Tech is Tech until proven Business (Part 1)
As a business person working in Digital and Technology for past 2 decades, I have realised that business leaders have a bit of mental block in managing technology. They typically ignore technology, until its all over the environment. By the time, they react, the market typically would have moved ahead and then they play catch-up […]
Engine of a Car
Engine to a Car is akin to what Technology Platforms are to Banking… Still Tech is considered Support in a Bank / Financial Institution… Building Digital bank would require this old mindset to change… Lets work to make the change…. Lets Change the Way Banking Happens…
Technology integration is the Elephant in the Room
Fintechs – Get Ready for Technology Integration with Banks o Technology integration is the Elephant in the Room. This is complex and costly affair for banks as well as Fintechs. This process is normally iterative and lack of clarity generates sense of despair on both sides. o Before approaching the bank, Fintechs may document end […]
Unaccepted Cardinal SIN in Banking: We outsourced the bank
In last couple of decades, we have learnt that – Technology is not the core of the bank – Technology should be outsourced – Technology is a cost center – Tech team does not understand business – The main job of tech team to do plumbing – Tech teams work during night (they must be […]