Core technology remains a huge challenge for the banking industry, with a majority of financial institutions still running on mainframe-based systems, because switching to other options is such a monumental task. In this episode, McKinsey payments sector expert Roshan Varadarajan speaks with Zeta co-founder and CEO Bhavin Turakhia, a serial entrepreneur and billionaire who seeks to solve this challenge for traditional banks. Zeta offers a broad array of banking technology, with a view to offering an “omnistack”—a unified stack to power a financial institution’s products on a single platform.

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