The 50 companies that made American Banker's annual list share insights into what makes their workplace culture enticing for potential new hires and current staff members.
The fintech topped American Banker's annual list this year. CEO Dave Buerger attributed the company's hands-off management style as one reason that draws in and keeps workers around.
Forty companies made the 2024 edition of American Banker's annual list of enviable workplace cultures in the financial technology space. Here is a look at some of what makes these firms employers of choice.
The core banking provider was No. 1 on American Banker's ranking of the Best Places to Work in Fintech this year. The company attributes this success to encouraging employees to hash out solutions to challenges.
The company has changed the dynamics of its meetings, created diversity metrics and deployed software to make job descriptions gender-neutral.
The company, which provides workplace investing programs to banks, is giving employees a say in some decisions and working with partners to recruit women and people of color.
The Texas fintech embraces a progressive culture and has taken steps during the pandemic to maintain a spirited vibe even as employees work remotely.
Top executives from the 49 companies that earned a spot in this year's ranking of the Best Fintechs to Work For cite the need for nimble shifts in business strategy, leadership style and recruiting tactics among the lessons they took away from the challenges of the coronavirus crisis.
Small, often intangible quality-of-life perks are a big part of what makes some fintechs the best ones to work for.
The Utah fintech encourages a playful attitude by devoting the first floor of its offices to entertainment and comfort with video games, Ping- Pong, a pool table and a lounge area.
Without its funhouse office, annual trips or volunteering events, the executive found ways to engage his staff virtually.
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Following in the footsteps of Chase, Wells Fargo and others, Fidelity is launching an application programming interface to let third-party apps access customer data — as long as the customers grant permission.
November 14
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Without the constant innovation that artificial intelligence empowers, legacy companies will quickly lose their edge as competitors whisk away consumers with new offerings and customized products, writes Ajay Vij, senior vice president and head of financial services for Infosys.
November 10
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Four Democrats on the Senate Banking Committee pledged to vote against the confirmation of Joseph Otting as comptroller of the currency.
November 9
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Fintechs should learn to value risk management — and the necessary bureaucracy that comes with it, bankers said this week in defending themselves again criticism that they are a pain in the neck to work with.
November 8
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Acting Comptroller of the Currency Keith Noreika called for reopening the debate over the barrier between banking and commerce, saying there is evidence removing it could benefit small banks.
November 8
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The new vice chairman of supervision at the Fed said the agency will seek comment on its rules for stress tests, capital and other areas, as well as look at how fintech has impacted the industry.
November 7
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The companies' recently launched partnership furthers the argument that the banking and fintech industries might be better served working together rather than competing.
November 7
