What’s mistaken with Banks? Too many individuals managing too many advanced IT methods for starters
https://www.buzzsprout.com/1643860/15123922
https://fintechsummit.com.au/the-fintech-report-podcast/
The following wave of innovation in banking and monetary providers shall be within the financial institution’s core expertise/IT operations; lots of that are run as separate methods, with many elderly legacy methods, with an over reliance on individuals to handle the integrations in addition to the compliance. A brand new wave of software program corporations at the moment are beginning to disrupt and alter this outdated construction. Hear from Mac Duncan, the Co-Founding father of Constantinople on how they’re altering banking, beginning with the primary shopper, Nice Southern Financial institution.
Constantinople is the primary of its variety: an all-in-one software program and operational platform for banks. Constantinople hosts and manages your financial institution’s clients straight on their cloud native infrastructure. they assist a full vary of banking merchandise that are branded as the corporate identify, along with all operational providers wanted to run a financial institution.
Constantinople’s state-of-the-art platform frees banks from working costly infrastructure and replaces guide operational and compliance processes with automation at scale. By eradicating the operational complexity of banking, Constantinople permits banks to deal with clients and the enterprise of banking.
On this episode we talk about:
Mac Duncan’s background; influences in banking & fintechThe imaginative and prescient for Constantinople? What’s the story behind Constantinople? Why did you and Di need to begin it?Do you name your self a fintech? Financial institution tech? do definitions matter?Cash raised up to now, varied rounds, which VCs / angels etcWill you be international? Can all fintechs plan to be international from Australia?Basis shopper? Is deal with SMEs and lending? What’s the temporary you need to ship on?Your level of distinction. Level options vs end-to-end options; whats the story right here? What’s a core banking platform? What do you do that’s over and above the core banking?It’s a really aggressive area. Who’re the opponents?How do you serve banks who need to be versatile? Versatile on merchandise, pricing, reg, distribution – what different elements?How are you making a GREAT tradition? (ie so individuals need to work in tech and never in banks)
