Innovation Talk with Michael Chan, CEO of Zand Bank

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Innovation Talk with Michael Chan, CEO of Zand Bank

Zand, the AI-powered bank for the digital economy and first fully licensed all-digital bank in the United Arab Emirates.

In a engaging conversation with Sriranga Sampathkumar, VP and General Manager at Infosys Finacle, Michael Chan, CEO of Zand Bank, shares insights into the bank's formation and its pivotal role in bridging TradFi and DeFi. He elaborates on Zand’s future vision, significant milestones, and its transformation from a fintech digital bank to an AI-led digital bank. Michael further explores the evolution of Zand’s cloud strategy, the criteria for selecting a cloud partner, and the compelling reasons driving banks toward cloud adoption.

“Most of the people who has an understanding of the cloud because of the data security, data privacy, and then the scalability whether it can be under your control, when you have everything on the cloud.”

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Banking on Cloud

This report from Infosys Finacle delves into the need for accelerating cloud adoption, highlights the current state of the industry, and puts forth key recommen