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Enterprise data management is most often associated with a time-consuming, manual process using numerous resources for data acquisition, extraction and analysis. However, advances in optical character recognition (OCR) technology are making it possible for companies to increase their efficiency, accuracy and speed through process automation. One of the popularizers of OCR capabilities is Lucidtech, which has a range of OCR tools focused on enterprise documentation.
24th
March
2023
FinTech
Revolutionizing Accounting with Web and Mobile Applications
The accounting industry has come a long way in terms of development over the years. What was previously known as solutions based on manual, paper-based record keeping and bookkeeping are steadily being replaced by digital tools. Today's accountants are now taking advantage of modern technologies in the form of mobile and web applications to improve efficiency, streamline the accounting processes they carry out and, most importantly, have constant access to real-time data.
6th
March
2023
FinTech
Enhancing financial management: Benefits of Xero integration
With regard to a company's growth, it frequently appears that it has a variety of systems and applications that do not effectively communicate with one another. One of the biggest issues in this field is accounting. Fortunately, there are tools available that can help streamline the process of managing finances. Among them is Xero, a tool that more and more FinTech companies are reaching for. What is Xero used for and what benefits does it generate for companies?
15th
February
2023
FinTech
10 Benefits of FinTech for small business owners
The term "FinTech" refers to any technological innovation in the financial sector, including those designed for the back-end of established financial institutions as well as disruptive technologies developed by upstart companies or individuals.
10th
February
2023
FinTech
The Benefits of FinTech Development for Businesses and Consumers
FinTech or financial technology, is an example of the application of new technologies to improve and automate traditional financial services. The financial technology industry is growing at a rapid pace thanks to development and is quickly becoming a force to be reckoned with in the financial sector. In this article, we will discuss the benefits that FinTech development has brought to many companies as well as individual customers.
8th
February
2023
FinTech
AI in Financial Software Development: Transforming the Industry
Lately, advancements have been made quickly in the field of artificial intelligence (AI), which is now being utilized in a variety of fields, including the creation of software for the financial services industry especially.
18th
January
2023
FinTech
The Future of Payments: Key Trends and Innovations to Watch
The future of payments promises to be very exciting due to the many transformations the payments’ industry will experience in the near future. Transformation in this field is inevitable, due to the technological progress that has taken place lately. Today, payments are not just cash transfers, which was an obvious association until recently. The exchange of funds today uses the digital sphere for the most part, where more and more innovative payment methods can be found. What does the future hold in this area? What will be the trends in payments in the near future? I will try to answer these questions in the following text.
29th
December
2022
FinTech
How Much Does It Cost to Develop Fintech Software?
FinTech software is becoming more and more important in today's world. With the rise of mobile payments, online banking, and other financial services, FinTech tool is becoming a necessity for many businesses. But how much does FinTech Software Development cost? It depends on a few different factors. The complexity of the software, the platform you're developing for, and the level of customization all play a role in determining the cost of financial software. On average, you can expect to pay between $100,000 and $500,000 for basic FinTech Software Development. More complex or customized projects may cost upwards of $1 million.
20th
December
2022
Business and Technology
Innovative Mobile App Development Trends to Watch Out for in 2024
Mobile app development has come a long way since the introduction of the first smartphone. Today, there are millions of apps available for download on various app stores, catering to a wide range of needs and preferences. As we approach 2024, it is important for developers to stay up-to-date with the latest trends in mobile app development to ensure that their products remain competitive in an increasingly crowded market. In this article, we will take a look at some of the key mobile app development trends that are likely to shape the industry in the coming year.
8th
December
2022
Business and Technology
What you should know to build an MVP in 2024?
Before the year 2024 begins, it is worth taking a proper summary in the business area. This is the last call to analyze the actions taken and outline a further development plan for the next 365 days. For many entrepreneurs, the coming 2024 will be a time of digital transformation and investment in their own application. We decided to meet the needs of such people by preparing a special article on building an MVP in the upcoming new year.
