Sign in

The Internet and the transfer to online businesses contributed to the rapid growth of world trade over the years. Therefore, most financial institutions and payment systems have developed cross-border payments to facilitate and speed up money transactions.

The trusted and reliable banking approach came across the challenges from rising solutions, so the new players and models are modifying the fintech world. In this article, we would like to tell you how cross-border payments changed the foreign payment system and created a new paradigm.

Cross-border payments. By UppLabs

Originally, this article was published by Tonya Smyrnova on UppLabs blog.

CROSS-BORDER PAYMENT STRUCTURE (OR HOW DO CROSS-BORDER PAYMENTS WORK?)

Cross-border payments are transactions that involve…


Originally, this material was published by Tonya Smyrnova on UppLabs blog.

Custom medical software vs ready-made solutions. By UppLabs

The digital innovations take hospitals and medical facilities into a new stage of development. The technologies simplify the daily process and automate the healthcare system. Some medical institutions use ready-made software solutions, others prefer to choose the custom software, depending on the type of institution and the daily tasks needed to be optimized. In this article, we’ll cover different types of medical software, reveal their benefits, and think of the ways to implement them.

Before you start choosing a specific system, compare two approaches and answer the questions —…


Originally this article was published by Tonya Smyrnova on UppLabs blog.

How the KYx changing the lending tech by UppLabs

We live in a world where every information is easy to know. Now it’s possible to find out not only where you were last weekend, but even what’s your name on somebody’s phone. Many may be upset or even annoyed by this fact, but this is only one side of the coin. On the other hand, it allows you to ensure the safety of yourself and your environment.

Banks and lending solutions follow the same logic — the more you know about your customer, the better. Therefore, the KYx…


Requirements specification is an important document that should ideally be described for each product. Well-described requirements simplify the work of the entire development team and make the customer happy. It simplifies the understanding of how the product should be implemented and how to properly design the architecture. The ability to write and test requirements well is an indicator of competence and professionalism. In this article, we are going to research the difference between functional and non-functional requirements and why both are so important to start a software development.

The importance of functional and non-functional requirements in software development. By UppLabs

Originally, this material was published by Tonya Smyrnova on UppLabs blog.

SOFTWARE REQUIREMENTS SPECIFICATION (SRS DOCUMENT)

The…


Due to the rise of digital platforms, the Banking and Financial industry experience great transformations. One of the biggest trends in the modern economy is the ability to fulfill a transaction between clients and providers directly — the process of Uberization. What does it bring to the end-users and the economy? What are the predictions and risks of such a trend for P2P lending? That’s what we are going to explore in this article.

The uberization in P2P lending. By UppLabs

Originally, this article was published on UppLabs blog by Tonya Smyrnova.

UBERIZATION IN FINTECH

In a world where the amount of information is growing, it becomes challenging for the…


Originally this article was published on UppLabs blog by Tonya Smyrnova.

Impact of digitization on cybersecurity and regulatory environment. By UppLabs

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. …


Written by Kirill Bychkov for UppLabs.

How asynchronous works in JavaScript. Event Loop concept. By UppLabs

JavaScript is easy when all you need is a simple working interface. The problems begin when the interface becomes more complex. Here you need to have a deeper understanding of JavaScript. It is important that even a large and complex interface remains fast and responsive. Responsiveness is usually achieved through the use of asynchronous functions. This means that you can let your code do several things at the same time without stopping or blocking the main thread.

In this article, I will try to tell you as simply as possible about the work of…


How to control the quality of your software product? By UppLabs

Originally, this material was published by Tonya Smyrnova on UppLabs blog.

How to control the quality of your software product? Quality is one of the most important features that applies not only to the product but to every stage of its delivery. If you want to create a successful product, you have to be professional in everything you do. Testing the software product is an important part of development, because even minor errors can affect the effectiveness and success of a whole project.

Poor quality assurance can lead to the main causes of software startup failures, so the purpose of…


Developing a startup product is one thing, but creating and launching enterprise-scale products is another project that takes another approach. Here we need to create a top-shelf product designed to be an all-inclusive solution to problems that a business might face. These types of solutions are usually very knowledge-demanding. In this article, we will reveal the secrets of how to build a software product everybody would like to use.

How to build a software product everybody would like to use. By UppLabs

Originally, this article was published on UppLabs blog by Tonya Smyrnova.

ENTERPRISE-SCALE PRODUCTS

To clarify the concept of the enterprise-scale product, let’s define this kind of products:

  • Products that were created by the…


What can be more comfortable than to be able to search for all properties in one place? And this is possible with a Multiple Listing Service (MLS) — a database that contains the information for real estate professionals and makes the process of buying and selling property. If you have integrations with the fullest MLS listings on your website, if it’s clear and all the functions are easy to use, it’s more chances that a person will become your buyer. In this article, we are going to introduce to you the best MLS integrations for your Real Estate software.

Best MLS integrations for Real Estate software. By UppLabs

Originally…

UppLabs

Fintech software development company with own solutions www.upplabs.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store