CIOApplications
static-image
  • Home
  • Applications
      • Bioinformatics
      • Business Continuity
      • Business Intelligence
      • Chatbot
      • Collaboration
      • Custom Software Development
      • CRM
      • Enterprise Reporting Software
      • GRC
      • Human Resource
      • Indoor Positioning
      • InsurTech
      • Intellectual Property
      • IT Operations Management
      • IT Service Management
      • Low Code Platform
      • Maintenance Management
      • Managed IT Services
      • MarTech
      • Master Data Management
      • Mobile Application
      • Order Management
      • Parking Management
      • Procurement Tech
      • Publishing Software
      • Remote Monitoring
      • RFID
      • Sales Tech
      • SAS
      • Software Testing
      • Task Management
      • Unified Communications
      • Workflow
      • Workplace Management
  • Verticals
      • BioTechnology
      • Construction
      • Contact Center
      • Education
      • Fintech
      • Food and Beverages
      • Government
      • Healthcare
      • Legal
      • Logistics
      • Manufacturing
      • Travel and Hospitality
      • Utilities
  • Technologies
      • Agile
      • API
      • Artificial Intelligence
      • Blockchain
      • CAD/CAM
      • Cloud
      • Cyber Security
      • Data Analytics
      • Data Center
      • Digital Transformation
      • Graphics
      • IoT
      • Machine Learning
      • Machine Vision and Imaging
      • Predictive Analytics
      • Robotic Process Automation
      • Simulation
      • Smart Labelling
  • Eco System
      • Adobe
      • Amazon
      • Esri
      • Google
      • IBM
      • Infor
      • Kubernetes Partner
      • NetSuite
      • Oracle
      • PTC Partners
      • Qlik Partner
      • Salesforce
      • ServiceNow
      • SiteCore
      • VMware
  • Vendors
  • News
  • Newsletter
  • Whitepaper
  • conferences
  • About Us
  • Specials

  • Menu
      • Business Continuity
      • Chatbot
      • Cloud
      • Collaboration
      • Contact Center
      • Esri
      • Human Resource
      • InsurTech
      • IT Service Management
      • Machine Learning
      • Manufacturing
      • Master Data Management
      • Procurement Tech
      • Robotic Process Automation
      • Salesforce
      • ServiceNow
      • Software Testing
  • Contact Center
  • Collaboration
  • Chatbot
  • Esri
  • Human Resource
  • InsurTech
  • Machine Learning
Specials
  • Specials

  • Business Continuity
  • Chatbot
  • Cloud
  • Collaboration
  • Contact Center
  • Esri
  • Human Resource
  • InsurTech
  • IT Service Management
  • Machine Learning
  • Manufacturing
  • Master Data Management
  • Procurement Tech
  • Robotic Process Automation
  • Salesforce
  • ServiceNow
  • Software Testing
×
#

CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

Subscribe

loading
  • Home
  • Software Testing
Editor's Pick (1 - 4 of 8)
left
Will Artificial Intelligence Take Over Quality Assurance or other Technology Jobs

Will Artificial Intelligence Take Over Quality Assurance or other...
Yasar Sulaiman, Vice President, Head of Quality Assurance, Everest Reinsurance

The Automation Trap

The Automation Trap
Gerold Rajesh, Global Head of Quality Management, Brown Brothers Harriman

Quality Engineers: How to Stay Relevant?

Quality Engineers: How to Stay Relevant?
Bijubabu Arayakkeel, Director, IT Quality, National Life Group

Evolving Role of Quality Assurance in Today's Enterprise

Evolving Role of Quality Assurance in Today's Enterprise
Yasar Sulaiman, Director of Quality Assurance, Everest Re Group

DevOps and Role of QA

DevOps and Role of QA
Rizwan Hafeez, Managing Director IT, Blue Cross Blue Shield Association

How We Sharpened the Edge of Our Approach to QA and Testing

How We Sharpened the Edge of Our Approach to QA and Testing
Tanvi Gupta, Director of QA, Green Dot Corporation

From Traditional to Agile Software Development - Changing Culture, Processes, and Architecture

From Traditional to Agile Software Development - Changing Culture,...
Wayland Jeong, VP & GM Hybrid Cloud Business, Software Defined and Cloud Group, Hewlett Packard Enterprise

Adopting a DevOps Culture as Part of a Traditional Company's Digital Journey

Adopting a DevOps Culture as Part of a Traditional Company's...
Michelle DeCarlo, SVP, Head of Technology Engineering Enterprise Delivery Practices, Lincoln Financial Group

right

Thank you for Subscribing to CIO Applications Weekly Brief

Challenges in Fintech and Software Testing

By Joe Phillip, CIO Applications | Monday, December 28, 2020

Tweet

Often identified bugs slip through to release and go unfixed because they are considered low-risk. Within Fintech, even minor bugs can have significant implications for the development teamand for the entire company.

Fremont, CA: Software testing is regularly subject to trade-offs-i.e. trying to cover as much of the codebase as possible due to time constraints and resource constraints. Often identified bugs slip through to release and go unfixed because they are considered low-risk. Within Fintech, even minor bugs can have significant implications for the development team and for the entire company.Trust is important when dealing with peo

Top Software Testing Solution Companies

ple's finances, so fintech software testing is held to a higher level than most other apps.

Fintech is a wide and dynamic sector that can represent a number of different types of software. These range from offering app-based retail banking serv

ices to generating brokerage trading algorithms that automatically render transactions based on market movements analysis and trading trends. What they appear to have in common is the need to process large quantities of data efficiently while making completely careful to preserve data integrity and consistency at all times.

The perfect fintech solution to "move fast and break things" will simply be to "move fast and never break anything." A bug or error in the fintech app could be catastrophic for a business and could have significant financial implications. Code that makes it a live environment in fintech needs to have gone through a comprehensive testing phase to make sure it doesn't contain any bugs.

Despite this, the Fintech industry still emphasizes rapid innovations. Fintech is a dynamic industry, with several different firms and applications fighting for market supremacy. Keeping pace with markets and competition requires constant growth, which can meet the need for comprehensive testing and pose an interesting challenge to fintech software testing.

See Also: Top Software Testing Consulting/Service Companies

tag

Financial

Weekly Brief

loading
ON THE DECK

Top Vendors

Field Service 2021

Top Vendors

Previous Next
Tweets by CIOApplications

Read Also

Four Benefits of Cloud-Based Business Budgeting Software

Four Benefits of Cloud-Based Business Budgeting Software

Four Major Benefits of Green Technology in the Construction Industry

Four Major Benefits of Green Technology in the Construction Industry

Things You Should Know About Insurtech

Things You Should Know About Insurtech

AiFi Announces Partnership with Wundermart to Launch Autonomous Convenience Stores

AiFi Announces Partnership with Wundermart to Launch Autonomous Convenience Stores

Abalta's WebLink Receives Support from Genius Maps

Abalta's WebLink Receives Support from Genius Maps

iTradeNetwork Implements Walmart-Compliant ASN on its Platform

iTradeNetwork Implements Walmart-Compliant ASN on its Platform

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIOApplications. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap  |  Subscribe |  About Us

follow on linkedin follow on twitter follow on rss
This content is copyright protected close

However, if you would like to share the information in this article, you may use the link below:

https://www.cioapplications.com/news/challenges-in-fintech-and-software-testing-nid-6992.html