Banking Domain Application Testing

Banking applications are one of the toughest applications to work on in today's Development and software industries. One of the reasons for being it difficult is because it involves money so we can't afford any mistakes in the testing of it. Each and every person wants to be secure about their money and so they put them in banks and hence banking application should be perfect.

Now what should we do and how should we approach this is one of the questions which will be answered in this article. We will also see different stages and techniques to test this type of application.

Banking Domain Testing

Banking Domain Testing is a software testing procedure for the functionality, performance, and security of a banking application. The major goal of banking application testing is to guarantee that all of a banking software's actions and features work properly with no problems and that it is secure.

The banking, financial services, and insurance (BFSI) industry consume the most IT services. Banking applications deal directly with sensitive financial information. All of the tasks carried out by banking software must execute smoothly and without errors.

Characteristics of banking application

  • Thousands of concurrent user sessions can be supported with multi-tier functionality.

  • Large-scale Integration − A banking application is typically unified with diverse other programs, such as the Bill Pay utility and Trading Accounts.

  • Workflows in the business that is complicated

  • Bulk and real-time processing

  • Transactions per second at a high pace

  • Transactions that are safe

  • To keep track of day-to-day transactions, there is a powerful ai feature.

  • To troubleshoot client difficulties, you'll need a lot of auditing.

  • Massive storage facility

  • Management of disasters and recovery.

In testing, what is a domain?

The industry for which the software testing project is established is referred to as the domain in testing. This word is frequently used while discussing software projects or development. Insurance domains, for example, Banking domains, Retail domains, Telecom domains, and so on.

Typically, domain expert assistance is requested when building any specialized domain project. Domain experts are experts in their field, and they may know everything there is to know about a product or application.

Why Domain knowledge is important?

Domain knowledge matters because it has its own benefits like

  • It reduces training time

  • It helps in quick defect tracking

  • It gives good ideas on UI features and back end processing

  • It gives a good hold over business process, workflow, and rule

  • It helps to easily understand technical terminologies

The banking area has a large number of concepts, which are divided into two categories.

  • Traditional banking sector
  • Service based banking sector

The services provided by these two banking sub-sectors are listed in the table below.

Traditional banking sector
  • Core banking
  • Corporate banking
  • Retail banking
Service based banking sector
  • Core
  • Corporate
  • Retail
  • Loan
  • Trade finance
  • Private banking
  • Consumer finance
  • Islamic banking
  • Customer delivery channels/Front end delivery

Performing an operation in a banking application involves numerous levels.

A banking application, for example, might include −

  • End-users connect with a web server via a browser.

  • The webserver's input and output are validated by the middle tier.

  • Data and procedures are stored in a database.

  • Transaction Processor, which might be a high-capacity mainframe or any other legacy system capable of processing trillions of transactions per second.

When it comes to testing banking systems, an End to End Testing methodology comprising different Software Testing techniques is required to assure the following −

  • All financial operations and business requirements are covered completely.

  • The application's functional aspect

  • The application's level of security

  • Integrity of Data

  • Concurrency
  • User Experience

Testing Banking Applications: Test Phases

Various stages of testing are involved in banking application testing.

  • Requirement Analysis − Business analysts perform requirement analysis, which involves gathering and documenting the needs for a specific banking application.

  • Requirement Review − This task involves quality analysts, business analysts, and development leads. At this point, the requirement collection document is evaluated and cross-checked to verify that it does not interfere with the workflow.

  • Business Requirements Documentation − Quality analysts create business requirements documents that encompass all of the examined business requirements

  • Data integrity, data loading, data migration, stored procedures and functions validation, rules testing, and so on are all covered by this testing.

  • Integration Testing − During Integration Testing, all developed components are combined and validated.

  • Functional Testing − During this phase, the typical software testing tasks such as Test Case preparation, Test Case review, and Test Case execution are carried out.

  • Usability Testing − Usability testing guarantees that people with varied abilities can use the system in the same way that everyone else can. For example, a disabled person can use an ATM that has a hearing and Braille facility.

