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Education App Features

Coronavirus was declared a global and world-wide pandemic in March 2020, resulting in border closure, travel bans, temporary shutting downs of offices or permitting work from home, restriction in social gatherings, and limiting the crowd at public places, and many more. Covid-19 has changed the way how things were pursued in all the sectors, and education is not an exception.

As schools were shut down during the pandemic and the fear of the spread of the COVID-19 has changed the global education system. Both schools, as well as universities across the globe, have moved to online/ Virtual classrooms. This scenario has made e-learning and remote education apps a preferred choice for institute authorities and parents and guardians considering the pupils’ safety.

Thanks to technological advancements where distance/ remote education is as effective as physically attending the school. The education system has embraced technology, and hence with the help of educational apps, teachers and students can easily interact and engage with each other seamlessly.

As social distancing becomes the new norm, there has been a high demand for educational apps’ production and availability. Having said that, the distinguishing features of Educational Mobile Apps plays an essential role in offering the best learning experience.

List of must-have features of an Education App

1. Screen Sharing

Screen sharing makes it easy for the tutor to get everyone on the same page. It improves teacher-student engagement and increases the attentiveness towards the teacher. At the same time, class-room presentations have become very easy and convenient as students can directly share their screens hence eliminating the need for a projector and juggling with wires and adapters and connecting teachers from anywhere around the world.

2. Session Recording

Session recordings give students the comfort of knowing that they can get back to the material post-face-to-face session. Hence closing the gaps as students can go through the problematic concepts after the live session. Session recording also promotes the flipped classroom approach where teachers deliver core information before a face-to-face session, followed by student-centered activities.

These recording sessions prove to be very helpful to students for preparing during exams and assessments. It also relieves the student from taking down notes manually. Hence an ideal education app should support session recording to maximize student engagement.

3. File-share

File-sharing comes in handy for teachers when there is a need to share images, multimedia content, or other essential files right over the group chat. Hence all the students get access to the content immediately. Students can download/ upload the material and tasks quickly. The file share feature eliminates recurrent tasks and allows teachers/ students on the actual activity.

4. In-Session Chats

One of the advanced education mobile app features is the in-session chat that allows students to interact with their peers during an on-going glass. During the session, students can also raise their queries and get them addressed. This feature encourages real-time collaboration and discussion, leading an in-depth understanding of essential material. This scenario also promotes an interactive experience as teachers get feedback on a real-time basis.

5. Live Streaming

The internet has eliminated geographical barriers for most industries, if not all. The education sector and domain is one of the many to witness a positive impact of globalization. Most of the teaching platforms/ apps lack interaction, which is the most critical factor for effective learning. One of the most advanced education mobile app features was introduced to address this need, i.e., Live Streaming. It has a vast potential to impact learning with the right focus and strategy.

Live Streaming enables real-time interaction, massive reach, and efficient learning.

6. Chat Admins

Tutors/ professors are given the authority to be the chat admin wherein they can have a private conversation with students. Teachers can filter out students in various projects and monitor the progress regularly right from the app. Teachers can be well informed about their daily reports and other matters.

7. Non-verbal Feedback

For enhancing the user experience of any app, non-verbal feedback is the most honest in educational apps. One of the essential features for the mobile education app is the personalized experience that engages the user. A hand signal system proves to be an excellent way for the students to communicate and raise their concerns without disturbing the flow of learning. Hence, the message gets delivered quickly, and therefore the feature serves the purpose.

8. Polls

Polls are an exciting way of engaging students to post live sessions. Teachers can publish flexible questions, discussions, and live polls once the live sessions are over. This scenario will quickly engage students, and they can see the results/ responses instantly – a great way to create an active remote classroom.

9. Breakout Rooms

Breakout rooms feature within the app enables and teaches to distribute students based on the various topics. Teachers can shuffle/ enter different student groups in between to check the status of the assigned tasks. This feature allows teachers to monitor class assignments remotely and ensure learning is student-oriented, even in a virtual environment.

What are the new features in the education app?

10. Mock Test and Practical Exams

Evaluation/ exams are an integral part of traditional and modern learning methodology. Hence the new feature that students can expect within the app is “Exams.” The app can have a dedicated section apart from Polls and questions.

11. Offline Schooling

Since the lockdown, it has been noticed many students have limited/ no access to the internet. Offline schooling can be beneficial to such students where they can download a limited number of modules at a time and take maximum advantage of the app even in the absence of an internet connection.

