Security and Compliance in Financial Software Development: Best Practices and Guidelines
As Warren Buffett once said, "It takes 20 years to build a reputation and five minutes to ruin it." This statement holds particularly true in the financial industry, where breaches in security and compliance can have severe consequences for…
Digital banking architecture: Things to consider while building Fintech software
In the current digital age, the banking and financial services industry has undergone a significant transformation with the advent of new technologies and innovations. One such development is the emergence of digital banking architecture, which…
Cybersecurity in fintech: The challenges and solutions for keeping financial data secure in the digital age
Fintech, or financial technology, refers to the use of digital technologies and innovations to improve and automate financial services. As the financial sector becomes increasingly digitized, the importance of cybersecurity in fintech becomes more…
West Africa: A paradise for digital payments & mobile finance opportunities
Digital payments have become a preferred mode of payments in many parts of the world, and the West African region is no exception. In fact, the growth of digital payment in this region is higher than most of the other regions. But how all did happen…
A complete guide on how to build a peer-to-peer payment app
Raise your hands if you think you’re living in an awesome world today! With digital revolution changing almost every aspect of our lives, we all are saving time and efforts in one way or another. For instance, you can do shopping sitting on your…
How finance apps simplify businesses?
There are numerous fintech developers working on the concept of creating the future of insurance and banking mobile app development in an efficient manner. Despite many efforts, the output didn’t come the way it was expected to. Looking at this…
Top 5 most prevalent digital wallet trends of 2022
Money has been an important aspect of all our lives for more than 3000 years of human history. In this long period, the concept of money has undergone tremendous transformation right from the barter system to the Bitcoin. From making payments by…
Yesterday, today, and tomorrow of mobile payments
Money, wealth, and the idea of possession has always been of prime importance to mankind even long before we became civilized. However, the role of money and payments increased dramatically after we started settling in one place which gave birth to…
Potential security threats for mobile financial solutions with its possible solution
Electronic form of money has gained tremendous popularity among the common people and the corporates due to its convenience, speed, and ease. With the increasing penetration of smartphones all around the world, we have also witnessed the rise mobile…