Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)

Jude Schramm on AI, Fintech, and Transforming Fifth Third’s Digital Strategy


Listen Later

Fifth Third Bancorp CIO Jude Schramm shares how he has spearheaded a comprehensive digital transformation over the past seven years, positioning the bank for growth, resilience, and innovation. Jude discusses the modernization of IT infrastructure, the integration of AI tools for employees and customers, and the bank’s strategic fintech acquisitions, such as Rise Money, to advance in embedded finance. He also delves into the evolution of customer experience, emphasizing a blend of human and digital interactions to meet modern banking needs. Additionally, Jude reflects on lessons from his tenure at GE, including the importance of leadership development and applying Lean Six Sigma principles to technology and business processes.

Highlights include:

  • Modernization and Resilience: Jude explains how Fifth Third upgraded its infrastructure, migrated to cloud-based systems, and established a robust foundation for scalability.
  • AI for Transformation: The discussion explores the four pillars of AI at Fifth Third: for employees, engineers, business processes, and customers.
  • Customer Experience Evolution: How the bank enhanced its mobile app, enabling 500+ updates in 2024 and creating seamless digital banking experiences.
  • Talent Development: Strategies for building an engineering-centric IT workforce, including reskilling programs and partnerships for nontraditional hires.
  • Fintech Acquisitions: Insights into how acquisitions like Rise Money and Provide have accelerated the bank’s entry into embedded finance and healthcare verticals.
  • Governance and Innovation: The balance between adopting generative AI and ensuring regulatory compliance in a banking context.
  • Lessons from GE: Jude reflects on the leadership training and Six Sigma practices that shaped his approach to problem-solving and innovation.
  • ...more
    View all episodesView all episodes
    Download on the App Store

    Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)By Metis Strategy

    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    71 ratings


    More shows like Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)

    View all
    The Cloudcast by Massive Studios

    The Cloudcast

    153 Listeners

    a16z Podcast by Andreessen Horowitz

    a16z Podcast

    1,029 Listeners

    The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

    The Tim Ferriss Show

    16,071 Listeners

    Software Engineering Daily by Software Engineering Daily

    Software Engineering Daily

    624 Listeners

    The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) by Sam Charrington

    The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

    444 Listeners

    Super Data Science: ML & AI Podcast with Jon Krohn by Jon Krohn

    Super Data Science: ML & AI Podcast with Jon Krohn

    298 Listeners

    NVIDIA AI Podcast by NVIDIA

    NVIDIA AI Podcast

    323 Listeners

    Data Engineering Podcast by Tobias Macey

    Data Engineering Podcast

    142 Listeners

    Masters of Scale by WaitWhat

    Masters of Scale

    3,987 Listeners

    AI Today Podcast by AI & Data Today

    AI Today Podcast

    146 Listeners

    Practical AI by Practical AI LLC

    Practical AI

    190 Listeners

    Big Technology Podcast by Alex Kantrowitz

    Big Technology Podcast

    421 Listeners

    No Priors: Artificial Intelligence | Technology | Startups by Conviction

    No Priors: Artificial Intelligence | Technology | Startups

    121 Listeners

    Latent Space: The AI Engineer Podcast by swyx + Alessio

    Latent Space: The AI Engineer Podcast

    77 Listeners

    The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

    The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

    455 Listeners