Fintech Insider by 11:FS

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Welcome back to the second episode of this brand new show, Fintech Insider USA! In this episode, we are extremely excited to bring you a fantastic interview with Head of Partnerships at Plaid, Lowell Putnam!

Sam sits down with Lowell Putnam, Head of Partnerships at Plaid at a very exciting time for the company! Lowell Putnam was previously the CEO and Founder of Quovo which have now been acquired by Plaid. In this interview, Sam and Lowell talk about a recent couple of busy months for the company, writing your own playbook and how being honest about imperfection can actually save your business! Lowell gives us his 30 seconds pitch of what Plaid does, and the duo discusses whether or not open banking will actually hit in America.

Furthermore, Lowell explains why you should always make sure that the elevator car has arrived before stepping into it and why you sometimes have to throw out your own ego in order to save yourself time and money. We get to hear about Lowell's vision for the future of Plaid, and what disrupting a legacy really feels like.

All this and so much more on today's show.

Don't forget to subscribe so you never miss an episode, leave a review on iTunes and let us know your thoughts on the stories @FintechInsiders on Twitter where you can also ask the hosts questions, or email podcasts@11fs.com

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guest: Lowell Putnam.

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This week we have some great stories for you as Sarah and co-host Adam are joined by a couple of great guests :

Karen Kerrigan - COO of Seedrs
Romi Savova - CEO and founder of PensionBee
Iona Bain - blogger at Young Money as well as industry commentator, author and speaker

We kick off the episode by taking a look at the remedies for small businesses story. Nationwide Building Society, Investec Bank and The Co-operative Bank have been granted a total of 80 million pounds from the RBS Remedies Fund Pool B. The allocations are as follows: 50 million pounds to Nationwide, 15 million to Investec bank and 15 million for Co-operative bank. The panel discusses the three banks commitments for the money and if there is any significance in the fact that the money was largely given to incumbents? Why wasn't Monzo on the list? Maybe the government thinks that they already have everything sorted out?

Next up, we talk about Metro's big short! The bank faced a shareholder revolt when ISS recommended investors to reject Metro's pay report. Since the news, some branches had to face a "run" when rumours spread over WhatsApp that the bank was going to take control over its customer's assets and customers tried to take their cash out in pure panic. The panel discusses the damage social media rumours can have on a company and how the recent events could affect the reputation of the bank? To quote Sarah: Oh dear!

A Lady Godiva, a Commodore, Dosh, Dore or Lolly? What do you call your money? Do not miss the final news story of the episode with some hilarious slangs for money and the panel unveiling the country's number one term!

Other stories include:

HK banking licence wins
Brits don’t back banking tech
UK fintech investment keeps on growing
Silicon Valley’s newest stock exchange

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Adam Davis, Iona Bain, Karen Kerrigan, and Romi Savova.

Links:

Nationwide, Investec, Co-Op Bank get cash for small business lending - Reuters
Metro Bank faces shareholder revolt
Tencent, Alibaba, Xiaomi units win Hong Kong online banking license - Reuters
Brits wary of new banking tech, despite high demand
SoftBank Vision fund invests $800m in UK fintech

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David and Jeff take a close look at mortgages, a painful process Jeff recently went through. Research shows that people who have gone through the process felt stressed, lost sleep, half of the couples rowed over the process and 1 in 10 couples stopped having sex! Furthermore, 1 in 10 sought GP help due to effects on mental health. What is broken here?

The duo is joined by a panel of fantastic guests to tell us more about the mortgages market, why some of these challenges exist and what changes are coming:

Maria Harris - Director of Intermediary Lending, Atom
Toril Steinmo - Head of Loans, DNB
Dan Hegarty - CEO, Habito
Vadim Toader - CEO, Proportunity

The panel discusses how applying for mortgages is one of the most stressful processes in our lives, as humans have integral anxiety about shelter for themselves and their family. The panel argues that the product is not built around the consumer's needs, but rather quite simple data made incredibly opaque. Vadim Toader explains the process like planning a wedding, you don't have any prior knowledge about the process, and hopefully, when you have done it once you don't have to think about it ever again.

Thoril Steinmo explains how the process is very different in Norway, and the panel asks, what is inhibiting the UK to have the same process as they do in Norway? Is there an urgent need for a clearer and more transparent language that customer actually understands?

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Daniel Hegarty, Jeff Tijssen, Maria Harris, Toril Steinmo, and Vadim Toader.

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Welcome to this brand new show brought to you by 11:FS, Fintech Insider USA!

In this week's episode, Sam Maule is at Empire Startups’ New York Fintech Week Conference where he was invited to mingle with some of the brightest and the best from the New York fintech scene and was able to record some interviews with some of the top speakers of the conference!

We hope that you will enjoy these interviews, just as much as we have enjoyed recording them!

Our fantastic guests for today's episode are:

Alexa von Tobel, Founder and Managing Partner at Inspired Capital
Henrique Dubregas, CEO and founder of Brex
Rhian Horgan, CEO and Founder of Kindur
Mariquit Corcoran, MD at Barclays US

We kick off the episode by speaking to Alexa von Tobel about her entrepreneurial spirit, her new book Financially Forward and how having control over your wallet can help you take control over your life. Alexa also explains why being an entrepreneur is like being punched in the face every day (02.01).

Alexa's book Financially Forward is out and available on this link: https://www.amazon.com/Financially-Forward-Todays-Digital-Smarter-ebook/dp/B07GMSWGCG

Next up, we talk to Henrique Dubregas, CEO and founder of Brex who tells the story of how he built an online game at 12 years old, how starting a credit card company is actually quite complicated and how sometimes you just have to walk away (16.35).

Our next guest is Rhian Horgan, CEO and Founder of Kindur. Rhian talks about how the company are trying to help baby boomers with their retirement planning, an urgent matter as up to 10.000 baby boomers retire every day! Our last guest is Marquit Corcoran, MD at Barclays US. Sam and Marquit talk about the differences in the market between the US and the UK, how Barclays are hoping to be a household name in the US and the art of good communicational skills.

All this and so much more on today's show!

Don't forget to subscribe so you never miss an episode of this brand new series, leave a review on iTunes and let us know your thoughts on the stories @FintechInsiders on Twitter where you can also ask the hosts questions or email podcasts@11fs.com. Stay tuned for next episode of Fintech Insider US!

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Alexa von Tobel, Henrique Dubregas, Mariquit Corcoran , and Rhian Horgan.

Financially Forward: How to Use Today's Digital Tools to Earn More, Save Better, and Spend Smarter

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This week we have some excellent stories for you as David and Simon are joined by a few fantastic guests:

Rebecca Duckworth, Chief Sales Officer at Quotevine Limited
Louis Sutton, Co-Founder & Director at The Grapevine and host of I, Fintech
Valentina Kristensen, Director of Growth and Comms at OakNorth
Ryan Edwards-Pritchard, Managing Director at Funding Options

We kick off the episode with Valentina making a big announcement regarding OakNorth entering the mortgage market. As mortgage processes can be considered overlooked and underserved, the discussion goes to whether or not this product could drive incumbents to change existing mortgage processes. OakNorth are hoping that by offering a bespoke customer-centric product, it will become a major player in the sector (03:16).

Next up, we talk about Lloyds’ disappointing Q1 results and the fierce competition in the mortgage market. The panel ask where growth is going to come from and how the market is going to change with new challenger banks coming up. Being the "least worst" of the big banks is no longer what is at stake, with new challenger banks delivering new efficient processes (14:36).

Also, our recurring guest Ryan Edwards-Pritchard at Funding Options has a big announcement to make!

More information about the announcement can be found here:

https://www.altfi.com/article/5335_funding-options-and-experian-bid-for-slice-of-rbs-775m-bank-competition-fund

Other stories include:

RBS Getting Back Into Payments Ten Years After It Unloaded Worldpay
Singapore may allow virtual banking licences after Hong Kong
ATMs are vanishing
SF bans cashless shops
The Art of Losing $1BN

All this and so much more on today's show.

This week's episode was produced by Laura Watkins, written by Dhanum Nursigadoo and edited by Alex Woodhouse.

Special Guests: Louis Sutton, Rebecca Duckworth, Ryan Edwards-Pritchard, and Valentina Kristensen.

Links:

OakNorth enters retail mortgage market
Lloyds Banking Group: Q1 results analysis | City A.M.
RBS Gets Back Payments Ten Years After Worldpay | PYMNTS.com
Singapore May Allow Virtual Banks After Hong Kong, DBS Says
Free cash machines vanishing at alarming rate, says Which? - BBC News
San Francisco To Bar Cashless-Only Stores | PYMNTS.com

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Anthony Thomson is Founder of 86 400, Atom Bank and Metro Bank.

Simon talks to Anthony about the Australian market and how he can apply the lessons he's learned from setting up UK challenger banks to Australia's financial sector, the differences between customer needs in the two countries and how to design a proposition for a brand new market.

The pair also discuss the atmosphere Australia's regulatory environment creates for challengers and how new market entrants can operate in an area where incumbents have such entrenched power. They also take a look at Anthony's previous challenger banks and what they've accomplished so far.

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guest: Anthony Thomson.

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This week we have some great stories for you as David and Simon are joined by a couple of great guests:

Samantha Bedford, Head of Innovation and New Ways of Working, CYBG
Freddie Villis, Google Account Manager: Finance at Snowdrop Solutions
Oscar Williams-Grut, Senior Correspondent at Yahoo Finance

We kick off the episode by taking a look at Central banks becoming the world's newest climate change activists. An open letter in support of climate change came from the Network for Greening the Financial System (the NGFS). Simon comments that customers are making eco-friendly choices all the time as shown by the growing presence of challenger banks (03:17).

You can read up on Simon's views around eco-friendly finance here.

Next up, we talk about Open Banking one year on. According to the OBIE, in addition to helping individuals with their finances, Open Banking is using technology to combat societal issues such as access to mortgages and debt advice, with benefits for the UK SME community also being perceived. Oscar remarks that Open Banking will only be a success when we're no longer talking about it (15:16).

We also have an interview with Chris Woolard, Director of strategy and competition on GFIN's first eight firms for its sandbox (25:55).

Other stories include:

GFIN’s first 8 firms
Snoop Dogg-backed 'try before you buy' payment firm sees sales jump
Women are less aware and trusting of challenger banks
Mastercard and Visa to slash inter-regional fees for tourist cards in EU
And finally, Man dissolves credit card to make contactless ring

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Chris Woolard, Freddie Villis, Oscar Williams-Grut, and Samantha Bedford.

Links:

Central Banks Are the World's Newest Climate Change Activists | Fortune
Has Open Banking changed anything 15 months on?
Global sandbox accepts first eight firms
Snoop Dogg-backed Klarna's revenues and sales rocket
Exclusive: Digital banks have won over half of Brits, but women are being left behind - AltFi News

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We were at the Innovate Finance Global Summit this week to bring you a very special collection of interviews. Sarah sat down with some great guests to get an insight into the breadth of London fintech’s influence on a global scale, she speaks with:

Charlotte Crosswell, CEO of Innovate Finance
Chris Woolard, Exec Director of Strategy and Competition
Rishi Khosla, CEO and Co-founder, Oak North
Charles Ng, Associate Director-General of Investment Promotion at Invest Hong Kong.

Sarah talks to the interviewees about the summit, now in its fifth year, what the FCA has planned for its sandboxes in the coming year as well as GFIN, commitments that fintechs have made to give back profits and some key insights into the fintech market in Hong Kong with startups finally gaining access to a long-coveted Asian market.

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Charles Ng, Charlotte Crosswell, Chris Woolard, and Rishi Khosla.

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This week we have some great stories for you as David and Simon are joined by a few great guests:

Hiroki Takeuchi, CEO of GoCardless
Solange Dive-Chamberlain, Head of Commercial Banking Strategy at LBG
Chris Maddern, Co-founder & CPO at Button, formerly of Venmo
Niall Cameron, Global Head of Corporate and Institutional Digital at HSBC

We kick off the episode by taking a look at Station F, could it be France’s F-You to London’s fintech hub? Opened in June 2017, Station F is the world’s largest startup incubator. Station F acts as a statement of ambition. France wants to become the number one country for tech in Europe. Hiroki notes that Paris is five years behind London in terms of fintech environment and David's not a huge fan of the name...(02:50)

We speak to Oscar Williams-Grut, who wrote the story, for a bit more insight (03:34).

Next up, we talk about the evolution of the US prepaid card ecosystem. There were 10.7 billion prepaid card transactions worth $290 billion in 2016, according to The Federal Reserve. Business Insider Intelligence expects that to grow to $396 billion by 2022. Solange notes that prepaid cards impact on the way people interact with money and each other - driving customer behaviour (13:15).

Other stories include:

N26’s Viennese whirl
Turning the Tide on business registrations
Stripe’s new SCA acquisition
Robinhood shoots for a banking charter
T-Mobile’s Take 2 on digital banking
And finally, The Germans hoard more gold than the Bundesbank

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Chris Maddern, Hiroki Takeuchi, Niall Cameron, and Solange Dive-Chamberlain.

Links:

Britain should be worried about France's tech ambitions
THE PREPAID CARD REPORT: What issuers can do to win market share in a period of unprecedented regulation and competition - Business Insider
N26 to open security-focused tech centre in Vienna
Exclusive: Tide to launch company formation in UK banking first - AltFi News
Stripe buys Touchtech ahead of new EU online authentication rules

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Ross and Adam are taking a close look at financial literacy, how fintech is encouraging better money management from a young age and how pocket money apps are pushing forwards innovation. They're joined by a couple of experts in the space:

Louise Hill, COO of GoHenry
Will Carmichael, CEO of Rooster Money

The panel talks about the effects of activating customers early on in life, something banks have done really well with student accounts. They take a look at whether there's a responsibility to create educational tools within finance apps aimed at children, if psychological ‘nudges’ early enough in life can make someone far more financially literate as they grow older and what pressure, if any, there is from the regulator to increase financial literacy.

They also discuss the complexity of building a digital proposition for such a varied target market and whether the target audience is children or if it's really for the parents.

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Adam Davis, Louise Hill, and Will Carmichael.

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This week we have some great stories for you as Sarah and Simon are joined by a couple of great guests:

Freddy Kelly, CEO and co-founder at Credit Kudos
Ben Gleisner, CEO and Co-founder at CoGo
Simon Vans-Colina, Engineer at Monzo

We kick off the episode by taking a look at US lenders preparing for a recession. U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are scrutinizing loan quality, securing long-term financing and cutting costs, as executives prepare for what they fear could be the sector’s first economic downturn. We hear from our Americas MD, Sam Maule for a US perspective (:).

Next up, we talk about RBS challenging the challengers with Bo. Despite buying NatWest almost 20 years ago RBS still uses different IT systems at the two banks. Bó, their new digital-only consumer bank in contrast, has been built in a little over a year on a completely new cloud-based system. It will launch to the public later this year. Sarah and Simon VC remark that if Bo are happy to be a companion bank account, the data can't be fully representatives of their customers' finances. Simon T thinks that profitability is at least a five year journey - is the importance of profit early on misguided? (:).

Other stories include:

N26 in trouble with German regulators over hypergrowth
86400 sign a partnership to offer home loans
Halifax rebrand gets slammed for copying Monzo and Starling
Ant Financial take on the Chinese healthcare market
Derek White waves goodbye to BBVA
Facebook calls time on P2P payments
And finally, Joe Lycett Impersonates RBS Boss to Get £8,000 Back to Scammed Customer

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Ben Gleisner, Freddy Kelly, and Simon Vans-Colina.

Links:

Worried a recession is coming, U.S. online lenders reduce risk - Reuters
RBS steps on to the digital challengers’ turf - Optimal Money
After Revolut, German startup bank N26 faces questions from regulators
Aussie challenger 86 400 scores home loan distribution deal
Halifax rebrand slammed for copying Monzo and Starling
Millions Rush to Join a Wild New Health Pl

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This week we take a look at something set to change payments for everybody as we talk about Strong Customer Authentication (SCA) Sarah is joined by some great guests to discuss the subject:

Nilixa Devlukia, Head of Regulatory at Open Banking
Olivier Godement, Product Manager at Stripe
Daniel Chatfield, Engineer at Monzo
Fred Liu, VP Identity and Risk Products at Visa

We kick off the episode by taking a look at what's driving the introduction of SCA and the theoretical benefits around it. The group explains what SCA is, who's responsible for its implementation and whether any existing SCA can work when SMS-based 2FA has been breached in the past.

There's a discussion around whether SCA actually allows or encourages innovation or if it's going to grind innovation to a halt. SCA has had a very fragmented introduction so the outlook isn't particularly clear and the panel discuss what the possible outcomes could be, including whether or not PIN Sentry tools may make a return.

They also examine how the payments and fintech ecosystem is preparing for SCA. There's little certainty around what SCA will actually look like and the panel discusses what solutions the people around the table are working on.

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Daniel Chatfield, Fred Liu, Nilixa Devlukia, and Olivier Godement.

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This week we have some great stories for you as Jason and Adam are joined by a few great guests:

Anthony Craufurd, Director, Venture and Startup Engagement at Visa Europe
Chris Low, Senior Advisor at Motive Labs
Emily Nicolle, Technology Editor at City AM

We kick off the episode by taking a look at Standard Chartered expected to pay just over $1 billion to resolve U.S., U.K. probes. Standard Chartered Plc has agreed to pay $1.1 billion to U.S. and British authorities for conducting illegal financial transactions that violated sanctions against Iran and other countries. Chris comments on the importance of it being based on historic violations and Jason wonders if it's only the people who aren't good at avoiding AML that get caught (02:13).

Next up, we talk about London being set to lead the unicorn race. Of the 29 global unicorns, 9 are in San Francisco, 7 are in London and 38% of VC funding went to London with reports suggesting that London will overtake the US tech hub in funding this year, bringing the total number of unicorns up to match or overtake San Francisco. Emily Nicolle remarks that London is the global fintech hub and always has been and Anthony Craufurd adds that the FCA is a dark horse that everybody in the world is copying (08:16).

Other stories include:

CMA chides big banks for Open Banking delays
N26's competitive edge in Africa
Visa branches out
And finally, how your cat could be the next voice of the world's first 'miaowing' debit card.

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Adam Davis, Anthony Craufurd, Chris Low, and Emily Nicolle.

Links:

Exclusive: Standard Chartered expected to pay just over $1 billion to resolve U.S., U.K. probes - Reuters
London startups to take fintech unicorn crown from San Francisco | City A.M.
Monzo seeks to raise £100 million in new funding
As fintech valuations soar, Tandem eyes fresh £80m+ funding round - AltFi News
SoftBank-backed Grab seeks another $2 billion funding in expansion drive - Reuters

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Live from NYC's New York Fintech Week with the DIT Sam's joined by some great guests to talk about the future of money:

Natalie Ceeney, Chair, Innovate Finance
Robin Mackenzie, Chief Marketing Officer, De La Rue
Andrew Boyajian, Head of North America, Transferwise
Farrah Lakhani, Director, Growth and Operations at OakNorth Analytical Intelligence

We kick off the episode by taking a look at the story so far and how the UK fintechs have developed world leading challenger brands offering new customer products and services that are focused on the customer.

Next up, the panel talk about how customer centricity drives innovation, how that factors in to the notion of digitalisation over digitisation and whether customer focus is something that's gathered appeal on a global scale.

They also take a look at the appetite for fintech in the US and what makes breaking America so much more difficult than the European market. And whether there's an unfair advantage built in for UK fintechs.

Payments are a major factor in the US financial ecosystem and the panel examines how cross border payments are having an effect on incumbent money transfer services and how faster payments could be brought to the USA.

Wrapping things up the group takes a look at future predictions on how UK fintech innovation will affect the global scene, particularly post-Brexit and how important it is for Lodnon to remain a global fintech hub.

All this and so much more on today's show.

We want to say a huge thank you to the Department for International Trade and De la Rue who helped make this episode of Fintech Insider Live possible. New York Fintech Week was an unmissable event and we hope you enjoyed our panel from the show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Andrew Boyajian, Farrah Lakhani, Natalie Ceeney, and Robin Mackenzie.

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This week we have some great stories for you as David and Ross are joined by a couple of great guests:

Ken Hart, CEO and Founder of Snowdrop Solutions
Megan Caywood, Managing Director at Barclays

We kick off the episode by taking a look at Revolut's newest scandal reveal. The Financial Conduct Authority has made enquiries into Revolut after being contacted by an ex-employee whistleblower who passed on their concerns regarding compliance and the CEO’s conduct as far back as 2016. Megan comments that it seems to have started from the Valentine's incident and snowballed from there and wonders if it could be because the media's loving the scandal and making the culture out to be bad. Ken adds that to be disruptive you have to take risks but if you want to be a trusted financial partner then you need to pivot and do some things differently (02:14).

Next up, We spoke to Gary Turner Co-Founder and Managing Director of Xero UK & EMEA to find out more about making tax digital (08:34).

The panel talk about how making tax digital and how the initiative is going to affect 1.2M VAT-registered businesses. It's the first step in a process that ultimately aims to automate returns and payments for companies and households for all the main taxes. Megan remarks that this has been going on for a while but it's only just becoming mainstream and that it's great to see the regulator making such a strong push for digital. Ken comments that there's a lot of effort made in the UK to make digital organisation work, especially compared to his experiences with the IRS in the US (10:20).

We also talk to Luke from Monzo's vulnerabilty team to find out more about Monzo's involvement with the Big Issue to make magazines resellable (39:37).

Other stories include:

Cash probe into RBS Remedies Fund
Big banks spending billions on digital - again
Subscribe to wealth: The Netflix of Data
Kroener says auf wiedersehen to Fidor x BPCE
Pay it forwards again and again and again
And finally some of the best financial pranks across the years

All this and so much more on today's show.

This week's episode was produced by Laura Watkins, written by Dhanum Nursigadoo and edited by Alex Woodhouse.

Special Guests: Gary Turner, Ken Hart, and Megan Caywood.

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David and Simon are with some great guests from Finastra, including:

Simon Paris, CEO
Eli Rosner, Chief Product and Technology Officer
Martin Haering, Chief Marketing Officer
Nicola Hamilton, Senior Director, Brand and Communications

We're bringing you an insight into how to manage diverse sets of client requirements, handling varying paces of change and overcoming the hurdles regarding legacy brands.

We also talk to Finastra about their Corporate Social Responsibility (CSR) initiatives, how the company interacts with CSR and what the future has in store for Finastra.

Our guests talk to us about creating a platform for financial services that let banks move faster than core banking systems let them. Finastra aims to provide an open platform for innovation in the financial services industry in an age of massive consolidation and doing it in a way that deals with internal silos and prevents them from being formed. They also talk about skill transfer, enabling those without technology skills to use platforms and how big techs are creeping into the banking area.

All this and so much more on today's show.

Don't forget to subscribe so you never miss an episode, leave a review and let us know your thoughts on the stories @FintechInsiders on Twitter where you can also ask the hosts questions, or email podcasts@11fs.com

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Eli Rosner, Martin Häring, Nicola Hamilton, and Simon Paris.

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This week we have some great stories for you as David and Leda are joined by a couple of great guests:

Conny Dorestijn, Founding Partner at BankiFi
Ryan Edwards-Pritchard, MD of Funding Options

We kick off the episode by taking a look at Apple Card, Apple announced the launch of a credit card designed to help customers lead a healthier financial life. It offers no fees of any kind and encourages customers to pay less interest. Conny comments that it's a cool product that can deliver an excellent user experience across devices, which is where Apple will excel but Leda thinks that this isn't a gamechanger (03:06).

Next up, we talk about Oaknorth and Monzo teaming up to launch a savings account, Ryan thinks that this news is a great entry partnership for the companies and Leda adds that Oaknorth are the story right now more than Monzo (17:53).

We also talk to Amir Nooriala, COO of OakNorth to get some further insight into the partnership (21:00).

Other stories include:

Venmo’s going after users with negative balances
Standard Chartered wins first Hong Kong virtual licence
HSBC Signs Deal to Use BlackRock's 'Aladdin' Software Worldwide
Erica’s a hit with America
JPM boot out employees in the event of a no-deal Brexit
Rick Astley (bank) Rolls his retirement with crypto
And finally, The Wetherspoons App Is Now Being Used By Financial Dominatrixes

All this and so much more on today's show.

This week's episode was produced by Laura Watkins, written by Dhanum Nursigadoo and Laura Watkins. Edited by Alex Woodhouse.

Special Guests: Amir Nooriala, Conny Dorrestijn, and Ryan Edwards-Pritchard.

Links:

Introducing Apple Card, a new kind of credit card created by Apple - Apple
Challenger banks Oaknorth and Monzo team up to launch savings accounts | City A.M.
Venmo Pursues Customers With Negative Balances | PYMNTS.com
Standard Chartered to build new virtual bank in Hong Kong in fintech drive | City A.M.
HSBC Signs Deal to Use BlackRock's 'Aladdin' Software Worldwide | Investing News | US News
Bank of America's Erica chatbot wins over customers

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Last year we introduced you to the wonderful world of Luxembourg fintech through LHoFT, nine months later we've been invited back.

Laura Watkins explores how Luxembourg has solidified its place in Europe as a fintech hub and how this tiny country plans to extend its reach globally by talking to some of the key players in Luxembourg's fintech space, including:

Pierre Gramegna, Luxembourg Finance Minister,
Nasir Zubairi, CEO of LHoFT - (lux House of Fin Tech)
Susanne Schartz, Chief Operating Officer, Seqvoia, a homegrown Luxembourg fintech
Luc Falempin, CEO at tokeny.com
Alberto Dalmasso, Co-Founder and CEO of Satispay

Laura finds out how Luxembourg is capitalising on interest in blockchain, supporting 'older' fintechs that sowed the seeds for the fintech hub and what outsiders think about the small country with big ambitions and why some of them are relocating to the picturesque nation surrounded by major European economic players.

Luxembourg has managed to attract major global players like Amazon and Alipay, has considerable global ambitions and that's just scratching the surface. It seems as though David has managed to take on Goliath in this situation and Luxembourg is well on its way to becoming a global fintech powerhouse with the ecosystem they've managed to put in place.

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Alberto Dalmasso, Luc Falempin, Nasir Zubairi, Pierre Gramegna, and Susanne Schartz.

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This week we have some great stories for you as David and Jason are joined by two great guests:

Caroline Plumb, CEO of Fluidly
Simon Balmain, Operations and Community Specialist at Monzo

We kick off the episode by taking a look at WorldPay selling to FIS and changing its tech stack. The group comments that it's not a modern way to approach tech stack spending, it's an oldschool way of doing things and 600M is a large amount to spend over 6 years to maintain technology (02:36).

Next up, we talk about Barclaycard bringing Alipay payments to UK retailers. There are some suggestions that this could mark the beginning of the end from the panel but they also wonder who the first adopter will be and Jason, for one, welcomes our new overlords (08:52).

We spoke to Tao Tao, Alipay's Business Development Director to find out more (13:15).

We also talk to our 11:FS Americas MD Sam Maule to get a US insight into why 21% of Americans have no savings (:).

Other stories include:

21% of Americans have no savings
Grab grabs more market share in SE Asia
SC’s startup bridge
Female-focused crowd-funding from NatWest
And finally, a German bank lets clients vote on dress code

All this and so much more on today's show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Caroline Plumb, Simon Balmain, and Tao Tao.

Links:

WorldPay payments firm in $43bn sale to US rival - BBC News
Worldpay becomes first acquirer to enable Amazon Pay
Barclaycard brings Alipay payments to UK retailers – FinTech Futures
UK embraces contactless payments
Most Americans live paycheck to paycheck
Grab maps out new product lines
Standard Chartered builds Fintech Bridge to matchmake with startups
NatWest launches female-only crowdfunding programme

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Benoit Legrand is CIO of ING.

Simon talks to Benoit about his unsuccessful startup experiences and what they taught him, how ING sees itself as a 20 year old fintech, why some banks are afraid of PSD2 and how to focus on the problems customers are facing.

They also take a look at Yolt, developing resistence to change and the importance of having a team dedicated to delivering change, why the scale of partnerships matter and touch on Brexit.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Alex Woodhouse

Special Guest: Benoit Legrand.

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This week we have some great stories for you as Sarah and Simon are joined by a couple of great guests:

Daniel Hegarty, CEO of Habito
Sharon O’Dea, founder of communications and collaboration consultancy Lithos Partners

We kick off the episode by taking a look at the RBS trials for a biometric fingerprint bank card. Sarah thinks it's not a terrible idea and a potential solution to upcoming Strong Customer Authentication (SCA) demands. But Simon and Daniel disagree. Simon thinks the whole thing is a gimmick and customers deserve a better UX whereas Daniel just can't see any good use cases for fingerprint cards (01:50).

Next up, we talk about Bank of England telling VISA Europe to hire PwC after the 2018 outage. Simon reckons that having more eyes looking at the problem can only be a good thing while the outages problem rumbles on, Sharon agrees and comments that VISA's outage was a human error issue but there's a need to look at why that error could occur in the first place (08:36).

We also have an interview with Nick Cook to find out more about the FCA appointing its first Director of Innovation.

Other stories include:

UK cash on verge of collapse
Instant transfers in the US via PayPal and JPMC
British Bank Awards - fintechs won big against incumbents
Tide to raise funds to match the remedies fund payout
eBay founder’s fintech fund for global financial inclusion
And finally, Japanese Banks Will Finally Stop Using a Piece of 1800s Technology

All this and much much more on this week's news show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Daniel Hegarty, Nick Cook, and Sharon O'Dea.

Links:

RBS trials biometric fingerprint bank card - BBC News
Bank of England tells Visa Europe to hire PwC after 2018 outage - Finance - iTnews
UK cash system ‘on the verge of collapse’, report finds | Money | The Guardian
PayPal now lets US users instantly transfer funds to bank accounts in seconds | TechCrunch
Smartphone challengers Starling and Monzo the big winners at the British Bank Awards | Daily Mail Online

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David Duffy is the CEO of CYBG.

Simon talks to David about CYBG's recent acquisition of Virgin Money, how the challenger narrative is shifting and why integrating a challenger brand into CYBG's existing services might be easier than industry commentators believe.

They also take a look at Brexit, the future of the industry, how fintech and banks can partner together and what role the big tech platforms can play.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Alex Woodhouse

Special Guest: David Duffy.

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This week we have some great stories for you as Sarah and Simon are joined by three great guests:

Mel Palmer, CMO Exo Investing
Matt Valentine, Barclays UK Ventures
Ali Paterson, Editor in Chief, Fintech Finance

We kick off the episode by taking a look at some of the problems Revolut have been suffering from lately and the culture issues that are on-going. The general consensus is that response from Revolut has been tone-deaf at best and a great product is being lost to reputational issues, although Sarah disagrees that a product is still good if it's proven to be unlawful. The story is just the gift that keeps on giving (01:38).

Next up, we talk about the Women in Fin Powerlist 2019 featuring two of our very oen 11:FS staff. It came out just in time for International Women's Day. Launched in 2015, the Women in FinTech Powerlist has increasingly attracted a global audience and an unprecedented number of nominations and applications. We take a look at if these lists shine a light on the issues or if it's just political and there are some interesting discussions around who's actually appearing on these lists (08:04).

Other stories include:

Bank of Ireland’s multi billion euro tech bill
AI is a non-starter for 40% of startups
Facebook’s cryptocoin
Grab gobbles $1.4 billion investment to build super app
Chime rounds out epic new fundraising round
Nationwide wants in on core banking
And finally, Goldman Sachs is loosening its dress code

All this and much much more on this week's news show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Ali Paterson, Matt Valentine, and Mel Palmer.

Links:

Let me set the record straight
Revolut's culture: the past, present and the future
Julie on Twitter: "What the actual fuck?! ”help me not get fired” #Revolut… "
Innovate Finance Publishes Women in FinTech Powerlist 2018 - Innovate Finance – The Voice of Global FinTech
Bank of Ireland bosses fight to rein in tech bill | Ireland | The Sunday Times
Nearly Half Of All ‘AI Startups’ Are Cashing In On Hype

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Coinciding with International Women's Day, Sarah is hosting an episode that shines a spotlight on the financial industry's documented lack of equality and many headlines are made of the gender pay gap and many other negative aspects. But it’s not all doom and gloom.

Our roundtable goes over a wide range of topics, looking at their personal experiences as women in financial services, the gender (im)balance at work, what's changed in the industry, differences in gender equality at incumbents and fintechs, how STEM can attract more women, careers advice and so much more.

They also talk about approaches to work, mentorships, imposter syndrome, salary expectations and share experiences and advice that apply to everyone.

We have some brilliant guests, including:

Emma Lindley, VP at VISA and Co-Founder of Women in Identity
Val Kristensen, Director of Comms at OakNorth
Livia Benisty, Head of Financial Crime at ComplyAdvantage
Shafali Gupta, VP Strategy & Operations at Fluidly
Diana Parades, CEO of Suade Labs

Our Senior Producer Laura Watkins also interviews Megan Caywood, now Head of Digital Strategy at Barclays and formerly Chief Platform Officer at Starling Bank to get her unique perspective on similar issues.

We hope you enjoy the show and, as ever, don't forget to subscribe!

Want to join the conversation on all the topics discussed? Tweet the show @fintechinsiders and if you really love the show, please leave us a review on iTunes.

This episode was made thanks to Senior Producer Laura Watkins and edited by Audio Engineer Alex Woodhouse.

Special Guests: Diana Paredes, Emma Lindley, Livia Benisty, Megan Caywood, Shafali Gupta, and Valentina Kristensen.

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This week we have some great stories for you as David and Sarah are joined by four great guests:

Nick Bortot, CEO of Bux
Max Rofagha, CEO of Finimize
Nicholas Megaw, Retail Banking correspondent at the FT
Damian Richardson, Head of Product, New Digital Customer Propositions, Services at NatWest

We kick off the episode with a close look at the winners of the RBS Remedies fund announced last week and wonder why some were snubbed. Max Rofagha points out how anti-competitive the awards were but it remains to be seen if this continues through the the rest of the fund pools available. TSB may have lost out but as Sarah says, TSB have bigger problems than missing out on a fund. And in a quick throwback to last week's news episode, Tom Blomfeld CEO of Monzo was correct to predict that Starling would win the £100M (03:19).

Next up we take a look at Goldman Sachs' move into the credit card market with Apple. David notes that a big technology company moving into banking has been the incumbent banks biggest fear for quite some time. Sarah asks if this move could spell the end of the Marcus brand with co-branding alongside ApplePay. Sarah thinks it's been a long time coming considering some of the moves Goldman Sachs has been making over the past few months, the decision to partner with Apple suggests that Goldman Sachs wants to target Apple's demographic and payment network (10:25).

Later on in the show we spoke Norris Koppel, CEO of Monese to find out more about the partnership with Avios (56:07).

Sponsored By:

AWS: Deliver innovative customer experiences, accelerate your time to market, and enable digital transformation with Amazon Web Services.

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This week we have some huge stories for you as Sam's joined by:

Teana Baker-Taylor, Exec Director and Board Member, Global Digital Finance
Alexa Fernandez, Open Innovation & Ecosystem Builder at BBVA
Joaquin Ayuso de Paul, CEO of Denizen
Mark Meisner, CEO of Gen6 Ventures

We kick off the show for a US perspective on the super merger that broke on last week's show. Two of the US’ biggest banks merge to become a super bank, as BB&T buy SunTrust for $28BN in stock. It's a phenomenal merger and every one of our guests has a unique take on the story. The banks are 'super-regional' which just means they're not one of the top five in the USA. They still each have assets of over $200BN. It'll make the new bank the sixth largest bank in the USA with $442BN in assets $301BN in loans and $324BN in deposits. 3100 of their branches are within 20 feet of each other (03:10).

You can watch the YouTube video of our panel discussing the story here.

Next up the US group discuss Chime's incredible acquisition of 10K accounts in a day, starting with a great question from Teana Baker-Taylor on whether digital banks in the US really have different regulations compared to traditional banks. We actually gave them an 11:FS Pulse award for Best US disruptor before this happened, we're geniuses. We take a look at how the UK challengers are eyeing up the USA and how the outage with Wells Fargo was one of the best advertising campaigns for Chime (15:00).

Other stories include:

Plaid now goes Nationwide - the fintech's now supporting Auth for every bank and credit union in the US
Venture Capital investment into fintech companies rose to approximately $31BN in 2018
Revolut's marketing woes continue as the ASA is set to probe the 'spoof' takeaway ad campaign
OakNorth aims to put down roots in the US after new investment from Japanese mega-investor Softbank. We also have further insight on this story from OakNorth CEO Rishi Khosla
Mastercard's new groove with Linkin Park. The payments infrastructure and processor company is heading to the Grammys and Brit Awards to debut the audio cue for its new sonic brand identity

All this and much much more on this week's news show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Alexa Fernandez, Joaquin Ayuso de Paul, Mark Meisner, Rishi Khosla, and Teana Baker-Taylor.

Links:

SunTrust and BB&T are merging — here’s what customers need to know - MarketWatch
Chime adds record number of accounts after Wells Fargo outage - Business Insider
Plaid - Blog

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Can you feel the #digitallove?

We certainly could at the first After Dark of 2019.

Just one day before Valentine's Day over 200 of finances' finest entered the tower of One Canada Square in Canary Wharf. Set high above the city of London at Level 39, it was standing room only for a show that sold out in six hours. Before we started the show with our first fin-couple, a rebearded David kicked off support for the 11:FS charity of 2019, Mind. Text GIVI88 to 70070 with your chosen amount to donate.

Our first pairing on stage were, Tom Davenport, Head of Strategic Partnerships at MarketInvoice and Ian Rand, CEO of Business Banking, Barclays. Ready and eager to go through their nascent relationship with 11:FS' very own Sarah Kocianski. The couple took us through just how deep their integration really is, who's giving and who's taking and the tensions they're concerned about for the future. We also have some great Hollywood-style couple names for the iconic pairing...could BarketInvoice be advertising in the near future?

Roving reporter Ross Gallagher, aka the Terry Wogan of fintech, was walking through the crowd after each couple to hear questions from the audience and bringing his trademark charm to the event.

The next fin-couple on the stage have been together for a little longer, they're past the honemoon phase and they're into the real work of a relationship. Josh Bottomley, Global Head of Digital at HSBC and Ed Maslaveckas, CEO of Bud get on stage and are joined by host Jason Bates. 18 months into the relationship and it's safe to say that they're deep into the realities of the relationship. It's not a simple client/vendor relationship like ones they may have had in the past. It's real. Our second couple explain what they got upto before the settled down, why they picked each other and how their relationship is working out so far.

What would digital love be without a bachelor on stage? Representing BBVA we have Derek White, the Global Head of Client Solutions flying solo all the way from Madrid. Derek does a great job sidestepping any awkwardness with his ex in the room and tells us all about the relationships the spanish bank's had with guiding so many fintechs and how happy he is to be back in London - in his opinion the fintech capital of the world. Derek tells us what happens when partnerships don't work out, if having a scattergun approach works and how all BBVA's partners get enough attention.

For our final couple we're bringing on a couple near and dear to our hearts. Rasmus Figenschou, Group Executive Vice President at DNB and Leda Glyptis, CEO of 11:FS Foundry. The pair take us through who DNB flirted with partnering before choosing 11:FS, how DNB had to evolve and change in order to secure a partnership with a fintech like 11:FS and how having a long-distance relationship (international) impacts, hurts, or helps the collaboration.

A huge thankyou to everyone who came out to the show and made it such a great event. We can't wait to see you at our next After Dark! Details on that will be coming out real soon so be sure to sign up to the 11:FS newsletter and follow us on social media.

We hope you enjoy the show and, as ever, don't forget to subscribe!

Want to join the conversation on all the topics discussed? Tweet the show @fintechinsiders and if you really love the show, please leave us a review on iTunes.

This episode was produced by Laura Watkins. Edited by Alex Woodhouse.

Special Guests: Derek White, Ed Maslaveckas, Ian Rand, Josh Bottomley, Rasmus Figenschou, and Tom Davenport.

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This week we have some massive stories for you as David and Simon are joined by:

Mel Palmer, CMO at Exo Investing
Saumeel Pachigar, Head of Partnerships at acasa
Viktor Nebehaj, CMO at Freetrade
Iona Bain, Author, speaker, commentator at Young Money blog

We couldn't NOT kick off with the story causing the most noise this week, and we were lucky enough to have Iona join us on the show to give us her perspective. Of course we're talking about THOSE Revolut-ionary Valentine's day tube adverts that caused a Twitterstorm (02:52).

We followed that with some breaking news from across the pod as 2 of the US’ biggest banks merge to become a super bank, as BB&T buy SunTrust for $28 BILLION in stock (18:50).

Other stories included:

Amex and Curve’s bust-up as Amex blocks access to Curve, 36 hours after reinstating it.
Australian banks may face criminal charges after final royal commission report into their malpractice to try and clean up the sector, and naturally we had to ask our Aussie banking aficianado, Sarah Kocianski for her thoughts on this story.
We round up the week's biggest funding raises
David's favourite story of the year had to be our "and finally" this week as a man in a bank in Sao Paulo turned up to work for his last day in a full Spiderman costume, as you do.

All this and much much more on this week's news show.

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Edward Maslaveckas , Iona Bain, Mel Palmer, Saumeel Pachigar, and Viktor Nebehaj.

Links:

Backlash over 'single-shaming' banking ad - BBC News
BB&T and Suntrust to combine in an all-stock merger of $66 billion
Amex blocks Curve as the fintech startup vows to fight ‘anti-competitive’ decision | TechCrunch
Banks may face criminal charges after final royal commission report | Australia news | The Guardian
Metro Bank hit by cyber attack used to empty customer accounts
London fintech startup Bud banks $20m from HSBC, Goldman Sachs, Lord Fink, ANZ, Investec and Banco Sabadell | City A.M.

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There's no question about the impact finances have on mental health and with today being Time to Talk Day (7th February) we wanted to take a closer look at how finance interacts with the mental health problems that affect 1 in 4 of us. Time to Talk Day wants to break down the stigmas around mental health and get people talking more openly about it.

Sarah's joined by Katie Evans, Head of Research and Policy, Money and Mental Health Policy Institute, Joe Surtees, Policy Manager at the Single Financial Guidance Body and James Nicholson, Engineer at Monzo to discuss why money's such a taboo subject in everyday discussion, spending for stress and whether technology can solve the problem or if it'll just exacerbate it. The group also discuss positive friction, the trap of frictionless finance those who struggle with spending and the reality that some people will simply never have enough money for their needs.

We take a look at these issues and many more on this week's episode of Fintech Insider.

We hope you enjoy the show and, as ever, don't forget to subscribe!

Want to join the conversation on all the topics discussed? Tweet the show @fintechinsiders and if you really love the show, please leave us a review on iTunes.

This episode was produced by Laura Watkins. Edited by Alex Woodhouse.

Special Guests: James Nicholson, Joe Surtees, and Katie Evans.

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Our hosts David, Simon and Sarah are joined by Oscar Williams-Grut, Senior City Correspondent at Yahoo Finance, Valentina Kristensen, Director, Growth and Communications at Oak North and Livia Benisty, Head of Financial Crime at Mimiro.

First up, China launches an app to dob in debt 04:01

Lloyds unveils 100% mortgage for first-time buyers 10:32

TrueLayer launches Open Banking-based payments API 20:27

FCA launches GFIN 27:37

We spoke to Anna Wallace from the FCA to tell us more 33:37

11:FS AMA with a question on which fintech has the best approach to building a banking marketplace 38:41

Stripe raises $100m at $22.5bn valuation 46:49

We spoke to Andy Challis, MD Principal Investments, and John Stecher, CIO at Barclays to give us insight into Barclays supersized accelerator 53:51

Barclays supersizes New York accelerator 56:30

Chief Innovation Officer, Neal Cross Bids Farewell to DBS Bank in Heartfelt Post 57:45

And Finally, HSBC launches ‘sound identity’ in next phase of global brand refresh 1:00:07

We spoke to VaynerMedia’s Patrick Givens, Head of VaynerSmart - to give us an expert’s perspective 1:03:25

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders on Twitter

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Andy Challis, Anna Wallace, John Stecher, Livia Benisty, Oscar Williams-Grut, Patrick Givens, and Valentina Kristensen.

Links:

China launches app encouraging users to identify and report ‘deadbeat’ debtors | The Independent
Lloyds unveils 100% mortgage for first-time buyers | Money | The Guardian
TrueLayer launches Open Banking-based payments API
GFIN | FCA
Stripe raises $100m at $22.5bn valuation
Barclays supersizes New York accelerator
Chief Innovation Officer, Neal Cross Bids Farewell to DBS Bank in Heartfelt Post | Fintech Singapore
HSBC launches ‘sound identity’ in next phase of global brand refresh

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Michael Rouse is the CCO of Klarna.

David talks to Michael about avoiding the trap of copying others, partnering with a brand as unique as Snoop Dogg's, and the evolution of payments in a broad sense, beyond simply moving money into a service and discovering the new areas of innovation.

They also look at how to become both big and fast in the space and how that is born from creating a culture that allows people in the company to act autonomously. Michael talks about how empowering the leaders of Klarna's teams to think of it as running a business has been part of its success.

Klarna has managed to keep the entrepreneurial spark it started with nearly 14 years ago. Operating in the world of e-commerce and point of sale financing, Klarna is born out of the buy-now pay-later category and started in Sweden. Now they're operating in 18 geographies and around 60M consumers have used its product.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Alex Woodhouse

Special Guest: Michael Rouse.

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Our hosts David, Jason and Sarah are joined by Daniel Macklin, Co-founder of So-Fi, board member and Angel Investor, Daniel Lowther, Head of FinTech at CCgroup and Freddy Kelly CEO of Credit Kudos.

First up, Snoop Dogg Invests In Klarna, Sweden's $2.5 Billion Unicorn 02:49

We've also got a great cutaway from Aoife Houlihan, VP Communications and Public Policy at Klarna to tell us more about the partnership 11:16

Square launches debit card for businesses 15:04

Google hit with £44m GDPR fine over ads 20:10

Alipay awarded e-money licence in Luxembourg 25:25

11:FS AMA with a question on if the big 4 Australian banks are more engaging than Monzo 39:30

Aussie digital bank Xinja makes crowdfunding move 45:11

Aussie digital bank Volt wins banking licence 48:30

Lloyds to cut costs with Thought Machine platform move 54:20

And Finally, Church of England: Contactless collection payments trialled 1:03:38

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Aoife Houlihan, Daniel Lowther, Dan Macklin, and Freddy Kelly.

Links:

Exclusive: Snoop Dogg Invests In Klarna, Sweden's $2.5 Billion Unicorn
Square launches debit card for businesses
Google hit with £44m GDPR fine over ads - BBC News
Alipay awarded e-money licence in Luxembourg
Aussie digital bank Xinja makes crowdfunding move
Australia's Volt Bank wins banking licence
Lloyds to cut costs with Thought Machine platform move – FinTech Futures
Church of England: Contactless collection payments trialled - BBC News

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Reuben Lai is Senior Managing Director of Grab Financial Group.

Simon talks to Reuben about making taxis safe, opening bank accounts for those used to relying on a cash-first economy and how Grab Financial Group rose so high in the markets so fast.

Reuben talks about how Grab Financial worked to turn one of the least safe industries in Malaysia into reputable and safe service through fintech, removing the cash element of transactions to improve standards and ensure customers know what they're getting.

Grab Financial Group has had off the charts levels of hypergrowth - at only six years old the fintech is now operating in eight countries and 336 cities. Simon and Reuben go over Grab's expansion across South East Asia, the problems of entering a new market, convincing customers to move away from cash and using financial inclusion to encourage opportunities for a swathe of micro-entrepreneurs and consumers.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Alex Woodhouse

Special Guest: Reuben Lai.

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Our hosts Ross and Sarah are joined by Lianna Brinded, Head of Yahoo Finance UK at Yahoo, Lucy Woolfenden, Marketing Director at Yolt and Wincie Wong, Head of Innovation for Supply Chain Services at RBS.

First up, Fiserv to acquire First Data in all-stock deal with equity value of $22 billion 01:38

We spoke to 11:FS Managing Director of the Americas, Sam Maule to get his perspective on the Fiserv story 08:13

Atom Bank hires advisers ahead of potential Spanish bid 10:56

AccessPay banks $9 million in new funding as VCs hit the North 18:36

We interviewed Anish Kapoor, CEO of AccessPay to get a bit more insight 22:32

Digital bank Tandem eyes IPO as customer numbers continue to surge 24:46

Challenger Bank Tide Joins With ClearBank To Bid For RBS Fund 28:23

11:FS AMA on geographical markets and fintech hotspots 35:58

Fintech firms want to shake up banking, and that worries the Fed 40:23

Peter Thiel Wants To Give Wall Street a Fright 47:57

We got a bit more insight from Sam Maule 52:18

Swift introduces Pay Later API for instant loan financing 55:08

And Finally, Greggs go vegan and gets a boost from millennials 1:02:04

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Anish Kapoor, Lianna Brinded, Lucy Woolfenden, and Wincie Wong.

Links:

Fiserv to acquire First Data in all-stock deal with equity value of $22 billion - MarketWatch
Atom Bank hires advisers ahead of potential Spanish bid
AccessPay banks $9 million in new funding as VCs hit the North
Digital bank Tandem eyes IPO as customer numbers continue to surge
Morningstar
Challenger Bank Tide Joins With ClearBank To Bid... | Morningstar
Fintech firms want to shake up banking, and that worries the Fed | Reuters

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Steve Bartlett is an entrepreneur and Founder of Social Chain.

David talks to Steve about technological curves, disrupting the mobile phone, building brand love and the power of being transparent.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Alex Woodhouse

Special Guest: Steve Bartlett.

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Our hosts David, Jason and Leda are joined by Jeppe Rindom, CEO of Pleo, Saalim Chowdhury, Partner at 500 Startups and Simon Vans-Colina, Engineer at Monzo.

First up, RBS takes stake in student-focused fintech 02:22

Google gets go-ahead from Central Bank for payments 08:52

Two-Thirds of Financial Decision-Makers Believe Tech Giants Will Offer Retail Banking in Five Years 13:29

Logging In to Your Bank Account Is Now a $3 Billion Business 15:25

Our Open Banking expert, Adam Davis had a few minutes to bring a little more insight 22:09

Starling eyes France and Germany 24:43

We also have an AMA with an intriguing three part question from a listener at Microsoft 34:55

At last, US banks are introducing contactless cards 52:09

New challenger bank on UK scene, Chetwood Financial 56:32

We have a great interview with Chetwood Financial COO, Mark Jenkinson to find out more 57:53

And finally, UK start-up Viola Black tunes in with account launch 1:05:54

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Adam Davis, Leda Glyptis, Mark Jenkinson, Saalim Chowdhury, and Simon Vans-Colina.

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Howard Marks is Co-Founder and CEO of StartEngine with a long history in the gaming industry, he co-founded Activision and founded Acclaim, and has unique expertise in innovating within echnological limitations, turning around failing businesses and raising capital.

Simon talks to Howard about how to help entrepreneurs achieve their dreams and the difficulties of raising capital unless you bootstrap the business. Howard wanted to solve the problems entrepreneurs face in raising funding, especially when entrepreneurs don't fit the young straight white male stereotype that VCs typically see.

Howard Marks believes crowdfunding is the future of finance and he realised that the public want to be able to invest in companies they support. For a long time it's felt like the system was rigged for the rich to get richer and now regular people have a way to access companies in a similar way.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Alex Woodhouse

Special Guest: Howard Marks.

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Our hosts Simon and Adam are joined by Emily Nicolle, Technology Reporter at City AM and Valentina Kristensen, Director of Growth and Comms at OakNorth.

