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eFinance and Software Group Partner to Promote Financial Inclusion in Egypt through Digital and Agency Banking Solutions
<div style="box-sizing: border-box;">&nbsp;<a style="box-sizing: border-box; background-color: transparent; transition: 0.3s ease-in-out; color: #1ca6ea; text-decoration-line: none;" href="https://www.efinanceinvestment.com/" target="_blank" rel="noopener noreferrer" data-sf-ec-immutable="">e-finance Investment Group</a>, one of Egypt&rsquo;s leading developers of digital payment infrastructures, signed a Memorandum of Understanding (MOU) with&nbsp;<a style="box-sizing: border-box; background-color: transparent; transition: 0.3s ease-in-out; color: #1ca6ea; text-decoration-line: none;" href="https://www.softwaregroup.com/home" target="_blank" rel="noopener noreferrer">Software Group</a>, a global technology company specialised in digital banking solutions and financial inclusion, to encourage the adoption of digital financial technologies, agent banking, along with cloud computing services and artificial intelligence.</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">The MOU is part of e-finance&rsquo;s plan to empower banks and financial institutions in Egypt by providing a wealth of solutions and services including agency banking services widening the access of financial services to mass market, while focusing on rapid time to market.</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">This Partnership is capitalizing on the capabilities of Software Group&rsquo;s&nbsp;<a style="box-sizing: border-box; background-color: transparent; transition: 0.3s ease-in-out; color: #1ca6ea; text-decoration-line: none;" href="https://www.softwaregroup.com/solutions/agency-banking" target="_blank" rel="noopener noreferrer">Agency Banking&nbsp;</a>technology aiming to contribute to the Central Bank of Egypt&rsquo;s strategy for financial inclusion and national economic development under the 2030 Vision.</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">Furthermore, the partnership augments e-finance&rsquo;s vision to be an enabler, not only for Digital Banks, but also for Banks and NBFIs who wish to become more digital. The aim is to provide pre-built building blocks and make them available to achieve faster time to market and high value for customers. This Financial Services Platform is compatible with the banking regulatory instructions published by the Central Bank of Egypt and the Financial Regulatory Authority, allowing e-finance to provide a wealth of components in Banking-as-a-Service (BaaS) model on its Sovereign Public Cloud e-finance ability to operate national-scale end-to-end mission-critical solutions is one of its kind; It is considered one of the top unique values that e-finance provides for its customers.</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">Software Group will capitalize on its technology and expertise necessary to build technological solutions for the financial sector. The company&rsquo;s&nbsp;<a style="box-sizing: border-box; background-color: transparent; transition: 0.3s ease-in-out; color: #1ca6ea; text-decoration-line: none;" href="https://www.softwaregroup.com/digital-banking-platform-digiwave" target="_blank" rel="noopener noreferrer">DigiWave Digital Banking Platform</a>&nbsp;will serve as the foundational system, complemented by its off-the-shelf digital channel solutions including agency banking, mobile and internet banking, loan origination with credit scoring, mobile card applications and digital wallets, factoring, enterprise integration, and more.&nbsp;</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">e-finance and Software Group are developing a commercial model to support the development and management of all digital banking and financial components.&nbsp; Further, the two companies will partner to market, and cooperate with banks and financial institutions in Egypt and beyond to enhance financial inclusion and reduce the costs incurred by banks in leveraging new technologies, opening new branches, and reaching underserved customers in remote locations.</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">While commenting on the partnership,&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">e-finance Investment Group Chairman and CEO, Ibrahim Sarhan</span>, said the Egyptian market is evolving and we are working on empowering financial and non-financial institutions to respond innovatively to this rapid change by providing a full spectrum of digital financial service activities, supported by huge<span style="box-sizing: border-box; background-color: initial; font-family: inherit; font-size: inherit; text-align: inherit; text-transform: inherit; word-spacing: normal; caret-color: auto; white-space: inherit;">&nbsp; investments and a giant infrastructure established by eFinance group aiming to accelerate the digitization of economy. He further added that the group continuously seeks enrichment of its capabilities by forging partnerships to provide digital financial solutions that are first of its kind in the Egyptian market.</span></div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;"><span style="box-sizing: border-box; font-weight: bolder;">&ldquo;The group is proud of its partnership with Software Group, a global company and a leader in its field. The cooperation will result in the provision of a diverse and new set of digital financial services to the banking and financial sectors considering the continuous development and modernization of various regulations, controls, and laws led by the Central Bank of Egypt and the Financial Regulatory Authority to support and enhance digital financial inclusion and make more innovative financial tools available,&rdquo;</span>&nbsp;stated Ibrahim.