Breaking Banks

What drove the explosive growth of fintech in 2021, and can 2022 top it? Brett King, Jason Henrichs and JP Nicols think so, and they have some ideas on how. From M&A to SuperApps to Defi to emerging markets, here are the things leaders need to pay attention to in the coming year.

https://www.youtube.com/watch?v=u5x9Z7YLTgM

Three visionaries leading payments and financial services forward are spotlighted in today's episode with hosts JP Nicols and Amber Buker. Hany Fam, Founder and CEO, Markaaz whose mission is to connect every small business on the planet with a game changing platform that protects and helps businesses grow with a trusted network of suppliers so small business clients can focus on THEIR mission -- growing customers and revenue. Then John Sun, Founder, Spring Labs, who is looking to a future of secure data exchange to unlock data's value for a more inclusive, efficient and secure global financial ecosystem for all, to include 'thin file' or 'credit invisible' consumers, by creating incentives for institutions to provide data not previously factored into the credit reporting ecosystem. Finally, Itamar Jobani, Co-Founder, PayEm, a spend and procurement platform designed to take the pain out of monthly reimbursements, managing requests and invoices, while billing and sending payments globally and in a wide variety of currencies. A little something for everyone to start the year off right!

https://www.youtube.com/watch?v=URxg0S_iBNQ

As 2021 comes to a close we share recent conversations with several innovators filling unique needs. Nathaniel Harley from MANTL and Jesse Wedler from Capital G, a growth stage fund backed by Alphabet, on modernizing bank infrastructure and digital account opening in 3 minutes or less, started for neobanks but pivoted to fill a void for larger, established financial institutions. Jimmy Chen, Founder & CEO of Propel on its new app to help low-income Americans better manage government benefits and take control of their financial health. Last, Javier Rodriguez Soler, Global Head of Sustainability and President of BBVA USA on BBVA's recent partnership 500 Global, a platform to identify disruptive and sustainable technologies for financial services, as BBVA continues its focus on ESG. Opportunities abound as we head into the new year!

https://youtu.be/9XQU7FQ_NAQ

Fintech is a digital business and Covid has helped propel change and adoption. In today's episode we do a deep dive into Embedded Finance Experiences, the next phase of growth for embedded finance with host Brett King and industry leaders and innovators Nigel Verdon, Railsbank, CEO and Co-Founder; Steven McLaughlin, FT Partners, Founder and CEO; and Amit Siwal, Sezzle, CPO EU. Listen as they discuss deeper and richer financial experiences, from their different perspectives, that can seamlessly be part of your brand's customer journey. Consumers are increasingly interested in accessing credit, loans or investment from brands they love and trust, not necessarily tradfi and legacy finance. Listen as these leaders chart the future and figure how you'd like to engage!

https://youtu.be/qjwJ-elXHbc

In today's episode host Brett King connects with Ajit Tripathi. our key correspondent on all things crypto and DeFi, and Donna Parisi, Shearman & Sterling to paint a picture of the current DeFi landscape and opportunities for business. There's work to be done but opportunity to be seized as DeFi offers everything TradFi does with less cost and more inclusivity for all institutions and customers.

Jason Henrichs closes out the episode with a conversation with Sanjiv Kalevar, OpenView as he details a future where banks have full choice and more flexibility in the financial infrastructure market, and discusses innovation in financial services through product lead growth, a simple concept, but hard to come by, where the product makes the customer (think enduser) successful.

https://youtu.be/ARl93AA4qLE

Everyone is betting on an Open Banking future, they are no longer resisting. Consumer behavior supports this with Fintech now having more users in the US than Netflix! In today's episode we check in with our friends from Plaid, John Pitts, Global Head of Policy and Raja Chakravorti, Financial Institutions Mid Market Lead. It's been a fantastic year in the digital ecosystem, the year when for big players Open Banking and digital financial services went from being a question to an answer. Next step is to make sure everyone benefits from digital transformation, from the biggest banks to smallest customers at the smallest institutions, it needs to work for everyone. The wave has crested. Listen to learn what's ahead for financial institutions, consumers and policy watchers!

https://youtu.be/383tHGuG210

Listen as Breaking Banks delivers more insights from Money 2020 when JP Nicols interviews Curt Queyrouze, CEO & President, TAB Bank. TAB has a unique origin story offering banking services to a highly specialized community. They were doing "mobile banking" before it was a thing.Next, Roger Gu, Co-Founder, GM of Cards and Rebecca Sheehan VP Solutions Strategy Travel & Mobility from Emburse share ways banks can better compete by offering virtual corporate cards to humanize and simplify expense reporting and proactively help customers manage spend.Finally, Phillip Ashley Klein, CEO & Co-Founder, FinLync addresses new opportunities within corporate financial services based on the understanding that treasurers and CFOS are consumers too! Discussing how real-time business data and cash visibility can immediately benefit customer credit limits and put working capital to good use for corporations.Enjoy the show!

https://www.youtube.com/watch?v=EYrBO0J5CHg

Today, Host, Entrepreneur and Author Brett King sits on the other side of the Breaking Banks microphone and discusses his latest book, The Rise of Technosocialism: How Inequality, AI and Climate Will Usher in a New World which is co-authored with Dr. Richard Petty, Policy Advisor, Entrepreneur and awarded Academic with guest hosts Amber Buker and Ron Shevlin, author of Fintech Snark Tank, Forbes. The 21st century is going to be the most disruptive, contentious period humanity has ever lived through. It will challenge our most sacred ideologies around politics, economics and social constructs. It will force humanity to adapt in ways we can't yet imagine. Brett King, Futurist once dubbed the King of Disruption, talks about 4 possible futures, three futures chaotic and divisive, with one possible outcome, Technosocialism, an inclusive, planned and emerging society where broad prosperity is possible. Listen to this provocative interview. Humanity is at it's best when we work together!Food for thought this Thanksgiving!

https://youtu.be/UughdQMjgo4

Financial inclusion, micro-finance, climate change and sustainability - hot topics these days - are aptly covered in today's episode when Jason Henrichs interviews Mary Ellen Iskenderian, President and CEO of Women's World Banking, the NGO that wants to use financial innovations to get bank accounts for 1 billion unbanked women around the world; and JP Nicols speaks with Arnaud Auger, Deputy Head of BNP Paribas C.Lab Americas (BNP's Innovation lab) as he shares insights on fintech for climate change and how to empower BNP Paribas’ clients on this challenge and their journey to sustainable finance. Is it possible to measure your carbon footprint via your banking app? Automatically align your portfolio with your values? Listen to learn more.

https://youtu.be/ZkIf1dkEEAA

Host Brett King leads us off this week with news and a chat with Nigel Verdon, CEO & Co-Founder, RailsBank. Railsbank has some exciting news for consumers. Thereafter we go back to M2020 and learn from industry leaders. David Reiling, Chairman and CEO, Sunrise Bank, a socially responsible bank, and also host of our NextGen Banker, on trends he’s noted at M2020 -- BaaS, Crypto. Real-Time Payments, Identity, Data Privacy, Corporate Responsibility. DEI to name a few. Last, an insightful segment with Matt Wallaert, Head of Behavioral Science at frog on how banks can propel change and adoption with behavioral science. Desire, energy and curiosity are not just for the young and hip, leaders need to to encourage curiosity for change and innovation. All behaviors on table for change. Banks can’t afford to NOT mess up.

https://youtu.be/79xSEI3jNLg