Five years ago, MoneyLion was competing as a neobank, driven to deliver growth on its customer numbers. Since going public, Dee Chouney's firm has evolved into a platform.
The MoneyLion CEO joins us on the podcast to explain why seeing the firm as a neobank isn't accurate, where growth in the business is coming from, and his view of the future of banking.
U.S. Bank's Shruti Patel explains how the firm is adapting its approach to serve the evolving needs of SMBs in the coming months.
"I am really excited about several product launches we have planned for this year... they will bring to life our strategy to deliver a fully integrated suite of banking + payments + software solutions for our clients.”
Tearsheet editor Zack Miller discusses the future of financial services technology, as he reflects on his conversation with Brian Busch, host of the SMB Tech Innovators Podcast powered by Gusto.
The two discuss the intersections of traditional financial institutions and fintech innovation, the challenges of integrating innovation, the impact of industry consolidation, the rise of embedded finance, and the imperative of partnership in driving the industry
Expanding on last year’s announcement, the recent development marks the official consumer launch of the Visa+ service with inaugural partners PayPal, Venmo, and DailyPay.
In addition to improving consumer experiences in P2P transactions, Visa+ also offers cross-platform interoperability for B2C payment flows via its APIs.
Net Interest Income took a downturn for some of the incumbent banks, impacting their financial performance in the first quarter of 2024.
While some of the big banks experienced growth in non-interest income this quarter, too, the impact of decreased Net Interest Income on revenues can ratchet up the focus to reduce costs and maintain earnings.