FinAi Podcast

Listen as Finastra’s Al Carpetto discusses the upcoming launch of FedNow and how the financial software provider is preparing its bank and credit union clients for the payments network. 

The fall of Silicon Valley Bank has bank clients looking to financial institutions for deposit security, and banks must have the technology to bring peace of mind to clients. 

This loss of client trust combined with unnecessarily risky business practices were behind SVB’s failure, Robinson shared in a recent episode of “The Buzz” podcast. 

In a world of instant gratification, consumers expect this of payment processes — and technology can help.  

Bonita Springs, Fla.-based payments company ConnexPay addresses pain points in the payments world and works to reduce friction, Chief Executive Bob Kaufman tells Bank Automation News in this episode of “The Buzz” podcast.  

Proper data management is something all financial institutions strive for, but it is not easily achieved due to data siloes and drift.   

While the process of organizing and gathering the right data can set banks apart from their competitors, using the right tools to accomplish this is critical, and something all FIs need to address, Jocelyn Houle, senior director of data governance at Securiti.Ai tells Bank Automation News in this episode of “The Buzz” podcast. 

Listen as Sanat Rao, chief executive and head of software-as-a-service provider Infosys Finacle, discusses the evolution of AI and implications of ChatGPT for the financial institutions. 

Listen as Naveed Anwar, global head of TTS digital and data at Citi, discusses Citi’s use of data and customer feedback along with new advancements in data analytics via AI, machine learning and robotic process automation.  

The swift collapse of Silicon Valley Bank has shaken the banking industry during the past two weeks. 

SVB engaged in risky lending practices and did not have the necessary safeguards in place, leading to a run on deposits that eventually sent the bank into receivership, Mike Sekits, co-founder and managing director of community bank partnership group BTech Consortium, tells Bank Automation News in this episode of “The Buzz” podcast. 

Adoption of embedded banking by both businesses and customers is on the rise, and it is helping to reduce the risk of payment fraud along the way. 

For consumers, tokenizing user credentials for their protection is a benefit; meanwhile, businesses gain security by using integrated systems to accept payments safely, Bennie Pennington, vice president of embedded banking and integrated payments at $190 billion KeyBank, tells Bank Automation News in this episode of “The Buzz” podcast. 

Automation has grown at an exponential rate since the start of the COVID-19 pandemic, but the decline of personal interface may leave some bank clients wanting more. 

Embedded finance can assist by building trust between banks and their customers, Antonio Soares, co-founder and chief executive at Brazilian payments platform Dock, tells Bank Automation News in this episode of “The Buzz” podcast. 

 Listen as Dustin Hubbard discusses the launch of Archway Software and his plans for next week’s Bank Automation Summit U.S.