  • User Acceptance Testing − User Acceptance Testing (UAT) is the final stage of testing performed by end-users to check that the application is compliant with real-world scenarios.

  • Security testing assures that the program is free of vulnerabilities. In order to break into the system and report it before any unauthorized individual accesses it, the QA team must include both negative and positive test scenarios during test preparation. The bank should also install a multi-layer of access validation, such as a one-time password, to avoid hacking. Automation tools such as IBM AppScan and HPWebInspect are utilized for security testing, while manual testing tools such as Proxy Sniffer, Paros proxy, and HTTP Sniffer are utilized.

What makes banking software so complicated?

  • A banking application deals with sensitive financial data, thus its performance must not contain any error and be highly secure.

  • Developers choose a complex architecture for these applications in order to ensure that they run in a desired secure manner.

  • Banking is an ever-changing industry. Customers can now access banking through a variety of channels, including physical branches, ATMs, online banking, and customer service.

  • With the advancement of technology, a plethora of wallets that connect to banking systems for financial transactions has saturated the market.

  • Banking is also intended to be available 24 hours a day, seven days a week, with high performance. This availability cannot be impacted by software upgrades, hot patches, or other issues.

  • The banking industry is also heavily influenced by the government's ongoing adjustments in the form of banking legislation. Any changes to the tax code have an impact on the financial system.

  • In terms of modern technologies, the banking system must be up to date. In the banking business, data analytics like Huge Data Processing and extracting intuition from big data using Data Science is gaining steam.

The Importance of Banking Application Testing

  • Testing the Banking application ensures that all operations are not only carried out correctly but are also safe and secure.

  • With thousands of dependencies, the banking software is complex, and testing takes more time, resources, and constant monitoring.

  • Because money is involved, certain procedures must be observed. Both testers and developers should be well-versed in the domain.

  • Most significantly, it must be verified that the laws and regulations governing financial transactions are correctly applied. Testing is the only way to assure this.

  • It's also crucial to make sure that different modules of a banking application are correctly connected and that the client's goal is met. System Integration Testing aids in the completion of this activity.

  • It's also crucial to make sure that the program, as well as the infrastructure on which it's run, can handle the demand without causing any downtime, especially during peak business hours. Performance testing can be used to assure this.

  • The one thing that everyone in today's digital world is concerned about is security. Any attempt to break into the banking applications and the financial transactions that take place within them must be secure. This can be ensured through the use of security testing. Security testing aids in the enforcement of industry standards for the protection of financial transactions.

Banking Application Sample Test Cases

New Branch Test Cases

  • Make a new branch and fill it with both valid and invalid test data.

  • Make a fresh branch with no data.

  • Make a new branch with the data from an existing branch.

  • Check the options for reset and cancel.

  • Valid and invalid test data should be added to the branch details.

  • Using existing branch test data, update branch details.

  • Check whether or not the new branch can be saved.

  • Check to see if the cancel option is active.

  • Check the deletion of the branch with and without dependencies.

  • Check to see if the branch search option is active.

Case Studies for a New Role

  • Make a new role and fill it with both valid and invalid test data.

  • Make a new role that has no data.

  • Confirm that a new role can be created using test data that already exists.

  • Check the role definitions and types.

  • Check to see if the cancel and reset button's function.

  • Check the role deletion procedure, both with and without dependencies.

  • Check the links on the role information page.

  • Check the admin login without using any test data.

  • For the admin role, double-check all home links.

  • Check that the administrator can change the password using both valid and invalid test data.

  • Verify that the administrator has successfully logged out.

Customer and Banker test cases

  • Check that all visitor and customer linkages are operational.

  • Valid and invalid test data should be used to verify the customer's login.

  • Verify the customer's login without providing any information.

  • Check the banker login without entering any information.

  • Valid or incorrect test data should be used to verify the banker's login.

  • Check to see if the client or banker was able to log out successfully.

Updated on: 17-Aug-2021

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