The Source by DailyPay

84: Alex Jimenez, Lead Principal Consultant, Backbase | Taped Live at Money 20/20 2024


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Alex Jimenez from Backbase discusses the evolving landscape of digital banking, highlighting the growing demand for personalized and seamless user experiences across all banking sectors. He emphasizes the importance of innovation and flexibility in banking technology, especially in wealth management and commercial banking. Jimenez also delves into the strategic moves by credit unions, their increasing agility, and their focus on digital growth. He touches on the potential of AI in providing contextual financial advice, and the challenges and opportunities banks face in adopting new technologies to meet changing consumer expectations.

3:25: Key trends in banking and the growing demand for digital experiences in various banking sectors.

4:10: The excitement around wealth management and the transfer of wealth between generations.

10:21: The threat of technology to traditional banking systems and the importance of innovation.

 

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