At the inflection point of AI and bank modernization

🌟 New episode alert! One Vision — FinTech Fuse is back with a power-packed conversation with Jody Bhagat, North America President at Engine by Starling. We talk about the critical role of technology in transforming banking operations and delivering exceptional customer experiences. Whether you're grappling with legacy systems or eyeing the cutting-edge of AI, Jody's insights offer valuable guidance on modernization strategies and the transformative potential of technology. Check out this engaging discussion to learn how this dynamic industry can be both vital and cool! 

00:00 Introduction and Guest Welcome

01:39 Understanding Engine by Starling

04:43 Challenges and Opportunities in the US Market

06:13 The Importance of Modern Technology in Banking

13:58 AI and Its Impact on Banking

21:38 Strategies for Bank Transformation

26:31 Looking Ahead: The Future of Banking

29:46 Conclusion and Farewell

📍 Hot take: Most banks and credit unions are spending 70 to 80% of their IT spend just on maintaining their legacy core, and it's providing little or no differentiation.

#DigitalTransformation #AI #FinTech 

Find Jody Bhagat on LinkedIn: https://www.linkedin.com/in/digitalbusinessgrower/ 

Find Theodora Lau on LinkedIn: https://www.linkedin.com/in/theodoralau/ 

🔗 Theo’s latest book: Banking on (Artificial) Intelligence: https://www.bankingonaibook.com/ 
🔗 About Unconventional Ventures and the One Vision Podcast: https://www.unconventionalventures.com/