Fintech Impact

Summary:Jason Pereira, award-winning financial planner, university lecturer, writer, speaks with Stephanie Holmes Winton, Founder and CEO of CacheFlo. CacheFlo is a fintech company focused on giving advisors and clients what they need to manage their cash flows. Built off of psychological proof and Stephanie’s experience helping people manage money, CacheFlo is a real-world approach to helping people change their habits with money and manage their spend holistically.Show Notes:● 0:45 - CacheFlo is a tech company focused on providing expert level advice and tools to companies to inform them about their cash flow● 2:51 - The principles Stephanie used to create CacheFlo● 3:30 - People make good money but didn’t know where the money was going● 3:45 - The technology Stephanie created gives her clients tools to alter their behavior and create good habits when it comes to money and their cash flow● 4:45 - How to change the way people spend money● 6:42 - Why Stephanie decided to create software● 11:00 - The customer and advisor experience with CacheFlo and how it works● 15:16 - The main goal of CacheFlo is to reduce the fears and difficulties to manage finances● 18:00 - Cacheflo frees up up to $2,500 a month for many clients● 18:43 - The question CacheFlo answers is “How” to put a successful financial plan together● 21:38 - Nothing is the same from one moment ot the next. Rather than micro managing small tasks, CacheFlo prescribes a holistic spendable number. The client can then choose where to spend that money.● 28:00 - The software also finds client’s money that can be spent● 32:00 - How CacheFlo creates a financial health score that is built off of reality● 37:20 - The challenges of being a lone founder3 Key Points:1. Many people make plenty of money. That is not where people get into financial trouble.the problem is people don’t know how they spend their money.2. CacheFlo is a real-world tech solution that helps people know their financial limits.3. It is more powerful to manage a holistic number rather than micro-budgeting differentareas of life. CacheFlo helps people get to their monthly spend number.Tweetable Quotes:- “We are in this to prevent money from hurting people.” –Stephanie- “You think you know what everyone wants but you don’t know until you know.” – Jason- “The market isn’t what they say, it is what they do.” –StephanieResources Mentioned:● The Fintech Impact● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech event● Woodgate Financial Hosted on Acast. See acast.com/privacy for more information.

Shield FCSummary:Jason Pereira, award-winning financial planner, university lecturer, and writer, talks with Shiran Weitzman, CEO of Shield FC. Shield FC is a data aggregation platform that is enabling faster communication with clients and faster flagging of compliance issues.Show Notes:● 0:45 - Shield FC is integrating communication into a next generation compliance platform● 4:28 - The company connects electronic communication with trade communication● 6:30 - One of the biggest contributions of this platform is the regulatory aspect● 8:45 - The platform shows the importance of data aggregation and normalization● 10:38 - How the platform interacts with APIs● 11:54 - Every vendor has a proprietary format● 16:45 - The value of the data is the aggregation and correlations, not any advice per se● 18:40 - Machine learning is incorporated to tag financial compliance issues within the platform enabling a new age of financial compliance in the industry● 22:25 - How the differing country regulations change the communication platform per country● 24:46 - The software is allowing companies to avoid reputational loss and reinforce ethics● 26:09 - Why there needs to be a much more open ecosystem in finance and why collaboration needs to be encouraged by regulators3 Key Points:1. Shield FC is creating a platform that is changing the way financial compliance and thecommunication thereof takes place.2. The platform aggregates several different sources of data into once place, correlates them,flags compliance issues, and touts consumer and investor protection.3. The platform is enabling all the data to be seen in once place with machine learning tochange the compliance environment. The platform is on the edge of making the traditional manual process of compliance checks obsolete.Tweetable Quotes:- “Clients choose to communicate in whichever way is most convenient for them.” –Jason- “There is a new wave of electronic regulation right now. We [Shield FC] are addressingthis structure.” – Shiran- “Consumer protection and investment protection is a part of it.” –Shiran- “ePrivacy is GDPR on Steroids” - ShiranResources Mentioned:● The Fintech Impact Podcast● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech event● Woodgate Financial● The Shield FC website Hosted on Acast. See acast.com/privacy for more information.

