Fintech Insider By 11:fs

Sam Maule is joined by a fantastic panel of guests to discuss the impact of the coronavirus pandemic on the US' underbanked communities. Here to discuss the matter are: Abbey Wemimo - Co-founder, Esusu John Hope Bryant - CEO and Chairman of Operation Hope Thea Garon - Senior Director, Financial Health Network As COVID-19 spreads across the globe, the US is facing a financial crisis that is hitting ethnic minorities and those left out of the formal financial system the hardest. In this week's Insights show, Sam and guests discuss the origins of financial inequality in the States, the social implications of unequal access to finance and credit, and the future of the underbanked in a world turned on its head by a global pandemic. This podcast is brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in computer vision, artificial intelligence and machine learning. Mitek’s identity verification sol

Our expert hosts, Sarah and Ross, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Sanjay Gupta VP and Global Head of Products and Corporate Development - Mitek US Rachael Pollard, Chief Growth Officer at Starling Anti-Jussi Suominen, CEO of Holvi We cover the following stories from the fintech and financial services space: Is now a good time to start a challenger bank? As Vivid Money launches in Germany and we hear from their co-founder Alexander Emeshev to give us his perspective Marcus shuts to new UK clients Fintech in the MENA region is hotting up as islamic finance start up Wahed raises $25m to grow it’s Saudi Arabia hub - and we hear from their Chief Product Officer Kareem Tabbaa to learn more Onfido, Deloitte and Evernym Prove that Re-usable Digital Identity is Market-Ready with the FCA Regulatory Sandbox - and we hear from Onfido CEO Hussayn Kussai to tell us more Mastercard, Axis

Sarah Kocianski is joined by a fantastic panel of guests to discuss the impact of the coronavirus pandemic on digital infrastructure and transformation, as the pandemic has already forced FS organisations to innovate quicker than they’ve ever done before, out of necessity . Our guests are: Lance Homer - Global Head of Digital Payments and Banking Ecosystem at Equinix Andrew Smith – CTO and founding member RTGS Limited Scott Abrahams, SVP, Business Development & Fintech at Mastercard Nick Funnell - Head of Consulting Engineering- 11:FS Sarah and her guests discuss how businesses even define infrastructure, what changes they've already seen already for both themselves and their customers, and to discuss the really big question: how do you create truly digital infrastructure that will be sustainable long after the pandemic is over? This podcast is also brought to you by Equinix. Equinix is the world's largest data center & colocation provider, enabling fastest application performance, lowest latency a

Our expert hosts, Adam Davis and Sarah Kocianski, are joined by some great guests to talk open finance. We want to know what it is, how is could work and improve customers' lives, what hurdles and regulation might have to be overcome or changed, and what learnings it could take from open banking, This week's guests are all experts in open banking and finance who help us lift the lid on this new and unexplored topic. Including: Dan Morgan, Policy Lead, Europe, Plaid Daniel Globerson, Head of Open Banking, RBS Faith Reynolds, Independent Consumer Representative for the Open Banking Implementation Entity The FCA, the UK’s regulator put out a Call for Input on the development of Open Finance to which we at 11:FS submitted our own input, as did our panel, and its our joint views on open finance, and its evoution and eventual roll out, that we discuss in this show. We have also teamed up with Dan Morgan and the team over at Plaid to publish our joint ideas on how we see Open Finance evolving in a writte

Our expert hosts, Sam and David are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Scott Harkey, Chief Strategy Officer & Head of Payments at Levvel Ben Metz, Sr Managing Director at Jack Henry Maia Bittner, Head of Business Operations at Chime We cover the following stories from the fintech and financial services space: E-commerce platform Shopify to launch ‘Shopify Balance’ for businesses 05.42 Afterpay Reaches Five Million Active Customers after Two Years in U.S. Market 16:33 2. Bank of America leak exposes business details of PPP relief applicants as applications across the board decline 22:00 Raisin launches deposit solutions for US banks and credit unions - 30:59 Aspiration raises $135 million 41:25 New York stock exchange reopens… but with some changes 47:50 Are we back at Animal Crossing again? I think so. 57:03 *This podcast is brought to you by Jack Henry Digital

