Driving Innovation in Financial Services with Full Stack Development
Project Overview
Driving Innovation in Financial Services with Full Stack Development
A leading FinTech company in Italy and a large manufacturing enterprise in the USA, partnered with us to modernize their core platforms with full stack development. From compliance-driven banking solutions to intelligent AI-powered price prediction, the projects required a scalable, secure, and high-performance approach to meet strict industry timelines rapid growth.
The Challenge
The clients faced diverse challenges across their business units:
Delayed Implementations
Pre-Paid Management system implementation delays were impacting business timelines.
Regulatory Compliance
PSD2 (Payments Services Directive 2) compliance demanded a robust and secure solution in a short window.
Complex Ecosystem
Automated Clearing House (ACH) required collaboration across 6–8 different stakeholders to build the core platform.
Digital Transformation in Payments
Real-time Request-to-Pay (RTP) functionality was needed for merchants, corporates, and consumers.
Our Solution
We deployed a comprehensive full stack development strategy leveraging modern technologies:
Pre-Paid Management (PPM) & PSD2 Compliance
Built an open banking-ready solution within 5 months.
Leading Bank Gateway
Enabled smooth, large-scale payment transactions through network gateway integration.
Request-to-Pay (RTP)
Implemented real-time digital “pull” payments for merchants, corporates, and consumers.
Price Prediction:
AI/ML-driven prediction engine integrated with ERP and stock exchange systems for dynamic pricing decisions.
Implementation Process
Requirement Gathering
Workshops with stakeholders to capture compliance, transaction, and integration needs.
System Architecture
Designed robust full stack solutions using Java, Spring Boot, React, AWS, and Docker.
Integration & Testing
Connected systems with ERP, banks, and third-party vendors; conducted end-to-end testing.
Deployment & Go-Live
Deployed solutions within strict deadlines ensuring compliance and performance.
Results
Faster Time-to-Market
Delivered PPM and PSD2 solutions in record timelines (4–5 months).
Regulatory Compliance Achieved
Seamless adherence to PSD2 and ACH industry regulations.
Improved Transaction Efficiency
Smooth large-scale payment processing for a leading bank’s gateway.
AI-Driven Decision Making
Enabled manufacturing client to predict and revise order pricing in real-time.
Technology Used
Java, Spring Boot, React, React Native, Mockito, Maven, JBoss, Swagger, Junit, Liquibase, PostgreSQL, Oracle, Wildfly, SwiftNet Lib, JMS, IBM MQ, Hibernate, Docker, Kubernetes, GitLab CI/CD
