What the Fintech? | S.2 Episode 13 | The terror of technological debt
Vincent Kilcoyne, executive vice president and head of product management at SmartStream, joins us on this latest episode of the What the Fintech? podcast.
For our news in numbers, Vincent talks about the huge numbers involved when financial institutions experience operational loss events, and how despite progress, it keeps happening. We also chat about the data breach at buy now, pay later giant Klarna.
In our discussion segment, we talk about what extent technical debt at financial institutions is holding them back, how FIs can go about unravelling the spaghetti of their legacy systems, and whether “rip and replace” is truly dead.
Stay tuned for the end of the show, where we discover what buzzword Vincent wants to lock away in our Fintech Jail!