Fintech Insider Podcast by 11:FS

826. Insights: How will The Great Wealth Transfer affect millennials, boomers and banks?

Our expert host Kate Moody is joined by some great guests to talk about The Great Wealth Transfer. As Baby Boomers pass on an estimated $84 trillion of wealth, they discuss how the products and services to support Millennials will differ, how this may impact established wealth management institutions, and ask how will this change the wealth management landscape in the future? They also take stock of where the industry currently is and how well equipped, or not, it is to deal with the challenges that lie ahead AND they discuss some of the broader trends in this space to understand what needs to be done and how. This week's guests include: * Daniel Hegarty, Founder & CEO at Communion * Antoinette Rodriguez, President at MarFi Advisors and Chairwoman at Financial Advisor Magazine’s Invest In Women --------------------------------------- Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.  Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

825. News: VRPs, junk fees, deepfakes and Formula 1's biggest new signing

Our expert host Benjamin Ensor is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week, including Yapily and Ant Group bringing Commercial VRPs to Europe, new research from Wise highlighting the impact of junk fees, and Airwallex are getting into Formula 1. PLUS, do you think you could be fooled by a deepfake? Get ready for a mind-blowing scam that cost one bank $25m... This week's guests include: * Valentina Kristensen, Director of Growth & Communications at OakNorth * Roland Selmer, CPO at Yapily * Rina Wulfing, Senior Policy Lead for North America at Wise We cover the following stories from the fintech and financial services space: * Ant International and Yapily Launch Europe’s First Commercial Variable Recurring Payments (VRPs) for e-Commerce [https://ffnews.com/newsarticle/paytech/ant-international-and-yapily-launch-europes-first-commercial-variable-recurring-payments-for-e-commerce-in-partnership-with-hungrypanda/] (04:35) * Research from Wise highlights the widespread consequences of junk fees on American consumers [https://newsroom.wise.com/en-NAM/233952-widespread-consequences-of-junk-fees-uncovered-with-financial-transactions-showing-most-impact-on-americans] (18:35) * Airwallex race into partnership with Formula 1 team McLaren [https://thefintechtimes.com/airwallex-races-into-partnership-to-optimise-supply-chain-payments-for-mclaren-formula-1-team/#:~:text=Airwallex%2C%20the%20global%20payments%20and,outs%20and%20settlement%20product%20suite] (33:36) * Australian payments firm Fat Zebra buys open banking outfit Adatree [https://www.finextra.com/newsarticle/43648/oz-payments-firm-fat-zebra-buys-open-banking-outfit-adatree/payments] (46:30) * HSBC instals the first of ten ‘cash pods’ in towns with no bank branches [https://www.finextra.com/newsarticle/43645/hsbc-installs-first-of-ten-cash-pods-in-town-with-no-bank-branches] (55:43) * Hong Kong finance worker gives $25m to fraudsters after call with deepfaked CFO [https://edition.cnn.com/2024/02/04/asia/deepfake-cfo-scam-hong-kong-intl-hnk/index.html] (57:43) --------------------------------------- Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.  Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

824. Insights: Fighting civil inequality with fintech

In celebration of US Black History Month, our expert host Kate Moody, Strategy Director at 11:FS, is joined by some great guests to discuss civil inequality in the banking system. This week's guests include: * Rodney Williams, Co-Founder at SoLo Funds * Jamilia Grier, Founder & CEO at ByteBao * Asya Bradley, Founder and Angel Investor Conversations around inclusion are much bigger than just banking. It’s a systemic problem which has always existed and still remains a very real issue today, and this episode tackles these issues head on. They discuss how and why non-white communities are being underserved by traditional banks and celebrate some of the work being done to tackle that. They also look at how we can harness fintech for good to drive meaningful change. --------------------------------------- Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.  Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, AltFi, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to subscribe and please leave a review. Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

823. News: HSBC fined £57m by Bank of England, and has Mastercard killed the password?

Our expert hosts, David M. Brear, is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week, including the news that HSBC is being fined by the Bank of England's financial stability arm after failing to adequately protect its customers in the event of a banking collapse. Plus, Nova Credit is stepping up to support Ukrainian refugees, and Mastercard want to get rid of passwords. This week's guests include: * Rachel Pandyan, Ventures Product Lead at 11:FS * Doug Mackenzie, Chief Content Officer at Fintech Finance * Anil Stocker, CEO of Kriya We cover the following stories from the fintech and financial services space: * Kriya uses funding boost to power up B2B embedded finance offering [https://ffnews.com/newsarticle/paytech/kriya-upgrades-funding-facility-to-power-over-1-billion-in-payments-over-next-2-years/] (04:34) * Mastercard wants to replace passwords with biometric authentication [https://www.finextra.com/newsarticle/43596/mastercard-bids-to-kill-passwords-with-new-biometric-service] (17:38) * Nova Credit helps Ukrainians in UK, US and Canada get credit [https://www.americanbanker.com/news/nova-credit-helps-ukrainians-in-u-s-u-k-canada-get-credit] (28:45) * HSBC fined £57m by Bank of England for 'serious' deposit protection failings [https://www.theguardian.com/business/2024/jan/30/hsbc-fined-deposits-pra-fscs-financial-services-compensation-scheme] (38:32) * PayPal to reduce global workforce by 9% in 2024 [https://www.reuters.com/business/payments-firm-paypal-cut-around-2500-jobs-bloomberg-news-2024-01-30/] (46:17) * GoHenry petitions for financial literacy in schools to UK government [https://ffnews.com/newsarticle/fintech/gohenry-urges-government-to-prioritise-financial-education-from-primary-age-at-education-select-committee-inquiry/] (48:57) * British actor Tom Hollander accidentally receives Spider-Man's bonus cheque [https://www.bbc.co.uk/news/entertainment-arts-68092121] (51:19) --------------------------------------- Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.  Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, AltFi, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to **subscribe** and **please leave a review** Follow us on **Twitter**: @fintechinsiders where you can ask the hosts questions, or **email** podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

822. Insights: Putting the big tech into fintech

On this episode of Fintech Insider Insights our expert hosts, Ross Gallagher and Kate Moody, are joined by some great guests to talk about the ever-growing overlap between big tech and finance. We’ve seen no shortage of companies like Google, Apple, and Facebook in the news over the last year, and as technology becomes more central in our relationship with financial services, big tech will only have a more critical role to play in the future of our industry. So we want to take a step back and understand exactly what big tech’s role in finance currently is, and where they sit on the banking battlefield. What are the use cases? What are the risks? And will we eventually have to do our banking through a VR headset? To discuss this I am joined by a mighty panel of industry experts. This week's guests include: * Paul Worthington, Head of Regulatory Affairs at Innovate Finance and formerly the Public Policy Manager at Meta Fintech * Dave Birch, Principal at 15Mb * Sam Maule, an advisor and formerly the Key Account Executive at Google --------------------------------------- Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.  Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, AltFi, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to **subscribe** and **please leave a review** Follow us on **Twitter**: @fintechinsiders where you can ask the hosts questions, or **email** podcasts@11fs.com! Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]