Recently updated on May 21, 2024“2020 may be a year of Fintech” – wrote Forbes at the beginning of 2020, before the…
The discovery phase is a term that speaks for itself: to discover, to make the unknown – known and the invisible – visible. The very first goal of discovery phase is to determine the optimal architecture and functionality of a future system, defining what is redundant and what is essential to a project
Even if the idea of the project comes in a shiny package with a lot of details to it, it does not mean that a creator has considered all the possible nuances.
If you run your own business, you should solve hundreds of issues every month or even every week. In such circumstances, automatization of every possible process and project is an advantage. In this article, we will discuss invoicing. It is a crucial process for every company. Essentially, it is about reaping the reward. We will explore the benefits of using invoicing software and the five best invoicing software for small businesses in 2021.
Decades ago, people could recognize the best banks for their well-trained employees that delivered exceptional services to customers in the luxury branches. But today, consumers do not need bank branches or face-to-face services like even one year ago. The number of reliable mobile-only banks is growing every year. They replace some traditional bank institutions and take customers from them to the digital world of simple banking.
Fintech has dramatically evolved in recent years, with the most notable changes happening in the past decade. These changes have created new convenient ways for people to interact with their money and posed new challenges for those who struggle with finances. Is FinTech reshaping the financial industry, or is this a hyped-up myth? Here is what you need to know.
The percentage of individuals that use internet banking is growing in the European Union (28 countries, including the United Kingdom) from 36% in 2010 to 58% in 2019. The increasing number of mobile banking users proves that mobile banking has a lot of advantages.
The last months have dramatically changed things in the global world. Still, there are no options to turn off the global finance sector. The use of fintech apps is rising. Investments in fintech startups are growing. The best fintech startups of 2020 aim to fulfill newly emerged consumers’ needs. In this article, you will read about 12 hot fintech startups of 2020.
With steady growth and determination of FinTech startups investors, FinTech is predicted to reach $4.7 trillion in valuation. Plenty of innovative and lucrative fresh fintech companies start changing finance industries in countries all over the world. No wonder that investing in FinTech startups is an attractive and popular option among venture capitalists.
In the dark ages before core banking software was a thing, transactions between different branches of a single bank took at least one day if the wind was fair and the weather favorable. Thanks to the expansive implementation of the core banking, the situation improved drastically, and now, 24 hours per transaction is a horror-movie material.