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Using AI for Effective Digital Transformation in Financial Services
Manage episode 431277865 series 3009515
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Welcome to FinTalk by Vermeg, the leading podcast in the fintech industry that addresses the most pressing topics in the financial services industry.
In this episode, our host Jawad Akhtar is joined by renowned industry expert Zahra Shah. Together, they delve into the intricacies of digital transformation in banking, focusing on legacy banking systems and the driving forces behind this transformation.
This episode of FinTalk by Vermeg covers:
- Impact of Digital Transformation on Legacy Systems
- Regulatory Compliance in Fintech
- Current Trends in Technology
- Board-Level Digital Strategy
- Cultural Change in Transformation Programs
Episode Highlights:
- Zahra Shah's insight on Legacy Systems: "The best way to get value using digital transformation is to use add-ons or APIs so you don't have to start from scratch."
- Zahra Shah on Regulatory Compliance: "Regulatory compliance is the biggest driver because of potential loss of reputation, loss of business, and fines."
- Zahra Shah on Cultural Change: "If you haven't incorporated a cultural change with the digital transformation, then it will not succeed."
Listen to the full episode now on your favourite podcast platform and stay informed about the latest trends and regulations affecting your business.
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