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Wall Street Coders Wanted, Elite College Degrees Not Necessary

So last year, Furlong, 30, enrolled in a three-month coding boot camp that uses HackerRank, a web platform that trains and grades people on writing computer code. After earning a top ranking for Java developers globally, Furlong was hired by JPMorgan Chase & Co. in December for its two-year technology training program. This is Wall »

Ex-Barclays CEO Jenkins Targets Banks With Cloud-Computing Firm

Ex-Barclays CEO Jenkins Targets Banks With Cloud-Computing Firm

Jenkins, 55, ousted from the London-based lender last year, has opened a company named 10X Future Technologies, according to a statement on Monday. He’s working with Mark Allcock, a former technology specialist at Barclays, and Brad Goodall, who previously ran a fintech consultancy that advised Australian wealth-management firms. Global lenders, facing competition from startups, are pushing »

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 »

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 »

Swedbank appoints head of digital banking unit

Swedbank has put Lotta Loven in charge of digital banking. Loven previously co-headed the  unit, which was created in May, and has been now promoted to full head. The other co-head, Girts Bērziņš, who runs channel development and customer service in Baltic Banking, has now been appointed head of strategy within digital banking. Birgitte Bonnesen, »

Cognizant Tumbles as President Leaves Amid Investigation

Gordon Coburn, who had been at Cognizant for two decades and most recently served as its president, resigned earlier this week, the Teaneck, New Jersey-based company said in a filing Friday.The probe is focused on a small number of company-owned facilities, the company said without elaborating. The stock fell 15 percent to $46.73 at 11:04 a.m. »

Testing case study – Ferratum

Testing case study – Ferratum

According to Caj Sjöman, head of mobile banking at Ferratum, a digital bank that specialises in short-term loans to retail customers, testing mobile apps represents the single most significant challenge for the financial services industry. Sjöman is responsible for developing the bank’s mobile app, compatible for both iOS and Android, and which lets customers open »

The QA Financial expert interview: Maksim Evdokimov, Tinkoff Bank

The QA Financial expert interview: Maksim Evdokimov, Tinkoff Bank

Maksim Evdokimov is the vice president of mobile services at Tinkoff Bank, which was launched ten years ago as Russia’s first digital bank. Based on the model of Capital One in the US, Tinkoff now claims more than five million customers and offers a range of financial products including cards, current accounts, and e-wallets. Evdokimov »

Opinion: Off-the-Shelf vs Open Source: “Meeting the productivity challenge”

Opinion: Off-the-Shelf vs Open Source: “Meeting the productivity challenge”

Productivity: we’re all going to be hearing more about it. And I will argue here that it’s a topic as relevant to the IT sector as any other. I have taken my headline “Meeting the Productivity Challenge” from the title of a summit meeting I attended this month, organised by the Confederation of British Industry. »

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