Payment providers (or payment gateways) are legion, so it is really easy to fall a victim to analysis paralysis while trying to choose the one that will power up your business. You should decide which payment provider to use based on the type of service you provide and a market you want to target.
Security, security, and security. Have I mentioned security?
FinTech software deals with money, and the very first thing people want when the deal gets to their money is security (duh). Fintech applications become more intuitive and easy to use with every day, which is awesome but also not that much.
Java dominates work interviews; 90% of Fortune 500 companies use Java; Java reigns over the Finance industry; it is quite possible that one of your acquaintances learns Java; even your smart fridge most likely runs on Java. Java is everywhere and for a reason. This language is armed with everything required to create reliable and viable applications of all sorts and Fintech stuff in particular.
The majority of people still ‘bank’ in an old-school traditional way with often visits to the departments, cumbersome or expensive P2P money transfers, and the unmistakable fragrance of bureaucracy. Though there is still some style to traditional banking due to its exquisite institutional posturing, old buildings with classical tang, and ages-long history of intricate financial manipulations, the views and desires of people shift towards the magnetic convenience of mobile-only banking apps.
Time goes by, but the mind-numbing qualities of accounting are still here, standing tall and strong. Accounting is a complicated process, which is inexorable towards slightest mistakes, while the possibilities for the said mistakes are numerous. A person who handles accounting should have a machine-like accuracy, attention, and control over their emotions when the desire to hit something hard kicks in.
Transferring money from point A to point B sounds easy on paper. In practice, the process is simple only when it’s two people who are close to each other and have enough cash. Money transfers can be quite a hustle, especially if it’s an international transfer, and it’s neat when software can handle this hustle for you.
Kindgeek recognised as a 2023 Global Award winner for Fintech Software Development Services
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November 16th, 2023 — Kindgeek proudly announces its recognition as a 2023 Global Award winner for Fintech Software Development Services on Clutch,…
UI/UX design is not as easy as pie. UI/UX is not only about how to locate objects on the screen but also about saving your time and granting you an understanding of everything from the very beginning of the interaction. Why are some UI/UX designs pleasant, and some quite the opposite? In this article, we will try to solve this puzzle.
American Financial Sector gets cyber attacked “over a billion times a year,” stated CEO of PayPal and a chairman of Symantec, Dan Schulman, in this interview. In 2017, Banks lost $16.8 billion to cybercriminals according to Javelin report. The number of Data Breaches reported by UK financial companies to Financial Conduct Authority “rose 480% in a year” according to RPC report.