Summary:Jason Pereira, award-winning financial planner, university lecturer, writer, explores a royalty lending model with Sam Kawtharani, CEO of Corl. Corl is a company targeting the lending space with a new royalty model. They look for cash-heavy, asset-light companies to invest in with their model. On top of lending, Corl is moving the needle in business analytics and Security Token trading.Show Notes:● :30 - Corl is a business that helps business raise funds through a royalty model and blockchain● 3:00 - How Corl is helping more businesses get access to capital in the lending space● 6:00 - As long as the buyer can breakeven with the top royalty, it is still a cheaper option than other equity options● 8:44 - Some founders have had a hard time wrapping their head around the new funding method● 9:05 - Many companies participating are the ones that aren’t quite ready for venture capitalists. The other sides are the companies ready for venture capitalists but want to bootstrap the business and have cash injections from lenders.● 10:03 - This plan could be very helpful for people in the services business● 10:21 - Corl Perfect fit: Cash-heavy, asset-light businesses● 15:50 - Corl is not just offering capital but also insights for the businesses● 19:00 - How Corl is able to collect data and use it to provide an advantage● 22:00 - Corl uses security tokens to exchange. They have been working with regulators on a security token for a long time. It is an approach to exchange in cryptocurrency.● 24:00 - There are many exchanges down the road who will be supporting security tokens● 24:30 - In the future, every security could be a token● 27:44 - Sam sees a need for regulations to change especially the differences in each country.3 Key Points:1. Corl is enabling more companies to get funding.2. Corl is a royalty based model lending company that enables cash-heavy, asset lightcompanies to find funding.3. Corl is changing the game in investing not only on the lending side but also by offeringtheir own security as a security token.Tweetable Quotes:- “What do you want ownership or do you want to keep cash?.” –Sam- “Our model is a perfect fit for cash-heavy, asset-light companies.” – Sam- “Any business with a consistent source of revenue on a monthly basis is a good fit.” –SamResources Mentioned:● The Fintech Impact Podcast● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech event● Woodgate Financial● Corl.co Hosted on Acast. See acast.com/privacy for more information.

Summary:Jason Pereira, award-winning financial planner, university lecturer, writer, sits with Daniel Eberhard, CEO of KOHO. KOHO is a company that develops tech solutions to make the financial sphere more user friendly.Show Notes:● :30 - Introduction of KOHO and CEO Daniel Eberhard● 1:30 - KOHO is a company focused on creating financial tools that make the banking experience more user friendly. The tools essentially sit on top of the secure bank’s back-end allowing Koho to focus on the UX.● 2:00 - The set-up of KOHO allows the platform to be more client focused● 2:30 - Daniel was inspired by the archaic banking structure of Canada● 4:45 - Banks are disinsentified to provide a better, cheaper service and platform● 6:15 - The two things banks must have to be successful● 8:16 - KOHO user experience from discovery to use● 10:00 - How KOHO gives users a rich insights into their financials● 11:34 - The tools also help you set financial goals. The create a spendable balance alerting you on how much you have. It is essentially individuals future cash flow - something not generally calculated for individuals.● 12:52 - KOHO is also increasing the amount of money saved by Canadians.● 16:00 - KOHO establishes trust by ensuring they do not sell people products they don’t need.● 19:44 - The bank on the backend of KOHO is People’s Trust● 20:00 - How Canadian regulation could affect banking and the KOHO platform● 22:20 - Future features offered by KOHO● 26:32 - There are certain things that if you start consuming them your lifestyle dictates your need to stay in a certain job● 29:10 - The major obstacle was developing the relationships with the banks● 30:30 - How KOHO is moving the needle for Canadians● 31:07 - Daniel wished Canadians would hold their banks to a higher standard3 Key Points:1. KOHO is a company that is changing the user experience for the banking space throughtechnology.2. KOHO focuses on improving the user experience while a bank focuses on the back end.3. KOHO is making it easier for people to track their finances and create financial goals.Tweetable Quotes:- “KOHO is what's called a neo-bank what that means is we sit on-top of bankinginfrastructure and then we create everything else.” –Daniel- “How do we listen really well to the customers and how do we move really fast. These arethe two values that create better value for our users.” – Daniel- “The money sits with People’s Trust and we [KOHO] sit on top of that infrastructure.” –DanielResources Mentioned:● The Fintech Impact● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech event● Woodgate Financial Hosted on Acast. See acast.com/privacy for more information.

