“Banking, one of Delaware’s most historic and long-standing industries, has evolved into financial technology—or fintech—creating significant local demand for tech employees. However, a recent report focused on the state’s fintech sector stated that ‘…a national shortage of tech talent means that Delaware financial services firms are competing for top talent with firms in tech and non-tech industries across the country. Continuing to build a robust pipeline of tech talent at institutions within Delaware and the broader region will be critical in meeting local employer demand.’

The same report—released in 2019 by Delaware Prosperity Partnership, First State Fintech Lab, and the University of Delaware’s Biden School of Public Policy & Administration—found that in 2018, ‘tech occupations accounted for 19 percent of the job openings [at] twenty financial services firms… At Capital One, tech jobs accounted for 43 percent of the job postings, while at TD the figure was 29 percent, and 26 percent at JP Morgan Chase.'”