Legacy Core Systems Hold Back Innovation
Outdated banking infrastructure creates slow transactions and poor customer experiences. We engineer secure, custom banking software and mobile applications that modernize your core, enable open banking, and accelerate digital transformation
Trusted by Leading Financial Institutions
Why Choose 247 Labs for Banking Software Development?
We bring over 10 years of enterprise engineering excellence, building highly secure, compliant financial platforms that process millions in daily transactions.
Proven Enterprise Financial Architecture
Our work on massive financial platforms proves our capability to engineer scalable, high-volume banking and payment systems.
Open Banking & FAPI Compliance
We are experts in Canadian open banking mandates. We develop secure, FAPI-compliant APIs that allow seamless, regulated data sharing between banks and third-party fintechs.
Uncompromising Security & ISO 27001
Security is non-negotiable. As an ISO 27001 certified development firm, we build banking apps with end-to-end encryption, biometric authentication, and strict access controls.
Custom Core Banking Modernization
We safely migrate your data from monolithic legacy systems to agile, cloud-native microservices architectures, ensuring zero downtime and complete data integrity.
Native Mobile Banking Apps
We build award-winning iOS and Android banking apps featuring real-time transaction alerts, seamless fund transfers, and intuitive personal finance management (PFM) tools.
AI-Powered Fraud Detection
Protect your institution and your customers. We integrate machine learning algorithms that analyze transaction patterns in real-time to detect and block fraudulent activity instantly.
Why Choose 247 Labs for Banking Software Development?
We bring over 10 years of enterprise engineering excellence, building highly secure, compliant financial platforms that process millions in daily transactions.
Proven Enterprise Financial Architecture
Our work on massive financial platforms proves our capability to engineer scalable, high-volume banking and payment systems.
Open Banking & FAPI Compliance
We are experts in Canadian open banking mandates. We develop secure, FAPI-compliant APIs that allow seamless, regulated data sharing between banks and third-party fintechs.
Uncompromising Security & ISO 27001
Security is non-negotiable. As an ISO 27001 certified development firm, we build banking apps with end-to-end encryption, biometric authentication, and strict access controls.
Custom Core Banking Modernization
We safely migrate your data from monolithic legacy systems to agile, cloud-native microservices architectures, ensuring zero downtime and complete data integrity.
Native Mobile Banking Apps
We build award-winning iOS and Android banking apps featuring real-time transaction alerts, seamless fund transfers, and intuitive personal finance management (PFM) tools.
AI-Powered Fraud Detection
Protect your institution and your customers. We integrate machine learning algorithms that analyze transaction patterns in real-time to detect and block fraudulent activity instantly.
10
Years
Proven Track Record
98
%
Customer Satisfaction
1,500
Projects
Completed
70
Members
and growing.
What Our Financial Clients Say
Malak Ahmad
Data Analyst, Deloitte
247 Labs delivered a web platform that not only looked exceptional but performed exactly the way our data models required. They took the time to understand the analytical demands behind the front end and built something that genuinely supports how we work. It was one of the smoothest development engagements I have been part of.
What Our Financial Clients Say
Malak Ahmad
Data Analyst, Deloitte
247 Labs delivered a web platform that not only looked exceptional but performed exactly the way our data models required. They took the time to understand the analytical demands behind the front end and built something that genuinely supports how we work. It was one of the smoothest development engagements I have been part of.
Fintech Success Stories
Data Validation Engine for Global Micro-lending Initiatives
Designed and architecture a complete data validation engine that integrations with ODK and uses standard deviation equation, statistical analysis techniques and dynamic user driven rules to score the accuracy of a survey entry based on the custom rules and comparisons with previous surveys that contain related data.
40%
improvement in data accuracy
30%
reduction in manual errors and processing times
55%
faster decision-making and allocation of micro-loans
Fintech Success Stories
Data Validation Engine for Global Micro-lending Initiatives
Designed and architecture a complete data validation engine that integrations with ODK and uses standard deviation equation, statistical analysis techniques and dynamic user driven rules to score the accuracy of a survey entry based on the custom rules and comparisons with previous surveys that contain related data.
40%
improvement in data accuracy
30%
reduction in manual errors and processing times
55%
faster decision-making and allocation of micro-loans
Our Approach
Our Proven Banking App Development Process
01
Discovery and Architecture Planning
We analyze your existing core banking systems and define the precise technical requirements for modernization, open banking integration, or mobile app development.
02
Secure UI/UX Design
Our design team creates highly intuitive, accessible interfaces that simplify complex financial transactions while maintaining strict security protocols.
03
Agile Development and API Integration
Our engineers build your platform using cloud-native microservices, ensuring seamless integration with existing payment gateways and third-party financial APIs.
04
Rigorous Penetration Testing
We conduct extensive automated testing, ethical hacking, and rigorous security audits to ensure your banking software is impenetrable.
05
Deployment and Compliance Auditing
We handle the entire deployment process, ensuring all systems meet stringent Canadian and international financial compliance standards before going live.
06
Continuous 24/7 DevOps Support
Post-launch, our dedicated DevOps team provides continuous 24/7 support, proactive threat monitoring, and regular security updates to guarantee maximum uptime.
Work with a diverse team of senior software engineers and fintech consultants
Ready to Modernize Your Banking Experience?
Partner with a leading banking app development company to build secure, scalable software that drives digital transformation.
A Word From Our Chief Executive Director
When companies come to 247 Labs, they are rarely just looking for a service. They are looking for clarity, momentum, and a partner who understands what is actually at stake.Â
Every service we offer is built around one principle: technology should move your business forward in measurable ways. Faster decisions. Lower operational friction. Better customer experiences. Stronger ROI.
Azwar Khalid
CEO, 247 Labs Inc.
Your questions answered
Common questions
What is custom banking software development?
Custom banking software development involves engineering bespoke digital solutions—such as mobile banking apps, core banking system upgrades, and open banking APIs—tailored specifically to a financial institution’s unique operational needs and regulatory environment.
Why hire a banking app development company instead of using white-label solutions?
White-label solutions limit your ability to innovate and differentiate your customer experience. A custom banking app development company builds a proprietary platform that you fully own, allowing for unique feature sets, superior security architectures, and seamless integration with your specific legacy systems.
Do you build open banking APIs?
Yes. We specialize in open banking software development. We build secure, FAPI-compliant APIs that allow your institution to securely share financial data with authorized third-party providers, ensuring compliance with upcoming Canadian open banking regulations.
How do you ensure the security of the banking apps you develop?
Security is our top priority. As an ISO 27001 certified firm, we implement military-grade encryption, multi-factor authentication (MFA), biometric logins, and conduct rigorous penetration testing to ensure your banking software is protected against all cyber threats.
Can you integrate new mobile apps with our legacy core banking system?
Absolutely. We specialize in legacy system modernization. We use middleware and secure APIs to connect your new native mobile banking applications seamlessly with your existing core banking infrastructure, ensuring real-time data synchronization without disrupting current operations.
Contact us
Let’s build something
great together.
We’re happy to answer any questions you may have and help you determine which of our services best fits your needs.
Call us at 1-877-247-7421 or email hello@247labs.com
Your Benefits:
- Client Oriented
- Independent
- Competent
- Result-driven
- Problem-solving
- Transparent
What happens next?​
1
We schedule a call at your convenience
2
We do a discovery and consulting meetingÂ
3
We prepare a proposalÂ
Office Locations:
Schedule A Free Consultation
