Breaking Banks Fintech

Regulatory scrutiny as it relates to banks and fintech partners is starting to get hot as regulators get more vocal. This week on Breaking Banks, Jason Henrichs covers this and more with his guests Kirsten Muetzel, Chief Risk Officer, Fundid; Keith Evans, VP, VMO, First Northern Bank; and Clayton Mitchell,  Principal, Crowe LLP.  Listen as they discuss the regulatory complexity of creating fintech partnerships, vendors as partners and the value of these partnerships as financial institutions work their way down the Yellow Brick Road. Then, Dara Tarkowski, host of Provoke.fm's Tech on Reg speaks with Resolver's  Amanda Cohen, Director of Products about Reg-Tech and risk management. Resolver is changing the landscape of risk management by analyzing risk data in context to use risk as strategy in business development. By leveraging this type of tech, modern businesses are now able to keep a pulse on the regulatory market and transform into risk-intelligent entities. https://youtu.be/Sbl6LHkAlKY

Host Jason Henrichs kicks today's episode off with song — it's not to be missed and neither are the conversations with Michael Kitces, Nerd's Eye View and then Theodora Lau, Unconventional Ventures. The markets are a bit frightful and there is strain on individuals and financial service providers. Our guests address the role of technology and empathy. Michael covers the role tech plays in financial planning. Much has been said of robo-advisors but there are parts of the process and the trusted advisor relationship that can't be digitized. Tech makes you efficient but advice delivery, expertise and deep financial advisor relationships can't be automated. Tech doesn't supplant the human, it augments the human relationship, the right combination changing individual trajectories. Money is emotional and current situations have people stressed. Theo addresses empathy. People need help managing money; many don't have the right data, tools to take action, and lack discipline. Debt is going up and, with record i

In honor of Native American Heritage Month and Day (11/25) we have an incredible episode hosted by Amber Buker and Jason Henrichs. First, Amber speaks with Dawson Her Many Horses, SVP & Head of Native American Banking about Wells Fargo's new report on Indian Country’s Once-In-a-Seven Generation Opportunity. Wells Fargo is a leading provider of capital for the native american and Alaska native markets banking 4 out of 10 federally recognized tribes in the US, equating to roughly $3B in credit commitments and $3.9 billion in deposits. Incredible but often invisible opportunities exist to partner with tribal economies. Then Jason sits down with Amber to talk about what inspired her to start Totem. You need only listen to the founding story and Amber's interest in aligning opportunities with mission to understand. What better way to help others than by starting an identity-focused bank! Totem, a truly mission driven company, supporter and advocate for native culture with a goal to create pathways to financial

The party goes on....or does it? Are we back to normal before things went crazy? Jason kicks this episode off with a conversation with Jason Mikula, Fintech Business Weekly. They dive into one of JH's favorite topics....interchange! Listen as The Jasons discuss payments, rewards, mobile wallets and the rise of commerce players (Walmart and Amazon) becoming more fintech focused with what they do. Then JP connects with Nick Chandi, CEO and Co-Founder, Forward AI created to solve SMB cash flow problems. It's difficult for small businesses to share their accounting data with banks and other financial players to speed access to secure financing. Forward AI’s API enables SMBs to connect in an easy way to share data and bridges a gap for financial institutions, lenders and other fintechs to help SMBs stay financially healthy. https://www.youtube.com/watch?v=Y3K__IiPhHI

This week JP Nicols continues exploring the risks and opportunities in the global economy and how to balance fraud and friction with these live recordings from Money 20/20 in Las Vegas. We start in Latin America, with Sergio Almageur. Founder and CEO of Yaydoo, which simplifies finance with its B2B payment automation tools and helps small businesses manage invoices, payables, receivables, and cross-border payments. Then we connect with Misha Esipov from Nova Credit and discuss how they’re addressing the challenges of immigrants and expats getting credit in the U.S. Listen to learn how to unlock opportunities for those historically excluded from the credit system and companies looking to serve them, and how Nova Credit recently partnered with HSBC to provide the bank with global access to its cross-border credit data product. https://www.youtube.com/watch?v=cyWWHTLViIo

If you want to play the game, learn the players. Listen as Amber Buker records live from the MoneyPot podcast booth at M20/20 with Kelsey Weaver, a Founder, Investor, Bank Board Member and Philanthropist, and Siya Vansia, SVP, Chief Brand and Innovation Officer, ConnectOne Bank. The OG Fintech Girl Gang members share insights on what fintechs need to do as investment dollars tighten and how bank investors are creating new paradigms that recognize value is not the same as valuation. Then, futurist and humanist Gerd Leonard joins Brett King and Robert Tercek to talk about a positive future, one that is inclusive, sustainable and purpose driven. What kind of world do we want? As talk turns to putting things in action and global perspectives, they cover tech & reboots, regulation, NFTs and crypto. https://youtu.be/Gp2e4ZsRo94

