While most of us would agree that we have seen significant innovation in fintech and banking over the last decade, we still don't really have a new framework for how we look at banking.

My next guest on the Fintech One-on-One is someone who has thought deeply about innovation in banking and he has lived it as a co-founder of some of the biggest names in fintech. Jason Bates is currently the co-founder and Deputy CEO at consulting firm 11:FS but he is also a co-founder of both Starling Bank and Monzo, two of the big three in UK fintech. 

His framework of four layers for retail financial services provides an interesting perspective and a possible foundation for future innovation.

In this podcast you will learn:

• How Jason first got involved in fintech.
• What it was like in the early days of Starling Bank and Monzo.
• The founding story of 11:FS.
• How he described 11:FS today.
• The difference between digital banking and digitized banking.
• The four different layers of retail banking.
• What we still need to work on in digital banking.
• An explanation of the "Jobs to be Done" innovation philosophy.
• The best ways to apply AI to banking.
• The state of fintech in the UK today.
• Comparing the US and UK fintech landscapes today.
• What Jason is looking at as far as 2024 fintech trends.
• What he is most excited about for the next three to five years.

Connect with Jason on LinkedIn
Connect with 11:FS on LinkedIn

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