You know those websites that let you type in your checking account number and the routing number, and then they can transfer money to and from your account? How does that work? Any good services or APIs for doing that? Any gotchas? ...
I've always wondered why development jobs in banking pay so well compared to other sectors. Are they too good to be true, with long hours and horrible legacy systems? Or are they genuinely good jobs? Experiences please. Edit: OK, ok; I am aware of the recent er.. crash (thanks tvanfosson). But still, the banking sector does pay above...
How does one go about choosing a software vendor after having seen many presentations from many software vendors, from a user preference perspective? I ask this question on behalf of a friend who has been put in charge of making such an evaluation, without any prior experience. I thought the experience of the SO community might generat...
Our FI trading application generates trade confirms which come out as plain text letters. (.txt) I need these to be programatically overlayed (using only Windows Script) onto headed paper and then copied to a fax out directory. The script will be checking a directory for these files every n minutes. I want to keep the dependency count...
Does anyone know of a reliable java library that can be used for International Bank Account Number (IBAN) and Bank Identifier Code (BIC) validation? ...
Hi, I'm currently gathering different requirments over banking website development, and one of the part which I want to know deeply is "saving account" . What the internal working do I have to keep in mind for making a website over "saving account" part? Thanks in advance. ...
Would like to know if there's any opensource library that has a class representation of how a generic financial institution ought to be represented? Of the top of my head, I guess it should at least include a SWIFT code, location properties. ...
For both my bank accounts I can only access 18 months of history. To access older account history, you have to pay a certain amount of money for each old statement. Why do banks do that? Shouldn't this practice go away as we get bigger hard disks and cheaper storage? ...
First, let me agree this is not about programming. This is more about Financial Industry Architecture, and OpenStandards. It requires some exposure to banking (and financial) industry. When I was preparing for TOGAF exam, I came across Open Standard available for DataModel, Service Model, Architecture for many industries. (Example: AR...
I have been exploring and developing an application in Python for mission critical work in the commercial banking arena. Banks are way conservative in selecting new applications. I need real proof of stability and others using. Have looked at the Python site but now I'm hoping this crowd can tell me more. So far I don't have a deve...
Hi, In a banking or similar application there are usually several roles defined and associated privileges required (for example a normal user could only do transactions but not post it while a supervisor can verify and post them, sort of maker/checker). We also need to add new roles and privileges in the system (not sure about the latte...
Hi, First of all I apologize if this question is asked before. I am planning to develop a small application which displays my bank account details(like Mint.com) where I can customize the display of my own. I want to know how and where to start. Where these OFX API's are available? Are they free or we need to pay and get access to th...
It's been in the news (1) (2), but there's been no technical explanation, besides that it is a software bug on the chip. Is there any further information on what kind of bug this is? A one-off bug, some number conversion problem or ...? EDIT: Apparently the bug can be circumvented by modifing the terminals' software. I'd be nice to kno...
I am quite ashamed to ask this, but recently there has been a situation where I need to create a single table for three different types of banking entities that are related to each other. Let me explain. Imagine a BANK table that holds details of either a Governing Bank, or a regular Bank that operates rural branches, or the rural branc...
On many banking and investment websites, the site prevents users from logging in from an unrecognized computer without first answering an additional question or activating that machine. How do developers typically create this feature? For example, here is the message that Salesforce.com gives when I connect to my account from an unreco...
I have noticed that some applications provide functionality allowing the user to pull down transaction records (usually for credit cards) from an online banking system. Usually specific banks are supported. What is the general method to achieve this (i.e., using an API, or something else)? I have seen a web app that supports the bank th...
I'm developing a banking/accounting system and want to make possible printing a SWIFT (Society for Worldwide Interbank Financial Telecommunication) payment order. Does anybody meet a HTML template of such form? ...
I'm writing a web app that pays out money to customers on a regular basis... is there any kind of payment gateway for sending out money to customers' bank accounts, or do I need to talk to my bank about that (or just write checks once a month)? Poked around but all I could find were gateways for accepting money... ...
So this question isn't about integrating an existing payment gateway into my site. This is more of a architectural question. I want to build a system similar to Paypal. Now I understand that Paypal offers a lot of features under the roof and I can't implement all of them at once. I want to implement the core functionality of Paypal and ...
I've been having a hard time finding more information to this question, and since this site is visited by a lot of people from the United States, you guys might know/find the answer more easily. Banks in europe each have a SWIFT Number, while US Banks use Routing Numbers. This leads to following questions: Does each bank in the US als...