Product Development

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 …

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 …

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 …

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 …

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 …

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 …

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 …

“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, …

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