Fintech Confidential

DD3, Media

Entertaining information focused on Fintech industry insights, market trends, news, and life stories from Fintech leaders, thinkers, and doers.

Episodes

Mentioned books

Nov 29, 2023 • 59min

What Is The Next Big Thing in Insurance for Real Estate Investors?

Nov 6, 2023 • 1h 10min

Money 2020: Flashy or a Snooze Fest?

Watch the entire episode on YouTube.In this episode of Uncut by Fintech Confidential, Tedd Huff, along with Matt Van Houten and Eric Brown, delve into their experiences at the Money 2020 conference. They highlight a significant shift from crypto and blockchain to a more mainstream approach, emphasizing the importance of working within existing financial systems. Additionally, they observe a decrease in the presence of big companies and stages, speculating that economic factors and a previous focus on risk may be the cause. The conversation also touches upon the high cost of participation, the evolution of the conference's focus, and the current state of fintech. Finally, they conclude by discussing the delicate balance between price and value that conference attendees must consider.Three essential items that we dive into. 1️⃣ "Discover the surprising shift in focus at the Money 2020 conference!"2️⃣ "Uncover the hidden truth behind the decrease in big companies at Money 2020!"3️⃣ "Find out the secret to balancing price and value for conference attendees!"Links:Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersThis episode of "Fintech Confidential Uncut" is brought to you by Skyflow, the leading data privacy platform trusted by top financial institutions. Protect your customers' data with Skyflow's innovative solutions. Get started at www.skyflowsecure.comAnd don't forget to check out Chargebacks 911, the industry leader in chargeback management and prevention. Say goodbye to revenue loss and hello to seamless transactions with Chargebacks 911. Get started at www.cb911.infoTime Stamps:00:02:18 - The shift in the show floor and the absence of cryptoFind out why crypto and blockchain-related topics were noticeably absent at the recent Money 2020 conference. The show floor has changed, and we're here to spill the tea!00:05:33 - The mainstream and orthodox tone of Money 2020Money 2020 used to be all about challenging the status quo, but things have changed. Discover how the conference has become more mainstream and focused on working within existing systems.00:10:53 - The bear market impact on crypto presenceCrypto companies are taking a hit in the bear market, affecting their presence at Money 2020. Dive into the market-driven factors that are causing this decline.00:12:37 - The decline in presence at Money 2020The show floor is shrinking, and big players are nowhere to be found. Get the scoop on the decrease in stages and the absence of major players outside the conference.00:16:48 - Lack of innovation at Money 2020Innovation seems to be taking a backseat at Money 2020. Uncover why this year's event lacks the innovative and groundbreaking ideas we've seen in the past.00:17:59 - Money 2020's new product, 20 FoldMoney 2020 is introducing a game-changer: 20 Fold. Find out how this new product aims to bring investors and startups together in a modern twist on Angel List.00:24:48 - The startup growth cycleMoney 2020 is evolving, and startups are playing a bigger role. Join the conversation about the growth cycle of the conference and the increasing involvement of startups.00:25:23 - Shift towards fintech and cryptoTraditional banks are taking a backseat as fintech and crypto companies steal the spotlight at Money 2020. Discover when this shift started and what it means for the industry.00:32:14 - Challenges and limitations of AI in paymentsAI is revolutionizing payments, but it's not without its challenges. Learn about the limitations and risks of using AI, especially regarding fraud detection.00:34:49 - The Challenges of Generative AI and Language ModelsGenerative AI and language models may sound fancy, but they come with their own set of difficulties. Find out why matching terminology and potential errors can be a headache.00:35:32 - Preventing Chargebacks and Retaining RevenueChargebacks can be a nightmare for businesses, but there's a way to prevent them. Discover how resolving chargebacks before they're filed can save your revenue.00:36:54 - Expectations and Potential of AI Tools and Problem SolvingAI tools have the potential to solve complex problems, but not all tools are created equal. Learn why finding the right tool for the job is crucial for success.00:46:38 - Innovation doesn't have to be flashyInnovation doesn't always mean reinventing the wheel. Find out how making a product better and easier to use can be just as innovative, without all the flashy gimmicks.00:51:46 - The future of fintech and bankingWhat does the future hold for fintech and banking? Get a glimpse into the next three years, including potential consolidation, partnerships, and the importance of trust.00:57:45 - The need for clarity and protection in paymentsClear rules and protection are essential in payment systems. Discover how Venmo is stepping up with a liability guarantee and why trust and protection matter to consumers.00:58:56 - The price tag and attendanceAttending Money 2020 comes with a hefty price tag. Find out how the high cost impacts attendance and who will pay the big bucks.01:00:23 - The value of the badgeIs the Money 2020 badge worth the price? Explore the value attendees get from their badges and whether it justifies the steep cost.01:02:17 - Sessions and content improvementMoney 2020 is stepping up its game with improved session content. Dive into the practical and deep-diving topics that are taking center stage.This is a Production of Diamond D3, Media Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

Oct 24, 2023 • 60min

Stop being House Rich & Cash Poor: Tap into home Equity without Tapping Out with the CEO of Hometap

