Tom Stafford, Managing Partner at DST Global, recently spoke at MoneyConf about what a global bank should look like. Stafford began the discussion by stating that technology is changing how we think about banking and transforming the banking industry.

Stafford highlighted the need for traditional banks to adapt to the new landscape of technology and innovation, saying, “There is no question that digital banking is coming. I think we need to be thoughtful about what that means and start thinking about what the bank of the future will look like.”

According to Stafford, the bank of the future will be a global platform that can provide access to all financial products and services. He said that the bank of the future would have an open architecture that could support multiple third-party providers, and it would be able to offer personalized financial advice and recommendations.

On today’s current VC landscape, “Most companies are trying to avoid raising this year if they possibly can – which is a mistake in my view.” DST Global’s Tom Stafford tells @technology’s @IvanLevingston #BloombergTech pic.twitter.com/EpQuxPGXf4

— Bloomberg Live (@BloombergLive) September 28, 2022

Stafford believes that the key to building a successful global bank is to have a deep understanding of customers’ needs and to be able to offer them the products and services they need at the right time. He stated, “The future bank will need to understand what customers want when they want it and how they want it delivered.”

Stafford also discussed the importance of cybersecurity in the banking industry. He believes that cybersecurity is a critical issue that banks must address to ensure the safety and security of their customer’s financial data.

Stafford said that DST Global is working to support companies that are building the bank of the future. He said that DST Global is focused on investing in companies using technology to disrupt the banking industry and create new and innovative financial products and services.

In conclusion, Tom Stafford of DST Global believes that the bank of the future will be a global platform that can provide access to all financial products and services. He believes that the key to building a successful global bank is to have a deep understanding of customers’ needs and to be able to offer them the products and services they need at the right time. Stafford believes that technology is changing the way we think about banking and is transforming the banking industry, and DST Global is working to support companies that are building the bank of the future.