Revolut reveals new agreement with Visa, set to hire 3,500
Revolut is eyeing up several new markets in 2019 and 2020
Jobs
Banking technology and the future workforce
Two giant conflicting narratives are at work in the banking industry.
Banking and financial services jobs: mobility at an all-time high
AI is a new corporate site selection driver
Infographic: UK’s cloud computing job market
According to a study by the International Data Corporation (IDC), investment in cloud computing is expected to grow at over six times the rate of IT spending by 2020. Job meta-search engine Joblift has analyse the state of the UK’s cloud computing job market and found that, in line with the rise in investment, cloud computing vacancies have risen by over 7% on average monthly.
Infographic: UK’s blockchain job market
Blockchain vacancies in the UK increase by 25% with Britain posting three times as many jobs as Germany – and more findings in this infographic.
Why should banks care about ‘tech levels’?
The fact that London’s financial services sector is also a hot spot for technology innovation is not news. In 2014, investment in financial technology firms grew by 136%. Earlier this year, George Osborne identified London’s financial technology sector as a particularly bright spot in the recovering economy – not surprising when you consider the transformational effect that information technology continues to have on the industry
London job market still depressed
London’s financial sector jobs market continues to be depressed, with the number of new jobs on the market down 18% on this time last year, and the number of people looking for jobs down 26%.
