Breaking Banks

In This Episode Want to wow your family over the holidays with your fintech and banking knowledge? We offer a helpful primer for Thanksgiving table conversations as Breaking Banks' Jason Henrichs gathers with industry notables and friends Kiah Haslett, Bank Director; Alex Johnson. Fintech Takes; Jason Mikula, Fintech Business Weekly; and Mary Wisniewski, Cornerstone Advisors to talk banking turkey, give thanks, and share the nerd things they'll be talking about around their dinner tables. Happy Thanksgiving from Breaking Banks!

Open Banking US and the proposed 1033 ruling from CFPB, the impact on financial institutions and big tech. Challenges and opportunities of banking the cannabis industry. The rise and fall of Mint and Credit Karma's entry into credit cards. The problem with credit builder products and the need for better solutions. Challenges of personal financial management and the importance of integration and tools. Contrasting approaches of large and regional banks in customer relationships. Issues of data hoarding and lack of transparency by big e-tailers. Enabling financial institutions to serve the cannabis industry and the legal complexities involved.

DeAndre Jones and John Stuckey discuss the misalignment between consumer priorities and investment in innovation in the financial services industry. They emphasize the importance of listening to customer expectations and simplifying financial apps based on feedback. The episode also explores the growth of digital financial institutions, the expansion of Clear into the FinTech space, and the challenges of trust and friction in digital identity verification.

In This Episode Join Jason Henrichs as he speaks with Matt Wilcox, President, Digital Payments and Data Aggregation, Fiserv; Raja Chakravorti, Universal Access Lead, Plaid and Aly Yarris, Financial Access, Partnerships at Plaid about Open Banking today, how banks might want to approach it. Our guests give a quick lay of the land in digital finance right now, talking about data, data sharing and privacy, ownership, the importance of secure connectivity, access points and APIs, Addressing growing consumer demand to access their financial information when, where and how they want, Fiserv and Plaid recently announced an agreement to enable secure connectivity to allow consumers to do just that -- share their financial information with the third-party financial apps and services of their choice working with established connections and key infrastructure. It's an informative segment with relevancy for banks of all sizes. Then JP Nicols connects with Scarlett Sieber, Chief Strategy & Growth Officer at M20/20 to talk about themes and highlights from this year's gathering. The duo, and the event, cover a wide range of topics from AI (no surprise!) to RegTech,specifically Open or Connected Banking under the CFPBs 1033, Digital Wallets and Small Business Payments while touching upon keynotes and fireside chats with Regulators, ex-Regulators and Senators. Another epic event! Be sure to move this episode to the top of your list! https://youtu.be/0Q17TGMhl10

In This Episode This week we feature the second of a three part series focusing on fintech visionaries reimagining the future of finance.  In today's first segment, Brett King and JP Nicols are joined by Solana Cozzo, Head of Mastercard Advisors Business Development for Latin America and the Caribbean, and Mariana Franza, Chief Operating Officer at Ualá. Ualá, an Argentine fintech company, partnered with Mastercard to offer users an innovative and integrated digital experience with convenient and lower-cost services than other alternatives. Argentina has a large unbanked and underbanked population, and Uala has quite a story to tell with 5.5 million customers in 5 years and the ability to meet customers where they are and how they want to engage. It's another interesting segment in the series spotlighting the benefits of partnership and empowering partners to disrupt, revolutionize and grow with agility and speed where there is need. Smart decisions with positive outcomes. Then we travel with Brett to Kazakhstan, the ninth largest country in the world, to hear from one of their fintechs, Wooppay, and its Chief Compliance Officer, Yuliya Salekhova about what Wooppay is doing to drive innovation forward in the country. The first in mobile financial services in Kazakhstan, Wooppay has an unique place and story. Listen as Brett and Yuliya discuss Wooppay's wallet ecosystem and the future of payments. Innovators from around the world reimagining the world of finance https://www.youtube.com/watch?v=dFXypoFG4Ww

