Which software development model is best for eCommerce website?
For eCommerce businesses looking to grow, tapping into well-established and clearly defined methodologies has made this journey much simpler. Numerous software development frameworks aim to organise teams and make the software development process as smooth as possible. Of course, it is inevitable to select the appropriate framework for developing eCommerce software. But first of all, […]
What is headless commerce: a complete guide for 2024
The eCommerce sector boasts striking figures, with annual revenues surpassing US$3,226.00bn, 3.8 billion customers, and around 12 million storefronts, showcasing its dynamic competitiveness. The market becomes even more daunting for digital storefront operators upon examining additional statistics: over 150 huge marketplaces exist, with the top three attracting nearly three billion monthly active users. Amazon, the […]
Inventory management in eCommerce: all you need to know
eCommerce and retail businesses often grapple with the issue of stockouts and overstocking, both come with their own set of challenges. Stockouts can result in missed sales opportunities and unhappy customers, whereas overstocking can tie up capital and boost profits. In these cases, the role of effective inventory management comes up. Modern inventory systems offer […]
What are the different Fintech types & which should you choose in 2024?
In the past decade and a half, financial technology, or Fintech, has become an integral component of our financial well being—indeed, of our daily lives. At the dawn of the 21st century, financial technology primarily focused on modernising banking systems through technological advancements. However, it has since matured into a distinct fintech industry with core […]
Decision analytics in Finance: How ML (AI) boosts your intelligence
The ongoing shift towards digital platforms allows banks to serve a larger audience, expand their market presence, and increase their revenue while cutting costs. Banks that capitalise on this opportunity also have access to vast data sets vital for improving analytics and machine learning algorithms for better decision-making. When implemented at scale, decision-making tools driven […]
Fintech development technology stack in 2024
Today, global economies are embracing digital payments, setting a new standard across a variety of industries. This trend suggests that digital payment adoption continues to increase. Thus, FinTech companies more often adopt emerging technologies to remain competitive and offer exceptional platform features. Wherever money flows, risk follows. Choosing technology that is both secure and scalable […]
