Posted by signa11 7 hours ago
I would recommend anyone starting in fintech to take some time to understand accounting principles and the ledger in a bit more depth than just debits vs credits - this is likely what is most unfamiliar to programmers.
Also financial software is very data-heavy and I learned more about databases in my time working in fintech than the 15 years before that. I think going into a bit more detail about even the basics (indexes) will save a lot of headaches.
Any good resources you would recommend to learn more about this?
Its at least 80% organic artisanal writing and maybe 20% AI when I needed help with grammar, completeness, broader perspective and everything around.
They mostly need replacing with a full stop or a colon.
E.g.
"In practice this means storing the amount as an integer in its smallest unit - €12.34 becomes 1234"
->
"In practice, this means storing the amount as an integer in its smallest unit: €12.34 becomes 1234."
or
"In practice, this means storing the amount as an integer in its smallest unit (e.g., €12.34 becomes 1234)"
I just published Fintech Engineering Handbook distilled from 6 years of tears, sweat and swears.
It’s a free ~25-page resource with various hints and patterns around handling money.
Tell me what you think!
[0]: https://mas.to/@krever/116814803588993437
[1]: https://github.com/Krever/fintech-engineering-handbook/commi...
I see webhooks documented all the time, but I have yet to use them in practice, nor have my customers requested them. Is the above not true, or are they widely used in some sectors and not others?