Top 10 Fintech InnovationsBy 2026, the fintech services market will grow to $31.5 billion. This is roughly four times what it was six years ago. Many fintech companies and seasoned professionals will remain innovative in these and other areas in 2024, so financial services businesses should closely monitor IT innovations in fintech. In this article, I focus exclusively on what our team believes to be the trendiest fintech …
ChatGPT for Fintech: How to Use ChatGPT in BankingArtificial intelligence (AI) has changed the financial services industry, with applications in investment banking, insurance, wealth management, and more. One of the most promising AI tools for investment banking is ChatGPT. This generative pre-trained transformer language model can be used to provide virtual assistants for customer service and support. Chat by Open AI can handle complex financial …
How to Create Fintech App For Gen Z | DashDevsGeneration Z’s financial preferences are swiftly veering away from traditional modes of payment, embracing innovative alternatives such as Buy-Now-Pay-Later solutions, digital wallets, and cryptocurrencies. The following statistics scream: “Today is the best time to create a fintech application that aligns with Gen Z needs!” A significant part of Gen Z, estimated between 50-80%, …
Top 10 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 …
Everything You Need to Know to Build E-Commerce Business in 2023“E-commerce isn’t the cherry on the cake, it’s the new cake.” — Jean-Paul Ago, CEO of L’Oréal. The retail industry has witnessed transformations lately, which have been truly impressive. One of the reasons behind this transformation is the surge to shop online. It is projected that by 2023, 2.89 billion people will engage in purchases, accounting for more than 36% of …
Merchant Acquiring: Understand E-Commerce Payment ProcessingUndoubtedly, we’ve all experienced the sheer convenience of ordering products online and effortlessly swiping our cards at the favorite stores — simple and efficient, isn’t it? Today, we live in a world that elevates the customer experience and holds immense benefits for businesses — the realm of payment acquiring. Merchant services that handle payments within the United States have …
What Is Computer Vision and How It Helps Businesses: iOS Use CaseDrawing from my firsthand experience in the tech world, I’ve always been intrigued by the vast potential of computer vision, especially its transformative power when infused with the Apple ecosystem — more precisely, iOS. Apple, a trailblazer in innovation, has consistently integrated advanced features into its products, and its venture into computer vision is no exception. With its …
The 5 Key Trends in Banking to Follow in 2023Recently, I had the honor of representing DashDevs at the World Banking Forum in Greece. This event, which annually brings together the world’s leading financial experts, proved to be an enlightening experience. After engaging in several in-depth discussions and attending keynote speeches, I’ve identified five key trends poised to redefine the banking industry this year. Let’s delve into …
Best business models to choose for fintech startups in 2023The fintech industry in 2023 has witnessed unprecedented growth, solidifying its status as a pivotal player in the global financial ecosystem. From the bustling streets of New York to the financial hubs of London and Dubai, fintech innovations are not only reshaping how businesses operate but are also redefining consumers’ relationships with their finances. According to EMR, the global …
Monzo Changes British Digital Banking With New Investments FeatureMonzo, valued at $4.5 billion in a bold move within British digital banking, has presented a groundbreaking investment feature. This development is a significant milestone for Monzo and the broader financial technology sector. In this article, we go through the details of Monzo’s new offering, what it means for clients, and how it aims to reshape the landscape of digital banking. How Does …
Everything You Need To Know About Integrations With Open Banking ProvidersYou are about to build a fintech app, but you need to ensure it solves actual customer problems and stays competitive in the market. So what do you do? The answer is to explore open banking integration for your product or service. This will give you access to vast swathes of customer data for better personalization. In recent years, open banking regulations have made it possible and lucrative for …
Top 15 Fintech Events Worldwide in Q4 2023Events are the best way to build a strong network for your business and yourself as a business individual. 79% of people agree that networking plays a vital role in career and customer attraction, as about 40% of people are inclined to become customers of a particular company after meeting a business owner. But networking also has to be mindful. Good networking events always come with a great …
Revolut's SegWit Wallet Integration: A Win for Bitcoin UsersBitcoin, the world’s leading cryptocurrency, has captured the hearts of millions, with its user base growing extremely fast during the last decade. As of the latest statistics, over 400 million people actively engage with Bitcoin worldwide as of 2023, showcasing the rising influence of decentralized digital currencies. On the other side of the spectrum stands Revolut, a trailblazer in …
Tap to Pay: What It Is and How It WorksDespite the contactless payment technology being around for quite some time since 1990-2000, the Tap to Pay feature recently released by Apple is new. It still acquires all the usual benefits of contactless payments that brought them their astounding popularity, with over 94% of smartphones in the world being NFC-enables. The most apparent benefit of contactless payments was its speed and ease of …
Burnout Prevention and TreatmentLet’s talk about “burnout” in the world of IT. It’s more than a trendy word—it’s a real issue that can harm employees’ work and well-being. If you’re a manager or leader, getting a handle on burnout is vital. Here, I’ll discuss some tips to help create a happier, healthier team. Imagine this: Lisa was a standout employee when she joined your team. …
Blockchain and Distributed Ledger Technology in FintechOne of the most revolutionary advancements in recent years is the emergence of distributed ledger technology (DLT). This technology and blockchain are transforming financial transactions and opening up new possibilities across various sectors. In this article, I will explore the world of blockchain and DLT, and their benefits, highlighting some of the exciting use cases they offer in fintech. Why …
