Banks Either Getting Together or Fighting, and How FIFA is Using the Blockchain for Bets

It’s finally Alex Johnson’s turn to be a guest on Bank Nerd Corner for a monthly download and recap of interesting items in the banking and fintech universe.

He and Kiah record for the first time together, in the Washington, DC, offices of Canapi Ventures, ahead of the Fintech Takes Coworking day.

In a lively conversation, we talk about banks getting together in the form of M&A, including why buyers are acting now and what it tells us about the direction of the rest of the industry.

We then discuss some fractures among banks of different sizes that are emerging from issues like the Consumer Financial Protection Bureau’s Section 1033 and the proposal to raise the deposit insurance limit for certain accounts at certain banks.

And finally, we discuss one potential use of the blockchain, which involves betting and World Cup tickets. 

Taktile⁠ is an AI Decision Platform that helps financial institutions automate and improve their risk management strategies across the entire customer lifecycle. From onboarding and credit underwriting to fraud detection and transaction monitoring, Taktile empowers risk teams to build, test, and optimize their critical decision processes, without relying on engineers. Taktile has been recognized as category leader — for four quarters in a row — in G2’s Quarterly Report for Decision Management Platforms, and is trusted by leading fintechs, banks, and insurers across the globe. The company is headquartered in New York City and has offices in Berlin and London. For more information, visit⁠ taktile.com⁠ or ⁠follow Taktile on LinkedIn⁠.

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Follow Kiah:

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

Twitter: https://twitter.com/khaslett

Follow Alex: 

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

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