In fintech application mobile apps or the web, deploying new features in areas like loan applications requires careful validation. Traditional testing with real user data, especially personally identifiable information (PII), presents significant challenges. Synthetic transactions offer a solution, enabling the thorough testing of new functionalities in a secure and controlled environment without compromising sensitive data.
By simulating realistic user interactions within the application, synthetic transactions enable developers and QA teams to identify potential issues in a controlled environment. Synthetic transactions help in ensuring that every aspect of a financial application functions correctly after any major updates or new features are rolled out. In this article, we delve into one of the approaches for using synthetic transactions.
