17min chapter

Fintech Layer Cake cover image

Compliance 3.0, the Future of Bank Sponsorship, and Lessons from Monzo with Cable CEO Natasha Vernier

Fintech Layer Cake

CHAPTER

Building Credibility with Banks in the FinTech Space

The chapter emphasizes the significance of credibility and trustworthiness for fintech companies when engaging with banks, drawing on experiences from Monzo. It examines the evolving nature of bank-FinTech partnerships, focusing on compliance tooling and the potential implications of banks taking over compliance checks from FinTechs. The dialogue also explores the impact of AI in banking operations, discussing concerns around discrimination risks and decision-making based on flagged accounts.

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