You can't bolt AI onto a 1960s core

Quick Summary

Why can't banks just bolt AI onto what they already have? Suresh Ramamurthi, Chairman and Founder of NetXD, explains why batch-based, check-based banking systems aren't ready for high-velocity transactions, and how NetXD built a new substrate for banking: a programmable ledger, deterministic long-term memory, zero trust security and contracts as mathematics, with compliance, real-time analytics, reconciliation and kill switches baked in.

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.