The financial services sector has been undergoing a huge change due to digital transformation and technical developments. FinTech apps had a big 2019, due to the pandemic they had even bigger 2020. The adoption of digital solutions across financial sector has been growing from last couple of years. There are approximately 3,471 million users of digital payment solutions today, a number that’s expected to amount to 4,913 million users by 2025.
Software testing is mostly a subject of trade-offs, mostly trying to cover as much as application codebase with given time and resource limitations. Often few known bugs are allowed to slip through as they are considered as low risk. However, in FinTech even a minor bug can result in major business loss. Trust is vital component while dealing with finances, hence software testing for fintech applications is considered critical.
FinTech is a huge and diverse sector, that signifies many different types of software. These range from app based retail banking services to generating trading algorithms for brokerages that analyse market changes and trading patterns. The common factor in all these apps are the requirement to process huge amount of data quickly, while ensuring data integrity and accuracy at all times.
FinTech is a fast paced and highly competitive industry. It requires constant development that in turn leads to massive software testing. Testing needs to be included during the development of software.
How Pro – Test can help you with FinTech Software Testing?
At Pro – Test, we understand that FinTech software relies on rock-solid testing and QA processes to ensure product quality in a competitive and fast-paced industry.
- Security and Privacy: For any FinTech application, safeguarding customer’s critical data is of at most importance to ensure safe transactions. We provide robust testing to protect and provide a safe and secure application for your customers.
- Quality Assured: Our QA processes use the cutting-edge DevOps techniques, such as continuous testing. We ensure that our testers are closely working with developers to build a high-quality applications.
- Superior User Experience: Most of the customers are becoming tech savvy and expect a fast and smooth user experience. There is a lot of emphasis on User interface, constant and secure performance even at peak loads. To address this, we conduct a detailed usability testing and end to end performance testing.
- Uniformity Across Devices and Platforms: It’s critical that the fintech applications work consistently across various devices (IOS and Android) and browsers. We run test across various version of devices and browsers to ensure a consistent and secure experience for users.
Contact us today to enhance the quality of your FinTech applications.