In this episode of The Connectivity Cloud Podcast with Cloudflare, host Mark Dembo is joined by Stephanie Cohen, Chief Strategy Officer at Cloudflare, to discuss how traditional banks and financial services firms can modernize securely, stay ahead of compliance requirements, and maintain trust in an increasingly digital economy.

What You’ll Learn
– How traditional banks can turn regulatory compliance into a competitive advantage while driving innovation
– The framework for successfully modernizing legacy infrastructure while maintaining business continuity
– How AI is transforming financial services
– Why human relationships remain crucial in banking despite increasing automation
– The three-part strategy for financial institutions to evaluate and partner with technology vendors
– How banks can maintain a competitive edge against fintech disruptors while leveraging their established trust and scale

Stephanie Cohn is the Chief Strategy Officer at Cloudflare, bringing over two decades of financial services expertise to the technology sector. Before joining Cloudflare, she spent 25 years at Goldman Sachs, where she rose from M&A analyst to Global Head of Platform Solutions and served on the management committee. As CSO at Cloudflare, she leads strategic initiatives spanning network infrastructure, developer platforms, and go-to-market strategy while maintaining deep connections with the financial services industry.

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Episode Highlights

[00:00] – Intro
[04:51] – Challenges of Digital Transformation in Banking
[07:19] – The Future of Banking
[10:33] – Fintech, API-First, and Crypto Disruption
[13:06] – Innovating Within Regulation
[19:41] – Avoiding Common Modernization Mistakes
[23:46] – How AI Will Transform Financial Services

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