First up, Starling Bank reviewing data policy after customer complains his passport was shared in a web link 01:41

2019 looks to continue another lights-out year for fintech startups 06:51

Google just nabbed an e-money license and it highlights the serious threat tech companies pose to incumbent banks 13:05

Microsoft Partners With Fintech Startup ZestFinance To Bring Transparency To AI-Powered Financial Models 20:22

Ant Financial in talks to buy WorldFirst 31:06

Chinese ride-hailing app Didi Chuxing expands into fintech as driver regulation rears its head 36:31

Denmark shakes up watchdog after Danske Bank scandal 41:58

We also have a great interview with Sian Lewin to give us a bit more insight 43:29

Israeli law restricting use of cash goes into effect 50:34

And Finally, the bank that watches your every move 55:48

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Adam Davis, Emily Nicolle, Sian Lewin, and Valentina Kristensen.

Links:

Starling Bank reviewing data policy after customer complains his passport was shared in a web link
2019 looks to continue another lights-out year for fintech startups | TechCrunch
Google secures e-money license from Lithuania - Business Insider
Microsoft Partners With Fintech Startup ZestFinance To Bring Transparency To AI-Powered Financial Models
Ant Financial in talks to buy WorldFirst

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Bart Leurs is Chief Digital Transformation Officer of Rabobank, he joined the company two years ago to drive its fintech innovation and came from ING where he headed up its digital transformation.

Jeff and Bart talk about scaling up to a full fledged digital bank in the retail market, what it's like to be a part of an industry shift, what digital transformation means to Rabo Bank, why customers are driving the change in digital and why the meta of digital is going to disappear.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Alex Woodhouse

Special Guests: Bart Leurs and Jeff Tijssen.

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Happy New Year's Eve to all of our listeners. To give you one last fintech laugh before the end of the year we've got a quick collection of the stumbles, fumbles and absurdly mispronounced names from all the recordings this year. The stuff that doesn't usually make it in.

We hope you have a great celebration tonight and can't wait to see you for even more fintech goodness in the new year!

Produced by Laura Watkins. Edited by Alex Woodhouse.

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We've got a roundtable of some of the most beloved fintech podcast hosts there are. They're all ours. Sarah's takes David, Simon, Jason, Ross and Leda through what we think's going to happen in fintech in 2019.

We look back at some of our favourite moments that happened in fintech this year, before taking a look at some of the things we're most excited about for 2019.

This includes: how big banks are changing, creating their own digital challengers, consolidation in the challenger market and the back office getting a lot more exciting.

All this and so much more on this week's episode of Fintech Insider.

We hope you enjoy the show and, as ever, don't forget to subscribe!

Want to join the conversation on all the topics discussed? Tweet the show @fintechinsiders and if you really love the show, please leave us a review on iTunes.

This episode was produced by Laura Watkins. Edited by Alex Woodhouse.

Special Guest: Leda Glyptis.

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You might’ve seen on Twitter we’ve been running an advent calendar of the 11 Days of Christmas, with our top things from across fintech and banking in the last year.

Today we’re going to take a deep dive on those:

Open Banking. The initiative launched almost exactly a year ago on 13th January and it's not exactly an overnight success. The CMA9 were not ready, but fintechs and FS providers welcomed it. We take a look at how far we have come since it began.

We take a look at GDPR, if anyone was ready, how successful it's been and what effect it'll start to have in 2019 and if the acclimatisation period is truly over.

2018 brought us a horde of fintech unicorns. We examine how it happened and what it means for investment in fintech for the future.

Borderless accounts. Transferwise borderless bank accounts launched back in April, allowing customers to “bank like a local” in multiple currencies. Revolut are also competing in this market with their free international transfers, could this be the next area of innovation?

Mettle was launched in 2018! It's delivering forward-thinking banking for SMEs and it was launched by us with Natwest and Capco. SME’s have been long ignored in terms of FS innovation, 2018 saw the rise of SMB solutions, will this continue over to 2019?

Speedy, smooth onboarding processes. A huge shout out for Monzo, KBC and Onfido for seamless onboarding utilising technology to complete KYC checks smoothly and without effort or paperwork on the behalf of the customer. Finally onboarding is becoming painless, how will the bar be raised?

We also saw Monzo and Starling grant purchase blocking capabilities for gambling. It seems like fintechs are the ones leading the way in protecting customer welfare.

11:FS Foundry launched. The ability to bypass legacy infrastructure to deliver digitally-native propositions to scale and at speed is going to revolutionise banking and we're making it in partnership with DNB.

Good personal finance management tools finally came into play this year. Yolt, reached half a million customers in 2018. Spin off brands/features from incumbents, eg ING and Yolt now exist. Plus the rise of Venmo in the US means that PFM has changed for the better.

Monzo IFTTT. Monzo became the first bank to integrate IFTTT back in June. Engineer Simon Vans Colina gave us the exclusive with a demo of how it works. Users can move money between their account and savings pots according to any rule at all. Examples included a swear jar, £5 whenever someone goes for a run, a bonus when their favourite football team won. We love the limitless possibilities of what customers can do with their money.

Branding reached a new level and there were plenty of bizarre stories. Meowing cards, a rat with a taste for cash and so much more. This year has seen so many odd things happen. Let's hope that doesn't stop next year!

Produced by Laura Watkins. Edited by Alex Woodhouse.

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We discover what financial inclusion really is, what it really means, what financial health is and the reasons behind the wealth gap in the USA. We spoke to some of the best industry experts there are to get you the clearest picture:

John Hope Bryant, CEO of Operation Hope
Dr. Anita Ward, President of Operation Hope
Jennifer Tescher, founder of the Center for Financial Services Innovation
Isabelle Barrès, Vice President at the Center for Financial Inclusion at Accion and Global Director at the Smart Campaign
Ramona Ortega, founder of My Money My Future and also Entrepreneur in Residence with Azlo

This episode of Fintech Insider was written and produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Dr. Anita Ward, Isabelle Barres, Jennifer Tescher, John Hope Bryant, and Ramona Ortega.

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Our hosts Simon and Leda are joined by two great guests, Livia Benisty, Head of Financial Crime at ComplyAdvantage and Ryan Edwards-Pritchard, MD at Funding Options.

First up, Revolut’s brand new banking licence. British fintech unicorn Revolut wins banking licence. Revolut has secured a European banking licence from authorities in Lithuania, allowing them to start offering current accounts and loans across the EU from early next year. Initial focus on Lithuania, where it has about 150,000 customers, before expanding into larger markets including the UK, France and Poland later next year. However, its plans to offer full banking services in its home market could be delayed in the event of a disorderly Brexit if financial firms lose the right to serve retail customers on licences granted in the rest of the EU.

Barclays customers to switch off their spending. Barclays has become the first High Street bank to allow its customers to "switch off" certain types of spending on their debit cards. The idea is to help vulnerable customers, particularly problem gamblers, or those in serious debt. They can’t block specific retailers but all account holders can now block their own spending in a number of categories.

Fintech is changing how millennials manage debt. Fintech is moving millennials from credit cards to personal loans in the US. Compared to the previous generations, millennials are more likely to take out a personal loan to cover everyday costs, relying less heavily on credit cards as their predecessors. Fintech firms originated 36% of all personal loans last year, compared to less than 1 percent in 2010.

Metro payments go international. Metro Bank is adding international payments through personal and business accounts via its mobile app. The new service enables customers to make same day Swift and next day SEPA (Single Euro Payments Area) payments in Euros, US dollars and Sterling. International payments are integrated alongside the app’s domestic payments functionality, and allows customers to choose whether they or the payee cover the charges.

We spoke to Alex Park, Metro Bank’s Director of Digital to tell us more about this, how it was a customer-led initiative, and what’s coming next.

HSBC Launches robo advisors. My Investment, an online platform designed to make wealth advice accessible to investors, will be available from as little as £1,000 to invest at an initial charge of 0.5% followed by fees of up to 0.46%.

HSBC estimates My Investment could be used by 2.87 million of its existing retail customers, including many who may not have considered wealth management an option in the past. Advice will be given based on investor's answers to questions about their finances, investment experience and appetite to risk.

Funding Options bags CMA prize. Business finance marketplace, Funding Options, has been announced as one of the winners of the second phase of Nesta’s ‘Open Up Challenge’ - one of only three companies to have won both stages of this challenge. The Open Up Challenge prize is part of a package of reforms from the Competition and Markets Authority designed to shake up retail banking.

Plaid to hit $2.65B valuation. $250M series C fundraising round led by Mary Meeker who will join the board. Other investors include Andreessen Horowitz, Goldman Sachs, Spark Capital and others. The platform allows companies to create financial services applications without having to hire their own team of engineers to build out a tool that connects apps to its users’ bank accounts. Plaid builds infrastructure that allows a consumer to interact with their bank account on the web through a number of third-party applications, like Venmo, Robinhood, Coinbase, Acorns and LendingClub.

SoftBank’s record breaking IPO. SoftBank Group Corp is set to raise 2.65 TRILLION yen ($23.5 billion) in Japan’s biggest-ever IPO. The share sale widely regarded as final

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In this week's insights show we're bringing you reindeer burgers, christmas trees and death metal. We've also got some great insight into the payments innovation taking place in Scandinavia, what the future of payments will look like and whether or not cash will be removed from society entirely.

We've got Finland, Iceland and Sweden represented this evening so there's a ton of local insight for you to enjoy. Our amazing guests include:

Kristian Luoma, Head of OP Labs at OP
Aoife Houlihan, VP of Communications at Klarna
Ásgeir Örn Ásgeirsson, CTO & co-founder, Meniga
Anthony Craufurd, Director, Venture and Startup Engagement at Visa Europe
Sami Honkonen, CEO and Founder of Tomorrow Tech

We also test your payments knowledge with some truly bizarre and interesting payment methods throughout history.

A big thank you to all our guests and an even bigger thank you to Kristian, Marjaana and the team at OP for bringing us back to Helsinki for a second year in a row! Slush After Parties are always amazing and we had a fantastic time.

Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins. Recorded and edited by Michael Bailey and Alex Woodhouse.

Special Guests: Anthony Craufurd, Aoife Houlihan, Ásgeir Örn Ásgeirsson, Kristian Luoma, and Sami Honkonen.

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Simon's with the founder and creator of Ethereum, one of the largest cryptocurrencies, Vitalik Buterin to talk about the future and enterprise capabilities of DLT, blockchain and Ethereum. And just what are zero-knowledge proofs?

Here's a little sneak preview on what happened.

Listen to the full interview on Thursday 13th December over on Blockchain Insider - bi.11fs.com

Special Guest: Vitalik Buterin.

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Our hosts Simon and Ryan are joined by Menno van Leeuwen, Head of Business & Customer Development at Moneyou, Guy Stiebel, VP Products at SCANOVATE and Paul Stamper, Head of Financial Services, Ipsos MORI.

First up, all the misinformation in the world. Monzo attacked for lending customers money to buy its shares. Monzo, has been accused of “going beyond the pale” by allowing its customers to get into debt to buy its shares. As discussed on last week’s show, Monzo is aiming to raise £20 million through crowdfunding. The prospectus shows that it will allow eligible customers to go overdrawn by up to £1,000 to buy shares.

Brexcellent preparations. As things stand regarding Brexit, banks and others will need bases in the EU27. Danièle Nouy, the head of the supervisory arm of the European Central Bank (ECB), said recently that 37 firms, including 25 banks, had secured new or improved licences or were close to doing so. ECB is insisting that banks set up more than mere “empty shells” and wants banks to avoid being “overly reliant” on “back-to-back” hedging strategies.

Scoring, for generation rent. Rental payments now show on your Experian Credit Report. Experian Credit Reports now include the rental payment information of more than 1.2 million tenants from across the UK. Adding rental data to credit reports means 45% more tenants will be able prove their identity online and are more likely to have increased access to financial products.

Licence to bank. P2P lender Zopa granted full UK banking licence. Zopa, the 13-year-old peer-to-peer lender, has become the first of its kind to be awarded a full UK banking licence. The new bank will allow Zopa to increase its offerings with a new fixed-term savings account and credit card. Also expected to roll out a new money management app.

We spoke to Zopa CEO Jaidev Janardana to get a closer look at what their plans are now they have a full UK banking licence.

Line into banking. Line crosses into banking with Mizuho tie-up. Line will launch digital banking services by 2020 in collaboration with Mizuho Financial Group, aiming to break into the sector using its domestic user base of 78 million.

Initially, the venture with Mizuho will let users remit small sums by smartphone and offer small loans for that purpose.

We spoke to our very own APAC insider, Brandon Chung to get more of an insight into what this means.

Not quite 5 star service. Card details at risk in massive Marriott data breach. The details of millions of payment cards may have been exposed in a hack on hotel giant Marriott affecting 500 million guests. Guest reservations database of its Starwood unit has been compromised since 2014. For 327 million, the compromised information includes some combination of name, mailing address, phone number, email address, passport number, date of birth, gender, arrival and departure information, reservation date, and communication preferences.

Contactless charity. London installs network of contactless donation points to help the homeless. Londoners can now make contactless donations to homelessness charities through a network of terminals across the city. The TAP donation points have so far been installed in 35 locations across London, with more than 90 to appear across the capital this winter. Each tap of the card on the terminal deducts a £3 donation, which will be split between the 22 charities comprising the London Homeless Charities Group.

And Finally…

A rat’s gotta eat. A rat broke into an ATM, ate nearly $20,000 worth of cash, died. A rat in Assam state, India, squeezed its way inside an ATM machine, consumed and destroyed $17,662 worth of Rupees, and promptly died. When technicians attended the ATM they found looked like the contents of a paper shredder, with the rat already dead and buried within the mountain of minced up money. No foul play is suspected.

All this and so much more on

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In this week's insights show we're bringing you a deep discussion on what's happening in the regtech space.

We have some brilliant experts to take on these issues including:

Jason Boud, CEO of Regtech associates
Diana Paredes, CEO + Co-founder Suade Labs
Nick Cook, Head of Regtech & Advanced Analytics FCA
Nas Ahmed, General Counsel, 11:FS

Our roundtable talks about what regtech is solving for, the costs of compliance and risk, what hurdles exist to the adoption of regtech by big financial institutions, technological problems that the big institutions face, how to overcome them and how involved regulators should be in setting the agenda.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts on Twitter @FintechInsiders

This week's episode was produced by Petrit Berisha. Edited by Alex Woodhouse.

Special Guests: Diana Paredes, Jason Boud, Nas Ahmed, and Nick Cook.

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Our hosts Sarah and Simon are joined by Emily Nicolle, Technology Reporter at CityAM, Valentina Kristensen, Director of Growth & Comms at OakNorth and Sophie Winwood, Investment Associate at Anthemis Group.

First up, Show me the money! Monzo are crowdfunding for the last chunk of its series E fundraising round. Fundraising with a target of £20M. Existing Monzo investors will get early access to the round from 3 December. The round will then be opened up to other Monzo customers, who can invest up to £2,000. Previously have raised over £4M from two other crowdfunding rounds. Last round in 2016 broke record for fastest equity raise with £1M funded in 96 seconds. Emily wrote this story and has some great insights into what's going on.

We also have a great interview with Tristan Thomas, Monzo's Head of Marketing to get his thoughts on crowdfunding, why they're doing it now and much more.

Revolut head East as it obtains licenses in Japan and Singapore. The licenses from regulators in Japan and Singapore will enable it to operate in a similar fashion to its UK business through partnerships with local banks. Hoping to launch in the Asia Pacific region in Q1 2019, with over 50,000 users already on its waiting list. The JP and SG launch will happen ahead of the US launch, despite Revolut’s original plan to launch in the US inside 2018.

Diversity could always bolster funding...Swift Institute call for gender diversity in fintech. The SWIFT Institute, set up by SWIFT, funds independent research and is offering a €15,000 grant to increase gender diversity.

It wants proposals on “Securing the Future of the Financial Industry via Improved Gender Diversity”. Cites a 2017 McKinsey study - companies in the top quartile for gender diversity on their executive teams were 21% more likely to experience above-average profitability than companies in the fourth quartile. Nearly 3/4 of female millennials working in financial services believe that while their organisations talk about diversity, opportunities are not equal for all.

Investigating meltdowns. Bank IT failures investigated by Treasury Committee after series of meltdowns. The Treasury Select Committee will examine whether banks can prevent disturbances to services following on from the banking service outages earlier this year. It will look at the common causes of IT failures, how customers lose out and whether the BofE and FCA are able to hold the relevant people to account. Since Nicky Morgan became chair of the committee 16 months ago outages have occurred at Equifax, TSB, Visa, Barclays, Cashplus, RBS and others.

Skin in the game. MyBucks and Bibimoney are Sim-Skin kings of Africa. Frankfurt’s MyBucks and UK-based Bibimoney have launched a joint venture aimed at the African microloan market through SIM-Skin technology. Once attached to the SIM card, it enables the Bibimoney app to function on any mobile device (smart and feature phones) and includes an interoperable mobile wallet. The firms say the mobile wallet has full transactional capabilities and will also include functionality to apply for, obtain and repay microloans.

We speak to our resident African markets expert, LesleyAnn Vaughan to get her thoughts on this initiative.

Put it all on fintech. Where top US banks are betting on fintech. US banks are actively investing in fintech startups. To the end of November this year the top 11 US banks by assets participated in a total of 49 equity rounds to fintech startups. This compares to 19 in 2017 and 33 in 2016. Sometimes banks invest and partner with fintechs to further internal strategic goals. Strategic investing is a growing trend among banks in 2018, as many US banks have solidified their internal digital strategies and are now looking to execute.

That wasn’t on the public feed...Venmo payment fraud leads to $40M in losses. The losses occurred in the first three months of 2018 accordi

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In this week's insights show we're bringing you a deep discussion on what's happening in the Open Banking space. Our roundtable talks about the challenges involved in implementing the rules and regulations around Open Banking and takes a look at the thorny problem of getting customers to buy-in to Open Banking. We have some of the best guests around to help:

Adam Davis, Head of Delivery at 11:FS
Dan Globerson, Head of Open Banking at RBS
Faith Reynolds, Independent Consumer Representative for Open Banking
Sam Seaton, CEO at Moneyhub
Francesco Simoneski, CEO at Truelayer

We kick off the discussion by taking a look at just how hard it's been to implement the rules and regulations, the internal changes that compliance has caused and the costs involved. Then we move on to the toughest parts of the regulations and what about them is preventing positive user journeys and take a close look at how the payment journey, which is meant to be live now, has been affected.

We also talk about going beyond mandatory requirements, how open banking is about more than compliance and why customers haven't taken notice of Open Banking yet. In fact 72% of adults haven't even heard of it.

To finish off the panel takes a look at what's being done outside of Europe, how and if Brexit willhave any impact on the quality of products and services being offered by Open Banking and what we'll see happen in the near future.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts on Twitter @FintechInsiders

This week's episode was produced by Laura Watkins and edited by Alex Woodhouse.

Special Guests: Adam Davis, Dan Globerson, Faith Reynolds, Francesco Simoneschi, and Samantha Seaton.

Links:

Three quarters of Britons haven’t heard of open banking | YouGov

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Our hosts Simon and Leda are joined by Dave Cunningham, CEO of Priviti and Ryan Weeks, Editor at Altfi.

First up, Swiss banks raided by antitrust watchdog over mobile payment allegations. A group of Swiss banks are under investigation by the country's antitrust authorities over whether they boycotted mobile payment services from Apple and Samsung in order to improve the prospects of their own competitive offering called Twint. Offices at UBS, Credit Suisse, PostFinance, Swisscard AECS, and Aduno Holding, have been raided by Comco over allegations that they deliberately refused to release their debit cards for use by Apple Pay and Samsung Pay. Twint a mobile-payment app developed by Postfinance and used by the bank named in the complaint expressed "astonishment" at the watchdog's actions.

Tandem Bank strikes HK deal to launch digital banking in Asia. Tandem Bank is set to strike a deal with Hong Kong’s Convoy Global Holdings, as part of a plan to secure funding and launch one of the first digital banks in Hong Kong

Convoy is planning to take a £15m stake in Tandem, one of the first app-based banks in the UK, to become the digital lender’s second-largest shareholder, according to people close to the companies.

We can’t talk about Tandem and not do their stories in a pair. Tandem has also teamed up with Stripe to launch its new Auto Savings service. It lets customers set up rules to automatically move money from their current accounts with other providers to a savings account with Tandem. The feature’s available through Tandem’s banking app, aggregating financial data from across all of a user’s accounts to offer them personalized feedback on how they’re managing their money.

We spoke to Tandem CEO, Ricky Knox to tell us more about both of these stories.

People who use mobile fintech apps tend to make worse financial decisions. A study of mobile-payment using millennials (ages 18-34) in the US found they were less likely to be financially literate than others of the same age who didn’t pay for things with their phones. They were also more likely to make other bad financial decisions, according to research by the Global Financial Literacy Excellence Center at the George Washington School of Business. 1/4 of people who use their phones to track spending reported overdrawing their accounts, compared with 20% of those who didn’t use their phones for this.

Nationwide takes stake in Moneyhub. Nationwide Building Society is dipping into its £50M venture fund to take a minority stake in UK-based personal financial management app Moneyhub. Moneyhub is the third startup to benefit from the Nationwide fintech fund after acasa and Hazy. Moneyhub recently secured Payment Initiation Services Provider (PISP) authorisation by the FCA, the firm already operates as an Account Information Services Provider (AISP). The company also offers users a series of smart nudges that proactively alert consumers to overspending or better interest rate offers.

We spoke to Emma Huntington, Leader in Financial Services Strategy and Innovation at Nationwide to give us their perspective on this partnership. We also spoke to Sam Seaton, CEO of Moneyhub to get her thoughts on this investment as well.

Which? ranks highest and lowest banks of 2018. Which? surveyed thousands of current account customers and ask them to rate the service they receive and assigned each account a Which? Customer Score. Which? Then independently rate 40 providers to create a Product Score based on 38 different elements of bank accounts, including rewards, benefits, fees, charges and how users can operate the account.

AlipayHK wins bid to provide QR code payment solution for Hong Kong’s MTR. AlipayHK says it has won a bid to provide a QR code mobile payment solution for Hong Kong’s MTR railway system. Commuters will have the option of entering MTR stations by linking their AlipayHK account to

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In this week's insights show we're bringing you a supersized episode of the best content from Xerocon 2018. A conference like no other is their tagline and this proved to be true, as we bring you some of our highlights from our Xerocon 2018 experience.

First off, Sarah Kocianski sat down with some fantastic industry experts from across the world of SMB finance and accounting to get some great insights.

You will hear from:

Gary Turner - Co-founder and UK CEO, Xero
Sian Kelly - MD, Inform Accounting
Alexis Prenn - CEO, Receipt Bank
Will Farnell - Founder, Farnell Clarke
Christoph Rieche - CEO and Co-founder, iwoca
Jonathan Bareham - Cofounder and Director, Raedan
Caroline Plumb- CEO and founder, Fluidly

As if that wasn't enough we also hosted an extra special edition of Fintech Insider: Live from the Xerocon exhibition hall. Sarah and David were joined by some leading voices in this space to talk about bank feeds and APIs; automating payments; access to finance and even an attempt at telling some accounting jokes.

We were joined by:

Keri Gohman, Chief Platform Business Officer at Xero
Becca McClure, Director of Operations at BDO
Megan Caywood, Chief Platform Officer at Starling
Oliver Prill, CEO at Tide
Stuart Gregory, Head of Business at Transferwise
Pranav Sood, Director of International Expansion at GoCardless
Anil Stocker, CEO at MarketInvoice
Hannah Dawson, CEO at Futrli

A usual a big thanks to all our guests and an even bigger thanks to Xero for hosting us; Xerocon 2018 lived up to the hype and we hope you enjoyed our highlights!

Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

Special Guests: Alexis Prenn, Anil Stocker, Becca McClure, Caroline Plumb, Christoph Rieche, Gary Turner, Hannah Dawson, Jonathan Bareham, Keri Gohman , Megan Caywood, Oliver Prill, Pranav Sood, Sian Kelly, Stuart Gregory, and Will Farnell.

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Our hosts Simon and Jason are joined by three great guests: Joost Lobbes, Product Manager at Rabo Bank, and Diana Paredes, CEO of Suade Labs.

First up, CYBG cans Virgin Money deal with Anthony Jenkins startup. The new owner of Virgin Money has canned a long-term deal with a digital banking start-up launched by Anthony Jenkins, the former Barclays chief executive. Not entirely unexpected, since David Duffy, CYBG's chief executive, had hinted since securing a £1.6bn deal to buy the bank that it was likely to use its own technology platform. Confirmation that CYBG is ditching the 10x deal may deal a blow to Mr Jenkins, who has been in talks with investors for several months about a substantial new funding round for his venture. Virgin Money is understood to have committed tens of millions of pounds to creating a digital platform with 10x's support, and CYBG's decision to terminate the deal is likely to trigger a sizeable payment to 10x.

Fintech startup Revolut is in talks to raise $500M from Softbank. Several sources have told City A.M. that the deal is set to close early next year, as Revolut tries to launch its banking app in the US, one of fintech’s most notoriously hard to crack markets. Comes less than seven months since Revolut closed its last funding round at $250m, which valued the London startup at $1.7bn as a so-called unicorn company. Not known if previous backers such as Index Ventures, Draper Esprit and DST Global will sign on to this round. Softbank said earlier this year that it was looking to deploy around $200m into fintech from its $100bn Vision Fund, and was reported by Sky News to have explored a similar investment in UK challenger bank Oaknorth.

We spoke to Emily Nicolle, the author of this article for City AM to give us her thoughts on this story.

Digital bank Starling to roost on the high street. Digital bank Starling is heading to the high street, announcing a tie-up that will enable its personal and business customers to withdraw and deposit cash over the counter at all 11,500 Post Office branches nationwide. Despite falling cash use across the UK, the app-only challenger bank said it was responding to customer needs. “Our customers still want to pay in cash and take money out,” said Julian Sawyer, head of banking services at Starling Bank. “The Post Office has more outlets than all the other banks combined, so it became a very obvious channel to link up with.” The digital bank’s move to the high street comes as larger banks shift customers online, closing hundreds of high street bank branches and free-to-use cash machines in the process.

We caught up with Megan Caywood at Xerocon yesterday to tell us more about this announcement and what it means for their users.

Simple attracts Amazon exec as new CEO. US neo bank Simple has named a former Amazon executive as its new CEO, in a rare example of talent returning from Big Tech to the banking industry

We interviewed the Co-Founder of Simple Bank, Shamir Karkal in ep. 254. David Hijirida moved from Washington Mutual to help build Amazon’s online payments business in 2007 before acting as a director of AWS.

Hijirida takes over from Dickson Chu who was working as the interim chief executive of the bank after founding CEO Josh Reich who quit in May.

Fluidly raises £5M in Series A Funding. Fluidly is an applied AI business that combines machine learning and financial modelling to automate the forecasting and management of cashflow for SMEs. The £5m Series A funding round was led by New York-based fintech investor Nyca Partners. Existing investors Octopus Ventures, Anthemis and tech angels including Simon Murdoch and Charlie Songhurst also participated in the latest financing round.

We caught up with Fluidly CEO Caroline Plumb at Xerocon yesterday, to find out more about what this money will be used for.

Alibaba sets new Singles Day record with more than $30.8BN in sales

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We’re going to talk about digital wealth management and the new models and products that are emerging in this space, and the evolution of some others. We speak to a great line up of experts to get the inside information:

Adam Dodds, CEO of Freetrade
Dr. Ella Rabener - CMO & Co-Founder of Scalable Capital
Joe Parkin - Head of Wealth & Retail at Blackrock
Kai Eggert - Chief Product Officer at Huddlestock

We begin by discussing the much debated topic that is the democritization of investing. Is it ethical to let anyone invest their money? Our diverse panel had some interesting and varied answers!

Next, we discuss the educational aspect within this ecosystem. Whose responsibility is it to educate? Should governments & non-profits make information more accessible? Is it the role of the digital wealth management product to offer educational support? Or should it be schools, the actual education establishment themsleves that should help people understand the value of investment?

Moving on, we discuss retention. Do companies want daily interaction with the app? If so how is this done? And if not, how do you keep users interested. Many are disinterested in the idea of investing money, so how is that made more accessible? Is it the jargon at hand or the lack of understanding that often, this is a long term game?

Finally, we talk business models and the future of this space. How hard is it to differentiate yourself currently in this industry? How are these models and products catering for these different demographics? And perhaps most interestingly.....what's next for the wealth management industry?

All this and more on today's episode of Fintech insider.

If you liked what you heard, please subscribe and leave us a review!

Want to get involved in the conversation? Hit us up on @FinTechInsiders or podcasts@11fs.com

This episode was written and produced by Petrit Berisha. Edited by Alex Woodhouse.

Special Guests: Adam Dodds, Dr. Ella Rabener, Joe Parkin, and Kai Eggert.

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Sadly David didn't get to interview will.i.am himself. But Leda Glyptis, 11:FS Chief of Staff managed to catch up with the investor (and singer) to talk about Atom Bank, AI, financial inclusion and the future of finance.

This bonus episode was produced by Laura Watkins and Petrit Berisha. Edited by Michael Bailey.

Special Guests: Leda Glyptis and will.i.am.

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Our hosts, David M. Brear, Simon Taylor and Jason Bates are joined by two great guests, Sigridur Sigurdardottir, CEO of Asto and Ali Paterson from Fintech Finance.

First up, Lloyds is 'digitising'. Britain's biggest high street lender will this week announce plans to create 8,000 jobs as part of a £3bn transformation and technology investment programme. Lloyds Banking Group will announce on Tuesday that it is cutting around 6,000 existing roles but establishing approximately 8,000 new posts, leading to a net jobs creation figure of around 2,000. The 8,000 new roles‎ are understood to focus on areas of digital expansion including in the group transformation unit, reflecting the changes taking place across the banking industry.

We've got some great comments from Katherine Griffiths from the Times about the story.

Marcus by Goldman Sachs is opening a new account every 35 seconds. Marcus, the online savings account from Goldman Sachs, has racked up 100,000 customers since its launch in the UK just forty days ago. Discussed on the show before, they are providing long-suffering savers with a market-beating 1.50% interest rate.

Royal Bank of Scotland to launch digital bank for SMEs. Royal Bank of Scotland has become the first of the UK’s big high street lenders to open a standalone digital account, with the launch of a new business-focused current account that will be run independently of its traditional brands. The new bank, called Mettle, is designed for small business customers, and will provide a current account alongside services such as invoicing and cash flow forecasting.

We also have a great interview with Alison Rose, CEO of RBS CPB to learn more.

HSBC warns customers of data breach. HSBC has locked some customers out their online accounts in response to a data breach that saw unauthorised users gain access to a host of financial and personal information. In a notice to customers, which has been filed with California's Attorney General's office, the bank says: "HSBC became aware of online accounts being accessed by unauthorized users between October 4, 2018 and October 14, 2018. Among the information which may have been accessed is full names, mailing addresses, phone numbers, email addresses, dates of birth, account numbers, account types, account balances, transaction history, payee account information, and statement history.

Tech Nation helping fintech play with banks. This PAS provides a guide to fintechs on the terms and approach used by many financial institutions for collaboration and commercialisation of new fintech propositions.

We speak to Greg Michel from Tech Nation to find out more.

And finally, Anna launches debit card that miaows. Anna, a hybrid digital assistant for SMEs, that combines an app, card and business account, is rolling out the gimmick after consulting "animal psychologist" Ellena Hinson. With 90% of small business failures attributed to cash flow problems, Anna claims that a sharp miaow emanating from its app everytime a payment is made could make users think more carefully about their spending. Hinson goes so far as to suggest small biz owners look to cats for tips on managing their finances.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was produced by Laura Watkins and Petrit Berisha. Edited by Alex Woodhouse.

Special Guests: Ali Paterson and Sigridur Sigurdardottir.

Links:

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Ben Davey is the CEO of Barclays UK Ventures, a former chancery barrister, he worked as CSO of Barclays Investment Bank and Group Head of Strategy of Barclays before taking on his current role.

Simon and Ben talk about the challenges surrounding fintech startups and how banks are looking to creating strong lasting partnerships with them.

They also talk about Ben's journey from the bar to the bank and whether he ever had to wear a wig and gown.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Michael Bailey

Special Guest: Ben Davey.

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Our hosts, Simon Taylor and Leda Glyptis are joined by three great guests: Max Rofagha, CEO and Founder at Finimize, Husayn Kassai, CEO at Onfido and Lisa Jacobs, CSO at Funding Circle.

First up, Banking services for the unbanked! Singapore-based Grab started as a taxi-booking app but is expanding into areas like parcel and food delivery and financial services. Grab's partnered with Mastercard to issue virtual and physical prepaid cards tailored to Southeast Asian consumers, with the aim of expanding use of Grab's digital wallet and helping its unbanked users transact online. The companies hope to leverage Grab's 110 million app users and Mastercard's network of 3 million merchant outlets. Customers can top up their cards using cash through agents, drivers and merchants on the GrabPay platform.

Most banks will be made irrelevant by 2030-Gartner. Within 12 years time, 80% of “heritage financial firms” will either go out of business or be rendered irrelevant by new competition, changing customer behaviour and advancements in technology, according to forecasts by Gartner. They will be replaced by global digital platforms, fintech companies and other nontraditional players.

U.S. state banking regulators sue government to stop “fintech charters”. A body of U.S. state banking regulators on Thursday sued the Office of the Comptroller of the Currency (OCC) over its plan, to issue bank charters to online lenders and payment companies. The body, the Conference of State Bank Supervisors (CSBS), said the so-called fintech charter was unconstitutional and puts consumers and taxpayers at risk. Follows a similar suit filed by the New York Department of Financial Services (NYDFS) last month.

Initiative Q: Scam, pyramid scheme or next PayPal? No one seems to have any idea if it’s a scam or not. Only detailed has come from David Gerard, author of Attack of the 50ft Blockchain. “It’s not impossible they’ll get something up … but pure ideas are near-worthless. The hard part is always execution.”

Trendy challenger bank Monzo is Britain’s latest unicorn startup. Monzo secured a £85 million funding round, giving it a valuation of £1 billion, investors include Stripe, Accel Ventures, and General Catalyst. Most notably, the company has also relied on equity crowdfunding in the past and reportedly plans to raise a further £20 million from ordinary retail investors later this year.

And finally, a special 50p coin will mark Brexit. A commemorative 50p coin will be issued to mark the UK's departure from the European Union (EU) next year. The coin would be made available in spring 2019 but it’s not yet known exactly what the new Brexit coins will look like.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was produced by Laura Watkins and Petrit Berisha. Edited by Michael Bailey and written by Dhanum Nursigadoo.

Special Guests: Husayn Kassai, Leda Glyptis, Lisa Jacobs, and Max Rofagha.

Links:

Grab deal to give Mastercards to millions without bank accounts, Companies & Markets - THE BUSINESS TIMES

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We've got some of the best content from Money20/20 USA for you this week. With six interviews from some of the biggest names in the industry:

Omer Ismail, Head of Goldman Sachs US Consumer Business (Marcus)
Jason Gardner, CEO of Marqueta
Shivani Siroya, CEO of Tala
John Hope Bryant, CEO of Operation Hope, Promise Homes and Bryant Group Ventures
Nicolas Kopp, US CEO of N26
Rilla Delorier, Chief Strategy Officer of Umqua Bank

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Michael Bailey.

Special Guests: Jason Gardner, John Hope Bryant, Nicolas Kopp, Omer Ismail, Rilla Delorier, and Shivani Siroya.

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Our hosts, Simon Taylor, Sam Maule and Sarah Kocianski are joined by great guests in three groups.

Group one: Courtney Kelso Senior Vice President at American Express, Samant Nagpal Global Head of Amazon Business Payment Products at Amazon and Mark Heimbouch COO at Worldpay

Group two: Shannon Johnson Group President of Financial Institutions at Cardlytics and Ken Lin Founder and CEO at Credit Karma.

Group three: Ian Ormerod Head of New Digital Business at BBVA and Matt Loos Senior Product Manager for Global Wholesale Payments in Treasury Services at JPMorgan Chase.

First up, we have group one to talk about the American Express and Amazon partnership for co-branded business cards. Amazon Business and American Express will announce the launch of the Amazon Business American Express Card, a tool designed to change the way businesses buy online on October 23. Card Members can choose between cash back or instantly qualify for an interest free payment term to help with working capital or cash flow. American Express and Amazon are thrilled to offer a solution that puts the power of big business into the hands of small business owners.

Verifone and Worldpay Introduce EMV-Grade Contactless Solution at Jimmy John’s. Piloting a new EMV-grade contactless payment acceptance solution at Jimmy John’s (a fast food sandwich chain, a bit like Subway, for all our international listeners). By combining Worldpay’s ultra-fast and highly-secure processing services with Verifone’s Engage P400 device, Jimmy John’s will deliver more convenient, powerful and flexible payment options to its customers. Jimmy John’s are the guinea pig/ early adopter for this initiative - combining faster payments and with fast service and fast food.

Next we have group two to talk about, Lenders share their underwriting secrets with Credit Karma. Ken broke this news story on the Avant Garde stage here at Money2020 right before our show. Credit Karma CEO Ken believes that within just a few years, computers will help optimize and execute these financial decisions for us. Will cyber risks derail consumer trust and hinder the rise of autonomous finance? Or will advanced data science enable the masses to benefit from the type of specialized financial advice and services previously only available to the super rich.

Finn AI closes $11 Million Series A financing. Finn AI today announced it has completed a $11 Million Series A financing round. The new funding will be used to support the growth momentum underway at Finn AI across North America and Europe. The financing will allow Finn AI to enhance enterprise tooling and extend its core product to support additional banking and personal finance capabilities for existing customers including ATB Financial, Bank of Montreal, Banpro Grupo Promerica, Commonwealth Bank, and Fidor Bank.

Finally, we have group three to talk about, JPM’s blockchain announcement. J.P. Morgan Interbank Information Networks expands to more than 75 banks. Sept 25th - announced the expansion of its Interbank Information Network (IINSM), the first live blockchain service offered by the firm. More than 75 banks have signed up to be part of IIN, the largest number of banks to join a live application of blockchain technology. IIN, launched as a pilot in 2017, minimizes friction in the global payments process, enabling payments to reach beneficiaries faster and with fewer steps. Using blockchain technology, IIN reduces the time correspondent banks currently spend responding to compliance and other data related inquiries that delay payments.

BBVA launches Open Banking platform in the US. BBVA has officially launched its Banking-as-a-Service platform in the US, using APIs to let firms offer their customers financial products without having to take on fulling banking themselves.

While PSD2 is driving open banking in Europe, BBVA is taking a proactive approach in the US. Operating its Open Platf

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Today's insights show comes to you live from Money20/20 in Las Vegas at the Leadership Loft. Sarah Kocianski is moderating the debate between Team USA and Team ROW. Sam Maule's representing 11:FS in Team USA and Simon Taylor's doing the same on Team ROW.

We debate which parts of the world are best at different parts of banking, with the aim of building a hybrid multi-national bank of the future:

Building a bank.
Regulation, who does it best?
Data, where is it used best?
Neobanks and user experience.

It's an exciting debate which is sure to decide once and for all where's best to design the bank of the future.

Team USA

Captain: Sam Maule, 11:FS

Ron Shevlin, Cornerstone

Jill Castilla, Citizens Bank of Edmond

Dan Kimerling, Deciens Capital

Team ROW

Captain: Simon Taylor, 11:FS

Melissa Guzy, Arbor Ventures

Derek White, BBVA

Megan Caywood, Starling Bank

This episode was written and produced by Laura Watkins. Edited by Michael Bailey.

Special Guests: Daniel Kimerling, Derek White, Jill Castilla, Megan Caywood, Melissa Guzy, and Ron Shevlin.

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Our hosts, David M. Brear and Simon Taylor are joined by two great guests: James Hurley, Enterprise Editor, The Times and Kirsty Grant, Investment Director, Seedrs.

First up, we've got an insight into 11:FS Foundry and our partnership with DNB. David sat down with Leda Glyptis, Foundry CEO and Rasmus Figenschou, Group EVP for New Business, and our strategic partner at DNB.

Two-thirds of Amazon Prime members would try banking with the retailer, according to Bain study. Bain surveyed 6,000 U.S. consumers recently with a simple question: If Amazon launched a free online bank account that came with 2 percent cash back on all Amazon.com purchases, would you sign up to try it? 2/3s Amazon Prime customers would sign up, 43% of non-Prime Amazon customers would, and 37% of non-Amazon customers.

Walmart and Paypal team up. PayPal users will be able to withdraw and deposit cash into their PayPal account at any Walmart store. In addition, PayPal Cash Mastercard customers can access their cash balance using Walmart service desks, ATMs, and cash registers. This is the first time PayPal users are able to transact in cash, but each cash transaction is priced at a flat, $3 service fee. The parties have not disclosed how that fee is divided between Walmart and PayPal. Walmart offers a variety of debit and credit card options, as well as services such as money transfers, remittances, check cashing, tax preparation, and billpay.

Contactless payments overtake chip and pin. Contactless payments have become more popular than chip-and-pin card transactions for the first time in the UK, according to Worldpay. Contactless overtook in June, when 51% of in-store card transactions were contactless, rising to 52% in July. Analysis of the company's data showed that use of the newer payment method jumped by 30% between June 2017 and June 2018.

Nationwide’s Open Banking for Good challenge. Nationwide Building Society is injecting £3 million in funding to encourage fintech startups and academics to develop Open Banking apps that can help to improve the lives of the one in four UK households who are financially squeezed – equivalent to 12.7 million people. Government-sponsored Open Banking for Good challenge, pairs established fintechs and start-ups with debt and money charities in a bid to develop apps that help drive financial inclusion.

FCA Opens the 5th sandbox cohort and Green Fintech Challenge. On Monday the FCA opened again for applications as part of cohort 5 for the regulatory sandbox. Also, this week is Green Great Britain Week and on Friday they are holding an event to launch The Innovate FinTech Challenge, to coincide with the new sandbox.

We also have a great interview with Anna Wallace, Head of the Innovate Department at the FCA to learn more.

RBS vs Marcus. RBS has launched a savings account paying 1.5 per cent interest, one of the highest rates currently available. It comes weeks after Goldman Sachs shook up the market by announcing its first savings account in the UK, also paying 1.5 per cent. However, the rate only applies to to the first £10,000, which is some way short of Goldman's account which pays 1.5 per cent up to £250,000.

From saving to spending. Tandem’s 2nd credit card, the “Journey Card” - targets people in the U.K. who have yet to build up a credit history at all. Credit cards are already one of the most effective ways of improving your credit score. Like Tandem’s other card, Journey Card has low FX fees, but unlike the original card it has no cashback and a higher APR.

Both cards offer integrations into Tandem’s banking app, which in turn acts as a PFM and allows you to aggregate your non-Tandem banking data.

Inspiring the tech leaders of the future. International Financial Corporation (“IFC”), a member of the World Bank Group, and Ant Financial jointly announced the 10x1000 Tech for Inclusion programme, a comprehensive programme to

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Today's insights show takes a closer look at how to move faster at scale and operating in agile creation models. We also take a look at what happens to data when it enters a platform, understanding how data and platforms interact with businesses and consumers, as well as the dynamics of marketplaces and platforms.

We speak to the best experts to find out more:

Derek White, Global Head of Customer Solutions at BBVA
Ian Ormerod, Head of New Digital Business at BBVA
Juho Makkonen, Co-Founder and CEO of Sharetribe

This episode was produced by Laura Watkins and Petrit Berisha. Edited by Michael Bailey.

Special Guests: Derek White, Ian Ormerod, and Juho Makkonen.

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Our hosts, Simon Taylor and Ross Gallagher are joined by two great guests: Bill Gajda, Head of Global Strategic Partnerships at Visa and Dr Sian Lewin, The Reg Doctor.

First up, Gambling Blockers aren’t just a gimmick. Monzo and Starling’s gambling blockers have gained praise in the BBC for helping addicts kick the habit. More than 25,000 customers have signed up to Monzo’s block since it went live in June. "Not all of those were problem gamblers [but] about 8,000 people did have a history of gambling," says Mr Blomfield.

We have a great interview with Simon Vans-Colina, Engineer at Monzo to hear more.

‘Starling is now the Amazon of banking. Come get an account’. Telegraph article gives an overview of Starling and Anne Boden’s achievements, and clearly followed her about for the period of time where she was pitching to billionaires for funding. Somehow this leads onto a discussion of their marketplace APIs and how this makes them akin to Amazon in the banking world. This is a VERY flashy headline, but is there substance to it?

Funding Circle’s shares plummet as they float. Share prices fell by a quarter on their first full day of trading. The flotation valued the company at £1.5bn but by the end of Wednesday its market valued had fallen to £1.25bn. The collapse wiped millions from the paper fortunes of the company’s three founders, who owned 17% of the firm.

Klarna raises $20M from H&M, will build financing and payment services for the fashion retailer. H&M invests $20M in Klarna to build an “omni-channel” payments service across both physical and online store fronts. Klarna says the deal will cover “frictionless” in-store, mobile and online payments across the company’s whole footprint, a better delivery and return process, and more flexible payment options, including “try before you buy” pay later services, to be delivered through H&M’s app and its Club loyalty program.

We have an illuminating interview with Aoife Houlihan, VP Communications and Public Policy at Klaran to learn more.

I spent 53 minutes in Amazon Go and saw the future of retail. There are no cashiers, cash registers, or even self-service checkout stands. You simply walk in, grab what you need, and go. Amazon bills your credit card as you pass through the turnstile on your way out. Moments later, an app in your phone provides a receipt detailing what you've bought, what you paid, and even how long you spent inside.

Ireland vs Google on data breaches. At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc’s Google that may have exposed private profile data of at least 500,000 users to hundreds of external developers. The investigations follow Google’s announcement on Monday that it would shut down the consumer version of its social network Google+ and tighten its data-sharing policies after a “bug” potentially exposed user data that included names, email addresses, occupations, genders and ages.

£9bn pulled from UK company funds since Brexit vote. According to figures from the Investment Association, retail investors have pulled large sums from UK equity funds on a monthly basis since the vote in June 2016. Figures for August 2018 also show the first net loss of investment, on aggregate, across all funds available for sale in the UK since the referendum, including those invested overseas. Investors pulled £217m from UK authorised funds over the month.

Got £20 a month to spare? Santander has a robo-advisor just for you. The bank's Digital Investment Adviser (DIA) guides people through straightforward questions about their current financial position, what they want to achieve and assess the level of risk they are prepared to take with their money. Customers can choose to select specific long-term investment goals, such as paying for a child’s wedding or a property.

Sila - the new venture from

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Today's insights show takes a closer look at what it means to create good digital products, how to give products room to breathe before they're abandoned and how to make, test and iterate.

We speak to the perfect experts to find out:

Louise Smith, Head of Design for the Personal and Business Bank, RBS/NatWest
Hugo Cornejo, Head of Design at Monzo
Rob Brown, Global Head of Marketing, Design and Responsible Business at BBVA
Domenico De Fano, Product Owner at Revolut

This episode was written and produced by Laura Watkins. Edited by Michael Bailey.

Special Guests: Domenico De Fano, Hugo Cornejo, Louise Smith, and Rob Brown.

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Our hosts, Simon Taylor and Ross Gallagher are joined by three great guests: Nina Mohanty, Business Development at Bud, Lianna Brinded, Head of Yahoo Finance UK and Lesley-Ann Vaughan, Co-Creator of M-Pesa and 11:FS Product and African Markets Expert.

First up, RBS prepares to launch standalone digital bank. RBS announces plans to launch “Bó” a new digital bank to try and compete with Monzo et al. Launching next year, it will only be available on mobile and RBS want to migrate 1M NatWest customers over to it. It is understood that the project will be run as an independent operation with separate premises and a dedicated team, mirroring the startup culture of disruptive FinTech players.

Online glitches disrupt payday. Last Friday, (the last Friday of the month and payday for a lot of people in the UK) and many people were locked out of multiple banks’ online banking portals and mobile apps crashed

In some cases money actually disappeared from their accounts. Banks affected included Barclays, HSBC and of course TSB, just one week on from similar issues that impacted RBS, NatWest, Ulster and Barclays.

We also have a Tweet of the Week this week from Monzo Founder Tom Blomfield.

Then we look at lack of choice in bank switching. A CMA study in 2016 concluded that most people haven’t switched banks in more than a decade. Mid-sized banks are planning to launch a lobbying campaign highlighting the role regulation plays in their competitive landscape. TSB and Metro Bank will argue that regulators ought to give them a break from highly prescriptive, burdensome rules because they make it impossible for smaller banks to differentiate themselves from larger rivals.

Danske Bank chief steps down. In a call back to last week’s show and the ING money-laundering fine, the boss of Denmark’s biggest bank has resigned after admitting that the vast majority of €200bn (£178bn) flowing through its Estonian branch was money-laundered cash flowing illegally out of Russia, the UK and the British Virgin Islands. The bank said an independent investigation had found “a series of major deficiencies” in its controls to prevent money laundering.

BBVA’s Francisco González retires after 18 years. Francisco González, the digital pioneer who has led BBVA for the last 18 years, will step down in December and hand over to Carlos Torres Vila, the former CEO. Mr González, 73, is one of Europe’s longest-serving bank leaders and has won global plaudits for making financial technology a central part of BBVA’s strategy long before most executives awoke to its potential.

Facebook could be fined up to $1.63 billion for a massive breach which may have violated EU privacy laws. Facebook may be fined as much as $1.63 billion by a European Union privacy watchdog for a data breach announced Friday that compromised the personal information of up to 50 million users. The hack may have violated the EU's new privacy law, the General Data Protection Regulation, which would result in a hefty fine if EU citizens were affected. Under the law, companies that don't sufficiently protect user data face maximum fines of 20 million euros ($23 million) or 4% of the company's global annual revenue from the prior year, depending on which sum is larger.

We got a cutaway interview with Ryan Garner, host of our digital identity and GDPR insights show podcasts, who has some very strong thoughts on how Facebook have behaved. We also speak to the public about their thought on Facebook and whether they deleted their data or not.

The rising cost of Brexit. European banks are considering whether to begin closing out their trillions of pounds’ worth of derivatives positions in London in the coming months as the UK struggles to finalise an agreement on leaving the EU. The Bank of England estimates that around £38tn of deals are affected by Brexit, including 90 per cent of euro-denominated interest rate swaps.

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Today's insights show takes a closer look at what's going on in the Healthtech space. We take a look at: how people engage with their health, companies looking towards preventative measures, whether healthcare should be more patient-centric, crossovers with insurtech/fintech/healthtech and much more.

We're joined by some fantastic guests:

Amit Patel, Director of New Ventures at Bupa
Nick Tate, VP Global Digital Innovation at GSK
Matt Lenzi, Director at Hanno
Paul Bate, Director of NHS services at Babylon Health

This episode was written and produced by Laura Watkins and edited by Michael Bailey.

Special Guests: Amit Patel, Matt Lenzi, Nick Tate, and Paul Bate.

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Our host, Sarah Kocianski is joined by four great guests: Leda Glyptis, Chief of Staff at 11:FS, Joy Macknight, Deputy Editor at the Banker, Helene Panzarino, MD at Rainmaking Colab and Angelique Schouten, Global Board Member at Ohpen to talk about all the latest news in fintech. Including:

First up, ING’s money laundering fine. Dutch bank ING admitted criminals had been able to launder money through its accounts and agreed to pay €775 million ($900 million) to settle the case. Dutch financial crime prosecutors said ING had violated laws on preventing money laundering and financing terrorism "structurally and for years" by not properly vetting the beneficial owners of client accounts and by not noticing unusual transactions through them.

Half a billion stolen from UK banking customers in H1 2018. Industry group UK Finance said £145m of that was due to authorised push payment (APP) scams, in which people are conned into sending money to another account.

But £358m was lost to unauthorised fraud, which includes transactions made without account holders' knowledge.

Funding Circle’s IPO. Funding Circle has set a price range for its initial public offering (IPO) of 440 pence to 460 pence per share. The flotation will value the firm up to around £1.5 billion. The peer-to-peer lender said it intends to raise £300 million from the IPO.

