New banks, Podcasts

The Challengers 5: Why would anyone want to be a bank — the rise of BaaS — Wells should heed Buffett

  • This week's episode explores the growing trend of brands introducing financial services
  • It calls into question who and what is a bank: 'People want to bank with the brands they love'
The Challengers 5: Why would anyone want to be a bank — the rise of BaaS — Wells should heed Buffett

On today’s episode, Josh and Zack dive into the rising trend of banking as a service. As companies like Walmart and Apple continue to introduce financial services, they clearly don’t want to be banks. Instead they turn to banking as a service players.

Interestingly, challenger Starling Bank is embarking on a BaaS strategy, much like Amazon does with its AWS group. The young company will continue to grow its retail brand and B2B banking services in parallel.

Also in this episode:

  • South Africa’s first challenger TymeBank uses a hybrid online/offline user acquisition strategy and conversational AI to scale Source
  • Uncle Warren’s admonition for Wells Fargo’s CEO search committee to find someone outside of Wall Street Source
Data, Podcasts

Inside the Experian DataLabs with Eric Haller

  • Organic growth requires talent, resources, and focus.
  • Experian DataLabs is tasked with creating products and services for the firm's future.
Zack Miller | November 27, 2019
Podcasts

Oracle’s Aubrey Hawes on Open Banking and ecosystem building

  • Oracle's open APIs have structured an open banking platform for banks and fintech firms.
  • The company's head of sales consulting joins us to talk about Oracle's work in ecosystem building.
Zack Miller | November 14, 2019
Future of Investing, Podcasts

Titan’s Clayton Gardner: ‘We want to make sure we’re building cars, not faster horses’

  • While most robo-advisers have embraces passive investment strategies, Titan has taken a contrarian approach.
  • Its clients turn to the investment app for reasonably-priced hedge fund strategies.
Zack Miller | October 28, 2019
Payments, Podcasts

Behind the launch of Central Payments’ Falls Fintech accelerator with Trent Sorbe

  • Smaller financial institutions are finding ways to compete against large banks.
  • Central Payments, part of the Central Bank of Kansas City, is a good example.
Zack Miller | October 17, 2019
New banks, Podcasts

The challenges and opportunities in moving from DTC into enterprise with Moven’s CEO Marek Forysiak

  • Moven was an early pioneer in consumer digital banking.
  • Over the past few years, the firm has moved into providing enterprise technology.
Zack Miller | October 15, 2019
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