Financial technology, or FinTech, is a general term for various technologies used in the financial sector and businesses to address various financial tasks and improve financial services. FinTech also refers to an entire industry where companies operate using new and innovative financial technologies and solutions to compete with traditional financial institutions such as banks, insurance companies, and others.

Digital technologies are creating new opportunities for industries but also new challenges. Companies need to adapt to market and societal changes and stay ahead of them.

While the whole world is talking about how ChatGPT is changing the game, in our article we wanted to talk about how this technology will impact EdTech in 2023.

There are over 5 billion internet users in the world, with more than 80% accessing the internet via mobile devices. This percentage continues to grow each year. These statistics indicate that limiting your software products to just one platform or failing to adapt them for mobile use can result in a loss of both audience and revenue.

Prototyping is the process of creating a preliminary version of a product or its part, which is used to test the concept, functionality, user interaction, design, and other aspects of the product. Prototyping can be done at different stages of product development, starting from the idea stage and ending with final stages before launching the product to the market when changes can still be made without incurring significant costs. It is based on data about the industry and business sector for which the prototype is being developed.

With the emergence of various models of artificial intelligence, the capabilities of IT professionals and developers have significantly improved. The connection between developers and artificial intelligence (AI) may seem unusual at first glance, but it is becoming increasingly important in today’s world of technology. There are numerous ways in which AI can assist developers in their projects, from automating routine tasks to improving understanding of user needs.

The key to creating a successful product is a well-established communication between the specialists. It requires the ability to listen and understand, professionalism and ethics, coordination of actions, and many other soft skills that are equally important.

Artificial intelligence is predicted to be the hottest topic of 2023. It has been one of the most advertised technologies of the past decade, alongside virtual reality and blockchain.

How does the use of new technologies that “on paper” look much simpler and more profitable, cause a number of problems due to poor communication between the client – performer – outsourcer?

The Itera Research team makes a concerted effort to be present at the most exciting events, and the recent Web Summit 2022 was no exception. Besides gaining valuable experiences, we also had the opportunity to glean insights into where the world is headed in the upcoming years, and what groundbreaking innovations we can expect in the near future. We were reminded that the future is not just looming ahead – it has already arrived.