We have a brief comment from Funding Options Managing Director, Ryan Edwards-Pritchard to find out more.

Funding Options’ funding. ING Ventures, the fintech venture capital arm of the Netherlands-based global bank, has taken a £5m minority equity stake in Funding Options. This follows the recent announcement that they're partnering with ING in the Netherlands to help Dutch businesses find the right finance for their situation.

Monzo’s Million Customers. Tom Blomfield, said the "milestone shows that there’s real, mainstream appetite for a bank that’s doing things differently". Monzo now accounts for 15% of all new current account openings in the UK. Monzo customers now spend £12,000 on their cards every minute, the firm said, with £4bn in payments made so far. Monzo's "unicorn" valuation, of more than $1bn (£770m), is expected to be confirmed when it closes its latest round of fundraising, more than four times higher than its valuation less than a year ago.

We have a great comment from Richard Cook, Monzo's Online Community Manager to get a bit of insight into how they reached their milestone.

Cleo picks up $10M in series A fundraise. Cleo, the London-based “digital assistant” that wants to replace your banking apps. “Broke into” the US 6 months ago, and now has 350k US users, and 600k in the UK. Adding 30k new users per week. Big London VCs are already invested, including funders of Skype, Wonga and Transferwise and its latest investor is Balderton Capital.

Open Banking, the US is behind the times. In the United States currently, there’s no legal requirement stipulating a financial institution must make a consumer’s financial data available to a third party in the event that a consumer provides affirmative consent.

Goldman Sachs wants your piggy bank. Goldman Sachs’s US savings bank, Marcus comes to the UK, US savings bank, which was set up two years ago, has been a big success, attracting $20bn (£15bn) of savings. The company offers savers an easy-access online savings account that pays a competitive rate of interest on balances from £1 to £250,000.

Revolut’s Luxembourg licence. Revolut plan to apply for an e-money licence in Luxembourg despite claiming they have no plans to leave London, but to hedge their bets against any impact of Brexit. They have also applied for a banking licence in Lithuania, partly to avoid Brexit disruption.

HSBC tells Welsh singer to send letter in English. Singer Geraint Lovgreen has complained to the Welsh Language Commission

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Simon and Sam are with Romi Savova, CEO of PensionBee, Jasper Martens, CMO of PensionBee and Jonathan Lister Parsons, CTO of PensionBee.

We're bringing you an insight into the pensions landscape, how regions outside of London are affecting pensions, the impact of open banking and gender imbalances in saving, as well as how financial education can increase savings.

We also talk to PensionBee about their 'battle' with the incumbents of the pension industry as well as how pensions can evolve in the future.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Michael Bailey

Special Guests: Jasper Martens, Jonathan Lister Parsons, and Romi Savova.

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Our hosts, David M. Brear, Sam Maule and Simon Taylor are joined by two great guests: Ahmed Zaidi CTO at Catalyst AI and Kathryn Harris Innovation Lead at Lloyds Banking Group, to talk about all the latest news in fintech. Including:

Starling closes their community. Citing several factors for the move, such as lack of use by most customers, the forum being a distraction for the company from core focus and a vocal minority misunderstanding its purpose. Starling’s post also made reference to banking being a highly regulated environment and forum interaction being restricted by that due to ‘tipping off’ rules. Starling says they remain committed to open conversation with customers and the wider fintech community through other channels such as social media, blog and monthly newsletter. We have a couple of great interviews with Sophie Guibaud, Managing Director for Europe at Fidor and Richard Cook, Online Community Manager from Monzo to get an insight into what communities have provided there.

Digitised sexism. It turns out that women entrepreneurs who seek to finance their ventures using bank financing are increasingly forced to find solutions elsewhere. And compared to men, women entrepreneurs are pushed into desperate and extreme types of financing.

State of concern. New York state’s top banking regulator on Friday sued the federal government to void its decision to award national bank charters to online lenders and payment companies. Maria Vullo, superintendent of New York’s Department of Financial Services, called the decision by the OCC to let financial technology companies, or fintech firms, obtain charters “lawless, ill-conceived, and destabilizing of financial markets.”

The fintech hub to watch. Alipay and China UMS to set up EU hub in Luxembourg. At the end of a week-long mission led by Minister of Finance Pierre Gramegna to Beijing, Hangzhou and Shanghai, China’s Ant Financial confirmed the decision of its payment arm – Alipay - to set up its EU hub in Luxembourg. The announcement comes after China UMS, another major Chinese Fintech company, also announced its choice of Luxembourg. During the visit, several cooperation agreements have been signed.

Arizona hits London on a mission to woo UK fintechs. Doug Ducey, the Governor of Arizona, hopes Britain’s best Fintechs can be persuaded to look beyond Silicon Valley when expanding into the US for the first time. Arizona is pitching to British fintechs in the UK this week, offering regulation-free access to the US market and promises of help with office space and talent.

South African fintech JUMO to expand in Asia with Goldman Sachs backing. South Africa-based financial technology firm JUMO plans to expand in high-growth Asian markets after securing the backing of Goldman Sachs. Since 2014, JUMO, which provides credit and savings products to customers and SMBs through mobile, has mainly focused on Africa where the adoption of mobile money has transformed the banking landscape. We have a great interview with 11:FS' own Lesley-Ann Vaughan to get some deeper insight.

Abu Dhabi opens digital sandbox. Abu Dhabi Global Markets (ADGM), the emirate's international financial centre, has further underlined its fintech ambitions with the launch of a digital sandbox. The sandbox is designed to offer banks, fintechs and regulators an open digital marketplace in which to collaborate on the creation, testing and adoption of new products.

Mary Meeker, the legendary internet analyst is leaving Kleiner. Meeker’s by far the most senior woman in VC.

The departure is rooted in different visions for the types of deals they would like to do. But like so many disputes in recent years at Kleiner Perkins, according to those familiar with the situation, there was also persistent friction between the two sides in ways that had little to do with the firm’s core business — over mundane things such as whether to host a holiday

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Shamir Karkal is Co-Founder of Simple Bank, he was the CFO during his time there and is now the CEO and Co-Founder of Sila.

Sarah and Shamir talk about the genesis of Simple Bank and how it developed into a unique banking proposition that delivers a minimum loveable product.

They also talk about the journey that Simple had to navigate in order to achieve its success and how frustration with an issue no-one else was paying attention to led to a successful business.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Michael Bailey.

Special Guest: Shamir Karkal.

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Our hosts, Sarah Kocianski and David M. Brear sit down with three great guests: Dr. Louise Beaumont, Independent, working with players across the industry to ensure disruption, Daniel Hegarty, CEO of Habito, and Adam Dodds, CEO of Freetrade to talk all about the latest news in fintech. Including:

British airways breach and banks’ reactions. The airline said personal and financial details of customers making or changing bookings on two specific dates had been compromised. About 380,000 transactions were affected, but the stolen data did not include travel or passport details. BA said all customers affected by the breach had been contacted on Thursday night. The breach only affects people who bought tickets during the timeframe provided by BA, and not on other occasions.

Wells Fargo get investigated by US Dept of Justice. The Justice Department is investigating possible fraud committed at the company’s wholesale banking unit. Quoting unnamed “people familiar with the matter,” the probe follows “revelations that employees improperly altered customer information” – including adding information such as Social Security numbers to documents without those people’s consent.

UK fintech valuations flying high. Fintech and finance seemingly unaffected by Brexit as funding and valuations continue to rise, according to the FC. Funding Circle, the peer-to-peer lender, unveiled plans to raise £300m in an initial public offering in October that is expected to value it at more than £1.5bn. British bank OakNorth valued at £1.8 billion in £76m funding round.

TransferWise reports a profit for the second year in a row as revenue doubles. Fintech start-up TransferWise reports second year of profit, and with an annual post-tax net profit of £6.2 million for the fiscal year ending March 2018. The firm says that £3 billion worth of transactions is moved around each month by its more than 4 million users. It plans to roll out its traveler-friendly borderless account product to U.S. users later this year.

UK's Tech Nation picks 20 fintech programme members. Tech Nation has picked 20 early-stage startups to join its new fintech programme, promising to give them intensive backing to help grow their businesses and the country's financial technology ecosystem. The new programme will see participants get the chance to work with and learn from some of the UK's top fintech entrepreneurs. The 20 firms picked to join the first cohort work in areas such as payments, financial inclusion, regtech, AI, SME financing, Open Banking, and cryptocurrencies.

Habito’s life insurance. Underwritten by AIG life, the service aims to offer cover in as few as nine questions, and without the need for any medical data, by using information already given to the provider during the mortgage application process. Daniel Hegarty is on hand to give us more info.

The biggest winners in the South-east Asian e-payment market. e-payment players such as ride sharing apps Grab and Go-Jek will be the biggest winners in the South-east Asian e-payment market, going by a latest Morgan Stanley report. Banks will lose between US$13.1 billion and US$15.5 billion in value to non-bank operators by 2022, Telcos will also benefit, taking around US$2 billion to US$2.9 billion according to the report.

Fintech changing Africa’s GDP. The contribution of fintech to Sub Saharan Africa’s economic output will increase by at least $40 billion to $150 billion by 2022, according to Financial Sector Deepening Africa, which is a development-finance organisation funded by the UK. Sub Saharan Africa’s gross domestic product is about $1.6 trillion, according to IMF. Most of that money is coming out of mobile-phone companies.

Agatha Answers, an AI search & answer engine. Forethought’s Agatha Answers which is an AI engine designed to help customer service staff more efficiently and accurately answer customer questions. It’s an AI

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Today's insights show takes a closer look at what's going on in the Islamic finance space. We take a look at what Islamic Fintech actually is, its global scale, what makes it different from other areas of fintech, how it fits in with the push towards ethical fintech, and much more.

We speak to the best experts to answer all these questions:

Abdul Haseeb Basit - Co-founder and Principal, Elipses
Harris Irfan - Partner at Gateway and Chair of the UK Islamic FinTech Panel
Stella Cox - Managing Director, DDCAP Group and Chair of TheCityUK Islamic Finance Markets Advisory Group’
Irfan Khan - Founder and CEO of Yielders

This episode was written and produced by Laura Watkins and edited by Michael Bailey.

Special Guests: Abdul Haseeb Basit, Harris Irfan, Irfan Khan, and Stella Cox.

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Our hosts, Sarah Kocianski and Ross Gallagher sit down with two great guests: Lois Ollerenshaw, Ventures Principal at NBS Ventures and Valentina Kristensen Director of Growth and Communications at Oaknorth to talk all about the latest news in fintech. Including:

Standard Chartered’s new CEO and virtual banking licence, David has a great interview with Samir Subberwal, Head of Retail Banking at Standard Chartered to get the inside scoop on the story. Standard Chartered Bank in Hong Kong has set up an entity for its virtual bank and submitted its application for a virtual banking licence to the Hong Kong Monetary Authority.

HSBC’s new digital bank. HSBC’s close to launching a new standalone digital bank known as ‘Project Iceberg’ which is

expected to focus on small business customers - possible beta launch this year. A banking industry source said: “All the big banks are recruiting hundreds of people to build ‘attacker’ brands within their own organisations.”

TSB’s boss to step down after yet another outage. TSBs string of IT failures has ended with TSB chief Paul Pester stepping down after 7 years in charge. Chairman Richard Meddings will take on the role of executive chairman until a new chief executive is appointed.

We asked the good people of Aldgate if they had heard of the TSB issues, or any bank outages and if so would that stop them banking with them?

Post Brexit boost to African markets. As the UK leaves the European Union, the City of London will play an even greater role in financing the fastest-growing economies across Africa - according to PM Theresa May. UK-Nigeria trade was worth £4.2 billion last year - many UK companies e.g. British Airways, Unilever, GSK, Shell, SCB have successful operations in Nigeria.

We have a fantastic interview with Anna Wallace from the FCA, who was with the PM in Africa last week and gave us the inside story on the FCA's plans for fintech in Africa.

Yolt partnerships with Homelyfe and PensionBee. Pensionbee customers can now see their live pension balance within Yolt. Clare Reilly, Head of Corporate Development, PensionBee said: “The Yolt-PensionBee integration is a game-changer for UK pension savers, who have sadly been left languishing in the 20th century for far too long.”

We have another great interview, this time with Lucy Woolfenden, Marketing Director at Yolt to tell us more about it.

Australia's Big Four roll out real-time payments with Osko. Australia's New Payments Platform is expecting a surge in transactions as the country's Big Four banks roll out Osko, an overlay service which enables account-to-account real-time payments via e-mail and mobile phone numbers. With the Big Four now ready to go live, Osko will be available within the online banking channel of more than 60 financial institutions, reaching over 42 million consumer and business accounts.

And finally, 'Bingeable,' 'biohacking' and 'fintech' are now officially words.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

For any startups that are looking for Seed and Series A funding and think Nationwide would be a good strategic investor, you can get in touch with them via @NBSVentures on Twitter or email hello@nbsventures.co.uk

This week's episode was written by Laura Watkins and Dhanum Nursigadoo, produced by Laura Watkins and edited by Michael Bailey.

Special Guests: Anna Wallace, Lois Ollerenshaw, Lucy Woolfenden, Samir Subberwal, and Va

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Today's insights show takes a closer look at what's going on in the fintech space in Luxembourg. How can a fintech hub be such a big deal if no one’s ever heard of it? Where is Luxembourg anyway, isn’t it that tiny country sandwiched between France, Belgium and Germany?

We speak to the best experts to answer all these questions:

Pierre Gramegna - Luxembourg Finance Minister
Nicolas Mackel, CEO, Luxembourg for Finance
Nasir Zubairi - CEO of LHoFT
Denise Voss - Chairman of ALFI, the Association of the Luxembourg Fund Industry.
Mike Kane, CEO of Hydrogen
Andy Bryant, COO of Bitflyer Europe
Elena Poughia, MD of Dataconomy

We take a deep dive on the fintech sector at Luxembourg, what the country's doing to create a thriving environment for fintechs, and how the country is building a fintech hub set to rival London, Berlin, and every other European fintech hub.

This episode was written and produced by Laura Watkins and edited by Michael Bailey.

Special Guests: Andy Bryant, Denise Voss, Elena Poughia, Mike Kane, Nasir Zubairi, Nicolas Mackel, and Pierre Gramegna.

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Our hosts, Sarah Kocianski and Simon Taylor sit down with two great guests: Alexa Fernandez, Open Innovation and Ecosystem Builder at BBVA, and Ryan Edwards-Pritchard, Managing Director at Funding Options to talk about the all the latest news in fintech. Including:

Starling’s secret project, Royal Bank of Scotland has enlisted the online-only challenger Starling to assist in its secret project to build a standalone digital bank. Starling has signed “a contract to provide payment services to support new initiatives at RBS/NatWest”. The digital bank reported that its number of personal current accounts has risen to 210K from 43K last November with a average deposit of £900.

Are challengers the future of banking - will enough people switch? The new wave of digital-only challengers is threatening to change the high street bank’s position as a fixture of the British financial experience. Monzo expects to have opened 1.5 million current accounts by the end of the year. Currently on 925,465, Starling on 210,000.

Goldman Sachs’ Marcus come to the UK. Goldman Sachs has started rolling out its retail bank, Marcus, in the UK, starting with a savings account offered to its 6,000 staff in Britain. Marcus - named after the bank's founder Marcus Goldman - has already amassed more than $20bn in deposits and lent $3bn to customers in the US. In an internal memo, Goldman's Europe boss Richard Gnodde said a nationwide roll-out would follow "in the coming weeks".

Warren Buffet invests in Paytm. Berkshire Hathaway, Warren Buffett’s company, made moves to buy a 4% stake of Paytm’s parent company, One97 Communications. The talks have been ongoing since February. As part of the deal Berkshire Hathaway will pay between $300-350M to Paytm which would give it a valuation of over $10BN.

Google Tez becomes Google Pay. Last September, Google launched Tez, an app for instant money transfers in India. Now the company announced it’s rebranding the app to Google Pay. It’s global payments services with what it’s built for India.

Loan consolidation app Tally raises money to launch robo-advisor. Tally, a 3 year old service that aims to help users better manage their credit card debt, is launching a robo advisor. Tally, which requires users to have a minimum score of 660 analyzes their financial profile to determine the fastest and smartest way to pay down debt. It then offers users a new line of credit at a lower interest rate: between 7.9% to 19.9% per year depending on a user’s credit history.

a16z helps raise $102m to build an Amazon Web Services killer. DFINITY, a startup based out of Zug, Switzerland and Palo Alto has a very lofty goal to build what it calls the “Internet Computer”: a blockchain-based, decentralised and non-proprietary network to run the next generation of mega-applications. DFINITY aims to launch an initial version of its public network — which it has also dubbed “Cloud 3.0” — towards the end of the year.

Wonga on verge of collapse. Wonga the payday lender which was once one of Britain's fastest-growing consumer finance companies, is on the brink of collapse this weekend following a deluge of customer compensation claims. 5 years ago Wonga were aiming to pursue a New York stock market listing that could have valued it more than $1bn and turned it into a British technology 'unicorn'. Wonga's decision go into administration comes three weeks after the company had received an emergency £10m cash injection to keep it afloat.

Are cheques checking out? Debate over the future of cheques has been reignited amid a pay dispute at a company that has been printing cheques for more than 100 years. The use of cheques in the UK peaked in 1990, when there were more than four billion transactions a year. A total of 405 million cheques were processed in the UK last year.

And finally, we kid you not, this story is the GOAT. Goat facial recognit

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John Hope Bryant is CEO and Chairman of Operation Hope, Promise Homes, CEO of Bryant Group Ventures, and Co-Founder of Global Dignity. He was also the first person Sam Maule ever interviewed for 11:FS. The two of them sit down. a year later, to discuss financial inclusion and how it makes everyone wealthier.

Promise Homes is a profitable enterprise combining all of John Hope Bryant's passions and interests, aimed at encouraging underserved people to become owners of their own property by renting to them with a goal to becoming part owners and eventually whole owners. It also creates a healthy renter-landlord relationship that benefits everyone in the transaction.

A 200 point difference in credit score is all it takes to massively change someone's life, as John Hope Bryant says: there's never been a riot in a 700 credit score neighbourhood. Whereas in a 500 credit score community is where the real problems are found.

Raising the value of communities is central to John Hope Bryant's message, it stabilises the area and reduces conflicts. He shares how he's helped uplift people's lives by creating financial structures that increase wealth for everyone involved. When poor people do better it increases the wealth of wealthy people.

John Hope Bryant shares what he's doing to increase the wealth of people in communities that works to improve standards for everyone and how important confidence is in building that wealth.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Holly Blaxill.

Special Guest: John Hope Bryant.

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In this episode the team sit down with top fintech CEOs to tackle the week's top financial news

Kicking off with the news that in the ten year anniversary of the financial crisis, Brits still don't trust their banks to act in the interests of society. We explore what this means, whether banks have ever acted in the interests of society and if this really is the case? We asked some people on the streets around our offices to see if they agree. Find out what they said.

Big banks have had it tough in this week's headlines - TSB have had another outage in the exact week the FCA have mandated banks to declare their outages, and the Telegraph reveals the slightly underhand dealings with savers' rates, in the days and weeks before the Bank of England's interest rate rise. We spoke to Dominic Lindley Director of Policy, New City Agenda (and a member of the Financial Services Consumer Panel) to get his take on this, and to summarise all the big bank bad news stories we’ve just covered.

Amazon have announced their desire to become a price comparison site, sending their competitors' share prices tumbling, we also got some great insight from Oliver Ralph, Insurance Correspondent at the FT on this one.

The team also examine: Revolut's customers getting locked out of their accounts in an attempt to crack down on money laundering; JP Morgan's new investment app which is aimed at millennials and first time investors and offers free trades and the big fintech valuations of the week, which predict Monzo will become the next fintech unicorn in Europe.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast @FintechInsiders and join the discussion.

This week's episode was written and produced by Laura Watkins and edited by Michael Bailey.

Special Guests: Anil Stocker, Caroline Plumb, Dominic Lindley, Oliver Ralph, and Tom Eyre.

Links:

British public don't trust banks 10 years after crisis, survey finds | Reuters
TSB online banking goes down again as customers complain after another outage
Brit banks must disclose outages via API, decrees finance watchdog • The Register
Revealed: the banks that robbed savers of a rate rise
Amazon considering insurance comparison site for UK, says report | The Independent
Customer fury at Nikolay Storonsky’s Revolut lock-out | Business | The Sunday Times

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Today's insights show takes a closer look at what it means to have a digital identity and who really controls who you are online?

We speak to the perfect experts to find out:

Jamie Smith - Strategic Engagement Director - Evernym
Emma Lindley - Senior Director of Digital ID and Money at Visa
Vinny Lingham - Co-founder and CEO of Civic
Diane Joyce - CTO for the Post Office Identity Services
Katryna Dow - Founder and CEO of Meeco

Our hosts dive deep into the issue, finding out what your digital identity actually means, who owns it, who the biggest players in the space are and how you can reclaim it with self-sovereign ID. Laura and Ryan also take a look at how digital identity works globally and how it's set to develop in the future.

This episode was written and produced by Laura Watkins, and co-produced by Petrit Berisha, edited by Michael Bailey.

Special Guests: Diane Joyce, Emma Lindley, Jamie Smith, Katryna Dow, Ryan Garner, and Vinny Lingham.

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Our hosts, Sarah Kocianski, Simon Taylor, and David M. Brear are sat down with three great guests: Lesley-Ann Vaughan, Director at MiLA Consulting, Andrew Nelson, Vice-President, Banking & Financial Markets at CGI, and Emily Nicolle, Technology Reporter at City AM to talk about the all the latest news in fintech. Including:

UK Financial Conduct Authority creates Global Alliance for Fintech Innovation Collaboration. The FCA’s new alliance, the Global Financial Innovation Network (GFIN), is a collaboration between 11 financial authorities and related organization.

It will have three functions: A network of regulators collaborating and sharing experience of innovation including emerging technologies (eg AI and DLT) and business models; provide a forum for joint policy work and discussions; and provide firms with an environment in which to trial cross-border solutions - we also have great insight into the story from Anna Wallace, Innovate Head of Department at the FCA.

US fintechs are nervous about the fintech federal charter. Fintechs in the US are “cautious” about the specialist fintech charter announced last month. The Office of the Comptroller of the Currency said it would accept applications for special purpose banking licenses for some types of fintech that do business outside the traditional banking system. They then could operate nationwide under one license rather than a patchwork of state-specific regulations.

Standard Chartered Bank sees Hong Kong’s virtual bank licence as ticket to new business worldwide. Standard Chartered which was the first traditional bank in the city to apply for the license, hopes it will open up new areas of growth both in the city and overseas. The Hong Kong Monetary Authority (HKMA) is poised to issue the first virtual licences by the end of the year as part of a bid to promote fintech and tap into the growing trend for online finance.

Beijing to ban new online lending platforms. Chinese authorities laid out 10 measures to increase restrictions on the online peer-to-peer lending sector, state-run news agency Xinhua reports. Planned steps include banning new online lending platforms and increasing legal punishment on operators of fraudulent schemes, the report says.

Neo-bank Xinja to implement SAP core to take on Australia's Big Four. Australian mobile banking startup Xinja has selected the SAP Cloud for Banking platform to try and take on AUS’ Big Four. The contract with SAP will give the challenger a technology backbone which it says will enable rapid customer onboarding and real time risk and financial assessment.

Square's stock jumps to all-time high after Cash app downloads surpass PayPal's Venmo. Cumulative downloads of Square's Cash app are now greater than those of Paypal's Venmo for the first time after a monster July, 33.5 million downloads vs 32.9 million. In June 2018, Cash app customers spent $250 million with Cash Card, nearly tripling since December 2017 and representing $3 billion on an annualized basis.

And finally, Playboy is reportedly suing a cryptocurrency platform. Playboy's parent company Playboy Enterprises is suing a Canadian based cryptocurrency company called Global Blockchain Technologies (BLOC) alleging fraud and breach of contract. Playboy Enterprises is alleging that BLOC failed to live up to its end of the contract as in the three months since the deal was made, BLOC has yet to integrate its tech into Playboy's platform, and that it also hasn't paid the $4 million it promised to Playboy as a part of the deal.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at

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Tom Peters is co-author of In Search of Excellence, a book that's often touted as the best business book there is. Nearly 30 years later and with 16 more books under his belt, Tom Peters is still leading the management guru industry he created. Sam Maule talks to him about everything that influenced his life and led up to the moment Peters wrote In Search of Excellence.

Emphasising the need for innovation, transparency, honesty, empowerment, openness (all the traits 11:FS stands for) Tom Peters isn't afraid to call out bullshit where he sees it. Although, Tom is just as capable of going off-topic as Sam. This is a chat between two guys who love their jobs, love their careers, and reflect on both well enough to know how they got where they are today.

There's a lot of expertise required to know hot to make things better. Tom Peters has led a career that's let him write in great detail what it means to derive the best results from a project. That stems from understanding the things that prevent everyone from delivering. And if you pay him well enough, he'll even tell you politely.

Tom Peters makes a living from telling CEO they are doing everything wrong and they love him for it. He'll spend the first five minutes of every speech messing with his audience purely to make a connection with them in the moment it really matters most.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Laura Watkins and edited by Michael Bailey.

Special Guest: Tom Peters.

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Our hosts Ross Gallagher and Sarah Kocianski sat down with: Valentina Kristensen, Head of PR and Marketing at OakNorth Bank, Ryan Garner, 11:FS Jobs to be Done guru, and thought-leader, advisor, consultant and blogger, Sharon O’Dea to talk about the all the latest news in fintech. Including:

Barclays buys “significant” stake in MarketInvoice. Barclays has acquired a significant minority stake in Marketinvoice, in a deal that will also see them lead MarkitInvoice’s upcoming series B fundraising. As Europe’s largest online invoice financing platform, Marketinvoice has received over £18m in publicly-disclosed funding to date. It is also backed by early Spotify investor Northzone and private equity group MCI Capital. By investing, Barclays will will MI’s technology to provide £1bn in capital for the UK’s small businesses.

Wells Fargo customers turfed out of their homes, hundreds of Wells Fargo customers forced out of their homes due to computer glitch. The bank revealed that a coding error hit struggling customers over a five-year period between April 13, 2010, and October 20, 2015. Wells Fargo incorrectly denied them mortgage modifications. 400 customers subsequently lost their homes as the bank foreclosed on the loans. The bank says it has set aside $8 million to compensate customers forced out of their homes.

AU Banking industry is an oligopoly. Damning report finds banking industry an “oligopoly” that exploits its customers. AUS top 4 banks dominate market completely. Australia’s banking system has become so concentrated its major banks can pass on costs and set prices to boost profits without fear of losing market share, through every stage of the economic cycle, the Productivity Commission has found.

Australian regulator to embed supervisors in banks. Australia’s corporate regulator has been given power to “embed” supervisory officers within the country’s biggest banks in an attempt to improve corporate behaviour following a series of damaging scandals.

Facebook shares data with banks. Facebook has asked large U.S. banks to share detailed financial information about customers as it seeks to boost user engagement, but Facebook later denied it. WSJ claimed that Facebook wanted U.S. banks to share detailed financial information about their customers, including card transactions and checking-account balances.

Challenger bank Monzo launches accounts for 16-18 year olds. Opening up digital current account offering to 16-18 year olds, opening up the bank to more than 1.5 million new young people.

And finally, Ripple hire Bill Clinton as a keynote speaker at their conference. Former U.S. President Bill Clinton will headline Ripple's Swell conference later this year, the cryptocurrency payments startup announced Tuesday. The 42nd President of the United States will both give a keynote address and participate in a question-and-answer session.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was written and produced by Laura Watkins and edited by Holly Blaxill and Michael Bailey.

Special Guests: Anil Stocker, Harry Ashbridge, Ryan Garner, Sharon O'Dea, and Valentina Kristensen.

Links:

Barclays takes up significant stake in London fintech Marketinvoice | City A.M.

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Today's insights show takes a closer look at what defines a challenger bank, how the name's stuck, and what it actually means. Is it all because of a grudge or is it seeking to disrupt the banking status quo?

We speak to the perfect experts to find out:

Anne Boden - CEO and Co-Founder of Starling
Anthony Thomson - Founder of Atom Bank, Metro Bank, and a new Australian bank (86 400)
Tom Blomfield - CEO and Co-Founder of Monzo
Oscar Williams-Grut - Senior Reporter at Business Insider

Our intrepid hosts travel around the issue, finding out what the founders of challenger banks think of the classification, what differentiates them from incumbents (after all many features are available from both types of bank), how challengers create competition amongst themselves and how with the banking landscape changing as rapidly as it is, what the future holds for all financial insitutions, both neophyte and incumbent.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was written by Laura Watkins. Produced by Laura Watkins. Edited by Michael Bailey.

Special Guests: Anne Boden, Anthony Thomson, Oscar Williams-Grut, and Tom Blomfield.

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Ross, David, and Sarah sit down with Diana Paredes, CEO of Suade Labs and Dr Sian Lewin, AKA the RegDoctor, Client Delivery Director at RegTech Associates. The group discuss the latest news hitting the fintech space this week including:

US charter for fintech, the U.S. Treasury on Tuesday backed the creation of a federal charter for financial technology firms, in a boon for online and peer-to-peer lenders that have long complained the current state-by-state licensing regime is expensive and outdated.

Apple steps up its fintech game, Apple Pay transactions tripled from a year earlier, to more than 1 billion. Cook said that was more than Square and exceeded mobile transactions via PayPal.

Zelle crosses 100 million transaction mark, US based P2P payments network owned and operated by US banks incl Bank of America and JPMorgan Chase. Users can send money to each other online or via a mobile app, from their existing affiliated bank accounts.

Steady launches to serve the US economy, Steady is the income-building platform for the Build-Your-Own (BYO) workforce, helping people create financial stability and take charge of their future. They have launched their app that will help US gig economy workers source new opportunities for work/income and to empower them to manage their income better.

Chinese regulators are scared of Ant, Ant Financial is now the world’s biggest fintech firm. It handled more payments last year than Mastercard - $8.8trillion vs $5.2trillion, controls the world’s largest money-market fund and tens of millions of people have received loans.

No action for RBS GRG scandal, The City watchdog has confirmed that it has no power to take action against the bank’s disgraced Global Restructuring Group over its treatment of small firms. GRG, which operated between 2005 and 2013, has been accused of pushing firms into bankruptcy in order to maintain its own profits. The FCA has said its powers for discipline do not apply in this case.

UK fintech tops global lists for investment in 2018, the UK has attracted more investment in fintech than any other country worldwide for the first half of the year, raking in $16.1bn (£12.3bn). China came in second place with $15.1bn, followed by the US with $14.2bn. Four of Europe’s top 10 fintech deals happened in the UK ($250m raise by Revolut, $100m by eToro, $60m by Flender and $54m by MoneyFarm), cementing the UK as a funding hotspot.

Brits in the dark on Open Banking, a Yougov survey revealed over 75% of Brits don’t know what it is. Of 2074 adults quizzed by YouGov, just 28% are aware of Open Banking. Even when YouGov gave survey participants a clear description of Open Banking, 45% could not understand the ways they could use it, against 18% who could.

Brits can't talk about money, 22% of people are comfortable discussing their finances, found a Starling survey

61, 67, 46 and 29 per cent who are comfortable discusses their weight, political beliefs, mental health and sex lives respectively. Unsurprisingly, the survey also found a strong correlation between people talking about their money and understanding their own financial habits.

And finally, McAfee will pay you $100k if you get into his ‘unhackable’ crypto-wallet. He’ll give $100,000 to anyone who can break into the ‘Bitfi’ wallet, the supposedly ‘unhackable’ cryptocurrency storage device he has been parroting about on social media of late.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was written and produced by Laura Watkins and edited by

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Today's insights show takes a closer look at how to solve the major issues of opening a bank account, payments, and getting a loan that are challenging SMBs at the moment.

We speak to experts to find out who's going to win the race for SMB loyalty:

Edward Berks, Director of Banking, Fintech & Ecosystem, Xero
Nadya Hijazi - Global Head of Business Banking Digital, HSBC
George Bevis, CEO, Tide
Megan Caywood, Chief Platform Officer at Starling
Paul Bulpitt, Head of Accounting at Xero and Founder of the Wow Company

Last time we looked at SMB banking we heard from independent business owners about their individual experiences with SMB banking. Now we want to know if they're typical and if anything they said was surprising to the experts?

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was written by Laura Watkins. Produced by Laura Watkins & Petrit Berisha. Edited by Michael Bailey & Holly Blaxill. Hosted by Sarah Kocianski.

Special Guests: Edward Berks, George Bevis, Megan Caywood, Nadya Hijazi, Oren Greenberg, Paul Bulpitt, and Sam Booth.

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In London, David M. Brear, Simon Taylor, and Sarah Kocianski were our hosts, joined by: Marieke Flament, European Managing Director and CMO of Circle, Simon Vans-Colina, Engineer at Monzo, and Daniel Hegarty, CEO of Habito.

Over in Atlanta, Sam Maule and Doug Bobenhouse are joined by three pairs of guests: Rob Frohwein, CEO of Kabbage and Shannon Johnson, Group President of Financial Institutions at Cardlytics; next up was Kathryn Petralia, COO and Co-Founder of Kabbage, and Andrew Morris, Chief Content Officer at Money20/20; rounding out the show we had Howard Bush, Principal on Industry Experiences and Banking and Capital Markets Lead at Microsoft and Ginger Schmeltzer, Owner and Principal at GDS Advisors, LLC.

Coming on to incredible music and an epic trailer we kick things off with insight into challenger banks. The UK’s digital banks may be profitable sooner than you think Monzo, Starling and Tandem all expect to have hit profitability by 2020 or sooner. The panel examines if Monzo can hit profitability so soon given losses quadrupling recently, Starling's profitability from new revenue streams like business bank accounts and marketplace partnerships, and Tandem acquiring 250K customers since the start of 2018. Next up Starling Bank ditching the purple for a new set of cards, cards for the bank's consumer accounts will be teal, while its business accounts will be turning navy blue. And all cards are portait. Just by like we have Megan Caywood of Starling fame in the audience to show it off.

We move on to Snapchat shutting down Snapcash and giving the space over to Venmo. Snapchat will abandon the peer-to-peer payment space on August 30th. The service was powered by Square Cash. Snapcash gave Snapchat a way to get users to connect payment methods to the app, which were vital to the company’s aim to become a commerce platforms where you can shop without leaving the app. Launched in 2014, ahead of Venmo and Zelle but has ultimately lost customers to both companies. And finally the London team takes a look at what happened to celeb-endorsed cryptocurrencies.

Heading over to Atlanta Doug and Sam kick things off with Rob Frohwein and Shannon Johnson on Uber and Venmo partnering to deliver a new payment experience. The four discuss Uber and Venmo are partnering to deliver a seamless new payment experience available with Uber and Uber Eats. More than 6M payments on Venmo mentioned “Uber” in their description over the past year, how big a deal the partnership is, how important it is that Venmo is offering bank-like solutions without being a bank, and Venmo's security.

Next up, Kathry Petralia and Andrew Morries walk on stage to a great deal of applause, to discuss Facebook Google and others uniting to let customers transfer data between apps. They take a look at whether this is a bonus for start ups, what it means for privacy and data security and why Apple is conspicuously absent from this initiative. Howard Bush and Ginger Schemltzer are on stage next to discuss VISA MoneyGram and Visa Team preparing to deliver real-time global P2P, whether it's a digital and mobile payment option targeting milennials, if cash is still king, why the plan is starting with Mexico and the Philippines and where they'll go next.

And finally the panel takes a look at a woman driving through the streets of South Korea and leaving $14,000 worth of cash in her wake.

All this and so much more on today's very special After Dark episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com. Find us on Twitter using #AfterDarkVI to get the latest on what’s happened a

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AI is a massive subject that's been so spun out by marketing, consultancies, and project proposals as a cure all that it's become difficult to understand what it actually is. To start things off we define what AI really is so you know your AI fact from fiction, then we move on to how AI has developed from simple 'if and then' statements into the powerful applications of Machine Learning.

We interview Charlie Wood, Principal Consultant at Capco to get an inside look at what's going on in the AI space. He helps break down the myth behind AI and how it's being used today. We also speak to Scott Seely, Principal Solutions Architect at Microsoft to break down how Computer Vision relates to AI and how advanced image recognition capabilities are becoming as well as where chatbots are becoming reliable with language recognition. We also take a look at where AI is being applied in complex use cases and how skeptical experts are about AIs ability to make you money.

Then we take a look at what's going on with AI in financial firms, why AI experts don't want to move into financial services and what needs to be done to make AI a useful product for banks in the future.

This episode was written by Petrit Berisha & Sarah Kocianski. Produced by Petrit Berisha & Laura Watkins. Edited by Holly Blaxill & Michael Bailey. Hosted by Sarah Kocianski.

Debunking the myth of AI was brought to you by Microsoft Azure. If you’d like to find out more how they could help you out leverage your existing systems for much more head on over to microsoft.11fs.com

Special Guests: Charlie Wood and Scott Seely.

Sponsored By:

Microsoft Azure

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Ross and David sit down with Eric Fulwiler, Executive Director of VaynerMedia and Teana Baker-Taylor, Chief Marketing Officer of Coinfloor. The group discuss the latest news hitting the fintech space this week, including:

Challenger bank fury over delays to RBS funding scheme, Revolut reported suspected money laundering, EU wants more competition in fintech, Klarna’s payment card, M-Pesa looks to Ethiopia for expansion, Paypal invests in cross border payments, Payment rules create $1bn in losses for Chinese giants, and Kodak’s bitcoin rigs have had their moment as well as many more stories.

We kick things off with challenger banks getting angry over the extended delays to RBS' £775M fund to boost competition in the small business banking market. Payouts have been delayed due to failure to make senior hires on time.

Several challengers including Santander, Starling, Metro Bank and CYBG have been preparing bids for the cash, but a number have complained of being left in the dark and out of pocket because of the delays. Communication around the scheme has been “threadbare” but challengers are spending a lot of time and money on their applications for a piece of the fund. The panel discusses whether challenger banks should be relying on this funding at all or indeed spending their own money on applications, whether the banks are just desperate for free money and why executive hiring is having any impact on handing out funding.

Next up we move on to the news that Revolut discovering a spate of money laundering on its digital payments system. There are huge implications from a KYC perspective, after HSBC were basically deemed complicit in Mexican money laundering after its KYC was deemed too lax. The panel discusses what this might mean for Revolut especially in regards to their application for a banking license and the larger reputational impact for fintech in general. Then the panel moves on to the EU pushing for more competition in the fintech space. Is the international body behind the times and making unfair assumptions of the industry? How can fintech be more competitive and how old does fintech have to be before it starts to count? The panel discusses all these things and has some interesting takes on the issue.

Moving on to better news for the fintech industry, Klarna is launching a payment card and is preparing for expansion. Klarna’s 2,000 workers have been divided into 250 teams, each focusing on a specific problem for customers and how to solve it. Does this prove that digital is a small team sport? Klarna also faces difficulties breaking into the US and UK, two countries with little history of consumers paying by invoices. So, the question remains, can Klarna make headway in the UK? And calling back to the previous story, the panel examines whether this is creating competition within EU fintech.

Speaking of expansions, M-Pesa looks to move in to Ethiopia. Could M-Pesa transform the Ethiopian economy in the same way as it has in Kenya? The panel discusses the state of fintech in the country which has no transference options in place at all and 'archaic' systems are ready for reform to help the economy. Tieing in seamlessly to the story, the panel looks at Paypal investing in cross border payments with P-PRO, a cross border payment platform for merchants looking to accept payments from other countries. The panel discuss why PayPal is investing so heavily in the payments space, if anyone previously heard of P-PRO, and how it compares to Mastercard enlisting Worldpay to push Vocalink's Pay by Bank app.

Staying international, the panel next looks at losses in revenue from payment rules from the People's Bank of China. Chinese giants Alibaba and Tencent have lost $1BN thanks to these rules, but is $1BN a big deal to Alibaba and Tencent? Is 1.7% of revenue a big loss when your businesses move trillions of dollars? Is this move by the PBOC unprecedente

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Some people think it's lucky to be able to make decisions, but Howard Lindzon doesn't see things that way. It's about practice, not being paralysed by indecision and limiting your options to two positive outcomes and then picking the one that you're able to live with. You've gotta keep moving forward and to keep everyone around you motivated and wanting to move forward.

CEOs are vital to the nature of a startup, they need to be able to pull their company in the direction they want to grow in as fast as they can and keep everyone who's with them excited and interested. Sam and Howard also discuss how not everyone can be a great CEO but that isn't a bad thing. The world needs great second-in-commands and people all down the hierarchy, without them there'd be no companies.

Being a CEO means being a great recruiter and communicator in addition to raising money. You can't just be good at one of them, all three are vital to being a CEO. It's important to ensure staff know what you need them to be doing, when, and most importantly, why.

Angel investors are focused on creating the best possible team for the company, finding the specialists who are capable of operating in the space like a scalpel because they know what they're good at, how to do it, and are solely focused on getting their tasks done. And most importantly, trusting the others to achieve what they need to do too.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

This episode was produced by Ollie Judge and edited by Michael Bailey.

Special Guest: Howard Lindzon.

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Sarah and Simon sit down with Editor in Chief of Computer Weekly, Bryan Glick, Business Development at Bud, Nina Mohanty, and 11:FS Pulse Analyst, James Safford. The panel discuss the latest news hitting the fintech space this week, including:

Google Pay rolls out support for peer-to-peer payments and mobile ticketing, Zimbabwe's eco-cash two day crash exposes the vulnerabilities of going cashless, MasterCard suffering a glitch to Faster Payments with many payments delayed, TSB customers suffer yet again after an app update locked out users; Nordnet fire AI assistant Amelia after a poor performance review, Neobank Space was made in just 8 months, Open Banking is 6 months old and what it's achieved.

And finally, of course, death is no reason for breaking the rules according to Paypal.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

This week's episode was produced by Laura Watkins and edited by Michael Bailey.

Special Guests: Bryan Glick, James Safford, and Nina Mohanty.

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COBOL is a programming language that was ubiquitous to the programming world around 60 years ago. It's since been replaced by newer and more useful languages. Unfortunately, COBOL still underpins a great deal of the banking technology in the world, but no-one's trained in it. This has left to a rise in the number of 60-80 year olds who have come out of retirement to maintain the modern banking world. Cowboys who can do what they want because they're the ones maintaining current banking technology. We take a look at what happened to lead us to this point and interview Ewan Silver, CTO of 11:FS to shed some light on the issue.

Next up we interview Scott Seely, Principal Solutions Architect at Microsoft. He runs us through the complex process of untangling legacy systems to work with new technology and hopefully escape the COBOL cowboys. People are the main sticking point here, so Microsoft have come up with an ingenious solution to enable the financial industry to work with legacy systems while still engaging with the most modern technology and making APIs a much smaller sticking point by extending legacy systems out to them.

We also take a look at the AI problem. It's no secret that the industry has been going wrong with AI for a while now, using it in meetings to get budgets approved or used as a distance promise of results when numbers are flagging. We examine where the industry is making mistakes with AI.

This episode was written by Ollie Judge. Produced by Petrit Berisha & Laura Watkins. Edited by Holly Blaxill and hosted by Simon Taylor.

Legacy to Cloud was brought to you by Microsoft Azure. If you’d like to find out more how they could help you out leverage your existing systems for much more head on over to microsoft.11fs.com

Special Guests: Charlie Wood, Ewan Silver, and Scott Seely.

Sponsored By:

Microsoft Azure

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Sarah and David sit down with Forbes and The Economist journalist, Monty Munford, and CEO of Onfido, Husayn Kassai. The panel discuss the latest news hitting the fintech space this week. Including:

TSB could have up to $150m in debt after their IT systems meltdown back in April - the team discuss whether this amount is accurate (or indeed, even enough); Monzo's losses quadruple in 2017 - but is this in line with what our panel expected?

They also take a look at the FCA's latest cohort for their 4th sandbox, their review into “unfair fees” and yet another massive data breach, from a data broker no one has heard of.

We even have two "and finally" stories this week as we couldn't decide between them: Goldman Sachs is getting into EDM and rapper Big Sean raps about crypto on his latest album - has it finally gone mainstream?!

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Husayn Kassai and Monty Munford.

Links:

TSB bank will be at least £150million out of pocket over IT crash as union warns it "will never recover" from it - Mirror Online
Monzo losses widen but the digital bank's user numbers surge
Challenger banks raise record capital in Q1 - AltFi News
Regulatory sandbox - cohort 4 | FCA
Subscribe to read | Financial Times
Exactis said to have exposed 340 million records, more than Equifax breach - CNET
Banks to be subjected to ‘cyber stress tests’ to see if they can withstand a major hacking attack
Goldman's Solomon just released first EDM remix of Fleetwood Mac song - Business Insider
As Drake Drops Scorpion Album, Big Sean Raps About Crypto in 'Big Bank'

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Today's insights show brings together how everything in the UK fintech space is working together to improve the industry.

We want to talk about how the whole nation can start talking about fintech, share knowledge, and work together in unity. But is it even possible in a nation with such strong individual identities?

Fantastic insights are given by fintech experts who are working across the UK to bring fintech to those who need it most:

Greg Michel, Fintech Lead at Tech Nation
John Glen, MP & Economic Secretary to the Treasury
Deb Harding, Head of Engagement in Financial Services for the Welsh Government
Ben Brabyn, CEO, Level 39
Chris Pond, Vice-Chair, Financial Inclusion Commission
Katia Lang, CEO, The Fintech TImes
Martin Cook, General Counsel at Funding Circle and founding member of the Fintech Delivery Panel
Paul Rippon, Co-founder, Monzo
Jon Bradford, Founding partner, Motive Partners
Wendy Jephson, Co-founder & Chief Behavioural Specialist, Nasdaq Sybenetix
Lisa Wood, CMO, Atom Bank

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

Special Guests: Anna Wallace, Ben Brabyn, Chris Pond, Debs Harding, Gregoire Michel, John Glen, Jon Bradford, Katia Lang, Lisa Wood, Martin Cook, Paul Rippon, and Wendy Jephson.

Sponsored By:

Tech Nation: Tech Nation believes the UK is the best place in the world to start and grow a digital business.Tech Nation is expanding their network of growth programmes, events, skills and data resources to reach all corners and clusters of the UK.

Their newly launched Fintech programme is aimed at company founders. Through a 24 hour induction, series of in-depth learning sessions, networking events and a three-day international showcase trip, you'll become part of the very first Tech Nation Fintech cohort. Insights sessions will be delivered by some of the most established fintech entrepreneurs, investors and partners, who will cover topics such as regulation, partnering with banks and expanding internationally.

Find out more here:

https://technation.io/programmes/fintech/

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Simon sits down with Freddy Kelly, Veronique Barbosa, Tanya Andreasyan, and Philip Clarke to discuss the latest news hitting the fintech space this week. Including: Amazon teaming up with American Express for SMBs, Nationwide launch their fintech fund, and Goldman Sachs predict the world cup final.

We also have a few great interviews with Emma Huntington from Nationwide, Nick Katz, CEO of Acasa, Harry Keen, CEO of Hazy, and Brian Barnes the CEO of M1 Finance.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Brian Barnes, Doug Bobenhouse, Emma Huntington, Freddy Kelly, Harry Keen, Nick Katz, Ollie Judge, Philip Clarke, Tanya Andreasyan, and Veronique Barbosa.

Links:

American Express has deal to offer Amazon credit card
Fintech friends: Monzo partners with TransferWise for international payments
Venmo Launches A Debit Card | PYMNTS.com
BBVA trials facial recognition payments
Credit Karma CEO Ken Lin says autonomous money will be here in five years
UK financial entrepreneur Anthony Thomson is launching a new digital bank in Australia | Business Insider
Nationwide launches £50m fintech fund
Alexa, I can trust you with my checkbook, right? Banks start to offer services through virtual assistants, smart speakers
Introducing M1 Borrow | M1 Finance
World Cup final showdown between England and Brazil, Goldman Sachs says - Business Insider

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Today's insights show shines a light on how fintech is making the world a better place.

We want to talk about what makes the UK fintech scene so useful for solving real problems that affect the lives of so many people.

We’re going to be taking a look at how customer-centricity helps fintechs cater better to their customers to ensure they have access to better services, and the impact financial education can have on financial inclusion and literacy.

Fantastic insights are given by fintech experts who are working across the UK to bring fintech to those who need it most:

Greg Michel, Fintech Lead at Tech Nation
Anish Kapoor, CEO of AccessPay
Jonathan Hollow, Head of Financial Capability, Strategy and Innovation at the Money Advice Service.
Richard Theo, CEO and founder of Wealthify
Stephen Ingledew, CEO of Fintech Scotland
Dr Sue Black, OBE
Virraj Jatania, CEO and founder of Pockit

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

Special Guests: Anish Kapoor, Dr. Sue Black, Gregoire Michel, Jonathan Hollow, Richard Theo, Stephen Ingledew, and Virraj Jatania.

Sponsored By:

Tech Nation: Tech Nation believes the UK is the best place in the world to start and grow a digital business.Tech Nation is expanding their network of growth programmes, events, skills and data resources to reach all corners and clusters of the UK.

Find out more here:

https://technation.io/programmes/fintech/

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Simon and David sit down with Romi, Megan and Dave to discuss the intriguing and interesting stories from the fintech world this week, including: CYBG buys Virgin Money, Visa's broken switch, and Starling launches joint accounts.

Simon also has a quick interview with Francisco Carvalho Araújo, Product Manager at Monzo to learn all about Monzo Web.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Dave Cunningham, Francisco Carvalho Araújo, Megan Caywood, and Romi Savova.

Links:

Virgin Money bought by CYBG for £1.7bn
Visa’s European outage blamed on ‘very rare’ broken switch
Square obtains NY State cryptocurrency license | Reuters
Monzo – Access your account in an emergency with Monzo Web
RESOLVED: No More Cash Advance Fees For Curve / Tesco Bank Customers - Travel Hacking Tutor
Brex picks up $57M to build an easy credit card for startups
Lenders warn buyers are being refused mortgages due to bank statement banter
Akon launching cryptocurrency called Akoin to help African economy

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Today's insights show shines a light on what makes the UK fintech scene so unique.

Fantastic insights are given by fintech experts who are working across the UK and influencing regulation in the fintech space:

Frank Jan Risseeuw, CEO of Yolt
Greg Michel, Fintech Lead at Tech Nation
John Glen, MP
Rajesh Agrawal, Deputy Mayor of London
Eileen Burbidge, Chair at Tech Nation and Partner at Passion Capital
Anthony Lesoismier, CSO and Co-founder at Swissborg
Vince Howard, Head of Marketing at Swissborg

We want to talk about what makes the UK fintech scene the home of so many success stories.

We’re going to be taking a look at the unique UK regulatory environment and why so many international players are keen to come to the country to invest in fintech.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

Special Guests: Anthony Lesoismier, Eileen Burbidge, Frank Jan Risseeuw , Gregoire Michel, John Glen, Rajesh Agrawal, and Vince Howard.

Sponsored By:

Tech Nation: Tech Nation believes the UK is the best place in the world to start and grow a digital business.Tech Nation is expanding their network of growth programmes, events, skills and data resources to reach all corners and clusters of the UK.

Find out more here:

https://technation.io/programmes/fintech/

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Sarah and Ross sit down with James and Lisa and go over some of the weird and wonderful stories from the fintech world, including: SCB applying for a licence, Monzo's new IFTTT, and Danske bank attempts to predict the world cup.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode, leave a review on iTunes and every other podcast app. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: James Safford and Lisa Matzi.

Links:

Standard Chartered says it will apply to operate a virtual bank in Hong Kong | South China Morning Post
HSBC to invest $15-17 billion by 2020 in push for growth | Reuters
Adyen Doubles in Debut in Year's Biggest European Tech IPO - Bloomberg
Buy UK Shares Without Paying Stamp Duty Through eToro
World's first smart bank? Monzo release IFTTT integration. - 11:FS
Starling Bank introduces gambling blocker tech
TransferWise’s next partnership could be with U.K. challenger bank Monzo | TechCrunch
N26 launches a revised metal card | TechCrunch
World Cup – FinTech Futures

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Today's insights show shines a light on the regional fintech spaces across the UK.

