pplications must comply with a variety of legal requirements such

 

Set technotoday.org Clear Project Vision

Identifying the scope of your pro stanyarhouse.com ject, setting deadlines, and choosing the main features that should be included in your application is another important stage. Ask yourself 4 questions:

technotoday.org

mbol; mso-bidi-font-size: 11.5pt; mso-fareast-font-family: Symbol;">·         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, ePrivacy technotoday.org regulations, etc. The number of regulations depends on the country or sometimes even the state or region you design the app for. One of the main tasks for FinTech entrepreneurs is to ensure that all the regulatory requirementsof the region they intend to develop for are met.

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