Banking on IT

The FinTech Report podcast is brought to you in Partnership with Australian FinTech, a news and information website covering everything you need to know in fintech in Australia and around the world, as well as a Directory of over 800 fintechs. Our thanks to the Australian FinTech team for supporting The FinTech Report – you can learn more at www.AustralianFinTech.com.au

This podcast is brought to you in Partnership with global data aggregator and Open Banking experts, Envestnet Yodlee.

Envestnet Yodlee has held an office in Australia for over a decade, is actively engaged with the ACCC and Open Banking and is compliant with the highest level of local and international infosec standards. Envestnet Yodlee’s data solutions are used by some of the region’s most exciting and innovative companies, including 86 400, Xero and Finder. Envestnet Yodlee are passionate about empowering financial service providers to use financial data and intelligence to better serve their customers, and the team have extensive knowledge on the topics of finance innovation, CDR, open banking, responsible lending, and data aggregation, account verification, and analytics.

Learn more at: https://www.yodlee.com/oceania

Our two guests for this episode are; Dan Jovevski, the Founder & CEO at WeMoney; and Lauren Applegate, Director Customer Success and Marketing ANZ at Envestnet Yodlee

WeMoney’s mission is to empower people to take control of their financial story so that they can get onto the ladder and improve their life and money.

WeMoney is a financial wellness platform that tracks all your money in one place. You can track your credit score, bills and recurring payments, understand your savings, debt and monitor your income through a complete toolset that can make your dollar and keep them in the black.

By leveraging frontier behavioural science and artificial intelligence, WeMoney nudges and guides you towards better, informed and insightful financial choices and address the root causes of pitfalls of money management. Connect with a passionate community that connects you other likeminded people going through a similar journey.

Lauren Applegate holds a Bachelor of Psychology and a Bachelor of Marketing and is a customer success and retention expert with deep experience in the financial industry.  As Envestnet | Yodlee’s ANZ Director of Customer Success and Marketing, Lauren’s role is centred around ensuring that her customers can innovate, succeed, and grow through the use of Envestnet | Yodlee’s best-in-market Data Aggregation, Account Verification, Data Enrichment, Financial Wellness, and Credit Accelerator tools.  With a background of executing marketing functions for online start-ups, as well as holding sales leadership roles within large Insurance providers, Lauren has a great mix of experience to assist everyone from small Fintech’s to large Financial Institutions with their growth strategies.

In this episode we discuss:

Why WeMoney? Dan shares his Founder story
What does WeMoney do? 
What does Envestnet Yodlee do for WeMoney?
What is the benefit of having a data aggregator?
What are the key issues Envestnet Yodlee solves for WeMoney & other customers?
Explain Nudge Economics & Behavioural science
How do you measure results? 
What do you think of the fintech eco-system?

Damir Cuca is the founder and CEO of Basiq, an API platform providing the building blocks of financial services. Damir is a member of Australia’s Consumer Data Right Open Banking advisory committee and actively champions the importance of fintechs in an innovative and inclusive Open Banking ecosystem.

Basiq is the one of the leading API platforms for businesses to build innovative financial solutions. Basiq’s developer-friendly platform provides secure access to customer financial data and the ability to uncover valuable insights. Backed by AP Ventures, Salesforce Ventures, Reinventure, NAB Ventures and Plaid, over 200 fintechs and banks rely on the Basiq platform to deliver solutions across lending, payments, wealth, and digital banking.
Welcome Damir, thanks for being our guest on The FinTech Report Podcast

In this episode we discuss:
Damir's background, and what led him to founding Basiq
What does Basiq do? 
Who are Basiq's customers?
The evolution of data – from data aggregation to Open Banking
What is Open Banking? How does it work? 
What is the future for Open Banking? From open APIs for Info & big data, to payments
What is Basiq business model? Fees, charges for providing access
Views on the Australian fintech ecosystem

Welcome to Episode 5 of The FinTech Report podcast.

Tim Poskitt is Envestnet Yodlee’s Country Manager for Australia & New Zealand, and is responsible for the company’s local strategy and go-to-market efforts. Tim has worked in Europe, the United States, and APAC in the finance and FinTech sectors, and currently sits on three advisory boards as a fintech advisor: Archa, Credi.com and Repute Digital.

