Banks Make Changes to Acquire Tech Talent

Banks know they cannot compete dollar for dollar for top tech talent and are starting to adjust their offerings to better position themselves; “As an industry we’re doing a better job at telling our technology story — the fact that we have smart engineers solving complex problems,” Amy Brady, CIO at KeyCorp., said to American Banker; banks are using their various resources and changing how teams work to provide a better environment for talent; agile development is being implemented by KeyCorp, this allows tech teams to work in short bursts as opposed to long cycles; banks are also bringing tech talent closer to the business side, the days of tech teams being in separate buildings away from the business are gone. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.