Latest DevOps News: Finextra Research

Goldman Sachs tech head to step down

The most senior technology executive at Wall Street firm Goldman Sachs is reported to be stepping down amid a clear out of senior partners, raising questions about the direction of Goldman's technology strategy

05 September 2019

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Swift publishes new API standard

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.

05 September 2019

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Starling opens new UK office

Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources.

02 September 2019

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Bitcoin 'inventor' ordered to pay $5bn

An Australian IT security consultant who claims to have invented the virtual currency bitcoin has been ordered by a US judge to hand over more than half of his bitcoin holdings, estimated to be in the region of $5bn, to the estate of his alleged former business partner.

28 August 2019

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Goldman Sachs trading biz to hire 100 coders

Goldman Sachs is looking to bring in more than 100 coders to help automate swathes of its trading business, according to Bloomberg.

23 August 2019

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APIs in the cloud are now the prevailing archetype

The future lies in microservices in the cloud. While the financial services industry continues to discuss digital transformation, actions speak louder than words. Organisations that want to meet the needs of the next generation of consumers will use software comprising small services that communicate over well-defined application programming interfaces (APIs) deployed independently – the microservices approach.

16 August 2019

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How to drive business value with APIs in the cloud

The cloud simplifies and accelerates delivery of open banking standards, providing opportunities to improve awareness, transparency, and scale. Industry players would benefit by forging ahead with more effective and structured collaboration, facilitated by application programming interface (API) standardisation and shared customer data insights.

16 August 2019

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Scaling for the next generation with APIs in the cloud

Today’s generation of consumers expect a digital-first experience from their providers. Whether they’re shopping online, streaming content or interacting with financial institutions, anything less than on-demand is no longer acceptable. However, when considering the US, retail banking is not yet fully digital, and customers must still visit a branch to fill out paperwork when opening an account.

16 August 2019

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Portuguese banks back Open API platform

Portugal has taken a major step towards Open Banking after local payments processor Sibs launched an API platform that brings together 24 financial institutions.

15 August 2019

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Tandem Bank leverages Open Banking to offer competitive mortgages

Mobile bank Tandem is developing the UK’s first crowd-designed mortgage for those hoping to get on the property ladder, allowing priced-out consumers to share their personal mortgage must-haves with the digital challenger.

13 August 2019

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How community banks and credit unions are leveraging open APIs

There are a staggering 10,000 community banks and credit unions in North America, which together spend $5.5 billion on technology every year. This technology spend is intended to power digital transformation, the retention and growth of accounts, resources for lending or mortgages and to drive revenue.

13 August 2019

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How corporate bankers can leverage open APIs to innovate

Traditional banks are still not meeting the expectations of their customers because of the legacy core systems that most financial institutions are saddled with, preventing innovation.

08 August 2019

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