As someone who has spent years running tier 1 big banks, Ashok Vaswani is no stranger to the pressure and demands for incumbent banks to evolve with the change of time. While there is always much talk about digital transformation in financial services and the need to update the tech stack with emerging technologies, one thing remains true: technology is an enabler — a means to an end. “What is the problem that you are trying to solve?” In this episode of One Vision, we chat with Ashok Vaswani, President, Pagaya, on banking, innovation, and what the new year holds. As Ashok said so beautifully: “Fintech and big banks need to work together; the combination between the two is far more powerful than either one going alone.”
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