Introduction When discussing the development of fintech applications, teams often look to architecture as their sole basis of technical choice and do not consider other factors; however, in reality, these architectural decisions are all based on business decisions first. The architecture that is selected affects how quickly your application can launch, how easily you can […]
Introduction Developing a mobile application to conduct financial transactions is similar to creating an airplane while the plane is already scheduled to fly! With this being said, users are looking for a seamless experience when using a financial product, regulators want your processes/proofs to be documented, payment partners need to feel safe with your security […]
Introduction Fintech companies have a unique and exciting challenge of building a product that can be delivered quickly in an increasingly competitive market but making sure they comply with all the regulations needed. The power of MVP first, scale later (provided you do not leave out compliance, security or operational readiness on the roadmap) works […]
Introduction Choosing an appropriate Pricing Model for your Fintech App is one of the most Important Steps in ensuring your project’s success. If you’re planning on creating a Fintech App, Digital Wallet, Mobile Banking TE – Gateway, or other similar project and you’re currently in the pricing model selection phase, know that your Pricing Model […]
Introduction What constitutes an effective fintech software development company’s case studies? If you are exploring hiring a fintech software development provider, then you will no doubt see an abundance of “case studies” from fintech software development services providers claiming they have done the following solicitation based on some self-proclaimed hype: “We developed a mobile banking […]
Introduction You need to understand that hiring a fintech company is not the same way you would hire a typical 3rd party software or development vendor. When you hire a fintech software development company, you are not simply purchasing some code; you are purchasing a provider’s ability to help you manage risk. In many cases, […]
Introduction When it comes to fintech, security is not simply a box you tick; rather, it is the backbone of your company. Trust becomes your most critical commodity since your product deals with one of two things – money or identity. This is what makes Appricotsoft (a mature software development company in the fintech industry) […]
Introduction When you’re creating a fintech application, the decision of what technology stack to use should not just be made from a technical perspective; it can also be looked at as a strategic decision. The technology stack that you choose will have an overall effect on matters such as regulatory compliance, the performance of your […]
Phase of Discovery Missing from Many Teams – Fintech Apps When developing a new fintech app/platform, so often, teams are eager to get on with design/development without taking the time to complete a Discovery phase first. The fintech industry is extremely complicated, highly regulated, and has high stakes as compared to other industries; therefore, you […]
Introduction When it comes to creating a fintech product (e.g., mobile banking apps, fraud detection technologies and/or digital wallets) you will have to consider whether or not to hire an in-house team or partner with another agency that specializes in fintech software development. Many people believe that this decision is solely based on cost; however, […]
Introduction Selecting a Fintech Software Development Company is a Strategic Business Partnership and More Than a Technical Decision only Based on Technology. It has many aspects that contribute to how fast, secure and scalable your product will be developed; whether it is a Mobile Banking Application, Payment Gateway Integration, or Fully Regulated Digital Wallet. You […]