West Virginia is paving the way in a new sector of business and commerce called financial technology, or fintech—an emerging industry that uses technology to streamline activities in finance.
Though the average consumer may not be aware of this new term, fintech is already a part of many daily transactions by making financial services accessible from an app or website. The term includes any technology used in the financial services industry.
For the past two years, West Virginia’s two- and four-year public and private colleges and universities have been learning to navigate higher education during a global pandemic. The people, businesses and organizations of the Mountain State are known for their fighting spirit and innovative approach to problem solving, and through that lens, the staff at West Virginia Executive magazine decided to reach out to the education community to find out what unique solutions have been implemented.
Fulfilling work, good wages, a strong connection to community and reliable internet service—these are just a handful of the things young workers want. While retaining young talent is on the wish list of many West Virginia companies and economic developers, there is one group with an inside perspective to make it happen and some dynamic efforts are already underway.