Validata Blog: Talk AI-powered Testing

2023's Top Banking Software Glitches Exposed

2023's Top Banking Software Glitches Exposed

22 December 2023 |
Glitches in a bank's software system can pose significant challenges, disrupting the daily lives of customers. In the banking sector, the real-time testing of complex software is crucial but challenging, given the rapidly changing requirements that must align with customer expectations. Despite allocating substantial resources to enhance security against external threats, there is often an underestimation of the importance of thoroughly assessing the quality of the code itself. In 2023, software malfunctions garnered considerable attention, repeatedly putting banks in the headlines. Below are some notable software failures from the year:
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Breaking Free: Why It's Time to Ditch Manual Spreadsheets for Reconciliation

Breaking Free: Why It's Time to Ditch Manual Spreadsheets for Reconciliation

22 December 2023 |
Relying on manual spreadsheets for reconciliation, despite the prevalence of automated tools in the industry, seems to be an unconventional decision. This choice may be attributed to factors such as not having taken the time to transition to a reconciliation platform, a belief that the current system is functional, a preference for the familiar spreadsheet interface, or simply adhering to established practices where reconciliation is not considered a top priority.
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Leveraging Synthetic Test Data for Software Testing

Leveraging Synthetic Test Data for Software Testing

27 November 2023 |
As financial institutions navigate the complexities of data privacy, stringent regulatory compliance, and the constant demand for high-quality data for testing and development, the emergence of synthetic data has proven to be a game-changer. Synthetic data’s innovative approach not only streamlines testing processes but also serves as a robust safeguard for sensitive information. For banks and financial organizations, the utilization of synthetic data represents an opportunity, providing efficient, compliant, and top-tier data solutions.
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Measuring Software Development Effectiveness

Measuring Software Development Effectiveness

01 November 2023 |
There is a saying that goes, 'You can't manage what you can't measure.' In software development, the true measure of effectiveness doesn't lie solely in the lines of code written or the frequency of commits; it's found in the rate at which you deliver tangible value to your users. The ability to consistently provide value to users, promptly respond to their needs, and transform these into functional features is the ultimate gauge of success. In essence, it's not about how frequently you change the code; it's about how often you can positively impact and delight your users with meaningful updates and enhancements.

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