#FinTech Developer
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Business Developer - Mandarin Speaking
Job title: Business Developer – Mandarin Speaking Company: Ebury Job description: Ebury is a leading global fintech company that empowers businesses to trade and grow internationally. It… 1,700 employees and 38 offices in more than 25 countries. Role: Business Developer – Mandarin Speaking Location: London, Onsite… Expected salary: Location: London Job date: Sun, 29 Jun 2025 01:04:11 GMT Apply…
#agritech#audio-dsp#Azure#Bioinformatics#cleantech#cloud-native#CTO#data-engineering#deep-learning#digital-twin#embedded-systems#ethical AI#FinTech Developer#healthtech#iot#legaltech#mlops#NFT#no-code#product-management#prompt-engineering#Python#regtech#rpa#scrum#solutions-architecture#technical-writing#telecoms#ux-design
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Stay ahead in the evolving financial landscape with expert FinTech development. Advanced technologies like AI, blockchain, and cloud computing streamline operations, enhance security, and deliver superior financial solutions. Whether you need a digital wallet, robo-advisory system, or fraud detection software, the right expertise ensures seamless integration. Hire FinTech developers to create innovative, efficient, and secure financial platforms that elevate customer experience and drive business growth in a competitive market.
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#hire fintech developers#hire fintech software developers#hire fintech app developers#hire fintech developer#fintech developer#hire fintech app development solutions#hire dedicated fintech developers#software developer in fintech#hire fintech programmers#fintech developers for hire#FinTech Software Development Services
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Understanding Tech Company Outsourcing: Strategies and Insights
In the fast-paced world of technology, companies are constantly seeking ways to streamline their operations, boost efficiency, and stay ahead of the competition. One strategy that has gained popularity in recent years is outsourcing. Fintech Development Outsourcing: Key Considerations And Effective Strategies In 2024. This practice involves contracting third-party vendors to handle specific tasks or functions, allowing tech companies to focus on their core competencies while reducing costs and gaining access to specialized expertise.
So, what exactly do tech companies outsource? Let's delve into some common areas where outsourcing plays a crucial role in the tech industry:
Software Development:
Outsourcing software development is perhaps one of the most common practices among tech companies. Whether it's building a mobile app, developing a custom software solution, or maintaining existing systems, outsourcing allows companies to tap into a global talent pool of skilled developers at a fraction of the cost of hiring in-house teams. By outsourcing software development, companies can accelerate time-to-market, scale their development efforts efficiently, and access specialized skill sets that may not be available locally.

IT Support and Maintenance:
Maintaining an in-house IT department can be costly and resource-intensive, especially for small and medium-sized tech companies. Outsourcing IT support and maintenance tasks such as network management, server administration, and help desk support can significantly reduce overhead costs while ensuring reliable and efficient IT operations. Outsourcing IT support also allows companies to benefit from 24/7 monitoring and support, proactive problem-solving, and access to the latest technologies and best practices.
Data Entry and Processing:
In the era of big data, tech companies often deal with large volumes of data that need to be processed, organized, and analyzed. Outsourcing data entry and processing tasks to specialized vendors can help companies streamline their data management processes, improve data accuracy and quality, and free up internal resources for more strategic initiatives. Whether it's digitizing paper-based records, transcribing audio files, or categorizing data sets, outsourcing data entry and processing can be a cost-effective solution for tech companies of all sizes.
Customer Support and Service:
Providing excellent customer support is essential for tech companies looking to build and maintain a loyal customer base. Outsourcing customer support and service functions such as phone support, email support, and live chat support allows companies to provide round-the-clock assistance to their customers without the need for significant investments in infrastructure and manpower. Outsourcing customer support also enables companies to access multilingual support options, scale their support operations according to demand, and leverage advanced analytics and reporting tools to measure and improve customer satisfaction levels.