</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">Also commenting on the partnership,&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">Software Group CEO, Kalin Radеv</span>&nbsp;expressed his pride in partnering with e-finance due to its great experience in digital transformation and financial inclusion within Egypt.&nbsp;</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;"><span style="box-sizing: border-box; font-weight: bolder;">&ldquo;We are thrilled to collaborate with e-finance Investment Group in this strategic partnership that accelerates financial inclusion in Egypt and supports the realisation of the country&rsquo;s Vision 2030. The synergy between e-finance's industry and market expertise and Software Group's global experience and proven digital banking solutions, positions us to drive the nation forward into a digital era of financial inclusivity and sustainability,&rdquo;&nbsp;</span>said Kalin.</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;"><span style="box-sizing: border-box; font-weight: bolder;"><em style="box-sizing: border-box;">About eFinance Investment Group:</em></span></div> <div style="box-sizing: border-box;">&nbsp;</div> <div style="box-sizing: border-box;">e-finance Investment Group is a homegrown developer of digital payments infrastructures that was established in 2005 to develop the Government of Egypt&rsquo;s financial network. Over the course of nearly two decades, the Group has penetrated all corners of Egypt&rsquo;s digital market and transformed itself into a leading technology-focused investment firm. With a dynamic business model and a flexible organizational structure, e-finance is able to focus on multiple target markets through its subsidiaries and maximize its ability to unlock value in the digital payments space. The Group boasts a portfolio of subsidiaries that has enabled e-finance&rsquo;s growth across multiple markets, unlocked synergies across its business lines, and enabled digital transformation for various strategic sectors throughout the nation to support the development of Egypt&rsquo;s digital economy and drive towards financial inclusion. Learn more at&nbsp;<a style="box-sizing: border-box; background-color: transparent; transition: 0.3s ease-in-out; color: #1ca6ea; text-decoration-line: none;" href="https://www.efinanceinvestment.com/" data-sf-ec-immutable="">efinanceinvestment.com</a>.&nbsp;</div> <div style="box-sizing: border-box;">&nbsp;</div>
First Global Bank in Jamaica partners Profile Software for digital Finuevo Suite
<p class="first_paragraph" style="box-sizing: border-box; margin: 0px 0px 1.42857rem; padding: 0px; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; font-weight: bold; font-size: 1.1em; line-height: 1.6; text-rendering: optimizelegibility; color: #222222;">First Global Bank (FGB), a subsidiary of the GraceKennedy Group providing commercial banking services in Jamaica, has partnered with Greece-based financial software solutions vendor Profile Software to implement its Finuevo Suite for new digital onboarding and loan origination facilities.</p> <div id="attachment_15359966" class="wp-caption alignright" style="box-sizing: border-box; margin: 0px 0px 8.5625px 17.125px; padding: 8.5625px 0px 17.125px 17.125px; float: right; color: #222222; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; width: 210px;"><img class="wp-image-15359966 " style="box-sizing: border-box; max-width: 100%; height: auto; display: inline-block; vertical-align: middle; border: 0px;" src="https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news.png" sizes="(max-width: 200px) 100vw, 200px" srcset="https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news.png 500w, https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news-180x180.png 180w, https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news-150x150.png 150w, https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news-110x110.png 110w, https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news-90x90.png 90w, https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news-100x100.png 100w, https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news-70x70.png 70w, https://www.fintechfutures.com/files/2024/07/First-Global-Bank-fintech-news-280x280.png 280w" alt="First Global Bank fintech news" width="200" height="200" aria-describedby="caption-attachment-15359966" /> <p id="caption-attachment-15359966" class="wp-caption-text" style="box-sizing: border-box; margin: 0px; padding: 0px; font-family: inherit; font-size: 1rem; line-height: 1.6; text-rendering: optimizelegibility; text-align: center; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">First Global Bank partners with Profile Software</p> </div> <p style="box-sizing: border-box; margin: 0px 0px 1.42857rem; padding: 0px; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; line-height: 1.6; text-rendering: optimizelegibility; color: #222222;">Comprising the core banking platform&nbsp;<a style="box-sizing: border-box; color: #000000; line-height: inherit; transition: all;" href="https://www.fintechfutures.com/2022/07/profile-software-unveils-new-core-banking-platform-finuevo-core/">Finuevo Core</a>&nbsp;and digital banking software Finuevo Digital, the cloud-based suite is set to bolster the bank with &ldquo;completely digital functionalities&rdquo;, a statement on the partnership claims.</p> <p style="box-sizing: border-box; margin: 0px 0px 1.42857rem; padding: 0px; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; line-height: 1.6; text-rendering: optimizelegibility; color: #222222;">Its application will pertain to certification and digital onboarding, account origination, automatic credit checks, loan initiation, origination approval and monitoring, and credit card origination.