Transform Your Business with Fintech Consulting
Some of Our Fintech Clients:
Fintech Consulting for Specific Client Needs
Finance and technology work differently depending on the industry. While some companies operate only in finance sector, other need financial applications for certain projects. Bringing consultants can help to clarify your idea whether you’re a startup or a big company. Our main goal is to identify challenges and provide clients with possible solutions.
Here's how our fintech advisors can bring your idea to life
Highly-Requested Guidance We Provide to Fintech Companies
At Softjourn, we are committed to providing clients with a complete range of services that help build up business value. From project requirements to software features, our experts will support you in giving your ideas a shape.
Having doubts of whether to build or buy? Or do both? Our fintech consultants and business analysts will provide you with comparison of the time, speed, overall expense and ease of use of multiple solutions so can compare whether a hybrid or ready-made solution is the best choice.
Figthing fraud is important for anyone building fintech solution. We have in-house experts that will help you mitigate the risks and successfully prevent fraud in payment processing and validation. Also, we can advise you on how to use ML and AI to spot transaction anomalies and keep your users safe.
Blockchain, AI, ML, OCR and Data analysis will allow your business to operate quickly, efficiently and with a higher impact. Our teams can help you understand how these technologies can support your business and help provide you with a comprehensive implementation roadmap.
Multi-dimentional approach provides pur team with unique insights into your processes to suggest best practices. By using automation and understanding your internal process, we can show you how to reduce human-labor costs so you could optimize infrastructure spending.
Every project is different and our teams are ready to leverage our domain experience and explore different technologies, approaches, and projects to provide our clients with the highest level of consulting services.
Want to know how our fintech consultants can help your project?
Technical Due Diligence Services
At Softjourn, we understand the importance of thoroughly evaluating the technology and intellectual property of a potential acquisition or investment. Our team of industry advisors and technical experts, solution architects, and business analysts are skilled in evaluating the strengths and weaknesses of a company's technology and intellectual property portfolio.
We thoroughly analyze a company's technology, infrastructure, architecture, and research and development efforts. We also assess the market potential of the technology and its growth and scalability potential.
As a part of our fintech consulting services - tech due diligence provide our clients with a clear understanding of a potential acquisition or investment's technology and intellectual property landscape. This allows them to make more informed decisions and helps them to identify potential risks and opportunities.
Contact us today to learn more about how we can help you with your tech due diligence needs.
Our Fintech Consulting Case Studies
UPC: Improving Payment Processing with Server Maintenance
To keep UPC’s customers happy with the system and keep maintenance costs down, UPC collaborated with Softjourn to migrate and update the processes associated with eCommerce Connect. Softjourn’s original area of financial expertise is payment processing, especially when it comes to technology that enables a quick and accurate transaction.
Tacit Innovations: Enhancing a Mobile Payments App with Apple Pay
Tacit Innovations turned to Softjourn to create the first-ever code to enable in-app Apple Pay purchases from Interac debit cards, which significantly expanded the potential of the Maegan app for its users. After a few consulting sessions, Softjourn’s experts provided the client with anoptimal solution and a secure way to integrate Apple Pay.
Powwow: Empowering Remote Work with Low Code
Powwow partnered with Softjourn as they needed help finding a solution for their current app. Our experts analyzed their problem and suggested using a hybrid approach. Despite being relatively new, Xamarin allowed for a single-sourced application that has an integrated UI layer for cross-platform functionality. This meant it could be used as a more cost-effective measure, requiring less engineering time and fewer tools.
Softjourn Helps Clients Attain PCI Compliance
While Softjourn cannot assist with the PCI DSS audit itself, we can help make your system secure and compliant. We have done so for many clients in the past, including a prepaid card company that has issued 10 million cards over its lifetime. We can help you prepare for PCI compliance, including reviewing code and processes that will be examined during an audit.
Card Tent Partners With Softjourn to Develop Its Global Payments Platform.
Our Solution’s Architect was involved in the project and created a vision of the business logic on a technical level. We were proactive in recommending high-level solutions and a structured plan for Card Tent. Additionally, we helped to create and hold product demonstrations for potential clients and investors of Card Tent.
Bullet: A Case Study in Definition Before Integration
To complete the software acquisition quickly, Bullet bypassed due diligence on the Polydone and Quoters software. The game plan presented by Softjourn included a variety of options, highlighting the costs and speed of delivery of each. After intense review and consultative discussions, Bullet identified its preferences to move forward.
Case Study: Credit Offer Generator
With our POC of the Credit Offer Generator, we’ve created an opportunity for all types of lenders to improve their processes with significant advantages for their businesses and customers.
Bullet: Meeting CBI Requirements with AWS-Powered Data Processing
When Bullet decided to become a Central Bank Regulated entity it knew it needed a tier one infrastructure platform. Softjourn recommended migrating to Amazon Web Services (AWS), Softjourn fired up the project to build the architecture and manage the transition and provide all necessary support along the way.
Tribal Credit: A Proactive Partnership Eliminated Blockers & Saved Time for a Fintech Company
Tribal Credit needed assistance in transitioning from their 1.0 to 2.0 system while maintaining version 1.0 in the meantime. Softjourn provided a solutions architect with deep fintech knowledge to provide industry-specific advisory services, as well as technical talent to help them throughout the process.
Magic Software: The Extra Step We Took to Ensure Exceptional UI/UX Design
Leveraging our deep expertise in fintech, Softjourn created a seamless UI/UX design to consolidate reporting processes, maximizing efficiency for users. Our insights and expertise in the fintech space enabled us to create a UI/UX design that was responsive, easy to use, and perfectly suited to the demands of the banking and finance sectors.
Our Fintech Insights
The Biggest Payments Industry Trends of 2023 & How to Implement Them Now
How to Define Your Software Integration Process
Unlock the Power of Your Data with Data Workflow Orchestration
How Is Hyper-Personalization Changing the Banking Landscape?
Grow Your Business with Payment Orchestration
How and Why Is Open Banking Reshaping Finance?
Fintech FAQ
Softjourn’s fintech consultants will analyze your current system and advise you on on fintech services and how to apply different solutions based on your budget, business plan and tech capabilities of your team.
Once you identify your problem, find a fintech consulting company with specific domain experience in your domain.
Depending on the size of your company, you can use Blockchain in many different ways. We advise our fintech clients to use it for security, sales and trading, tokenization, domestic retail payments, credit scoring and predictions, insurance and many other uses.
If you want to build a fintech solution, the first thing we advise you to do is find a specific niche or particular problem of the industry you want to solve. Then, create a list of requirements and features you want to include.
Usng machine learning and artificial intelligence, we can help you create a system ready to analyze thousands of transactions per second to flag any problematic behaviour. With a list of potentially problematic transactions, you can later employ your team to check them and keep your clients secure.
Using open APIs can prove to be most cost efficient and time saving as ti allows businesses to focus on providing high-level services for customers while reducing the need to invest in additional tools. Our consultants will analyze your system and provide you with the right information on how to optimize your system.
If you want to use biometric to additionally secure prepaid cards, we can help you set up biometrics in your payment system. Users will use their biometric information instead of pin to keep their financial information protected.
Since 2010 Softjourn team has been maintaining the processing system which is a core of our business; they’ve done a great job so far! We value the knowledge transfer process as well as excellent development skills!
Business Development Director at UPC
Founder at PEX
Founder & CEO at Card Tent
Softjourn really helped us grow to the next phase, and provided the stability for the transition to 2.0. I really enjoyed working with Softjourn, and am excited to keep on working with them.