How Testing can save Financial Applications from the next HACK

How Testing can save Financial Applications from the next HACK

On October 20, 2016, The Economic Times (Indian business daily) reported that ‘3.2 million debit cards may have been compromised in India’ as a result of a security breach. The breach allegedly originated in Hitachi Payment Services that enabled fraudsters to steal information and consequently funds. Startling incidents like these further establish the need for testing in the Financial/Banking sector.
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The opinions expressed in this blog are author's and don't necessarily represent Gallop's positions, strategies or opinions.

Testing Banking & Financial Applications: Challenges, Trends, & Best Practices

Testing Banking & Financial Applications: Challenges, Trends, & Best Practices

“The most significant trend of 2016 will be the ‘platformification’ of banking” ~ Cornerstone Advisors

Banking and Financial Services industry has been a forerunner in adapting and scaling up to the changes as and when they happen in the IT world. It is, thus, no surprise that Digital Transformation has been indicated by the upcoming trends and digital initiatives like Mobile Wallets, P2P transfers, Ping Pay, Omni Channel Banking etc. to be is the future of BFSI Industry. As per Juniper Research, by 2017, more than 1B mobile subscribers (15% of global mobile subscribers) will be using mobile banking.
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The opinions expressed in this blog are author's and don't necessarily represent Gallop's positions, strategies or opinions.