</p> <p style="box-sizing: border-box; margin: 0px 0px 1.42857rem; padding: 0px; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; line-height: 1.6; text-rendering: optimizelegibility; color: #222222;">The adoption of the suite&rsquo;s &ldquo;modular architecture&rdquo; is expected to enable FGB to realise its &ldquo;smart brand strategy&rdquo; and &ldquo;rapidly deploy diverse and innovative financial products and services&rdquo;, the statement continues.</p> <div id="gpt-inarticlevideo" class="advert in-content-advert advert-left" style="box-sizing: border-box; margin: 0px; padding: 0px; text-align: center; color: #222222; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif;">&nbsp;</div> <p style="box-sizing: border-box; margin: 0px 0px 1.42857rem; padding: 0px; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; line-height: 1.6; text-rendering: optimizelegibility; color: #222222;">Terry-Ann Graver, COO at First Global Bank, says the implementation &ldquo;marks a significant milestone in our digital transformation journey&rdquo;.</p> <p style="box-sizing: border-box; margin: 0px 0px 1.42857rem; padding: 0px; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; line-height: 1.6; text-rendering: optimizelegibility; color: #222222;">&ldquo;This smart solution enables us to provide our customers with an enhanced digital banking experience, positioning us for sustainable growth and operational excellence,&rdquo; she comments.</p> <p style="box-sizing: border-box; margin: 0px 0px 1.42857rem; padding: 0px; font-family: 'Open Sans', sans-serif, arial, helvetica, sans-serif; line-height: 1.6; text-rendering: optimizelegibility; color: #222222;">Founded in 2002, FGB operates eight branches across Jamaica, located in New Kingston, Liguanea, Manor Park, Downtown Kingston, Mandeville, Montego Bay, Portmore, and Ocho Rios.</p>
BotswanaPost's DigiPost: Revolutionizing the National Economy through its flagship Super App – Posa’it
<ul style="box-sizing: border-box; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;"> <li dir="ltr" style="box-sizing: border-box;" aria-level="1"> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em;" role="presentation"><span style="box-sizing: border-box; font-weight: bolder;"><em style="box-sizing: border-box;">The Post Office has diversified its services from traditional postal services to include offering digital financial solutions aimed at driving financial inclusion in Botswana.&nbsp;</em></span></p> </li> <li dir="ltr" style="box-sizing: border-box;" aria-level="1"> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em;" role="presentation"><span style="box-sizing: border-box; font-weight: bolder;"><em style="box-sizing: border-box;">In addition to DigiPost, Social Grants disbursement, Agency Banking services, Mobile Money Solution known as PosoMoney are now more accessible through the flagship postal super app dubbed Posa&rsquo;it.&nbsp;</em></span></p> </li> </ul> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">BotswanaPost, the local designated postal operator and innovator in financial, logistics, postal, communications and agency services in Botswana, has unveiled its transformative&nbsp;<span style="box-sizing: border-box; font-weight: bolder;"><a style="box-sizing: border-box; background-color: transparent; transition: all 0.3s ease-in-out 0s; color: #1ca6ea; text-decoration-line: none;" href="https://www.softwaregroup.com/industry/digital-government" target="_blank" rel="noopener noreferrer">Digital Post Office Platform</a>&nbsp;called DigiPost</span>. This ground-breaking initiative aims to modernize the nation's financial infrastructure, fostering economic growth and financial inclusivity throughout Botswana. The smart-app based extension of BotswanaPost sales touch points allows for the onboarding of independent individuals and SMMEs to re-sell postal services.&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">The launch of DigiPost is part and parcel of yet another innovative solution by BotswanaPost,&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">a postal super application</span>&nbsp;dubbed Posa&rsquo;it. Posa&rsquo;it is an all-in-one application that offers users a unified interface for easy access to a variety of services offered by the Post Office. The comprehensive fintech mobile innovation integrates all existing postal Apps in one place. It unifies PosoMoney, DigiPost, and PosoApp products and services into a single platform for improved control, cost management, and business growth focus.&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">This is a move to position&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">BotswanaPost as a leader in innovation and fintech, offering customers unprecedented convenience and accessibility</span>. It represents a significant leap forward for the Post and its diverse clientele by providing a comprehensive application for offering postal and diversified services. This state-of-the-art solution is poised to transform the way as an innovative expandable financial tool with enhanced overall user experience. Posa&rsquo;it is free for download on the Play Store for Android users and Apple store for iPhone users.</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Through&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">a strategic partnership with&nbsp;</span><a style="box-sizing: border-box; background-color: transparent; transition: all 0.3s ease-in-out 0s; color: #1ca6ea; text-decoration-line: none;" href="https://www.softwaregroup.com/home"><span style="box-sizing: border-box; font-weight: bolder;">Software Group</span></a>&nbsp;since 2017, BotswanaPost has leveraged cutting-edge technology to redefine its service provision to the nation. The two organizations further solidified their partnership in 2023 when developing PosoMoney and DigiPost. DigiPost empowers entrepreneurs of any kind from licensed hawkers to retail merchants to be postal agents offering a comprehensive suite of diverse services such as PosoMoney (Cash in/out), Post Box Renewals, Insurance Premium Payments - Motshidisi, Airtime and Electricity purchases, Mobile Money transfers, DSTV subscriptions and Virtual Post Box.