To compete with fintechs, banks need talent

Increasingly, people are managing their money online as banks digitalize their services. In fact, new banks are launching without physical locations at all, such as Chime in the U.S. and Revolut in the U.K. More of these so-called fintech companies are emerging as well. Global financing for the fintech industry more than doubled to a record $39.6 billion in 2018 on the year.

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