Tag: FinTech software development

Top 20 Questions to Ask a Software Development Company (part 1)

Software development contracts can be built in multiple ways but one thing that should matter the most is software quality. Meetings and calls before the start of product development will help you make a good decision and choose the right software vendor. What to pay attention to? What to avoid? How to learn more about your partner? We made a list of 20 questions to ask when signing a contract with a software development company.

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Machine Learning in Finance, Banking and FinTech

Consumers of digital services expect quality service, security, and convenience. Machine learning (ML) in finance is the best example of how these needs can be fulfilled. Without compromising business models, and the need to generate revenue. With customer-centricity in mind. The best way to serve people what they need is to know them a little better. How is this goal achieved and what’s the state of machine learning adoption in the industry?

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AI vs. Financial Crime – Fight Against Money Laundering (AML) and Bad Actors

Artificial intelligence (AI) in FinTech is often associated with Big Data and analysis of customers’ behavior. In reality, it can be used in a wider range. Anti-money laundering (AML) AI is used to fight financial crime and secure apps’ reputation. After all, financial technology is all about trust. How is it done and what conclusions can you draw for yourself?

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How Insurance Companies Make Use of AI?

Digital disruption invented and implemented by FinTech companies is a double-edged sword. Companies that went after main-street banks and traditional insurance firms, now face another era. They have to innovate to stay alive. How leading insurance companies make use of artificial intelligence (AI) will make or break their businesses. Customers face new risks and want to make sure the InsurTech sector can calm their fears. This is how you can help them.

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How Machine Learning is Changing Pricing Optimization

FinTech apps heavily rely on connecting with customers. They thrive by offering custom services to users bored and tired by classic banking. The more you know about your customers, the more you can give to them. The same works for prices – price optimization through machine learning is the ultimate tool for growing revenues. How is it done and what can you learn from existing examples?

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Kalifa Review of UK’s FinTech in 2021

Financial technology, or FinTech for short, is a hit. It’s a global revolution that transformed the lives of many people. It enabled them to hold onto a job, manage their finances, discover better options for their home budgets. The Kalifa FinTech review for 2021 shows how much this business has  evolved in the UK – one of the most vibrant markets in the world. We work with the best – two of our clients contributed to the report.

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Storytelling with Data: 5 Steps to Create an In-App Data Visualization

Unless it’s about counting money on our bank account, then for many of us, numbers are hard to remember and boring. We need a context and a good reason to process them. Not to mention making something useful out of it. The same goes for FinTech users. What if you could help them through storytelling?

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Buy Now Pay Later – How The Fastest-Growing Payment Alternative Works

Wouldn’t it be great if you could just buy whatever you like and pay for it within a deferred payment system? It should be easy, convenient, and cheap. Other people thought exactly the same; that’s why “shop now, pay later” solutions came to be. How does it work, who are the top players and how can you benefit from this trend?

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What Are the Design Principles in UI/UX in FinTech?

You are in the dark and complicated labyrinth. You can barely see the sun, the path has twists and turns and there’s no exit to be found. Backtracking seems to be the only option now. Retreating and finding a new path seems to be logical, and cost-effective. To save you from the headache, we have prepared this short but detailed FinTech UX and UI guide.

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Top 10 Reasons Why FinTech Startups Fail

An old classic financial institution with multiple physical branches competes with the agile and low-cost mobile-only bank. Possible hundreds of years of tradition versus a few years or even a few months on the market. And yet, the mobile bank is on the rise, attracting users left and right; like a moth to a flame. They know their issues will be addressed quickly and every operation will take minutes, sometimes even seconds. If so, why many FinTech startups pivot early on and change the product? What common mistakes do they make?

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What Does Generation Z Spend Their Money On?

Imagine you could change the world with a single act. A brief moment, a statement that changes the landscape for generations to come. And it’s not an act of desperation but rather convenience. It’s not a political statement but a consumer one. This is how Generation Z takes us to the world of cashless and instant-response society with a simple act of tapping the “Pay now” button. What do these people need and pay for, what are Generation Z’s spending habits?

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5 Key Factors to Startups’ Project Management Success

Imagine you have a beautiful tree with a potential to bear fruit every season. It doesn’t come for free—you have to tend to it. Water the seedling, shelter from extreme weather conditions, protect from pests. Manage resources, so they can last for months. The same goes for successful project management. Many companies, especially startups, have great ideas and deep domain knowledge but lack project management skills to build products with long-lasting impact. Here’s a shortlist of key success factors and handy solutions provided by companies like ours.

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Product Design Journey: UX Roadmap

In one of previous posts, Code & Pepper took you on a full-blown product design journey: from discovery to development. However, that roadmap wouldn’t be complete without at least hinting at some user experience notions. The compilation below focuses on certain aspects of UX, which come to the forefront in FinTech applications as make-or-break moments.

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