Fantastic insights are given by fintech experts who are working successfully outside of London and making waves in the fintech space:

Lisa Wood, CMO at Atom, the challenger bank based in Durham, in North East England
Chris Sier, Fintech Envoy for the North of England
James Varga, CEO and Co-founder of the ID Company, based in Edinburgh
Richard Theo, CEO and Co-founder of Wealthify, based in Cardiff, and newly appointed Fintech Envoy for Wales
Virraj Jatania, CEO and founder of Pockit
Paul Rippon, Deputy CEO at Monzo

We want to burst the London fintech bubble and talk about UK fintech successes across the whole country.

We’re going to be taking a look at the under the radar success stories across the UK, particularly those outside of the behemoth of the London bubble.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

Special Guests: Chris Sier, Gregoire Michel, James Varga, Lisa Wood, Paul Rippon, Richard Theo, and Virraj Jatania.

Sponsored By:

Tech Nation: Tech Nation believes the UK is the best place in the world to start and grow a digital business.Tech Nation is expanding their network of growth programmes, events, skills and data resources to reach all corners and clusters of the UK.

Find out more here:

https://technation.io/programmes/fintech/

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David Simon and Sam are live on the main stage at Money 20/20 covering the latest and greatest in news across the fintech world. Joined by those at the cutting edge of all things fintech, Leda Glyptis, Rob Frohwein, Anna Irrera and Peter Hazou.

It's a different show from usual with our guests coming on in pairs. First up are Leda and Rob to share their views on what's going on in Europe.

Kicking things off, European payments seemingly ground to a halt when Visa suffered a system failure over the past week. The panel have an interesting take on the issue, it is a payments conference after all. Next up, Kabbage competes with PayPal.

Luckily we have the Kabbage CEO on-hand to give us some absolute insight into what's going on there. Finishing up this section, the panel discuss the (un)surprising revelation that Millennials trust tech companies over banks when it comes to personal data.

Our two lovely guests have to leave us but we have two equally brilliant ones in the form of Sara and Jeff, ready to let us know their take on the latest blockchain news.

It's been a weird one for blockchain with the world's largest shipping firm, Maersk, now tracking cargo using blockchain. Maersk is planning to use the technology to fight fraud and reduce paperwork. Binance are planning to create a $1BN investment fund, but with a dead ICO how did they manage to raise $7BN this year?

Next up we have two of the finest fintech minds in the form of Anna Irrera and Peter Hazou to round up the last of the big news stories in fintech this week.

Starling has flown the nest after receiving £80M in funding and splitting from Transferwise, the general thinking is the capital increase is to bid for a share of the Capability and Innovation fund set up by RBS following the banking crisis. Next the panel talk about customer service.

Surveys show that UK digital challengers are beating high-street banks on customer satisfaction. Although apparently high-street banks are doing a few things better. We also take a look at Citi and just why they're crushing the competition in investment in US fintech.

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode and leave a review on iTunes. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Anna Irrera, Jeff Tijssen, Leda Glyptis, Peter Hazou, Rob Frohwein, and Sara Feenan.

Links:

Visa says service returning to normal - BBC News
Kabbage To Enter The Payments Processing Space, Will Compete With PayPal And Square
RFI Group: Millennial Brits trust Amazon, PayPal over banks - Business Insider
The World's Largest Shipping Firm Now Tracks Cargo on Blockchain - CoinDesk

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Today's insights show lifts the lid on the pain of SMB Banking as Sarah Kocianski guides us through the three biggest SMB Banking pain points: opening an account, getting a loan, and making and receiving payments.

Fantastic insights are given by small business owners and experts in this sector who give first hand accounts of their own frustrations:

Paul Bulpitt - Head of Accounting at Xero and founder of Wow Company
Sam Booth - CEO of Just After Midnight
Oren Greenberg - Digital Marketing Manager at Kurve,

There are approximately 5.7m SMBs in the UK right now, and they employ almost 16 million people. Together they turn over £1.8 trillion per year, which makes no small contribution to the UK economy and GDP. But why are they so badly served? Sarah endeavours to find out and to look towards the future of SMB Banking and what is going to improve.

We hope you enjoyed the show! Don't forget to subscribe so you never miss an episode, and follow Fintech Insider on Twitter or Facebook.

If you really loved it, please leave us a review, we love reading them!

Special Guests: Oren Greenberg, Paul Bulpitt, and Sam Booth.

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IFTTT (if this, then that) is the easy, free way to get your apps and devices working together. Now, Monzo have enabled IFTTT integration, David M Brear and Simon Vans-Colina discuss how this could be revolutionary for banking services!

Special Guest: Simon Vans-Colina.

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First up with some breaking news: UK banks will be forced to develop develop alerts for customers who may be about to slip into the red as well as a range of prompts and PFM tools that make it easier to keep on top of finances following a review by the Financial Conduct Authority into the high-cost credit market. Find out out what the gang had to say about this crazy bit of news! How much will this impact bank revenue?

Next up, we delve deep into GDPR….I mean not as deep as we did in episode 220, but you get the jist! It’s talk of the town, we had to cover it. After discussing some GDPR fails, we had a chat about Google and PayPal teaming up!

From Payments to banking, have Square stumbled their way into the banking world? How have they done this by accident?

Now iZettle were in the news a fair bit the last few weeks, but can Ayden do what they couldn’t? They plan to go public...

Over to China, Ant financial have raised even more billions! Find out What the team think of this one!

From raising money, to saving money- RoosterMoney, the pocket money and chore tracking app that specialise in pocket money analytics and financial education advice for parents, can reveal that kids have been saving an impressive 24.9% of their pocket money so far this year. Adult households are only managing to save 5.3% of their income. And I know they’re not quite kids, but apparently 1 in 6 millennials has £100,000 in savings! Insane!

Finally, Busking goes digital as street musicians across London are going to accept payments via contactless cards, wearable technology, chip and pin as well as the traditional cash

Subscribe so you never miss an episode and leave a review on iTunes. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Caroline Plumb, Kirsty Grant, Ryan Edwards-Pritchard, and Will Carmichael.

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The opaque nature of the credit world is scary, some might say Orwellian, but mostly just really confusing. You have to hand over your data, which is subsequently regurgitated into a number...where that number comes from is seemingly unclear.

We speak to industry experts about the current state of credit scoring, and also where it will potentially go in the future. What is being done to avoid a black mirror-esque dystopia? What companies are becoming first movers in this space, to create a more transparent business models that actually help people in their daily lives. We also heard from the general public on their experiences with the credit system and why they find it unfair. The impact credit scoring has on people's lives is extraordinary- yet we're only seeing these business models starting to surface. Some would say it's a been a long time coming...

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Special Guests: Aneesh Varma, Justin Basini, Ollie Judge, and Rishi Khosla.

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In this very special episode, David, Simon and Sarah bring you dome fantastic guests and fantastic insights on the subject of truly digital banking recorded live Temenos' TCF2018 event in Dublin.

Co-hosted by Temenos' own Dharmesh Mistry, the team were joined by an international rotation of guests including:

Niall Cameron - Global Head of Corporate and Institutional Digital at HSBC
Mr Ahmed Alrefaie, COO of AL MASRAF
Andrew Clouston - COO, VOLT
Dan Dickinson - Chief Digital Officer at Equitable Bank (EQ Bank)
Fred Cook - CIO, BlueShore Financial
Manoj Bhoswani - Managing Director, Head of APAC Private Banking Technology

to take on three key topics: The State of Digital; Changing Business Models and Customer-Centric Engagement.

Not only that but there was a return of the Fintech Wall of Emoji, updated to a new and improved digital model, keep listening to see where some key trends and topics were placed.

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Special Guests: Ahmed Alrefaie, Andrew Clouston, Dan Dickinson, Dharmesh Mistry, Fred Cook, Manoj Bhoswani, and Niall Cameron.

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Did you know that you have a digital twin? Someone is the data version of yourself that lives and breathes the internet. The problem, in this digital world, is that Digital You leaves a digital footprint everywhere you go. Everywhere...

Every app and tab you open, every T-shirt you buy online, every social media account you create, all leave a trail of data behind you. Now you might not think this is important, but have you ever wondered how it's being used. Why are companies like Facebook and Google gathering data about Digital You? Why is it so profitable for them? And if there's so much value at stake....why are we not offered anything in return for it?

This is where GDPR steps in. It's power to the people: digital-style. Your inbox may have been flooded by a mixture of panicky, scary and funny emails asking you to read through some updated T's & C's for seemingly everything you've ever signed up to. They may reference something called GDPR, but what is this? How does it help us, the consumer, squeeze more value out of the apps and digital services we use?

Ryan and Petrit take us on a data-filled journey, with a series of stories, as well insights from industry experts weaved in to make sure you don't get bored of their voices.

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Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Frances Coyle, Jamie Smith, Jonathan Williams, Petrit Berisha, Ryan Garner, Simon Vans-Colina, and StJohn Deakins.

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The first half of the show is dedicated to the Irish Funds London Alternative Investments Seminar where Pete sits down with Rupert Watson, the Head of Asset Allocation at Mercer, Emmett Kilduff, CEO and Founder of Eagle Alpha, and Breige Tinnelly, the Head of the UK business for AQMetrics.

Next up is the panel at Calastone Connect London Forum, talking to Nigel Walsh, Partner at Deloitte as well as host of the InsurTech Insider podcast, Campbell Brierley, the Chief Innovation Officer at Calastone and Phil Clarke, Founder Partner at Hunch.

All this and so much more on today's episode of Fintech Insider!

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Special Guests: Breige Tinnelly, Campbell Brierley, Emmett Kilduff, Nigel Walsh, Pete Townsend, Philip Clarke, and Rupert Watson.

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Laura Sarah and David sit down with Charlie Wood, Principal Consultant at Capco, and Simon Vans-Colina, Engineer at Monzo.

Laura takes the panel through the latest interesting and in one case, bizarre, stories coming out from the fintech space. Including: Robinhood hits a bullseye, Monzo blocks gambling, and are Irish spies affecting mortgage brokers?

All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode and leave a review on iTunes. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Charlie Wood and Simon Vans-Colina.

Links:

Santander to launch stand-alone UK digital bank
HSBC’s new aggregator app was downloaded 13k times on the day it launched
Robinhood scores $363m Series D
Digital bank Monzo tackles gambling addiction head on
Annual Fraudscape report reveals record number of identity frauds
Irish bank caught in social media spying storm
Britain’s first 100 per cent ‘born in the cloud’ bank celebrates Microsoft collaboration
Morgan Stanley bets on Brazil’s fintech lending boom
Volt Bank awarded Australia’s first new unrestricted banking license
With less cash in circulation, Swedish thieves turn to wildlife trafficking

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Sarah meets with Frederic Nze, CEO of Oakam, to discuss financial exclusion, doorstep lending, and the size of an almost hidden customerbase.

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guest: Frederic Nze.

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David chats to Alison Rose, CEO, Commercial and Private Banking RBS at their offices in London.

She tells us all about her background, how she got into financial servi es, why she stayed in banking for 25 years and how the industry is always changing and challenging her.

She talks about the positives of disruption and how much there is to learn; why humility is important; and how best to help customers through the changes facing them.

They also spoke about being a woman in the industry, how she is a role model and a pioneering woman in banking at the peak of her career - how does she do it? Why is it important to have female role models in this industry, how important it is to her to be seen as a good female role model; how she achieves a good work/life balance as a working mum, and why it's so important but also so hard to address the gender imbalance in the industry and how, in her view, it needs to be addressed at all levels, not just the top.

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guest: Alison Rose.

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Sarah and Ross sit down with Daniel Hegarty, CEO and Co-Founder of Habito, and Nina Mohanty, Business Development at Bud.

Sarah takes the panel through the latest interesting and divisive issues happening in the fintech space at the moment, including: Instagram's one stop shop, Microsoft's invoice innovation, and Google's uncanny AI. All this and so much more on today's episode of Fintech Insider!

Subscribe so you never miss an episode and leave a review on iTunes. Spread the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Daniel Hegarty and Nina Mohanty.

Links:

Instagram quietly launches payments for commerce
Microsoft Pay comes to Outlook, integrating Stripe, Braintree, Sage, Wave and more
Google I/O: Listen in as Google’s AI assistant has phone conversations with real people - Recode
iZettle to announce IPO plan early next week
Klarna escalates its war on banks with a new consumer app - and upcoming payment card
Virgin Money says CYBG has made takeover approach
Facebook is launching a new team dedicated to the Blockchain.
The Equifax security breach in 2017 was worse than we thought - Business Insider
PayPal CEO Dan Schulman: In 20 Years "There Will Be No More Credit Cards"
Google adds six new voices and John Legend to Assistant | TechCrunch

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David meets with Group COO of HSBC, Andy Maguire to discuss: how digital banking is transforming the industry, HSBC's approach to innovation and fintechs, and how HSBC is reacting to blockchain.

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guest: Andy Maguire.

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In back to back interviews, David first meets with the CMO of VaynerMedia, Jeff Nicholson to discuss how VaynerMedia's different marketing style, how to measure brand impact, and his unique journey to the height of the brand. Simon then sits down with Head of VaynerSmart Patrick Givens to talk about voice marketing, marketing on the Internet of Things, and the future of audio.

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Jeff Nicholson and Patrick Givens.

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Ross and Sarah sit down with Sameer Gulati, Head of Policy and Regulation at Innovate Finance, Kathryn Harris, Innovation Lead at Lloyds, and James Hurley, Enterprise Editor at The Times.

Ross takes the panel through the latest weird and wonderful stories from the fintech world, including: the number of fintechs set to double by 2030, Monese reach the Holy Grail of finance, and Australia's data falls off the back of a truck. All this and so much more on today's episode of Fintech Inisider!

Subscribe so you never miss an episode and leave a review on iTunes. Share the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: James Hurley, Kathryn Harris, and Sameer Gulati.

Links:

Supporting UK FinTech: Accessing a Global Talent Pool
How Monese, A Challenger Bank For European Migrants, Reached The Holy Grail Of Finance
11:Drive - Financial Inclusion and Why it's Necessary for Everyone - 11:FS
Over half of women have never held an investment product
Australia's Largest Bank Lost The Personal Financial Histories Of 12 Million Customers
Baidu to offload majority stake in financial services unit
Canada's stock market set to reopen after rare shutdown
GreenSky defies downturn in online lending and files for IPO
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BANKER BROS, BEWARE: There's a popular Instagram account mocking your 'Midtown Uniform'

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Simon discusses the card outages in detail with Suresh Vaghjiani, including: what happened, how it was fixed, and what GPS have done to prevent it from ever happening again.

Special Guest: Suresh Vaghjiani.

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Simon and Ross sit down with Carrie Osman, CEO and founder of Cruxy, Ali Paterson, Editor of Fintech Finance, Amelie Arras, Marketing Director of Adastra Marketing, and Veronique Constans, Programme Manager at 11:FS.

Ross takes the panel through the latest interesting and amusing stories from the fintech world, including: Global fintech funding hitting a record high, Revolut's unicorn valuation, Amazon's foray into blockchain and Cryptocurrency means funeral finance? All this and so much more on this episode of Fintech Inisider!

Subscribe so you never miss an episode and leave a review on iTunes. Share the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Ali Paterson, Amélie Arras, Carrie Osman, and Veronique Constans.

Links:

Global fintech funding hits record $5.4bn in Q1
Digital banking startup Revolut raises $250M at a valuation of $1.7B – TechCrunch
What does Revolut's Valuation Mean for the Rest of European Fintech? - 11:FS
TransferWise launches multi-country bank account
Wealthify joins Starling Bank’s Marketplace
TSB admits its internet banking woes are not over
Amazon’s new blockchain service competes with similar products from Oracle and IBM | TechCrunch
World Bank Releases the Latest Global Findex Database
Half of all Tube and rail pay-as-you-go journeys across London are now made using contactless payments
Over a third of Brits think that 'cryptocurrency' refers to funeral finance

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David met with the Deputy Mayor of London, Rajesh Agrawal to talk about how Brexit is set to affect the city, how to encourage entrepreneurship, and how the gender diversity needs to be encouraged to get all we can out of the talent pool.

Special Guest: Rajesh Agrawal.

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Simon asks Luke about the state of the US housing market today and how fintech is enabling 20 minute mortgage applications. Neat Capital also boasts the ability to bid offer and close on a home in two weeks. Then Simon met with Mutaz to discuss budgeting and saving in the digital economy and how to help customers from overspending.

Go to survey.11fs.com to share your views.

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Luke Johnson and Mutaz Qubbaj.

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David and Sarah sit down with Lucy Woolfenden, Marketing Director at Yolt, Pol Navarro, Digital Innovation Director and Sarah meets with Alex Park, Digital Director at Metro Bank.

Sarah takes the panel through the latest interesting and amusing stories from the fintech world, including Ant Financial’s $150 billion valuation, Revolut launching Vaults, and The One Where Ross Got Mistaken for a Banker.

All this and so much more on this Monday episode of Fintech Insider!

Go to survey.11fs.com to share your views.

Subscribe so you never miss an episode and leave a review on iTunes. Share the fintech love by sharing or tweeting this podcast.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Alex Park, Lucy Woolfenden, and Pol Navarro.

Links:

Metro Bank to introduce AI-powered money management tool
BBVA invests $50m in Chinese AI-focused fund
Explainer: Ant Financial's $150 billion valuation, and the big recent bump-up
Lloyds Banking Group to cut 305 jobs and close 49 branches across the UK as customers switch to digital banking
Lloyds Bank | Banking with us | Mobile Branches
An investor in iZettle and Wonga just raised $235 million to fund the next fintech unicorns
Revolut launches spare change Vaults
Demand for cash is increasing, not decreasing, in most countries
TransferWise has become the first non-bank to connect to the Bank of England's payment systems
The One Where Ross Got Mistaken for a Banker - BBC News

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Sam and Doug sit down with Mike Sigal, VC at 500 Startups, Lisa Gansky, VC at Mosaic, Brit Morin, Founder and CEO of Brit + Co, Mark Jamison, Head of Innovation and Design at Visa, Kate Adamson, Head of Mortgage at Plaid, Tony Morosini, VP Banking at Sofi and Anatoly Kvitnitsky, Head of Growth at Trulioo.

Sam takes the panel through the latest and greatest in news stories getting key insights into what's happening and what matters most. Including Mark Zuckerberg's appearance before Congress, Why nobody trusts Facebook, if equal pay is getting any closer and why Silicon Valley Stereotypes are just plain wrong.

Guaranteed Fake News free and to teach you at least one thing you didn't already know!

Subscribe so you never miss an episode, show us some love and leave a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Anatoly Kvitnitsky, Brit Morin, Doug Bobenhouse, Kate Adamson, Lisa Gansky, Mark Jamison, Mike Sigal, and Tony Morosini.

Links:

Zuckerberg struggles to name a single Facebook competitor - The Verge
Facebook is the least-trusted major tech company - Recode
How Squarespace Is Empowering Female Entrepreneurs This Equal Pay Day
New research shows successful founders are far older than the Valley stereotype | TechCrunch

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Sam starts the show by butchering the names of old friends, talking about the San Francisco housing crisis and if Frisco is a cool name for the city.

The panel moves on to podcasts, pitches, the importance of story telling when it comes to brand, and how podcasts can change the world.

After the break the panel discusses how to understand the way money works and how decentralised ledgers might have a much bigger impact in other parts of the world. All this and much much more on this episode of Fintech in a Flat.

We hope you enjoyed the show!

Subscribe so you never miss an episode, and if you want to show us some love then please leave a review on iTunes.

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Special Guests: Betsy McCormick, Jason Zaler, Michael Casey, Ollie Judge, and Sheel Mohnot.

Links:

San Francisco is so expensive people are leaving in droves - Business Insider

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Sam and the panel discuss the very latest in fintech news. Kicking things off with the Facebook Cambridge Analytica scandal, Mark Zuckerberg's appearance before Congress, and that grown men need to stop being juvenilised.

After a few bowls of home-cooked chilli the panel get back to the mics to talk about Equal Pay Day and how companies are trying to empower people to ask for the money they deserve. Diversity issues are discussed by Founders who come from various backgrounds who share what it's like starting up in the industry.

We hope you enjoyed the show!

Subscribe so you never miss an episode, and if you want to show us some love then please leave a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at www.fintechinsidernews.com

Special Guests: Dan Macklin, Divine, John Waupsh, and Yuliya Tarasava.

Links:

Mark Zuckerberg goes to Washington. He can handle it. - Recode
Kara Swisher: In Silicon Valley, ‘stop juvenilizing men’ - POLITICO

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Our After Dark shows are always exciting and this one’s no different. In front of an amazing audience the panel kicks things off with Paypal’s new movements.

M-Pesa wallet goes online thanks to a collaboration between Paypal and Safaricom. Meanwhile over in the USA, Paypal is making moves towards more traditional banking in a bid to connect those without bank accounts to the digital economy.

Young coders might be avoiding London over Brexit fears. But is Brexit a real problem for the fintech space and are coders leaving or is the talent rush just slowing down?

Andy Murray lobs over an interesting bit of fintech news by betting that British Fintech is going to a smash hit. But how big is he betting?

Accenture released their wealth management report on the next era, focusing on Millennials. Despite all the good stats on what Millenials want, can a one-size-fits-all digital experience ever work?

Amazon targets teens, the online bookshop-turned-retail-monolith wants to get to teenagers before the banks are able to. It’s a common tactic used to establish brand loyalty while consumers are young.

Sweden turns against cashlessness amid fears it puts us at risk of attack, with 70% of Swedes wanting to retain some use of cash. But 40% of Britons say they can see themselves going completely cashless in the future. So why is there such a split?

Square’s Cash App arrives in the UK, it’s a potential competitor to Venmo, but can it survive in the UK amongst platforms like Starling and Monzo?

Rounding out the stories tonight, it turns out that the wild entrepreneur John McAfee is charging $105,000 per tweet promoting digital coins and Initial Coin Offerings. Yet another dodgy story on the man who had a very suspicious time in Belize with murdered neighbours and suspected drug dealers. His life is a movie deal waiting to happen.

We hope you enjoyed the show! Subscribe so you never miss an episode, and if you want to show us some love then please leave a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Definitely tweet us if you were at After Dark live with us! We always love hearing from you all.

Special Guests: Liz Lumley, Megan Caywood, and Richard Davies.

Links:

M-Pesa wallet goes online in collaboration with PayPal
PayPal Makes a Move Toward Traditional Banking
Threat to fintech industry as young coders shun London over Brexit
Charlotte Crosswell: “Fintech is our best chance post-Brexit”
Why Andy Murray Is Betting Big On British Fintech
Millennials and Money: Next Era of Wealth Management | Accenture

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We ask Ross about his love for SMEs and how the traditionally underserved market will benefit from the new open banking regulations as well as how critical SMEs will be for fintechs.

We get an insight into what Barclays is doing to integrate fintech and making sure that they continue to serve SMEs.

Ross also tells us about the wider implications of open banking, what fintechs should be aiming for when pitching to clients, and how banks can partner with agile services in the open banking world.

Ross shares his views on the techwave set to hit all industries, how that’s going to impact the role of banks and how they can advise SMEs to adapt to new changes in order to perform in their sector.

Cyber-fraudsters have a new target in busy SME owners, Ross explains how banks need to educate themselves and customers to protect them from becoming victims.

All this and much more in this episode of Fintech Insider.

We hope you enjoyed the show! Tap subscribe so you never miss an episode, and if you want to show us some love then please leave a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guest: Ross Dalzell.

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Ross and Richard discuss the upcoming design competition, how TSB aims to utilise innovative design in a wider business banking context and of course all the rules.

TSB is looking to champion SMEs and tackle their problems, thrive and be more productive without having to weighed down by banking admin.

Richard Davies tells us what he wants the competition to achieve and how being the first high street bank with a modern banking platform will give TSB an advantage

Universities, students, and fintech freelancers are the main audience for the competition. Everyone else would probably be breaking the terms of their contract.

TSB want applicants to figure out how to transform banks physical reach and capabilities for helping local business to right across the UK.

We learn about the O2O hybrid, fusing the digital and real worlds together, that TSB is moving forward with, and how they’ve been inspired by Alipay’s take on it.

The competition is also looking for fresh thinking without any preconceived notions of what banking is, it’s about leading a generation.

TSB is working with 11:FS and 12 universities on the competition. The prizes are pretty exciting. £9000 has been set aside in total, 2 x £3000 and 3 x £1000 paid out by TSB directly to the winners.

We hope you enjoyed this bonus show! Subscribe so you never miss an episode, and you know you want to show us some love so please leave a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guest: Richard Davies.

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Jeff Tijssen, 11:FS Head of Consulting, Sophie Winwood, Head of Partnerships at Innovate Finance, and Valentina Kristensen Head of PR and Marketing at Oak North all speak with Ross Gallagher on the skills you need to make it in the fintech world.

Getting things started we’re talking about what backgrounds are best to break into fintech and where all our panel came from to get to where they are now.

We explore what the fintech industry is looking for in applicants and who it’s trying to attract. Which matters most, the finance or the technology? And where does the customer fit into it?

We also look at where the principles of Fintech and traditional finance converge and separate. Something definitely worth considering for those difficult to answer interview questions.

The panel discuss where new technology is disrupting the traditional financial model and whether you really need a background in financial services to break into the fintech world.

To round things off we look at where younger people need to go, who they need to be talking to and what questions they need to be asking to become the next generation of fintech talent.

We hope you enjoyed the show! Subscribe so you never miss an episode, and if you want to show us some love then please leave a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Jeff Tijssen, Sophie Winwood, and Valentina Kristensen.

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In our birthday episode we take you on a lookback from the entire 11:FS team over the last couple of years. Including the highlights and challenges of taking on clients, applying for projects with banks and everything we do besides make podcasts.

Our founders share why the company got together, where they saw a gap in the market and how they made the leap to take it on. Fintechs of the future have to do things in a slightly different way today to stand out from the major consultancies.

Growth is the keyword for most banks these days across the world. Can fintechs deliver that level of growth needed or are banks going to be forced to keep repeating the cycles pre-2008?

We also take you under the hood of 11:FS Pulse 2, set to launch at the end of the month, and why even with a small team it’s possible for fintechs to deliver next-gen services.

Simon shares a few of his favourite rumours about what we do for big banks, but Jason brings it back to what we’ve actually done and what banks actually need in the new era. Doing something new from a business standpoint in an intelligent way.

Sophie shares the challenges of actually growing a startup in a smart and sustainable way from an employee numbers standpoint. When word gets out applications shoot up and how finding the right match between roles, people, and the company itself is an art.

David and Jason share a few of their core beliefs on making a startup grow properly, how pyramid growth is outdated in an agile market.

Even with three distinct business faces, media, consulting and research, 11:FS is, at its heart, only one team. It’s vital to startups for all their teams to adapt and work together.

Diversity of thought is a driving factor behind 11:FS growth, Sophie explains why diversity isn’t just about gender but finding people who can blend together different ideas and use them to drive forward the company's goals.

Storytelling is a huge part of what we do, Ollie and Laura give their feedback on why 11:FS media has been so successful. Podcasts like this, speaking events, providing narratives with the real facts and the real reasons behind stories instead of focusing on soundbites are all just one part of why. Transparency at all levels only ever helps.

Conflict works in a startup, rather than sticking to a company line, Simon shares how it’s proven to be a big help to 11:FS to have disagreements. So long as the entire team is driving towards the same goal having a discussion only helps to achieve that.

All this and more on this week’s special Fintech Insider. Of course none of this would be possible without you our listeners and so we want to say thank you for all your support so far and we're looking forward to delivering even better content in the future.

Thank you for listening!

You can find us on Twitter @FintechInsiders or @11FSTeam or find us on Facebook, YouTube and Instagram or drop us a line podcasts@11fs.com

Don’t forget to subscribe to the show so you never miss an episode, and if you really love us, leave us a review on iTunes.

Special Guests: Jeff Tijssen, Ollie Judge, Ross Methven, and Sophie Theen.

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In this very special takeover episode we uncover exactly who Hargreaves Lansdown are, directly from their new tech centre in Warsaw and why a company like theirs needs to be on the cutting edge. Creating a tech platform and digital focused business has become a key part of their business.

We discuss the importance of constant innovation and technology in the industry and how it helps them stand out from the crowd.

Hargreaves Lansdown share how they’re making waves in the fintech space outside of the London fintech bubble in the UK and abroad.

The digital age doesn’t mean the end of analogue, HL discusses why they still see value in an analogue safety net that puts the client first.

Website and mobile functionality have changed, new tech and new feedback has meant that firms have to adapt how they deliver experiences across devices, HL share how they’ve done it.

Mobile users suffer from a lack of understanding from companies, the panel discuss how knowing their audience has been key to their growth and how all their tech is routed in essential customer needs.

Word of mouth is still a key driver in growth, the panel discuss how much of an impact it has on their business and that the relationship they build with their clients from that is their most valuable asset.

We talk about all this any much more on this Friday’s episode of Fintech Insider.

Thank you for listening!

You can find us on Twitter @FintechInsiders or @11FSTeam or find us on Facebook, YouTube and Instagram or drop us a line podcasts@11fs.com

Don’t forget to subscribe to the show so you never miss an episode, and if you really love us, leave us a review on iTunes.

Special Guests: Chris Hill, Chris Worle, David Davies, Michal Glowinski, and Pete Townsend.

Sponsored By:

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We’re at the IFTC held at London’s Tobacco Dock where Simon is meeting some of the fintech envoys outlined in the Chancellor’s keynote address and getting some insights into how the new fintech strategy will play out.

David Duffy explains the excitement behind the fintech bridges and the challenges ahead for fintechs and banks working together.

Eileen Burbidge shares key insight on the state of the fintech landscape today, how the UK leads the industry, how fintechs need to adapt in the face of GDPR and the power of transparency.

Al Lukies gives us some more information on the fintech bridges and how the Australian bridge will be stronger than the Singapore, Hong Kong, South Korea and China bridges. Collaboration is at the heart of the bridge but it’s at the first step of a long journey.

Nikhil Rahti comments from his unique position on fintechs gradual change from the B2C market to financial markets. How new tech is improving sectors the world over and just why open access distributed ledger technology might speed transactions up to transform the global financial market.

Adrienne Harris gives her global perspective on fintechs growth, where its future challenges lie, how the UK and US can learn from each other, and the importance of efficient regulation.

Imran Gulamhuseinwala tells Simon about the Open Banking implementation and ensuring that the 9 largest banks in the UK implement it properly. He also explains that Open Banking will have a few more iterations before it’s complete and what the next few phases will be.

We hope you enjoyed the show! Don’t forget to subscribe so you never miss an episode, and if you really love the show please leave us a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Adrienne Harris, Alastair Lukies, David Duffy, Eileen Burbidge, Imran Gulamhuseinwala, John Glen, and Nikhil Rathi.

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Laura and David take a look at the last week’s biggest stories, alongside Jeff Tijssen, Monzo’s Leah Templeman and Bud’s Ed Masleveckas.

Kicking off with a few announcements from some big banks - Deutsche Bank claims the bank account could be a thing of the past in less than 20 years time, which sounds contravertial but in the same speech it appears he’s only just realised banking is ready for disruption. In a similar vein, Citigroup annouce their big banking comeback… with a mobile app.

Moving onto the UK banking and fintech scene, TSB have announced the arrival of their marketplace - making them the first of the high street banks to offer such a thing. Ross Gallagher caught up with TSB’s Commercial Director, Richard Davies to find out more.

Next up, Leah talks us through Monzo’s integration of Yolt and also helps us dissect Monzo’s diversity report - David is most impressed with their “sexy” graphs.

We also talk about Revolut’s virtual disposable cards - and the sheer rate at which Revolut are rolling out new products and services. Laura caught up with Vlad Yatsenko, Revolut’s CTO to find out more about the use case behind the virtual cards and how it helps prevent card fraud in ecommerce.

The second half kicks off with two international money transfer stories as Santander team up with Ripple to speed up cross border payments to under 24hours - but they might have been pipped to the post by new BBVA-backed start up, Denizen who claims it has created a “global banking platform” that allows customers to receive money in one country and pay it out in another immediately, avoiding international transfer fees and eliminating currency exchange fees.

Rounding out the show with millennials, coffee and cake as Amex acquire UK fintech Cake while Square is encouraging millennials to buy more coffee with their Square Cash cards for discounts… and the chatbot Plum is offering more ethical investment services to its mainly millennial user base.

And finally a man beats up a cash machine in Australia and the footage makes the Daily Mail!

We hope you enjoyed the show and had an eggs-cellent Easter weekend! Don’t forget to subscribe so you never miss an episode, and if you really love the show please leave us a review on iTunes.

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Ed Maslaveckas, Jeff Tijssen, Leah Templeman, Richard Davies, and Vlad Yatsenko.

Links:

Bank accounts could disappear within 15 years according to one of Deutsche Bank's most senior execs
Citigroup to Again Be a Nationwide Bank, but in Digital Form
TSB launches lending marketplace for small businesses
Monzo integrates with ING-backed app Yolt
Monzo shares it's annual update on diversity & inclusion

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Simon has an insightful interview with Blackrock and iShares' Stephen Cohen on the future of wealth finance and tech.

We also have a roundtable panel going through the latest jargon, demystifying the ARs from the VRs and explaining why the two are so often confused. Troubles with AI and machine learning and how they apply to the industry? Another two things that sound so similar, those at the cutting edge will take you through it step by step.

Fintech is a fast paced world with constantly evolving buzzwords and acronyms. It’s forgivable to let a few things slide, our guests use real world examples to show you how important these new techs are and how they can improve your business.

Our roundtable brings you:

Rebecca Skiles, Managing Director, Accenture Digital,

Olivia Vinden - Tech/Blockchain specialist for Asset and Wealth Management, Alpha

Nick Burns, Chairman, EngageWorks

And to cap things off we have another interview, this time with Eileen Burbidge, Partner at Passional Capital, on the major trends of the moment and where wealth sits within that.

All this and more in this week's show!

Don't forget to subscribe so you never miss an episode and if you want to show us some love leave a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Eileen Burbidge, Nick Burns, Olivia Vinden, Rebecca Skiles, and Stephen Cohen.

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In a series of one to one interviews from Innovate Finance Global Summit 2018, Ross Gallagher and Simon Taylor explore the ins and outs of some great fintechs with some exciting movements in the UK, Hong Kong, China, and the EMEA. Including:

Benedetta Arese Lucini, Co-founder, Oval Money

Charles d’Haussy, Head of Fintech, InvestHK

Thomas Eyre, CEO and Co-founder LOQBOX

Li Wang, Head of EMEA, Alipay

James Mackonochie, COO and Co-founder, Pia

Marieke Flament, Managing Director for Europe, Circle

Sophie Winwood, Head of Partnerships, Innovate Finance

Stephen Ingledew, CEO, Fintech Scotland

Husayn Kassai, CEO and Co-founder, Onfido

These fintech superstars give us the scoop on where they’ve been, what they’re doing, and where they’re going over the next year.

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders or email podcasts@11fs.com.

Special Guests: Benedetta Arese Lucini, Charles d'Haussy, Husayn Kassai, James Mackonochie, Li Wang, Marieke Flament, Sophie Winwood, Stephen Ingledew, and Tom Eyre.

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Rainmaking Colab MD Helene Panzarino, journalist/guru Monty Munford and 11FS’ own Ryan Garner speak with Ross and Simon to go through this week’s top stories in UK fintech and banking around the world.

We head up the show with a bevy of Fintech stories, starting off with Philip Hammond’s strategy announced at the International Fintech Conference, covering robo-regulations, a new fintech taskforce led by the Treasury, and fintech bridges.

We move on to the rest of the week’s fintech news, including Tide’s claim that they’re the fastest business loan service in the world. Pockit Loqbox has a mission to help the UK’s unbanked improve their credit score, Oak North breaks new ground by becoming the first UK fintech to report an annual profit, and we’ve got an illuminating interview with Valentina Kristensen, Director of Growth and Communications at Oak North.

Yolt connect to 6 major banks...or is that 4?

N26 expand across the pond and Monzo have reached a landmark number of customers.

In the second half of the show we delve into Virgin Money and Standard Life’s new deal on asset management, Michael Sheen’s transformation into a fintech vigilante, and why Whatsapp is shifting to payment services in India.

Uber pulls its driverless car scheme following a fatal crash in Arizona, the second accident the company’s had with its driverless cars. Religious updates in the fintech sector with the Church of England now taking contactless payments alongside the collection plate powered by iZettle and SumUp.

Finally, Rooster Money has partnered with JustGiving to make it easier for children to donate money to a charity of their choice.

All this and more in this week's news show!

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Helene Panzarino , Monty Munford, Ryan Garner, and Valentina Kristensen.

Links:

Philip Hammond’s Fintech strategy
Tide rebrands & launches new card design is now authorised as an Electronic Money Institution
Pockit Loqbox promises to help the UK’s ‘unbanked’ improve their credit score
Oak North becomes first UK fintech to report annual profit
Yolt connects to RBS, Natwest, & Ulster Open Banking APIs
Monzo reaches 500k customers
German a

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Chris Skinner has a blog many of you are sure to know at www.thefinanser.com, it’s packed full of great insights into the financial world. He’s also 11FS’ very own advisor to special projects.

Chris is Chair of the European networking forum: the Financial Services Club. He is on the Advisory Boards of many companies including Innovate Finance, Moven and Meniga.

The big topic of his upcoming new book is Humanity’s Fourth Revolution and the next generation of finance. How it’s happening right now and soon 4.5 billion more people will be able to access banking services.

Digital Humans exist on a Connected Planet, they discuss how those who pay the most to move money often have the least and how this is changing through connectivity.

Star Wars vs Star Trek. In an unusual turn for Fintech Insider Chris and David discuss which one's more likely in the future, with a financial twist of course.

What are Western companies missing out on and what can they learn from the East and the developing world on financial inclusion and accessibility?

They take a close look at Ant Financial, their leap forward to fifth generation architecture and why regenerating every few years works.

Are Fintechs just making faster horses? Does it work and should companies be creating something new?

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guest: Chris Skinner.

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Cruxy&Co's Alexandra Cheung and Capco's Charlie Wood joined David, Jason and Ross to go through this week's top stories in UK fintech and banking and around the world.

We kick off with a slew of UK fintech stories, including Starling's launch of cross border payments, and also highlighting their research into "everyday sexism" into financial services marketing which was picked up by the mainstream media. Are we blind to everyday sexism? David says yes, Alexandra says no.

We move on to a report by the inimitable Sarah Kocianski on the state of neo banks and how fintechs might have to try harder than before to keep their customers happy. Next up they discuss HSBC's proposed app to take advantage of Open Banking, and Tandem's purchase of Pariti.

In the second half of the show we talk tech giants, as Google claim they want to be bank's friends not their rivals .- but do our panel believe them? - Google ban of crypto ads, Square's monumental share increase possibly as a result of embracing bitcoin, Amazon's e-commerce debit in Mexico to encourage shoppers without debit cards to use their services and Tim Berners-Lee's condemnation of the tech giants as exploiting people's data.

And finally - in an incredible marketing move, Standard Chartered hires Ivory Coast mega star Didier Drogba as their first customer for their Ivory Coast online bank.

All this and more in this week's news show!

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Alexandra Cheung and Charlie Wood.

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Aneesh founded Aire in January 2014, inspired by his inability to access credit as a migrant in London. Aneesh has a background in risk (Morgan Stanley), analytics (Credit Suisse) and M&A (J.P. Morgan). In 2008, Aneesh founded FabriQate, a mobile customer experience engine helping clients to predict user behaviour.

Aire are researching and building a new credit algorithm that helps customers to access an alternative credit score. The app tackles financial inclusion by aiming to provide credit access for customers who are unable to build a credit score. Simon asked Aneesh how their credit model uses alternative data and what their sources are.

They also discussed their ambitious long term strategy - to change the way we look at credit and ensure everyone has appropriate access to credit - but how do they go about achieving such a huge aim? Aneesh also talks us through some of their research projects and collaborations.

The big topic is also financial inclusion and Aneesh tells us why that's so close to his heart and what other social issues technology will affect in the coming months and years.

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

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Kicking off with the biggest news, we talked about the gender pay gap, who has 'fessed up and who hasn't, why the disparity in earnings is no great surprise, and what can be done to improve diversity in all its forms across the industry.

We also discuss why women are put off tech careers before they even leave school (and why Reddit isn't the most scientific way to collect data), why female tech role models are desperately needed, why enthusiasm for app-only banks is on the wane, Monzo's marketplace launch in beta, and what Atom will do with their latest round of funding.

Next up are the two biggest Amazon stories of the week - their proposed plans for a checking account product with either JPMorgan or CapitalOne and Jeff Bezos' refusal to lose India, having conceded China to Alibaba. We also have a mini section on corporate social responsibility as Nuns (and other trading bodies) call out unethical practices at WellsFargo, and Kabbage take a strong stand in the light of the tragiv Parkland shootings.

And finally, in the sillier part of the show we take a look at Xinja's glow in the dark payment cards, and Donorfy's GDFR playlist - is it (in REM's words) The End of the World As We Know It?

We hope you enjoy the show!

Don't forget to subscribe so you never miss an episode and if you really love us please leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Caroline Plumb, Laurel Wolfe, Sarah Kocianski, and Veronique Constans.

Links:

Investment banks face fury over gender pay gap
Barclays's gender pay gap sees women earning 43.5 per cent less than men
FinTech Parity Pledge – Making FinTech better, one step at a time
Royal Bank of Scotland reveals 37% gender pay gap
Financial services among worst for UK gender pay gap
Lloyds Bank has published its gender pay gap with women earning 33 per cent less than men | City A.M.
Survey Reveals Women Put Off Tech by Age 15
Brits are souring on app-only startup banks
Monzo launches their marketplace in beta

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First up, Laura talked to Rachel Kent about her background and how she's got the position she's in. How has she overcome any restricting factors in a typically male dominated industry? Why is it so important to highlight the contributions for women in this industry? What's the future for women in this industry?

Next up, Wendy Jephson joins to talk through what makes Sybenetix so special and why she decided to create this company. What gap did she look to fill in the market? We also talked through Wendy's past, particularly her background in law and psychology, more specifically how this breadth has helped her in this industry.

Sophie Bialaszewski was next to give the lowdown on her career! We talk through how she broke into finance and how people actually innovate. How hard is it to instil a culture which promotes innovation?

Min Teo was next up to reveal all to Laura, going through the ins and outs of the fascinating business that is 'Yo-yo wallet'. What's the future like for women in Fintech?

Last but not least, Adizah Tejani talks through her background and how she got involved with Token. What does the future of Fintech look like and how did you market Token?

We hope you enjoy the show and don't forget to leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Adizah Tejani, Min Teo, Rachel Kent, Sophie Bialaszewski, and Wendy Jephson.

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With Ross Gallagher in the host's seat for the very first time, he led co-host Simon Taylor, Nina Mohanty, Doug Bobenhouse and Valentina Kristensen to take a look at the week's top stories.

We kicked off with news that research from Cedr and Trustpilot discovered a way for open banking to pump £1bn into the UK economy. This is obviously great news but is dependent on customers fully adopting the opportunities Open Banking offers and begin sharing their data.

The next three stories surround digital banking and new propositions as Lloyds announce plans for a £3bn digital transformation of their services over 3 years (not so long after their last 3 year transformation plan). Hot on their heels is Virgin Money's less pricey but not insignificant £38.3 million investment in a digital bank, which is disparaged by our team as being "just an app" (so far) and "putting lipstick on a pig". Finally there's easyJet CEO launching easyMoney, but kicking off with just an ISA, as the first of several products. Again the team is not impressed, and thinks they could've tried harder.

Next up we discuss New York's commitment to fighting cyber crime and the shocking news that previously cyber crime crackdowns had only been voluntary and on a state by state basis, only now the US is cracking down but not, as lamented by Nina, at a federal level.

The team also discuss Square continuing to support bitcoin, N26 continuing to grow exponentially, GoHenry teaching kids how to earn and save, contactless cards embedded in coats for the homeless in Amsterdam, and 50 Cent's insistence that he never owned any bitcoin - despite previously claiming to have earned $8million in bitcoin for the sale of his last album - our team have 21 Questions for him on this one.

We hope you enjoy the show and don't forget to leave us a review on iTunes!

Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Doug Bobenhouse, Nina Mohanty, and Valentina Kristensen.

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In the next 5 years we're going to see Data commoditised and in an era where data sovereignty is going to be come more prominent, how to large companies use this to create more customer centric products. Many would say data is going to become digital oil, but should it be seen as digital water? Something everyone (should) have access to?

BrainTribe aim to create an open source operating system for data and Stefan Ebner explains how their clients use said data to improve their business models. How is it open source? What are data lakes? How much does efficient use of data improve companies? Find out the answer to all of this and more in this interview!

Hope you enjoy the show and don't forget to leave us a review on iTunes! Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guest: Stefan Ebner.

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We kicked off the show with a double whammy of Starling stories. Luckily we had Megan Caywood to tell us more. Firstly this one in CityAM announcing Starling's 4 new partners in their marketplace: Pensionbee, Wealthsimple, Habito and Kasko. Next we move onto Starling’s Settle Up feature which Megan explains as “A really easy way to make payments between friends”. Ross said he struggled to find the use case for this at first but now he properly gets it, and its design is excellent “I struggled at first to see this as a use case… but it’s awesome and design-wise it’s really nice”.

Moving on from Starling to their biggest rival, the team discuss this story from City AM - regarding Monzo's partnership with Moneybox via open banking APIs, which allows Monzo users to invest their cash by rounding up purchases to the nearest pound.

From Monzo to Revolut, and ss with seemingly every Revolut CEO interview, this interview in the FT got a lot of people talking on Fintech Insider News, our forum for discussion of the latest news and stories in the fintech world.Nikolay Storonsky talked to the FT about the long hours and high staff turnover at Revolut, claiming there is little room for work-life balance in a fast-growing start-up. However he also claims he has never come across a burnt-out employee, and pledges to pay for a two-week holiday for any of his staff who feels overwhelmed by the demands of their job. Interesting stuff...what are the chances someone takes him up on that pledge?

The next story is one Simon described as "Giving me warm fuzzies" as The UK's FCA and the US' CFTC sign fintech pact. The Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC) have signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology (FinTech) initiatives – LabCFTC and FCA Innovate. To summarise, Simon described the pact as “fist bumps over the Atlantic”.

From one pact that definitely is happening, this one is less clear. In this story from CNBC, Amazon might have teamed up with the Bank of America for its lending programme. If Amazon are working with big banks to get into the lending space, should traditional players in this market be worried?

In this next story they discuss a partnership that this time definitely is happening: Azlo, a digital banking startup targets gig economy workers is backed by BBVA. This story impressed the panel slightly more than the speculative Amazon murmurs, with Edward Berks calling it a "solid proposition".

From a Spanish backed startup to a Canadian one that’s gaining momentum, is the news in Business Insider regarding robo advisor Wealthsimple's £37 million fund raise. Their business model heavily targets millennials - 80% of their clients are under 45 and 40% are first time investors. Is the age of robo-advisors coinciding with mellenials having more money to invest?

Next up we reached the silly story part of the show now, starting with this story from Conservative Home explaining how Conservatives can use the blockchain for activism. This is a bizarre thought piece about a theoretical token called ConservativeCoin and indeed Megan summarised this well, stating that "it sounds like someone had too much time on their times".

Continuing with the crypto theme, and setting up new tokens, CoinDesk broke the news this week that Steven Seagal Endorses Questionable 'Bitcoiin' ICO. Instead of kicking ass on screen, it seems the martial arts savant has taken to round-house kicking the blockchain world by endorsing Bitcoiin2Gen....the name alone had eyebrows raised!

In a show packed full of good news, we chose one more to end on, this one in the Express regarding the Big Issue magazine seller who takes contactless and saw a huge boost to sales as a result. Big Issue sel

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Today we’re bringing you an insights show with a difference. A couple of months ago our 11:FS CEO David Brear was invited to be a judge of Tech City UK’s Fintech for All competition. This was a nationwide competition in 2017 to find fintech startups that make financial services work for everyone.

As well as some fantastic entrants and eventual winners, this event got us thinking about the wider implications of financial inclusion. Therefore we felt we really needed to do a podcast to delve into the issues raised.and what this competition really highlighted, and how best the problems of financial inclusion and serving the underbanked can be solved in the UK.

Joining us we had both the Tech City UK team behind the event and also an event sponsor and an event winner:

Laura Coffey - Head of Fintech at Tech City UK
Gregoire Michel - Senior Program Manager at Tech City UK
Miles Debrah - Evaluation Grant Manager at Money Advice Service
Virraj Jatania - CEO & Co-founder, Pockit

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Gregoire Michel, Laura Coffey, Miles Debrah, and Virraj Jatania.

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Walking on to Barry White blaring out over the sound system, Jason and Simon kicked off After Dark IV, the Valentine's Day special - our biggest ever live After Dark show at WeWork Moorgate. With over 300 fintech fans in attendance, the guys introduced a fantastic panel of guests including Valentina Kristensen, Head of Marketing at Oak North; 11:FS Pulse and Research Director, Ross Gallagher; our most prolific podcast guest, co-host of InsurTech Insider, Business Insider analyst and reporter, Sarah Kocianski, and HSBC’s Global Head of Corporate and Institutional Digital, Niall Cameron.

Fully provisioned with alcohol and a wealth of terrible Valentine's day puns the panel were all set to unpick the week's top (and often sillier) stories.

We kicked off with the news that venture capital investment into fintech more than doubles, according to Innovate Finance reports; next up we have a swathe of Blockchain Insider stories starting with Jay Z’s Roc Nation investment in Robin Hood, and France and Germany's call for regulation of crypto at the G20. We also touched on an InsurTech story as Uber and Waymo settle their divorce with a $245 million settlement over self-driving-car trade secrets.

In part two we cover, Monzo goes stateside as Tom Blomfield hints are early plans for US expansion; Monese goes intergalactic, in a clever piece of PR to celebrate a successful launch for SpaceX’s Falcon Heavy, they have opened the queue for a banking service available on Mars; Alibaba does a thing as Ant Financial seeks $5bn in funding ahead of IPO which will make them the world's biggest unicorn, ahead of Uber.

We also play a game with our audience asking who said what? as we read out quotes from execs who denied innovation, even as it was happening around them - test your knowledge and see if you can beat our audience!

Thanks to everyone who came on the night - stay tuned for After Dark V!

Hope you enjoy the show and don't forget to leave us a review on iTunes! Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Niall Cameron, Sarah Kocianski, and Valentina Kristensen.

Links:

Venture investment in UK fintech more than doubles
Backing Robinhood, JAY-Z’s Roc Nation invests in would-be Rockefellers | TechCrunch
France, Germany call for joint G20 action on cryptocurrencies
Uber settles with Waymo in self-driving-technology lawsuit - Business Insider
App-only bank Monzo looks to expand into US
Monese takes a giant leap forward, to create the first Interplanetary Banking Service | Fintech Finance

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In this very special FCA Takeover Jason speaks to:

Anna Wallace - Innovate Head of Department and Nick Cook - Head of Regtech & Advanced Analytics all about Project Innovate and future plans for the sandbox following Chris Woolard's announcement, interview and paper earlier in the week. (For more info on that, check out Ep 182 of Fintech Insider where Jason got the scoop).

Next up he and Simon talk PSD2 and Open Banking with Graeme McLean - head of banking and lending policy; and Val Smith - Director of Credit Authorisations. They chat about the successes of Open Banking so far, what could've been better and what the future looks like.

And we also had the chance to talk about the FCA’s Competition remit with Mary Starks - Director of Competition and Chief Economist.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Anna Wallace, Graeme McLean, Mary Starks, Nick Cook, and Val Smith.

