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Financial Services Industry Faces a Hiring Crisis Amid Economic Uncertainty

AvidXchange

Reuters reports that hiring in financial services has dropped considerably as banks and credit unions continue to struggle to find skilled workers. Why is there a pressing labor shortage in financial services?​ There are multiple reasons for the talent shortage in financial services, a big one being retirement.

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AP Automation’s Role in Helping Financial Institutions Navigate a Possible Recession  

AvidXchange

Although the possibility of a recession poses challenges to many industries, it uniquely affects the financial services industry. Financial services institutions are the gateway to our economic world and a recession can cause damage through credit and investment losses and reductions in business.

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An Interview with New AvidXchange COO Steve Boehm

AvidXchange

No one saw the 2008 financial crisis destroying most of the financial services industry, including the company I worked for, which was sold to Wells Fargo. Be prepared to pay the personal price to build the capabilities you will need to achieve what you say you want and then go with the flow. You must be adaptable.

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REVOLUTION 2017 Preview: Bank Innovation Expert JP Nicols

AvidXchange

After spending twenty years as a part of the leadership team growing a $6B regional bank into an industry leader with over $400B in assets, JP is working at the intersection of FinTech, innovation, and financial services to help others turn potential into performance. That’s where I think the future of FinTech is going.

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Ep. 142: Sylvana Caloni - Failure has a Purpose

IMA's Count Me

So Paul is my co-author and Paul like me had come from the financial services world. The financial crisis of 2008, 2007, 8, 9, to me, a large part of that was everybody was on the same merry-go-round and people weren't listening to the signs that things were going astray. We share Paul O'Donnell's story. Us company.

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Ep. 135: James Burton - Crisis can lead to Opportunity

IMA's Count Me

So Personal Capital came out of what I think of as an industry crisis, by the way, it also came out of the financial crisis. It was, founded in 2009 and, at the time of the great recession and financial crisis that started in 2008. And as a result, I think it's when, many careers are actually made.

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Tax Deadline Extended, IRS Yet to Confirm

Cloud Accounting Podcast

Small businesses want client accounting services. In the 2019 Bill.com Hire/Fire Index survey of small businesses, more than half prefer to hire accounting firms that offer a wide range of accounting, tax, and financial services. So, this guy's probably been doing this constantly, any time he gets news.

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