12. Push Notifications

Push Notification has become an integral part of almost all the apps. These notifications grab the user’s attention as getting a gist of the message in a short text. The basic overview can be in the form of numbers/percentages. In terms of education apps, students can get notified regarding the course completion, the number of tests appeared and pending a reminder on pending submissions and upcoming deadlines. No wonder these push notifications can be altered from the settings, but these are efficient in keeping the students informed at every stage.

13. Gamification

It is a proven fact that kids of a certain age learn faster through a play-way method. You can soon expect Gamification to take over the overall concept that will help students learn faster through games and fun experiments. Gamification is expected to attract more students and enhance their user experience.

14. Personalization

The success of an educational app largely depends upon the personalized experience of the students. Educational apps mostly cater to learners of all age groups. Nowadays, most of the app offer personalization based on user’s convenience; however, soon, you will see educational apps have features such as custom learning. Students can alter the app based on the student’s study manners and methods.

The ever-evolving technological advancements have witnessed immense growth from the time pandemic was declared, and educational institutions started looking for options to mirror the in-class teaching experience. As the need for education apps grow, the demand for advanced educational features is also increasing to make the learning experience more enjoyable, fun, and interactive than ever.

Having an app for a school, college, or institute is no more a luxury; it is a necessity. Many institutes still refrain from having an education app due to the cost factors, complexity, and lack of resources to take up the development in-house.

Key Takeaways

Technostacks is a team of young and experienced developers who are highly proficient in mobile app development. We have worked on most of the advanced educational mobile app features on a diverse range of projects. For development, consultation or guidance regarding your upcoming education app project, feel free to reach out to our expert professionals or call us +919909012616 or email us info@technostacks.com.

Written By : Technostacks

Android 11 Beta Features

Google has made an important announcement of Android 11 beta launch and released Android 11 Beta 2 and Beta 3, which is scheduled for release on September 8th 2020.

Last month Android 11 Beta 2 release introduced the final SDK, NDK, app-facing surfaces, non-SDK restrictions, platform behavior, etc.

Android 11 Beta 3 includes bug fixes while they prepare for a stable update. However, Google added a change to Android 11 in Beta 3 i.e., and now users need not turn on-location services for the apps using Exposure Notification System – ENS to work. Along with this, there are a few unannounced changes that can be seen after installing the update on a Pixel Device.

New Android 11 features of the Beta 2 version are ideally for Pixel 2, Pixel 3, Pixel 3a, and Pixel 4 users. Anyone using any of these models and go ahead and install Android 11 beta features for testing purposes. Android allows users to get an update over the air by signing up for the Android Beta Program. Not only this, but Android also takes it to another level with the availability of downloadable packages for Pixel phones, which can be flashed using Android Flash Tools.

On the other side, the release of Android 11 Beta 3 does not have many changes as compared to the previous beta version. Regardless of the version, here is what we have found out.

What’s new in Android 11, and what can you expect from android 11 beta?

One of the most significant and essential transformations introduced in Android 11 Beta 2 is its platform stability reach. It means all the app-facing surfaces and behaviors are now final in Android 11. Further, this is not restricted only to the SDK and NDK APIs. However, it also enables final system behavior and the restrictions on non-SDK interfaces that might affect the apps’ functionality. Therefore, from Beta 2, you can expect compatibility updates and be sure that the platform won’t change.

As you may notice, Android 11 Beta 2 emphasizes more on the compatibility aspects. This scenario means Google wants to ensure that the beta version gives the developers enough time to check whether their apps are running smoothly.

1. Updated Pixel Launcher

Updated Pixel Launcher

One of the significant changes you will not work in Android 11 Beta 2 is the updated Pixel Launcher, which does not have any transparency. You will notice the display toggle has been added to the display setting, allowing users to navigate from 60 to 90Hz for selected content easily.

2. Screen Recording

screen recording option on Android 11 in Beta 2

The default screen recording option on Android 11 in Beta 2 comes allows users to record the screen as well as the device’s internal audio. This feature is in addition to the already existing audio recording from the microphone option. The new few features can be used to record the device’s audio as well as from the microphone.

3. Bubble

bubble feature in android 11

Another new feature is launching a conversation in a bubble. So now, the Allow Apps to show bubble option is enabled by default, which shows all the conversations in bubbles. A list of apps supporting this particular feature comprises renowned names as of now e.g., Facebook, Messenger, and Google Messaging apps.

4. Picture-in-Picture (PiP)

Picture-in-Picture in Android 11 Beta 2

Android 11 Beta 2 has also revised the Picture-in-Picture dimension criteria, as now the PiP window allows limited resize ability.

