In this episode, Mark Beresford and Amine Saidi of Edgar, Dunn & Company talk with Erich Litch, General Manager of Payments Software, and Phil Bruno, Chief Strategy and Growth Officer at ACI Worldwide, about how banks can modernize legacy platforms without risking a full-scale overhaul. From convergence across payment rails to the growing role of orchestration, they explain why modernization is no longer optional for financial institutions.

They also explore how real-time payments are reshaping global markets—from Brazil’s Pix to India’s UPI—while open banking creates new opportunities for value-added services. Erich and Phil share how AI and emerging agentic AI are being used to fight fraud, streamline transactions, and automate back-office tasks, helping banks compete with fintechs on speed and customer experience.

Join us as we explore how modernization, AI, and new payment models are redefining financial services worldwide.

In this episode:

Modernizing legacy banking platforms without full-scale replacement
Convergence across payment rails as a driver of efficiency and flexibility
Real-time payments adoption in Brazil, India, and the US
Open banking as an enabler of value-added services and innovation
AI in payments intelligence: fraud detection, transaction optimization, customer experience
Emerging role of agentic AI in automating back-office tasks
Stablecoins and cross-border crypto transfers as future payment options
Payments innovation’s potential for financial inclusion—and its cost challenges
Why traditional banks remain the backbone of global financial systems

Resources:

LinkedIn (Erich Litch): https://www.linkedin.com/in/erich-litch-500548

LinkedIn (Philip Bruno): https://www.linkedin.com/in/phil-bruno

Website: https://www.aciworldwide.com

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