News & Features

RenovITe acquires UK consulting firm Q-ATM

RenovITe Technologies, a California-based payments solutions provider that specialises in the “refreshment” of  legacy platforms to enable them to more effectively compete with new fintech players, has acquired a UK-based payments consulting company, Q-ATM. Jim Tomaney, formerly Managing Director at Q-ATM, will join the RenovITe executive team as chief operating officer. Tomaney’... »

World Quality Report shows IT spending on QA falling, TCoEs in decline

World Quality Report shows IT spending on QA falling, TCoEs in decline

After years of steady growth, the proportion of IT budgets spent on quality assurance has fallen from 31% to 26% over the past year, according to the annual survey of QA trends produced by consultancy Capgemini. Spending on IT hardware has meanwhile risen. The other key finding of the survey, which compiled responses from 1,660 »

Ex-Barclays CEO Jenkins Bags $46 Million for His Fintech Startup

Now Jenkins has the opportunity to practice what he preaches. Today his fintech startup, 10X Future Technologies Ltd., announced it has raised 34 million pounds ($46 million) in a Series A round led by Ping An Insurance (Group) Company of China Ltd., a financial services firm in Shenzhen, and Oliver Wyman, a consulting firm owned »

Equifax Falls After Signs It Was Slow to Fix Flaw Hackers Used

Equifax Falls After Signs It Was Slow to Fix Flaw Hackers Used

The disclosure suggests that Equifax may have been slow to take basic steps to secure its most sensitive data, and will likely add to calls for stronger oversight of an industry whose information in the hands of criminals can enable the worst kinds of identity theft and fraud. The company faces a Federal Trade Commission »

TestPlant launches new automation suite

London-based test automation vendor, TestPlant, has launched a new platform that it says will predict, verify and monitor an application before and after each release, and rate it on key criteria of user satisfaction, its success in conversion – or the change in functionality from the legacy app – adoption and retention. Research commissioned by »

Perfecto appoints investor Jim Moran, to executive chairman role

Perfecto said Moran’s focus will be to accelerate the company’s growth in quality assurance services. Moran was previously the managing director at North Bridge Venture, a venture capital firm, and Growth Equity Partners, an independent private equity company which invests in growing UK SMEs. Moran supervised investments in early-stage companies, including Paydiant, the cloud-based financial »

SQS results for H1 hit by banking client loss

SQS results for H1 hit by banking client loss

SQS, the Cologne and London-listed software testing service provider, revealed on September 13 that the loss of a major banking client had contributed to the a decrease in revenues for the first half of 2017. The lost contract was worth €7.0m, SQS said, leading to a like-for-like revenue decrease of 3.9% to €160.1m, compared to »

Caribbean-based insurance providers, Advantage, choose Graphite GTC platform for software improvement

The Graphite GTC platform serves business owners in risk management and financial planning and says its tools and technology enable the development of large-scale software projects and applications. Advantage said it will use the no-code development platform to build business processes related to insurance and data management. It said the GTC platform will develop more »

Equifax’s Historic Hack May Have Exposed Almost Half of U.S.

Equifax’s Historic Hack May Have Exposed Almost Half of U.S.

Hackers exploited a website application to access names, addresses, Social Security numbers and some driver’s license numbers of potentially 143 million consumers, Equifax said Thursday in a statement. The incident — which drove down shares in after-hours trading — is a stark reminder of the risk of consumers’ personal data being exposed online, security experts »

Luxoft acquires derivIT,  Singapore-based IT consultancy and Murex partner

DerivIT has been a partner of Murex, the leading trading and risk systems provider, since 2008, and provides installation and testing services to Murex customers in the APAC region. Group managing director and global head of Excelian, Luxoft’s financial services division, Roman Trakhtenberg, said: “We are excited to join forces with derivIT and continue to »

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