FINTECH2024

FinTech Mobile Banking App

Advanced mobile banking app with biometric authentication and real-time payments

8 months
Development Time
80,000-120,000
Budget
500K+ active users
Users
300% increase in mobile engagement
Performance

The Challenge

The bank struggled with an outdated app causing 40% decline in mobile customer engagement. Digital processes were slow and unintuitive, leading customers to switch to new digital banks.

The Solution

Built a new React Native app from scratch with modern UX design, biometric authentication, instant transfers, and intuitive investment management interface. Implemented microservices architecture with bank-grade security.

Developed a next-generation mobile banking application for a leading bank. The app features advanced biometric authentication, instant money transfers, investment management, and secure APIs for all banking services.

Technology Stack

React Native
Node.js
PostgreSQL
Redis
AWS
Kubernetes
TypeScript
Jest

Architecture Overview

Container-based microservices architecture with advanced security and API Gateway for traffic management

System Components

  • React Native Frontend
  • Node.js APIs
  • PostgreSQL Database
  • Redis Cache
  • AWS Lambda
  • API Gateway

Integrations

  • Core Banking System
  • Payment Processors
  • KYC Services
  • Fraud Detection
  • Push Notifications

Technical Challenges

1

Meeting PCI-DSS and ISO 27001 banking security standards

2

Integration with legacy core banking systems

3

Ensuring sub-2-second response times for all operations

4

Supporting all Android and iOS devices (including older versions)

5

Implementing two-factor authentication with biometric support

Results & Impact

300% increase in mobile engagement
performance
500K+ active users
users
₪5M annual operational cost savings
revenue
40% faster transfers
efficiency

Client Testimonial

Eldad brought us not just an excellent technical solution, but a complete vision for digital customer experience. The results exceeded all expectations.
ד
דניאל כהן
Digital Technology Director
בנק ישראל הדיגיטלי

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