Everyone talks about reducing friction, but could there be too much of a good thing? New research shows that in processes like account opening making it too easy actually reduce’s the customer’s confidence. Today’s theme is about balancing fraud and friction in the global economy… in identity verification, onboarding, payments, payroll, and more.  First JP Nicols talks with Michael Ramsbacker, Chief Product Officer from Trulioo, then Eynat Guez, Cofounder and CEO of Papaya Global joins the show.These are the first of several interviews from Money 20/20 in Las Vegas, where we’re recording live. In coming shows you’ll  hear more interviews from Jason Henrichs. Amber Buker, and Chloe James with other experts and entrepreneurs. https://youtu.be/xMZx8qVbeps

A boutique bank with a big vision! Seattle Bank's Josh Williams, EVP Chief Banking Officer and Head of Partnerships speaks with Jason Henrichs about Seattle Bank's forward-leaning approach and how they are leveraging tech to guide BaaS partnerships. Call it BaaS' second era, they talk about the next iteration of BaaS, embedded finance, and what banks have to get right if they want to compete in the space. Seattle Bank is keeping its eye on the puck and where it's going as they continue to solve client and market problems. Then, "Deep Tech" is transforming every industry. Tricia Martinez, Managing Director Techstars, Industries of the Future Acceleratorcovers Deep Tech. What is Deep Tech? Tech that addresses deep engineering and science driven problems such as AI, biotech, quantumcomputing...tech with potential to revolutionize industry and problems our world is up against. As an example we connect with Spiky.ai’s Co-Founder Furkan Eris. Spiky.ai powers and increases the engagement of forward thinking compa

Work practices have changed. Attracting and retaining talent is more critical than ever. There are three pillars in helping generate meaningful work behavior -- character, leadership and culture -- all three so important. Listen as Brett King speaks with Making Meaningful Work authors Daniel Szuc and Jo Wong about how these pillars and soft skills are needed to make work more human. With digital nomads adopting different working styles, how do you create culture? The three M's will help with that! Then, sustainability and climate are key initiatives for our global community. David Reiling, host of Provoke.fm's Next Gen Banker, covers these in the second half of the episode as he speaks with Marilyn Waite, lead of the Climate Finance Fund, a $75 million philanthropic platform covering the markets of China, Europe and the United States. Fintechs can play a key role in these initiatives, they'll get into that as well as positive change, Carbon Accounting Financials and hopes for tomorrow's banker. https:/

Back to life, back to reality . Or at least back to "in real life." Conferences are back. Finovate had its largest show ever in New York City and the Provoke team is crisscrossing the globe to speak, record and fight. That's right, fintech fight club made another appearance at Finovate with Lindsay Davis of Atomic squaring off against Mary Wisniewski from Bankrate. The best fight yet and it's available at provoke.fm This week far fewer punches but Jim Marous, Chloe James and Jason Henrichs talk about all things Finovate. One of the key takeaways from the return to in person is the awkward "how do I end this conversation" in real life vs. online. Jason demonstrates how much easier it is online by hanging up on Jim! Then Chloe connects with Sam Kilmer, Cornerstone Advisors and James Robert Lay, Digital Growth Institute. With current volatility what wins deals and how has deal-making changed? New patterns, new approaches and opportunities to transform banking for good. We hope to see you in person soon too

Opportunity abounds for those willing to go after things differently. Being a fast follower doesn't work, fintech is compromising the model and traditional infrastructure is being pushed on. It's time to solve hard problems! After crisscrossing the globe to speak at industry events, meet with leaders and record, the Breaking Banks hosts are all at their mics to talk about global trends in innovation, fintech and broader tech, and the effect on incumbent banks and challenger banks. They offer a mix of insights and perspectives on what they're seeing, where they think things are going and what industry leaders should do as we head into the 4th quarter and strategic planning season for 2023 and beyond! https://youtu.be/0OPEeYxkKJY

Some like it hot and that would include the regulators. The acting comptroller of currency has been very public about unseen risks and unintended consequences that can disrupt the financial system. Kiah Haslett, Managing Editor at Bank Director and Alex Johnson, creator of Fintech Takes and host Jason Henrichs break it down while eating hot wings. This episode is hotter than the Trinidad Scorpion sauce that almost made Jason cry. https://youtu.be/vQlJ-HB8OLM