Digital Marketing and SEO:
In today's digital age, having a strong online presence is crucial for tech companies looking to attract customers and drive sales. Outsourcing digital marketing and SEO (search engine optimization) activities such as content creation, social media management, and search engine optimization can help companies improve their visibility, reach their target audience, and generate leads and conversions. Outsourcing digital marketing and SEO also allows companies to access specialized expertise and stay updated on the latest trends and best practices in online marketing.
In conclusion, outsourcing plays a vital role in helping tech companies optimize their operations, reduce costs, and stay competitive in a rapidly evolving marketplace. Whether it's software development, IT support, data entry, customer support, or digital marketing, outsourcing allows companies to leverage external expertise and resources to achieve their business goals more efficiently. By strategically outsourcing non-core functions, tech companies can focus on innovation, growth, and delivering value to their customers, ultimately driving long-term success in the digital age.
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🎯 The Future of Payments is Here – And It’s Powered by Itio Innovex! 🚀
As the digital economy evolves, businesses need to stay ahead with secure, compliant, and scalable Crypto Payment Gateways that also support fiat transactions and neo-banking integrations.
At Itio Innovex, we have built a full-stack solution that not only meets global compliance standards like FATF, PCI-DSS, GDPR, and SOC 2, but also comes with developer-friendly APIs and ready-to-integrate source code.
✅ Accept multi-chain crypto payments ✅ Convert seamlessly to fiat currencies ✅ Ensure KYC/AML compliance by design ✅ PCI-DSS secure for fiat handling ✅ Embedded fraud detection & risk monitoring
🔗 Explore our detailed technical article here: (Insert your article link here)
💻 Developers can also access the full source code and API structure to integrate our solution into any SaaS or Fintech platform.
🔒 Why Itio Innovex? Because payment technology deserves to be secure, compliant, and future-proof.
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Fintech App Development
Develop secure, scalable, and innovative fintech applications that cater to the financial requirements of today's times. Be it digital wallets or robo-advisors, our fintech app development solutions equip businesses with hassle-free transactions, AI-powered insights, and superior security.
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What Are the Benefits of Adopting Latest Fintech Technologies?
The financial industry is witnessing a rapid transformation driven by the adoption of the latest fintech technologies. These technologies are revolutionizing how financial services are delivered, enhancing efficiency, improving security, and fostering innovation across banks, insurance companies, investment firms, and payment platforms. By integrating advanced fintech software into their operations, businesses are unlocking numerous benefits that enable them to stay competitive in an increasingly digital world. In this article, we will explore the key advantages of adopting the latest fintech technologies and how they are reshaping the financial landscape.
1. Enhanced Efficiency and Automation
One of the primary benefits of adopting the latest fintech technologies is the significant boost in efficiency. Traditional financial systems often rely on manual processes, which can be time-consuming, prone to errors, and costly. With the integration of fintech software solutions, businesses can automate a wide range of processes, from payment processing to data analysis.
For example, AI-powered algorithms can automate tasks like credit scoring, fraud detection, and risk assessment, enabling financial institutions to make faster and more accurate decisions. Additionally, blockchain technology enables automated, transparent transactions, reducing the need for intermediaries and speeding up processes like cross-border payments. The efficiency gained through automation allows businesses to handle a larger volume of transactions and deliver services more swiftly, benefiting both the institutions and their customers.
2. Improved Customer Experience
The latest fintech technologies also play a crucial role in enhancing customer experiences. Consumers today demand convenience, speed, and personalized services. Fintech software solutions enable businesses to meet these demands by offering innovative and user-friendly platforms for managing finances.
Digital wallets, mobile banking apps, and AI-powered chatbots are just a few examples of how fintech technologies are transforming customer interactions. Mobile payment systems like Apple Pay and Google Pay allow users to make secure transactions with just a tap of their phone, while robo-advisors provide tailored financial advice based on individual needs. AI-driven chatbots can respond to customer inquiries instantly, providing 24/7 support and delivering personalized responses. These innovations make financial services more accessible, faster, and tailored to the unique needs of each customer.