In today's episode, we bring you an interview with Arlan Hamilton, founder and managing partner of Backstage Capital. From improbable beginnings, Arlan Hamilton is making waves in the venture capital space by investing in companies led by underrepresented founders. Less than 10% of all venture capital deals go to women, people of colour, and LGBT founders and Arlan has made it her mission to change that. We kick things off talking about her book It's About Damn Time. With rave reviews from Mark Cuban, Stacey Abrams, and Jameela Jamil, Sam and Arlan discuss the book writing process and how to turn being underestimated into your greatest asset. From sleeping on the floor of the San Francisco International Airport to becoming the first non-celebrity black woman to be featured on the cover of Fast Company, we hear about how Arlan's upbringing, her past life as a tour manager and her unconventional journey through Silicon Valley has shaped both her and the company she runs. This podcast is brought to you by

In today's insights show, we lift the lid on digital identity. What it is, how it works, how it varies from country to country and what are the next use cases now and in the future - especially with the impact of COVID-19. They are joined by 3 fantastic experts in the space: Joe Bloemendaal - Head of Strategy for Mitek Emma Lindley, Women in Identity and CCO for Truststamp Marcel Wendt - CTO and Founder - Digidentity With the help of our expert panel, Jason Bates and Simon Taylor dig into the three key components of digital identity: verification, authentication & authorisation, and how these are evolving. They also touch on how the covid-19 pandemic is speeding up interest in identification and making it more important than ever. This podcast is brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in computer vision, artificial intelligence and machine learning. Mitek’s identity verifica

Our expert hosts, Sarah Kocianski and Adam Davis, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Sara Castelhano - EMEA Head of Payments and Digital Product, J.P. Morgan. Oliver Baxter - Head of Brand, Communications & Product, ByMiles Hannah Dawson, CEO and Founder, FUTRLI We cover the following stories from the fintech and financial services space: Your Coronavirus and financial services news round up 01:54 Samsung Pay team up with Sofi to launch a debit card 23:24 Mastercard’s massive financial inclusion pledge 34.16 86 400 drops mortgage rates and completes approvals in just a few hours 42.20 Monkey business: primate goes bananas at ATM 54.09 We also hear from Scott Abrahams, Senior Vice President, at Mastercard to give us the inside scoop on their 1 billion financial inclusion pledge. This podcast is brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile

In today's show, Sam Maule lifts the lid on SMB banking practices in the US, and how they're being chronically underserved. Joined by 11:FS' Jobs to be Done guru Ryan Garner and our panel of guests, they discuss how SMBs could be better served in the future and how products and services should be designed to suit their needs. This week's guests include: Adrian Oropeza, Gen 6 Ventures Laura Cummings, Financial Health Network Jo-Ann Barett, Co-founder and owner Aromas Boutique Bakery Ryan Garner, Principal Customer and Product Lead, 11:FS It’s not new news that SMBs are historically and critically underserved by banks, despite being the biggest employer and the lifeblood of the US’ economy and in fact, most economies. So who are they turning to instead? We get our panel's expert opinions as SMB owners themselves, as well as mostly being in the fintech space. Ryan and his team have also produced some bespoke research specifically examining the needs of US SMBs and what are the jobs to be done by fi

Our expert hosts, Simon Taylor and Adam Davis, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Iana Dimitrova, CEO at OpenPayd Caroline Casey, VP of Innovation, Partnerships & Labs at Mastercard Jamie Campbell, CEO at Fronted We cover the following stories from the fintech and financial services space: UK Chancellor announces 100-percent backed coronavirus business loans 03:24 Coronavirus cuts HSBC profits in half 14.00 Coronavirus drives up deposits at US banks 25:17 Monzo applies for US banking licence 33.31 BCR offers new details on grant allocations 41:48 FIS starts fintech venture fund - 48:18 Animal Crossing slashes interest rates to near-zero 56:28 We also hear exclusively from Asif Ramji, Chief Growth Officer at FIS, about their newly announced fintech venture fund. This podcast is brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile capture and digita

