Banking Software Development Services

Custom Mobile Banking Software Solutions

inVerita is a software developer in banking sector with extensive experience of delivering banking applications and solutions for established companies and startups. We help banks, trusts, escrows, and other financial institutions build, scale, maintain, and refactor their banking software. Our portfolio includes banking software applications for online and mobile banking systems, neobanks, B2B payment engines, trading platforms, and more. We understand the importance of security and compliance for software used in banking industry, so adhere to the latest security and compliance practices.

Custom Banking Software Development Services

Online Banking

At inVerita, we specialize in delivering banking software services that act as a digital extension of your bank. Our software allows customers to transfer money, manage transactions, and use any mobile payment capabilities 24/7. By leveraging blockchain technology, we guarantee secure and transparent transactions, so your customers’ data and money are safe.

Neobanking

We help neobanks challenge traditional banking by offering a broad range of personalized financial services exclusively online. Payment processing, money transfers, micro-investment, insurance, online credit cards, and e-wallet services without physical banking halls. Make things simpler, faster, and more efficient for your users with low-cost and customer-centric operation models.

Mobile Banking

Our mobile banking software includes custom anti-fraud tools, reports, monitoring modules so that you can ensure that the data is completely safe. With responsive UI/UX and custom-tailored features, we make your mobile solution polished, understandable, and simple to deliver the best possible user experience.

Core Banking Software

The inVerita engineering team designs, develops, optimizes, deploys, and maintains any core banking tool or functional module. We ensure that the back-end system that links multiple branches of your bank together smoothly and securely delivers operations like loan management, deposits, withdrawals, and payments in real time.

We Ensure Data Security and Compliance of Custom Online Banking Systems

Having long-standing experience in banking software development services, we understand the growing importance of data security and regulatory compliance.

By providing our customers with progressive risk analytics and compliance solutions, our banking app developers ensure meeting regulatory requirements without any hidden expenses.

We use advanced encryption standards to protect all sensitive data such as passwords, personal identification and financial information from unauthorized access. Multi-factor authentication combined with access controls adds an extra layer of security and regular testing and updates allow us to fix potential security vulnerabilities before they can be exploited.

Technologies We Work On

Our Work in Banking Software Development

No Infrastructure Bank

inVerita has designed a mobile solution for neobank that requires no physical infrastructure and operates entirely online. Our engineering team used .NET Core and React Native technologies to build the solution from scratch. We managed to significantly extend the customer’s testing and backend capabilities, and implemented a range of new features such as cashback, deposits, and analytics to improve the functionality for both the customer and its clients. By implementing of round-the-clock fraud monitoring, secure face and biometric ID, and instant app notifications, the inVerita engineering team managed to create a highly secure and innovative banking solution.

“They never considered anything to be an obstacle, and they said yes to everything we asked of them.”

Founder,

Cryptocurrency Company

Benefits of our Banking Software Development

Scalable Business Model

Choose a cooperation model that aligns best with your business needs. Based on the individual project requirements, you can scale up or down at any time in the development lifecycle.

Proven Experience

Our banking software development company has long-standing experience in building a wide range of custom banking software, including AI-powered solutions, RPA software, and blockchain-based applications.

Security and Compliance

Users’ data security is of utmost importance for us. We leverage advanced encryption standards, multiple forms of authentication, and implement access control to limit access to sensitive data to only authorized personnel.

GET IN TOUCH

Our software development team uses industry-proven methodologies to help fintech providers improve user experience and expand access. Fill in our contact form and our managers will get in touch with you to discuss the scope of your project.

Frequently Asked Questions

How much does it cost to build a banking application?

The banking app development cost depends on a range of factors such as the complexity of the application, the features and functionality required, and the platform and technology stack used. On average, banking application development of the basic solution with such features as account creation, balance inquiries, transaction history, and fund transfers can cost from $50,000 to $200,000.

What kind of software is mainly used in banks?

IT solutions for the banking industry mainly include core banking software, customer relationship management software, fraud detection and prevention software, trading and investment management software, anti-money laundering software, and risk management banking software solutions.

How do you ensure the security of users’ data?

Ensuring the security of users’ data is of utmost importance for every banking software company. Here are some of the most widely used measures: data encryption, multi-factor authentication, implementation of access control, regular security testing and software updates, and compliance with regulations and standards.

How long does it take to build a banking system software?

The timeline for building banking software systems can vary depending on different factors such as the scope and complexity of the system, the technology stack used, the size of the development team, and the level of customization required.

A simple online banking system with basic features might take around 6-9 months, while a more complex system that includes features such as fraud detection, loan processing, and risk management might take 2-3 years or more.

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