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Plaid Mock Interview

Question 33 of 33 for our Plaid Mock Interview

Plaid was updated by on December 1st, 2021. Learn more here.

Question 33 of 33

We're looking for individuals who stay up-to-date on industry changes. What do you see as the most pressing challenge currently within the fintech industry?

"It goes without saying that protecting customer privacy is a top challenge for professionals in this industry today. We've seen various high-profile data leaks and infringements on customer privacy in the past few years. Maintaining a robust data protection system that allows clients to feel secure is incredibly important within the industry, and it's something that I take seriously as a professional."

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How to Answer: We're looking for individuals who stay up-to-date on industry changes. What do you see as the most pressing challenge currently within the fintech industry?

Advice and answer examples written specifically for a Plaid job interview.

  • 33. We're looking for individuals who stay up-to-date on industry changes. What do you see as the most pressing challenge currently within the fintech industry?

      How to Answer

      As a fintech professional, it's important to highlight your knowledge of the industry by reflecting on what you view to be the greatest challenge in fintech. This question is an excellent opportunity to demonstrate to your interviewer that you have done adequate research and can speak to these issues in an educated manner, especially if you are new to the industry. Highlight one challenge that will be relevant to the position to which you're applying. Common challenges that you might highlight include cybersecurity, the relationship of traditional financial services firms with fintech companies, regulations, and protecting user data.

      Written by Rachel Hills on December 1st, 2021

      Answer Example

      "It goes without saying that protecting customer privacy is a top challenge for professionals in this industry today. We've seen various high-profile data leaks and infringements on customer privacy in the past few years. Maintaining a robust data protection system that allows clients to feel secure is incredibly important within the industry, and it's something that I take seriously as a professional."

      Written by Rachel Hills on December 1st, 2021