Technology is evolving. This is especially true where the financial (fin) sector meets tech. But the ever-evolving landscape offers endless opportunities in science, technology, engineering, and math (STEM)- focused careers.
Recently, Franklin Templeton examined how demographics and technological advances were changing financial services.
The study “Automation for the People: FinTech in the Real World” showed how advancements in digital experiences, artificial intelligence (AI), and ledger technology are enabling companies to meet consumers’ demands for service and support with fintech services.
The report defined fintech as a word derived from “financial technology”—which began life as a term referring to the technology employed at the back-end systems of financial institutions.
More recently, the report said, its meaning has expanded to include any technological innovation in—and automation of—the financial sector.
The report estimated that investment in fintech reached $55 billion worldwide in 2018. The authors expect that trend to continue as demographic and technological trends converge in financial services and technology.
During the 2019 Women of Color (WOC) Conference, a popular seminar discussed strategies for getting more female talent into the executive pipeline and increasing the number of students in the financial field.
WOC fintech career workshops focus on how tech is transforming the financial landscape and examine practical steps that can be taken to keep moving women forward in the industry.
They also look at how sustaining a diverse leadership culture is critical to the success of the financial sector.
At the oldest financial institutions, women are leading diversity and inclusion initiatives. Many employers on the list offer investment banking, loans, credit card services, mortgages, asset management, and insurance to millions of Americans.
In the biggest banks in the world, diversity analytics are helping to increase minority representation and developing leaders that look like America.
One of the women on the list Monica Maher. She is Senior Engineer/Vice President, Cyber Threat Intelligence at Goldman Sachs. On LinkedIn, she has more than 1,246 followers.
