Fintech Compliance in MENA: Navigating Regulations and RequirementsAs 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 …
Downing: a Story of Success from an Investment Management PlatformThe Downing investment platform is one of the most exciting projects DashDevs completed. At the time, it was a real challenge, and once we launched it, we’ve seen how good the results came out. Projects of this kind always motivate, bringing collateral value to our work as we see how our customers succeed with the platform. So, this is a story of Downing from A to Z, how we started working …
How to Shape a Business Idea and Make It WorkCreating 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 …
Fintech Nexus USA 2023 Conference: Insights and Takeaways for the Finance Digital WorldWelcome 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 …
Top Finance YouTube Channels to Watch in 2023Days when YouTube was meant solely for entertainment are long gone; now, the platform has numerous uses, one of which is education. For many, YouTube has become a way to get new skills and learn about everyday practices that can drastically simplify everyday life. Top finance YouTube channels are one of those sources of information that can easily help anyone manage their finances and build an …
Digital Transformation in Banks: What Processes are ImportantDigital 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 …
Weathering the Storm: How the Climate Change Impacts on the Financial IndustryClimate 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 …
How to Unlock the Future of Financial Services with Decentralized Identity (DID)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 …
Decentralized Finance: The Future of Financial Services?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 …
Fintech Model Options for Business: A Comprehensive GuideThe fintech business model is a pillar of how your business works and moves towards its goals. This detailed strategy identifies how to gain more revenue, enhance productivity, and increase the profits. Fintech business models are important for both fintech startups and established businesses. For the latter, regular check-ups and updates can make your company future proof. Since business strategy …
The Future of Micro-Investments Platforms: Challenges, Opportunities and Use CasesMicro-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 …
5 fintech startups & scale-ups in the UKIn 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 …
Banking and Cybersecurity: How to Avoid Threats?The rise of digital banking has brought many benefits to the banking and financial industry, including convenience, speed, and increased accessibility to financial services. However, it has also increased the risk of cybersecurity threats for banks and their customers. With the increasing sophistication and frequency of cyber attacks, it is more important than ever for banks to prioritize …
How to Create Fintech Apps for Gen ZLooking to create a fintech app that resonates with Gen Zers? Our team of fintech experts can help guide you through the process of building a user-friendly app that meets their unique needs and preferences. Whether you’re looking to create a new app or optimize an existing one, we have the knowledge and expertise to help you succeed. Once upon a time, there was a group of Gen Zers who had …
Ten Technologies Shaping the Future of Fintech in 2023The future of fintech sector is concentrated around creating innovative approaches and technology. Industry trends are shifting with the myriad socioeconomic and political elements. These factors impact markets and the worldwide financial business. So the sector is always developing. Every year, we see the emergence of new fintech solutions. There is also the evolution and refinement of …
Fintech vs Traditional Banks: Competition or Collaboration?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 …
Data-driven banking: How it will Define the Future of the IndustryData-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 …
Trends 2023: Financial Services Industry OverviewThe adoption of digital technologies in financial services is gaining momentum. Cash transactions, face-to-face meetings with financial advisors, and even ATMs are all aspects of financial services that are becoming less common. The convergence of customer demands, technological advances, and government choices will significantly impact the direction of the financial industry market trends in …
Machine Learning And AI Use Cases in Banking and Finance in 2023Innovative technologies are slowly taking over the world, being present in nearly every market segment and disrupting customer’s expectations by exceeding them. Consumers are so used to AI that sometimes they don’t notice how often they actually use it. That being stated, around 97% of mobile users surveyed by Finances Online used AI-powered voice assistants, and 51% using voice assistants in …
Cybersecurity in Banking: Main Threats and Challenges in 2023The banking industry, like any other, has now been progressively moving into the technological era. The days of physically going to your neighborhood bank to cash or deposit checks are long gone. Hence data security in banking industry is an essential topic today since almost any transaction can be completed online via the bank’s application or website. With the ongoing shift into the world …
10 Market Factors IT Businesses Shouldn't Ignore for 20222022 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 …
UK Banks: Peculiarities of Opening Your Own BankThe UK, and London in particular, is a coveted financial hub in the world, which explains why so many fintech startups continue to appear in this very geo. This also refers to banks, lending institutions, credit unions, and other financial firms that have a way with numbers and technologies. As a result, at the beginning of 2023, the investment into the sector poured significant amounts of money …
Catching Up With Financial Regulation: Regtech Solutions for BanksOver 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 …
