{"id":12683,"date":"2019-04-24T18:46:13","date_gmt":"2019-04-24T18:46:13","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=12683"},"modified":"2019-04-24T18:46:13","modified_gmt":"2019-04-24T18:46:13","slug":"fintechs-vs-traditional-financial-institutions-the-talent-war","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/fintechs-vs-traditional-financial-institutions-the-talent-war\/","title":{"rendered":"FinTechs vs. traditional financial institutions: the talent war"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In recent years, traditional financial institutions have been on the losing end of a trend that has seen talent move towards FinTechs. This has largely been driven by a \u201crobots will eventually replace staff anyway\u201d apathy on the part of traditional financial institutions and FinTechs offering attractive work environments, especially as compared to traditional financial institutions. But traditional financial institutions are starting to understand the error of their ways and fight back by poaching talent back. Whether or not they will ultimately be successful in this remains unclear. At the same time, it is important that this so-called \u201ctalent war\u201d between traditional financial institutions and FinTechs is somewhat of a misnomer as every industry has competition in attracting and retaining the best talent.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-12683 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Video: investments in challenger banks pushing global WealthTech funding'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-investments-in-challenger-banks-pushing-global-wealthtech-funding\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/09\/Video-investments-in-challenger-banks-pushing-global-WealthTech-funding-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-13594\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13594'>\n\t\t\t\tVideo: investments in challenger banks pushing global WealthTech funding\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Why the sharing economy is bad for the GDP'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/why-the-sharing-economy-is-bad-for-the-gdp\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/08\/planning-risk-and-strategy-in-business-businessman-gambling-placing-wooden-block-on-a-tower_1423-19-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-10560\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10560'>\n\t\t\t\tWhy the sharing economy is bad for the GDP\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Despite new technology, customers still open accounts at branches'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/despite-new-technology-customers-still-open-accounts-at-branches\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/challenge-idea-game-wooden-one-corporate_1418-521-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-10268\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10268'>\n\t\t\t\tDespite new technology, customers still open accounts at branches\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In recent years, traditional financial institutions have been on the losing end of a trend that has seen talent move towards FinTechs. This has largely been driven by a \u201crobots will eventually replace staff anyway\u201d apathy on the part of traditional financial institutions and FinTechs offering attractive work environments, especially as compared to traditional financial &hellip;<\/p>\n","protected":false},"author":5,"featured_media":12688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[193,335],"class_list":["post-12683","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","tag-hr","tag-startups","b_post_type-bfc-recommends"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=12683"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12683\/revisions"}],"predecessor-version":[{"id":12684,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12683\/revisions\/12684"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/12688"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=12683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=12683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=12683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}