Fintech Recap

In this episode, we discussed:* Alex and I recorded this before “Liberation Day” and thus before Klarna chose to delay its IPO; that said, our analysis of Klarna's F-1 registration statement stands!* A return to BaaS Island: a first-hand account of Mercury and Evolve's abrupt public parting of ways; what other banks, fintechs, and regulators can learn from the chaotic split.* It's charter time: a brief discussion of SmartBiz, OakNorth, and OneMain's progress on charters; prescient, given the news this week that Stripe has applied for Georgia's merchant acquirer limit purpose bank (MALPB) charter (more on Stripe's news from me here, including a copy of the public portion of its application.)* And, as always, what Alex and I just can't let go of. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

In this episode, Alex Johnson and I discuss:* The chaos in DC. What might in mean for banking, fintech & consumers?* Varo Bank struggles on, with a new CEO and some additional capital.* A grab bag of BNPL topics.* And, as always, what Alex and Jason just can't let go of. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.We recorded this ~very special episode~ live during the Fintech XChange event in Salt Lake City, Utah, late last month — and were joined by Alloy Labs Alliance CEO Jason Henrichs (the more Jasons the merrier!). We had the chance to talk about:* Revelations that the Department of Justice is investigating the Synapse catastrophe* Patriot Bank's BaaS-related enforcement action* Ramp's launch of Ramp Treasury* Rohit Chopra's land stand at the CFPB* And, as always, what Alex and Jason just can't let go of…If you enjoy listening to this podcast and find value in it, please consider supporting me (and finhealth non-profits!) by signing up for a paid subscription. It wouldn't be possible to do what I do without the support of listeners like you! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month, Alex and I had the chance to talk about:* CBW Bank's fights a $20.5 million civil money penalty that could “imperil” the bank's existence* Will the IPO window open in 2025? Chime confidentially files to go public.* The CPFB's parting shots: the bureau files suit against Walmart & Branch (but not partner Evolve Bank & Trust)* And, as always, what Alex & Jason just can't let go of Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap. This month we had the chance to talk about:* Our time in Washington, DC, to attend the American Fintech Council Policy Summit, FinRegLab's AI Symposium, and a variety of other meetings* What's been happening on “BaaS Island,” with the Synapse bankruptcy moving into its next phase as depositors are left wondering when — or if — they'll ever be made whole* The CFPB's rule defining larger participant in the digital wallet space* …and, as always, what Alex and Jason just can't let go of Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month we had the chance to talk about:* A return to BaaS Island: the FDIC's proposed “Synapse Rule,” Five Star Bank quits BaaS, and the evolving (ha) economics of partner banks* The CFPB accepts comments on FDX as standard-setting organization for 1033 open banking* Department of Justice sues Visa, alleging it has used anticompetitive business practices to maintain an illegal monopoly on the US debit processing market* …and, as always, what Alex and Jason just can't let go ofAre you attending Money2020? Alex and I will be joining Simon Taylor for an invite-only session on “How to Win At Embedded Finance,” sponsored by Sardine, Sonar, LoanPro, and Visa — more info here.If you enjoy listening to this podcast and find value in it, please consider supporting me (and finhealth non-profits!) by signing up for a paid subscription. It wouldn't be possible to do what I do without the support of listeners like you! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month we had the chance to talk about:* The launch of Klarna's bank account gift card* Affirm's killer earnings* Are niche neobanks back?* Apple opening up NFC (sort of)* And, as always, what Alex and Jason just can't let go ofAlso, if you're attending Finovate next week, keep your eye out for us!I'll be taking the stage with some of my favorite industry colleagues, Alex, Jason Henrichs, and Kiah, to discuss the perennial topic in US fintech, banking-as-a-service. I imagine the brokered deposits topic may make a cameo.I'll also be attending Alloy Labs happy hour on the This Week In Fintech happy hour on Tuesday — hope to see you there!If you enjoy listening to this podcast and find value in it, please consider supporting me (and finhealth non-profits!) by signing up for a paid subscription. It wouldn't be possible to do what I do without the support of listeners like you! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month we had the chance to talk about:* Mercury, which partners with Evolve Bank & Trust and Choice Bank, informed users based in or with ties to certain countries, including Ukraine and Nigeria, that it would close their accounts — what's happening and how Mercury is handling it* Bank regulators' request for information on bank-fintech partnerships offers clues about what the they may be worried about* CFPB drops interpretive guidance saying earned wage access may be considered “credit” for certain purposes under TILA* FDIC votes on rule to effectively reverse 2020's brokered deposits rule* And, as always, what Alex and Jason just can't let go ofIf you enjoy listening to this podcast and find value in it, please consider supporting me (and finhealth non-profits!) by signing up for a paid subscription. It wouldn't be possible to do what I do without the support of listeners like you! