Blog on Dashdevs. sci-tech crew.

9 Best Stablecoin API Providers for Fintechs in 2026

Wed, 28 Oct 2026 16:00:00 +0000

Open any list of the best stablecoin API providers and check who wrote it. The author is almost always ranked #1. Funny how that works.

We build stablecoin products for licensed fintechs and don’t sell an API of our own. So this ranking groups providers by the job you need done and shows what each one costs you in integration work and lock-in.

What is a stablecoin API?

A stablecoin API is a set of HTTP endpoints that lets your product mint, hold, move or convert digital dollars without running blockchain nodes or a crypto compliance program yourself.

How to Compare the 10 Best Open Banking API Providers for Fintechs

Wed, 28 Oct 2026 12:00:00 +0000

Open banking has moved from a regulatory experiment to critical financial infrastructure. If you’re shortlisting open banking API providers today, the market looks very different from two years ago: VRPs are live in the UK, PSD3 is agreed in principle in Europe, and the US is rewriting its data-access rules mid-cycle.

The question is which provider gives you the right coverage, compliance posture, and uptime guarantees for where you’re building.

Scaling a Fintech in MENA? 4 Lessons from Money20/20 Middle East 2026

Wed, 28 Oct 2026 08:00:00 +0000

Riyadh was loud this year. Our Fintech Garden team spent Money20/20 Middle East 2026 recording interviews on the show floor, a few minutes at a time, with people who build the region’s payment rails. You can find keynote recaps anywhere. What you will not find is how these operators answer when the slides are gone. Here are four voices worth your time if you run or build a fintech in MENA: Nasser Saleh, Igor Tomych, Benjamin Fernandes, and Remo Giovanni Abbondandolo.

The Importance of Big Data in Business: 8 Proven Benefits

Tue, 27 Oct 2026 16:00:00 +0000

The global big data analytics market reached $394.70 billion in 2025 and is projected to grow to $447.68 billion in 2026, per Fortune Business Insights. Yet nearly 90% of enterprise data goes unused. This is a strategy problem.

CTOs and product leaders at mid-size fintechs face a direct question: will big data in business investment pay back in revenue, efficiency, and risk reduction? This guide answers that with evidence. Every benefit is tied to a real outcome. The cons are covered honestly.

Best Software for Investment Portfolio Management: A Guide for Fintechs and RIAs

Tue, 27 Oct 2026 12:00:00 +0000

Most fintech product teams and RIA operations leaders arrive at this the same way: they have outgrown spreadsheets, evaluated three or four off-the-shelf platforms, and found that none quite fits — too rigid for their client experience, too expensive to integrate, or too limited for the asset classes they actually manage.

This is not a technology procurement problem. It is a product architecture problem dressed up as one. The right software for investment portfolio management depends on what you are building, who you are serving, and where compliance risk lives in your stack.

7 Best Anti-Money Laundering Software Picks for Banks in 2026

Tue, 27 Oct 2026 08:00:00 +0000

Most banks end up replacing their AML platform within three years. That usually happens because the platform that looked right in a demo didn’t fit the actual data, the actual core, or the actual regulatory environment.

It is not about a shortage of AML software vendors. The real problem is that most banks select platforms based on feature lists and analyst reports, then discover in production that alert volumes are unmanageable, API connectors require custom builds, and the model can’t explain its decisions to a regulator.

Best BNPL Companies: A Practical Guide for Fintech Teams in 2026

Mon, 26 Oct 2026 16:00:00 +0000

Merchants adding BNPL at checkout see an average order value lift of 20–40% and measurable gains in checkout conversion. That outcome is well-documented. The harder question is which provider actually delivers it for your product and what it costs you to find out.

The best BNPL companies in 2026 are not interchangeable. They differ on geography, merchant fee structures, credit risk models, soft credit inquiry thresholds, and regulatory readiness. For fintech teams building embedded lending into a platform or selecting the right checkout financing layer, these differences compound quickly.

Best Chargeback Management Software: Top 10 Picks for 2026

Mon, 26 Oct 2026 12:00:00 +0000

Chargeback management is the set of tools, workflows, and processes that payment businesses use to prevent disputes from forming, respond to them when they do, and recover revenue lost to illegitimate claims. Done well, it protects card network standing, reduces operational overhead, and turns dispute data into a signal for product and risk improvements. Done poorly, it costs more than the chargebacks themselves.

This guide is written for product, risk, and payments leads at PSPs, PayFacs, card issuers, and high-volume merchants evaluating chargeback or dispute management software. You will get a vendor-neutral comparison of the 10 best chargeback management software options available in 2026, a clear explanation of the layer each one occupies, a build-vs-buy framework for payment businesses with engineering capacity, and the questions that matter when shortlisting.

10 Top Fintech App Development Companies to Consider in 2026

Mon, 26 Oct 2026 08:00:00 +0000

Choosing among fintech app development companies in 2026 is a product and risk decision, not a beauty contest of portfolio screenshots. Fintech apps sit on ledgers, payment rails, KYC/AML stacks, and audit trails. The wrong partner ships a polished interface that fails its first compliance review — or stalls the moment you add a second provider.

This guide shortlists 10 top fintech app development companies to consider if you are building digital banking, digital wallets, payments, or other financial applications. DashDevs sits first as a fintech-specialist engineering partner. The other nine are global corporations and mega systems integrators — Accenture, IBM, Capgemini, Deloitte, Cognizant, TCS, Infosys, NTT DATA, and DXC — useful when your buyer profile is bank-scale transformation rather than a regulated MVP race. We do not shortlist mid-market engineering boutiques that compete for the same product builds as DashDevs.

7 Best Cross-Chain Fallback Providers for Reliable Crypto Payments in 2026

Sun, 25 Oct 2026 16:00:00 +0000

A single crypto bridge is fine until it isn’t. Liquidity dries up on your corridor, gas spikes, a validator set stalls, or a route that looked cheap yesterday returns a quote your customers will abandon. That is the moment cross-chain fallback providers stop being optional plumbing and become the difference between a completed payment and a support ticket.

This guide is for product and engineering leaders building cross-chain payments, stablecoin payouts, or multi-chain wallets who need reliable crypto payment infrastructure — not a one-bridge demo. It compares seven cross-chain fallback solutions that teams actually use for payment failover and redundancy in 2026, and it shows how to wire them into production next to fiat rails and compliance.

Marqeta Alternatives: Top 10 Competitors Compared 2026

Sun, 25 Oct 2026 12:00:00 +0000

Most card issuing platforms get chosen for the wrong reason: speed to market. That decision holds until the program scales, hits a geographic wall, or needs features the architecture was never built for. Card programs don’t stand still.

This guide is for fintech product managers and engineering leads who need an honest shortlist of Marqeta competitors in 2026 — what each platform actually does, where it fits, and what migration looks like in practice.

5 Digital Transformation Challenges in Banking and How to Solve Them

Sun, 25 Oct 2026 08:00:00 +0000

Most banks planning digital transformation in banking already know the risks of standing still. What they underestimate is how intertwined the blockers are: a legacy core that won’t integrate cleanly, a compliance mandate that depends on data you can’t consolidate, and a board that wants ROI proof before committing to scale.

This guide is for CTOs, COOs, and Heads of Digital driving digital transformation in banking industry organizations. It pairs each of the core challenges of digital transformation in banking with a concrete fix and a step-by-step modernization roadmap.

Best Payment Processing Companies in 2026: How to Compare and Choose

Sat, 24 Oct 2026 16:00:00 +0000

Picking among the best payment processing companies is a commercial and architecture decision, not a logo contest. Fees matter. So do settlement timing, payment methods, PCI DSS scope, and whether the vendor can grow with you into new corridors.

This guide compares top payment processing companies for 2026 for founders, CTOs, and payments leads at ecommerce brands, SaaS products, marketplaces, and fintechs. You will get a side-by-side shortlist, a scorecard, and the questions that separate a workable partner from a demo that fails under volume. The goal is a practical shortlist of payment processing companies you can diligence in one week — not another endless vendor grid.

Best Crypto On-Ramp and Off-Ramp Providers in 2026

Sat, 24 Oct 2026 12:00:00 +0000

If your product needs to move users between fiat and crypto, you already know the pain. One provider drops your region, another buries you in KYC friction, a third quietly raises fees after you have shipped. Here is a clear-eyed comparison of the best crypto on-ramp and off-ramp providers 2026 has on offer, built for people who actually have to choose one.

Quick answer: for a compliance-first white-label on-ramp, Transak and Banxa lead the pack. For fast wallet integration, Ramp Network. For a US-based consumer-trusted off-ramp, Coinbase and Kraken. For fintechs building embedded rails, look at a crypto on-ramp API rather than a hosted widget. The full breakdown, including a side-by-side table, is below.

Top Neobanks in 2026: The Best Digital Banks Compared

Sat, 24 Oct 2026 08:00:00 +0000

Picking a neobank to study is not the same as understanding one. Every founder entering digital banking has a version of the same conversation. Which neobanks actually made money? How did they get there? What does that mean for what you are building?

The answer is not in the feature list. It is in the license structure, the revenue model, and the infrastructure choices made years before the product shipped. A BaaS-model neobank carries a fundamentally different economic and risk profile than one with its own banking license. That distinction shapes what you can build, what you can charge, and what happens when a partner bank fails.

7 Best Digital Banking Solutions and Providers in 2026

Fri, 23 Oct 2026 16:00:00 +0000

Banks and fintech product teams do not shortlist digital banking solutions the way they shortlist a single checkout widget. They are choosing how account holders open products, move money, talk to the institution, and stay compliant — across online banking and mobile channels — while the ledger and partner rails stay coherent behind the scenes. Production-grade digital banking solutions also have to serve relationship managers and ops teams, not only the customer app.

Best White-Label Payment Gateway Providers: Compare Solutions 2026

Fri, 23 Oct 2026 12:00:00 +0000

Choosing a white-label payment gateway provider is an infrastructure and commercial decision, not a theme-color exercise. Fintechs, PSPs, financial institutions, and payment businesses shortlist partners when they need branded checkout experiences, merchant relationships under their name, and payments infrastructure that can grow across methods and markets—without rebuilding scheme connectivity from zero.

This guide compares how leading white-label payment gateway providers are packaged, which licensing models you are actually buying, and the selection criteria that separate a workable platform from a demo that fails in production. User experience at checkout and in the merchant portal is part of that scorecard. For how white-label infrastructure, partners, and costs work before you shortlist logos, see the companion infrastructure guide.

Hire Dedicated Fintech Developers: 2026 Cost & Vetting Guide

Fri, 23 Oct 2026 10:00:00 +0000

The right answer on hiring a specific fintech team model depends on one thing: whether the team you hire has actually shipped regulated financial products before. This guide gives you the model comparison, vetting scorecard, and real cost breakdown. It is written for CTOs and founders at Series A to C fintechs, licensed banks adding product lines, and seed-stage teams deciding whether to build in-house or partner out.

Which Hiring Model Fits Your Situation?

Most decisions about where to find fintech developers for hire come down to four variables: speed, cost, control, and who owns compliance when something goes wrong. The table below maps each model to those variables and to the specific situation where it wins.

Top Sustainable Fintech Companies Leading Green Change in 2026

Fri, 23 Oct 2026 08:00:00 +0000

A challenger bank claims its debit card is “carbon neutral.” A payments API says it funds reforestation with every transaction. Both statements sound similar, but only one may hold up under an ESG audit.

That distinction is why green finance companies matter more than general claims about being “green.” Businesses evaluating a banking partner, an investment platform, or a payment processor need to know which providers back sustainability claims with a specific financial mechanism, not just a marketing page.

Blockchain Consulting Companies in 2026: How to Choose a Strategy Partner

Thu, 22 Oct 2026 16:00:00 +0000

Picking among blockchain consulting companies in 2026 is a board-level architecture decision—not a search for who can run the most enthusiastic “blockchain 101” workshop. Buyers comparing strategy partners need firms that can kill bad pilots early, map compliance before spend, and leave you with an operating model finance and risk will own.

This guide leads with selection criteria, then profiles the top blockchain consulting companies across fintech specialists, Big Four risk practices, global SIs, and crypto-native advisors. Treat rankings as a map. The checklist is the decision tool.

Card Issuing Platforms in 2026: Top Providers Compared

Thu, 22 Oct 2026 12:00:00 +0000

Card issuance is no longer limited to traditional banks. Product teams across fintech, SaaS, and marketplaces now evaluate card issuing platforms the way they evaluate any core payment dependency: by corridor fit, API quality, compliance depth, and unit economics.

With issuer tooling behind the product, companies can issue branded payment cards for closed-loop spend, employee expense management, payouts, or consumer banking. The same stack often powers embedded finance experiences—where the card is the spend surface, not the whole product. Modern card issuing platforms also have to support virtual and physical cards, tokenization into Apple Pay and Google Pay, and clear program controls.

Top 10 Blockchain Development Companies in 2026: How to Choose the Right Partner

Thu, 22 Oct 2026 08:00:00 +0000

Picking among the top blockchain development companies in 2026 is a procurement decision under compliance pressure — not a search for who can spin up the flashiest demo wallet. Buyers comparing smart contracts, DeFi, and enterprise Web3 need partners who have shipped production systems, survived audits, and stayed after launch.

This guide leads with selection criteria, then profiles ten partners across fintech specialists, enterprise SIs, protocol leaders, and security firms. DashDevs is listed first for regulated crypto–fiat and custody-aware delivery — the lane where blockchain meets production money movement. The rest of the list favors complementary tiers (global consultancies, Ethereum ecosystem leaders, and security specialists) rather than lookalike boutique agencies. If you are comparing top blockchain development companies for a regulated product, treat the criteria section as mandatory reading before the rankings.

How to Evaluate Mobile App Outsourcing Partners for Fintech Products

Wed, 21 Oct 2026 16:00:00 +0000

You already decided to outsource. The harder job is choosing a mobile app outsourcing company you can trust with a business-critical mobile product—especially if that product touches payments, identity, or regulated data.

This guide helps founders, CTOs, and product leads evaluate mobile app development outsourcing companies as long-term collaborators, not as interchangeable vendors on a rate-card spreadsheet. The goal is a confident decision framework: which engagement model fits your stage, what separates reliable partners from risky ones, and which signals matter after the kickoff call—not only during sales demos.

Best KYC Solution Providers in 2026: A Vendor Guide for Fintech and Neobank Teams

Wed, 21 Oct 2026 12:00:00 +0000

If you are a CTO, CPO, or senior engineer shortlisting kyc solution providers, you already know what KYC is. The harder question is which vendor fits your stack, your corridors, your onboarding UX, and your engineering capacity — without shipping a flow that kills conversion or locks you into rework six months later. This guide is a top kyc solution providers comparison built from integration work — not a recycled vendor marketing roundup.

Merchant Acquiring for Ecommerce: How the Acquiring Layer Actually Works

Wed, 21 Oct 2026 10:00:00 +0000

Merchant acquiring is the licensed financial service that holds your merchant contract, routes card transactions through Visa and Mastercard, and settles money into your account. The acquirer is the entity that actually carries the risk and determines your cost structure. This article covers how acquirers earn, what drives fees inside the discount rate, and how to choose between a direct acquirer, PSP, PayFac, and multi-acquirer setup.

Which model fits your business?

Your situation	Start here
Early-stage, sub-$1M GMV	PSP / aggregator
Platform with sub-merchant payouts	PayFac
High-risk vertical	Specialist acquirer
High-volume SaaS or subscription	Direct acquirer + IC+
Multi-region, 8-figure+ GMV	Multi-acquirer orchestration

The full breakdown with decision criteria is at the end of this article.

Best Online Banking Platforms in 2026: A Buyer's Guide for Banks and Fintechs

Wed, 21 Oct 2026 08:00:00 +0000

Search results for the best online banking platforms split into two audiences: consumers hunting for Ally, Axos, or SoFi — and institutions evaluating digital banking platforms like Backbase, Temenos, or Q2. This guide is written for the second group. If you are a bank digital lead, fintech CEO, or product owner comparing online banking platform providers and online banking solution providers for a licensed or sponsor-bank program, you need an architectural buyer’s guide — not a retail bank ranking.

What the Best Mobile Banking Apps Get Right — and What It Takes to Build One

Tue, 20 Oct 2026 16:00:00 +0000

Consumer listicles tell people where to open an account. This article is written for a different audience: founders, product leads, and CTOs who need to understand what the best mobile banking apps actually do — technically and operationally — in order to build something competitive.

The bar moved. Mobile banking apps are no longer judged on whether they offer check deposit or balance views; every credible banking app on the market does. The standard for best mobile banking in 2026 is set by onboarding speed, payment reliability, card-level controls, savings automation, and security architecture that does not punish the user for being secure. If you are evaluating mobile banking solutions for your roadmap, studying the right incumbents and challengers is faster than reinventing patterns from scratch.

Top 10 Banking Software Development Companies to Compare in 2026

Tue, 20 Oct 2026 12:00:00 +0000

Choosing among banking software development companies in 2026 is a vendor-selection exercise, not a technology bake-off. Fintech startup founders, neobank builders, and embedded finance product leads are shortlisting partners who can ship a regulated financial product — ledger integrity, audit trails, provider orchestration, and post-launch scale — not just a polished mobile interface.

The right banking software development company combines product strategy, compliance-by-design, and modular architecture. The wrong one delivers code that passes UAT but fails its first regulatory review.

Flutter Vs React Native Development Comparison and Performance Checks

Tue, 20 Oct 2026 10:00:00 +0000

Flutter is the better choice when a fintech app requires pixel-perfect UI, custom animations, or strict visual consistency across platforms. React Native wins when your team already works in JavaScript, you share code with a web product, or over-the-air updates are non-negotiable.

Most comparison articles stop there. This one goes further: it covers what regulated fintech products actually demand (biometric auth, secure storage, KYC SDK availability, certificate pinning, and OTA update policy) and then maps each scenario to the right framework, backed by DashDevs’ 15+ years in regulated fintech and 100+ financial products delivered.

Best Stripe Alternatives for Fintech Builders: 5 Competitors Compared

Tue, 20 Oct 2026 08:00:00 +0000

You have probably integrated Stripe before — maybe on more than one product. The APIs are solid, the documentation is better than most payment vendors, and for a first launch it usually works. Then chargebacks climb, EU expansion needs local methods your stack does not support cleanly, or finance asks why effective fees look nothing like 2.9% + $0.30 on the pricing page.

That is when teams start searching for Stripe alternatives — not because Stripe failed, but because the product outgrew a single PSP.

Cross-Border Payment Providers: Product Integration Guide for 2026

Mon, 19 Oct 2026 16:00:00 +0000

Cross-border payments are no longer a treasury-only problem. Product owners, founders, and fintech leaders now embed international payments directly into wallets, marketplaces, SaaS platforms, and neobanks — and provider choice determines whether those products scale or stall at the first corridor expansion.

Juniper Research projects that cross-border B2B payment transaction value will exceed $42 trillion by 2028, while Visa reports that 60-70% of remittance users prefer digital apps over cash or checks for moving money abroad. For product teams, users expect real-time payment visibility, transparent exchange rate logic, and cost-effective currency conversion — not opaque wire transfers.

Best Core Banking Solutions and Platforms for Modern Financial Products

Mon, 19 Oct 2026 12:00:00 +0000

Most fintech founders and banking innovation teams evaluating core banking solutions start with the same question: buy a licensed core, compose modular APIs, or partner through BaaS? The answer depends on product type, regulatory scope, and how fast you need to ship — not on vendor brand recognition alone.

In finance, the stack often centers on a core banking solution: the banking software that runs accounts, ledgering, and payments processing behind a digital bank, wallet, or embedded finance flow. Teams comparing core banking providers are usually deciding how much of the banking core to own versus orchestrate.

Top Banking as a Service (BaaS) Companies in 2026: comparison map, strategy, and DashDevs

Sun, 18 Oct 2026 16:00:00 +0000

This guide is written for DashDevs: strategy first—but it also delivers what searches for banking as a service companies typically want: an explicit snapshot table naming major global platforms alongside infrastructure giants, clarity on axes (licensed banking API vs issuance vs treasury vs modular build partner), plus sections on evolution, archetypes, operating model, benefits, and trends—with internal deep-dives staged so links are not repeated inside the same section.

Snapshot: global BaaS companies and platforms worth comparing

Buyer teams ask for banking as a service providers lists because they assemble programmes from multiple strata: licensed EMI or bank APIs, issuance processors, treasury and embedded account APIs, hyperscale rails, orchestration glue. The table below is an illustrative—not ranked, not exhaustive—snapshot of globally recognised banking as a service companies and adjacent infrastructure platforms at enterprise scale.

Embedded Finance Companies: Top Platforms, Market Trends, and How Fintech Products Integrate Financial Services

Sun, 18 Oct 2026 12:00:00 +0000

Embedded finance has moved well past buzzword status. Non-financial platforms — from e-commerce giants to vertical SaaS tools — are quietly becoming financial service providers, using embedded finance APIs and banking-as-a-service infrastructure to offer payments, lending, wallets, cards, and insurance inside their existing products.

The numbers back this up. According to Grand View Research, the global embedded finance market was valued at $83.32 billion in 2023 and is projected to reach $588.49 billion by 2030, growing at a CAGR of 32.8%. Transaction volumes through embedded finance channels are projected to hit $6.5 trillion by 2025 alone.

Top Banking Trends 2026: The Ultimate List of Innovations

Sat, 17 Oct 2026 16:00:00 +0000

2026 has proven that innovation is nowhere near slowing down in the fintech realm. The world of payments is constantly evolving as key players, as well as newcomers, are pushing the envelope when it comes to the variety of solutions, along with their respective complexity.

We’ve compiled a list of innovations we see as developers and long-time stakeholders in the market that we deem necessary for the success of any player in the banking market this year.

BEST FINANCE YOUTUBE CHANNELS IN 2026

Sat, 17 Oct 2026 12:00:00 +0000

YouTube has become one of the go-to platforms for fintech learning. What started as an entertainment hub now serves as a real-time knowledge layer where founders, operators, investors, and product teams track how financial services are evolving: from digital banking and payments to embedded finance, crypto infrastructure, and AI-driven compliance.

The best fintech YouTube channels go beyond personal finance tips. They unpack fintech trends, product architectures, regulatory shifts, and market dynamics, often faster and with more nuance than traditional media. For anyone building, scaling, or investing in financial products, YouTube has become a practical extension of industry research.

Top 20 Critical Product Development Process Steps Not To Miss

Sat, 17 Oct 2026 08:00:00 +0000

When it comes to software development outsourcing, many are willing to reduce costs, which oftentimes results in compromised product quality and costly fixes afterward. It’s essential to follow a new product creation lifecycle precisely to optimize the product development process and achieve a better cost-to-value ratio.

The unfortunate statistics reveal that 90% of startups fail over time, with a poor development approach chosen being one of the top mistakes.

In this article, you will learn about the reasons you should follow the complete fintech product development strategy. Besides, you’ll review the 20 steps that need to be taken in developing a software product.

Top Countries For Software Development Outsourcing In 2026

Fri, 16 Oct 2026 16:00:00 +0000

Outsourcing development is a more investment-effective approach compared to traditional in-house development because it saves costs on hiring and maintaining an own in-house team. IT services outsourcing market, valued at $639.59 billion in 2022, is growing at a CAGR of 8.0%. This tendency is projected to continue over the next 6 years, which is explained by the fact that businesses worldwide find this model suitable to their needs and expectations.

Top Mobile App Development Companies in the USA | DashDevs

Fri, 16 Oct 2026 12:00:00 +0000

The mobile development market is growing, and more companies have ventured into the mobile app development business. Creating a mobile application on your own is often overwhelming or impractical. Therefore, many businesses look for app development companies that can help them with their endeavor.

Finding a mobile app development company in USA can be a challenge. If you google top app development companies, you will get lost in thousands of results.

Insurtech Trends 2026: What to Build First and What to Skip

Fri, 16 Oct 2026 10:00:00 +0000

Insurance technology has moved from a discussion topic to a delivery problem. Carriers know they need AI underwriting. Fintechs know embedded insurance is a margin opportunity. The real question in 2026 is which tech you can actually ship and in what order.

This article gives you 12 ranked technology trends in the insurance industry with a short implementation requirements block per trend, a prioritization matrix, and a segment map at the end. The insurtech trends covered range from deployable today (embedded insurance, claims automation) to the pilot stage (small language models, parametric smart contracts). Use it to decide which digital trends in the insurance industry are worth funding now and which still need their prerequisites in place.

Best Budgeting Apps 2026

Fri, 16 Oct 2026 08:00:00 +0000

Personal finance management applications are on top all over the globe. 9 of 10 adults admit their under-education in personal finance. Almost half of them rely on the bank to do this job for them, while one quarter is, by contrast, misguided by the bank assistants’ financial recommendations. That’s why people often use applications to solve this problem with the help of the best free personal finance management apps for iPhone or other smartphones.

5 Cloud computing trends 2026: Predictions and Growth Drivers

Thu, 15 Oct 2026 16:00:00 +0000

Cloud computing is one of the most rapidly evolving niches in the information technology sector. Even though the cloud technology trends have been around for more than a decade, its popularity has skyrocketed in recent years. Given this growth trajectory, cloud computing industry trends will become the most discussed topic in 2026.

Statistics reveals that 42.5 % of EU enterprises bought cloud computing services in 2023, mostly for e-mail, storage of files and office software. Considering the upward trend, this percentage will likely be higher in 2024. The global tendency is similar.

Best business models to choose for fintech startups in 2026

Thu, 15 Oct 2026 12:00:00 +0000

The fintech industry in 2026 has witnessed unprecedented growth, solidifying its status as a pivotal player in the global financial ecosystem. From the bustling streets of New York to the financial hubs of London and Dubai, fintech innovations are not only reshaping how businesses operate but are also redefining consumers’ relationships with their finances.

According to EMR, the global fintech market attained a value of approximately USD 194.1 billion in 2022 and is expected to grow in the forecast period of 2024-2028 at a CAGR of 16.8% to reach USD 492.81 billion by 2028.

Digital Twin Companies: How to Pick the Right Partner

Thu, 15 Oct 2026 10:00:00 +0000

A digital twin company is an engineering partner or software vendor that builds and operates real-time virtual replicas of physical assets, processes, or organizational workflows for enterprise decision-making and operational simulation.

The phrase covers a wide range of providers. Industrial digital twin tech companies like Siemens and PTC ship enterprise platforms with pre-built connectors for industrial equipment. Others specialize in physics-level simulation for aerospace or automotive. A third group, often smaller digital twin development companies or engineering partners, builds bespoke solutions for specific industries, including financial services. The digital twin companies that dominate SERP lists don’t all serve the same buyer.

Payment Facilitator (PayFac): Models, Risks & Real Build Lessons

Thu, 15 Oct 2026 10:00:00 +0000

Most platforms discover the payment facilitator model the same way: a merchant signs up, hits a conversion problem at checkout, and the product team realizes that owning the payment experience end-to-end would fix it. Then someone builds a spreadsheet of what that actually involves, and the timeline and liability exposure come into focus.

That pivot from “let’s offer payments” to “let’s understand what we’re legally taking on” is where most teams spend too little time. The payment facilitation model gives platforms direct control over payment revenue and sub-merchant experience. It also puts chargeback liability, underwriting obligations, and ongoing AML monitoring on the platform’s balance sheet. Getting that trade-off wrong is expensive in ways that don’t appear until the first scheme audit or fraud wave.

What Is a Transaction Processing System (TPS): Types, Components & Examples

Thu, 15 Oct 2026 10:00:00 +0000

When a customer taps to pay, the card network doesn’t own what happens next. The card network moves the message. Your transaction processing system owns the outcome. That covers the balance update, the ledger post, and the record an auditor can read six months later.

That distinction matters more than most teams realize until production pressure exposes it. A TPS that works under low volume can look complete. An end-of-month batch or a campaign spike then reveals idempotency gaps, duplicate postings, or reconciliation drift. Finance had been patching that by hand.

Top Priorities for Finance Leaders 2026

Thu, 15 Oct 2026 08:00:00 +0000

Much discussion has concerned the chief financial officer’s (CFO) evolving function and duties. There is a lot for advanced finance leaders to deal with, from social and regulatory efficiency to personnel management. If you’re a CFO who needs help figuring out where to begin or a C-suite executive who wants to assist your finance executives in easing into their new positions, here’s a useful guide to getting things started.

Financial leaders are required to be key enablers of corporate success, not merely the leader of the finance department, whether by concentrating on strategic alliances, reviewing technology, or trying to fulfill revenue and profit targets. For a practical planning sequence, use our CFO guide to creating a technology roadmap.

Best Backend Technologies For Fintech Development Project

Wed, 14 Oct 2026 16:00:00 +0000

The fintech industry is booming, with more than $50 billion invested back in 2023. About 1,500 new fintech companies appear annually in the US only and many of them have some form of a software product as their main or complementary offering. Consequently, it’s crucial for senior executives and engineers to have a solid grasp of backend technologies essential for crafting software solutions.

In this article, we’ll explore the distinctions between frontend and backend technologies, examine the top backend technologies, and provide guidance on selecting the most suitable option for your project.

4 Best Mobile App Monetization Strategies For Fintech Firms

Wed, 14 Oct 2026 12:00:00 +0000

More than 5 billion people engage with mobile apps daily. Thus, if your fintech app isn’t generating revenue now, it might be time to reassess your strategy and explore ways to enhance its performance to monetize app.

Financial apps are consistently in demand. They provide essential services for tasks like money transfers, expense tracking, and online loan applications, all from the comfort of one’s home. To ensure success, your fintech app should seamlessly cater to user needs. It can generate income without complicated strategies if it aligns with their preferences.

BIN Sponsorship for Fintechs: How It Works, Costs and How to Choose a BIN Sponsor

Wed, 14 Oct 2026 10:00:00 +0000

A licensed scheme member lends its BIN and licence so a non-member can issue or acquire cards. The member absorbs scheme liability. You keep the product and the customer relationship.

BIN sponsorship for fintech products covers both issuing cards and accepting them. A non-member needs a member to stand in front of the scheme.

Challenger banks, spend platforms, prepaid wallets, and BNPL issuers usually start here. The build side of that stack is card issuing integration.

Best 12 Finance API Companies in 2026

Wed, 14 Oct 2026 08:00:00 +0000

Application Programming Interfaces (APIs) are software solutions that enable data transfer between different applications and platforms. They act as frameworks allowing computers to communicate, enabling extensive data exchange.

The API management market is valued at $5.1 billion as of 2023, there are more than 24,000 public APIs, and more than 90% of developers use APIs in their work. So, the usage of APIs is rising, reflecting the high value this technology has to bring businesses worldwide.

Top 15 Fintech Events Worldwide in Q4 2023

Tue, 13 Oct 2026 16:00:00 +0000

Events are the best way to build a strong network for your business and yourself as a business individual. 79% of people agree that networking plays a vital role in career and customer attraction, as about 40% of people are inclined to become customers of a particular company after meeting a business owner.

But networking also has to be mindful. Good networking events always come with a great thought behind it, and when you choose events to attend, you have to be wary of what value they will bring you. Flagship shows like Money 20/20 reward that prep — start with our Money 20/20 Amsterdam 2025 guide. Treat this opportunity as an investment.

11 proven tips for crafting an effective pitch deck and supercharge your fundraising success

Tue, 13 Oct 2026 12:00:00 +0000

#1 Craft a Clear and Concise Idea

When presenting your business idea to investors, it is crucial not to assume their interest. The success of your investor pitch deck hinges on guiding them to understand the market’s size and the unique potential of your product. It all starts with crafting a clear and concise idea that captures their attention and showcases the value you offer.

Here are some key insights to help you formulate a compelling elevator pitch and communicate your idea effectively:

Business Ideas Validation: 5 Best Experiments for Hypothesis Checking

Tue, 13 Oct 2026 08:00:00 +0000

When we create an idea, it’s similar to falling in love. You see no flaws in your creation; there are no downsides to what you’re passionate about, and this is absolutely normal to feel that way. However, the target audience does not always share the creators’ point of view, causing many startups to fail.

Usually, when we create something, our view is biased by our own experiences and desires. On the other hand, people are ultimately pickier about the products or services you offer since your competitors already offer them similar things. So, as soon as you have an idea, you enter the playground where you have to prove your concept to be top-notch not for yourself but for your audience. And there is no better way to see how your product will do on the market than to try and experiment.

Top Trends of Ethics and Social Responsibility in Fintech: What You Need to Know

Mon, 12 Oct 2026 16:00:00 +0000

Fintechs in 2026 have evolved from being solely focused on profit. To keep next generations of customers, successful financial services leaders operate their businesses in a manner that serves the greater good while still being innovative and profitable. This approach is known as Corporate Social Responsibility (CSR), which emphasizes the ethical practices of companies.

In this article, I will share the importance of social responsibility and ethics in fintechs, including their definition, significance, and various best practices. Count these factors in. Fintechs can effectively balance their financial goals while contributing to the greater good of society.

5 fintech startups & scale-ups in the UK

Mon, 12 Oct 2026 12:00:00 +0000

In this day and age, information technologies and current financial apps rule our lives as well as our finances. FinTech startups and scaleups are in great demand due to their rich background in investment management and financial advancements. The largest fintech companies and top scale ups focus on providing software services, and many of them are now considered roughly similar to banks, if not superior in certain ways.

UK Fintech Market Overview

The FinTech industry, both in the UK and globally, has been significantly affected by the COVID-19 pandemic, leading to the emergence of various major themes. However, the pandemic’s impact on fintech has not been uniform. Alternative lenders, for instance, have encountered particular challenges in managing loan origination, risk, and collections during these periods. On the other hand, B2B fintechs, such as RegTech, core banking software, and data analytics providers, have experienced heightened demand for their services due to the pandemic, owing to their potential for cost savings, automation, and reducing human complexity.

PSD2 vs PSD3: A System-Level Guide for PSPs, EMIs and Banks

Mon, 12 Oct 2026 10:00:00 +0000

Your PSD3 readiness plan is probably already behind. The law isn’t published in the Official Journal yet, but the systems it requires are complex, and 21 months isn’t much runway when SCA refactoring, VoP integration, and permission dashboard builds are all on the critical path.

This article is written for product, compliance, and engineering leads at EU-licensed PSPs, EMIs, and banks who need to understand what PSD2 vs PSD3 means for the systems they run. It covers the legislative timeline as of October 2026, a side-by-side comparison table across nine system areas, and a segment-by-segment action map for the five business types most affected.

10 Market Factors IT Businesses Shouldn't Ignore for 2026

Mon, 12 Oct 2026 08:00:00 +0000

2022 was undoubtedly one of the hardest years for the global economy, making the investment options for business owners even more narrow. The world’s stock market is transforming with the food, finance, and fuel crisis along with remnants of COVID-19 aftermaths. The Fintech industry, for example, is undergoing an investment falter with optimistic forecasts that the situation will bounce back in 2023 since the market value is steadily growing at attracting new startups.

5 Tips on How to Speed Up Software Development

Sun, 11 Oct 2026 16:00:00 +0000

Software development is a complex business that requires the cooperation of several people, procedures, and resources. When one gear in this complex mechanism fails, the whole machine stops, slowing down the entire development process.

We’ll look at the most common problems that slow down product development and give you advice based on what we’ve learned about how to fix them.

What does software development speed depend on?