&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">With a commitment to&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">fostering financial and digital inclusion</span>, BotswanaPost aims to reach over 500,000 individuals particularly youth and women within three years with its&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">PosoMoney and DigiPost offerings</span>. Further, the envisioned&nbsp;<span style="box-sizing: border-box; font-weight: bolder;"><a style="box-sizing: border-box; background-color: transparent; transition: all 0.3s ease-in-out 0s; color: #1ca6ea; text-decoration-line: none;" href="https://www.softwaregroup.com/solutions/agency-banking" target="_blank" rel="noopener noreferrer">Agency Banking</a></span>&nbsp;service will take advantage of BotswanaPost&rsquo;s extensive network of over 136 post offices and kiosks, equipped with over 400 biometric Point of Sale (POS) terminals, ensuring swift and secure transactions at the last mile. The Post Officer branch network currently facilitates payments for more than 100,000&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">Social Service Grant Disbursements</span>&nbsp;on a monthly basis.</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Anticipating significant growth, BotswanaPost also forecasts over 194,000 new wallet subscribers by year five for its mobile money solution - PosoMoney, with an impressive 4 million monthly wallet transactions.</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">This ambitious projection underscores not only the PosoMoney but also the DigiPost potential to revolutionize the nation's financial landscape and drive sustainable economic development to the underserved and unbanked communities throughout Botswana.</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Commenting on the platform,&nbsp;<span style="box-sizing: border-box; font-weight: bolder;">BotswanaPost Chief Corporate Affairs &amp; Sustainability Officer, Tebogo Lebotse Sebego said</span>, "DigiPost is a phenomenal income generation solution for the family unit and entrepreneurs in general. It represents a milestone in Botswana's digital transformation journey. With our innovative approach and strategic partnerships, we are committed to driving progress and prosperity along with social and financial inclusion. Even more so that DigiPost is an integral part of our game changer &ndash; Posa&rsquo;it which provides exceptional experience beyond postal services."</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;"><span style="box-sizing: border-box; font-weight: bolder;">Software Group CEO, Kalin Radev noted</span>, &ldquo;BotswanaPost stands out as one of Africa's leading examples of innovation and sustainability within the postal sector. We are proud to partner with them in expanding service portfolios, diversifying revenue streams, and establishing their fundamental role in digital financial services for the people of Botswana."</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Plans are underway to introduce a USSD feature, enabling customers with feature phones to access DigiPost, further empowering underserved communities throughout the country.</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;"><span style="box-sizing: border-box; background-color: transparent; color: inherit; font-family: inherit; font-size: inherit; text-align: inherit; text-transform: inherit; word-spacing: normal; caret-color: auto; white-space: inherit;"><span style="box-sizing: border-box; font-weight: bolder;">About BotswanaPost:</span></span></p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Botswana Postal Services Limited (BotswanaPost) is one of the oldest public services in Botswana, established in 1875 by the London Missionary Society. BotswanaPost is mandated to provide, develop, operate and manage postal services in an efficient and cost-effective manner. BotswanaPost currently has an expansive network of over 140 post offices and kiosks, which are conveniently located in most parts of Botswana, thus offering a secure business environment to provide services on behalf of businesses and Government to communities. It is a parastatal under the Ministry of Communication Knowledge and Technology of the Government of Botswana.&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">As the designated local postal operator, BotswanaPost, through the Botswana Communications Regulatory Authority (BOCRA) was awarded the Public Operator Licence alongside the Commercial Postal Operator Licence on August 23rd 2016. Subsequently and pursuant to a Government Directive, Botswana Couriers and Logistics (BC&amp;L) has been amalgamated into Botswana Postal Services Limited.&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">BotswanaPost remains a key institution in Botswana and provides not just letter mail, but a host of other services and products.</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Mission &ndash; To provide affordable convenience through high quality, profitable postal services and diversified products and services.&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Vision &ndash; We innovate and execute for Sustainable Growth.