Financial Brands mentions CFTE Job Report on “How to Survive Banking’s Biggest Threat: Staffing”

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Financial Brands mentions CFTE Job Report on “How to Survive Banking’s Biggest Threat: Staffing”
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The Financial Brand is a digital publication focused on marketing and strategy issues affecting retail banks and credit unions. It is the singular resource for C-level banking executives looking for the latest ideas, insights and information about how financial institutions build their brands.

Late last year CFTE canvassed the worldwide financial technology employment field and found 40,000 job openings at the largest fintech companies. Of these, 50% to 65% were purely technical, while 10% to 30% were nontechnical or financial industry specific. “On average, 80% of the jobs in fintech companies would be similar to jobs of tech companies, which is the reason why we came up with the conclusion `tech is eating finance,’” the report concludes. (The phrase is part of the title of the report.)

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