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month Alex Johnson and I had the chance to talk about:* Jason's special news: I wrote a book! The book, Banking as a Service: Opportunities, Challenges and Risks of New Banking Business Models, will be available toward the end of the year — but you can preorder now, and if you order directly from the publisher here and use promo code “BAASISLAND,” you get 20% off!* Pirates invade BaaS island: Evolve Bank & Trust, partner to dozens of fintech programs, hacked by Russian ransomware group LockBit* Elsewhere in BaaS news: Thread's consent order* Apple drops Apple Pay Later, will partner with issuers and BNPL firms instead* Chevron decision drops (disclosure: neither Alex nor Jason are lawyers)* and, as always, what Alex and Jason just can't let go of Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month Alex and I had the chance to talk about:* “BaaS Island” is heating up: Synapse files for Chapter 11 bankruptcy, with TabaPay slated to acquire its assets, and Solid settles its dispute with its former investors, FTV.* Is 2024 going to be the year of “pay by bank”? Alex and I aren't entirely convinced.* A federal earned wage access bill is in the works (but unlikely to pass anytime soon).* VC darling BloomTech's CFPB consent order.* and, as always, what Alex and I just can't let go of. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month, we were joined by Jon Zanoff of Empire Startups, and we had the chance to talk about:* The deal of the century: Capital One's acquisition of Discover* Another trip to “BaaS Island,” to discuss Lineage's consent order and other developments* A preview of New York Fintech Week & Jon's Empire Fintech Conference* And what we just can't let go ofIf you enjoy listening to this podcast and find value in it, please consider supporting me (and finhealth non-profits!) by signing up for a paid subscription. It wouldn't be possible to do what I do without the support of listeners like you! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month, Alex and I had the chance to talk about:* Another trip to “BaaS Island” to discuss Blue Ridge & Choice Bank enforcement actions amid the ongoing regulatory sweep of banking-as-a-service* Buy now, pay later expansion strategies: subscription plans? Savings accounts? What is more or less likely to work and why.* PayPal's attempt to “shock” the world falls flat* Alex tries to explain Bilt Rewards to me* And, as always, what Alex and Jason just can't let go of. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:* Changing dynamics in reimbursement rules for victims of authorized push payment fraud.* Revolut's claims that is growing quickly and a UK bank license is imminent.* The next fintech trend: unlocking benefits of tax-advantage accounts. Are these companies, or features?* Alex's favorite topic: credit building. A quick recap of TomoCredit's dubious credit builder offering.* Alex and I take our first visit to “BaaS Island.”* And, as always, what Alex and Jason just can't let go of. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month, Alex Johnson and I had the chance to talk about:* the growing “fintech reckoning,” especially among consumer fintechs, with reports of possible shutdowns, sales, and pivots for companies like HMBradley, Petal, Apple/Goldman Sachs, Mint, Braid, Catch, and many others you probably haven't even heard of* Alex's favorite topic, credit builder products: including Tomo's perplexing offering, Region's partnership with Self, and the wider product space* as well as a quick discussion of the Fed's proposed lowering of the Durbin interchange cap and Plaid's decision to create a consumer reporting agency subsidiary* and, like every month, what Alex and Jason just can't let go of Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex and I had a chance to catch up LIVE at Money2020. We had a chance to talk about our hot takes and trends from Money2020, including:* what's off trend (crypto) and on trend (generative AI, compliance)* trying to parse fact vs. fiction in companies saying they're “AI-powered”* fintech infrastructure, including Alex's visit to the FedNow® booth* cannabis banking and the SAFE (and SAFE-R) Banking Act* realizing that most in Congress have no idea what “fintech” is* and much more! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month, we were joined by special guest Matthew Goldman, card expert and author of CardsFTW, to talk about:* A grab bag of banking-as-a-service topics, including the situation at Solid, Stripe and Goldman's partnership, and where things may be headed in 2024* Mastercard's letter clapping back at reporting it plans to hike rates* Varo's launch of “Varo to Anyone,” a P2P service that enables Varo users to send money to any US debit card* and, as always, what Alex and Jason just can't let go of Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month, Alex Johnson and I had the chance to talk about:* Current launched a credit-building secured charge card. While it features a neat bit of engineering, it may face some of the same limitations and challenges of other offerings in the space.* Plaid announces (well, sort of?) payroll API partnerships with Pinwheel and Atomic — what to make of the news?