In-house banking software development teams cost 40-60% more than outsourced solutions in 2025 when factoring in salaries, benefits, and infrastructure. However, outsourcing requires careful vendor selection to ensure security and compliance standards are met. Many banks are adopting hybrid models, keeping core systems in-house while outsourcing customer-facing application development. https://www.sunrisetechs.com/a-complete-guide-to-the-software-development-cost-in-2025/