Fintech Insider Podcast by 11:FS

Javed Anjum, CEO of OneBanks, Matthew Williamson, a partner at Thistle Initiatives, and Selma Piper, founder of Fintech Fiends, dive into major fintech headlines. They discuss a shocking report criticizing the UK's Financial Conduct Authority as unfit and the implications for consumer protection. The group also examines UniCredit's bid for Banco BPM, addressing the complexities of banking mergers. Plus, Checkout.com's expansion into Japan reveals the challenges of adapting to new markets, highlighting cultural differences and the demand for innovation in financial services.

In this insightful discussion, Gaia Lamperti, a Bloomberg producer in Dubai, Ziad Mabsout, co-founder of Vennre, and Remo Abbondandolo from Checkout.com explore the booming fintech scene in the Middle East. They tackle the distinct cultural and operational challenges of launching businesses, from adapting to local customs to understanding market dynamics. The trio highlights the rapid growth in sectors like digital banking and e-commerce and emphasizes the need for strategic partnerships and government support to tap into the region's vast opportunities.

Veronica Glab, a fractional fintech consultant, highlights the challenges fintechs face while gaining traction. Matt Ford, CEO of Sidekick, discusses democratizing wealth management for all. Dave Excell, founder of FeatureSpace, delves into the rising threat of online fraud, particularly around Black Friday, urging consumer vigilance. The team also celebrates Revolut's milestone of 50 million users and their new stock trading license, while exploring innovations like Mama Money's WhatsApp bank card aimed at underbanked communities.

Ilya Brovin, Chief Growth Officer at SumSub, Vinita Ramtri, Senior Fin Crime Leader at a UK challenger bank, and Dave Laramy, SVP at Danske Bank, discuss the rising trend of fraud in fintech. They highlight the complexities of fraud in the digital age, driven by AI and blockchain advancements. The trio emphasizes the importance of collaboration among banks and law enforcement for effective fraud prevention. They also cover the implications of UK regulations shifting the responsibility of fraud prevention back to organizations, urging for enhanced transparency and accountability.

Miguel Armaza, co-founder at Gilgamesh Ventures and host of the Fintech Leaders Podcast, joins Valentina Kristensen, Corporate Affairs Director at OakNorth. They explore the thriving LATAM fintech scene, with Nubank hitting 100 million customers and Ualá securing new funding. Klarna's decision to IPO in the U.S. is dissected, alongside Metrobank's hefty fine for compliance failures. The importance of financial education for children, championed by GoHenry, rounds out the discussion, emphasizing the need for early money management skills.

Chris Skinner, bestselling author and CEO of The Finanser, joins Ofer Friedman, Chief Business Development Officer at AU10TIX, and Leon Ifayemi, Director of Coalitions at CFIT, to explore the vital role of digital identity in combating financial crime. They discuss the inadequacies of current identity verification systems and the potential of universal digital identities. The conversation delves into the challenges of deepfakes, the impact of generative AI, and the necessity for regulatory frameworks to enhance trust and security in an evolving digital landscape.

Mariela Hunter, a fractional COO with deep expertise in financial services strategy, and Jason Mikula, founder of FinTech Business Weekly, dive into crucial industry developments. They discuss the impact of Donald Trump's potential election win on fintech regulation and consumer banking. The conversation touches on Affirm's expansion into the UK market, Barclays' acquisition of Tesco Bank, and Mexican fintech Klar's IPO ambitions. Additionally, they explore innovations in mobile virtual solutions and the growing BNPL landscape, highlighting opportunities and challenges ahead.

In an engaging discussion, Kuba Fast, CEO of Chase UK, shares insights on the bank's remarkable growth, having attracted over two million customers and £20 billion in deposits since its launch. He discusses the strategic balance between leveraging J.P. Morgan's brand and appealing to mainstream UK consumers. Kuba also delves into innovations in digital banking, strategies to combat cyber fraud, and Chase UK's ambitious plans to become a major player in the UK market, including the introduction of a new credit card product.

Join host Kate Moody along with some great guests as we discuss the biggest fintech and financial services news this week.Topics covered include: Shopify launching Shopify Finance to support businesses; Moniepoint becoming Africa’s newest fintech unicorn, with representatives here to tell us more; Jamie Dimon, shy and unassuming as ever, declaring it’s “time to fight back” against regulators; Marqeta launching Marqeta Flex; and Revolut introducing the new “Rev-Women in Engineering Grant.” Plus, since it’s Halloween, we’ll test our spooky financial services knowledge!This week's guests: Vikram Anreddy - Head of Product, Financial Services at Shopify  Ope Adeyemi - SVP of Channels at Moniepoint  Jo Ann Barefoot - CEO and Co-founder of Alliance for Innovative Regulation With soundclip from:Lisa Hrabosky - VP, Bank and Network Partnerships at MarqetaStories covered on the show:Shopify Finance streamlines merchant payments, Bill Pay and Credit Google, DPI back African fintech Moniepoint in $110M roundJ.P. Morgan’s Jamie Dimon says banks must fight back against regulatorsMarqeta to embed BNPL in payment apps and digital walletsRevolut launches new “Rev-Women in Engineering Grant” offering up to £5,000 to support top talent-- Fintech Insider x 11:FS Pulse Open Mic Night tickets Help make Fintech Insider even better by taking our listener survey--Join our WhatsApp community, where you can get the inside track on all all things 11:FS, as well as having your say on the things we should be paying attention to.https://chat.whatsapp.com/KpA4gFbbWDlLFm7kx39raf—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 Thursday 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 reviewGot a question for us? Email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

Anupam Pahuja, Executive VP at Nium, shares insights on emerging markets, while Joel Leong, co-founder of Aspire, discusses innovative banking solutions for businesses. Shadab Taiyabi, President of the Singapore Fintech Association, highlights the dynamic fintech ecosystem in Singapore. They explore the country’s rapid growth as a fintech hub, the impact of supportive regulations, and collaboration between startups and traditional finance. Plus, a delightful detour into Singapore’s culinary scene adds a flavorful twist to the fintech conversation!