India matters to this software in two ways. Many of the world's core banking companies, like Fiserv, FIS, Temenos and Finastra, build their products in large engineering centres here. And India's own public systems, like UPI and the account aggregator that lets a person share bank data with a lender, have Indian companies such as Setu building on them, while Indian banks issue cards and watch for fraud on platforms from Indian companies such as CARD91 and Clari5.
For an engineer, banking work trades speed for certainty. A core banking system cannot lose a rupee or post a transaction twice, much of the code it runs on is decades old and still in service, and every change has to satisfy auditors and the Reserve Bank of India as well as customers.
Banking and regtech is one of the Industry Verticals of
The Market Segments follow what a bank must do, keep the accounts, stop crime and satisfy the regulator, and talk to its customers.
The system that keeps every account, the digital bank built on it, and the card and ledger platforms that let a fintech launch an account quickly come from companies like Fiserv, FIS, Temenos, Pismo and Setu.
The checks on every customer and payment for fraud, money laundering and sanctions, and the reports a bank sends its regulator, are built by companies like Clari5, Tookitaki, Flagright, Regnology and Gresham.
The cash machine, the AI agents that answer a bank's customers and the reminder call when a loan is overdue come from companies like NCR Atleos, interface.ai, Eltropy, Skit.ai and Resollect.
What banking and regtech companies hire software engineers for, and which roles they hire, is on