Fintech Insider Podcast by 11:FS

1009. News: How the AWS outage rocked fintech

Oct 27, 2025
Ian Morrin, Head of Payments at Tink, discusses the impact of the recent AWS outage on fintech resilience and the rollout of pay-by-bank in Europe. Merusha Naidu from Paymentology shares insights on their innovative PayCredit platform, enabling faster credit product launches. Pablo Viguera, co-CEO at Belvo, explores the growth of open finance in Latin America, highlighting credit access improvements. The panel also dives into Revolut's strategic license decision in Mexico and the exciting collaboration between Zilch and Plaid.
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INSIGHT

Cloud Outages Reveal Concentration Risk

  • AWS outages highlight systemic risk as many financial services depend on a few cloud providers.
  • Firms must plan for inevitable incidents and focus on resilience, failover, and communication.
ADVICE

Avoid Cloud Provider Lock-In

  • Avoid single-provider lock-in by designing multi-cloud architectures and regional failovers.
  • Build proactive resilience and practiced failover plans to reduce incident recovery time.
ANECDOTE

Splitwise Integrates PayByBank

  • Tink worked with Splitwise to add in-app PayByBank so users can settle balances without leaving the app.
  • Their UK launch drove a visible surge in account checks and payment initiations from day one.
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