As the financial services industry embraces digital transformation through mobile banking and data connectivity, Fintech is reshaping finance and empowering consumers to take control of their financial lives. This has led to increased financial literacy levels compared to previous years. In 2021, Fintech startups raised over $120 billion, highlighting their growing importance. However, the Fintech industry also faces unique testing and quality assurance challenges, particularly with regard to regulatory compliance and security requirements.
In today's episode, we are excited to have Cathy Hsu, Founding Product Manager of Lead Bank, share her experience in the Fintech industry. Cathy's background is diverse, spanning software engineering, finance, and business. Prior to joining Lead Bank, the industry-leading banking-as-a-service partner for Fintechs, she worked as a product manager at Squar. Cathy believes that the key to bringing about real change is to embrace a proactive approach to risk-taking, rather than avoiding it or simply accepting the status quo. By understanding the risks involved, we can take control of them and leverage technology to mitigate them effectively. Join us in this episode as Cathy discusses the common pain points she has observed across Fintechs over the last 5 to 10 years.
In this episode of Startup Island Taiwan Podcast, you will find out:
☛ What is the underline in finance?
☛ The primary use case for blockchain technology in its early days was cross-border transactions
☛ Two pain points across fintechs to integrate with banks
☛ Cathy's perspective on the future evolution of Fintech
☛ The conflict between the technology, finance, and legal teams in Fintech companies
Host: Uly
Guest: Cathy Hsu, Founding Product Manager of Lead Bank
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Directed by National Development Council
Produced by Meet Global by Business Next Media
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