How to Implement Robotic Process Automation (RPA) in Your Business: A Step-by-Step GuideRobotic Process Automation (RPA) uses software robots or artificial intelligence that mimics human interactions with digital systems, applications, and processes. With speed and accuracy, these virtual bots can perform repetitive tasks, such as data entry and extraction, report generation, and more. According to Automation Anywhere, 98% of IT leaders deem automation vital for their business …
How Robotic Process Automation (RPA) is Transforming the Fintech IndustryThe fintech industry is undergoing a remarkable transformation with the introduction of Robotic Process Automation (RPA). RPA involves using software robots or “bots” to automate repetitive and rule-based tasks, freeing human resources for more strategic and complex activities. This post will explore how RPA revolutionizes the fintech industry, driving operational efficiency, cost …
Digitalization as a key point of revenue growthIn my 15 years of experience in the fintech industry, the impact of digitalization on businesses and their growth trajectory has been undeniable. This sweeping transformation, once a mere concept, has become a crucial driver of revenue growth across various sectors. The rise of digitalization has marked a shift in how businesses operate and connect with customers. By implementing digital …
A Comprehensive Guide on How to Pitch to Secure FundingThe times have changed, bringing about various transformations, but one thing still needs to be made public. Suppose you are an entrepreneur or startup founder. In that case, securing funding is necessary, inevitably leading you to wonder how to create a pitch for investors. You’ve likely dedicated much time to contemplating how to attract investors to your startup and how to present your …
10 proven tips for crafting an effective pitch deck and supercharge your fundraising successAs a product manager and consultant for many startups and businesses, I’ve seen my fair share of pitch decks and have some knowledge on which one of them would more likely secure funding. Hence, I understand the needs and aspirations of starters like yourself. You desire to bring your innovative ideas to life but need guidance on creating a well structured investor pitch deck. That’s …
Payments via Social Channels: Exploring the Future of Digital TransactionsThe way we connect, communicate, and engage with others has been revolutionized by social media platforms. However, these platforms have gone beyond mere social interaction and expanded their functionality to include integrated payment solutions. This shift has brought a significant transformation in how we conduct online transactions, creating new opportunities and challenges for businesses and …
The Future of Insurtech: Emerging Technologies and TrendsThe insurance industry, traditionally viewed as a behemoth slow to adapt to change, is undergoing a seismic shift in its operations and customer service thanks to the advent of Insurtech. The fusion of insurance and technology, Insurtech is revolutionizing how insurance companies conduct business, assess risks, and engage with their customers. As we move further into the digital age, the future of …
Maximizing Cost Efficiency: A Guide to Selecting the Right Software Vendors for a Successful Product LaunchAs you grow your fintech business, you will face many challenges, some of which can be solved by vendor integrations. They can help you comply with regulatory requirements, ensure customers can exchange money or get a loan, issue cards, and perform other essential tasks. When you start, it takes much time to understand which vendors you will eventually need and which option to choose. Since my …
Innovation Mobile Payment Technologies: Opportunities and ChallengesMarket research forecasts that global mobile payments will grow to USD 75,412.89 million by 2027. Entailed by immense growth of the mobile user’s audience, mobile payments evolution highlights new ways of acquiring goods and services. Being profitable, comfortable, and easy-to-use mobile payment technologies innovate the fintech domain in many ways. In this article, I will get you through …
Exploring the Future of Finance: Key Insights from Money 20/20 Europe 2023Taking place in the vibrant city of Amsterdam, Money 20/20 has emerged as Europe’s premier event, bringing together an extensive network of financial institutions and fintech enterprises. As participants among the 9,000 attendees, the DashDevs team immersed itself in an enriching experience, delving into 70 hours of remarkable content delivered by distinguished thought leaders and conducting …
The Rise of Ukrainian Talent in Fintech: Driving Innovation and GrowthIn the ever-evolving landscape of financial technology, one group of professionals has been steadily making waves and leaving an indelible mark on the industry: Ukrainians. They have emerged as pivotal contributors to the global fintech revolution. They possess exceptional skills, unrivaled expertise, and unwavering determination. From London to New York and beyond, they have been instrumental in …
Top 5 Stripe Superior Competitors for BusinessesNavigating the vast landscape of payment processors can be a daunting task. There are a myriad of options available. As you embark on the quest for the ideal payment processing solution for online transactions, it’s inevitable that you’ll encounter Stripe. This developer-friendly online payments platform has garnered significant attention. It has established itself as a prominent …
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 …
How to Create an Effective Go-to-Market Strategy for Your Tech ProductAs a product manager responsible for the launch of a product, service, or business, I recognize the vital role of a well-crafted go to market strategy. A solid plan is essential to avoid the pitfalls of a chaotic journey, akin to driving in the dark without headlights, where challenges and delays abound. Effective planning involves not only the product, story, or team behind it but also the …
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 …
Social Media Payments: A Game-Changer for the Financial WorldSocial Media Payments: A Game-Changer for the Financial World As someone who has witnessed the transformation of social media platforms over the years, I am excited to explore the latest innovation in this space: social media payments. It is amazing to see how far social media has come from being a simple means of communication and entertainment to becoming a powerful tool for commerce. The advent …
