The real obstacle holding fintech developers back isn’t talent. It’s the tech they’re forced to connect with
Summary
Candescent CTO Satheesh Ravala makes the case in FinTecBuzz that legacy core infrastructure — not developer talent — is the real barrier holding fintech innovation back.
"We hear a lot about a supposed fintech developer shortage," he writes. "But that obscures the real challenge — forcing fintech developers to expend huge amounts of unnecessary time and effort interacting with partner banks' archaic legacy core infrastructures."
Pre-built API portals, embedded security, and customer-permissioned data sharing, he argues, are the practical tools that can close the gap between agile fintechs and their bank partners.