Best Practices to Solve Common Challenges in Banking MVP Development
As customers' expectations grow continuously, banks and financial institutions are embracing ...
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BaaS vs. Platform Banking vs. Open Banking: What are the Differences?
Since the emergence of big tech & fintech companies, who have provided innovative and seamless ways...
Key Strategies to Improve Mobile Banking App Security
In 2023, cybercrime continues to be the primary concern of many financial institutions, with crooks...
UI Design and Technology Trends for Mobile Banking & Fintech Apps 2023
2023 has continued to witness the emergence of new mobile banking and fintech apps, although this...
5 Key Steps for Modernization of Legacy Banking Applications
Over time, the performance of legacy banking applications has decreased significantly. Bugs,...
How Open Banking APIs are Revolutionizing the Australian Financial Services Industry
Banking and financial services are the initial sectors to be affected by the enforcement of...
Banking Domain Application Testing: Checklist and Sample Test Cases
Similar to other industries, the digitalisation of the banking industry has brought a significant...
The Imperative of Penetration Testing for Financial Institutions
Cybersecurity threats targeting financial services organizations are constantly evolving, making it...
Forefront Technologies to Elevate your Mobile Banking App
Over the past decade, the banking industry has undergone a remarkable transformation, driven by the...
Essential Test Case Types for Testing Financial Applications
Financial applications are known for their complex nature, involving multi-tier functionality,...
What are Automation Testing Requirements for a Flawless Banking App?
In today's digital era, mobile banking applications have become an integral part of our daily...
5 Ways Banks Benefit From IT Offshoring Services
Since global Internet access and adoption have increased significantly, with over five billion...
Three strategies for incumbent banks to jump aboard Digital Lending
Building a new lending product from scratch, buying a pre-built digital lending platform, or...
9 Key Steps to Develop a Top-notch Digital Banking App
It was in May 1995, when Wells Fargo became the first bank to offer Internet banking to customers....
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Frequent Asked Questions
How can we evaluate an IT Outsourcing vendor?
When choosing an IT Outsourcing vendor, it's important to have a clear knowledge of what your organization requires from this partnership. There are main factors to consider such as technical expertise, rate of employment, practical experience, maturity level as a company, team seniority, average employee tenure &turnover rate, legal matters, cooperation models, IT certifications, and their warranties.
We recommend that you list out these points, determine the ones that are the most relevant for your business, and review your future IT partner point by point or simply fill the request form for our consultant to advise directly.
What is the price models for Digital Team service?
KMS offers 3 ranges of prices based on the model and your company's requirements:
- Dedicated Team Model: The client and KMS agree on a staffing plan for which client will be invoiced. The monthly rate is based on: Type of Skills and Roles, Relevant years of experience, and Work Location.
- Capacity Model: KMS team will provide a fixed capacity (man-hours available) to the client and charge the client based on the actual
consumption or the minimum commit in case the consumption is below the minimum commit.
- Fixed price project: KMS charges the client a fixed fee based on milestones for a defined scope of work.
Whether you want to have a trusted partner to take full ownership of your product, build a dedicated Digital Team, or simply make up for the resources you lack, there are options for you.
What is the technology stacks and digital capabilities KMS provide?
With over 1600+ IT Talents and 12+ of experiences, enterprises can seamlessly improve the development life cycles of their products and software.
- UI/UX Stack: React, React Native, Vue, Angular, Ember, iOS-Swift, Android-Java, Ruby
- Application Stack: NodeJS, Java, .NET, PHP, Python, RabbitMQ, Elasticsearch...
- Storage Stack: PostgreSQL, MySQL, SQL Server, Aurora, MongoDB, Cassandra, S3, Redact...
- Cloud Services: Amazon Web Services; Microsoft Azure; Google Cloud Platform
And many more.
KMS Solutions have successfully delivered numerous projects to our partners and customers, and hope that we can extend similar assistance to your company.
The process of consultation, execution and management for software development?
KMS approaches and processes are aligned in a way to form long-term trusted relationships with our customers in building world-class software and solutions.
First, our consultants work closely with you to understand your needs, therefore assessing your customer journey and identifying quick wins.
Second, we hand-picked the professionals, tools, and development methodologies that best fit your projects and start to transform your applications by pivoting to Cloud or Hybrid, and operations through Intelligent Automation (RPA)
Lastly, not only do you receive ongoing support from our experts to ensure your product’s functionalities, but also we would optimize run mode, with maintenance and monitoring constantly throughout the project.