Bangor Savings Bank is building employee skills in AI and data fluency, creating a workforce ready for the AI era and countering fears of job displacement.
The bank is using social learning, and role-based training to upskill its employees, as well as build a better foundation for its future initiatives.
Reports of sudden deaths among young people, including One Direction's Liam Payne, have raised alarms. A recent case in the financial sector linked to brutal work hours has particularly gained attention and unsettled the industry.
Banks are keen to attract top talent through job fairs and internships, yet may miss out on addressing what employees value beyond salary.
How can FIs simplify the financial challenges for SMBs, freeing them to focus on growth without getting bogged down by banking tasks?
Scott Beyer, Head of Business Banking Digital Experiences at U.S. Bank, outlines key strategies, with technology as a foundational element, that FIs can implement to address these issues.
The emphasis on partnerships often focuses on best practices, but the potential pitfalls and how to handle them practically are sometimes left out of the conversation.
We look at where partnerships between established FIs and startups often hit roadblocks, and how startup partnership heads can navigate these and lock in key alliances. We also explore the role of consultants in this equation.