Financial services has hurdles to quickly adopt cutting-edge technologies like AI.
Tech giants like Google and Apple are putting banks at a disadvantage in a war for AI talent.
Smaller financial institutions can demonstrate AI value to senior leadership and gain public perception in the AI space to attract talent.
Small banks can focus on what they offer that larger companies can't, including ownership, responsibility, and flexibility to offer shares for the right talent.
Small banks can establish themselves in the AI space by attending college events like career fairs and conferences.
Buy-in from senior leadership is essential to getting talent and using AI effectively.
Owning projects, solutions, processes, or products allows AI talent at small banks to have an impact on the bottom line.
Making themselves visible to prospective talent can help small banks build a talent pipeline and attract top AI experts.
Small banks can compete in the war for AI talent by building a talent pipeline and making themselves visible.