


20 Fintech Companies That Will Continue To Dominate The Fintech Market In 2021
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 endeavors, 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 …Fintech
2020/10/28

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 …Fintech
2020/10/27

7 Elements To Keep In Mind When Launching A Fintech Startup
It’s boom time for fintech. The market is enjoying a huge wave of interest and new products are being launched constantly, many of which are transforming the way businesses and consumers think about finance. But the market isn’t flooded yet. Do you have an exciting idea for a new fintech product? There couldn’t be a better time to launch it - but starting, developing, and launching a fintech …Product Development
2020/09/22

Card schemes to take Click to Pay standard global
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 …Fintech
2020/09/14

The future of fintech - 7 predictions for the next decade
The last decade has seen explosive growth in the fintech sector. Financial technology has become embedded into the lives of consumers and businesses, and a number of vanguard fintech companies have significantly changed the financial services landscape. But, in the first year of a new decade, what will the next ten years bring for fintech? Here, we’ve outlined some predictions for the future of …Fintech
2020/08/27

Is there a pattern in recent fintech staff layoffs?
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, …Fintech
2020/08/24

Budget allocation and management in a fintech startup: the quick-start guide
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 …Fintech
2020/08/06

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 …Fintech
2020/08/04

Fintech Risk Management: Protecting Your Company In A Crisis
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 …Fintech
2020/07/30

Contactless Payments To Outgrow A Mere Means Of Combating COVID-19 In The US?
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 …Fintech
2020/07/28

Stripe Issuing and Why You Should Care About New Credit Card Issuer
As 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 …Fintech
2020/04/28

The Rise of PPaaS: Preparing for the Next Wave of Fintech Disruption
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. BaaS platform providers enable their partners — which may include insurers, fintech, telecoms, e-commerce firms, and others — to …Fintech
2020/02/20

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 …Fintech
2020/01/10

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 …fintech
2019/12/24

PSD2 and Open Banking Bring About New Security Threats. How to Prevent Them?
In September 2019, an updated European Union (EU) regulation, namely the Revised Payment Service Directive, and a global Open Banking API standard have entered into force. A few days after the official deadline, there were over 205 third-party providers (TPP) willing to assist businesses and individuals with payment initiation or account information services, and about 56 percent of them are from …fintech
2019/12/10

Dashdevs Fintech Autumn 2019: NOAH Conference, FinTECHTalents, and Project Imagine Debut
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 …
Data Science and Fintech Industry
Data Science has turned into a hype technology in the modern world and has created much buzz in all industries. It combines statistics, mathematics, data analysis, machine learning, and visualization to extract insights from all the big data that a company obtains. The results of the research are used for the product and process improvements of the business. Data Science becomes accessible for …Fintech
2019/11/20

How Consulting Services Help FinTechs Save Money and Drive Innovation
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 …Fintech
2019/10/28

Welcome AI: 7 Ways How Chatbots Make Your FinTech App Better
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. …fintech
2019/10/09

Dozens App Is Named a Gamechanger by Startups 100 Index
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 …
The Fintech Revolution
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 …Fintech
2019/06/09

Dozens: from an Idea to the Digital Financial Institution in 9 Months
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 mentioned stories, the process of a digital product creation seems to be quite easy for everyone. You …
Digital Banking Product Development: Challenging Beyond the Challengers
“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 …Products
2019/04/25

Development of Mobile Apps for Fintechs. Hints from Fields
There hardly exists a sphere of human activities untouched by mobile applications. Apps fit the swift pace of life entirely. We get used to the level of comfort mobile services provide anywhere and at any time. Finances, payments, and banking domains follow the tendency. Among many apps Dashdevs has developed together with clients for 8 years, there were a mean bunch of projects from the fintech …Fintech
2019/02/18

KYC: How to Avoid Fraud in Fintech App
Nowadays, people can run the world via their mobile phones. We can communicate with friends, perform task management, financial operations, order or buy things, and so on. Nearly every aspect of our lives is becoming easier and more convenient. From this perspective, the unstoppable growth of the digital banking system inspires me the most. People are ready to give financial institutions or …Fintech
2018/12/16