Fintech Insider Podcast by 11:FS

Join host Benjamin Ensor alongside some very special guests as we look at the biggest financial services and fintech stories of the past week.Topics covered include: Norway’s Vipps MobilePay becoming the first company in the world to offer a competing option to Apple Pay on iPhones; Goldman Sachs withdrawing from the Net-Zero Banking Alliance; Zopa Bank, one of the earliest UK fintechs, announcing it has recently raised £68M in an equity round; Aviva, the UK’s largest insurer, reaching a preliminary agreement to acquire rival Direct Line for £3.6bn; and Vanguard spinning off its $900 billion wealth and advice segment into a standalone unit.This week's guests: Baard Slaattelid - Director, Strategic Payment Partnerships at Vipps MobilePay  Hannah Duncan - Award winning freelance writer  Matthew Jones - Head of Ventures at Transverse Plus soundbite from: Steve Hulme - CFO of Zopa BankStories covered on the show:Norway’s Vipps launches world’s first Apple Pay rival for iPhoneGoldman decides to leave world’s top climate alliance for banksZopa Bank hunts for fintech acquisitions after £68 million fundraise Direct Line accepts £3.6bn takeover after rival insurer Aviva raises bidVanguard revamps $900bn unit to speed up investment I gave my kids £300 to see what they would do with it_ _This episode is sponsored by Finimize for Business, click here to find out more_ _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/KpA4gFbbWDlLFm7kx39rafFintech 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

On this week's insights episode, host David Barton-Grimley is joined by Lori Schwartz, who took on the role of Global Head of Treasury Services at J.P. Morgan Payments earlier this year.Join us as we discuss Lori’s new role, the innovations happening in the treasury services and payments space, and how to foster innovation in a large organization like J.P. Morgan.This week's guest:Lori Schwartz - Global Head of Treasury Services, J.P. Morgan Payments -- This episode is sponsored by Finimize for Business, click here to find out more--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 review! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this discussion, Jasper Martens, CMO at PensionBee, Tomás Herrmann, UK GM at Bunch, and Simone Joyce, CEO of Paypa Plane, dive into Australia's new social media ban for under-16s and its potential impact on financial services. They dissect the alarming increase in financial scams targeting minors and the need for stricter advertising regulations. Additionally, the insights on Bunch's UK launch highlight innovations in private equity and the expanding opportunities for fintech in Francophone Africa with HUB2's recent funding capture. It's a captivating blend of regulation and innovation!

Join Rob Pasco, GM of Credit at Curve; Sophie Heriot, Account Director at Nova Credit; and Tom Davies, VP of Marketing at Yonder for a lively discussion on the evolving landscape of digital lending. They dive into how fintech is reshaping personal borrowing, emphasizing the use of alternative data for better credit assessments. The conversation also highlights the importance of demystifying financial jargon and building a fairer financial system to enhance consumer understanding. Discover the global perspectives on credit and the future of lending practices!

Martin Sokk, Co-founder and CEO of Lightyear, shares his insights on building a digital investment platform focused on user-friendly experiences. He discusses the challenges of navigating the European investment landscape and the importance of catering to diverse regulations and cultural nuances. Martin emphasizes enhancing customer satisfaction through simplified interactions and innovative solutions. He also shares the mission behind the name 'Lightyear,' highlighting their commitment to transparency and lower fees in contrast to traditional investing.

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.