The process of software development is complex. In addition, it is constantly being rethought or retooled to incorporate new components. Unlike the manufacturing or production sectors, bringing in additional people or resources does not always result in longer development times. Because no other engineering discipline uses as much intellectual capital as software programming. Software development can be the most knowledge-intensive technical specialty.

5 Strategies For Fast, High-Quality Software Development

Sun, 11 Oct 2026 12:00:00 +0000

Our enterprise clients often agree that the faster a software development process is completed, the better. Even though being quick to respond is important, asking for a shorter turnaround time can make the product less good.

A technology leader must constantly maintain the highest level of quality and productivity. In this regard, we asked our business analysts, project managers, and QA engineers for their opinions on how to increase the pace and quality of the development process. This section contains their most intelligent observations.

8 Ways To Reduce Software Development Costs Without Cutting Headcount

Sun, 11 Oct 2026 08:00:00 +0000

The question of how to reduce software development costs has always been critical for new enterprises. One of the most effective methods to save expenses is to give a “minimum viable product” (MVP) rather than a “full” one. By making a minimally viable product (MVP), you can test your business idea quickly and spend as little as possible on software development.

In this article, we’ll go through a few easy tactics that may significantly reduce the cost of producing an MVP without losing quality. Let’s look at software cost factors and how we can change their influence on your budgets.

TOP 7 Fintech Industry Trends in 2026

Sat, 10 Oct 2026 16:00:00 +0000

The financial industry has rather responded to the disruptive side effects of COVID-19, but it hasn’t come out of 2021 unharmed. Top fintech industry trends in 2026 are going to challenge it but also will make it stronger.

And though at least 50% of traditional banks are not covering their cost of equity, there is some good news, too. Global fintech investments in 2021 recorded 210 billion dollars with 5,684 deals. This amount tends to grow. Banking institutions investing in or forming strategic alliances with fintech businesses.

10 Tips to Choose Tech Stack for Web App Development

Sat, 10 Oct 2026 12:00:00 +0000

If you work on web app development full-time, or if you devote all of your time to it, you’ve definitely come across the critical question, “How to choose the most appropriate technology stack for web app?” With so many options available, concept designers may find it challenging to choose a mix of application development technologies appropriate for their project in terms of invested finances and resulting quality.

This article will assist you in making a choice by emphasizing the most significant elements and offering more information on selecting the most successful web application tech stack.

Top Frontend Technologies for Fintech Development Project

Sat, 10 Oct 2026 08:00:00 +0000

People all around the world rely on the internet from the time they get up until they go to sleep, and these are only a blip on the radar. There is a big innovation surge in the area, and frontend web development technologies are at the leading edge.

In 2026, we anticipate an exponential rise in fintech solutions. Given the significance of social distance and growing safety concerns, current and emerging technologies will add important features to achieve this aim. As a result, your tech partner should be up to date on the newest top fintech technology trends and top frontend technologies in 2026 in order to design an up-to-date solution that meets your company’s objectives.

Product Development Trends in 2026

Fri, 09 Oct 2026 16:00:00 +0000

The complete digitization of daily life is altering our vision of the world. People nowadays can’t imagine their lives without cellphones and other electronic devices. They assist us with everything, including shopping, business, sports, communication, navigation, logistics, and entertainment. The growth of technology is changing the process of digital asset development too, so today we are going to unwrap the topic of new product development trends in 2026.

Product Owner Roles and Responsibilities in Agile Product Development

We’ve seen a modest shift in the new product development process during the previous years. The Product Owner (PO) job is being redefined, and it is no longer solely responsible for developing and managing user stories. Nowadays, a competent product owner is an executor who acts as the product’s mini-CEO. The function necessitates a thorough grasp of corporate operations, UI/UX design, marketing, consumer psychology and behavioral patterns, and digital product development technical procedures.

Secure Software Development Lifecycle: 7 Phases for Fintech

Fri, 09 Oct 2026 12:00:00 +0000

Your auditor isn’t asking whether you ran penetration tests. They are asking which phase of development you ran them in, what the findings were, and how you tracked remediation. That is the difference between a mature secure software development lifecycle and a security checkbox at the end of a sprint.

For CTOs and heads of engineering at fintechs and licensed financial institutions, this gap is consequential. PCI DSS v4.0.1, DORA, and ISO 27001:2022 each name specific development-phase controls. They expect evidence at every phase. If your SDLC wasn’t designed to produce that evidence, retrofitting it under audit pressure is expensive and slow.

How Much Does It Cost to Build a Fintech App?

Fri, 09 Oct 2026 11:00:00 +0000

You’re building a fintech product, and someone (an investor, a board member, or your co-founder) is asking what it costs. The honest answer is: it depends on decisions you probably haven’t made yet. The build path and compliance scope will each move the number more than any feature on your roadmap.

This guide prices those decisions directly for fintech founders, CTOs, and heads of product preparing a first raise or a Series A. Not hourly rates by geography. The actual cost drivers, with numbers from 100+ financial products DashDevs has delivered, including Dozens, a UK challenger bank, live in nine months.

How Cloud Banking Platforms Work: Architecture to Vendor Choice

Fri, 09 Oct 2026 10:00:00 +0000

Most platform evaluations stall at the same point: the demos look identical, the feature lists are almost interchangeable, and the sales decks all claim cloud-native architecture. The difference is in what happens when a SEPA transfer hits the ledger at 11 PM, a compliance check fails mid-flow, or you need to swap a KYC provider without rebuilding your integration layer.

For CTOs, heads of product, and digital transformation leads at banks, EMIs, and fintechs, that difference translates directly into your go-live timeline, your audit exposure, and your exit options if the vendor relationship sours.

Best Remote Management Tools for Teams

Fri, 09 Oct 2026 08:00:00 +0000

In 2026, most companies already have remote management tool and relevant infrastructure to either collaborate with scattered around the globe employees or have a plan B in case of emergency. Nevertheless, despite having a set of rules and the tools necessary for setting up a remote work environment, businesses may still face significant difficulties when switching the whole staff to a work-from-home mode. This is particularly true for non-tech companies that are not used to entirely relying on digital solutions when tackling everyday work issues. However, such drastic measures have been adopted lately in response to the coronavirus (COVID-19) outbreak, as the World Health Organization (WHO) has declared a pandemic.

5 proven business models for challengers and neobanks in the UK

Thu, 08 Oct 2026 16:00:00 +0000

Since January 2015, traditional banks around the United Kingdom have closed or scheduled the closure of 4,735 branches, at a rate of around 54 per month.

The cause is the fact that more and more customers are choosing to bank online rather than in person. That is why digital banking and especially neo banks are taking their place under the sun by implementing one or several proven business models. Different approaches towards these models and their combination will shape the future of fintech for the next several years. So, let’s find out what these models are, and how they are currently used.

9 Most Common Myths and Misconceptions About Fintech

Thu, 08 Oct 2026 12:00:00 +0000

Fintech (abbreviated from “finance” and “technology”) refers to companies that apply technological achievements to make financial operations automated. In short, this is what helps a variety of businesses manage financial processes easier and more efficiently. Clients, in their turn, get more user-friendly and customised services.

It seems like fintech startups are a dime a dozen today. Just imagine — more than 26k of them appeared all over the world last year, with America being the leader — almost 11k. Such statistics prove the demand for fintech services. But what exactly are they? Just a few examples are mobile banking, mobile payments, crowdfunding platforms, cryptocurrency, blockchain, trading, and many more. And you’ve probably heard at least a few of the top, most influential fintech companies like Robinhood, Stripe, Clyde, Kraken, Wise, or Gemini.

Finest Travel Rewards Credit Cards to Use in Modern Reality

Thu, 08 Oct 2026 08:00:00 +0000

How often did you find yourself in a state of bewilderment while picturing a weekend somewhere in the Bahamas during the COVID-19 pandemic? Since the inception of the novel coronavirus disease, no country has been left untouched. Social distancing significantly hinders the way people move among geographical regions. At the same time, there’s also some good news. What about treating yourself with a travel rewards credit card? Though these plastic or virtual rectangles are unlikely to grant you unobstructed access to any country in the world, they can provide you with some reasonable travel perks.

How to Track Your Return on Investment: Key Analytics Tools to Try

Wed, 07 Oct 2026 16:00:00 +0000

Simply put, ROI, or return on investment, is the foothold in your predictive analysis of the investment consequences. This metric, or to be exact, the percentage rate, allows evaluating the efficiency of the intended investment in different business realms and assets. That’s why it possesses the universal character of usage and is easily understood by different specialists coming from various industries.

ROI meaning refers to a comparison of ‘what is paid’ (costs) and ‘what is earned’ (profit), so you can quickly foresee the results of any funding action. What’s more, you can use this ratio to distinguish between the different investment options and find the golden mean among them. That’s what is currently done by the larger part of the SEO, content, and e-mail marketing specialists who aim at bringing analytics and automation to their daily operations. In 2020, the most prominent channels of the ROI revolution were online advertising, YouTube, and Instagram. In 2021, global advertisers anticipate having 1.06 dollars in return for every dollar spent on media marketing. Meanwhile, ROI solutions are now widely spread across businesses focused on product development and app creation specifically.

Most Inspiring TED Talks Insights Into App Development

Wed, 07 Oct 2026 12:00:00 +0000

Are you a big fan of TED media? Or have you ever watched at least one episode of the TED Conferences? Whatever your regularity to this global community is, you’ve definitely heard about this platform, right? However, familiarity is rarely equated with the usage to the max. That’s why we’re here for you! Let Dashdevs share with you a few incredible cases of app development within the last 3 years. What for? For you to finally believe in the power of the good and relevant business idea! Be sure you can write your history in the app creation, and we can gladly help you with the best technological solution in case you need it.

5 Most Vivid Fintech Trends Gaining Traction in 2026

Wed, 07 Oct 2026 08:00:00 +0000

Trends! Love them or hate them, but when a group of like-minded people finds some ideas appealing, it tends to act as a loudspeaker in terms of broadcasting to a wider audience. As 2020 presented incredible challenges, specialists all over the world looked for safer alternatives even in the realm of business digitalization. Innovative fintech start-ups also continued to question the boundaries of our value understanding, pushing the incumbent financial institutions to tap into the online world as well. This resulted in the accelerated adoption of e-payment solutions and contactless banking services to quickly adapt to the new reality.

19 Fintechs That Will Continue To Dominate The Market In 2026

Tue, 06 Oct 2026 16:00:00 +0000

With more than $34.5 billion scooped in funding, there’s no denying that the global fintech market is growing larger by the minute. And, while one can cuddle with this comforting thought while planning their next bold move into the ruthless world of startup endeavours, we can only recommend you to step back and take a closer look.

As always, where there’s Big money involved, there’s also ruthless competition lurking around the corner. It’s best to proceed with caution while keeping an eye on some of the larger players as there’s always a chance to learn from both their success… and occasional mistakes.

Chatbots for FinTech App: Improve Your Product

Tue, 06 Oct 2026 12:00:00 +0000

The financial services and banking industry is actively adopting conversation. Today we are surrounded by gadgets and applications that listen, analyze, and answer our questions and concerns. We easily share information that we’ve used to keep private, helping companies get insights into how we choose, shop, and pay.

Conversational banking is forcing the next wave of digital growth. Artificial intelligence chatbots are skyrocketing and becoming an essential part of our daily life, thanks to progress in natural language processing (NLP) and speech capabilities. However, most innovative financial technology companies go much further. For instance, Morgan Stanley utilizes AI to recognize fraud, JPMorgan executes trades, while HSBC employs robots to reveal fraud, money laundering, and terrorist funding. Business Insider Intelligence expects that integration of AI to the front (conversational banking) and middle (fraud detection) offices can potentially save banks up to $416 billion by 2023.

Stablecoins as a Payment Rail: Architecture Patterns for Fiat-Crypto Interop

Sun, 04 Oct 2026 18:00:00 +0000

Your on-chain transfer clears in seconds. Then your finance team spends two days matching it to a bank statement. If that sounds familiar, the token was never your bottleneck. This guide walks you through the architecture patterns we use to connect fiat accounts and blockchain networks through one ledger, so your stablecoin payment rails hold up under audit.

What are stablecoin payment rails?

Stablecoin payment rails move money between two fiat accounts and use a fiat-backed stablecoin, such as USDC or USDT, as the settlement leg in the middle. Your sender pays in local currency, and your recipient gets local currency. The tokens only exist in between.

Galileo Financial Technologies: 2026 Platform Guide

Sun, 04 Oct 2026 14:00:00 +0000

If you run a card program in North America, Galileo Financial Technologies has almost certainly come up in your processor evaluation. It powers some of the largest fintechs in the US. Its API surface is deep. Its sponsor bank network is established.

But the platform is in transition. In April 2026, Galileo began rebranding to SoFi Tech Solutions. Its largest client, Chime, completed a migration off the platform. The account count that once exceeded 168 million has declined.

SME Digital Banking: How Fintechs and EMIs Can Launch Business Accounts Faster

Sat, 03 Oct 2026 18:00:00 +0000

Most teams building an SME account product treat it as a technology sprint. Connect the rails, issue a card, and ship the app.

Then the first business applicant submits incomplete UBO documentation. The manual review queue forms. The launch slips six weeks.

This guide is for CEOs, CPOs, and heads of product at licensed EMIs and fintechs adding SME digital banking to their stack. Not for banks modernizing portals. For operators who need to know what to build, in what order, and which infrastructure path gets them to market without rebuilding in Year 2.

From Compliance to Opportunity: Building Value with SEPA Instant Payments

Sat, 03 Oct 2026 12:00:00 +0000

For years, Europe’s payment rails have been fast, but not instant. That changed with the Instant Payments Regulation (IPR).

Eurozone Payment Service Providers (PSPs) and banks must now receive and send SEPA instant payments at no extra cost, 24/7/365, with funds credited in under 10 seconds. According to the ECB’s payment statistics for the second half of 2025, instant credit transfers already accounted for 25% of euro-area credit transfer volume by number in retail payment systems. The rails are live. The question is whether your product is on them.

Business Intelligence for Finance Teams: Use Cases, Benefits, and Key Tools

Sat, 03 Oct 2026 10:00:00 +0000

Most fintechs have data. What they lack is a reliable way to act on it.

Ledger entries sit in one system. PSP transaction logs live in another. ERP data is exported weekly. And the CFO is still waiting for a number that reflects what happened yesterday. This is the real problem business intelligence for finance is meant to solve: not dashboards, but a trustworthy, unified view of financial performance that finance teams can act on in time to matter.

Corporate Bureaucracy Is Slowing Your AI Initiative. Here Is Where It Hits Hardest

Fri, 02 Oct 2026 10:00:00 +0000

The situation that may be familiar to many of us: your AI initiative is stalling because your internal processes were designed for a different era entirely.

A CTO in a regulated financial organization knows this feeling. The use case is approved, the vendor is selected, and the data exists. But the rollout keeps slipping. Sequential sign-off chains, compliance reviews, and data governance committees move at their own pace regardless of the business urgency you carry.

From Digital Onboarding to Daily Banking: Maximizing Customer Success Every Step of the Way

Thu, 01 Oct 2026 15:00:00 +0000

Digital customer onboarding in banking is no longer just about opening accounts. It is the first commercial test of your bank’s infrastructure, compliance stack, and product experience, all at once.

Most institutions already know this. What is harder is translating that awareness into a concrete decision: which solution architecture actually solves the drop-off problem without weakening KYC and AML controls?

This guide is written for heads of digital, product, and innovation at banks and credit unions who are evaluating digital onboarding solutions for banks, comparing vendor options, and trying to close the gap between applicant acquisition and active daily use. It covers what to look for in a solution, how to compare the major platforms and vendor types, and when to build, buy, or integrate. It also goes beyond account approval to what actually matters: first funding, first transaction, and 30-day activation.

Multi-Rail Payments in Europe: The Architecture Behind Not Breaking at Every Border

Thu, 01 Oct 2026 10:00:00 +0000

Your payment flow works fine in Germany. Then you launch in the Netherlands and onboard UK customers, and things start to crack. A local method you never integrated turns out to be the default checkout. A cut-off you didn’t know about delays a payout. Multi-rail payments in Europe fix this, but only when the architecture is designed for it. Here’s how to build that architecture before your next border.

What Is a Multi-Rail Payments System?

A multi-rail payments system connects your product to several payment rails at once and decides, payment by payment, which rail moves the money. Payment rails are the networks underneath every transfer: SEPA Credit Transfer, SEPA Instant, Faster Payments, CHAPS, card networks and local account-to-account (A2A) schemes.

Approved Scanning Vendor (ASV) Guide: Requirements, Scans, and How to Choose One

Wed, 30 Sep 2026 12:00:00 +0000

You’ve probably been in the situation when your acquirer bounced a quarterly submission. And there’s a reason for that. Your scan results came from a vendor that probably lost its ASV certification three months earlier. The submission doesn’t count, the quarter resets, and a Level 1 merchant now faces a compliance gap with card brands.

That scenario isn’t hypothetical. The PCI SSC’s vendor list changes continuously, and teams that verify a vendor once and never check again are the ones it catches. For CTOs, compliance leads, and product owners at payment companies, getting this right determines whether your quarterly evidence holds up when an acquirer or QSA reviews it.

RPA in Insurance Claims Processing: How Robotic Process Automation Cuts Costs and Errors

Wed, 30 Sep 2026 08:00:00 +0000

The situation where you can think that your adjusters are slow and reviewers are careless isn’t unusual. But usually, the bottleneck is the process itself: manual data entry across disconnected systems, re-keying the same claim details three times, and waiting on a human to verify a document that could be checked automatically in seconds.

Most insurers know this. The harder question is where to start and whether the business case holds up at the scale of their operation. McKinsey’s 2025 insurance AI report notes that claims is one of the few domains where end-to-end rewiring produces measurable unit-cost impact, because commissions and claims together consume the largest share of every premium dollar. For a carrier processing 10,000 claims per month, even marginal inefficiency at each step compounds into significant rework, reserve misstatement, and compliance exposure.

How to Build a Cryptocurrency Exchange: A Practical Guide

Tue, 29 Sep 2026 08:00:00 +0000

Most teams that ask how to build a cryptocurrency exchange have already made one critical mistake: they think it is primarily a technology problem. It is not. It is a compliance, architecture, and liquidity problem that technology must solve at the same time.

The market case is clear. The crypto exchange market reached $95 trillion in 2026 and is forecast to reach $204.97 trillion by 2031, per Mordor Intelligence. Centralized exchanges account for 86.1% of that volume, with derivatives representing 77.5% of total trading activity. Perpetual trading volume on centralized exchanges alone hit a record $86.2 trillion in 2025, a 47.4% year-on-year increase, according to CoinGecko’s 2025 annual crypto report. The opportunity is real. What is equally real is that most early-stage exchange builds collapse in one of three places: regulatory non-compliance, a matching engine that cannot sustain peak load, or a custody architecture that creates unacceptable counterparty risk.

TradingView API Integration: Use Cases, Costs, and Alternatives for Trading Platforms

Wed, 23 Sep 2026 08:00:00 +0000

Every trading platform roadmap has a line item that says “TradingView integration, 2 weeks.” Most of them are wrong. Teams scope it as one API call and end up building a broker connection, a market data pipeline, and a compliance review instead, usually after the deadline has already slipped.

Get this decision right early, and you save months. Get it wrong, and you find out the hard way that TradingView never had the API you thought it did.

Build, Buy, or Partner: A Framework for Fintech Infrastructure Decisions

Wed, 23 Sep 2026 06:00:00 +0000

Every fintech roadmap hits the same fork eventually: build it, buy it, or partner for it. Get the call wrong and you either burn eighteen months on a commodity ledger, or hand your product’s core logic to a platform you don’t control. This build vs buy decision framework turns that call into a score instead of a guess.

What Does Build vs Buy vs Partner Actually Mean in Fintech?

A build vs buy decision framework helps you decide, for each piece of your stack, whether to develop it internally, purchase it as a finished product, or license a configurable platform someone else maintains.

7 Building Blocks of Headless Ecommerce Architecture

Tue, 22 Sep 2026 12:00:00 +0000

Most companies that move to headless commerce get the frontend right. They build a fast, flexible storefront and feel good about the result. Then they get to checkout and realize they have rebuilt the most critical part of their customer journey on top of an API they barely understand.

That is where the real complexity lives: in the business logic underneath it, and especially in payment orchestration.

This guide is for those evaluating a platform re-architecture. We cover the seven core building blocks of headless ecommerce architecture, compare it with traditional and composable approaches, walk through a migration roadmap, and give particular attention to the payment integration layer. That’s the area where most teams underestimate both the effort and the consequences.

Financial Data Aggregation in Open Banking: A Practical Guide for Fintechs

Fri, 18 Sep 2026 10:00:00 +0000

Your lender’s credit decisioning model breaks because the transaction history it ingested was 48 hours stale. Imagine a situation: your PFM app’s account balance widget shows data from last Thursday, a user resets their bank password, and your aggregation link fails with no error, no alert, just a blank dashboard.

These are the production realities of aggregation built on the wrong architecture or the wrong vendor. The stakes for fintech CTOs and product leaders across fintech app development have never been higher. The aggregator you choose today shapes your compliance exposure, your data quality, and your unit economics for the next three to five years.

Address Verification Service (AVS): How It Works and Why Your Payment Flow Needs One

Thu, 17 Sep 2026 09:00:00 +0000

Most payment teams add AVS to their checkout and consider the fraud problem partially solved. AVS is one signal in an authorization response, a single character that tells you whether a billing address matches the card issuer’s records. What you do with that character is entirely up to your implementation, and the difference between a well-structured implementation and a poorly structured one shows up directly in your false-decline rate and your chargeback exposure.

Blockchain in Finance: Real ROI, Proven Use Cases, and the Infrastructure Decision

Wed, 16 Sep 2026 08:00:00 +0000

Blockchain entered the financial sector through the back door of crypto trading. In 2026, it is inside the front office of JPMorgan, HSBC, Goldman Sachs, and dozens of central banks.

That shift changes what the question is. It is no longer “should financial institutions use blockchain?” JPMorgan’s Kinexys platform has processed over $1.5 trillion in cumulative transaction volume. BlackRock’s tokenized Treasury fund holds over $2.5 billion in assets across six blockchains. DTCC, which custodies over $100 trillion in securities, received SEC clearance in 2026 for a multi-year pilot tokenizing DTC-custodied assets.

Anti-Money Laundering Compliance for Fintechs: What the 2026 Regulatory Shift Demands

Tue, 15 Sep 2026 08:00:00 +0000

Most fintechs understand that anti-money laundering compliance is required. The harder question is whether your AML program would survive a regulatory examination. What’s even more important is that it must be a live, evidence-producing control system.

That distinction is what regulators are now testing. According to Fenergo’s 2025 Global AML Fines Report, AML, KYC, sanctions, and CDD penalties totalled $3.8 billion globally in 2025, with digital-asset firms overrepresented in the top enforcement actions.

Stripe Issuing in 2026: What the Product Has Become and Whether It Fits Your Card Program

Sun, 13 Sep 2026 16:00:00 +0000

When the product launched commercially, card issuance was one of the most friction-heavy processes in fintech. Connecting to a card program provider took months. Most coordination happened in bank meetings. Physical card issuing required managing multiple vendors. Businesses wanting to offer branded cards had to engage at minimum an issuing bank and a separate card processor.

Stripe’s answer was an API-first card issuing platform. Businesses could create and distribute virtual and physical cards without holding a banking license, and physical cards arrived in two business days rather than months. Working with banks and fintechs across the US, UK, and MENA, we saw immediately why engineering teams responded.

How Smart Contracts in Fintech Are Reshaping Financial Infrastructure

Sun, 13 Sep 2026 12:00:00 +0000

Most financial contracts still depend on intermediaries to verify terms, trigger payments, and resolve disputes. Smart contracts in fintech remove that dependency. The terms are encoded in software, execution is automatic, and the intermediary is the blockchain itself.

For CTOs and product leaders building regulated financial infrastructure, this is no longer theoretical. Self-executing agreements are operating in production across settlement, lending, trade finance, and insurance. The question is where to apply them and how to build them safely.

Fintech Architecture: A Practical Guide for Builders

Fri, 11 Sep 2026 10:00:00 +0000

Most fintech teams treat architecture as something to figure out later. They ship an MVP, get early traction, then spend the next 18 months undoing structural decisions made under time pressure. The order is wrong.

Fintech architecture is the strategic technical blueprint that determines what your product can do, how well it scales, and whether regulators will approve it. Get it right early, and you build a foundation that holds. Get it wrong, and you are modernizing a live system while users depend on it.

DashDevs x Sumsub: Compliance Built Into Fintech Core From Day One

Wed, 09 Sep 2026 12:00:00 +0000

DashDevs builds Fintech Core, a composable fintech platform that helps founders and licensed institutions launch banking, payments, cards, and digital asset products without starting from zero. Compliance is one of the first things any of these products need to get right. That’s why DashDevs partnered with Sumsub to make identity verification, business verification, and transaction monitoring a built-in part of the platform.

About Sumsub

Sumsub is a verification and compliance platform. Companies use it to:

Building Compliant Crypto On/Off-Ramps for Regulated Fintechs

Sun, 06 Sep 2026 15:00:00 +0000

The real situation we often see: the crypto stack works well, users hold assets, the wallet is live, and on-chain transactions settle. At first, everything looks fine until the moment someone wants to fund with EUR or withdraw from a bank account.

At this moment, crypto-first fintechs discover that banking access, settlement rails, and compliance reporting work by different rules than anything in their existing stack. Building crypto on/off-ramps is a regulated layer of infrastructure with real legal obligations. The most common landmine here is signing a third-party provider contract where nobody clearly maps out who holds the legal bag when things go wrong.

How to Write a Software Requirements Specification for Your Mobile App

Sat, 05 Sep 2026 14:00:00 +0000

Your dev team is lined up. You’ve got a product idea, some rough wireframes, and a budget. But you’re probably missing the one document that actually tells your developers what to build and, just as importantly, what to leave out.

That document is the software requirements specification (SRS), also called an SRS specification in some teams. Skipping it is one of the most reliable ways to run a mobile app project into the ground.

Embedded FX Infrastructure: Building Cross-Border Payments Without a Banking License

Wed, 02 Sep 2026 11:00:00 +0000

Your product needs to pay suppliers in Nairobi, contractors in Warsaw, and sellers in São Paulo. You do not hold a banking license, and chasing one would burn years plus eight-figure capital before the first corridor goes live. Plenty of teams stall right there. The workable path is narrower than a full bank charter and broader than bolting a gateway onto checkout: embedded FX infrastructure sitting under the product, with a licensed partner on the other side of the money.

The Software Product Discovery Phase: A 7-Step Guide for Fintech and Regulated Products

Wed, 02 Sep 2026 09:00:00 +0000

The cost of a mistake multiplies with every week it goes unnoticed. Clarifying a KYC workflow during journey mapping costs a few hours of whiteboard time. Rebuilding that same workflow after the backend is live costs a month of engineering. So, rule number one: don’t sign a development contract without a validated architecture and compliance plan.

This is what happens when teams skip the software product discovery phase and treat it as overhead rather than the risk-elimination layer it is.

How to Build a Secure Payment System: Digital Payment Security Best Practices

Wed, 02 Sep 2026 08:00:00 +0000

Most payment security failures happen because security was treated as a deployment step rather than a design constraint. Here’s the example.

A fintech ships its MVP, then tokenization gets added in Q2. Fraud detection comes after the first chargeback spike, and MFA gets implemented when a regulator asks. By that point, the system had multiple layers of compensating controls stacked on top of each other, none of them coordinated, all of them expensive to maintain.

Fintech Data Analytics: Why Dashboards Are Table Stakes (Not a Strategy)

Tue, 01 Sep 2026 08:00:00 +0000

Your product team shipped a real-time fintech analytics dashboard. Users can see balances, transactions, and KPIs update live. The roadmap calls it a win.

Your closest competitor just shipped churn predictions, fraud scoring at the transaction level, and a model that flags creditworthy thin-file applicants your current underwriting rejects outright.

That gap is a product architecture difference. And it is the primary axis on which fintech products compete in 2026.

Ledger Architecture for Multi-Product Banks: Wallets, FX, Cards, and Lending on One Core

Fri, 28 Aug 2026 13:00:00 +0000

Most multi-product banks did not choose their ledger architecture. It accumulated. A wallet ledger from one vendor, a card processor’s internal balance system, a lending platform with its own accrual logic, none of them talking to each other cleanly. This is what a ledger architecture actually needs to look like when wallets, FX, cards, and lending all have to run on one core.

Quick answer: a multi-product bank needs one core ledger acting as the system of record, with sub-ledger structures underneath it for each product line — wallets, FX positions, card authorizations, and loan balances. The core ledger holds the double-entry truth. The sub-ledgers hold product-specific state and roll up into it. Get that separation wrong and reconciliation, reporting, and every new product launch gets harder than it should.

Smartwatch App Development: A Complete Guide to Wear OS

Fri, 28 Aug 2026 12:00:00 +0000

Most teams building for a smartwatch treat it as a smaller version of the phone app. But in reality, it can be the wrong starting point.

What’s different is that the screen is a third of the size, sessions last seconds, and users need results in two taps, or they don’t bother. Battery tolerates nothing wasteful. A design that works on a phone becomes unusable on a watch without deliberate rethinking.

Financial Reconciliation: What It Is, Why It Matters, and How to Automate It

Fri, 28 Aug 2026 10:00:00 +0000

If your team still closes the books by chasing down a mismatched line item in a spreadsheet, you already know why financial reconciliation earns its reputation. Here is what it actually involves, why it matters more than most finance teams admit, and how to automate it without breaking your controls.

Quick answer: financial reconciliation is the process of comparing internal records with external sources, such as bank statements, to confirm they match. It matters because unreconciled accounts hide errors, fraud, and cash flow gaps until they become expensive. Automation fixes this by matching transactions against rules, flagging exceptions, and keeping an audit trail, without replacing the controls a finance team still needs to own.

Vendor Lock-In in Fintech: What It Really Costs and How to Avoid It

Fri, 28 Aug 2026 08:00:00 +0000

Vendor lock-in is a significant business risk that affects various industries. At some point it happens because a payment gateway raised its rates, a BaaS provider changed its terms, or a core banking vendor entered a multiyear maintenance freeze. That’s a moment when your team may not have an exit path, even if you are desperate to migrate to one of the top core banking solutions on the market.

Now, let’s take a look at what vendor lock-in looks like in production: a structural constraint that arrives when you need flexibility the most. For fintech CTOs and founders, it shows up during a compliance audit, a Series B fundraise, or an expansion into a new market.

QSA Explained: The Role of a PCI DSS Qualified Security Assessor in Payment Compliance

Thu, 27 Aug 2026 12:00:00 +0000

Most fintech founders encounter the term PCI DSS QSA while scoping a build or negotiating a card program. The immediate instinct is to treat it as a late-stage audit requirement. That instinct is the single most expensive mistake a payment product team can make.

A QSA is not a final gate before launch. The QSA’s scope criteria directly shape which architectural decisions are reversible and which are not. By the time an assessor reviews your cardholder data environment, changing what they find costs a multiple of what it would have cost upfront.

How to Open a Corporate Bank Account for a Stablecoin Business

Wed, 26 Aug 2026 14:00:00 +0000

There’s one problem no one warns you about. Imagine a situation: the stablecoin integration works, USDC moves between wallets correctly, and settlement logic is clean. Then you try to connect that flow to a corporate bank account so payroll runs, suppliers get paid, and treasury balances somewhere auditors can verify.

That’s the moment when you realize you hit the wall. Not on the chain side, but on the fiat side.

Embedded Finance vs. Traditional Finance: Which Fits Your Business?

Wed, 26 Aug 2026 12:00:00 +0000

Your customer is on your platform. They are ready to pay, borrow, or insure, and then your product redirects them to a bank.

That moment is the core problem embedded finance solves. Not by replacing banks, but by removing the redirect entirely. Payments, lending, wallets, and insurance now live inside the product where users already spend their time.

For product leaders and CTOs evaluating this shift, the real question is not whether embedded finance works. The question is whether it fits your platform, your users, and your operational capacity. Getting that wrong means adding compliance overhead and integration complexity without the revenue to justify it.

In-App Purchase iOS Developer Guide: Types, StoreKit Flow, and Receipt Validation

Wed, 19 Aug 2026 12:00:00 +0000

Selling digital goods inside an iPhone or iPad app means adopting Apple’s commerce rules — not only adding a buy button. This in app purchase ios developer guide consolidates product types, StoreKit lifecycle details, receipt security, App Store Connect setup, and production patterns DashDevs used on real client apps. It replaces the older three-part series with one resource for the same search intent: how to implement ios in app purchase flows that survive network failures, subscription renewals, and App Store review. Teams searching for an in app purchase ios overview and a deeper ios developer in app purchase playbook should find both here.

White-Label Payment Gateway Solutions in 2026: Infrastructure Guide for PSP Founders

Tue, 18 Aug 2026 10:00:00 +0000

Launching a PSP in 2026 is no longer just about connecting card payments or adding a checkout page. Founders who treat payments as a thin integration usually discover the gap later—when finance asks why settlement reports do not match merchant balances, when operations cannot trace a failed transaction across provider logs, or when product teams need a new payment method in a new market and routing logic has to be rewritten from scratch.

Fintech Core x BitGo: Institutional-Grade Custody for Crypto and Fintech Products

Mon, 17 Aug 2026 08:00:00 +0000

Launching a crypto product is rarely about the wallet UI. The real challenge is secure key management, custody that satisfies regulators and auditors, and wallet infrastructure that scales as new assets and markets come online. Building that layer in-house takes years and carries real risk—a cost most fintech teams can’t take before they’re in production.

Fintech Core has a way to close this gap. We’ve built a dedicated BitGo integration directly into Fintech Core, DashDevs’ composable fintech platform. Founders and product teams now get direct access to one of the industry’s most trusted custody providers, without building the custody layer themselves.

Robotic Process Automation in Finance: A Complete Guide for Banks and Fintechs

Sun, 16 Aug 2026 12:00:00 +0000

Picture a mid-size bank’s operations team re-keying the same loan applicant data into four systems (the origination platform, the core ledger, the credit bureau portal, and a compliance log) because none of them talk to each other. The problem lies in a workflow, and it’s the exact problem robotic process automation in finance was built to solve.

Financial institutions run on repetitive, rule-based work: account opening, reconciliation, compliance checks, and transaction processing. Every one of those steps follows a fixed logic that a human executes manually, inconsistently, and at a cost that scales badly with volume. RPA in finance replaces that manual execution with software bots that follow the same rules without the variance, the fatigue, or the backlog.

Fintech Business Model Guide: How to Choose the Right One for Your Company

Fri, 14 Aug 2026 12:00:00 +0000

A fintech founder rarely loses because the product doesn’t work. Most lose because the business model behind it can’t survive real transaction volume, regulatory scrutiny, and customer acquisition costs. Picking the right one decides whether the company survives its first two years.

The decision gets harder because two questions are tangled together: who you serve, and how you get paid. A B2C wallet and a B2B lending API solve completely different problems, and each opens a different set of revenue mechanics. Most successful fintech companies blend more than one model instead of picking a single lane.

Pay by Bank vs Card Payments: What the Comparison Actually Costs You

Fri, 14 Aug 2026 12:00:00 +0000

Most merchants comparing pay-by-bank vs card payments expect to find a fee table with a clear winner. What they find instead is a rail decision with consequences that run through their refund operations, reconciliation logic, and fraud exposure long after the integration is live.