Summary: Jason Pereira, award-winning financial planner, university lecturer, writer, speaks about the future of finance. As he celebrates the 50th episode of this podcast, Guest Host Guy Anderson talks to Jason about the six key technologies that will alter the future of finance. Tune in to see where 2019 will take finance.Show Notes: ● :30 - 50th Episode celebration!● 1:00 - New website and brand being launched soon● 1:14 - Guest Host Guy Anderson● 2:00 - Artificial intelligence and the basic use cases that are trickling into the financial services industry● 4:00 - AI is dictating notes with a client and highlighting actions with the client● 5:46 - AI enabled robo advisors ability to create analyst report● 7:20 - How artificial intelligence is getting rid of many administrative jobs● 8:30 - Differentiation between artificial intelligence and algorithms● 9:00 - The bar keeps getting moved higher and higher for artificial intelligence. Siri for example.● 10:00 - How augmented reality is entering financial services● 12:30 - Virtual models now allowing us to pivot real-time● 13:45 - Geolocation allowing apps and software to tap into location everywhere● 15:00 - You can opt in to allow the bank to have your geolocation. The bank allows the bank to provide value for your life● 17:20 - Why opting in is an important part of this development of technology● 19:30 - Siri is basic and what is going to happen is going to be more functional● 20:16 - How voice control is going to be used in financial services and voice recognition is used for security control● 23:56 - Data aggregation is the ability to draw all your information into one place. Mint.com was the pioneer in this space.● 30:45 - Automatic spillover to the savings account transfers● 32:30 - How financial services will start to be able to give proactive nudges● 33:18 - Data aggregation can be done on a individual level as long as you have access to the data● 35:20 - The piece of data that is missing from all platforms● 36:16 - How data aggregation will change the way we do taxes● 38:51 - Data aggregation has a lot of opportunity in the future to make our lives more efficient● 39:43 - How fitness tracking will affect your insurance rates3 Key Points: 1. With the new year upon us, Jason celebrates the 50th episode of this podcast as well as six key technologies of the future.2. Jason shares how artificial intelligence, geolocations, fitness tracking, data aggregation,augmented reality, and voice control will change the face of finance in 2019.3. Technology will only make processes more efficient and allow us to do things easier(Think: taxes in real-time).Tweetable Quotes: - ̈You can dictate your notes to AI and it will highlight all your action items and delegatethem for you.” –Jason- ̈Geolocation, many applications, can tell where you are physically.” – Jason- ̈They can create better credit scores because they can look at your behavior financially. ” –JasonResources Mentioned:● The Fintech Impact● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech event● Woodgate Financial Hosted on Acast. See acast.com/privacy for more information.

Jason Pereira, award-winning financial planner, university lecturer, writer, speaks at the Toronto Area Accountants Network Conference: Fintech, and How it is Revolutionizing our Relationship with Money. Jason highlights a variety of different technologies that are changing the way we do business and making many heavy-lifting tasks obsolete. For a taste of the financial future, don’t miss this episode.Show Notes: ● :30 - Introduction to the conference Jason will speak at.● 1:00 - How technology is changing the financial and accounting space allowing more interaction with clients.● 1:40 - We will talk about different technologies: The cloud, API, Data Aggregation, Big Data, and Blockchain.● 5:50 - How big data is enabling new sales in asset management.● 9:00 - The most useful application of blockchain is the obsolescence of reconciliation.● 10:20 - Is there a reason transaction and accounting software can’t be integrated.● 11:15 - Accounting softwares now integrate directly into payroll software.● 11:38 - API information can feed back into the accounting software.● 12:55 - There is a company that can store all of your statements in one place.● 13:49 - Your financial statements can now be turned into dynamic graphs and actionable data. All of it is displayed in real-time.● 14:55 - Communication and collaboration improves all experiences.● 15:38 - Technology exists that is changing the way financial collaboration happens.● 17:44 - Core is a way businesses can raise money.● 20:43 - Quick Estate lets you settle your estate online.● 24:34 - Security is another area that will be evolved by technology.● 27:34 - Squarespace and Wix are allowing people to have gorgeous websites at a low cost● 30:00 - A new way to schedule a meeting. Artificial Intelligence and booking software are reducing the time you spend scheduling clients.3 Key Points:1. Technology is changing the face of the financial and accounting industries.2. There are a number of technologies within the cloud, API, Data Aggregation, Big Data,Blockchain, and administrative tasks that are cutting down the time we spend doing certain tasks.3. If the industry does not adapt, it will be the dinosaur left behind. Hosted on Acast. See acast.com/privacy for more information.

