The development of financial software is intended to simplify and improve financial processes and help achieve the business’s objectives with software solutions. These goals include maintaining market dominance against the competition from fintech, improving customer service, increasing the productivity of employees, and many more.nnDevelopment of software for financial purposes may comprise:nnModernizing an old systemnAutomation of testing, as well as other quality control proceduresnThe development and launch of the mobile banking applicationnMonitoring and improving the security of datanThe development and launch of an application for real-time paymentsnThe development of software for finance has its peculiarities. Finance is highly controlled and handles sensitive information. Therefore, security and compliance must be a vital element of every stage. Innovative financial and banking solutions should also seamlessly integrate into current digital infrastructure.