Case Study: Bancstac

Client Overview

Bancstac is a financial technology company that provides digital payment infrastructure for banks and financial institutions.

The platform acts as a payment gateway, aggregator, and transaction processor, enabling banks to securely process digital financial transactions.

The system supports major financial institutions including:

• Hatton National Bank
• Sampath Bank
• Nations Trust Bank

and collaborates with global payment partners such as:

• American Express
• UnionPay International
• Alipay+

Business Challenge

The client required a centralized monitoring dashboard capable of managing massive transaction volumes across multiple banking institutions.

Key challenges included:

• Handling high-frequency financial transaction data
• Ensuring accuracy in settlement and refund processing
• Providing secure, real-time dashboards for banking operations
• Delivering clear visualization of complex financial datasets

NSC Solution

NSC assigned a team of engineers to develop the core user interface and data visualization layer for the platform.

The system enables banks to:

• Monitor transaction flows
• Manage settlements and refunds
• Track payment processing performance
• Generate financial reports for operational decision-making

Advanced dashboards were designed to present large volumes of banking data in an accessible and actionable format.

Technology Stack

• Java
• Spring/Spring Boot
• Spring Data/JDBC
• Maven
• RabbitMQ
• MySQL
• Elasticsearch/Kibana
• AWS
• GCP
• Jenkins
• Nodejs
• React/Redux
• Nextjs
• Java 8+, Spring Framework,
• Microservice

Business Impact

The platform now enables financial institutions to:

• Reduce operational errors in transaction settlement
• Improve financial reporting accuracy
• Enhance visibility into payment infrastructure performance

The system plays a critical role in supporting digital financial services within Sri Lanka’s banking ecosystem.