This Week in Fintech

In this week's episode of our fintech news briefing, hosted by Helen Femi Williams, we delve into the latest and most impactful developments across the fintech landscape in a concise 10-minute format. We kick off with a roundup of notable product launches, highlighting Visa's significant enhancement of its B2B digital wallet capabilities and an array of innovative fintech offerings, including a dating app for those with good to excellent credit scores, a new savings account by Wealthify, and Revolut's expansion into travel eSIM phone plans in the UK. Our coverage extends to pivotal news stories, such as SEC's increased oversight for hedge funds and high-speed traders, and Standard Chartered's contemplation of splitting its corporate investment bank, showcasing the dynamic shifts within the financial sector.The episode also features our unique "Fintechionary" segment, where we explore the term "E-Wallet," explaining its role in fintech and its significant impact on the industry, supported by real-life examples like AUB's HelloMoney launch in South Korea, Malaysia, and Hong Kong, and India's central bank's actions on Paytm. We further spotlight upcoming fintech events, including the TWIF Nairobi Fintech Happy Hour and the Vegas Happy Hour with Gainbridge, inviting listeners to network and engage with the fintech community. Rounding off the episode, we share a snippet from our subscriber-only long-form content "Signals," focusing on the article "The lost art of ‘F*ck around and find out’" by Jake Gibson, which delves into the bootstrap journey of NerdWallet and the crucial lessons for today's entrepreneurs. This episode, hosted by Helen Femi Williams, offers a comprehensive and insightful overview of the fintech world, making it a must-listen for anyone keen to stay informed about the industry's latest trends and developments.

Matt Harris and Steve McLaughlin, fintech experts, discuss the early days of fintech, the challenges of making money from the underbanked, and personal highlights of 2023.

In this week’s 10 min briefing, we dive deep into the dynamic world of fintech, bringing you a curated mix of the latest news, insightful events, and groundbreaking developments. From the forefront of innovation, we explore significant product launches by giants like Banorte and Citi, and delve into Mastercard's AI-driven approach to fraud detection. The competitive landscape is further animated by HSBC's Zing app, challenging existing FX fintechs and Wise, alongside their strategic installation of cash pods in bankless towns. In the realm of regulatory actions and market shifts, we examine the implications of a hefty fine on City National Bank and the workforce adjustments by TSB and Société Generale, reflecting the industry's constant evolution.Our exploration doesn't stop at news. We highlight an exceptional opportunity in our 'Job of the Week' segment, focusing on a role at Outgo that promises to make a tangible difference in the financial management for truckers. In our Fintechionary feature, 'DeFi' or Decentralised Finance takes center stage, unpacking its potential to revolutionize personal finance management. Moreover, we provide a snapshot of vibrant fintech events from NYC to Nairobi, illustrating the global community's zeal for innovation and collaboration. This episode is designed not just to inform but to engage and inspire, offering a comprehensive view into the challenges, triumphs, and transformative potential of fintech. Whether you're an industry veteran or new to the scene, join us for a journey through the intersections of finance and technology, where every story is part of the larger narrative shaping the future of finance.

Building the Best, with Jillian Williams feat. Peter of Synctera

In this week's captivating episode by Helen Femi Williams, we dove deep into the intricacies of the fintech world, with a thought-provoking discussion on the phenomenon of idea recycling within the fintech industry, highlighted by insights from Nik Milanović's latest piece. We followed up with our educational "Fintechionary" segment, demystifying 'C' for Cryptocurrency and connecting its concepts to recent news, including India's tax stance and Visa's expansion in crypto services. The episode also spotlighted an exciting job opportunity at Coast, a startup revolutionizing the U.S. B2B card payments infrastructure, seeking early sales hires to drive their mission forward. Rounding off with our "Events Segment," we highlighted upcoming fintech gatherings globally, from mixers in Mexico City to networking coffee mornings in NYC and happy hours in San Francisco and Nairobi, offering listeners a gateway to connect with the fintech community. This episode not only informed but also inspired, providing listeners with a comprehensive overview of the current trends, challenges, and opportunities within the fintech landscape.

