Jeremy Ung, BlackLine's CTO, discusses embedded finance importance and fintech's future in a GlobalFintechSeries interview.
Ung emphasizes the need for unified systems, breaking silos, and actionable intelligence amidst rapid financial changes.
Exciting trends he mentions include AI-driven agentic experiences, embedded finance, and real-time finance activities.
Challenges for modern teams lie in data fragmentation, legacy systems, and lack of engineering resources for integrations.
Collaboration between CFOs and CTOs is crucial, focusing on common data strategies, interoperable systems, and automation.
Roadblocks to seamless integrations include legacy system incompatibility, data inconsistencies, security issues, and user resistance.
Tips for evaluating new fintech in 2025 involve defining goals, testing integration capabilities, prioritizing user experience, and iterative implementation.
AI in fintech is moving towards predictive analytics, agentic experiences, dynamic forecasting, and AI-driven natural language insights, requiring ethical AI frameworks.
Fintech's future entails less manual work and more strategic decision-making, enabled by AI and efficient data management.