BIGcast

Glen’s annual recap of the 66 demos at Finovate Fall includes interviews with standouts Wysh and CD Valet, reflections on each of the six Best of Show winners, and observations on recurring themes across the agenda. Also, the unexpected return of Silicon Valley Bank.   Links related to this episode:   Finovate: https://informaconnect.com/finovatefall/  Wysh: https://www.wysh.com/  CD Valet: https://cdvalet.com/  Our 2022 interview with Best of Show winner Debbie: https://www.big-fintech.com/Media?p=the-new-guard-takes-center-stage  Our April interview with Best of Show winner Mahalo Banking: https://www.big-fintech.com/Media?p=big-ideas-fintech-madness-cuso-optional    Join us Wednesday September 20 at 3pm ET/Noon PT for the latest edition of the CU Digital Town Hall, a live, lively and interactive meeting of industry leaders sharing best practices on the top issues impacting the credit union movement. Moderated by John Best of BIG and Mike Lawson of CU Broadcast:  https://www.cutownhall.com/ (a replay will be available at the site after Sept 20)

Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/ 

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John and Glen weigh in on a wide array of current topics- bringing AI to the drive-thru, connecting DragonCon to credit unions, and anticipating the new Elon Musk autobiography. Also, John still sees potential in digital twins and Allen Iverson sees a new career angle.     Links related to this episode:   The Meaning of Life, according to Hardee’s: https://www.youtube.com/shorts/fDswmVyDp20?app=desktop 

How many calories?: https://www.youtube.com/shorts/Y4J3lrBSP-A?app=desktop 

John’s Kickstarter for the Roamer’s Wrath board game:  https://www.kickstarter.com/projects/jb1970/roamers-wrath 

WSJ’s Excerpt from the forthcomoing Elon Musk biography on Twitter’s takeover (subscription required): https://www.wsj.com/tech/elon-musk-twitter-x-takeover-walter-isaacson-5f553fa 

John’s interview with Apple co-founder Steve Wozniak for TruStage’s Discovery2023 conference: https://events.trustage.com/discovery2023-on-demand    The DeLorean Motor Company’s Alpha5 EV model/”digital twin”: https://nftevening.com/delorean-is-back-iconic-car-maker-accepting-nft-reservations-for-the-alpha5-electric-car/  Game Theory “In a DeLorean”: https://www.youtube.com/watch?v=muWzEwCgPfk    Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/ 

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Glen speaks with Great Lakes Credit Union CEO Steven Bugg about a collaborative grassroots initiative to deliver relief to Ukrainian citizens, and how CUs nationwide can participate. Also- the only state that prohibits consumers from pumping their own gas passes a new law on…credit card surcharging.    Links related to this episode:   The CU Relief Fund for Ukraine: https://curelieffundforukraine.com/    Great Lakes Credit Union’s landing page for the CU Relief Fund: www.glcu.org/credit-union-relief-fund-for-ukraine/    Our poignant 2022 interview with Antonio Murha of Ukrainian Self-Reliance Credit Union: https://www.big-fintech.com/Media?p=credit-unions-financial-lifeline-to-ukraine    Coverage of Access Softek CEO Chris Doner’s 2022 visit to Ukraine: https://www.chicoer.com/2022/04/03/chico-man-boss-bring-aid-to-employees-in-ukraine/     Payments Dive’s reporting on New Jersey’s new card surcharging law: https://www.paymentsdive.com/news/new-jersey-enacts-law-capping-surcharges/691578/  “Bank of Dave” gets a US release!: https://www.rottentomatoes.com/m/bank_of_dave    Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/ 