In This Episode It's Fintech on Fire, and more Hot Takes from MX's Money Experience Summit in Las Vegas. This episode features three bold panelists eager to tackle hot questions and even hotter wings! For every question and hot take, our panelists Mary Wisniewski, Editor-at-Large, Cornerstone Advisors; Neff Hudson, Trusted Leader in Transformation Change, Castle Hills Consulting, retired USAA veteran (pun intended); and Wes Hummel, CTO, MX will join host, moderator and spice aficionado Jason Henrichs in eating progressively spicier chicken wings. The discussion is hot and the sauces bring out some honest and entertaining reactions. It's another Hot Takes hot session as they look to the future and work up to MXtreme's secret sauce! https://youtu.be/ymHut7J6cIc

In This Episode In this week's episode of Breaking Banks, Brett King engages in an informative and dynamic discussion with Jonathan Anastasia, EVP, Crypto & Security Innovation, Mastercard and Mike Coscetta, Head of Revenue at Paxos Trust Company about why financial leaders should be investing in blockchain now. It's a watershed moment for stablecoins and an opportunity to extend the benefits of blockchain technology to the realm of traditional finance and everyday transactions while ensuring integrity and security for customers. The trio cover it all -- the state of the market today, the volatility, regulatory outlook and crackdown, international trends vs that in the US, growth in crypto in LATAM & other regions -- and then dive in to their partnership, Crypto Source, sharing their vision for crypto in banking, what it means for the industry and how easy it is for banks to turn on, safely and compliantly, while being in control. With banks unlocking crypto, what does it mean for the future of finance? Listen to find out, now's the time! https://www.youtube.com/watch?v=fK1pUXA_2Nw

Dr. Leda Glyptis, Tom Zschach, and Brett King join Jennifer Sertl to discuss the future of money, including the changing landscape of banking, the rise of digital organizations, the importance of adaptation and creating value, community accountability, the evolving fintech ecosystem, potential economies on Mars, and the role of technology in banking.

In This Episode This week we feature the first of a three part series focusing on fintech visionaries reimagining the future of finance. In the first segment host Brett King connects with Mariam Ogunbambi, Chief Client Officer at Engine by Starling, the technology arm of Starling Bank and Bronwyn Francis, SVP, Advisors Business Development, Mastercard. Starling Bank, as many of you know, is Britain’s first digital bank, a true fintech success story. Engine is the platform that powers Starling and is now being provided to banks globally as a Software-as-a-Service solution to help them innovate, digitally transform or launch new digital offerings in their own markets, offering the opportunity to keep up with the pace of change and chance to replicate some of the Starling Bank magic. It's an interesting first segment in this special series! Then, it's time for some more Hot Takes! This time, Fintech on Fire live from MX's Money Experience Summit in Las Vegas. We have three bold panelists eager to tackle hot questions and even hotter wings. For every question and hot take, our panelists Mary Wisniewski, Neff Hudson and Wes Hummel will join Jason Henrichs in eating progressively spicier chicken wings. These hot sauces are guaranteed to bring out some honest and entertaining reactions. It's another Hot Takes hot session! https://youtu.be/c2rTN9sQiCY

In This Episode This week we start with a special segment as we head to SIBOS 2023 in Toronto and prepare for a panel discussion for the Future of Money. We look back over 10 years, pulling clips from prior Future of Money panels, the flagship session for SWIFT Innotribe for many years. Next week we will bring you the highlights from this year's Future of Money panel. It's a two-parter, so stay tuned!  Spoiler alert: as we look back there wasn't much that the various panelists got wrong, in some cases the timing was off, but in most they were spot-on as they discussed the digitization of the banking sector and the explosion of banking through the world.   Then host Brett King connects with award-winning author and tech investor Alex Tapscott to discuss Alex's new book Web3: Charting the Internet's Next Economic and Cultural Frontier.  Referred to as an essential introduction and guide to navigating the next internet revolution, the book and discussion covers everything from the metaverse and NFTs to DAOs, decentralized finance, and self-sovereign identity. The Web and the Internet are entering a new age where individuals own their own identities and can securely trade assets like money, securities, intellectual property and art peer to peer.  Web3 promises to shake up business, it is the internet's new frontier. Enjoy the episode! https://youtu.be/MlrixyFaD2w