UppLabs blog

Software development blog

Impact of digitization on cybersecurity and regulatory environment

Business, FinTech, Technology

Impact of digitization on cybersecurity and regulatory environment

June 1, 2021

Every day, we witness numerous examples of how digital technologies contribute to peace, human rights, and sustainable development for the benefit of society as a whole. The biggest prospects along with the highest risks digital transformation brings to the financial sector. Digitalization is responsible for the birth of Fintech. But at the same time, it offers new risks, including threats to cybersecurity and the regulatory environment, facilitating illegal economic activities, and invading privacy. In this article, we are going to find what are these risks and how we can respond to them.

Neobanking trend challenges for software development

Business, FinTech, Technology

Neobanking trend challenges for software development

February 2, 2021

The globalization of the world economy is growing steadily, which requires more straightforward access to banking services from anywhere. Neobanks are becoming so successful in modern society because they meet the expectations of consumers. Today, everyone has the opportunity not to go to the bank every time they got an issue. Numerous work tasks are concentrated in the mobile and browser interfaces. What neobanking trend challenges do we expect for software development in 2021?

4 Real-world Fintech case studies by UppLabs

Business, FinTech, Technology, UppLabs

4 Real-world Fintech case studies by UppLabs

November 10, 2020

From projects’ requirements to an effective solution: business goals and tech stack...

The FinTech Market – blue ocean for opportunities

Business, FinTech, Technology, UppLabs

The FinTech Market – blue ocean for opportunities

November 4, 2020

This year UppLabs started new FinTech podcasts with industry experts. This time we prepared an article based on our FinTech podcast with Tal Sharon, Managing Partner at Equitech, President at FinTech-Aviv – The Israeli FinTech Association.

Fintech business models

Business, FinTech, Technology, UppLabs

Fintech business models

October 16, 2020

In recent years, the rise of Fintech businesses has got much attention since they became challenging current financial service companies including the traditional banking model. In this article, we are going to provide a better understanding of this trend and explore the main business models in Fintech and the benefits that digital transformation brings them.

Best Python libraries for Fintech development

Business, FinTech, Technology

Best Python libraries for Fintech development

September 30, 2020

Banks and other financial institutions are actively using Python to solve the arising challenges of pricing, risk management, regulation, compliance, analytics, and data with the help of a great variety of supporting libraries. Fintech industry usually requests clear and strict data that’s why it’s important to use programming languages with a lower error rate. From UppLabs experience, there are several best Python libraries for Fintech development that we would like to share with you today.

Security practices for Fintech projects

Business, FinTech, Technology

Security practices for Fintech projects

September 18, 2020

In large ecosystems, all participants influence each other. Therefore, the response to cyberattacks and counteraction is a primary task of every company, as well as its clients.

Despite the constantly growing number of cyberattacks worldwide, a great number of breaches could be prevented if companies could minimize cyber threats and use security best practices on time. 

Regulations in Fintech

Business, FinTech

Regulations in Fintech

June 22, 2020

This fast and global growth of the Fintech industry doesn’t come without challenges. Because fintech companies are interfering more and more in the financial transaction operations, regulators are increasing their focus on Fintech regulations.

Best Fintech development tech stack

FinTech, Technology

Best Fintech development tech stack

June 2, 2020

Technological progress has given a great impact on the development of many areas of Fintech (financial technologies) - like mutual crediting, non-bank loans, deposits, accounting systems, personal finance, individual investments, crowdfunding, payments, researches, financial advice, and even use of cryptocurrency. 

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