SOC 2 is all about protecting customer data. This security framework shows that companies have taken the appropriate steps to protect against leaks, security vulnerabilities, and unauthorize… Read More

As we gather years of experience in software development and a strong expertise in FinTech, we created this blog post for you. This article dives into the intricacies of AML software, unders… Read More

As the industry continues to innovate and disrupt traditional financial institutions, regulatory frameworks play a crucial role in ensuring customer protection, maintaining stability in fina… Read More

If you’re reading this, it means you take cybersecurity as seriously as we do. The bad news is that cybercriminals are just as serious about defeating it. Last year alone, over eight b… Read More

From streamlined customer experiences to sophisticated fraud detection, AI promises to revolutionize how we bank. However, like any powerful tool, its potential for good is matched by its po… Read More

The Growing Importance of Penetration Testing in Today's Cybersecurity LandscapeHas your organization considered the potential financial exposure from a cyberattack on your critical infrastr… Read More

This article explores the transformative power of digitalization in retail banking, highlighting its crucial role in reshaping financial services. Read on for insights into the digital evolu… Read More

In the digital era, how do banks and financial institutions ensure they keep up with customer expectations? To boost sales, banks must blend digital convenience with good old-fashioned human… Read More

As the FinTech ecosystem expands, so does the sophistication and frequency of fraudulent schemes and activities, necessitating a vigilant and proactive approach towards fraud prevention.The… Read More

In this comprehensive how-to guide, we will walk you through the essential steps of hiring fintech developers, from understanding their requirements to retaining them in a competitive market… Read More

They offer a window into the new practices that are reshaping the financial landscape. As we delve into the time of blockchain, artificial intelligence, and cloud computing, these gatherings… Read More

Regulatory landscapes demand strategic foresight and adaptability. Compliance is not just a checkbox; it's a continuous, intricate dance that requires financial institutions to stay in rhyth… Read More

We explored the world of technology to give you a detailed look at the best AI companies in 2024. Join us on a journey through the dynamic digital space where innovative companies work to ma… Read More

This led to a substantial decline in assets under management (AUM), with the world's 40 largest asset managers experiencing a 14.9% reduction in AUM between the fourth quarter of 2021 and th… Read More

But why is RegTech so important?Technological advancements keep stride with money laundering and terror financing methodologies, financial institutions find themselves pressed to align with… Read More

The foundation of a resilient cybersecurity posture rests upon the precision and depth of the chosen PTaaS provider. Opting for the right partner is not merely a decision; it's an imperative… Read More

Penetration testing, often called pen testing, is a meticulously controlled assessment process to measure a system's security by detecting and exploiting its vulnerabilities. This process in… Read More

The discovery phase for software development eliminates these risks and gives you a clear understanding of what to do and what resources you will need. In this piece, we’ll find out wh… Read More

Recent data from Pew Research Center reveals that 35% of professionals in roles conducive to remote work opt for full-time remote positions. According to Upwork, 73% of companies are project… Read More

A 30 percent of banks that embark on a digital transformation journey successfully realize their digital strategy, leaving the majority falling short of their intended objectives. According… Read More

Enter Postman—an acclaimed API development environment that has transcended its original purpose to become an indispensable asset for security professionals and developers alike.Origin… Read More

Outsourcing cybersecurity services is a strategic solution for organizations to bolster their security stance while addressing the cybersecurity talent shortage. This approach saves costs an… Read More

They crave swift, cost-effective solutions for their financial needs. The term "fintech,” an abbreviation for "financial technology”, now encompasses startups as well as small an… Read More

The year threw various obstacles on our way, from navigating uncertain markets to keeping up with the ever-evolving tech landscape. But rather than just surviving, we turned these challenges… Read More

With a myriad of penetration testing companies vying for attention, the onus lies on discerning decision-makers to identify the best penetration testing services that align with their organi… Read More

In software testing, the focus often centers on version numbers, which signal the installation of updates. One of the primary recommendations from cybersecurity experts is to maintain up-to… Read More

When seeking products or services from a supplier, you may encounter terms likeRequest for Information: When you know you have a problem but are uncertain who can provide a solution. RFIs ga… Read More

According to Gartner report, by 2023, 80% of businesses that fail to embrace a contemporary security approach are likely to encounter heightened operational costs and reduced effectiveness i… Read More

Even following digital marketing to promote your product or services cannot be imagined without a great web appearance. And it's not just about the "picture" but functionality, trustworthine… Read More

This is where the Request for Proposal (RFP) comes into play. An effective RFP is transparent, objective, and precise. It not only mitigates risks but also equips potential software developm… Read More

Nestled within the fintech surge lies a pivotal trend – the rapid shift towards mobile-centric consumption. As mobile device penetration expands globally, more people use their smartph… Read More

Have you ever thought about how to manage and extract insights from this data efficiently? McKinsey & Company highlights businesses adept at harnessing data can potentially boost their o… Read More

What is Semgrep?Semgrep is an open-source static analysis tool designed for identifying and preventing software vulnerabilities and code quality issues in source code. It is particularly wel… Read More

