Fintech Software Developers – DevTeam.Space [Video]

The fintech industry continues to grow rapidly thanks to its constant innovation. To give you an idea of how much, the market is expected to reach a value of 332.5 billion US dollars by 2028. 

The latest technologies, including artificial intelligence and augmented reality, are unlocking enormous powers that will revolutionize the industry, Examples include the ability to improve financial services via better fraud detection, customer service, risk management, etc. 

A report by PwC stated that automation and fintech solutions could reduce the cost of financial services by up to 90%. For example, 73% of US businesses make cross-border payments daily. The KYC laws behind these cause significant delays and require large staffing inputs. All these can be reduced by using digital technologies to automate the process. 

This very innovative and lucrative market offers many opportunities to financial institutions and investors. If you plan to build innovative fintech software to tap into this market then you require …