Testing Solutions to Transform Banking & Financial Services

Ensuring end-to-end digitalization and continuous testing for banking & financial software applications

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Targeted QA Solutions for Eliminating Banking Application Challenges

With over a decade of expertise in software testing and QA, ImpactQA has been a catalyst in elevating software products within the Banking, Financial Services, and Insurance (BFSI) sector. Our focus extends to serving esteemed global entities in the BFSI domains, enabling the development of robust applications that seamlessly adapt to technological advancements.

Our adept testers ensure agile, next-gen applications through tailored end-to-end testing solutions. We also demonstrate proficiency in meticulous code-level evaluations and uphold internationally recognized security benchmarks such as ISO/IEC 27001, PCI DSS, FFIEC, BCBS, and EBA. Furthermore, we delve into pivotal FinTech domains, including Decentralized Finance (DeFi), Digital Payments, and Banking-as-a-Service (BaaS). This underscores our unwavering commitment to remain at the forefront of pioneering industry advancements.

Meet Multiple Banking Challenges with Quality Focus Solutions

40% Reduced QA Cost

30% Improved Automation Coverage

Digitized Banking Solutions

Better Omnichannel Experience

AI-powered QA Services

BFSI App Testing Methodology

Testing BFSI apps necessitates an end-to-end approach. Several software testing approaches are used in this process to ensure software quality.

Empowering a Collaborative and Inclusive Financial World for All

Banking Applications

Online Banking Software
Mobile Banking Applications
Credit Card and Loan Processing Apps
E-Wallet Apps
Corporate Banking Software

Finance Applications

Financial Accounting Software
Trading Applications
Capital Market Software
Wealth Management Applications
Payment Gateway Software
Customer Management Software
Micro-finance Applications

Insurance Applications

Health Insurance
Life Insurance
Property Insurance
Auto Insurance

FinTech Applications

Digital Payment
RegTech
InsureTech
Blockchain
Decentralized Finance
Banking as a Service (BaaS)

Discover How ImpactQA Offered Focused QA Solutions for a Leading Indian Bank to Improve Operational Efficiency By 60%

Know How!

Our BFSI Testing Landscape

Services We Offer

Functional Testing

Leveraging tools like Selenium and Appium, we scrutinize each software facet, ensuring impeccable user experiences, transactions, and calculations.

Test Automation

Optimize operations with up to 60% manual process reduction through our test automation solutions, facilitated by our top-tier QA engineers.

Performance Testing

Using tools like JMeter, we evaluate the system's performance, ensuring optimal speed, responsiveness, and scalability even under high usage.

Security Testing

Implementation of a security testing strategy to identify vulnerabilities, hazards, and threats in a BFSI software application and prevent any data from being compromised.

Cloud Testing

Exclusive cloud testing solutions enabling swift access to virtual infrastructure while enriching test purview and empowering a coherent digital transformation.

PCI Testing

Validate compliance with Payment Card Industry Data Security Standard (PCI DSS) requirements, assuring the secure handling of credit card information.

User Experience Testing

Prioritize user satisfaction by testing the service's usability, accessibility, and overall user experience, creating an intuitive platform for customers.

Business Process Testing

Validate end-to-end business workflows, ensuring impeccable functioning of processes like account creation, fund transfers, and statement generation.

Modernized Testing Expertise for Financial Institutions

EMV Testing

We perform EMV migration and validation testing to ensure the payment network’s integrity in accordance with globally established standards.

Transformation of Payment Channel

ImpactQA provides comprehensive payment API testing solutions and recommends automation strategies across all layers of integration, including financial institutions, payment networks, merchant gateways, and so on.

Data Security

Our team ensures the implementation of a security testing strategy to identify vulnerabilities, hazards, and threats in your banking and financial software to prevent a data breach

Banking Domain Expertise & Benefits

150+

Banking and Financial Services
Domain Experts

5+

Enterprise
Banking Clients

100%

Expertise in CBS & Compliance Support
for Banking Regulations

Roots to Our Service Excellence with BFSI Application

Certified Team of Testers

We manage an in-house team of domain-specific testers certified in ICWA, CA, CMA, CFA, and CRBP.

Next-gen Testing Approach

Our team is well-versed in using AI, ML & RPA, and no-code/low-code automation to deliver quality-focused banking applications.

Smart QA Assessment

We offer precise QA evaluation to help the client develop a test strategy that includes suggestions based on industry best practices, quality frameworks, etc.

Risk Assessment

ImpactQA uses AI and automation for risk management and further carries out regulatory compliance testing and validation.

Cloud Testing Solutions

We provide complete cloud testing solutions for quick access to virtual infrastructure, broadening test scope, and enabling a cohesive digital transformation.

Testing Solutions for Digital Banking

We offer comprehensive testing services for all digital banking channels, including internet banking, mobile banking, remote banking, digital wallets, and others.

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