{"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='The Pulse of FinTech in the First Half of 2021: A New KPMG Report'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-pulse-of-fintech-in-the-first-half-of-2021-a-new-kpmg-report\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/09\/40c80282-2a70-317b-4204-f5daf3c334391-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16247\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16247'>\n\t\t\t\tThe Pulse of FinTech in the First Half of 2021: A New KPMG Report\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='How financial institutions are supporting SMEs in the CIS and the Caucasus with non-financial services'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-financial-institutions-are-supporting-smes-in-the-cis-and-the-caucasus-with-non-financial-services\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/06\/b73920ff-8084-400c-8eb2-fef665f4eeec1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15030\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15030'>\n\t\t\t\tHow financial institutions are supporting SMEs in the CIS and the Caucasus with non-financial services\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='How MyBucks is increasing financial inclusion among Africa\u2019s unbanked'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-mybucks-is-increasing-financial-inclusion-among-africa-s-unbanked\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/09\/how-mybucks-is-increasing-financial-inclusion-among-africa-s-unbanked-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-10834\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10834'>\n\t\t\t\tHow MyBucks is increasing financial inclusion among Africa\u2019s unbanked\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],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12683"}],"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}]}}