{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"START","title":"START: Charu Sharma & Michael Mernagh, Co-founders, Fenrock AI: “The First AI Workspace for Banking Back Office”","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/6b90ab37\"></iframe>","width":"100%","height":180,"duration":784,"description":"99% of U.S. banks aren't JPMorgan.\nAll of them are regulated like it.\nThe bottleneck isn't serving customers.\nIt's everything that happens after.\nLoans.\nCompliance.\nFraud investigations.\nCustomer operations.\nThe work keeps growing.\nHeadcount doesn't.\nJPMorgan has tens of thousands of analysts.\nA community bank has a handful.\nThat's the gap Fenrock AI is closing.\nFenrock is building the first AI workspace for the banking back office.\nBuilt alongside U.S. bank CEOs.\nDesigned for banks.\nOne workspace for all of it.\nAI gathers the information.\nOrganizes the evidence.\nDrafts the analysis.\nPrepares the report.\nThe analyst reviews.\nThe analyst decides.\nNo rip-and-replace.\nNo data migration.\n \nJust an AI workspace embedded into existing workflows.\nEvery action is documented with bullet-proof audit logs.\nBuilt-in regulatory guidance.\nReporting designed for examiners and boards.\nAn analyst clears about 10 alerts a day.\nFenrock is built for 20x that.\nNot by replacing people.\nBy giving them capacity they've never had.\nBanks process more.\nPass their exams.\nImprove efficiency ratios.\nAnd keep serving the communities that depend on them.\n🎙️ Charu Sharma & Michael Mernagh, Co-Founders, Fenrock AI on Fondo START pod\n01:16 — Fenrock AI's vision: AI agents for the banking back office01:57 — Customer discovery leads from financial crime to banking compliance 02:33 — Why small and midsize banks became the focus 03:02 — Charu's early life and the experience that shaped her resilience 03:52 — Building multiple startups before founding Fenrock 04:18 — Michael's background building privacy-preserving machine learning at Apple 05:07 — Finding the right co-founder and choosing a long-term mission 06:03 — Pivoting the company and using YC to accelerate execution 07:37 — How YC raised the team's ambition and execution speed 08:36 — Building the first AI workspace for the banking back office 09:17 — Helping small banks meet regulatory expectations with AI 10:24 — Human-in-the-loop workflows,...","thumbnail_url":"https://img.transistorcdn.com/q-E1hh7K6IS4AfZiNy2p4MYVGcUOO8lQP92h8QbOEOA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80NzVj/MDEzNjkxNjU1N2Uy/NDFhMDQ3M2ZhNWI3/NWY0MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}