Large Banks
topic on 3 shows · 3 statements across 3 episodes
the MAD Podcast
the a16z Podcast
20VC
3 statements about Large Banks, every show
LeCroix: Banks would not adopt AGI without enterprise governance controls
“Requirements I see for control and governance in enterprise make me think that even if I had some AGIS model on my servers right now, if I were to go into a large bank and say, Here is a thing. Please let it control everything for you. They wouldn't be happy t…”
Strange: Up to 15% of large bank staff works in compliance
“So large banks right now, up to 15% of their staff is just in compliance.”
Hockey: Non-financial software companies will dominate financial brands within ten years
“Over the next 10 years, the new financial brands that will win over time and that will be that dominant player are already probably brands today. They just aren't financial services brands. I think what will happen is these large banks that you and I have hear…”