The development of financial technologies and the emergence of flexible digital solutions are changing the banking industry. End customers had to go to banks to get any financial services previously. The appearance of fintech startups with more innovative products has made financial transactions easier and more convenient. All this led to the development of a…
A successful launch of any software product largely depends on testing activities. Therefore, every developer should be properly prepared for this process by setting a reasonable testing schedule, calculating the budget, as well as allocating the required resources and personnel. In this article, we will have a look at the most popular software estimation techniques…
Need to get some money ASAP? You can turn to banks, friends, or family. But there is a better, smart option available anywhere at any time — loan lending apps. Meanwhile, the tech behind money lending apps has changed the world of finance forever. So, finding the correct answer to the question “how to create…
The fact that cloud computing is here for the long haul is beyond questioning. Moreover, when it comes to cloud computing technologies, we are discussing not just another trend in the IT market, but without any exaggeration, a new business reality. And in this reality, there is one strong player under the name of Microsoft…
Today, we collect more data than ever. Clients are generating data with every interaction they have with your company. With the right technology, such as predictive analytics, we can now leverage that information to foresee what to expect in the future. Surely, every industry can benefit from it, but let’s focus on predictive analytics in finance….
Digital banking services have significantly grown in recent years, especially during the COVID-19 pandemic. According to ResearchAndMarkets.com, the global mobile banking market is expected to grow to $30.1 billion by 2026. People use banking apps because it allows them to make all transactions without leaving their home, save time, and avoid long queues in the…
Do you like unicorns? In business, unicorns are rare but real and represent a great example of a winning startup lifecycle that has reached and surpassed all its goals. The top three unicorns currently are ANT Group, ByteDance, and SpaceX. All these three leaders are valued at over $70 billion, and they are not going…
Do you need white label project management software in this day and age? Well, according to the latest Capterra research, an overwhelming 92% of its respondents are more than satisfied with their project management software investments. Businesses enjoy improved timeline and budget estimations, effective project resource utilization, enhanced team communication, and other glittering benefits. So,…
Blockchain is a promising technology that was associated with Bitcoin and cryptocurrency until recently. However, PwC identified five key application areas of blockchain that include tracking cash flows, identity management, payments and financial services, contracts and dispute resolution, as well as interaction with clients. Moreover, PwC predicts that blockchain technology will drive the global economy by…
Can you significantly decrease the number of customer inquiries with just one improvement? In 2006, Shenzhen Telecom’s customer service center managed to drop the number of calls from 200,000 to 114,000 a month and saved the company about £100,000 a year. How did they do that? The company introduced innovative billing system design and architecture…
Software architecture is a foundation for building a system that can meet different criteria — technical, operational, and even business ones. Having the right kind of architecture determines how efficient the development process will be, as well as the final product’s performance and scalability. It can also affect the entire company and its future, helping…
Even though every new product development process starts with a groundbreaking idea, it may not be the right one for your customer needs. What you see as a potential success might not, in reality, find its way to the target audience or survive the competition. Furthermore, even a new product in demand might struggle to…
Many apps play a huge role in our everyday and business lives, allowing us to make payments, manage meetings, create and edit content, analyze data, and much more. In 2021, users downloaded 143.6 billion applications, and this is just the beginning. This figure is expected to grow to 184 billion in 2024. In spite of…
Good news! According to Statista, in 2021, React.js became the most widely used web framework among software developers. The survey revealed that 40.14% of respondents relied on it. React.js is a fantastic library for front-end development. No steep learning curve, user-friendly interface and great possibilities – that’s how we can quickly describe React.js. Today we…
Do you know how the British rock band Marillion got the money for their 1997 US tour? Well, the musicians launched a campaign on the internet and their fans donated $60,000 to support the idea. Pretty impressive, huh? In fact, that was the first noteworthy case of online crowdfunding. Since then, a lot has changed,…