Listen "The future of banking: BIAN’s journey towards standardization and innovation"
Episode Synopsis
Episode 16 of the ‘Banking Reinvented’ podcast explores how the Banking Industry Architecture Network (BIAN) is transforming the future of banking with a standardized framework to modernize IT infrastructures.Host Tim Rutten welcomes Hans Tesselaar, Executive Director at BIAN, and Roland Booijen, GM of Ecosystems at Backbase.They explore how BIAN is driving innovation through industry-wide collaboration and standardized APIs, helping banks shift from legacy systems to agile architectures.Learn more about the evolution of banking standards, the importance of interoperability, and the benefits of using open-source models to innovate in the banking industry.Curious to find out more about customer-centric banking? Follow us on LinkedIn:-> Backbase-> Jouk Pleiter-> Tim Rutten-> Roland Booijen-> Hans TesselaarStep into the future of finance -> Check out our content hub(00:00) - Welcome to the ‘Banking Reinvented’ podcast(01:25) - The origin and mission of BIAN(05:30) - Roland discusses Backbase’s use of BIAN standards(09:10) - How BIAN is reshaping the future of banking with standardized APIs(16:02) - Discussion on interoperability and composable architectures in banking(33:17) - Case study of ABSA Bank’s implementation of BIAN models(34:58) - UnionBank of the Philippines case study on digitizing loan approvals(39:04) - AI’s role in modernizing banking operations(42:00) - Key takeaways(45:49) - Episode wrap-up
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