CN&CO Fin-blog recap for the week ending 9 December 2016

Team CN&CO love financial services (among other things) and we enjoy reading about what’s happening in various quarters of the industry. Here are our favourite fin-blog picks of the week:

Colin’s pick:

Banking’s most in-demand skills: IT
According to an article on Moneyweb, IT has overtaken quantitative, mathematical and investment skills as most in-demand in the banking sector. An interesting stat from the article:
“The domestic financial services sector – which includes insurance companies, development finance institutions and credit providers – employs more than 2.2 million individuals. It is the third largest employer in the country and contributes 14% to employment.”

Josie’s pick:

This Is Why People (Not Technology) Are Still Your Greatest Asset
“If you believe your people are a bottom line cost, then you are hiring the wrong people.”

 Gianluca’s pick:

‘Tis the season for brute-force cyber attacks – how to be safe
“Unauthorised access via a brute-force attack could also lead to unauthorised access to and theft of data which, depending on the nature of the data, could have severe consequences for any business.”

 Neo’s pick:

How ditching your car for Uber could save you money
“Drivers can expected to save an average of as much as R 14 000 annually by ditching their vehicles and opting to use the Uber service.”

Kurt’s pick:

As you read this, your e-toll debt might be prescribing
“Outstanding e-toll debt has begun to prescribe as three years have passed since the controversial system became operational, the South African National Roads Agency (Sanral) confirmed.”

Source:
Moneyweb
Forbes
Hollard Broker
Fin24