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FinTech - Blog category

Stop by for essential information about the disruptive technologies driving start-ups and revolutionizing banking, payments, and insurance.

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6 August 2024
| By Artem Hrebinik

Developing a Mobile Banking Application: The Complete Guide

It's no surprise that banking app development is becoming a necessity today. Just think about it: the UK’s penetration rate of online banking was 98.41% in 2023, followed by Norway, Iceland, and Denmark. It’s clear that financial services have been steadily changing, and so have  customers’ habits and preferences. Financial organizations need to keep with current trends to stay competitive....

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8 December 2021
| By Polina Sukhostavets

Robotic Process Automation in the Banking Industry: How RPA Improves Your Financial Services

You’ve seen it yourself – technologies transform literally every industry, changing markets and customer expectations. What do banks and FIs have to do in such circumstances? They surely need to keep up with innovations.  Let’s look at the numbers. According to PwS, 81% of banking CEOs have concerns about the speed of tech changes. At the same time, workflow optimization, pandemic trends, and high security...

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22 November 2021
| By Polina Sukhostavets

iOS and Android App Payment Gateway Integration: Comprehensive Guide

People buy books, clothes, groceries – pretty much anything – sitting on a couch with their smartphones. What could be more convenient? No one will settle for less. Statista has prepared some staggering numbers to prove that. The part of m-commerce in e-commerce retail is expected to reach 72.9% in 2021 compared to 58.9% in 2017. Such a massive growth...

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27 October 2021
| By Polina Sukhostavets

How to Develop an App for Saving Money: A Step-by-Step Guide

These days, it’s hard to imagine someone collecting their receipts to control daily spending. Saving money is an investment into a better future, but who wants to make much effort? Money-saving apps can balance it out.  Mobile solutions are always at hand to help manage spending and illustrate it with graphs and reports. On the one hand, it’s a no-brainer for...

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8 October 2021
| By Polina Sukhostavets

Fintech and AI: How Companies Can Benefit from Machine Learning and Artificial Intelligence

“Ignoring technological change in a financial system based upon technology is like a mouse starving to death because someone moved their cheese.” – Chris Skinner, fintech expert and author of Digital Bank and its sequel, ValueWeb.  It’s no secret that fintech is a pioneer in adopting innovative technologies. While artificial intelligence is something alien for many industries, the market for AI in fintech...

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25 June 2021
| By Yuliia Melnik

How to Develop a Fintech App: Key Steps

Fintech is one of the main areas of software technology used today. Banks and financial companies are actively investing money there, and the future of this market is definitely promising. It is evidenced by the growth in the number of fintech startups: from 2018 to 2020, 72 percent (from 12,000 to almost 21,000). Large-scale transformations concern, first of all, mobile solutions in...

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