Additionally, by leveraging the latest fintech technologies, businesses can offer cross-channel experiences, where customers can seamlessly transition between online platforms, mobile apps, and physical locations without interruption. This level of convenience significantly improves customer satisfaction and loyalty.
3. Cost Savings and Reduced Operational Expenses
Adopting fintech technologies can result in significant cost savings for businesses. Traditional banking systems often involve high overhead costs related to maintaining physical branches, processing manual transactions, and managing large teams. By embracing fintech software, financial institutions can streamline their operations, reducing the need for human intervention in routine tasks.
For example, cloud computing solutions allow businesses to store and process large amounts of data without the need for expensive in-house infrastructure. This can lead to significant savings in terms of hardware and maintenance costs. Additionally, automated systems for customer service, fraud detection, and compliance reduce the reliance on human resources, leading to further cost reductions.
For small businesses and startups, fintech solutions offer an affordable way to access sophisticated financial tools that were previously out of reach. Cloud-based accounting, invoicing, and payment solutions enable these companies to operate more efficiently without the need for large investments in infrastructure or personnel.
4. Improved Security and Fraud Prevention
As the financial industry becomes more digital, security has become a top priority. The latest fintech technologies offer advanced security features that help protect businesses and their customers from cyber threats and fraud. Blockchain technology, for example, provides a decentralized and immutable ledger, ensuring the integrity and transparency of transactions. This makes it nearly impossible for malicious actors to alter or tamper with transaction records, reducing the risk of fraud.
Additionally, fintech software solutions integrate cutting-edge encryption methods and biometric authentication, such as facial recognition and fingerprint scanning, to safeguard sensitive data. AI-powered fraud detection systems can monitor transactions in real-time, flagging suspicious activities and preventing fraudulent transactions before they occur. These security measures help businesses build trust with their customers and ensure that sensitive financial information is protected.
By adopting the latest fintech technologies, financial institutions can also ensure compliance with stringent data protection regulations, such as the GDPR (General Data Protection Regulation), further reducing the risk of penalties and reputational damage.
5. Greater Accessibility and Financial Inclusion
Fintech technologies are making financial services more accessible to underserved and unbanked populations around the world. In developing regions, where access to traditional banking services may be limited, mobile phones and fintech apps are enabling individuals to manage their finances, make payments, and even access credit.
Digital wallets and mobile banking apps allow users to store, send, and receive money without the need for a physical bank account. Peer-to-peer (P2P) lending platforms are helping individuals and small businesses access credit that they might otherwise not be able to obtain from traditional banks. Additionally, fintech software solutions are allowing micro-lending institutions to assess creditworthiness more accurately using alternative data, such as mobile usage and payment history, making it easier for individuals without formal credit histories to secure loans.
By adopting fintech technologies, businesses can contribute to financial inclusion, helping to bridge the gap between the banked and unbanked populations and enabling more people to participate in the global economy.
6. Better Decision-Making and Data Analytics
Data is at the heart of fintech innovation. The latest fintech technologies, such as AI and big data analytics, enable businesses to gather, process, and analyze vast amounts of information in real-time. This allows financial institutions to make data-driven decisions, improve risk management, and offer more personalized services to their customers.
For example, AI algorithms can analyze a customer's spending habits, credit history, and financial goals to offer personalized financial advice and recommend investment opportunities. Similarly, advanced analytics tools can identify emerging trends in the market, allowing businesses to adjust their strategies accordingly. The ability to harness the power of data leads to more informed decision-making and better outcomes for both businesses and their customers.
7. Scalability and Flexibility
Fintech software solutions offer unmatched scalability, allowing businesses to grow without the constraints of traditional systems. Whether it’s increasing transaction volumes, expanding to new markets, or offering additional services, fintech technologies can easily adapt to changing business needs. Cloud-based platforms, for instance, allow businesses to scale up or down quickly without incurring significant costs or requiring significant infrastructure investments.
