Off the Common: A Fintech Podcast

Will Hernandez welcomes back Tylor Tourville to the podcast after his week away from the show, and they chat about how Black-owned businesses turned to fintech for PPP loans and how the neobank Simple is a shell of its former self. In the PR Corner, the co-hosts have a session about meeting expectations for clients and how you need to think outside-the-box and get client buy in. It was more of a therapeutic session than anything else! Timestamps 0:00: Cold open (Fantasy booking on fintech deals) 8:02: Fintech shined for black-owned businesses for PPP (Reference article, Anna Hrushka, Banking Dive [https://www.bankingdive.com/news/black-owned-businesses-leaned-harder-into-fintechs-on-ppp-fed-data-shows/601008/ ]) 15:13: Simple: death by BBVA & PNC (Reference article, Penny Crosman, American Banker [https://www.americanbanker.com/news/is-bbvas-shutdown-of-simple-a-bad-sign-for-bank-fintech-mergers]) 24:19: PR Corner (Meeting client expectations [https://www.backbaycommunications.com/fintech/what-makes-working-with-fintech-companies-so-challenging-is-what-makes-it-so-rewarding/])

In Episode 12 of Off the Common: A Fintech Podcast, BackBay's Will Hernandez goes solo and discusses wealth tech funding; what a Square super app might look like; Visa backing fintechs; and in the PR Corner, he chats about the biggest thing he learned in the transition from journalism to public relations: teamwork makes the dream work. Timestamps 3:42: Wealth tech shines in Q1 2021 (Reference report, CB Insights [https://www.cbinsights.com/research-state-of-wealth-tech-q1-2021?utm_term=report-download&utm_campaign=marketing_state-wealth-tech_2021-05&utm_medium=email&_hsmi=129464358&_hsenc=p2ANqtz--MU2r7s27NAdFaumZlR4NhvMMhLTHQoavW0CQQujrEn4W2i1QJnGkExTaAt65rjtnXrOcxKux-2pqntdxFjjtgO-9M5gmqt1bvz9U1P8M4nCO9YXM&utm_content=researchpublic_wealth-tech_remaining-autosend&utm_source=hs_automation]) 14:03: Is Square planning a super app? (Reference article, John Adams, PaymentsSource [https://www.americanbanker.com/payments/news/squares-bank-accounts-lay-groundwork-for-a-super-app]) 19:36: Visa bringing banks and fintechs together (Reference article, Lynne Marek, Payments Dive [https://www.paymentsdive.com/news/visa-expands-reach-of-fintech-partnership-program/600838/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202021-05-26%20Payments%20Dive%20%5Bissue:34490%5D&utm_term=Payments%20Dive]) 27:43: PR Corner, Teamwork makes the dream work

On Episode 11 of Off the Common: A Fintech Podcast, BackBay Communications fintech team members Will Hernandez and Tylor Tourville chat about MoneyLion’s future plans that include open banking; whether Fidelity making retail investing open to teenagers is a good ideas; The Atlanta Fed and fintech exclusion; and in the PR Corner, how we won a Bellringer award. Timestamps 0:00: Cold Open (Fintech & the NBA Playoffs) 7:00: MoneyLion and open banking (Reference Story, Penny Crosman, American Banker [https://www.americanbanker.com/news/is-moneylion-building-the-first-open-u-s-bank]) 16:22: Fidelity targets teenagers (Reference Story, Nicole Casperson, InvestmentNews [https://www.investmentnews.com/move-over-robinhood-fidelity-democratizes-investing-for-teens-206579]) 26:00: Fintech & financial inclusion (Reference Story, John Adams, PaymentsSource [https://www.americanbanker.com/news/atlanta-fed-raises-flags-about-fintechs-impact-on-financial-inclusion]) (Atlanta Fed study [https://www.atlantafed.org/-/media/documents/promoting-safer-payments-innovation/publications/2020/09/30/shifting-the-focus-digital-payments-and-the-path-to-financial-inclusion/Shifting-the-Focus-Digital-Payments-and-the-Path-to-Financial-Inclusion.pdf]) 34:25: PR Corner (We won a Bulldog PR award!)

In the milestone Episode 10 of Off The Comment: A Fintech Podcasts, BackBay Communications fintech team members Will Hernandez and Tylor Tourville discuss open banking confusion with consumers; why the DOJ is investigating fintechs; a fintech smear campaign involving a wealth advisory firm, and in the PR Corner, obstacles in the pitching process to media. Timestamps 0:00: Cold Open (Celebrating Episode 10) 6:00: Open banking confusion (Reference article, Rebecca Ayers, Finledger [https://finledger.com/2021/05/11/report-consumers-are-wary-about-using-open-banking/?utm_campaign=Newsletter%20-%20Daily&utm_medium=email&_hsmi=126532046&_hsenc=p2ANqtz-9UxLID0RxGbMlBPfPNBQGn8y0_4gqTc18lSy7X8iBJo7rFVe-Hv6-CwdR4BqrwIa9x-Tcz4CMtGLQz9jRJaYwj4ilz3M2GLcHtCj_Qxa8KRKazlFo&utm_content=126532046&utm_source=hs_email]) 15:01: DOJ investigates Kabbage and others (Reference article, Koh Qing and Pete Schroeder, Reuters [https://www.reuters.com/technology/exclusive-us-justice-department-probing-kabbage-fintechs-over-ppp-loan-2021-05-08/?mkt_tok=ODUwLVRBQS01MTEAAAF89SClQuMdF6aGi61gtF46cJ2yCH2aRDPgfMy7-Zzxw_wJ1K-wd2-_MxYW9m3NYArgHhLl6sBFB823pyQTXeDTIqAd9HQgYaXNTU2-8kSg7N9y]) 24:33: Fintech smear campaign (Reference article, Sam Steinberger, Wealth Management.com [https://www.wealthmanagement.com/technology/riskalyze-campaign-attacks-orions-hiddenlevers-rixtrema]) 38:41: PR Corner (How we pitch the media)

In Episode 9 of Off the Common: A Fintech Podcast, BackBay Communications fintech team members Will Hernandez and Tylor Tourville discuss fintechs spurring stock investments; how neobanks are driving charitable donations; why California state regulators are coming after Chime; and in the PR Corner, why status calls with clients are an integral part of the relationship. Timestamps 0:00: Cold Open (Elon Musk and PR) 12:28: Fintech and stocks (Reference article, Gunjan Banerji, WSJ [https://www.wsj.com/articles/americans-cant-get-enough-of-the-stock-market-11619947800]) 22:15: Fintech for good (Reference article, Miriam Cross, American Banker [https://www.americanbanker.com/news/generosity-is-trending-neobanks-are-tapping-into-that]) 31:17: Is Chime a bank (Reference article, Anna Hrushka, Banking Dive [https://www.bankingdive.com/news/california-regulator-orders-chime-to-stop-calling-itself-a-bank/599710/]) 41:44: PR Corner (Building new relationships with reporters)