Innovation back in Financial Services?
Startups are giving financial services a good kicking from a retention and hiring perspective. Everyone wants to be in a startup, live the dream, be involved in a cool product, and hopefully be rewarded appropriately. Wall Street and Technology has had a number of articles this year offering insight into the innovation that financial services is driving to not only re-build the sector, but also I suspect to keep staff engaged. BNY Mellon and Fidelity are the two recently called out, but a quick google will provide some insight into the money being invested into startups by the top 10 or so banks. Interesting times both within financial services and outside.