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CUNA Board Vice-Chair and Cornerstone League CEO Caroline Willard shares her inside perspective on the pending CUNA/NAFCU merger. Also- Glen compares financial and grocery self-service, shares a new avenue for credit unions to aid Ukraine, and John checks an item off his bucket list.   Links related to this episode:   Caroline’s recent CU Insight article: https://www.cuinsight.com/building-a-stronger-state-and-federal-advocacy-machine/    CUNA”s landing page for CUNA/NAFCU merger news: https://www.cuna.org/about/cuna-and-nafcu-merger.html    Cornerstone League: https://www.cornerstoneleague.coop/    John’s interview with Apple co-founder Steve Wozniak for TruStage’s Discovery2023 conference: https://events.trustage.com/discovery2023-on-demand    Trader Joe’s eschews self checkout: https://www.cnn.com/2023/08/17/business/trader-joe-self-checkouts-cashier    The CU Relief Fund for Ukraine: https://curelieffundforukraine.com/      Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/  Follow Glen on Twitter @154Advisors Follow John on Twitter @jbfintech

An insightful chat with Cardlytics’ co-founder and former CEO Lynne Laube- now a partner with Valor Ventures- and Fintech Catalyst Robert Daniel of Georgia Tech’s ATDC, about September’s exciting startup competition including a few pitch tips from insiders. Also, Glen’s thoughts on PayPal’s new stablecoin and the Premier League’s payments connections.    Links related to this episode:   Fintech South: https://www.fintechsouth.com/    Valor Ventures: https://valor.vc/    ATDC: https://atdc.org/    PayPal:  https://www.cnn.com/2023/08/07/business/paypal-crypto-stablecoin/index.html    AstroPay: https://astropay.com/        Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/  Follow Glen on Twitter @154Advisors Follow John on Twitter @jbfintech

Glen talks with Finovate’s Greg Palmer about the bumper crop of 60+ fintechs demoing at its September event despite widespread reports of a “funding freeze.” Patrick Sells, CEO/Co-Founder of True Digital (one of the presenting companies) joins to shed light on its collaborative vendor optimization platform. Also, reaction to the CUNA/NAFCU merger.     Links related to this episode:   Finovate Fall, Sept 11-13 in New York City: https://informaconnect.com/finovatefall/  USE CODE BIG20 for a special BIGCast discount   True Digital:  https://truedigitalgroup.com/    Patrick Sells’ recent article about the hidden costs of innovation: https://www.bai.org/banking-strategies/the-hidden-costs-of-innovation/    CUNA’s resource page for its merger with NAFCU: https://www.cuna.org/about/cuna-and-nafcu-merger.html    Chip Filson’s thoughts on the CUNA/NAFCU merger: https://chipfilson.com/2023/08/an-initial-reaction-to-the-nafcu-cuna-merger/        Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/  Follow Glen on Twitter @154Advisors Follow John on Twitter @jbfintech

The latest on the Credit Card Competition Act, FedNow’s launch, and two credit union CEOs share their perspectives on deploying ChatGPT. Plus Glen actually says something (kind of) nice about Elon.    Links related to this episode:   Last week’s full CU Town Hall session: https://www.youtube.com/watch?v=djZgiutF_JM    BIG’s crowdsourced initiative to help everyone understand how credit unions are using Generative AI tools like ChatGPT: https://www.big-fintech.com/Products-Services/ChatGPT-for-Credit-Unions    Digital Transactions’ recent coverage of the Credit Card Competition Act: https://www.digitaltransactions.net/the-ccca-wont-harm-card-issuers-ability-to-fund-rewards-cards-mpc-says/    The “Interchange Works” website (CUNA’s advocacy page): https://protectinterchange.com/    FedNow’s list of participants at launch: https://www.frbservices.org/financial-services/fednow/organizations        Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/  Follow Glen on Twitter @154Advisors Follow John on Twitter @jbfintech

