307. News: Tinder for banking

Mar 25, 2019

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This week we have some great stories for you as David and Jason are joined by two great guests:

Caroline Plumb, CEO of Fluidly
Simon Balmain, Operations and Community Specialist at Monzo

We kick off the episode by taking a look at WorldPay selling to FIS and changing its tech stack. The group comments that it's not a modern way to approach tech stack spending, it's an oldschool way of doing things and 600M is a large amount to spend over 6 years to maintain technology (02:36).

Next up, we talk about Barclaycard bringing Alipay payments to UK retailers. There are some suggestions that this could mark the beginning of the end from the panel but they also wonder who the first adopter will be and Jason, for one, welcomes our new overlords (08:52).

We spoke to Tao Tao, Alipay's Business Development Director to find out more (13:15).

We also talk to our 11:FS Americas MD Sam Maule to get a US insight into why 21% of Americans have no savings (:).