The fee savings are real. But they sit inside a more complicated picture than the headline numbers suggest. This article is written for those evaluating whether to add pay by bank alongside cards and those who need to make this case credibly to their merchant customers.

Data Science in Finance: How Banks and Fintechs Turn Data Into Decisions

Fri, 14 Aug 2026 09:00:00 +0000

Banks and fintechs sit on more data than most teams can read by hand. Payments, KYC checks, card events, app clicks, and support tickets arrive every day. Data science in finance turns that flow into decisions that cut loss, protect margin, and improve the customer experience.

This guide is for product, risk, and technology leaders who choose where to invest. You will see how data science in fintech programs are built, which use cases pay back first, what to ask of your warehouse and BI stack, and how compliance limits what you can model. The goal is a clear path from raw events to owned KPIs—not a list of algorithms.

Mobile App Monetization: The 2026 Guide to Monetizing Web Apps and Monetizing Mobile Apps

Thu, 13 Aug 2026 14:00:00 +0000

A fintech founder we spoke with recently had the opposite problem most guides assume: the app was short on a plan for what users were worth. Downloads were healthy, retention was decent, and the app still hadn’t decided who was going to pay for any of it.

That gap is common, and it’s more expensive in regulated products than anywhere else. A consumer app can experiment with an ad network over a weekend. A digital wallet or a lending app cannot bolt on a monetization model without checking it against compliance scope, card network rules, and the underlying cost structure of holding and moving money.

Social Media Payments: How Platforms Move Money and What Businesses Must Secure

Thu, 13 Aug 2026 13:30:00 +0000

A creator posts a product on Instagram, a follower taps “buy,” and the transaction closes inside the app. No browser tab opens, and no card form appears on a separate site. That single interaction is what social media payments actually mean in production. Money movement is embedded directly into a social platform, rather than routed through it as an afterthought.

Payments product leads, fintech founders, and commerce teams building on social channels already see the trend. The hard part is deciding which payment model to support and how to secure it at scale. These are the questions that we cover in our article.

Cybersecurity in Banking: Threats, Controls, and How Leaders Reduce Risk

Thu, 13 Aug 2026 12:00:00 +0000

Digital banking made convenience the default. It also made banks a permanent target. Customer data, payment credentials, and always-on channels sit in one attack surface. When controls fail, the loss is rarely only technical. It becomes financial, legal, and reputational at once.

This guide is for CISOs, CIOs, Heads of Risk, and product leaders who must decide where cybersecurity in banking investment actually reduces loss. You will get a clear view of sector threats, operating constraints, control priorities, and a practical framework. The goal is stronger banking cybersecurity decisions—not another generic threat list.

Network Tokenization: How It Improves Payment Performance and Reduces Declines

Wed, 12 Aug 2026 10:00:00 +0000

Fraud is the risk most boards discuss first. Soft declines and stale credentials often cost more in practice.

Cards expire. Banks reissue plastic. Issuers reject credentials that used to work. Customers abandon checkout. Subscriptions fail, and teams spend hours in reason codes before they see the pattern.

Network tokenization addresses that problem at the credential layer. You stop relying on the raw primary account number and use a credential the card network issues and keeps current. Done well, you improve authorization rates, reduce lifecycle declines, and hold less cardholder data in your own systems.

ISV Payments Explained: Embedded Payments for Software Vendors

Sun, 09 Aug 2026 09:00:00 +0000

SaaS founders do not lose the embedded-payments decision on API docs. They lose it on model selection: referral looks free until you leave margin on the table; full PayFac looks rich until capital, sponsorship, and dispute ops show up on the board pack. ISV payments are how independent software vendors turn checkout into a revenue stream—and how they inherit payment risk if they pick the wrong depth.

This guide is for founders, CEOs, CFOs, and product leaders who must quantify that trade-off across referral, revenue share, PayFac-lite, and full PayFac. You will get unit-economics framing, ramp and capital commitments, org design implications, contract levers, ISV payments examples by vertical, and a clear line for when a build partner like DashDevs belongs in the path—not in a partnership slide deck.

3DS Liability Shift Explained: How 3D Secure Protects Merchants From Fraud Chargebacks

Fri, 07 Aug 2026 08:00:00 +0000

Every card-not-present transaction carries a question nobody wants to answer after the fact: if this turns out to be fraud, who pays? That question has a name in the payments industry — liability shift — and for online merchants, the answer increasingly comes down to one protocol: 3D Secure.

Understanding the 3ds liability shift is not a compliance checkbox. When authentication outcomes never reach authorization, exposure to fraud chargebacks returns overnight. It directly affects exposure to fraud chargebacks, checkout conversion, and the cost of doing business online. This guide explains what the 3d secure liability shift actually means, how it works technically, when it applies, where it fails, and what merchants and issuers should operationalize in production.

AI in Banking: Use Cases and Examples Reshaping the Industry in 2026

Thu, 06 Aug 2026 11:00:00 +0000

AI recognition in finance is not a new idea. The first pattern-recognition systems for transaction data date back to the 1980s. What’s changed is the gap between banks that have folded AI into their operations and those that are still running pilots that never leave the sandbox. That gap is now the whole story.

The real question for a bank or fintech is which use cases actually justify the investment in AI.

Digital Account Opening Software: Costs, Benefits, and What to Expect

Wed, 05 Aug 2026 10:00:00 +0000

Boards still fund “digital onboarding” as if a new form were the product. Applicants abandon, branches absorb the overflow, and marketing keeps buying traffic that never becomes deposits.

Digital account opening software is the operating system for that first relationship: identity, risk decisioning, core booking, funding, and the evidence pack your auditors will ask for. Get the stack right and you convert intent into funded accounts. Get it wrong and you pay acquisition costs for screenshots of incomplete applications.

Cross Border Payments Compliance vs Payment Speed: What Actually Matters in 2026

Wed, 05 Aug 2026 08:00:00 +0000

Fintech marketing still sells the same promise: instant settlement, seconds-not-days, money that “just moves.” Boards then fund another rail project and wonder why clearance rates stall.

The uncomfortable answer—echoed by Marwan Forzley, CEO of Veem, on Fintech Garden Podcast 166—is that the rail is the easy part. Cross border payments compliance is what actually decides whether a transfer completes. Speed without bankable controls is a demo. Production is the stack that clears when registries are messy, sanctions lists conflict, and counterparties sit in different legal systems.

Stablecoin Banking Explained: How Companies Move Between Fiat and Stablecoins

Mon, 03 Aug 2026 09:00:00 +0000

Every company that touches stablecoins eventually hits the same wall: the money still has to land somewhere a payroll provider, a tax authority, or a supplier will accept. That “somewhere” is a bank account—and getting one willing to work with digital assets is often harder than the chain integration itself.

This is stablecoin banking: the plumbing that connects blockchain-based dollars to the accounts, ledgers, and compliance systems that keep a business running. It sounds simple in a pitch deck. In practice, it is where many stablecoin programs stall—and where crypto banking conversations should start.

3D Secure 2.x: Decline Rate Trade-offs, Liability Economics, and Vendor Selection

Fri, 31 Jul 2026 08:10:00 +0000

Heads of Payments and CPOs do not need another glossary entry for 3D Secure. They need a control model: when step-up authentication protects margin, when it silently taxes conversion, and how liability economics change the RFP for a PSP or 3DS server.

In card-not-present flows, 3D Secure sits between checkout intent and issuer approval. Version 2.x replaced static passwords with risk-based flows, biometric and OTP challenges, and richer data to the access control server. Done well, most cardholders authenticate without noticing. Done poorly, 3d secure authentication becomes the highest-friction step in the funnel—and your decline dashboard blames “issuer” for a design choice you own.

Banking CRM Systems: When Generic CRM Platforms Are Not Enough

Fri, 31 Jul 2026 08:00:00 +0000

Banks do not fail CRM projects because teams misunderstand what a CRM is. They fail when a horizontal sales tool is asked to run regulated customer journeys without product, risk, and consent data—and relationship managers stop trusting the screen.

This article is a decision guide for CTOs, CIOs, heads of retail or SME banking, and product leaders evaluating banking CRM systems: when generic platforms are enough, when bank CRM systems must be banking-native or heavily extended, and how to choose between buy, extend, and custom banking crm system development without locking your roadmap to a vendor UI. Leaders comparing bank CRM systems should treat the choice as architecture and operating-model work—not a license refresh.

Reliance Mode with Vendors: Calibrating BaaS, KYC, and Payment Dependency

Thu, 30 Jul 2026 10:00:00 +0000

Every fintech runs on someone else’s rails. That is not a confession—it is the operating model. Ledger, card issuing, KYC, fraud screening, payment rails: unless you hold a full banking license and built every layer in-house, you rely on vendors for the regulated, expensive, hard-to-get-right parts of the business.

The question was never “should we rely on vendors.” It is how much reliance, on whom, and with what fallback. Most teams inherit a stack, add partners as the roadmap demands, and discover true dependency only when a provider goes dark—or when ledgers stop agreeing.

Banking APIs and API Banking: How to Choose, Integrate, and Scale

Thu, 30 Jul 2026 09:00:00 +0000

Banking APIs are how modern financial products move money, prove identity, and read account data without rebuilding a bank. If you are choosing rails for a wallet, marketplace payouts, or a digital bank, the decision is not “do we need APIs?”—it is which bank API model and which banking API integration pattern will survive production. API banking is the default delivery shape for those products.

This guide consolidates bank connectivity as a product architecture choice: how banking apis work, which types of api to shortlist, how open banking rails differ from BaaS, and what bank api integration must include beyond a happy-path demo. Consent-based AIS/PIS vendor lists sit in a separate comparison.

Open Banking Integration: Architecture, Consent, and Implementation Choices

Thu, 30 Jul 2026 09:00:00 +0000

Open banking integration is a build-versus-buy and corridor decision, not a glossary exercise. Product and engineering leaders need a clear path: which customer jobs justify bank data or payment initiation, and which open banking architecture fits those jobs, without locking the roadmap to a brittle connector.

This guide consolidates consent flows, aggregator versus bank-direct choices, regional rules, use cases, risks, and an implementation checklist—so you can ship open banking integration that survives production traffic and audits.

Payment Remittance for Business: Models, Processing & What to Build

Wed, 29 Jul 2026 16:00:00 +0000

Payment remittance is easy to underestimate until a corridor fails at payout, FX eats the margin, or compliance blocks a high-volume sender. For fintech founders, neobank product leads, and operators adding international money movement, the useful question is not a dictionary definition — it is how corridors, licensing, and partner rails shape your P&L and roadmap.

Global diaspora and business corridors still move hundreds of billions of dollars a year. That demand attracts new apps — and compresses margins for anyone who only ships a send form without owning routing, FX, and KYC depth. International money movement only works as a product when quote honesty, screening, and payout confirmation are first-class requirements.

Credit Card Processing: Costs, Key Players, and What Fintech Leaders Need to Know

Sat, 25 Jul 2026 12:00:00 +0000

Credit card processing is invisible when authorization rates stay high and funding lands on time. It becomes a board-level problem when declines spike at checkout, fee lines creep without a clear owner, chargebacks drain reserves, or a compliance gap puts cardholder data in the wrong place.

For payment product managers, fintech founders, and digital banking leaders, the useful question is not whether payment processing exists — it is where margin is created and lost across the flow, which vendor holds leverage at each step, and what changes when you move from an off-the-shelf stack to owning more of the rails. This article gives you a working mental model of credit card processing: the transaction path, the participants, the fee layers that drive your effective rate, and a decision framework for architecture and vendor choices as transaction volume grows.

Fintech Development Outsourcing in Practice: Models, Pricing & Partner Fit

Thu, 23 Jul 2026 14:00:00 +0000

You already know what outsourcing is. The harder question is whether fintech development outsourcing will actually accelerate your roadmap — or create a second product team you cannot steer when payments, KYC, or banking APIs go wrong.

If you are a founder, CTO, or Head of Product at a seed-to-Series-B fintech — or a bank/insurance product lead building outside the core IT org — you are usually buying speed, scarce domain skills, and delivery discipline. Cost matters, but the expensive failure mode is a cheap partner who has never shipped regulated money movement.

Stock Trading App Development in 2026: Features, Stack, Compliance & Cost

Thu, 23 Jul 2026 12:00:00 +0000

Stock trading app development is not a consumer-app review problem. If you are a founder or product lead evaluating a custom brokerage or investment client, the real questions are operational: what must ship in v1, which licenses and partners you need, how real-time data and orders will work, and what budget and timeline are credible before an RFP.

Consumer apps such as Robinhood-style commission-light brokers or full-service names (Schwab, Fidelity, and peers) are useful as product references — proof of what users expect — not as a feature checklist to copy blindly. Your job is to decide what to build, what to buy, and what a stock trading app development company must prove before kickoff.

How to Choose Mobile Application Development Technologies for Your Product

Thu, 23 Jul 2026 10:00:00 +0000

The expensive mistake in mobile is not picking an “unpopular” framework. It is committing to mobile application development technologies that fight your product constraints — then discovering the mismatch after you have already hired, integrated vendors, and shipped v1.

Wrong stack choices show up as slower releases, two teams you cannot staff, App Store friction, brittle OS updates, and technical debt that forces a rewrite when you finally need camera-grade flows, offline mode, or payments-grade security. Right choices look boring on a slide: they match platforms, performance needs, compliance surface, and the people who will maintain the app for three years.

Launching a Payroll Card Program: Business Case, Margin Model, and Partner Selection

Wed, 22 Jul 2026 10:00:00 +0000

If you already move wages at scale, the strategic question is not “should we support another payout rail.” It is whether a payroll card program should sit on top of that volume as a monetization layer — so wages land on a card you help issue, rather than disappearing into an employee’s external bank where you capture nothing after the ACH.

That is the business case fintech founders and embedded-finance PMs are actually weighing: own the card surface, share in interchange, and optionally fold earned wage access (EWA) into the same load path — or stay a pure payroll pipe forever. Pair this with our webinar Everything You Need to Know About Card Issuing when you shortlist issuer partners.

Recurring Payment Systems: Key Decisions for SaaS and Fintech Companies

Tue, 21 Jul 2026 14:00:00 +0000

At low subscription volume, almost any billing setup works well enough. A few thousand active subscribers, a handful of plan tiers, one processor — finance closes the month, support handles the odd card decline, and nobody calls a recurring payment system an architecture problem. That comfort ends quietly. Somewhere between roughly 10K and 500K active subscribers, the same stack starts deciding how much revenue you actually collect, how many engineers babysit failed runs, and how expensive it becomes to ship a new pricing model.

Real-Time Payment Reconciliation: Why It Should Be a Check, Not a Calculation

Tue, 21 Jul 2026 10:00:00 +0000

In April 2024, Synapse Financial Technologies filed for Chapter 11, and the four partner banks holding its end users’ funds discovered they couldn’t answer the one question that actually mattered: whose money is this? By the time a court-appointed trustee finished picking through the wreckage, she’d identified a shortfall of up to $95 million between what the banks held and what depositors were owed — and, as Banking Dive reported, nobody had ever been checking, in real time, that those two numbers stayed equal.

AI in Fintech: Seven Production Use Cases Product Leaders Can Trust

Tue, 21 Jul 2026 09:00:00 +0000

Product leaders do not need another catalog of everything AI might touch. They need a shortlist of where AI in fintech already moves loss ratios, cost-to-serve, or conversion—and where pilots still outrun operating reality. Serious AI in fintech programs start from operating constraints, not from a model catalog.

This guide is a companion lens to the Fintech Garden conversation with Jerry Floros on using AI cautiously in an era of synthetic everything: treat models as systems with unit economics and human accountability, not as magic. Below are seven fintech ai use cases that work when data, governance, and ops are ready—plus the constraints that decide whether yours will.

Best Mobile Banking App Features to Build in 2026

Tue, 14 Jul 2026 22:00:00 +0000

If you lead a fintech product, you are not choosing an app to download—you are deciding which best mobile banking app features to fund, sequence, and operate. The best mobile banking app features for your segment are the ones you can operate under your license, core, and risk appetite.

What are the features of mobile banking that matter in 2026? In product terms, they are the capabilities that let customers open and manage accounts, move money, control cards, stay informed, and trust the channel enough to stop calling the contact center. Get that foundation wrong, and advanced personalization rarely saves the business case.

Build vs Buy a Core Treasury System: What Banks, Treasurers, and CFOs Need to Know

Thu, 09 Jul 2026 10:00:00 +0000

For most banks and corporate treasuries, buying a modern cloud-based treasury management system is the faster, lower-risk path. Implementation typically runs 3 to 6 months, with annual costs in the mid five to low six figures. Building a custom treasury system makes financial sense mainly for banks and large multinationals with unusual multi-entity structures, strict data-residency rules, or proprietary risk logic. A build of meaningful complexity usually costs $400K to $1M or more upfront and takes 6 to 12 months — and typically pays off over a 3 to 5 year horizon once vendor licensing costs scale past that fixed investment.

How Stablecoins Are Changing Cross-Border Payments for Businesses

Wed, 08 Jul 2026 10:00:00 +0000

A €500,000 supplier payment that clears in forty-eight hours is not a treasury inconvenience — it is a working-capital tax. Correspondent banking still moves most B2B cross-border payments through chains of intermediaries, each adding fees, cut-off times, and reconciliation gaps that finance teams absorb as permanent overhead.

Stablecoins for cross border payments are not replacing that stack overnight. They are giving payments and treasury leaders a second rail — one that settles in minutes, runs around the clock, and prices movement more predictably than wire transfers through opaque correspondent networks. The question for mid-market and enterprise operators is no longer whether dollar-pegged settlement rails exist. It is where they outperform traditional cross-border payments, where they fail, and what adoption actually requires.

Know Your Agent (KYA): The Next Layer of Trust in Agentic Payments

Wed, 08 Jul 2026 10:00:00 +0000

A few years ago, “the customer” in a banking transaction was, by definition, a person. Today it might be a script. An AI agent booking a flight, renegotiating a subscription, or executing a trade does not sleep, does not hesitate, and does not need a login screen — it just acts. That shift is quietly forcing banks, payment processors, and fintechs to rethink a question they thought they had already answered: who, exactly, are we doing business with?

Creating a White Label Banking Product: A Buyer's Guide to Build vs. Buy in 2026

Sun, 05 Jul 2026 10:00:00 +0000

Most teams evaluating white label banking start with the wrong question. They ask which vendor has the prettiest demo app. The question that determines whether the program survives year two is different: how much control do you need over ledger logic, provider contracts, and compliance workflows after launch — and what happens when your first sponsor bank, PSP, or market expansion forces an architecture change?

White label neobank development is a buyer decision spanning licensing, technology, operations, and capital — not a procurement checkbox. Teams evaluating white label neo bank development face the same licensing and compliance gates whether they buy a closed stack or a source-code platform. This guide walks through decisions before, during, and after building: a practical framework for build vs. buy, a platform comparison, cost ranges, compliance obligations, and the modular platform architecture that separates programs that scale from demos that stall. Fintech Core — DashDevs’ source-code modular stack — is positioned throughout as the path that resolves the classic tradeoff between closed white-label SaaS and multi-year custom build.

Real-Time Trading Platform Development: What It Takes to Process 1,000 Orders per Second

Sat, 04 Jul 2026 14:00:00 +0000

At 09:31:04.218, a user submits a market order for 0.4 BTC. By 09:31:04.241, their EUR balance is reserved, a counterparty is matched, a fill is recorded, two ledger legs post, and a confirmation event lands in the UI. Twenty-three milliseconds. One atomic financial truth.

That number is not the hard part. The hard part is the other 999 orders arriving in the same second — each with its own order type, time-in-force rule, reservation state, and dispute potential if anything lands half-written. Real-time trading platform development is where fintech engineering stops tolerating eventual consistency and starts treating every millisecond as a liability surface.

Agentic Payments: The Missing Infrastructure Layer Between AI Agents and Real Transactions

Fri, 03 Jul 2026 10:00:00 +0000

An AI travel assistant that books a flight, upgrades a seat, and pays the fare without opening a checkout page is not a demo feature — it is a production liability question. The agent has acted. Money moved. Yet most payment stacks still assume a human clicked “Pay now” in a browser session ten seconds earlier.

Agentic payments close that gap. They define how AI agents obtain scoped authority, prove purchase intent, route funds across agentic payment rails, and settle with the same finality card networks and bank APIs expect — without treating every autonomous click as card-not-present fraud.

How Much Does It Cost to Build a Bank in 2026: The Full Cost Breakdown

Fri, 26 Jun 2026 10:00:00 +0000

Most founders who ask about starting a bank picture a license fee and a software invoice. The spreadsheet they eventually build looks nothing like that. Regulatory capital sets the floor. Technology swings the middle. But over a three-year bank startup horizon, the line item that most often breaks the model is people — the compliance officers, engineers, risk managers, and operators who turn permission and software into a bank customers can trust.

What Is Card Issuing? How Card Issuance Works for Fintech Teams

Tue, 23 Jun 2026 10:00:00 +0000

If you are a fintech founder, product owner, or CTO evaluating a branded card, the question is rarely “what is a payment card?” It is whether your team can actually ship card issuance — licensing path, BIN sponsorship, processor integration, ledger alignment, and compliance operations — without treating the card as a UI feature bolted onto an app.

75% of financial transactions worldwide are now digital, and cards remain the default spend rail for consumer and commercial programs. Card issuing is fintech infrastructure: a product-enablement layer that lets wallets, neobanks, marketplaces, and payroll platforms control where money moves, how spend is limited, and how brand stays visible at checkout. The global payment card issuance software segment alone is projected to reach $2.31 billion in 2026 as more brands launch programs through APIs rather than legacy core banking projects.

Central Bank Digital Currency (CBDC) Explained Simply: Pros, Cons, and Real-World Examples

Thu, 18 Jun 2026 23:00:00 +0000

Most people already use money digitally. They tap cards, send bank transfers, pay through apps. But that does not mean they are using digital sovereign money. Every balance in a banking app is a liability of a commercial bank, not the central bank itself. A CBDC is different. It is a direct digital form of central bank-issued money — the digital equivalent of cash, but without the paper.

This distinction matters more than it might seem. 137 countries and currency unions representing 98% of global GDP are now actively exploring CBDCs — up from just 35 in May 2020. Understanding what central bank digital currency actually is, how it works, and what risks it carries has become essential for anyone building wallets, payment platforms, or regulated financial products.

What Is a Project Development Roadmap? A Step-by-Step Guide

Wed, 17 Jun 2026 10:00:00 +0000

Someone asks for the roadmap in a Monday standup. One person opens a Gantt chart with task owners. Another pulls up a release calendar. A third reads from a slide about Q3 strategy. Same word, three different documents — and that is usually when prioritization stalls and budget conversations go in circles.

This guide clarifies what is a roadmap when you are building software: a project development roadmap that shows direction and major milestones, not a task list wearing a strategic label. Finance leaders mapping tech investment should also read How to Create Technology Roadmap: Guide for CFO. You will see how it differs from a project plan and delivery timeline, review project roadmap examples across discovery, build, launch, and scale, and follow nine steps to create a project roadmap your team members and stakeholders can align on.

Wealth Management Platform Integration: Vendor Comparison Framework for 2026

Tue, 16 Jun 2026 10:00:00 +0000

Fintech product owners, CTOs, and digital banking teams usually do not ask whether wealth is a strategic category. They ask which wealth management platform can be integrated fast enough for market entry without limiting the product roadmap in year two.

That is why this is no longer a “best software list” decision. Platform selection determines how your team will launch portfolios, onboard clients, support advisors, handle compliance, and scale operations across markets.

Gamification in Banking: Strategies, Examples, and Business Impact

Fri, 12 Jun 2026 10:00:00 +0000

C-level leaders, product owners, and growth teams at banks, neobanks, and fintech apps face the same question: can gamification improve retention and acquisition without turning a financial product into a casino?

Gamification in banking is no longer a novelty feature. It is a design strategy used in mobile banking, digital wallets, savings apps, and lending products to encourage users toward money management habits, product adoption, and long-term engagement. When designed responsibly, fintech gamification supports financial literacy and financial health. When designed carelessly, it drives clicks without improving customer outcomes.

Fintech Vendors: A Practical Framework for Integration Vendor Selection

Thu, 11 Jun 2026 10:00:00 +0000

Choosing a fintech integration vendor is one of the highest-leverage product decisions a founder, Head of Product, or product owner will make. The vendor you select shapes launch speed, compliance scope, checkout conversion, reconciliation workload, and how painful it will be to add a second provider in year two.

This is not a generic procurement exercise. Fintech vendor selection is an architecture decision disguised as a vendor contract. The wrong payment processor, KYC platform, or BaaS partner can look fine in a demo and still create migration debt, operational blind spots, or regulatory gaps once you scale.

Fintech API Integration: Building the Right Fintech Stack

Wed, 10 Jun 2026 10:00:00 +0000

Fintech founders, CTOs, and product leads at neobanks, wallets, lending platforms, and embedded finance products face the same decision: which APIs to integrate, in what order, and how much infrastructure to own. The wrong stack creates reconciliation debt, compliance gaps, and provider lock-in before the product reaches scale.

Fintech APIs are the connective layer of modern financial products. Fintech api integration is not a connector project — it is architecture work that defines how money moves, how identity is verified, how data is shared, and how regulators receive evidence.

How to Accept Payments on Website: Gateways, Processing, and Setup

Wed, 10 Jun 2026 10:00:00 +0000

If your website sells subscriptions, bookings, marketplace services, digital products, or financial services, payment setup is not just a checkout button. You need a reliable way to accept payments online, protect customer payment data, route transactions, handle failures, and reconcile funds after settlement.

This guide answers the beginner question of how to accept payments on website while going deeper for founders, product owners, and engineering leads who need a custom payment architecture. The goal is not to create a basic storefront. The goal is to build a payment flow that can support multi-gateway routing, multi-currency checkout, recurring billing, fraud controls, a ledger, and regional payment methods as your product grows.

Payment as a Service: A Practical Guide for Banks and Fintechs

Tue, 09 Jun 2026 10:00:00 +0000

Fintech founders, Heads of Product, and payments leaders rarely ask whether they need payments. They ask how much infrastructure they must own to launch safely — and how fast they can expand into new rails, markets, and payment methods without rebuilding the stack each time.

Payment as a service answers that question by letting teams outsource payment processing infrastructure while keeping product, UX, and customer ownership in-house. For banks modernizing legacy stacks and fintechs launching wallets or embedded finance flows, the decision is strategic: adopt a payment as a service platform, compose vendors, or build proprietary payment infrastructure.

Digital Wallet App Development in 2026: Infrastructure Guide for Fintech Teams

Tue, 09 Jun 2026 00:00:00 +0000

Digital wallets are no longer niche payment utilities. In 2026, they are core fintech infrastructure—financial operating systems that combine payments, balances, cards, FX, transfers, embedded finance, and in some cases crypto rails under one product experience. Digital wallet app development is not about building a sleek mobile interface around a third-party SDK. It is about designing wallet infrastructure that remains correct under volume, regulation, provider variance, and operational pressure.

Most wallet projects fail quietly after launch. Not because the UI was weak, but because ledger logic, settlement visibility, compliance workflows, or payment routing could not scale. That is why wallet app development must be treated as an architecture and operations decision—not a feature checklist.

How Fintech Innovations Are Reshaping Banking, Payments, and Lending in 2026

Fri, 05 Jun 2026 10:00:00 +0000

Global fintech investment reached $52.4 billion in 2025 — down from peak years, but concentrated in infrastructure that actually ships. Stripe reported businesses on its platform processed $1.9 trillion in 2025. The message for founders is clear: fintech innovations now win on execution depth — ledger logic, compliance, payment orchestration — not pitch decks alone.

This guide is not another generic trend list. It explains what innovations in financial technology mean operationally in 2026, how they reshape banking, payments, lending, and digital financial services, and where product teams should invest attention before choosing vendors or architecture.

How to Write an RFP for Software Development

Thu, 04 Jun 2026 22:00:00 +0000

If you are a founder, product owner, CTO, or operations lead preparing to outsource a custom build, the RFP is usually the first document that separates a structured vendor search from a chain of unstructured sales calls. For fintech teams especially, the stakes are higher: vendor selection affects compliance scope, integration architecture, delivery speed, and long-term product scalability.

According to Grand View Research, the global IT services outsourcing market continues to expand as companies prioritize speed, specialized expertise, and flexible delivery models. Yet many RFPs still fail for a simple reason — they describe features, not outcomes, and leave vendors guessing about constraints that shape real proposals.

Fintech Risk Management: Framework, Governance, and Operational Controls

Thu, 04 Jun 2026 21:00:00 +0000

Fintech companies no longer compete only on product speed. They compete on trust, regulatory credibility, and operational resilience. For founders, CEOs, CTOs, and early compliance leads building regulated products through sponsor banks or BaaS models, fintech risk management is now a core business capability — not a checklist prepared before an audit.

According to Fortune Business Insights, the global fintech market is projected to exceed $1.13 trillion by 2032. Growth is strong, but so is scrutiny. Banking partners, investors, and regulators increasingly ask the same question: can this company identify, govern, and mitigate risk while scaling into new markets?

App Development Cost: How Much Does It Cost to Create an App in 2026?

Thu, 04 Jun 2026 10:00:00 +0000

If you are a startup founder or product owner planning a first or next build, you are probably not looking for one fixed number. You need a realistic way to estimate app development cost before talking to vendors — and to understand what will push the budget up after launch.

How much does it cost to build an app in 2026? For most teams, the answer starts between $60,000 and $180,000 for a custom MVP — and rises quickly when payments, compliance, or multi-platform delivery enter scope. How much does it cost to make an app profitable is a different question: build cost only matters when paired with retention, monetization, and operational runway.

How to Start a Neobank: Licensing, Vendors, and Technology in 2026

Tue, 02 Jun 2026 06:00:00 +0000

Building a neobank today is not about launching quickly with a plug-and-play platform. It is about designing sponsor-bank partnerships or licensed paths, modular infrastructure, and operational control—without creating long-term dependency on rigid vendor stacks.

The global neobank market exceeded $140 billion in 2024 and continues to grow as customers expect mobile-first banking apps without physical branches. Founders researching how to build a neobank or how to start a neobank are usually comparing three paths: white-label speed, API orchestration, or custom core ownership.

Types of Digital Wallets: Compare Models, Infrastructure, and Use Cases

Mon, 01 Jun 2026 06:00:00 +0000

Digital wallets are no longer optional checkout tools. In 2026, they became a core payment infrastructure, shaping how users pay, store money, interact with financial products, and move across ecosystems. According to Statista, online wallets now account for nearly half of global ecommerce payments, while Stripe businesses processed $1.9 trillion in 2025.

For fintech founders, product owners, and payment teams, this changes the role of wallet strategy completely. A wallet is no longer just a place to store cards. It directly impacts customer retention, payment economics, onboarding experience, compliance scope, and long-term scalability.

How to Build a Fiat-Crypto Platform With a Unified Balance System

Tue, 12 May 2026 00:00:00 +0000

If you are asking how to build a fiat crypto platform, the first strategic decision is not wallet UX, token support, or exchange spread logic. The first decision is operational: how your product will maintain one consistent financial reality across rails that settle differently, fail differently, and report differently.

Most teams can connect a fiat PSP and a crypto transfer service quickly. The failures begin later, when finance asks for one balance view, support asks for one transaction history, compliance asks for one audit trail, and product asks for one predictable customer experience. This is where architecture quality decides whether a platform scales or accumulates operational debt.

Closed-Loop Payment Systems: Benefits, Architecture & Use Cases

Fri, 08 May 2026 00:00:00 +0000

Closed-loop payment systems are no longer a niche architecture used only by transit cards or coffee chains. In 2026, they are a strategic growth lever for marketplaces, retail ecosystems, mobility platforms, campus environments, digital communities, and B2B products that want tighter control over payment flow, customer experience, and revenue mechanics.

Many businesses still ask the same questions before launch: what is a closed loop payment system, how does it differ from open-loop rails, and when does it become economically superior to standard card acceptance. The short answer is that closed-loop systems are not a replacement for every payment method. They are a specialized layer that performs best when repeat transactions, loyalty behavior, and ecosystem retention matter more than universal acceptance.

Mastering Fintech: Key Steps to Build a Successful Company

Sun, 03 May 2026 00:00:00 +0000

The question “how to start a fintech company” sounds simple until you face regulation, infrastructure, and product-market fit at the same time. In 2026, speed still matters, but execution quality matters more: weak compliance, poor UX, or unstable architecture can ruin a promising idea early.

At DashDevs, we work with startups and financial institutions that launch banking, payments, lending, and investment products. This guide explains how to start a fintech business in a practical, step-by-step format, with updated market context, links, and common pitfalls to avoid.

P2P Payments: Trends, Backstage, and Implementation

Fri, 01 May 2026 22:00:00 +0000

The convenience of peer-to-peer (P2P) payments has made many traditional methods, such as paper checks, far less relevant for everyday users. Today, consumers expect instant digital transfers, while businesses treat a reliable P2P payment system as a baseline feature, not an extra.

As of 2026, the latest full-year market data confirms this momentum. In 2024, Zelle crossed $1 trillion in annual payment volume, with 3.6 billion transactions and 151 million enrolled user accounts. At the infrastructure level, the Federal Reserve reports that P2P and money transfer payments rose from 1.6 billion in 2018 to 9.5 billion in 2022, showing how quickly account-to-account transfer behavior has scaled.

Super App Architecture: Building the Future of Digital Ecosystems (Engineering Guide)

Thu, 30 Apr 2026 12:00:00 +0000

Super app development is no longer a curiosity confined to a handful of Asian consumer giants. Product executives now ask, explicitly, how to evolve a single high-traffic surface—rides, food, telco, retail, or banking—into a superapp that cross-sells services without betraying trust. Architecture is where those ambitions succeed or quietly rot behind animated onboarding.

Who should read this guide

This article is written for people who sign off on trade-offs that cannot be fixed with another design sprint: CTOs and VPs of engineering, heads of platform, enterprise architects, and senior product leaders who own roadmap risk across multiple squads. If your organisation is discussing mini-programs, shared wallets, partner marketplaces, or a second flagship vertical inside an existing flagship app, you are already in super app territory—even when the word “super” never appears in internal slide decks.

Electronic Money Institution vs Payment Institution: EMI License, PI License, and Strategic Choice in 2026

Wed, 29 Apr 2026 12:00:00 +0000

Smooth, compliant payments are essential for any business operating at scale. As digital wallets, marketplaces, and embedded finance converge, teams constantly compare electronic money institution vs payment institution routes: which licence matches stored-value ambition, which fits pure payment execution, and what capital and safeguarding imply.

The European framework distinguishes regulated Electronic Money Institutions (EMIs) under the Electronic Money Directive (EMD2) from Payment Institutions (PIs) authorised under the payment-services rulebook (PSD2, with EU-level amendments and national implementation evolving). UK firms reference FCA registration and permission sets for UK EMI licence and PI variants—related ideas, not identical copy-paste of EU passports.

What Is a Multi-Account Ledger System (And Why Fintech Platforms Need It to Scale)

Sun, 26 Apr 2026 12:00:00 +0000

Most fintech roadmaps talk about features, APIs, and growth. Boards ask for new markets, new products, and higher conversion. Engineering tickets pile up for integrations, retries, and edge cases. Somewhere underneath all of that sits a quieter subject that rarely wins a keynote slide but determines whether the company can survive its own success: whether the platform has a coherent multi-account ledger system at the center, or a patchwork of partial truths about money.

