What is DevTestOps and how can it transform Agile?

Posted by KMS Solutions on Oct 27, 2021 7:49:26 PM

what is devtestops

DevTestOps is now the new philosophy of Agile. By incorporating Continuous Testing, DevTestOps is the next level of DevOps. It ensures that not only does the product being developed is delivered at the expected time-to-market and user experience, but also has optimal test coverage. 

In this DevTestOps, let’s learn some of the fundamentals of DevTestOps: what is it? What are its principles? And how is it done in parallel with DevOps?

Read More

Topics: Software Testing, Automation Testing, Digital Applications

Everything you should know about Automation Testing

Posted by KMS Solutions on Oct 27, 2021 11:37:05 AM

5495135 (1)

Recently, automation testing has become more popular as a complement to the traditional testing process. In a survey by Tricentis, 44% of respondents expect to automate half or more of their testing efforts in the next 12 months. While manual testing is still irreplaceable, there are repetitive activities that make it time-consuming and labor-intensive. Automation testing reduces these repetitions of tasks and helps testers focus on writing new, creative test cases.

So a good knowledge of test automation and automation tools will help you test faster and more reliably. This article will cover all the basics of automation testing.

Read More

Three strategies for incumbent banks to jump aboard Digital Lending

Posted by KMS Solutions on Oct 20, 2021 1:13:43 AM

3 strategies-01

Building a new lending product from scratch, buying a pre-built digital lending platform, or partnering with fintech startups are the three most viable models for traditional banks to jump into the Digital Lending market, according to Digital Banking leaders from KMS Solutions, Mambu, and Kuliza.

This article is also featured on VIR (English) and thoibaonganhang (Vietnamese) 

Read More

Topics: Digital Banking, Digital Lending

Top 5 Digital Lending Platforms for Vietnam's Banks

Posted by KMS Solutions on Oct 19, 2021 9:44:40 PM

top 5 digital lending platforms-01

Within the next five years, digital lending is expected to be valued at $1 billion in consumer lending alone. This growing trend can be attributed to the shift towards digital banking, the pressure of losing wallet share to fintech counterparts, and the lingering effects of the epidemic. As a result, the banking industry has been gradually adopting digital lending to adapt.

One strategy for banks to “digitize” their lending process is by using pre-built platforms from a third party. This tactic offers the best of both worlds. On the one hand, banks can save time developing new products because most commercial solutions are "plug-and-play", meaning they are ready for use immediately after deployment. Second, having platform-based nature, they often come with a configurable architecture and integration capabilities, on top of which banks can build new lending products.

However, with so many applications in the market, choosing one can be hard. The following article will recommend the 5 most popular digital lending solutions and the technology behind them for banks to consider.

Read More

Topics: Digital Banking, Digital Lending

An Ultimate Guide to Digital Lending

Posted by KMS Solutions on Oct 19, 2021 7:00:29 PM

what is digital lending-01

Digital lending is transforming the financial service sector. Innovations in this niche have allowed financial service providers (FSPs)—be it a digital-native fintech company or an incumbent bank—to provide effortless loan products that today's market requires. Customers' preferences today are dictated by the experience they have with mobile apps, fintech, and social media. Digital lending is a way for FSPs to satisfy those expectations.

This article explores common definitions and concerns related to digital lending, and offers insights into the digital lending framework that FSPs can use to enter into this market.

Read More

Topics: Digital Banking, Digital Lending

The Lend.In Platform Empowers Banks to Compete in the Digital Lending Race

Posted by KMS Solutions on Oct 15, 2021 6:28:14 PM

lend.in digital lending platform by kms solutions and kuliza

Ho Chi Minh City, October 15th, KMS Solutions announced the introduction of Lend.In, a next-gen Digital Lending platform, to the Vietnamese market after signing a partnership agreement with Kuliza. This platform is stated to be able to help banks digitize the entire lending process.

This article is also featured in Vietnamese by CafeF and thoibaonganhang.

Read More

Topics: Press Release, Digital Lending

How Incumbent Banks can compete with fintech companies?

Posted by KMS Solutions on Oct 6, 2021 10:48:18 AM

strategies-for-banks-to-win-fintech-01

In the latest 2 years, banks are forced to constrict the number of branches and day-to-day operations. The pandemic has wrecked havoc on the industry's status quo. As customers find it impossible to access in-person their banks, they flock to fintech products. These challenger banks always offer a modern and more delightful experience, where customers are served wherever and whenever they are. According to a report by EY, 43% of customers said that COVID-19 has changed the way they use banking services. banks are now under substantial pressure to fight back.

