One of our strengths at Ping! Development is custom software for industries heavy in compliance regulations. One of these industries if the Financial Industry (also sometimes known as Fintech). So, what is involved in developing custom software for the financial industry?
Automate forms across your entire enterprise. Forms, surveys, contracts and other documents can be completely automated, eliminating risks of human error and ensuring that your business doesn’t come to a standstill due to a broken paper trail. Automated forms is another way businesses are using technology to create a great customer experience, eliminate waste and generate operational efficiencies. That improves the top and bottom lines of the profit-and-loss statement, as well as creating customers who become raving fans.
Recently, businesses and organizations in the Phoenix area were subjected to a series of frivolous lawsuits under the Americans with Disabilities Act (ADA). These were frivolous in the sense that it someone simply drove around measuring signs or browsed the Internet looking for any minor item they could. No formal complaints were ever filed and no one was given the opportunity to remedy the situation, they were just given a dollar figure to settle with and they'd be left alone. Unfortunately, many businesses paid up. Thankfully, the Arizona Legislature stepped in and put a stop to this.