Fintech Takes

S6 Ep12: Workshopping Fintech Theses

Mar 27, 2024

Partners Gabby Cazeau and Emily Man discuss the future of fintech, including open banking and cash flow underwriting. They also tackle issues like combating fraud with better solutions, using AI tools in accounting, and the role of shadow banks in portfolio management. A deep dive into the evolving landscape of finance and regulatory challenges in the FinTech space.

48:28

Episode guests

Emily Man

Gabby Cazeau

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Cash flow underwriting gaining momentum with open banking rules finalized soon, but infrastructure needs extensive updates.

Complex fraud techniques require re-architected solutions like dynamic identity scores and risk-based underwriting.

AI-powered tools poised to revolutionize accounting sector, addressing inefficiencies and talent scarcity for better financial management.

Deep dives

The Rise of Open Banking and Cash Flow Underwriting

Open banking and cash flow underwriting are becoming prominent trends in the financial industry. With finalized rules for open banking expected soon, the shift towards cash flow underwriting as a replacement or complement to traditional credit scoring is gaining momentum. However, the existing infrastructure is not fully prepared for the extensive changes needed to support cash flow underwriting. From attribute development to loan origination processes, a significant overhaul is required for the seamless integration of this new underwriting approach.

Introduction

2min

Future of FinTech: Open Banking and Cash Flow Underwriting

21min

Exploring Centralized Solutions, State Pilots, and Combatting Fraud through User Experience

4min

AI Tools in Accounting and Tax Optimization

6min

Future of Technology in Finance: Private Credit and Shadow Banking

11min

Interconnectedness and Regulatory Challenges in the FinTech Space

3min

This week, Alex is joined by Gabby Cazeau (Partner at Harlem Capital) and Emily Man (Partner at Primary Ventures) to workshop some theories about the future of fintech.

With open banking rules for the U.S. being finalized this year, it’s clear that cashflow underwriting is about to have its time in the sun — do we have the necessary infrastructure in place to fully capitalize on it?

Then, Alex, Gabby, and Emily dive into the increasing concerns surrounding fraud and identity due to the rise of AI. Is there a better way to develop solutions other than playing a game of Whack-a-Mole each time problems pop up? The crew noodles on some potential solutions worth considering.

Plus, what role can LLMs play in helping to increase automation in accounting? And what the heck are shadow banks? Learn why these institutions are responsible for managing risks that regular banks don’t want to take on, and what it may mean for the way we think about underwriting and portfolio management solutions.

1:47 Workshopping Fintech Theses

2:53 Open Banking

15:28 Fraud Solutions

28:14 Accounting and Tax Automation

36:44 Shadow Banking

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Follow Gabby:

LinkedIn: https://www.linkedin.com/in/gabriellecazeau/

Twitter: https://twitter.com/gabbycazeau?s=21&t=1x8HDmFw3LAfIx3yYgYFDQ

Follow Emily:

LinkedIn: https://www.linkedin.com/in/emily-man-02a1a486/

Follow Alex:

YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos

LinkedIn: https://www.linkedin.com/in/alexhjohnson

Twitter: https://www.twitter.com/AlexH_Johnson