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Andrew Spence
Economist and industry veteran who has worked at major Canadian banks and authored the book Fleeced, providing analysis of bank fees, competition, and economic impacts during the interview.
Best podcasts with Andrew Spence
Ranked by the Snipd community
Dec 16, 2024
• 38min
You won’t believe how badly your bank is fleecing you
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In this enlightening discussion, Andrew Spence, author of "Fleeced: Canadians Versus Their Banks," reveals the shocking truths about the Canadian banking system. He exposes how a lack of competition leads to sky-high fees for essential services compared to global standards. Spence highlights the struggle against the dominance of the Big Six banks and the barriers faced by innovative fintech companies. He also shares insights on how real-time payment systems could revolutionize banking and provide fairer options for consumers and small businesses.
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