* Lineage Bank's rapid, BaaS-powered growth may be a cautionary tale; Fed warns Goldman on BaaS compliance risks* Roger, a neobank for military recruits, launches* and, as always, what Alex and Jason just can't let go of(I'm testing adding an automated transcript to this post — let me know if you like it, hate it, or otherwise have thoughts on this addition!)Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you this very special episode of Fintech Recap. We had the honor of sitting down with Mark Gould, the Chief Payments Executive for Federal Reserve Financial Services.For context, we recorded this episode in mid-July, on the eve of the launch of FedNow. We had the chance to hear from Mark on:* Mark's background and 30+ year career at the Federal Reserve* More than interest rate policy: The Fed's Federal Reserve Financial Services group, which is responsible for payments products like cash, ACH, wires — and FedNow* The creation and launch of FedNow, including potential uses cases and possible impacts on other payment methods* How Mark thinks about defining “success” for FedNow* and much, much more!Many thanks to Mark and his team for taking the time to sit down and speak with Alex and me on the future of US payments!Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:* FedNow finally launched — now what?* Block sues Visa and Mastercard over interchange rates, Visa CEO bashes merchant surcharges, and “Durbin 2.0”* Mastercard tells payment processors to cease working with cannabis merchants* Worldcoin, Sam Altman's vaguely dystopian global ID/crypto project, goes live* And, as always, what Alex and Jason just can't let go ofExisting subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Alex Johnson, creator of the Fintech Takes newsletter, and I are back! Congrats to Alex on the new addition to his family.We're happy to bring you the latest episode of our monthly(ish) podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:* Goldman's shrinking consumer ambitions, amid rumors it is in talks with American Express to take over its Apple partnership* Fraud consortiums are SO on trend right now: Plaid's Beacon, Unit21's Fraud DAO & SardineX* Fintech M&A: X1 and Robinhood, FIS and Bond, and others* and, as always, what Alex and Jason just can't let go ofExisting subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:* In case you didn't hear… Apple launched a high-yield savings feature!* Dutch neobank Dutch, profitable in European market, applies for a US charter* Plaid offers “Instant Payouts” through TCH RTP integration* as always, what Jason & Alex just can't let go of* and… windmills?Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you a very special episode of Fintech Recap — live from Fintech Meetup in Las Vegas. We were joined by Jon Lear, President & co-founder of the event.We had the chance to discuss:* Key takeaways & what we heard around the conference* Yes, SVB — I know everyone's tired of discussing it, but we had to!* EU BaaS companies also facing regulatory scrutiny* Cash App's “World”wide ambitions* and, what Alex & I just couldn't let go of!Huge thank you & congrats to Jon and the entire Fintech Meetup team on putting together an amazing event — I've already marked my calendar for next year's.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you a very special episode of Fintech Recap with special guests Matt Janiga and Reggie Young.This month, we focused on the theme of competition in discussing:* Durbin amendment, interchange, debit routing & neobanks* Account-to-account payments* Fintech infrastructure & the Bank Service Company Act* Our picks for top regulator and industry participant we'd each want to have dinner with* and more! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

This month, we had the chance to talk about:* It's quarterly earnings season and it's been brutal for some companies. Alex and I unpack Affirm's rough quarterly earnings report.* Apple is getting ready to launch Apple Pay Later. What we know and what we'll be watching for when it's live.* Regulators across the banking and securities spectrum have ramped up their attention to crypto. Is this the industry's “Dodd-Frank moment”?* and what Alex & Jason just can't let go of!Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:* Revolut teases a new “Ultra” paid tier — but will people pay for it?* Chime is getting state licenses in a sign it may start lending soon* Robinhood is launching a media business* Capital One eliminates its “agile” job family, lays off 1,100 technologists* and what Alex & Jason just can't let go of! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:-Goldman Sachs' dismantling of Marcus-ZELF & Twig: is this the banking Gen Z wants (or are Alex and Jason just too old to get it?)-Fallout for banks that went all-in on crypto-2023 predictions-and, as always, what Alex & I just can't let go of! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:* Consumer fintechs that are still getting funded: Daylight, Totem, Greenwood & more* Zelle testing giving users refunds for some kinds of fraud* Tellus' confusing offerings* JG Wentworth buying Stilt* FTX & BlockFi (we keep it brief, I promise)* …and what we just can't let go of. