Podcast appearances and mentions of dominic venturo

As financial institutions navigate an increasingly complex digital landscape, they face the dual challenge of driving innovation while maintaining the security and reliability that customers expect. Dominic Venturo, Senior Vice President and Chief Digital Officer at U.S. Bank, has been at the forefront of US Bank's digital transformation, helping his organization develop resilient systems that not only respond to change but anticipate it. As part of the Executive Leadership Series, sponsored by Naehas and recorded live at the Financial Brand Forum, our conversation explores how modern resilience in banking has evolved beyond disaster recovery to become a dynamic capability that enables personalization, real-time engagement, and proactive risk management. This episode of Banking Transformed is sponsored by Naehas Naehas provides financial institutions with a centralized platform to efficiently manage product creation, pricing strategies, compliance, and disclosures. By automating complex processes and integrating advanced governance tools, Naehas significantly reduces operational risk and accelerates execution. Trusted by 6 of the 10 largest U.S. banks, our solution supports top-tier institutions in delivering precise, compliant offers with speed and accuracy. ⁠https://www.naehas.com/?utm_source=financialbrand&utm_medium=referral&utm_campaign=Banking_Transformed_podcast

As we enter the holidays, we are sharing our most popular podcasts we did in 2021 that do a great job of setting the stage for 2022. In this Banking Transformed podcast from last April, we interviewed Dominic Venturo, senior executive vice president and chief digital officer at U.S. Bank. Dom shares ways that US Bank leverages innovation and modern technologies to improve customer experiences, increase efficiencies, and compete with fintech and big tech competition. More importantly, he discusses how important leadership and culture are to the success of digital transformation at banks and credit unions. This Episode of Banking Transformed is Sponsored by Microsoft: See how Microsoft can help to unlock new opportunities at speed through innovative business models, deliver differentiated customer experiences across channels, products and services, and redefine new ways of working. More at Microsoft.com/financialservices

This month we are recognizing the short-listed nominees for Visionary of the Year by revisiting our inspirational conversations with them abou ttheir work, their careers and how they are driving transformative change within their organizations and society. From the C-Suite to the up-and-coming disruptors, these are the leaders intent on blazing new paths, discovering inventive solutions and powering the future. Enjoy these highlights from our conversation with them through the year. Visit www.venturefuel.net to learn more.

Dominic Venturo, the Chief Digital Officer at US Bank, has worked on the product innovation side of banking for more than 20 years and is one of the leading champions of corporate innovation. We talk about nimble processes to seize on seismic shifts, the importance of patience when moving fast, the potential for universal digital IDs and the future of banking and payments. How you will begin to pay and bank automagically.

The inaugural episode of Search Terms explores how years of prototyping, big bets, and fast failure provided the small business community with the resources to digitize their points of sale and payments almost instantly during the COVID19 pandemic—and what that means for businesses and consumers on the verge of a re-opened economy. This episode is presented by US Bank as part of its Side x Side series, which digs into the social, economic, and financial gaps that persist in America, and how they relate to class, race, and gender. You can follow or subscribe to the series wherever you listen to podcasts by searching Side x Side with U.S. Bank or visit sidebysidewithusbank.com. Episode Credits: Host: Chris Cona Guest: Dominic Venturo, Senior Executive Vice President and Chief Digital Officer of US Bank Executive Producer: Jane Garcia Buhks Produced by Ginni Media WIRED Brand Lab is a creative studio from the publisher of WIRED. You can learn more at www.wiredbrandlab.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

The inaugural episode of Search Terms explores how years of prototyping, big bets, and fast failure provided the small business community with the resources to digitize their points of sale and payments almost instantly during the COVID19 pandemic—and what that means for businesses and consumers on the verge of a re-opened economy. This episode is presented by US Bank as part of its Side x Side series, which digs into the social, economic, and financial gaps that persist in America, and how they relate to class, race, and gender. You can follow or subscribe to the series wherever you listen to podcasts by searching Side x Side with U.S. Bank or visit sidebysidewithusbank.com. Episode Credits:  Host: Chris Cona  Guest: Dominic Venturo, Senior Executive Vice President and Chief Digital Officer of US Bank Executive Producer: Jane Garcia Buhks Produced by Ginni Media WIRED Brand Lab is a creative studio from the publisher of WIRED. You can learn more at www.wiredbrandlab.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