5. Updated Media Player

Updated Media Player in android 11

The New Media Player is now moved to the Quick Settings Panel, so you do not have to go into the developer options menu to allow the new design. The latest ripple animation makes the user experience a treat while hitting the media player’s play/ pause button.

6. Device Drop Monitor

Android 11 Beta 2 came in with a pre-installed app called Device Drop Monitor that uses the in-built sensors to detect the drop of the device and log the freefall duration. Once the app identifies the fall, it triggers a notification to the user and requests them to fill in a survey and share more details about the drop/ accident. Google uses these findings to improve future Pixel device designs.

7. Restriction on the third-party app for camera use

This feature does not sound to be so interesting; however, Google claims that this feature restricts third-party apps from tracking your location. So, when a third-party app asks to use your camera, the latest version will push the app only to use the default camera even when you have a third-party camera app installed in your device.

This restriction does not apply to Instagram, and users can still use the Instagram camera as earlier.

8. DND and Notifications

DND and Notifications

To permit apps to notify you, the new Do Not Disturb feature gives you advanced choices to refine and allow apps and contacts to send you a notification.

Google goes to a new level to send you silent notifications, ensuring to which notifications your phone grabs your attention and all this you can customize in your device.

9. Smart Power Button Menu

Smart Power Button Menu

Google’s OS now features a Device Controls menu, which appears when you press the power button on your Android device. This feature gives you instant access to payment cards, smart home system controls, and other settings. This scenario makes it very clear that Android 11 will provide quick access for managing intelligent home gadgets right from your Android device’s convenience.

10. Bunch of new Emoji

new Emoji in android 11

Google has come up with around 117 redesigned / new emoji’s, which are approved by Unicode Consortium. As Google is considering redesigning some of its emoji’s, we look forward to the final release.

11. New Icon Shapes

New Icon Shapes in android 11

Users who got early access to Android 11 notice the new icon shapes, namely Vessel, TaperedRect, and Pebble. However, we are still not clear if these are just for the sake of change of design, or it also offers different functions.

12. Improved Screen refresh time

In Android 11, all the users will be able to set refresh rates for apps and games. This scenario will allow games to take advantage of phones, which has displays that function on faster refresh rates – hence improving the gaming experience.

Android 11 final release date is likely to be September 8th, 2020

As we already updated you on the android 11 beta release date in the earlier conversations. Android 11 beta 3 builds were released in August, and the final release for AOSP and ecosystem is scheduled for the last quarter of the year, and most likely, it will be September 8th, 2020.

As shared above, Google is now focusing on improving the stability of Android 11. And with the release of Beta 2 they have come up with a list of changes/ updates. The release of Beta 3 is more of working on fixing the bugs and enhancing the user experience. As we continue to dig into the latest version of the Android 11 final release and come up with some unannounced updates, we will soon share it with you. In the meantime, if you have not moved forward or started testing Android 11 beta features, now is a perfect time.

  • Grab your pixel 2 or any latest Google phone
  • Go to Android 11 Preview site
  • Tap on to “Enroll in the Android Beta Program”
  • Then the subsequent step is to sign in using the same Google account, and in some time you get a direct alert on your phone
  • Approve the update, and you are good to go. Follow the instructions on your phone screen, and install the Android 11 Beta.

Key Takeaways

So, these were important announcements of the android 11 beta launch and development features in android 11 beta. We at Technostacks will further update you on critical announcements and keep the conversations going. If you have any questions regarding this article or if you have a query related to any app developer issue then you can comment below or fill up the contact us form. We will reply to you with further assistance.

Written By : Technostacks

Kotlin Vs Flutter

Kotlin and Flutter are two major languages and frameworks which are widely used for mobile app development. Mobile apps have so much so become an integral part of our lives that right from booking an air ticket or hotel to ordering food, shopping apparel, ordering grocery, paying utility bills, everything is available just on a few taps.

The growing popularity and increase in demand for mobile applications have increased the demand for mobile application development companies that are efficient in developing numerous types of cross-platform applications.

Recently cross-platform apps have gained momentum as they are accessible from various platforms. Developers prefer these platforms for the ease of coding, less time consuming, and cost-effectiveness – as one code can be used for developing apps for multiple platforms.

A few years ago, developers used to rely on React Native and Flutter to develop a cross-platform app, and now technological advancements have introduced Kotlin.

kotlin framework

Kotlin became the developer’s favorite because it offers a plethora of features and makes the app development process quite fun and hassle-free.

Kotlin Vs Flutter 2020: Google Trends Comparison

Let’s see Google trends comparison for both Kotlin and Flutter that makes you a clear idea about popularity.

