Why Lean & Agile Methodologies Have Upended Fintech

Leo Koutikas, Vice President of Software Development, IPC, discusses how the development of lean and agile principles has enabled the fintech industry to dramatically increase the rate at which technology is adopted by businesses that operate within the industry.

First Published: Banking Exchange, June 30, 2021

The Waterfall methodology is familiar to anyone with an understanding of a factory assembling line; each of the eight stages of a product (conception, initiation, analysis, design, construction, testing, implementation, and maintenance) proceed sequentially. Because it’s so easily managed, Waterfall is a great process for the on-time delivery of established products, or to meet clearly defined needs.

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