Banking Software Development Cost in 2025: What CFOs Need to Know

Banking Software Development Cost in 2025: What CFOs Need to Know

Blog Article

Modern banking software development costs reflect increased cybersecurity demands and API-first architectures. Core system modernization projects average $500K-$5M, while customer-facing mobile banking apps cost $150K-$800K. The 2025 landscape introduces new expense factors like quantum-resistant encryption and real-time fraud detection systems. This analysis provides financial executives with accurate budgeting frameworks for digital transformation initiatives, comparing in-house development versus fintech partnership models in today's regulated environment.