AI in banking: scaling innovation, driving growth, and enhancing operations

Recorded live at Backbase ENGAGE Americas, Episode 55 of Banking Reinvented is a panel discussion about overcoming AI implementation hurdles and seizing the massive opportunity that this cutting-edge tech presents.

In this episode, host Tim Rutten sits down with Brian Shniderman (Accenture), Kathleen Woodard (Microsoft), and Larry Lerner (McKinsey) to explore real-world AI applications, from intelligent automation to predictive insights.

Tune in to hear how financial institutions are scaling AI responsibly, overcoming regulatory challenges, and future-proofing their tech stacks.

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Timestamps

(00:00) – Welcome to the “Banking Reinvented” podcast

(00:21) – Panel introduction

(01:02) – Introduction to panelists

(02:18) – Understanding the opportunity of AI in banking

(09:42) – Factors holding banks back from adopting AI

(15:46) – Most relevant, current-day use cases of AI in banking

(22:38) – Responsibly adopting AI in banking

(29:40) – The increasing pace of innovation

(33:04) – Empowering employees with AI

(37:39) – Execution tips from Brian, Kathleen, and Larry

(42:52) – Episode wrap-up