An effective mobile banking app development team – what qualities should it have?

  • Anna Sorbet, at Finanteq

  • 21.07.2023 10:15 am
  • #banking

You may be considering the development of a mobile banking app for your customers or revamping your existing app. All it takes is finding a suitable company to execute the project. And that's easy to say because choosing the right business partner, regardless of the industry, is a time-consuming and effort-intensive task. It involves carefully considering various factors, assessing potential risks, and making a well-thought-out decision.

Experts in mobile banking development

At Finanteq, we know how to take care of your mobile banking project – whether you want to build a mobile banking app from scratch or work on your existing one. Check out what we offer regarding mobile banking app development.

When developing a mobile banking application, the unique aspect that distinguishes Finanteq is its focused specialisation and superb commitment to excel in its specific domain. With our experience in the banking industry, our teams acquired and cultivated specialised knowledge and expertise. This advantage enables us to outperform conventional software houses or outsourcing companies in delivering superior services from high-skilled teams, including best-in-class mobile banking app developers.

We are not another outsourcing company. We provide highly-performing teams with technical excellence that have worked exclusively in banking for years in stable squads. Equipped with the necessary technology stack, but also familiar with the banking industry, bank processes, and their dependencies. Thanks to this, Finanteq teams are ready to quickly start a new project or take over an ongoing project on the fly and complete it.

Effective mobile banking app development team

What sets us apart from the competition and makes our teams effective? Let's delve into why Finanteq stands out as the top choice in the industry.

Our approach to mobile app development is characterised by comprehensive project teams that strive for technical excellence and possess above-average operational maturity. This approach leads to an efficient development process and the company's ability to create innovative banking products.

The selection process for project teams at Finanteq is meticulous, ensuring that only individuals with exceptional technical and communication skills are chosen. This results in a team of top-class specialists who collaborate effectively. We hire the best scrum masters, business analysts, project managers, and developers to work together, ensuring a well-rounded team.

Moreover, our teams are fully operational from the start, having already undergone the time-consuming process of formation and maturation. The specialists at Finanteq are well-versed in the specifics of the banking industry and can focus on delivering value without the need for extensive learning about financial institutions.

It results in faster functionality delivery: Finanteq teams consistently deliver functionality faster than project-based teams from outsourcing companies or software houses while maintaining above-average solution quality.

Why cooperating with Finanteq teams is the best possible choice

Firstly, we have an exclusive focus on mobile banking. Unlike companies offering a broad range of services, Finanteq teams specialise in developing innovative and efficient mobile banking solutions. This unwavering dedication allows us to channel all our expertise and resources into creating cutting-edge mobile banking applications.

Secondly, we deeply understand the banking business and its unique nature. Understanding interdependencies and industry terminology means that our teams comprehend the relationships between banking processes and are proficient in using industry-specific terminology. We have spent years studying the industry's intricacies, gaining insights into financial institutions' specific needs and requirements. This profound understanding enables us to develop tailored solutions that seamlessly integrate into the banking ecosystem, meeting the highest security, compliance, and user experience standards.

Experience plays a pivotal role in distinguishing our teams as the best choice. With a long history in the industry, awe have accumulated a wealth of knowledge and expertise in technical aspects and the intricate workings of the banking sector.

Our team comprises seasoned professionals who have honed their skills through years of hands-on experience, ensuring that every project is executed with precision and efficiency. Moreover, the teams possess the knowledge to proactively propose changes and optimal solutions. We are ready to advise and conduct detailed banking application audits, identifying improvement and enhancement areas.

Flexibility and adaptability are key elements of Finanteq's collaboration model. We offer an agile or hybrid approach, allowing them to adjust our workflow and processes to align with each client's unique needs. This flexibility ensures the development process is tailored to the client's requirements, providing a customised and efficient experience.

Lastly, we are committed to delivering the best quality every time. We prioritise excellence in every aspect of our work, employing rigorous quality control measures and adhering to industry best practices. Our commitment to quality is unwavering, ensuring that every mobile banking solution they develop is of the highest standard, meeting and exceeding client expectations.

In conclusion, the above aspects make us the best choice for anyone seeking a top-notch effective development team for mobile banking app development. Our expertise, dedication, and innovative approach set them apart as the industry leader, ready to transform the future of mobile banking.

The unique approach to mobile banking app development

Among many mobile banking application development companies, as a company that prioritises innovation, Finanteq continuously creates trends. We collaborate closely with clients, providing detailed development roadmaps tailored to their needs. This partnership approach is reflected in the positive feedback on platforms like Clutch.co.

Our testing philosophy also reflects our commitment to modern development practices.

By emphasising functional automated tests, we aim to minimise errors and reduce the need for bug remediation. This approach ensures that customers receive a production-ready product at the end of each development sprint without requiring extensive regression testing.

Finanteq strives for 100% coverage of applications with functional automated tests, optimising resources and saving time and costs.

Furthermore, we strongly emphasise automation to streamline repetitive processes, freeing up developers' time for creative problem-solving and delivering value. This approach enhances efficiency and contributes to faster project delivery and cost savings.

Reviews from our clients

When it comes to mobile apps for banks, Finanteq has earned trust by consistently meeting customer expectations and prioritising their satisfaction. This commitment is reflected in the positive reviews shared on Clutch, which prove the excellent quality of our mobile banking development projects. The feedback we have received so far speaks volumes about our exceptional performance and the satisfaction of our clients.

Develop your banking app with the effective Finanteq Team

We have provided custom mobile app development using ready-to-integrate components for over a decade. Dozens of tools, off-the-shelf libraries, and innovative products allow banks to efficiently create and implement applications while maintaining maximum business value in a short time to market and without draining the budget.

Our high-performing teams create best-in-class mobile banking applications widely appreciated by clients and industry-rating companies.

Suppose you need to build from scratch a brand new mobile banking app or revamp and maintain an existing mobile banking app along with improving the quality of the app, shortening the time-to-market to launch the final product or optimising development costs. In that case, we know how to do it well.

Contact us to talk.

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