Anthony Sharett, President of Pathward on how to do banking-as-a-service right

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! Anthony Sharett, President of Pathward [Editor’s note: This interview was recorded on April 16, six days before the news of the Synapse bankruptcy and […]

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Expanding Business Revenue Streams with a Fintech Podcast

[Editor’s note: I recently appeared on the Podcast Gurus podcast, where I talked about podcasting and how it has impacted our business. My interviewer, Guillaume Jouvencel, penned this article about our discussion.] The Fintech industry is constantly evolving, and podcasts are a great way for people in the industry to share ideas and build a […]

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Lawsuit, subpoena, have fintechs revisiting AI

The class-action lawsuit against Navy Federal has financial institutions revisiting their fair lending practices and considering how AI fits in. For Amount’s director of decision science, Garrett Laird, the conversation is nuanced. According to CNN, the close-to-29-point gap in Navy Federal’s approval rates was the widest among the top 50 mortgage lenders in 2022. It […]

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Fintech Nexus Newsletter (May 29, 2024): Klarna saving $10m by using Gen AI for marketing

Here is another use case for generative AI. BNPL giant Klarna is using Gen AI to run marketing campaigns and generate images. The company is using Gen AI tools such as DALL-E, Firefly, and Midjourney to generate images, which alone saved the company $6 million. But it is not just about saving money. These images are also […]

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Breaking Down a Broken Healthcare Payments System

Americans today are dealing with a healthcare affordability crisis. With inflation at its highest in 40 years, consumers face progressively unaffordable prices, higher-deductible health plans, and more copays, all putting a financial strain on the average U.S. household. In the last five years, family coverage premiums have increased by 22% and deductibles have risen at […]

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Kueski, fintechs ride the BNPL wave in Mexico, where cash is still king

The Buy-Now-Pay-Later market in Mexico is evolving beyond the realm of digital commerce, also emerging as a viable alternative to cash for in-store transactions at brick-and-mortar establishments. In the past few years, several BNPL providers have popped up in the country to address the underbanked, a segment of the population that accounts for nearly half […]

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Fintech Nexus Newsletter (May 28, 2024): PayPal is launching a new ad business

Last month, it was Chase, this month, it is PayPal launching a new ad business. PayPal has hired Uber’s former head of advertising to run PayPal Ads, the new division that will be selling targeted ads based on its customer data. Let’s consider PayPal’s scale for a second. In the first quarter alone, PayPal processed 6.5 billion payments […]

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Synapse is a huge black eye on the industry but let’s not paint all of fintech with the same brush

The collapse of Synapse is a significant blow to fintech. The horrible stories coming out about frozen money for mortgage downpayments, college funds, teenage savings and many more are heartbreaking. People trusted a fintech would handle their money responsibly, that working with a bank partner that had FDIC insurance meant that their money was safe. […]

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Amdocs study shows increased personalization benefits

Results of Amdocs’ Personalization and Multigenerational Banking Survey show that the more customers know about the possibilities for personalization in banking, the more they want. It also shows a significant opportunity for multi-generational banking services through which financial institutions can drive customer loyalty. Amdocs interviewed 1,000 working-age adults in North America; 500 live in a household without children or seniors, 250 live with children […]

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Fintech Nexus Newsletter (May 24, 2024): A SEC approves spot ETH ETFs

It has been the talk of the crypto world all week. SEC watchers noticed early this week that the regulator appeared to be getting ready to approve an ETF for funds holding Ethereum. Yesterday, it was made official as the SEC approved a rule change that will pave the way for the first ETFs to buy and […]

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