Banking, financial services and insurance (BFSI) as a sector plays a major role in the global market for software testing services, with a particular focus on the security aspect of software products and digital processes. In this article, we’ll take a closer look at how companies in banking and finance are approaching software testing, as well as how they’re using it to handle the growing pressure to embrace and succeed with digital transformation.

More than 70% of automation script failures are false and are caused by poor automation design practices. The False Failure Rate (FFR) is the percentage of tests that falsely fail when a test suite is run. It is calculated by dividing the number of false failures (failed tests that actually passed) by the total number of tests that were executed during a test run. Higher false failure rates increase testing and maintenance costs.