Language Selection

English French German Italian Portuguese Spanish

The Open Source Balance at Banks

Filed under
OSS

While many banks still ponder the benefits of using open source technology for their coding needs, nascent BankSimple has gone full steam ahead.

The start-up bank, which is testing its product with select customers, uses open source platforms for the development of nearly all of its Web and mobile applications as well as the backend systems that will power the bank when it finally throws the on switch for the 100,000 people who have signed up for its branchless services.

"Our relatively small [development] team has been able to build an enormous amount of functionality in a short time," says Alex Payne, co-founder and chief technology officer for BankSimple, of Portland, Ore.

You don't need to be a bank of the future to work with open source.

Rest here




More in Tux Machines

GNOME and KDE

  • Community Time at Collabora [Ed: Mono]
  • Refocus
    Sometimes all those GNOME programming projects are driving me crazy. [...] Note that for that last item, I would use LaTeXila of course, so if there are some regressions due to some library changes (you perfectly know which library in particular I mean), I’ll probably become aware of the regressions and fix them. Without any guarantees, I repeat. So if someone wants to take over LaTeXila maintenance, I would be more than happy. In the condition that I can still recognize my old pet project afterwards and is still mostly bug-free.
  • Chakra GNU/Linux Users Get KDE Plasma 5.5.4 and Calligra 2.9.11 Office Suite
    Users of the Chakra GNU/Linux operating system were informed this past weekend by the project's maintainer Neofytos Kolokotronis of the availability of two essential software distributions for the rolling OS.
  • Konqi emoji shipped! and a little preview…
    It will end up in your KDE distribution soon !!! I am really very happy that many of you have appreciated my work.

Leftovers: Gaming

today's howtos

Kernel Space: Linux, Graphics