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Digital Banking Application
(Under NDA)
In the rapidly evolving field of financial technology, this application sets out to redefine the landscape of digital payments with essential features such as Biometric Verification, Social credit score tracking, secure payment processing and robust data security.
2024
Project Overview
Supporting cashless payments targets, and making the payments acceptance process transparent and seamless for their customers was the foundational vision with must-have features such as Biometric Verification, Social Login, secure payment processing, real-time transaction tracking, multi-platform compatibility, credit score tracking and robust data security.
Customer Company Story
Our client, the leading payment solution provider in their Country, embarked on a transformative journey to support cashless payments and enhance the transparency of the payment acceptance process. Their vision was to deliver this improved customer experience rapidly and at scale. They aimed to create a user-friendly fintech application
Biometric Verification
Users can access the application and confirm their identity through biometric data, enhancing security and ease of use.
Secure Payment Processing
Our application ensures the safe and encrypted processing of payments, safeguarding users financial information.
Real-time Analytics
Users can access the application and confirm their identity through biometric data, enhancing security and ease of use.
Compatibility
The application works across devices and platforms, allowing users to manage finances anytime, anywhere.
Score Tracking
We offer a credit score tracking feature to help users stay informed about their creditworthiness and make informed financial decisions.
Data Security
Data security is paramount, and our application employs robust measures to protect user data and maintain the utmost privacy.
Challenge
Creating this fintech application posed several significant challenges, including ensuring security for user data, seamless integration of essential features across multiple platforms, managing and analyzing user data and credit scores, adapting to regulatory requirements, and striking the right balance between functionality, security, and user experience. Overcoming these challenges required a combination of technical expertise, careful development and testing, and ongoing adaptation to the changing fintech landscape.
Stacks
For our fintech application, we carefully selected a technology stack to ensure optimal performance, security, and scalability:
Front-End
React powered the frontend, ensuring a dynamic, responsive UI for an enhanced user experience.
Back-end
Node.js and Express powered the backend, enabling seamless operations and efficient frontend communication.
Security
We followed best practices outlined by OWASP to address common security vulnerabilities.
Cloud Services
We hosted our application on AWS, taking advantage of its scalability and reliability.
Data Analysis
Real-time data analysis was made possible through the use of Apache Kafka and Apache Spark.
DevOps
Docker containers and Kubernetes orchestration ensured efficient deployment.
Observability
We monitored application performance using Prometheus, Grafana, and New Relic.
Launch
We executed a smooth launch, ensuring the application was fully operational and ready for end-users.
- Architecture and Schema
- API’s Implementation
- Transaction Flows
Solution
Our team, composed of Project Manager, Software Architecture, App Developers, Designers and SQA Engineers, started working according to Agile methodology. The main tasks were the following:
- Integration with Bank
- Required Certifications
- Testing and Security
Outcomes
The Final Outcome Was The Full-Fledged Fintech Application
Biometric Verification
Card Dashboard
KYC System
Bill Payments
Detailed History
Reward Platform
Secure Payment Processing
Integration with Bank
Credit Score Tracking
Contactless Transactions