BIGcast

John and Glen connect with noted security expert Roger Grimes to untangle the recent developments in quantum computing and discuss why Roger believes the big encryption-obliterating breakthrough will come sooner rather than later - if it hasn’t already.    Links related to this episode:   Roger’s recent LinkedIn post on why a 2035 Quantum prep date is “insane”: https://www.linkedin.com/pulse/i-think-2035-post-quantum-preparation-date-insane-roger-grimes-yotee/ KnowBe4: https://www.knowbe4.com/ Roger’s book “Cryptography Apocalypse”: https://www.amazon.com/Cryptography-Apocalypse-Preparing-Quantum-Computing-ebook/dp/B07Z837R86/ Roger’s latest release, “Fighting Phishing”: https://www.amazon.com/Fighting-Phishing-Everything-Social-Engineering-ebook/dp/B0CSX1JC9B/   Join us for our next CU Town Hall - Wednesday January 29 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing credit unions today. Industry developments keep coming fast and furious- how many of us had China’s DeepSeek AI bombshell on their Bingo card? The CU Town Hall is the place to make sense of these items together. It’s free to attend, but advance registration is required:  https://www.cutownhall.com/  Find us on BlueSky at @bigfintech, @jbfintech and @154Advisors You can also follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Glen and Becky Reed delve into the future of cryptocurrency under the most crypto-friendly U.S. administration yet. They discuss how regulation is evolving alongside stablecoins and AI, and the importance of user education for broader adoption. The conversation highlights the interplay between traditional finance and decentralized solutions, while exploring the rising impact of stablecoins compared to giants like Visa. Additionally, they touch on the transformative potential of digital wallets and the changing landscape of financial institutions.

Anne Legg, an expert in AI policy for credit unions, joins industry leaders John and Glen to predict transformative changes for 2025. They discuss the dual nature of AI's impact, from operational efficiencies to security threats. Mergers in the financial sector are on the horizon, alongside innovative housing solutions like co-living mortgages. The panel also dives into the future of cryptocurrency and payment systems, emphasizing blockchain's role and the political landscape that influences digital currencies.

Steve Reider, President of Bancography, dives into the evolving landscape of bank branches and their declining numbers. He discusses the intriguing dynamics of branch profitability, revealing it's not just credit unions that are shrinking. The role of data analytics in strategic decision-making comes into focus, alongside a look at how cashless models can enhance banking accessibility in underserved areas. Plus, hear about the intersection of banking trends, technology, and even film critiques of AI, ensuring a thought-provoking conversation!

Join Anne Legg from Thrive Strategic Services, an expert in credit unions and fintech, alongside her esteemed panel. They tackle major trends shaping the financial landscape, discussing significant mergers, AI's role in cyber fraud, and the alarming rise of ransomware attacks. Delve into the implications of remote work on loneliness and the evolving nature of consumer behavior, especially with the rise of side hustles. Get insights into the challenges credit unions face and explore the humorous side of mergers with concepts like 'Merger Tinder'!

Keith Riddle, the General Manager of Payfinia CUSO, shares insights on the future of instant payments. He discusses the innovative strategies being implemented to streamline these services for credit unions. The conversation dives into the latest FedNow data, revealing surprising trends in transaction volumes. Keith emphasizes the importance of fraud mitigation as adoption grows and highlights the challenges credit unions face in enhancing their digital banking capabilities. Join this fascinating exploration of the evolving payment landscape!

Blesson Abraham, Co-founder and CEO of Aviary AI, and Danial Jameel, Founder and CEO of Saris AI, dive into the transformative role of AI within fintech. They discuss how their companies are enhancing financial services for institutions, improving member engagement, and increasing operational efficiency. The conversation reveals unique insights from the VentureTech conference, highlighting the importance of consumer education and the shift toward B2B models in financial technology. Expect some entertaining anecdotes and a sneak peek into the future of AI in finance!