Read More

Topics: Digital Banking

9 Differences between Buy Now Pay Later and Credit Card

Posted by KMS Solutions on Oct 1, 2021 2:21:26 AM

buy now pay later vs credit card-01-1

Buy Now Pay Later (BNPL) is currently a universal payment trend. Thanks to BNPL, merchants can sell more while consumers can buy what they want faster and more conveniently. However, we also have credit cards with their long history. Choosing which method to use depends on how flexible you can be with your finance, how you plan to pay off the debts, and how attractive you see the perks and incentives they offer. This article will help you better understand these two payment methods.

Read More

Topics: Digital Banking, Buy Now Pay Later

Understanding the “Buy Now, Pay Later” payment trend

Posted by KMS Solutions on Sep 28, 2021 5:30:54 PM

Buy Now, Pay Later-01-2

Buy Now, Pay Later (BNPL) is essentially not entirely new but is a new rotation to the traditional point-of-sale (POS) lending, where merchants offered consumers the option (initially offline, then also more and more online) to pay for larger ticket items over a period in installments.

Read More

Buy Now Pay Later: A New Payment Trend in Digital Banking

Posted by KMS Solutions on Sep 27, 2021 2:10:10 PM

buy-now-pay-later-trends

Have you ever thought that one day you can pay for your morning coffee and breakfast with just a simple tap and no cash? Yes, we are living in that period. Modern financial services with the power of digital technology are changing the world.  Buy Now Pay Later is a case in point.

As a revolutionary Digital Banking trend, Buy Now Pay Later is transforming how banks and consumers traditionally approach payment and credit. In this article, let's dig deeper into how BNPL has become so popular.

Read More

Topics: Digital Banking

As a Scaled Agile Partner, KMS Solutions has become the first provider of SAFe® training in Vietnam

Posted by KMS Solutions on Sep 23, 2021 5:02:44 PM

kms solutions became the first partner of Scaled Agile in Vietnam

21st September 2021, KMS Solutions announced that it had joined the Scaled Agile Partner Network as a Bronze Transformation Partner. As the first Scaled Agile Partner in Vietnam, KMS Solutions’ team of Certified SAFe® Program Consultants will provide comprehensive Agile consultancy and training services to help domestic businesses accelerate their digital transformation initiatives.

This article is also featured in Vietnamese on VnEconomy, CafeF, and CosmoLife

Read More

Topics: Press Release, Scaled Agile

Revolving Credit Explained in 7 minutes

Posted by KMS Solutions on Sep 22, 2021 1:48:40 PM

what-is-revolving-credit-kms-solutions-01

As an essential line of banking service, revolving credit let customers flexible access cash when they need it. Revolving credit has also become an integral feature of modern banking applications, intending to facilitate cardless payment and promote Digital Banking.

In this 7-minute read (yes! we calculate it for you), let's explore the definition of Revolving Credit, its types, and how it works.

Read More

Topics: Digital Banking

What is Account Aggregation and How It Can Help Banks Take Advantage of Open Banking

Posted by KMS Solutions on Sep 22, 2021 1:48:37 PM

account-aggregation-01

Account Aggregation is not a new phenomenon. It was around 2 years ago in 2019 when we saw the PSD2 take hold. Across the world, giant banks such as BBVA and NatWest have adopted account aggregation. It's then only a matter of time until it is implemented without exception.

Due to its popularity, account aggregation deserves a close review. This article will explain what account aggregation is, how it works, and what challenges banks might face when applying account aggregation.

Read More

Topics: Digital Banking

Why Banks Need to build a Business Banking App?

Posted by KMS Solutions on Sep 13, 2021 1:00:38 PM

bba

While mobile banking app for consumers has become a norm, business banking app is not really so. If you check on App Store or Google Store, you can see that only a handful of banks have mobile apps designed for business clients. Although most business banking activities still take place on desktops, banks cannot ignore the benefits of the mobile-first business banking app, which we will explore later on. 

In this article, we will discuss why banks need to build a business banking app. In addition, it will clarify the differences between mobile banking apps for businesses and consumers.  

With a digital banking experience that utilizes the advantages of mobile devices, banks have a higher chance of deepening relationships with their business clients.

Read More

Topics: Digital Banking, Digital Applications

Your Ultimate Guide to API Testing

Posted by KMS Solutions on Sep 13, 2021 12:38:31 PM

What is API Testing - KMS Solutions

As more companies adopt Microservices and Agile, they need API Testing to ensure the integration and connection of the digital product with other systems. In this article, you will get to explore the What, Why, and How of API Testing.

Read More

Topics: Software Testing