Quick Comparison of Kotlin and Flutter

Here are the comparisons that help you to clear about Which is better kotlin or flutter?.

Qualities Flutter Kotlin
Programming Language Dart JVM (Java Virtual Machine), Native and JavaScript.
Cost Open-source and Free Open-source and Free
Developer Google JetBrains
Performance Hot-reload functionality ensures app performance is not affected. Efficient, secure, optimal and performs better.
Popularity Despite being new to the market, Flutter has gained popularity in a very short span of time. Kotlin is giving tough competition to Flutter as it is trending in Google search results.
Community Flutter is backed by strong community support over GitHub. Kotlin lacks community support over GitHub and other platforms.
Testing Support In-built testing widgets and app testing features are available. There is a rich set of units testing available, especially for Android Apps.
Integration Flutter Integrates well with Android and iOS platforms. Kotlin has multiplatform availability for the native environment.
UI Experience Users can build a custom user interface with Flutter. Kotlin allows users to have their native app experience.

What are the differences between Kotlin and Flutter?

Kotlin is a programming language, and Flutter is a framework. As frameworks are meant to be a solution provider to particular problems, and hence there are many in-built functions in Flutter to successfully build a fully functional mobile app. And of course, programming language knows no limits in terms of app development.

Google supports both Kotlin and Flutter. Google has been supporting Kotlin since 2019, and Flutter, the open-source mobile app development framework, was created by Google. In this particular blog post, we will dive into a comparison of Kotlin and Flutter and help you identify the right choice for cross-platform app development needs.

What is Flutter?

Flutter

Flutter is an open-source framework introduced in the year 2015 with an intention to prepare a market for Google Fuchsia. Flutter SDK enables the development of native-looking apps with the help of a single code. Over the years, Flutter had overcome many challenges and delivered efficient solutions resulting in Flutter becoming an ideal framework for developing cross-platform apps in no time.

Flutter is an ideal framework for developing apps for iOS, Android, Web, and Desktop-based applications.

Top brands that considered using Flutter are Google, the creator itself, Groupon, Square, Tencent, The New York Times, Alibaba, eBay, and more. These brand’s success stories developed curiosity amongst others to know the features of Flutter and whether or not it can benefit their business. Find below a glimpse of the advantages of Flutter.

Advantage of Flutter

1) Open-Source

Both Flutter, as well as Dart, are open-source and free to use programming language. Hence developers can check the documentation, post-development related queries in the developer’s forum, and learn and implement the code.

2) Hit-Reload

Flutter has this amazing Hot-Reload feature that allows you to see the reflected changes simultaneously aside from fixing the error, building the user interface, and even adding a particular feature without running the app from the start.

This scenario enables developers/ designers to decide whether the change looks perfect or sloppy and other elements of the application.

3) Same UI and Business Login in all platforms

Basically, Cross-platform frameworks provide a way to share codebase within the target platforms. But there are no app development frameworks that allow sharing the same UI and business login besides Flutter.

Flutter follows a single codebase structure enabling faster development as it does not require any platform-specific UI component to render its UI. Hence saving time and efforts of the developer and not compromising the performance of the end product.

This feature makes the framework stand out from the others available in the market.

4) Great performance similar to Native Apps

Application performance is most important for a good UX. With Flutter, application performance is not compromised at all, and it will be indistinguishable from any native app. In fact, it even runs better in complex UI animation scenarios. It is because the Flutter application is built directly into the machine code, hence eliminating the reliance on any intermediate code representation and performance bugs. With Flutter, you can get your application fully compiled and released before the schedule.

5) Support for Google Firebase

The Firebase integration enables developers to add backend facilities into the development environment.

6) Suitable for Creating MVPs and App Prototypes

Flutter allows creating applications for iOS and Android simultaneously, ultimately saving time, cost, and effort. This scenario makes Flutter an ideal choice for MVP development and creating prototypes that can be used in various projects such as fundraising/ charities etc.

Disadvantages of using Flutter

1) Still Immature Framework

Flutter has not been around technology for a longer time, and hence it is not stable yet. Developers face some of the other issues, and it lacks some advanced features that back the operating systems.

2) Flutter Apps are heavy to start

Apps built over Flutter occupy a lot of space on the device and take longer than usual to download or update the app.

3) Constantly Changing

Flutter and Dart are continually changing, making it difficult for developers to maintain the code in the longer run.

When to use Flutter?

1) For creating MVP – Minimum Viable Product

For apps that need to be ready in a short span of time, then Flutter is the best bet.

2) Accessible Solution

The robust hot-reload feature allows developers to progressively make changes to the app. If you know that the process requires a lot of time, then Flutter comes in as a handy solution.

