Podcasts by RedCompass Labs

To move quickly, enhance product propositions, and better compete is the order of the day for banks worldwide. Many of them, however, still rely on inflexible underlying technologies that prevent them from innovating. For all the talk of the benefits of leveraging the cloud, the costs and risks involved are still very much present in the banks’ consideration. On top of that, some cannot imagine working without their existing platforms. It may seem at first that there are too many questions with so few answers.

How will a move to the cloud serve both the existing banked customers and the unbanked population? Why is moving legacy technologies into the cloud not the same thing as a genuinely cloud-native, next-generation core banking system? In this episode of After Hours by RedCompass Labs, Vijay Oddiraju, the CEO and Co-Founder of Volante Technologies, clarifies these and many other such questions.

Combatting financial crime is one of the key challenges currently faced by the financial services industry. The volume and variety of crimes keep expanding, making fraud, blackmail, and money laundering, for example, harder to detect. The advent of cyber technologies and digital currencies has complicated this task even further. What role can Real-Time Sanctions Screening play in tackling these issues? How can its efficiency be improved? And what sort of considerations need to be made to respect data privacy?

In this episode of After Hours by RedCompass Labs, Mike and Julie speak with Stanley Yong, Head of Product Design at Onyx, about how to drive efficiency into FrinCrime and why Real-Time Sanctions Screening can play a crucial role in this regard.

Approximately 1.7 billion adults do not have an account with a financial institution or through a mobile money provider. With more than half of unbanked people represented by women, the gender gap hinders them from participating in the labour force, control assets, make their own economic decisions, and finally gaining full independence.   

In celebration of International Women's Day, Mike Truter and Julie Guetta invited Elisa Minischetti, Vice President in the Digital Transformation Division of MUFG Bank, to discuss gender equality and digital financial inclusion.   

How can financial services develop a top user value proposition and maximise their profits?  

Listen to this episode of After Hours by RedCompass Labs, in which Mike Truter and Julie Guetta welcome Equinix Digital Transformation Expert, Adrian Mountstephens, to discuss the meaning of Embedded Finance for the Financial Industry.

For years now, the financial industry has been talking about Open Banking – the use of open APIs to access bank customer data and allow third-party developers to build innovative new applications and services.

In our inaugural episode of After Hours by RedCompass Labs, Mike Truter and Julie Guetta are joined by Fintech Investor & Advisor, Adam Moulson, to gaze into the crystal ball and ponder the Future of Open Banking.