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⍰ ASK Why is the Software Development Life Cycle (SDLC) considered a vital process in a standard EMI?

In a standard Electronic Money Institution (EMI), the reliable Software Development Life Cycle (SDLC) is a vital process. Beginning with integrating security in needs and blueprint, developers stick to secure programming methods. Extensive testing, encompassing fixed and variable analysis, ensures strong security. Implementation follows secure methods, and continuous upkeep involves surveillance, enhancements, and patching. This inclusive approach, aligning with top-notch industry methods, ensures the security of software systems within the broader context of EMIs and their dedication to protecting financial transactions.
 

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