People2.0 Blog

Financial technology, Fintech for short, describes the evolving intersection of financial services and technology. It can be described as an economic industry composed of companies that use technology to make financial services more efficient. It is often a difficult concept to define as the definitions are often changing, however the word “Fintech” actually made it in to the Oxford dictionary and is defined as “Computer programs and other technology used to support or enable banking and financial services”.

Figures from research firm Gartner show 86 per cent of businesses have been conducting virtual interviews during the pandemic, and 85 percent are using new technology to on-board employees.

According to a recent survey from job board CV-Library, 59% of UK workers have said that they are willing to retrain in a new line of work following the coronavirus pandemic.