Payment Processor vs Payment Gateway: How They Differ in 2026

Thu, 23 Apr 2026 12:00:00 +0000

Cashless payments are the default for many businesses: customers expect to pay by card, wallet, or bank rails whether they buy online, in-app, or in store. To support that, teams must understand payment gateway vs payment processor roles—payment of gateway and “processor” are easy to muddle when vendors market all-in-one stacks.

In product terms: the gateway shapes checkout and data capture; the processor (with acquiring and network relationships) answers whether the money actually moves. Same transaction, two different jobs.

How to Build a Payment App in 2026 | DashDevs

Tue, 21 Apr 2026 05:00:00 +0000

Learning how to build a payment app in 2026 is closer to shipping a regulated distributed system than to shipping a shopping-catalog app with a checkout button glued on. Users expect instant confirmations, predictable refunds, and clear balances; schemes, acquirers, and banks move money on their own calendars. Mobile payment app development fails when teams optimize the interface first and only later discover that their PSP cannot support the payout model, idempotency story, or dispute semantics the product promised.

How to Start a Currency Exchange Business: Tips and Strategies for Success

Sun, 19 Apr 2026 21:00:00 +0000

The global foreign exchange market handles more than $7.5 trillion in daily trading volume, establishing itself as the largest and most liquid financial market globally. With the expansion of global trade, remittances, and digital payments, there is an increasing need for dependable and secure currency exchange services.

Launching a successful currency exchange business demands a comprehensive understanding that goes beyond mere market knowledge. From selecting the optimal business model to maneuvering through intricate regulatory landscapes and incorporating robust technology, it is essential for entrepreneurs to meticulously plan each step of the process.

How to Build a Digital Bank: Platform vs. Product, Architecture Choices, and Build Paths

Thu, 16 Apr 2026 22:01:00 +0000

For more than a decade, “digital banking” meant putting old banking processes behind a mobile interface. Fewer branches. Fewer people. Less paper.

That phase is over.

What’s emerging now is something fundamentally different: banking as a software platform, designed to operate in real time, adapt continuously to regulation, and scale through ecosystems rather than branches.

Early digital banks optimized for cost and distribution. The next generation must optimize for trust, adaptability, and long-term economics — a theme Petr Baron also unpacks in Fintech Garden Episode 118 on tbi Bank’s challenger strategy.

Mobile Banking App Development in 2026: Features, Architecture, Cost, and Launch Strategy

Thu, 16 Apr 2026 00:01:00 +0000

Mobile banking has quietly become the primary product layer for financial institutions.

For most customers, the banking relationship no longer starts in a branch or on a website. It starts with an app icon. But banking app development today is no longer a simple UI project. It is an infrastructure decision involving onboarding, payments, compliance systems, card integrations, security architecture, and scalable backend services—whether you label it mobile banking development, mobile banking software development, or mobile application development for banking, the workload is the same behind the glass.

What Is Core Banking? A Strategic Guide to Core Banking Systems, Architecture, and Modern Solutions

Wed, 15 Apr 2026 00:00:00 +0000

Most articles define core banking as “software that allows banks to manage accounts and transactions.” That’s technically correct — and strategically useless. For a product-level walkthrough of a modular approach, see the Fintech Core demo at Finovate Spring USA.

If you’re launching a digital bank, upgrading legacy infrastructure, or evaluating vendors, a dictionary answer won’t help you make the decisions that will define your margins, your regulatory posture, and your product roadmap for the next decade.

Electronic Payment Services: How They Work, Types, and Business Benefits

Tue, 14 Apr 2026 12:00:00 +0000

Cash still exists, but the center of gravity for commerce has shifted. Electronic payment services—the products, APIs, and regulated capabilities that let businesses and consumers pay and get paid digitally—now underpin most retail, software, and platform business models. Behind every service sits an electronic payment system: software, networks, contracts, and controls that move money with traceability. Whether you call it a digital payment stack, an online payment processing setup, or simply e-payments, the expectation is the same: fast, traceable, and safe value transfer on demand.

Merchant Service Providers In Fintech: Who Are They & How to Choose

Thu, 09 Apr 2026 21:00:00 +0000

The digital payment boom has changed how people buy and pay. Most businesses now depend on merchant services—everything from merchant processing and settlement to the software customers see at checkout. Whether you search for merchant payment services, merchant processing services, or a merchant service provider, the underlying need is the same: accept electronic payments reliably and keep funds flowing.

Statista research predicts the overall transaction value will increase by 11.79% annually from 2023 to 2027, reaching about US$14.79 billion by 2027. In 2024, the global digital commerce transaction value reached 7.63 USD.

How to Start a Payment Processing Company in 2026

Wed, 08 Apr 2026 00:00:00 +0000

The global payments industry crossed $2.4 trillion in revenue in 2023, and McKinsey’s 2024 Global Payments Report projects continued expansion through the decade, driven by the accelerating shift away from cash, the rise of embedded finance, and a wave of new entrants building payment infrastructure for verticals that legacy processors have never properly served.

Yet most founders who set out to “build a payment processor” are solving a different problem than they think. Some want to accept payments on behalf of merchants. Others want to route between multiple PSPs to improve approval rates. Some are building wallets. Others are adding embedded payments to a SaaS product. A few are genuinely becoming full payment processors.

What Is a Ledger in Banking and Fintech? A Complete Guide

Sun, 05 Apr 2026 22:00:00 +0000

If you run a fintech, bank, EMI, or embedded-finance program, your leadership team has probably used the word “ledger” in at least four incompatible ways this quarter. In one meeting it is the pretty scroll of transactions inside the app. In another it is the finance team’s general ledger inside the ERP. In a third it is “whatever Postgres says.” In a fourth it is a vendor slide that promises a modular core without spelling out who owns the financial source of truth when two systems disagree.

Building Digital Banking Today: What 2026 Demands

Sun, 29 Mar 2026 21:00:00 +0000

Digital banking matters in 2026 because it’s no longer just about moving services online. It has become a platform-driven business model that powers how money is stored, moved, embedded, and monetized across entire digital ecosystems.

With hundreds of billions in annual revenue and net interest income projected to reach $1.61T in 2026, digital banking continues to scale fast—and it’s still early in the curve. What’s changed is scope. Digital banks are no longer limited to checking and savings; they’re expanding into AI-driven decisioning, real-time payments, embedded finance, and ecosystem partnerships that blur the line between banks, fintechs, and product companies.

Operational Resilience by Design: Translating DORA and Fintech Regulations into Real Controls

Thu, 26 Mar 2026 15:00:00 +0000

Why operational resilience is a board-level capability for fintech—not a policy pack

Operational resilience in fintech is often mistaken for a compliance exercise: policies, procedure PDFs, and audit binders that sit apart from production.

In practice, supervisors assess whether you can withstand, detect, respond to, and recover from disruptions—and whether evidence matches reality. Frameworks such as the EU Digital Operational Resilience Act (DORA) make this shift explicit for much of European financial services: DORA operational resilience controls are implemented through ICT risk management, resilience testing, incident processes, and oversight of critical third parties—not through intent alone.

Mangopay for Marketplaces: How Wallet-Based Payment Infrastructure Works (and When to Go Beyond It)

Thu, 26 Mar 2026 12:00:00 +0000

This piece speaks to founders, C-suite leaders, and commercial owners who sign off on strategy, budget, and risk—even if they are not payment specialists. It is also useful for Heads of Product and General Managers who own the marketplace end to end, because payment choices eventually surface as seller NPS, support queues, and roadmap velocity—not only as engineering tickets. The same audience is often comparing marketplace payment providers and multi-party architectures when a checkout-only vendor cannot solve seller balances, holds, and payouts.

Core Banking Vendor Due Diligence Checklist for Regulated Fintech

Tue, 24 Mar 2026 00:00:00 +0000

Selecting a core banking platform is one of the highest-leverage decisions a regulated fintech will make—and one of the easiest to rush. The sections below mirror how serious enterprise buyers run procurement: clear questions, explicit evidence, and shared ownership across technology, risk, and commercial teams.

If you need grounding on what “core” actually does in modern stacks—not only legacy mainframe stereotypes—start with what is core banking before you normalize vendor shortlists.

Non-Custodial Wallets for Mobile Apps: What Web3Auth Enables for Fintech and Web3

Mon, 23 Mar 2026 00:00:00 +0000

Financial software has a recurring pattern: a new channel appears, boards ask for a roadmap slide, and teams underestimate what it costs to run safely at scale. Non-custodial wallets sit in that pattern today—not because every company must issue keys, but because ownership, programmability, and mobile distribution now intersect with regulated fintech in ways that affect distribution, unit economics, and risk. From years of building and advising fintech products, the same lesson applies: the expensive failures are rarely consensus algorithms; they are custody boundaries, operations, and messaging that outrun legal reality.

API Integration Platform for Banks and Fintechs

Fri, 20 Mar 2026 00:00:00 +0000

By 2026, most regulated financial products are a patchwork of internal systems plus dozens of external APIs. The product looks unified to the customer, but behind the scenes the real work is financial infrastructure orchestration: keeping KYC flows, AML screening, fraud scoring, card issuance, payout rails, and open finance connectivity aligned without turning every vendor change into an emergency release.

This article is a practical blueprint for leaders who need clarity on what an API integration platform is, how it differs from core systems, and what to fund so your fintech integration architecture stays fast to ship and slow to break.

Open Banking Infrastructure Explained: How Brankas Powers Embedded Finance

Wed, 18 Mar 2026 01:10:00 +0000

Open banking is no longer a side topic for fintech teams. It is production infrastructure.

If you are building embedded finance products, the question is no longer “Should we use open banking?” It is “Do we have an open banking stack that can support growth without breaking customer trust, compliance obligations, or unit economics?”

That distinction matters. The UK FCA reported more than 16 million active open banking users and 53% year-over-year growth in open banking payments in 2025. Adoption is real, and expectations are rising. Customers now expect fast account linking, smooth pay-by-bank checkout, transparent consent flows, and reliable post-payment status.

Banking App Development Cost in 2026: Full Breakdown, Timelines, and Hidden Costs

Tue, 17 Mar 2026 22:00:00 +0000

Banking app development in 2026 is no longer a straightforward software budgeting exercise. It is a strategic decision about infrastructure ownership, regulatory exposure, time-to-market, and long-term margin. Two products can look almost identical in the App Store and still have completely different cost structures underneath. One may be a relatively thin user interface sitting on top of a Banking-as-a-Service provider. The other may be a deeply integrated product with its own orchestration layer, custom ledger behavior, multiple payment rails, and an internal compliance stack. The screens may look similar. The economics never do.

Stanhope for Fintech Payments: How to Launch SEPA, SWIFT, and Multi-Currency Flows Faster

Sun, 15 Mar 2026 22:00:00 +0000

Building payment rails from scratch is one of the hardest parts of launching a fintech product. Teams need scheme access, bank partnerships, compliance controls, treasury logic, reconciliation, and secure money movement infrastructure before the product can scale.

That is why many fintechs use infrastructure providers like Stanhope (Stanhope Financial) instead of building direct connectivity themselves. Through one integration layer, fintech companies can enable:

SEPA payments across Europe
SWIFT-based international transfers
virtual IBANs and named account structures
multi-currency wallets
FX conversion and treasury operations

This model helps product teams move faster because they do not have to negotiate and maintain every banking relationship on their own. Stanhope Financial is licensed as an electronic money institution in Lithuania, and Swift says its network connects 11,500+ institutions across 220+ countries and territories. The European Payments Council’s current SEPA scope also now extends beyond the EU and includes new additions such as Albania, Montenegro, North Macedonia, Moldova, and Serbia entering on phased readiness dates.

Sumsub for Fintech: How Modern Platforms Automate KYC and AML Compliance

Sun, 15 Mar 2026 22:00:00 +0000

What is Sumsub?

Sumsub is a fintech compliance platform that helps companies automate identity verification and regulatory checks. Through APIs and SDKs, financial platforms can verify user identities, perform KYC and KYB checks, screen customers against sanctions lists, and monitor activity for suspicious behavior.

Instead of building compliance infrastructure internally, companies integrate Sumsub to handle document verification, biometric checks, and AML screening during onboarding and throughout the customer lifecycle.

The Hidden Infrastructure Behind Fintech Compliance

At first glance, onboarding a user to a financial platform seems straightforward. A customer signs up, uploads an ID document, and the account is activated. Behind the scenes, the process is far more layered.

Cifas Fraud Detection in the UK: A Business and Technical Guide to Shared Fraud Intelligence, Onboarding Risk Checks, and Integration Design

Sat, 14 Mar 2026 00:01:00 +0000

When people talk about fraud detection in the UK, the conversation usually jumps straight to machine learning, device fingerprints, or onboarding scores.

Those tools matter. But they do not answer one of the hardest questions in fraud:

how do you know whether the person, account, payment instruction, or employee event in front of you has already appeared somewhere else in the fraud ecosystem?

That is the gap Cifas helps close.

Griffin BaaS in the UK: A Business and Technical Guide to Embedded Bank Accounts, Payments, and Savings

Sat, 14 Mar 2026 00:00:00 +0000

If you are building a fintech product in the UK, the hardest part is often not the idea customers see. It is the infrastructure underneath it.

That is where Griffin comes in. The company positions itself as a UK bank you can build on, giving businesses API access to embedded accounts, payments, savings, and onboarding-related capabilities.

On paper, that sounds straightforward: faster launch, less infrastructure to assemble, fewer moving parts. In practice, the bigger question is how to build around Griffin in a way that still works once real users, real reviews, and real money movement are involved.

Thredd Issuer Processing: A Business and Technical Guide to Launching Card Programmes, Integrating EHI, and Choosing the Right Balance-Hosting Model

Sat, 14 Mar 2026 00:00:00 +0000

If you’re planning to launch a card product, the customer-facing idea is usually easy to describe.

Maybe you need employee expense cards, prepaid consumer cards, lending-linked cards, wallet cards, payout cards, or embedded cards inside a non-financial product. At that stage, it can feel like a straightforward product decision.

It rarely stays that simple for long.

Very quickly, card issuing turns into an infrastructure question. You are no longer talking only about the card itself. You are deciding how transactions are approved, where balances live, how exceptions are handled, and what happens when two systems disagree in real time.

Fireblocks vs. Building Your Own Custody Infrastructure: What Founders Need to Know

Thu, 12 Mar 2026 22:00:00 +0000

The moment a fintech platform decides to support crypto, a critical question appears: who actually holds the keys? Behind every wallet, token transfer, or blockchain payment sits digital asset custody — the infrastructure responsible for securing private keys and protecting user funds. Unlike traditional finance, a single mistake in crypto custody can lead to irreversible asset loss. That’s why custody is not just a technical detail. It is the foundation of trust for any crypto-enabled product.

Know Your Transaction for On-Chain Transfers: Process and Sumsub API Integration

Thu, 12 Mar 2026 10:00:00 +0000

Crypto products have grown up fast. Not long ago, a team could treat compliance as something bolted onto the side of the product. That approach breaks down the moment you start moving real value on-chain.

If your platform supports stablecoin transfers, wallet withdrawals, treasury movements, merchant settlement, or cross-border payouts, transaction monitoring is no longer a background task. It becomes part of the product flow itself.

That is where Know Your Transaction, or KYT, stops being a compliance buzzword and starts becoming operationally important.

Banking Circle Integration: A Business and Technical Guide to Accounts, Cross-Border Payments, FX, and Infrastructure

Thu, 12 Mar 2026 00:00:00 +0000

Banking Circle gets attention for two very different reasons.

The first is easy to understand. If you run payments or banking products across borders, the pitch is attractive: one infrastructure relationship that can support local collections, local payouts, cross-border transfers, FX, virtual account structures, and a more scalable operating setup than a patchwork of separate banking partners.

The second reason is where teams get into trouble. Phrases like “single API,” “faster payments,” or “licensed banking infrastructure” can make the work sound simpler than it really is. It is easy to assume the project is mostly about connecting endpoints. It is not.

CENTROlink: A Business and Technical Guide to Direct Access to the Single Euro Payments Area

Thu, 12 Mar 2026 00:00:00 +0000

Most fintech teams only realize how complicated euro payment access is when they are already deep into launch planning.

On paper, the path can look simple enough: get licensed, open accounts, connect a banking partner, and start moving money. In reality, the access model you choose affects your margins, time to market, customer experience, and operational risk for years. That is exactly why CENTROlink deserves more attention than it usually gets in broad SEPA conversations.

Railsbank Integration: A Business and Technical Guide to Accounts, Wallets, Payments, and Card Issuing

Thu, 12 Mar 2026 00:00:00 +0000

When people first look at Railsbank, the appeal is obvious. You can see the pitch in one sentence: launch accounts, cards, wallets, or payments faster than you could by building the whole stack yourself.

That is true, but it is also a little misleading.

A Railsbank integration is not just a technical shortcut. It is a decision about product design, compliance ownership, operational workflows, and long-term architecture. Teams that treat it like “just another API project” usually discover the real scope halfway through delivery, when questions around reconciliation, support, balance logic, and exception handling start to pile up.

How to Integrate BLIK Payments: Architecture and Use Cases | DashDevs

Wed, 11 Mar 2026 22:00:00 +0000

If you’re building payment experiences for Poland, BLIK is not just another local method sitting next to cards. For a lot of customers, it is the familiar way to pay.

That has both business and technical consequences.

On the business side, BLIK is well past the point of being a niche option for early adopters. According to the official 2025 results published by BLIK, users completed 2.9 billion transactions worth PLN 441.5 billion, and the system ended the year with 20.7 million active accounts. E-commerce was still the biggest channel, but in-store payments, P2P transfers, and recurring use cases also kept growing. In plain terms, Polish consumers already know the flow, trust it, and often expect to see it at checkout.

Verification of Payee in SEPA Transfers: What PSPs Need to Build in 2026

Tue, 10 Mar 2026 10:00:00 +0000

Verification of Payee is no longer a niche feature in European payments. For PSPs working with SEPA transfers, it is becoming part of the product baseline.

That is happening for a simple reason: users now expect transfers to be both fast and safe. They want money to move instantly, but they also want reassurance that they are sending it to the right recipient. Without a reliable beneficiary verification layer, those expectations are difficult to meet.

How to Build a Micro-Investment Platform in 2026

Thu, 05 Mar 2026 22:00:00 +0000

Over the last decade, investing has shifted from a niche activity dominated by institutions to something accessible from a smartphone. Today, millions of users can start investing with just a few dollars using a micro-investing platform.

Behind these simple apps sits a complex financial infrastructure that connects brokerage APIs, trading engines, custody providers, compliance systems, and portfolio analytics. Understanding these foundations is critical for fintech founders and product teams exploring how to build an investment platform or create an investment app.

How to Start a Money Transfer Business in 2026

Wed, 04 Mar 2026 22:00:00 +0000

In fintech, launching a money transfer business remains a strong opportunity, but the market dynamics in 2026 look very different from a few years ago. Cross-border payment volumes continue to expand as remote work, global ecommerce, and migrant labor flows increase the need for fast and affordable international transfers.

At the same time, infrastructure is evolving quickly. Stablecoins are emerging as an alternative settlement rail for B2B payments and remittances, while embedded finance is pushing transfers deeper into platforms such as marketplaces, payroll systems, and BNPL ecosystems.

Developing a Custom Payment Gateway: Key Steps and Considerations

Wed, 04 Mar 2026 06:00:00 +0000

Payment gateways are an integral component of the digital payment processing flow that ensures secure, efficient, and convenient online transactions. Notably, businesses across diverse industries can benefit from both custom payment gateways and seamless payment gateway integrations, enhancing their operations and customer experiences.

According to Statista, the total transaction value in the US is expected to show a CAGR of 15.24%, resulting in a projected total amount of €3,381.00bn by 2027. It clearly shows that the number and the amount of finance transferred digitally is rising. So, there is still room for businesses aiming to become owners of payment gateway products.

How to Build a Trading Platform in 2026

Sat, 28 Feb 2026 22:00:00 +0000

Building a trading platform in 2026 means operating at the intersection of regulation, AI, and multi-asset infrastructure. Retail investors expect fractional trading, real-time analytics, and seamless mobile UX. Institutions demand auditability, liquidity depth, and risk automation. At the same time, crypto and traditional markets are converging, forcing platforms to support stocks, ETFs, digital assets, and alternative investments within one compliant architecture.

The opportunity is real. The global trading platform market exceeded $44 billion and is projected to continue steady growth toward the high-teens billions by the early 2035, driven by mobile-first investing and digital asset adoption. But growth now belongs to companies that build resilient infrastructure, not just attractive apps. At DashDevs, we act as an engineering partner for fintech founders, brokers, asset managers, and digital banks designing scalable, regulation-ready trading ecosystems.

How to Build a Super App: 2026 Guide

Thu, 12 Feb 2026 22:00:00 +0000

It’s 2026, and everyone is building super apps. Examples such as WeChat, Careem, and STC Pay are frequently referenced as super app archetypes. From a business perspective, what defines these platforms is not the number of features they offer, but their ability to connect supply and demand within a single ecosystem. This dynamic is explored in more detail in the Business Reality of Uniting Your Apps into One Super App. But things get a lot more interesting in the fintech world.

How To Start A Small Localized Bank In The UK

Wed, 11 Feb 2026 22:00:00 +0000

Starting a bank used to mean marble buildings, vaults, and hundreds of millions in capital.

In 2026, it means something very different.

If you’re researching how to start a bank, the real question isn’t just regulatory. It’s strategic. You’re not just building a financial institution — you’re designing a regulatory model, capital structure, and product strategy that can survive modern compliance and customer acquisition realities.

The truth is: you don’t always start with a bank. You start with the right model.

Is PHP Still Relevant in 2026? Business Impact and Strategic Considerations

Mon, 02 Feb 2026 22:00:00 +0000

It’s the same question every year: Is PHP still a good choice, or is it becoming less attractive?

In 2026, this decision carries more weight than ever. Teams are making long-term architectural commitments, budgets are tighter, and the cost of choosing the wrong backend technology compounds over time.

At DashDevs, we build fintech, banking, and enterprise platforms daily. We’ve seen PHP successfully power large-scale systems — and we’ve also seen how technology choices can limit scalability when product demands evolve. This article isn’t about defending or dismissing PHP. It’s about providing a practical framework to help you decide whether PHP fits your business and technical goals today.

Fintech Trends 2026: Key Shifts in the Future of Financial Technology

Thu, 22 Jan 2026 23:00:00 +0000

Fintech is entering a decisive phase in 2026. What once felt experimental has now become infrastructure. What used to differentiate products is quickly becoming table stakes.

Artificial intelligence is moving from decision support to autonomous execution. Payments are expected to be instant. Financial services are embedded directly into products users already rely on. Compliance, identity, and resilience are no longer separate layers but part of core system design.

According to statistics, the global fintech market is projected to exceed $1.3 trillion by the early 2030s, growing at close to 20% CAGR. But growth alone is no longer the story. The real question for fintech leaders in 2026 is how systems are built, governed, and scaled under real-world pressure.

Understanding Cross Border Payments, Transactions, and Money Exchange

Mon, 12 Jan 2026 22:00:00 +0000

In 2026, running an international business without cross-border payments is simply impossible. Global trade, digital platforms, and financial institutions rely on seamless cross-border transactions to move money across countries and currencies in real time.

The volume of cross-border payments continues to grow, with global cross-border transactions already exceeding $190 trillion annually and rising as businesses scale globally. Yet despite their importance, cross-border payment flows remain complex—affected by fees, FX costs, regulations, and fragmented infrastructure.

How to Develop an Open Banking Platform like Tarabut

Tue, 16 Dec 2025 22:00:00 +0000

Open banking is easily one of the most impactful technology trends in the fintech domain. Its rapid expansion across regions and evolution into concrete functionalities and products made open banking nearly a must-have for market players. But how is open banking already manifested in actual software products, and what are the development steps for such a solution?

In this post, you’ll explore the trends of open banking in the MENA region, explore the Tarabut open banking platform success story, and review in great detail the development and legal procedures for establishing an open banking platform like Tarabut.

AI Credit Scoring Implementation: From Legacy Systems to Intelligent Lending

Sun, 30 Nov 2025 22:00:00 +0000

AI credit scoring is rapidly replacing traditional underwriting, delivering 15–25% better accuracy, real-time risk insights, and faster loan decisions. As legacy systems struggle with rising data complexity, regulatory demands, and new borrower behavior, AI has become a business-critical upgrade for lenders aiming to grow safely and competitively.

This article gives banking executives a clear roadmap for adopting AI-powered scoring—from evaluating models and integrating them into core systems to achieving measurable improvements in approval rates, default reduction, and operational efficiency.

The Business Reality of Uniting Your Apps into One Super App

Wed, 29 Oct 2025 22:00:00 +0000

To start off, we’ll need to define what a super app is, but this time, from the business perspective. You can catch up on our technical view of super apps and how they’re developed in our guide to building a super app.

Simply put, a super app is an ecosystem where supply meets demand. This means that when companies seek to offer their customers any service and/or product the market demands, it’s no longer viable to place it in a small or simple app. Companies such as China’s WeChat and AliPay, or Malaysia’s Grab, understood this concept early on: those who seek to offer services and products that complement each other must place them neatly within unified experiences.

The Next Global Payment Rail: Stablecoins

Mon, 13 Oct 2025 21:00:00 +0000

For decades, global payments relied on the same rusty rails—SWIFT transfers moving across borders. Each transaction passed through a maze of intermediaries: acquiring banks, issuing banks, local banks, correspondent banks, FX providers, and card networks. Every handoff added more fees, more delays, and more opacity.

The first wave of fintech challengers aimed to rein in the ‘greedy middlemen.’ They stitched together faster country-specific rails, cutting the fees often in half.

The Future of Digital Wallet Innovations, Tokenization & Adoption Trends

Fri, 15 Aug 2025 21:00:00 +0000

A decade ago, digital wallets were simple. Tap, pay, done.

Today, they’re evolving into full-fledged financial ecosystems—integrating payments, identity, loyalty, credit, and even tokenized assets. From Apple Pay to MuchBetter, the modern wallet is no longer just a utility—it’s becoming the front door to financial services.

At DashDevs, we’ve seen this shift firsthand through projects like MuchBetter, where we helped build an award-winning e-wallet with seamless payments, loyalty features, and smart risk monitoring—all designed for global scale and daily use.

Revolut Alternative: Launch Your Own White Label Banking Platform with DashDevs

Mon, 04 Aug 2025 21:00:00 +0000

Revolut has now surpassed 30 million retail customers worldwide and now makes more than 400 million domestic and international transactions combined every month. While seemingly large this number is, the global neobanking market is expected to grow at a compound annual growth rate (CAGR) of 54.8% from 2025 to 2030. It proves that the neobanking market is far from being saturated, while more and more businessmen realize the potential opportunity in neobank development and intend to develop their customer solutions within the next 6 years.

Money20/20 Europe 2025: The Pulse of Global Fintech — Our Team’s Reflections

Tue, 10 Jun 2025 21:00:00 +0000

Earlier this June, the DashDevs team joined the world’s top fintech minds at Money20/20 Europe 2025 in Amsterdam. Spanning three intense days at the RAI, this year’s conference was a masterclass in what’s next for payments, banking, AI, and financial infrastructure.

More than just a networking opportunity, Money20/20 was a convergence of visionaries, builders, and regulators, all working to define fintech’s next chapter.

DashDevs at Money20/20: Our Team

Our leadership team - Igor Tomych (CEO) and Artem Boboshko (VP of Business Development) - met with fintech founders, platform innovators, and global bank execs to exchange insights and forge new partnerships.

Your Guide to the Most Influential Fintech Event in Europe - Money20/20

Mon, 19 May 2025 21:00:00 +0000

If there’s one fintech event that sets the tone for the entire industry, it’s Money20/20 Europe. And in 2025, it’s shaping up to be bigger and more impactful than ever.

From June 3–5, 2025, the world’s top fintech leaders will gather in Amsterdam to challenge ideas, form new partnerships, and uncover what’s next in digital finance. Whether you’re scaling a startup, transforming legacy infrastructure, or expanding into new markets, this is where it all comes together.

CHAPS Payment in the UK: Features and Alternatives for High-Value Transactions

Wed, 14 May 2025 21:00:00 +0000

FinTech combines seemingly incongruous things. You are in the right place if you want to learn about fast and secure payments in the oldest existing currency. UK finance harmoniously combines the glorious history of the pound sterling, the solid traditions of British banks, and the latest technologies, and the CHAPS payment system is one confirmation of that.

Given that CHAPS payments account for over 90% of total sterling payment values, I will focus on CHAPS and compare it to other available bank transfer systems so you can see which payment solutions will help your business.

Bank API in Modern Finance: Use Cases, Classifications, and Integration

Thu, 08 May 2025 21:00:00 +0000

The usage of Application Programming Interface (API) has become a cornerstone of digital transformation in the ever-changing financial services industry. Understanding their categories is critical for executives, company owners, and engineers to begin leveraging technology to improve their fintech or non-fintech organizations.

In this post, you will find out about types of APIs in banking, learn how to choose an API for your product, and discover the technicalities associated with the integration of a chosen solution.

Statement of Work (SOW) in Software Development: A Fintech Expert's Guide

Wed, 30 Apr 2025 21:00:00 +0000

In software development—especially in the high-stakes world of fintech—misaligned expectations can be catastrophic. Budgets balloon. Deadlines slip. Teams argue over who owns what. And more often than not, the root cause is a weak or missing Statement of Work (SOW).

At DashDevs, we’ve delivered 100+ fintech solutions across highly regulated markets like KSA, the EU, and the UAE. From launching digital banks to embedding complex BNPL modules, we’ve learned that the SOW isn’t just paperwork—it’s your project’s operational playbook, legal defense, and success insurance policy all in one.

Payment Orchestration: Applying It in Modern Business

Tue, 22 Apr 2025 21:00:00 +0000

In an era where digital transactions define the customer experience, businesses need to ensure that payments are processed seamlessly, securely, and efficiently. However, the payment ecosystem is complex, involving multiple providers, gateways, and methods. Managing these multiple components and keeping track of costs, success rates, and performance metrics can be challenging and time-consuming. That’s where payment orchestration comes into play.

In this post, we’ll demystify the concept of payment orchestration and explain how it can transform your business operations. You’ll discover why orchestrating payments has become a major priority in fintech, which types of businesses stand to benefit most, and the practical steps to implement it effectively. To illustrate these ideas in action, we’ll also explore how DashDevs approaches payment orchestration in our Fintech Core by DashDevs solution.

Strategic Planning and Implementation of Digital Banking Functionalities in UK & European Markets

Wed, 09 Apr 2025 21:00:00 +0000

Over the past decade, I’ve had countless conversations with banking executives across Europe and the UK. The themes are always familiar: legacy systems holding them back, growing pressure from digital challengers, and a customer base that expects more than just a functional app — they expect a seamless, personalized digital experience.

Regulations like PSD2 and Open Banking haven’t just reshaped compliance—they’ve unlocked the playing field for innovation. And with mobile banking now the norm, not the exception, the institutions that adapt quickly are pulling ahead—some growing nearly 50% faster than those still stuck in outdated models.

How to Create a Digital Wallet: Step-by-Step Guide

Tue, 08 Apr 2025 22:00:00 +0000

Digital wallets are experiencing explosive growth, with over 3.4 million users worldwide and 2838 billion digital wallet transactions projected by 2028. As consumer demand for fast, secure, and convenient payments accelerates, businesses are increasingly exploring digital wallet development to unlock new revenue streams and boost user engagement.

With this surge comes a key question for fintech founders and product teams: how to create a digital wallet that is secure, scalable, and competitive?

The Most Important Fintech Regulations for Finance Businesses in the US, EU, UK, and MENA

Sun, 23 Mar 2025 22:00:00 +0000

Regulatory obstacles can be significant growth accelerators for fintechs, but they frequently feel like roadblocks. In addition to avoiding penalties, fintech companies that grasp compliance early can grow more quickly, acquire banking alliances, and improve their reputation for security and trust.

The important rules influencing fintech in the US, EU, UK, and MENA are broken down in this article. Important subjects covered include license requirements, AML and KYC compliance, data protection laws, and regulatory sandboxes. Knowing these frameworks will help you scale securely and intelligently, whether you’re starting a digital bank, BNPL solution, or cross-border payments platform.

Offline Applications And Offline First Design: Challenges And Solutions

Sat, 15 Mar 2025 22:00:00 +0000

As a matter of fact, users tend to react negatively to dropped connectivity when using apps. A survey conducted by Appdynamics shows that 86% of Americans polled had removed at least one app from a device due to the unreliable app’s performance. Does the offline-first approach stand a chance to partially address the issue?

In this article we will look primarily at offline first apps and refer to the others for contrast. Besides, you’ll explore what pain points offline first apps address and figure it out whether your app is actually optimized for operating offline.

Governmental Integrations for Fintech Businesses in Saudi Arabia: SAMA, ZATCA, and SADAD Compliance

Thu, 27 Feb 2025 22:00:00 +0000

While expanding a fintech business into Saudi Arabia offers numerous opportunities, it also involves navigating intricate regulatory integrations that can significantly impact your success. With the country aggressively pushing toward a cashless economy and heavily regulating the financial sector, overlooking key compliance requirements isn’t an option.

At DashDevs, we’ve successfully guided fintech projects through SAMA’s sandbox, streamlined licensing in Riyadh, and integrated critical technologies like blockchain to meet compliance needs. Our firsthand experience with mandatory payment gateways, open banking frameworks, and local regulations ensures your expansion is smooth and fully compliant.

Ensuring High Availability and Fault Tolerance In Fintech Applications

Sat, 22 Feb 2025 22:00:00 +0000

The true cost of a mobile app downtime can amount to $9,000 per minute for large organizations. Stakeholders, business owners, and managers, utilize multiple metrics to evaluate the performance of an application, especially with high downtime costs in mind. Two such are high availability and fault tolerance.

In this post, you’ll explore the concepts of high availability and fault tolerance in fintech app development. You’ll find out what they mean for app performance and business as well as how to measure them. Besides, you’ll review expert practices on how to enhance high availability design and improve fault tolerance systems, all manifested in concrete case studies by DashDevs.

Test Automation Frameworks: Choosing the Right One for Faster, Smarter Testing

Sun, 16 Feb 2025 22:00:00 +0000

The pressure to release software faster without compromising quality is higher than ever. Yet, 80% of bugs originate in development, and catching them late leads to costly fixes and delays. That’s why businesses are turning to test automation frameworks—and it’s paying off. 76% of companies report a clear return on investment, with many seeing results in just six months.

However, choosing the right automation testing framework isn’t always straightforward. Should you go with Selenium, Playwright, or Cypress? How do you ensure scalability and long-term maintenance?

Modular Software Architecture In Mobile Development: Pros and Cons

Thu, 13 Feb 2025 22:00:00 +0000

As mobile platforms evolve, mobile software products become increasingly complex. That’s why, in mobile app development, solutions that combine scalability, flexibility, and maintainability are often prioritized. In this regard, the modular software architecture approach deserves close consideration.

In this article, I’ll explore modular architecture, highlight its benefits and drawbacks, and provide practical tips for creating modular apps. Besides, I’ll outline several famous modular apps to reveal how widely used this software architecture is.

