Testing services for the financial sector
All software applications can benefit from QA and testing services, but the importance of BFSI testing is absolutely clear to anyone who has worked with financial institutions in any capacity. Companies from the fintech and banking domain simply cannot afford any uncertainty when it comes to software quality and integrity, and fintech application testing helps them gain confidence in their products.
- Great customer experience
- Uninterrupted performance
- All-around compatibility
- Unparalleled security
- Compliant software
When to Go for Financial Application Testing
Your in-house team does not have relevant experience
Your project includes testing security-related components
It’s too expensive and time-consuming to build an in-house team
You want quick access to a team of experts in fintech testing
You want to become the leading financial service provider
You want to deliver robust and reliable banking software
Challenges We Solve With Banking and Financial QA
Security
Gaps
Users and businesses are unforgiving about the lack of security in banking products.
Complex Tech
Stack
We’ll ensure stable, compliant, and secure integrations of any complexity level.
Device
Variability
Provide an identical user experience across thousands of devices and platforms.
Incomplete
Insights
Find out exactly what users think of your financial product with advanced analytics.
Why You Need Software Testing in Financial Services
Software testing for banking industry is an activity that should never be skipped or treated as an afterthought. Banking software testing services help you reach out to more customers, ensure higher customer satisfaction, and ultimately come out on top of the highly competitive fintech industry.
Without a doubt, BFSI is one of the fastest growing sectors that is also incredibly appealing to new businesses looking to make an impact with their software. This means that there are dozens of apps for every purpose, and standing out is not an easy thing to do.
Testing for financial services is the one step that can help you climb the ranks of popularity, as users are always going to prefer a well-tested, secure, glitch-free app.
The lack of security testing in quality assurance can trigger a whole range of negative outcomes, from the loss of audience trust to million-dollar financial damages because of an undiscovered vulnerability.
We use industry best practices to help businesses just like yours gain full confidence in their apps’ security. The sensitive data in your application will stay intact for the entire product lifecycle.
Banks and financial institutions have been going digital for decades now, but a surprising number of organizations rely on outdated legacy solutions that barely do the job.
Our BFSI testing services help usher in the digital transformation with an application that not only looks good on paper, but also delivers the functionality, user experience, and integrity users are searching for.
These days, focusing on just one platform is unlikely to bring you the results you envision when launching a new FinTech product. When customers are courted by numerous popular applications, creating a smooth omnichannel experience is the way to reach your business goals fast.
When testing banking applications, we ensure adequate test coverage for every platform type, giving you more opportunities to connect with your prospective customers.
Banking and Financial Software We Test
Core Banking Systems
A core banking system is the perfect alternative to brick-and-mortar banking locations, giving customers the flexibility and ease of use they crave. With our powerful testing solutions, we will make sure your app meets every technical and business requirement.
Mobile Applications
The number of mobile banking systems globally grows at a rapid pace, and it’s hardly surprising, considering how much they have revolutionized the way we access banking services. Software testing for financial mobile applications helps create user-friendly, compatible, stable products.
Software Integrations
Banking software products rarely work in isolation: they use API technology and other techniques to speed up software development, enrich the functionality, and make sure the software meets user expectations. This is why our testing approach will always include integration testing, among other things, to check the integrations on every level.
IoT & Embedded Systems
From wearable devices with banking functionality to ATM software and turnkey POS solutions, our proficiency in financial application testing services allows you to deliver software that businesses and individuals alike can fully count on.
Our Financial Testing Process
Requirement Gathering
– Technical analysis
– Business analysis
– Scope definition
Test
Planning
– Test case creation
– Hardware setup
– Software setup
Test
Execution
– Running the tests
– Capturing the results
– Creating documentation
Results
Analysis
– Detailed reports
– Advanced analytics
– Improvement suggestions
Closure & Maintenance
– Retesting
– Project closure
– Further support
What You Get With Our Quality Assurance Services
Risk Management
There are few industries where risk mitigation and prevention are as critical as they are for financial services. Use testing to make sure that your application does not pose any risks to your assets, your market value, or the trust customers put into your product.
Accelerated SDLC
The ability to release high-quality software faster than the competitors can become a valuable advantage in the cutthroat fintech market, and timely testing and quality assurance help speed up the development process by allowing you to quickly detect and fix issues.
