
Product Development



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 …



Choosing a proper tech stack for a project is one of the first critical points at the very start. Facebook’s React Native and Google’s Flutter have gathered widespread attention as development frameworks for their capabilities and features. But which is superior?
Statistics show that Flutter is the top cross-platform mobile framework used by software developers, with the usage rate …

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 …


Digital wallets are on the rise, being adored by over 3.4 million users worldwide. Over 2838 billion transactions are forecasted to be made with digital wallets in 2028. The demand for fast, secure, and easy-to-use solutions is growing at an exponential speed, promising higher ROI for those joining the wave. So, with the demand and usage growing, there stands a question; how does one develop a …

Since 2020, super apps have been gaining an advantage over traditional apps and increasing in popularity. The super app market shows an annual growth rate (CAGR) of 27.8%, and a considerable adoption rate, with 1 in 3 people being users of super apps, and about 74% of consumers expressing interest in super apps in general. So, what should businesses know about super app development in 2025 and …

How to Conduct an Effective API Regression Testing with Minimum Resources Spent
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 …



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 …

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 …

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 …


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 …




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 …


The value of distributing goods and services digitally, with an opportunity to receive payments online, is immense. For instance, retail e-commerce revenue globally alone has exceeded $4.1 trillion as of 2024. And there are still other industries where businesses widely utilize websites that can accept online payments.
In this post, you’ll discover what a website payment system actually is, what …



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. Altogether, the project discovery phase is a sure way to avoid overstepping your budget or deadlines.
Statistics show …
2024/09/30


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 …

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 …


The digital payment boom has changed how people buy and pay for things. For example, modern businesses are use electronic methods to make their operations more efficient, and it helps them achieve competitive leverage. The online payments imply the presence of a merchant service provider.
Statista research predicts the overall transaction value increase by 11.79% annually from 2023 to 2027, …

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 …

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 …

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 …

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 …

What lacks the majority of software product providers is speed. Fintech companies can’t afford to have compromised operational scalability and consumer reach. That’s why it’s possible to observe the growing demand for wealth management platforms used to automate fintech tasks and help handle finances.
In 2023, the worldwide market for wealth management software was worth about $4.59 …

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 …



In 2024, one-fifth of all retail purchases will be made online, and a third of shoppers will make online purchases on a daily basis.
It’s obvious that online shopping has turned from luxury into a necessity for modern consumers.
If you own a retail business but still don’t sell online, now it’s time to jump into an e-commerce train.
With an online presence, you will be able to …

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 …

In 2023, Revolut 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 2023 to 2030. It proves that the neobanking market is far from being saturated, while more and …


Are you constantly on the lookout for new tools to improve business operations? Robotic Process Automation (RPA) could be the technology you’ve been missing out on.
A study shows that 98% of IT leaders believe automating business processes is necessary for getting industry advantages. And this is true because RPA for finance can reduce labor-intensive tasks by up to 80%.
Finance RPA includes …

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 …

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 …

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 …







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 …

Nowadays, it’s nearly impossible to imagine life without finance, apps, and software.The software development market is projected to achieve a value of $1039 million by the year 2027, demonstrating a Compound Annual Growth Rate (CAGR) of $22.54% from 2020 to 2027.
What’s even more intriguing is McKinsey’s research indicating that the fintech industry is anticipated to grow …










Product discovery is an initial phase that precedes the project’s development stage. During product discovery, the product team delves into the market, identifies potential problems, and explores their solutions. Failing to undertake thorough discovery puts the team at risk of creating a product that can’t function properly, disappointing clients, wasting time and resources, and …



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’ …
2023/07/04















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 …
2023/01/11






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 …

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 …




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 …


I recently had a talk with one of our prospects. That person was looking for a foolproof way to digitalize his business, which obviously isn’t big news given at least 70% of companies have a digital transformation strategy. It’s his answer to my question regarding the factors driving the shift that got me thinking.
So, as I was going through my usual routine trying to figure out …


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 …


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 …

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 …


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 …
2019/11/29

A fortified digital ecosystem is one of the most valuable competitive advantages that a business can have. Information technologies are moving brands to the future with improved solutions, software, or engineering approaches that solve their customer needs in the most effective way. In this armaments drive, the most valuable and sometimes undervalued parameter for a business is time. There is a …
2019/11/24

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 …
2019/11/18


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 …





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 …



“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 …