Stay Ahead in the Transforming Financial Industry
As humankind is relying more and more on cutting-edge financial technology, the market is eagerly awaiting new players. But, before making that crucial move and releasing a product, financial institutions need to make sure their software performs exactly as expected. And financial services software testing is the only way to get there.
- Flawless functionality
- Absolute data integrity
- Efficient business processes
- Zero service disruptions
- Full regulatory compliance
When to Go for Financial Software Testing
You are planning to launch a new financial product
You want an expert testing team on demand
You want to speed up your software releases
You don’t want to establish your own testing infrastructure
You need to test complex integrations and APIs
You want to take advantage of test automation
Financial Application Challenges We Solve
High-Volume Transactions
With finance application testing, your product will be able to process multiple transactions in real-time.
Uninterrupted Availability
Testing financial applications improves their performance and minimizes interruptions or downtime.
Fraud Detection & Prevention
We’ll use testing to ensure your platform can identify fraud activities and react accordingly.
Legacy System Maintenance
Financial services testing allows organizations to get the most out of their legacy software.
Why You Need Financial Software Testing Services
Software testing for financial services uncovers not just common bugs but also deeper issues that may prevent your product from reaching the business goals you set. Here is why else you need to consider finance software testing.
Customers may not always be aware of how intricate the work of a financial application is from the technical point of view, but they can always tell when user experience does not meet their expectations.
In our fintech app testing approach, we look into every aspect of your product’s operation, from UI and adherence to accessibility best practices to its ability to work under heavy workload, to create an engaging UX.
With financial data, there is no room for error or uncertainty. Calculations, transactions, interest rates, and reporting need to be not only fast — they also need to be absolutely precise in 100% of instances.
We will simulate different real-life scenarios to check how your application processes data across various conditions, network settings, and transaction volumes so that you can quickly catch and resolve any defect.
In a time where there are already plenty of well-known financial services, being able to release and improve software faster can become one of the most valuable competitive advantages.
Our fintech software testing services are designed to test and validate software at a faster rate, allowing you to speed up your releases and be more confident in the outcomes.
Fintech is one of the most rigorously regulated industries, and rightfully so. Financial regulations like PCI DSS, AML, BSA, PSD2, and GDPR help make fintech a safer industry for all parties and maintain security.
Compliance with financial requirements is mandatory for any product operating in the market. With our deep understanding of the regulatory requirements, we will help you avoid legal and financial trouble caused by non-compliance.
Financial Systems We Can Test
Payment Processing
QA testing of payment systems focuses on transaction accuracy, integration with payment gateways, and fraud prevention, ensuring secure and seamless payment flows while minimizing risks and enhancing user trust.
Blockchain Platforms
Testing blockchain solutions is designed for verification of smart contract functionality, data integrity, and network performance, ensuring transparency, stability, and secure decentralized operations for financial transactions and records.
Personal Finance & Wealth Management
We will use testing to evaluate the accuracy of calculations, user-friendliness of the interfaces, and secure data handling, helping individuals and advisors manage budgets, investments, and portfolios effectively and confidently.
KYC & AML Solutions
When we test software for KYC and AML compliance, we focus on identity verification workflows, compliance algorithms, and fraud detection mechanisms, ensuring adherence to regulations and minimizing financial crime risks.
Trading Platforms
We will concentrate on everything that needs to be tested in a trading application, including real-time performance, market data integration, and risk management features, ensuring fast, reliable, and secure trading experiences for all users.
InsurTech Solutions
When testing InsurTech software, we pay special attention to policy management, claims processing, prevention of security breaches, and premium calculations, ensuring operational efficiency, compliance, and a seamless user experience for insurers and customers alike.
Our Finance App Testing Process
Requirement Gathering
– Technical analysis
– Business analysis
– Setting goals & objectives
Test
Planning
– Creating test cases
– Preparing hardware
– Environment setup
Test
Execution
– Executing the tests
– Recording the results
– Documenting the findings
Results
Analysis
– Preparing reports
– Processing analytics
– Providing suggestions
Closure & Maintenance
– Working with developers
– Finalizing the project
– Ongoing support
What You Get with QA Financial Services
Fintech application testing is an integral step on the way to release a financial software product, but it can do much more than just verify the functionality and stability of your app. Here is what else you get with fintech QA.