Building trust with those who never opted-in and those who opted-out of the system is central in today's conversation with three founders from two neobanks that are making a difference, Obsidian Bank's Damon Kirk and Steven Farrar, and Totem’s Amber Buker. Each neobank has it's unique needs and challenges, but there is commonality. Obsidian Bank serving the Black Community and Totem the Native American community. The segment is enlightening, each is an active participant in the community they serve, For Us By Us! Then, Jason Henrichs connects with Asra Nadeem, Draper University -- it's not a college or university -- it's an accelerator for entrepreneurs. They talk about Draper's mission, programs and success as well as Draper Startup House's participation in Fintech Islands (Barbados, startup event), spotlighting founders of a diverse group of early-stage fintechs. The fintech ecosystem in the Caribbean is relatively new but evolving rapidly, the islands representing a substantial market opportunity and an

Interested in both a positive, beneficial relationship with information and excelling at work and other ventures? Listen as Ross Dawson and Brett King discuss Ross's latest book, Thriving on Overload, and cover topics like flourishing in an accelerating world. Achieve superior outcomes in all aspects of your life by developing 5 powers that together enable extraordinary performance:  purpose, framing, filtering, attention, and synthesis. Become an information master! But first, fresh from Fintech DevCon, Jason Henrichs speaks with Jared Jones (Ecosystem Lead, Moov) about the importance of vulnerability, even for developers in our space, and the need to humanize tech. https://youtu.be/45oOSa0fVRI

In Episode 444, we feature a segment on what makes Australia a great environment for fintech innovators. Our series continues with this episode’s focus on payments. First, Brett connects with Paul Byrne, CEO of Zai, a paytech company boldly transforming the future of financial services, powering mid-market and enterprise level business customers, and automating payment workflow so executives can focus on running their businesses. Then Brett speaks with Damian Kassabgi, Head of International Public Policy at Block, parent company of Afterpay, a phenomenal Australian success story. Damian’s business acumen and strong grasp of public policy offer a valuable combination that makes for an insightful conversation. Finally, Brett connects with Henri Arslanian at Consensus 2022 to discuss Henri’s latest book, The Book of Crypto: The Complete Guide to Understanding Bitcoin, Cryptocurrencies and Digital Assets. https://www.youtube.com/watch?v=2xl4nS74UVQ

Learn about 5 practical strategies to unlock innovation, connect with customers and grow. In this week's episode Jason Henrichs and Jim Marous, The Financial Brand, interview Allison Netzer and Liz High about their book Think Like A Brand Not A Bank. Maybe you don't necessarily put the customer first. Great brands get great returns every time. Then Brett King takes over the mic with his The Futurist co-host Robert Tercek as they speak with Glenn White about the Metaverse as a Branding Statement. In the digital domain, marketing is technology. Glenn White builds advertising systems for brand managers inside game worlds. In this segment, Glenn explains the complex strategic decisions that govern how brand advertising will evolve in the Metaverse. https://www.youtube.com/watch?v=DCCtHLUatNI

In This Episode In this episode, host JP Nicols connects with Greg Palmer of Finovate about new entrants in the fintech space, companies spotlighting new launches who are eager to share their tech and what they can do for our industry at Finovate Fall. Finovate is all about showcasing cutting-edge banking and financial technology, supporting new companies and new ideas, particularly those not exactly in the mainstream now but looking to tackle upcoming challenges. We finish with Fintech Fight Club Cage Match Edition with MC Greg Palmer, referee JP Nicols, and fintech fighters Wade "Moov and Groove" Arnold, Lindsay "Knockout" Davis, Ambika "The Bay Area Bruiser" Sharma, and Ron "The Shiv" Shevlin. It's a battle of ideas and perspectives...pros and cons...an entertaining and thought-provoking format. Enjoy the match! https://youtu.be/ZsGpvKXgB9g

In This Episode In this week’s episode Brett King and Robert Tercek, Brett’s The Futurists cohost, interview two-time presidential candidate, entrepreneur, journalist and futurist, Zoltan Istvan. We dive into how the species might evolve to adapt to living with AI, a changing climate and even to life off-planet. It's controversial, dynamic and the philosophy and ethics of humanity are front and center in the debate. We’ll see you in the future! https://youtu.be/8ocmx8IS33o

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Today, Brett King and David Birch connect with two executives from FIS about bank board-level conversations they are having. Listen as Himal Makwana, SVP Head of Product Strategy & New Initiatives and Fiaz Sindhu, VP Mid-tier and Community Banks cover discussions andstrategies for banks to be competitive in the crypto space, how bank clients are engaging with crypto today, and how banks can be moreinvolved in the sweeping changes that crypto and blockchain are having on tradfi. Then Amber Buker speaks with Parker Graham, CEO of Finotta, a fintech helping banks personalize their mobile experiences with financial journeys that take the friction out of cross selling. Parker's background as former tackle with the Baltimore Ravens and then aprivate banker provides a colorful backdrop to his founder story. Parker formed Finotta after a sharp pivot from wealth tech, reemergingjust months later with a key customer and new funding. https://youtu.be/jHOPz7iKXa0