Enjoying our podcasts? Don’t miss out on future episodes! Please hit that subscribe button on Apple, Spotify, YouTube, or your favorite podcast platform to stay updated with our latest content. Thank you for your support! Amalia Avramov, President of Financial Services of Amdocs Even though banks have been going through digital transformation now for a decade or more there […]
You could say Banking as a Service is under siege. The number of severe enforcement actions BaaS banks received skyrocketed in 2023 to 13.5% of the total. When you consider there are probably only around 100 banks out of 4,800 that are involved in banking as a service, you can see why this number is disturbing. And […]
A $200m equity raise at a valuation double the previous round? No you did not wake up in 2021 this morning, it is (checks watch) definitely January 2024. I was just chatting with someone earlier this week about equity raises and I commented that there seems to be much more activity this month than in January 2023. […]
In November of 2015, Rob Law and I founded DailyPay in my basement. On a second hand whiteboard propped up against a wall, Rob, Andrew Yoo (Developer 1), my dog Jack, and I derived the key formulas we needed in order to move money before payday, and importantly, the code for how to get paid back. We began […]
Brazilian digital bank Nubank kicked off the year with a strong focus on international expansion, with its stock gaining momentum as the company introduced two significant initiatives in its Latin America operations. First, it secured a license from the Colombian regulator, marking a crucial step in enhancing its customer acquisition strategy in the country. Simultaneously, […]
It has been almost two weeks since the SEC approved Bitcoin ETFs and we now have some data on the 10 ETFs that have been trading since then. The two biggest and oldest names in finance are leading the way: BlackRock and Fidelity. Each fund has attracted more than $1 billion in inflows. But the company that […]
The small business lending space has seen a lot of innovation over the last decade with fintech leading the way. But there is still much more work to do as many small business still lack the access to capital that they deserve. My next guest on the Fintech One-on-One podcast is Steve Allocca, the head […]
The breakthrough technology that Plaid created over a decade ago was the ability to connect in real-time to almost every bank and credit union in the United States. This had never been done before and was a groundbreaking advancement for financial services. Now that technology is mature, we are seeing all the possibilities that can […]
This year has not started well for loanDepot. We first heard the news two weeks ago that the mortgage lender had suffered a cyber attack that shut down critical systems. The incident is still ongoing and this morning we learned that, in addition to many of their systems being down, the personal information of 16.6 million people has been compromised. Many […]