Americas Series with David Yakobovitch: FinTech vs. traditional bank - the technology advantage with Deep Varma, CTO at Varo Bank

<p>In this episode of the Americas Series, <a href="https://www.linkedin.com/in/davidyakobovitch/">David Yakobovitch</a> spoke to <a href="https://www.linkedin.com/in/deepvarma/">Deep Varma</a>, CTO at <a href="https://www.varomoney.com/">Varo Bank</a> about the technology edge of FinTechs vs incumbents and how that translates to customers first approach that works and it's not just a PR slogan.</p><p>Here is what they covered:</p><ul> <li>How Varo’s technology-centric approach allowed the bank to stay focused on its mission and purpose</li> <li>Technology advantage of FinTechs over traditional banks</li> <li>Not good vs. bad, but challenges of managing a legacy architecture</li> <li>How banks' technology stacks are keeping them from being truly customer-centric</li> <li>Compare Varo’s approach and how technology allows it to put customer needs first</li> <li>How do you build and scale a tech organization - what kind of people do you need, when is the right time to think about technology implementation, etc.</li> <li>How you think about technology differently when you are building from the ground up</li> <li>Why it’s so important to stay truthful to your mission and purpose and to focus on customers. How technology can play a role in those efforts</li> <li>Key advice to founders: who and why you are serving your customers</li> </ul>