Fintech talent recruitment recently has been cut-throat, particularly in Asia, where, according to consultancy McKinsey, some 97% of the population relies on digital channels when interacting with their banks.
Banks and fintechs are now taking steps to avoid brain drain and to nurture new talent. As part of DBS’s ambitions in Singapore to become a progressive tech leader and recruit and nurture multidisciplinary talent, this month the bank launched a Fintech Apprenticeship Programme to prepare polytechnic students for technology roles.