Add news
March 2010April 2010May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021July 2021August 2021September 2021October 2021November 2021December 2021January 2022February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023
News Every Day |

Is Diversity Equity and Inclusion Making FinTechs Stronger?

In what began as a recognition of workplace imbalances and inequities, diversity, equity and inclusion (DE&I) efforts are now evolving into a way of strengthening companies with a broad chorus of voices that add measurable value to the business.

In a conversation with PYMNTS, Ari Montgomery, director of talent acquisition and DE&I at embedded banking platform Treasury Prime talked about how her life journey — from being an orphaned infant in Calcutta to an adopted child in Portland — has afforded her a deep understanding of the need for DE&I, especially in the finance sector, as a critical step to future growth.

“It was a different day, a different age, very different than today, and I was put in a lot of situations in my life where I was the token,” she said. “It would’ve been great to see more representation and not constantly feel like the ‘other.’”

As it turns out, that reality lit a fire inside the executive as her business life bloomed, a path that ultimately brought her to Treasury Prime and gave her a meaningful opportunity to focus on improving DE&I in the workplace.

“I don’t think it’ll be a shocker to anyone, but FinTechs and banks are typically somewhat homogenous,” she said, “which can be slightly dangerous [having] employees that may approach problems in a similar way and troubleshoot with a similar approach.”

Explaining that diversity is not just about race and gender, but also about socioeconomic class, education level, physical ability, religion, upbringing, seniority and more, Montgomery said all these facets make hiring and highlighting workers from underrepresented minorities impactful on business.

Measurable Progress

“Representation matters,” Montgomery said. “To be able to see a board or executives that look like you shows that there’s not a glass ceiling. It’s important to appeal to decision makers that diversity affects the bottom line and ultimately has a positive impact on the business.”

Employees bring their different perspectives to decision making and “ultimately better understand our customers’ demographics … enhance their experience and hopefully expand our reach,” she said.

As someone who “preaches” the value of team fit within an organization over culture fit, Montgomery said she aims to “embrace and promote differences.”

Given a broad mandate by co-founders Chris Dean and Jim Brusstar, Montgomery and Treasury Prime Vice President of People Brandi McVay set out to measure the extent of the DE&I challenges facing the firm and the sector.

In July 2021, the two executives did an internal DE&I assessment and found its ranks were 73% male and 75% white. In just over a year, she said the company is 59% male and 62% white, 5% Latino, 6% Black, 16% Asian and 9% identifying as two or more races.

Beyond the backing of senior management, she said Treasury Prime has also made training and coaching central to its DE&I mission, with “interviewing 101” a foundation of the hiring process, teaching managers how to avoid tokenism and be inclusive interviewers.

Here again, that supports the business value of DE&I, as it combats things like unconscious bias, representation, microaggressions, “what’s offensive and what’s antiquated when it comes to language,” and ultimately imparting “how to be a better ally.”

Empowering Employees With DE&I

Doing quarterly polls of employees to reveal where work is needed in areas like “making sure that we’re recruiting and retaining underrepresented talent, making sure that we have a diverse funnel for hiring managers to then pick from,” she said critical lessons emerge.

“I’m a big proponent of making people feel mildly uncomfortable,” she said. “I think it stretches people to reach outside of their comfort zone. We’re also building out employee resource groups for our employees to feel like they have belonging.”

As inclusivity gains recognition as a social and business booster, she pointed out that employees who feel their “voices are heard” are five times more likely to feel empowered to perform their best work. At the same time, employees who say their company provides equal opportunity are nearly four times more likely to say they’re proud to work there, while employees who said they’re able to be their authentic selves at work are nearly three times more likely to say they’re proud to work for their company.


Порядка 281 млн рублей выделят подмосковным пенсионерам в 2023 году на компенсацию взносов по капремонтам

The Ultimate SAUDI ARABIAN FOOD Tour in Riyadh! 5 Best Restaurants You Can't Miss!

I've had this for a week, and it makes me feel better

AMSTERDAM Walking tour and city highlights in 4K

English Teacher Grades Homework By ChatGPT WIRED

Read also

The Midlife Renaissance of Women in Hollywood

Google targets low-income people with ads for 'fake abortion clinics': Study

Ashton Kutcher Fielded A Question About Why He Awkwardly Didn’t Put His Arm Around Reese Witherspoon

News, articles, comments, with a minute-by-minute update, now on

News Every Day

English Teacher Grades Homework By ChatGPT WIRED — latest news 24/7. You can add your news instantly now — here

News Every Day

English Teacher Grades Homework By ChatGPT WIRED

Sports today

Новости тенниса

Чесноков рассказал, что нужно Медведеву для возвращения в топ-10 рейтинга ATP

Спорт в России и мире

«Аль-Хиляль» впервые вышел в финал клубного чемпионата мира по футболу

All sports news today

Sports in Russia today


«Аль-Хиляль» впервые вышел в финал клубного чемпионата мира по футболу

Новости России

Game News

Масштабная многопользовательская ролевая онлайн игра Аркмэйз открылась

Game News

Evil Dead: The Game gets a new 'Splatter Royale' mode

Губернаторы России

В нижегородском монастыре нашли старинную икону «Крест-Мощевик с предстоящими»

5 причин начать ходить в походы

Роскомнадзор ограничил доступ к сайту организации «Московская Хельсинкская группа»

Адвокат Лунев заявил о нарушении множества статей УК РФ в рехабе в Подмосковье

У людей нет денег: эксперт объяснил стагнацию на рынке недвижимости

"Шаляпин": самая громкая телепремьера сезона

Создание Афиши Выступления или Концерта, Мероприятия, События.

В Ставропольском крае сняли фильм в честь 150-летия со дня рождения Шаляпина

Певцы для Ваших Песен.

Первая ракетка Казахстана совершил падение в рейтинге ATP

Студентам — наставников, семьям бойцов — поддержку: зачем депутат Госдумы Владимир Иванов прилетал на Ставрополье

Блинкова потеряла три позиции в рейтинге WTA

Первый «шлем» в карьере: Соболенко обыграла уроженку Москвы Рыбакину

Электросети более 400 подмосковных садовых товариществ перешли на баланс Мособлэнерго

5 причин начать ходить в походы

Как заработать музыканту на дистрибуции музыки, на кавер песнях?

Принц Гарри рассказал для чего он написал мемуары Spare ("Запасной")

В России отметили Международный день книгодарения

Не «капиталить», а менять. В России появились новые и недорогие моторы для Volkswagen Polo, Kia Rio и Hyundai Solaris

Интересные обещания: В США рассекретили переговоры Клинтона и Ельцина

Новинка от «Турбозавров». Рюкзачки для малышей с героями мультсериала в продаже на Wildberries и Оzon

Потеря сына и смертельная царапина. Трагедия хоккеиста Сергея Капустина

В Красноярске ликвидирована нарколаборатория по производству "синтетики"

Адвокат Лунев заявил о нарушении множества статей УК РФ в рехабе в Подмосковье

Звезда фильма «Тихий Дон» Горбатов поделился новостью о рождении второй дочери

Путин в России и мире

Персональные новости

Uriah Heep

Британская рок-группа Uriah Heep отменила все концерты в России

News Every Day

The Ultimate SAUDI ARABIAN FOOD Tour in Riyadh! 5 Best Restaurants You Can't Miss!

Friends of Today24

Музыкальные новости

Персональные новости