As 2030 approaches, banks are facing a shift that goes far beyond digital transformation. In this interview series with ITNation by Makana, Alan Goodrich, Sales Director at ERI, talks to Kim Kent, Deal Maker & Chief Front-Man at Makana, to unpack what's really changing for banks: the business model itself, the technology underneath it and the trust required to move from one to the other without disruption.
Across five short conversations, they cover the shift from cash management to capital markets, the rise of embedded finance under PSD2/PSD3, why core banking replacement doesn't have to mean high risk and why banks have trusted ERI's OLYMPIC Banking System for 35 years.
In this series:
1. 2030 and beyond: Why banks need a new business model, not just new technology
Next episodes:
2. PSD2, PSD3 and the rise of embedded finance: What comes next for banks?
3. Why business transformation requires technology transformation
4. De-risking core banking replacement: A coexistence strategy for migration
5. 35 years of trust: Why banks rely on ERI's OLYMPIC Banking System
2030 and beyond: Why banks need a new business model, not just new technology
Digital transformation has dominated banking for the last decade but according to Alan Goodrich, Sales Director at ERI, the business model behind it hasn't actually changed. With 2030 on the horizon, he explains why the next shift is structural: moving customers out of cash-based deposits into capital markets over the next four to six years.
Ready to plan your core banking transformation?
Whether you're rethinking your business model, preparing for PSD2/PSD3 and embedded finance, or planning a lower-risk core banking migration, ERI's team can help you map the path to 2030.