The way payments are managed can significantly impact a company's bottom line, customer satisfaction, and overall success. This is where payment orchestration steps in.Imagine a scenario whe… Read More

But there's more to worry about with cloud security testing services. Cloud security testing isn't just an additional layer of defense; it's a strategic imperative that ensures your organiza… Read More

In fact, according to Juniper Research, 4.4 billion people worldwide will be using digital payments by 2025, accounting for more than half of the global population.Among all online payment m… Read More

ChallengeHTB Business CTF 2023 presented a unique set of challenges divided into several categories: Web, Crypto, Cloud, Full Pwn, Forensics, and Reversing. This article will cover one of th… Read More

Each and everyone has their favorite methods and software development tools for managing work processes. While one prefers calendars and spreadsheets, another collects a set of different app… Read More

Cyber crimes such as phishing, scams, and data theft are increasing, putting organizations at risk. To combat these threats, organizations are turning to qualified cybersecurity teams equipp… Read More

GitHub Copilot and ChatGPT are the leading artificial intelligence code writing tools. While both possess the capability to enhance writing efficiency and provide code snippets, they exhibit… Read More

Just think about it – with GPT3, you can optimize your customer service processes, improve securities trading, and so much more. It's not about replacing software developers; it's abou… Read More

The question is: How can we ensure that the online service providers, who accept and store our credit card information, take the necessary measures to safeguard it?To address this pressing i… Read More

Amazon Web Services is a powerful suite of computing, database, and content delivery tools that helps startups host their web platforms, reach target audiences, and communicate with clients… Read More

The event spanned three captivating hours and raised an impressive 700,000 UAH. But the support didn't stop there. TechMagic contributed an additional 1 million UAH to give the fundraising e… Read More

However, understanding the compliance requirements of each country remains a significant hurdle. To address this challenge, some companies engage multiple KYC software providers for differen… Read More

The digitalization drive has become the dominating trend, with computer technologies penetrating all spheres of social and personal life in the modern world. Alongside ushering innumerable b… Read More

But why should you invest in a design system? According to studies, companies implementing design systems experience a 34% increase in design productivity and deliver products faster than th… Read More

According to McKinsey & Co, the fintech industry raised over $90 billion in the first three quarters of 2021, almost double the amount raised in 2020. This staggering growth signifies fi… Read More

Nowadays, most medical providers across the globe tend to implement cloud-based architecture for their medical services. And it’s not surprising, especially considering today's pandemi… Read More

Through the years, we confidently stick to our values in helping startups, established organizations, and enterprises with the digital transformation of their projects. This year, we do our… Read More

Imagine seamlessly integrating all the essential design features into a single, web-based application that works effortlessly across various devices. Whether you're developing a website, a m… Read More

FaaS is more than just another addition to the technology stack; it represents a paradigm shift in the way applications are developed and deployed. It offers a serverless computing model tha… Read More

Enter payment tokenization, the innovative technology that can help you do just that. By replacing sensitive payment information with unique tokens, you can keep fraudsters at bay while prov… Read More

The statistics don't lie. According to a recent study, companies that invest in test automation achieve a 75% reduction in testing time, allowing them to allocate resources more efficiently… Read More

In an industry built on trust and risk management, the infusion of FinTech solutions brings about a fundamental shift in how insurance products and services are designed, delivered, and expe… Read More

There are more than a dozen potential solutions out there, such as PostgreSQL, SQL, Redis, Cassandra, and more. But for many businesses, it boils down to two: Firebase (Firebase Firestore) a… Read More

FinTech and AI go hand in hand to create innovative solutions that drive the financial industry forward. In fact, according to the Cambridge Centre for Alternative Finance, 90% of Fintech co… Read More

According to a study by McKinsey & Company, companies that prioritise design outperform their peers by a significant margin. Specifically, design-driven companies in the top quartile of… Read More

The need for effective security testing of web applications has never been more important. According to a recent report by Positive Technologies, web applications were the most common target… Read More

Both are powerful tools for building web applications, but they have distinct differences that can impact your project's success.As you decide between Node.js and .NET in 2023, it's importan… Read More

This article explores how the combination of fintech and blockchain is reshaping the financial sector for both businesses and individuals. We’ll also show you how blockchain-based tech… Read More

In this article, we review the top Application Monitoring tools that your business can use. We'll check when you can use them, share our top tips for tool selection, and discuss the benefits… Read More

Facebook first released the project as an open-source project in 2015. Over the next half-decade, the once-niche development framework would grow in popularity for complex applications that… Read More

If you're looking for the top FinTech companies to watch out for, this article is for you. In this post, we'll look at the best FinTech companies in the USA, their unique features, and what… Read More

According to the HIMSS report, around 80% of health systems plan to increase their investment levels in digital healthcare in the next five years. We identified and listed the most innovativ… Read More

The UK comes second only to the US regarding impact and numbers, its fintech industry offers various innovative solutions disrupting the traditional financial services sector, from digital b… Read More

Given these circumstances, project teams constantly look for solutions to accelerate development and automate basic tasks to lessen costs, save budget, and focus members' energy elsewhere.Ba… Read More

