How Jack Henry is Modernizing Banking Infrastructure
a16z Live19 Joulu 2024

How Jack Henry is Modernizing Banking Infrastructure

Most financial institutions still bank on software built before the internet, but Jack Henry's CTO, Ben Metz, is leading a quiet revolution to change that. Speaking with a16z General Partner Angela Strange, Metz shares how banks’ historical tech infrastructure and regulatory obstacles have stymied innovation—and how Jack Henry is helping them overcome these challenges. Metz outlines actionable ways startup founders can help smaller community banks leverage artificial intelligence and cloud computing, reshaping the industry at large.

Chapter Breakdown:

0:47 Backstory
2:15 Community banks and historical infrastructure
4:30 Pre-internet banking & software realities
6:45 Challenges of scaling historical banking tech
8:30 Building software & COBOL
12:15 Dissecting core banking systems
15:40 How regulatory hurdles impact innovation
18:30 Mobile banking and market shiftsT
22:45 Integrating AI into banking's foundation
25:30 Digital service core to banking
28:15 Where AI will be integrated first
31:20 Advice for fintech founders
34:45 Building a data platform to enable innovation
38:20 Working together: banking & tech startups

Jaksot(146)

Elon Musk + Vlad Tenev on The Good Time Show

Elon Musk + Vlad Tenev on The Good Time Show

Guests Elon Musk and Vlad Tenev (of Robinhood) join hosts of The Good Time Show on Clubhouse Sriram Krishnan & Aarthi Ramamurthy, Marc Andreessen, Steven Sinofsky, Garry Tan, and others.

1 Helmi 20211h 35min

Announcing a16z Live

Announcing a16z Live

We’re announcing and launching this new feed -- simply called “a16z LIVE” -- for conversations on Clubhouse and beyond. Our goal is to capture and share many of the live discussions and events featuring, hosted, or co-hosted by a16z partners (with outside voices too); many (though not all) of these different live events take place on the social audio/ drop-in chat app Clubhouse -- to attend those in real time or sign up, please visit joinclubhouse.com.As a reminder, all the content posted here is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Views expressed are those of the individuals and not the views of Andreessen Horowitz, please see a16z dot com/ disclosures for more. Finally: If you’d like to catch other shows on the broader a16z podcast network, be sure to check out the flagship "a16z Podcast", one of the consistently chart-topping shows in tech; our shortform tech trends & news analysis show “16 Minutes”; and our show "Bio Eats World", all about life sciences, healthcare, and technology. All of these are available wherever you get your podcasts. To learn more about the a16z podcast network, please see a16z.com/podnetwork... And feel free to rate and review all our shows as well!

30 Tammi 20211min

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