TLDR Tech / Fintech
Legacy finance is accidentally built for AI
Finance's “outdated” infrastructure - COBOL, SWIFT/ISO/NACHA flat files, batch jobs - is actually an ideal substrate for AI. Money already moves as structured text, so AI agents can parse, translate, monitor, and augment legacy systems without ripping them out, turning digital transformation into AI “wrapping” rather than replacement. With tools from AWS, Microsoft, Oracle, and startups parsing ISO 8583 and mainframe code, AI augmentation may succeed where cloud-first modernization failed.
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