The Future of Banking: The Impact of Open Banking and API Integration

The e-book we have prepared is a real vademecum for every participant in the financial industry. Whether you are involved in accounting, banking, or perhaps responsible for cost management in a company, you are sure to find something suitable for you. Stay up to date with the latest trends and innovations in the banking sector. Don't wait any longer and get an e-book today!

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how the cfpb is balancing innovation and consumer protection?

17_th April 2023

FinTech

How the CFPB is balancing innovation and consumer protection?

The development of the financial sector and accompanying technologies has led to rapid progress for both consumers and businesses. These activities have also had a direct impact on embodied innovation, which has significantly improved the way financial services are accessed and managed. However, with the growth of the FinTech sector came the need for consumer protection and guarantees of market stability. To this end, many countries decided to start working on regulations that would control all dependencies that occur within financial activities.

exploring the benefits of open banking for financial institutions

14_th April 2023

FinTech

Exploring the Benefits of Open Banking for Financial Institutions

The banking industry is evolving with innovative financial solutions aimed at improving the customer experience while delivering benefits to stakeholders. An example of such a solution is open banking, which is quickly taking over the financial sector. With the introduction of Open Banking, the financial industry entered a new era. It has posed a challenge to the old systems while providing numerous benefits to the various parties involved, including businesses, consumers, banks, and financial institutions.

how to raise capital and funding for your mobile app development?

13_th April 2023

Business and Technology

How to Raise Capital and Funding for Your Mobile App Development?

Having an idea for the development of a mobile application is not enough. The capital to create it seems to be crucial, as financial resources are frequently the most difficult obstacle that an entrepreneur has to face.

blockchain technology implementation: from concept to reality

7_th April 2023

FinTech

Blockchain Technology Implementation: From Concept to Reality

Blockchain technology, also known as the blockchain ecosystem, has taken our daily reality by storm. Its role is to transfer and store information about online transactions. Companies are leveraging blockchain to build decentralized networks that enhance transparency, security, and efficiency in their operations. The collected data is presented in the form of blocks arranged in a suitable form. Each block holds information on a certain number of such transactions. When data saturation occurs, another block of data is created.

project management: challenges of estimating an it project

5_th April 2023

Business and Technology

Project Management: Challenges of Estimating an IT Project

A successful project starts with efficient estimation and proper pricing. In this article, we will focus on the first factor because it is crucial, due to its impact in terms of planning work on the project.

creating a finance app in 2023: the development guide

4_th April 2023

FinTech

Creating a Finance App in 2023: The Development Guide

Financial Technology has a lot to offer when it comes to high-level financial optimization, advanced analytics and forecasting. Mobile app development is a particularly fertile FinTech niche to invest in.

Nowadays, financial technology is becoming more and more popular and sought after. It is estimated that by 2024, global revenues from the FinTech sector will reach EUR 188 billion. Among other things, this is one of the main reasons why it is worth creating your own financial application and getting involved in the market.

how lucidtech ocr is changing enterprise data management

29_th March 2023

Business and Technology

How Lucidtech OCR is changing Enterprise Data Management

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.

27_th March 2023

FinTech

Security Best Practices for FinTech App Development

Creating an entirely new FinTech App is a complex, stressful and time-consuming challenge. These types of applications are used to manage all kinds of financial tasks, from transferring funds between bank accounts to issuing invoices, which results in increased cyberattacks and threats. This is mainly due to the large amount of personal details, private and sensitive data that is collected.

revolutionizing accounting with web and mobile applications

24_th 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.

22_nd March 2023

FinTech

How to Build FinTech Software Development Team

The FinTech sector, despite economic and regulatory challenges, is constantly growing in market value. Newly emerging financial technology companies and startups are introducing new, progressive solutions to the financial industry, mainly for this reason.

Since you are here, you probably have your own idea for a business, and all you need is not only advanced technology, but above all, a talented development team!

In this article, we will show you how to build the right team who maximize productivity of your project and make your FinTech product successful and high quality!

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