Fintech and Talent Acquisition: Skills Gaps Leading to Competition in the Recruitment Industry

As financial technologies continue to reshape the economic landscape, the fintech sector is experiencing a significant acceleration. Blockchain, artificial intelligence, machine learning, and data analytics are no longer just buzzwords. They’re the driving forces behind a new digital financial era that is fundamentally changing the way businesses and consumers interact with financial services. However, the rapid and relentless evolution of the fintech sector has surfaced a significant challenge – the widening skills gap.

FIntech HR exec finding job talent

As fintech companies race to innovate and stay ahead of competition, they’re faced with an intense scramble to attract the best talent.

The Sizzling Demand for Fintech Skills

In today’s fintech landscape, demand for specialised talent far outstrips supply.…

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The Financial Industry is Rapidly Changing

Since the advent of online banking, the financial industry has undergone several important changes. Meanwhile, terms such as fintech (i.e. financial technology) has become part of the everyday journalistic jargon, pointing to rapid innovation and change.

Fintech

Besides the development of new apps and decentralized technologies, new participants have entered the industry to the benefit of the public. Here we take a look at some of the most profound and important changes taking place within the financial sector.

Blockchain equals the decentralization of banking

Banking as a profession has been around since the dawn of time, having played an integral role in human history.…

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5 Reasons That The FinTech Sector Is Booming (And Won’t Slow Down)

It’s no secret that FinTech is booming. The sector is attracting users and investors by the millions, taking over operations that were once exclusively the domain of banks. UK neighbourhoods, such as Shoreditch, Old Street and King’s Cross, have undergone dramatic overhauls as they have become hubs of the industry. Everyone wants a piece of the pie.

FinTech trends

Banks fear the rise of the FinTech sector, and with good cause. They’re quickly being replaced by the far more attractive options FinTech companies are increasingly able to provide.

But why is it that the FinTech sector is rising so seamlessly? Here are the 5 main reasons:

1.

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