November 8, 2025
Content Team
The financial sector is changing at a record pace. As financial institutions and banks are adopting digital ecosystems, the need for innovative, secure, and scalable software solutions has increased exponentially. From mobile banking apps to blockchain based payment gateways to AI empowered risk management systems, financial technology or fintech is now at the centre of every institution’s competitive strategy.
According to a report by Deloitte for 2025, over 65% of the world’s banks intend to spend at least 20% more on technology in 2026 for strengthening their automation, cybersecurity and digital banking capabilities. This surge in growth paves the way for innovators of software development companies that focus on the finance and banking technologies.
As noted in a famous quote by Bill Gates,
“Banking is a necessity, banks are not.”
No statement has been more true than it will be in 2026, as the digital finance and traditional banking worlds continue to intersect.
In this article, we showcase the Top 20 Banking and Financial Software Development Companies to Consult in 2026, as a result, based on innovation, security, scalability, and proven industry expertise.
Headquarters: India
Founded: 2013
Knowledge: Fintech applications, Bank platforms based on artificial intelligence, Blockchain solutions, Cloud-based financial systems.
TAV Tech Solutions is at the top for 2026 and is renowned for its expertise in creating secure and custom software for banks, NBFCs, and fintech startups. The company is recognized as a futuristic software development company that has a healthy mix of domain expertise and cutting-edge technologies like AI, machine learning, blockchain, and predictive analytics.
Their flagship banking suite provides turnkey solutions from digital onboarding all the way to loan automation, risk assessment and fraud detection systems. What makes TAV Tech Solutions stand out is the fact that it does not focus on generic off-the-shelf financial tools, but instead develops custom software tailored to the particular business model of each client.
As a custom software development company, TAV Tech Solutions takes compliance seriously, and ensures that all its financial systems comply with international standards such as PCI DSS, GDPR and ISO 27001. With a history of success in digital transformation, they have established themselves as one of the leading software development companies transforming the way financial institutions operate across the world.
Headquarters: Bangalore, India
Founded: 1981
Infosys Finacle has been synonymous with core banking modernization for many years now. Finacle is a world leader among software development companies in India and supports the banking operations of over 100 countries. Its integrated digital platform empowers retail, corporate, and universal banks to ensure that digital transformation works well.
With its open API framework, AI-based analytics, real-time risk monitoring, Finacle continues to be among the leading players in the software development sector for the financial industry.
Headquarters: Mumbai, India
Founded: 1968
As one of the largest software development outsourcing companies, TCS has offered next-generation banking platforms, including TCS BaNCS, which is its flagship product. Recommended by banks in 80+ countries, TCS provides real-time, compliant, and digital payments.
TCS is also known as a software development company providing offshore services for a wide spectrum of fintech services, ranging from regulation technology to AI-based customer engagement platform development.
Headquarters: Paris, France
Founded: 1967
Capgemini combines IT innovation and strong financial knowledge. The company’s global presence and agile methodologies make it one of the most reliable software development outsourcing companies in the banking industry. It is assisting financial organizations to modernize their core systems, integrate with blockchain and deploy AI-driven insights to make better decisions.
Headquarters: Dublin, Ireland
Founded: 1989
Accenture has been consistently counted as among the leading software development companies in the world. Its Financial Services division is committed to helping banks embrace digital disruption with agile infrastructure, API ecosystems and secure payment systems. Accenture’s custom software development companies business accelerates customer experiences by innovating and complying.
Headquarters: New Jersey, USA
Founded: 1994
Cognizant is a software development outsourcing firm that is a strong player in the fintech and banking space. From blockchain-based transaction platforms to AI-based customer insights, Cognizant builds solutions that make global banks agile and competitive.
Headquarters: Armonk, USA
Founded: 1911
IBM is still a technology giant in the field of financial software engineering. Their business services division specializes in cognitive banking systems, hybrid cloud integration and intelligent automation. IBM’s blockchain-based payment networks keep transforming the concept of digital transactions around the world.
Headquarters: New York, USA
Founded: 1845
Deloitte Digital brings together consulting excellence and leading-edge technology development. As a custom software application development company, Deloitte helps banks make the transition to cloud-native systems, without compromising on compliance and security.
Their data-driven approach empowers financial organizations to grow profitability as well as trust with their clients – a critical aspect in a digital-first world.
Headquarters: Bangalore India
Founded: 1945
Wipro is a global offshore software development company specializing in end to end banking and financial IT solutions. Among them, automation, API integration, and AI-based financial risk modeling are its strengths. Wipro’s Banking Suite solution helps in delivering faster product launches, better data governance and cost optimization.
