Adam Katz, CEO and founder at Kooltra, joins the Paypod Podcast to discuss the future of FX trading. They discuss how most providers of FX and cross border payments services operate inefficiently - driving up the costs for businesses and consumers.
In this insightful discussion, Adam shares why banks struggle with outdated technology, how legacy banking systems create hidden costs, and the impact of government debt on currency volatility. You’ll learn about the true cost of FX inefficiencies, how fintech disruptors are offering better alternatives, and why AI-driven automation is the key to lowering transaction costs. Adam also breaks down the hype vs. reality of blockchain in FX, revealing why traditional finance is still reluctant to embrace digital currencies.
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Listen to the full episode here