Fintech Insider Podcast by 11:FS

What has 200 billion lines, is used by 43% of banks, and pretty much drives the global financial system?It's the subject of today's Fintech Insider Insights, as our expert hosts, 11:FS CEO David Brear and CTO Ewan Silver, come together to discuss all things COBOL, or Common Business Oriented Language.They look at how COBOL became the pre-eminent choice of the global banking system, if it's still fit for purpose in today's world, and the challenges of migrating away from COBOL.And if you find this episode interesting and decide you want to learn more, you can check out our Decoding: Banks series on YouTube - I think you’ll love it.---------------------------------------Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.If you enjoyed this episode, don't forget to subscribe and please leave a reviewFollow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover the latest in fintech news as Capital One eyes a $35 billion takeover of Discover. Delve into partnerships like OpenPayd and TrueLayer's collaboration and Rothschild's expansion into Saudi Arabia. Uncover the drama between Santander and Nationwide over a TV ad, and explore Monzo's valuation in a new funding round.

Our panel of Fintech Insider hosts - Kate Moody, Rachel Pandyan and David Barton-Grimley - get together and scour the internet for the most asked questions about fintech... and attempt to answer them.From 'what is fintech?' to 'how to nail a fintech interview', they discuss all the stuff you probably never asked but wish you had. So whether you are a fintech professional or you've never worked a day in finance, this podcast is your 101 in fintech FAQs.This week's panel: Kate Moody, Strategy Director at 11:FS Rachel Pandyan, Venture Product Lead at 11:FS David Barton-Grimley, Fintech Strategy Director at 11:FS ---------------------------------------Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, Wise and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.If you enjoyed this episode, don't forget to subscribe and please leave a reviewFollow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

Our expert host Benjamin Ensor is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week.Stories include Revolut's launch of eSims to combat expensive data roaming charges, new research from Lightyear which shows over £1 trillion of Uk deposits are being stashed in low-interest accounts, and would you date someone based on their credit score? Well you're in luck, because Score is a brand new dating app exclusively for singletons with good credit.This week's guests include: Nadine Timmer-Bodenstein, Ventures Product Lead at 11:FS Martin Sokk, CEO & Co-Founder at Lightyear Fliss Berridge, Director & Co-Founder at Ordo We cover the following stories from the fintech and financial services space: The European Parliament authorises new regulations for new 'ten second transfers' (06:36) More than £1 trillion of UK deposits are in low-interest savings account, according to new research (20:16) Pan African Payment and Settlement System (PAPSS) Expands into North Africa (34:40) Revolut tackle data roaming charges with their new eSim (43:47) Australia's Craggle releases an AI tool for refinancing home loans (56:43) Neon Money Hub launch Score, a new dating app for people with good credit (58:42) ---------------------------------------Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.If you enjoyed this episode, don't forget to subscribe and please leave a reviewFollow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

Our expert host Kate Moody is joined by some great guests to talk about The Great Wealth Transfer.As Baby Boomers pass on an estimated $84 trillion of wealth, they discuss how the products and services to support Millennials will differ, how this may impact established wealth management institutions, and ask how will this change the wealth management landscape in the future?They also take stock of where the industry currently is and how well equipped, or not, it is to deal with the challenges that lie ahead AND they discuss some of the broader trends in this space to understand what needs to be done and how.This week's guests include: Daniel Hegarty, Founder & CEO at Communion Antoinette Rodriguez, President at MarFi Advisors and Chairwoman at Financial Advisor Magazine’s Invest In Women ---------------------------------------Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.If you enjoyed this episode, don't forget to subscribe and please leave a reviewFollow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

Our expert host Benjamin Ensor is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week, including Yapily and Ant Group bringing Commercial VRPs to Europe, new research from Wise highlighting the impact of junk fees, and Airwallex are getting into Formula 1.PLUS, do you think you could be fooled by a deepfake? Get ready for a mind-blowing scam that cost one bank $25m...This week's guests include: Valentina Kristensen, Director of Growth & Communications at OakNorth Roland Selmer, CPO at Yapily Rina Wulfing, Senior Policy Lead for North America at Wise We cover the following stories from the fintech and financial services space: Ant International and Yapily Launch Europe’s First Commercial Variable Recurring Payments (VRPs) for e-Commerce (04:35) Research from Wise highlights the widespread consequences of junk fees on American consumers (18:35) Airwallex race into partnership with Formula 1 team McLaren (33:36) Australian payments firm Fat Zebra buys open banking outfit Adatree (46:30) HSBC instals the first of ten ‘cash pods’ in towns with no bank branches (55:43) Hong Kong finance worker gives $25m to fraudsters after call with deepfaked CFO (57:43) ---------------------------------------Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.If you enjoyed this episode, don't forget to subscribe and please leave a reviewFollow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

In celebration of US Black History Month, our expert host Kate Moody, Strategy Director at 11:FS, is joined by some great guests to discuss civil inequality in the banking system.This week's guests include: Rodney Williams, Co-Founder at SoLo Funds Jamilia Grier, Founder & CEO at ByteBao Asya Bradley, Founder and Angel Investor Conversations around inclusion are much bigger than just banking. It’s a systemic problem which has always existed and still remains a very real issue today, and this episode tackles these issues head on.They discuss how and why non-white communities are being underserved by traditional banks and celebrate some of the work being done to tackle that.They also look at how we can harness fintech for good to drive meaningful change.---------------------------------------Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, AltFi, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.If you enjoyed this episode, don't forget to subscribe and please leave a review.Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

Guests Rachel Pandyan, Doug Mackenzie, and Anil Stocker join the hosts to discuss the latest fintech news, including HSBC being fined £57m by the Bank of England, Mastercard's plan to replace passwords with biometric authentication, and Nova Credit's support for Ukrainian refugees. They also cover stories about PayPal reducing its workforce, a petition for financial literacy in schools, and a humorous incident involving Tom Hollander receiving Spider-Man's bonus cheque.

Experts discuss the role of big tech in finance, exploring use cases and risks. They debate whether big tech companies are friends or competitors to banks. The challenges of informed consent and the potential for bots to streamline financial processes are explored. Cultural differences between traditional banks and big tech companies are highlighted. The future of consumer engagement and the transition to the metaverse are also discussed.

Amelia Isaacs, Senior Reporter at AltFi, and Rachel Pandyan, Ventures Product Lead at 11:FS, join the hosts to discuss various topics, such as Revolut's launch of mobile wallets, the potential impact of social media on bank runs, Italy's Objectway acquiring Newst Wealth, Moody's Analytics tapping Numerated for automated loan process, Comic Relief's extended partnership with GoCardless, Apple Pay opening up NFC chip access to third parties, and a retired teacher facing a halted pension due to mistaken identity.