Banking and Financial Services
Next-Gen Quality Engineering for Next-level Banking Solutions
Talk to our Experts The banking industry has shifted from traditional branch-based banking to the online mode of internet and mobile banking to deliver faster and on-the-go services. Today’s digital customers need seamless banking and financial solutions, expecting a great customer experience (CX) with a personalized touch to retain them.
With the increasing complexity of financial products, stringent regulatory requirements, and the growing prevalence of digital transactions, the need for quality control mechanisms has become paramount. At Tx, our next-gen quality assurance services with Artificial Intelligence (AI) and Robotic Process Automation (RPA) based no-code/low-code automation deliver high-quality digital banking and financial solutions, ensuring a great CX. Our extensive QA domain experience ensures scalable and robust products.
Banking and Financial Services Challenges and Solutions
-
Data confidentiality and integrity
-
Managing regulatory requirements
-
Implementation of Next-Gen technologies
-
Handling large scale integrations & multi-tier functionalities
-
Risk management for complex financial rules
-
Managing digital customer identity system
- Ensuring data quality, compliance and security
- Performane and security testing of API and microservices
- Focusing on and enhancing user experience and customer data security
- Automate processes to reduce operational time for testing
Our Salient Features
Get In Touch- 200 person-years of experience in QA services
- Certified in CA, ICWA, CMA, CFA, CRBP
- Banking Test CoE
- 50+ banking professionals
- Ready-to-use test repository
Speak to an expert
In your line of work, we know every minute matters.
Tx Banking and Financial App Testing Services
Banking CoE
We establish banking testing CoE for banks and manage entire testing working with project sponsors, managers, development team, business analysts and users.
End-to-End Functional Testing
We check whether all the features incorporated by systems and applications, with multiple process flows, are working fine.
Test Automation
We deploy RoI–driven test automation for quick & frequent quality checks and reduce the maximum number of defects and time to market.
Migration Testing
We execute testing for improving systems and applications, which includes both functional and non-functional testing. It also includes testing critical changes for banking operations roll-out in various regions and countries.
Our Testing Solutions for the Banking and Finance Sector
- Loan Management and Loan Approval Workflows
- Financial Product Management Applications
- Electronic Cards and Payment Solutions
- Credit Check Applications
- Risk, Regulation, and Compliance Applications
- Customer Communications Management
- Digital and Mobile Financial Services
- Collections Platforms and Applications
- Mortgage Calculators and Management
- Customer Feedback Applications
- Wealth Management Applications
- Data Porting, Migration, and Mining
- Management Information Systems
- Asset Management
Our Accelerators
Tx-SmarTest
- Bot-led testing that ensures quicker and more robust testing outcomes
- Ensures greater code coverage and reduces test cycle time significantly
Tx-PEARS
- Ready-to-use framework for security and performance testing engagements
- 30% QA cost savings within the testing engagement
Tx-ReUseKit
- Ready-to-use templates help save time and chargeable effort while starting, managing, and reporting on software projects
Tx-TestMethods
- Improves overall IT life cycle management with test effectiveness and efficiency
- 30% savings in time and cost
Tx-DevOps
- Improves the code quality and delivery speed
- 25-30% time is saved with clear visibility of the entire DevOps project lifecycle
Tx-Botomate
- Supports NLP model test and real-time monitoring of chatbots
- Effective testing of conversational flows
Tx-UiPath
- Robot-led test automation framework
- 30% faster test creation
- 40% lesser maintenance efforts
Tx-Automate
- 90% reduction of efforts to run tests
- 80% reduction in regression testing cycle
Case Study
Gain Insights into Our Services Industry
Tx Assisted a US-Based Financial Services Company Achieve 100% Automation and Reduce QA Costs By 40%
Tx partnered with the client to understand the application flow and assisted automating test cases and batch execution. Our client has successfully saved costs, streamlined the processes, and scaled the business.
Tx Helped a Leading Investment Services Company Save 40% QA Cost & Achieve Successful Implementation of CRIMS System with Minimal Defects
Tx Helped a Leading Investment Services Company Save 40% QA Cost & Achieve Successful Implementation of CRIMS System with Minimal Defects
Tx helped a Leading Farm Credit Services Provider Achieve 90% Reduced QA Cycle Time and 50% Reduced Time to Market with Automated Functional Testing
To help client achieve the required goal, we enabled end-to-end functional automation testing of their farm credit application suite comprising of more than ten applications using the recent DevOps CI/CD methodology.
Why Choose Tx?
IP-led services that ensure 40% saving of time; robust testing processes leveraging next-gen AI, ML & RPA with no-code/low-code automation
FAQ's
-
Banking and financial application testing ensures that digital platforms like mobile banking apps, trading systems, and payment gateways are secure, reliable, and perform well under pressure.
-
Outsourcing to a specialized banking software firm ensures your applications meet industry security, compliance, and performance standards. It also allows you to scale faster, tap into expert talent, and reduce the time and cost of delivering high-quality financial solutions.
-
AI enhances banking software by automating fraud detection, credit scoring, and customer service interactions, leading to faster and more accurate decisions. It also helps banks analyze large volumes of data in real-time, improving risk management and personalizing financial products.
-
Even a small bug in this industry can lead to financial loss or legal risk. Testing helps catch bugs early, secures sensitive data, and ensures that applications comply with strict regulatory standards.
-
Yes, Tx specializes in integrating modern testing techniques into legacy environments while working seamlessly with cloud-native and mobile-first platforms. We ensure full test coverage without disrupting ongoing operations.
-
We follow frameworks aligned with PCI DSS, GDPR, SOX, and other financial standards. Our test cases include compliance checks, and we perform security and audit trail validations to ensure your software meets all required regulations.
-
We use automation, shift-left testing, and agile practices to catch issues early and move faster. This shortens release cycles and helps deliver high-quality apps without compromising compliance or security.
-
Yes. Whether it’s retail banking, wealth management, insurance, or fintech, we align our testing strategies to fit your platform, regulatory needs, and business goals.
-
You can start by emailing us at info@testingxperts.com or visiting our contact page. We provide tailored FinTech App testing solutions, drive impactful digital strategies, and help you achieve your goals.