fintech-consulting
UI Сustomization: Working Principles of 2021
User Interface — sounds clear but what exactly does this concept cover under its umbrella? And why do so many people, even experts, still confuse UI with UX? What’s the borderline between the two? Get it straight right now! As a matter of fact, UX is the broader term that relates to the whole User Experience with the specific website/app. Usually, this experience takes place digitally, but …
Fintech Back-End Development: Which technologies To Base Your Product Around?
The fintech industry today is stronger than ever. Don’t take just our word for it. Simply look at the stats – the numbers speak for themselves! $50 Billion is invested in fintechs annually Nearly two-thirds of all financial transactions are made online More than 500 new fintechs are created every year Banks can gain an up to 30% operations profit by turning to fintech Nearly 2 Billion …
Solutions To Key Fintech Development Challenges From A Proven Vendor
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 …
Everything You Need To Know About US Fintech Regulations
The regulatory landscape for fintechs operating in the US is extremely complex. There is no ‘fintech-specific’ regulatory framework in operation in the US, but fintech businesses’ activities will almost certainly come within the purview of several regulatory bodies and will require the firms to register and comply with the obligations set out by one or (more likely) several regulatory bodies. The …
How Can Your Business Get Started With Card Issuing: Tips From The Field
Payment cards are booming. In the UK, startups like Curve, Pleo, and Soldo are enjoying huge success by reimagining the uses of the humble debit card, and the number of businesses providing either physical or virtual payment cards as a core part of their offering is rising exponentially. And the most surprising thing about those businesses? Virtually none of them are traditional banks. This …
How to Start a Fintech Company and Make It Successful-2: Business Product Ideas
Today over seventy-five percent of individuals use fintech products, and their expectations for services not only remain high, but they’re continually growing. They’re looking for faster payments, cheaper services, and other personalized offerings. Currently, fintech, or financial technology, is a roomy term that describes both startups and SMEs providing financial services through the …
How to Start a Fintech Company and Make It Successful. P1
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 …
The Growth of Banking Software as a Service and the Pi1 Case
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 …
The Ultimate Guide to Fintech Development Outsourcing: How to Make It Work
Fintech ceases to be a simple buzzword and a short-term trend. These days it is one of the most promising and ambitious branches, and the numbers speak for themselves. As of February 2019, there were over 12,000 fintech startups globally, and the sector exceeded $55 billion in investments. Meanwhile, the worldwide financial industry is expected to cost over $26 trillion in 2022. From individuals …
The Internet of Payments and Benefits of IoT in Financial Services
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 …
Financial Technology Trends to Dominate in 2020 and Beyond
The pace of change in the banking and financial services (FS) field has never been faster, and fintech is at the epicenter of this reinvention. In the last few years, we’ve witnessed the emergence of new modifications of fintech products and services that are exclusively developed for certain functions within the financial ecosystem, like InsurTech, robo-advising, and RegTech to name a few. …
Dozens App Story: Becoming a Top Fintech App in One Year
A 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 …