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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Banks will leveraging the built-in camera, geolocation and identity features of phones and tablets in new and profitable ways.
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Banks' security investments are rising dramatically as breaches grow more frequent and damaging.
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Banks are purging paper to speed up processing like their business depends on it. The payoffs from these workflow improvements include faster processing, stronger loyalty, lower costs and higher revenue.
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The bank's partnership with a hot payments startup comes as regulators nudge the industry to speed transactions and as some who initially resisted such calls start to embrace quicker settlement.
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While banks almost universally offer mobile services, such as smartphone apps or mobile-friendly websites, their customers have been slow to use them, according to an American Banker/SourceMedia Research white paper.
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Because of the conflicting messages from providers of mobile payments, consumers are not yet sold on the possibility that they can use apps to replace their plastic cards.
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Total System Services is close to beginning tests of new products and merchant services, and is already seeing a benefit from last week's launch of Apple Pay. But in prepaid, a significant business for the processor, TSYS is still awaiting new rules from the government.
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