AI-Driven Approaches for Test Data Generation in FinTech Applications: Enhancing Software Quality and Reliability

Authors

  • Amsa Selvaraj Amtech Analytics, USA Author
  • Munivel Devan Compunnel Inc, USA Author
  • Kumaran Thirunavukkarasu Novartis, USA Author

Keywords:

FinTech applications, AI-driven testing

Abstract

The financial technology (FinTech) sector has witnessed exponential growth in recent years, driven by the increasing adoption of mobile and internet-based financial services. As FinTech applications become more complex and handle sensitive financial data, ensuring their software quality and reliability is paramount. Traditional test data generation methods, often manual or semi-automated, struggle to keep pace with the evolving nature of FinTech applications. This limitation can lead to inadequate test coverage, exposing vulnerabilities and potentially causing financial losses or reputational damage.

This paper explores the transformative potential of Artificial Intelligence (AI)-driven approaches for test data generation in FinTech applications. By leveraging machine learning algorithms and innovative techniques, AI can automate the generation of realistic and diverse test data, significantly enhancing the effectiveness of software testing.

The paper delves into various AI-driven methods for test data generation. One prominent approach utilizes generative models, particularly deep learning architectures like Generative Adversarial Networks (GANs) and Variational Autoencoders (VAEs). These models can be trained on historical financial data to learn the underlying patterns and relationships. Subsequently, they can generate synthetic test data that closely resembles real-world scenarios, encompassing valid transactions, edge cases, and potential anomalies. This allows for comprehensive testing, uncovering hidden bugs and ensuring the robustness of FinTech applications under diverse conditions.

Another approach involves employing reinforcement learning techniques. Here, an AI agent interacts with the FinTech application under test, continuously learning and adapting its actions to explore different functionalities and edge cases. This method can be particularly effective in uncovering unexpected user interactions or system behavior, leading to the identification of critical bugs that might be missed by traditional testing methods.

Furthermore, AI can be harnessed for data mutation testing. This technique involves intelligently modifying existing test data to create new test cases that explore variations in user input, system configurations, and data types. Mutation testing powered by AI can be highly efficient in identifying corner cases and data-related vulnerabilities that could potentially lead to system crashes or unexpected behavior.

The paper also examines the integration of AI with existing software testing frameworks. By analyzing logs, code structure, and user behavior patterns, AI can dynamically generate test data tailored to specific functionalities and user scenarios. This targeted approach optimizes testing efforts by focusing on areas most susceptible to errors, leading to a more efficient and effective testing process.

A crucial aspect of AI-driven test data generation is ensuring data privacy and security. The paper discusses techniques for data anonymization and synthetic data generation that preserve data integrity while protecting sensitive financial information. Additionally, the paper addresses challenges associated with implementing AI-driven testing solutions in FinTech environments. These challenges include the need for robust training data sets, computational resource requirements, and the interpretability of AI-generated test data.

To evaluate the efficacy of AI-driven approaches, the paper proposes a research methodology that involves implementing and comparing different AI-based test data generation techniques on real-world FinTech applications. The paper outlines metrics for measuring the effectiveness of testing, such as test coverage, bug detection rates, and reduction in software defects. By conducting rigorous empirical evaluations, the paper aims to quantify the benefits of AI-driven testing in enhancing the software quality and reliability of FinTech applications.

The paper presents a compelling argument for the adoption of AI-driven approaches for test data generation in FinTech applications. By automating the creation of realistic, diverse, and targeted test data, AI empowers testers to achieve comprehensive test coverage and identify critical defects that might escape traditional methods. This fosters the development of more robust and reliable FinTech applications, safeguarding financial data and fostering trust within the financial ecosystem. As AI technology continues to evolve, its integration with software testing holds immense promise for the future of FinTech innovation.

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Published

07-03-2024

How to Cite

[1]
Amsa Selvaraj, Munivel Devan, and Kumaran Thirunavukkarasu, “AI-Driven Approaches for Test Data Generation in FinTech Applications: Enhancing Software Quality and Reliability ”, J. of Artificial Int. Research and App., vol. 4, no. 1, pp. 397–429, Mar. 2024, Accessed: Dec. 23, 2024. [Online]. Available: https://aimlstudies.co.uk/index.php/jaira/article/view/159

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