More than at any time in the past, the largest banks in the U.S. have capitalized on their customers’ increased willingness to use digital financial services. U.S. Bank, the sixth largest bank in the country, has been one of the leaders in going beyond the basics in digital banking transformation. From streamlining new account opening and onboarding processes, to creating new ways to manage finances across channels, U.S. Bank combines innovation, modern technology and a focus on the customer experience to change the way people bank. Today’s guest is Dominic Venturo, senior executive vice president and chief digital officer at U.S. Bank. He discusses many of the ways that U.S. Bank has leveraged the recent changes in consumer behavior to increase efficiency and grow revenues. This Episode of Banking Transformed is Sponsored by Microsoft: See how Microsoft can help to unlock new opportunities at speed through innovative business models, deliver differentiated customer experiences across channels, products and services, and redefine new ways of working. More at Microsoft.com/financialservices

“Disrupt-It-Yourself” author Dr. Simone Ahuja joins U.S. Bank Chief Innovation Officer Dominic Venturo to talk about intrapreneurs – the people who are part of large organizations but think and act like entrepreneurs. This episode kicks off the second season of the U.S. Bank Podcast, which will explore how the fast pace of innovation in society today is changing the skills needed to succeed in the economy tomorrow.

Dominic Venturo is executive vice president and chief innovation officer for U.S. Bank. In this role, he leads a team of visionaries who see potential in emerging technology or business models and adapt those to fit customer needs as they understand them today or how they envision them in the future. Mr. Venturo’s team develops new products, sets the strategy for emerging innovations in financial services and creates the environment within the bank through which these innovations are tested, adjusted and brought to market. Mr. Venturo is frequently featured as a keynote speaker at industry conferences and has been recognized by Bank Innovation as a Top Innovator in Financial Services (#3, 2013), Bank Systems & Technology as one of “Elite 8” CIOs (2012), Twin Cities Business Magazine as one of “200 Minnesotans You Should Know” (2011), “Bank Technology News as “Mobile Banker of the Year” (2011) and as “Top 10 Innovator” (2009) and by Paybefore Magazine as a “Top 5 Innovator” (2011). Mr. Venturo’s team has delivered industry-leading innovations since 2008 that have earned numerous accolades in the media and awards. Voices of Customer Experience is brought to you by Worthix: www.worthix.com Follow Worthix on LinkedIn: https://www.linkedin.com/company/worthix/ Follow Worthix on Twitter: @worthix Follow Dominic Venturo on LinkedIn: https://www.linkedin.com/in/dominicventuro Follow Dominic Venturo on Twitter: @innov8tr Follow Mary Drumond on LinkedIn: https://www.linkedin.com/in/marydrumond/ Follow Mary Drumond on Twitter: @drumondmary

Dominic Venturo, chief innovation officer at U.S. Bank, shares his vision for digital banking ten years from now. It includes ambient computing – interconnected devices, machines and sensors that are sensitive and responsive to the presence of people.

Before we jump into this week's interview, I just wanted to let you in on a little housekeeping news. Last summer, Digiday Media announced the acquisition of Tradestreaming, a new vertical that was devoted to the big story of how finance was changing with the advent of digital and technology. Now, we’re proud to announce a relaunch of our finance publication as Tearsheet at www.tearsheet.co We are renewing the focus of our coverage with an area we’ve found has resonated with our audience: How people’s relationships with money are changing, and how this affects legacy institutions in the banking, investing, payments and venture capital industries. This week on the Tearsheet Podcast, you'll hear from U.S. Bank's Chief Innovation Officer, Dominic Venturo. Dominic describes what's prompting banks to innovate and how U.S. Bank approaches innovation and judges its own success, including his team's KPIs. You'll also hear his take on whether the senior innovation role is just a flash in the pan or will be a key part of banking leadership out into the future. You can get this episode of the podcast, as well as over 140 previous episodes in our archive, at our website, www.tearsheet.co If you get value out of these episodes, please take a minute to rate us on iTunes. Doing so, helps other people find us. We're also available on SoundCloud. Also, if you're not signed up for our newsletter, subscribe now. 10,000 industry professionals read our Tearsheet newsletter every week to explore the impact technology is having on the financial services industry. Go to http://www.tearsheet.co/subscribe and signup.

