Search by category: Banking software
You won’t find the words “overdraft”, “accrued interest”, or “mortgage” on the home page in today’s banking software. Now, when you want to check your account balance, you open the app, and it greets you with a caring “Hello, Alex! How are you today?” A change like this is significant progress for traditional banks, which…
As Statista writes, in 2023, the transaction value in the neobanking segment was projected to reach $4.5 trillion, and by 2027, the number of users is expected to amount to 380 million. This information raises many questions — from “What is so special about neobanks that people leave traditional banks and rush to use them?”…
Insurance has always been a thing. But insurtech? It emerged only in 2010 when Friendsurance created the first peer-to-peer business insurance model. Nevertheless, in 2021, the global insurtech market size was already valued at $3.85 billion. Impressive enough, huh? But wait for it: from 2022 to 2030, analysts expect for the market to expand at…
In the year 2024, we value simple pleasures, like eating out or visiting a football match, much more devotedly than we used to. Our behaviors have changed greatly. Within a period of just a year, we have witnessed a great shift in the payment habits of the whole world. Such innovations in the payment ecosystem…
All businesses aim to boost the visibility of their products and services and draw in a broad customer base, employing diverse strategies to achieve this goal. One such strategy gaining traction across various sectors is gamification. From banking and the stock market to e-commerce, education, healthcare, insurance, and beyond, gamification has found its place as…