Jeffery Glass is the CEO and Founder of HomeTap, the groundbreaking company revolutionizing the way homeowners access their home equity. In this episode of Fintech Confidential, Glass reveals the secrets to success in the real estate market and shares invaluable advice for entrepreneurs.Three important items Covered:1️⃣ Discover the game-changing alternative to traditional loans that homeowners are raving about.2️⃣ Uncover the shocking impact of rising interest rates and inflation on the residential real estate market.3️⃣ Learn the essential steps to building a strong team and finding the right capital partner for your entrepreneurial journey.Also, watch the entire episode on YouTube. Links:HometapWebsite: https://www.hometap.com/ Linkedin: https://www.linkedin.com/company/hometap-equity-partners Facebook: https://www.facebook.com/HometapEquity/ Instagram: https://www.instagram.com/hometap_/Twitter: https://twitter.com/hometap Youtube: https://www.youtube.com/channel/UCOS30gqJ9HVS3cCbH_M4LxAFintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialX: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersSupportersSupport provided by Skyflow. What if privacy had an API? What if you could ensure data privacy, governance, and compliance with just a few API calls?What if you could worry less about PCI requirements while actually improving privacy and security?With sky flow, you can visit skyflowsecure.com today to learn how.Support provided by Chargebacks911. What are Chargebacks REALLY Costing You? They don't need to be a cost of doing business! You can be set up in just 48 hours to resolve up to 40 percent of chargebacks before they're ever filed.It's fast, easy, and effective. Get started at cb911.info Time Stamps:The mission of HomeTap [00:00:00]Unlocking the secrets of homeownership and crushing traditional loans!The origin story of HomeTap [00:02:33]How Jeff Glass turned personal experiences into a game-changing financial solution!HomeTap's mission to change homeownership financing [00:08:40]Making homeownership a breeze for cash-strapped homeowners!The importance of homeowner experience [00:12:27]Creating a homeowner experience that will blow your mind!Ensuring transparency and clarity for homeowners [00:14:08]No more confusing financial jargon - HomeTap keeps it simple!Providing capital for homeowner needs and opportunities [00:15:56]Get the cash you need for life's challenges and dreams!Home equity and target demographic [00:24:05]HomeTap's got your back if you're sitting on a goldmine!Tailoring services and marketing [00:26:51]Home renovations made easy with HomeTap's tailored services!Resilience and market trends [00:32:13]Why residential real estate is the ultimate investment!The impact of rising interest rates on housing [00:35:23]Rising interest rates are killing the housing game - find out how!Future goals and plans for HomeTap [00:40:51]HomeTap's big dreams of becoming a national sensation!Competition and defenseability in the industry [00:45:06]How HomeTap stays ahead of the game in a cutthroat industry!The importance of passion and dedication in entrepreneurship [00:48:36]Starting a business ain't for the weak - Jeff Glass spills the tea!Challenges and considerations of being an entrepreneur [00:50:18]Think you have what it takes to be an entrepreneur? Think again!Optimizing for success over ownership [00:53:51]Why success trumps ownership in the world of entrepreneurship!This is a Production of Diamond D3, Media ABOUT: Jeffery Glass: Entrepreneurship has been a passion for Jeff since his teenage years. By age 22, he started two college marketing businesses that helped pay off some of his college loans. Over the next two decades Jeff ran 4 other successful businesses and learned a ton about what it takes to start, build and grow technology and data-driven companies in this ultra-competitive world. He’s also been in the investor’s seat, spending 6 years as an MD at Bain Capital Ventures. Jeff is currently the co-founder and CEO of Hometap, a data-driven residential real estate platform that is changing home ownership financing. Hometap invests in residential properties, making passive investments alongside homeowners, and participates in the future value of the home. For homeowners, this is a simplified, sensible alternative to debt and monthly payments that allow them to pay off bills, build their savings, and fund the things that come up in life. For investors, this is a new asset class, allowing them to participate in the multi-trillion-dollar residential real estate market without the operational and management hassles of owning and operating homes.Jeff lives in Brookline, MA with wife and three children. He is a graduate of Amherst College and Harvard Business School. Hometap : Hometap is a smart loan alternative that allows homeowners to access their home equity to do more in life without taking on debt. An investor, not a lender, Hometap gives homeowners cash in exchange for a share of their home's future value. They can use the money for anything they'd like, from paying off credit card debt to starting a business or buying a second home, without the hassle of monthly payments or interest. When the homeowner settles the investment at or before the end of the 10-year effective period, Hometap receives an agreed-upon percentage of the sale price or current appraised value. Tedd Huff: Tedd Huff is the Co-Founder of Voalyre and the President and founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.Diamond D3, Media: DD3 Media is a media creation, management, and production company that delivers engaging content globally

Oct 17, 2023 • 1h 34min

The Kodak Curse : Is fintech set to have a Kodak Moment? - Fintech Confidential Uncut