In this episode, Sam Maule, Americas MD, digs into the impact COVID-19 is having, this time specifcally on US small businesses; the options they have from banks, lenders and the government; and the ways that fintechs are trying to help. One of the hardest hit of the economic impact of the coronavirus pandemic are small businesses and the self employed, and at the time of recording in the US, the stimulus funding had already been syndicated out. To dig into the implications of this alongside Sam, this week's guests include: Jane Barratt, Chief Advocacy Officer, MX John Pitts, Policy Lead, Plaid Jill Castilla, CEO, Citizens Bank of Edmond Our panel also have a crack at giving some future predictions for how the current crisis could change US SMB financing long term, even after the impact of pandemic subsides. This podcast is brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in computer vis

Our expert hosts, Sam Maule and Simon Taylor, are joined by some great guests on both sides of the Atlantic to talk about the most notable and global fintech, financial services and banking news from the past week. This week's guests include: Lance Homer, Global Head of Digital Payments and Banking Ecosystem, Equinix Anna Irrera, Fintech Correspondent and Financial Companies Team Leader at Reuters Adrian Blair, CEO at Receipt Bank We cover the following stories from the fintech and financial services space, both related to COVID-19 and unrelated: Congress preps new stimulus funding - 3:38 Mark Cuban advocates wait-and-see, cash-heavy investing approach - 15:24 How the COVID-19 pandemic will accelerate digital financial services - 26:45 Robinhood nears the end of its latest funding round 40.10 Stripe raises $600 million in new funding 46:53 Leaked pictures show Google’s new smart debit card - 52:32 Shake Shack returning $10 million SMB loan 59:57 *This podcast is brought

In an all 11s special, David Brear, Simon Taylor and Sarah Kocianski sit down with Benjamin Ensor, Director of Research at 11:FS, to talk about COVID-19 and the short, medium and long term implications the pandemic will have on financial services. Business as usual is over. Our recently released report has revealed how the COVID 19 pandemic has created an immediate operational crisis in financial services firms that have so far ignored the digital imperative. The world’s economies have gone into reverse, we're on the precipice of a global economic recession and being truly digital is no longer just a 'nice to have'. So what does this all mean for the financial services industry? Will this be a time for reinvention and will established firms be able to keep up? Tune in to hear our panel's insights, predictions and how they see the impact of the pandemic playing out over time. This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and offer your

Our expert hosts, Sarah Kocianski and Simon Taylor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Shafali Gupta - VP Strategy and Ops at Fluidly Roisin Levine - Head of Banks at Flux Erin Platts - Head of EMEA and President of UK Branch at Silicon Valley Bank We cover the following stories from the fintech and financial services space: Starling Bank and OakNorth join coronavirus loan programme (02:53) PayPal, Intuit and Square to issue coronavirus relief in the US (16:15) US government in talks with Onfido about immunity passports (24:28) Morgan Stanley leads $34 million round in 86 400 (34:43) Visa invests in open banking and compliance platform Railsbank (42:13) Marcus launches point-of-sale lending product (48:57) A women-only neobank is coming to Brazil (56:03) This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust,

It is no secret that probably the hardest hit of the economic impact of the coronavirus pandemic are SMEs and the self employed. In this episode, Sarah Kocianski and Simon Taylor, dig into the impact COVID-19 is having on small businesses; the options they have from banks, lenders and the government; and the ways that fintechs are trying to help. They are joined by a panel of expert guests who are all providing solutions to this conundrum. This week's guests include: Sam O'Connor - CEO, Coconut Rebecca Duckworth - Chief Sales Officer, Quotevine Ian Smith - CEO, 1pm PLC Sarah, Simon and our guests talk through the impact Covid-19 is having on SMEs overall, what the government roll out packages are; who can lend to SMEs and how speed is of the essence. Our panel also have a crack at giving some future predictions for how the current crisis could change SME financing in the future. This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and o