Xettle Technologies, for example, provides scalable fintech solutions that help businesses manage their growth seamlessly, offering flexibility and adaptability in a fast-evolving digital landscape.
Conclusion
The adoption of the latest fintech technologies offers a wide range of benefits for businesses in the financial sector. From enhanced efficiency and automation to improved customer experiences, cost savings, and better security, fintech solutions are revolutionizing the way financial services are delivered. By embracing these innovations, businesses can stay competitive, drive growth, and provide more personalized and accessible services to their customers. The future of finance is digital, and those who adopt the latest fintech technologies today will be better equipped to succeed in tomorrow’s rapidly evolving market.
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From idea conceptualization to deployment, SDH’s full-cycle development process ensures your fintech project succeeds. 💼💻 Work with us:
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Fintech Software Development Company: Key Features, Benefits, And Cost:
What Is a Fintech Software Development Company and Why Does Your Business Need One?
Financial transactions are expected to be instant, secure, and seamless. Here comes the role of a fintech software development company.
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India's No.1 One Stop Solution Provider For Money Transfer, Aadhar Pay,AEPS, mPos & Mini ATM, Account opening,Neo banking, Service Provider of , Enterprise, B2B, White Label Software, visit: www.rrfinpay.com

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Business Developer
Job title: Business Developer Company: Ebury Job description: Ebury is a leading global fintech company that empowers businesses to trade and grow internationally. It… 1,700 employees and 38 offices in more than 25 countries. Business Developer Location: London, Onsite About the… Expected salary: Location: London Job date: Sun, 29 Jun 2025 07:46:05 GMT Apply for the job now!
#artificial intelligence#Automotive#business-intelligence#CRM#Crypto#Cybersecurity#data-science#embedded-systems#FinTech Developer#gcp#GIS#healthtech#HPC#it-consulting#low-code#metaverse#mobile-development#NLP#power-platform#product-management#proptech#regtech#robotics#scrum#site-reliability#solutions-architecture#system-administration#uk-jobs#ux-design
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Crypto trading mobile app
Designing a Crypto Trading Mobile App involves a balance of usability, security, and aesthetic appeal, tailored to meet the needs of a fast-paced, data-driven audience. Below is an overview of key components and considerations to craft a seamless and user-centric experience for crypto traders.
Key Elements of a Crypto Trading Mobile App Design
1. Intuitive Onboarding
First Impressions: The onboarding process should be simple, guiding users smoothly from downloading the app to making their first trade.
Account Creation: Offer multiple sign-up options (email, phone number, Google/Apple login) and include KYC (Know Your Customer) verification seamlessly.
Interactive Tutorials: For new traders, provide interactive walkthroughs to explain key features like trading pairs, order placement, and wallet setup.
2. Dashboard & Home Screen
Clean Layout: Display an overview of the user's portfolio, including current balances, market trends, and quick access to popular trading pairs.
Market Overview: Real-time market data should be clearly visible. Include options for users to view coin performance, historical charts, and news snippets.
Customization: Let users customize their dashboard by adding favorite assets or widgets like price alerts, trading volumes, and news feeds.
3. Trading Interface
Simple vs. Advanced Modes: Provide two versions of the trading interface. A simple mode for beginners with basic buy/sell options, and an advanced mode with tools like limit orders, stop losses, and technical indicators.
Charting Tools: Integrate interactive, real-time charts powered by TradingView or similar APIs, allowing users to analyze market movements with tools like candlestick patterns, RSI, and moving averages.
Order Placement: Streamline the process of placing market, limit, and stop orders. Use clear buttons and a concise form layout to minimize errors.
Real-Time Data: Update market prices, balances, and order statuses in real-time. Include a status bar that shows successful or pending trades.
4. Wallet & Portfolio Management
Asset Overview: Provide an easy-to-read portfolio page where users can view all their holdings, including balances, performance (gains/losses), and allocation percentages.
