much big data can we use that helps us target better and not waste our time on certain things?” »

Misys and D+H – both owned by Vista Equity Partners – to merge

Misys, a London-based company that provides technology for the financial services, and D+H, a Canadian payments and lending technology provider, have announced they will merge. The merger comes after the acquisition of D+H by Vista Equity Partners, which acquired Misys in 2012. The new, combined, company will be called Finastra. It will have offices in »

Banks debut faster P2P payments with Zelle network

More than 30 U.S. banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square Inc. to Apple Inc. build peer-to-peer payment systems. It will supplant a patchwork of products the biggest banks have offered their customers for years. This time, the »

Software AG releases GDPR compliance platform

Digital transformation firm Software AG, headquartered in Darmstadt, Germany, has created a framework for General Data Protection Regulation (GDPR) compliance. The product will provide reports, workflows, and surveys for data categorisation in order to help comply with the regulation. The GDPR is a piece of European Union legislation that comes into force in May 2018 »

India tech giant warns Trump’s `radical shift’ to hurt industry

India tech giant warns Trump’s `radical shift’ to hurt industry

Tech Mahindra Ltd. said net income was 5.9 billion rupees ($91 million) in the fourth quarter, compared with the average analyst estimate of 7.8 billion, according to estimates compiled by Bloomberg. Shares fell as much as 17 percent and traded 12 percent lower at 1:18 p.m. local time, the largest intraday decline since May 2015. »

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