Payments Innovation

As an entrepreneur, you don’t get many shots.  Time is a finite resource, so how do you choose where to spend your time when investing in a dream? Daren Jackson (President, CEO, and Founder of Rapid Financial Solutions) has experience in this area.  Over the years, Daren has spent time navigating regulations and complexities in the Payments world, and has come with up some do’s and don’ts for FinTech Entrepreneurs. In this episode of the Payments Innovation podcast, we talk to Daren about how he got his start in FinTech, how he’s learned to roll with the many changes in the US Payments system, and how to succeed as a FinTech Entrepreneur. Hosted on Acast. See acast.com/privacy for more information.

What if there were a better way to buy and sell rental homes without having to go through the pain of waiting until tenants moved out, letting the home sit empty for months while it sells, losing rent, maintenance costs, and property value? Hosted on Acast. See acast.com/privacy for more information.

How many bills do you have to pay every month?  If you sat down and listed out all of your bills from memory, I bet you’d miss one or two. Some bills change every month.  They can be due on different days, be for different amounts, and they can even hit you with huge late fees if you let one slip through the cracks.  It can feel like a stressful full-time job just to make sure you’re paying your bills on time every month. Steve Gordon, VP of Product at Handle Financial, was sick of wasting his time paying (and sometimes missing) bills.  Steve was instrumental in developing a platform called Prism that allows people to not only keep track of all of their bills within one place, but to pay their bills more quickly and efficiently as well. In this episode of Payments Innovation, we talk to Steve about outdated methods of tracking bills, building the Prism platform, the benefits of Prism, and how to get started with the App. Hosted on Acast. See acast.com/privacy for more information.

Regulations, compliance, identity verification, bank partnership, the list goes on. In fintech, there’s a growing list of obstacles to consider when developing your financial product. Wouldn't it be nice if you could peer into the mind of someone who’s sole goal was to solve these issues? You can. On our latest Currency Cloud Podcast, we spoke with Sankaet Pathak, CEO and Founder of SynapseFI. Sankaet’s growing company now handles these account creation issues, as well as, compliance services, bank partnerships,  fund settlement, account aggregation, risk mitigation and others. With a growing list of customers north of 150 fintech clients, Sankaet’s knowledge on the industry is profound. Hosted on Acast. See acast.com/privacy for more information.

Fact: If you have no fraud, you’re losing business. On today’s Payments Innovation podcast, Chris (Currencycloud) talks to Tedd Huff (VP of Product, GlobalOnePay) about who has the most online fraud, what makes fraud “friendly,” and where the future of fraud prevention is headed. “Online fraud on average ranges anywhere from 0.3% up to 3% of total revenues for businesses in North America,” Tedd said. It usually isn’t possible to stop a breach once it’s happened. So stopping it ahead of time is the key piece to handling fraud. Hosted on Acast. See acast.com/privacy for more information.

Doing business across borders adds complex layers to your enterprise. But moving payments into other currencies? This should be simple. That’s what we think … and that’s what our latest guest thinks. He’s built an entire business on the premise of ethical, common-sense trading. On our latest podcast, Jeff Scanlon, CEO and President of Paymentearth joined us to unravel the complexities of FX payments. Previously, Jeff worked at Ruesch International overseeing the LA Territory,  and later at Commonwealth Foreign Exchange, where he quickly topped the chart in the sales department as customers enjoyed his ethical and transparent style. After nearly 25 years in the FX industry, he and a colleague decided a better, simpler, more transparent option needed to be available to small and medium size businesses doing international payments. That’s how Paymentearth was born in July of 2016. Hosted on Acast. See acast.com/privacy for more information.

With the steady increase of Fintech start-ups, is there a sense of reliability with these financial services? How trustworthy are fintechs in general? Do they have any regulations like a bank? These are challenges that fintech companies have to hurdle, when proving to consumers that they are a reliable source. And it all starts with transparency. Joined with us today, we have financial technology expert, Rocky Motwani, president and cofounder of Jiko. We will discuss how fintechs try to become a trustworthy financial resource. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Payments Innovation! Today, Chris (Currency Cloud) is interviewing Bruce Parker (Modo Payments) about what he means when he says payment interoperability. After two decades in the software side of the payments business, Bruce has seen a lot of technology and infrastructure challenges when it comes to managing data in payments… and navigating exchange between systems and networks among all the various participants in the payments ecosystem. At Modo, he’s focused on how payment data gets exchanged—and, in particular, how to achieve interoperability. “What Modo does is connect the dots,” Bruce said. “We connect between the new and the old.” Hosted on Acast. See acast.com/privacy for more information.

Most consumers, especially next-gen consumers, don't have access to the tools they need to live healthy financial lives. They grapple with problems such as erratic cash flow, limited savings, and access to responsible credit. Banks and fintechs offer no holistic solutions. We interviewed Colin Walsh, CEO and co-founder of Varo, an app that integrates basic banking products with financial health tools. Before starting Varo out of his guest bedroom, Colin spent 25 years working in traditional financial services companies. Varo's mission is to improve the financial life of the customer. They want to merge big bank capacity with startup fintech focus to create a bank that helps people live better. Hosted on Acast. See acast.com/privacy for more information.

Money matters to small businesses. Working capital can be hard to secure when operating a small business and BlueVine is helping to change that. In our interview with Eyal Lifshitz from BlueVine, a FinTech company specializing in providing fast funding to small businesses, we talk about how they are passionate about helping customers and how their industry is evolving. Hosted on Acast. See acast.com/privacy for more information.