jobs
Payments sector AI hiring hits year-high in August
The proportion of banks, payment providers, cards programmes and processors companies hiring for artificial intelligence related positions rose to a year-high in August 2021, with 43.7% of the companies included in our analysis recruiting for at least one such position.
A
I hiring within the banks, cards and payment sectors is up by 41.9% year-on-year in August. Moreover, AI hiring in August within the banking and payments sectors is up by one-third compared to the previous month.
When it came to the proportion of all job openings that were linked to artificial intelligence, related job postings dropped in August 2021, with 2.8% of newly posted job advertisements being linked to the topic.
This latest figure was an increase compared to the 2.2% of newly advertised jobs that were linked to artificial intelligence in the equivalent month a year ago.
Artificial intelligence is one of the topics that GlobalData, has identified as being a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.
Our analysis of the data shows that banks, payment providers, cards programmes and processors companies are currently hiring for artificial intelligence jobs at a rate higher than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 1.6% in August 2021.
GlobalData's job analytics database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they're posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.