Private Banking for Everyone. Everything else is Legacy.
By Ali Paterson · 28 September 2026

Quick Summary
As payments turn banks into utilities, what should a bank do today to stay relevant in five years? Suresh Ramamurthi, Chairman and Founder of NetXD, argues the answer is a programmable utility: private banking for everybody, helping customers make more money with their money and keep it safe, with near-instant liquidity against the assets they already hold.
About the speakers
Suresh Ramamurthi is Chairman and Founder of NetXD. He's a former Google mobile payments leader, a former Chairman of the $24B KPERS pension fund, and American Banker's 2015 Innovator of the Year.
Lon Huffman brings four decades of experience delivering mission-critical software. As an Accenture partner, he led the West Coast Software and Internet practice, serving Google, Yahoo!, eBay, Netscape, Intuit, and Disney. Since 2009, he has invested in, advised, and led early-stage startups through six successful exits.
Part of our Sibos 2026 coverage.