How Community Banks Should Adopt AI

<p>Ankur Patel interviews Carey Ransom, Managing Director at Bank Tech Ventures.&lt;br /&gt;&lt;br /&gt;📩 Subscribe to the Main Street AI Newsletter: https://multimodal.beehiiv.com/subscribe?utm_source=podcast&amp;amp;utm_medium=description&amp;amp;utm_campaign=podcast&lt;br /&gt;&lt;br /&gt;Bank Tech Ventures is a strategic investment fund backed by 125+ community banks that runs as the industry&#39;s shared R&amp;amp;D arm — sourcing, vetting, and connecting the technology those banks actually need. Carey argues the winners won&#39;t look like banks in five years: they&#39;ll reimagine their operating model, own a customer segment, and start from the premise that AI can do everything until they prove why it shouldn&#39;t.&lt;br /&gt;&lt;br /&gt;Guest: Carey Ransom, Managing Director, Bank Tech Ventures&lt;br /&gt;Host: Ankur Patel, CEO &amp;amp; Founder, Multimodal&lt;br /&gt;&lt;br /&gt;0:00 Introduction: Meet Carey&lt;br /&gt;0:43 What pulled Carey into community banking&lt;br /&gt;3:21 What makes community banks distinct&lt;br /&gt;8:40 Inside Bank Tech Ventures&lt;br /&gt;13:36 Who they engage with at the bank&lt;br /&gt;17:10 The technology themes banks care about&lt;br /&gt;21:38 How they evaluate startups&lt;br /&gt;26:16 Advice to banks and founders&lt;br /&gt;31:28 The reset moment&lt;br /&gt;33:56 People vs AI agents&lt;br /&gt;40:10 The winning bank in 5 years&lt;br /&gt;42:45 Closing</p>