Many core banking systems has been there more than 30 - 40 years. And they didn't touched the tech stack and have older versions of code base. With Generative AI coming into picture will they bring new products or will integrate into their products and services or collaborate with neo banks/fintech startups to provide services for their customers like AI based spending analysis, spend planning, risk scores of their investment options and other. Or else some new age bank that using new age tech in their core banking system which built from scratch will take up the customers of large banks with their services right? And also new gen users are GenZ who born with tech. What's your views on it?
The way I see it is that during 0% interest rate era, everyone chases the next shiny thing and now at 5%, no wonder bank tech and fintech infra is getting some attention 😅
I would love to be associated with a promising BankTech startup. This will be the biggest tech opportunity in next 2 decades coming out of India.
Please continue this podcast series...
Many core banking systems has been there more than 30 - 40 years. And they didn't touched the tech stack and have older versions of code base. With Generative AI coming into picture will they bring new products or will integrate into their products and services or collaborate with neo banks/fintech startups to provide services for their customers like AI based spending analysis, spend planning, risk scores of their investment options and other. Or else some new age bank that using new age tech in their core banking system which built from scratch will take up the customers of large banks with their services right? And also new gen users are GenZ who born with tech. What's your views on it?
The way I see it is that during 0% interest rate era, everyone chases the next shiny thing and now at 5%, no wonder bank tech and fintech infra is getting some attention 😅