Bankadelic: The colorful side of finance

There’s a lot of attention being paid to how banks can simultaneously team up with fintechs and best serve SMBs and entrepreneurs on the product side. Trouble is, there hasn’t been a whole lot of action. Allan Rayson, Founder and CEO of Finov8r, talks us through the opportunities within “adaptive fintech ecosystems.” The idea is to create modular, flexible solutions that allow banks to remain agile in the face of regulatory and operational challenges — and embed banks into the product development before they sell.

While there’s so much stress these days placed on chips and artificial intelligence, all the digital firepower in the world isn’t going to create new products that people want. In this episode, Neil Stanley, Founder and CEO of The CorePoint, talks about how banks need to move beyond the rate sheets of old and start developing products for consumers living in an age of apps and e-commerce. He also touches on how banks, in responding to interest rate changes, can go beyond knee-jerk mentality and respond thoughtfully.

Whadda you lookin' at? It's Johnny Da Big, Bankadelic's official Wise Guy of Debatable Talent, lending his nit-so-dulcet tones and storytelling to the holiday classic "Do You Hear What I Hear?" Or "What I Hoid," as he likes to say in his South Philly patois. Listen if you dare, maybe even share, it's better than being a grinch and far more satisfying. Ya got a problem wit day?

You want presents? You bet your ask we’ve got presents, thanks to the presence of The Five Wise Finance Stars, who in our book outclass any number of elves you can cram around the dining room table. Join us as we tick off our gift list for the industry, banking’s bad holiday reruns and what the happy new year ahead looks like in professional and personal ways. Plus, all hail Johnny Da Big as he returns — by invitation, if you can believe it — to sing a shattering rendition of “Do You Hear What I Hear?”

The guests who keep on giving:

Stephen Curry, CEO, Endurance Advisory Partners

Scott Earwood,  Head of Community Banking, White Clay

Shelly Nischbach, SVP, Verification Services, Equifax Workforce Solutions

Preetha Pulusani, CEO, Deep Target

Cindy Snow, VP of Customer Success, Core10

With all the stress on engineers needing to make smart tech for consumers, it’s just as important to remember that engineers work with consumable tech that’s easy to implement, stack and tweak. Joshua Luke, Chief Technology Officer at Swivel, outlines the symbiotic relationship between customers, financial institutions and engineers who appreciate the same tech traits: Simplicity, seamlessness and elegance.

Though overall interest rates have softened, credit card APRs rates continue their stratospheric run, averaging 23% APR or more. Matt Potere, the new CEO of Happy Money, explains how his company is working to make debt consolidation loans available through its online platform -- and fulfilling its mission to develop and deliver affordable, accessible financial tools.

Bankadelic host Lou Carlozo has a mind that's inhabited by odd, surreal characters -- from executioners to bubbas, Morrissey wannabes to wise guys belting Christmas carols. These 13 skits represent the epitome, the very peak of Bankadelic humor. That's probably not saying much ... unless some of this makes you snort your morning java out your nose. Then, we can say we've truly achieved something.

Once again, Bankadelic takes a break from Mickey D’s and heads over to the enormous living room table to chaos down on great banking banter and tasty sound bites. Join our four fabulous guests as they talk highlights, buzzkills, and industry bright spots as we look ahead to 2025 and (a long overdue shopping season). And: Will Lou finally, finally ditch his corny Uncle Mortimer and his most uninvited wise guy dinner guest?

The All-Star Turkey Day Team:

Alexandra McLeod, Founder @ Parlay

Tadgh Spradlin. VP of Sales and Partnerships Quantalytix

Jon Tvrdik, Founder @ WaveCX

Erin Wynn, Executive Director of Product Management, Candescent

Wrapping up a 16-episode Bankadelic series taped live at 2024's Money 20/20 in Las Vegas, host Lou Carlozo chats with Leo Patching, the CEO and Co-Founder of Kompliant. Leo shares how, in the wake of the TD Bank ’s woes, compliance has become front of mind for financial services leaders. He also takes us under the hood of his compliance fintech, which will turn four in 2025.

As part of a 16-episode Bankadelic series taped live at 2024's Money 20/20 in Las Vegas, Ed Maslavekas, CEO and Co-Founder of Bud Financial, returns to update us on everything that’s happened since he spoke with us at the 2023 convention. It’s in part a story of how one forward-thinking company cracked the code for integrating artificial intelligence into banking long before “AI” became the buzzword of the 2024 conference.