3) Clean Set-up

Kotlin framework demands a simple set-up, even in those low-end PCs. They are allowing designers to access basic features like location and camera besides additional gadget support.

What is Kotlin?

Kotlin was developed by JetBrains and was officially released in the year 2016. Basically, it is a cross-platform general-purpose programming language. Kotlin relies on the Java Class Library, and its Syntax is more concise. Its multiplatform feature complies with the JVM bytecode, JavaScript, or LLVM code.

It provides an unlimited scope of app development, and this is why it can be used for Android, iOS, Web, Desktop, and Backend development in Java frameworks.

Although Kotlin is still new in the market, surprisingly, some giants have embraced it to promote their business. Famous brands such as Chalk, Autodesk, Careem, VMware, Yandesk, Quizlet, Touchlab, and many more have chosen Kotlin over other apps.

Advantages of Kotlin

1) Not just any framework but a complete SDK

Experienced developers may know that Kotlin is a complete SDK. So when you plan to build an app over Kotlin, you need not shift the entire app. You can hire professional developers who are well versed with the Kotlin to first work on a single module and later plan to move other modules if everything else works perfectly.

2) Simple Language

Kotlin’s syntax is similar to other programming languages like Swift, Java, Groovy, and Scala – these languages are pretty easy to understand.

3) Reuse of Logic

Just like Xamarin and React Native, few other platforms require separate UI and enterprise logic. However, there is one thing dissimilar from others i.e., the shared logic and libraries within the UI layers. Kotlin developers can efficiently work on the local environmental factors such as JS for the internet, Swift, and XCode for iOS, Android Studio.

4) Adaptability and Flexibility

Kotlin allows designers to scale up the developed app without any virtual machine. This makes Kotlin a perfect choice for designers where it gives a future reservation of scalability and flexibility in the future.

5) Ease of Learning

The sentence structure, which is similar to Swift, Java, Scala, and Groovy, makes it easy for the developers to learn the language.

Disadvantages of Kotlin

1) Still Not Java

Agreed that they both are similar, but at the core, these two are different code languages. Developers find it difficult to navigate from one to another unless they have a thorough understanding of Kotlin.

2) Compilation Speed

At instances, Kotlin works faster than Java while performing incremental builds. However, one should keep in mind and remember that Java will stay incomparable when we talk about clean building.

3) Less Kotlin professionals/developers

Although Kotlin is widespread, accessible and popular, the amounts of Kotlin professionals/developers are very less. The reason being Kotlin developers requires in-depth knowledge about the language, and it is difficult to find Kotlin experienced professionals.

4) Limited resources to learn

The number of developers moving to Kotlin has increased, but there is a limited number of developer’s communities available to learn this language or solve any issue during the development process. With limitations in learning resources, a lot of developers are holding back to step forward from becoming experts.

When to use Kotlin?

1) Integrating Additional Features

Kotlin functions seamlessly with Java and any Java tools. Essentially if you wish to add highlights to your current mobile app, at that point, instead of patching up the entire development process or changing the platform, effective use of Kotlin can serve the purpose.

2) Easy to understand Syntax

Applications that demand substantial coding, Kotlin can be used.

3) Inbuild Debugging

Kotlin’s quick compiler feature is smart enough to look through bugs and ensure they do not return naturally. You can say Kotlin is more secure compared to JAVA and proactively reports bugs and resolves issues instantly.

Which is best for Android development? Kotlin or Flutter?

As far as Flutter and Kotlin are concerned, the development of both the native as well as cross-platform mobile apps, both the platforms are said to be reliable and intend to reduce the time and expense involved in the app development besides improved app performance.

Both platforms are supported by Google, which is an assurance in itself that both platforms will be dominating the technology marketplaces in the near future.

As per our observation, Flutter has performed a little better compared to Kotlin. However, based on your project needs and technology requirements, you can make your own choice.

Should I learn Kotlin or flutter?

Both the Kotlin and Flutter are good in development but the research says that the Flutter is better than Kotlin as you can see above Google trends comparison and discussed factors. However, the learning curve depends upon your interest, project requirement and app platform.

Key Takeaways

If you are in a dicey situation to decide which platform to choose from Flutter vs. Kotlin and need a technology consultation, feel free to reach out to us by commenting below or contact us, and our experts at Technostacks will be delighted to assist you.

Written By : Technostacks

Fintech Benefits for Banking

Whether you realize it or no Fintech is likely a huge part of your life. Right from depositing a check by clicking a picture and depositing it to the bank account, to paying your bill at the restaurant by tapping your phone and heading back home in an Uber where you book a cab online and pay directly through the app.

