FinTech LIVE: Interview with David Palmer, CPO, Pairpoint
The flagship event of the global FinTech LIVE series, FinTech LIVE London 2024 was dedicated to inspiring and empowering C/V/D level fintech executives in enterprise organisations.
Our hybrid FinTech LIVE London 2024 event provided a dynamic and interactive online platform, allowing attendees to connect, learn, and exchange insights on the latest trends, challenges, and best practices in fintech and financial services.
Cultivating a vibrant atmosphere, FinTech LIVE London enabled fintech leaders from the UK and Europe to forge connections and delve deeper into the most pressing fintech issues facing their organisations.
Here, we recap our exclusive FinTech LIVE London interview with David Palmer, Chief Product Officer at Pairpoint.
Talk us through some of the key talking points from your panel on stage
“The conference landscape of AI is moving incredibly quickly. Some of the key talking points are about adoption challenges. Things to look forward to include regulation that's needed to provide a strong framework for adoption as well as a deeper look at data enablement for organisations.
"It’s about looking at how we get data created that allows the fintech industry to move at speed with the next phase of AI, to deliver greater customer experience and operations.”
How do you see AI evolving in the financial industry?
“Fintechs have moved very quickly. The challenger banks have moved swiftly to develop platforms that can use APIs and have bespoke customer experiences without legacy infrastructures.
"In the case of AI, perhaps legacy will play a role because some of the key factors will be trust, the ability to comply with regulations or foresee what the regulations are going to be, and the ability to handle large amounts of data as part of critical infrastructure. I think perhaps the larger banks, in terms of their ability to invest and their track record in these areas, may be positioned to be winners rather than losers.”
What goals are you looking to achieve in the future?
“We simply want to be the biggest ecosystem of connected devices enabled for fintech in the world. These devices will, alongside mobile phone users, create much of the data that will go into the AI models. The next phase and challenge for AI is the creation of data.
"So we feel that with our telco partners, with Vodafone and Pairpoint connecting other telcos, we're in a very strong position to be a key player in the creation of data going forward.”
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