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.
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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?
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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.
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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.
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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!
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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.
Read moreWith 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.
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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.
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“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.
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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?
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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.
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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.
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Creators that don’t implement a dark mode UX in their applications, leave them in the dark. One of the most interesting trends in recent web design is making sure that the product works for everyone. For those who prefer bright displays and those who want to reduce eye strain, especially in the dark. Benefits start there but the list of advantages is longer. What are they and how can you use them to serve the audience?
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With multiple developments in the industry, it’s hard to know which trends to follow. What investments to make to assure your company is future-proof? What technologies are making the headlines? What should you be paying attention to, to stay ahead of the competition? With this map of app development trends, you will know what’s around the corner.
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Progress can be defined as a way to avoid yesterday’s mistakes. Don’t look up the phrase, I just came up with it. In the world of software development, it holds surprisingly well. Companies perfected the way to create and deliver digital products, now it’s time to use them for a common good. Like green FinTech, which puts additional value on daily commercial activity. Here’s our list of software development trends for 2022. Some of them will be surprising!
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FinTech is always bursting with ideas. New trends come and go, applications rise and fall. What’s constant is the consumer’s need to find a tool assisting with everyday life challenges and occasions. FinTech trends in 2022 are special because they sum up an era of product development while pointing towards what’s to come. The market landscape will look like nothing before. Are you ready for it?
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Payment processing trends are changing as fast as the entire FinTech does. The COVID-19 pandemic accelerated what has been already in the works. It also created new trends that are clearly visible. If your company is not on board, it will be harder to compete in the upcoming years. What are current payment processing industry trends and how can you react to them?
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FinTech innovations are hard to come by. The competition is fierce and there are thousands of companies that do the same thing you want to do. To succeed, you have to find your own voice and recipe. With this list, you can find out what currently sells and adjust the strategy and the product accordingly.
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FinTech is for people, not for robots that crawl for data. Apps should be simple, functional and display all information in a way that can be understood by everyone. Tech-savvy Generation Z and seniors. The art of presenting data to a user should involve fun and user involvement, you want people to actively use the product.
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When you think about user experience in a FinTech app, you probably notice overall design and copy. What about sound? Flying below the radar, it’s an inseparable part of any modern digital product. What is UX sound design and how audio UX can help both users and app owners?
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Both approaches have their benefits but none of them fits all. The more probable occurrence of a serious disruption for your business, the shorter recovery time you should have in place. The point for serverless is to boost your infrastructure architecture. There are other benefits, especially for small and medium-sized companies. Let’s go through them all.
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If you want to gain user’s trust and have more in-app accounts, read this free ebook on how to do it. Daily FinTech practitioners and industry experts share their knowledge on data, security, UX/UI, and more.
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New technologies get invented and new products are created daily, but only some of them succeed long-term. But can success be predicted and can a product’s life cycle be planned for maximum benefits? Gartner’s hype cycle metrics can help you with that, find out how.
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What is embedded finance? In a nutshell, it’s when a FinTech company puts its solutions in a third party’s app. For example, when you order a pizza and pay one way, out of multiple available options. Or when you are looking for a loan and your favorite financial app is recommending one of the top FinTech lending operators. The goal of embedded finance solutions is to provide a seamless and practical experience for users and broaden their choices while staying convenient.
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Over the years, the FinTech industry has proven itself to be one of the most dynamic sectors of the global economy. Once again, it surprises with a pivot that can change customers’ habits and drive new streams of revenue. It’s called “banking as a service” (BaaS) and it stormtroops through the market. What is it? Can you participate in the trend?
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