Today, the most efficient models are built on a backbone of data, algorithms and artificial intelligence. But traditional financial institutions haven’t yet figured out how to move beyond their brick-and-mortar roots. Banking futurist Brett King will tell the attendees why Embedded Finance – financial services technologies embedded into a variety of software and apps – is fast becoming one of the most disruptive trends in banking, payments, and fintech. Not just a platform or technology change, it’s a change in mindset and go-to-market strategy. At its heart, is the fact that the customer relationships and physical-distribution-based models banks have relied on are under stress as customer traffic moves from Main Street to online ecosystems, fintechs, and non-traditional competitors. Bottom line: Banks need to reach consumers where they are. Join industry thought leaders Brett King, and Kashif Gaya as they discuss the API-rich financial infrastructure layer known as the financial fabric and how it’s now tightly woven into a broader business proposition, with the intent of augmenting it. And how bankers need to wean themselves from the branch dependent models of yesteryear, and how to build the bank of tomorrow.