"Fintech Confidential Uncut" is a show that brings you 100% raw, real, and uncut conversations about the world of fintech. In this episode, co-hosts Tedd Huff and Matt Vanhouten dive deep into the challenges and potential pivots faced by legacy players in the fintech industry.Don't miss these topics: Will Visa's acquisitions impact innovation within the company?Is consumer protection at risk with alternative account-to-account payments?PIX in Brazil, UPI in India, and the US's confusion with RTP and FedNowWill banks and FIntech finally hold hands down the aisle?Staying up-to-date with the latest trends and insights in the fintech industry, sign up for the Fintech Confidential emails at www.fintechconfidential.com/access and Don't miss out on the raw and uncut conversations that will give you a deeper understanding of the challenges and opportunities in the world of fintech. Also, watch the entire episode on YouTube. Links:Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupporters:This episode of "Fintech Confidential Uncut" is brought to you by Skyflow, the leading data privacy platform trusted by top financial institutions. Protect your customers' data with Skyflow's innovative solutions. Get started at www.skyflowsecure.comAnd don't forget to check out Chargebacks 911, the industry leader in chargeback management and prevention. Say goodbye to revenue loss and hello to seamless transactions with Chargebacks 911. Get started at www.cb911.infoTime Stamps:Legacy Players in Fintech [00:00:00]Are legacy players in the fintech industry facing major challenges? Let's take a look at the struggles of companies like Kodak and Xerox.Visa's Dominance and Potential Challenges [00:04:51]Visa is ruling the card payment industry, but can it maintain its dominance? Find out about the uncertainties surrounding Visa's future.Contrasting Visa and Mastercard [00:10:24]Visa vs. Mastercard: Who's the real fintech leader? Discover the different strategies and approaches of these two giants.Visa's acquisition strategy [00:13:28]Visa's acquisition game plan is not as innovative as Mastercard's. Learn why Visa needs to step up its game.The threat to Visa's dominance [00:17:16]Is Visa's reign in danger? Find out if an upstart can knock Visa off its throne and steal its market share.Push to card payments [00:21:15]Push to card payments: Are they worth it? Get the lowdown on the pricing and risks involved compared to traditional payment methods.The challenges of social engineering [00:25:06]Beware of social engineering! Find out why it's on the rise and how you can protect yourself from scams.The need for trust in account-to-account payments [00:28:32]Trust is crucial in account-to-account payments. Discover why banks play a vital role in building trust with customers.The importance of resolving issues and protecting consumers [00:34:50]A bank that takes responsibility? It's possible! Learn how resolving issues and protecting consumers can boost trust in payment services.The challenges of alternative payment methods [00:34:59]Why are older folks slow to adopt alternative payment methods? And what do younger generations expect? Find out here.The impact of interchange rules on banks [00:36:17]Interchange rules are shaking things up for banks. Discover how these changes could influence their card-issuing strategies.The decrease in credit card rewards and increasing interchange fees [00:37:33]Credit card rewards are dwindling, and interchange fees are rising. Is it time to ditch your credit card? Find out here.The government mandate in Brazil and India [00:47:02]Governments in Brazil and India are calling the shots in finance. Learn about their heavy-handed approach and its impact on banks.Paying with installments in Brazil [00:48:07]Buy now, pay later: the Brazilian way. Explore the unique practice of paying in installments and the fees that come with it.Visa's potential acquisition of Pismo [00:51:31]Visa's eyeing Pismo in Brazil. Discover how this acquisition could open up new revenue streams and global opportunities for Visa.The moat of Visa's business model [00:59:07]Visa's got a stronghold on cross-border transactions. Find out why its business model is a force to be reckoned with.The convergence of fintech and banks [01:02:03]Are fintech and banks joining forces? Dive into the discussion on how they can work together to solve financial problems.The potential for new models in global money movement [01:05:56]Traditional infrastructure is not the only way to move money globally. Explore new models like tokenization that could revolutionize the industry.The direct to consumer strategy [01:10:33]Cutting out the middleman: the direct to consumer strategy. Uncover the challenges and benefits of this approach in fintech.Opportunity for banks to bank technology companies [01:11:39]Banks embracing technology companies? It's happening! Discover the opportunities that arise when banks become customers of tech companies.Banks looking to scale and support technology companies [01:13:04]Banks are scaling up and supporting tech companies. Learn about their hiring, policies, and regulatory considerations in this new era.The challenges of scaling and flexibility [01:21:56]Legacy players struggle to scale and be flexible. Find out why regulatory oversight and old processes are holding them back.Streamlining onboarding processes [01:22:47]Banks need to streamline onboarding for fintechs. Discover why simplifying the process is crucial in the app store environment.The potential for third-party service providers [01:26:54]A new industry is emerging to help fintechs onboard with banks. Learn how third-party service providers can accelerate implementation.The challenges faced by legacy players in the fintech industry [01:33:05]Legacy players in fintech face major challenges. Join the discussion on the hurdles they must overcome, with a focus on Visa.The features of Sky Flow's design [01:33:05]Sky Flow's design is a game-changer. Explore its secure and tokenized personal information collection, encrypted data analysis, and more.Disclaimer and caution regarding financial decisions [01:33:39]Caution! This information is not financial advice. Do your research and make independent decisions to protect your finances.This is a Production of Diamond D3, Media Diamond D3, Media is a multi-media creation, management, and production company delivering engaging content globally

Sep 27, 2023 • 51min

Breaking Barriers Securely: Landon Glen Explains How to Enable Financial Institutions with Fintech