According to the Global Fintech Adoption Index 2019, a study by Ernst & Young adoption of Fintech services has steadily moved up from 16 % in 2015 to 64 % in 2019, and the number has obviously grown in 2020 due to the pandemic and social distancing guidelines as a new norm. If you are still wondering what Fintech is, here is a brief understanding.

What is Fintech?

Financial Technology abbreviated as Fintech is an innovative technology that aims to transform the traditional way of dealing with finances with the help of improved financial services.

How FinTech Is Transforming The Banking & Finance Sector?

Smart Chip Technology

Smart Chip technology is basically the smart chip ATM card, which minimizes the financial impact due to mishaps. The EVM technology embedded in the chip works on a one-time password formula for each transaction, hence improves the security aspects as the code is valid only for one operation. In case your card is stolen, it will not be of any use to them.

On the other side, banks prefer their customers to memorize their pin and do not share it with anyone to avoid any mishaps. No wonder banks are working hard to match up to something which provides top-notch security to its customers.

Banks still use the magnetic stripe technology that requires the same pin for all the transactions, hence compromising the safety and making it susceptible to fraud.

Biometric Sensors

A biometric sensor is one of the inventions of Fintech. Biometric sensors and Iris scanners are the two technologies by Fintech which ATMs are using. These are advanced to a level whereas one need not carry a plastic card and need not require remembering the pin.

Also, these biometric-enabled ATMs use integrated mobile apps, fingerprint sensors, and eye and palm to identify the account owner. To make sure there is no kind of single mistake or error in customer recognition, ATMs also use micro-veins. Biometric technology gives a sigh of relief to those who get panic even with the thought of losing their ATM card. Biometric makes sure they can access their funds even after losing their card.

Online Transactions

The online transaction ensures an efficient electronic payment system. These electronic payments include payment of insurance premiums, social security, salary, payment of loans, bills, etc.

Omni-channel Banking

Fintech has made a considerable contribution to transforming traditional banking systems from one branch to various other digital channels, e.g., social, online, and mobile. This scenario eliminates the need to be dependent on banks and specific branches that offer certain functions. It results in banks adopting the omnichannel option and reducing their number of branches.

Chatbots for customer service

Chatbots have become popular when it comes to customer service; this machine learning-enabled bots efficiently streamlines client interactions by handling queries as humans and directing the query to the right department.

Many banks have made Chatbots an integral part of their process and programmed it to advise customers on investment plans or advise customers with the relevant information they are looking for, hence increasing overall customer satisfaction.

Artificial Intelligence (AI)

AI and Machine Learning make an excellent combination for detecting suspicious activities/ transactions. These AI-enabled fraud detection software generate an alert when they sense a potential fraud transaction, later the matter is handled for further investigation by humans.

With the technology becoming dynamic and scammers becoming smart, fraud detection is becoming difficult, putting customer data at risk. To address this issue, banks have adopted AI along with a machine learning-driven statistical model to leverage historical data to identify the pattern of fraud attacks. It also includes a data aggregation platform to track data and find out unstructured transactions. It further enables process automation to transform the AML operations, hence reducing the human effort to 50%.

E-Wallet

To name a few Samsung Pay, PayPal, Android Pay, and Apple Pay, some of the giants in the e-wallet world have widely used people to pay utility bills, booking tickets, paying on for purchases, and ordering food, etc.

Apart from these, many brands and e-commerce websites have come up with their own e-wallets, such as Starbucks/ Amazon/ Walmart Pay. These brands attract users by giving them an irresistible offer, cash backs, and reward points.

Banks have realized the potential in e-wallet due to its immense popularity and success. As a result, in collaboration with brands, many banks have come up with great e-wallet offers to lure customers.

Mobile Banking

The boost in the total number of smartphone users is spoiled with the choices they are offered at the convenience of their location with a few taps. This scenario has forced banks to offer mobile banking applications that provide convenient Fintech banking services.

As a result, nowadays, most banks have a mobile app that is user-friendly and has some fantastic features, like recognizing the user’s fingerprint. These apps work seamlessly without the need for any biometric app or hardware.

Mobile Apps have been everyone’s preferred choice for receiving and transferring funds and performing payment functions, right through the mobile banking app.

This scenario clearly shows that the role of Fintech in the banking industry is commendable, enabling banks to offer customer safe and user-friendly banking experience. Customers have embraced technology and demand more of it for smooth financial transactions, and the question still remains how are banks responding to Fintech?

