DashDevs Newsletter #41

We have gathered the most exciting updates from DashDevs blog to inform you about top-10 banking solutions, best payment processing company, merchant service providers, and other impactful topics. Brace up! We’re diving in this weekly update to learn more about fintech news and market insights!?

Core Banking Software Market Blooms as Businesses Seek Digital Edge

The rapid pace of digital transformation is driving unprecedented growth in the core banking software market. As businesses across industries seek to enhance customer experiences and boost revenue, core banking solutions have emerged as a key component of their strategic initiatives.

According to recent data, the core banking software market surged from $12.45 billion to $13.63 billion in 2024, reflecting a robust CAGR of 9.5%. While traditionally adopted by financial institutions, the benefits of core banking are now being recognized by non-financial businesses as well.

In this article, we will explore the core banking landscape, examining the top-10 big players on the market. Read more.

Finding the Perfect BaaS Partner: A Guide for Businesses

Selecting the right Banking-as-a-Service (BaaS) provider can be a complex task. With a multitude of options available, businesses often struggle to identify the ideal partner to meet their specific needs.

This article aims to simplify the process by providing a comprehensive overview of the BaaS model and offering a practical checklist to help businesses evaluate potential providers. By understanding the key features and benefits of BaaS, businesses can make informed decisions and integrate banking services seamlessly into their platforms. Read more.

API Market Expands With The Popularity of Integration

The API (Application Programming Interface) market is experiencing explosive growth, with a valuation of $5.1 billion in 2023. This surge reflects the increasing reliance on seamless data exchange between applications and platforms. With over 24,000 public APIs available and a staggering 90% of developers utilizing them, APIs have become an indispensable tool for businesses across industries.

In this article, we will talk about API’s significance in modern business operations. We will explore top-tier providers, naming the 12 most popular companies of 2024. Read more.

Payment Processing: The Cornerstone of Modern Commerce

As digital transactions continue to surge, payment processing has become an indispensable component of modern business. With a projected transaction value of $11.55 trillion in 2024, the ability to process payments efficiently and securely is paramount for businesses of all sizes.

Payment processors act as intermediaries between merchants, customers, and financial institutions, facilitating the seamless transfer of funds. By leveraging advanced technology, these platforms ensure secure and swift transactions, enhancing customer satisfaction and driving business growth.

This article will delve into the world of payment processing, exploring the top-10 best payment processing instruments. Read more.

Digital Payments Drive Demand for Merchant Service Providers

The rapid growth of digital commerce is transforming the way businesses operate, with electronic payments becoming the norm. A recent Statista report predicts that the overall transaction value will surge to approximately US$14.79 billion by 2027, underscoring the immense potential of this market.

At the heart of this digital revolution are merchant service providers, which enable businesses to accept various forms of electronic payments. These essential services streamline operations, enhance customer experience, and drive sales growth.

In this article, we will explore who merchant service providers are and what makes them so important for the business. Read more.

Autonomous Finance: A New Era of Financial Management

Unlike traditional financial services, autonomous finance empowers systems to make informed decisions and take actions on behalf of users. From managing investments to optimizing spending, these intelligent platforms offer a level of financial autonomy previously unimaginable.

The convergence of advanced technology and financial data has paved the way for this revolutionary approach. Autonomous finance represents the culmination of decades of progress, marking a significant milestone in the evolution of financial services. In our new article we explore this topic more. Read here for expanded explanation.?

This marks the end of our 41st newsletter. Next week we will bring more insightful information on popular fintech trends and updates, as well as our experts’ ideas for software development and project growth. Stay tuned and see you next week!?