The co-founder and partner of Klaros Group goes in depth into bank charters, the pros and cons of the different options for fintechs and how state versus federal charters are playing out
Our next guest on the Fintech One-on-One podcast is Steve Smith, the CEO, and co-founder of Finicity. Finicity has been a real pioneer in the open banking space, or as Steve likes to call it an open financial data network, which is probably more accurate.
Open banking is not a new concept. More than a decade ago companies like Yodlee were allowing their 30 million users to connect to online banking. But it has certainly come of age in the last two to three years as consumers demand more and better access to their financial data.
The EVP and GM of Global Analytics at Experian takes us on a journey deep into artificial intelligence and best practices for lenders today. He discusses what fintech lenders need to do to be successful and how Experian is helping to bring AI and machine learning mainstream.
Embedded finance is a relatively new term in fintech but it is getting set to revolutionize finance. Today it is quite easy to add finance functionality either within a financial or non-financial firm. And we are beginning to see large brands embrace financial services as a way to increase engagement with their customers. I think this is a trend that is unstoppable.
The payments space was really the first sector within fintech to really get going. And while the payments pioneers like PayPal, Square, and Marqeta (all more than a decade old) have brought us tremendous innovations there is a new wave of developments that will be reshaping the payments industry.
The CEO and President of University Credit Union talks AI, digital banking, partnering with fintechs and the inherent advantages enjoyed by credit unions.