Continuing our annual tradition, John and Glen glide through a fintech wonderland with Anne Legg (Thrive Strategic Services) and John Janclaes (Nymbus CUSO), sharing thoughts on things they’re thankful for across our collaborative community- from the expected (AI, the innovative spirit) to the counter-intuitive (fraud levels, fintech funding).      Links related to this episode:   THRIVE Strategic Services: https://www.anneleggthrive.com/ Nymbus CUSO: https://www.nymbus.com/cuso/ BIG’s Innovation Club: https://www.big-fintech.com/Innovation-Club/Technology Open AI’s Sam Altman discusses the prospects for Artificial General Intelligence (AGI) in 2025: https://www.youtube.com/watch?v=xXCBz_8hM9w After our podcast discussion of real time payments, the Fed issued its first data on FedNow volumes: https://www.frbservices.org/resources/financial-services/fednow/quarterly-volume-value-stats   Join us for the next CU Town Hall on Wednesday December 11 at 3pm ET/Noon PT for a live and lively interactive conversation tackling the major issues facing CUs today. It’s free to attend (credit union employees might even win a door prize!), but advance registration is required:  https://www.cutownhall.com/  Find us on X at @bigfintech, @jbfintech and @154Advisors You can also follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Freshly back from the VentureTech conference, Glen shares interviews with Launch Party winner Ribbon and main event standout Wysh- plus plenty of key takeaways from investors, regulators, entrepreneurs and their prospective credit union partners.     Links related to this episode:   Ribbon: https://www.trustribbon.com/ Wysh: https://www.wysh.com/ VentureTech: https://myventuretech.com/ Our recent interview with Further/Union Credit: https://www.big-fintech.com/Media?p=digging-further-at-finovatefall Glen’s blog on Money 20/20 key takeaways: https://www.big-fintech.com/Media?p=money-2020-takeaways-gen-ai-open-data-and-a-cloud-of-dust   Join us for the next CU Town Hall on Wednesday November 20 at 3pm ET/Noon PT for a live and lively interactive conversation tackling the major issues facing CUs today. In this session we'll explore likely impacts for credit unions and fintechs from the recent election outcome, including shifts in the regulatory environment. It’s free to attend (credit union employees might even win a door prize!), but advance registration is required:  https://www.cutownhall.com/  Find us on X at @bigfintech, @jbfintech and @154Advisors You can also follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Round 2 of our Money 20/20 highlights includes Glen’s interviews with a trio of founders- Andre Vellozo of DrumWave and Brittany Kaiser of the Own Your Data Foundation about a model allowing consumers to control and monetize the data they generate, and Eli Wachs of Footprint about combating fraud by whitelisting the good guys. Also- Bitcoin blows up and Cap One/Discover makes a comeback.    Links related to this episode:   Footprint: https://onefootprint.com/ DrumWave: https://drumwave.com/ Glen’s blog on Money 20/20 key takeaways: Part 1 of our Money 20/20 coverage, including interviews with Paze and Eisen: https://www.big-fintech.com/Media?p=onboarding-and-offboarding-at-money-2020 Part 2 of our Money 20/20 coverage,Gen AI, Open Data and a Cloud of Dust: https://www.big-fintech.com/Media?p=money-2020-takeaways-gen-ai-open-data-and-a-cloud-of-dust McKinsey’s Digital Payments Survey: https://www.mckinsey.com/industries/financial-services/our-insights/banking-matters/state-of-consumer-digital-payments-in-2024 “The Great Hack” documentary, featuring whistleblower Brittany Kaiser (now of DrumWave): https://www.youtube.com/watch?v=iX8GxLP1FHo The Innovation Club, curated by John Best of BIG: https://www.big-fintech.com/Innovation-Club/Technology   Join us for the next CU Town Hall on Wednesday November 20 at 3pm ET/Noon PT for a live and lively interactive conversation tackling the major issues facing CUs today. It’s free to attend (credit union employees might even win a door prize!), but advance registration is required:  https://www.cutownhall.com/  Find us on X at @bigfintech, @jbfintech and @154Advisors You can also follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/