In this episode, Landon Glenn, the CEO and Founder of ASA, takes us on a thrilling journey through the world of fintech. He shares the challenges he encountered while establishing ASA and sheds light on the company's mission and vision. Get ready to be amazed as Landon reveals ASA's commitment to empowering users, securing data, and forging reliable connections with financial institutions.Here are three mind-blowing takeaways from this episode:1️⃣ Unveiling the Secret to Unprecedented Financial SuccessDiscover how ASA is breaking barriers and revolutionizing the financial services industry. Prepare to be blown away by the key to unlocking unparalleled financial success!2️⃣ The Game-Changing Middle Ground in FintechFind out how ASA is transforming the fintech landscape with their groundbreaking approach. Brace yourself for a mind-bending revelation that will forever change the way you view the middle portion of the episode!3️⃣ The Ultimate Question: ASA's Answer Will Leave You SpeechlessWitness the moment when ASA tackles one of the most pressing questions in the industry. Brace yourself for an answer that will leave you in awe and eager to dive deeper into the world of fintech!Join us as we delve into the fascinating world of fintech with Landon Glenn and ASA. Get ready to be inspired, informed, and empowered to take control of your financial future!Also, watch the entire episode on YouTube. Links:ASAWebsite: https://asa.financial/ Linkedin: https://www.linkedin.com/company/asafinancial/Landon Glen Linkedin: https://www.linkedin.com/in/landonglenn/ Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersSupport is provided by Skyflow. What if privacy had an API? What if you could ensure data privacy, governance, and compliance with just a few API calls?What, if you could worry less about PCI requirements while actually improving privacy and security?With sky flow, you can visit skyflowsecure.com today to learn how.Support provided by Chargebacks911. What are Chargebacks REALLY Costing You? They don't need to be a cost of doing business! You can be set up in just 48 hours to resolve up to 40 percent of chargebacks before they're ever filed.It's fast, easy, and effective. Get started at cb911.info Time Stamps:[00:02:11] How I Became a Fintech Expert: Landon Glenn's Inspiring JourneyJoin Landon Glenn on his incredible journey from a small-town dreamer to a fintech expert. Discover the secrets behind his success and get inspired to chase your own dreams in the financial industry.[00:04:41] Overcoming Obstacles: Landon Glenn's Struggles in Building ASALearn about the challenges Landon Glenn faced while building ASA, a groundbreaking fintech company. Find out how he overcame obstacles and turned setbacks into opportunities.[00:09:53] Breaking Barriers: ASA's Mission to Revolutionize the Financial IndustryASA is on a mission to shake up the financial industry. Discover how this innovative company is breaking barriers and transforming the way we think about money.[00:12:54] Empowering Users: ASA's Mission of Control and SecurityASA puts control and security in the hands of its users. Find out how this fintech company is empowering individuals to take charge of their financial lives.[00:13:39] Privacy and Profit: ASA's Approach to Data MonetizationDiscover how ASA is striking the perfect balance between privacy and profit. Learn about their unique approach to data monetization and how it benefits both users and the company.[00:15:41] Game-Changing Feature: ASA's Single Sign-On InnovationASA has introduced a game-changing feature that will revolutionize the way we access financial services. Find out how their single sign-on innovation simplifies the user experience and saves time.[00:26:33] Banks in Charge: How Financial Institutions Control Fintech AppsUncover the truth about financial institutions and their control over fintech apps. Learn how banks hold the power and what it means for the future of the industry.[00:27:24] Cutting Out the Middleman: ASA's Direct Access to TechnologyASA is cutting out the middleman and giving users direct access to technology. Discover how this eliminates unnecessary fees and streamlines the financial process.[00:28:16] Market Trends Shaping the Future of Fintech and EISAStay ahead of the game by understanding the market trends shaping the future of fintech and EISA. Learn how these trends will impact the industry and what it means for ASA.[00:38:31] Future-Proofing ASA: Adapting to the Ever-Changing Financial Services IndustryFind out how ASA is future-proofing their business by adapting to the ever-changing financial services industry. Discover their strategies for staying relevant and successful in a dynamic market.[00:39:54] Challenges and Opportunities: What Lies Ahead for ASAExplore the challenges and opportunities that lie ahead for ASA. Learn how they are navigating the fintech landscape and positioning themselves for continued growth and success.[00:44:19] Insider Tips: Landon Glenn's Advice for Fintech EntrepreneursGet insider tips from Landon Glenn himself, a successful fintech entrepreneur. Discover his advice for aspiring entrepreneurs looking to make their mark in the financial technology industry.This is a Production of Diamond D3, Media ABOUT: Landon Glen: Landon Glenn is the CEO and founder of ASA. Overseeing the company vision and strategic initiatives within the organization, Landon’s primary focus is on financial empowerment, creating opportunities for all, and serving the underserved. Landon has spent his career across multiple spaces within the financial services industry. As a former owner of Banzai, an award-winning financial literacy software in over 50% of high schools in America that scaled to nearly 10% of the bank and credit union market, he is continuing to serve the underserved by removing the barriers to technology adoption, allowing solutions for the 1% and other underserved groups. Landon received a bachelor’s degree in financial services with an emphasis on real estate from Bingham Young University Marriot School of Business.ASA: ASA is an embedded fintech platform that connects financial institutions with customer-facing fintechs in a secure, compliant, and easy-to-implement marketplace. With ASA, banks and credit unions are innovating more quickly, fintechs are scaling more easily and end users are empowered to take control of their data and finances.Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President and founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