How to Make Informed Business Decisions with Sentiment Analysis in Financial ForecastingAs a business owner, you understand the importance of making informed decisions to drive growth and success. One way to gain valuable insights into public opinion and market sentiment is through sentiment analysis. By leveraging the power of artificial intelligence and natural language processing, sentiment analysis can help businesses predict market trends, better understand consumer behavior, …
Top Trends of Ethics and Social Responsibility in Fintech: What You Need to KnowFintechs in 2023 have evolved from being solely focused on profit. To keep next generations of customers, successful financial services leaders operate their businesses in a manner that serves the greater good while still being innovative and profitable. This approach is known as Corporate Social Responsibility (CSR), which emphasizes the ethical practices of companies. In this article, I will …
The Importance of Inclusive Design in Product Development: Why Designing for Diversity MattersThe aim of UX designers is to simplify the usage of digital products as much as possible. They achieve this by creating personas, testing designs with users, analyzing use cases, and incorporating UX best practices. Yet, designers sometimes overlook the needs of all potential users. As a new decade begins in the design world, there is a growing emphasis on inclusive design. Hence, UX specialists …
How to Increase Your Revenue Using Blockchain Technology in 2023Blockchain is closely associated with cryptocurrencies and yield farming. It gives the technology a somewhat bad impression among users and even businesspeople. However, blockchain technology is much more than just crypto. It can be used in various industries adding more value to cybersecurity, workflow stability and productivity, and cost-effective operations. First, the blockchain’s market …
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 …
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 …
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 …
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 …
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, …
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 …
5 Cloud computing trends 2023: Predictions and Growth DriversCloud computing is one of the most rapidly evolving trends in the information technology sector. Even though the cloud technology trends have been around for more than a decade, its popularity has skyrocketed in recent years. Given this growth trajectory, cloud computing industry trends will become the most discussed topic in 2023. The shift to the cloud is no longer a choice since its features …
What Is a Business Growth Strategy and How to Work It Right?Businesses may need help to recover from the pandemic and adjust to new realities. However, significant growth is possible within the new normal. All you need is an understanding of how to create a business growth strategy and know how to make it work. In 2022, we discovered a bunch of the best business growth strategies for small businesses and how meaningful they are for business capacity …
How Autonomous Finance Can Drive Business Success In 2023Fintech leaders like autonomous finance solutions more and more because they can improve business processes, operations, and workflows by automating them with software that learns on its own. The global autonomous finance market was already worth US$14.57 billion in 2021, and experts expect it to grow at a 16.8 percent compound annual growth rate (CAGR) by 2030. But what is autonomy, actually? The …
The Future of Software Development: How AI Will Transform Development in 2023The software industry is fast-changing, and many trends will undoubtedly evolve in the next few years. In this competitive market, you must be informed of the latest AI software development innovations to build your company and prosper. Developing an app while maintaining existing software development AI trends will assist you in reaching your objectives and improving your firm’s …
6 Benefits of Using Big Data for Businesses: The Ultimate GuideToday, trends in the field of big data for small business are critical. Implementation of these advances can lead to increased productivity, improved decision-making, the implementation of best practices in big data management, and deeper insights from data. Trends in big data include paying more attention to the quality of the information, improving governance, using technologies like artificial …
Latest Trends in Data AnalysisYou’ll be amazed to know that we generate more data in two days than we have in decades. Yes, that is correct, and all of us are unaware that we generate that much material just by surfing the Web. If you don’t want to be caught off guard by future technology, pay close attention to these current data analysis trends and stay competitive! Adaptive and Smart AI Systems One general trend …
Latest Mobile App Development TrendsYou may cultivate your ideas and promote innovation trends by developing mobile apps. The sector is expanding and becoming faster, larger, and a hub of limitless options. To establish a reputation for yourself in the digital world, you need to become acquainted with the latest mobile app development trends in 2022. 2023 is coming, and now is the time to add innovative thinking to your mobile apps …
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 …
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 & …
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, …
Product Owner Talks: Google and SEO Best PracticesThese days a landing page is a must-have for effective business growth. It describes your product or service, benefits for potential users, and articulates your goals. It is where a customer comes clicking on the ad or performing a search. And most importantly, a well-thought-out page can easily become the primary sales tool or literally revenue generator. Being a product manager and working with …
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, …
Trends in Software Development Revealed at WWDC1. Swift UI — new UI implementation on iPhone Vision: Modern way to create and support your UI for iOS, iPadOS, watchOS, tvOS. Before: UIKit was designed during the Objective-C era and missed some modern approaches in structuring UI. Now: SwiftUI is an innovative and simple way to build user interfaces across Apple platforms with the power of Swift. Developers get the opportunity to build user …