Data Science Use Cases in the Fintech IndustryData Science has become a hype technology in the modern world and has created 20 much buzzes in all industries. It combines statistics, mathematics, data analysis, machine learning, and visualization to extract insights from all the big data fintech industry companies obtain. The research results are used for the product and process improvements of the business. Data Science becomes accessible for …
The Ultimate Guide To Fintech Development Outsourcing: How To Make It WorkFintech is one of the most promising and ambitious branches nowadays, so it shifts from being a short-term trend to a prominent market segment. In 2021, the number of fintech startups globally exceeded over 26,340, which is twice as much as in 2019. Moreso, in the same year, the US became a home for over 100 fintech unicorns. The market value is expected to reach over $698.48 billion by 2030. And …
Nine CFOs and the Digital ImperativesEven before the covid-19 pandemic started, I was convincing businesses to adapt their digitization strategies. Companies focused on the future continue to develop and invest in their own destiny despite the economic downturn and have a much better chance of surviving and thriving. Those who cut costs and curl up into a fetal position are doomed to fail. It’s time to “prove …
Dozens: from an Idea to the Digital Financial Institution in 9 MonthsHave 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. …
Best Back-End Technologies For Fintech Development ProjectModern financial technology is reaching its peak. Don’t just take our word for it. Look at the stats — they reveal the whole story! $50 Billion is invested in fintechs annually Nearly two-thirds of all financial transactions are made online Every year, around 500 new fintech startups are established Banks can gain up to 30% operations profit by turning to fintech Nearly 2 Billion people are still …
Top Priorities for Finance Leaders 2023Much 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, …
Best Finance API Companies in 2023The API is the best and quickest way to transfer data between Google’s servers and software used for trading or automated data collection. What exactly is an Application Programming Interface? Overall, it is an application framework that allows multiple computers to communicate with one another, resulting in massive data exchange. If you need an example from the everyday consumer’s …
Five Trends That Will Reshape Wealth Management in 2023The 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 fast-paced world, wealth managers need to embrace innovative technologies and concepts that foster personal …
How to Start a Finance Company and Make it Successful?75% of consumers today use fintech products and have high expectations for the services they get. They want faster payments, lower-cost services, and other specific solutions. Fintech (short for “financial technology”) now refers to start-ups as well as small and medium-sized organizations (SMEs) that use cutting-edge technology to deliver financial services. Many financial …
KYC: How to Avoid Fraud in Fintech AppHow to prevent fraud in the company? Nowadays, people can run the world via their mobile phones. We can communicate with friends, perform task management, perform financial operations, order or buy things, etc. Nearly every aspect of our lives is becoming easier and more convenient, but harder to detect fraud. From this perspective, the unstoppable growth of the digital banking system inspires me …
Top 10 Fintech Digital Companies as Alternatives for the Marqeta Card Issuing PlatformWith today’s neobanks and challenger banks boom, suddenly, everyone realized that cards are manufactured somewhere, and there is more than one card issuing company. Second, to your application, your card is your company’s face, so it should be as qualitative and beautiful as your business in the eyes of your clients. And, of course, it shouldn’t cost you too much. Consequently, trying to meet the …
Best Practices for Account Verification ProcedureIn the face of fintech software development practice, account and identity are almost the same. Related institutions empowered to monitor banking activities don’t recognize individuals or organizations—they process transactions. However, before validating any notable digital movement, they need to verify your identity. Fortunately, present-day banking operations are easier to perform with the help …
How Long Does It Take to Develop Fintech App?This article will be helpful if you want to understand the basics of creating a wonderful fintech app and choosing the best fintech app development company, as well as other insights about how to develop a software application. Many transactions are conducted online in today’s world. Online banking, webpages, applications for investing, loans, and other financial transactions are rapidly evolving. …
API In Banking: The Guide to Bank APIsAPIs or application programming interfaces have been around for decades in different forms, but today the word “API” in banking is usually used to refer to web APIs. Web API technology is very popular, but in fact, there are not that many of them. They allow engineers to extend work by reusing existing code. They act as connecting elements between different technical systems. APIs …
Software Development for Fintech in 2023: In-house vs OutstaffWhen you start a fintech development 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 fintech software development company to do all the tech jobs for you. In addition, the consulting model can give your company a wide range of creative abilities in the field of fintech. …
TOP 7 Fintech Industry Trends in 2023The 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 2023 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 …
Top Green Finance Companies — Sustainable Fintech Firms in The WorldWhat Does Financial Sustainability Mean? It may seem, at first view, that finances and climate change aren’t related. However, the biggest fintech firms prove otherwise. Every day, fintech news is overflowing with information on innovative green alternatives designed to tackle environmental problems. No wonder all global organizations, including the United Nations, are emphasizing the importance …
