What Software Development in the Financial Sector is Like

In a changing consumption paradigm, the financial sector's digital transformation encompasses a wide range of products, services, and processes: from end-consumer communications to data storage and processing, from decision-making procedures to supply and service channels. The largest financial institutions are actively mastering advanced technologies. New business models are proliferating, and opportunities for their technical implementation are opening up, leading to significant market supply and demand changes. Trends of software development in the financial sector The financial sector is one of the leaders in developing and implementing new technologies now and in the future—for example, platformization. It is the translation of financial technology into comprehensive online and ecosystem solutions to make it easier, faster, and cheaper for consumers to access goods and services. New electronic payment systems use cryptocurrencies and digital…
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