AI is proving that it’s here to stay. While 2023 brought panic and wonder, and 2024 saw widespread experimentation, 2025 will be the year that financial services enterprises get serious about AI's applications. But it’s complicated: AI proofs of concept are graduating from the sandbox to production, just as some of AI’s biggest cheerleaders are turning a bit dour.

Local preview environments are transforming how developers test and validate code changes before merging them into the main codebase. Acting as temporary cloud environments, they provide a production-like setting where new features and bug fixes can be tested in isolation, catching issues early and streamlining the development code review process. These environments are crucial for enhancing development velocity, especially in CI/CD workflows used by DevOps engineers and QA teams.

By 1996, developers had already made Java popular for its friendly APIs and automated Garbage Collection, and they started using it widely in back-end systems. One problem, however, was that most of these systems needed the same set of standard capabilities – such as persistence, transaction integrity, and concurrency control – which the JDK lacked at that time. That, naturally, led to many home-grown, closed implementations.

AI has been making waves in all industries, including FinTech. Not hearing this for the first time? Well, we know how much you’re already aware about AI and its applications. But do you know to what extent AI is futurizing the FinTech world? You better not just read, take a look at what statistics say… ‍In 2023, AI in FinTech sector was valued at approximately 42.83 billion USD, increasing to 44.08 billion USD by 2024.

In modern applications, real-time interactions have become the norm. Users demand real-time communication in apps like chat platforms, collaborative tools, live streaming services, and games. WebSocket APIs provide an effective means of creating interactive real-time apps by allowing persistent, bidirectional communication between the client and the server.

As organizations evolve – onboarding new team members, expanding use cases, and broadening the scope of model development, their compute infrastructure grows increasingly complex. What often begins as a single cloud account using available credits can quickly expand into a hybrid mix of on-prem and cloud resources that come with different associated costs and are tailored to diverse workloads.

A big part of data teams’ responsibilities is dealing with the unpredictable. Data pipelines don’t always run without incident: you need to rerun processes and fix data processing issues—in other words, put out data fires—to keep stakeholders happy. For every significant roadblock, additional time and effort is given over to investigation and post-mortem reports to make sure the incident doesn’t reoccur. But naturally, they keep happening.

Underwriting management is a delicate balance of speed and accuracy. If the underwriting ingestion and decision process is too slow, insurance companies risk losing customers to competitors. On the other hand, hasty underwriting decisions can lead to unprofitable risks in the portfolio. To tackle these challenges, many insurance companies have undergone modernization initiatives.

ATLANTA, GA - November 2024 - Katalon, a leading provider of software test automation solutions, is thrilled to announce it ranked 111th on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Katalon grew 1073% over the past three years, solidifying its position as a driving force in the evolution of software testing.

We’re happy to announce that Codemagic has received a perfect SOC 2 Type 2 report! We received our SOC 2 Type 1 report earlier this year and now we have received our Type 2 report with no exceptions noted! At Codemagic, we take the security and privacy of your data seriously. That’s why we went through the tough process of getting audited with the SOC 2 framework. “We’re proud to have achieved a perfect SOC 2 Type 2 report!