Fintech Insider By 11:fs

In this episode Amazon is looking to buy Capital One, or so goes the rumour. It’s been predicted for a long time that Google, Apple, Facebook, and Amazon would get into financial services, but Amazon is the only one of those companies that specifically needs a payments facility in their core business. James Arscott, CCO of invstr, joins us to discuss this and other headlines, including bitcoin going from funny money to something legit in Japan. We also talk to TrueLayer CEO Francesco Simoneschi on banks becoming software companies; to BBVA Open Innovation Manager Marisol Menendez about BBVA’s competition to find a new model for low interest rate banking; and BodeTree CEO Chris Myers about the three steps FinTechs need to take to survive. News this week Business Insider – Innovative app-only banks are doing something old fashioned — lending money – Link The Telegraph – Co-op Bank puts itself up for sale as it braces for another ‘significant’ loss – Link Level39 – L39 API member TrueLayer comes out