Payments Innovation

Open banking is a hot topic these days, but depending on which side of the Atlantic you’re on, there are some large differences in the ways these markets are handling this innovative sector.

As Head of International at Plaid, Keith Grose understands the differences between these markets better than most. He joined us on the show today to help untangle open banking.

What we talked about:

- The transatlantic differences in open banking

- The difference between open banking and open finance

- The COVID-19 effect on open banking

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

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When it comes to Fintechs and modernizing finance, it’s all about improving user experiences.

And few banking products need it more than the traditional bank wire.

In this episode, Chris speaks with Marwan Forzley, CEO at Veem, about how his company is fixing the user experience issues with wiring money.

They discuss:

- Why partners are essential to modern finance

- The effects of COVID on Veem’s business demand

- The problems with traditional bank wires (and how they can be fixed)

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

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There are many ways you can expand your organization’s reach. But when you want to expand your international presence, sometimes the best method is through partnerships.

That’s one way Lucian Lauerman, Head of Solutions for Business at OANDA, is approaching their expanding reach as the company launches its new FX platform.

In this episode, we discuss:

- The history of OANDA

- OANDA’s influence in the FX space

- Why partnerships are the way forward for the company

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

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Buy now, pay later.

It’s a useful way to manage transactional visibility, and I got to speak about it with David True, Founder and Partner at Paygility Advisors.

What we talked about:

- Common gaps in knowledge for non-US companies entering the US market

- Sponsor bank positioning

- The ‘Buy Now, Pay Later’ movement

- Interchange rates and subscription revenue

Check out these resources we mentioned during the podcast:

- David’s LinkedIn Profile

- Paygility’s website

- NYPAY’s website

- NYPAY’s conversation about ‘Buy Now, Pay Later’

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

Hosted on Acast. See acast.com/privacy for more information.

Necessity is the mother of invention.

We’ve all heard it, but the past year has proven it — we are finding new ways to work, to socialize, to educate, to shop and to pay.

And when it comes to Fintech, crisis is the mother of innovation.

In this episode, Cara speaks with Brady Harris, CEO, and Adam Steenhard, Senior Director of Corporate Strategy, at Dwolla, about how they are helping to revolutionize the payments space and why the pandemic is a boon for Fintech more broadly.

They discuss:

- Why payments has grown since the advent of COVID

- The importance of simple integration in Fintech

- Why partners are more valuable now than ever before

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

Hosted on Acast. See acast.com/privacy for more information.

Buy now, pay later, a concept introduced in the ’90s, has since undergone a

digital transformation for consumers across the globe.

Klarna, Afterpay, and Affirm are the few of many that offer consumers a buy now, pay later option for everyday purchases online.

But what about brick-and-mortar purchases?

This is where Arad Levertov, CEO and co-founder of Sunbit, saw an opportunity to disrupt the buy now, pay later space, and did so in a way that encouraged strong relationships with consumers.

In this episode, we discuss how Sunbit addresses:

- The need for brick-and-mortar buy now, pay later options

- Very competitive APR rates and payment plans

- How Sunbit has built a loyal consumer base

To ensure that you never miss an episode of Payments Innovation, subscribe to Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

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Many payment solutions sit atop legacy infrastructures that don’t allow for much flexibility.

New economy companies and FinTechs are looking for more.

In this episode, we chat with Patricia Montesi, Co-founder and CEO of Qolo, about how she designed a next-gen payment solution that embraces modern banking capabilities.

What we talked about:

- The gap in the marketplace that led to the founding of Qolo

- How FinTechs are forcing banks in the US to become more progressive

- The value that expertise brings

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

Hosted on Acast. See acast.com/privacy for more information.

Financial literacy is a hotly debated topic.

How do you educate consumers to make smarter investment decisions?

Sometimes, the best approach is to learn by doing.

That’s why Phillip Barrar, CEO of Moka, is fostering financial literacy not through courses, but through action and participation. He joined the show to discuss how Moka’s products promote financial inclusion in a simple and intuitive way.

He discusses:

- Moka’s products and how they work

- Why the rise of Fintech is good for the consumer

- Why financial literacy comes from action and participation

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

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Recently, the nation became enthralled with an underdog story of ordinary people pushing Gamestop’s stock way past its value to stick it to greedy traders only to be stopped by the power of Wall Street…

Only that wasn’t the whole story.

To learn what really happened, we turned to Yoshi Yokokawa, Co-founder & CEO at Alpaca, in our latest episode for some much needed context on the controversy.

Yoshi explains:

- What really happened with Gamestop

- Why Robinhood had to stop allowing Gamestop purchases

- How the payment order system works

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

Hosted on Acast. See acast.com/privacy for more information.

US regulations mean we don’t see nearly as many startup banks as Europe.

So, if one manages to get past the regulatory hurdles, what do they prioritize?

For Rodrigo Suarez, Head of Innovation at Piermont Bank, a startup bank serving SMBs, speed and culture are the secret to success.

In this episode, we discuss:

- The challenges a startup bank faces

- Why the SMB space is ripe for innovation

- Why speed and culture matter

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!

Until next time!

Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player.

Hosted on Acast. See acast.com/privacy for more information.