The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Bridging the Fintech Talent Gap Retail Payments Risk Forum Federal Reserve Bank of Atlanta Allen Sautter James Senn Jessica Washington RETAIL PAYMENT RISK FORUM’S MISSION Detect and Identify; Assist and encourage • Identify: What? – Risk: in existing and emerging retail payments • Help how? Contribute to mitigating payment risks by – Researching products, services, and systems – Collaborating with industry – Convening • Take On Payments blog (takeonpayments.frbatlanta.org) • Talk About Payments webinar 2 objectives • Workforce development strategies • Fintech sectors • Necessary skills and technologies • Opportunities and initiatives Education Investment Real business needs Skills Training 4 FINTECH BUSINESS SECTORS PAYMENTS INSURANCE BANKING FINTECH INVESTING GEORGIA FINTECH ACADEMY HEADQUARTERS AT GEORGIA STATE UNIVERSITY LENDING FINTECH’S REACH DEMAND FOR FINTECH TALENT • Talent Pipeline—Critical shortage • High-Demand Talent Needs Software Development Client Services & Business Development Cybersecurity Data Science & Analytics Innovation & Product Development • Experience Essential—Fintech-ready professionals GEORGIA FINTECH ACADEMY HEADQUARTERS AT GEORGIA STATE UNIVERSITY Join our team WE’RE HIRING GEORGIA’S FINTECH ECOSYSTEM GEORGIA FINTECH ACADEMY HEADQUARTERS AT GEORGIA STATE UNIVERSITY THE “TECH” PART 8 The most commonly cited reasons for hiring difficulties: Lack of job-specific skills, education, or experience “How Do Firms Respond to Hiring Difficulties?” The Federal Reserve Bank of Atlanta’s Community & Economic Development (CED) Discussion Paper Series March 2018 EXAMPLES OF OPPORTUNITIES AND INITIATIVES • • • • • Tech Talent South The Georgia Fintech Academy Cyber Training Academy Refugee training center–MX Apprenticeship Carolina 10 THANK YOU Federal Reserve Bank of Atlanta Retail Payments Risk Forum http://takeonpayments.frbatlanta.org