Sep 18, 2023 • 41min

Investing in Fintech: How Fintech Startups Are Changing Credit Unions and Small Banks

Brian Kaas is the President and Managing Director of True Stage Ventures, a leading fintech investment company. He joins Tedd in this episode to discuss his journey from law to fintech and the exciting innovations happening in the industry.Brian shares insights on the fintech companies TruStage Ventures has invested in and how they are revolutionizing the financial landscape.Discover the challenges of integrating fintech into credit unions and smaller institutions, and learn why cultural fit and strategic partnerships are crucial in this space. Don't miss out on Brian's expert advice for entrepreneurs and investors on choosing the right fintech product.Three important items covered:1️⃣ Unveiling the game-changing fintech innovation that's disrupting the industry2️⃣ The secret to successfully integrating fintech into credit unions and smaller institutions3️⃣ Expert advice for entrepreneurs and investors on choosing the perfect fintech productAlso, watch the entire episode on YouTube. Links:TruStage Ventures:Website: https://www.trustage.com/venturesLinkedin: https://www.linkedin.com/company/trustageFacebook: https://www.facebook.com/TruStageInstagram: https://www.instagram.com/trustage/Twitter: https://twitter.com/TruStageFintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupporting PartnersSupport is provided by the Vital Credit Card.Make a statement in your wallet with a sleek Metal credit card that pays you cashback when you share and spend responsibly while it helps improve your credit health. Request an Invite at vital.fintechconfidential.comSupport is provided by Solvpath, an A.I.-driven customer support system that uses a visual format and self-serve technology to quickly and effectively resolve issues, resulting in satisfying support experiences for customers. Get the best customer support system for your business. Get Solvpath. Get started by visiting www.getsolvpath.com Time Stamps:[00:02:43] Brian's Amazing Journey into Fintech: How He Became a Tech Guru in the Financial WorldBrian shares his inspiring story of how he entered the fintech industry and the role technology plays in transforming financial services.[00:05:18] Passion Unleashed: Brian's Drive to Solve Real-World Problems through FintechDiscover Brian's deep passion for empowering individuals and providing financial security through innovative fintech solutions.[00:06:27] Life-Changing Moment: Brian's Unexpected Dive into the Fintech DealRelive the thrilling moment when Brian was thrown into a fintech deal and realized his true potential in the tech industry.[00:10:22] Direct to Consumer Space: The Game-Changing Opportunities You Can't MissUncover how companies in the direct to consumer space are revolutionizing the way they reach customers through channel partners, opening up endless opportunities.[00:11:54] Goal Setter: The Ultimate Parenting and Tween Banking AppLearn how Goal Setter, the groundbreaking parenting and tween banking app, is transforming financial literacy for young people and forging connections between banks, credit unions, and the next generation.[00:13:21] Car: The Disruptive Platform Shaking Up Traditional Banks and Credit UnionsExplore how Car, the all-in-one e-commerce platform for vehicles, is revolutionizing the lending relationship and leaving traditional financial institutions in the dust.[00:22:50] Cultural Fit: The Secret Ingredient to Success in Partnerships and InvestmentsDiscover the crucial role of cultural fit in partnerships and investments, and how it can make or break the success of a company.[00:27:02] Fintech Landscape: The Latest Trends and Changes You Need to KnowGet insider insights into the ever-evolving fintech industry, from investment rounds and valuations to market stability and beyond.[00:31:36] Future-Proofing Fintech: Preparing for the Next Big TrendsDive into the future of fintech with a focus on embedded finance, partnerships, automation, and data-driven solutions as the key areas of interest for TruStage Ventures.[00:35:35] Strategic Capital: The Game-Changer for Fintech CompaniesDiscover why strategic capital is becoming increasingly vital for fintech companies and how investors can bring more than just financial support to the table.[00:36:53] Entrepreneurial Wisdom: Brian's Advice on Product FocusLearn from Brian's expertise as he advises entrepreneurs to stay focused on their core market, prove product fit, and generate revenue before expanding in multiple directions.[00:39:32] Laser Focus and Investor Selection: Brian's Golden Rule for FoundersIn a nutshell, Brian advises founders to maintain laser focus and carefully choose their investors for long-term success in the fintech world.This is a Production of Diamond D3, Media ABOUT: Brian Kaas: Brian Kaas is President and Managing Director of TruStage Ventures, and oversees all aspects of TruStage’s venture capital program. Additionally, Kaas serves as the Senior Vice President of Corporate Development at TruStage where he has led the acquisition of numerous companies. He serves as a board member for several fintech companies and is a frequent speaker on emerging fintech trends. Kaas joined TruStage in 2012.Prior to joining TruStage, Kaas was a partner at the national law firm of Foley & Lardner where he handled a broad range of complex strategic transactions, mergers, acquisitions, and corporate restructurings.TruStage : TruStage is a financially strong insurance, investment and technology provider, built on the philosophy of people helping people. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities to improve the lives of those we serve.Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

