Nowadays technology has impact in all space of our daily life. From morning alarm to the GPS system that works in car, technology’s impact can be seen everywhere. In this competitive world, banks have also updated their system with latest technologies as they need to handle huge data of customers. Some common technologies that are used in the banking industry are cloud storage, blockchain, robotics and artificial intelligence.
Importance of Software Testing in Banking Industry
Digitalization of various banking services has completely revolutionized various aspects of banking industry such as peer to peer lending, payment through fingerprint, mobile wallet, UPI and more. Software testing has been extremely crucial because banking is a sensitive part, a slight mistake can take everything on the wrong track. Software testing should be properly covered at each stage of software function to ensure perfection in work.
Banking software programs are supposed to work among banks’ employee, customer and third party. A slight mistake at any level can ruin everything and this is the reason software quality assurance services should be hired from any reputed company. Selection of software testing company is extremely important and we recommend that company should have enough tools and work force. Always prefer independent software testing company.
Comprehension in the Software Testing:
Comprehensive software properties must be included in software application so that various functionalities namely real time fund transfer, card based payment system, saving and deposit system, large scale integration, automatic eligibility checking for loans etc should work properly. Nowadays, banking software programs work on mobile as well as desktop application.
When independent software testing companies go for banking application then there are some particular types of software quality assurance services that are to be implemented:
- Functional testing: all major and minor functionalities should be covered.
- Performance testing: stress, load, spike and some other testing to be performed in this section.
- Security testing: with ease of access, threat has also come for entire system. This is the reason security testing to be done with proper care.
Domain Knowledge is also Important:
Banking application has its own system that is well understood by bank employees, customers and all others who are concerned with whole system. Prior experience in this field will make testers ready to understand even minute things of the process. Software tester is actually intended to improve overall software program in all terms, it is not all about finding defects in software.
An independent software testing company can write better test cases in all scenarios. If tested through right set of test cases then there will be possibility that application will be perfect in all ways. When we go for software quality assurance of banking application then SQL injection should be done properly. Injection method is commonly used by attackers to access database records. There are many other ways that can be used for unauthorized access of bank’s database. Some possible ways are phishing, farming, spyware, keylogger and more.
We have always focused on independent software testing companies because they are better prepared with tools and work force. For more information about software testing in various domains, you can directly contact our team and they will assist you with more.
Testers HUB has worked in banking domains with reputed buyers. Check website for more information.
