Legacy core vs modern UX
API layers that expose balances and transfers without rewriting the mainframe in year one.
🏦 Financial Services
FinTech & Banking Software Built for Audit Trails and Uptime
We ship lending portals, payment apps, and operations tools with encryption, logging, and access controls your compliance team can review before launch.
WHAT WE DO
Financial Software Without Shortcuts on Security
Financial products fail quietly when reconciliation is off by a cent, or loudly when KYC data leaks. Our work includes neobank-style mobile apps, insurance claim intake, wealth dashboards, and middleware between legacy core banking and modern customer channels. We design for PCI and regional data rules from sprint one — not as a pre-launch panic exercise.
INDUSTRY CHALLENGES
Problems We Help Financial Services Teams Solve
Regulatory change
Configurable rules for disclosures, consent, and reporting so legal updates do not require full redeploys.
Fraud at scale
Device fingerprinting hooks, velocity checks, and manual review queues integrated with your risk engine.
Slow loan or claim decisions
Workflow automation with document OCR and status tracking customers can see in app.
OUR SOLUTIONS
Financial Services Software We Build
Digital Banking Apps
Account overview, transfers, bill pay, and card controls with biometric login and session timeout policies.
Lending & Credit Platforms
Application flows, credit decision hooks, disbursement tracking, and borrower self-service portals.
Payment & Wallet Systems
P2P transfers, merchant checkout, settlement reporting, and gateway failover patterns.
Insurance Portals
Policy purchase, FNOL claims, document upload, and adjuster assignment workflows.
Wealth & Trading Front Ends
Portfolio views, risk questionnaires, and market data feeds with role-based advisor access.
Regulatory Reporting Tools
Data pipelines and dashboards for compliance teams pulling from multiple source systems.
EXPERTISE
Segments We Have Delivered
Regulations differ by country — we align architecture to your jurisdiction and partner banks, not a generic template.
Retail Banking & Neobanks
Mobile-first acquisition and servicing for digital-only and branch-light models.
B2B Payments & Invoicing
Bulk payouts, virtual accounts, and ERP reconciliation for corporate treasury teams.
InsurTech
Quote-bind-issue flows, telematics integrations, and partner agent portals.
Accounting & FP&A Tools
Multi-entity books, approval chains, and export to auditors without manual CSV wrangling.
USE CASES
Projects We Deliver in Financial Services
Neobank MVP
Licensed partner bank integration, KYC vendor, and app store launch in one program.
Legacy Modernization
Customer-facing web replacing green-screen workflows while core stays stable.
Embedded Finance
Lending or payments inside a non-financial product via API partners.
Internal Risk Dashboards
Real-time exposure views for ops teams during market volatility.
TECH STACK
Technologies for Financial Services Products
.NET
Java
PostgreSQL
Kafka
AWS KMS
OAuth 2.0
Plaid
Stripe Treasury
HOW IT WORKS
Our Delivery Process
1
Compliance & Scope
Map regulations, data classes, and third-party vendors before architecture.
2
Secure Design
Threat modeling, API contracts, and penetration test scope agreed with your security team.
3
Controlled Delivery
Separate environments, no production data in dev, and change logs for every release.
4
Launch & Monitor
Fraud alerts, reconciliation jobs, and on-call runbooks for payment failures.
WHY MAGNISYS
Why Financial Services Teams Choose Us
We document controls for your auditors
SOC and PCI reviews go smoother when access matrices, encryption notes, and data retention policies ship with the code. We write them as we build, not the week before audit.
FAQ
Financial Services Questions Answered
Do you build FinTech apps without a banking license?
Yes — most clients partner with licensed banks or BaaS providers. We integrate their APIs for accounts, KYC, and payments while you own the customer experience.
How do you handle PCI compliance?
We minimize card data touch — tokenization via Stripe, Adyen, or similar. When you must handle sensitive data, we scope network segmentation and logging to your QSA requirements.
Can you integrate with our core banking system?
We connect via vendor APIs, file batches, or middleware layers. Discovery includes mapping which operations need real-time vs end-of-day sync.
What does financial software development cost?
A focused mobile banking MVP with partner bank integration often starts at $80,000–$150,000. Enterprise portals with multiple integrations and compliance hardening can exceed $300,000.
How long does a FinTech build take?
MVP with outsourced KYC and payments: 5–8 months. Full retail banking feature set: 12–18 months. Regulatory approval timelines are separate and we plan releases around them.
START YOUR PROJECT
CONTACT MAGNISYS
Financial Services Team
Describe your financial services software needs. We respond within one business day with relevant case experience and next steps.
Email: hello@magnisys.com