Sep 9, 2023 • 30min

Lenders Struggle to Keep Up - Brad Tompkins, CIO of Vergent explains why.

Brad Tompkins, the Chief Information Officer of Vergent LMS, Reveals How Technology is Revolutionizing the Lending Industry.In this captivating podcast episode, Tedd Huff interviews Brad Tompkins, the Chief Information Officer of Vergent LMS, a leading lending solutions company in the fintech industry. Brad takes us on his inspiring journey into fintech and shares the incredible story behind Vergent LMS.But that's not all! Brad dives deep into the challenges faced by traditional consumer lenders and banks while unveiling how Vergent LMS is using cutting-edge technology to overcome these obstacles and revolutionize the lending landscape.Prepare to be amazed as Brad Tompkins uncovers the power of data and technology in providing better offers to lenders and enhancing the borrower experience.Here are three game-changing insights you can't afford to miss:1️⃣ Unveiling the Secret: How Vergent LMS is Using Technology to Unlock Unprecedented Lending Opportunities2️⃣ The Shocking Truth: Traditional Lenders Beware! Vergent LMS is Disrupting the Industry with Revolutionary Data and Technology3️⃣ The Million-Dollar Question: How Can Lenders Leverage Technology to Stay Ahead in the Game? Don't miss out on this eye-opening episode that will leave you inspired and equipped with the knowledge to thrive in the ever-evolving world of lending. Tune in now!Also, watch the entire episode on YouTube. Links:VergentWebsite: https://www.vergentlms.com/Linkedin: https://www.linkedin.com/company/vergentlms/Twitter: https://twitter.com/VergentLMSBrad Linkedin Profile: https://www.linkedin.com/in/brad-tompkins/Blog: https://www.vergentlms.com/blog/Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersSupport is provided by Supporting PartnersSupport is provided by the Vital Credit Card.Make a statement in your wallet with a sleek Metal credit card that pays you cashback when you share and spend responsibly while it helps improve your credit health. Request an Invite at vital.fintechconfidential.com Support is provided by Solvpath, an A.I.-driven customer support system that uses a visual format and self-serve technology to quickly and effectively resolve issues, resulting in satisfying support experiences for customers. Get the best customer support system for your business. Get Solvpath. Get started by visiting www dot Get Solvpath dot com www.getsolvpath.com Time Stamps:[00:00:00] Uncovering Brad Tompkins' Inspiring Fintech Journey: How Vergent is Staying Ahead of the CurveIn this episode of Fintech Confidential, host Tedd Huff interviews Brad Tompkins, the Chief Information Officer of Vergent LMS. Brad shares his journey into the fintech space, the inspiration behind Vergent, and how they are staying ahead of the rapidly evolving lending industry. He emphasizes the importance of not being complacent and taking on new technology in order to bring positive change to organizations. [00:02:11] Vergent Founded to bridge tech gaps in lending.Detailed Summary: I graduated with an accounting degree and had a solid background in understanding how lending and financial institutions work. I partnered with Scott Putnamar, a lender with fifty non-depository lending institutions across the Southeast, to form Vergent. Our goal was to bridge the gaps in technology capabilities and servicing certain communities within the lending space. We saw this as an opportunity to help banks and traditional consumer lenders understand the capabilities of technology and how they can use it to expand their customer base.[00:04:24] How Vergent Capitalized on Disruptive Market Changes to Create Explosive GrowthScott launched a comprehensive loan management system that provided lender and borrower focused technology almost twenty years ago. Since then, Vergent has experienced explosive growth in their core industries and new markets. This growth was driven by the complacency in the market and the disruptive market changes of 2008 and 2020. These changes created thousands of opportunities for innovation as customers were scared to go to physical branches. Vergent has been able to capitalize on these opportunities and provide technology to their customers. [00:06:10] How Vergent is Driving Innovation in the Fintech MarketVergent is a fintech company that has been driving innovation in the rapidly evolving fintech landscape. In 2020, Vergent had thousands of branches that could not open due to the pandemic, so they had to provide technology that would bring customers to them. Vergent has had a large implementation just before 2020, which allowed their customer to respond to the market and keep their stores open. As the CIO, Vergent keeps ahead of the curve by focusing on the product. [00:07:56] Vergent's Portal: Unlocking Borrower Success!Vergent has recently released a customer portal that allows borrowers to self-service in a variety of ways. This includes submitting applications, making payments, and accessing current status of their products. The portal also offers features such as multi-language support, automatic payments, document review, and document storage. All of these capabilities are wrapped up in a user-friendly interface, making a big difference in a borrower's success trajectory. [00:09:36] Alternative Data: The Key to Unlocking the Future of LendingVergent's catchphrase is "any loan, anywhere, anytime" and they are preparing for the changes in the Lintech industry over the next five to ten years. Alternative data is a key factor in understanding a customer's ability to repay and is especially beneficial for thin file and no file customers. Alternative data sources include employment data, credential banking information, and other information that wouldn't be on someone's credit report. The vocabulary on the portal also changes to Spanish and persists through the loan documents, allowing lenders to service customers they may not have serviced before.[00:11:54] Unlocking the Power of Alternative Data: How Credential Banking Helps Lenders Understand BorrowersAlternative data, such as credential banking, can help lenders understand borrowers better and provide them with the money they need. This data can include insight into how borrowers spend their money, their balance cycle, and their financial capabilities. Vergent also helps lenders reach customers who don't have a traditional nine to five job or a consistent pay cycle by smoothing out their revenue cycle. Additionally, lenders can use data such as a borrower's social media footprint and Google reviews to gain a different perspective.[00:14:16] Vergent: Solving Customer Experience Challenges with Pre-Underwriting Capabilities.Vergent is a company that helps customers understand the importance of data and how it can be used to deliver better offers to them. They specialize in pre-underwriting capabilities such as fraud detection and device behavior, which helps to weed out fraud and provide better access to credit for underserved customers. Vergent also helps customers understand whether or not they are talking to a real person on the other side, based on the behavior and types of things they click on. This helps to solve customer experience challenges and provide a better customer experience. [00:18:15] Vergent: The Traffic Cop of the Lending Process, Simplifying the Process for Borrowers and Lenders.Vergent is a platform that simplifies the lending process for borrowers and lenders. It acts as a traffic cop, bringing together data from multiple providers and providing the necessary functionalities and capabilities to make the process easier. It also has a collections platform that allows borrowers to get back on track if they become delinquent, with options such as deferral, forbearance, and payment plans. Vergent puts the best decision for the customer and the borrower in front of the agent at all levels of the process.[00:20:11] Vergent: Revolutionizing the Way Lenders Communicate Digitally with CustomersVergent is a visionary in the Lintech market, helping lenders communicate digitally with their customers. Vergent provides the best of all instances, allowing customers to reach out to their lender in whatever way they feel comfortable. Vergent puts the data that any given agent needs at any given time right in front of them, allowing them to make the best decision for the customer and also the borrower. [00:22:09] Vergent LMS: Quality Assured with US Employees - The Future of Vergent LMSVergent LMS is revamping their platform, Omnia, to ensure quality and customer satisfaction. To ensure the quality of the software and services, Vergent LMS employs full-time US employees to manage the software life cycles and deliverables. The future of Vergent LMS is focused on providing the best platform out there.[00:23:52] The Future of Lendtech: How Vergent LMS Plans to Innovate and Expand In this text, the speaker discusses how Vergent LMS plans to continue to innovate in the Lendtech industry by expanding into new markets and opportunities. They are currently working with community banks in Mississippi on a product that will bring lending and capability to customers who may not have had the opportunity before. The speaker then shifts gears and offers advice to other entrepreneurs looking to innovate in the fintech space, emphasizing the importance of persistence.[00:25:26] Persistence Pays Off: How One Financial Institution Learned the Hard Way"The speaker emphasizes the importance of persistence in the financial industry, noting that it is always worth it to take on new technology or make changes in how one does business. They share an example of a customer implementation that was difficult but ultimately successful, and the lesson learned was that it was worth the effort to take multiple LMS platforms and combine them into one. [00:27:40]Consolidate, Transform, Leverage, Succeed, Fintech, Vital.In this episode of Fintech Confidential, Brad Tompkins of Vergent discussed how the company is transforming the lending industry by consolidating everything into one platform and creating a system of record that is almost ERP-level. This allows lenders to build huge growth, as Vergent's clients went from 600 to almost 900 branches. Brad also discussed how technology can be leveraged to bring borrowers and lenders together, and how both parties can be successful. Finally, Brad shared his appreciation for the Vital Credit Card, which pays cash back when users share and spend responsibly while helping improve credit health.This is a Production of Diamond D3, Media ABOUT: Brad Tompkins: Brad Tompkins serves as the Chief Information Officer at Vergent LMS, a leading fintech company offering a comprehensive loan management software solution. In his role, Brad oversees the company’s product and technology initiatives, ensuring that Vergent’s platform consistently performs at a high level for all users and partners.Brad's journey with Vergent spans nearly a decade. Before ascending to the role of CIO, he held the position of VP of Strategic Planning and Development. In this capacity, he was instrumental in shaping product initiatives, fostering key customer relationships, streamlining service-delivery processes, and building strategic business alliances.Prior to joining Vergent, Brad amassed significant experience in the financial industry through various audit and accounting roles. He collaborated with esteemed firms such as Horne LLP, Eubank Betts Hirn Wood, PLLC, and Weaver. A graduate of the University of Southern Mississippi, Brad's academic pursuits encompassed both Accounting and Business Management.Under Brad's leadership, Vergent LMS has distinguished itself by offering a platform that covers the entire loan cycle, from origination to servicing. The company's mission is to address the technology needs of non-depository lenders, and under Brad's guidance, Vergent has consistently innovated to stay ahead in the rapidly evolving fintech landscape.Vergent: Vergent Loan Management Software (Vergent LMS) provides an omnichannel lending solution for lending institutions and financial services organizations. Based out of Texas and Mississippi, Vergent offers an end-to-end solution for consumer, small-dollar, auto, and online lenders. Founded in 2006, the company serves lenders in the U.S., Canada, Mexico, and Central America. With over $690 billion serviced and 20,000 active users, Vergent offers lenders an intuitive software that seamlessly adapts to any business. Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