Tim is passionate about empowering financial service providers to use data and intelligence to better serve their customers, and has extensive knowledge on the topics of finance innovation, CDR, open banking, responsible lending, and data aggregation and analytics.

Yodlee has held an office in Australia for over a decade, is actively engaged with the ACCC and Open Banking and is compliant with the highest level of local and international infosec standards. Yodlee’s data solutions are used by some of the region’s most exciting and innovative companies, including 86 400, Xero and Moneysoft.

In this episode we discuss:
Tim's background and  what led him to Yodlee
What does Yodlee do? What does data aggregator mean? 
Who are Yodlee's customers?
The evolution of data – from Data Aggregator to Open Banking
What is Open Banking? How does it work? 
What is the future for Open Banking?
What’s the business model? 
Tim’s views on the Australian fintech ecosystem

Delighted to welcome Fred Schebesta, Co-founder and CEO of Finder, Finder Ventures and Schebesta Ventures

Fred's passionate about disruptive innovation and inspiring the startup community through sharing his success as a mentor, speaker, media commentator and author. Fred is a futurist, an expert in cryptocurrency, an advocate for Open Banking, and is leading the group's venture capital arm, Finder Ventures, which has built an innovative money app – the Finder app.

Fred's latest project, Schebesta Ventures, is a platform to help more startups develop their business ideas. Fred has a new book launching on 1st September 2021 called "Go Live! 10 Principles to Launch a Global Empire" and is proud to announce the Fred Schebesta Go Live! Initiative, where 30% of all profits from Schebesta Ventures will be invested in startups.

Paul Harapin, Revenue Growth Lead for Asia-Pacific at Stripe, one of Silicon Valley’s most successful startups, recently valued at $112B (AUD). Paul has a wealth of experience in the technology sector, having started and scaled various companies across the Asian region over almost 30 years, which include VMware and Tivoli Systems, two of the most successful software companies in history.

Now at Stripe, Paul works closely with customers including Atlassian, Canva and Culture Amp; so he knows a thing or two about scaling Australian businesses to reach a global audience.  

Topic areas covered:

Paul's background; what led Paul to Stripe
What does Stripe do? Payments 101
The evolution of payments in Australia – rise of e-commerce 
The role of payment platforms such as Stripe in the digital economy
Stripe business model 
Why use Stripe rather than others like PayPal?
Big issues in payments: Fraud prevention, refunds, speed, rise of BNPL
Paul’s views on the Australian fintech/payments ecosystem

Welcome to Episode 2 of The FinTech Report

Andrew Boyd leads the AWS Digital Natives business across the ANZ region. Digital Natives are born in the cloud businesses. Andrew leads the AWS team focused on helping tech companies grow and scale, with access to new technology, global markets and more ways to deliver innovative ideas.

Our discussion covers these areas:

We start with Andrew's background and what led him to AWS
Andrew's current role at AWS and how his team helps fintechs
There’s a lot more to AWS than cloud
Opportunities & challenges for Australia’s leading fintechs
How has Open Banking (CDR) changed the game?
What is the role of AWS/cloud in driving fintech growth and innovation?
What advice would you give fintechs in this new banking era?

AWS case studies:

Hay: https://aws.amazon.com/solutions/case-studies/hay/
Zip: https://aws.amazon.com/solutions/case-studies/zipmoney/
Frollo: https://aws.amazon.com/solutions/case-studies/frollo/
mx51: https://blog.aboutamazon.com.au/local-businesses-prepare-for-the-new-normal 

In this episode of The FinTech Report podcast, I’m talking with Mark Bernhardi, the GM of nCino in Asia Pacific; a worldwide leader in cloud banking; nCino are transforming financial services through innovation, reputation and speed. 

In this episode we discuss:

Mark’s background, and what brought him to nCino
nCino are "built by bankers for bankers", what does that mean?
Mark talks through a new customer onboarding journey for a bank or fintech using nCino
Why do banks – or neo-banks - buy nCino? Have you got a case study example?
Regulatory issues; how do you manage a global SaaS platform to be regulatory compliant in every country?
What trends are you seeing in fintech and banking?