Multi-Currency Support: Display a comprehensive list of supported cryptocurrencies. Enable users to transfer between wallets, send/receive assets, and generate QR codes for transactions.
Transaction History: Offer a detailed transaction history, including dates, amounts, and transaction IDs for transparency and record-keeping.
5. Security Features
Biometric Authentication: Use fingerprint, facial recognition, or PIN codes for secure logins and transaction confirmations.
Two-Factor Authentication (2FA): Strong security protocols like 2FA with Google Authenticator or SMS verification should be mandatory for withdrawals and sensitive actions.
Push Notifications for Security Alerts: Keep users informed about logins from new devices, suspicious activities, or price movements via push notifications.
6. User-Friendly Navigation
Bottom Navigation Bar: Include key sections like Home, Markets, Wallet, Trade, and Settings. The icons should be simple, recognizable, and easily accessible with one hand.
Search Bar: A prominent search feature to quickly locate specific coins, trading pairs, or help topics.
7. Analytics & Insights
Market Trends: Display comprehensive analytics including top gainers, losers, and market sentiment indicators.
Push Alerts for Price Movements: Offer customizable price alert notifications to help users react quickly to market changes.
Educational Content: Include sections with tips on technical analysis, crypto market basics, or new coin listings.
8. Social and Community Features
Live Chat: Provide a feature for users to chat with customer support or engage with other traders in a community setting.
News Feed: Integrate crypto news from trusted sources to keep users updated with the latest market-moving events.
9. Light and Dark Mode
Themes: Offer both light and dark mode to cater to users who trade at different times of day. The dark mode is especially important for night traders to reduce eye strain.
10. Settings and Customization
Personalization Options: Allow users to choose preferred currencies, set trading limits, and configure alerts based on their personal preferences.
Language and Regional Settings: Provide multilingual support and regional settings for global users.
Visual Design Considerations
Modern, Minimalist Design: A clean, minimal UI is essential for avoiding clutter, especially when dealing with complex data like market trends and charts.
Color Scheme: Use a professional color palette with accents for call-to-action buttons. Green and red are typically used for indicating gains and losses, respectively.
Animations & Micro-interactions: Subtle animations can enhance the experience by providing feedback on button presses or transitions between screens. However, keep these minimal to avoid slowing down performance.
Conclusion
Designing a crypto trading mobile app requires focusing on accessibility, performance, and security. By blending these elements with a modern, intuitive interface and robust features, your app can empower users to navigate the fast-paced world of crypto trading with confidence and ease.
#uxbridge#uxuidesign#ui ux development services#ux design services#ux research#ux tools#ui ux agency#ux#uxinspiration#ui ux development company#crypto#blockchain#defi#ethereum#altcoin#fintech
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Reverse Prologue To The Popularity Of Nearshore Outsourcing Companies!
Technology has always been a need of time and, at present, we all can see it has reached a point of culmination. But, those were the times when the tech was only growing, and in the process, many businesses were recognizing their need for innovation. A lot of them understood the requirement of the clock and hopped on to the latest innovation as they knew where their customers were heading! It is why those businesses have turned their head to nearshore outsourcing companies.
The best way to combine cost-cutting business solutions with efficient processing. As a result, they started pitching greater profits and rising in demand as efficient customer service providers in their respective business domains. Tending to software development and outsourcing services did a great deal of merits to those businesses. You can be the next, too!
How Have Nearshore Outsourcing Companies Rise To Trends At Present?
Fetching for help from one of the best nearshore outsourcing companies can provide your business with seamless functioning and efficiency. How? Continue reading to get an answer.
Eliminate The Lag Of Offshore Outsourcing
Cost reduction and putting the right talent to use have always been a target for businesses. This is why efforts have been made to achieve the aim by using the latest technology of that time. In the past, the offshore outsourcing industry showed up to the need of the hour for businesses to reach their aim of cost-cutting and using the most deserving skill. However, that technology too lagged when the brands felt the need for further efficiency. That requirement was not communicated well enough due to differing time zones, language barriers, and culture barriers.
