Corrie Elston

Shaping Digital Finance

Dan Primack, Corrie Elston, Paul Hamill, Julie Monaco, Alfred Spector, Michael Tannenbaum

Executives from SoFi, Citigroup, Two Sigma, and Google Cloud convened to analyze the accelerating digitization of finance, contrasting the rapid speed of fintech disruption with the slower, scale-driven transformation of legacy banks. The panel highlighted how artificial intelligence and machine learning are now driving critical efficiencies in underwriting and compliance, while legacy institutions are reclassifying startups as strategic partners through open API frameworks and venture arms. Despite these technological advances, participants noted that regulatory barriers and cybersecurity concerns remain significant hurdles, even as emerging markets demonstrate the transformative potential of digital payments for financial inclusion and anti-corruption efforts.