Data analytics tools are software applications designed to analyze and understand how users interact with their products or services. These tools enable companies to gather data on user behavior, such as actions performed within the app, how often they use the product, what features they prefer, and how long is the time of interaction with specific features. Then, the data is analyzed to provide information on how to improve the product. It’s data-driven and you can’t afford not to use it in 2023. What are the top data analysis tools for tracking product performance in 2023?
Tag: FinTech software development
React Native is an open-source, mobile application framework that took the industry by storm. It’s flexible, scalable and allows to simplify and boost product development. Is it for you? How can your project benefit from migrating to React Native? Naturally, the best choice is to build from scratch. What best apps built with React Native are there? Find a similar one and get inspired!
Modern software development requires reliable tools and technologies. Among them is React Native. It took the world by storm and it’s proven very useful across different industries. Its widespread popularity has many reasons. What is React Native, what do you need to know when you have a project and what major changes to the architecture are there in 2023? Dive into the article and find out.
Professional software development requires consistency in quality, cooperation, and metrics. The last part is tricky because you can measure virtually anything. In this article, we will show you what exactly can you monitor. Software development key performance indicators (KPIs) are there to help you guide the project, not bound you through artificial metrics. Here are some software development metrics worth knowing about.
Modern financial institutions should pay attention to multiple factors influencing user churn and conversions. One of them is automated merchant onboarding, which builds trust between a banking institution and a seller. It simplifies the whole process, making first steps of cooperation faster and smoother. The problem is that banks and FinTechs lose deals related to dissatisfying journey.
Continuous Integration (CI) and Continuous Delivery (CD), deployment, automation and best practices spawned from the DevOps rulebook. They make the process of building, testing and releasing software more efficient and get working software into the hands of users more quickly than traditional methods. Implemented right, a CI/CD pipeline enables teams to deliver working software at pace and get timely feedback on their latest changes. Here’s the best CI/CD practices for your efficient software development project.
Continuous Integration (CI) and Continuous Delivery (CD) is a method of frequent delivery of software to customers introducing and perfecting automation within the app development process. CircleCI is a CI tool. Developers use it to build, test, and deploy projects. This article dives into the software and its capabilities.
In the past, developers presented their products to the user in the “my way or the highway” model. Users got the application and that was it. No feedback, no updates, no nothing. Technical aspects of the industry, as well as legacy infrastructure, prevented applications to be continuously supported. Today everything has changed. User experience (UX) is better because tech allows it. More importantly, because attitude has changed. UX is a vital process of the software development process. How can you leverage it in your product?
Central Bank Digital Currencies (CBDC) are among the strong trends emerging today in the FinTech world. The latest digital currency trends show that turning to the elimination of cash, implementing blockchain, and developing digital wallets are pillars of what might come in the future. A cashless society with billions of financial operations per minute. There are, however, counter actions from major markets. China blocked the usage of crypto, Russia is thinking about it. Where is it all going and what consequences to FinTech will it spawn?
The high interconnectivity of our world and challenges related to nature and its well-being spawned the rise of ESG consciousness. It stands for environmental, social, and governance criteria in the professional environment. Even companies that have nothing to do with fossil fuels are implementing ESG strategies. That includes FinTech. Why is that important and what is ESG tech? How can both worlds benefit from cooperation?
Data is bread and butter in modern companies. Relying on your intuition is important but some tools give you an in-depth look. Combining these two methods produces tangible results. Don’t worry, you don’t have to be technically savvy to use data management tools. You just need to prioritize business goals and figure out how they can help you. Here’s a list of the most interesting business intelligence tools you may find useful.
Software development is changing. There are many factors, and one of the most interesting ones is backend frameworks. Best backend frameworks help build especially online solutions, which are increasingly popular among consumers due to subscription models or web variants of mobile applications. Which backend framework is most popular and how you can utilize them in your work?
AWS frontend services and AWS backend solutions are extremely popular among businesses from any given industry. They are reliable, fast, and available for companies of all sizes and budgets. In this article, we will dive into some core components of a vast AWS ecosystem. You will see how to put the backend on AWS.
