“Every bank that builds an app will have to deal with trust, and trust around AI and the AI models they deploy. The core cybersecurity of their asset, their customers’ data…if there is a real currency of the next 10 years, (it) is how diverse and inclusive your teams are that are building all these technologies – gender diversity, ethnic diversity – because there is no protection against unconscious bias other than diversity,”

Stating that the last decade saw emergence of the aggregators, he asserted that aggregators are not enough alone. “We need to ensure that digital interventions lead to broadening of productivity.”