Our expert hosts, David Brear and Simon Taylor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Tanya Andreasyan, Managing Director and Editor-in-Chief at Fintech Futures Izabella Kaminska, FT Alphaville Editor at the Financial Times Olly Betts, Co-Founder and CEO, OpenWrks We cover the following stories from the fintech and financial services space: SoFi buys Galileo for $1.2bn (03:17) Kabbage suspends credit for small-business clients (11:21) Banks struggle to keep up with tidal wave of business loan applications for covid relief (19:29) New Banking Competition Remedies pool announced as Nationwide abandons business banking (27:40) Fintechs take action to combat effects of coronavirus (34:54) FCA allows selfies for identity checks (58:20) This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and offer your customers the

In today's episode, we bring you an interview with Wesley Wright, COO at Varo Money. Joining Sam Maule remotely, the pair kick things off with the story of how Varo Money came to be and how they aim to improve financial health and financial inclusion. Having now been approved for FDIC insurance, we hear about the process with regulators, why they decided to apply when other fintechs haven't, and what this means for the future of Varo Money and their ambitions. With our current environment, Sam and Wesley also touch on how to staying focused during a time of crisis, solving critical problems and the importance of listening to your customers at times of uncertainty. Tune in for industry insights, a wealth of experience and much much more! This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and offer your customers the experience they value. Hundreds of AI-based analytics and face comparison algorithms work together to verify a user is truly the o

Our expert hosts, David Brear and Eric Fulwiler, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Allison Esposito Medina - CEO and Founder of Tech Ladies Jonah Crane - Partner at Klaros Group Nonita Verma - East Coast Banking Partnerships Lead at Nova Credit We cover the following stories from the fintech and financial services space: US banks promise not to lay-off workers during coronavirus pandemic (06:36) Venture-backed start-ups may not be eligible for small-business stimulus (17:54) Square and PayPal offer to extend stimulus payments to the unbanked (27:48) Microsoft partners with Plaid on Excel finance tool (35:21) Morgan Stanley’s trading portal suffers outage (43:53) Marcus releases fixed-term savings bond (50:41) Does this April Fools prank go too far? (53:51) This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and

In today's episode, we bring you an interview with Nicky Goulimis, co-founder and COO at Nova Credit. Joining Sam Maule remotely, the pair kick things off with the company's origin story and how Nova Credit came to be. With no previous fintech experience, we hear about how Nicky and her co-founders were fueled by their credit troubles as international students in the US to create a solution for the underbanked from across the globe. Now working to push systemic change across the industry, Sam and Nicky also touch on Nova Credit's high-profile endorsements, the pressures of coronavirus and how their recent $50 million funding round is helping them work towards a better future of credit and credit checks. Tune in for industry insights, a wealth of experience and much much more! This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and offer your customers the experience they value. Hundreds of AI-based analytics and face comparison algorithms wor

Our expert hosts, Sarah Kocianski and Leda Glyptis, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Carlo Gualandri, CEO and founder of Soldo Myles Stephenson, CEO of Modulr Keith Grose, Head of UK at Plaid We cover the following stories from the fintech and financial services space: Interest rates slashed at home and abroad to combat the impact of coronavirus (03:36) Contactless limits to rise by £15 (11:13) Covid Credit comes together for the self-employed (19:05), featuring comment from 11:FS' Simon Taylor about how Covid Credit came to be. SoftBank’s buying spree ends (27:38) Revolut launches stateside (35:14) Xinja draws investment from World Investments (42:33) Bunq expands its Green Card to 30 countries (49:09) This podcast is brought to you by Mitek. Smart, automated and fast. Mitek helps you reduce fraud, create trust, and offer your customers the experience they value. Hund