With the recent advancements in AI technology, using ChatGPT for mailing automation has become more powerful tool for businesses.ChatGPT can be used for marketing mailing automation by train… Read More

One of the biggest pain points that many businesses face is the need for responsive and scalable web applications that can handle a high volume of traffic and user interactions. According to… Read More

Open banking banks revolutionise with a wide range of services, including rapid payments, budgeting, investments, and the verification of credit status and income. Whether you're looking to… Read More

Here, we will first take a look at Firebase, including its pros and cons. Then we will run through some of the most popular alternatives you might wish to consider. What is Firebase?Firebase… Read More

The wealth management sector is already utilising the potential of advanced analytics thanks to the significant advancements in artificial intelligence and machine learning. It provides more… Read More

In the world of evidence-based medicine, clinical and operational decisions need to be made quickly and efficiently, based on real data. That is a common goal, and the next challenge is main… Read More

Kotlin is a statically-typed programming language developed by JetBrains in 2011. Its main goals are to be more concise and safer than Java. On the other hand, Java has been around for over… Read More

What is more relevant to use for app development today — Node.js or Java? Is there a big gap between them? What about Node.js vs. JavaScript differences? Let’s take an in-depth l… Read More

This is where DevOps as a Service comes in - a managed solution that helps businesses optimise their technology operations and stay ahead of the competition.DevOps as a Service refers to del… Read More

Product management is a vital part of modern business. It manages a company’s products and services from conception to delivery. Product managers need to be able to identify customer n… Read More

Survey data from Experian indicates that 85 percent of businesses see data as one of their most valuable assets. Yet at the same time, researchers at DataProt are telling us that businesses… Read More

In this competitive environment, organisations that cannot recruit developers—or even those that have developers but want to free up more of their time—increasingly turn to low-c… Read More

While physical intruders can cause loss and costs, a cyberattack can have a devastating impact, affecting not only the business but its customers, suppliers and other stakeholders.Losses can… Read More

According to a new report, the global product development lifecycle management market is set to grow from $33.03 billion in 2021 to $35.69 billion in 2022. As the world economy begins to sta… Read More

Vue was the brainchild of Evan You, a creative technologist at Google - which goes some way to explaining any outward similarities with Angular that you might notice. The point, however, is… Read More

In Q2 2022, fintech financing has significantly decreased, with the lowest in the previous five quarters and down 39% from the high in Q4 2021. But still, fintech is the sector with the most… Read More

As technology developed over time, we democratised software creation, giving consumers with little to no technical background a chance to produce technological solutions. No-code platforms e… Read More

According to Osterman Research, the world creates 2.5 quintillion bytes of data every day. That’s 2.5 raised to the power of 18, or 2.5 billion gigabytes, if that is any easier to conc… Read More

Since 2014, we’ve delivered stellar technologies and solutions to companies that want to set industry standards. Today, we’re proudly celebrating an achievement showcasing how mu… Read More

They typically help businesses focus on one or more of the following aspects of product management: Discovery - this covers exploring new opportunities through a better understanding of cust… Read More

Our Krakow-based team is ready to go above and beyond to deliver what our clients need. So it's a great honour to get recognition for our work based on their reviews. During the annual Clutc… Read More

Companies' personnel lack is increasing. It takes a long time to look for specialists: two months to close a vacancy is a good result. Both sides want one thing: to worry less about HR proce… Read More

TechMagic expands its presence and opens one more representative office to deliver custom tech solutions for our clients. Our new headquarter is a comfy place not just for work but for netwo… Read More

What does a typical your day look like? Usually, you start using a Javascript-enabled app. Get in touch on Facebook, book an Uber trip, or buy goods on eBay. There is one thing that all of t… Read More

Despite all the challenges that 2022 brought to the World, TechMagic continues to grow and expand. And today we’re glad to announce the opening of a new office in Krakow, Poland. Prehi… Read More

Working within the HR tech industry, we collected some interesting numbers that will be useful for anyone involved with the HR technology market in Europe and USA. And it would be a crime no… Read More

The software development market is expected to reach $1039 billion by 2027 compared to $390 billion in 2020. But do you know the software development life cycle, and why does it appear so di… Read More

Companies must prevent unauthorized access to Social Security numbers, medical record numbers, health plan beneficiary and account numbers, and the identities of patients, family, or employe… Read More

The No-Code Low-Code tools provide close compliance with business requirements, allowing faster implementation of tasks, and are much cheaper than in-house programs. Companies may save up to… Read More

The data a company gathers on its clients, operations, goods, and services is critical to its effective day-to-day operations to offer excellent customer experiences, streamline operations… Read More

Attracting professionals, saving money and time, and reducing the cost of taxes - are not the main advantages of outsourcing. Transferring part of the company's development or management ser… Read More

The IT outsourcing market is predicted to reach $425 billion by 2026, according to Statista. That's why you need to know nearshoring vs. offshoring remote team models to create digital goods… Read More

We provide services that get a large amount of data from our clients. As the client’s security is in the first place, we are determined to become certified against the world's leading… Read More