Testing & QA

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… »

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… »

BIAN recruits Misys: bank software organisation has “critical mass”

BIAN recruits Misys: bank software organisation has “critical mass”

The Banking Industry Architecture Network (BIAN) was founded in 2008. For years, it’s maybe been one of those 'small but worthy' financial industry trade bodies. But its membership has grown steadily as - one by one - bank and software vendors have come round to the idea that the industry does indeed require standard definitions for a… »

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… »

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… »

Accenture and Applause announce strategic partnership

Applause vice president of marketing.

Consulting firm Accenture has cemented its strategic partnership with the US crowdsourced testing provider Applause with an acquisition of a minority stake in the company. Though no financial details of the deal with Accenture were made public, Applause raised $35 million in its latest round of funding, a part of which came from Accenture’s investment.… »

Aujas Networks receives CREST accreditation for pen testing

Mumbai-based information security provider, Aujas Networks, has been accredited by the UK’s Council of Registered Ethical Security Testers (CREST) to provide penetration testing. CREST provides accreditation for vendors of digital security services, guaranteeing that they have passed the council’s examination. Aujas Networks is the first Indian company to join CREST’s list of approved vendors. Sri... »

This Bank-Beating Trading Powerhouse Doesn’t Use Human Traders

But in a world where the difference between profit and loss can be tiny fractions of a second, XTX says it relies more on smarts than speed. Instead of building microwave networks to ferret out prices a microsecond before anyone else, XTX uses mathematical models that are tuned with massive data sets. It says its technology… »

Wells Fargo Forms Tech-Payments Group, Promotes Two Managers

Wells Fargo Forms Tech-Payments Group, Promotes Two Managers

As head of the Payments, Virtual Solutions and Innovation unit, Modjtabai will report to Chief Operating Officer Tim Sloan, according to a statement Monday from the San Francisco-based bank that also disclosed two promotions and other management changes. The new business brings together seven leaders responsible for operations including technology innovation, consumer cards, deposit products&helli... »

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