Higher Revenue
Quality engineering costs money, but the money spent on comprehensive testing early in the development and testing cycle actually saves the costs in the long run, as you don’t have to allocate a separate budget for massive and expensive corrections. Moreover, paying customers are more likely to trust a well-tested solution, resulting in an up to 80% increase in revenue.
Regulatory Compliance
The banking, financial, and insurance industries are among the most heavily regulated ones, and for good reason. As a testing organization with dozens of completed BFSI testing projects, we know exactly what it takes for a software product to be fully compliant and how to get your app there.
Service Accessibility
When testing financial services, we focus not just on the usability, functionality, or security, but also on helping you reach your goal of serving as many customers as possible globally, regardless of where they are located, which devices they use, which languages they speak, and which physical limitations they may have.
Types of Testing for the Financial Industry
Functional testing
The functionality of your app is what attracts customers in the first place, so make sure that the functional issues in your solution don’t drive away your audience.
Performance Testing
A solid fintech or banking application needs to be able to withstand a heavy load, and stress and load banking app testing services help it achieve just that.
Security Testing
With a combination of manual testing and the right automation framework, we help you ensure the integrity and impenetrability of your banking application.
UI & UX testing
Usability testing helps your application rely on more than just its key functionality to attract loyal users, and we know everything about good UI and UX.
Automation Testing
End-to-end automation for financial services testing helps process more data in less time and test software with a dramatic increase in efficiency and reliability.
Compliance Testing
This ensures compliance with regulatory requirements and cybersecurity standards: BASEL III, BCBS 239, FACTA, AML, SEPA, GDPR, and other location-specific ones.
Win the trust of your customers with a flawless banking solution
What Our Clients Say About Us
Over the years, we have not only grown our testing capabilities and adopted new testing tools, but also developed lasting and productive relationships with our customers, resulting in projects we are truly proud of. Here are some of our clients sharing their experience of working with us.
“TestFort has been a great asset in helping us securing the quality of our Toolbars. When we needed quick help they were there for us and gave us access to a full team of testers within a matter of a few days. Over the course of our two years of partnership I have come to rely on TestFort for providing quality resources both in testing and development at a reasonable rate.”
Skype, Product Manager
“During the past year TestFort has become one of our trusted development partners for Windows Phone 7 and I have no hesitation recommending them as an excellent company and software development provider to do business with.”
Microsoft, Senior Architect
“TestFort QA Lab’s work was productive and highly critical for the client’s success. The team communicated regularly with the client, allowing them to provide their feedback about the progress. They’ve met the company’s expectations and they were always willing to help the client.”
Ricma, CTO
“A financial services company hired TestFort to provide QA testing for their app. The team performed functional testing, reported all bugs and defects to the client’s team, and collaborated to fix those issues. The most impressive thing about this company is their promptness, speed, and efficiency in testing.”
Financial Services Company, Kuwait City
“During the past 4 years, TestFort has proven to be an excellent company and a great asset by providing exemplary Quality Assurance services for all Dashlane platforms (Windows, Mac, iOS, Android, Web). TestFort is playing a critical role in our quality strategy, thanks to the devotion of their testing teams to the project. I can definitely recommend working with them.”
Dashlane, Director of Quality Assurance and Localization
Why TestFort
Quick Project
Start
Contact us today and we will build your dream testing team within 10 business days or less.
Transparency & Security
TestFort is a CMMI Level 3 and ISO 27001:2013-certified company with transparent operations.
Flexible
Approach
We offer 3 engagement models and combine them in any way within a single QA project.
250+ Physical Devices
We’ll test end-to-end processes on all devices and platforms for maximum compatibility.
QA Expertise. Flawless Banking Software
Releasing a banking application that is undertested or not tested at all is a recipe for disaster — we’ve all seen promising new products fail because they were unprepared for real-life use. Using financial software testing services will give you the confidence you need to know your app will do well and solve your audience’s problems while helping you build a reputation in the fintech market. Here is why TestFort is your ideal testing partner.
160+
Testing Professionals
Each member of our QA team has a deep understanding of how to test software to actually make a difference in its quality.
800+
Projects Completed
Following the Agile methodology principles allows us to test products within deadlines and meet every goal and objective.
23+
Years in Testing
We have robust experience with QA projects from all industries and types, successfully testing software for 2+ decades.
