The Corporation of London is calling on employers to re-skill female workers not currently in technical roles. The Corporation of London is calling on employers to re-skill female workers not currently in technical roles. 'Mid-career' females also being sidelined by rigid hiring processes, says City of London Corporation Women working in tech and financial services are at greater risk of losing their jobs to increased use of AI and automation than their male peers, according to a report that found experienced females were also being sidelined as a result of "rigid hiring processes". "Mid-career" women - with at least five years' experience - are being overlooked for digital roles in the tech and financial and professional services sectors, where they are traditionally underrepresented, according to the report by the City of London Corporation. The governing body that runs the capital's Square Mile found female applicants were discriminated against by rigid, and sometimes automated, screening of their CVs, which did not take into account career gaps related to caring for children or relatives, or only narrowly considered their professional experience.

"Six decades into the computer revolution, four decades since the invention of the microprocessor, and two decades into the rise of the modern Internet, all of the technology required to transform industries through software finally works and can be widely delivered at global scale." As we approach the end of the second decade of the 21st century, software and the technology it weaves together is well on the way to transforming virtually every aspect of financial services – from the products and tools we use to pay, save and invest, to the underlying business models of the financial system, and even to the very concept of money itself. A new terminology has arisen to capture the technological disruption that is underway in finance. A prime example is the term Fintech which, along with related neologisms such as Wealthtech, Insurtech, Paytech and Regtech, have emerged to represent not only the online discussion of disruptions and innovations in financial services, but also the new businesses embodying this digital transformation and the ecosystem/community in which they operate. While one can find references to Fintech dating back to 1972, common use and awareness of the term, measured by the volume of Google searches, began to take off around 2015.