So, the savior? The technology of present times - nearshore outsourcing for software development and outsourcing. This agile technology has helped and is helping many businesses to streamline their business processes with ease.
Need For Innovation With Cheap Alternatives
Suppose you have found a cheap alternative to your business talent acquisition needs. However, have you pondered over how they are going to add value to your organization? Indeed, pocketing enhanced profits is much needed, but you also need innovation coming along with that. This is what nearshore outsourcing companies do with their latest technology! The strategy of these companies lies in their efficiency in locating the correct place and finding appropriate ways to target their operation. Their goal lies in creating value for the business's talent engineering needs besides providing them with a cheaper alternative.
Aroused Commerciality Of Data Analysis
Scrutinizing data through a robustly maintained data analysis system is yet another factor that governs the success of a business. This helps businesses to make informed decisions by being acquainted with a well-organized data system. Furthermore, they save on time and labor that goes behind when their best minds put efforts into fetching the best details out of a rummage.
See, what is coming? They say that time is money for businesses, and you are letting it get saved so that your best talent can put efforts in the right direction. All is done through a well-organized data analysis system made possible with the help of nearshore companies for software development and outsourcing.
Cut Down Cost On Value Addition With Nearshore Outsourcing!
Summing it all up with a note that there is always an added chance to enhance your business processing. One of the ways includes getting help from nearshore outsourcing companies like Astarios. We help you get ahead of time through better data analysis, value-added and cheap talent engineering, and eliminating any language or culture barriers in the process. So, ready to dive into the benefits? Ring a call to us!
#outsourcing software development services#it software outsourcing company#software development outsourcing companies#best software outsourcing companies#fintech software outsourcing#it software outsourcing#software outsourcing agency
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Unveiling the Power of Go-to-Market Strategies for Fintech Products
In the realm of financial technology (fintech), crafting an effective go-to-market strategy is paramount to success. As the fintech landscape continues to evolve rapidly, businesses must navigate through the complexities of the market to ensure their products reach the right audience at the right time.
Understanding the dynamics of a go-to-market strategy for fintech products involves a blend of innovation, market research, and strategic execution. Here, we delve into the essence of a robust go-to-market strategy and its significance in the fintech sphere.

Deciphering the Essence of Go-to-Market Strategy for Fintech Products
A go-to-market (GTM) strategy serves as a roadmap that outlines how a fintech product will be introduced, promoted, and delivered to its target audience. It encapsulates a comprehensive approach that encompasses various facets, including product positioning, distribution channels, pricing strategies, and marketing tactics.
Key Components of a Fintech Go-to-Market Strategy:
Market Analysis and Segmentation: Before launching a fintech product, it's imperative to conduct thorough market research to identify target demographics, market trends, and potential competitors. By segmenting the market based on demographics, behavior, and needs, fintech companies can tailor their offerings to meet specific customer demands effectively.
Product Differentiation and Positioning: Fintech products often operate in highly competitive environments. Hence, establishing a unique value proposition and positioning your product distinctively is essential. Highlighting key features, technological innovations, and benefits can help differentiate your offering from competitors and resonate with target customers.
Channel Selection and Distribution Strategy: Choosing the right distribution channels plays a pivotal role in reaching the target audience efficiently. Whether it's through direct sales, partnerships with financial institutions, or digital platforms, selecting channels that align with your target market's preferences can enhance market penetration and product accessibility.
Pricing and Revenue Model: Determining the optimal pricing strategy is crucial for fintech products. Whether it's a subscription-based model, transaction fees, or freemium offerings, pricing decisions should reflect the product's value proposition, competitive landscape, and target customers' willingness to pay.