Aug 27, 2023 • 34min

Control Business Finances with Center Real-time SpendTech with CEO, Naveen Singh

Naveen Singh, the CEO of Center, shares his insights on revolutionizing spend management in the fintech industry. Discover how Naveen's background in fintech and experience at Concur shaped his approach to leading Center. Uncover Center's vision for the future of spend management and how they empower businesses. Plus, learn about their corporate card, integration with ERP systems, and unique pricing model. Don't miss these three game-changing takeaways:1️⃣ Boost Your Business's Efficiency with Center's Innovative Solutions 2️⃣ Discover the Secret to Effective Spend Management in the Fintech Industry 3️⃣ How Center's Differentiated Pricing Model Can Revolutionize Your Financial StrategyTune in to this episode to gain valuable insights from Naveen Singh and explore Center's commitment to customer satisfaction. Also, watch the entire episode on YouTube. Links:CenterWebsite: https://getcenter.comLinkedin: https://www.linkedin.com/company/getcenterhqInstagram: https://www.instagram.com/getcenterhqTwitter: https://twitter.com/GetCenterHQFintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersSupport is provided by Solvpath, an A.I.-driven customer support system that uses a visual format and self-serve technology to quickly and effectively resolve issues, resulting in satisfying support experiences for customers. Get the best customer support system for your business. Get Solvpath. Get started by visiting www dot Get Solvpath dot com www.getsolvpath.com Time Stamps:00:01:23 CEO Naveen Singh discusses innovative spend management.00:04:53 Employees' spending habits have changed drastically, leading to a breakdown in traditional spend management systems. The integration of credit cards and expense management software is key to transforming the category.00:09:33 Realtime expense management software with configurable customization.00:13:36 Products sold together, automated expense reports, real-time data, no monthly fees, aligning with customer outcomes.00:18:14 Customers struggle with allocating expenses to projects. Our solution streamlines the process and improves revenue.00:22:15 Launched product before Covid, focused on value.00:24:32 "Intuitive, free, high-quality service challenges market norms."00:28:07 Funny stories, fraud discovery, and process changes.00:33:08 getSolvpath.com00:33:51 DD3 Media production, not legal/financial advice. Use cautiously.This is a Production of Diamond D3, Media ABOUT: Naveen SIngh: Naveen is passionate about next-generation technology rewriting the future of finance. He brings more than a decade of experience in financial services and has a deep understanding of how Center’s efforts can empower innovation across the spend management ecosystem. Naveen began his career at Concur, working in product and business development. It’s also where he developed and cultivated his strong product orientation.Center : Center is a software company helping businesses gain visibility into and manage employee spending. Our leadership shaped the first wave of spend management innovation, and created Center to deliver a more cost-effective and modern way to automate expense processing for mid-market companies. Center Expense, our core offering, is an integrated corporate card and expense solution used by small and medium-sized enterprises to save time, improve operations and compliance, and deliver real-time insights to finance teams for better decision making. Center is a privately held company headquartered in Bellevue, WA with team members nationwide. For more information, please visit getcenter.com.Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President and founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

Aug 13, 2023 • 59min

!!APPLICATION DECLINED!! It’s not you... It’s your Smartphone’s Metadata.

Michele Tucci, the Chief Strategy Officer and Managing Director for Americas at Credolab, a groundbreaking fintech company revolutionizing credit risk assessment. In this episode, Michele shares his incredible journey in the industry and how Credolab utilizes smartphone metadata analysis to provide financial inclusion.Discover the three game-changing insights they discuss:1️⃣ Unveiling the Secret: How Smartphone Metadata Analysis is Transforming Credit Risk Assessment2️⃣ The Shocking Truth: Traditional Credit Assessment Methods are Obsolete3️⃣ The Future is Here: Harnessing the Power of Machine Learning Algorithms for Accurate Creditworthiness EvaluationTune in to this episode to gain exclusive access to Michele's expertise and learn how Credolab is reshaping the financial landscape with data privacy and security at the forefront.Also, watch the entire episode on youtube. Links:CredolabWebsite: https://www.credolab.com/Linkedin: https://www.linkedin.com/company/credolab/X (Twitter): https://twitter.com/CredoLabFacebook: https://www.facebook.com/credolab/Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersSupport is provided by MPC 2023, the premier event for fintech leaders. This is your chance to shake hands and rub shoulders with the world's top experts in payments, loyalty, blockchain, digital currencies, cybersecurity, consumer privacy, and other emerging fintech solutions connecting you directly with the future of commerce. If you haven't already, mark your calendars for August 23rd through the 25th and join me and Fintech Confidential at the Westin Atlanta Perimeter North. When you sign up for FinTech confidential notifications, you will receive a discount from $50 to 100% off.Or use this link for $50 of registration. https://mpcevent.com/FTC50Time Stamps:[00:10:14] Why Listening to Clients is Crucial for Product DevelopmentFind out why listening to clients and their feedback is essential in shaping the development of a product.[00:06:13] The Fintech Industry: What's Changing?Discover how the fintech industry is evolving differently in developed countries and emerging markets, and what it means for you.[00:13:26] Smartphone Metadata Analysis: A Game-Changer for Credit Risk AssessmentLearn how Credo Labs is revolutionizing credit risk assessment by using smartphone metadata analysis.[00:14:55] Financial Inclusion: Solving the Problem of the UnbankedExplore the potential of using smartphone data for credit risk assessment and how it can help address financial exclusion.[00:16:39] Breaking the Mold: Changing Credit Assessment in Financial InstitutionsFind out how Credo Labs is disrupting traditional underwriting processes and providing access to credit for individuals and small businesses.[00:19:43] Machine Learning and Standardized Data Sets: The Future of Credit AssessmentDiscover how Credo Labs utilizes machine learning algorithms and standardized data sets to predict creditworthiness using smartphone metadata.[00:29:16] Unveiling Fraud Detection and Data Manipulation with Smartphone MetadataUncover the secrets of using smartphone metadata analysis to detect fraud and manipulate data.[00:35:13] Credit Invisibles: How Credo Labs is Making a DifferenceLearn how Credo Labs' innovative solution addresses the issue of credit invisibles and promotes financial inclusion.[00:40:53] Privacy and Security: Protecting Your Financial DataUnderstand how Credo Labs ensures the privacy and security of your sensitive financial data.[00:44:15] Affordability Checks and the Role of Salary in Credit Risk AssessmentDiscover why affordability checks and considering salary are crucial factors in assessing credit risk.[00:45:52] Analyzing Calendar Events and Contacts: The Key to Understanding Behavior for Credit Risk AssessmentFind out how analyzing calendar events and contacts can provide valuable insights for credit risk assessment.[00:48:22] The Power of Interconnectivity: Analyzing Phone Behaviors for Credit Risk AssessmentExplore how the interconnectivity between different devices can help analyze individual phone behaviors for credit risk assessment.This is a Production of Diamond D3, Media ABOUT: Michele Tucci: Michele Tucci is the Managing Director of Credolab business in North and Latin America and also Credolab's Chief Strategy Officer. Prior to joining Credolab in 2018 as Chief Product and Marketing Officer, Michele worked on international consulting assignments, product management, and business development roles with the likes of Capital One, MasterCard, Intesa Sanpaolo Bank, and Telecom Italia Mobile. He has conducted business in 47 countries and has in-depth knowledge derived from nearly 22 years in cards, payments, wallets, consumer lending, FinTech, and digital products.Credolab: Credolab is revolutionizing the financial industry by providing digital scorecards based on smartphone metadata analysis for banks, neobanks, EWA apps, crypto lenders, and any industry dealing with risk, fraud, and marketing. Their core technology is built on proprietary Machine-Learning algorithms and allows an analysis of over 10 million behavioral features to make a predictive credit risk score, marketing predictions, or fraud detection without processing any personal data. For now, the Credolab SDK leverages experience of 200M+ digital footprints and 30M+ people scored to date for 200 corporate clients, including well-known fintech companies and unicorns in over 30 countries.Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements, and user experience-driven value to simplify the complexity of payments.Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

