pplications must comply with a variety of legal requirements such
Set Clear Project Vision
Identifying
the scope of your project, setting deadlines, and choosing the main features
that should be included usadream.xyz in your application is another important stage. Ask
yourself 4 questions:
·
What do you want to achieve with this FinTech app?
·
Who is it built for?
·
What are the needs of your target audience?
·
Who are your competitors and which features do they use in their
apps?
Ensure Legal Requirements
Fintech
applications must comply with a variety of legal requirements such as GDPR,
CCPA, FCA, PRA, ePriv
newshut.org acy regulations, etc. The number of regulations depends on
the country or sometimes even t
newspapersmagazine.com he state or region you design the app for. One
of the main tasks for FinTech entrepreneurs is to ensure that all the
regulatory requirements of the region they intend to develop for are met.
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