Innovations in Mobile Payment Technologies: Opportunities and Challenges

Wed, 12 Feb 2025 23:00:00 +0000

Mobile payment technology in 2025 is developing at a healthy pace as it continues to absorb the AI revolution. Existing tools such as Two-Factor Authentication (2FA) are undergoing transformations to secure new digital payment technologies. Advances in biometric identification are now on the most basic smart phones and increasing security. Contactless payment is morphing into Tap-to-Pay and when tied to innovative payment solutions can change peer-to-peer and small business payments - and client expectations - forever.

Code Refactoring Types, Benefits, and Best Practices | DashDevs

Mon, 03 Feb 2025 22:00:00 +0000

Scalability and efficiency are critical for any growing business, but outdated or badly structured software can slow development, increase costs, and create technical bottlenecks. As systems grow, accumulating technical debt makes it harder to introduce new features, optimize performance, and keep stability. Ignoring these issues leads to slower development cycles, higher maintenance costs, and a system that struggles to support business growth.

This article explores when refactoring is necessary, how it improves efficiency, and the key strategies to ensure it delivers measurable results while keeping your technology adaptable for the future.

Why Python is the Best Choice for Finance Startups

Fri, 31 Jan 2025 22:00:00 +0000

Fintech is a complex and profitable industry that demands quick decisions and modern technology. Often, many features utilized by finance startups require data analysis and pronounced data-driven workflow. Therefore, Python for finance, a programming language with a simple code structure and great data processing capabilities, becomes one of the most prominent choices here.

Over the years, the Python programming language has secured its place in the spotlight and remains there, outshining other technologies. According to the TIOBE programming index, Python’s popularity has only grown over the recent years, so the language is forecasted to be TOP-1 in 2025.

Video Identification in Fintech: How Camera Technology Enhances Your App

Thu, 30 Jan 2025 22:00:00 +0000

Cameras in fintech applications can become a window to new financial freedom. The video identification process can enhance the know-your-customer (KYC) process, allowing it to use algorithms that recognize and verify users a lot faster.

Many business owners have the same view on video identification. This drives the market segment to a quick expansion with a CAGR of 15.29 during the years 2024-2032. The quick growth signifies video KYC as one of the major innovations in fintech for the upcoming years.

How to Conduct an Effective API Regression Testing with Minimum Resources Spent

Thu, 23 Jan 2025 22:00:00 +0000

Regression testing is crucial for high-quality end results, yet it requires a large number of resources. For many business owners, this might be daunting.

In software development, regression testing composes nearly 80% of the testing costs. How do we optimize expenses for regression testing without compromising product quality? That’s the crucial question.

In this article, I will explain regression testing’s meaning, why it is important for businesses, how to accelerate it, and which tools to use to compensate for the lengthy process. So, without further ado, let’s move on to regression testing and its specifics.

ISO 8583: The Essential Standard for Credit Card Transactions

Tue, 21 Jan 2025 23:00:00 +0000

As a fintech leader, you know the stakes: every failed payment, every delayed transaction, and every missed integration with a bank or card network translates to lost revenue and frustrated customers. The solution? Implementing ISO 8583—the standard that powers global card payment systems.

ISO represents an opportunity to create payment systems that operate seamlessly across borders, scale with ease, and foster trust with customers and partners alike. By embracing ISO 8583, you set your business up for innovation, growth, and long-term resilience in a competitive market.

How to Choose Between Cross-Platform Mobile Development and Native App Development?

Thu, 16 Jan 2025 22:00:00 +0000

Currently, more than 60% of all internet traffic comes from mobile devices. This is clear proof that cross platform mobile development is now a priority.

So there are two paths to tread. You can go for native app development, diving deep into the specifics of a single operating system and developing the product separately for Android and iOS. The other is cross platform development, aimed at creating an app that works seamlessly with one codebase across various operating systems.

Guide to Open Banking Integration: All You Need to Know

Fri, 10 Jan 2025 22:00:00 +0000

In a way, open banking becomes an entry point for businesses seeking to integrate with technologies such as real-time payments. By opening companies to more innovative services, open banking quickly gains popularity on the market with a CAGR of over 24.2% during the 2023-2031 period.

In this article, I will build a preface for all other open banking articles in our blog, so you will find a general overview of the concept, trends, and case studies here. This selection of carefully collected information should serve as an introduction to open banking and explain everything you need to know as a business owner. Let’s dive in!

ClearBank API Integration: Benefits for Business and Step-by-Step Guide

Mon, 06 Jan 2025 22:00:00 +0000

Imagine an architect who is ambitious to build an extraordinary skyscraper. But here is the thing: Building such a skyscraper requires getting a full “skyscraper foundation license,” which is extremely time-consuming and expensive. With this fact, building these new experiences for people becomes impossible for this architect. But assume that there is a special solution for such architects — a unique platform that shares its foundation as well as its “foundation license” rights for a reasonable price. That’s what ClearBank offers its fintech clients.

How Real Time Data Transforms Business Operations in Fintech

Sat, 04 Jan 2025 23:00:00 +0000

Imagine approving a loan in seconds or offering personalized financial advice based on real-time behavior—all while staying ahead of fraud threats. Real time processing is reshaping fintech app development, enabling faster decisions and exceptional customer experiences. This groundbreaking technology allows companies to analyze data as it’s generated, ensuring smarter operations and unmatched personalization.

In a world generating 2.5 quintillion bytes of data daily, staying competitive means, among other things, being able to process information instantly. But how does real time data processing work, and what are its real-world applications?

Step-by-Step Guide to Fintech App Development in 2025

Thu, 02 Jan 2025 22:00:00 +0000

Fintech software quickly became an integral part of everyday life for many consumers worldwide due to its convenience and accessibility. More startups are hitting the market each year, with several becoming world-famous Unicorns, making the niche attractive for business owners.

By the end of 2024, around 30,000 fintech businesses had been registered in APAC, EMEA, and the Americas. This number is staggeringly high compared to previous years, up from roughly 26K registered in 2023.

Best Practices for Account Verification Procedure

Mon, 30 Dec 2024 22:00:00 +0000

Nowadays, it’s no surprise that we need to do our bank account verification to make a move in the world of transactions. Iris scanning, facial recognition, smartphone tracking, and other identification methods help fintech players protect stakeholders from fraud.

Fintech giants have succeeded in making banks closer to ordinary consumers. Due to the rise of smartphone applications, the spectrum of account verification possibilities has sufficiently increased to include facial recognition, vocal patterns, and location tracking. In 2023, for example, the global identity verification market size reached USD 10.45 billion.

Fintech Compliance in MENA: Navigating Regulations and Requirements

Thu, 26 Dec 2024 22:00:00 +0000

As a fintech expert and CEO of DashDevs, I understand that the Middle East and North Africa (MENA) region has experienced significant growth in the fintech sector and economic development. The fintech industry in this region is gaining momentum. An increasing number of startups and established firms offer innovative financial solutions. However, with innovation comes regulation. Fintech companies operating in MENA countries must navigate a complex regulatory landscape and security requirements to ensure compliance.

Fintech UX Design Principles: Guide to Effective User Experience

Wed, 25 Dec 2024 22:00:00 +0000

Exceptional fintech UX design is the cornerstone of success and is changing as trends in fintech industry shape the market. Intuitive interactions can build trust, foster loyalty, and drive widespread adoption of their products and services.

Driven by technological advancements in front-end, the fintech industry is experiencing unprecedented growth. For example, the transaction value in both neobanking and digital payments segments achieves the highest value, with the latter reaching a staggering 15.53 trillion U.S. dollars in 2028.

Banking Cybersecurity Challenges: Safeguarding Financial Institutions in 2025

Sun, 22 Dec 2024 22:00:00 +0000

By 2025, the banking industry will continue its rapid progression into the digital era, leaving behind the days when physical visits to a local branch were the norm for tasks like cashing or depositing checks. Today, nearly all transactions can be conducted online via a bank’s mobile application or website, making data security in the banking industry a critical concern.

A recent survey by the Financial Services Information Sharing and Analysis Center (FS-ISAC) reveals that 89% of financial institutions increased their cybersecurity budgets in 2024 and beyond, underscoring the urgent need to address ever-evolving cyber threats. Despite the implementation of advanced security measures, cybercriminals’ growing sophistication demands constant investment and innovation in cybersecurity.

How To Make A Mobile Friendly Website

Sat, 14 Dec 2024 22:00:00 +0000

Studies highlight the significance of mobile devices in everyday use since over 17.72 billion such units are distributed worldwide. Today, mobile devices are accountable for nearly 60% of all global internet traffic on average and can reach up to 80% in KSA and other developed regions. These facts alone make mobile-friendly design crucial for user experience on websites. That’s why it’s absolutely essential for leadership as well as tech specialists to be well-versed with the best mobile-friendly website practices.

Fintech Trends 2025: What Businesses Should Expect

Thu, 12 Dec 2024 22:00:00 +0000

Fintech is hitting a new gear in 2025, and the stakes have never been higher. AI is set to revolutionize back-office operations, quantum computing will redefine security, and Central Bank Digital Currencies (CBDCs) are about to shake up global finance. These aren’t just trends—they’re the future.

In this article, we’ll explore what these trends mean for businesses, how they’re set to transform the financial landscape, and what you can do to stay ahead. If you’re ready to adapt, innovate, and lead, you’re in the right place. Let’s dive in.

How To Avoid Vendor Lock-In Traps

Wed, 11 Dec 2024 22:00:00 +0000

Vendor lock-in is a significant business risk that affects various industries. In IT, it often occurs when a company becomes overly reliant on a specific software provider, such as for cloud computing or CRM. This reliance can lead to escalating costs, diminished performance, and increased security vulnerabilities over time, as the infographic below reveals. When you do standardize on a cloud, pick services deliberately — see Accelerate Time to Market with AWS services. For a CRM build that stayed scalable instead of locked, see our Tico scalable CRM platform case study.

Mastering Inclusive Design & UX Accessibility: A Guide to Equitable Digital Experiences

Tue, 10 Dec 2024 22:00:00 +0000

Did you know that 1.3 billion people worldwide — 1 in 6 of us experience physical disabilities, making it difficult for them to use mobile devices? That’s a vast portion of the population. However, many digital products still fail to meet their special needs. For businesses in the fintech domain, this represents not just a challenge but an opportunity to create equitable, inclusive experiences that serve everyone.

In this article, you’ll explore:

How to Submit an App to App Store for Review and Avoid Apple Store Rejections?

Thu, 05 Dec 2024 22:00:00 +0000

In the age of mobile-first development, the question of how to submit an app to the App Store has become increasingly important. The App Store’s strict standards and mark of quality for applications submitted there push business owners to learn more about this process.

More so, the App Store recently outmatched the Google Play Store in revenue. Thus, in Q2 of 2024, gross profits generated by the Google Play Store amounted to USD 11.2 billion, whereas the App Store reached 24.6 billion.

How to Start a Business in Saudi Arabia and Navigate the Market

Tue, 03 Dec 2024 22:00:00 +0000

Saudi Arabia has a growing IT market for those looking to expand their horizons, scale a business, or start a project aimed at the needs of the country’s residents. The prospects of the market are alluring, with a variety of opportunities and quick growth. And so, Saudi marketing has its own specifics.

In this article, I will highlight the following points:

Saudi Arabia market overview
Competitive analysis
Process of choosing the right marketing channels and strategy for each of them
Marketing funnel
KPIs measuring
Monetization strategy

My goal is to help you figure out Saudi marketing and learn about starting a business in Saudi Arabia. Let’s get started!

Fintech Saudi: A Guide to Software Development for Foreign Companies in KSA Region

Sat, 30 Nov 2024 22:00:00 +0000

The Kingdom of Saudi Arabia (KSA) is witnessing an unprecedented tech boom with its Vision 2030 initiative. Last year, Saudi Arabia gained more than half of startup investments in the MENA region, attracting $2.3 billion in funding across 145 deals. That’s more than half the region’s $4 billion startup investment total and represents a staggering 160% year-on-year increase, according to research network Wamda.

Thus, KSA presents a unique opportunity for foreign companies, particularly those in fintech. But breaking into the Saudi market requires more than ambition—it demands a deep understanding of the local landscape and a strategic approach to software development.

AI Customer Service Solutions as Front-End Innovations

Sat, 16 Nov 2024 22:00:00 +0000

AI gradually shifts from an innovation to something most users are accustomed to in their everyday lives. However, some aspects and examples of AI customer service solutions can still help your business become a pioneer.

According to a HubSpot report, in 2024, over 84% of CRM leaders see AI as an instrumental tool for interacting with clients. The same report mentions that over 71% of respondents are planning to expand their investments in AI in 2024.

How to Hire a Software Architect: Key Skills and Qualities to Look For

Tue, 12 Nov 2024 22:00:00 +0000

Software architecture is key to project success, with studies showing that poor architecture contributes to a significant portion of project failures. According to ResearchGate, over 60% of software failures are linked to inadequate architectural planning. Effective architecture ensures scalability, flexibility, and performance while reducing risks, streamlining communication, and enabling future growth.

In this article, I’ll explain what defines a great software architect, how to hire a software architect, and why investing in the right specialist is so important. Whether your company is a large enterprise or SMB, the correct architect could make all the difference.

How to Start An Ecommerce Business in 2025: Everything You Need to Know

Tue, 12 Nov 2024 22:00:00 +0000

“E-commerce isn’t the cherry on the cake, it’s the new cake.” — Jean-Paul Ago, CEO of L’Oréal.

Financial technology is the hero contributing to this e-commerce boom. It ensures that online purchasing is not feasible but a seamless experience for users with the possibility to make purchases in just a few clicks.

Experts predict that the e-commerce market will generate 1.2 trillion U.S. dollars in revenue in 2024. So, the potential to reap the benefits of distributing the products and solutions in the niche is vast.

Data Driven Design: Analytics to Enhance UX and Business Outcomes

Fri, 08 Nov 2024 22:00:00 +0000

Imagine releasing a feature that you’re sure users will love, but only to see a huge drop in its use. This is the truth for many, and in today’s digital market, it’s a mistake that costs a lot. I’ve witnessed this problem solved by one powerful shift: data-driven design.

Data driven design is about using real user data to create experiences that stick with people. By focusing on data, we can improve products that not only attract people’s attention but also provide business benefits.

The Go-To Guide to Navigating DORA Requirements in EU

Sun, 03 Nov 2024 22:00:00 +0000

Maintaining system security and resilience becomes even more crucial as technology propels the financial sector ahead. That’s where the recently approved Digital Operational Resilience Act (DORA) finds application. Starting in January, DORA imposes rigorous guidelines to guarantee that financial institutions all throughout the EU can resist digital disruptions and cyberattacks.

What does this mean, though, for your company? Whether your field of expertise is leadership, compliance, or fintech, keeping ahead depends on knowing DORA process. This control will change the way financial services handle their digital infrastructure; hence, strong security and resilience are needed.

Mastering Integration Testing: The Key to Flawless Product Development

Wed, 30 Oct 2024 22:00:00 +0000

From a certain point of view, software systems are like neighbors who don’t know each other and, therefore, have trouble getting along. Integration testing is exactly what can help here. It serves as the binding agent, enabling the many parts of a software ecosystem to function as a unit. In fact, 65% of defects detected in the testing phase are related to integration issues, highlighting the importance of robust integration testing

Guide to Application Development Outsourcing

Wed, 23 Oct 2024 21:00:00 +0000

Application development outsourcing is one of the best ways to ensure that you have a budget-friendly yet high-quality software development service. Many companies around the world turn to nearshore or offshore add development outsourcing, hiring teams or specialists to deliver solutions that would enable their business to thrive.

For example, in 2023, the global outsourcing spending rate hit USD 731 billion annually, with 92% of GT2000 companies getting IT outsourcing services. This method is not foreign to smaller or bigger companies, as it brings financial comfort from not having to hire an in-house team.

Multi-Tenant Architecture as the Future of Fintech Innovation

Sat, 19 Oct 2024 21:00:00 +0000

Multi-tenant architecture is something undoubtedly powerful that can hold the future in its grip. Every time I have to think of a new application that has complex architecture and needs a quick and scalable architecture, multi-tenancy is the first solution that comes to my mind. I’ve worked with fintechs, telecoms, and other projects that can benefit from such an option, and I feel obliged to explain how multi-tenant architecture can change your business.

Software Development for Fintech in 2024: In-House vs Outsourcing

Thu, 17 Oct 2024 21:00:00 +0000

Development always starts with choosing the right approach, and in-house vs outsourcing development is one of the very first considerations here.

The global IT services outsourcing market size was estimated at $342.6 billion in 2023, and it is expected to hit around $770,98 billion by 2032. So, the huge popularity of outsourcing is obvious. But does it make the outsourcing collaborating model a better pick over in-house development?

In this post, you’ll discover the key specificities of outsourcing vs in house collaboration models, including their advantages and limitations. Besides, you’ll review their comparison by a range of crucial factors and will get to know how to choose the best-suited model for your project with ease.

Why You Should Migrate to Jetpack Compose in Your Android App

Tue, 15 Oct 2024 21:00:00 +0000

Mobile app development is a vivid example of a promising but demanding market. Stats reveal that the number of mobile app downloads has reached 257 billion and is increasing, while annual mobile app spending also shows a positive trend.

However, do you pay attention to how many users abandon mobile apps by deleting them? Such statistics are no less impressive. At the end of 2023, the Android app uninstall rate ranged from 47% in the US and UK and 53% in France and Germany to nearly 59% in India and 62% in Brazil and Indonesia. In this article, I will touch on the UI of Android mobile apps since it is essential for improving the user experience and retention rate.

ACH vs Wire Transfer: Differences and What to Choose

Fri, 04 Oct 2024 21:00:00 +0000

Back in 2022, SWIFT, a write transfer network, reported processing 42 million financial transactions daily. At the same time, over the year 2022, the ACH network processed more than 30 billion transactions.

As you can observe, both payment methods are popular. However, which one should you adopt as a business that sends or receives payments or, as an alternative, provides such an opportunity to your customers? Well, let me shed some light on the topic and figure it out together. Maybe, at the end of the day, the right call is to have both options available.

Website Performance Optimization Through Mobile First Design and Other Strategies

Wed, 02 Oct 2024 21:00:00 +0000

If you have a stable connection to high-speed mobile Internet, this page loads on your mobile device in 1 second. Are you or your own website visitors willing to wait longer to access content? However, our team did not test the visitors’ patience, and by using a mobile first design, we ensured fast loading and comfortable viewing of this web page. Also, we constantly monitor website performance and take measures to minimize the risk of inconvenience to users.

A Discovery Phase: How To Run It Wisely For Your Software Product?

Mon, 30 Sep 2024 21:00:00 +0000

A Discovery Phase: How To Run It Wisely For Your Software Product?

One of the most crucial components of software development is the project discovery phase. This element of the process noticeably enhances your chances of risk mitigation and enables businesses to avoid scope creep — and to escape process bureaucracy that slows product decisions. Altogether, the project discovery phase is a sure way to avoid overstepping your budget or deadlines.

KYC: How to Avoid Fraud in Fintech App

Thu, 19 Sep 2024 21:00:00 +0000

Despite the many positive experiences financial software can bring and the profits it can generate, the best way to eliminate its biggest downside has yet to be invented. People are ready to give financial institutions or branchless banks their money without visiting the official branch. On the other side, banks are ready to open an account for a person they have never seen before. The risk from both sides is enormous.

How to Choose Software Development Methodology for Your Business

Tue, 17 Sep 2024 21:00:00 +0000

I’ve been working with software development for over 20 years now and often talk with customers about software development methodologies. It’s a common misconception that one could launch a product without software methodologies at all. While I believe this might be true, it only works for certain projects, and there are risks connected to it.

For example, over 47% of software projects are not delivered on time, because of poorly set directives, and that’s a frequent risk if you decide to go further without any methodology. In my hands-on practice, I’ve worked with projects that required Waterfall and Agile methodologies, and with all the confidence in my heart, I can claim that those projects were as different as possible.

The Revolution of Fintech in Healthcare Industry

Mon, 16 Sep 2024 21:00:00 +0000

Over the past years, the healthcare industry has notably digitalized. With about 2 billion users in the global digital health market health and medtech apps and platforms have a huge potential to distribute services. That’s where fintech, as a banking and payment-focused niches, comes into light, revolutionizing the existing approaches to providing healthcare services online.

In this post, you’ll explore the nuances of the inclusion of fintech in healthcare platforms and applications. Besides, you’ll find out where fintech and medtech collide and review benefits as well as use cases of financial solutions in healthcare.

Guide to Embedded Software in Business

Sun, 08 Sep 2024 21:00:00 +0000

Although embedded software’s biggest contribution remains unseen, as it is most likely invisible to regular users’ eyes, it enhances automation, customer experience, and safety. The way this type of software links to hardware, to create wired and high-functioning systems is truly revolutionary for the modern tech world. And data proves it!

The global embedded software market reached USD 15.26 billion in 2023 and is expected to grow to USD 29.51 billion by 2032, with a CAGR of 7.6%. The notable growth was prompted by breakthroughs in technological advancements, such as artificial intelligence and IoT, and the quick expansion of solutions, such as smart homes. The growth is evident and partially connected to the global digitalization of businesses.

ChatGPT for Fintech: How to Use ChatGPT in Banking

Tue, 03 Sep 2024 21:00:00 +0000

Artificial intelligence (AI) has changed the financial services industry, with applications in investment banking, insurance, wealth management, and more. One of the most promising AI tools for investment banking is ChatGPT, which already has more than 180 million monthly users.

This generative pre-trained transformer language model can be used to provide virtual assistants for customer service and support. Chat by Open AI can handle complex financial goals and investment decisions and improve real-time responses to customer inquiries.

A Digital Ledger: How To Transform Your Financial Product With It?

Mon, 26 Aug 2024 21:00:00 +0000

As of 2024 and most likely beyond, having a centralized ledger as your primary database and reporting solution is hardly effective. The fintech market is heading towards decentralization and a blockchain-based model of collaboration and asset exchange. And other industries don’t fall behind significantly. So, let’s pay some attention to an alternative solution — a decentralized ledger technology (DLT).

Let’s begin familiariation with DLT and its usefulness by looking at the stats. The DLT industry is predicted to reach $228.31 billion by 2028, registering a CAGR of 62.5% during the anticipated period. Considering that back in 2020, the market was capped at $4.7 billion only, the tendency towards digital ledger utilization is extremely solid.

Embedded Finance: Step-By-Step Guide

Sat, 24 Aug 2024 21:00:00 +0000

Embedded finance is becoming increasingly important for the whole digital industry. Fintech elements can be found nowadays in nearly every application, from the gaming industry to e-learning. So, in this blog post, I will focus on the part of the process that interests every business owner: the implementation.

Embedded finance, like any digital product or feature, is an investment. Still, it is an integral part of retail software or any product that involves funds transfer, such as buying items or paying for services.

Pay by Bank and What You Can Gain from It

Wed, 21 Aug 2024 21:00:00 +0000

How do payments work in your business? Your customers find what they prefer among your products and services. However, will they find a preferred payment method among your company’s supported methods?

Studies show that businesses that offer multiple payment options increase revenue by nearly 30 percent. In turn, companies that accept four or more payment options increase their revenues several times! More than a third of small business customers left without a purchase just because the store did not accept payments in the forms they are used to.

AI Opportunities in Banking and Payments

Sat, 17 Aug 2024 21:00:00 +0000

Today’s banking and payments industry is being rapidly reshaped by artificial intelligence, as advanced algorithms and machine learning allow businesses to achieve better results. Financial institutions can enhance customer experiences and mitigate risks faster and more efficiently. The integration of AI is transforming how banks and payment processors function, promising to revolutionize the industry.

According to the CITY GPS report, the technology can upscale global banking profits up to $2 trillion by 2028, driving the industry to a 9% increase. This growth is fueled by the increasing volumes of data generated by financial transactions, which AI can analyze to extract valuable insights.

How Lending as a Service (LaaS) is Enhancing Your Fintech Product

Thu, 08 Aug 2024 21:00:00 +0000

Lending as a Service (LaaS) and Enhancing Your Fintech Product

Lending as a service, more commonly known as LaaS, is one of those solutions that have all the cards dealt to bring up a digital revolution in finance. Previously, taking a loan was a notorious, rigorous process of endless queues and document verifications. Now, with digitalization, lending can take up from a few moments to a few seconds due to a robust KYC process and automation. Hence, users prefer faster operations, and it becomes a necessity for businesses to implement quicker processes into their workflow.

Cybersecurity Incident Response Plan: Preparing for the Unwanted

Wed, 07 Aug 2024 21:00:00 +0000

The world is in the era of an alarming rise in cyber risks. Government officials warn that losses from cybercrimes will grow more than 2.7 times from 2022 to 2027. International institutions call cyber incidents a threat to global financial stability.

Are you aware that 83% of organizations that suffered from a data breach in 2022 experienced such incidents more than once? As it turns out, the question is not whether you will ever experience a cyber incident but how you will act when it does happen.

Real-Time Payments Explained: Benefits For Business

Sat, 27 Jul 2024 21:00:00 +0000

Real-time payments and instant payments have come a long way from being an additional feature to a must-have opportunity that customers from around the world expect to have in the application they use. With clients’ patience cutting shorter, the average payment transaction time is also running shorter. Nowadays, for satisfactory service, banks, fintech, digital wallets, and every other app connected to digital finance need to have a competitive edge, and speed is a very nice way to achieve it.

How To Scale Your Business Solution Using Cloud Technologies

Tue, 23 Jul 2024 21:00:00 +0000

In a cloud-based environment, you typically have to scale your data requirements up or down depending on your company’s demands. This flexible approach is one of the best ways to manage changes in workload on your website.

Statistics show that 75% of tech leaders are building new features in the cloud. Moreover, 50% of IT organizations worldwide are cloud-native or cloud-enabled. Besides, about 71% of companies have a central cloud team or a cloud center of excellence (CCOE). The impact of scalability in cloud computing is apparently vast.

Is Biometric Authentication a Revolution in Fintech Security?

Wed, 17 Jul 2024 21:00:00 +0000

Biometric authentication is on the rise in 2024, with many digital finance companies and service providers claiming it for their business. For example, according to The Coolest Gadgets, worldwide revenue from the sales of biometric authentication systems reached roughly $15.1 billion in 2023.

In this article, I seek to explore what biometric authentication means for fintech businesses in the smaller segment. I will look at biometric authentication as a phenomenon that shapes the industry’s trends, its importance, examples, and application, and briefly discuss the KPIs for its implementation.

How to Create an Effective Go-to-Market Strategy for Your Tech Product

Sun, 14 Jul 2024 21:00:00 +0000

Crafting a clear plan for entering the market is easily one of the most impactful things a startup can execute to get closer to success.

Report by Gather evidence that 83% of companies have a dedicated team or a role responsible for creating startup company marketing strategy. Besides, 85% of the organizations report that their go-to-market strategy was very or somewhat effective at driving revenue and/or achieving business objectives. It clearly shows the high importance of go-to-market strategy in business.

DORA Metrics: Transforming Your DevOps Team into High Performers

Thu, 04 Jul 2024 21:00:00 +0000

Many companies have successfully implemented DevOps practices in their software development cycle. DashDevs is no exception. Thanks to DevOps, we conduct an efficient development process and ensure the software works smoothly in production.

DevOps eliminates such cases as “it works locally for me, and I don’t know why you cannot launch it in production.” This is because the operations and development staff work closely at all stages of the SDLC and address any issues promptly.

DevOps as a Service: Transforming Your Business Infrastructure

Wed, 26 Jun 2024 21:00:00 +0000

Software projects often suffer from an inefficient product development cycle. The major bottlenecks occur during code changes, testing changes, and deployment. The lack of coordination among team members leads to missed project deadlines. This results in client dissatisfaction and a loss of trust in the development team.

DevOps, or development and operations, allows you to set up a smooth software development process. It automates the software assembly, configuration, and deployment and helps avoid downtimes between project phases.

Managing Bank Fraud and High-Risk Customers: A-Z Guide

Sat, 15 Jun 2024 21:00:00 +0000

Modern banks handle a variety of financial transactions. They deal with a huge number of money flows and enormous money volumes. It is no surprise that banks have become prime targets of fraudulent activities. Impressive $10bn loss was reported because of fraud in 2023 with nearly 1 in 5 people affected by the imposter scam.

A serious problem for banks is that modern criminals are highly tech-savvy. They actively use the latest technologies to access user data and money. Considering this, financial organizations must look for advanced methods to prevent banking fraud.

What are Account-To-Account Payments?

Tue, 11 Jun 2024 21:00:00 +0000

Running an online business demands constant adaptation to new market trends. Suppose your business involves receiving payments for goods or services. In that case, you’re likely familiar with the challenges linked to traditional bank cards, transferring money, delays, and intermediary service fees.

With the age of cash transactions fading, there’s a growing need for a modern and effective choice, and this solution claims to be the one.

Recent research predicts a remarkable 80% surge in non-cash payments by 2025. For businesses not offering cashless options, this could mean losing customers or even shutting down in the near future.

When and Why to Use Node.js

Sun, 09 Jun 2024 21:00:00 +0000

Node.js has become a popular choice in the fintech industry because it allows handling real-time data processing, high scalability, and fast performance.

According to the 2023 Stack Overflow Developer Survey, Node.js is used by 42.37% of professional developers. Besides, Node.js is involved in the development of as much as 85% of web applications, making it one of the most popular technologies.

In this post, you’ll discover the basics of JavaScript Node, including its components and architecture. You’ll find out what Node.js is used for, discover its indications of real-life software products, and understand what development and business benefits it has to offer.

Software Outsource vs Product Development: How to select the right collaboration model

Sun, 02 Jun 2024 21:00:00 +0000

When it comes to creating an application, businesses have two main options: software product outsourcing or product development services.

These models serve different purposes and are used on different types of projects.

Below, I provide detailed information about what product development outsourcing and software product development are and how they differ.

I also give clear recommendations on which model will suit you best.

What is outsourcing development?

Outsourcing development is a model in which you delegate certain software development work to a third-party software product development company.

How to Build a Crowdfunding Platform?

Wed, 29 May 2024 21:00:00 +0000

Crowdfunding has been a trend for quite some time, and it doesn’t come as a surprise. This fund-gathering model has helped tens of thousands of startups, small businesses, and independent inventors raise millions of dollars for their projects. Among other things, crowdfunding is a promising business model, which can be monetized, this way offering not only social impact but monetary benefits to crowdfunding website owners.

In this post, you’ll discover how a crowdfunding business works and makes money. Besides, you’ll review the core features of crowdfunding websites, and understand how to create a crowdfunding platform step-by-step.

How to Develop a Secure Neobank Like Revolut

Mon, 27 May 2024 21:00:00 +0000

Developing a neobank upon an existing framework is both a time and cost-effective approach. Yet, it makes an app dependent on the functionality and security protocols the framework has in place. That’s why careful consideration of security measures and comparison of neobanking platforms on the market by this factor is a must.

In this post, you’ll discover how to establish fintech mobile app security and what are the consequences of not having strong security measures in place. Moreover, you’ll explore the comparison of Revolut and a Fintech Core-based mobile neobanks by the security protocols they have in place.

Jailbreaking iOS device. Tech approach and how it impacts business

Sat, 25 May 2024 21:00:00 +0000

iPhone and iPad users often look for ways to expand the functionality of their devices beyond what Apple allows. In particular, they want to download applications that are not available in the standard App Store and customize the look of their device.

Jailbreaking allows them to do this.

What is jailbreak? It is the way to gain access to the file system and device manager. As a result, users can reset predefined settings and customize their device as they like.

How to Create an Admin Panel With a React Framework

Fri, 17 May 2024 21:00:00 +0000

Modern-day websites increase in their complexity day to day. To operate them effectively, companies need better instruments to manage content and user data. Admin panels are a core website software that grants such necessary capabilities, so putting them to use is beneficial.

In this article, you’ll discover what are admin panels and why it’s often preferred to use React frameworks to develop them. You’ll also see the comparison of top React frameworks and explore the Refine framework as the developers’ choice.

Plaid’s Legacy In The Fintech Industry: Insights, Value, And Security

Thu, 09 May 2024 21:00:00 +0000

As of 2024, there are almost 30,000 notable fintech startups worldwide. No wonder that nowadays, launching a fintech startup is one of the lucrative ways to enter the market. While fintech product ideas are many, lots of them involve handling customers’ financial data. If you’re not well-versed in integrating various banking solutions into your future product, you will need an intermediary that can empower your app to handle customers’ data in a secure way.

Tandem BA and Designer at the Discovery Phase for a Better Project Start

Tue, 30 Apr 2024 21:00:00 +0000

Every software development project can be likened to a journey. The way this journey begins sets the tone for all subsequent events.

Consider, for instance, going on vacation and finding your hotel room dirty and untidy. It is likely that your mood will be ruined, and the rest of the vacation will not bring the expected joy. However, if your expectations regarding accommodation, service, weather, and prices are met, then the rest of your vacation will be in a great mood and will leave pleasant memories for a lifetime.

App Scaling: How to Navigate the Challenges of Growth

Tue, 09 Apr 2024 21:00:00 +0000

Almost 50% of potential users will leave your site or app if it takes longer than two seconds to load, and they are likely to not come back.

When the user base grows, your servers might struggle to keep up with the increased demand and high traffic. Your business could suffer if the current IT resources cannot help the sudden growth from 10,000 users one day to 100,000.

That’s when you need to consider the application scale methodics. This concept is about adapting and growing scalable applications to handle more users and traffic. This article covers the direct, practical methods of scaling, essential techniques to bolster your app’s infrastructure, and strategies to manage increased traffic without lag or downtime. It’s designed to help you scale your app to meet user demand seamlessly and sustain your application’s performance under pressure.

Team Augmentation Strategies: Complete Guide for Businesses

Wed, 03 Apr 2024 21:00:00 +0000

The market for IT outsourcing is experiencing rapid growth, with its global value reaching $525 billion in 2022 and projected to reach $1,149.24 billion by 2032. Alongside this growth, businesses are realizing the advantages of team augmentation as a useful strategy to handle their workforce needs and improve their project capabilities.

Staff augmentation involves hiring skilled professionals to supplement your existing team temporarily. This method gives you access to a larger talent pool and allows you to select specialists tailored to your business needs, ultimately saving resources.

Five Trends That Will Reshape Wealth Management in 2024

Thu, 28 Mar 2024 22:00:00 +0000

The success of the wealth management sector is based on direct human contact. When dealing with high-net-worth clients, wealth managers must go beyond basic financial knowledge to truly empathize with their client’s unique situations and goals. To keep pace with today’s world, wealth managers need to embrace innovative technologies and concepts that foster personal connections.

Over the past few decades, the sector has expanded along with the global economy, with a forecast to reach $128.90tn in 2024. Thanks to advances in AI, cloud computing, and smart automation models, wealth managers can expand their operations without negatively impacting the quality of service they provide to their existing clients.

How to Quality Control a Product?

Sun, 24 Mar 2024 22:00:00 +0000

Imagine walking into a local shop and seeing every item of clothing in the same color and size. That is practically a characterization of software that was never tested. It either fits your demands (by chance) or it’s absolutely worthless.

The goal of creating a software product is to meet a wide variety of demands, that is why quality assurance is becoming a key focus in the development budget, with around 40% of the total cost allocated to it.

What is Green Fintech and How It Relates to Sustainable Development

Fri, 15 Mar 2024 22:00:00 +0000

According to recent data from Global Market Estimates, the global green fintech market is expected to increase by 22.4% annually from 2024 to 2029. A mix of technology and finance, which is called green fintech, helps the planet and promotes sustainability.