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Chris Woolard, Strategy and Competition Director, at the FCA speaks exclusively to Jason Bates about an announcement concerning their regulatory sandbox.

Without giving the game away, they discuss the FCA;s latest paper about their future plans for the sandbox, how this will help companies and also take advantage of reg tech.

Chris tells us about the success of the previous 4 cohorts of the sandbox to date, and what the future looks like. He explains what the Innovate department of the FCA does and what it focuses on. He tells us about the importance of regulation, especially for start ups and how the FCA is best placed to help start ups, they don't want to appear unfriendly or intimidating so that start ups actively avoid being properly regulated.

Additionally they also discuss Chris' background, how he got into the role and the importance of competition in the market.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Chris Woolard.

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In this week's news show Simon and Jason are joined by 11:FS NED Chris Skinner, Tanya Andreasyan, Editor at Banking Technology; Kristian Luoma - Head of OP Lab, in town from Helsinki for one night only and Cliff Evans, Head of Digital Banking at Capgemini, to take on the week’s top stories.

This week they look at the monumental shifts in both global stock exchanges and crypto markets - what has been going on, can it bounce back and should we be worried?; the US take on Open Banking - what can they learn from the UK?, and exciting developments in the SME space both here and abroad. We speak to TSB Commercial Director Richard Davies to tell us more on their planned £100m injection of funds into the UK"s SME sector.

The team also take on, big banks calling for regulation of tech giants, Alipay's new ventures into cashless European tourism, Penta's funding round, the death of the chatbot, the UX revolution in banking that might have passed you by, and how out of date computer systems are allowing hackers to hit the jackpot.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Chris Skinner, Cliff Evans, Kristian Luoma, Richard Davies, and Tanya Andreasyan.

Links:

US shares claw back ground and finish up on day - BBC News
Bitcoin braces for worst week since 2013
How U.S. can avoid U.K.’s mistakes in open banking
Can TrueLayer be the UK's first open banking unicorn?
Finance chiefs warn on Big Tech’s shift to banking
TSB to invest £100m into UK’s SME sector
China cracks down on tech credit scoring
Alipay crosses Finnish line for cashless payments
Penta, the German digital-only bank account for startups and SMEs, raises €2.2M seed
Digit redesigning app and ditching chatbots

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Simon Taylor chats to Mike Kelly, CEO and founder of Curl, a new payment network, designed around merchants and consumers. It works via usernames and bank transfers, and is built around Open Banking, and the opportunities that's developed in the market.

Simon and Mike dig into what makes the Curl payment network stand out, what the rationale is behind the usernames, and the opportunities available with the arrival of Open Banking.

They talk about Curl business model, how it helps both consumers and merchants alike, what the technology is behind the network and how it processes payments, and introduces us to the idea of "hands free" payments.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Mike Kelly.

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Simon Taylor speaks to Scott O'Malia, CEO of ISDA, the International Swaps and Derivatives Association.

Kicking off: what IS ISDA?

Why is standardisation so important? How do companies work with ISDA? Scott tells us all.

He also tells us about his unique background and career, from a front row seat to the financial crisis to regulating for the future to avoid future crises.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Scott O'Malia.

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In today's show the team take on: whether Brexit really is more of an opportunity than a threat to fintech, as the MP involved seems to believe, your weekly dose of Open Banking insight, plus special mention of Credit Ladder's new use case for open banking, and the stepping down of Anthony Thomson, Chairman of Atom Bank.

They also discuss the Gaurdian's story that 7 in 10 UK workers are “chronically broke”, and why that could be and are people just missing opportunities to save? Opinions are divided on this highly contested topic. Meanwhile in the US millennials are seemingly more financially secure that we thought. Simon takes on Robinhood's cryptotrading and its appeal to the millennial market, could it be using crypto as a way of luring users into their app to make other more traditional trades and investments?

We speak also speak to PensionBee CEO Romi Savova about HER open letter to Aegon, accusing them of bullying and preventing users from transitioning out of Aegon into PensionBee.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Caroline Plumb, Charlie Wood, and Romi Savova.

Links:

The MP who heads Parliament's fintech group says Brexit is 'more of an opportunity than a threat'
‘I wouldn’t use open banking’, say three in four Moneywise users
Open Banking makes its debut in the rental market following new CreditLadder launch
Anthony Thomson to step down from Atom
Fintech PensionBee hits out at “corporate bully” Aegon - AltFi News
Dear Mr. Grace your arduous pension transfer approach is out of line
Seven in 10 UK workers are 'chronically broke', study finds
Millennials with savings of $100,000 or more are on the rise
Robinhood adds zero-fee cryptocurrency trading and tracking

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Mental health affect us all, not least when we have financial difficulties or worries. Time to Talk Day opens up the conversation around mental health and removes the taboo, asking all of us to be more open about our mental health.

Simon Taylor chaired a panel discussing how financial services can be more astute about mental health and how they can improve the relationship between their products, customers and mental health challenges.

We invited along subject matter expert James Routledge from Sanctus, an organisation specifically challenging perceptions of mental health, with the aim of normalising conversations around mental health and how workplaces can better accommodate this, as well as FS experts Ghela Boskovitch and Jo Ann Barefoot and the FCA's Nick Cook to tackle how financial services can offer more frictionless services that better accommodate customers' mental health as well as financial situation.

If you’d like to know more, do take a look at some of the Money and Mental Health Policy Institute’s work in the area, and if you’d like to talk about some of the issues raised in the show, visit Sanctus.io, jsbarefoot.com or fca.org.uk.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Ghela Boskovich, James Routledge, Jo Ann Barefoot, and Nick Cook.

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Coming to you from Kabbage offices in Atlanta, where Sam and our wonderful guests delve deep into the Fintech hub over some beverages. San Francisco has Silicon Valley and Atlanta is has 'Transaction Valley'- but why? Well 70% of payment transactions come through a company listed in Atlanta.

If there's someone in fintech in the payment space, they're either in Atlanta or have something to do with the area- safe to say Atlanta really does live and breathe payments.

The team also talk about fintech education, organic company cultures and building the backbone of payments.

They also take a look at some topical news stories in the payments space.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Ginger Schmeltzer, Joe Kleinwaechter, and Kathryn Petralia.

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Our show begins by discussing why Fintechs and Banks are duelling for talent, as financial technology startups go in hiring overdrive- thus butting heads with the incumbents for the very best candidates. Are banks worried about losing out on top rate talent? Next we explore some pretty damning stats, as the U.S. big four retail banks dealt with almost 20% increase in credit card losses last year. Financial crash anybody? The team get their bear masks on and discuss how growing credit card debts in individuals could be increasingly concerning for incumbents and the economy in general. Staying with empty bank accounts....Wells Fargo apologise for a a glitch that emptied out bank accounts. According to reports, a glitch caused online bill payments to be processed twice which led to some customers with very unhealthy bank balances.

Moving across the world, Australia plan to introduce industry-wide platform for real-time payments called the NPP (New Payments Platform). The infrastructure will allow payments between business accounts and customers at different financial institutions in Australia. Next and staying the the outback, Westpac brings back transactions via text messages. Westpac's new iMessage shortcut will allow customers to make payments. Is this secure? Our team discuss whether or not customers will trust payments via iMessage and whether or not anyone even uses the service anymore!

On to technology, Google and Tencent team up agreeing to share patents in a global tech alliance. The 2nd and 5th large companies in the world have teamed up and this should allow Google to rebuild its presence in China. Partnerships continued, Transferwise and Flinks partner up in Canada-which will facilitate instant account verification and will act as the link between Transferwise and the Canadian banking world.

We wouldn't want to bring you an episode without some regulatory news and to give you your fix on today's Fintech Insider news show, we discuss 'seven key facts about PSD2 could cause some head scratching'. Our panel run through this story and discuss how some of these could be interpreted.

Finally, the man who ordered £3,000 worth of Bitcoin gear online was furious when he received a Boss Baby DVD. Think it's safe to say he was not impressed, and the team discuss whether or not the film itself is worth it? Finally 2.0, 'Grumpy Cat' wins a $710,000 payout in copyright lawsuit. Grumpy Cat Limited sued the owners of coffee company Grenade for exceeding an agreement over the cat's image. You can imagine the cat's owners were 'feline' great after that mega payout!

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Patrick Lane and Sophie Winwood.

Links:

Banks and Fintechs Are Duelling In a ‘War For Talent’
Business schools have a problem with fintech
What is Fintech? And how to build a career in Fintech

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Many financial services companies are trying to build from the ground up, creating new banking systems or products that are more in line with creating an efficient and customer centric front end. Avoka on the other hand, are creating acquisition products that work in tandem with core banking systems.

Chief Experience Officer Derek Corcoran talks us through how Avoka are creating a platform for better customer experience. Indeed, opening current accounts and signing up for a credit card can be tedious, and it's definitely not mobile friendly. Instead of going through 30 layers of customer on boarding that most users fail to do all in one go, Derek discusses how their business model centres around the 'one and done' instantaneous form submission that makes sign-ups all so simple. Not only is their process faster and more convenient, there's also an added element of security- photo ID recognition means users take photos of their driving licences or passports making the sign-up faster and safer. They handle this transaction layer, until it's ready to be delivered to core banking layer.

The culture at Avoka is 'we are going to be successful by making our clients successful', and indeed Derek talks about a meticulous iteration process of creating product after product that aims to satisfy their clients as much as possible, and in turn satisfy the customers they are trying to bring on board. Data analytics are central to these iterations, creating analytics engines which show Avoka where in the application flow the customer is lost. This is imperative to the evolution of their products but also the specificity to each client- they can use this data to show banks exactly what they're missing, and exactly how they can improve upon that.

We also discuss Derek's unique role and job title at the company and what being a 'Chief Experience Officer' actually means. He splits his role into 3 parts,The first is of which is thought leadership around this space, Looking at experiences that banks are putting in to the market, to understand who is doing well. The second component is product development, by analysing customer needs and what other platforms/products are succeeding, Derek also helps in terms of innovation. Finally, the third component is client strategy and relations, they have 3 of the 10 top global banks using their platforms so it's key these relationships are managed accordingly to maintain integrity and credibility to Avoka.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Derek Corcoran.

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So what is an investment platform? According to our panel it's much like a supermarket- you go in and buy lots of things, however you're also doing all the cooking! We discuss how robo advisors can disrupt investment platforms, by scaling the 'do it for you' investment model through technology, and how this interesting supermarket analogy gets altered due to it.

We then move on to Millennial wealth and investment, exploring how newer generations don't have the benefit of buying property and seeing prices skyrocket, whilst also being saddled with debt as they begin their working lives. But how does a generation that has grown up with social media, a generation that is exposed to instant gratification so often- grow to understand the non-immediacy of investment? Or is this the responsibility of investment platforms- does this area need to be more accessible? Mitigating the jargon and bridging that financial literacy gap is imperative, but could governments rather than financial isntitutions be the answer in educating?

But is the challenge with long term investment an economic one rather than educational-inflation currently sitting at 3% means that many cash ISA's aren't really working. To quote our guest Jon Willis: "you may as well keep your cash under your mattress" and this is very much the view financially literate millennials take- citing the lack of excitement a reason for disinterest, hence- Bitcoin.

So how do we make it more accessible? Since millennials don't trust banks, as they have grown up with other brands and services that this generation of users are comfortable with e.g Facebook and Amazon. Is it through gamification? Is that the best way to bridge this literacy gap and make investment more accessible? Our wonderful guests dive deep into this subject and how the challenge posed to investment platforms can be answered.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Adam French, Jon Willis, Pete Townsend, and Shaun Port.

Links:

Tencent gets a licence to sell mutual funds to WeChat’s 1 billion users in China
Tencent to sell mutual funds to ‘WeChat’ users - Citywire
Digital asset management and crypto funds - how has the model changed? - 11:FS
BNP Paribas Asset Management completes fund transaction blockchain...

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David, Jason and Simon were joined by Chris Skinner and Monty Munford for this week's news show from a pub in Bermondsey, complete with pints and pie - the full British pub experience.

We’re now past “deadline day” so naturally our first batch of stories concerned Open Banking and what the banking landscape looks like so far in the wake of PSD2 becoming law on 13th January. The guys chat about the impact the media has had on people's perception of open banking and potentially on customer adoption of it. They also touch on how Nationwide is the latest big bank to ask for an extension to meet the PSD2 deadline, and is meeting the deadline necessarily in correlation with being "good"?

Staying on the theme of open banking they also talk through Monzo's interim API that they released in conjunction with the PSD2 deadline, and reflect on our interview with Tom Blomfield where he contested that Monzo are potentially better placed that the GAFA companies to take on Alibaba and build the financial control centre for the West.

Speaking of Alibaba, the guys muse through their latest developments and the willingness of the Chinese government to support the Eastern tech giants in a way that regulators and governments are yet to do in the West. This leads to a lot of philosophising from all sides on the perpetual East vs West conundrum and who is currently winning?

Moving on to arguably the biggest story of the week, the guys discuss the so-called "Crypto blood bath", as all cryptocurrency prices tumbled and no one really knows why the price tumbled for as far as it did for as long as did, or why it happened now. Following on from Business Insider's thoughts on why the prices have fallen so quickly, the team give their predictions, stay tuned to see who is right!

Other notable stories of the week include Revolut's foray into travel insurance, Xinja's impressive fund raising, and U2's investment fund getting involved in fintech - could it be a Beautiful Day or maybe he Still Hasn't Found What He's Looking For.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Chris Skinner and Monty Munford.

Links:

Open Banking: Will Facebook, Google, and Amazon get into finance?
Nationwide delays Open Banking launch
Monzo launches their interim API for Open Banking

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OakNorth isn't perhaps the most high profile Challenger bank in the UK, solving a real problem by serving the 'missing middle' who aren't being served well by existing lenders. Their business began by exploring how they can actually solve this issue, rather than how they could become a great bank- Rishi citing this particular outlook as one of the reasons OakNorth has seen success.

Looking at OakNorth's social impact, their data shows that they've added about 2,000 to 3,000 new jobs through their lending as well as about 2,500 homes. Now perhaps some of these people may not have had a chance if it wasn't for OakNorth's human element. Their lending committee actually analyses the entrepreneurs behind the projects, rather than using a 'computer says no approach.'

Rishi clearly feels OakNorth are still in infancy when looking at their future roadmap, he states that they want to vastly expand the business as they believe they can solve problems in multiple markets. The future certainly seems bright for this challenger bank and their social impact is certainly impressive!

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Rishi Khosla.

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We bring you the second part of our special wealth series, as we concentrate on asset management trends and how 2018 will impact the investments market. First, our panel discuss how evolving demands from varying types of customer in the asset management industry are challenging legacy ideas. How does millennial inheritance impact their thinking? And do longer life spans require asset managers to explore different avenues to meet customer needs?

Next we move on to discuss the value chain, more specifically distribution, portfolio & management risk, middle & back office and finally 3'rd parties.

It wouldn't be an 11:FS podcast if we didn't discuss Fintech to some extent, and the team dissect various trends that are leading indicators of what to come. How could Tech giants become disruptors in this space? Robo-advisory platforms have become more and more prevalent but is there a limit to how far they can go? Most data shows that many consumers are more comfortable with human elements in this business model, but could the millennial generation change this? The blockchain hype just won't go away, and rightfully so, as we discuss whether or not blockchain could become part of the infrastructure that future asset management business models are built upon? AI is another regularly discussed topic in this space, is it all hype? Or is there something there in the technology that asset managers could use to create a better financial product for their customers.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Chris Mills, Pete Townsend, and Zeynep Meric-Smith.

Links:

Millennials to secure 'inheritance boom'
Legg Mason chief warns of ‘disruptive’ period for asset managers
Tencent gets a licence to sell mutual funds to WeChat’s 1 billion users in China
Vanguard Taps Symbiont's Private Blockchain for Index Fund Data

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First up on today's news show, the FCA bans BYOD (Bring Your Own Device) across the the entire UK finance sector. Whilst regulation is on the tip of everyone's tongue, cryptocurrencies managed to sneak their way onto the show once more as Kodak launched KODAKcoin, boosting stock prices an outrageous 44%. From one major announcement to another, tech giant Tencent gets a licence to sell mutual funds to WeChat's 1 billion users in China.

Moving on, TransferWise is quietly launching its "borderless" debit cards to 1,000 customers, with a full rollout coming later in the year. We discuss what the future of borderless payments could look like and how this brings the company in closer competition with Revolut. Our next story comes from a report written by FleishmanHillard named 'The Fads, The Fears and the Future' which details the most overhyped technologies and trends in 2017. Simon Taylor interviews Claudia Bate the author, where they discuss the report at length including the methodology behind the statistics and upcoming regulation.

Our last episode was named 'Tis The Season of Open Banking and the subject just won't go away. The Guardian published an article which asks whether open banking is a 'radical shake-up, or threat to your private data?' and our panel explore this at length. Do people know where their data is going? Our panel explore whether or not consumers actually need to know how their data is being used so long as it creates a better product for them.

Next, we discuss Brexit's impact on the Fintech space and whether or not cynics have been proven wrong. Uncertainty has been prevalent over Brexit particularly in finance and this is something dissected during this episode.

Software-only Wealthfront were also in the news as they raised $75 million as they aim to target millennials. We discuss who the term 'millennial' refers to and also what the traditional demographic usually is.

We break down 'Meltdown and Spectre' (scary headline for a financial services story), a bug that could be used to compromise computer chips creating security vulnerabilities, what is being done to fix it and how it could impact legacy systems. On the brighter side of things, more than £300m of 'forgotten' money is to be stripped from bank accounts and given to charities and people in debt instead. Robin Hood springs to mind and the team details whether or not this is the right way of dealing with the dormant money. Finally,

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From pre-paid card to fully fledged Current Account, Tom Blomfield details the journey of UK challenger bank Monzo with great enthusiasm and vibrance.

Tom talks our host Simon Taylor through Monzo's viral growth and how their marketing team has managed to grow the company 1000% in the last year alone, on a very limited budget. 'I don't think we're a million miles away from the mainstream' is a great quote and highlights the ambition of the challenger bank, as we discuss Monzo's roadmap for the future.

Regulation has been a hot topic to kick off 2018 and so you won't be surprised that PSD2 is much discussed throughout the interview. Indeed Tom gives his opinions on how large banks and open banking will be impacted by the regulation.

Murmurs of both a Monzo IPO and potential acquisition have been constant throughout 2017, and Tom's admirable attitude that an acquisition "would feel like failure" shows just how dedicated the Monzo team is to creating a better banking product for its customers. He takes responsibility for the IPO rumours saying that it was down to a copywriting indiscretion, however also states a future IPO is possible.

This episode is sponsored by Toptal, an exclusive network of the top freelance software developers, designers, and finance experts in the world. To find out more, visit Toptal.com.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Tom Blomfield.

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In the first of our three-part series on investments, Simon Taylor is joined by special guests Joe Parkin, Gemma Godfrey, Phil Smith, Olivia Vinden & Gareth Johnson.

We kicked things off by asking our panel what IS wealth management? How does it differ from asset management and what does the future of the industry look like?

Our guests have a wealth of experience (pun intended) in this industry, and tried to dissect the role of the wealth manager and how technological evolutions will transform this space. We discuss whether or not digitisation of the role would to some extent mitigate the human element behind wealth management, and how exactly this will alter the customer relationship.

DLT, Machine learning and AI are all buzzwords, but how could these growing areas of innovation change wealth management? How will data, in tandem with these technologies successfully make wealth management for more accessible to the consumer? The panel discuss how these areas could benefit the industry, offering some very interesting insights.

Finally, we explore how changing demographics - both managers and customers - alter the approach to wealth management? It's incredible to think that many children born today, will live close the age of 100. This changes the approach from a wealth management point of view, but also increases the range of people who will understand future technologies that will have a vital role to play in this area.

Thanks for listening! Spread the word, tell all your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Gareth Johnson, Gemma Godfrey, Joe Parkin, Olivia Vinden, and Phil Smith.

Links:

Forget Banks, in 2018 you will pay through Amazon and Facebook

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First up on today's show, Alibaba's Ant Financial has abandoned a $1.2bn takeover of MoneyGram. So what were the US regulator's concerns over national security and personal data.

Continuing the regulatory theme, we explore open banking and traditional banking. The guys discuss why open banking might threaten the survival of traditional banks. Plus, new research suggests that consumer awareness of open banking is at a major low, amidst suggestions that in 2018 you'll pay through Amazon and Facebook.

Next, we ask what is MiFID II and how will it increase transparency and bolster investor protection?

The guys discuss why the credit card fees ban has backfired, and why consumers face new 'service charges' and higher prices.

Is it right that by 'fat-cat Thursday', top bosses' pay after just three days overtakes workers' average annual salary?

P2P payments are back, so is it true that Apple Pay Cash won't be the death of Venmo? And if not, could Zelle do it?

And in the world of banking and savings apps, the guys explore news that Thomas Cook is planning a banking app, plus the consequences of news that savings app Folio has gone under.

After a very relevant tweet, we return to a story from Ep. 141. The future will be tokenised, with an update on the Chinese government's plans to give every citizen a score based on their trustworthiness. So does this sound like a great endorsement of your behaviour or an Orwellian intrusion? Let us know your thoughts @FintechInsiders.

In the last story for this week's news, why psychedelic stickers are blowing AI minds. We think these might become quite popular in the near future...

And finally on today's show, we offer our predictions for 2018. Tune in to hear the team's thoughts on open banking, SMEs and anticipatory design, and check out our 2018 predictions blog.

Thanks for listening! Spread the word, tell all your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at

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Sam Maule is joined by Jason Bates and new 11:FS team member, Doug Bobenhouse in Chicago to discuss the State of the Union in the US, wrapping up 2017 and looking ahead to next year.

They discuss the history of fintech, starting with pre-paid cards, and the slowness of movement by the big players in the US in particular to adapt and change.

Jason talks through "platformification" and the ability to make fast changes by building new propositions on top of old systems, turning products into services.

They discuss the risks and also the opportunities for smaller banks in the space to collaborate and share learnings and also APIs and backend systems, with each other and also the big banks in order to take advantage of the changes in the space, and "take the game to the big guys".

What does "ruining the romance" in banking mean? Jason and Sam explain all.

Sam and Doug discuss how Chicago made its mark on the financial services landscape of the US, and its benefits for start ups in the space.

And Jason asks are faster payments even possible in the US? Sam and Doug debate, and Sam Maule is left speechless by one suggestion - listen out for that!

The guys also look ahead to 2018 and give their predictions for the next year in financial services for the US, including Dodd Frank, and marketplace competition vs monopoly.

Enjoy the show! Spread the word, tell all your friends and don't forget to leave us a review on iTunes. If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Doug Bobenhouse.

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Simon Taylor speaks to Eric Wilson, CEO at Xinja, who are building Australia's first digital bank.

First off Eric introduces us to Xinja - what is it, how does it work and what makes it unique and of course we had to ask how they came up with the name Xinja and how it's pronounced (like ninja).

We ask about Xinja's business model; how they make money, who their customers are and how they acquire them, and what their longterm goals are.

Eric also tells us about Xinja's partnership with Equitise to offer equity crowdfunding and the Founding Xinja community, and their aims to bring humanity back to banking and how they feel about the label "neobank".

We also get his thoughts on the future of cash, particularly in Australia, and how the Australian market compares to the UK, Europe and the States.

We hope you enjoy the show - spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Eric Wilson.

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Jason Bates meets Toby Triebel, CEO for Europe of Wealthsimple, a leading innovative software company. ]

They discuss Toby's background, how he got into fintech and finance, and introduces us to Wealth Simple for those who might not know. They only started in September 2014 and have come a long way since then - $1bn (CAD) in AUM as of May 2017 - we ask how they scaled up so fast?

They also discuss Wealthsimple's accomplishments being Canada’s first robo advisor in the space, and the challenges and impact this had, in addition to having real, human advisors on hand via phone, text, email or video call, to give advice - and is this at odds with their business model of fast, digital investment? Toby tells us all.

He also talks about their hugely successful social media marketing campaign with their Wealthsimple Money Diaries, using celebrity stories to open up conversations around money and finance.

Jason also asks the gritty questions about how they acquire customers, what their customer base looks like, and how they make money, their partnership with Mint and the importance of ethical investment to themselves and their customers.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Toby Triebel.

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Merry Christmas and Season's Greetings to all our listeners and thank you for your support over the last year as Fintech Insider has gone from strength to strength.

As this episode airs on Christmas Day we thought we'd give the gift of the best bloopers from over the last year on the show, featuring David Brear, Jason Bates, Simon Taylor and guests.

Enjoy!

Thanks to all our guests over the last year, and thank you for listening. Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

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David, Nigel and Sarah visit Aviva's Digital Garage for InsurTech Insider's very first takeover show! Recorded from Aviva's offices, the team were joined by Claire Woodcock – Digital Strategy Lead for Digital Product and Design; Anna Stables – Digital Innovation Manager; Alex Allen – Senior Digital Innovation Manager and Colin Richardson – Co-Founder & Head of Marketing at Cocoon for a roundtable discussion of all things Aviva!

We kick off with a run through of what Aviva does and in particular the digital garage, their take on the insurance industry at present and how innovation is beginning to take off, and what that looks like for Aviva. They also tell us about the Founders Factory, the digital garage culture and adapting to customer expectations as the industry shifts and changes.

They conclude with looking ahead to 2018 and what that will look like for Aviva and the team.

It was great fun hosting this show from Aviva's Digital Garage, - don't forget if you enjoy the show to subscribe so you never miss an episode and leave us a review on iTunes. If you want to get in touch, reach out to us on Twitter @InstechInsiders or email podcasts@11fs.com.

Special Guests: Alex Allen, Anna Stables, Claire Woodcock, Colin Richardson , Nigel Walsh, and Sarah Kocianski.

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It's nearly the end of the year and we're knee-deep in good tidings. So here's a dollop of festive fintech cheer - the third installment of our special live show, After Dark, and it's the Christmas Special, recorded live at our offices in WeWork, London! Simon and the guys steer us through the top news stories from 2017 - and what a year it's been! - with help from an expert panel and an all-star cast.

First up it's January (who knew?) and Nigel Walsh, Partner at Deloitte, helps talk us through the amazing story of insurtech startup Lemonade. Into February, and Co-op Bank is up for sale. March saw a deluge of fintech and challenger bank outages, while April saw Will.i.am join Atom Bank. Alexa Fernandez, Director of Fintech Partnerships at BBVA talks us through the launch of BBVA's open banking business in May, and 'Girl, interrupted' Liz Lumley discusses the Dodd Frank repeal in June.

Listen in to hear what we covered for the second half of the year, with help from Hugo Cornejo - Head of Design at Monzo; Ben Chisell - Product Director at Starling Bank; Valentina Kristensen - Head of PR and Marketing at OakNorth; Richard Davies - Commercial Banking Director at TSB; Vic Arulchandran - COO at Nivaura; and Chad West - Head of Global Brand & Communications at Revolut.

Plus, Nigel makes Christmas dad jokes; a man in a pink unicorn onesie; Chris calls Simon a hipster; and much, much more.

Thanks to everyone who came on the night - we couldn't have done it without you.

Hope you enjoy the show and don't forget to leave us a review on iTunes! Let us know your thoughts @FintechInsiders and join the discussion by signing up at Fintech Insider News.

Special Guests: Alexa Fernandez, Ben Chisell, Chad West, Hugo Cornejo, Leda Glyptis, Liz Lumley, Nigel Walsh, Richard Davies, Sarah Kocianski, Valentina Kristensen, and Vic Arulchandran.

Links:

Starling Bank launches Marketplace, integrates with itemised receipt and rewards startup Flux | TechCrunch
FinTech Insider News
Who Needs a CSD? Nivaura to Issue First Regulated Bond in Ethereum
Revolut Launches Easiest & Fastest way to Buy Cryptocurrency
Harrods Bank sold to digital challenger Tandem
Monzo's current account is finally here, is it any good?
Bill to Erase Some Dodd-Frank Banking Rules Passes in House

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This week, Sam's joined by Rahmi Serageldin, co-founder & CEO of Honeyfi; Rob Frohwein, CEO & co-founder of Kabbage; Matt Potere, CEO of Sunlight Financial; and Alexandra Villarreal O’Rourke, Financial Services Partner and FinTech Practice Group Co-Leader at McGuireWoods LLP.

First up, the guys talk about the South East - why's Charlotte become the go-to location for fintech and what makes it such a vibrant community hub?

Alex tells us about the Carolina Fintech Hub - a non-profit group that fosters fintech in the city. Plus, why regulatory and legal can be such big barriers to fintech startups.

Is Atlanta the finance capital of the United states? Matt tells us about the Fintech Atlanta Taskforce, and why a lot people might not get what fintech really means.

With three years of experience at the Consumer Financial Protection Bureau (CFPB), Alex gives her perspective on her time there, some of the recent changes and what they'll mean for the industry.

Plus, the guys discuss how regulators can further encourage fintech startups, and why the picture differs so much internationally. Is it possible to follow the 'right and fair' approach to achieve good regulatory outcomes?

We talk through the Equifax hack, and explain why firms should assume that the information they receive is compromised before thinking about how to validate it. And do governments need to take the lead on digital IDs?

We look to 2018 - will the financial system look better for consumers? And if so, how? Sam asks whether some version of PSD2 will hit the US, how it will arrive and what the consequences will be. Plus, what can be learned from the European experience?

And to finish up this week, what will the industry look like in two years' time?

Special Guests: Alexandra Villarreal O'Rourke, Matt Potere, Rahmi Serageldin, and Rob Frohwein.

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First up this week, the guys tackle the news that Revolut is into crypto! Can they break down the divide between old and new money? And is it dangerous that retail investors have such simple access to cryptocurrencies? And, hot on the heels of Revolut, Square has been running a trial on Cash App, a rival to Venmo, that has allowed a small number of users to purchase bitcoin.

Next up, the report on the overhaul of the core banking system. And, as we at 11:FS know only too well, what a task that is! So why is it that banks need help to do it and how can they mitigate the risks involved?

The FCA has announced a successful third round of its regulatory sandbox, with 61 applications and 18 accepted into the next stage, including Curl, Bud, Nationwide and Orca.

And in a surprising twist (?), the European Commission has announced that it has extended the deadline for banks to meet new payment standards. So what are the most controversial changes and when's the new deadline?

We also bring you a special interview with New10 CEO Mark Schroder, who talks about their partnership with ABN AMRO and what it’s like to be a fintech grown within an incumbent bank.

Plus, N26 has launched a premium credit card and Liz Lumley is not impressed ("this is not news"); why America might have missed the fintech boat in India; and we couldn't let the news pass without talking about CryptoKitties.

Thanks to all our guests, and thank you for listening. Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Ghela Boskovich, Kadhim Shubber, Liz Lumley, and Sharon O'Dea.

Links:

Revolut officially announces expansion into cryptocurrency
Square is unleashing crypto onto more of its user base
THE CORE BANKING SYSTEM OVERHAULS REPORT: Why they're necessary, why most fail, and how to make them work
FCA reveals next round of successful firms in its regulatory sandbox
PSD2: Commission extends deadline for banks to meet new payment standards
N26 launches a premium debit card for ‘the digital customer,’ partners with WeWork
Why America could miss out big time on India’s fintech

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This week Jason is joined by Edward Berks, Director of Banking, Fintech & Ecosystem at Xero; Clare Sheehan, Deputy Director of Making Tax Digital for Business at HMRC; Mags Laidlaw, accountant and Partner at Mazars; and Charlie Wood from Capco, representing the fintech angle.

We discuss the changes that are coming for small businesses (SMBs), including the digitisation of tax. So how can SMBs keep up, and how can we raise the profile of the changes that are coming?

We hear why the traditional role of accountants might be changing, and why we're still going to need them in future!

Are professional services business models changing as a result of technology? And among all the change and progress, what will be the role of people and where can they really add value?

How far are we really from a set of workable tax APIs? Clare explains what HMRC are doing to streamline the process of filing returns.

And finally, what do SMBs have to look forward to in the coming years? We talk about the impact of PSD2, relationship management and where to find support.

We hope you enjoy the show - don't forget to subscribe so you never miss an episode, and we'd also love it if you could leave us a review on iTunes! Get in touch at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Charlie Wood, Clare Sheehan, Edward Berks, and Margaret Laidlaw.

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This week's very special show was recorded live at a beach party in Helsinki (no, really), hosted by Finnish bank, OP.

Jason, Simon and Sam bring you three shows in one, as we host an insights panel around the relationships between fintechs and incumbents in Scandianavia, the rise of fintech in the Nordics in particular, why payments are the most popular segment for disruption, and the rise of cashlessness in the region. The panel is made up of Finnish fintech experts, Antti-Jussi Suominen, CEO of Holvi; Jani Tierala, VP of Product at Zervant; banking and innovation expert, Marisol Menendez, Head of Innovation at BBVA and Jamie Campbell from growing UK fintech, Bud.

We also have fantastic thought pieces from Mark Pettit from Visa, Jitendra Kavethekar from Accenture, and Tashi Sylten from Tink Technology as well as interviews with Tuomas Toivenen, co-founder of Holvi and our host for the evening, Kristian Luoma, Head of OP Lab and the reason we got the opportunity to put on this amazing show.

It was an awesome party, complete with cocktails in coconuts, plenty of sand, an actual boat and Pineapple Pay! We were very privileged to be part of it.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes and make sure you check our YouTube channel for exclusive content.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Antti-Jussi Suominen, Jamie Campbell, Jani Tierala, Jitendra Kavathekar, Kristian Luoma, Marisol Menendez, Mark Pettit, Tashi Sylten, and Tuomas Toivonen.

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David is joined by Sarah Kocianski and James York to discuss insurance as a platform.

First up, James talks us through the Worry+Peace origin story, including his background in insurance, and why he strove to not take funding as the company found its feet. He also talks about why insurance is a slightly unique market, and why that warrants a different approach.

The guys take on the topic of "insurance as a platform" (with air quotes) - a "trifle of potential platforms". What is it and why has it come about? And if platforms are to take control of the customer relationship, what does that mean for the big players?

Plus, as big insurers come to terms with the wealth of data at their disposal, how might they incorporate AI to change the way that data is used? And what's the role of the highstreet in the distribution of insurance?

The guys talk discuss the structure of the insurance industry, and why the platform plays the good cop while the underwriter plays the bad cop.

Onto the news, where we tackle whether the insurance gap penalises poor households, whether big insurers are ready for the General Data Protection Regulation (GDPR), and why Amazon might pose a very real threat to incumbents.

And finally, a guest appearance from Simon Taylor as he talks to Sascha Wischek, founder and CEO of Fjuul, an app-based fitness tool, about fitness tools, Fjuul points and the power of customer data to drive healthy outcomes.

Enjoying InsurTech Insider? Tell a friend about us, get in touch at podcasts@11fs.com or on Twitter @InstechInsiders, and please leave us a review on iTunes.

Special Guests: James York, Sarah Kocianski, and Sascha Wischek.

Links:

Insurance gap penalises poor households
Insurers warned to assess data exposures ahead of GDPR
Amazon could pose a “huge threat” to insurers – Guidewire chief exec

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In this episode, Ali Paterson, Editor of Fintech Finance; Valentina Kristensen, Head of Marketing & PR at Oak North; & Tanya Andreasyan, Editor of Banking Technology join hosts David, Jason and Simon to discuss the last week's news including:

Uber's data hack and alleged payoff to the hackers to delete the data; BBVA's iris scanner for mobile phone security which opens up a debate about biometrics and security overall; and as Garmin kick off contactless payments in their watches, it kicks off in the room about card payments vs smart payments, Jason is adamant that card payments are not broken and vetoes similar stories in future.

Also, as Tencent's valuation overtakes Facebook for the first time, they discuss the contest between Tencent and Alibaba as well as its competition around the world - is Tencent a threat to the west?

They also take on the Revolut founder's latest statements around how he hires and his expectations in the work place - causing a diatribe from Valentina attacking these sentiments that earns a round of applause in the room.

They also cover: EU Passporting as Starling is accepted into the EU payments system, Barnier says Brexit could cause UK banks to lose their passports, Atom's latest fund raising and Curve makes its bank cards available to all.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Ali Paterson, Tanya Andreasyan, and Valentina Kristensen.

Links:

Uber Concealed Cyberattack That Exposed 57 Million People’s Data
BBVA to Launch Mobile Iris Scanner Through Partnership With Samsung
Garmin Goes Live with Contactless Payment Feature for Latest Smartwatch
Tencent on global path as it surpasses Facebook in valuation
EU’s Barnier Says Brexit Means Banks Lose EU Passporting
Starling takes the challenger fight to big banks with European and wholesale push
Digital challenger Atom Bank is seeking to raise millions more funding from i

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Today, David is joined by Andy Ellis, Head of Strategy & Innovation at RBS; Tunde Olanrewaju, Senior Partner at McKinsey; and Peter Ryan-Bell, Head of Sector and Specialist Businesses at RBS, recording live from the Tavern Stand at Lords Cricket Ground to talk about new ways of working.

The guys discuss how working practices are changing, and the things they're having to do to keep up, and the impact this has had on partnerships. What are the best hiring practices and how can you build the best team possible?

As the narrative has shifted to big firms that want a more digital and agile workforce, how can this be achieved with a workforce of tens of thousands? Plus, what's the changing nature of procurement and what's the importance of collaboration styles?

And of course, we ask the million dollar question - how can firms make innovation an integral part of the way they work?

We also learn about "fin-ology" and why it's important in the modern workplace. Plus, how to foster a decision-making culture and how a "free to think" session might help move your team forwards.

Special Guests: Andrew Ellis, Peter Ryan-Bell, and Tunde Olanrewaju.

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In our first all female episode, Sarah Kocianski takes the lead alongside Fiserv's Anna Bennett, Bud's Nina Mohanty, Girl Disrupted Liz Lumley and Innovate Finance's Sophie Winwood, to go through the top stories from the world of fintech and financial services in the last seven days.

Kicking off with the US' first new payment system in 40 years that seemed slightly underwhelming, especially when compared with Alibaba's spending record on China's Singles Day.

They also take on the new AI chatbot from Standard Chartered and whether or not the Apple FaceID hack was or wasn't a hoax, and are bankers right to feel sorry for millennials - and what are they going to do about it if they are?

They also discuss Zimbabwe's lack of currency and huge bitcoin surges following the deposition of Robert Mugabe, a new bank card for spending bitcoin and ethereum; how banks such as Monzo stand to make money in the wake of open banking - and finally is it right that David Davis has promised bankers special travel rights in the wake of Brexit?

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Anna Bennett, Liz Lumley, Nina Mohanty, Sarah Kocianski, and Sophie Winwood.

Links:

U.S. banks speed up with first new payment system in 40 years
Alibaba’s single day sets record with $8.4bn spent in first hour.
AI chatbot to handle customer queries at Standard Chartered from next year
Credit Suisse Says It's Time to Feel Sorry for the Millennials - Bloomberg
Zimbabwe Doesn’t Have Its Own Currency and Bitcoin Is Surging
London Block Exchange launches prepaid cryptocurrency debit card - Business Insider
Monzo's Tom Blomfield on profiting from Open Banking
David Davis discusses Brexit and the City of London - Business Insider

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Welcome to this week's Insider show, where Simon hosts a panel on the future of banking, featuring Marko Wenthin, co-founder of solarisBank; Leanne Kemp, founder and CEO at Everledger; and Elena Alfaro, Global Head of Data at BBVA.

Before getting stuck in to the detail, our expert panel discuss the current situation in banking. What are the biggest challenges and why hasn't banking kept up with the pace of technological change and the change in customer behaviour?

How are banks learning to respond to the pace of change, and why shouldn't we just focus on digitising but being truly digital? The panel also explores the evolution of the customer journey and the importance of understanding the customer context. And Elena discusses how data might unlock a truly personalised process.

Leanne delves into the importance of understanding your processes and your customers, and Marko talks about his approach to customer data. And we discuss whether machines can ever replace people in customer interactions, or whether customers will always favour a human touch.

Finally, what does the future hold for banking? What might the customer relationship look like, and who will own it? And how will we be using data and analytics? Listen in to find out!

We hope you're enjoying the show - don't forget to subscribe so you never miss an episode, and we'd also love it if you could leave us a review on iTunes! Get in touch at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Elena Alfaro, Leanne Kemp, and Marko Wenthin.

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In this episode Caroline, Pete and the guys break down a trilogy of P2P payment stories featuring Facebook, Apple and... Walmart? Meanwhile Square's Jack Dorsey is frustrated by the time it takes to get a banking license and Deutsche Bank signals the end of fiat money as we know it.

The second half of the show is almost entirely devoted to challenger banks as there were so many in the news this week! First up, Revolut apply for a European banking licence ahead of the Brexit agreements in order to not lose access to the European market, whereas N26 announce their plans to launch in the UK in 2018 with or without Brexit.

Monzo raises another £71M in VC investment while its rival Starling becomes the first mobile only bank to connect with Yolt, and ASOS and Klarna team up for a buy now pay later scheme that had a lot of people talking about whether its actually beneficial for consumers and will it ultimately cost them more in the long run?

Finally, rounding out the show is the news that Snoop Dogg's VC firm is backing a cannabis lab-testing company, ahead of the recreational cannabis market in California opening in 2018 - has he dropped this (like it's hot) just at the right time, and is he expecting a high rate of return?! All this and more in today's news show!

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Caroline Plumb and Pete Townsend.

Links:

Facebook launches p2p payments for Messenger in the UK
Apple Pay Cash launches in beta today, letting you send and receive cash in Messages
Walmart Pay Threatens to Surpass Apple in U.S. Mobile Payments
Walmart makes silly claim that Walmart Pay is about to overtake Apple Pay | 9to5Mac
Square’s Jack Dorsey: We’re moving as fast as we can with bank application
DEUTSCHE BANK: End of fiat money
Revolut applies for European banking license ahead of Brexit
N26 is launching its bank in the UK in 2018

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We have a fascinating interview for you this week as Sam talks to Amber Baldet, who leads the J.P Morgan team developing Quorum, the open source code based on Ethereum that's designed to address the challenges of blockchain adoption in financial services.

We hear how Amber and the team have approached developing an open source code base from a highly regulated institution and how they've approached the blockchain community.

We also talk about the importance of a transformation agenda and getting to the heart of clients' pain points. Plus, where does Amber rub shoulders with Vitalik Buterin and Brian Armstrong?

Amber explains how and why "actual adoption of projects is what we really need what it comes to blockchain right now."

So what distinguishes DLT from machine learning, AI and data science, and why are network coordination and marketplace understanding so important?

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Amber Baldet.

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Welcome to an extra special episode of Fintech Insider - our 150th episode and it's a Halloween-themed show recorded in front of a live studio audience at our home in WeWork, London. Simon, David and Jason are joined by Valentina Kristensen, Head of Marketing at Oak North; Charlie Wood from Capco; Monty Munford, Journalist for titles such as Forbes, The Telegraph, The BBC and The Economist; and Jeremy Burge, the founder of Emojipedia.

Straight on to the news and the guys discuss why Monzo has become a chat up line in London's bars and how maybe it's all to do with their sense of community. Plus, Britain's fintech boom has pushed finance trademarks to a record high. So where will new fintech company names come from?

With reports this week that people trust Amazon almost as much as they trust their bank, we discuss just how close tech firms have got with their customers, and what that might mean for banking in future. Find out who our live audience trusts most. After Dark wasn't going to pass without talking about ICOs - so do they meet William Bernstein's four criteria for a 'bubble'?

No live recording is complete without a good feature, so we have a bit of audience participation in Trick or Treat: Celebrity ICO & crypto endorsements, including Bono, Dwayne "The Rock" Johnson, and many more. Plus, the hotly anticipated return of the Fintech Wall of Emoji, introduced by the authority on Emoji interpretation, and Chief Emoji Officer, Jeremy Burge, and featuring Jamie Dimon vs bitcoin, iPhone X and "being the Uber of...".

The guys also discuss SMBs; gender equality in banking and further afield; the Uber credit card; and Amazon Alexa's rib-tickling sense of humour.

We had a fantastic night an we hope you did too - thanks to everyone who came to party with us, you made the night.

Hope you enjoy the show and don't forget to leave us a review on iTunes! Let us know your thoughts @FintechInsiders or find us at podcasts@11fs.com.

Special Guests: Charlie Wood, Monty Munford, and Valentina Kristensen.

Links:

The bank that's apparently so cool it has become a chat up line in London's bars

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This week David talks to Liesbeth about MoneYou, an online European retail bank and subsidiary of ABN Amro. We hear the MoneYou story, including its innovative roots in mortgages and how they added more products and services to evolve with customers across the Netherlands, Belgium, Austria and Germany.

Liesbeth explains MoneYou's the importance of their pioneering mentality and their target market, including their focus on empowering customers to be in control of their finances. Plus, how MoneYou engage with millennials to shape their products.

David and Liesbeth are joined by Eric to explore the partnership between MoneYou and Bankable. We learn about Bankable's vision to create digital subsidiaries and why they're perceived as the friendliest fintech for incumbents.

So how have MoneYou and Bankable made innovation a part of their identity? We also discuss how the best way to compete is to focus on your customers instead of competitors. And what does the future hold for Bankable?

Plus: number one productivity tips (should it really be ctrl+A and delete?); the power of saying no; how to build superstar teams and keep them motivated; the strength of diversity; and best career advice.

Hope you enjoy the show and don't forget to leave us a review on iTunes! Let us know your thoughts @FintechInsiders or find us at podcasts@11fs.com.

Special Guests: Eric Mouilleron and Liesbeth Rigter.

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We had such a great time at Xerocon 2017 and spoke to so many interesting people that we couldn't possibly give you just one episode. So here's part two, including interviews with Edward Berks, Director of Sales, Banking and Fintech at Xero, Ian Christie, CEO at Boma Technologies, Margaret Laidlaw, Partner at Mazars, Mark Sykes, Partner at BDO and Anna Curzon, Chief Partner Officer at Xero.

First on today's show, David chats to Ed about Xerocon, the Xero community and their app ecosystem.

We also hear from Ian about his background in advertising and marketing, and how that experience led to Boma - using machine learning in content creation.

Next up, David speaks to Margaret at Mazars about how fintechs and SMEs have presented new challenges and new ways of working.

Mark Sykes, head of BDODrive, talks to David about how they help businesses of all sizes to make effective decisions and how Xero help them to focus on the right information.

And finally, we hear from Anna about why she has the best job as Chief Partner Officer and how Xero are rewiring economies. Plus, why are small businesses so important to the world's economies?

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Anna Curzon, Edward Berks, Ian Christie, Margaret Laidlaw, and Mark Sykes.

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Sam welcomes us into the Fintech Insider flat, our temporary base while we explored this year's Sibos conference, hosted by SWIFT. He's joined by some fantastic guests - Mike Sigal from 500 FinTechs (part of 500 Startups), Dion Lisle from CapGemini, Jo Lang from IBM, and April Rudin from The Rudin Group - to talk about the state of Canadian fintech.

First, the guys talk about the conference circuit and discuss their standout experiences of Sibos, including Sam's interview with Brad Garlinghouse, CEO at Ripple. We hear how Innotribe started out, and how it's evolved since then. Plus, which topics pulled the biggest crowds; how did distributed ledger technology (DLT) fare at Sibos; and why describing yourself as "the Uber of..." might just make you a moron!

Are the prices in the payments industry on a race to zero? And why might banks be struggling to bank fintechs? We also hear why some fintech Blockchain "experts" might be talking, um, nonsense, and what might have been the secret to Stripe's success?

And it's no surprise that we're talking about Jamie Dimon's views on Blockchain and Bitcoin once more. Think he's spot on or way off? Let us know! Plus, why talking ICOs might make Sam shoot himself. Despite that, we do speculate about the future of cryptocurrencies.

The guys talk asset management, how spending patterns have changed across generations, and the transfer of wealth. Also, how have data and ethics impacted investment decisions?

Special Guests: April Rudin, Dion Lisle, Jo Lang, and Mike Sigal.

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The guys start this week's show by tackling the Revolut founder and CEO Nikolay Storonsky's divisive view on work culture. Should employees be comfortable working 12-13 hours per day and does it make for a sustainable business? And more broadly, does this story hint at a wider issue in the fintech sector?

We also discuss the Lessons Learned report from the FCA Regulatory Sandbox, which allows innovative firms to carry out live testing. We talk about what proportion of firms received investment, whether applicants, like many things, are London-centric, and why distributed ledger technology (DLT) was so popular. Plus, why are startups using DLT being denied banking services?

Monzo and Starling have both moved closer to payments integration. But are services like Android Pay and Apple Pay building a significant following, or are they just a good news story for the mobile banks?

Facebook Messenger has added P2P payments capability - but is PayPal still useful? And why doesn't David Brear make for a good sample population?

The guys discuss the partnerships that Alipay has secured to continue expanding its reach in the US. And do members of boards at big firms really have the right digital experience to lead through technological change?

N26 have decided to make the brave move of entering the US market by mid-2018; so when will other be following them? The team also talk about how N26 has marketed the benefits of network effects; and the source of regulators' fear at losing control of monetary policy.

Plus, the Poppy Appeal has gone contactless; UAE appoints the first Minister for Artificial Intelligence (and why AI is red, red, red hot); childrens' financial education via Digipigi; and why the Bank of England has spent £3000 on Snapchat to promote the new £10 note.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Kadhim Shubber and Sharon O'Dea.

Links:

Our culture is 'about getting s**t done': The Revolut founder on why his people work 12-13 hours a day
Tech workers worry about age discrimination at age 40: Study
📄📄📄 The FCA Regulatory sandbox lessons learned report
Monzo and Starling take bigger steps towards payment integration
Monzo – Android Pay is Here!
Fitbit pay arrives with Starling Bank!

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Jason and Simon are joined by Erik Edin, Product Manager in the Business Team, helping businesses to send money abroad; Helena Jaramillo, Product Designer, focussing on first-time customer experiences; Jeremy Buttner, Borderless Banking Lead; and Steve Naudé, Head of Middle East and Africa Banking, bringing the Transferwise experience to customers.

We hear how Transferwise serve their customers, who their customers are, and how they’ve created a transparent charging structure for sending money abroad. Plus, why Transferwise see themselves as a financial company, and how they work with banks around the world.

We also hear how securing direct access to the Faster Payments System (FPS) in the UK allowed Transferwise to create the best customer experience, and how working with the regulator in Singapore to enable online KYC.

Transferwise talk us through their approach to marketing, and why transparency is so important (they’ll tell their customers when a competitor is cheaper!). Plus, the team explain the importance of partnerships in helping other firms get to grips with PSD2 and open banking.

We also discuss future products, phase two of Transferwise and focussing on their niche. Plus, the Transferwise view on cryptocurrencies and the why it’s important to engage legal and compliance from the get-go.

Special Guests: Erik Edin, Helena Jaramillo, Jeremy Buttner , and Steve Naudé.

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This week's special edition of Fintech Insider Insights was recorded live at Xerocon 2017 from London's Excel Centre. David hosts a panel on Frictionless Finance, discussing how technology is lowering barriers to entry and we hear how the panelists are tackling friction in finance.

David talks to Caroline about Fluidly's intelligent cashflow technology and her experience at Xerocon, plus we hear from Shachar about the problem that Curve is trying to solve, connecting all cards and accounts in one app, using one card. Next up, Colin talks to us about iwoca, an online lender specialising in small businesses, and about his background in Strategy. Plus, how a partnership with Xero has fueled iwoca's growth and why Xerocon is so important to them. Stewart Roberts explains how iZettle is changing the way small businesses take payments, as well as all the things they can do after that point.

Back on the panel, how does a big bank keep up with its customers' needs and why is it all about connecting people? David also asks about the big pain points for small businesses and some of the solutions, including the importance of saving time, how automation can provide that all-important peace of mind and why it's all about discovery and accessibility.

And there's more - the challenges and opportunities created by open banking; how data will be used in the future; Brexit (you knew it would crop up...);the responsibility of running a marketplace; and where will SME banking be in ten years' time?