Digital Transformation Technology Trends in 2023Nobody could have predicted the digital transformation trends that the world will now navigate in the early 2020s. When the pandemic hit, the urgency of digital transformation activities increased dramatically. Organizations of all sizes and across all industries have had to invest in cutting-edge, collaborative technology to stay competitive. The price tag was an unpleasant awakening for …
5 Challenges of Digital Transformation in BankingAfter more than a decade, digital transformation in banking remains one of the industry’s most difficult tasks. Despite the best efforts of the banking industry, digital adoption has been slow because of operational and cultural barriers, difficulties in operation and potential hazards, and difficulties in modernizing an aging IT system to incorporate cutting-edge digital advances. Digital …
The Growth Of Banking Software Development: Building Banking Software Of The Future TodayUp 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 …
Best Mobile Banking App in 2022Apps for mobile banking have progressed a lot. Digital check deposit was formerly thought to be cutting-edge technology. Consumers of each best banking app in 2022 have learned to anticipate this type of capability, as well as quick transfers of money, bill pay, ATM locators, and other features. Some applications now allow you to track accounts from various banks. What factors are most essential …
How Much Does It Cost to Build a Fintech App?How much is the cost to build a fintech app? It’s a profound inquiry, but one for which there is no cookie-cutter response. Time and developers’ wages are the two most important variables. The time involved is proportional to the platform, the features’ complexity, and the server architecture needs. Budget for the development heavily depends on the previous experience and how much your …
Top 10 Fintech InnovationsBy 2026, the worldwide FinTech market will grow to $31.5 billion. This is roughly 4 times what it was six years ago. Many fintech companies and seasoned professionals will remain innovative in these and other areas in 2022, so financial services businesses should keep a close watch on IT innovations in fintech. As you know, DashDevs is always looking forward to keeping you at the cutting edge of …
Top Frontend Technologies for Fintech Development ProjectPeople 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 2022, we anticipate an exponential rise in fintech solutions. Given the significance of social distance and growing safety concerns, current and …
How to Hire a Fintech Developer?Every niche has its own specifics, and sometimes it requires special types of employees. Because fintech is so specific, it’s important to find programmers who know what they’re doing. Keep reading our article if you want to know how to put together a good fintech team and what to keep in mind during the search. What is a Fintech Developer? Fintech is short for “financial …
TOP 10 QUESTIONS TO ASK A FINANCIAL ADVISOR IN FIRST MEETING?You may be a business owner wanting to deploy a digital solution, or you could be an individual who has previously taken the risk of developing a financial product on your own and lost a significant amount of money as a result. In any case, our team is here to make sure you pick a financial advisor who will undoubtedly help you win, save, and earn. These are financial management specialists, often …
Robotic Process Automation for The Financial Services IndustryInformation technology has already reached the stage where it can do activities as complex as those performed by humans, thanks to advancements in computer processing power and maturity. Although some people — including our customers and partners — believe that robots are humanoids, droids like those in Star Wars, or mechanical arms like those in Toyota factories, this is not the case. There are …
The Difference Between Outsourced Software Development and Outsourced ConsultingWhat 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 …
TOP Wealth Management Platforms 2022: Power Up Your Fintech AppWhat lacks the majority of software product providers is speed. Fintech companies can’t afford to have a lack of operational scalability and consumer reach, and this is a must. Moreover, the ever-rising customers’ expectations bar to the product tools also calls for the reconsideration of the business-human relationships. And that’s easier done if choosing the product lifecycle …
What is Marqeta? Everything You Wanted to Know About Marqeta Inc.So many talks have been recently heard about Marqeta Inc and what it exactly does, and that’s already happening after a decade after its appearance in the market. So, we’ve decided to come up with the 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 …
Software Development for Fintech: In-house or Outstaff?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 …
The Value of Plaid in the Fintech Industry: An Open Banking PlayerWhat if you were told that not all fintech companies have access to your sensitive banking information? Would you be surprised to learn that Personal Capital, Mint, Chase, and Bank of America use Plaid as a secure intermediary entrusted with your private data? What is Plaid, after all? Originally launched by Zach Perret and William Hockey as a bookkeeping and budgeting platform, Plaid is present …
How Does a Digital Ledger Work in the Banking Sphere?A distributed ledger, shared ledger, distributed ledger technology, digital ledger, or virtual ledger — you may come across all these words as variations related to one umbrella term. So, what is a digital ledger? In simple terms, that’s a book of record that serves the perfect data storage and shares it among the different sites, network entities, and geographies. Still not absolutely clear …
Ways to Secure Funding for a Fintech StartupNowadays, 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 …
