Interview with Matt Michaelis: Embedded Finance - The Power to Redefine Daily Life

Host - Rory Holland

Interviewed - Matt Michaelis

This Episode

Matt Michaelis, Chairman and CEO at Emprise Bank, sits down with Rory to discuss the company's journey in the financial industry and their focus on embedded finance. In the family since 1965, Emprise continues to grow and evolve. Matt shares his perspective on going digital, and the challenges and opportunities that come with it in the fintech industry, particularly in relation to regulatory compliance. He emphasizes the need for trust and building strong relationships with customers. Matt believes that the future of finance lies in the intersection of technology and financial services, and that embedded finance will continue to grow.

Key Takeaways

1. Emprise Bank has been in the Michaelis family since 1965 and has grown from a $20 million bank to almost $2.5 billion.
2. The company is focused on bringing digital solutions to its customers and is on a journey to support embedded finance.
3. The regulatory environment is a major challenge for Emprise Bank and the industry as a whole.
4. The future of finance lies in the intersection of technology and financial services, with embedded finance continuing to grow.
5. Building trust and strong relationships with customers is crucial in the financial services industry.
6. Emprise Bank prioritizes serving their communities with integrity and delivering the best experience.

Chapters

00:00 Introduction and Background

00:59 Emprise Bank's History and Focus on Embedded Finance

05:10 Empowering Through Embedded Finance

07:35 Challenges in the Regulatory Environment

11:11 The Future of Finance: Intersection of Technology and Financial Services

15:17 Building Trust and Strong Relationships

About Mighty Finsights

This is 'Mighty Finsights,' the podcast where finance meets formidable insights and spirited storytelling. Each episode offers a deep dive into the challenges and achievements that define the financial landscape, providing valuable lessons in finance, innovation, and resilience. Tune in for an experience that brings finance to life through the voices of its most influential leaders.