Before we explore this topic, let me introduce myself. I’m a software engineer with six years of experience. I lead the Node.js development team at DashDevs, a company known for its expertise in fintech development services and Fintech Core by DashDevs, a white-label product for fast developing digital banking solutions.

Hiring Developers in Ukraine: How is It a Good Idea?

Wed, 13 Mar 2024 22:00:00 +0000

For the last 5 years, Apple, Google, and Microsoft have all been hiring developers in Ukraine because of programmers’ high-level IT and English skills, similar cultures, and time zone convenience.

According to SkillValue, Ukraine ranks 5 among the world’s top countries with the best programmers and an average score index of 93.17%. Besides, the Global Sourcing Association even named Ukraine the “delivery destination of the year” back in 2021. Ukraine has the third-highest number of certified IT specialists in the world, and many of them are experts in a wide range of cutting-edge technologies.

How Static Site Generators Can Transform Your Business

Fri, 08 Mar 2024 22:00:00 +0000

Many companies lose over 40% of website visitors if their site takes more than 3 seconds to load. To address this issue and other potential concerns in website development, I’ll introduce you to a solution: static site generators (SSGs).

Throughout this article, I’ll explore SSGs, their suitability for various needs and businesses, functionality, and the distinctions between static and dynamic websites. By the end, I aim to provide you with the knowledge necessary to make informed decisions in website development, ultimately saving you time and money while achieving the desired outcomes.

Payment Tokenization: How Does Tokenization Work

Wed, 06 Mar 2024 22:00:00 +0000

Payment processing is integral to the entire business operation. Over the last few years, businesses worldwide have lost over $33.4 billion due to financial fraud. With the increase in the number of fraud methods and cases, it’s becoming more and more important to secure funds and sensitive billing details from being stolen.

In this post, you’ll discover fundamental aspects of tokenization, learn key value-adding benefits of payment tokenization, discover the actual payment processing flow when tokenization is involved, and review major payment tokenization examples.

Trends 2024: Financial Services Industry Overview

Wed, 06 Mar 2024 22:00:00 +0000

The adoption of digital technologies in financial services is gaining momentum. The convergence of customer demands, technological advances, and government choices will significantly impact the direction of the financial industry market trends in 2024.

The financial services market is projected to grow from $25,848 billion in 2022 to $37,484 billion in 2027 at a CAGR of 7.5%. The pace at which the industry is growing is impressive, and businesses in the niche have to keep up with the tempo by implementing the latest technologies and following the major trends.

Finovate Europe 2024: Fintech Event Overview

Fri, 01 Mar 2024 22:00:00 +0000

Finovate Europe 2024, a dynamic fintech conference London, on February 27th and 28th, brought together key financial industry players. Over two days, attendees gathered to explore the latest innovations shaping the future of finance. With its reputation as Europe’s premier fintech conference, the event attracts industry leaders, visionaries, and disruptors from around the globe. From seasoned executives to bold entrepreneurs, each attendee brings with them a passion for innovation.

At Finovate 2024, the mission is clear: to accelerate growth through impactful connections and curated insights. Let’s see what the conference is all about and why it’s worse attending such events!

Tips to Choose the Right Software Development Agency for Your Project

Mon, 26 Feb 2024 22:00:00 +0000

Developing a digital product demands careful selection of the right partner. While it may seem simple to search for a “software development agency near me” and gauge its suitability based on its website and past projects, the reality often calls for a more cautious approach.

Proper preparation is critical to find an agency software development that fits your needs. Don’t overlook a crucial step many business owners often forget: asking questions.

What is Marqeta? Everything You Wanted to Know About Marqeta Inc.

Sun, 25 Feb 2024 22:00:00 +0000

So many talks have been recently heard about Marqeta Inc. and what it exactly does, and that’s already happening a decade after its appearance in the finance industry and the market. So, we’ve decided to develop a condensed version of the company’s origin, services, pricing, clients, values, and plans. All of this is gathered below for you to get this topic straight and have no questions anymore.

Founded in 2010, this California-based company has been valued at $18.0 billion. Compared to the other top fintech companies, which mainly concentrate on wallets or payment tools, the company has shortened the distance between businesses because of Marqeta card issuing. That’s why it rocks among clients and evokes other financial firms’ desire to build partnerships. But everything is more complicated than it looks at first glance.

How Behavioral Finance & Customer Experience Drive Fintech in 2024?

Fri, 23 Feb 2024 22:00:00 +0000

Understanding behavioral finance gives fintech companies a competitive edge! How do they do it? By using customer feedback and applying the most effective customer experience techniques. For initiative-level examples, see Fintech Initiatives for Customer Experience.

We’re all driven by emotions, especially when it comes to money. Just like you, I enjoy seeing my card balance grow and feel uneasy when it falls. But beyond the numbers, what really connects us with banking apps is the feeling we get when checking our balance and managing our finances. By building a product that meets user needs and emotions, your business can grow quickly and offer innovative solutions.

A Guide to Integrating ML into Fintech Business: Cases and Applications

Mon, 12 Feb 2024 22:00:00 +0000

Innovative AI and ML technologies disrupt conventional fintech and raise additional challenges and opportunities for businesses in this niche. Business owners are now naturally curious about how they utilize machine learning in finance to their company’s benefit, and whether ML can offer a good return on every dollar invested in it.

McKinsey’s report shows that about 55% of businesses worldwide have already adopted AI and ML in at least one of their everyday operations. The prospects are that the percentage of innovation-first companies, as well as the number of operations enhanced with ML, will rise gradually during the next several years.

How Google Pay Android Integration Can Boost Your Business

Sun, 11 Feb 2024 22:00:00 +0000

If you have a fantastic product that you’ve invested time, effort, and money into, but it’s not selling as expected — don’t overhaul it or give up on your business. The lack of sales and profits might not be related to the product.

For instance, if you notice that customers are adding your product to their basket but not completing the purchase, the problem may be hidden in the absence of an easy purchasing and payment method rather than the product itself. Enhancing the payment experience with a user-friendly option like Google Pay can significantly improve your sales performance.

Mastering Mobile Banking App Development: Complete Guide

Tue, 06 Feb 2024 22:00:00 +0000

Customers used to have to physically visit a bank during business hours to perform even the most basic banking tasks. Now, they can benefit from convenient mobile banking apps. The same mobile-first build discipline shows up outside banking too — see our innovative transportation app case study. The decision will naturally be based on how well the mobile app meets their needs.

More than 69% of banked households use mobile banking services as their primary method to access bank accounts. This means that mobile banking is predominant compared to conventional banking. The only question is: how to reap the benefits in the competitive and specific niche of mobile banking?

How to Scale Fintech Internationally

Mon, 05 Feb 2024 22:00:00 +0000

Constant scaling is how a fintech startup manages to keep up with the tempo in the industry. Going global is probably the most challenging part of the scaling strategy and must be approached wisely. But answer yourself: are you willing to put an effort and investment into scaling to potentially multiply your revenue? If so, this article can your your starting point.

South America, Asia, and Europe are home to the 10 biggest fintech hubs. Do your startup have what it takes to conquer them all?

Beyond Traditional Methods: Using Machine Learning Against Financial Fraud

Sun, 04 Feb 2024 22:00:00 +0000

In the modern day, financial fraud is incredibly widespread. While customers are at risk of being scammed, businesses that fail to establish fraud detection and prevention systems risk their reputation and can be subject to penalties, and in some cases, C-level of companies can be criminally liable.

Statistics reveal that business losses because of online payment fraud were estimated at $48 billion in 2023. At the same time, the report by ThePaypers provides that 91% of merchants and 62% of financial technology companies expect a significant or slight increase in the performance of machine learning models for fraud detection. The report also stated ML to be the most potent technology in the matter of fraud detection and prevention, followed by strong authentication.

ISO 20022: Transforming the Financial Industry with Standardized Messaging

Fri, 02 Feb 2024 22:00:00 +0000

The adoption of ISO 20022 brings to mind the tale of the Tower of Babel, but with a twist — instead of confusion, it’s about creating a unified language. No matter how brilliant your idea, years of effort can go to waste if your team communicates in different languages, just like people in Babel. However, imagine a scenario where everyone communicates in the same language and understands each other seamlessly.

DashDevs Acquires ITOMYCH STUDIO, Expanding Its Global Footprint in the Fintech Industry

Sat, 20 Jan 2024 22:00:00 +0000

In a significant move that marks a new chapter in the fintech sector, DashDevs LLC, an international software development company with offices in the USA, UK, and Europe, has announced its acquisition of the Ukrainian outsourcing company ITOMYCH STUDIO.

This strategic merger brings together two formidable forces in the technology sector, set to revolutionize fintech innovation and market presence globally.

A Synergistic Union for Broader Market Reach and Enhanced Innovation

Founded 13 years ago, DashDevs has been a pioneering force in software development for fintech startups and banking institutions across the UK, USA, EU, and the MENA region.

How to Use Serverless Architecture

Thu, 18 Jan 2024 22:00:00 +0000

Serverless architecture for apps is steadily transforming cloud-based software development. It has become popular for fintech developers and CTOs looking to simplify their tech stack. The technology offers rapid development and deployment of applications while saving resources and without compromising the end app quality.

The serverless architecture market exceeded $6 billion in 2022 and is predicted to grow further at a CAGR of 25%, which is an incredibly impressive rate. It means that this type of software architecture has become more prevalent for crafting apps.

White Label Solutions Vs. Custom Development Services: What to Choose

Tue, 16 Jan 2024 22:00:00 +0000

Digitalization is a costly and lengthy process; this is true. Because of this, many business owners face a complicated choice between buying software private label or white label solutions or investing in the tailored precision of custom development.

In this article, I want to highlight the unique attributes, applications, and considerations that should guide your decision-making process.

Why Is It Important to Choose the Right Path for Business Development?

Making such a choice can impact a company’s operations, scalability, and long-term success. Each path holds distinct advantages and potential pitfalls, necessitating a thorough understanding of the nuances involved.

Choosing Your BaaS Provider: A Comprehensive Checklist

Sun, 07 Jan 2024 22:00:00 +0000

For many, finding the perfect match between their business needs and a BaaS provider to cover them can be daunting. Not only does it require putting substantial effort into market research, but it also necessitates scoring providers and comparing information about them and their offerings against a list of criteria.

In this post, we’ll delve into the Banking-as-a-Service model that enables the integration of a complete suite of banking services within any non-banking app. You’ll discover how BaaS providers position themselves on the market and, most importantly, how you can pick among them. To guide your choosing and relieve you from the burden of selecting comparison factors yourself, we provide a comprehensive checklist at the end of the post.

How to Secure Your Mobile App: Best Practices for Developers and Businesses

Sat, 06 Jan 2024 22:00:00 +0000

As the VP of Engineering at DashDevs, I’ve been in the tech trenches for over a decade, getting my hands dirty with everything from fintech products in the UK, US, and MENA region to integrating a whopping 250+ payment methods. I’ve had the privilege of collaborating with financial institutions all over the globe, and let me tell you, it’s been quite a ride!

But no matter what project I’m working on, whether in finance, healthcare, media, entertainment, or hospitality, one thing is always at the top of my list: mobile app security.

What Tap To Pay Integration Is And How It Works

Mon, 01 Jan 2024 22:00:00 +0000

The era of contactless payments is here. The popularity of the Tap to Pay enabled by Near Field Communication (NFC) technology started growing rapidly in the year 2020. Now, not only customers’ phones can be used to conduct transactions, but also mobile devices can be turned into POS terminals. This allows for easy and contactless customer-to-business (C2B) payments.

There are more than two billion NFC-enabled mobile devices, meaning that 20% of the population can have access to contactless payments. Apparently, in developed regions, this rate is notably higher.

AI-Powered Decisions: Transforming Risk Management in Finance

Fri, 22 Dec 2023 22:00:00 +0000

In the finance sector, continuous risk management is vital for stability and safety. The integration of AI in this domain, particularly in Know Your Customer (KYC) solutions, marks a significant shift. AI-driven approaches in risk management processes can significantly reduce false positives and compliance check times, enhancing efficiency and cutting costs.

The Identity Verification (DIVE) Market is valued at $11.63 billion in 2023. The market is expected to grow to $21.07 billion by 2028. It shows that businesses worldwide recognize the value of risk reduction measures in finance, as ensured, among other things, through KYC practices.

Prototype vs MVP: What’s the Difference and What to Choose

Tue, 19 Dec 2023 22:00:00 +0000

It is crucial to understand the Minimum Viable Product (MVP) and Prototype and differentiate between them. These two terms often find their place in the early stages of a project, but they serve distinct purposes and cater to different needs.

In this article, I will explore prototype vs MVP, discuss their types, and what projects benefit from each.

What Is An MVP?

As the name suggests, a Minimum Viable Product (MVP) is a minimum version of a product that includes only its core features. It is fully functional as software and can be used by end-customers, and its primary purpose usually is to propel the product release.

How To Execute IT Modernization In Banking: Guide for Businesses

Tue, 28 Nov 2023 22:00:00 +0000

In the tech side of banking, a big issue is that many old-school banks still use outdated computer systems from the ’70s and ’80s.

Conversely, new and smaller companies with super-efficient tech are becoming their tough competition. This happens because many big players are stuck using old systems from decades ago, causing a major problem in the banking tech industry. The solution to this issue is fintech application modernization, and doing it right takes a lot of careful work.

KYC: Fraud Detection In Fintech App

Thu, 23 Nov 2023 22:00:00 +0000

Despite tons of innovative security measures, fintech companies always face different types of fraud. From April to June in 2023, investment fraud emerged as the most financially impactful compared to other cyber crimes, resulting in losses of £135.2 million.

Can you imagine your business losing tons of money just in one wrong click? Unfortunately, it happens every day. On average, fintech companies experience an annual loss of $51 million due to fraudulent activities.

Are Unit Tests a Wasteful Expenditure or a Promising Investment?

Sun, 12 Nov 2023 22:00:00 +0000

I’m Dmytro, a seasoned .NET Team Lead immersed in the IT industry for over 6 years. Having been involved in crafting numerous products, I’ve learned that while we often focus on the major aspects of product development, this endeavor has an indispensable yet overlooked side. The booming market entry and continuous business growth hinges on two fundamental elements: stability and predictability.

Whether you’re a business owner or steering a promising startup, a myriad of thoughts and questions pop up:

New Fintech Regulations in the UK

Tue, 07 Nov 2023 22:00:00 +0000

Are you starting your own fintech business in the UK but getting tangled in the web of ever-changing rules and regulations? It’s always a dark forest for everyone who wants to step into this field, and I’m here to guide you through it.

As a CEO with over 15 years of experience and a fintech expert who helped launch over 20 fintech products, I will try to gain your trust and demonstrate that navigating the UK regulations is easier than you think.

How to Create Fintech App For Gen Z | DashDevs

Sun, 05 Nov 2023 22:00:00 +0000

Generation Z’s financial preferences are swiftly veering away from traditional modes of payment, embracing innovative alternatives such as Buy-Now-Pay-Later solutions, digital wallets, and cryptocurrencies.

The following statistics scream: “Today is the best time to create a fintech application that aligns with Gen Z needs!”

A significant part of Gen Z, estimated between 50-80%, actively engages with mobile banking services, underscoring their comfort and preference for tech-driven financial tools. Regarding the usage of physical credit cards, baby boomers (47%) and millennials (46%) commonly utilize them, in complete opposition to Generation Z, where the usage stands at a mere 17%.

Node.js and Microservices: Unlocking Scalability and Flexibility in Fintech

Wed, 01 Nov 2023 22:00:00 +0000

In the ever-evolving fintech industry, the microservices approach has emerged as a pivotal paradigm shift from monolithic software architecture. Companies that employ microservices in their applications can quickly build, update, and grow their digital goods. Node.js, a runtime environment that is extremely well-suited for the fast development and deployment of microservices, is at the core of this financial transition.

In 2021, more than 37% of organizations worldwide reported using microservices. 92% of businesses report zero issues switching to microservices architecture, and 87% of companies stated that the investment in the technology adoption was worth it.

SCRUM Methodology in Fintech Development

Sat, 28 Oct 2023 21:00:00 +0000

Have you ever had an idea of creating a fintech product but stopped at the planning stage? You might have asked yourself:

“Where do I begin?”
“How do I manage my time?”
“Who must I bring on board to make this happen?”
“Do I need a team, or can I do it alone?”
“What if things don’t go as planned?”
“What if my idea fails?”
“How often do I have to go through the process of turning my idea into a product?”

Developing a fintech product can be a grueling and time-consuming process, especially in the evolving market full of competitors. However, if you are aware of the latest trends and product development methodologies, you’ll know that there are plenty of ways to speed up the process and find the answer to all your concerns at the early stages of planning and experimentation.

What Is Computer Vision and How It Helps Businesses: iOS Use Case

Fri, 13 Oct 2023 21:00:00 +0000

Drawing from my firsthand experience in the tech world, I’ve always been intrigued by the vast potential of computer vision, especially its transformative power when infused with the Apple ecosystem — more precisely, iOS.

Apple, a trailblazer in innovation, has consistently integrated advanced features into its products, and its venture into computer vision is no exception. With its sophisticated hardware-software synergy and vast user base, the iOS platform offers a fertile ground for businesses to harness computer vision’s power, creating more intelligent, user-friendly, and ultimately transformative applications.

Monzo Changes British Digital Banking With New Investments Feature

Mon, 18 Sep 2023 21:00:00 +0000

Monzo, valued at $4.5 billion in a bold move within British digital banking, has presented a groundbreaking investment feature. This development is a significant milestone for Monzo and the broader financial technology sector.

In this article, we go through the details of Monzo’s new offering, what it means for clients, and how it aims to reshape the landscape of digital banking.

How Does Monzo Simplify Investment Opportunities?

Monzo, a British digital banking giant with over 8 million customers in the UK known for shaking up the traditional banking world. Recently, the company introduced an innovative feature aimed at transforming the way users invest their money, maximizing the potential for their prosperous financial future. The Monzo team explicitly says, “£1 is all you need to start,” providing clients with differing budgets the opportunity to explore investment options.

Revolut's SegWit Wallet Integration: A Win for Bitcoin Users

Wed, 06 Sep 2023 21:00:00 +0000

Bitcoin, the world’s leading cryptocurrency, has captured the hearts of millions, with its user base growing extremely fast during the last decade. As of the latest statistics, over 400 million people actively engage with Bitcoin worldwide as of 2023, showcasing the rising influence of decentralized digital currencies.

On the other side of the spectrum stands Revolut, a trailblazer in digital banking. With its innovative suite of financial products, it has garnered a massive following, boasting 25 million users. Revolut’s disruption of traditional banking models has sent shockwaves through the financial industry, challenging the status quo and setting new standards for user-centric services.

The Power of Minimum Viable Products: Steps to Success

Mon, 28 Aug 2023 21:00:00 +0000

You have probably heard about the minimum viable product and its benefits to startups. However, some people still claim that not every project needs it. Misconceptions shroud the MVP development process, prohibiting most people from seeing the gist of it; it is most likely that you have subconsciously thought of launching an MVP.

Why? Because it’s hard to grasp the vital difference between an MVP, a proof of concept, a prototype, and the product’s first version. In this article, I will focus on the differences and similarities of these concepts and state why every startup needs an MVP to succeed.

How Banks Lost Customers by Failing to Keep Up with the Times

Fri, 25 Aug 2023 21:00:00 +0000

The digitization of banking services has transformed how customers manage their finances and interact with financial institutions, leading to a significant shift in the banking industry. The convenience, accessibility, and efficiency of digital interactions have raised customer expectations, pushing banks towards a new horizon. Practical CX moves are covered in Fintech Initiatives for Customer Experience.

However, traditional banks need help safeguarding their clientele against more innovative and tech-savvy competitors. The rapid advancement of technology has left some unprepared banks at risk of being left behind, with 64% of banks struggling to acquire new customers due to a lack of agility in embracing cutting-edge technology. While traditional banks have focused on providing specific financial products, fintech has adopted a more holistic approach, addressing immediate financial requirements and intricate client problems. To remain competitive, traditional banks must urgently integrate digitalization into their core strategies, attracting and retaining clients seeking a seamless blend of technological prowess and personalized service.

Blockchain and Distributed Ledger Technology in Fintech

Thu, 17 Aug 2023 21:00:00 +0000

One of the most revolutionary advancements in recent years is the emergence of distributed ledger technology (DLT). This technology and blockchain are transforming financial transactions and opening up new possibilities across various sectors. In this article, I will explore the world of blockchain and DLT, and their benefits, highlighting some of the exciting use cases they offer in fintech.

Why Were Centralized Systems So Popular?

Imagine an ancient city under siege, surrounded by four divisions of a mighty army, each led by a different general. The fate of the entire campaign hinges on a crucial decision – whether to attack the city’s walls or retreat from the battlefield. All four generals must agree on the course of action for the mission to succeed. This intriguing scenario, known as the Byzantine Generals’ Problem, sheds light on why centralized information-sharing systems prevailed before decentralized alternatives emerged.

The Role of Business Analyst in Product Launch

Tue, 15 Aug 2023 21:00:00 +0000

How can you craft a genuinely successful product in an industry evolving at lightning speed? With fintech on the rise, the financial services landscape has undergone a profound shift. By leveraging technology, fintech breathes new life into traditional financial services, triggering a rapid transformation.

In this dynamic era, digital-first companies are boldly challenging the established norms of brick-and-mortar banks. Consider this: in the past three years, the fintech sector has witnessed a staggering 78% growth in investment, totaling over $160 billion.

How to Implement Robotic Process Automation (RPA) in Your Business: A Step-by-Step Guide

Tue, 08 Aug 2023 21:00:00 +0000

Robotic Process Automation (RPA) uses software robots or artificial intelligence that mimics human interactions with digital systems, applications, and processes. With speed and accuracy, these virtual bots can perform repetitive tasks, such as data entry and extraction, report generation, and more. According to Automation Anywhere, 98% of IT leaders deem automation vital for their business processes. And fintech, above all, has the largest share of automated processes implemented.

How Robotic Process Automation (RPA) is Transforming the Fintech Industry

Tue, 01 Aug 2023 21:00:00 +0000

The fintech industry is undergoing a remarkable transformation with the introduction of Robotic Process Automation (RPA). RPA involves using software robots or “bots” to automate repetitive and rule-based tasks, freeing human resources for more strategic and complex activities. This post will explore how RPA revolutionizes the fintech industry, driving operational efficiency, cost savings, and enhanced customer experiences.

What is Robotic Process Automation (RPA)?

Robotic Process Automation software is a cutting-edge technology that empowers organizations to automate business processes using software robots. These bots can interact with various systems, applications, and databases, mimicking human actions such as data entry, form filling, and transaction processing. RPA relies on predefined rules and logic to execute tasks accurately and efficiently. Seamlessly integrating with existing systems makes RPA a non-invasive and cost-effective automation solution.

Digitalization as a key point of revenue growth

Thu, 27 Jul 2023 21:00:00 +0000

In my 15 years of experience in the fintech industry, the impact of digitalization on businesses and their growth trajectory has been undeniable. This sweeping transformation, once a mere concept, has become a crucial driver of revenue growth across various sectors.

The rise of digitalization has marked a shift in how businesses operate and connect with customers. By implementing digital technologies, businesses can remodel their processes, create new products and services, and redefine the customer journey. From my work in developing mobile applications, utilizing data analytics, integrating automation, and harnessing the potential of blockchain technology, I’ve seen how these digital strategies can enhance business offerings and lead to a significant expansion of the customer base.

MESSAGING APP: MUST HAVE CHAT FEATURES

Thu, 20 Jul 2023 21:00:00 +0000

The technological tsunami carries us faster and faster to the “new reality” of best chat app features: AI-powered technologies, machine learning, neural networks, self-driving cars, uncrewed aerial vehicles, blockchain—this list increases at a breathtaking speed. Get ready to build a messaging app because tomorrow is now.

Last few years have revolutionized the way people interact, prompting us to turn to applications that assist in remaining connected during times of uncertainty.

Payments via Social Channels: Exploring the Future of Digital Transactions

Tue, 11 Jul 2023 10:00:00 +0000

The way we connect, communicate, and engage with others has been revolutionized by social media platforms. However, these platforms have gone beyond mere social interaction and expanded their functionality to include integrated payment solutions. This shift has brought a significant transformation in how we conduct online transactions, creating new opportunities and challenges for businesses and customers alike.

One noteworthy development in the realm of digital payments is the rise of P2P payment tools. They enable seamless funds transfers between individuals and have found a natural home within social media platforms, allowing for P2P social payments. As a result, transaction volumes and values of these P2P social payments are rapidly increasing, driven by the growing use of social media.

Product Owner Talks: Digital Twin and the Digital Thread

Wed, 05 Jul 2023 22:00:00 +0000

Digital thread vs. digital twin technology ideas is the latest difference makers.

Increasing firm productivity begins with a high-level product review and its operations. External business consultants and in-house management attempt to assess the situation. They try to highlight the crucial areas that impede the effective development of a corporation. This method can’t be very effective because of the lack of quality real-time data and the inventiveness of visualization and analysis techniques.

Staff Augmentation vs Outsourcing: Choosing the Best Collaboration Model

Wed, 05 Jul 2023 00:00:00 +0000

In today’s dynamic business landscape, “teamwork makes the dream work” has taken on new dimensions. Companies are no longer confined by their in-house talent pool; they can tap into a global network of expertise to drive their projects forward. The two primary ways to do this are outsourcing and staff augmentation, each with unique advantages and considerations. But which one is right for your business? Which collaboration model will deliver your desired value, align with your project’s needs, and fit your strategic vision?

Empowering the Hospitality Industry: Unveiling iOL Pay, a Game-Changing Payment Solution

Tue, 04 Jul 2023 10:00:00 +0000

We are thrilled to present the outcomes of our collaboration with the client in creating the iOL Pay platform, an advanced automated payment acceptance solution for the hospitality industry, catering to businesses across multiple countries. This project truly showcases our team’s proficiency in delivering customized and robust payment solutions that perfectly cater to our clients’ specific needs. Working hand in hand, we have achieved remarkable results that have pushed the boundaries of our capabilities.

Maximizing Cost Efficiency: A Guide to Selecting the Right Software Vendors for a Successful Product Launch

Thu, 29 Jun 2023 10:00:00 +0000

As you grow your fintech business, you will face many challenges, some of which can be solved by vendor integrations. They can help you comply with regulatory requirements, ensure customers can exchange money or get a loan, issue cards, and perform other essential tasks.

When you start, it takes much time to understand which vendors you will eventually need and which option to choose. Since my experience allowed me to help over 200 companies, and one of the most notable cases I’ve worked on has over 25 integrations, I’ve decided to share this experience with you.

The Role of Behavioral Economics in Fintech Product Design: A Comprehensive Guide

Mon, 26 Jun 2023 10:20:00 +0000

The financial industry has changed a lot as a result of the behavioral economics and fintech blend. Thanks to knowledge of how people act and make decisions, businesses now can build solutions of any kind to satisfy the demands and preferences of very different clients.

In this in-depth guide, I will cover some of the main points on how fintech businesses may utilize behavioral economics data. By exploring how these technologies facilitate the elimination of barriers to adoption and the creation of customer-centric solutions that align with individuals’ inherent biases and preferences, you can gain a deeper understanding of how to enhance predictive capabilities of your fintech business and make more informed decisions about customer transactions.

Exploring the Future of Finance: Key Insights from Money 20/20 Europe 2023

Tue, 20 Jun 2023 10:00:00 +0000

Taking place in the vibrant city of Amsterdam, Money 20/20 has emerged as Europe’s premier event, bringing together an extensive network of financial institutions and fintech enterprises. As participants among the 9,000 attendees, the DashDevs team immersed itself in an enriching experience, delving into 70 hours of remarkable content delivered by distinguished thought leaders and conducting about 100 meetings with potential clients and partners. This insightful discourse focused on the pressing themes propelling the industry forward.

The Rise of Ukrainian Talent in Fintech: Driving Innovation and Growth

Wed, 14 Jun 2023 22:00:00 +0000

In the ever-evolving landscape of financial technology, one group of professionals has been steadily making waves and leaving an indelible mark on the industry: Ukrainians. They have emerged as pivotal contributors to the global fintech revolution. They possess exceptional skills, unrivaled expertise, and unwavering determination. From London to New York and beyond, they have been instrumental in driving innovation, propelling businesses forward, and shaping the future of financial services.

This article unveils the remarkable contributions of Ukrainians in the fintech realm and explores the profound impact they have had on shaping the industry worldwide. We delve into the success stories of Ukrainian experts who have revolutionized financial technology, enhanced customer experiences, and unlocked new possibilities.

Simplifying Finance with Unsupervised Machine Learning in Capital Markets

Tue, 06 Jun 2023 08:00:00 +0000

When you hear about machine learning, your thoughts may drift to captivating examples such as autonomous vehicles navigating busy streets or virtual assistants responding to our voice commands. However, the reality of machine learning today is far more practical and holds incredible potential to enrich various aspects of our lives, including managing personal finances and optimizing everyday tasks.

Machine learning has significantly transformed the finance and banking sectors, revolutionizing areas ranging from customer service to investment strategies. So, how can your fintech business effectively incorporate this innovative technology into its products and services to drive tangible results?

Fintech partnerships: strategies for successful collaboration between startups and incumbents

Sun, 04 Jun 2023 08:00:00 +0000

So, this time I’m talking about fintech partnerships, a topic we know like the back of our hands. After over 500 projects completed and 50+ vendors partnered with other fintech startups, we have a knack for establishing fruitful communication.

However, this particular article concerns a more exciting end of this stick. Brace up! I will unveil the personal benefits and opportunities before startups, financial technology companies, and finance incumbents in their partnerships.

Identify and Solve Pain Points in Fintech through Technology

Sat, 03 Jun 2023 08:00:00 +0000

The financial technology industry has revolutionized how we manage our finances, making transactions seamless and investments more convenient than ever. Yet, pain points often emerge amidst this digital transformation, hindering the seamless experience. Identifying and solving these pain points is crucial for businesses to ensure that fintech remains at the forefront of customer satisfaction.

My goal is to delve into the intricate world of fintech and explore how these challenges can thwart the full potential of fintech platforms. But instead of talking about negatives, I aim to provide you with actionable insights and practical solutions to identify and nullify these bottlenecks.

The Art of Choosing the Right Outsourcing Partner

Thu, 01 Jun 2023 11:00:00 +0000

Over the past 15+ years as a fintech expert and CEO of DashDevs, I’ve learned a thing or two about outsourcing. Sure, it’s a smart move when you’re looking to bring in some top-notch talent, cut down on costs, or keep your team focused on what they do best. But in my book, outsourcing is more than just a business strategy—it’s an art. And the masterpiece? Finding that perfect partner who gets your business, shares your values, and is ready to roll with your project.

Customer Onboarding Best Practices in Fintech

Mon, 29 May 2023 08:00:00 +0000

I’ve spent the last six years diving headfirst into various industries, including fintech financial technology, personal finance, healthcare, and retail. I’ve been in the thick of it all — from leading the charge on developing and launching new products to revamping digital processes for existing businesses and plotting growth strategies for established products.

And let me tell you, it’s been quite an adventure! But if there’s one thing that’s stood out to me throughout this journey, it’s the power of customer onboarding. It’s like the secret ingredient in a recipe — it might not seem like much on its own, but it can transform the whole dish!

How to Shape a Business Idea and Make It Work

Tue, 23 May 2023 08:00:00 +0000

Creating a successful business requires more than just a great idea – it requires shaping business ideas, seeking funding, and executing a solid plan. This article is designed to help you explore the concept of business ideas, how to shape them, and how to transform the idea into a workable concept for seeking funding.

Whether you’re just starting out or have been working on your idea for a while, these tips will help you take your business idea to the next level.

Fintech Nexus USA 2023 Conference: Insights and Takeaways for the Finance Digital World

Thu, 18 May 2023 18:00:00 +0000

Welcome to the dynamic world of fintech, where innovation and adaptation are the keys to success. Today I want to share with you the latest news from the highly anticipated Fintech Nexus USA 2023 Conference, an event that brought together the brightest minds and industry leaders to explore the current state and future trajectory of fintech.

As finance professionals, you have to pay attention to the key takeaways from this groundbreaking conference. Get ready to discover the pulse of the fintech industry, gain valuable knowledge, and uncover strategies that will empower you to stay ahead of the curve. Let’s dive into the exciting highlights of Fintech Nexus USA 2023, where the future of finance awaits!

Digital Transformation in Banks: What Processes are Important

Thu, 27 Apr 2023 15:15:00 +0000

Digital transformation has had a significant impact on how banks function and interact with their customers. From my expert experience in the fintech industry, I have observed that this transformation is set to continue and become even more personalized in the future. Traditional banking systems are outdated and time-consuming, requiring significant manpower. This inefficiency highlights the need for digital transformation to speed up and simplify tasks.

The upcoming generations are going to be early adopters of the internet and the digital world. As they grow up with technology, it is crucial for banks to start implementing digital transformation to cater to them.

Weathering the Storm: How the Climate Change Impacts on the Financial Industry

Tue, 18 Apr 2023 07:00:00 +0000

Climate change is no longer a distant threat but a reality. It is already affecting the global economy, including the financial industry. The scientific evidence shows that human activities, such as burning fossil fuels, deforestation, and industrial processes, are causing the Earth’s temperature to rise at an unprecedented rate. In the graph below, you can see how global temperature fluctuated over the last few years.

How to Make Informed Business Decisions with Sentiment Analysis in Financial Forecasting

Mon, 17 Apr 2023 15:00:00 +0000

As a business owner, you understand the importance of making informed decisions to drive growth and success. One way to gain valuable insights into public opinion and market sentiment is through sentiment analysis. By leveraging the power of artificial intelligence and natural language processing, sentiment analysis can help businesses predict market trends, better understand consumer behavior, and make data-driven decisions.

In this article, I’ll explore the benefits of using sentiment analysis in financial forecasting, how it works, and examples of sentiment analysis tools and platforms that the firms can use to enhance their decision-making process.

Keep Them Coming Back: How User Experience Can Boost Your Fintech's Retention Rates

Fri, 14 Apr 2023 07:00:00 +0000

Everyone would love to have higher user retention rates for digital products. Within one month of downloading a mobile app, retention rates are only about 40%, and by month three, they drop to around 30%.

To keep high indicators, you need to create a product that offers real value with ease. This approach will help you retain loyal users and earn long-term subscriptions, renewals, and referrals. To improve user retention, you must know how to measure your retention rate and implement effective strategies, so in this blog I will help you dive deeper into this topic and learn the basics.

How to Unlock the Future of Financial Services with Decentralized Identity (DID)

Tue, 11 Apr 2023 07:00:00 +0000

Our lives become increasingly digital. We often need to verify our identities for various activities: buying a car, applying for a mortgage, or signing up for new services. However, the current methods of authenticating users and establishing trust online are inconvenient and burdensome for both users and businesses. These methods also compromise users’ privacy. The security and trust of online transactions often fall short of satisfactory levels.

The emerging concept of “decentralized identity” offers a new way for consumers to have control over their personal information. At the same time, businesses can be assured that the information shared with them is accurate and belongs to the right person. This is reducing the risk of fraud.

How to Build Strong Partnerships for Growth and Innovation

Fri, 07 Apr 2023 07:00:00 +0000

So, you’ve entered the fintech ecosystem. Now, you might conclude that partnerships can contribute to an easy start for you in the industry. But the main question remains: how can you find companies and tech startups to partner with?

