Why Corporates Fail at AI | Steve Monaghan, Executive Chairman, Human AI

Steve Monaghan, a pioneering leader in digital transformation and AI innovation in financial services, shares his insights on the evolving role of technology in banking. With a background spanning aviation, banking, and entrepreneurship, Steve has developed groundbreaking solutions, including the world’s first AI underwriting platform for life and health insurance. A former senior executive at AIA and DBS, he has been at the forefront of leveraging technology to drive growth and redefine industries.

Join Steve and Anthony Sar, CEO and Co-Founder of Finoverse, as they discuss the challenges and opportunities of adopting AI in large institutions, the role of startups in driving innovation, and how to build trust and foster a culture of curiosity in the age of advanced technologies.

00:00 Setting Realistic AI Expectations in Banking

05:35 Balancing Risk Management and Innovation

10:34 Building Trust in FinTech and AI

23:08 The Future of Trust in Technology

33:53 Embracing AI to Amplify Human Potential

43:59 The CEO’s Role in Driving Innovation

50:55 Overcoming Fear and Balancing Expertise

01:00:25 Newton’s Laws of Organizational Change

01:03:58 Building a Rebel Alliance for Change

01:16:38 Curiosity and Continuous Learning in Innovation

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