Summary: Jason Pereira, award-winning financial planner, university lecturer, writer, speaks with Alan Moore, Founder and CEO of Advice Pay. Alan has enabled payment solutions for fee only financial planners. Alan’s mission is to give value-adding advice for next gen clients. Alan is changing the face of advising and molding it into an industry that helps rather than deceives.Show Notes:● :30— Introduction to Alan Moore and Advice Pay.● 1:00— Advice Pay is about getting paid for advice rather than for what you sell.● 2:25— How Alan went from Pharmaceuticals to Financial Planner opening his own practice.● 8:00 — Advice Pay was about helping Financial Planners doing real advising for next gen clients.● 10:00 — How financial planning is a helping profession that enables people’s goals.● 13:00— The barriers of having a service only financial planning practice.● 16:00— States do not have all the regulations and a lot of them are not written down.● 20:10— How there is no billing platform that supports the modern growing practice.● 22:40— There were many technical challenges when developing the Advice Pay platform.3 Key Points:1. The financial advising space has a lot of room for improvement.2. Alan Moore entered the space with the intention of improving financial advising for the next generation.3. Advice Pay is a platform that in transforming financial planning into a helping profesion rather than a deceiving one.Tweetable Quotes:- ̈The biggest challenge was finding the right developer” – Alan- “If you are an advisor, you must be giving advice in your client’s best interest” – Alan- “We help our clients live a great life. We are only the profession that asks ̈What doyou want out of life?” – AlanResources Mentioned:● The Fintech Impact● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech events● Alan Moore● Woodgate Financial Hosted on Acast. See acast.com/privacy for more information.

Summary: Jason Pereira, award-winning financial planner, university lecturer, writer, speaks with Kyle Kemper, Author. The two discuss crypto and the future of blockchain.Show Notes:● :30— Introduction of Kyle Kemper, Author, thought leader, and consultant in the Crypto space● 1:30— Kyle’s bitcoin awakening and what he has done since then to progress blockchain● 2:36— What is possible when we have a single place to store our digital assets● 3:33— Through our phones, we can capture a lot of different things - gps, data, locations. There is a big opportunity to also store our digital unified wallets.● 6:19— How Kyle got to do a two hour demo of crypto purchasing for Canadian CEOs and Mayors● 10:00— We operate in a society with a lot of technology welfare--facebook is free, Google is free● 11:00— How aspiration and reality can skew data● 12:30— Unlocking the Golden Age with a unified wallet● 13:40—The unified wallet can be used for health applications, voting applications, implications around security and redundancy, and access rights.● 14:50— It is important that we have stewardship of this crypto technology and pioneer it in a responsible way.● 16:21— Data rights are some of the most contentious rights right now and how blockchain will change or hinder the space.● 17:30— Why compliance tends to be another important issue for blockchain.● 18:00— How are financial incumbents dealing with the arrival of blockchain startups.● 19:53— It is really hard for large incumbents to be on the forefront of this area.● 22:50—Why banks make things difficult not to further blockchain but instead to create an obstacle for the area’s growth.● 24:00— How the big six banks could be hurting the crypto space.● 26:00— Why now is a good time to start getting into the crypto space● 28:20—Insidious agents are a huge obstacle for the blockchain space right now. Deceit and dishonesty associated with some scam wallets are causing mistrust to flourish.● 29:14—There are people exploiting the super insecure nature of the wallets right now. Be wary.● 30:14—The blockchain space is going to free a lot of people from tedious monotonous processes.● 32:14—There is the opportunity to move past a labor based society--based on hours and minutes.3 Key Points:1. There is a lot of potential for blockchain to make a lot of tedious processes obsolete.2. For this technology to be universal, we need it to be open sourced. For this, we need adigital unified wallet.3. This solution needs to be pioneered without deceit. Blockchain can be a solution or the problem if it isn't done right.Tweetable Quotes:- ̈Bitcoin solved how do we have digital cash. Blockchain technology will solve how do Icreate secure digital cards” –Kyle- “Where is all of this going to lie? There is a need for an open digital wallet” – Kyle- “There are other considerations, like what do we do with children? They have birthcertificates and data.” –Kyle- “To make this universal, it has to be open sourced.” –JasonResources Mentioned:● The Fintech Impact● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech events● Kyle Kemper● Book: Unified Wallet: Unlocking● Woodgate Financial Hosted on Acast. See acast.com/privacy for more information.

