Developing a software product is a risk. Ask all the failed tech startups. According to this report by Small Business Trends, more than 50% of small businesses fail in their first 4 years. The leading reason? Incompetence, which basically means failure at applying good internal processes in business. So, what can you do to turn the odds in your favour?

“Step up your game, be bold, act fast” was one of the key messages delivered by Georg Ludviksson, CEO of fintech startup Meniga at the Impact fintech’17 event. Even if that word of advice for incumbent banks wasn’t heard loud enough, no one could ignore the latest news about BBVA’s investments in Atom and solarisBank (by the way, we are happy to have solarisBank as a partner here at Netguru).

Fintech sector is at a turning point. It hasn’t become the mainstream yet, but it is already gaining momentum among startups and large enterprises. The legislation around the market is evolving, alternatives to traditional banking are popping up, and Blockchain is redefining security concerns. That said, the UX aspect of new fintech platforms is one of the biggest shifts the new technologies offer. Those who fail to understand the connection between design and fintech will lag behind. Best use-cases, lessons learnt, industry leaders. Join the fintech community at Disruption Forum Berlin Fintech!

Since time immemorial, travel addicts have faced the problem of either having the money or lots of free time. It’s hard to have both. I didn’t want to compromise, and, luckily, I got a job that allowed me to keep my travelling bug alive without giving up on my professional career.

The Policygenius story goes as follows: back in the day, two McKinsey consultants were advising insurers on growth and marketing strategies. They found a repetitive pattern: the insurers didn’t have a clue how to engage with customers online. So they decided to start their own company to tackle that challenge.

China earned its reputation for copying, but it would be naive to let this “can’t innovate” myth persist. “You can no longer lose sight of what is happening in the East”, warns one of the largest consulting companies. And this is especially true for the financial and insurance industry. China, with almost 800 million Internet users, propitious regulators, and behemoths such as Alibaba or Tencent, is quickly becoming the world's largest innovation incubator. To crack the Chinese secret code, I spoke to Mikołaj Bołtuć and Marcin Nedwidek of the Boston Consulting Group (BCG).

Machine learning applications can bring you more clients, increase sales and reduce business costs. However, if not used properly, they may lead to customer outflow, money loss and reputation damage. When should you use ML in your business and when is it better to stick with traditional computing methods?

Several years of UX experience - in core-banking in a global bank and the fintech industry in both London and Poland - led me to create this list. The entries below are absolute must-haves when it comes to fintech products.

Take 200 square meters. Throw in some wood, moss, and stone. Add brand new top-notch cars. Now cook it. Finally, season it all with five-star customer experience. Ready to serve.

Before hiring somebody for an engineering position or building an in-house dev team, you need to double-check a number of things. The following checklist is based on our 8 years of expertise in recruitment, onboarding and offboarding software developers. These are the best market practices and battle-tested solutions, which will help you build a successful development team.