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Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition. Besides, these licenses aren’t easy to obtain since they have strict compliance requirements. from 2024 to 2030. billion in 2023 and is expected to grow at a CAGR of 32.8%
Software-as-a-service (SaaS) is one of the transformative services in the modern digital landscape. The SaaS development market evolves rapidly and, according to Fortune Business Insights, by 2030, will reach 908 billion dollars. Also, Clockwise was named among the best Upwork agencies for four years in a row, from 2017 to 2020.
Built-in compliance Industries like healthcare, finance, and legal have strict regulations. 2⃣ Finance: Keeping Up with Regulations : The finance world moves fast , and compliance rules change constantly. Example: A Vertical SaaS for banking automatically updates compliance forms based on new regulations.
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