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Fintech apps have made money handling smooth and secure. Fintech app development is being carried out as equal to developing other on-demand service apps. It is estimated that 66.7% of people will be using online payment apps by the end of 2020.
This shows that there is a massive demand for fintech app development. In developing a fintech app, there are primary vital features to be installed in carrying out the app processes. Let us look at a few other advanced features that can be used in fintech app development services to increase the app's efficiency.
Robo advisor
Data and service management can be regulated using the robo advisor feature, which is the next-generation technology.
Data analytics
The financial data and transactions are analyzed, and an advanced report is generated to aid the users in making smart financial decisions.
Personalized experience
The machine learning and AI feature integrated into the app provided a personalized experience for the users. They help in providing information and suggestions for the questions raised by the users.
Cross-platform compatible
The cross-platform compatibility provides the users with the autonomy to access the app on any device, thus enabling the user's ease of usage.
Biometric access
The login features using facial recognition and the fingerprint features can help the users login quickly and ensure high privacy.
Rest protocol
The rest protocol can ensure app security and is used in the back end coding. It also enhances the speed of the app.
SSL protocol
Data theft and cyber-attack can be prevented by using SSL certificates that help encrypt the data. This ensures the safety of the users.
Incorporate the above-advanced features to increase the efficiency of your fintech app.