Mobile development has been a must for many years now. Especially in FinTech, which is based almost entirely on mobility and easy access. What does native vs cross-platform mean? What is the nature of a native vs hybrid mobile app development? Finally, what is the best framework for app development in 2022 and beyond?
The era of a Minimum Viable Product (MVP) is over. The market is going with minimum loveable product, which is an iteration and a whole new approach at the same time. MVP stands for an application that holds minimum value for users and assumes a certain level of tolerated limitations and bugs. MLP, on the other hand, is created with initial offering that users can love from the start. It’s a dramatic shift in software development and product management.
The old ways of creating software don’t match the reality we live in. Users want even more convenience in use and even more value for their money. To meet these expectations, companies use API-first design pattern. It enhances the application’s features and provides companies with a modular and reusable design that’s perfect for creating entire ecosystems. The approach also reduces development costs, optimizes delivery and operations.
Accidents and attacks happen – there is sometimes no way to avoid them and even maintaining the highest security standards cannot make a company 100% secure. In other words, one should always protect the systems, but you can never be sure. However, even in the worst case scenario, there is the last defence line – a disaster recovery plan. What is it, how to execute it and what does it have to do with good software infrastructure? Let’s find out!
Trending crypto events show us how the market is changing. From software itself, through the implementation of innovative payment options, to the job market. Many segments of professional and social activities are changing, because regulators and customers continue to look through the lenses of potential benefits and earnings. If crypto trends for 2022 show us one dominant thing, it’s definitely this – the market is growing exponentially and the hype train is real.
With the crowded market, growing uncertainty and rising, simultaneous user adoption, investment and development decisions are hard. On one hand, we have recession and glooming crisis on the horizon. On the other hand, people are turning to FinTech for addressing their pain points, comfort, ease-of-use. Let’s see what statistics say about the industry. What trends are emerging and how can you use them for your benefit?
We will break down the article into few sections to help you navigate the landscape. We will talk about the industry size, FinTech adoption rates, expert opinions, and investments. Please keep in mind that this is not a full-fledged industry report but rather a summary. Nonetheless, it will prove valuable in the months to come.
As there are so many technologies to choose from when it comes to creating new FinTech apps, different developers are entitled to have different preferences. However, some companies are completely OK with working with whatever their clients tell them with no second thoughts and some specialise in particular frameworks and programming languages. We tend to belong to the latter ones and we have some strong reasons for it, so we decided to explain why we chose React Native as our go-to cross-platform framework and why our clients benefit from this decision.
“Open banking standards” is a term used for technologies and regulations used to provide third-party service providers consumer’s banking data. This data can be used in many ways. To provide and keep operational things like web and mobile apps, financial services, and more. To make it all possible, governments issued open banking standards and open banking directives. Since compliance, along with security, is the most vital part of FinTech business, we provide you with a brief list of open banking regulations and application programming interfaces (APIs) standards to watch out for in the upcoming months and years.
October 28th, 2021 marks the date of a big shift. On that day, Mark Zuckerberg announced that Facebook will change the name to Meta, but it’s not the name that got the most attention. The nature of the service will change too. Zuckerberg wants to change a social media platform into a metaverse product. What is a metaverse and how to invest in a metaverse? Especially when Meta will not be the only player on the block?
Code refactoring is basically the process of restructuring an application’s code without changing it. It also doesn’t add up to its behavior and functionality. Its purpose is to make the code more efficient and easily maintainable. How can you refactor the code, what are the detailed benefits, and how can you go about it? Here’s the list of everything you need to know, including best practices.
Why use blockchain? The answer, contrary to appearances, is no – you don’t necessarily need it. Not every business is better for it. There are clear benefits coming from implementation but applying this technology doesn’t make your company more relevant. It just generates unnecessary costs. However, some products do benefit and here are 7 reasons why blockchain is important in today’s FinTech market.