Demystify Podcast: Demystifying BIAN with Hans Tesselaar of BIAN and Saket Sinha of IBM – FinTech Futures: Fintech news 

In this latest episode of the Demystify Podcast, hosts Dave and Dharm are joined by Hans Tesselaar, Executive Director of the Banking Industry Architecture Network (BIAN), and Saket Sinha, Senior Partner and Global Vice President for Financial Services at IBM, to demystify and discuss the transformative role of BIAN in the financial industry.They introduce BIAN as a not-for-profit standards body dedicated to making the financial sector more agile, interoperable, and standardised. Through its collaborative approach, BIAN helps financial institutions and fintechs adopt modern architectures that promote seamless integration and innovation.The conversation highlights IBM’s collaboration with BIAN in addressing one of the industry’s greatest challenges: converting legacy banking systems into flexible, future-ready infrastructures. By leveraging BIAN’s common standards, IBM assists organisations in modernising their systems while maintaining operational continuity.Hans and Saket delve into the BIAN framework, often described as a “periodic table” of financial components. This framework, combined with common APIs, provides a modular foundation that empowers banks and fintechs to integrate systems and deploy innovative solutions efficiently. The analogy of the periodic table underscores the systematic and universal nature of BIAN’s components.The discussion also explores real-world applications, including how AI-driven solutions are being built on top of BIAN standards to deliver tangible benefits. Examples of embedded finance and generative AI illustrate the practical value and transformative potential of adopting these standards.Both speakers stress the critical importance of embracing common standards for efficient integration, scalability, and innovation. They also touch on the future of financial services, where advancements such as embedded finance and generative AI are poised to drive significant change.Thanks to Orama for editing this podcast. You can find out more about Orama and the services they offer here.Take a look at the full catalogue of episodes on the Dave & Dharm Demystify Podcast homepage.