Banking Reinvented

Episode 8 of ‘Banking Reinvented’ shares insights into the transformative potential of artificial intelligence (AI) in the banking industry. In this episode, Tim Rutten is joined by Chris Shayan, the new head of AI at Backbase. Together, they discuss the accessibility and practical application of AI in banking, providing real-life examples for retail banking, business banking, and beyond. Tune in...

Episode 7 of ‘Banking Reinvented’ explores how the best-of-suite philosophy can transform your banking operations, helping you create seamless customer experiences. This time around, Tim Rutten is joined by Karan Oberoi, Chief Product Officer at Backbase, to share insights into this transformative concept. Together, they explain how to unify your diverse banking functions into a single and cohesiv...

A composable platform architecture can help your bank create a more efficient, agile, and customer-centric environment. In episode 6 of 'Banking Reinvented,' Tim Rutten and Jouk Pleiter explain the differences between a composable architecture and a monolithic one. They also discuss the critical components of a composable platform fabric, such as identity management, process orchestration, and dat...

Episode 5 of 'Banking Reinvented' explores how banks can progressively modernize their legacy tech. Tim Rutten and Jouk Pleiter discuss three key banking modernization strategies: the segment-based, journey-based, and headless approaches to updating banking systems. They highlight the importance of having a clear business case and ROI for modernization efforts. Tune in to find out which approach b...

Episode 4 of ‘Banking Reinvented’ delves into reimagining banks’ operating models. Typically, banks revolve around a core system, encompassing back-office, mid-office, and front-office layers. However, this internal focus lacks customer-centricity. Tim Rutten and Jouk Pleiter tackle the imperative task of modernizing traditional banks’ operating models in this discussion. They highlight the pitfal...

70% of banks are not succeeding in implementing their digital strategies. How can banks break down and simplify their journey towards digital transformation? In this episode of 'Banking Reinvented', Tim Rutten and Jouk Pleiter discuss what banks should focus on: adopting a modular, composable IT infrastructure. They tackle the build vs. buy debate and discuss all the strategic considerations banks...

Business models such as value flywheels can have transformative power in the banking industry and can help create momentum for digital transformation. In this episode of ‘Banking Reinvented’, Tim Rutten and Jouk Pleiter discuss how the Backbase flywheel can drive both technological and business improvements in banking. By placing composable banking at the core of a bank’s business model, one can g...

Discover how banks can modernize tech and prioritize customers. Jouk Pleiter & Tim Rutten discuss overcoming legacy challenges and more. If banks aim to remain competitive in today’s financial landscape, the constant modernization of their technology ecosystems is crucial. But that's easier said than done. A holistic approach centered around customers is the first step. In this episode, Tim Ru...