News & Features

Barclays releases app sandbox to launch developer competition

Barclays Bank will give developers access to a sandbox banking mobile app, sandbox banking APIs, and mocked customer data under a competition it is calling  “Launchpad Business Challenge”. Applicants are expected to build and test their own app, with the aim of using gamification to create a more pleasant customer experience. Gamification uses elements from… »

SWIFT announces plan to bolster banks’ cyber-security

SWIFT announces plan to bolster banks’ cyber-security

Gottfried Leibbrandt, CEO of SWIFT, the interbank software and messaging service for bank payments, has announced plans to reinforce its members cyber-security in the wake of February’s $81m theft from the Bangladesh central bank. Thieves used SWIFT instructions to steal the money, and attempted to divert a total of $951m. “I think it will prove… »

Appvance releases automation platform

Appvance, the California-based testing software developer, has released a new product, the Appvance Unified Testing Automation Platform (UTP). The platform, according to Appvance, was specifically designed to help facilitate implementation of DevOps. Appvance UTP is expected to enter the market in Q3 of 2016. Customers using the existing Appvance PerformanceCloud (APC) will be able to… »

Banks take a cautious step to crowd-sourced testing

Banks take a cautious step to crowd-sourced testing

In the race to speed up app delivery times, some retail banks and insurance companies are turning to crowd-sourced testing, which makes use of a geographically distributed network of freelancers to test customer-facing applications and websites. But while the crowd-sourced specialists report growing interest from the financial sector, there are understandable reservations about the privacy… »

Temenos signs first major US market client — aims to double revenues

David Arnott, CEO Temenos

Core-banking software specialist Temenos says it will be soon ready to announce details of its first major US market retail banking client — “One of the 25 largest banks”, according to Temenos CEO David Arnott. The bank was signed last year and the integration of Temenos’s software will be completed in QA this year, Arnott… »

Canadian Securities Exchange moves to test automation

The Canadian Securities Exchange (CSE), the Toronto exchange that lists 325 unique securities, has struck a deal with Itiviti, the Stockholm-based firm that specialises in financial messaging infrastructure, to implement Itiviti’s VeriFIX test automation solution. VeriFIX is used for automated functional testing across several protocols. The CSE will be able to carry out automated regression&helli... »

News briefs

The R3 consortium seeks to raise $200 million from member banks for new blockchain company R3, a consortium of over 40 financial firms that includes Barclays, Credit Suisse, Goldman Sachs, JP Morgan, RBS and UBS, is trying to raise $200 million from its member banks. The consortium is requesting the funds to create a new… »

UBS centralises QA and raises expectations of vendors

Kevin Adams UBS

The restructuring of the global technology group at UBS started last September and has now been completed. App development and quality assurance at UBS has been centralised, across the firm. Testing expertise and test data management has been pooled. Around 1,900 staff globally report into Kevin Adams, the global head of quality assurance at UBS,… »

Sponsored Article: Validata — Integrating digital with legacy systems

Sponsored Article: Validata — Integrating digital with legacy systems

This sponsored article was prepared for Validata by Validata is a niche player that specialises in banking software testing. At the core of its platform solution is automation based on processes common to most banking platforms. QA-Financial met with Vaios Vaitsis, Validata’s founder and CEO, to find out more. When Vaios Vaitsis founded Validata… »

British Insurance Brokers’ Association announces creation of cyber committee

Steve White, the British Insurance Brokers’ Association chief executive, has announced the creation of a cyber committee to monitor developments in cybersecurity and provide advice to insurance brokers on possible risks. The committee will be made up of technical experts from member firms. Speaking at the association’s annual conference on April 7th, White cited an… »

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