John and Glen tackle a variety of timely topics, including the chances for a “Twitter slayer” and social media interoperability, the ever-evolving ChatGPT/GenAI landscape, and increasingly bizarre attitudes surrounding CBDCs. Also- clone marriage and orcas as influencers.    Links related to this episode:   The Center for AI Safety: https://www.safe.ai/    Ron DeSantis’ CBDC campaign promises: https://cointelegraph.com/news/ron-desantis-vows-to-ban-cdbc-in-the-us    Governor DeSantis’ Florida legislation to combat a nonexistent CBDC threat: https://www.flgov.com/2023/03/20/governor-ron-desantis-announces-legislation-to-protect-floridians-from-a-federally-controlled-central-bank-digital-currency-and-surveillance-state/    Coinbase’s take on the illogic of Florida’s bill: https://www.coindesk.com/policy/2023/05/17/floridas-desantis-waging-toothless-campaign-against-digital-dollars-lawyers-say/      The W3C’s ActivityPub standardized social networking protocol: https://www.w3.org/TR/activitypub/     BIG’s crowdsourced initiative to help everyone understand how credit unions are using Generative AI tools like ChatGPT: https://www.big-fintech.com/Products-Services/ChatGPT-for-Credit-Unions      Join us Wednesday July 26 at 3pm ET/Noon PT for the latest edition of the CU Digital Town Hall, a live, lively and interactive meeting of industry leaders sharing best practices on the top issues impacting the credit union movement. Moderated by John Best of BIG and Mike Lawson of CU Broadcast:  https://www.cutownhall.com/ 

Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/  Follow Glen on Twitter @154Advisors Follow John on Twitter @jbfintech

Glen speaks with Market Intelligence Lead Rachel Huber about Marqeta’s 2023 State of Payments Report.  And in a BIGCast first Glen reviews the recent UK film “Bank of Dave” - which virtually screams “credit union.”     Links related to this episode:   Marqeta’s 2023 State of Payments Report:  https://www.marqeta.com/resources/2023-state-of-payments    Bank of Dave (via Netflix UK): https://www.whats-on-netflix.com/news/bank-of-dave-netflix-movie-everything-we-know-so-far-12-2022/    Fact-checking the film’s plot: https://www.denofgeek.com/movies/bank-of-dave-what-happened-in-real-life/    The Atlanta Fed’s latest take on P2P apps: https://www.atlantafed.org/blogs/take-on-payments/2023/07/17/deposit-insurance-and-payment-apps--how-much-do-consumers-know    BIG’s crowdsourced initiative to help everyone understand how credit unions are using Generative AI tools like ChatGPT: https://www.big-fintech.com/Products-Services/ChatGPT-for-Credit-Unions      Join us Wednesday July 26 at 3pm ET/Noon PT for the latest edition of the CU Digital Town Hall, a live, lively and interactive meeting of industry leaders sharing best practices on the top issues impacting the credit union movement. Moderated by John Best of BIG and Mike Lawson of CU Broadcast:  https://www.cutownhall.com/ 

Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/ Follow Glen on Twitter @154Advisors Follow John on Twitter @jbfintech

John and Glen discuss Wells Fargo’s foray into Generative AI, Elon Musk and Mark Zuckerberg’s foray into the cage, and BIG’s effort to share credit union AI best practices.     Links related to this episode:   Wells Fargo’s new “virtual assistant” app feature: https://www.youtube.com/watch?v=OPaEjVN11c4    Musk vs. Zuckerberg: https://www.theverge.com/23773413/elon-musk-mark-zuckerberg-cage-match-twitter-threads-instagram-meta    BIG’s crowd-sourced initiative to highlight credit union applications of Generative AI: https://www.big-fintech.com/Products-Services/ChatGPT-for-Credit-Unions     Best Innovation Group is pleased to announce a new service line dedicated to helping credit unions build transformative AI-drive solutions for today’s technology-dominated world. When properly harnessed, artificial intelligence offers the potential to optimize many aspects of financial services - while enhancing personalization. Find out more here: https://www.big-fintech.com/Products-Services/AI-Development 

Follow the Best Innovation Group on LinkedIn: https://www.linkedin.com/company/best-innovation-group/  Follow Glen on Twitter @154Advisors Follow John on Twitter @jbfintech