Fintech simply uses an internet connection, mobile, and cloud to provide financial services. A few Fintech banking examples include:

  • Mobile payment apps
  • Mobile wallets are the latest trend as people prefer to make payments without carrying cash/ card.

  • Peer-to-peer payment apps
  • Apps such as Venmo, PayPal allows this feature.

  • Blockchain and cryptocurrency
  • Bitcoins have been famous as an alternative to currencies.

  • Mobile-Only banking
  • Mobile-only banks such as Ally and Marcus.

  • Funding apps
  • Such as Ketto- allow individuals to raise funds from people rather than knocking investor’s doors.

  • Peer to Peer loan programs
  • Websites or Apps that will enable people to get loans from friends or other individuals rather than from banks and traditional lenders.

  • Insurance programs
  • Fintech makes it easy for people to get an insurance quote from various suppliers at once.

  • Budgeting programs
  • These apps are directly connected to people’s bank accounts and credit cards to keep track of the income and spending.

The swift evolution of Fintech has transformed how financial institutions used to function – banks, insurers, and asset management companies have been facing a new reality.

Products and services that were used for decades can no longer be used in the digital world. To keep up with the growing or maturing demand of customers and trends, banks have reinvented their processes. Apart from banks, many tech giants, retailers, and global organizations are looking forward to solutions to provide financial services as per their customer’s demands.

Moving Forward

Fintech is not a rival for traditional financial institutions. In fact, Fintech in banking acts as a facilitator and not a competitor. It wants to work with banks hand-in-hand and grow as partners.

Banks and the credit unions and also the new Fintech providers are committed to providing a next-level banking experience. The advantages of Fintech in banking outweigh the challenges that face it. The partnership between banks and Fintech will create even better solutions and skills for the customers than the organization can offer on its own. Both the bank and Fintech together will surely create a new paradigm for every individual.

Technostacks is a leading FinTech app development company and if you want to develop a Fintech solution then you can contact us, email us on info@technostacks.com or call us on +919909012616. We will give you the best assistance for your app development.

Written By : Technostacks

Real Estate App Features

As per a recent research, 1 in 4 people utilizes real estate mobile apps to search, buy, and sell properties online. The best part about using such apps is that you can find properties in just a button click. One of the most fruitful businesses is real estate; with technology development, it has become more profitable. You will know more about the features of real estate mobile apps in this blog. The on-going trend of searching properties online has led to cutthroat competition in the market. As per a few market pieces of research, it can be concluded that at least 95% of the real estate agencies have their web portals featuring property listings.

Furthermore, if you want to sustain in the competitive market, it is advisable to take this tiny step to build a website. Additionally, it would be the best scenario if you create a custom mobile application for your real estate agency.

Above all, your real estate mobile app must stand out in the cutthroat marketplace. Mobile app development is a viable option for businesses that deal with customer data and directly serve clients. Apps can bring many benefits to the company and different types of users. As companies need to inform and engage with users about their brand. Furthermore, mobile apps can help in enhancing brand visibility. The mobile apps are custom made as per buyer’s requirements. In marketing, it is known as hammering. The brand logo acts as a reminder for the client. The results are brand enrichment.

How Can You Make Real Estate App Development Effective?

Every mobile app has some social media integration under which users can post directly on their social media handles from the app. Most users tend to post their images, experiences, or upload live videos on the app. The users are marketing the product themselves to the potential buyers. Many apps even offer some schemes, including discounts, free vouchers, etc. If users wish to avail of this benefit, they need to promote the app. The majority of the industries currently are using a mobile app to encourage its users.

When it comes to real estate mobile apps, it is essential to develop user-oriented applications. There are several issues faced by the real estate industry that can be solved easily by developing user-friendly apps. The users aren’t aware of the information about real estate properties. Traditionally the users have to visit the site and spend a lot of time analyzing the property. Also, it is difficult to search and contact the sellers directly.

Current Scenario of the Real Estate Market

By developing a real estate app, an agency can target many issues. The majority of real estate apps come in use for house hunting. While some apps are designed for agents, some are prepared for the users. As per a recent survey, it can be concluded that 44 % of buyers searched property deals online while 17 % of users contacted the real estate agent, and 6 % physically visited the property. Lastly, you should ensure your app is easy to install and use.

What are the Diverse Features of a Real Estate App?

Curious to know, here are some fantastic features. The main aim of developing a mobile app for your real estate business is to grab users’ attention and make the selling process easy. Additionally, you need to keep a tab on the latest trends and features getting implemented in your app.