</p> <p>&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;"><span style="box-sizing: border-box; font-weight: bolder;">About Software Group:</span></p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Software Group is a global technology company specialized in digitalization and integration solutions for financial service providers. It currently serves a worldwide client base in more than 75 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines, and the USA. Among the customers of Software Group are organizations like Bill and Melinda Gates Foundation, Mastercard and Mastercard Foundation, International Finance Corporation (IFC), Asia Development Bank, Asia Confederation of Credit Unions (ACCU), Standard Bank, Access Bank, Bank South Pacific, Commercial International Bank Egypt, Bank de Caire, Dosh New Zealand, Allianz Bank, Eurobank, Generali, Fidelity Bank Ghana, Kenya Commercial Bank and more than 200 financial service providers from across the globe.</p> <p>&nbsp;</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">For media inquiries, please contact:</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">marketing@softwaregroup.com</p> <p dir="ltr" style="box-sizing: border-box; margin: 0px 0px 1em; letter-spacing: 0.04em; color: #4d4d4f; font-family: Ubuntu, sans-serif; font-size: medium;">Learn more at&nbsp;<a style="box-sizing: border-box; background-color: transparent; transition: all 0.3s ease-in-out 0s; color: #1ca6ea; text-decoration-line: none;" href="https://www.softwaregroup.com/home">www.softwaregroup.com</a>&nbsp;</p>
BNCTL & Software Group Launch Innovative Agent Banking Solution
<div style="color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small;"> <div>The National Commercial Bank of Timor-Leste (BNCTL), in partnership with Software Group, a global leader in financial technology, announced the launch of their new agent banking service. This initiative marks a significant milestone in BNCTL's digital transformation journey, aimed at enhancing accessibility to banking services in remote areas of Timor-Leste.<br /><br />The agent banking solution, powered by Software Group's agency platform, has been developed to meet the needs of customers facing challenges accessing traditional bank branches. Through a network of local agents, BNCTL now offers essential services such as deposits, withdrawals, and fund transfers directly in local communities, promoting financial inclusion and increasing convenience for its customers.<br /><br />&ldquo;We are excited to introduce agent banking as part of our commitment to financial inclusion in Timor-Leste," stated Ant&oacute;nio Vitor, Chairman of BNCTL. "This initiative reinforces our dedication to leveraging technology to bring banking services closer to our customers, especially in remote areas where access to traditional branches is limited."<br /><br />The strategic collaboration between BNCTL and Software Group has also resulted in successful implementation of other digital solutions including an upgraded payment system, card management platforms, internet banking and mobile banking.<br /><br />"We are proud to support BNCTL in their digital transformation journey and applaud their vision for expanding access to financial services across Timor Leste," said Kalin Radev, CEO of Software Group. "Our agency banking platform is designed to empower banks to extend their reach to underserved communities, and we are excited to see the positive impact it will have on BNCTL's customers."<br /><br /><strong>About BNCTL</strong><br /><br />Established in 2011, is wholly owned by the State of Timor-Leste, holding 73% of bank's clients market share. With the goal to be the leading commercial bank of Timor-Leste and for Timorese people worldwide, BNCTL now has 27 agencies located in 13 municipalities of Timor-Leste &amp; 6 Agent Banking in 3 Municipalities 64 ATMs, more than 211 POS and 13 mobile banking vans enabling BNCTL to bring banking services to people living in mostly rural and remote areas. BNCTL has been continuously progressing towards a fully operating commercial bank as a full-fledged financial institution by catering its services to all categories of customers, including small businesses, individuals, and microfinance customers. It has embarked on its ambitious digital transformation agenda and is fully committed to consistently improve and grow itself, turning the bank into a bank of choice for all, by providing affordable, convenient banking services.<br /><br /><strong>About Software Group</strong><br /><br />Software Group is a global technology company specialized in digitalization and integration solutions for financial service providers. It currently serves a worldwide client base in more than 70 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines, and the USA. Among the customers of Software Group are organizations like Bill and Melinda Gates Foundation, Mastercard and Mastercard Foundation, International Finance Corporation (IFC), Asia Development Bank, Asia Confederation of Credit Unions (ACCU), Standard Bank, Access Bank, Bank South Pacific, Commercial International Bank Egypt, Bank de Caire, Dosh New Zealand, Allianz Bank, Eurobank, Generali, Fidelity Bank Ghana, Kenya Commercial Bank and more than 200 financial service providers from across the globe.</div> </div>
Profile Software launches the new AI solution AI.Adaptive