This question bugs not only the newly established businesses but enterprises with loads of experience face the same problem. Your partner should be reliable, dedicated, and share your culture and values in order for your cooperation to be fruitful.

How to Create Customer-Centric Products: Best Practices and Strategies

Thu, 06 Apr 2023 07:00:00 +0000

We’ve already talked about customer-centric approach and how you can leverage it to gain a sharper competitive edge and attract loyal customers. So, now in this article I will be shedding some light on how to ensure customer-centricity in software products.

First, we’ll speak of customer centricity practices and how to ensure accessibility and inclusivity of your software for all customers. Then, through the tips and tricks we will get to the real practical examples of customer centricity.

Building Customer-Centric Products in Fintech: A Guide for Success

Mon, 03 Apr 2023 07:00:00 +0000

According to the review conducted by SuperOffice, customer experience remains a top priority for businesses and it will stay this way for the next five years. The data provided by the same source also shows that almost 86% customers are ready to pay more for a more quality customer experience.

Combining these factors, it’s easy to conclude that being customer-centric can potentially generate more profits.

On the other hand, customer frustration can lead to the customer churn and, as a result, falter your profits generation process. If you do not know how to communicate with customers or satisfy their needs, end-users might avoid going back to your product or services. One of the most important aspects of customer-centricity is relatability; you need to relate to your customers and not the other way around.

How to Leverage Natural Language Processing in Fintech: Strategies for Business Owners

Fri, 24 Mar 2023 08:00:00 +0000

In today’s fast-paced fintech industry, business owners need to constantly innovate and adapt to stay ahead of the competition. One technology that has gained significant traction in recent years is Natural Language Processing (NLP). As a seasoned engineering expert with over a decade of experience in the fintech space, I’ve had the opportunity to work with NLP in various projects, witnessing firsthand the transformative power it holds.

In this article, I will share my insights on how NLP can be leveraged in fintech product development, the benefits it offers, best practices for implementation, and how to measure its impact on your business. Read on to learn how NLP can revolutionize your fintech product and give you a competitive edge in the ever-evolving industry landscape.

Decentralized Finance: The Future of Financial Services?

Wed, 22 Mar 2023 09:00:00 +0000

Decentralized finance (DeFi) is an innovative and growing sector within the financial industry. It leverages the power of blockchain technology and smart contracts. This makes financial services decentralized, transparent, and accessible to anyone.

Traditional financial systems continue to face challenges, such as lack of access and high fees. DeFi has emerged as a viable alternative. It offers greater efficiency, security, and inclusivity. The global decentralized finance market must reach $231.19 billion by 2030. This is a projected 42.5% year-to-year growth.

Boost Your Fintech Integration Game: The Power of Bi-Directional Approach

Wed, 22 Mar 2023 08:00:00 +0000

For fintech solutions, data management and synchronization are as crucial as security or seamless processes. This article in particular is about the latter. I will unravel the complex and niche matter of bi-directional approach and how it can change fintech.

After reading this blog post you’ll learn what bi-direcational integration is. Discover how it can help you smooth out business processes and enhance workflow agility.

What is Bi-Directional Integration?

Bi-directional integrations are the synchronization pattern. They enable two data sets to act like a single data entity. Simply put, bi-directional integrations are a bridge between two data sets synchronizing them.

The Importance of Inclusive Design in Product Development: Why Designing for Diversity Matters

Thu, 16 Mar 2023 22:00:00 +0000

The aim of UX designers is to simplify the usage of digital products as much as possible. They achieve this by creating personas, testing designs with users, analyzing use cases, and incorporating UX best practices. Yet, designers sometimes overlook the needs of all potential users.

As a new decade begins in the design world, there is a growing emphasis on inclusive design. Hence, UX specialists in the IT sector should be more inclined to create inclusive products and experiences.

The Future of Micro-Investments Platforms: Challenges, Opportunities and Use Cases

Mon, 13 Mar 2023 08:00:00 +0000

Micro-investing has been gaining popularity in recent years as a way to invest small amounts of money regularly. These platforms have the potential to revolutionize the investment landscape by providing affordable and accessible investment options to a wider audience.

In this article, I will cover the latest trends and developments in the industry. We’ll discuss the importance of user experience, the use of artificial intelligence, and the impact of regulatory changes on the market.

Fintech vs Traditional Banks: Competition or Collaboration?

Tue, 28 Feb 2023 09:00:00 +0000

Fintechs reshape the banking industry as people become more accustomed to the comfort of having everything under one’s fingertips. New digital banking solutions allow people to get the same services as from traditional institutions but enhanced with personal advice, customized recommendations, gamification, and other fresh ideas.

Neobanks are vastly spreading across the industry, present in most countries. With about 19.9% of the US digital banking market compound annual growth rate (CAGR), the question arises; will fintechs replace traditional branches? This article is set to find out.

Data-driven banking: How it will Define the Future of the Industry

Tue, 28 Feb 2023 08:00:00 +0000

Data-driven banking has the potential to revolutionize the banking sector by allowing financial organizations to make decisions based on reliable, precise data. Banks can gain insights into customer behavior and preferences by harnessing data analytics and using the knowledge to customize services and products to their customers’ needs. This could result in increased consumer satisfaction and loyalty while reducing risk and boosting efficiency of bank to the future.

Banks keep investing in AI technology, machine learning, and many other advanced technologies, and that is the main reason everyone should anticipate data-driven banking to become increasingly effective in the future. As a result of using all these technologies, future bank will be better able to forecast and react to market trends and client behavior.

A Future-Proof Digital Banking: Steps To Success

Fri, 10 Feb 2023 08:00:00 +0000

Do you remember the last time you had to go to an offline, traditional bank office? Nowadays, everything can be done with a few clicks of your fingers, whether a money transfer or paying your bills. Banking buildings are not so crowded anymore since the growing number of digital banks prevailed.

The coronavirus crisis in 2020 pushed the industry towards a rapid digital transformation that did not stop. About 65.3% of Americans now use digital banking services, and nearly 27% use an online-only bank.

Catching Up With Financial Regulation: Regtech Solutions for Banks

Fri, 10 Feb 2023 08:00:00 +0000

Over the past several years, banks and financial institutions (FIs) all over the world have either partnered with or launched their own fintech companies to be applied to various business areas. Such an approach has already improved the lives of millions by promoting financial inclusion and integrating digital services into the everyday routine. Meanwhile, most solutions used to focus on customer-facing aspects. Now, more and more companies are taking heed of back-end processes. Compliance with new financial services regulations is one of the top priorities since failure to abide by a hefty penalty, operational inefficiency, and client attrition.

Dozens: from an Idea to the Digital Financial Institution in 9 Months

Sun, 05 Feb 2023 22:00:00 +0000

Have you ever thought about launching a successful digital product? Dreaming of a brilliant idea that would change the world, attract followers, and enhance global consciousness. We are constantly reading all those stories of success, newly established unicorns, and “from-zero-to-hero” cases. From the stories mentioned, the process of digital product creation seems to be quite easy for everyone. You just need to generate an idea, create the architecture of a future product, develop an application, release it, and support the app, enjoying its success. Such articles invoke yawning with boredom from those who have once created an application. During development, you face many situations and address many not-so-obvious challenges. For example, in a case, you produce a crypto-messenger or a digital financial institution with a banking account. Is it as simple as the idea=> development=> release=> success cycle? No, it is not. The development of fintech products is even more complicated but more involved. We learn it by doing, not reading, not from blogs, but from real life.

What Is a Business Growth Strategy and How to Work It Right?

Fri, 20 Jan 2023 08:00:00 +0000

Businesses may need help to recover from the pandemic and adjust to new realities. However, significant growth is possible within the new normal. All you need is an understanding of how to create a business growth strategy and know how to make it work.

In 2022, we discovered a bunch of the best business growth strategies for small businesses and how meaningful they are for business capacity growth. For example, fintech faced the necessity of digitizing services back in 2020 and is still evolving. Industry players have tried to embrace digital engagement by moving to remote services, implementing digital transactions, and improving home-office conditions for their employees. So, it seemed like these business growth strategies worked, and DashDevs will tell you more about them in a moment.

How Autonomous Finance Can Drive Business Success In 2024

Mon, 16 Jan 2023 08:00:00 +0000

Fintech leaders like autonomous finance solutions more and more because they can improve business processes, operations, and workflows by automating them with software that learns on its own. The global autonomous finance market was already worth US$14.57 billion in 2021, and experts expect it to grow at a 16.8 percent compound annual growth rate (CAGR) by 2030. But what is autonomy, actually?

The growth of autonomous finance operations has been helped by higher accounts receivable, lower costs, less downtime, real-time data analysis, and reporting, and the ability to scale processes without hiring more people.

The CFO's Guide to Technology Roadmapping: 6 Steps for Creating a Technology Roadmap

Wed, 11 Jan 2023 08:00:00 +0000

As a result of ongoing research and development, the scope and utility of existing technologies continue to grow and evolve rapidly. Technology industry leaders need a resource that allows them to gain insight into the advances in their field and consider potential future paths for innovation. And that’s where the technology roadmap comes in.

A technology roadmap is a comprehensive plan. It helps solve challenges and create cutting-edge technologies for future generations, making it easier for industry researchers and developers to conduct a unified examination of past, present, and future technologies due to the business goals.

How to Communicate with your Outsourcing Provider: Client’s Guide

Tue, 03 Jan 2023 08:00:00 +0000

Have you ever wondered how to outsource effectively? Outsourcing your tasks and duties can save you significant time and money. More significantly, it will relieve your workers of the pressure of executing low-level duties, enabling them to concentrate more on their primary business responsibilities. So although outsourcing provides all of these advantages and many more, you will have to carefully establish relationships within your organization and with the outsourcing provider to prevent future outsource communications complications.

How to Avoid IT Outsourcing Failures

Mon, 26 Dec 2022 08:00:00 +0000

Outsourcing may be extremely beneficial when handled correctly and with a solid foundation in the planning process. It may help your organization enhance its vision, encourage organizational success, increase employee agility, improve risk management, and cut expenditures, among other things.

The issue is that outsourcing is frequently done inappropriately. In this article, we’ll go over a couple of the top cases of outsourcing failures from which you can learn and make recommendations on minimizing mistakes.

Dunning-Kruger Effect on Startups

Fri, 16 Dec 2022 08:00:00 +0000

We use the term “startup” often. Typically, we imply a young company with new ideas and potential for development. The average firm founder is male (82.8%), highly educated (84.8%), and 38 years old. Most of the time, these businesses have a few eager investors. Angel investors are of course looking for the next “unicorn”, a business worth more than $1 billion.

The Internet provides limitless possibilities at a low cost, so it’s no wonder that many people start businesses in their kitchens. All you need is a laptop, an intelligent mind, and a barrel of coffee. Though not indicative of a failed Dunning Kruger test,

Importance of Right Back Office Software

Mon, 05 Dec 2022 22:00:00 +0000

The efficiency of your financial back office software is critical to the overall running of your organization. It also helps you keep order and may help you save a lot of money. Let’s dive into this topic and find out how to make an efficient back office.

What is Back Office Software?

Back office management system centralizes, automates, and improves operating processes related to purchasing, accounts payable, inventory management, recipe and menu engineering, labor scheduling, and reporting. Simply put, back-office software is what keeps things running smoothly behind the scenes!

How to Hire a Web Developer?

Mon, 05 Dec 2022 08:00:00 +0000

Finding a skilled web developer to employ is really quite straightforward. Finding a web developer who is a suitable match for your project may be difficult. Before you hire a web developer to build an online store, this article will walk you through the steps of finding the perfect developer for your project, doing thorough research, and creating a constructive working relationship with your development team.

How to Choose a Web Developer?

Types of Web Developer

If you need to find a web developer for startup, keep in mind that developers have different specializations. The most common are front-end and back-end programming.

How to Hire Outsource App Developers?

Thu, 01 Dec 2022 08:00:00 +0000

It’s obvious that you would like your new mobile app to be in the hands of the top professionals since your main goal is to be the greatest on the market.

Businesses encounter significant obstacles when selecting and collaborating with outsourcing firms. As an outsourcing services provider, we’d like to give some tips on how to outsource app developers that would assist you in succeeding with your business.

What is Outsourcing?

To begin, let us clarify the term “outsourcing.” In the context of mobile app development, outsourcing entails engaging a vendor to develop an application. A tech-savvy company competent at outsourcing development services can assist in eliminating the necessity for in-house app development expertise and provide you with a great outsourced app developer.

NDA for App Development

Mon, 28 Nov 2022 08:00:00 +0000

Non-disclosure agreements (NDAs) are required when a company engages with a supplier, its employees, investors, freelancers, or other companies and wants to disclose sensitive information when it is exchanged. Custom delivery work such as our Print.Events Windows app case study is a typical context for protecting event and client data under NDA. Both companies in the agreement have an obligation to keep the contract partner’s information safe and confidential. As a business owner, you may create your own document or use a sample NDA for app development.

Data Security in Fintech Applications

Wed, 09 Nov 2022 22:00:00 +0000

Financial transactions are often the target of hackers who want to make money quickly. Because of this, traditional banks have to follow strict rules about fintech cyber security. But fintech companies don’t have the same level of oversight as banks, so they often cut corners when it comes to security, even when they aren’t required to.

With the help of data, fintech may improve a company’s communication strategy, inspire the creation of brand-new goods and services, and teach it more about its consumers. Customers benefit, and fintechs may be able to make the most money from both their current customers and new ones.

The Growth Of Banking Software Development: Building Banking Software Of The Future Today

Tue, 08 Nov 2022 22:00:00 +0000

Up until more recently, traditional banks and reputable financial institutions were the only way for individuals to gain access to any type of financial service, whether payments, transfers, or loans. Monopoly and a lack of relentless competition almost completely excluded terms like “value-added” or “custom banking software development services” from the typical banking practice.

Fintech firms and non-banking businesses have added a whole new level of software development in banking industry, which used to be rather reticent to emerging technologies. They have streamlined and simplified operations, diversified their service offerings, and complemented it all with convenience and friendliness. Consequently, they’ve started to encroach on a piece of the financial pie—an industry that had always been distributed between the same organizations.

How Big Data Helps Fintech

Sun, 06 Nov 2022 22:00:00 +0000

Fintech data science is used in retail banking, teaching people about money, online trading, peer-to-peer lending, and other areas. These markets handle a lot of user data in order to give better services and get more profit. Therefore, Big Data is a very hot topic in the world of finance.

What Big Data Means

It’s not a new idea of different uses of Big Data in fintech to better serve customers. For years, many businesses, from small grocery stores to banks in big cities, have used customer data to learn more about their customers. But the “big” in Big Data gives businesses a gold mine of customer information that could change the banking industry.

Build-or-Buy Software Decision

Tue, 25 Oct 2022 05:00:00 +0000

Are you having difficulty deciding the benefit of build vs buy software decision for your business? Before making a decision, consider some critical variables. If you lean buy/configure, our Fintech Core by DashDevs demo at Finovate Europe shows what a modular white-label stack looks like in practice.

The conditions in which companies require software solutions differ based on the sector and the company’s characteristics. In most situations, such businesses consider ready-made solutions first because their installation is significantly faster. When it becomes clear that none of the ready-made items can genuinely address the business issue, it’s time to make the decision to develop your own solution. But first, let’s go into the build-or-buy software debate.

The Rise of Micro-Communities and Niche Nets

Mon, 17 Oct 2022 21:00:00 +0000

Once upon a time, getting potential customers interested was all about making a Minimum Viable Product (MVP). Many new businesses used to “go basic”, which means they make a product with as few features as possible to get people’s attention quickly. By putting out a basic version of the product first, the marketing department can see if people are interested and make changes to production based on that. Simple, right?

Mobile Design Rules: What Designers Need to Know when Creating Mobile Apps

Thu, 22 Sep 2022 21:00:00 +0000

We are all active iPhone and Samsung users, and there are occasionally a lot of tough challenges with app functionality on both sides, Apple and Android. In this post, Dashdevs, a market leader in mobile app development, will discuss product development and design. When our team begins working on a new market or product, we install the apps of the leading market participants. This research assists us in understanding what experiences, functionality, and mobile design rules are typical for the target audience as well as providing answers to the following questions:

How to Find Business Investors for Your Startup Idea?

Tue, 20 Sep 2022 06:00:00 +0000

These days, entrepreneurship isn’t boiled down to individuals joining family businesses or turning into part-time business(wo)men to make the big bucks and live the high life. The ‘giving back to society’ concept has apparently taken precedence among businesspeople, allowing them to demonstrate acumen and know-how to build creative solutions and so address at least one of the multiple social problems. The rise of fintech in the Asia-Pacific region, with its emphasis on the under- and unbanked, can serve as a good example here, as most startups face a lack of lending options, remittance options, and affordable insurance.

KOTLIN VS JAVA: WHAT SOFTWARE ENGINEERS CHOOSE FOR ANDROID DEVELOPMENT

Wed, 24 Aug 2022 21:01:00 +0000

Google declared Kotlin as a first-class language for writing Android apps in 2017 and the preferred one in May 2019. Competition between Kotlin and Java was a stumbling block in Android development for a long time, so we must see what are the advantages of Kotlin vs Java for Android app. Despite the fact that Kotlin and Java are no longer rivals, developers and business initiatives continue to use Java for a variety of reasons, and it will require some time, expertise, and effort to complete the transition.

Fintech Regulation: Guide to Financial Regulation for Fintech Entrepreneurs in the US

Wed, 03 Aug 2022 21:00:00 +0000

The fintech regulation in the US is extremely complex. While the United States does not currently have a “fintech-specific” regulatory framework in place, the activities of fintech businesses will very certainly come within the jurisdiction of many regulators, requiring registration with and compliance with at least one of those agencies.

The situation is made more difficult by the fact that fintech businesses will be subject to a financial regulator in the US at both a federal and state level. Even fintechs offering relatively simple products or services will likely have to secure licenses from multiple federal and state regulators, and comply with the requirements set out by those bodies.

The Difference Between Outsourced Software Development and Outsourced Consulting

Thu, 14 Jul 2022 21:00:00 +0000

What is the most effective strategy for running a business? This question is asked by every business owner, and the answer may vary from time to time since business objectives change. When it comes to employing a technical team, we’ve already identified two options: hiring in-house or outstuffing.

An IT department may be more cost-effectively run in-house rather than outsourced. Despite this, software development is handled in-house less often than accounting and payroll. Let’s talk about outsourcing software development and consulting in this post.

Future Of Banking Industry Depends on PSD2 & Open Banking API

Tue, 21 Jun 2022 21:00:00 +0000

Digital is redefining the future of banking industry and financial services in a myriad of ways. While for most incumbents, that means embracing an entirely new approach to doing business. Today people are willing to spend more on experiences and leisure with family and friends.

These days, customers expect from banking in the future the same level of accessibility, personalization, and ease of use they get from various platform-based businesses. Amazon Prime and Hulu curate shows following on from user behavior and preferences. Twitter and Instagram suggest accounts, tweets, pictures, and IGTV channels based on likes. Customers use smartphones to get rides from Uber or book apartments via Airbnb, and they’re willing to interact with future fintech in the same way.

Software Development Life Cycle: Phases, Process, Models and Methodologies

Tue, 21 Jun 2022 14:30:00 +0000

Software products make users’ lives more comfortable. They save lots of our resources like time and effort. At the same time, software product development life cycle phases are commonly time-sapping and painstaking. Moreover, software engineers have to make certain the solution they deliver is efficient, user-friendly, and upscale. To accomplish that, accurate and profound planning is expected, and a full software life cycle development process is an excellent tool for that purpose.

Software Development for Fintech: In-house or Outstaff?

Wed, 20 Apr 2022 22:00:00 +0000

When you start a fintech company, there are some prevailing ways to run a business, depending on your goals and objectives.

A business may be grown by hiring IT experts in-house or by partnering with a company to do all the tech jobs for you. In addition, the consulting model may be able to give your company a wide range of creative abilities in the field of fintech.

4 Prevalent Business Strategies When Developing a Fintech Asset

There are four widespread business models for employing the IT development team: in-house, outfstaff, outsourcing, and consulting.

Difference between retail, challenger and neobanks on the example of the UK market

Thu, 31 Mar 2022 20:00:00 +0000

Why do you need to know the difference between bank types?

To create high-quality fintech digital solutions you need a good understanding of business and regulatory details. We’ll distinguish between the types of banks and the scope of their activities using the example of the UK market.

New types of financial organisations emerge as a natural reaction to market demand. Therefore, challengers and neobanks that are common in the UK are the natural progress of the retail banking system. These two definitions are often confused, mistakenly believing that both types are ordinary online banking systems (which is also provided as a service by retail banks). But it is not so.

Why and How to Hire A Dedicated Development Team for Your Business Needs

Wed, 16 Feb 2022 15:30:00 +0000

Each and every business needs qualified specialists to maintain all processes successfully, grow, and satisfy clients’ demands. But not all of them have enough capacity to look for new experts and hire big teams. And this is the reason why outsourcing services have become so popular today. They aim to help you find your best dedicated software development team fast and with minimum resources usage.

There are numerous benefits of such a collaboration. Let’s name just a few. First, it appears to be more cost-effective. For example, a middle in-house software engineer from the US would cost you about $120-150k a year. On top of that, there are extra expenses on taxes, bonuses, medical insurance, etc. While you can outsource a senior developer from, say, Ukraine, for 30+% less, with no extra expenditures. Feel the difference?

Responsive Web Design: What It Is And Why Your Business Needs It

Wed, 19 Jan 2022 15:30:00 +0000

To put it simply, responsive web design means a website that can change and adapt to different kinds of devices users have today — phones, laptops, tablets, or whatnot. Why has it become the topic of interest for modern businesses? Because billions of people access the internet every day now. And most of them do that all on their smartphones.

Let’s have a look at some statistics to understand the scale of that trend. The number of active internet users worldwide is approximately 4.6b — that’s almost 60% of the global population. And almost 93% of them (4.32b) browse the web via mobile phones. In general, there are about 7.1b mobile users worldwide (while the total world population is 7.8b). These numbers are predicted to grow.

Financial Literacy: How Modern Fintech Apps Help Users Become Financially Literate

Fri, 17 Dec 2021 15:30:00 +0000

Do you consider yourself to be financially literate? What about your customers? Do you think you can help them with financial education? The thing is just one-third of grown-ups understand fundamental financial concepts. Just imagine — only about 57% of Americans are financially literate, and this number is one of the highest in the whole world. The majority of the countries show a very low rate — 0-34%.

That’s why the interest in financial literacy is rising today. More and more people want to learn how to manage their money intelligently as this can make lives more comfortable, safe, and prosperous. And here comes the market gap for you to fill in through the development of modern fintech apps. But before satisfying your users’ need in acquiring the finance management skill, let’s find out a financial literacy definition first.

Money Laundering in Dark Business: Who, Why, and How

Wed, 15 Dec 2021 15:15:00 +0000

Does money laundering sound like a practice directly from a detective novel? Or maybe it’s a well-crafted fictional scheme laid out in, say, Ozark, a TV series by Netflix where a financial advisor helps launder money for his drug boss? No matter how obviously illegal and fraudful this may seem to occur in the present-day world, when large criminal enterprises get too much cash, they need to clean it. As the only answer to the question of how to clean money, laundering proves the best variant for drug smuggling organisations or other shady businesses.

Ethical Banking — Characteristics and Impact on the Achievement of Business Goals

Wed, 08 Dec 2021 15:15:00 +0000

How often do you think about the fate of your money in a savings account? As a socially conscious person, would you feel unsettled to realise that the bank you’ve entrusted your finances with invests it in crude oil extraction? That’s exactly what happened with one Australian bank in 2016 when it spent $10bn to fund fossil fuels, which was three and a half times the amount of money allocated to support clean energy. Back then, you wouldn’t feel comfortable placing your financial resources in a savings account of either ANZ or Commbank.

Adapt Your Business to the Metaverse Phenomenon

Mon, 06 Dec 2021 15:15:00 +0000

Imagine a world where you’ve got a virtual avatar who acts on your behalf, interacts with 3D environments, and sometimes is even able to customise them. Done? What if someone told you that this world is currently under development? Moreover, within about a decade, you may become one of the pioneers taking advantage of what it has in store for humanity. Spoiler alert, it’s not a sci-fi novel! Although there is one. In 1992, Neal Stephenson crafted a novel called Snow Crash that revealed a story about avatars living in virtual reality. Since then, savvy minds have been daydreaming about breathing life into the metaverse concept.

Most Promising Markets for Investing: Financial Forecast by DashDevs

Fri, 03 Dec 2021 15:30:00 +0000

It’s a common opinion that asset management is somewhat similar to the wealth management notion. Simply speaking, this is a method of developing, operating, maintaining, and selling assets with the purpose to receive a positive financial profit. An asset, in its turn, is a resource, an item of property, or anything regarded as having value. It can be owned or controlled by an individual, enterprise, or government. A few examples of what can be considered assets are cash or cash equivalents, Accounts Receivable, inventory, investments, real estate, machinery, vehicles, etc.

Ways to Secure Funding for a Fintech Startup

Wed, 10 Nov 2021 15:30:00 +0000

Nowadays, there are a plethora of options on how to launch a fintech startup and supply it not only with a starting capital but also long-term financial support. Getting six-figure funding for a worthy project is a goal descended from the seventh heaven to a more down-to-earth realm. Now you don’t need to work with your head in the clouds anymore! The recipe is relatively simple. Let a good feasible idea occur to your mind, gather a couple of like-minded people around it, seek a venture capitalist, angel investor, or any other concerned party like, say, a crowdfunding platform, and all systems go!

Fintech Robo-Advisors’ Invasion: Menace or Opportunities?

Wed, 03 Nov 2021 15:15:00 +0000

No. There’s no necessity to worry about a natural course of development occurring within the IT domain. Automation implies progress and optimisation, endowing professionals from top fintech companies with more precious time to deal with creative solutions instead of messing about with mechanical, repetitive ones. At the same time, AI-based algorithms can indeed pose a considerable threat to some job positions and humans behind them. How about financial advisors? Due to high consultation fees and often biased advice, many young investors begin to prefer robo-advisors over humans of flesh and blood.

Most Promising Startups and New-Fledged Companies in Fintech

Wed, 27 Oct 2021 14:15:00 +0000

What’s your first association when you hear the word ‘startup’? A bunch of genius students who came up with an astonishing idea worthy of funding? Geeks with some ultimate solution to a ubiquitous issue? Or maybe a larger company subsidiary detached to proactively elaborate on a specific idea or concept? Today startup tech companies are overwhelming the business world, and not all of them are born in Silicon Valley.

How to find startup companies, you may ask? Merely google them, and you’ll be surprised by how many of them emerge almost daily! According to statistics, there were 10,605 fintech startups in the Americas and 9,311 in the EMEA region as of February 2021. However, not all of them survive the harsh race of innovations. The most promising tech startups rapidly emerge, gain traction, get funding, and achieve their goals. That’s what capitalism is all about. Once you pitch your idea to shareholders and it’s warmly accepted, you’re almost good to go. There are 2 more things to be mindful of — securing investment and evaluating risks. Startups undoubtedly presuppose the highest possible risks for your idea.

Betting On Digital-Only Banks: A Worthwhile Venture or Futile Danger?

Wed, 20 Oct 2021 14:30:00 +0000

When you’ve got all essential banking features on your fingertips, it’s difficult to imagine a life without a similar digital bank replica. Yet it wasn’t always this way. If you were a resident in a developed twentieth-century country, you’d probably need to stroll to the nearest bank, stand in an endless line, ask a few responsible employees for a consultation, and only then get an opportunity to cash your cheque. But what are the most common reasons why people remain loyal to traditional banks today? Well, here’s statistical data: 65% of Great Britain residents relied on conventional bank accounts in 2020 due to good treatment from employees. In turn, 51% of respondents preferred in-person cooperation with bank specialists, whereas only 16% abstained from switching to other bank types because they tried to avoid extra hassle.

Enhancing Customer Experience: Fintech Industry Initiatives to Try

Wed, 13 Oct 2021 14:00:00 +0000

Would you like to be privy to the difference between ‘customer experience’ and ‘customer journey’ before going deeper into the subject? That’s it, let’s clarify the meaning of these concepts first!

If you’ve read our previous article on customer experience (CX or UX), you should remember its distinction from customer interface (CI or UI). And this time we’re going to get you acquainted with another item from the business terminology list — customer journey (CJ). What’s that? Metaphorically speaking, CJ is the tailor-made mold for anticipating and shaping the roadmap of your future customer experience: from acquisition to conversion and retention. So, as you see, it’s a predetermined and usually repeated set of actions used to set up communication between a business and its customers. So, while CX refers to the overall interaction between the customer and a certain brand, CJ is much narrower — it’s the data ground for defining the user behaviour on the site or within an app if treating it from the digital perspective.

Data Extraction Dilemma: API vs. Web-Scraping in Business

Wed, 06 Oct 2021 14:15:00 +0000

Hasn’t big data become a buzzword? Today there’s probably no industry where data harvesting isn’t used to gain a competitive advantage and generate profit. No one would argue that research is more associated with science, yet it’s not always the case with data extraction. Since conducting such research manually within even a small industry would take forever, data scientists usually refer to web-scraping and APIs to acquire more relevant information about the target market. In this context, science is business. That’s where the API and web scraping services pay dividends.

Resonant Lawsuits in Fintech and IT to Learn About

Fri, 01 Oct 2021 14:15:00 +0000

How often do you hear about lawsuits filed against big tech companies? If viewed in a vacuum apart from other IT segments, fintech players turn out to be relatively rare guests at courts. Most often, the reasons to be sued encompass privacy issues, frauds, scams, harassment, discrimination, or other ethical implications. In case we look at statistics related to compromised data records as of January 2021, Yahoo proves to be the most insecure system, with 3b user accounts affected during a hack in 2017. The same statistical data reveals only one fintech-related organization to suffer from data breaches — Capital One, which shares the last place in this list on a par with Quora.

Almost Everything You Wanted to Know About Card Issuing in 2021

Fri, 24 Sep 2021 14:15:00 +0000

In case your finger’s not on the pulse of credit card issuing trends, ours is. A UK financial giant, Barclays is purchasing the $3.8bn credit card portfolio from Synchrony Bank, thereby partnering with the US corporations like The Gap Inc. No less impactful news is that big tech companies are hoarding cash in the face of an impending threat posed by the Delta variant and its potential damage to the global economy, which cannot but affect the card-issuing industry. Astonishingly enough, Citi plans to launch a new buy now, pay later (BNPL) card without worrying too much about partnering with retailers thanks to a high number of available points-of-sale.

Tokenization vs. Encryption: Pros and Cons in Payments Processing

Wed, 15 Sep 2021 14:30:00 +0000

What if we picture our world as a place where all the input data on any device flows through fiber-optic cables and servers in its original form? Although the roots of encryption reach Ancient Egypt of about 1900 BCE, its digital variant emerges on a par with first computers. Already in 1977, the U.S. National Bureau of Standards approved the first encryption standard. By the way, it has already become outdated and entirely insecure. Having been withdrawn and replaced by a new standard in 2005, any type of data encryption was then subjected to regular analysis, revising, and adapting to more up-to-date technologies. With each new revolution in hardware, anti-fraud solutions used in encryption software require reconsideration as hackers receive more computing power to decrypt what’s hidden behind digital keys.

App-Related Documentation: Its Types & Collaboration with the PM

Fri, 10 Sep 2021 14:30:00 +0000

In light of rapid digitization processes, being involved in paperwork might indeed appear redundant for inexperienced organizations. Undoubtedly, anyone unfamiliar with the managerial side of software engineering would feel a bit puzzled after hearing about technical documentation, yet there’s no need to worry. Dashdevs are here to shed light on this phenomenon, its types, purposes, and implications. According to a recent survey, 62% of sales and 57% of marketing units in large-scale corporations are already using digital documentation tools. Nevertheless, the same source reveals that only 53% of the finance industry and 41% of IT players worldwide refer to documentation as a helpful tool that minimizes cost during production.

AI & ML Usage by Developed Countries: Cases to Learn-(copy)

Wed, 01 Sep 2021 14:35:00 +0000

The state of things with artificial intelligence implementation is positive only in developed countries. Here, investing is available, and it’s purposefully spent on testing the new innovative technologies. The US, Europe, and China share the lead in this battle for high-tech business solutions and market expansion. In the end, due to their common efforts, the popularity of machine learning engineers and data scientists has raised to 76% in 2021.

When it comes to types of machine learning, the range of their usage varies from data analytics, speech recognition, natural language processing, computer vision, and predictive analysis. All these machine learning algorithms are aimed at replacing manual routine with smooth automation, better customer service, and efficacy. As a result, the fledging artificial intelligence projects have gained $36bn investment in 2020 and already outperformed this result in the first half of 2021 — $38bn. The boost of these technologies is expected to scale in the coming years, and experts approximately estimate it by $126bn till the end of 2025.

Onfido: How Can It Boost Your Business Development?

Wed, 25 Aug 2021 14:45:00 +0000

Is trust a big deal these days? Definitely! According to Fintech Times, today’s consumers are greatly bothered by their data usage on the part of third parties, the security of the collected information, and the abundance of questions asked during the registration and KYC procedures. These reasons can turn the potential customers away from the service/product, and that’s why 4 of 10 newbies interrupt their account creation in the middle of the process. So, what’s the cure then?

Peculiarities of the US Tax System

Fri, 06 Aug 2021 14:00:00 +0000

Are you responsible for paying your taxes yourself or prefer delegating this unpleasant chore to professionals? If you belong to the first camp, you’re definitely a hero! According to CNBC’s latest research, the American taxpayer devotes 12 hours to this kind of paperwork. In contrast, those who address accounting or tax preparation services should be ready to spend $230 on average for all necessary forms to be filed. In any case, isn’t now the time to put an end to this bureaucracy and follow the examples set by Europe? Product teams building budgeting and tax-estimation flows can also study our Vlorish B2B2C budgeting case study.

How Big Tech Players Protect Sensitive Data

Wed, 28 Jul 2021 14:00:00 +0000

For starters, what’s meant by Big Techs? The term refers to the companies that have scaled their business with the help of the web. In some may, these giants have succeeded in disrupting the market with their game-changing offers and keep valuable, lucrative, and innovative. Usually, they started on a free basis, which lures a great number of users to their services. Then they could move to the subscription model and build the community around their products. Logically, the second question is who belongs to this list of lucky ones. Amazon, Apple, Facebook, Google, and Microsoft are five fingers of the Big Tech’s palm. Aren’t you surprised?

Regulatory Standards for Fintechs: The US vs Europe Comparison

Wed, 14 Jul 2021 14:00:00 +0000

Regulations are still a terrible nightmare for the fintech industry. Why so? First, because of its natural barriers put to the banking businesses: you’ve got to do a lot of work to comply with all the prescribed standards. Second, the geo distinction matters seriously; thus, the legislation differences should be thoroughly accounted for at the initial stage not to complicate the further well-being of the company. Third, you should always stay in touch with the recent regtech updates not to miss out on something important and adjust your business’ accordance with these newly appearing details. So, how not be crashed by the waves of the regulatory demands and stay afloat?

How About Conventional Banks Working with Cryptocurrency?