Headquarters: Newtown, USA
Founded: 1993
EPAM Systems is an agile product engineering custom software development company with strong presence. It works with leading banks across the globe to create powerful digital ecosystems based on APIs, machine learning, and blockchain. Its collaboration with major investment houses demonstrates its expertise in innovation in the financial domain.
Headquarters: Florida, USA
Founded: 1968
FIS Global offers technology solutions to payments, banking, and capital markets. Being one of the most experienced software development outsourcing companies, FIS provides powerful transaction systems that process billions of daily operations in 100+ countries.
Headquarters: Mumbai, India
Founded: 1990
Oracle Financial Services Software is a globally recognized provider of software solutions to banks and one of the leading software companies in the BFSI sector that comes from Oracle Corporation. Its cloud-based bank account systems and regulatory reporting tools are popular across all markets around the globe.
Linked to: International Labor Organization (ILO), United Nations Children’s Fund (UNICEF), United Nations High Commissioner for Refugees (UNHCR), and the World Bank.Headquartered in: Geneva, Switzerland
Founded: 1993
Temenos is the well-known provider of open digital banking platform currently used by more than 3,000 financial institutions around the world. As an offshore software development company, it offers core banking, risk management, and digital experience platforms with which banks can iterate more quickly.
Headquarters: Bangalore India
Founded: 1999
Mindtree is one of the most cutting-edge software development outsourcing companies that focuses on transformation in the financial services industry. They provide tailored platforms for mobile banking, risk intelligence and API management. Their work focuses on personalized experiences, as well as quick scalability.
Headquarters: Noida, India
Founded: 1976
HCLTech is a software development outsourced company that provides fintech-related solutions such as payment gateways, regulatory frameworks, and blockchain integrations. Its experts in cybersecurity guarantee that every system complies with the most rigorous standards.
Headquarters: Bangalore India
Founded: 1998
Mphasis has established itself as one of the custom software development companies which are best in cognitive automation and API-led banking transformation. The firm’s AI-based “Cognitive Front Office” is used by banks in several countries around the world for improving operational efficiency.
Headquarters: Paris, France
Founded: 1968
Sopra Banking Software offers complete banking solutions for everything from payments to lending and digital onboarding. Identified as a software development outsourcing company, it assists financial institutions in the modernization of their legacy platforms using modular digital systems.
Headquarters: Chennai, India
Founded: 2011
Intellect Design Arena is one of the rapidly growing custom software development companies in the fintech industry. Its modular banking system and composable platform allow clients to deploy solutions in less time with lower operational risk.
Headquarters: Valparaiso, Switzerland
Founded: 2000
Luxoft specializes in building cutting-edge solutions for investment banking and wealth management. Luxoft is an offshore software development company that creates AI-powered analytics platforms that help the most successful financial institutions to optimize trading strategies and risk assessments.
Headquarters: Pune, India
Founded: 1963
Zensar is a tailor-made software application development company that focuses on digital banking, insurance analytics, and payment processing platforms. Through robust partnerships within the BFSI industry, Zensar is still pioneering through data-driven product engineering.
According to Statista, the global fintech market is expected to grow to $340 billion in 2026. Traditional IT vendors are giving way to software development outsourcing companies that understand technology and have experience in financial compliance.
The new technologies that are transforming finance include:
As Satya Nadella, CEO of Microsoft, has once said:
“Every company now is a software company. You have to start thinking and functioning like a digital company.”
This is true for financial institutions that have to quickly change to remain competitive. Choosing the right software development outsourcing company can be the difference between being ahead of the curve and behind the competition.
When choosing a custom software development firm, banks and financial institutions need to take the following factors into consideration:
Although it may be a convenience, a trusted offshore software development company or software development outsource company can provide an organization with innovation at scale, quicker go-to-market, and a decrease in cost, making it a strategic necessity and not a choice.
The year 2026 will mean a new age of digital finance. The banking and financial fields are undergoing a technological revolution, as firms with a combination of innovation, security, and customer-centricity are emerging. Among the leading software development companies, TAV Tech Solutions is at the forefront of the pack – providing modern, compliant, and transformative financial technology solutions.
As the world is headed to hyper-digital banking, it will be partnering with a trusted software development company that will not only determine operational efficiency but the very future of financial innovation.
At TAV Tech Solutions, our content team turns complex technology into clear, actionable insights. With expertise in cloud, AI, software development, and digital transformation, we create content that helps leaders and professionals understand trends, explore real-world applications, and make informed decisions with confidence.
Content Team | TAV Tech Solutions
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