Fintech One•On•One Jordan Wright, CEO of Atomic, on building a framework for connected banking
There are not many fintechs that can say they work with nine of the top ten banks in the United States. Or that they are working directly on deep integrations with the likes of Apple and Amazon. Meet Jordan Wright, CEO and Co-Founder of Atomic, who can say all those things.
While Atomic started in direct deposit switching, a now relatively mature fintech product, what they have been working on recently is truly groundbreaking technology. They have built what they call a “Payments Hub” and have implementations happening at large banks now. This will make it much easier for consumers not just to manage their recurring payments but to take action, which has been a crucial missing piece.
In this podcast you will learn:
- The founding story of Atomic.
- What they mean by building a “framework for connected banking.”
- What Jordan is most proud of that they have built at Atomic.
- What their offering looks like inside a banking app.
- Why they are reaching out to merchants and connect them one by one.
- What happens behind the scenes for their TrueAuth product.
- Why they have focused their technology on the mobile-centric experience.
- How they were able to work directly with the likes of Apple and Amazon.
- How they are engaging differently with the large banks than the fintechs.
- What the flow is like when you are opening a bank account powered by Atomic.
- How they are working with the large credit card companies.
- Why they are focused on taking action rather than just information.
- How they are using Generative AI in their products and within the company.
- How Jordan thinks this new technology will impact financial health.
- When we will start seeing payments hubs at large banks.
- What Atomic is working on in the near term future.
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