What are the needs of your target audience?

 

Set Clear Project Vision

Identifying the scope of your project, setting deadlines, and choosing the main features that should be inc newsvilla.org cluded 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 w panifol.com ith a variety of legal requirements such as GDPR, CCPA, FCA, PRA, ePrivacy onnp.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 requirements of the region they intend to develop for are met.

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