Dominic Venturo, CIO of US Bank Visiting Dominic Venturo is a little like walking onto a James Bond movie set during the Q gadget briefing scene. There is a wonderful "wow" factor in encountering the most fascinating new technologies in banking. The title "CIO" used to mean Chief Information Officer. It still does, of course, but today that "I" increasingly stands for another word too:  innovation. Dominic Venturo, the Chief Innovation Officer of U.S. Bank, reflects a growing trend of banks assigning specialized leaders to spearhead their work in innovative technology. U.S. Bank actually took this step long ago. As we learned in Episode 12 with CEO Richard Davis, this is the country's fifth largest bank, and its focus on innovation caused them to name Dominic for this role eight years ago. In fact, he was such an early user of Twitter that he got the extremely cool handle @innov8tr (be sure to follow him on Twitter - he's one of my favorites). I always love hearing the backgrounds of our podcast guests, and especially noticing how they break down between people with financial backgrounds, and people with anything but.  Dominic is a career banker with 16 years at U.S. Bank and 26 years overall in financial services product development and management, commercial risk management, commercial lending and sales management. He talked with me about how he's complemented that background with a wide mix of the other skills. He has 25 people, including many who, as he says, probably "spent a lot of time in the principal's office." In our conversation, he talks about how to make these trouble-makers highly productive and more broadly about the "art" of making great innovation happen inside a big company.  There's a lot of conventional advice about that challenge, including the need to wall-off the innovators. Dominic agrees with that, and also emphasizes that innovation must be a full-time job - he thinks it's delusional to imagine that part-time people will somehow stay on top of today's tech trends by catching up on their reading backlog after hours. At the same time, he talks a lot about how to keep innovation focused on the practical. One key, he says, is that "innovation loves constraints." Another is not to start with an abstract white board session, dreaming up brilliant solutions in search of problems, but rather to focus on finding the real problems that need to be solved - especially problems impacting the customer. When you do that, your bank will usually want them, even if implementation is going to take some work. At the same time, though, the practical focus has to be balanced with imagination and vision. Dominic's group tries to look 3-5 years ahead in thinking about the bank's operations, and at how people are behaving differently and doing jobs differently. They brainstorm trends and find the insights that will reshape markets and technologies. One key to getting this balance right is to set up new kinds of success metrics. Dominic discusses the dissonance between bank cultures built to keep risks and failures extremely low, versus innovation that requires trying a lot of things that will fail.  Financial companies need new ways to keep score. Our conversation also covered the downside risks that innovation creates for consumers; his thoughts on how regulation impacts innovation; and his advice on how to keep up with technology change. As I mentioned in my year-end wrap up, I always advise bankers to attend some fintech conferences. Dominic shares his list of favorites, including Finovate, Bank Innovation, and SXSW (I'll see you there this year, and also check out my end-of-year interview with Chuck Harris of Netspend for my own list of suggestions, including Emerge). We also got Dominic's recommendations for fintech trend-watching: Wall Street Journal Personal Tech, TechCrunch, and qz.com. And last but not least, again, I recommend following him on Twitter for cutting edge insight on tech trends, mixed with humor, such as on much needed respites from the content overload. Dominic's background: A few highlights on Dominic's background. He is frequently featured as a keynote speaker at industry conferences and has been recognized by Bank Innovation as a Top Innovator in Financial Services (#3, 2013), Bank Systems & Technology as one of "Elite 8" CIOs (2012), Twin Cities Business Magazine as one of "200 Minnesotans You Should Know" (2011), "Bank Technology News as "Mobile Banker of the Year" (2011) and as "Top 10 Innovator" (2009) and by Paybefore Magazine as a "Top 5 Innovator" (2011). He also serves on the board of directors of the Minnesota Community and Technical College Foundation. He earned a bachelor's degree in finance from Oregon State University and is a graduate of the Pacific Coast Banking School at the University of Washington Graduate School of Banking. The Q Factor: In our discussion, Dominic shares examples of innovation successes at U.S. Bank, including "advances in mobile payments, voice bio-metrics, tokenization and integrated mobile and web commerce solutions." As often happens, though, I found that our discussion got even more interesting after we turned off the microphone. He showed me an amazing product demo that's still embargoed but that really wowed me. And we talked about the Internet of Things. And then, he admired my iPhone 6s - we met just after they came out, and I'd gotten one before he did. He started talking about the Live Photo tool, which he described as "Harry Potter feature."  As often happens with me, I had a cool feature on my phone without even realizing it. So we recorded a little bonus feature as he showed me how to make a photo animation that looks a bit like the living portraits in Harry Potter's world. These are fun, as is my Google Photo tool dreaming up little animations for me using the photos I've taken. If you have Live Photo and don't know how to use it, here it is.  Enjoy my conversation with Dominic Venturo. If you enjoy our work to bring together thought provoking ideas and people please consider a contribution to support the site. Support the podcast Please subscribe to the podcast by opening your favorite podcast app and searching for "Jo Ann Barefoot", or in iTunes.    

