Companies & Products

Chain releases open source platform for distributed ledger

Ryan Smith, CTO of Chain, will be speaking at the QA Financial Forum New York.

Chain, the California-based blockchain technology provider, has released Chain Core Developer Edition, an open source version of its distributed ledger platform. Chain Core allows developers to test their blockchain prototypes on a test network (testnet) operated by Chain, Microsoft, and the Initiative for Cryptocurrencies and Contracts (IC3), a collaboration of Cornell University, Cornell Tech, U... »

Applause report ranks Chase mobile app top for payments and retail

Chase, the retail arm of JP Morgan Chase, tops the rankings published in a report on app quality in the financial services which was commissioned by the Application Resource Centre (ARC), a research group run by digital experience testing provider Applause. The report looks at the 61 largest US and Canadian banks, and 29 of »

Blockchain Hype Takes Hit as Chain Releases Code for All to Use

Chain, the San Francisco-based startup that’s working with Visa Inc. and has made a presentation on the benefits of blockchain to Federal Reserve Chair Janet Yellen, just released to the public the 30,000 lines of open-source code that make up its Core Developer Series. Software developers, engineers, traders and executives can now build and test »

U.K. Software Security Company NCC Plunges on Contract Losses

Shares were down 34 percent to 227p at 09:33 a.m. in London trading. “Adverse developments in the Assurance Division will have an impact on profitability between the first and second half of the year,” the company said in a statement, cautioning that it is too early to quantify the financial impact. NCC was formed in »

MetricStream secures India op risk sale

Bajaj Finance, the Indian provider of financial services, the retail lending arm of Bajaj Finserv, has engaged MetricStream, a US developer of compliance apps, to implement an audit and operational risk management system. The company is using MetricStream’s Internal Audit Management and Operational Risk Management (ORM) apps, technologies designed to help financial firms to stay »

ING to consolidate payments platforms

ING bank card

ING will be combining its payments systems applications onto one platform. Currently, the bank is running three different versions of the BASE24 (B24) payments application on HP Nonstop servers. B24 is an application for payments that was first developed by ACI Worldwide, a provider of electronic banking solutions, in the seventies. ING will consolidate its »

How OakNorth Bank became the first bank in the UK to move to the cloud and why they did it

Much of the banking headlines over the last few years have been dominated by news of customers being unable to access their accounts online, make transfers or withdraw cash, and one of the sources of these issues has been the legacy IT the banks are burdened with. In addition to wanting to avoid these time-consuming »

Special Preview: The QA Financial Forum New York, November 29th

Capital One's Adam Auerbach

When Capital One’s co-founder and CEO Richard Fairbank launched his digital banking strategy in earnest with a $9.9 billion acquisitions of ING’s online banking business in the US back in 2009, he noted that the US had more bank branches that gas stations. While he could see the need for gas stations, he couldn’t see »

Amazon Teams With VMware for Hybrid Cloud to Rival Microsoft

VMware will deliver, sell and support a product that lets customers use their existing VMware software with access to Amazon’s cloud-based storage, database and analytic software, the companies said Thursday in a statement. Hybrid solutions allow customers to run applications on their own servers and through various remote cloud-based applications simultaneously. Called VMware Cloud on AWS, »

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