Enjoy the show! Spread the word, tell all your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Caroline Plumb, Colin Goldstein, Niall Cameron, Shachar Bialick, and Stewart Roberts.

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In a special news show this week, Sam Maule hosts all the way from Toronto, Canada, where the team have been covering the Sibos conference.

The guys have another chance to discuss open banking and APIs, hot topics at Sibos this year; why value generation is seen as one of the biggest challenges posed; and how partnerships with fintech firms will help banks to find those important new sources of revenue.

Sam also covers the complicated relationship between Swift, the Sibos organisers, and Blockchain at the same time that Ripple was hosting Swell, a competing event right across town.

Sticking with the Blockchain theme, we talk about Bank of Canada's Sibos announcement that they're looking into applying Blockchain technology to the securities market.

And in keeping with our location, we cover the launch of Marqeta, a payment processing platform, in Canada next month, and discuss why their Just-in-Time, or JIT, technology is a big draw for firms.

And fintech's still hot! Or at least, that's what the latest figures on financial deals tell us. But which are the hottest prospects? And how might Wall Street defend its position against Silicon Valley?

The guys round off this week's show with a look at the state of Canadian fintech.

Hope you enjoy the show and don't forget to leave us a review on iTunes! Let us know your thoughts @FintechInsiders or find us at podcasts@11fs.com.

Special Guests: Barb MacLean, Dan Eberhard, Kris Hansen, and Zac Cohen.

Links:

Sibos 2017: API or the highway
Sibos Highlights Swift's Complicated Relationship With Blockchain
Bank of Canada exploring blockchain technology for securities
Payment Processor Platform Marqeta to Launch in Canada Next Month
It Was a Busy Quarter for Deals in Fintech

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This week, Nigel’s fresh off the back of InsureTech Connect in Las Vegas – the largest gathering of the insurance technology world on the planet! This year, attendance jumped to 3,800 - congratulations, guys, we look forward to next time.

While there, Nigel caught up with Darin Reffitt, Vice President of Marketing at Splice Software, which combines art and science to create stronger customer connections. Nigel and Darin explore the rise of voice and speech-to-speech technologies and emotionally relevant customer messages.

Next up, Nigel meets Quentin Colmant, co-Founder of Qover, providing real-time insurance via open APIs. We hear how their solution allows customers to start selling insurance in five minutes.

Nigel also talks to Tim Hardcastle, CEO of Instanda, a platform for insurance providers to improve product delivery. Tim talks about the lessons he’s learnt, through the dotcom boom to starting Instanda in 2012, and how the established insurers are responding to insurtech start-ups. Plus, is insurance really no different from any other consumer market?

We hear from Chris Cheatham, founder and CEO of Risk Genius, whose mission is to organise the world’s insurance policy information. Chris tells us why the insurance world doesn’t really know what’s in its insurance policies and how Risk Genius is tackling the problem.

And finally, Nigel sits down with Caribou Honig, Chairman and cofounder of InsureTech Connect, and cofounder of QED Investors. Caribou explains why right now might just be the most exciting time to be in insurtech. We also ask: how can incumbents evolve and is the centre ground of insurtech shifting between Europe and the US?

Enjoying InsurTech Insider? Tell a friend about us, get in touch at podcasts@11fs.com or on Twitter @InstechInsiders, and please leave us a review on iTunes.

Special Guests: Caribou Honig, Chris Cheatham, Darin Reffitt, Nigel Walsh, Quentin Colmant, and Tim Hardcastle.

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On this episode, Jason talks to: Gavin Littlejohn, Chair of the Financial Data and Technology Association that led the campaign for open banking; Mike Kelly, founder and CEO of Curl; Anita Kimber, Head of Open Banking and Innovation at Nationwide; and Matt Cox, Head of Insight and Innovation at Nationwide.

We get under the skin of the second Payment Services Directive (PSD2) to ask where did it come from? Our team of experts takes us back to the beginning to explore the genesis of PSD2 in payments and account aggregation, and how this has evolved into today's regulation.

Jason asks how PSD2 is progressing in the UK and how its being implemented. And is PSD2 a threat or an opportunity for incumbents? We discuss the big challenges to implementing PDS2 and how registration for start-ups will work.

What do consumers make of open banking and how can firms illustrate solid use cases to communicate with them? Looking forwards, we ask how the upcoming GDPR legislation will interact with PSD2.

Listen in for all this and much more on the challenges, opportunities and consequences of PSD2.

Special Guests: Anita Kimber, Gavin Littlejohn, Matt Cox, and Mike Kelly.

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What a show we have for you this week and it's a week of firsts - MJ's first time in the hot seat to host the show - on her own, no less - and our very own Benedict Shegog from the 11:FS Pulse team makes his Fintech Insider debut.

So what's coming up on the show? David Cameron's back in business! US payments business, that is. The guys discuss his credentials for the job and why he might be acting like a Kardashian.

Have we seen the end of the banking heyday? And why might ex-Barclays boss Antony Jenkins be saying so? We also hear about Russian bitcoin bros and Putin's views on cryptocurrencies, suggesting that Russia's central bank may be next in line to introduce regulation.

We also caught up with Adam Dodds from Freetrade.io, the challenger stock broker, who shared their exciting news about achieving full FCA authorisation, and told us about their journey on the road to disrupting the stock trading industry.

The team discuss Venezuela's reliance on cash and how it's stoking inflation. And how on earth will China give citizens a score based on their trustworthiness? Should they? Will they?

Also on today's show: Monzo fending off one takeover offer per month; Starling's latest app feature; Zopa building a new bank; Zazu crowdfunding a digital bank; and why it's finally been shown that Siri is a simpleton!

Enjoy the show! Spread the word, tell all your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Benedict Shegog, Charlie Wood, Liz Lumley, and Sarah Kocianski.

Links:

David Cameron takes job with US electronic payments firm
Ex-Barclays boss Antony Jenkins: the heyday of banking will never return
Russia’s Putin sounds alarm over risks of cryptocurrencies
Putin And Ethereum: A Match Made In Fintech
Venezuela has too much money but not nearly enough cash
The Chinese government wants to give every citizen a score based on their trustworthiness
London fintech star Monzo is fending off one takeover offer each month

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We hear about Niall's journey to Head of Institutional and Digital at one of the world's biggest banks, including his career highlight, how to stay productive (make lists!) and the best career advice he's ever received.

David asks how to find focus and prioritise in a growing digital landscape and we hear why equipping employees with the right digital skills is crucial.

Niall tells us about the exciting developments in Utility Settlement Coin (USC), a fiat-backed digital currency, and how the relationship between fintech companies and established firms is evolving.

Plus, how HSBC approach their work with fintech companies, why they're easier to engage with than bigger players, and how can we possibly keep up with the pace of change?

Enjoy the show, leave us a review on iTunes and tell all your friends! Get in touch and join the conversation @FintechInsiders or head over to podcasts@11fs.com.

Special Guest: Niall Cameron.

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First up on this week's episode, Sam talks to Ron Herman, founder and CEO at Sionic Mobile, an Atlanta cloud-based connected commerce platform company. Sam explores their work on a connected in-car gateway, beacons and how brands can leverage their presence.

Next, Sam talks to Michael Crawford from Fifth Third Bank. Michael explains Momentum, Fifth Third's new app to tackle student loan debt, and why the regional bank chose to get into fintech. They also explore Fifth Third's 'skateboard' approach to building out a product and why they set up a project team of millennials.

Hope you enjoy the show and don't forget to leave us a review on iTunes! Let us know your thoughts @FintechInsiders or find us at podcasts@11fs.com.

Special Guests: Michael Crawford and Ron Herman.

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David's representing 11:FS without the other guys this week, but he's not alone as he's joined by Bianca Lopes, Sarah Kocianski, and Jamie Campbell to power through another packed show.

First up, and straight off the back of our appearance at XeroCon, we cover Curve's partnership with Xero. Hit or miss? Let us know what you think. The team discusses Starling's launch of Business Accounts - yet another string to their bow - and has the Brexit vote hit Tandem's ability to raise money?

The guys talk about two stories on Atom - contrasting their £42m loss last year to the increase in their deposits over £900m. And we discuss whether pensioners are being penalised for saving too much.

Are consumers comfortable sharing their financial data and, if not, could the news derail the open banking revolution? Meanwhile, HSBC gets the jump on other large UK banks, announcing a new app to link customer accounts.

Plus...Aviva invest in Wealthify, real-time payments on two continents, yet more news on Equifax, and a cryptocurrency for Ghostface Killah.

Find all these stories and much, much more over at fintechinsidernews.com. Sign up to join the discussion, spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Bianca Lopes, Jamie Campbell, and Sarah Kocianski.

Links:

Curve partners Xero to automate expenses
Business Accounts with Starling Bank
Tandem's 2016 accounts: Brexit blamed for trouble raising money - Business Insider
Atom Bank lost 42m last year | The Times
Atom Bank passes £900 million in deposits - Business Insider
Pensioners stung with £46,332 tax bill for saving too much
Two thirds of consumers don't want to share financial data in blow to 'open banking' revolution
HSBC's Beta app allowing customers to link accounts | This is Money

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In this episode, Jason Bates interviews Rod Drury, finding out about his multi-skilled and impressive background which ultimately led to him founding Xero in 2006.

We asked about how in his view, Xero is transforming the space for SMBs and accountants, and whether he sees Xero as a disrupter in the space. They also discuss Xero's platform, data and partnership, opportunities post PSD2 and their relationships with banks.

All this comes ahead of Xero's flagship event, Xerocon, the London leg of the event that kicked off this week, and we get Rod's view on that, and how he always envisioned Xero being a globally recognised brand.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guest: Rod Drury.

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In this episode:

We talk hacks, hacks and more hacks as the team take on the fallout from the Deloitte hack, the Equifax boss steps down after their hack, and CBS' Showtime gets hacked with code making user's computers mine cryptocurrency in the background as they watched their favourite shows... Phew!

They also discuss more traditional Fintech Insider news stories including: Starling's latest funding round, Monzo's new integrations and Alipay's latest partnerships, this time in Scandinavia. And finally... a family of raccoons shut down a Toronto bank - you heard it here first.

All that and more on today's show.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Andra Sonea and Valentina Kristensen.

Links:

Monzo tests in-app energy provider switching feature
Challenger bank Starling aims to fly with £40m fundraising - Sky News
W3C Payment Request API is Being Implemented in All Major Browsers | ProgrammableWeb
Alipay strikes more overseas partnerships - Business Insider
Aussie banks scrap ATM fees
Deloitte hit by cyber-attack revealing clients’ secret emails | Business | The Guardian
CBS's Showtime caught mining crypto-coins in viewers' web browsers • The Register
Equifax Boss leaves after data breach
'Payment by vein' trialled in supermarket
Boffins take biometric logins to heart
A family of raccoons has shut down a Toronto bank

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Simon is joined by Pete Townsend founder and CEO of Norio Ventures, and Chris Mills from KPMG's Investment Management team.

Today's show aims to shine a light onto Asset Management, an industry that is ripe for disruption and yet it is slightly overlooked.

Simon starts from the very beginning: what is asset management? How does it work? And who are Asset Managers' clients?

The guys rattle through the very basics to make asset management real and accessible before taking a look at topical queries such as why and how is the market ready for disruption? What does the future look like for asset management and how will fintech products influence this.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Chris Mills and Pete Townsend.

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In this episode:

We have a live audience, a later start than usual and plenty to drink as we dive into the week's most topical stories.

First up: digital technology making financial struggles more manageable, how are the underserved or the financially unstable being catered to with fintech?, Is cash still king? And which countries are leading the race to go cashless first?

We have shoutouts to our sister podcasts, InsurTech Insider - as we hear from Nigel Walsh on the top 5 changes insurers "must" make - and Blockchain Insider, as YC announces its bid to let investors invest in their startups via blockchain - is blockchain going mainstream?

We get into a discussion of gender inequality in fintech, Google's mobile payments debut in India and that Equifax hack.

Additionally with the help of our audience, we curated the first ever Fintech Wall of Emoji - what topics and trends did we rate and hate?

All this and more on this week's very special Fintech Insider News!

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders and follow us on Facebook.

Special Guests: Jamie Campbell, Liz Lumley, Nigel Walsh, and Sarah Kocianski.

Links:

Digital technology can make financial struggles easier to manage
The surprising place where cash is going extinct
Do or die: 5 changes insurers must make now
YC wants to let people invest in its startups through the blockchain – TechCrunch
Stats on gender balance in UK fintech: sector 71% male - Business Insider
Google debuts Tez, a mobile payments app for India | TechCrunch
Equifax Suffered a Hack Almost Five Months Earlier Than the Date It Disclosed - Bloomberg
I love this story. South Park Mercilessly Pranked Viewers' Amazon Echos

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In this episode, Sam Maule hosts a roundtable discussion about the state of fintech, banking and financial services in America right now.

He is joined by special guests: Matt Harris, MD of Bain Venture Capital, Margaux Avedisian, EVP at Transform Group, Robert Barba, Senior Banking and Fintech Writer and Analyst at Bankrate, Inc., and Laura Spiekerman, co-fouder of Alloy.

Between them they cover:

The state of VC, is it a bubble? Will it burst?

The state of crypto currency and ICOs

The state of compliance

The state of the media in relation to financial services, banking and fintech

Thanks to all our guests for taking part!

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes.

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders.

Special Guests: Laura Spiekerman , Margaux Avedisian, Matt Harris, and Robert Barba.

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In this episode:

David and Simon are joined by the FT Alphaville's Kadhim Shubber, Fidor's Sophie Guibaud and Pete Townsend of Norio Ventures to discuss the top news stories of the last week.

First up we discuss THAT Apple launch, how Apple's P2P capabilities are a little underwhelming, how Venmo's attempt to fight back against Apple Pay involves a very ugly debit card, and sticking with the theme we discuss Zelle's P2P mobile payments app that recently launched and what it means when banks club together to innovate.

They also discuss whether fintech really is the fastest growing industry in the US, what it means for Jamie Dimon to slam bitcoin, is he just wrong or is it a distraction to cover up something else?

Finally, they take on Monzo letting their customers decide fees for using ATMs abroad, whether 30% of bank jobs will be gone in 5 years as the CEO of Pandit claimed, and ANZ's restructuring to create 150 "startups", it sounds like nonsense but are they the first traditional bank to really understand how to be agile?

Also on the show we have an exclusive interview with digital receipting startup Flux alongside Megan Cawood of Starling, all about their recent partnership and launch on Starling's Marketplace.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes!

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders.

Special Guests: Kadhim Shubber, Matty Cusden-Ross, Megan Caywood, Pete Townsend, Sophie Guibaud, and Veronique Barbosa.

Links:

iOS 11: Apple Pay Just Got Easier | Money
Apple suffers embarrassing demo Face ID fail at iPhone X launch
Venmo is offering users an (ugly) physical debit card | TechCrunch
Fintech: The Fastest Growing Industry in the U.S. - theMReport.com
Starling Bank launches Marketplace, integrates with itemised receipt and rewards startup Flux | TechCrunch
Jamie Dimon Slams Bitcoin as a ‘Fraud’ - Bloomberg
Robots finds a welcome reception among China’s finance and tax services | South China Morning Post

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In this episode:

Jason asks Stephen about his financial services and legal background, how that adds to his current role, and what the Treasury do.

He also asks him what his views are on fintech in general and UK fintech in particular, and what it means to the man on the street to enable them with their financial management and give them better services. He also highlights how fintech is changing the reputation of banking for the better.

He also discusses the government's role in assisting and enabling the industry, and the uncertainty around Brexit for the industry, especially around attracting and hiring talent outside of the UK, and finally they discuss what fintechs can do for the government, and vice versa.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes!

If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders.

Special Guest: Stephen Barclay.

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In this episode,

Author, speaker and fintech guru Dave Birch joins David, Jason and Simon for the news, alongside Richard Davies, formerly of HSBC, about to start at TSB.

We also hear from Alison Rose of RBS at their Entrepreneurial Spark event.

This week they discuss what Google's banking app might look like; First Direct repositioning itself because great customer service is no longer a differentiator; is India really overtaking China in fintech adoption?

What's the truth behind the "big number" Deutsche Bank staff being replaced by robots, according to their CEO? And could this have been publicised better?

As Portugal bans large cash payments we discuss stashes, hoards and how big is the Shadow Economy? As ING promotes itsme in Belgium they discuss who do we trust most with our data? AliPay Smile launches in China proving that electronic face recognition is better than humans and the perfect marketing strategy vis innovation that has been executed here.

And finally, following Sam Maule's lead, which song matches these stories best? Check out our Spotify playlist to listen to the ones the team chose and see if you agree! https://open.spotify.com/user/11fs/playlist/4JGfsBeULjw5xHf16zStCO

As always, find all the news stories in this episode and many more at fintechinsidernews.com, follow us on Facebook, and don't forget to subscribe so you never miss an episode and we'd also love it if you could leave us a review on iTunes!

Special Guests: Dave Birch and Richard Davies.

Links:

Google Bank Application Concept on Behance.
First Direct repositions as it admits customer service is no longer a differentiator
Report says India is about to overtake China's fintech
China’s fintech firms eye overseas IPOs to fund growth as regulations tighten at home | South China Morning Post
Deutsche Bank boss says 'big number' will be replaced by robots
Portugal bans cash payments of >EUR 3k
It’s not you, it's me! | ING
Alipay 'Smile to Pay' tech comes to Chinese KFC

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In this episode:

David and Nigel are joined by three fantastic guests: Jean-Stephane Gourevich, professional advisor and InsurTech guru, Luca Schnettler founder of Healthy-Health and Erik Abrahamsson, CEO and founder of Digital Fineprint.

We kick things off with a debate about how the data economy disrupting the insurance sector and creating new product/business models and what that means for InsurTech and both our guests' companies.

They discuss: the importance of collaboration and the value of personal data; millennials' view on data sharing - is it as laissez-faire as we believe?; and the impact regulation may have on insurtech when it comes.

In the news section they talk through £218M investment in insurtech in H1 2017 alone and what this means for the industry, drone footage analysis to help insurers; greater European Insurtech partnerships as a result of Brexit, and the bizarre correlation between insurance claims and the Great British Bakeoff!

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes! If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @instechinsider.

Special Guests: Erik Abrahamsson, Jean-Stephane Gourevitch, Luca Schnettler, and Nigel Walsh.

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In this episode:

Monty Munford and Sarah Kocianski join Jason Bates, Simon Taylor and David Brear for this week's news show.

They discuss how cultural fit might be hurting Fintech Companies and how banks should be working with Fintechs. Whether phone keyboards the gateway to smoother payments or should we also just be using Amazon Cash instead? Canadians get into the personalised banking game and the podcast crew take on Whoppercoin. All this and healthy dose of stories from Monty on this weeks Fintech Insider News.

Special Guests: Monty Munford and Sarah Kocianski.

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In today’s episode we’re shining a light on new, smaller startups in the fintech industry as Meaghan Johnson interviews Caroline Plumb, founder of Fluidly, a new fintech startup - transforming the way businesses plan and manage their money, launching this October.

Later on she also speak to Jonathan Lister and Jasper Martens, CTO and VP of Marketing at PensionBee, which aims to make pensions simpler and accessible to all by easily combining all your old pensions into one new online plan.

Don’t forget to subscribe to the podcast so you never miss an episode. If you want to get in touch you can find us on our Fintech Insider Facebook page or follow us on Twitter @FintechInsiders.

Thanks for listening!

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In this episode:

Sam Maule is joined by David Brear, Jason Bates and Simon Taylor for this week's news show.

They discuss: the possibility of US banks making a massive profit if deregulation goes ahead, and at what cost to the consumers?; Co-op Bank's stake falls to just 1%, what happens to the 4M loyal customers who buy into Co-op's ideals if only 1% is still managed by them?; As Barclays allowed customers to make payments via Siri is this actual innovation from them? And is this a huge step forward in accessibility to banking for the handicapped?

They also talk through TransferWise's next funding raise and how they properly "get" marketing, Google and Walmart team up to take on Amazon, N26's first 500k customers, and how porn can be an innovative force in banking.

Also, if all these news stories were a song, which song would they be? See if you agree with the team's suggestions.

Links:

Big U.S. Banks Could See Profit Jump 20% With Deregulation - Bloomberg
CO-OP stake in bank falls to 1%
Barclays bank now lets customers make payments via Siri | 9to5Mac
TransferWise lines up investment round
Jack Ma-backed Yunfeng Financial buys Asia unit of MassMutual for US$1.7 billion | South China Morning Post
Fintech trade body chief steps down
Google and Walmart Partner With Eye on Amazon - The New York Times
Prodigy Finance raises $240 million from Index Ventures, Balderton - Business Insider
N26 now has 500,000 customers for its bank of the future | TechCrunch
Toronto Receives its First Ethereum ATMs

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In this episode:

Beth tells Simon what the OCC is and what it does, with particular reference to the American dual-banking system and how she became a part of it.

We also find out what the OCC is doing to embrace and promote financial innovation and the challenge of balancing that with regulation.

To find out more about Beth and the work of the OCC, visit OCC.gov, or email innovation@occ.treas.gov

We hope you're enjoying the show - don't forget to subscribe so you never miss an episode, find all the news stories and many more at fintechinsidernews.com, follow us on Facebook, and we'd also love it if you could leave us a review on iTunes!

Special Guest: Beth Knickerbocker.

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In another packed episode we have a full house of hosts as David, Jason and Simon are joined by global fintech commentator and Girl, Disrupted, Liz Lumley; Editor-in-Chief of Fintech Finance, Ali Paterson; and Capco's Principal Consultant, Charlie Wood.

The team discuss WhatsApp adding payment features; First Direct coming consistently top of a customer service poll, and the bigger banks always come last - we discuss if there's a correlation between the size of the bank and their market share and the poor quality of customer service? (are you bad when you're big?); and most topically, what responsibility does PayPal have over KKK donations via their service? And how do you find a middle ground between censoring free speech and social responsibility?

They also take on start up shopping; retraining and up-skilling versus job cutting; pocket money startups; and turning trash into tokens in Amsterdam.

We also have an interview with James Lloyd, Asia-Pacific Fintech Leader at EY, all about the Chinese fintech and Alipay stories that have been making headlines this week.

Special Guests: Ali Paterson, Charlie Wood, James Lloyd, and Liz Lumley.

Links:

WhatsApp to introduce payments feature » Banking Technology
RBS bottom in our banking customer service poll as First Direct remains top
OakNorth's loan book continues to grow exponentially
PayPal escalates the tech industry’s war on white supremacy
Apple, Up 38% in 2017, Left Trailing by Alibaba, Tencent - Bloomberg
Alipay partners with Yelp to continue its pursuit of Chinese tourist money | TechCrunch
Can WeChat Thrive in the United States?
Fintech CEO says tech giants like IBM may go on M&A ‘shopping spree’ for start-ups in 2018

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In this episode:

Megan Caywood, Chief Platform Officer, Jason Maude, Head of Customer Analytics and Sarah Guha, Product Director at Starling are joined by David Brear and Simon Taylor for a round table discussion about all things Starling Bank!

Megan, Sarah and Jason fill us in on what Starling Bank does right now and it's aim to be the best current account in the industry. They also talk about the beginning of their global expansion, their start up mentality, their total focus on innovation and improvement, and the hurdles of rapid scaling.

They also discuss their Marketplace product and some key partnerships as part of that, and how they're making a head start on PSD2.

For more information visit StarlingBank.com or follow them on Twitter @StarlingBank.

We hope you're enjoying the show - don't forget to subscribe so you never miss an episode, and we'd also love it if you could leave us a review on iTunes!

Special Guests: Jason Maude, Megan Caywood, and Sarah Guha.

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In this episode:

In an episode packed full of guests and news, we kick off with Tandem's takeover of Harrods bank - where did they get the money and what's their next move? Next up is Australia's latest move to make bitcoin an official currency as they continue to fight to become a leader in blockchain, and is bitcoin the key to Chinese investment?

Are Monzo the friendliest bank in Britain as yet again they reap praise from open, honest and prompt user communications following another outage. Are SoftBank vying to become the first investor to fund multiple world dominating companies? Are they the best at spotting new unicorns?

They also talk Chinese giants - WeChat and Alipay as Chinese banks look to regulate fintechs, and is data the new oil? Reliable data that can be shared, is the new commodity companies want in on.

And finally, what is ethical hacking?

All this and more in this week's show.

We hope you’re enjoying FinTech Insider – don’t forget to tell a friend about us and please leave us a review on iTunes.

Special Guests: Andrew Ellis, Sameer Chishty, and Sarah Kocianski.

Links:

Tandem Bank acquire Harrods Bank! | Fintech Finance
Lawmakers Want to See Bitcoin Become an Official Currency in Australia - CoinDesk
Traditional banks still standing despite fintech revolution - The Scotsman
Monzo CEO apologies for 'unacceptable' outages and tells customers to carry a backup card - Business Insider
A running list of SoftBank's tech investments - Business Insider
People’s Bank of China Has Fintech on Its Mind
Master’s Degree Final Major Project: Theoretical Design Improvements and new Concepts — Monzo.
Banks to fintech talent: No need for Shoreditch switch
How Flutterwave wants to change payments in Africa - Jul. 31, 2017

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In this episode:

Meaghan Johnson interview Phillip Keller and Harley Morlet, CEO and co-founder of Tail respectively. Tail is a rewards platform designed for open banking APIs. Tail provides exclusive offers for Starling and Monzo card holders such as cash back on purchases made with their Starling or Monzo cards and other offers such as discounts on dining out.

We ask them about Tail's origin story, what the main pain points were with getting off the ground and what their future plans are. We also ask them what they think the future holds with open banking and which challengers they'd most like to work with next.

We hope you’re enjoying FinTech Insider – don’t forget to tell a friend about us and please leave us a review on iTunes.

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In this episode

David and Nigel discuss the latest news and trends in insurtech, including the trend of "serial disruptors" - talent moving away from incumbents to create start ups to fix issues with incumbents' services, as TechCrunch runs more insurtech stories lately, is this the start of insurtech going mainstream?

They also talk drone insurance and are smart helmets the new frontier of insurtech? And the personalisation of data and risk to ensure that people are not tarred by tied stereotypes, such as young male drivers being more unreliable than any other demographic.

Additionally, as Brolly raise over £1M in funding, we have an interview with their CEO Phoebe Hugh to discuss the latest innovations at Brolly and what they're looking to do longterm.

Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes!

Special Guests: Nigel Walsh and Phoebe Hugh.

Links:

With $4 million in funding, Kin wants to change how homeowners get insured | TechCrunch
Earnings Call Roundup: Insurance CEOs Say Change Is Coming
VCs love insurance, even if you don’t | TechCrunch
Startups want to change what you insure and how you insure it | TechCrunch
The New Frontier Of Insurtech: Smart Helmets That Protect Your Wallet
InsurTech Futures: Allianz partners with start-up Flock on drone insurance - Insurance Age

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In this episode:

First up: Amazon is everywhere, should banks be concerned?, and is Amazon more of a threat than Trump? They also talk AI as RBC launches Siri bill paying functionality and USAA launches a pilot on Alexa. Klarna launches P2P product, Wavy, a rival to ABN AMRO's Tikkie but they have 'Pan-European' capabilities that could make them more influential.

Alipay's European expansion continues, and the team discuss the scale of growth in Asia, as South Korean bank Kakao gains 800,000 customers in 4 days and it's not viewed as especially notable. They also debate the potential post-Brexit banking exodus and the wider impact of that on the British economy.

And finally, as Andy Murray supposedly invests in Revolut, we talk about the impact of celebrity endorsement on fintechs.

Special Guests: Andra Sonea and Tanya Andreasyan.

Links:

Executives Are More Worried About Amazon Than Trump Setbacks - Bloomberg
RBC customers can now ask Siri to pay their bills
USAA pilots conversational AI on Amazon Alexa
Finsync connects with Worldpay US
Klarna launches a peer-to-peer payment app called Wavy – TechCrunch
Ingenico extends Alipay acceptance to banks and acquirers in Europe
Bitcoin splits, but clone off to slow start
Apple sales boosted by apps and music - BBC News
Kakao Bank attracts 800,000 accounts in 4 days
Oliver Wyman report on Brexit and banks - Business Insider
The Brexit-effect on banking pay
Watchdog calls for 'fundamental reform' of overdraft charges

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In this episode:

David interviews Robert Churcher, the author of the Financial Wellness Report and they discuss the growing challenges of financial wellness in today's climate, and the importance of education to help people understand their current financial position, their long term goals and how to achieve them. Advice is also critical, particularly contextual advice that is relative to an individual to help them independently manage their finances and to have confidence in investing.

They discuss what the future will look like, especially for young professionals and the different products and services available to them.

For further information read the report in full: http://www.pwc.co.uk/financial-services/fintech/assets/boosting-young-professionals-financial-wellness.pdf

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In this episode:

We bring you the highlights from an event we attended, organised by NFI, in Scandinavia, where we heard from co-founders and CEOs from some of the most up and coming fintech firms, including Bud, Solaris and Clear Bank, and our very own NED, Chris Skinner.

Guests:

Edward Maslaveckas - CEO and co-founder, Bud

Marko Wenthin - Board Member, Solaris

Nick Ogden - Executive Chairman, ClearBank

Chris Skinner - Non-Executive Director, 11:FS

We hope you’re enjoying FinTech Insider – don’t forget to tell a friend about us and please leave us a review on iTunes.

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In this episode:

The team discuss: Revolut's massive crowd-funding pledges - but what will they do with the money?; Musk vs Zuckerberg on the future of AI; Transferwise's team-up with Apple Pay; and alternative credit scoring as Aire get a deal with Zopa.

We also have an exclusive interview with Innovate Finance’s CFO, Abdul Haseeb Basit about their H1 Fintech Investment report.

We also talk more bad news for Lloyds as they are forced to pay yet another fine; is too much reliance on consumer credit taking us into the next recession?; and finally, Sweden's government leaks critical information of nearly the entire country.

You can find all of these stories and more over at fintechinsidernews.com, sign up now to join the discussion!

We hope you’re enjoying FinTech Insider – don’t forget to tell a friend about us and please leave us a review on iTunes.

Special Guest: Sarah Kocianski.

Links:

Revolut - Beyond Banking
SEC deems DAO tokens and ICOs as securities
Google launches its own AI Studio to foster machine intelligence startups | TechCrunch
Musk and Zuckerberg clash over future of AI - BBC News
Goldman Sachs is pulling back from trading America's hottest investment product - Business Insider
Singapore Startup Takes Bitcoin Into Real World With Visa - Bloomberg
The H1 2017 VC FinTech Investment Landscape - Innovate Finance – The Voice of Global FinTech
Credit scoring startup Aire raises $5m; wins Zopa deal
Lloyds to pay back customers £300m in compensation for mortgage arrears errors
Bank of England warns more defences may be needed against consumer credit
Margaret Meehan: We need FinTech to help us handle pension pots - The Scotsman

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In this episode:

David Brear interviews Tim Schaefer about his 29 years at Northwestern Mutual, starting as an entry level, programmer, all the way up to his current role as EVP.

Tim takes us through how Northwestern Mutual are embracing technological and cultural changes, team structures and digital products to establish excellence in the space, all tied to driving great customer experience.

We hope you’re enjoying FinTech Insider – don’t forget to tell a friend about us and please leave us a review on iTunes.

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In this episode: We bring you the highlights from The Next Web Conference 2017 in Amsterdam, where we spoke to some fantastic guests – including actual royalty – Prince Constantijn of the Netherlands, who speaks to Aden Davies about his new role as a special envoy for StartUpDelta2020.

Additionally we have Max Brenssell, International Associate at n26 on their plans for expansion to the UK, followed by Ben Hammersley, of Wired about his views on AI and the impact it’ll have on the jobs market; Boris Veldhuijzen van Zanten CEO and co-founder of this very event, TNW 2017, talking about The Next Web and what we can look forward to in 2018, followed by Marc Teerlink Chief Business strategist at IBM.

Aden also chats Reshma Sohoni, Co-founder of Seedcamp straight offstage from giving her speech, and Kathryn Myronuk the Synthesis & Convergence Faculty Lead at Singularity University discussing the fantastic work that they do.

Guests: * Max Brenssell – N26 – International Associate * Ben Hammersley – Wired – Futurist & Writer * Boris Veldhuijzen van Zanten – TNW – CEO and co-founder * Marc Teerlink – IBM – Chief Business strategist * Prince Constantijn of the Netherlands – Startup Delta – Special Envoy * Reshma Sahoni – Co-Founder & Partner – Seedcamp * Kathryn Myronuk – Synthesis & Convergence Faculty Lead – Singularity University

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Special Guests: Ben Hammersley, Boris Veldhuijzen van Zanten, Marc Teerlink, and Reshma Sohoni.

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In this episode: David, Jason and Simon are joined for this week’s show by news show regulars Liz Lumley and Kadhim Shubber.

First up Jason guides the team through recent current account announcements from both Monzo and Starling – are they the hipsters of fintech?, Are they racing each other to release products?, and is there not room enough in the industry for both? They myth-bust the “tech-focus” of BNY Mellon’s new CEO; why “tech” is the tag everyone seems to covet – but saying it does not make it so; Kadhim introduces everyone to Shingy (shingy.com) and was the FCA’s faulty currency convertor tools deliberate or an honest mistake?

As Barclays start giving away BPay bands for free they debate whether wearable alternatives to wallets are really a thing? And if they are, should you pay for them?

David also chats with David Geale of the FCA on their latest cohort for the regulatory sandbox.

Guests: * Elizabeth Lumley FinTech commentator & Author of girl-disrupted.com * Kadhim Shubber, Reporter at Financial Times * David Geale – Director of Policy, FCA

News this week: 1. Finextra – Monzo taking it slowly as first limited-edition current accounts come onstream- Link 2. Starling Bank YouTube – Starling goes live with Apple Pay – Link 3. Finextra – Paypal partners with Samsung Pay – Link 4. Bloomberg – BNY Mellon appoints tech-focused Charles Scharf as its CEO – Link 5. Finextra – FCA issues warning over misleading currency converter tools – Link 6. Business Insider – Ratesetter has £80m of loans go bad – Link 7. City AM – Barclays to give away “BPay” bands for free – Link 8. FT – Tech “start-ups” raise $1.3Bn from “ICOs”

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In this episode Jason Bates and David Brear interview Mariano Belinky, Managing Partner of Santander InnoVentures and Shachar Bialick, CEO of Curve, following the announcement last week of Santander’s recent investment in Curve, in an expansion of their growing fintech portfolio.

They discuss how InnoVentures fits into Santander’s digital approach, and what the investment of Curve and two other fintechs brings them, the longterm business plan of Curve and how Santander’s investment will help them achieve this.

They also talk APIs, open banking and what our guests’ views on upcoming PSD2 directives are.

Find out more about Santander InnoVentures here and Curve at imaginecurve.com

Learn more about Mariano by connecting on LinkedIn or follow him on Twitter, and you can also find Shachar on LinkedIn or on Twitter.

We hope you’re enjoying FinTech Insider – don’t forget to tell a friend about us and please leave us a review on iTunes.

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Special Guests: Mariano Belinky and Shachar Bialick.

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InsurTech Insider is a new show in the 11Media network, hosted by David Brear and co-host Nigel Walsh, of Deloitte, dedicated to all things insurtech.

In Nigel’s words “there’s no better time to be in insurance” – and both he, David and their special guests will take you through the trends, changes and news stories, and the new startups, disruptors and technology in the insurance industry right now.

Fittingly for our very first episode, the guys discuss exactly what is InsurTech? Is it just “fintech’s little brother” – or so much more than that? We find out the 101.

They also discuss how much data is too much?; the importance of incumbent and insurtech relationships, the education of customers, and the overall shift in the industry from price and product to value and service.

Guests: * Nigel Walsh – partner at Deloitte, with focus on InsurTech, Technology Transformation and Digital * Ben Green – Digital Director, Tock Insurance * Freddy McNamara – CEO and Founder of Cuvva.

Keep an eye out for Episode 2, coming soon!

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Special Guests: Ben Green, Freddy Macnamara, and Nigel Walsh.

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In this episode In a fun packed episode, David is joined by regular guest Ghela Boskovich, alongside Edward Maslaveckas, Jeff Tijssen and Gabrielle Inzirillo, who made her Fintech Insider debut, having only just stepped off the Eurostar from Paris.

The team discuss whether or not cash transactions are dying out in the UK thanks to the convenience of contactless payments – (1/3 of all card transactions are now contactless) – and the UK’s reduction in reliance on credit cards overall. Conversely, on the other side of the pond the US are now “hooked on credit”, is this the result of glamorous loyalty programmes or poor financial education?

They also debate whether or not the UK cares about challenger banks; what the implications are of Stripe going after the Chinese market with integration of Alipay; US’s reluctance to adopt APIs; Revolut’s move to take on the Asian market following major investment; and how freaked out you’d be if your ATM started sending you handwritten messages, along with much more.

Guests * Ghela Boskovich – Founder and Global Ambassador, FemTech * Edward Maslaveckas – CEO and Co-founder, Bud * Jeff Tijssen – Head of Fintech and Partnerships, Capco * Gabrielle Inzirillo – Founding Member, BNP Paribas, Plug and Play

News this week

Business Insider – UK card payments overtake cash, but less bought on credit – Link –
Business Insider – America is hooked on credit cards — and it’s pretty clear why – Link
Finextra – Brits unmoved by new digital challengers – Link
Guardian – Lloyds Bank brings in single overdraft rate in radical shake-up – Link
Tech Crunch – Confirmed: London fintech Curve raises $10M Series A – Link
Business Insider – Worldpay shares drop sharply after it agrees a £9.1 billion deal with Vantiv –

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In this episode Jason Bates interviews Laurent le Moal, CEO of PayU, the leading online payments provider, dedicated to growth markets, at Money20/20 Europe in Copenhagen.

PayU’s primary focus is to help merchants accept payments and they operate in a wide range countries around the world including India, Latin America, Turkey and Russia. Laurent tells us that PayU currently manage an incredible 250 different ways to accept payments – including globally recognised cards, regional payment schemes, bank based accounts, legacy systems based on cash. Their focus being on digital transactions and they process 60% of all e-commerce transactions in India alone.

Laurent and Jason discuss PayU’s existing huge market share and their plans for expansion into further digital payment products to serve consumers based around credit scoring in less developed countries. They also debate fintech changes and developments worldwide and where the trends are coming from, and where to watch for future investment opportunities.

For more information on Laurent, connect with him on Twitter or LinkedIn or check out PayU.

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Special Guest: Laurent Le Moal.

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In this episode: We bring you the second roundup of highlights from Money20/20 Europe in Copenhagen.

We caught up with some fascinating guests, speakers and interviewees; starting with the founder of Moola and ITV’s resident Money Expert, Gemma Godfrey, who chatted to Simon about Moola – the online investment services she founded to help people invest their money easily and intuitively, and her time as an adviser to Arnold Schwarzernegger on The Celebrity Apprentice USA. Jason then catches up with Marko and Nigel from Solaris who give us an exclusive announcement of their new partnership; followed by Jaidev Janardana, the CEO of Zopa who discusses Zopa’s expansion from P2P lending to marketplace lending, and the company’s overall evolution since its launch in 2005.

Jason also speaks to Jack Harris of Wirecard, a German-based company who collaborate with start ups and fintechs to empower them using Wirecard’s own banking licence; Jack tells Jason about their plans for future development and their global aspirations. Next up, Simon chats to Amy Neal from Mastercard about their engagement with startups and the 6 new startups they’ve just partnered with, including Tonetag who are introducing sound-based contactless payments. Finally, Meaghan interviews Pranay Jain, CEO of Enterprise Bot who are revolutionising customer service using AI to humanise response systems.

Guests: * Gemma Godfrey – Founder, Moola and ITV’s Money Expert * Marko Wethin – Board Member, Solaris * Jaidev Janarnada – CEO, Zopa * Jack Harris – Vice President, Financial Institutions & Fintech, Wirecard * Amy Neal – VP and Senior Business Lead, Mastercard * Pranay Jain – CEO, Enterprise Bot

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Special Guests: Amy Neale, Gemma Godfrey, Jack Harris, Jaidev Janardana, Marko Wenthin, and Pranay Jain.

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In this episode David and Simon are joined by regular Sarah Kocianski, and RFi and Sky News Australia’s Chloe James, who makes her Fintech Insider debut, for this week’s news.

First up, they discuss the pros and cons of “screen-scraping” – do banks only want open banking on their terms and to pick and choose the bits of it they want?; is it right that challengers only get one representative at the Open Banking Initiative- and is Atom really a challenger bank?; and is a CIO title unnecessary? You can’t innovate in a silo, it needs to go company wide, nor can one person or department “own” innovation, that only creates turf wars.

There are also strong views on the ‘culture of harassment’ for women in tech as reported by the New York Times and how sad it is that this culture already permeates an industry that’s so young. The necessity of speaking up to shatter unconscious bias in the industry is paramount.

They also take on Danske Bank’s pocket money app to allow parents the ability to digitise pocket money for their children and have an online overview of what they do with it – could this be a key to improved financial education for children?

The team also reflect on the ‘changing of the guard’ at Tesco Bank as their CEO steps down after 10 years; on MBank putting themselves forward as a template for others as they licence their tech platform, and on Tide’s $14M raise from the same backers as Spotify – can they now live up to their hype of being the “Monzo of business”?

Guests * Sarah Kocianski, Senior Research Analyst Fintech at Business Insider UK * Chloe James – Group Media Director – RFi Group & Presenter at Sky News Australia

News this week 1. Finextra – EBA rejects Commission amendments on screen scraping under PSD2 – Link 2. Open Banking – Atom Bank CEO Joins Open Banking Initiative As Challenger Bank Representative – Link 3. Finextra – HSBC hires Diana Biggs to lead business model innovation – Link 4. Bloomberg – Tesco Bank Says Chief Executive Higgins to Retire Next Year – Link 5. Techcrunch – Curve now lets you ‘go back in time’ and switch the card you paid with retroactively – Link 6. FinTech Insider News – Poland’s mBank to license tech platfor

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In this episode From last week’s magnificent Money20/20 Europe, Jason interviews Rita Liu, Head of Alipay (Europe, the Middle East and Africa), the world’s largest mobile and online payments platform since 2014, and Simon catches up with Edward Budd, Managing Director and Chief Digital Officer of Global Transaction Banking at Deutsche Bank.

Rita tells us about the European expansion of Alipay, and the innovations in fintech coming from China and the Asian market; and some of the new, cool initiatives from Ant Financial and Alipay, including carbon saving monitoring, (e.g. paperless payments), resulting in Alipay planting trees once you reach a certain threshold.

She also explains Alipay’s ethos in relation to testing and creating new products at scale, and partnerships with retailers to grow Alipay’s use and exposure in Europe.

Edward Budd tells Simon about Deutsche Bank’s digital trade opportunities, opening up the market for new clients, and new market segments. Their particular focus currently is on small business owners and international trade between them, drawing on collaboration between multiple banks to serve an existing but underserved segment to help improve the dedicated financial services for this sector.

Edward goes onto explain how experimentation is important to Deutsche bank, and changing up traditional business model from the top down to change culture and leadership in order to innovate.

Find out more from Rita at Alipay.com, connect with her on LinkedIn, or follow her on Twitter.

Learn more about Edward by: DB.com or connect with him on LinkedIn.

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In this episode: We bring you the highlights from last week’s amazing event at Money20/20 Europe in beautiful Copenhagen.

We caught up with some fascinating guests, speakers and interviewees including: Derek White from BBVA speaking to Simon about open platforms, APIs and customer input in development of new products; Jason interviews Andrew and Tac from JCB International; and Bill Gajda, SVP at VISA announcing their partnership with Klarna; and Simon catches up with Bianca Lopes, SVP of BioConnect, about data privacy, online identification and online reputation management.

Next up, Simon chats to Aaron Phethean from Temenos about their software, marketplace partnerships and scalability with fintechs and incumbents; followed by Eugene Danilkis the CEO of Mambu, the SaaS banking software provider. David interviews Don Ginsel, the founder of Holland Fintech, ahead of Money20/2o Europe going to Amsterdam next year; and finally Meaghan talks to Lav Odorović, CEO of Penta.

Guests: * Derek White – Creating, BBVA * Andrew Doukanaris – SVP, Sales & Marketing, JCB International (Europe) Ltd * Tac Watanabe – EVP, Brand Infrastructure & Technologies, JCB Co., Ltd. * Bill Gajda – SVP, Innovation and Strategic Partnerships at Visa * Bianca Lopes – Vice President Business Development & Strategic Marketing, BioConnect * Aaron Phethean – MarketPlace Director at Temenos * Eugene Danilkis – Co-Founder & CEO at Mambu * Don Ginsel – Founder, Holland Fintech * Lav Odorović – Co-founder & CEO, Penta

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In this episode We bring you our first ever live podcast, recorded in front of a live audience at Money20/20 Europe, Copenhagen.

With all four of our regular hosts, David Brear, Jason Bates, Simon Taylor and Chris Skinner, plus six fantastic guests from the world of fintech and banking (and previous podcasts), they discuss the latest news and stories with additional audience interaction, including:

Goldman Sachs’ lending business hitting its first $1bn mark, is this a good thing or is it old news?, the pros and cons of card use and card readers vs smartphone points of sale – as pioneered by Jack Dorsey’s Square; and the merits of Will.i.am as an advisor to Atom Bank and personification of their market sector, which opens up discussion of who other banks would be if they were a pop star.

We also hear Starling’s own Megan Cawood on their European expansion and Simon and Ajit lead the audience into a cryptocurrency Q&A explaining the Ethereum “flash crash” and what this means for Ethereum’s future, and cryptocurrency in general, and they attempt to address the same old question: is it a bubble, should I hold or sell?

Guests * Ali Patterson – Editor in Chief, FinTech Finance * Leda Glyptis – Chief Innovation Officer, Qatar National Bank * Meaghan Johnson – Co-founder and Director of Research at 11:FS * Jamie Campbell – Head of Awareness at Bud * Ajit Tripathi – Director, Fintech and Digital Banking, PWC * Megan Caywood – Chief Platform Officer, Starling Bank

News this week 1. Business Insider – Goldman Sachs’ new online lending business has already hit a $1 billion milestone – Link 2. Financial Review – Square gets green light to take on banks with ‘PIN on glass’ mobile technology – Link 3. Tech City News -Will.i.am reveals why he became an advisor to UK FinTech startup Atom Bank – Link 4. Venture Beat – Stripe refocuses European effort with 6 new markets and expanded payments platform – Link 5. Tech Crunch – Starling Bank passports to Europe, first stop Ireland – Link 6. CNBC &#

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In this episode David is joined by the multi-talented Jonathan Larsen, who is simultaneously CIO of Ping An, based in Hong Kong and CEO of their Global Voyager Fund.

The Global Voyager Fund is a $1billion fund for investment in global fintech, and Jonathan and his team ensure that via this fund they have access to the best innovation around the globe and the best partnerships opportunities.

He discusses the impact of financial innovation in China and the enormous opportunities for scalability that China offers, unlike anywhere else. Equally, he tells us about the international opportunities that have arisen from this, reversing the flow of technological advancement from China to the rest of the world whereas previously the flow was going in the opposite direction. The biggest opportunity in China is fintech for healthcare but this is also branching out worldwide with platforms sponsored by the Global Voyager Fund, such as gooddoctor.com the “uber of doctors”.

Jonathan also shares with us his visions for the future where businesses are information led and data is the biggest asset, meaning companies are no longer tied into one fixed industry.

Want to know more? Check out Ping An, or connect with Jonathan on LinkedIn.

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In this episode Simon interviews Ali Niknam, CEO of Bunq, who firstly, tells us all about where the name Bunq came from, what the brand name means and stands for, and how important that is to the company ethos and their overall mantra of being “the bank of the free”.

Bunq is a small company with big ambitions for geographic expansion and scalability; Ali tells us that control and ownership is so important to them (they do not outsource their development); and he deliberately chose to run a small team to deliver the best quality products and experience for the end user. It is also part of Bunq’s USP that they take on user feedback when developing their products and are not afraid to experiment, for example they were first bank in the world to try face recognition software.

Ali also explains Bunq’s target market and customer demographics, and the Bunq service-orientated business model, in essence: “not making money with money”.

Want to know more? Check out Bunq.com, follow them on Twitter, or connect with Ali on LinkedIn.

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In this episode We have a whole host of hosts as David, Jason, Simon and Aden are joined by Mariano Belinky and Jamie Campbell for the news.

This week in a European-led section of the show the team discuss Swedish giant Klarna getting it’s official banking licence to begin delivering financial services, Spain’s first fully digital bank, European “robo advice”, and the European Central Bank demanding declaration of all cyber security breaches.

It’s raining money in Durham as Atom gets a further £30 million investment from the government, and why did Will.i.am became an advisor to Atom – and does it work?

Additionally, they also take on the Barclays execs’ fraud charges during the financial crisis in 2008, ahead of their hearing next week; and an equally political story on the other side of the pond: Elizabeth Warren’s attempts to remove 12 Wells Fargo board members.

Finally, the guys also discuss whether PayPal are right to dismiss the Apple Pay challenge; and the impact of two thirds of the world’s population now having mobile phone access and what does that mean for digital innovation?

Guests * Mariano Belinky – Managing Partner at Santander InnoVentures * Jamie Campbell – Head of Awareness at Bud

News this week 1. Techcrunch – Klarna gets a full banking license, gears up to go beyond financing payments – Link 2. Techcrunch – Monese adds Direct Debits to become even more like a regular bank account – Link 3. Banking Tech – Spain’s first fully digital bank Openbank in major transformation – Link 4. Bloomberg – Barclays and Four Former Execs Charged Over Qatar Probe – Link 5. CNBC – Sen. Elizabeth Warren calls for removal of 12 Wells Fargo board members – Link 6. Business Insider – BlackRock gets into European ‘robo advice’ as it leads €30 million investment in Scalable Capital – Link 7. Business Insider – Atom Bank gets £30 million from the government as Philip Hammond pledges investment boost –

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In this episode Simon interviews Nathan Bostock, CEO of Santander UK.

Nathan explains how Santander is embracing the tech changes facing the banking industry, and the shifting customer behaviours in their interactions with the bank with the help of digital innovation.

He also tells us that digital innovation evolves around good customer service so Santander tries maintain “customer-centricity” in all it does, to drive its customer experience forward, and that hiring strong digital talent is so important to them to help them achieve this.

Nathan also tells us that the Santander company ethos and mindset is that of a challenger, not an incumbent, so they are always looking for opportunities for innovation that can challenge the status quo, while simultaneously taking customer data security very seriously. One key opportunity for innovation is that of partnership with fintech companies and Nathan explains the success of their partnership with small business lending company, Kabbage.

Want to know more? Visit http://www.santander.co.uk/uk/index or https://uk.kabbage.com/

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In this episode: We bring you the highlights from the RFI global banking summit where we were lucky enough to speak to a variety of different guests, on a range of topics.

First up, Aden spoke with Louise Beaumont, Co-Chair at Open Bank Working Group, to talk about all things open banking, before he dived into a chat with regular FinTech Insider guest Ghela Boskovich.

Later on he chats to Luis Rodriguez, VP Strands Lab and Ricky Knox, founder of Tandem.

Later on, Simon Taylor takes the reigns as he chats with Mike Kelly, the Founder of Curl, Jesse McWaters of the World Economic Forum, Charles Green, CEO of RFi Group, the host of the event, and Yarrick, CEO of NBank.

Guests: * Louise Beaumont – Co chair, Open Bank Working Group * Luis Rodriguez, VP Strands Labs * Ghela Boskovich * Ricky Knox – founder of Tandem * Mike Kelly – Founder of Curl * Jesse McWaters – Financial Innovation Lead, The World Economic Forum * Charles Green – Founder and Group CEO RFi

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Special Guest: Ghela Boskovich.