Richard Davis grew up in Hollywood and entered the banking world on his 18th birthday as a teller. Today, at age 57, he leads America’s 5th largest bank as Chairman and CEO of U.S. Bancorp – parent company of U.S. Bank. Headquartered in Minneapolis, U.S. Bancorp has over $410 billion in assets and businesses across the United States, Canada and Europe, including over 3,000 full-service banking offices and 5,000 ATMs in 25 states. This traditional bank model is now also the foundation for active innovation. U.S. Bank appointed its Chief Innovation Officer, Dominic Venturo, a decade ago (I highly recommend following Dominic on Twitter @innov8tr). They are active in payments technologies, and the holding company owns Elavon, which recently opened a mobile innovation center in Atlanta called “The Grove” focused on “new technologies that enable merchants to accept payments via mobile devices while also ensuring the ease of use and safety of the transaction from the customer’s perspective.” Richard’s leadership earned praise through the financial crisis and its aftermath, including being named “2010 Banker of the Year” by American Banker. The father of three adult children and with three grandkids, he is highly active in civic efforts and philanthropy, including serving on the boards of the Twin Cities YMCA, Minneapolis Art Institute, University of Minnesota Foundation, and National American Red Cross, among many others. He has been the recipient of the President’s Lifetime Volunteer Service Award, while U.S. Bancorp and its employees earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. The company also received the 2013 Freedom award, the U.S. Department of Defense’s highest award for employers for supporting employees who serve in the National Guard and Reserve. In 2011 Richard received the Henrickson’s Award for Ethical Leadership. In 2015, U.S. Bank was named as a World’s Most Ethical Company by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices. In my conversation with Richard, he wove together all these themes of business, innovation, and ethics. More than any of our guests thus far, he voices a full-throated faith in the future of retail bank banking -- including branches in lower-income communities. At the same time, he speaks thoughtfully about the need for innovation in the branch and beyond (while warning against falling in love with every new idea).   He also offers concrete advice for regulators on how to assure that innovation can flourish. And he talks inspiringly about the need for banks to rebuild the public’s trust in them, one customer at a time. He says customers are “the banks’ to lose,” and that, “If it’s good for the industry, it is probably worth doing.” Richard’s perspective is an invaluable contribution to our search for better consumer financial solutions. Speaking from the vantage point of a lifelong banker at the helm of one of America’s largest and most successful banking companies, he shares his thinking about what to keep and what to change, as the industry and its customers face continuous change. For more on U.S. Bank, click here. Enjoy Episode 12 You can subscribe to the podcast on iTunes or by opening your favorite podcast app and searching for "Jo Ann Barefoot".