How Community Banks Should Adopt AI

Ankur Patel interviews Carey Ransom, Managing Director at Bank Tech Ventures.<br /><br />📩 Subscribe to the Main Street AI Newsletter: https://multimodal.beehiiv.com/subscribe?utm_source=podcast&utm_medium=description&utm_campaign=podcast<br /><br />Bank Tech Ventures is a strategic investment fund backed by 125+ community banks that runs as the industry's shared R&D arm — sourcing, vetting, and connecting the technology those banks actually need. Carey argues the winners won't look like banks in five years: they'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't.<br /><br />Guest: Carey Ransom, Managing Director, Bank Tech Ventures<br />Host: Ankur Patel, CEO & Founder, Multimodal<br /><br />0:00 Introduction: Meet Carey<br />0:43 What pulled Carey into community banking<br />3:21 What makes community banks distinct<br />8:40 Inside Bank Tech Ventures<br />13:36 Who they engage with at the bank<br />17:10 The technology themes banks care about<br />21:38 How they evaluate startups<br />26:16 Advice to banks and founders<br />31:28 The reset moment<br />33:56 People vs AI agents<br />40:10 The winning bank in 5 years<br />42:45 Closing