Aug 12, 2023 • 37min

Scale your e-commerce business with the ultimate capital management partner , Viably

Host Tedd Huff interviews Oz Merchant, Vp of Customer Success, who is the Fintech and Entrepreneurship Guru of the groundbreaking company Viably. They spill the beans on their startup journey and how Viably is revolutionizing the e-commerce industry.Three things that will change how you look at ecommerce: 1️⃣ Unveiling the Secret Sauce: How Viably Helps E-commerce Businesses Access Capital like Never Before!2️⃣ The Untold Challenges of E-commerce Sellers and How Viably Saves the Day with Tailored Solutions!3️⃣ The Burning Question: How Does Viably Stay Ahead of the Competition with a Holistic Approach and Data-Driven Decision-Making Tools? Get ready to have your mind blown as our guest spills all the fintech tea in this episode!Also, watch the entire episode on youtube. Links:ViablyLinkedin: https://www.linkedin.com/company/runviably/Twitter: https://twitter.com/runviablyFacebook Page: https://www.facebook.com/runviablyInstagram: https://www.instagram.com/runviably/Youtube: https://www.youtube.com/@viablyFintech Confidential Website: www.runviably.comYouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidentialSupportersSupport is provided by MPC 2023, the premier event for fintech leaders. This is your chance to shake hands and rub shoulders with the world's top experts in payments, loyalty, blockchain, digital currencies, cybersecurity, consumer privacy, and other emerging fintech solutions connecting you directly with the future of commerce. If you haven't already, mark your calendars for August 23rd through the 25th and join me and Fintech Confidential at the Westin Atlanta Perimeter North. When you sign up for FinTech confidential notifications, you will receive a discount from $50 to 100% off.Or use this link for $50 of registration. https://mpcevent.com/FTC50Time Stamps:[00:00:06] The journey into fintech: OZ's story of how he found success in the startup world and ended up in the exciting field of fintech[00:05:04] Identifying the problem and mission of Viably: Learn about Viably's mission to solve the capital management problem for e-commerce businesses and how they're making a difference.[00:09:39] Challenges faced by e-commerce sellers: Discover the obstacles that e-commerce sellers face, from supply chain disruptions to the need for capital to scale their businesses.[00:11:47] Capital Management and Financial Planning for E-commerce Sellers: Get expert insights on understanding capital needs and developing effective financial strategies for e-commerce sellers.[00:14:47] Viably's Unique Features and Services for E-commerce Businesses: Find out how Viably's platform empowers e-commerce sellers with data-driven knowledge, cash flow forecasting, and growth strategies.[00:19:54] Real-Life Example of Viably's Impact on an E-commerce Business: Dive into a case study showcasing how Viably transformed an e-commerce seller's business through cash advances, inventory restocking, and vendor partnerships.[00:22:27] The challenges faced by e-commerce sellers: Learn about the partnership and technology layers that streamline the seller experience and remove friction points like ad spend.[00:23:33] Capital management and financial planning for e-commerce sellers: Explore the importance of additional capital for marketing new products and making strategic growth decisions.[00:24:51] Viably's mission and vision for the future: Discover the exciting future of Viably and the role of data analytics, machine learning, and AI in underwriting businesses.[00:33:09] The mission and vision of Viably: Delve deeper into the mission and vision of Viably, a fintech startup that's revolutionizing the industry.[00:34:34] Discount offer for Fintech Confidential notifications: Don't miss out on a special discount offer for signing up for Fintech Confidential notifications.[00:35:01] Disclaimer and caution regarding cryptocurrencies: Get informed about the risks and volatility of cryptocurrencies, and the importance of personal research and decision-making.This is a Production of Diamond D3, Media ABOUT: Oz Merchant : Oz Merchant is the VP of Customer Success at Viably. He has 15 years of experience in the local startup community and is on startup number six. He has consulted and coached startup founders across 5 continents. Oz is also a SCORE Mentor for the Raleigh Chapter. Entrepreneurship is his passion and he loves connecting budding founders and sellers with the resources they need to make their vision a reality.Viably: Viably is a free all-in-one banking, insights, and financial management app designed specifically for small business owners. Viably has built a small business banking experience backed by your business data, with insights tailored to your unique goals. The app is designed for all-in-one visibility into your cash and income–giving you the confidence to know where you stand and get paid faster. Viably’s banking and financial tools for small businesses remove the guesswork from critical decisions, giving you financial clarity to operate and grow. Dream boldly, run viably. For more information about Viably visit www.runviably.com.Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

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