Test Automation To Optimize Finance App Testing Processes

Since the concept of digitalization is expanding at a very aggressive pace, financial institutions are quickly leaning towards banking applications that can align well with their business goals. From offering seamless transactions to unhindered user experience, the apps are dedicated to offering a personalized yet efficient service dissemination system.  

Ultimately, the quality and speed of operations allows finance companies to fetch positive press which is a mandate for organizations that need to establish themselves as leaders on digital platforms.  

Nevertheless, another crucial factor that finance apps need to align with is sustaining the trust of the user. This might involve everything from cyberattacks to data threats with the products. Therefore, it becomes extremely necessary to go through reliable and effective QA lifecycle before a launch is made.  

Besides, testing of the banking application is a significant component of the entire SDLC when you need to yield more insightful outcomes and zero bad surprises. In this blog, we will aim at underlining the idea of automation testing and how it can complement the future of finance apps. 

Let’s begin! 

Automation Testing & Banking App Development Are Made For Each Other 

When it comes to testing finance applications, there is no space for errors. However, things might get uncertain when you are only relying on manual testing. Though manual testing is vital to understand some aspects of the application performance, any human errors or mistakes with the test execution during regression might hamper all the transactions and calculations.  

Even if you consider the idea of recording manual test sessions, it is not only challenging but adds more stress with identifying the issues, making you struggle with time, cost, and inefficiency.  

However, automated testing of finance applications complements the business objectives offering all the speed and reliability that is required for launching any finance applications. Some of the benefits that your team could reap by automating testing of banking application includes: 

• Faster and more efficient uncovering of bugs and issues compared to manual testing 
• Recording of test process to allow reuse and execution of tests 
• Testing with tools that do not bring any distraction or fatigue.  

Using Automation Testing To Make It Speedy, Simple, & Secure 

Though the future of banking and finance industry is all about being digital, it is the digital experience offered that leaves people unsatisfied. Here, automation testing could be brought into the picture fetching the best of speed, simplicity, and security.  

Speed 

Digital transactions can be frustrating at times even if it is a three-step process, any struggle that a user encounter while processing the transaction might compel them to end the transaction. However, automation testing allows you to foster active regression while giving the ability to ensure required speed.  

Simplicity 

If you have made an app that not only has a complicated design or maybe is too elaborative or has unclear language, it is likely to cause confusing UI. Since users need simple understanding and more accessibility, automation testing could help testers to streamline the UI testing part.   

Security  

Another major issue that users tend to encounter with finance apps is the data security. From protecting the money to user’s credentials or other personal information, automation testing could be harnessed to keep the security factor in check.  

Besides, the issues related to speed, security, and simplicity of the applications, if addressed properly could aid businesses to have a competitive edge. From hyper-personalization to handling of complex online tasks, automation testing could enable FinTech brands to reach greater success.  

More importantly, when it comes to adding new features, automation could enable testers to get over exhaustive test sessions and save all the time and cost required to get over quality or security concerns.  

Moving Towards Success 

Usually, when an organization or a team proceed to work on test automation, most of them struggle keeping up with their goals and end up failing. Therefore, the idea of success with automation testing of a finance app begins with implementing the right automation framework and tools. Some of the other factors that can elevate you toward success include:  

Deep Domain Knowledge 

Finance apps are tricky to create and manage. Since they need to handle enormous amount of sensitive data while aligning with varying laws, regulations, and tax structure, the testers must have a thorough knowledge of working on big data, compliance, the variation in the operations, and of course, up-to-date knowledge.  

Automation Readiness Strategy 

Successful test automation teams begin with meeting financial service providers to include them in their automation journey. It begins with assessment of your systems, the process you follow, the coverage, and of course feature prioritization to satisfy the needs of your target market segment.  

Testing Expertise 

When it comes to finance apps, users need high-performing, secure, and seamless experience across devices. In order to attain such goals, it becomes necessary for testers to work everything from functionality to usability, performance, security, and more. Also, it includes keeping a focus on integrating multiple complex systems that involve third-party platforms, APIs, legacy solutions, as well as any external software.  

The Framework Selection 

Once a test automation process is defined, you must concentrate on choosing the right framework to complement your web and mobile objectives. It should be a flexible and scalable solution that can easily accommodate the tools you choose and aid your automation strategy.  

Fail Faster, Improve Constantly – The Secret To Success 

Test automation in context to development of finance apps is all about adding changes that can enhance the release process and push the applications faster into production. This can not only complement continuous cycle of customer-pleasing enhancements but can help organizations to witness much faster deployments, improvements, and test velocity.  

Above all, test automation has got everything that finance companies need to launch great applications. From improved productivity to diminishing the costs of tests, it is everything vital that is required to foster great consumer experiences and yield the best output from the products launched.