Mad Devs’ #11 Newsletter. March 2023
Tags: webdev, news
Published: 2023-04-07 15:39:29

Digital Transformation in Banking, Mobile Banking Case Study with 2M Clients Featured in Here!

##[Digital transformation in banking](https://maddevs.io/blog/digital-transformation-in-banking-and-financial-services/)
In today’s rapidly evolving digital landscape, traditional financial institutions must improve their systems to keep up with customers’ demands and remain competitive. Despite the tremendous opportunities, implementing new technology for banks can take time and effort.

In the article, we discuss how the financial industry has been impacted by digital transformation and how companies can adapt to this changing landscape. We explain the key drivers of this transformation including changing customer expectations, increased competition from fintech startups, and the need for greater efficiency and cost savings.

[![Digital transformation in banking](https://miro.medium.com/v2/resize:fit:1400/format:webp/1*_gxcXr8AyEK4xwOu5aGCww.png)](https://maddevs.io/blog/digital-transformation-in-banking-and-financial-services/)

##[How to ensure transparency in hybrid teams](https://maddevs.io/blog/how-to-ensure-transparency-in-hybrid-teams/)
As businesses continue to adapt to remote work, hybrid teams have become increasingly common. This challenges team leaders who must ensure everyone is on the same page, and working towards the same goals. Asynchronous communication between the team and the stakeholders needs to be improved to understand who does what.

This article explores how to ensure transparency in hybrid teams. The author, our [CSO Oleg Puzanov](https://www.linkedin.com/in/oleg-puzanov/), provides practical tips for team leaders, such as establishing clear communication channels, setting expectations for remote workers, and utilizing collaboration tools.

Oleg emphasizes the importance of trust and communication in hybrid teams while suggesting ways to build trust and facilitate action. The article also highlights the benefits of transparency, including increased productivity, improved collaboration, and better decision-making.

[![How to ensure transparency in hybrid teams](https://miro.medium.com/v2/resize:fit:1400/format:webp/1*rxnlzxnJ_GoJ8LaWwGeEZw.png)](https://maddevs.io/blog/how-to-ensure-transparency-in-hybrid-teams/)

##[Skills matrix: definition, benefits, and examples](https://maddevs.io/blog/skills-matrix-definition-benefits-and-examples/)
Are you looking for a way to measure the skills of your workforce, identify areas for improvement, and make more informed decisions about training and development? A skill matrix is a useful tool that can help you do this.

In this article, we explore a skill matrix, its benefits for employees, managers, and organizations, and the steps for using and maintaining this tool. We share our experience and tell you why and how we decided to create our own skill matrices. To give you a complete picture, we also share our expertise in working with matrices and tools we use.

[![Skills matrix: definition, benefits, and examples](https://miro.medium.com/v2/resize:fit:1400/format:webp/1*qKRwdY381eEFoe6Yub6o7w.png)](https://maddevs.io/blog/skills-matrix-definition-benefits-and-examples/)

##[FinTech case study: Mobile banking](https://maddevs.io/case-studies/mobile-banking/)
More and more banks are striving to create their own ecosystems, so customers can get more products and services online. One of the largest banks in Kazakhstan, with 2 million clients and dozens of products, also faced this. Mad Devs, in partnership with one of the largest banks in Kazakhstan, developed a mobile banking application with advanced functionality and an excellent user experience.

>Working with Mad Devs was both extremely productive and enjoyable. They greatly helped each of our teams and became like family to us, said a representative of the bank in Kazakhstan.

Because of NDA, we cannot disclose the name of the bank, but we are happy to tell you what challenges we faced, how we approached them, and what solutions we developed.

[![FinTech case study: Mobile banking](https://miro.medium.com/v2/resize:fit:1400/format:webp/1*7vtNurJRignIVlqqPOTG-g.png)](https://maddevs.io/case-studies/mobile-banking/)

###Mad Devs’ trusted sources:
####[McKinsey: Experience-led growth: a new way to create value](https://www.mckinsey.com/capabilities/growth-marketing-and-sales/our-insights/experience-led-growth-a-new-way-to-create-value)
A strategy focused on improving the experience of existing customers can deliver breakthrough growth for incumbent companies — often more than double that of their industry peers.

####[PWC: It’s time for CEOs to rethink the open-door policy](https://www.pwc.com/gx/en/issues/c-suite-insights/the-leadership-agenda/its-time-for-ceos-to-rethink-the-open-door-policy.html)
Executives want more uninterrupted time to focus on big-picture issues. They can start by empowering other senior leaders to make more decisions autonomously.

###You might also find it useful:

[NLP applications for human resource management](https://maddevs.io/blog/nlp-applications-for-human-resource-management/)

NLP technology is deployed to overcome the issues of excessive information and lack of attention. Hence, the recruitment process has become engaging, immersive, and more effective even in the virtual format.

[Critical path method in project management](https://maddevs.io/blog/nlp-applications-for-human-resource-management/)

In this article, we explore the Critical Path Method (CPM) approach concept in detail, including its benefits, limitations, and key considerations for implementation. Read to understand how the CPM can streamline project management, reduce costs, and improve overall project outcomes.

[How to perform a cybersecurity audit: techniques & tools](https://maddevs.io/blog/how-to-perform-a-cybersecurity-audit/)

Here we look at cybersecurity audits and how they help assess an organization’s security posture. Learn about auditing techniques and tools that help significantly reduce its complexity and cost, increase its effectiveness, and even automate it.

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##Enji — TeamLead, who never sleeps
Our product helps teams effectively achieve key goals in software development. Enji provides a comprehensive project overview using all the data it collects and is always up-to-date.

Enji and all its rich functionality are free for all Mad Devs customers. If you aren’t a Mad Devs customer but you have interested in Enji, we are ready to provide you with a free trial period of 6 months.

[![Enji — TeamLead, who never sleeps](https://miro.medium.com/v2/resize:fit:1400/format:webp/1*PrfpPSCcOC1gtOvkUfxxkg.png)](https://enji.ai/)