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Blog - Page 25

Welcome to our virtual information space where we share the latest tech trends, our unique expertise of implementing them, and momentous company news. Take a look behind the scenes with our regular updates.

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8 August 2024
AI for Sports Enhancement: Lessons from the AI-Powered Table Tennis Coach App Read more
How to implement an AI-powered chatbot in 7 steps
16 August 2024
A Step-By-Step Guide to Implementing Your First Chatbot Read more

The latest

26 February 2021

Creating a Personal Finance App: Costs, Monetization Strategy, and Development Process

One of the easiest ways to run out of money is not to have a plan for spending. Despite the thousands of books and blogs that have been published about the topic, budgeting is always a personal task — just you and your money. But there is a way to simplify the management of your finances: using special mobile applications.  These apps help users to spend money more clearly, and they are an excellent way for startups to...

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12 February 2021

How to Build a Mobile Wallet App: CHI Software’s Advice

The latest reports show that every week more than 25 percent of people make purchases via mobile devices. Most transactions are done through the merchant's applications. For this reason, global mobile payment incomes crossed US$1 trillion in 2019.   Millennials who have grown up in the universe of gadgets are rapidly changing fintech. People worldwide are moving away from “physical” payments to digital tools, among which wallet applications (e-wallets) are of particular interest. They are useful for both sides of the deal...

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29 January 2021

Create a Money Transfer App in the World of P2P Transactions

Recent research studies show that in 2019, the number of smartphones surpassed five billion worldwide. The majority of owners use mobile devices to make direct peer-to-peer (P2P) payments. The popularity of such platforms is growing every day due to the simplicity, convenience, and high-speed operations processing.  In the United States alone, analysts predict that 52.5 percent of smartphones will have at least one monetary operation per month by 2022. People in other countries are also switching to P2P payments and need an appropriate mobile/web environment. Therefore, by offering such products, you occupy an interesting...

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15 January 2021

Machine learning in dynamic pricing: CHI Software’s experience 

One of the critical decisions a company makes about a product is its price. Nowadays, merchants require sophisticated pricing strategies to succeed in a highly competitive marketplace and satisfy all consumers' needs. Businesses face two key challenges: optimizing prices and managing income in a constantly changing environment. So, companies use a strategy called dynamic pricing to solve them simultaneously.   The method's efficiency can be noticeably increased with artificial intelligence (AI)...

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23 December 2020

Building an Investment Platform: Our Advice

In the face of digitalization and the pandemic’s impact on business workflows, the investment industry’s focus has shifted to online platforms. They allow wealth to grow, and customers understand it. In Australia alone, the investment platform market was US$680 billion in the first half of 2020, with positive growth of 8 percent in the quarter.   This trend is global and clear for fintech companies and startups. Today, competing platforms...

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