Generative AI Development built for Banking companies
What is Generative AI Development?
We turn generative AI from a flashy demo into a feature your customers depend on. For Banking companies, this means navigating Basel III, PSD2 (EU) while shipping fast.
Who needs Generative AI Development for Banking?
- Core banking systems resistant to modernization
- Real-time payment processing requirements
- Open banking API integration complexity
- Generative AI demos that impress but never ship
- Hallucinations undermining user trust in AI features
Best Generative AI Development company
Core banking software has to modernize without ever putting customer deposits or trust at risk.
From Kathmandu, our team delivers Generative AI Development for Banking businesses across with real timezone overlap.
See how GarudLabs can deliver Generative AI Development for your team
Book a free 30-minute discovery callThe Generative AI Development challenges unique to Banking in
- Core banking systems resistant to modernization
- Real-time payment processing requirements
- Open banking API integration complexity
- Fraud detection across digital channels
- Regulatory reporting across jurisdictions
How we de-risk Generative AI Development for Banking teams in
LLM application architecture and prompt engineering
Retrieval-augmented generation (RAG) pipeline
Output evaluation and guardrail framework
Cost monitoring and model routing setup
Fine-tuning pipeline for domain-specific tasks
Core Technology Stack
OpenAI APIAnthropic APILangChainLlamaIndexPineconePythonFastAPI
Timeline, investment & compliance
Typical timeline
6-14 weeks
Typical investment
$25,000 - $160,000
Generative AI Development engagements in this combination typically need to account for:
- Basel III
- PSD2 (EU)
- Dodd-Frank (US)
- AML/KYC regulations
Proven Results
"We helped a digital bank reduce account opening time from days to under 10 minutes with a custom onboarding flow."
Read the full case studySee how GarudLabs can deliver Generative AI Development for your team
Get a free project cost estimateFrequently Asked Questions
Most Generative AI Development engagements take 6-14 weeks, depending on scope and how clear the requirements are upfront. We'll give you a firm timeline estimate after a short discovery call, not a generic range.
Generative AI Development projects with us typically range from $20,000 - $160,000, scaled to the complexity of your requirements. We provide a detailed, itemized estimate before any work begins so there are no surprises mid-project.
For generative ai development, we typically work with OpenAI API, Anthropic API, LangChain, LlamaIndex, chosen based on your specific scalability and integration requirements. We're not tied to a single stack and will recommend the right tools for your situation rather than our default.
A typical generative ai development engagement includes llm application architecture and prompt engineering, along with the other deliverables outlined in our proposal, such as documentation and a post-launch support window. The exact scope is tailored to your project during discovery.
Most clients come to us for generative ai development because of generative ai demos that impress but never ship, among other related challenges. We start every engagement by mapping your specific pain points before writing a single line of code.
We've delivered multiple banking projects addressing challenges like core banking systems resistant to modernization. We helped a digital bank reduce account opening time from days to under 10 minutes with a custom onboarding flow.
For banking clients, we pay close attention to Basel III, PSD2 (EU), building these requirements into the architecture from day one rather than retrofitting them later. We'll confirm which specific regulations apply to your business during discovery.
The most common challenges we solve for banking clients include core banking systems resistant to modernization and real-time payment processing requirements. We tailor our discovery process to surface the specific version of these problems your business faces.