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In this episode David is back! He and Aden are joined by regulars Liz and Sarah for the news.

This week the team take on The FCA’s cohort 3 and reveals cohort 2 for their sandbox; Amazon flexing it’s financial services muscles; and the “demise of a fintech darling” as Monetise is to be acquired by Fiserv for £70million, when it was previously valued at £2billion.

They also ask “what the hell is Zelle?” – the instant transfer app taking the US by storm, a key rival of Venmo, a product of six banks working together with 86million instantly available customers, it looks set to make big waves. The team also tackle Uber upheavals, and the ongoing sexism disputes threatening to tear the company apart, leaving it currently without a CEO, CTO or COO – is this the beginning of the end for them? Even if it’s not, being the “Uber of banking” may no longer be a thing to aspire to.

They also discuss what is the future for the small town bank branches and is honesty the best policy?, as Monzo sends out open communications explaining the need to verify 20,000 customer accounts or else to shut them down.

And finally… Potcoin Dennis Rodman and North Korea – is this a movie waiting to happen?

Guests * Sarah Kocianski, Senior Research Analyst Fintech at Business Insider UK * Elizabeth Lumley FinTech commentator & Author of girl-disrupted.com

News this week 1. FCA – Financial Conduct Authority provides update on regulatory sandbox – Link 2. Reuters – Amazon lent $1 billion to merchants to boost sales on its marketplace Link 3. Finextra – Fiserv to acquire Monitise for £70 million – Link 4. New York Times – Cash Faces a new challenger in Zelle, A mobile banking service Link 5. BizJournals – Bank of America launches new high-tech financial centers around U.S Link 6. The Guardian – As we wave goodbye to cash, ATMs have had to get a whole lot smarter Link 7. Finextra – Monzo may have to freeze some accounts under new money laundering rules – Link 8. The FT – Deutsche Bank wealth arm targets Asia super-rich Link 9. New York Times

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In this episode Jason interviews Daphne de Kluis, CEO of commercial banking at ABN AMRO, the Dutch banking giant.

Speaking at the Beyond Banking event in Amsterdam, Daphne and Jason discuss the importance of the event to enhance co-creation between partners, external clients, and customers to shape the future of banking and products. She believes in the importance of asking clients for their feedback and what they want from their bank to create more collaborative development that allows ABN AMRO to reach beyond the boundaries of the traditional bank and offer better customer service. They discuss the value of entrepreneurship and ABN AMRO’s ongoing efforts to change the company culture to challenge their employees to think outside the box and work more like entrepreneurs, no small feat in such a giant organisation!

Jason also asks her for her views on fintech and challenger banks – does she see them as a threat? They also discuss her thoughts on digitisation in banking – is it almost complete or barely begun?, ABN AMRO’s route to innovation and how talent is always key priority.

Want to know more? Reach out to Daphne via the ABN AMRO website, or connect with her on LinkedIn.

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In this episode Simon and Aden are joined by regulars Ghela and Sarah for the news.

This week we discuss all things politics on both sides of the pond, especially THAT Dodd Frank legislation repeal proposed by Trump, that seems to have flown slightly under the radar while we were all looking the other way, watching Comey’s testimony- and what this would mean for banks and their customers if it happens. Also on the table is the UK election result and the potential “Brexit dilemma”: other European fintech hubs could take the talent and budget away from London – will London fight back?

They also tackle whether it’s possible for incumbents to ever truly become fintech firms, or will innovation always get bogged down in middle management? On the flipside is Coinbase, who has just achieved unicorn status with their latest valuation – is it a game-changer to have a cryptocurrency firm inducted into unicornland?

The team also debate whether it’s a big deal that Apple have announced a peer-to-peer payment service, to compete with Venmo; and with Atom postponing the launch of their current accounts, are they struggling to be truly digital? Additionally they all agree that Ant Financial is a beast but it is not yet a bank, can it successfully make the switch?

Finally, how do we feel about Australia’s attempt to rename its currency the Dollarydoo – and can the change of a currency’s name affect it’s worth?

Guests * Ghela Boskovich * Sarah Kocianski, Senior Research Analyst Fintech at Business Insider UK

News this week 1. 1. Politics! Trump and Comey, Dodd Frank legislation repeals, and the UK election result. 2. Recode – Apple just announced its own Venmo competitor built into iMessage – Link 3. Atom postpones current account launch – Link 4. The Telegraph – Aviva eyeing AI and big data in bid to become fintech firm – Link 5. Coin Telegraph – Coinbase Valued at $1 Bln, Could Target More Aggressive Global Expansion – Link 6. Nikkei Asian Review – Ant Financial seen becoming world’s top consumer bank – Link 7. Polish fintech companies face Brexit dilemma – Link 8. Marketwatch – A petition to call Australia’s currency ‘the Dollarydoo’ has 50,000 signatures –

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In this episode Jason and Simon catch up with ABN AMRO’s Freek de Steenwinkel & Roland Booijen, and Ali Niknam, CEO of Dutch challenger bank, Bunq to discuss traditional banking vs challenger banks and fintech in the Netherlands. Are fintechs competing with incumbents or assisting incumbents?

They find out how our guests feel about hackathons, hiring developer talent, APIs and the up-coming PSD2 directive. They also discuss regulations, compliance and new product development, in particular ABN AMRO’s Tikkie – an easy-to-use payment management tool, allowing peer to peer transfers via WhatsApp.

Freek, Roland and Ali also give their predictions on the future of the Dutch fintech market as a whole, and its impact on existing banks and financial products.

Guests * Freek de Steenwinkel – Lead Product owner Tikkie (ABN AMRO) * Roland Booijen – Director of Digital Strategy & Innovation – ABN AMRO * Ali Niknam – CEO of Bunq

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In this episode

David interviews Paul Lipman, CEO of Bullguard, the consumer cyber security experts. Following very topical compromises of ransomware around the world, Paul explains how Bullguard are always fighting a constant battle with the “bad guys” to stay ahead of cyber threats to protect their customers across all their devices.

We learn how institutions are still too reliant on old software, exposing their vulnerability and that “patching up” fixes are not enough. Paul reminds us that any software can be hacked and that cyber security education across all businesses and industries is paramount as often it’s us humans that let the side down, no matter how secure the internal systems are!

Paul also discusses his new product, Dojo by Bullguard, a smart home security solution that is designed to protect all your smart devices in the home from being compromised and inadvertently sharing your data to unwanted third parties; and the Dojo Pebble, a notification device that updates you on the data security of your home and lets you know in real time if any threats are found.

Want to know more? Read all about Bullguard and the Dojo product on their website or follow Paul on Twitter.

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In this episode In the third of our three part Blockchain Special, Simon and Colin are joined by some very special guests to discuss EEA, ZCash and the potential similarities between blockchain and the rise of cryptocurrencies and the dot-com bubble in the 90s, and asks the question: “Why should we be paying attention?”. They also debate the anonymity of blockchain and user privacy; and centralisation vs decentralisation in blockchain APIs – do we still need the middle man?

In the second half they discuss highly topical news stories such as the EU’s pledge to invest in blockchain research and Theresa May’s proposal for greater internet security and access to public data – is she asking for the impossible?

Like what you heard? Look out for Blockchain Insider – a dedicated podcast to all things blockchain, coming soon!

Guests * Jack Gavigan – COO at Z-Cash (The Zerocoin Electric Coin Company) * Alex Batlin – Co-Founder at Enterprise Ethereum Alliance and Global Head of Emerging Business & Technology and Global Blockchain Lead at BNY Mellon

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In this episode Aden and Simon are joined by regulars Kadhim and Liz for the news. This week we find out if it’s really necessary to use VR in banking; and, as ATMs are dying and costing banks to run, we discuss the pros and cons of hard cash versus digital transactions – and the various reasons why people are still keen on cash.

We also myth-bust the theory that consumers are less trusting of robots or AI for banking and money movements than they would be for major surgery; and if it’s true Google can track what you’re buying online and offline via your credit card purchases – and how do we feel about this? Finally, the team debate the importance of big banks and banking regulators beginning to pay attention to fintech, and why Chicago should be a fintech hub, but isn’t.

Guests * Elizabeth Lumley FinTech commentator & Author of girl-disrupted.com * Kadhim Shubber, Reporter at Financial Times

News this week 1. Finextra – BNP Paribas jumps into virtual reality – Link 2. Finextra – Bank of America preps data sharing service – Link 3. Finextra – Dutch banks bid to manage falling cash use through joint ATM network – Link 4. HSBC partners with AI startup to combat money laundering – Link 5. Bloomberg – HSBC Discovers Consumers Trust Robots for Surgery Over Savings – Link 6. MIT Techreview – Google Now Tracks Your Credit Card Purchases and Connects Them to Its Online Profile of You – Link 7. President of the ECB talks Fintech – Link 8. Sydney Morning Herald – China’s P2P lending market 24x bigger than the US fintech lending market – Link 9. Coindesk – India’s ‘BankChain’ Consortium Launches Blockchain KYC System – Link 10. Chicago should be a fintech hub but wh

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In this episode We welcome back Valentin Stalf, CEO of N26 back to the show. Simon spends some time to catch up with Valentin on N26’s growth and how they’ve forged ahead expanding to new countries. Valentin talks about what is needed to be done to enter the UK market.

We cover N26’s growing pains related to cyber security, Valentin’s approach to countering it and using bug bounty programs to create a sustained defence. We talk to advantages of digital on boarding and what the future looks like for N26 and open API’s. We then find out what it’s like to be a young CEO and how to stay productive while having the world on your shoulders.

You can follow Valentin on Twitter here and learn more about N26 on their website.

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In this episode

Part 2 of our Blockchain Special, Simon and Colin with a roster of fascinating guests focus on the recent Consensus conference. We cover what the conference is, who should be attending and where it means to the industry. We give you a crash course on the difference between cryptocurrencies and DLT, what the main impacts ledger technology will have on banks and what is causing the major spikes in crypto currency prices right now.

Stay tuned in for our final part next week.

Guests * Ghela Boskovich * Ajit Tripathi, Director, Fintech and Digital Banking at PwC * Jeremy Millar, Chief Of Staff at ConsenSys

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Special Guest: Ghela Boskovich.

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In this episode David, Jason and Simon jump into the news accompanied by Richard Davies. This week borderless bank accounts, can your voice be secure and we make Simon talk Apple pay.

We also have interviews from Transferwise, Seedrs and Pensionbee to cover their big announcements this week.

Guests * Richard Davies Global Head of Propositions at HSBC * Joe Cross General Manager at Transferwise * Jeff Lynn CEO at Seedrs * Romina Savova CEO at Pensionbee

News this week 1. Techcrunch – TransferWise launches ‘Borderless’ account for businesses, sole traders and freelancers – Link 2. BBC fools HSBC voice recognition security system – Link 3. Apple Pay now supports higher value transactions at most UK contactless tills – Link 4. American Banker – If banks wait for APIs to be mandated, it will be too late – Link 5. British firm Seedrs plans a secondary market for crowd-funded shares – Link 6. afr.com – How Pocketbook went from a Sydney spreadsheet to a fintech with 300,000 users – Link 7. PensionsBee partners with Revolut 8. Crypto craziness! A story on it all going off! 9. Reuters – BofA, HSBC, Intel, others invest $107 mln in blockchain startup R3 – Link

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For this very special edition of Fintech Insider Interviews, Simon had the chance to talk to Christopher Giancarlo, Acting Chairman of the CFTC.

Christopher walks us through what the CFTC is and how they differ from the SEC. He talks about how the CTFC are trying to foster new innovation through their LabCFTC initiative.

LabCFTC is an effort to become an early adopter regulator looking into applications of machine learning, AI, DLT and Blockchain technologies being applied to regulatory challenges.

Christopher speaks to Simon about the value of new technology and what an updated regulatory environment could look like going forward.

Want more of Christopher? You can follow him on Twitter here. You can find out more about the CFTC on their website.

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In this episode As crypto currency interest and prices reach an all time high Simon and Colin bring you the first of a three part special on Blockchain. We delve into the hurricane of news that surfaced this week talking all time high prices, Bitcoin’s effect on national security and the CFTC’s foray into the blockchain.

In our second half tokens and ICO’s are on the table as we explain what exactly an ICO is, what tokens are, what industries are reacting and why you should be paying attention.

Keep an eye out for part 2 next week!

Guests * Kadhim Shubber, Reporter at Financial Times * Euros Evans

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In this episode Jason, Simon and Andra are joined by Myke and Liz for the news. We find out if bitcoin to blame for ransomware, whether consumers actually want to cut the banks out of loans. Everyone debates why anyone would want to buy the Co-Op. Jason commits a vile podcast sin and will Google be your next bank?

Guests * Elizabeth Lumley FinTech commentator & Author of girl-disrupted.com * Myke Hurley Co-Founder at Relay FM

News this week 1. BBC News – Massive ransomware infection hits computers in 99 countries – Link 2. The Register – After years of warnings, mobile network hackers exploit SS7 flaws to drain bank accounts – Link 3. Business Insider – Zopa becomes the first of the ‘Big 3’ peer-to-peer lenders to be authorised by the City watchdog – Link 4. Business Insider – Startup bank Tandem cuts headcount after funding setback – Link 5. City AM – Virgin Money walks away from Co-op Bank takeover talks after months of speculation – Link 6. Quartz – The world’s most successful mobile money market is introducing cross-network transfer systems – Link 7. Symphony secure messaging app gets 63m at 1b – Link 8. Fortune – Amex debuts its first Alexa Skill – Link 9. Harvard Business Review – Link 10. Finextra – UK consumers ready to swap banks for tech giants – Link 11. Money Watch – DrnkPay: Payments System Aims To Stop Drunken Spending – Link

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David interviews Claire Calmejane Director of Innovation and Digital Centre of Excellence at Lloyds Banking Group.

Claire explains what it means to be leading innovation at Lloyds, we investigate what makes up being a true innovator and what different skills you need to balance to be effective in the space. Better get growing that technology leg!

We learn a bit more about what Lloyds is doing to not just promote open banking but foster better education about new developments within the company. Claire discusses the effect of the technology giants in the banking world and the diversification of your companies offerings should be looking to services.

Want more of Claire? You can follow her on Twitter here.

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In this episode On this week’s Insights show we delve deep into the world of consumer Fintech. We speak with the best in the business on how Fintech compares with other technology developments like fitness and communication and what Fintech looks like as people integrate it into their lives.

We find out what it takes to get people to try something new and whether Fintechs can be trustworthy compared to incumbent banks. All this and more on Fintech for The Average Joe

Guests * Charlie Taylor – Analytics & Growth Lead at Curve * Ed Maslaveckas – CEO & Co-founder at Bud * Lukas Zoerner – Founder at MoBillity * Victor Trokoudes – CEO & Co-founder at Plum

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In this episode We discuss what a challenger bank really is – drawing a line in the sand for who is and who isn’t in the cool kids club. Alipay seems to be taking over the world through tourism, we discuss how that strategy might be the best route into the west. Debit cards are finding into the hands on children, how do we make sure kids don’t go crazy with (and power) – is this the new way for banks to acquire customers? All this and more on the news this week.

Guests * Elizabeth Lumley FinTech commentator & Author of girl-disrupted.com * Ajit Tripathi, Director, Fintech and Digital Banking at PwC * Dave Tonge, CTO at Moneyhub * James Lloyd, Asia-Pacific Fintech Leader at EY * Julian Sawyer, COO at Starling Bank

Our community contribution was from Nina Mohanty this week (@ninamohanty)

News this week 1. Banking Technology – FinTech companies blast banks over PSD2 direct access angst – Link 2. The Telegraph – Upstart Challenger Banks eye consolidation – Link 3. Banking Technology – Deutsche Bank leads charge for pan-industry e-identity platform – Link 4. Bloomberg – Apple Can Thank Alipay for Shopping – Link 5. Global Times – WeChat expands in US, EU – Link 6. MacRumours – Visa and Payments Startup ‘Current’ Launch Debit Card for Kids That Ties to Parental Control App – Link 7. Banking Innovation – Barclays Gives Users Total Control Over Debit in Effort to Stop Card Fraud – Link 8. FT – Aviva chief executive hits out at personal insurance market – Link 9. Recode

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It’s an interview double header! We talk to Poornima Vijayashanker and Lawrence Wintermeyer.

First up Aden interviews Poornima Vijayashanker about her work on Femgineer, her previous life at Mint and what it meant to be at the forefront of Fintech before Fintech had broken through

After the break Chris Skinner interviews Lawrence Wintermeyer about Innovate Finance’s new Industry Sandbox Consultation. We discuss why a sandbox is important, who should be getting involved, where we currently are with the regulators. This is a great insight into where the industry is going next and how companies both big and small can make a difference.

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David and Jason have the wind knocked out of them as they interview Gary Vaynerchuck for this very special Fintech Insider Interview.

People hand me million dollar scopes and ask me for a selfie

We discuss how staying plugged in and not being complacent is what keeps you ahead. Gary schools us on authenticity and how to earn the buy through giving everything you have for one ask. We learn about how Vaynermedia is getting ready to butt heads with BCG and McKinsey, and the source of why the biggest brands on earth are knocking on Gary’s door.

There is a not a single client that does the work I want them to do… Period.

Want more of Gary? Subscribe to our Youtube channel to see him in action.

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In this episode Could Apple have a viable payments platform? Simon gets back from holiday, we had some questions about his new lifestyle choices. We get to the bottom of why Spotify may need a blockchain. Nigel Walsh drops by to talk to us about insurtech funding and we start filling out our mortgage applications to our parents.

Guests Joining us for this week’s analysis of the news:

Sarah Kocianski, Senior Research Analyst Fintech at Business Insider UK
Kadhim Shubber, Reported at Financial Times

News this week 1. Recode – Apple is in talks to launch its own Venmo – Link 2. Medium – The first real revolution in venture capital: crypto tokens – Link 3. Coindesk – The United Nations Just Launched Its First Large-Scale Ethereum Test – Link 4. Techcrunch – Spotify acquires blockchain startup Mediachain to solve music’s attribution problem –Link 5. Techcrunch – PayPal launches a small biz toolset, ‘Business in a Box,’ with WooCommerce & Xero – Link 6. FT – Bank of Mum and Dad is ninth-biggest lender with £6.5bn loans – Link 7. Submitted by listener Quinn Dempsey on Twitter, American Banker – JPMorgan defection underscores tough blockchain choices – Link 8. Neshoba Democrat – The Citizens Bank launching interactive tellers – Link 9. FT – Investment in insurance tech start-ups drop sharply – Link 10. Globes – Jes Staley sees technology as driving globalisation and changing banking, but says there’ll always be a Barclays. – Link 11. Bac

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In this episode Simon and David sit down with Richard and Maya to discuss the state of the Blockchain. We explore where we are with blockchain and ledger tech, blockchain awareness in the workplace and how we are moving from understanding the technology to applying it in real business situations.

We dive deep on whether blockchain can be applied to KYC and whether maybe sometimes a centralised API might be a better idea than a decentralised blockchain.

Guests * Richard Crook, Head of Innovation Engineering at RBS * Maya Zehavi, Vice President of Product at QED-it

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In this episode Our last news show at Level39, Aden Davies is on point for the first time, as we dive into the world of ageing plastic cards, whether social networks should be their own police force, there’s an update from the East, and just how legacy banking systems are maintained… the answer is cowboys.

Don’t forget you can use our code 11FS17 to save £100 on your ticket to the Global Digital Banking Conference (http://www.globaldigitalbanking.com/).

Guests Joining us for this week’s analysis of the news:

Anna Irrera, Fintech Correspondent at Reuters
James Lloyd, Asia-Pacific Fintech Leader at EY
Ghela Boskovich

News this week 1. Engadget – Smart card Plastc goes under despite $9m in preorders, without shipping a single card – Link 2. BBC – Mastercard reveals credit with fingerprint sensor – Link 3. Business Insider – Allianz goes for Lemonade – Link 4. Guardian F8 Roundup – Shark AR, Mind reading technology & group payments – Link 5. Bank Innovation – 5 financial services bots launched at facebook-f8/ Link 6. The Paypers – Alipay, Wechat Pay reach USD 2.9 trillion online payments in China – Link 7. Finextra – Robinhood app rises $110 million series C at a $1.3bn valuation – Link 8. Token.io raises $15.7m series A funding from Octopus, EQventures and OP Financial – Link 9. Reuters – Banks scramble to fix old systems as ‘COBOL Cowboys’ ride into the sunset – Link 10. Techbullion – Top 10 Fintech Influencers to follow on Twitter – Link

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In this episode Jeremy Burge joins us to discuss the wonderful world of Emoji. David and Jeremy discuss how emoji are taking over a large amount of communication.

Jeremy explains what it means to be part of the Unicode consortium and how misinterpretation happens between companies. Did you know dinosaurs are coming to a phone near you? Find out which two made the cut.

We also discuss how companies are using emoji to communicate better across social platforms and in their marketing.

“No matter what you say, it jumps out a little bit more if there in an emoji in there.”

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In this episode We dive into the interesting world of ethical hacking. Our first guest Jamie Woodruff takes us through his unique university entry, why your computers might not be the cause of your network’s security breach and how posing as a pizza delivery man helped him gain entry into a companies headquarters.

Chris then interviews Sergey Pavlovich, a Russian ‘carder’ who made it big defrauding banks, and after a stint in prison, started working to defend against people like him. Sergey tells us about how he earned thousands from stolen credit cards and why working for the good guys works out better in the long run.

Guests * Jamie Woodruff, Technical Director at Metrix Cloud LTD * Sergey Pavlovich, Author of How To Steal A Million

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In this episode We attend the Money and Mental Health Tech Sprint. With the help of new Fintech Insider host Dr Harriet Bedell-Pearce we explore new ways technology is being applied in Fintech products to foster better lives for those with mental health disorders.

We hear about the projects built at the tech sprint to help control volatile spending habits caused by mental challenges, how red-tech can help provide regulators with the data they need to make a difference and how taking a personalised approach to mental well-being projects may the way forward for the industry.

Guests * Polly Mackenzie, Director, Money and Mental Health * Jo Hill, Director, Market Intelligence, Data and Analysis at Financial Conduct Authority * Beth Robotham, Head of Business Development, Bupa UK * Marcus Thornley, Founder, Play Consulting

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In this episode Gerhard Coetzee is making a real difference in the world of financial inclusion. As Lead Financial Sector Specialist at CGAP, he leads the technical areas of customer and provider solutions that include customer centric business models, digital finance and smallholder families.

Simon Taylor caught up with him to find out about the challenges he faces and why customer-centric design and partnerships are so central to his approach.

“If you do not understand the customer, the poor person in their life, the challenges they have, the pain points they face, then it will be very difficult to provide a service that they will use.”

“I believe strongly in living your life in such a way that when you leave something, it is better than the way you found it.”

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In this episode We’re at the 2017 Innovate Finance Global Summit, one of the most prestigious conferences for the financial technology industry. This annual event provides a platform that convenes the world’s global institutions together with startups, policy makers and investors to share ideas and solutions to the challenges facing financial services.

Guests * Lawrence Wintermeyer, CEO of Innovate Finance * Nick Ogden, Executive Chairman of Clear Bank * Richard Peers, Director of Financial Services Industry at Microsoft * John Edge, Chairman of Identity 2020 * Claire Calmejane, Director of Innovation at Lloyds Banking Group

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In this episode Alessandro Hatami started with road building in Africa as an engineer, on to direction setting at Lloyds and now he is helping traditional business find and engage with the right digital services partners at The Pacemakers.

11:FS CEO, and ex-colleague of Alessandro, David Brear sat down to find out more about helping large organisations be innovative, how partnering in FinTech is replacing the disruptive narrative and the impacts of Brexit on all of the above.

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In this episode From dreams of running a five-star hotel to the reality of running a five-star bank, Ashok Vaswani, the CEO of Barclays UK, speaks with Simon Taylor about culture, digital transformation challenges and opportunities, frontline empowerment and how Simon might be able to buy a Lamborghini in the future.

“We touch 24 million customers in the UK, so 63 million people, if you humour me, and say 15 million less than 15 years of age, that leaves 48, we touch one out of every two people in the UK. Now, that’s an awesome position to be in, right?“

“I’ve now started having dinners with CEOs of other businesses, other industries, corporate clients of ours, and saying, “Hey, you guys are big, big in your-,” you know, people like British Airways, AIG, GE, Day Lewis, all these big companies, and say, “You guys are struggling with the same thing, we’re struggling with the same thing, can we actually talk together and, you know, do stuff.””

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In this episode Barclays takeover! Over the years, Barclays have pioneered tech in financial services, from the first UK bank to launch the ATM, to their award-winning app. We sit down with four excellent guests, including CEO Ashok Vaswani, to discuss the impact of PSD2; the challenges and opportunities that come with being a 357-year-old bank; how to attract fresh talent in a world filled with tempting FinTech startups; and more.

Guests * Ashok Vaswani, CEO * Catherine McGrath, Managing Director of Transaction Products and Payments * Ruchir Rodrigues, Managing Director of Digital & Open Banking * Frankie Woodhead, Director of Commercial & Channels – Business Lending

Highlights On PSD2 “I’m hugely excited about it. I think, as a customer, it’s going to present me with completely different opportunities about how to manage my finances, and, as Barclays, we are right in at the heart of that, and helping that happen. I want to be confident that I can recommend to my friends and family that they should feel comfortable to move their data around, so we need to make sure that we’ve got customer protection at the core, so I feel safe, which means I can get all those great competitive advantages.” – Catherine McGrath

On omnichannel “Customers never think of, “I want to go to a channel,” or, “I want to go omnichannel.” They’re saying, “I want to be served by Barclays.” That’s how people look at it, and that’s exactly our view. So the question for us is, how do you solve a customer need? And what is the need you are trying to solve for? It’s not about which channel you want customers to come to, it’s about what do they want? Is it convenient?” – Ruchir Rodrigues

On scale and risk taking ‘’I can count ten programmes where we’ve spent a lot of money on, and frankly they haven’t gone anywhere, right? Okay, we thought it was a great idea, we made a mistake, we drank a glass of water, it was over, we move to the next thing, right? I mean, the speed of change is so rapid that to think that everybody’s going to get everything right is foolhardy, right? So having the ability to actually do it, having a culture where everyone, as a team, we are committed, we are just absolutely committed to making this happen, so we’re putting our money where our mouth is. ‘ Ashok Vaswani

On looking outside of banking “I think it’s as important to look at non-competitors, I saw WhatsApp launching p2p payments in India, Alibaba and what they’re doing […] in Asia and the APAC region, we have to not just look at banks. We have to look outside of industry and what’s going off, because that’s going to be more important, in my view, in the next five to ten years.” – Frankie Woodhead

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In this episode The day after the 11:FS birthday bash, we get hangover deep on FinTech Insider News – misquoting American presidents and everything when discussing the U.S. Congress’ decision to let ISPs sell your web browsing history to anyone without permission.

“What’s interesting is that Facebook and Google, and especially Apple, have been pushing back on government requests for data quite publicly – and probably quite a bit more, privately.” Simon says. “Whereas the ISPs weren’t. The ISPs’ selling point here is, ‘Well, we’ve been selling you data forever on everything you want to see, give us this access and you’ll get to see everything you want to see on a terrorism standpoint.’ There’s an Abraham Lincoln quote, and I’m going to butcher it, but it’s something like, ‘If It’s liberty or security, I’d take liberty every single day,’ and I’d be willing to sacrifice a little bit of security for it. We seem to have lost that, in society, to a certain degree.”

Give us liberty or give us death (just to throw another American patriot into the mix).

Guests Joining us for this week’s analysis of the news:

Richard Morgans, Head of digital lab & fintech ecosystems at TSB
Misha Jessel-Kenyon, Publishing Manager at Raconteur
Ali Paterson, Editor in Chief at Fintech Finance

News this week 1. Reuters – Financial institutions risk 24 percent revenue loss from FinTech: PwC – Link 2. Finextra – FCA vows to tackle fraud on lost and stolen contactless cards – Link 3. The Asian Age – Hackers use ‘disappearing malware,’ steal $800,000 from ATMs – Link 4. Quartz – Set up a VPN in 10 minutes for free – and yes, Americans urgently need one, thanks to Congress – Link 5. The Next Web – Amazon Cash eliminates need for bank cards – Link 6. Finextra – Visa and top UK banks get behind launch of Amazon Business – Link 7. TechCrunch – WhatsApp will reportedly launch peer-to-peer payments in India within 6 months – Link 8. PYMNTS – Moblie wallet adoption: whare are we 2.5 years in? – Link 9. Computer – OCBC Bank uses AI-powered chatbot to answer home and renovation loan queries – Link 10. The Register – Banking group denied access to iPhones’ NFC chips for alt.Apple.Pay –

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In this episode Alipay dominates financial news. On FinTech Insider, we joke about creating a jingle for ‘Alipay does a thing.’ What’s really interesting to us about Alipay is the Ant Financial business model of ‘payments as a wedge product’ to drive other financial services. We talk to a lot of banks now that want to become marketplaces, having looked at Alibaba and Alipay as the model to copy. In this episode, Rita Liu, Head of Alipay Europe, Middle East, and Africa, talks to us about Alipay’s growth ambitions and why China is such an exciting region for FinTech and financial services.

“We have been active in the global market for a while, all driven by our consumers’ needs,” Rita says. “Alipay is the most popular online payment option for Chinese buyers. So we have been distributing Alipay as a payment option for ecommerce players outside of China.

“In China, mobile wallet has become an increasingly popular way to pay in the physical world, and that is driving us to do the same in the global market. We follow the Chinese tourists’ footprint in the world, to enable the merchants to be able to offer the same experience that our users can have in China while they travel. So that’s why we have started to develop merchant acceptance in the physical world, to accept Alipay.”

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In this episode RegTech is sexy. No, really, it is! RegTech goes beyond developing new technology to meet regulatory requirements – and it does more than save banks money. It’s about automating manual tasks and upskilling humans so their new work makes them feel valued. It’s about helping customers get better advice and service. It’s about making sure the business doesn’t come crashing down when the person in charge of the spreadsheet moves on.

In this episode of FinTech Insider, we’ve assembled an expert team to explain what RegTech is and how to take advantage of this opportunity – and imperative – to transform your business (you’ll also learn about Jason’s regulation chaos monkey idea ????).

Guests * Nick Cook, Head of Market Intelligence, Data, and Analysis at the Financial Conduct Authority * Michelle Katics, Co-Founder and CEO, PortfolioQuest & BankersLab * Diana Paredes, CEO & Co-founder at Suade Labs * Evgeny Likhoded, Co-Founder and CEO at ClauseMatch

Enjoying FinTech Insider? Tell a friend about us and please leave us a review on iTunes. Consider it a birthday present to us – 11:FS turns 1 today! ????

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In this episode Article 50. Well, we went through with it and signed the divorce papers. Does the triggering of Article 50 put FinTech at risk in the UK? On this episode of FinTech Insider News, you’ll hear a range of opinions, from fear the UK is throwing away its work to lead the globe in FinTech, to optimism that London has the talent and regulatory regime to remain one of the world’s greatest cities. We also talk about BBVA joining Hyperledger; Alibaba and Tencent and the coming FinTech boom; and 11:FS celebrating its first birthday ????????????

As part of this milestone, we’ve officially launched 11:FS Pulse, our competitor insights research platform. We think you’ll love it.

Guests this week * Paul Titterton, Managing Director at Barclays * Kadhim Shubber, Reporter at the Financial Times

News this week 1. Crowdfund Insider – Lawrence Wintermeyer, CEO of Innovate Finance, says triggering of Article 50 puts FinTech at risk – Link 2. Parliament – Time to act on ‘unacceptable’ level of UK financial exclusion – Link 3. Economist – An earthquake in European banking – Link 4. Gizmodo – 5 reasons why the Home Secretary’s proposed encryption ban is aggressively stupid – Link 5. BBVA – BBVA joins Hyperledger, the top open-source blockchain community – Link 6. LinkedIn – Making people a competitive advantage in a digital age – Link 7. Venture Beat – Payments company Square launches in the U.K., its first European market and fifth globally – Link 8. Barrons – Alibaba and Tencent and the coming FinTech Boom – Link 9. Quartz – The world’s most secure coin debuts in the UK – Link

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In this episode What were you doing when you were 20 years old? Ollie Purdue was studying law…and founding a company to transform the banking experience. He didn’t want to be a lawyer, or a banker, but he did want to solve a problem facing many students: budgeting and forecasting how much money they’ll have and need every month.

“At the time I was studying, I kept getting really frustrated with my bank account. It was just unable to tell me basic things about money, and that’s, kind of, what a bank’s meant to do, right?” Ollie says. “My bank wouldn’t tell me, when I got paid, how long that money will last. It wouldn’t tell me where I can cut down on my spending, and it wouldn’t tell me if my spending’s normal. So I was in a position where I never really understood my money, and I just didn’t get it, and then I tried budgeting apps and things like that, and they were really clunky…So it became really clear that a bank needed to be much smarter with data, and present that in a better way, and that’s kind of where it started.”

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In this episode A lot has been happening in the Singapore FinTech scene recently. The Monetary Authority of Singapore (MAS) is bound to invest more than $225 million Singapore dollars, or $158 million US dollars in FinTech by the end of 2020, and there’s a lot of hope that this can cut out costs from back office systems, and become truly transformational for the market and the region. In this episode, we take a step back, and, with help from FinTech experts in the field, paint a rich picture of what’s happening in Singapore today.

Our guests Anna Vanessa Haotanto, CEO of The New Savvy; Business Development Director at Tera Capital

Gerben Visser, Co-Founder of Singapore FinTech Consortium

Joe Seunghyun Cho, CEO at LATTICE80; Co-founder and Chairman at Marvelstone Group

Scott Bales, Managing Director at Innovation Labs Asia

Varun Mittal, Associate Director, Asia-Pacific FinTech at EY

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In this episode We’re very excited about the launch of Clear Bank, the first clearing bank to be authorized in the UK for nearly 250 years. There’s been a lot of business model innovation at the front end – we’ve seen apps doing more convenient FX, more convenient remittance, we’ve even seen peer-to-peer payments, but nobody’s really attacked the rails.

“This is where I’m super excited to see FinTech go. This is a proper, proper geek moment,” says guest Sarah Kocianski, Senior Research Analyst, FinTech, at Business Insider Intelligence. “There has been a lot of interesting stuff on personal finance management, consumer banks – that’s happened already – but for any kind of change to happen in the wider financial services ecosystem, those back ends have got to be updated. They’ve got to be upgraded. They’ve got to be using Cloud and API. That’s why this story really, really excites me. Because I think now we’ve got that key piece of the infrastructure. We can start to see movement. They’re not just looking to serve FinTechs. They’re going to try and serve the big guys, too. You can speed up your processes. You can innovate more easily if you connect with these guys.”

Our guests Alexander Ball, Managing Fintech Consultant at ING

News this week 1. Finextra – Innovate Finance launches ambassador programme – Link 2. City A.M. – House of Fraser owner Sanpower pulls investment in digital challenger bank Tandem – Link 3. Bloomberg – Ant Financial said considering higher offer for MoneyGram – Link 4. Business Insider – French officials are in London again wooing fintech and finance firms to Paris post-Brexit – Link 5. Forbes – Digital disruption has arrived in FinTech – Link 6. City A.M. FinTech startup and challenger bank Revolut’s launching an Amazon Prime-style subscription for banking – Link 7. banking technology – Bank of England teams with Ripple for cross-border payments – Link 8. Reuters – Gol

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In this episode Antony Jenkins, former CEO of Barclays, has spent 35 years working in large financial services institutions. He says that it struck him that, although there’s a lot of technology in banks, it doesn’t help much when it comes to improving the customer experience or lowering costs, and it hasn’t improved the reputation of banks within society. He founded 10x to create a new banking experience — one that is more diverse, open, and fair. In this episode, he talks to us about his new company, the future of banking, and the transition from running one of the biggest banks in the world to founding a startup.

“When I left Barclays, I began to look at what was happening, not only in the FinTech scene, but also with the underlying technologies. I became convinced that there was an opportunity to create the beginnings of a very different way of doing banking,” Antony says. “We set up 10x to deliver the capability to do that. It’s basically a full set of capabilities that a bank would need to operate. I like to think of it as providing better functionality than a neobank at lower cost than a big bank, and in a much more transparent way. That’s what we’re building at 10x.”

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In this episode We’ve brought together some of our favourite folks from the world of FinTech challenger banks. In this episode, we talk to Starling, Fidor, and Loot about their business models, who their customers are, and how they’re using technology and data to provide a great customer experience. We also discuss the challenges they’re facing, what agile really means, and what’s coming up for them in 2017. Enjoy the show!

Our guests Megan Caywood, the Chief Platform Officer at Starling Bank

Sophie Guibaud, the Vice President of European Expansion at Fidor

Ollie Purdue, Founder and CEO at Loot

“We like to spend a lot of time talking with our customers,” Megan says, “not just usability sessions, but chatting with them and understanding how they’re currently using their banking products and where those pain points are. What we hear time and again is that what they’re used to expecting – seamlessness and ease of use from other apps and products – just isn’t what they see from their bank.”

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In this episode On this episode of FinTech Insider we cover all sorts of intrigue, from money laundering, to tantric blockchain, to narcotics. Of course, we also analyze the latest FinTech headlines so you don’t have to, and interview some of our favourite folks at solarisBank and Penta. Thank you to our guests for another fun episode.

Our guests Monty Munford, writer for The Economist, BBC, Forbes, and Fast Company, and Founder of Mob76

Megan Caywood, Chief Platform Officer at Starling Bank

Sophie Guibaud, Vice President European Expansion at Fidor

News stories 1. Forbes – Meet The European banks of the future…you might even like them – Link 2. Business Insider – German FinTech startup solarisBank raises €26.3 million and lands Deutsche Bank exec as CEO – Link 3. Pymnts – Penta launches to help SMEs cherry-pick banking services – Link 4. Mastercard – Prepaid card programmes in France (no link) 5. Independent – Banks are getting bigger, not smaller. Clearly they learnt nothing from the 2008 financial crisis – Link 6. FT – Lloyds to transfer 1,900 staff to IBM in IT outsourcing deal – Link 7. City A.M. – Digital challenger Starling Bank is launching in beta – Link 8. Quartz – The influence of Uber ratings is about to be felt in the hallways of one of the world’s largest banks – Link

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In this episode The Financial Conduct Authority’s progressive regulatory policies have been credited with helping to make London one of the world’s finest FinTech centres. In episode 126 of FinTech Insider, we spoke with several participants of the FCA’s regulatory sandbox, created as a ‘safe space’ for startups and companies to test ideas before becoming fully regulated. In this episode, we interview FCA Policy Director David Geale on the thought behind the sandbox, and more. Enjoy the show!

“The sandbox is there for firms who really need to test in a live environment,” David says. “The example I often give is around disclosure. If I actually present something to you and say, ‘This is the current disclosure, here’s a new version, which one of these do you prefer? Which one of these do you understand?’ well, to a degree, that’s cheating. It’s better than nothing in terms of testing, but you’ve cheated, because you’ve got people to read it in the first place, and that’s generally the core challenge, is getting people to engage, getting people to read. So if you can test that in a live environment, and say, ‘Okay, we know what you would have had, now what’s the difference in actual behaviour with this new form,’ or new style, maybe digital disclosure, for example, you can actually really see the impact of the results.”

Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at fintechinsider@11fs.co.uk.

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In this episode Technology is failing banking. Bankers know what a great customer experience should look like, but they’re often prevented from delivering on that due to ancient legacy systems. And as long as they operate in a cobbled environment with 1,000 subsystems, they will never have a truly digital bank. Meaning they can’t compete with the banks that will win in the future. But don’t despair. Our guests discuss the steps to take to create a state-of-the-art core banking system that can deliver next-gen solutions.

Our guests Mark Warrick, Director of Creative & Design at Thought Machine

Ben Robinson, Chief Strategy Officer at Temenos

Conor Fennelly, CEO at Leveris

“The nature of this problem is systemic, it’s not symptomatic,” Conor says. “Banks are not afraid to invest in their technology. In fact, they invest massively in technology. The real issue is that it’s not effective spend, and the real problem facing most CEOs or boardrooms in banks is the risk associated with making the move.

“Banks are not monolithic systems, they’re made up of hundreds of subsystems. If you want to make a change in those subsystems, you’ve got to regress your testing through the entire environment. That’s the reason why 80% of your cost is in running the bank, and only 20% can be in change. In fact, it’s probably more exaggerated than that. If you want to make a change, you’ve got to build an architecturally superior system.”

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In this episode Taking the bull by the horns. We absolutely loved the statue that Wall Street fund manager State Street installed as part of International Women’s Day. A bronze girl faces the bull of Wall Street as part of a campaign to encourage companies to put more women on their boards. FinTech Insider co-host Simon Taylor saw a second message in the symbolism: State Street will protect your money, standing up to the scary market without fear. Another best-in-class example of good marketing this week: the customer communications that came out of the FinTech firms’ outage. Monzo, Loot, and other companies got a thumbs up from customers for the transparent way they managed the issue. Hear all about this and more on this week’s FinTech Insider News.

Guests this week Andra Sonea – Fellow at Anthemis Group

Jeff Tijssen – Head of FinTech & Digital Partnerships at Capco

Ali Paterson – Editor in Chief at Fintech Finance

In the news this week 1. City A.M. – More than half a dozen fintech firms hit by outage – Link 2. Coindesk – Dubai Claims title of world capital of blockchain and DLT link 3. Coin Desk – Texas lawmaker proposes constitutional right to own bitcoin – Link 4. Business Insider – The US government is defending its FinTech charter – Link 5. Reuters – Canadian regulator says open data essential to fintech – Link 6. FT – China overtakes eurozone as world’s biggest bank system – Link 7. Forbes – The effect of travel bans on FinTech – Link 8. Wired – UK banks fund £5m FinTech prize to build apps for small businesses – Link 9. Entrepreneur – How FinTech and payments innovations will disrupt global ecommerce – Link 10. Reuters – On Women’s Day eve, statue of girl stares down Wall Street bull – <

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In this episode As CEO of WeChat Africa, Brett Loubser’s role is to leverage the WeChat platform to the greatest extent possible in Africa. However, the market conditions in this continent are completely different from China. A focus on a chat app didn’t make sense for Africa, given the significant competitor products. Instead, Brett and his team focused on ‘the absolute power of the platform.’ In this episode of FinTech Insider, Brett shares great examples of how working with partner companies has proven to be such a great business model.

“Our first major push into showcasing the power and potential of WeChat as a platform was the launch of Cliff Central,” Brett says. “We worked with a very bright young chap by the name of Gareth Cliff, who is one of the biggest media personalities in South Africa. At the time, he was the most popular radio DJ on the biggest free-to-air radio station in the country. He was looking to launch something of his own, and so we launched a digital radio station along with him on our platform. And that worked incredibly well because, not only was there the obvious benefit of partnering up with somebody who had a huge personal brand in South Africa, but also the benefits of showcasing digital radio being delivered on a chat platform was stopping people in their tracks.”

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In this episode FinTech isn’t disrupting the financial industry in Africa – it’s building it across the continent. And because it’s being building without much legacy, by default it’s digital as a platform. In this episode of FinTech Insider Insights, we’ll shine a light on some great FinTech stories coming out of Africa, including approaches and ideas that incumbent institutions will find incredibly useful.

Our guests Gerhard Coetzee, Lead Financial Sector Specialist at CGAP

Lesley-Ann Vaughan, M-PESA Co-Creator

Ron Webb, Director of Financial Services at Safaricom

Brett Loubser, CEO at WeChat Africa

“I’m extremely excited by how we’re going to see an increasing daily relevance of payments in people’s lives,” Ron says. “P2P transactions have been hugely important, and have been the bedrock of what M-PESA became. But you only send money P2P to your relatives, or people that you’re supporting, on a periodic basis. But you do merchant payments every single day – and many of them – and the increasing use of e-value in those day-to-day payments will increase daily relevance and create even more opportunity.”

11:FS blog posts mentioned in this podcast Banking APIs Aren’t about Tech or Banking

11 Banks and FinTechs Doing APIs Better Than You

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In this episode Is PSD2 an opportunity or a headache for banks? FinTech Insider News guest Ben Robinson says we’re still underestimating the magnitude of what the regulators are asking banks to do, “which is basically to put their inventory online. Asking banks to give up their transactional data is like asking Google to give up its metadata. You can see why banks wouldn’t want to.”

Also in the news, Monzo’s crowdfunding (and outage); our new favorite rap song; and Orange is the new bank.

Guests Christopher Burniske, Blockchain Products Lead at ARK INVEST

Ben Robinson, Chief Strategy and Marketing Officer at Temenos

News this week * Finextra – EBA to relax controversial PSD2 authentication rules – Link * Finextra – Brits warm to mobile tap and pay – Link * Finextra – Singapore commuters can now tap-and-pay for their fares with Mastercard – Link * JP Morgan, Intel, Microsoft join Ethereum Blockchain Alliance Link * 11FS – 11 things your CIO needs to know about blockchain today – Link * FT – Top bank executives required to vouch for cyber attack defenses – Link * Level39 – Yielders makes history: The first UK Shariah compliant Fintech company based at Level39 – Link * The Register – Telco Orange to open bank next month – Link * Finextra – Monzo blows past £2.5 million crowdfunding target – Link * Atlanta Constitution Journal – Rapper’s money saving advice goes viral – Link

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In this episode Blythe Masters spent 27 years at JP Morgan in a variety of roles, including running the global commodities business, working in structured credit and fixed income markets, and serving asCFO of JP Morgan’s global investment bank. After leaving in 2014, she planned on taking a year off, but then blockchain caught her eye and she joined Digital Asset, where she’s CEO. In this interview, Blythe describes their technology as blockchain-inspired, explains what this means, and shares what Digital Asset is working on.

“This is a once in a generation opportunity to fundamentally change the way the financial market infrastructure works,” Blythe says, “and that is for the greater good of everybody.”

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In this episode When it comes to innovation, can big, established banks compete with agile startups? Culture is the major barrier to digital transformation for larger organizations, so we talked to execs at the Global CIO Banking Summit to get their insight. Stay tuned for actionable examples on how to change your culture, how to measure this, and where to look for inspiration.

“At DBS, we gave up our training budget of sending executives to fancy business schools and have started putting them through hackathon experiences,” says Paul Cobban, COO, Technology & Operations at DBS Bank. “You take these guys and you give them three days of digital exposure, and then for two days they work with a real startup on a real problem. So you get the stodgy banker meets the 22-year-old coder, and the stodgy banker says, “Let me tell you how this is going to be,” and then the 22-year-old coder says, “I don’t think so,” and so you go through this storming, norming, performing cycle in about half an hour, and then they’re going to get on and do some real stuff.”

Guests Mark de Munk, MD & CIO, International Wealth Management IT Solutions & Products at Credit Suisse

Ricardo Rola, EMEIA CIO at Itau BBA

Paul Cobban, COO, Technology & Operations at DBS Bank

Adrian Samareanu, Global CIO & VP, Operational Excellence at Volvo

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In this episode Bill Gates wants a robot tax to compensate for job losses; Liverpool launches its own local currency; Atom Bank hires will.i.am as a banking consultant; and more.

Guests Alessandro Hatami, Managing Partner at The Pacemakers

Andra Sonea, Fellow at the Anthemis Group

News this week * Business Insider – Will.i.am is reportedly doing a deal with app-only bank Atom that could see the singer invest – Link * NYTimes – Silicon Valley tried to upend banks. Now it works with them. – Link * FT – The trouble with ‘free’ banking for challenger lenders – Link * Finextra – RBS to become fintech fund and high street outlet for challenger banks under HMT remedy – Link * Standard Digital – Banks take on M-Pesa with own money transfer service – Link * Bloomberg – Facebook Messenger now lets you send money with Transferwise – Link * PSFK – Liverpool receives its own digital currency – Link * Engadget – Bill Gates wants a robot tax to compensate for job losses – Link * Forbes – Why Ant Financial’s $200M investment In Kakao could disrupt South Korean FinTech – Link * Business Insider – Moneyfarm will likely see reasonable uptake of its products from Uber drivers – Link

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In this episode We talk to James Lloyd about the incredible FinTech innovation and uptake happening not only in China, but across Asia. James is the Asia-Pacific FinTech Leader at EY, and our point of reference for most of the phenomenal stats coming out of the region. Did you know that during Chinese New Year – which is only 6 days – 46 billion transactions happened on WeChat alone? That’s 46 billion “red packets” – the money you send as gifts. 46 billion!

“In London, getting access to a bank account or a credit card or a basic investment or savings product is relatively straightforward,” James says. “In China, traditionally the banks have focused on supporting corporates and state-owned enterprises. So there has been this unmet need, this market gap, that the big technology players have really moved pretty aggressively to fill.”

If you enjoyed this episode, please share the love and tell a friend about FinTech Insider, and leave us a review on iTunes—this helps people find us.

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Our mantra is digital banking is only 1% finished, and people usually react in two ways to this. Either they believe banking has got miles to go when it comes to tech advancements, or they think digital is merely a way to distribute analogue products. At 11:FS, we believe we’ve got 99% to go, and we’re really excited about the future of banking. But how do we get there? At a recent event in Oulu, Finland, 11:FS CEO David Brear shared the first 5 steps to transform your bank. Watch the video.

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In this episode Amazon is looking to buy Capital One, or so goes the rumour. It’s been predicted for a long time that Google, Apple, Facebook, and Amazon would get into financial services, but Amazon is the only one of those companies that specifically needs a payments facility in their core business. James Arscott, CCO of invstr, joins us to discuss this and other headlines, including bitcoin going from funny money to something legit in Japan.

We also talk to TrueLayer CEO Francesco Simoneschi on banks becoming software companies; to BBVA Open Innovation Manager Marisol Menendez about BBVA’s competition to find a new model for low interest rate banking; and BodeTree CEO Chris Myers about the three steps FinTechs need to take to survive.

News this week 1. Business Insider – Innovative app-only banks are doing something old fashioned — lending money – Link 2. The Telegraph – Co-op Bank puts itself up for sale as it braces for another ‘significant’ loss – Link 3. Level39 – L39 API member TrueLayer comes out of stealth; secures $1.3m funding – 4. Nikkei Asian Review – Japanese megabanks raise bets on fintech – Link 5. Finextra – BBVA seeks new model for low interest rate banking – Link 6. Telegraph – Pay as you speak: Santander revamps voice banking app – Link 7. Banking Technology – Amazon looking to buy Capital One? – Link 8. Finextra – Australian banks fight back over Apple Pay ‘fantasy’ claims – Link 9. International Business Times – Apple, Facebook and Amazon primed for PSD2 demolition of the card networks – Link 10. Forbes – 3 Steps Fintech Companies Need To Take In Order To Survive – Link 11. Medium – Get paid to read email from outside your network with a 21 profile – Link

Are you listening to this podcast while on a nice little jog? If so, woo-hoo! We hope we motivated you. Could we ask a favour in return? Please take a sec to review us on iTunes so more people can discover us. Thanks in advance! Love, FinTech Insider.

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In this episode When most banks are bribing people to join with £100 or a Rihanna CD, Monzo is doing the opposite: building a bank customers love, involving them in its development, and being so amazing the network blows up like Facebook. Monzo, the bank that broke Crowdcube, now has more than 100,000 customers. Next milestone: 1 million. Here’s how they’ll do it.

“We’re trying to build the first bank with real network effect. Skype is a great example. The more people you bring onto Skype, the more people you can call,” Tom says. “How did Instagram or Snapchat or Facebook grow? It wasn’t marketing. It was an amazing product with true network effect. We’re trying to learn those lessons. 85 or 90% of our new signups come through referral.”

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In this episode Innovation isn’t having an app – it’s having a new business model. Yet for banks, business models are one of the hardest things to innovate around. We discuss what’s broken with traditional bank business models, and how to create new ones, with two people who know best: Tom Blomfield, CEO of Monzo, and Dora Ziambra, Head of Business Development at Azimo.