<p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;"><span style="box-sizing: border-box; outline: none !important; font-weight: 800;"><em style="box-sizing: border-box; outline: none !important;">Profile Software launches its new &ldquo;AI.Adaptive&rdquo; solution, which simplifies user interaction into natural language with databases and applications, enhancing operational efficiency by integrating Generative AI and Large Language Models (LLMs) artificial intelligence technologies.</em></span></p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;"><a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/">Profile</a>, a leading international financial solutions provider, announces the launch of its pioneering&nbsp;<span style="box-sizing: border-box; outline: none !important; font-weight: 800;">AI.Adaptive</span>&nbsp;solution and incorporates the cutting-edge technology introduced by Artificial Intelligence, revolutionising the digital landscape. &nbsp;The solution, enhanced by the capabilities of&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://openai.com/" target="_blank" rel="noopener">OpenAI</a>, adopts an LLM-agnostic strategy, enabling the direct and flexible interaction with Profile&rsquo;s&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/products/axia-suite/" target="_blank" rel="noopener">Axia Suite</a>,&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/products/finuevo-suite/" target="_blank" rel="noopener">Finuevo Suite</a>,&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/products/acumenplus/" target="_blank" rel="noopener">Acumen.plus</a>,&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://centevo.se/solutions/" target="_blank" rel="noopener">Centevo Suite</a>,&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/products/riskavert/" target="_blank" rel="noopener">RiskAvert</a>&nbsp;and&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/products/registar/" target="_blank" rel="noopener">RegiStar</a>&nbsp;platforms.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">AI.Adaptive has been designed to enable users to pose ad hoc queries to application databases, in natural language, both written and spoken. This is accomplished through the development of advanced natural language processing (NLP) and machine learning (ML) algorithms, leveraging the adaptability of the LLM-agnostic platform to enhance its capabilities.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">The solution provides users with the capability to rapidly obtain personalised, reliable information without using predefined reports, in order to make fast decisions, maximising efficiency across the operations of their organisation.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">AI.Adaptive integrates seamlessly into Profile&rsquo;s Fintech platforms, but has the capability to operate autonomously, with various Business Intelligence and Data Warehousing (BI/DW) subsystems of another origin. With an innovative approach, the solution is independent of the specific LLM language model used, offering an LLM-agnostic platform that guarantees flexibility and compatibility with various AI engines.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">Mr. Evangelos Angelides, Chief Executive Officer at Profile says that &ldquo;We have been committed to continuously enhance the user experience by leveraging cutting-edge technologies. In this context, we are making significant investments, enriching our portfolio with AI.Adaptive, which marks a significant advancement in user-centric design, accessibility, as well as flexible and personalised information, aiming in immediate decision-making and overall productivity enhancements.&rdquo;</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">He also stated that &ldquo;Today, AI.Adaptive is fully functional with the Axia Suite platform and we are moving forward quickly with the rest of the company&rsquo;s platforms, whilst more functionalities of this technology will soon be announced in areas such as data analysis, consulting, etc.&rdquo;</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">Profile remains committed to its vision of providing innovative solutions based on cutting-edge technology that enable financial institutions to navigate complex financial ecosystems with confidence and agility.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">&nbsp;</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;"><span style="box-sizing: border-box; outline: none !important; font-weight: 800;">About Profile</span></p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">Founded in 1990,&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/">Profile</a>&nbsp;is a specialised software solutions provider with offices in key financial centres and a presence in 48 countries across Europe, the Middle East, Asia, Americas and Africa, delivering market-proven solutions to the Investment Management and Banking industries. Profile is recognised as an established and trusted partner by international industry specific advisory firms. Profile&rsquo;s solutions enable organisations to align their business and IT strategies, whilst providing the necessary business agility to proactively respond to the ever-changing market conditions.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">Follow Profile on&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.linkedin.com/company/profile-software" target="_blank" rel="noopener">LinkedIn</a>.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">Stay up-to-date by visiting the&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/news-events/" target="_blank" rel="noopener">News &amp; Events</a>&nbsp;page and learn more about trending topics on the&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="https://www.profilesw.com/insights/" target="_blank" rel="noopener">Profile Insights</a>&nbsp;page.</p> <p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 26px; font-size: 17px; line-height: 27px; color: #081e46; letter-spacing: 0.34px; font-weight: 300; font-family: sofia-pro, sans-serif; outline: none !important;">For more information, please contact: Profile &ndash; Marketing Dept: E:&nbsp;<a style="box-sizing: border-box; outline: none; color: #4b83ff; text-decoration-line: none; box-shadow: none; font-weight: 600;" href="mailto:marketing@profilesw.com">marketing@profilesw.com</a></p>
HTC Global Services and Azentio Software partner to provide digital BFSI solutions
