Wharton FinTech Podcast

11:FS CEO David M. Brear — the banking battlefield, fintech for SMEs & financial ecosystems globally

12.06.2023 - By Wharton Fintech PodcastPlay

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In today’s episode, Kailee Costello hosts David Brear, the CEO and co-founder of 11:FS and one of the hosts of the Fintech Insider podcast.

In today’s episode, David shares his insights on 3 topics:

1. How digital technologies and fintechs have unleashed innovation in commercial banking. We talk about the unmet needs of SMEs and why David expects to see a transition to more service-based models in the future.

2. The banking battlefield. The competitive landscape is shifting from being about the “number of customers you can acquire” to a landscape where digital is increasingly important. We discussed strategies that incumbent banks can take to stay competitive.

3. How fintech and financial ecosystems differ across different global markets. We spoke about the impact of generational and cultural differences, and why David expects there to be different winners in different regions.

Check out the 11:FS podcast ‘Fintech Insider’: https://content.11fs.com/podcasts/fintech-insider

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