Core Banking Modernisation: a Dave & Dharm Demystify Podcast
Description
To shed some light on what banks and credit unions in the Americas should do with BaaS, Dharm from the Dave & Dharm Demystify Podcast has invited two esteemed guests from Galileo Financial Technologies – Miguel Santos, chief strategy officer, and Dave Feuer, chief product officer.
Between them, Dave and Miguel give real-life examples of several innovations only made possible by a modern core. The key message is that there is no future for a monolithic core or large software suites; the future is granular banking capabilities consumed and paid for on demand.
Miguel also shared his views that, “The era of differentiation on customer experience is a thing of the past." He explains how banks can distinguish themselves by designing products that cater to specific customers, using the example of a truck business that uses embedded banking.
Additionally, Dave highlights his team's extensive experience in generative AI, revealing that Galileo has been developing a processing platform based on this technology for several years.