<p><span style="color: #222222; font-family: Verdana, BlinkMacSystemFont, -apple-system, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif; font-size: 15px;">HTC Global Services, a US-based information technology and business process outsourcing services company, is proud to announce its&nbsp;strategic alliance with&nbsp;Azentio Software, a leading software products company headquartered in&nbsp;Singapore, to provide cutting-edge digital BFSI solutions.</span></p>
7 MOST POPULAR BACKEND FRAMEWORKS FOR WEB DEVELOPMENT SERVICES IN 2023
<p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">Businesses have faced many challenges and have undergone numerous changes over the past couple of years, and this will not slow down in 2023.&nbsp;Organizations need to deal with alternatives to the aftereffects of the global pandemic.&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><br style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;" /><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">Research conducted by McKinsey &amp; Company has displayed the world will witness a once-in-a-lifetime wave of capital spending on physical assets between now and 2027.&nbsp;Around $130 trillion will drive into projects to decarbonize and then reintroduce all sort of critical infrastructure.&nbsp;During such a period, you would wonder what is the most significant aspect of your business that allows staying ahead of the competition.&nbsp;&nbsp;Most would consider and look into accelerated digital transformation, inflation and supply chain security.&nbsp;&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">&nbsp;</p> <h2 style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; line-height: 45px; font-size: 35px; font-family: poppins, sans-serif; color: #30303c; background-color: #f9fafb;">Professional Web Development Service for Better Sustainability&nbsp;</h2> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">One might also think about sustainability, immersive customer experience and other areas. What, according to you, is the essential recipe for a business to sustain and stay ahead in the long run?&nbsp;</p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">Without a doubt, an SMB or enterprise needs a successful web application development to drive success through business. To do it professionally, you need back-end-development managed by a good website development company.&nbsp;&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">It manages the overall business logic while ensuring that front-end-development work is integrated correctly.&nbsp;</span><a style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; color: #1b6fc9; text-decoration-line: none; background-color: transparent; transition: all 0.8s cubic-bezier(0.16, 0.84, 0.442, 0.98) 0s;" href="https://sentientgeeks.com/hire/backend-developers" target="_blank" rel="noopener">Back-end web frameworks</a><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">&nbsp;are some of the most crucial programming resources for custom web developers.&nbsp;&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">In addition to what backend web framework is and how it&rsquo;s essential to the programming process, the article will also talk about a few trending backend web frameworks.</span></p> <h3 style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-weight: 400; line-height: 40px; font-size: 26px; font-family: poppins, sans-serif; color: #30303c; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">What Is Backend Framework?</span>&nbsp;</h3> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">Java, PHP, and Ruby on Rails are a few innovative frameworks. Do they ring in your ears? Your answer would be yes, and if so, the concept of backend technologies is familiar to you.&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">They are the pillars of the web app and the website. Let us now look at the answer to the question we have asked.</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">&nbsp;</p> <ul style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px 0px 0px 25px; margin: 0px; outline: none; vertical-align: baseline; list-style: none; color: #696969; font-family: roboto, sans-serif; font-size: 16px; background-color: #f9fafb;"> <li style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; line-height: 24px; list-style: disc;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">The backend framework is a proper ecosystem that allows speeding up and automating the steps required during the web development process.&nbsp;</span></li> <li style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; line-height: 24px; list-style: disc;">It is a collective of models and tools that assist a website development agency or a developer in creating a framework for a web application or mobile app development.&nbsp;</li> <li style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; line-height: 24px; list-style: disc;">The job of a developer becomes seamless with the backend web framework.&nbsp;&nbsp;</li> <li style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; line-height: 24px; list-style: disc;">No longer will the developer have to write lengthy codes in a different programing language. The application can be built using a pre-existing structure, modules and tools&nbsp;</li> </ul> <h3 style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-weight: 400; line-height: 40px; font-size: 26px; font-family: poppins, sans-serif; color: #30303c; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Types Of Backend Framework for Custom Web Development:&nbsp;</span></h3> <div style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; color: #696969; font-family: roboto, sans-serif; font-size: 16px; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">&nbsp;</span></div> <div style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; color: #696969; font-family: roboto, sans-serif; font-size: 16px; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Client-Side Web Framework:</span><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">&nbsp;This framework covers the user interface. The user experience and the ease with which they use the applications are considered part of the client side.