Industry Guide
Building Fintech Software: Compliance & Technical Requirements
Fintech software handles money. Compliance (PCI-DSS, SOC 2, licensing) and security are non-negotiable. Here's what you need to build and launch.
Table of Contents
Compliance
PCI-DSS if you handle cards. SOC 2 for enterprise sales. Licensing (money transmitter, etc.) varies by jurisdiction. Plan early — compliance takes months.
Security
- Encryption at rest and in transit
- Audit logs for all financial transactions
- MFA for admin and sensitive actions
- Penetration testing before launch
Technical Requirements
Idempotency for payments. Reconciliation. Use Stripe, Plaid, or banking APIs — don't build from scratch. See our Fintech case study.
Frequently Asked Questions
Do we need a license to build fintech?
Depends. If you're a facilitator (Stripe handles money), maybe not. If you hold funds, likely yes. Consult a fintech lawyer early.