Integrated Marketing and Promotion: Building brand awareness and generating demand necessitate a cohesive marketing strategy. Leveraging digital marketing channels, content marketing, social media engagement, and targeted advertising can amplify product visibility and engage potential customers effectively.
The Significance of a Robust Go-to-Market Strategy in Fintech
A well-executed go-to-market strategy not only accelerates product adoption but also fosters sustainable growth and competitive advantage in the fintech sector. By aligning market insights with strategic initiatives, fintech companies can optimize resource allocation, mitigate risks, and capitalize on emerging opportunities.
In conclusion, mastering the art of go-to-market strategy is imperative for fintech companies aiming to thrive in today's dynamic landscape. By prioritizing customer-centricity, innovation, and strategic agility, fintech entrepreneurs can navigate through challenges and unlock new avenues for success in the ever-evolving fintech ecosystem.
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Benefits of Fintech Development Outsourcing
Fintech software development outsourcing is the key of starting your own brand b2b fintech business without having technical background.
Ezulix Software is a leading fintech software development outsourcing service provider company in India.
Here is the list of benefits For Choosing Us as Oursourcing Company:-
Get Bespoke Software Development Company
Latest Fintech Development Technology
Avail of Consulting Service
Post Development Support & Maintainance
Responsibility & Answerability
Best Certified Fintech Software Developers
Organized Fintech Development
More Focus on Fintech Business
Time-Effective Fintech Development
Great Prodict Quality
So If you are planning to start your own brand fintech business and looking for best solution then this is best for you. For more details visit our website or request a freee live demo. https://ezulix.com/
#fintech software#fintech software development#fintech software outsourcing#fintech development outsourcing#fintech software development company
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Romanian AI Helps Farmers and Institutions Get Better Access to EU Funds - Technology Org
New Post has been published on https://thedigitalinsider.com/romanian-ai-helps-farmers-and-institutions-get-better-access-to-eu-funds-technology-org/
Romanian AI Helps Farmers and Institutions Get Better Access to EU Funds - Technology Org
A Romanian state agency overseeing rural investments has adopted artificial intelligence to aid farmers in accessing European Union funds.
Gardening based on aquaculture technology. Image credit: sasint via Pixabay, free license
The Agency for Financing Rural Investments (AFIR) revealed that it integrated robots from software automation firm UiPath approximately two years ago. These robots have assumed the arduous task of accessing state databases to gather land registry and judicial records required by farmers, entrepreneurs, and state entities applying for EU funding.
George Chirita, director of AFIR, emphasized the role of AI-driven automation was groundbreaking in expediting the most important organizational processes for farmers, thereby enhancing their efficiency. Since the introduction of these robots, AFIR has managed financing requests totaling 5.32 billion euros ($5.75 billion) from over 50,000 beneficiaries, including farmers, businesses, and local institutions.
The implementation of robots has notably saved AFIR staff approximately 784 days’ worth of document searches. Over the past two decades, AFIR has disbursed funds amounting to 21 billion euros.
Despite Romania’s burgeoning status as a technology hub with a highly skilled workforce, the nation continues to lag behind its European counterparts in offering digital public services to citizens and businesses, and in effectively accessing EU development funds. Eurostat data from 2023 indicated that only 28% of Romanians possessed basic digital skills, significantly below the EU average of 54%. Moreover, Romania’s digital public services scored 45, well below the EU average of 84.
UiPath, the Romanian company valued at $13.3 billion following its public listing on the New York Stock Exchange, also provides automation solutions to agricultural agencies in other countries, including Norway and the United States.
Written by Vytautas Valinskas
#000#2023#A.I. & Neural Networks news#ai#aquaculture#artificial#Artificial Intelligence#artificial intelligence (AI)#Authored post#automation#billion#data#databases#development#efficiency#eu#EU funds#european union#Featured technology news#Fintech news#Funding#gardening#intelligence#investments#it#new york#Norway#Other#Robots#Romania
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