Tokenization vs. Encryption: Pros and Cons in Payments ProcessingWhat 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 …
AI & ML Usage by Developed Countries: Cases to Learn-(copy)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 …
One More DashDevs Digest to Hype Up Your Interest!Are you dying to find out the freshest fintech news of the passing July? Would you like to become a pro in fintech and second-guess the banking changes before they actually happen? No need for having a gift of clairvoyance! Just stay with us, and we’ll teach you all the magic! Breaking Crypto News of the Week: 07.26 - 07.30 Eesti Pank Has Found the Solution for Blockchain Issues! The …
Make an Education Pause with the New DashDevs DigestThis week — 07.19 - 07.23 — was intense and chaotic in terms of data violation attacks and their implications for the whole world. And all this only proves that practice is the mother of tuition — your vast fintech and banking intelligence is the key to defense! Don’t allow the perpetrators to fool you and come in the guns blazing! Fresh Cyber Crimes or Read to Know Your Enemy Hungary and …
Don't Restrain Your Compulsion to Read the Fresh DashDevs DigestWhat are you up to right now? Can it wait for a while? Put your things away for a moment and get into the fresh fintech news to enliven your Friday evening! We’ll feed you only with the best material, so get ready to chew and swallow the special! A Little Glimpse of the Global Fintech Trends Cryptocurrency Becomes the New Money Laundering Scheme in the UK In the world of digitalized …
Here Goes Another Groundbreaking DashDevs Digest!The Devil is in the details, isn’t he? Go straight to the fintech details of this week with the help of the DashDevs team and enjoy your Friday evening to the full! New banking merges, countries’ and companies’ remarkable liftovers, and more than that are waiting for you below. Weekly Heads Up on Finance: 07.05 - 07.09 The Swiss Are Still Paying by Cash: Can You Believe It? …
Anything New in Fintech? — Stay in Tune with the DashDevs Digest!This week, 06.28 - 07.02, isn’t primarily about June’s ending but more about tech- and finance-related milestones. Are you a lover of different professional conferences and festivals? Then this news digest will be your cup of tea! Without any more digression, let’s dive into the fintech events of this week with gusto! Weekly Tech & BaaS News VivaTech 2021: What’s It All …
Spend Your Friday Evening with the Dashdevs Digest: 06.21 - 06.25Do you keep your finger on the pulse of the latest banking and investment news? Are you familiar with the fresh changes in the crypto niche? And finally — would you like to be informed about all this stuff? If yes, our Dashdevs hot news selection is what you need! Without further ado, let’s cut to the chase! Investment Questions to Answer with DashDevs $60m on the New ETF-based Hedge Fund …
Most Inspiring TED Talks Insights Into App DevelopmentAre 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. …
The Inside of Various Pension SystemsDo 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, …
The Freshest DashDevs Digest Brings You the News: 05.24 - 05.28The fintech sphere is always characterized by incredible breakthroughs and painful downfalls. That’s what our digest is about! We invite you to a safe trip around the startups’ progress, banking innovations, and some risky ventures to look at and learn from. Can’t wait to read the latest news? Let’s do it! End of May Banking & Investment Breakout The Goldman Sachs Group Considers Ethereum …
Solutions To Key Fintech Development Challenges From A Proven VendorSo, 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 …
The Long-Lasting Coronavirus Impact on Economy or Thoughts on the Business Change Amid COVID19So 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 & …
Stripe Issuing and Why You Should Care About New Credit Card IssuerAs most of the world is on lockdown trying to prevent further spread of COVID-19, it’s hardly surprising that people are massively turning to the Internet to buy what they need. New circumstances make some goods categories reach new heights. For instance, US sales of baking mixes increased by 489%, nail polish - 335%, hair coloring - 310%, and chocolate - 298%, as compared to the same period …
The Rise of PPaaS: Preparing for the Next Wave of Fintech DisruptionThe 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, …
Introduction to Insurtech: Business Models, Challenges, TrendsInsurance 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 …
The Growth of Banking Software as a Service and the Pi1 CaseUp 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 …
The Internet of Payments and Benefits of IoT in Financial ServicesFrom 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 …
Dashdevs Fintech Autumn 2019: NOAH Conference, FinTECHTalents, and Project Imagine DebutThe 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 …
Dozens App Story: Becoming a Top Fintech App in One YearA year has passed since the release of Dozens app to the stores. Now, this fintech application has over 20k of real registered users who are the owners of beautiful yellow and grey debit cards. Dashdevs, as a technology partner, and I, as a digital product owner, have been working on this application from the very first day. My first task was to conduct marketing research, define competitors, and …
15,000 of Dozens App UsersI love to develop digital products. It is the most exciting activity for me, at least by now. Moreover, it is not only my passion. My team always puts their hearts and souls into our work. From the beginning of the 2018 year, Dozens had become my ruling passion. It is not just a new challenger in the UK market, it is a personal guide to fintech offering users a unique journey from spenders to …
Dozens App Results: Top 10 UK Banking Apps Application for July 2019We 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, …
The Fintech RevolutionWhen 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 …
2018: We’re making headway!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 …