&nbsp;&nbsp;</span></div> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Server-Side- Web, Framework:</span>&nbsp;This framework is used for the backend functionalities like database manipulations, data and web server management.&nbsp;</p> <h3 style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-weight: 400; line-height: 40px; font-size: 26px; font-family: poppins, sans-serif; color: #30303c; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Let us now have a look at a few most popular backend frameworks that will rule in 2023:</span>&nbsp;</h3> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">ASP.NET Core:</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">It is an open-source, cross-platform framework for creating applications using. NET. It is a lightweight framework implementation of the Microsoft server stack.&nbsp;</p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">With it, some of the best website development companies have built and ran the application on various platforms and ambience.&nbsp;&nbsp;</span><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">It requires minimal coding and the performance improvement is noteworthy, making it robust.&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Django:&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">It is an open-source framework in Python, allowing the model, view, controller (MVC) and architectural pattern. The goal is to build a database-driven complex website. If the priority is to have an optimal-performing website, Django is an optimistic option.&nbsp;</p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Laravel:&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">It offers many security features and uses algorithms to create a strong password for better security measures. This open source is designed in a specific manner for symphony-based web applications.&nbsp;&nbsp;</p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">If you are willing to pay attention to backend development, it is time to think about Laravel, as it will take you the extra mile.&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Ruby On Rails:</span>&nbsp;</p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">It is famous for its full-stack capabilities as it is easy to use. The framework focuses on building web applications in a more straightforward tone than before.&nbsp;<span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">The framework offers infrastructure while you can focus on what matters- the application code.&nbsp;</span><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">It is a popular backend framework amongst the&nbsp;</span><a style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; color: #1b6fc9; text-decoration-line: none; background-color: transparent; transition: all 0.8s cubic-bezier(0.16, 0.84, 0.442, 0.98) 0s;" href="https://sentientgeeks.com/services/web-development" target="_blank" rel="noopener">leading web development companies</a><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">&nbsp;even though it&rsquo;s not a widely used programing language.&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">Real-time updates and data synchronization are done quickly. It also allows total control over the projects allowing them to determine how the application database needs to function.&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Express.js:</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">It is one of the easiest programming languages, and developers of Node.js can always create both frontend and backend web applications using backend JavaScript framework runtime ambience.&nbsp;</p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">It offers optimal performance and offers full-stack JS features. Using it will save a lot of time.&nbsp;&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">CakePHP:&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">&nbsp;CakePHP makes web development easy by offering a scaffold that can be used as a kickstart while building a robust web application.&nbsp;<span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">You can use the scaffold as a starting point for building web applications. It helps the MVC architecture and is available under an MIT license.&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Flask :&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;">It is a WSGI framework. It runs the web server rather than the user browser. It helps them curate customized projects that run at a smooth pace.&nbsp;<span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">It offers assistance for the feature adding extensions that make them appear as though they were built directly into Flask.&nbsp;&nbsp;</span></p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline; font-weight: bolder;">Conclusion:</span>&nbsp;Most of the framework offers exceptional functionality and capabilities to develop your project as they are designed in a well-known programing language.&nbsp;&nbsp;</p> <p style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 15px 0px 0px; outline: none; vertical-align: baseline; font-size: 16px; line-height: 24px; color: #747078; font-family: roboto, sans-serif; background-color: #f9fafb;"><span style="box-sizing: border-box; -webkit-font-smoothing: antialiased; padding: 0px; margin: 0px; outline: none; vertical-align: baseline;">The specific need for your project will determine the server an ambiance and it is up to you to decide which framework to adopt.&nbsp;</span></p>

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