Enhanced Security
Cutting-edge security testing solutions allow you to adopt a proactive approach to ensuring the impenetrability of your application, where you’re not just removing vulnerabilities as you go, but prevent them from happening in the first place.
Increased User Trust
With so many popular financial applications out there, having a spotless reputation and customer trust is perhaps the most valuable competitive advantage there can be, and testing is the most effective way to get there.
Risk Mitigation
Financial software products face countless risks every day, from data inaccuracies to system failures and service interruptions. Testing helps you mitigate increasingly complex risks and challenges of fintech apps.
Informed Decision-Making
Modern testing solutions help you get timely, data-driven insights into software quality, performance, stability, user feedback, and more, allowing you to make strategic decisions confidently and with better outcomes.
Lower Operational Costs
The earlier you spot a bug in software, the easier and less expensive it is to correct it — that’s just the basic principle of testing. Introducing quality assurance early in the development process lowers testing costs and prevents expensive corrections later in the SDLC.
Types of Financial App Testing We Do
Functional testing
Make sure your app delivers correct features and workflows, creating a seamless user experience.
Performance Testing
Ensure your product maintains speed and responsiveness under normal and peak usage conditions.
Load Testing
Verify your financial solution’s ability to handle heavy transaction volumes without delays or failures.
Security Testing
Protect your product against vulnerabilities, safeguarding sensitive financial data and transactions.
Automation Testing
Make sure your app achieves faster releases with consistent, repetitive, and efficient test execution.
API Testing
Make sure your app integrates seamlessly with third-party services and ensure an accurate data exchange.
End-to-End Testing
Verify your app functions flawlessly across different workflows, from front-end to back-end systems.
Compatibility Testing
Ensure your product works seamlessly across various devices, browsers, and operating systems.
Compliance Testing
Guarantee your app adheres to financial regulations, industry standards, and legal requirements.
Let us bring your software product from good to flawless
Fintech QA Expertise That Works in Your Favor
As a fintech software testing company, we deliver QA solutions for projects of all sizes. Our Testing Center of Excellence provides unmatched expertise for the most complex QA challenges, crafting tailored test strategies to meet your product’s unique needs.
Streamlined Processes with QA Audit
To help you optimize in-house operations and introduce a quality-first approach, we offer a QA audit service designed to locate all inefficiencies and improvement opportunities. By analyzing your processes, we introduce a robust testing framework that fosters excellence, drives innovation throughout your project, and helps streamline the digital transformation.
Automation on Guard of Software Quality
End-to-end automation is key to our testing approach. Using advanced tools, AI-powered automation, and manual techniques, we ensure comprehensive coverage and flawless performance while accelerating delivery schedules and maintaining top quality.
What Our Clients Say About Us
With extensive experience in software testing, we’ve completed hundreds of complex and exciting projects involving all kinds of cutting-edge technologies and tools. However, more than the number of projects in our portfolio, we value the relationships we build with our clients. Here’s what some of them have to say about our collaboration.
“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
“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
“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
Why TestFort
Next-Gen Tech
Stack
From AI and ML to RPA, RegTech, and Blockchain — our range of technologies knows no limits.
Deep Fintech Expertise
We have years of experience with the leading fintech solutions, including SAP, Oracle, and Fiserv.
Stringent Compliance
We will ensure regulatory compliance of your app in any geographical zone and jurisdiction.
Flexibility & Transparency
Our flexible approach will meet all of your needs, and you can expect complete transparency.
Seamless Service. Happy Customers
With our comprehensive approach to software testing for financial services, we will make sure your fintech app delivers security, compliance, and flawless performance with expert-level commitment to software quality. Partner with us to safeguard your reputation, enhance user trust, and achieve seamless operations in the increasingly demanding financial landscape.
160+
QA Experts
We have a team of Middle and Senior-level testing professionals ready to join your project.
250+
Real Devices
Following the Agile methodology principles allows us to test products within deadlines and meet every goal and objective.
23+
Years in Testing
Our expertise spans hundreds of products from dozens of industries and global markets.