“For me, and many people in the industry, being a marketplace bank is the future,” Tom says. “It’s a customer interface that acts as a platform for all of your financial problems. So a single interface that gives you access to the Azimos and the Funding Circles and the Transferwises, with a delightful, one-click user experience, but still giving you the benefits of that choice and that customer service. So, sort of, looser recoupling around APIs.”

If you liked this interview, please review us on iTunes. To learn more about the team that brings you FinTech Insider, visit 11fs.co.uk.

Listener offer: for a 30% discount on Innovate Finance Global Summit tickets, register using the discount code FinTechInsider. The event will be held April 10-11 in London.

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In this episode Is FinTech failing? We discuss this clickbait-y headline which made the rounds recently. We also talk to Lawrence Wintermeyer, CEO of Innovate Finance, to get insight on their latest report that says investment in UK FinTech startups dropped by 33.7% in 2016. Other news: WeChat to (see what we did there? James Lloyd, Asia-Pacific FinTech Leader at EY, about the 46 billion digital red packets WeChat users sent over Lunar New Year; and Anna Irrera, a journalist at Reuters, updates us on what’s happening with Dodd-Frank.

News this week 1. Tech City News – Investment in UK FinTech startups ‘drops by 33.7% in 2016′ – Link 2. The 2016 VC FinTech Investment Landscape by Innovate Finance Innovate Finance’s Global Summit is April 10-11 in London. FinTech Insider will be recording there, and FinTech Insider listeners get a 30% discount if they register for tickets using the discount code FinTechInsider. 3. Coin Telegraph – Switzerland Set to Ease Finance Regulations, Support Blockchain Innovation – Link 4. Reuters – WeChat Users Send 46 billion digital red packets over Lunar New Year – Link 5. technode – How Chinese Mobile Payments are Quietly Conquering the World – Link 6. Forbes – 3 Reasons Fintech Is Failing – Link 7. Wall Street Journal – Fintech Startups Want to Save One Key Page of Dodd-Frank – Link 8. Business Insider – 19 Laptops Containing Customer Information Have Been Stolen from FinTech Company GoCardless – Link 9. efinancial careers – Five Crazy Start-Up Ideas in FinTech now – Link 10. Finovate 2017 Winners

That’s all for now!

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In this episode Serial tech entrepreneur Steve Kirsch (@stkirsch) has founded seven companies and earned a name for himself as the inventor of the optical mouse. Today he’s CEO of Token, a global open API banking platform.

Steve says that, historically, banks have operated on limited hours. Central banks have similar systems to be compatible, which has led to architectures that are nowhere near as complex as doing real-time systems. But then internet came along and changed people’s expectations.

“Now banks sort of have to be open 24/7, and yet the underlying systems haven’t caught up with that,” Steve says. “And so the challenge is to create technology that can layer on top of the existing banking system that would enable people to have the level of service that they expect, and yet not disrupt things below the decks. It’s almost like putting a modern façade on top of an old cruise ship. That’s essentially what we’ve done. [If] we need more engine power, we call down through certain interfaces and say, ‘Can you do this service for us?’ and they say, ‘Yes, the answer is this.’ But as far as everybody on the top deck is concerned, it looks like they’re on a totally modern cruise ship.”

If you enjoy this interview, please leave us a review on iTunes. To find out more about the team behind FinTech Insider, visit 11fs.co.uk

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In this episode Liz Lumley, Managing Director of Thought Leadership at Rainmaking, says a woman approached her at one of their events recently and said, “I’m here because I get told all the time: You need to work with startups, and then no one tells me how.” The Rainmaking Summit was designed to give people like her the tools they need to make innovation happen. Straight talk. No bullshit. We sit down with key participants in London to get the lowdown.

“We need to move from ROI to R&D,” says Nektarios Liolios, CEO & Co-Founder, Startupbootcamp FinTech. “R&D implies failure. It implies experimentation, and just keep trying, keep trying until it works, right? Having been in the financial industry for nearly 20 years now, we don’t have that. There is no concept of building product, or doing anything, with an R&D mentality. Whereas any other industry has that.”

Guests * Liz Lumley, Managing Director of Thought Leadership, Rainmaking @LizLum * Will Bentinck, Head of Careers, Makers Academy @isoworg * Nektarios Liolios, CEO & Co-Founder, Startupbootcamp FinTech @nekliolios * Jennifer Rosen, Founder & CEO of JnR Communications

To learn more about the team behind FinTech Insider, visit us at 11fs.co.uk

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In this episode How do I change my culture? And what the hell happens to all those bank fines?! Our guest Richard Peers, Director of Financial Services at Microsoft (@Peerster), joins us to discuss these hot issues as part of our weekly roundup of FinTech Insider News.

Digital DNA is radically different from legacy culture, and that needs to change, Richard says. To make digital transformation happen, technology is not enough. You have to have the right culture. It’s hearts and minds and empowering people. It’s not a quick fix, which many people are looking for.

Deutsche was recently fined over money laundering claims – but where the hell do these fines go and what’s the politics behind it? How can bitcoin prevent money laundering?

What are the new business models we need? Can we serve markets in new ways? Can we make money from data? It’s often a defensive conversation, it’s time for banks to go on the offense and look at open banking as a good thing, Richard says.

News this week 1. Telegraph – Fintech ‘boom’ risks fresh ‘bust’ if left unchecked, warns Carney – Link – 2. Scalable Capital – An open letter to Mark Carney on robo advice – Link 3. BBC – Deutsche Bank fined by regulators over money laundering claims – Link 4. Yahoo Finance – Neo and challenger bank customer base to grow by 50.6%, globally, by 2020 – Link 5. FT – The UK should prepare for an exodus of fintech experts – Link 6. Finextra – Chinese central bank tests digital currency system – Link 7. Acumin – Details come to light after Lloyds’ cyber attack – Link 8. BBC – Savings protection limit raised – Link 9. Finextra – CMA issues final order on open banking – Link 10. Telegraph – Which country is the most corrupt in the world – and where does Britain rank? – Link

Thanks for listening! Visit 11fs.co.uk to learn more about the team behind FinTech Insider.

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In this episode Sir Mark Walport (@uksciencechief), UK Government Chief Scientific Adviser and Head of the Government Office for Science, says his job is to advise the government on policy for all aspects of science, engineering, technology, and social science. In a delightful interview with 11:FS Co-Founder Simon Taylor, he discusses artificial intelligence, ethics and technology, data and privacy, and more.

“There are many other areas where industry has the potential to progress faster if they work together in a pre-competitive environment. Of course, one of the issues is around the sharing of data,” he says. “It’s possible to share data in ways that don’t threaten the integrity of businesses. That’s about defining access and giving people access in a way that critically protects privacy.”

Thank you to Paul Aldrich (@DrPAldrich), Lead Partner of Financial Services Technology at Odgers Berndtson, for inviting us to CityVison2030 where we interviewed Sir Mark.

For more great FinTech Insider interviews, visit 11fs.co.uk.

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In this episode Is PFM dead? Invisible? Or has Personal Financial Management evolved from data-driven piecharts to something more useful?

Joining us for today’s deep dive on PFM and Digital Money Management are:

Frankie Woodhead, Director of Commercial & Channels at Barclays @FTWoodhead
Victor Trokoudes, Founder of Plum, the first Facebook bot for automated savings @vmtrok
Pau Velando, GM at Strands Finance @Pau4ir

“For us, it’s about taking information, and transforming that information to give relevant services at the right time,” Frankie says. “It’s very easy to say, ‘You’ve overdrawn, sorry.’ What we like to do is think a week ahead. Things like Netflix, which is generally a monthly subscription, comes in a certain way. What we’ve tried to do is second-guess if that payment is going to happen. Like, ‘FYI, your Netflix of £9.99 is due to come out in four days. You might need to think about doing something different about [your spending].”

“The old way to consume PFM was based on charts,” Pau says. “You’ve got the pie chart, you’ve got the bar chart, the trend line telling about how your categories were instead of mixing your expenses. Today, PFM is used to trigger banking processes, to trigger a loan, to trigger a credit card subscription, to trigger a savings goal, to move some money apart. The system is understanding how you are moving your money and how you are spending it. We’re talking about invisible PFM. Those mobile banking apps are powered by data. You don’t necessarily need to see it but it’s there.”

Thanks for listening! If you like what you heard, please subscribe to our podcast, and leave us a review on iTunes – this helps people discover us.

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In this episode News, glorious news! We’ve switched up the format of the show in season 2. Every Monday, we’ll bring you FinTech Insider News, a show dedicated exclusively to the latest FinTech and financial services headlines. Wednesday features FinTech Insider Insights, where we’ll continue to bring on experts to discuss digital banking, new business models, APIs, and all the other areas that matter to our industry. And on Fridays, with FinTech Insider Interviews, we’ll continue to share the individual stories of people making the biggest impact in FinTech and financial services.

Guests * Frankie Woodhead, Director, Commercial & Channels at Barclays – @FTWoodhead * Alessandro Hatami, Managing Partner at The Pacemakers – @ahatami

News this week 1. The Telegraph – Donald Trump plans new deal for Britain – Link 2. Pascal Bouvier – The Passporting Gambit – Link 3. Pyments – MiSys aims to kill P2P lending / alternative lending – Link 4. Business Insider – Siemens partners with Scalable Capital – Link 5. Reuters – Tencent, Hillhouse Capital take stakes in Aviva Hong Kong – Link 6. Finextra – China’s Ant Financial goes global in bid for two billion users in 10 years – Link 7. Ant Financial – MoneyGram Agrees to Merge with Ant Financial – Link 8. The Register – Lloyds Bank outage: DDoS is prime suspect – Link 9. Hacker group claims responsibility for Lloyds with ransom demands – Link 10. Finextra – UK banks strike branch banking deal with Post Office – Link 11. CNBC – Deutsche Bank’s CEO says technology will be key to banking in the next five years – Link

We’d also like to welcome our new sponsors this year, LinkedIn and the Financial Times. We’re really excited about these new partnerships and taking FinTech Insider to the next level.

If you enjoyed this podcast, please take the time to review us on iTunes. Want to learn more about the hosts? Visit us on 11fs.co.uk

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In this episode Tandem CEO Ricky Knox says banking should feel effortless, as easy as listening to Spotify. He shares how Tandem is building this kind of digital bank, and how his previous startups, including Small World Financial Services and Azimo, led him to where he is today. Tandem is the second digital bank in the UK to get its banking license, and recently received a £35 million investment from House of Fraser.

“We really want to build banking as a service, or banking as a solution, in the same way that I now listen to Spotify,” Ricky says. “I don’t have a buying experience anymore…I can have music in every room. It should feel a little bit like that to do your banking. It shouldn’t be any effort.”

You’ll also hear from Chief Customer Officer Ruth Handcock, who says her job is listening to customers, then translating that into what Tandem is building.

Enjoy the episode! If you’re a fan of FinTech Insider, please review us on iTunes. This helps other people find us. To learn more about the team that brings you FinTech Insider, visit 11fs.co.uk

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In this episode Tandem Takeover! We talk to the team building ‘a new kind of bank’ about how you can be digital and still be very human, how to recruit at a startup, the future of banking, how to be truly agile, how to advocate for customers, and more.

Guests * Ricky Knox, CEO @rickykno * Ruth Handcock, Chief Customer Officer @RuthHandcock * Nick Perrett, Chief Product Officer

“A good bank feels like a bank that actually has your back, that therefore is making decisions in your interest, much like your doctor might or a good friend might,” says Tandem CEO Ricky Knox. “How does that translate into a product and how do we build banking that fits seamlessly around your life, pulls out all the hassle, and answers the requirements you might have for borrowing or lending on an automated basis? The first step in that is owning and understanding the data surrounding your financial services life and relationship. Pulling that data together and forming that holistic picture of how the person’s finances are evolving, and what their financial needs are at any one time, is a really key part of our proposition.”

If you enjoyed the show, please take a moment to review us on iTunes. We love reading the reviews and they help people find our show.

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In this episode Lesley-Anne Vaughan, Director of MiLA Consulting and Co-Creator of M-PESA, talks to us about how she helped develop the famed mobile money transfer service in Kenya. M-Pesa lets customers use their phone to deposit and transfer money from one person to another without using a bank account. It works using a network of thousands of stores, where the cash agent network does debits and credits.

“In 2007 we launched M-Pesa as a live service, but in 2005 the original product was microfinance,” Lesley-Anne says. “We were solving a painpoint of how do we get microfinance to be more effective, more efficient, more cheaply administered.”

Since 2005, Lesley Anne has been dedicated to mobile money and mobile financial services in emerging markets. The incredible work she did to build and launch M-PESA earned her name on the patent, which is pretty amazing!

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In this episode What are APIs? We break it down in today’s episode with some great guests. But a little taste: All the connected apps you use on your phone talk via APIs to get their data. So when you check the weather, says David Andrzejek, the weather app on your phone makes an API call to a system to get the weather data. Lesley-Anne Vaughan says APIs are like ordering from a menu at a restaurant. You place your order from the menu, which is like an API call out to the kitchen (system). The food that comes to the table is the system’s response to that API call. What does this have to do with financial services? Bankers should be interested in APIs because they enable the digital experiences their customers want.

More API analogies and explanations await in episode 202!

Guests * Lesley-Ann Vaughan, Co-creator of M-PESA @VaughanLA * David Andrzejek, VP Vertical Solutions at Google @davidandrz * Aubrey Hawes, Senior Director of Product Marketing at Oracle @gahawes3 * Ghela Boskovich, Founder of FemTechGlobal @GhelaBoskovich

News this week 1. Finextra – US regulator cites fintech as risk to banking system [Link] Full report [Link] 2. IBTimes – DTCC creating credit derivatives blockchain with Axoni, IBM and R3 [Link] 3. FT – Banks risk missing 2019 ringfence deadline [Link] 4. Mashable – 56,000 petrol pumps in India to stop accepting credit and debit cards; citizens miffed [Link] Decision has been deferred until the 13th of January [Link] 5. Banking Technology – “Humanoid” Ira to assist customers in HDFC Bank branches [Link] 6. Financial Tribune – Iran’s 1st Open Banking API Launched [Link]

Enjoy the episode! If you’re a fan of FinTech Insider, please leave us a review. We haven’t seen a new review in awhile and you’d make our heart soar with glee.

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In this episode Today we’re speaking to Benoit Legrand, Global Head of FinTech at ING. Benoit has more than 20 years of experience in transforming various areas of banking, and even founded a startup. In this interview he shares how ING is like a ’20-year-old FinTech,’ and why a team’s banking experience is key to helping banks change.

“I’ve seen so many companies just trying to bring people from outside with a very digital background. But they are not speaking the banking language. And you need that to make sure that the power of the company is being used to transform itself.”

Two decades ago, ING became the world’s first branchless, online bank, offering services via phone and internet. Today the Dutch multinational has 33 million customers around the world.

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In this episode Transaction banking has been defined as “the plumbing of international business. It ensures that salaries get paid, money for goods and services gets delivered, investment returns are credited where they belong, and the wheels of world trade keep turning” – Global Finance Magazine. In this episode, Mark Buitenhek (@MarkBuitenhek), Global Head of Transaction Services at ING, and Benoit Legrand (@_benoitlegrand), Global Head of FinTech at ING join us for transaction banking 101.

News this week 1. The Independent – Sir Ivan Rogers quits: Britain’s EU ambassador attacks ‘muddled’ Brexit thinking in scathing resignation letter – Link 2. TechCrunch – Monese raises $10M Series A for its banking app targeting immigrants and expats – Link 3. House of Fraser also invests in Tandem – Link 4. Finextra – China launches $1.5bn fintech fund – Link 5. FT – Bitcoin has all the attributes of a pyramid scheme – Link

Thanks for listening! If you get value from this podcast, please head on over to iTunes and leave us a review. You’ll make our week!

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Leda Glyptis (@LedaGlyptis) should be first on your list for any dinner party. Full of wit and wisdom, this banking and fintech legend always takes conversations to the next

level. We talk to her about APIs and open banking, the aftermath of Brexit, PSD2, the golden rule she lives by and more.

“APIs are creating a Harry Potter moment,” Leda says. “For a long time, a lot of technology was not permitted for use in banks. Now, we can redesign what we do because new things are possible. It’s absolutely inspirational.”

Enjoy the interview! If you like FinTech Insider, you’d make our week by leaving us a review on iTunes.

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Happy New Year from FinTech Insider! Wow, 2016 was an incredibly busy year for us. In addition to doing this podcast, in May we started a company called 11:FS, a fintech consultancy that helps banks become truly digital. One of our core beliefs is that digital banking is only 1% finished.

What does that mean?

Today we thought we’d recap, and share a little bit more about who we are at 11:FS. You’ll hear clips of us speaking individually at an event we co-hosted with solarisBank in Berlin not that long ago. Then we’ll kick it over to the group discussion we had with solarisBank Board Member Marko Wenthin. You’ll also hear from Andrea Rexer, Senior Editor at Sueddeutsche Zeitung.

Hope you enjoy the show! We speak at events all over the world. If you’re keen to learn more, email us at speaking@11fs.co.uk

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Time to make fintech predictions for 2017! Will PSD II be the biggest disappoint of the year? How big will the challenger banks get? Is regtech the new fintech? We make predictions on all this and more.

We’re joined by:

David Birch, Director of Innovation, Consult Hyperion @dgwbirch
Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn

Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter.

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And now for part 2 of our 2016 FinTech Review — What a Crazy Ass Hear This Has Been. We discuss Pokémon (remember that?), the UK ringing in a new Prime Minister, the US electing Donald Trump as President, the Wells Fargo scandal, Facebook payments, China, and, of course, us starting the FinTech Insider podcast! Plus lots more.

Sit back and enjoy our review of the major trends that shaped financial services for the second half of the year. We’re once again joined by:

David Birch, Director of Innovation, Consult Hyperion @dgwbirch
Izabella Kaminska, FT Alphaville blogger @izakaminska
Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn

Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter.

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You’ve had your holiday meals, now it’s time to digest 2016. What a crazy ass year this has been. Brexit. President Trump. Chatbots and fake news. Wells Fargo scandal. Hacks taking down elections and ecommerce. China becoming a fintech star. PSD II and the promise of APIs.

So much happened in 2016, we’re splitting our review into two parts. Today, you’ll get a whistle stop tour of the major trends that shaped financial services for the first half of the year. We’re joined by:

David Birch, Director of Innovation, Consult Hyperion @dgwbirch
Izabella Kaminska, FT Alphaville blogger @izakaminska
Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn

Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter.

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In this episode We’re back with Part 2 of our takeover of Monzo, one of our favourite challenger banks. In this episode, we dive into the details on how they’re creating a truly digital bank. You’ll learn how they’re organised, building technology from the ground up, fostering a culture of trust and learning (fun fact: they all have access to each other’s emails), what makes their design so special, why their community is so engaged, and more.

Our guests * Jonas Huckestein, Co-Founder and CTO at Monzo @Jonas * Hugo Cornejo, Head of Design at Monzo @hugocornejo * Leah Templeman, Head of Operations at Monzo @leahtemplewoman

Monzo is hiring, you lucky ducks. Check it out.

Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter.

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In this episode Field trip! This week we geek out at Monzo’s headquarters in London. Monzo is one of our favourite challenger banks, which they’re building from the ground up with help from thousands of customers. Their tagline: ‘Finally, a bank as smart as your phone.’ In this episode, you’ll learn how to build a digital bank Monzo style. Our guests:

Jonas Huckestein, Co-Founder and CTO at Monzo @Jonas
Hugo Cornejo, Head of Design at Monzo @hugocornejo
Leah Templeman, Head of Operations at Monzo @leahtemplewoman

“Everything has originated from a very, very small group of people, a year and a half ago,” Jonas says. “We had these very first prepaid cards, and we started inviting technology-savvy people in London to our offices for a hackathon to build cool things. We had a few hundred people like that, and then they told their friends, and then they told their friends…People would still consider themselves to be the members of a community as opposed to the users of a card that gives you free foreign transactions.”

Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter.

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In this episode Gary Turner is Co-Founder and Managing Director of Xero, which provides small- to medium sized businesses (SMBs or SMEs) with online accounting software. Forbes described Xero as the “World’s Most Innovative Growth Company.” In this episode, Gary talks about how he helped take Xero from a 3-person startup with £50,000 in revenue to a company that will have £150 million in revenue this year. He also shares his favourite productivity hacks, podcasts, and advice to those getting into fintech.

“We have a saying at Xero,” Gary says, “It’s not the big that eat the small, it’s the fast that eat the slow.’ Focus on what it is you need to do, and do it really, really quickly. Don’t debate it, and don’t analyse it for three weeks, and don’t write a white paper on it, and don’t commission a survey. If you’re small, if you’re a startup, you can move at light speed, much quicker than anyone else can – use that advantage while you have it.”

Gary Turner, Co-Founder and Managing Director at Xero @garyturner

Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at fintechinsider@11fs.co.uk

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In this episode Business banking sucks, but it doesn’t have to, say this week’s stellar guests. The CEO of Tide and Co-Founders of xero and Penta join us to discuss how fintech is revolutionising SMEs (small- to medium sized enterprises/businesses). We talk to them about how fintech is giving business owners their lives back, simplifying processes, improving customer service, and saving them hours on admin every week so they can focus on growing their business.

Work/life balance is a major problem for small business owners, who work their day job then spend hours on admin in the evening. Software and smart solutions created by our guests and other fintechs will solve that problem. “So your admin requirement is going to go away dramatically and you’ll get your life back. That’s my prediction for the next five years,” says George Bevis, CEO of Tide.

Guests * George Bevis, CEO of Tide @GeorgeBevis * Gary Turner, Co-Founder and Managing Director at xero @garyturner * Luka Ivicevic, Co-Founder at Penta @lukaivicev * Ghela Boskovich, founder of FemTechGlobal @GhelaBoskovich (thanks for guest co-hosting, Ghela!)

News this week 1. Finextra – China tops fintech ranking Link 2. International Business Times – The ‘fintech’ approach to data science and machine learning – Link 3. Finovate – Santander investing in Tradeshift – Link 4. TechCrunch – N26 launches in 17 more countries…but backs away from UK launch plans – Link 5. Forbes – Amazon Go Ends Checkout Lines And Shoplifting, Begins A New Era In Retail – Link

Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes – we love reading those reviews! – and befriend us on Facebook and/or Twitter.

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In this episode Onboarding a FinTech into a bank is expensive, due to acquisition and compliance costs, and the risks that come with different APIs. Railsbank, which goes live in early 2017, will give banks access to the FinTech world through one API. We talk to Nigel Verdon, CEO and Co-founder of Railsbank, about how his company serves as the glue between FinTechs and banks.

Nigel Verdon, CEO & co-founder Railsbank, @nigelverdon

Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at fintechinsider@11fs.co.uk

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In this episode Several of this week’s guests are part of the Financial Conduct Authority’s regulatory sandbox in the UK. The FCA created the sandbox as ‘safe space’ for startups and companies to test ideas before becoming fully regulated, saving them time and money. The objective is to encourage and deliver more effective competition in the interests of consumers.

On the show, we’ll talk about the benefits of being in the programme, how the FCA sandbox works, and what it takes to get your company accepted.

Guests this week * Matt Herbert, Director of Strategy and Digital at British Bankers’ Association @HerbertMatt * Hadi Kabalan, Managing Director at Otonomos for EMEA & the Americas @hadikabalan * Gene Vayngrib CEO & Co-founder of Tradle @urbien * Edward Maslaveckas, CEO & Co-founder at Bud @Ed_Masl

News This Week 1. £5 notes made from meat products – Link 2. TechCrunch – Yes, the UK now has a law to log web users’ browsing behavior, hack devices and limit encryption – Link 3. BBC – RBS worst hit in Bank of England stress test – Link 4. Banking Tech – New UK challenger bank Masthaven opens digital doors – Link 5. Royal Mint to issue digital gold Link 6. The Hill – Apple, Google, Amazon ask Trump for focus on financial tech – Link

The sandbox is open to firms from around the world, as long as they want to test in the UK market. Applications for the second cohort are open until January 19, 2017. To apply, email sandbox@fca.org.uk or visit the FCA website.

Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and

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In this episode Hello, FinTech Insiders! This week we chat with two awesome guests leading innovation in different areas: blockchain and wealth management.

Jeff Garzik, Co-Founder of Bloq @jgarzik
Dave Bruno, Head of UBS WM Innovation @SuperDaveBruno

Jeff — whom we definitely consider a blockchain godfather — shares how he got interested in coding, bitcoin, and blockchain, and how he sees this space evolving.

Dave — aka ‘SuperDaveBruno’ on Twitter — talks to us about robo-advisors, digital wealth management, and why he’s always on the offense when it comes to innovation.

Make sure you check out Dave’s YouTube channel. Such great fun and you’ll learn a ton.

Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at fintechinsider@11fs.co.uk

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In this episode Wealth Management isn’t just for the super rich anymore. It’s opened up to everyone. But the reality is, most of us aren’t taking steps now to have a nice life in the future—or even to be able to retire. This week, our expert guests discuss how we can solve this massive social problem. We also chat about robo-advisors, creating offense in wealth management, digital wallets, and, of course, Metallica.

Guests * Dave Bruno, Co-Founder of YNOME and Head UBS WM Innovation @SuperDaveBruno * Jonathan Hey, Head of User Experience at Nutmeg @jonohey * Joe Parkin, Head of Wealth and Retail at iShares by Blackrock

News this week 1. Bloomberg – India’s Misguided War on Cash – Link 2. Mashable – The Astronomical Rise of Mobile Wallets in India – Link 3. Coindesk – Goldman Sachs and Santander Leaves R3CEV – Link 4. Wired – Google is Amazing at Pictionary…Crowdsourced Machine Learning – Link 5. Wealth Management – Envestnet Yodlee Strikes Partnership With Morgan Stanley – Link 6. TechCrunch – German Online Wealth Management Platform Cashboard Scores €3M Series A – Link 7. Wealth Management – Metallica Bassist Takes Equity Stake in RIA – Link

For more about Dave Bruno, check out his YouTube channel.

For more on Jonathan Hey, visit sketchplanations.com.

For more on iShares by Blackrock, go to www.ishares.co.uk.

Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at fintechinsider@11fs.co.uk

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Special Guest: Joe Parkin.

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In this episode Guests Sam Maule and Chris Gledhill are among the 100 most influential fintech leaders in 2016. Fun fact: Chris used to build software for submarines and Sam used to live on them.

Sam is Director of Digital & FInTech at NTT DATA Americas @sammaule
Chris is CEO and Co-Founder at Secco @cgledhill

Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at fintechinsider@11fs.co.uk

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In this episode Are chatbots the last bridge to true AI? Or are we getting excited over nothing? We discuss whether chatbots are ready for primetime, as well as the latest fintech news.

Guests this week * Sam Maule, Director of Digital & FInTech at NTT DATA Americas @sammaule * Nigel Verdon, CEO & co-founder of Railsbank @nigelverdon * Leysa Li, Head of Content at Railsbank @LesyaLi

News this week 1. ValueWalk – Future of FinTech [INFOGRAPHIC] – Link 2. Business Insider – Chancellor Philip Hammond says UK is ‘global fintech capital’ as Nutmeg raises £30 million – Link 3. Banking Technology – More branches and jobs to go at Lloyds Banking Group – Link 4. City AM – Most fintech employees don’t value diversity in the workplace – Link 5. Mattermark – AI Is The New New Thing (And It’s Taking Over) – Link 6. Finextra – PayPal sends cash with Siri – Link 7. HBR – Simple Digital Technologies Can Reduce Health Care Costs – Link 8. Engadet – Twitter expands ‘mute’ and ‘report’ features to combat abuse – Link 9. Why chatbots are the last bridge to true AI – Link

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In this episode Richard Brown, Chief Technology Officer at R3, started building a blockchain platform called Corda from scratch a year ago. The distributed ledger platform is different from other blockchain platforms in that it’s designed explicitly for and by the world’s financial institutions. R3 is a consortium of over 75 of the world’s largest financial institutions, and Richard Crook, Head of Innovation Engineering at RBS, sits on its steering committee. He crystallized the mission statement that led to the creation of Corda, which will be available November 30.

We sit down with both Richards to talk about the current and future state of blockchain.

Richard Brown @gendal

Richard Crook@rickcrook

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In this episode Will Trump roll back regulation? Did chatbots swing the election? The 11:FS team discuss with three brilliant guests:

Richard Brown – Chief Technology Officer, R3 – @gendal
Richard Crook – Head of Innovation Engineering, RBS – @rickcrook
Ajit Tripathy – Fintech and Digital Director, PWC – @triptananda

Then these blockchain experts debate the fetishization of the distributed ledger technology, what blockchain really is, and where we’re headed.

News this week 1. Business Insider – Here’s what a Trump presidency means for US fintech – Link 2. Wired – The Political Twitter Bots Will Rage This Election Day – Link 3. Reuters – Exclusive: Goldman Sachs considers Frankfurt move over Brexit – Link 4. BankNXT – Bank of America’s new chatbot is a higher form of intelligence – Link 5. Bloomberg – A Warning for Fintech – Link 6. ZDNet – Banco Sabadell: Fintech and platforms in transition – Link 7. Motherboard – After 20 Minutes of Listening, New Adobe Tool Can Make You Say Anything – Link

Enjoy the show! If you like us, subscribe so you never miss an episode.

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In this episode 11:FS’ resident blockchain geek, Simon Taylor, is in heaven this week. Today we bring you ace interviews with

Adam Ludwin, Co-Founder & CEO at Chain – @adamludwin
Trent McConaghy, Founder & CTO of BigchainDB – @trentmc0

Later this week, we’ve got another fantastic blockchain episode with R3’s Richard Brown and other great guests.

Chain is a blockchain technology company that partners with financial firms to build and deploy blockchain networks that transform markets.

BigchainDB allows developers and enterprise to deploy blockchain proof-of- concepts, platforms, and applications with a scalable blockchain database.

Simon, blockchain lead at 11:FS, is a globally-recognised blockchain subject matter expert and fintech Influencer. He serves as a trusted advisor to the UK government, Bank of England, tier 1 banks, asset managers, and investors. He also established Barclays as one of the leaders in blockchain and helped a variety of startups flourish through Barclays Tech Stars accelerator.

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In this episode Nothing scandalous happens in Vegas at Money20/20; let’s just get that out of the way. In its fifth year, Money20/20 is an event that people attend mostly to network and dance awkwardly at after parties. But in between those things, some great discussions happen. This year, financial inclusion was top of mind. Alipay surprised everyone with its announcement of going global. And Chris got a tattoo!

Chloé James – of Sky News Australia and RFi – attended Money20/20 with Chris, and joined him and the other 11:FS lads to chat about it.

News this week 1. FT – See the companies included in the Future of Fintech Awards shortlist – Link 2. BBC – Brexit court defeat for UK government – Link 3. Reuters – UK fintech finds EU barriers emerging after Brexit vote – Link 4. City A.M. – City passporting rights deal “unachievable” in Brexit negotiations, warns top EU financial lawyer – Link 5. City A.M. – UK fintech pushes for its very own “Big Bang” moment – Link 6. FinExtra – Mastercard releases blockchain APIs – Link 7. American Banker – How Zcash Tries to Balance Privacy, Transparency in Blockchain – Link 8. Business Insider – The fintech startup founded by ex-Barclays CEO Antony Jenkins has already done its first big deal – Link 9. BBC – Facebook blocks Admiral’s car insurance discount plan – Link

Also, hot off the press (or YouTube), check out Chris’ talk at Agenda FinXTech Summit Open Sourcing Finance: How FinTech Firms are Building a ValueWeb

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In this episode Our first podcast dedicated to FinTech Insider Interviews features InsurTech influencers Freddy Macnamara and Mathilda Strom. Get Insured for an Hour (or more) on a Friend’s Car Freddy Macnamara, Founder and CEO of Cuvva, gives us a behind-the-scene’s look at how buying car insurance works, and how his InsurTech company has managed to cut out the intermediaries. “James, our co-founder, and I got an office in an incubator called Codebase in Edinburgh, and we hired a couple of contractors, raised a small seed round…and thought, right, what does the perfect insurance distribution platform look like? And we made a point of not talking to any industry veterans, so we could start from first principles – and what we’ve ended up with is a system where the customer is the defining feature of the database, rather than the policy.” Protecting the Future of Every Family Deputy CEO Mathilda Strom has helped Bima grow from a pilot in Ghana to an organisation bringing health, accident, and life insurance to millions of people in emerging markets. Bima is a leading InsurTech player that uses mobile technology to disrupt the global insurance industry and fuel financial inclusion.

“About a year ago, we paid out a claim to a woman in Pakistan…she has four children, and she lost her husband in a tragic, drive-by shooting. She then received, within two days of giving the death certificate of her husband to us, $3,000 from Bima as a claims payout, and she was then able to send her eldest son to graduate school, and then have enough money left over that she could support the rest of her children for up to two years in salary that her husband could otherwise have been able to contribute to the family. So this really does make a massive impact on the lives of the people that we’re serving.”

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In this episode InsurTech has dominated financial headlines lately. ‘Should the insurance sector be worried?’ Yes, say our guests! In fact, the very question is absurd. Listen to the experts who joined us:

Leda Glyptis (@LedaGlyptis) – Director, Sapient Global Markets;
Freddy Macnamara (@_freddymac) – Founder and CEO of Cuvva;
Nigel Walsh (@nigelwalsh) – Partner at Deloitte

News this week * Financial Times – China challenges London’s FinTech lead Link * FT Adviser – Minister pledges fintech sector support post-Brexit Link * Mirror – Cheeky eBay user selling plastic £5 note ‘printed upside-down’ for £65,000 Link * Finextra – Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018 Link * Amazon Executives Are ‘Pleased’ With Results of Retail Bookstores So Far LINK * Big DDoS attacks hit Amazon Web Services customers, but Jassy assures cloud is secure LINK * Clydesdale ‘makes an offer to RBS for Williams & Glyn’ – BBC News LINK

Got a burning question or just want to shout of how much you’re loving what’s in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on FinTechInsider@11fs.co.uk

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In this episode FinTech is heating up in the Nordics, where 11:FS’s Chris Skinner chairs the Nordic Finance Innovation Group. The region is punching above its weight in terms of innovation (Spotify and Skype, anyone?).

You’ll hear interviews from Iren Tranvåg (@IrenTranvaag) – CEO at Nordic Finance Innovation; Søren Rode Andreasen (@RodeAndreasen) – Development Director for Core Banking at Danske Bank Group; Jarkko Turunen (@jarkkoturunen) – Head of Open Banking at Nordea; and Sergii Danylenko, Marketing Director at PrivatBank. We’re also joined by FinTech journalist Anna Irrera (@annairrera).

News this week 1. Finextra – The bank of the future will be invisible Link 2. Reuters – Blockchain platform developed by banks to be open-source Link 3. Coindesk – Hopes Are High Tomorrow’s Ethereum Fork Won’t Be Like the Last Link 4. Finextra – New EU rules could cost UK firms £122bn in cybersecurity fines – PCI SSC Link 5. Economist – Hide and seek: Bangladesh’s missing millions Link 6. Forbes – Survey On Consumer Attitudes Toward Fintech Spells Trouble For Banks Link 7. Quartz – Twitter fired its new VR manager because of something he posted to Facebook years ago Link 8. The Nordic Web – The Q3 2016 Nordic Exit Analysis Link

Got a burning question or just want to shout of how much you’re loving what’s in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on FinTechInsider@11fs.co.uk

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In this episode This week we had the pleasure of talking to some global thought leaders about a topic that is on everyone’s mind; APIs.

This week we are joined by Leda Glyptis (@LedaGlyptis) – Director, Sapient Global Markets, Megan Caywood (@MeganCaywood) – Director of Marketplace Platform at Starling Bank, Markos Zachariadis (@MarkosZach) – Assistant Professor at Warwick Business School & Research Fellow at the University of Cambridge and Alex Lipton – Connection Science Fellow at MIT Connection Science

News this week 1. FT – Big banks miss out on FinTech investment opportunities : LINK 2. Banking Tech – MasterCard and SolarisBank partner for digital banking push : LINK 3. Finextra – UK banks lag behind rest of high street on customer experience – BookingBug : LINK 4. Telegraph – Bank of England’s Mark Carney and Philip Hammond in bank ‘war game’ : LINK 5. BBC – RBS squeezed struggling businesses to boost profits, leak reveals : LINK 6. Express – Which banks are getting most complaints from YOU? : LINK 7. *Forbes* – Why The Teacher Of The Future Will Be Neither Man Nor Machine : LINK

Got a burning question or just want to shout of how much you’re loving what’s in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on FinTechInsider@11fs.co.uk

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In this episode This week we had the pleasure of talking to some global thought leaders in the space of Financial Inclusion.

This week we welcome onto the show Kosta Peric (@copernicc) who is the Deputy Director, Financial Services for the Poor at Bill & Melinda Gates Foundation. We have Faith Reynolds who is a Member of the Financial Innovation Standing Committee CWG at ESMA. We have Jaz O’hara the founder at the World Wide Tribe (www.theworldwidetribe.com) and lastly we have Lynsey Barber (@lynseybarber) who is the Tech Reporter for City A.M.

We’ve a huge show for you chatting through some of the main issues surrounding Financial Inclusion.

News this week 1. FT Banks are not making proper use of Fintech 2. Finextra – ING to spend EUR800M on Digital and Shed 7,000 Jobs Link 3. Reuters – Deutsche Bank in race to settle DoJ $14Bn Fine Link 4. FT – Start-up WB21 Moves to Berlin but not all is as it seems Link 5. Finextra – Banks ready for real world Blockchain Link 6. PYMNTS – AliPay launching in three London Stores Link 7. Techcrunch – Grow launches its App for Socially Responsible Investing Link 8. The Memo -Moni Gives Financial Inclusion and dignity to European Migrants and refugees Link 9. Euromoney FInancial Inclusion is changing the face of banking Link

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In this episode This week we had the pleasure of visiting Berlin, an incredible, vibrant and historic city, now becoming a global Tech and FinTech Hub. We bring you the brightest and best from the Berlin FinTech scene.

Your hosts, as always, is David Brear (@davidbrear) and Jason Bates (@JasonBates) Simon Taylor (@sytaylor) and Chris Skinner (@Chris_Skinner).

We’re joined by our kind hosts from Berlin Marko Wenthin (@solarisbank) and Philipp Blankenagel (@Pblankangel)

We interview Valentin Stalf (@valentinstalf) the CEO of the Red Hot N26 Challenger Bank

Then we finish up with an interview with a really interesting concept from Oliver Neumann of OptioPay (@otneumann)

News this week 1. Economist – Central Banks Taking it to 11 : LINK 2. The Guardian – Global Banking Shares Dive among $14bn Deutsche Bank Fine : LINK 3. The Verge – Elon Musk: First humans who journey to Mars must ‘be prepared to die’ : LINK 4. Telegraph – Almost 5,500 firms use passports to access EU from UK : LINK

Connected to this one.. 5. Standard – Sadiq Khan confirms ‘London work permit’ plans to stop post-Brexit exodus : LINK 6. Accenture creates editable blockchain – LOL 7. Business Insider – Scaleable Capital attracting 4m Euro per week in deposits : LINK 8. Fast Company – Simple launc

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In this episode We have an awesome show for you this week talking to some of the most innovative people changing the way some of the largest banks on the planet operate.

Your hosts, as always, is David Brear (@davidbrear) and Jason Bates (@JasonBates) with an by interview Simon Taylor (@sytaylor) but with Chris Skinner (@Chris_Skinner) MIA this week.

We welcome back Anna Irrera (@annairrera) – Fintech reporter for Financial News, Dow Jones as well as Mariano Belinky (@belimad) and Pascal Bouvier – (@pascalbouvier) from Santander InnoVentures talking about their fund and how things work in Santander.

We interview Shamir Karkal (@shamir_k) the former founder and CEO of Simple and now the Head of APIs for BBVA.

Lastly we talk to Neal Cross (@Neal_X) – Chief Innovation Officer at DBS Bank about the transformation he has spearheaded at DBS as well as what its like to be crowned the most innovative CIO on the planet.

News this week 1. REUTERS – Wells Fargo seeks to shore up reputation in wake of scandal : LINK 2. eFinancial News – Citi fintech acceleration head departs : LINK 3. FT – UK Regulators are the most FinTech friendly : LINK 4. REUTERS – Hong Kong to launch banking fintech ‘sandbox’ as rivals pull ahead: LINK 5. Finextra – Singapore and Switzerland forge FinTech pact : LINK 6. *FinNews –* CBA and Barclays Reveal Long Distance Fintech Solution : LINK* 7. *Business Insider –

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This week we have a marathon of a show focussing on AI, Bots, Machine Learning and everything else augmented.

Your hosts, as always, is David Brear (@davidbrear), Jason Bates (@JasonBates), Simon Taylor (@sytaylor) and Chris Skinner (@Chris_Skinner)

We have a fantastic lineup this week of guests with; Devika Thapar (@DeeThapar) – Financial Services Leader, IBM Watson, Dr. Ella Rabener (@ella_rabener) – CMO of Scalable Capital and Ereli Eran (@ereli) – Senior Data Scientist at Ravelin.

We hope you enjoy the show

Key stories this week:

IB Times – Barclays completes the world’s first live, end to end trade finance transaction with a live customer on Blockchain : LINK
QZ.com – Alphabet, Amazon, Facebook, IBM, and Microsoft are creating the Justice League for AI : LINK
Technology Review – MIT report – AI Wants to Be Your Bro, Not Your Foe : LINK
Polygon – Watch the first ever movie trailer made by artificial intelligence : LINK
Venture Beat – Are chatbots an evolution or a revolution? : LINK
Venture Beat – Apple pushes its AI expert hiring spree into overdrive : LINK
The Drum – David Ogilvy’s first interview since he died? Possibly not but Watson and The Drum prove

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This week we are unpacking some of the latest and greatest breaking news with Ed Maslaveckas (@Ed_Masl) and Jamie Campbell (@JCtheOriginal).

We are also joined by the fantastic Lawrence Wintermeyer (@lwintermeyer) who is the CEO of Innovative Finance.

Key stories this week:

Independent – Apple tax: UK says it welcomes any company after tech-giant hit with £11bn Irish tax bill : LINK
Fortune – Beware of Blockchain Hype Says Chain CEO Adam Ludwin : LINK
Coin Desk – IBM Bridges Blockchain, AI With New Business Unit : LINK
Australian Financial Review – ANZ Bank ups cloud focus with open networks for fintech collaboration : LINK
Business Insider – Oscar – City CEO: ‘The whole banking model is a bit broken’ and at risk of an Uber moment : LINK
Telegraph – Jeremy Corbyn has a plan to ‘democratise the internet’. But does he even understand it himself? LINK
Monzo – Mondo is now Monzo : LINK

If you enjoyed this episode, please subscribe using your favourite podcasting app and leave us a review on iTunes or the podcast platform of your choosing

Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on FinTechInsider@11fs.co.uk

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Key stories this week: 1. Finextra – BBVA says EU Bonus Cap hampers tech talent acquisition : LINK 2. Tech Crunch – LendUp secures $47m to build the “Friendly dolphin” not loan shark of credit cards : LINK 3. Coin Desk – Bitfinex to issue company equity (?!) to refund customers of hack : LINK 4. Coin Desk – One month after the DAO hack millions of dollars worth of funds unclaimed : LINK 5. Coin Desk : Digital Asset to open source “smart contract language” : LINK

If you enjoyed this episode, please subscribe below using your favourite podcasting app!

Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on @FinTechInsider or @11FSTeam.

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Key stories this week: 1. Alibaba Makes VR Payments Play : LINK 2. Standard Chartered rolling out Touch ID across APAC and MEA : LINK 3. Fenqile gets $235M to get people paying in “happy installments” : LINK 4. Hong Kong start-ups starved of banking services : LINK 5. 15 R3 Members Trial Distributed Ledger Tech for Trade Finance : LINK 6. ANZ hire Maile Carnegie from Google – doomed to fail? – LINK

If you enjoyed this episode, please subscribe below using your favourite podcasting app!

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This week we’re joined by Bill Sullivan (@WFSULLIVAN3) Global Head Financial Services Market Intelligence @Capgemini, Dominic Lindley (@DominicLindley) Financial Services Consumer Panel and friend of the show appearing for her hat-trick Anna Irrera (@annairrera) Trading and tech reporter for @FinancialNews (part of @wsj).

Key stories this week: 1. Finextra – Bitcoin and Blockchain “pose little risk to payments players” Credit Suisse Blockchain Report: LINK 2. TechCrunch – 200m revenue for Pokemon go – LINK 3. Business Insider – Fintech funding has declined except for one key area : LINK 4. Mashable – Apple Pay fights back against Australian banks LINK 5. How fintech could cash in on BoE rate cut – How fintech could cash in on BoE rate cut : LINK 6. Finextra – RBS scraps W&G carve out : LINK 7. Coin Telegraph – IBM to Launch One of the Largest Blockchain Implementations in the World :

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Key stories this week: * Bitcoin drops 20% on news of another exchange hack: * TransferWise gets direct access to Faster Payments * Fintech Fundings: 186 Companies Raised $1.6 Billion in June * A seven year old idea comes of age: Bank-as-a-Service * Venmo Will Soon Be Larger Than Any Bank P2P Service * German digital bank Fidor acquired by French banking giant * Why Australia’s Biggest Banks Are Going After Apple * Barclays rolls out voice biometrics for phone banking

If you enjoyed this episode, please subscribe below using your favourite podcasting app, follow the show @FinTechInsiders or get in touch at FinTechInsider@11FS.co.uk

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This week: This week we talk to some of the best people in banking and Fintech with Dave Birch, Director of Innovation at Consult Hyperion (@dgwbirch) and Izabella Kaminska, Financial Times Alphaville (@izakaminska). We also interviewed Antonio Fratta Pasini from CheBanca! (@chebanca)

We hoped you like Episode 104 – Follow us and tell us what you think of the show @FinTechInsiders or get in touch on FinTechInsider@11FS.co.uk

In the news we chatted through: Mark Andreesen and a16z go long on chat

http://a16z.com/2016/07/24/money-as-message/

Break up the financial watchdog over HBOS failures, MPs urge

http://www.telegraph.co.uk/business/2016/07/25/break-up-the-financial-watchdog-over-hbos-failures-mps-urge/?WT.mc_id=e_DM143962&WT.tsrc=email&etype=Edi_Cit_New_Tue_9Sections&utm_source=email&utm_medium=Edi_Cit_New_Tue_9Sections_2016_07_26&utm_campaign=DM143962

As goes correspondent banking so goes globalisation

http://ftalphaville.ft.com/2016/07/26/2170875/as-goes-correspondent-banking-so-

Italian finance minister rejects need for banks bail-in – Financial Times

http://goo.gl/yQPlDI

Engineers vs urban geometry

http://ftalphaville.ft.com/2016/07/22/2170732/engineers-vs-urban-geometry/

Fidor fuels O2 mobile banking launch

http://goo.gl/NuQU6I

Fintech sector sees 23 deals worth $184 million till June this year – Economic Times

http://goo.gl/F4Df3F

Mark Carney Has Started A Revolution By Embracing Fintech – Forbes

http://goo.gl/okTLI8

Drop in internet banking as rise in banking apps use is recorded

http://goo.gl/BGu4WN

We hoped you like Episode 104 – Follow us and tell us what you think of the show @FinTechInsiders or get in touch on FinTechInsider@11FS.co.uk

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1) BT fault hits broadband users and banks

http://www.bbc.co.uk/news/technology-36844712

2) Pokemon Go’s McDonald’s Partnership Points To A Promising Business Modelhttp://www.forbes.com/sites/parmyolson/2016/07/20/pokemon-go-mcdonalds-japan-nintendo-revenue/#3e0f226160d5

3) Apple Pay says bonjour to France and nei ho to Hong Kong

http://www.cnet.com/news/apple-pay-says-bonjour-to-france/

4) Oaknorth : first challenger bank to use Facebook at Work

http://www.bankingtech.com/536972/oaknorth-first-challenger-bank-to-adopt-facebook-at-work/?utm_source=rss&utm_medium=rss&utm_campaign=oaknorth-first-challenger-bank-to-adopt-facebook-at-work

5) Silicon Valley billionaire Peter Thiel is doubling down on a German fintech startup

http://uk.businessinsider.com/silicon-valley-billionaire-peter-thiel-increases-investment-in-germanys-deposit-solutions-2016-7

6) Google’s DeepMind trains AI to cut its energy bills by 40%

http://www.wired.co.uk/article/google-deepmind-data-centres-efficiency

7) Santander’s fintech VC firm got another $100 million to invest

http://uk.businessinsider.com/santander-innoventures-mariano-belinkey-new-fund-brexit-fintech-2016-7

8) A huge US bank is ignoring Brexit warning signs and is buying a new £300 million London HQ

http://uk.businessinsider.com/wells-fargo-buys-new-london-office-despite-brexit-2016-7

9) Central Bank Digital Currencies Could Boost GDP, Bank of England Says

http://www.coindesk.com/central-bank-digital-currencies-boost-gdp-bank-england-says/

10) UK Legislators Cast Critical Eye on Bitcoin and Blockchain at Parliament Event http://www.coindesk.com/committee-talks-blockchains-government-ethics-house-lords-hearing/

We hoped you liked Episode 3 – Subscribe and follow @obussmann) Marcus Treacher (@marcus_treacher) who is the Global Head of Strategic Accounts at @Ripple and we also chat through the news with Oscar Willams Grut (@OscarWGrut) who is the FinTech reporter for Business Insider. We hoped you like Episode 3 – Follow us and tell us what you think of the show @FinTechInsiders and keep letting us know what you think.

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Articles we discuss in the news:

1. The Financial Brand – What can banks learn from Pokemon?

https://thefinancialbrand.com/59873/banking-mobile-social-pokemon-go-app-engagement/

2. Overdrafts more expensive than payday loans says ‘which’

http://www.bbc.co.uk/news/business-36746372

3. Fred Wilson says “Corporate VCs are the devil”

https://www.cbinsights.com/blog/corporate-venture-capital-investment-disadvantages-fred-wilson-usv/?utm_source=The+Financial+Revolutionist+Weekly+Briefing&utm_campaign=23e67c8e48-Weekly_Briefing_No_36&utm_medium=email&utm_term=0_bbba91202b-23e67c8e48-76962253

4. Amex gets into SME lending

http://www.crainsnewyork.com/article/20160705/TECHNOLOGY/160709995/amex-challenges-square-on-deck-with-small-business-oans-online?utm_source=The%20Financial%20Revolutionist%20Weekly%20Briefing&utm_campaign=23e67c8e48-Weekly_Briefing_No_36&utm_medium=email&utm_term=0_bbba91202b-23e67c8e48-76962253

5. US Founder in London says no intention to move post Brexit

http://news.efinancialcareers.com/us-en/249475/heres-how-brexit-will-impact-the-us-vs-uk-fintech-rivalry

6. Revolut got funding – is fintech funding drying up?

http://uk.businessinsider.com/fintech-revolut-series-a-brexit-crowdfund-2016-7

https://www.finextra.com/newsarticle/29165/revolut-breaks-uk-crowdfunding-record-with-over-12-million-pledged

7. The US government says if you make less than $20 an hour, a robot is probably going to take your job http://qz.com/730399

We hoped you liked Episode 2 – Follow us and tell us what you think of the show @FinTechInsiders

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This week we are joined by Anna Irrera from the Wall Street Journal as well as Sophie Guibaud from Fidor to talk about how they see Brexit impacting Fidor and the Fintech world.

Articles we discuss in the news:

Apple Pay: Payment’s dirty little secret

http://www.pymnts.com/news/mobile-payments/2016/apple-pay-adoption-usage-2016/

Fixing the hole in Ethereum

http://www.coin-desk.com/ether-prices-plunge-dao-soft-fork-warning/

We hoped you liked Episode 1 – Follow us and tell us what you think of the show @FinTechInsiders

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