fintech

Tech Optimizer
February 22, 2025
Mindbody utilizes a cloud-based platform for the fitness and wellness industry, offering services such as client booking, scheduling, payments, marketing, and analytics. Their email marketing platform is built on an Aurora PostgreSQL cluster, currently at version 13.8, with a size of approximately 17 TB and a workload distribution of 80% reads and 20% writes. Mindbody faced scaling and performance challenges due to architectural limitations and increasing data demands, leading to all workloads being directed to the writer node. The average BufferCacheHitRatio was below 80%, indicating frequent disk access rather than cache hits, contributing to higher query latencies and I/O costs. To address these issues, Mindbody adopted Aurora Optimized Reads, which enhances caching capacity and improves latency and throughput for I/O-intensive workloads. Transitioning required upgrading the database cluster to version 14.9 or higher, and extensive testing was conducted in a proof-of-concept environment. The upgrade process involved a blue/green deployment strategy to minimize production disruption. After implementing Aurora Optimized Reads, Mindbody experienced significant performance improvements, including a 50% reduction in average daily CPU utilization and a 90% reduction in ReadIOPS. The AuroraOptimizedReadsCacheHitRatio indicated that 85% of read requests were served from the optimized cache. Cost analysis revealed a 23% reduction in monthly Aurora costs post-transition, with potential for further savings by downsizing instances.
AppWizard
October 3, 2024
Google unveiled advancements at the Google for India keynote, focusing on user experience and security. The Gemini Live AI assistant now understands nine Indian languages. Google Pay is expanding to include lending and credit options, while Android is piloting enhanced fraud protection to safeguard users from scams. Android holds a global market share of 71.65%, reaching 95.73% in India. The new fraud protection feature pauses the installation of unverifiable apps for user scanning. This builds on last year's real-time scanning for installed apps and aims to combat risks from side-loading apps. Google is enhancing services across Gemini, Search, and Maps with AI, including support for nine Indian languages and generative AI results. Google Pay is partnering with NBFCs to introduce credit and lending options, particularly gold-backed loans. Google.org is promoting education and AI literacy in India with grants and developing an AI-powered coaching app. Google plans to establish a Google Safety Engineering Center in India next year to focus on security and online safety products.
AppWizard
September 19, 2024
The NAGA Group AG has launched the first fully integrated trading app within the Telegram ecosystem, which aims to enhance retail investors' interaction with financial markets. The “NAGA Everything Trading” app allows for seamless onboarding, customer KYC, and deposit capabilities directly within Telegram. Users registering through the app will have immediate access to both mobile and web versions of the NAGA platform. NAGA plans to provide monthly updates, including a feature for Social Trading with AutoCopy, enabling users to replicate top investors' trades in real time. NAGA operates in over 100 countries, offering a range of services for fiat and cryptocurrencies, including a physical VISA card for automatic crypto conversion and cashback.
AppWizard
September 19, 2024
The NAGA Group AG has launched the “NAGA Everything Trading” app within the Telegram ecosystem, aiming to revolutionize retail investor interactions with financial markets. By leveraging Telegram's user base of 950 million, NAGA seeks to expand its audience and enhance user growth and revenue. The app offers a comprehensive trading experience with streamlined onboarding, efficient customer KYC, and direct deposit capabilities. Users registering through Telegram will have access to both mobile and web versions of the NAGA platform. CEO Octavian Patrascu highlighted the strategic significance of this launch in democratizing access to financial markets and creating business growth potential. NAGA operates in over 100 countries, providing a platform that integrates social trading, stock and cryptocurrency investing, and neo banking services.
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