In this episode, Julie interviews Daniel Yubi, a fintech entrepreneur from Cancun, Mexico and the founder & CEO of Payable. He started his career as a practicing lawyer, but eventually pivoted to follow his passion in product management. Since then he has spent over a decade developing fintech products in the US and UK, most recently leading product at checkout.com. He was building platform payments for the best known fintech brands (Klarna, Revolut, Mollie) in Europe when he noticed the operational challenges finance teams were facing and saw an opportunity to start Payable. Listed as one of the startups that are disrupting the CFO tech stack, Payable is helping finance teams automate their financial operations at scale.2:00 Moving to the UK and staying up to speed on payments6:30 Where Payable fits into the payments space12:45 Taking the leap and becoming a founder19:00 High points and low points of his career28:30 Quick fire questions

In this week's episode of the Weekly Briefing, we delve into the latest developments in the fintech world, highlighting key product launches and partnerships that are shaping the industry. We explore significant news such as JP Morgan's record-breaking profitability, the speculation around an ETH ETF, and the innovative strides companies are making in areas like wealth management for couples, tax preparation services, and B2B financing solutions. The podcast also covers the critical role of luck and serendipity in career paths, as exemplified in our feature interview with Emily Luk, CEO & Co-Founder of Plenty. Join us as we navigate the exciting and ever-evolving landscape of financial technology in 2024.

Welcome to our 10-minute Fintech News Briefing, where we delve into the latest happenings in the fintech world. This week, we explore key events shaping the industry, keeping you informed and ahead of the curve. Dive into the 'Hottest Fintech Jobs' segment for insights into career opportunities that are making waves. Our 'Signals' feature examines the trends of 2024 – what's hot and what's not in fintech. Plus, don't miss our 'Fintechionary' section, where we focus on AI and its transformative impact on fintech. Stay updated, stay ahead – your essential fintech update starts here.

In this episode, Jillian is joined by the co-founders of Cognito, an ID verification and KYC provider to the fintech world, which was acquired by Plaid in 2021. Alain Meier, Co-Founder and CEO of Cognito (acquired by Plaid) John Backus, Co-Founder and CTO of Cognito (acquired by Plaid)Building The Best dives deep into the fundamentals of creating and scaling transformative products through interviews with the best founders in fintech.

FinTech news, scams, and fraud with a special guest. 0:00 Helen discusses changes to Hey Fintech Friends podcast now the TWIF podcast, News, and fintechtionary: with a focus on the difference between scams and fraud. Fraud prevention and scams in the digital age. 4:47 Sardine prevents fraud and identity theft by detecting and preventing unauthorized transactions. Sardine's API helps financial institutions detect fraud and scams, with a focus on young adults who are frequent online users. Fraud and scams in payments. 8:03 Soups clarifies fraud and scam differences: fraud is unauthorized use, scam is authorized but misleading. Helen was scammed out of money by someone claiming to be a landlord in Lisbon, who requested additional payment after she had already sent a deposit. Helen felt embarrassed and ashamed about being scammed, and struggled to come forward due to the emotional impact. Soups explains that the core problem with faster payment methods is that there is no built-in dispute mechanism, making it difficult to determine if the payment instrument matches the identity of the individual on the other side. Sardine's long-term vision is to create a database of trustworthy parties for faster payments, allowing for more secure transactions and reducing the risk of fraud. Banking and payment scams, solutions to prevent fraud. 14:14 Soups highlights the rapid growth of scams and fraud, particularly in the UK and US, where faster payment systems have led to increased losses due to authorized push payment scams. Soups predicts that regulators will soon take a closer look at this issue, potentially leading to changes in how victims of scams are treated. Soups explains the core problem of sender verification in online transactions, which is the lack of built-in sender verification in internet protocols like DNS, email, and voice over IP. Sardine's solution is to build in signals to detect if someone is being scammed in real time, using tools like screen sharing and remote session detection. Regrets and lessons learned as a founder. 19:50 Soups reflects on their experience with Sardine, a startup they co-founded, and shares two key insights: prioritizing health and not hiring a salesperson too early. Soups advises other entrepreneurs to prioritize their health and wait until they reach $1 million in ARR before hiring a salesperson. FinTech, fraud detection, and compliance. 23:18 Helen and Soups discuss the importance of authenticity and building relationships in sales, with Soups sharing their experience of learning through rejections and following up quickly. Soups predicts that in the next 12-24 months, we will see a FinTech story that has not yet been seen, possibly related to the impact of the pandemic on time and its effects on the industry. Soups predicts increasing interconnection of faster payment methods worldwide, leading to competition for Visa and Mastercard. Soups company aims to provide fraud and compliance solutions for fintechs and banks building new products on faster payment methods. Quick Fire, Signals and Events. 29:35