Testing & QA Standards

FCA declares its fintech testing sandbox a success

Speaking at the BBA FinTech Banking Conference, Christopher Woolard, the FCA’s executive director of strategy and competition, said that the regulator had received 69 applications to its regulatory sandbox since its launch. Seven of the successful applications are payments technologies. The FCA launched the regulatory sandbox as part of its Project Innovate last May. The »

Survey confirms banks’ growing confidence in the public cloud

Survey confirms banks’ growing confidence in the public cloud

Financial firms are ahead of other industry verticals in their adoption of the public cloud, according to Capgemini’s annual World Quality Report. The consulting firm found the 18% of financial firms cloud-based applications are now in the public cloud, ahead of the 17.5% average across industries. However, the  survey also found firms are being increasingly »

CFTC adopts new rules for cyber security testing

The US Commodity Futures Trading Commission (CFTC) has voted to adopt new rules to govern security testing for contract markets, swap execution facilities, and swap data repositories as well as derivatives clearing organisations. These amendments are in line with the recently released ‘Guidance on Cyber Resilience for Financial Markets’ published by the Bank of International »

Australian bank moves towards continuous delivery

The Australian Bendigo and Adelaide Bank has chosen TestPlant’s eggPlant tool to implement automated testing. The test automation project, which began in Q2 of this year, was conducted in cooperation with Tata Consultancy Services (TCS). The implementation enabled Bendigo and Adelaide Bank to move from manual testing to automated testing and continuous delivery. The eggPlant »

Round-up: Regulatory and Company News

MAS opens fintech lab to foster innovation and help start-ups The Monetary Authority of Singapore (MAS) has announced that it will open a FinTech Innovation Lab inside the MAS building. The regulator said that the lab, called Looking Glass @ MAS after the novel by Lewis Caroll, will help the foster fintech solutions in cooperation »

CREST opens Singapore branch

The UK’s Council for Registered Ethical Security Testers (CREST), which provides accreditation for vendors of digital security services, has established a branch in Singapore in association with the Cyber Security Agency of Singapore (CSA) and Singapore’s Association of Information Security Professionals (AISP). The project, which marks CREST’s first branch in Asia, was undertaken in collaboration »

Bank apps need finesse with function – lessons from the gaming business

Bank apps need finesse with function – lessons from the gaming business

If you read recent customer reviews of banking apps, or the latest rankings published by tech blogs, then you will probably agree with the following sentiment: A good banking app doesn’t necessarily do more than a bad one, but it does things better. This idea that app quality is about finesse as much as function »

Regulators say systems must be up and running two hours after attack

The Bank of International Settlement’s Committee on Payments and Market Infrastructures (CPMI), together with the International Organization of Securities Commissions (IOSCO), has published a report advising financial markets infrastructure (FMIs, a category that includes important payments systems and clearing houses) on how to improve their cyber resilience. The joint working group advises finan... »

Are you paid what you are worth?

It should be a great time to be a testing specialist working for a financial firm. Competition among firms to acquire the right skill-sets has never been more fierce. But are you getting the raise and bonus you deserve this year? QA-Financial.com has partnered with Emolument.com – the leading salary database – to provide its »

The QA expert interview: Dale Bulmer, Markit

Data is the fuel for financial markets. Since its launch in 2003, Markit has grown to challenge the leading suppliers, Bloomberg and Thomson Reuters in its core markets, such as credit benchmarks. We met up with Dale Bulmer to discuss the key trends in mobile, security and vendor risk management, and how those trends translate »

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