  • 1) User Onboarding:
  • It is one of the top real estate app features. Users can access onboard on the app by doing the following:

    • Authorization via email
    • Phone verification
    • Social media authorization

    You can pick or decide on any of the methods mentioned above to allow users to sign up for the app. It is an excellent idea if you are considering combining all the arrangements. It will provide both resilience and convenience to the end-users and make the signup process simple.

  • 2) User Profiles:
  • The users should be able to open their account on the app to perform various app activities. There are a different set of users, so the app should have separate profiles. For instance, the options visible in the agent’s profile will vary from the options visible to the users. A buyer can save their preferred listings, contact the agent, or raise a query, etc. At the same time, agents should be able to see advertisement opportunities, a list of potential buyers, etc. Some common factors should be accessible to all.

  • 3) Listings and Database:
  • One of the must-have features of real estate mobile apps is property listing. Under this feature, the available properties are listed along with the necessary details. People who desire to sell or rent their property should be able to edit their listing easily. As property listing is an ever-growing feature, you will need a vast database. There will be an increase in the database as the users will increase. So you must ensure, both database and servers are amenable enough to aid the operations. For any real estate app, it is essential to have a secure database.

  • 4) Filters and Categories:
  • It is challenging to search properties online, but you don’t need to worry as filters are here to make your hunt easy. The advanced search features added to the app will make the property searching process effortless. By adding categories and filters, users can easily hunt properties that match their needs.

  • 5) Property Profiles:
  • The property profiles include extensive details about the property, including photos, description, price details, videos, neighborhood information, value proposition, etc. At least 80 % of the users decide to buy a house or not – based on the photos and videos posted on the app. Also, the app should feature the contact details of the concerned property owner or the agent.

  • 6) Shortlisting:
  • All real estate apps must have a shortlisting feature so that users can save their preferred properties. It makes their decision making easier. By adding this feature, the users can access their favorite properties with the details directly in their accounts.

  • 7) Maps & Insights:
  • It is one of the required features of the real estate app as by integration of maps in the app can help users get a lot of information. You can do both show the properties and also display the statistics and data related to the shortlisted properties. Users can also find info, including crime rate, nearby schools, infrastructure, average income, etc. locality wise. You can hire experts from Technostacks, a leading real estate app developer company, as they will help you fetch the information and display the same on your app.

  • 8) Push Notifications:
  • A robust marketing technique is to use push notifications. If you are willing to make your app successful, you should have this feature on your app. By implementing push notifications, you can stay on the top of the customer’s mind. Additionally, it can also be useful in promoting your services. Consistently you can use these notifications to reach out to your potential buyers and send the latest updates on the industry to the users. Also, you can keep the users updated about the price fluctuations prevailing in the market. You can notify the potential buyers if a new property is added to any location. However, you can optimize the benefit of the feature by customizing the notifications. Ensure you send only relevant messages to the users.

  • 9) Property Cost Calculators:
  • A useful addition to the real estate mobile app is a property cost calculator. You can rightly ask the developer to add this unique feature and get a rough estimate of real estate app development costs. This feature enables the user to get an idea of the average property cost. Ensure that the calculator provides detailed costing. Furthermore, the users should also be able to calculate or estimate the final amount based on various factors, including taxes, loan repayment schedule, initial payment range, and loan interest amount.

  • 10) Calendar:
  • Though the calendar sounds like a fancy idea on the app, having a timeline on the app plays a vital role for both agents and buyers. The buyers can directly check the agent’s availability if they plan to meet the agent face to face and schedule their appointment. The agent will get a reminder from the calendar.

  • 11) Call or Direct Messaging:
  • Offering user’s property information is a single part of the app, but the next stage of call or direct messaging adds additional values to the app. The feature of call or immediate messaging can help users connect with the agents through direct calls, online chat, callback options, etc. A buyer can contact the agent or the owner if they are interested in a specific property.

  • 12) Analytics:
  • One of the most significant features of a real estate app is analytics. If you are willing to create a real estate marketplace where users can sell or rent properties, you should know the app’s end user’s interacting pattern. By adding analytics, you can get an idea about the strengths and weaknesses of the app. Thus you can get maximum data if you segment your users based on their buying behavior.

    Key Takeaways

    You can develop a high-quality app if you add these features to a real estate application. You can sustain in the competitive market if your app features are outstanding. Technostacks is a leading real estate app development company. Connect with us to identify how we can assist you and get the needed cost estimations to build your next mobile application.

    Are you in the real estate or construction business? Do you want a mobile app solution for your business? then you can inquire us, mail to info@technostacks.com, or call on +91-9909012616.

    Written By : Technostacks

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