Summary:Jason Pereira, award-winning financial planner, university lecturer, writer, speaks with Andrei Poliakov, CEO of Coinberry. Coinberry is breaking the barriers to enter the cryptocurrency market. They offer the best rate and no fees which encourages people to dabble in crypto. Andrei shares what life is like inside of a start-up and the challenges he faces in this groundbreaking agency.Show Notes:● :30— Introduction of Andrei, CEO of Coinberry.● 1:00— Coinberry is a solution to knock down the barriers to enter the crypto market.● 2:00— We believe in the future of cryptocurrency so we want to give people the ability to enter into it.● 2:33— Coinberry is a platform where users can buy and sell cryptocurrency from the comfort of your cell phone. Essentially bringing cryptocurrency into the mainstream.● 3:19— Andrei started in the tech space.● 5:00— Blockchain was always an interest for Andrei.● 6:00— The idea for Coinberry was born out of the attempt to settle a restaurant tab that a group of several nationalities wanted to settle. Quickly, the group discovered how difficult it was to buy cryptocurrency.● 8:00— Coinberry focuses on two cryptocurrency: bitcoin and etherium.● 8:30— It is not an exchange platform. Coinberry provides the best linnet cryptocurrency—a retail-esque service.● 10:00— Bitcoin has gone up and down significantly this year. The company is set up so that they are separated from the risk of the volatility. The platform simply buys and sells for the client they do not hold.● 14:00— The final version of the platform was launched in May 2018 with extremely positive reception.● 15:08— Bitcoin relies on paper for backup or USBs for cold storage.● 18:00— The platform removed all the fees from investing. Your money is fully your money to invest.● 20:00— Coinberry creates a winning proposition for clients. They get them the best price of the spread and profit from it.● 21:00— Many exchanges charge such a large amount to move and store clients crypto.● 30:00— The paying infrastructure in the US is outdated and a lot of the current systems date back to the ‘60’s.3 Key Points:1. Currently, there is a huge barrier to enter the cryptocurrency market.2. Coinberry creates a platform solution to allow people to dabble in cryptocurrency.3. Many companies charge a large fee to move and store your currency and Coinberry offersan advantage for users to move currency at a low cost.Tweetable Quotes:- ̈Our goal is to make it easier for people to dabble in cryptocurrency.” –Andrei. - “Will bitcoin still exist a year from now? Who knows, but our company ispositioned in a way that it will not necessary affect us.” – Andrei.-“Coinberry is a solution to knock down the barriers to enter the crypto market.” –Andrei- “Start-up life in general is difficult whichever industry you are in.” –AndreiResources Mentioned:● The Fintech Impact● Itunes to access the podcast● Refer to Jason Pereira ́s Linkedin for Information about the Fintech events● Andrei Poliakov● Coinberry● Woodgate Financial Hosted on Acast. See acast.com/privacy for more information.

During the 45th episode of the Fintech Impact podcast, Jason Pereira sits with Daniel Faggella, CEO of Emerj. Daniel well known consultant in the Artificial Intelligence space and shares his thoughts current and future implementations of AI in the financial industry.Show Notes::30— Introduction of Daniel Faggella, CEO of Emerj3:20— The AI trends we are seeing now and how they are adding value to fintech.4:30— Artificial Intelligence can be valuable by finding patterns of sourcing financial fraud.6:33— Why noting the differece in transactions is more useful than setting rules when spotting fraud8:19— AI has its limits. AI can properly route customer service tickets to the correct person. However, it can´t navigate customer phone calls.12:20—How AI is successfully being applied for loans and insurance underwriting to assess risk.15:00— How we can find risk proxies to correlate risk and suss out patterns.18:00— In insurance, the AI game changer will be implemented within the customer experience.19:00— How the proliferation of AI will change business´s and their customer experience.20:00— There are still many opportunities to implement AI like in the process of onboarding new customersI.22:00— AI will complement the way we deal with customers and create sales funnels. Salesforce is just the tip of the iceburg.26:20— There aren´t as many indicators for success in using AI in wealth investing as there are in banking and insurance.27:08—Trying to predict trading in a way that can be implemented with AI is risky business. It would be similar to trying to predict the world.29:30— Trading data is generally not all encompassing, and therefore, it is hard to implement AI in this area.31:00— The AI community is full of collaboration, and in general, this is good.32:00— However, AI is a big power game, and it can be worrying.33:34— It is easy to get pessimistic about the evolution of AI and our species.34:00—AI requires data architecture to improve performance. AI also requires IT people to collaborate with data scientists which can many times be difficult to moderate.36:20— AI doens´t implement like IT37:38— AI is a big cultural change for many companies38:12— The hopeful transition of AI technology: Easy, Cheap, Ubiquitous3 Key Points:1.    Artificial Intelligence is taking the main stage in many industries and has many opportunistic applications.2.     However, trying to implement AI technologies into the trading world would mean that an all encompassing data-set would need to exist or in other words, you would have to be able to predict the world.3.    Though there are several fields to implement AI to reap benefits such as customer service and insurance underwriting, implementing AI in trading is a unsurmountable task.Tweetable Quotes:-      ¨Being able to coax out patterns of normal is one big, and certainly, fruitful application [of AI].” –Daniel.-      “AI doens´t implement like IT.” – Daniel.-      “With AI, we are talking about a probabilitic understanding of things” –Daniel.Resources Mentioned:The Fintech ImpactItunes to access the podcastRefer to Jason Pereira´s Linkedin for Information about the Fintech eventsWoodgate FinancialDaniel Faggella Hosted on Acast. See acast.com/privacy for more information.