By September 2019, all companies within the EU will have to comply with the PSD2 Regulatory Technical Standard (RTS). PSD2 was designed to facilitate the growth of product innovations in ​​payment and financial services provided by non-banking services. The directive will enable payments to be carried out not only by banks but also by other financial institutions and fintechs. These new regulations are set out to deepen the existing market of payment services while maintaining the interest of consumers.

One of the most common mistakes made by both first-time and experienced entrepreneurs is overbuilding their first product release. The reason behind it is often the fear of underbuilding and releasing a product that fails to capture the attention of users. Another reason why so many founders overbuild their products is that subconsciously, they might simply be afraid to release it and do everything they can to push its date.

If you looked at the global tech scene 20 years ago, you wouldn’t see Poland standing out for any technological achievements. Today, the country serves as one of the top software development outsourcing destinations for companies in Europe and the US.