Wed, 30 Jun 2021 14:00:00 +0000

Do you know how the process of adaptation takes place within the human being? First, the person is totally overwhelmed by the change and experiences a loss of control over the situation — that’s called an alarm reaction. He/she is driven by emotions, such as irritation and frustration, which are the natural organism’s defense mechanisms during the resistance stage. But after a while, the exhaustion comes. Being tired of stress, one gets the nudge to release the biggest concerns by searching for the practical solution and taking responsibility for the further actions. And what’s interesting, we can extrapolate this adjustment scheme into the sphere of banking.

The Inside of Various Pension Systems

Wed, 09 Jun 2021 15:00:00 +0000

Do you know which country can be proud of the first pension system’s appearance? Any guesses then? It’s Germany! To be exact, this is the achievement of Otto von Bismarck who made efforts to establish the state social welfare system at the end of the 19th century. Being guided by the intention to defeat socialists, he worked out the first modern social security system consisting of healthcare, accident insurance, and pension. With the slight national adjustment, the principle of its work remains the same even these days: those who work take care of the retired by paying the percentage of their earnings to the state pension fund. But the question is for whom this system works the best?

Fresh Marketing Failure Cases: Know Your TA Better

Wed, 26 May 2021 14:30:00 +0000

While planning a marketing campaign or launching a new product, you need to know whom you’re serving and all about them! Start with their age, gender, income level, education, etc., and then move to the more specific characteristics, like hobbies, purchase habits, or values. All these pieces of information will determine the direction of your target marketing. And if you have a rocky start here, everything else will fall apart too!

Future of Debit & Credit Cards: Will They Disappear?

Wed, 12 May 2021 16:00:00 +0000

This story has started almost a century ago, but we still feel its rhythm. We speak about the appearance of the first credit cards, and the United States is here to be proudly mentioned. It all began with issuing cards on the part of the influential oil enterprises and hotel chain, which aimed at bridging the gap between their outlets and customers. So, the initial purpose was sales. Later on, in 1958, the American Express Company designed the first universal credit card for traveling and entertainment. Simultaneously, banks joined and shared this initiative by working out the specific plans for users to be interested in monthly installments or long-term credits. Personal banking software has already revolutionized the fintech industry. What’s next? Free credit cards? What do we know for sure now?

Digital Fraud: Why Has It Gained Traction During COVID-19??

Wed, 28 Apr 2021 15:30:00 +0000

The 2021 year is already the third attempt of the world’s adjusting to the harsh reality of the drawn-out quarantine and isolation. Though we’re all bitterly tired of living such a secluded life, the majority still accepts the personal responsibility for combatting the virus. Governments are updating the state unemployment insurance problems and constantly enacting lockdown orders to prevent the tumour’s growth. People are trying hard to follow personal hygiene measures and resort to the sheltered, remote lifestyle. However, there’s one force that plays against our joint efforts — cybercrime.

Solutions To Key Fintech Development Challenges From A Proven Vendor

Tue, 27 Oct 2020 22:00:00 +0000

So, we’ve been in the market of fintech development and fintech development outsourcing for more than 10 years. With more than 30 projects under our belt, we can say two things for sure.

One, every single one of our projects was a truly unique experience. Be it the need to reduce the weight of 120+ gig verification networks to fit inside a mobile app, or inventing innovative user interface mechanisms capable of visualizing data more efficiently or designing the back end and customer data security in a way that fits the ever-shifting regulatory requirements - the experience always unpacked a series of peculiar puzzles for us to solve.

Card schemes to take Click to Pay standard global

Mon, 14 Sep 2020 21:00:00 +0000

Click to Pay is a new standard for online payments. Led by the major card issuers, the technology is intended to make the shopping process easier for consumers, and more efficient for merchants - including those in the fintech sector.

Until now, Click to Pay has only been available in the US. However, in July 2020 it was announced that the standard would be rolled out globally. This news has implications for every merchant doing business online.

Is there a pattern in recent fintech staff layoffs?

Mon, 24 Aug 2020 21:00:00 +0000

The last couple of months have seen a series of high-profile layoffs amongst what had previously been seen as some of the brightest stars in the fintech firmament. Companies that had been experiencing record growth, and some of the most-hyped fintechs in the world, have said goodbye to employees in what have often been shock moves.

The COVID pandemic has clearly been a factor in these layoffs, with businesses recalibrating in order to reflect the new economic situation. But COVID is not the only reason for letting staff go, and some companies are being forced into layoffs with entirely different causes.

Budget allocation and management in a fintech startup: the quick-start guide

Thu, 06 Aug 2020 21:00:00 +0000

It pays dividends to think well in advance about the potential problem areas in the app development lifecycle. By considering issues, risks, and resource requirements ahead of time, you can help to ensure that your development process is as smooth and as cost-effective as possible.

Here, we’ll look at the fintech app development lifecycle in more detail, and think about the areas that should be considered priorities when allocating and managing budget and resource. We’ll also think about some simple strategies for preventing bottlenecks and reducing costs.

Fintech Risk Management: Protect Your Company In a Crisis

Thu, 30 Jul 2020 21:00:00 +0000

COVID has reshaped the global economy, and fintech startups are not immune. The enormous global downturn has put pressure on businesses in every sector, and many are struggling to survive.

But the pandemic is not the only crisis fintech has faced or will face. Some of those crises are external, as with COVID, but many are caused by internal factors. Risk assessment and risk management are key for startups looking to avoid failure, particularly in the unpredictable and sometimes untested world of fintech.

Contactless Payments To Outgrow A Mere Means Of Combating COVID-19 In The US?

Tue, 28 Jul 2020 21:00:00 +0000

The United States of America can be so many things: the land of the free, home to the bold, a promised land of equal opportunities – the list can go on indefinitely.

What the US is not, however, is a country with a flexible, adaptive, and future-oriented banking system. Or so it seemed, until the pandemic and the following lockdown.

Take one of the FinTech industry’s latest buzzwords, contactless payments, as an example. A study by A.T. Kearny, a global management consulting firm, states that as little as 3% of cards in the United States support contactless technology. This is an exceptionally low number, especially if compared to 64% in the UK, and a whopping 96% in South Korea.

Quick and efficient distributed tracing in .NET

Tue, 21 Jul 2020 21:00:00 +0000

How to log the complete call chains and see what your microservices really do?

To log, or not to log

To log! Nowadays we can’t even imagine a modern software system without logging subsystem implementation, because it’s the very basic tool of debugging and monitoring developers can’t be productive without. Once something gets broken or you just want to know what’s going on in the depths of your code execution, there’s almost no other way than just to implement a similar functionality.

The First Release of Kotlin 1.4

Wed, 10 Jun 2020 21:00:00 +0000

Kotlin is often referred to as a Java substitute. Meanwhile, Google defines it as the top-class language for Android development and offers Kotlin courses for programmers. With such a reputation, it’s hardly surprising that at Dashdevs, it’s also the language-of-choice for most Android applications.

To be sure that we provide our clients with best-in-class services and cutting-edge tools, we continuously keep abreast of new developments and releases. On the 23rd of March, JetBrains introduced the first preliminary release of Kotlin 1.4, namely Kotlin 1.4-M1, and our Android app development team is ready to share its insights into the main innovations of the 1.4-M1 version.

What Your Digital Payment Strategy Is Recklessly Missing

Thu, 14 May 2020 21:00:00 +0000

The digital payment landscape is developing fast. Your customers want to do the shopping where, how, and when they wish. They look to buy from merchants they trust and with a modicum of effort. They expect a seamless and quick checkout experience.

In this context, digital wallets answer all the requirements, and their vigorous growth in popularity is yet another proof. Currently, around 2.3 billion people globally use digital wallet software, and this number is projected to reach 4 billion by 2024. However, taking into account the coronavirus outbreak and its impact on the economy, those figures may be even higher. The impetus is obvious. Buyers’ behavior is aimed at more connected lives, increasing by the millions from year to year. Businesses should be well-positioned to quickly and smoothly adjust, as new channels arise.

The Long-Lasting Coronavirus Impact on Economy or Thoughts on the Business Change Amid COVID19

Sun, 03 May 2020 21:00:00 +0000

So where are we six months or a year from now? What does the future hold for us, our clients and partners, and friends?

After a call with a business prospect, I sit in my chair in the empty office. All the employees are working from home, and we’re rather lucky since nearly all of our clients are digital, and indeed most of them are in entertainment, online banking, fintech, and health & fitness sectors, so they’re stable and future-proof regardless of this anticipated global financial crisis. We can work remotely with little to no loss in performance. So we’re holding up well, right?

Wear OS App Development Tutorial. Part 2

Tue, 14 Apr 2020 21:00:00 +0000

This Part 2 tutorial has been merged into our updated complete guide.

For Wear OS vs Android differences, DataLayer sync, Compose UI, the full development process, testing, and Google Play publishing, read Smartwatch App Development: A Complete Guide to Wear OS.

Microsoft Orleans a Leverage for Financial Software Development

Mon, 13 Apr 2020 21:00:00 +0000

Nowadays, market players within even the most regulated industries like banking are becoming more and more interconnected with each other. Card processing, account management, online investment platforms, budgeting apps, “traditional” and challenger banks — all these solutions are often closely tied. Open API initiatives like Open Banking push this process forward, forcing financial solutions to give access to the most commonly used features for everyone, using the third-party authentication providers.

How the Coronavirus Outbreak Changes the Banking Future

Fri, 27 Mar 2020 22:00:00 +0000

The far-reaching humanitarian consequences of the coronavirus outbreak bring about the equally devastating economic fallout. Unfortunately, the way forward is so far unstable, as a result of epidemiological fluctuation, ever-changing consumption behavior, and the given conditions in the worldwide macroeconomy.

However, the coronavirus crisis and social restrictions have shown that there has never been a more critical time to be truly digital. Thousands of Americans, Europeans, and Asians are tested positive for the virus. Governments are forced to shut down schools and universities, restaurants and beauty salons, airports and railway stations. They have to cancel public events, reschedule the Olympics, and postpone the elections. Some companies have organized remote working, while others had to cease operations.

A Complete Overview of the Southeast Asia's Fintech Market:

Wed, 11 Mar 2020 22:00:00 +0000

Fintech is widely defined as an emerging technology to facilitate and automate the delivery and application of financial services among both private and business customers. These days it covers a broad range of areas from payment systems to asset management to crowdfunding to insurance. Among the target audiences are not only regular users but also small businesses and unbanked households who used to be excluded from the global financial system. So it’s hardly surprising that Southeast Asia (SEA) has grown into one of the hotspots of the fintech revolution_._

The Rise of PPaaS: Preparing for the Next Wave of Fintech Disruption

Thu, 20 Feb 2020 22:00:00 +0000

The financial services industry is continuously undergoing dramatic changes in response to regulatory updates, emerging technologies, and operating models. The boom of banking-as-a-service, with its innovative approach to delivering banking products, is a case in point. The PaaS (payment as a service) fintech platform providers enable their partners — which may include insurers, fintech, telecoms, e-commerce firms, and others — to access a cloud-based service and manage the entire banking value chain. Consequently, companies can instantly integrate their solutions with the platforms through open APIs, save time on the development and focus more resources on marketing, distribution, and other revenue-generating activities.

Introduction to Insurtech: Business Models, Challenges, Trends

Wed, 12 Feb 2020 22:00:00 +0000

Insurance is one of the most conservative industries, so it comes as no surprise that it has been slow in adopting innovation. However, just as fintechs are shaking up the banking and financial services industry, insurtech companies are starting to disturb the insurance world. Today around 86 percent of insurers believe they should innovate at a rapid-fire pace to keep up with increasing demands and maintain a competitive profile.

In 2019, the global investment in the insurtech industry reached $6.37 billion, demonstrating a 63 percent year-over-year funding growth. Moreover, we witnessed a 90 percent rise in the size of investment rounds that surpassed $40 million. All this implies that the sector starts to mature, and insurtechs are quickly turning into front-runners in their relevant areas and locations.

How to Start a Fintech Company and Make It Successful. P1

Sun, 02 Feb 2020 22:00:00 +0000

The industry of financial technology products is moving into top gear with each passing year. The total fintech funding has already topped $8.3B according to the CB Insights report. Innovators and entrepreneurs come up with forward-thinking ideas for fintech startups, continuously identifying new growth opportunities.

The Dashdevs product development team receives requests for the production of new fintech apps almost every day. Since we’ve transformed from the ‘engineering-only’ firm into the fully-fledged digital ecosystem building company, the large majority of requests include everything starting from consulting to design, engineering, HR and recruitment, and testing services. Application development becomes only a small part of our everyday job.

The Growth of Banking Software as a Service and the Pi1 Case

Fri, 10 Jan 2020 00:00:00 +0000

Up until more recently, traditional banks and reputable financial institutions were the only way for individuals to gain access to any type of financial services, either payments, transfers, or loans. Monopoly and lack of relentless competition almost completely excluded the terms like ‘value-added’ or ‘customer-focused’ from the typical banking practice.

Fintech firms and non-banking businesses have added a whole new wrinkle into the financial industry that used to be rather reticent to emerging technologies. They have streamlined and simplified operations, diversified a service variety, and complemented it all with convenience and friendliness. Consequently, they’ve started to encroach on a piece of the financial pie — the industry that had always been distributed between the same organizations.

Dashdevs Year in Review: The Biggest Achievements and Brightest Moments from 2019

Thu, 26 Dec 2019 22:00:00 +0000

Snow is all over the streets, Christmas lights and New Year trees are shining across the city, making this time of the year so very special. Traditionally, in late December, I analyze the past 12 months to evaluate the results that Dashdevs — fintech consulting and outsourcing company — has achieved. If I try to compare Dashdevs three years ago and now, it would be almost two different businesses. It’s not only about the number of employees, huge 7-floor office building, and hundreds of wonderful projects that we’ve accomplished over these years. I think that the most important changes in 2019 have taken place inside the processes and approaches that we’ve come up with.

The True Cost of Change in Software Development: a Guide for Management Teams

Thu, 19 Dec 2019 00:00:00 +0000

Have you ever thought of how long does it take to change one text label in a mobile application? It is way too common request from a client of any outsourcing or product company, and working on over 35 projects simultaneously, we can receive around 10 similar inquiries per day. The reasons for such an update can be different — legal or compliance team requests, spelling mistakes, changes in business requirements, or usability improvements. From the clients’ point of view, the update is straightforward because it is just a change of copy. But with this article, I want to open a small door to the backstage for you and show “invisible” processes that stand behind such an update.

The Internet of Payments and Benefits of IoT in Financial Services

Wed, 18 Dec 2019 00:00:00 +0000

From smart speakers, wearables, and refrigerators to self-driving cars, connected homes, and smart cities — internet connectivity continually pushes back the limits and wins new markets. It can be reasonably called the next stage of the digital revolution, and it is expected to transform our lives significantly. Gartner foresees that there will be over 25 billion Internet of Things solutions in use by 2025. This rapid proliferation has created much awareness among top fintech startups and banking organizations with the outlook for innovating use cases and industry opportunities.

The Biggest Problems of Loyalty Programs

Fri, 29 Nov 2019 22:00:00 +0000

The digital loyalty program has become an essential part of the digital ecosystem of modern brands. A brand’s loyal audience regularly uses its application, interacts with its products, and even considers this brand a very close friend. In other words, they become ambassadors of the product and spread its mission around to others. The value of a brand grows in stride with the number of loyal customers. Companies understand this, are spending millions on getting users involved in their web or mobile applications. Every good marketer is putting their hearts, souls, and lives into capturing a faithful audience for the products which they represent.

Define Iron Triangle for Outsourcing Companies

Thu, 28 Nov 2019 22:00:00 +0000

Partnership with IT outsourcing companies is an internationally recognized approach for efficient software product development. Experienced vendors are ready to cooperate with companies of all sizes from around the globe to help them extend the potential, all while reducing the costs of the tech departments. IT service providers can deliver solutions of varying complexity from straightforward mobile or web applications to digital ecosystems with AI-powered digital twins integration and insignificant involvement of the in-house tech team.

Beacons Technology: How Does It Work in Detail?

Wed, 27 Nov 2019 22:00:00 +0000

Every day we stuck in our phones for hours reading, playing, surfing on the Internet, and working in different mobile applications. Brands figured this out a while ago and started to develop digital loyalty programs that stay in mobile apps of users. Companies send push notifications and inbox messages to keep individuals updated on the latest news and updates.

What if I tell you that you don’t necessarily need a mobile application installed for customers to receive your messages? You only need a mobile phone with turned on Bluetooth and geolocation tracking functionality to send information to it. The solution is called Beacons.

Dashdevs Fintech Autumn 2019: NOAH Conference, FinTECHTalents, and Project Imagine Debut

Tue, 26 Nov 2019 22:00:00 +0000

The whole 2019 year was very dynamic and fascinating for the DashDevs team, and this autumn was no exception. In October and November, our CEO, Igor Tomych, and VP of Business Development Departments, Yuriy Soshenko, visited two significant events in the UK — NOAH 2019 Conference and the Ultimate Global Fintech Festival FinTECHTalents 2019. Both conferences took place in London and brought a lot of new connections and inspiration to us.

Product Owner Talks: The Introduction to Product Management Team

Mon, 18 Nov 2019 22:00:00 +0000

The digitalization of businesses is moving fast. Companies are creating more and more applications for their end-users and internal needs. AI-powered chatbots are ready to replace real humans. Gartner states that worldwide IT spending in 2019 will total $3.74 trillion.

On top of that, according to the latest trends in product development, companies have started to outsource more than just the development process. They are ready to hire the integral engineering team with product owners, product managers, and business analysts who can take on full responsibility for the product development process from idea to implementation. The company needs only the global visioner who can steer the team in the right direction for product development. The rest is on the shoulders of the outsourcing team. Such an approach has been onwards and upwards for the last year. Startups and large companies benefit from dedicated software product development teams and you shouldn’t miss out on the opportunity.

Stop Wasting Your Designers Time

Wed, 13 Nov 2019 22:00:00 +0000

Product design is the combination of the user experience (UX) and user interface (UI) empowered by product vision, marketing strategy, and customer behavioral analysis. Sometimes a product designer’s position is misapprehended, and the required skill set for the position is not always fully understood. First of all, product designers are engineers who need to analyze user problems, find the areas where critical issues exist, and create solutions that fit the users’ needs and meet the business’s goals. A good designer needs to know the best practices in design, understand the development process, and its technical aspects. The process of product design engineering is fascinating to say the least.

The Ultimate Guide to In-App Purchase in iOS Application Development: Part 3

Wed, 30 Oct 2019 22:00:00 +0000

This is the final article in our series dedicated to the implementation of in-app purchase (IAP) functionality in iOS applications. In our first part, we’ve talked about IAP types and standard lifecycle, along with business tasks and challenges we’ve faced while integrating this feature for our clients. The second part was dedicated to the technical aspects of in-app purchase function: it’s architecture, structure, and security measures that your development team should implement to ensure consistent performance. Today we’ll discuss our experience with the most popular in-app purchase libraries available on the market, their pros and cons, together with the actual reasons why we’ve decided to build our own solution and how it is realized into practice.

How Consulting Services Help FinTechs Save Money and Drive Innovation

Mon, 28 Oct 2019 22:00:00 +0000

Let’s suppose that you are a bank executive and you are contending with a multifunctional, low-priced, digital bank with global presence: people access their accounts easily and quickly via mobile phones, effect payments with one single tap on their wearable devices, make smart and safe investments with the help of AI chatbots, and enjoy cross-border payments at no extra cost. This bank introduces new services promptly, easily becomes compliant with strict regulations, employs Artificial Intelligence technology to prevent fraudulent activities, and eliminate exchange risks with cryptocurrency.

The Ultimate Guide to In-App Purchase in iOS Application Development: Part 2

Wed, 23 Oct 2019 21:00:00 +0000

According to Statista prediction, mobile apps will generate 188.9 billion U.S. dollars in revenues via app stores and in-app advertising in 2020. These numbers are incredible and they stress the fact that users build deeper trust with mobile applications day by day. On the other side, users want to receive more exclusive services and are willing to pay additional money for it.

Since its establishment, Dashdevs has worked with a great number of clients that provide paid services via mobile solutions. Our team has tried different methods of in-app purchase service implementation, and finally has come out with its own solution for iOS applications. We’ve decided to write a series of articles to share our vast experience in custom mobile app development, bring our insights and best practices on how to improve software product and thus take user experience to the next level. In our previous in-app purchase guide, we’ve started with the basic overview and definitions, while in this part, we want to concentrate on the architecture and security of in-app purchases.

How to Estimate The Project Cost: Dashdevs' Approach

Mon, 21 Oct 2019 21:00:00 +0000

To be commercially viable in the current climate, in any industry, companies are getting through the unprecedented change triggered by such factors as the high-level economic power shift, the pace of innovation, generational change, and the arising of forward-thinking players that disrupt conservative sectors globally.

Within the context of these changes, the long-established project management methodologies are no longer seen as valid. In most cases, they are not responsive to rapidly changing customer needs. To make the big time today, a business should be flexible and quick — especially considering the dynamic environment we’re working in and which has raised the risk of software projects not bringing expected profits, departments/partners failing to release on time or within budget, or the results not staying in line with stakeholder objectives. According to the Project Management Institute, firms waste 9.9 percent of every dollar due to bad project performance — which is the equivalent of $99 million for each $1 billion invested.

IT Security: How to Make Your Fintech App Safe

Mon, 14 Oct 2019 21:00:00 +0000

Today I’m going to review a bit of an untypical subject for a product owner – cybersecurity. I think that this topic is really important for product and project managers. It is our duty to create useful and safe applications for our users. I haven’t heard/read a lot of articles that are specific for the management level which sheds light on the process of cyber defense and the items we need to know about. However, I’ve seen a lot of articles and news stories about data breaches and security failures that lead to a company’s bankruptcy.

Real Story of Switching Outsourcer for Delivery App

Thu, 29 Aug 2019 21:00:00 +0000

Starting the development of a standard app, you usually do not expect you would face challenges, questions, improvements, updates, or unpredicted issues. If there are hundreds of analogues in the app store, you consider it is not a big deal to build your app. So, you outsource the development with a light heart. However, sometimes it happens that you have to change a development partner because the previous one has not delivered the result. The possibility of switching an outsourcer for a mobile app development frightens product owners and paralyzes their will so that they try to find a remedy or negotiate the product delivery with the previous outsourcer as hard as they can. Such efforts may bring you the desired result, but usually, you simply waste some more precious time and do not launch the product at the market in time.

FitGrid App — Balanced Fitness Solution for All Parties

Tue, 20 Aug 2019 21:00:00 +0000

It is no surprise that fitness and sport are so popular. Physical activity is natural for people. People are looking for two things to feed their soul. These things are inspiration and connection. In a technological society, sport meets many personal intentions. For example, to look physically attractive, stay healthy, and fit, establish your mind and body connection. Fitness is not only about health, and well-being, but it is also a pleasure of movement, controlling and strengthening your body. Also, fitness is a social activity as well. There is so much that seems out of our control that we want to feel empowered. We want to feel like we can achieve, we can do more, we can be bigger than the circumstances or life situations. In fitness-oriented societies, much of this is “soul food” is being filled by our connection to group fitness. We want to feel like we are a part of something, connected to something, connected to somebody or some group. We can fulfill our needs in communication, connect with like-minded people, collaborate, share our achievements, and even compete. Sport is not only a popular life sphere, but it is also a business. Fitness service providers are making money on satisfying the mentioned people’s needs in movement and communication. To succeed in this domain for business means to find a balance between all participants’ objectives. This article is about the birth and implementation of the idea of FitGrid — a business app to match the intentions of fitness studios, inspectors, and clients.

Story of Comicflix App Creation to Convert Visual Content Into Comics

Mon, 05 Aug 2019 21:00:00 +0000

Visual information is more natural to perceive and quicker to absorb for most of us. It appeals to our emotions, reveals creativity, brings a stimulus and motivation to act. Moreover, it may be fun to deal with. Comics, cartoons, and stripes are the expressive way to share ideas via images complemented with some text. No surprise, many of us love comics. Comics always grab attention. Test yourself and answer three questions.

Dozens App Results: Top 10 UK Banking Apps Application for July 2019

Mon, 29 Jul 2019 21:00:00 +0000

We love to develop mobile solutions. It’s not another marketing slogan for us. Dashdevs team has the heart set on the idea of creating top-notch digital products, and we hire people who understand our passion and share it.

Creating a mobile application starts with a recognition of the problems that we want to solve, followed by a few rounds of the design, development, re-thinking, re-designing, and re-working…

Dashdevs team is always inside of the product development process exploring ways of enhancing the product.

Designing Invite Codes

Tue, 16 Jul 2019 21:00:00 +0000

Have you ever googled “Uber invite codes”? There will be thousands of results with suggestions on how to use this invite codes, how to receive extra bonuses, how to ride for free forever. There are even YouTube how-to videos about it. These invite codes help Uber to become popular. People are searching for these codes on forums, asking friends, trying to brute-force it. In other words, people are promoting the Uber brand. This is really great for brand value.

Unit Testing in.NET: Tools: A Step-by-Step Instruction

Sun, 14 Jul 2019 21:00:00 +0000

The necessity of unit testing in software development ceased to be the subject of discussion lately: the real-life practice has proved, that unit tests are essential for a stable product. But speaking about the necessity of writing unit tests, authors often forget to explain how to do this. At the same time, many developers don’t give pride of place to unit tests as a part of their job. The common approach is when developers simply create a test project using a basic testing framework only and then use this project to solve the same tasks again and again. Such an approach is not time efficient because testing consumes more time than coding. The outcome is predictable and always the same: developers refuse writing tests to meet the next strict deadline, or testing turns into a tedious ritual.

Dozens App Is Named a Gamechanger by Startups 100 Index

Thu, 04 Jul 2019 21:00:00 +0000

Dozens — a digital branchless financial institution, the technical partner of which is Dashdevs, entered the UK Startups 100 Index with the top 25th position. The Startups.co.uk entitled Dozens a game-changing product for its approach to making financial services affordable for most customers.

Hip-hip and hurray!

The fintech startup aims to help its customers with money management in the most honest and accessible way. The app teaches customers how to spend, save, increase, and invest money, and provide a unique money growing option — bonds, available for a broad audience.

Banking App Authorization: Brand-New Approach

Tue, 25 Jun 2019 21:00:00 +0000

We all live in a digitized world. We use dozens of different applications daily. Messaging apps, sport tracking apps, apps to manage daily tasks, audio and/or video providers, banking apps, and others.
When downloading an application from the App Store or Google Play, to start using the app, we usually need to register. During the registration process (signing up), we enter our identification data so the system can verify our personality. We can provide an email with a password, phone number, or biometrics, such as a fingerprint, face or voice recognition, or iris scan. All these options represent the same process, which is termed verification. When the data provided is verified, we can sign in. Each time when we enter the app, we pass authentication and authorization, providing one of the previously mentioned variants that are the most convenient for us to confirm identity.

Trends in Software Development Revealed at WWDC

Thu, 20 Jun 2019 21:00:00 +0000

1. Swift UI — new UI implementation on iPhone

Vision: Modern way to create and support your UI for iOS, iPadOS, watchOS, tvOS. Before: UIKit was designed during the Objective-C era and missed some modern approaches in structuring UI. Now: SwiftUI is an innovative and simple way to build user interfaces across Apple platforms with the power of Swift. Developers get the opportunity to build user interfaces for Apple devices using a freshly backed UI framework, which is going to be dominant in the future. Surprisingly, Swift UI partially runs C++ under the hood.

What Digital Product Startups Are Recklessly Missing

Sun, 16 Jun 2019 21:00:00 +0000

The moment an idea sneaks in the startuppers’ head, it occupies every free space it can. One doesn’t want to evaluate it. One just wants to deliver it on. The entrepreneurs who are led by such a vision are great. They can find thousands of ways to release it. Sometimes it seems like they are out of this world. They don’t see any blockers, only a target. You might have experienced such inspiration yourself while working with startuppers.

Crypto messengers: Effective Mix of Privacy and Add Values

Sun, 09 Jun 2019 21:00:00 +0000

Time is fleeting.

It seems like yesterday to make a transaction or receive the money we had to go to the banks, stand in queues, experience technical issues which caused a delay in the whole process. And we can not omit the human factor -the incorrectly filled bank form. Missing data. Problems with requests processing due to the large volumes of data. Or incorrect structuring of huge data arrays. All these things cause the impossibility of conducting immediate operations and irritate people deeply.

The Fintech Revolution

Sun, 09 Jun 2019 21:00:00 +0000

When we hear or read of failure, we usually remember our hard times or even some painful situations. Our unconscious fear of fatality raises in our minds. But we also know that failures happen, and if we learn from them, we gain experience. We learn from doing and become wiser by overcoming failures. The tricky thing is that we will rather see opportunities for growth and improvements from somebody else’s mistakes. Also, vice versa, we tend to dramatize the situation when it happens with ourselves. Businesses also often learn from competitors’ or ancestors’ mistakes. Financial technology is not an exception.

How to Implement Neural Network in iOS App

Wed, 08 May 2019 21:00:00 +0000

Machine learning is one of the top topics popular online. There appear more and more articles, discussions and examples of implementation of ML in solutions addressing real tasks in the media. Among implementation options, the highlight is on the feasibility of using machine learning models in mobile development.

Being a Junior mobile developer, I wanted to become involved and figure out how neural nets are built and how they work. Our approach at Dashdevs is — learn by doing, so this article is about my experiments and findings.

Digital Banking Product Development: Challenging Beyond the Challengers

Thu, 25 Apr 2019 21:00:00 +0000

“I have learned that success is to be measured not so much by the position that one has reached in life as by the obstacles which he has had to overcome while trying to succeed.” — Booker T. Washington

Reading the personal success stories of well-known people is enjoyable, interesting, and so inspiring. However, there are two points that readers need to keep in mind while reading. The first one is that you will never know the real conditions and pitfalls the person have had to achieve that success. And the second notion is that you can’t apply that experience in practice to your life. A lot of people and companies speak about the challenges they accomplish. Reading this we get more motivated and ready to take actions. But still, how many opportunities have we let to pass by? Many. Among the main reasons, there may be a wrong team, wasted time, and inability to bear risks.

Writing Testable Code

Wed, 17 Apr 2019 21:00:00 +0000

Every developer knows that the testable code can make life easier. There are a lot of books and articles written about unit-testing. Particular attention is paid to Test-driven software development (TDD) as the best process for the development of hi-tech products. In my working routine, I face tons of problems with untestable code. It may happen even in those projects for which 100% test coverage is the main acceptance criteria.

Product Mindset and Orientation Toward Success

Tue, 02 Apr 2019 21:00:00 +0000

Outsourcing is a rather popular approach for the software industry. Companies start to use it because they want to solve some internal issues. They want to reduce the cost, increase the speed of producing, and use intellectual property. Every outsourcing company has its own approach to project management. Most of them have project managers or scrum masters on the board. These positions are responsible for the process of development.

Is project management enough for the successful business model of software development company? For some companies the answer is affirmative. But you need to take into account that competition is changing the market — and that corporate bureaucracy can kill the creativity product teams need. Companies expect even more from outsourcing partners. They need help in product development. There is rather significant diversity in product and project management approach. Both of them are good for app creation. They care about the scope that must be delivered in time. However, product management is more about the market, users, and future of the application. In most cases, a product manager is on the clients’ side, and a project manager is on the outsourcing company’s side.

Key Points of Messaging App Development

Fri, 22 Mar 2019 05:00:00 +0000

One of the biggest mistakes of software engineers on the implementation stage is a lack of understanding of the specific issue they face or lack of will to find the right solution. Moreover, there always exists a narrowly focused knowledge. Thus, the way-out they pick when some issue arises usually do not solve all the existing problems.

Before starting any application, it is crucial to define the goal and answer these questions:

Design Can’t Live Alone: Applications' Perspective

Tue, 26 Feb 2019 22:00:00 +0000

What is the difference between a designer and an artist? What is the primary goal of design? How can you recognize outstanding design?

My mind is getting around the answers to these questions. I am passionate about the design in all its appearances. Everything like the graphic, industrial, interior, and product design excite the imagination. Art and design are close terms. They are so close that people tend to mix them up. At this point, I would like to add some clarity. I am broadly sympathetic to the words by Matias Duarte, Vice President of Design at Google, on the definition of the primary function of the design:

Google Security Breach: How Google Can Help You to Steal Somebody's Personal Data

Tue, 26 Feb 2019 22:00:00 +0000

2% of the free domains contain previous users’ personal data that can be easily stolen. Sounds crazy! Even if you don’t use your domain it can afflict damage to you and your business.

I would like to start this article with the world statistics provided by IBM Security. The average data breach costs $3.9M for the company. The average time to identify a breach — 196 days. The average time to contain a breach — 69 days. Just think of these huge numbers. Some companies are living their comfortable lives with holes in the security system.

Budgeting App: How to Escape Errors in Its Creation?

Sun, 10 Feb 2019 22:00:00 +0000

My very first budgeting tool was MS Excel. It was a really convenient solution 13 years ago. I created my budget items and planned my expenses per month. Every evening I put some numbers in this document. These actions helped me to understand my expending performance. Using this information, I could improve it and save money for my big goals. Basically, with that spreadsheet, I started to understand my financial behavior and work with it.

Design Checklist for the Perfect Charts: from Designer to Developer

Mon, 21 Jan 2019 22:00:00 +0000

Many applications use charts to simplify the perception of numeric information for a user. It is a straightforward and user-friendly solution. Nowadays we can not imagine any monitoring, health or trade application without this graphic element. Designers adore charts too. There is so much space for creativity and self-expression when using these visual elements. So many different kinds of animation can be implemented. Charts are used in every second app (mobile and web). So, we can praise ourselves for having a solid experience in chart development. There is a wide variety of charts: Pie Chart, Bar Chart, Line Chart, Timetable Chart, Diagram, Flow Chart, Histogram, Scatter Plot, Dot Plot, and etc. In this article, I would like to use a general term — chart.

How We Hire A+ People For Product Development Team

Mon, 21 Jan 2019 22:00:00 +0000

When you have really good people, you don’t have to baby them. By expecting them to do great things, you can get them to do great things. A+ players like to work together, and they don’t like it if you tolerate B-grade work.

Steve Jobs

I believe everyone tries to find the exceptionally talented guys in their teams. But where can we find them? How can we recognize these A+ players?

2018: We’re making headway!

Thu, 03 Jan 2019 22:00:00 +0000

The year 2018 is over. This period was a full plate of great projects and prospective products for our sci-tech crew. Some projects were a challenge for us but the results we’ve got are colossal. Dashdevs has developed and released a digital bank, several messengers, loyalty programs, e-commerce, retail and news applications.

When you working hard it is difficult to get a sense of your true-life progress. Thuswise some time is needed to realize company annual results. As a developer, I love a scientific approach and refutability theory. I believe only in statistic data that confirm rock-solid truth. Last week I’ve completed the final yearly report and crunched some numbers. They showed an impressive step ahead for the entire company. I would like to focus on 3 main results:

Clipshot App: Advanced Shooting Accessories

Mon, 18 Jun 2018 21:00:00 +0000

“Wow! It is super cool!” — the most concise client’s feedback

“We did the Clipshot app on the basis of the knowledge of mathematics, statistics and computer science” — points out the formula of success DashDevs CEO and technical lead Igor Tomych.

A year after the release of the Clipshot mobile application we met Eli Huttner, Business Development Manager — our client at Double Alpha Academy, and made up our mind to share this story of innovation.

Blog on Dashdevs. sci-tech crew.

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