Banking Isn’t Sexy?

Increasing regulation and a focus on technology is causing banks to face a Web 2.0 nightmare: How do they compete with Facebook and Google for high tech workers?

JPMorgan Chase, Fiserv and bank software developer T8 Webware of Cedar Falls, Iowa, are all partnering with universities in order to hook technology students early in an effort to bolster their recruiting efforts.

As banks are well aware, many new software engineers would rather work for Google or a hot new start-up than enter the banking industry.

To attract talented new workers and to make sure they are up to speed on the latest trends, banks and technology vendors work closely with universities to help prospective employees develop the right skills before they even look for their first job.

You can read my @AmerBanker story, here. You can also view the discussion I participated in on AmericanBanker.com, here.

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