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.What a week it's been! This episode marks the one-year anniversary of this podcast. Alex Johnson, creator of the Fintech Takes, and I recorded our first episode live at Money20/20 last year.Unfortunately, Alex got trapped in Montana due to a snowstorm and wasn't able to join me for this episode.But fintech Twitter came to the rescue. Matt Janiga, GC at Lithic, Charles Potts, Chief Innovation Officer at ICBA, and Julio Gomez, Industry Evangelist at Highnote, were all kind enough to join me to opine on the last year in fintech and banking and “precap” the Money20/20 show.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:* Parsing MoneyLion's latest legal problems* What the CFPB's BNPL report means for the industry* Goldman's “subprime problem” and confusing co-brand strategy* Walmart's “checking account” ONE gets ready to launchAnd, as always, what Alex and I just can't let go of (hint: it involves Kim Kardashian and this music video demonstrating the brazenness of pandemic-era fraudsters.)Don't forget, you can catch Alex and me recording live at Money20/20 — you can find us Monday morning at 10:00am in the MoneyPot podcast booth located in the Expo Hall, Level 2.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:Goldman Sachs was supposed to launch its Marcus checking account in 2021, but new reports indicate it may be further delayed — what's happening here?Interest rates seem set to continue rising — who are the winners and losers?The Biden administration is moving forward with student loan forgiveness — how might it impact fintech?and, as always, what Alex and I just can't let go ofIf you'll be at Money20/20 in Las Vegas next month, don't miss a chance to witness us record the podcast LIVE — we'll be doing so Monday morning from the “MoneyPot” podcast studio. You can stop by and grab a pair of headphones to listen in.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you the latest episode of our monthly podcast, Fintech Recap, where we unpack some of the biggest stories in fintech, banking, and crypto.This month, we had the chance to talk about:Ongoing fall out in the buy now, pay later sector: Klarna's valuation correction, Zip/Sezzle call off merger, Openpay exits the US, and BNPL for NFTsCredit cards sans credit scores: Tomo raises a $22 million Series B, X1 gets ready to launchA tiny credit union sues Apple for antitrust, arguing Apple Pay fees card issuers pay are unfairZelle fraud has skyrocketed — and the CFPB is pushing banks to take more responsibility for customer losesand, what Alex and I just can't let go ofExisting subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Happy to bring you the latest episode of Fintech Recap, where Alex Johnson, of Fintech Takes, and I unpack some of the month's biggest, most interesting, or just plain weird fintech news.This month, we were joined by special guest Sophia Goldberg, fintech founder and author of recently released book, The Field Guide to Global Payments. We had a chance to discuss:Chaos in the crypto ecosystem, including Celsius Network's freeze of users' funds, trouble at hedge fund Three Arrows Capital, and Sam Bankman-Fried as modern-day J.P. MorganKlarna's ever-shrinking valuation and what it may mean for the future of buy now, pay laterApple Pay Later, including theories on the economics and how it ties into Apple's “Project Breakout”and more!Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.I’m happy to bring you the latest episode of Fintech Recap, the podcast where Alex Johnson, of Fintech Takes, and I discuss and analyze some of the hottest, most interesting, or just plain weird stories in banking, fintech, and crypto.This month, we’re please to be joined by a crypto expert, Edward Woodford, co-founder and CEO of “crypto infrastructure-as-a-service” company Zero Hash. To take advantage of our guest’s expertise, we had an all-crypto episode, with a focus on where “crypto world” intersects with traditional finance and consumer applications.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.Instead of the usual Sunday newsletter, I have a very special episode of Fintech Recap, the podcast where Alex Johnson of Fintech Takes and I discuss the latest in fintech, banking, and crypto.Recorded at last month’s Empire Startups Fintech Conference in New York City, Alex and I discuss trends that will impact consumer lending in 2022, including the rapidly changing macro environment, buy now pay later (of course), the changing role of the credit bureaus, and more.Special thanks to Jon Zanoff and team for putting together a great event!Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all,Alex Johnson and I are pleased to bring you the latest monthly installment of Fintech Recap.Congratulations are in order, as Alex’s Fintech Takes has been acquired by Workweek — if you don’t already subscribe, you should do so here.We’ll continue distributing the podcast here, so as long as you’re subscribed to Fintech Business Weekly, it will be in your inbox automatically — no action needed.This month, Alex and I discuss Stripe’s launch of Financial Connections, a collection of stories about countries’ crypto ambitions (for better or worse), the CFPB’s push to supervise fintechs and Big Tech, Robinhood’s layoffs, and the Bored Ape Yacht Club ‘crashing’ ethereum.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here with the latest episode of Fintech Recap, the podcast in which I join Alex Johnson of Fintech Takes (if you don’t subscribe aleady, fix that!) to breakdown some of the biggest (and/or weirdest) stories in fintech, banking & crypto.In this episode, we break down Apple’s ‘Breakout’ initiative, discuss why the credit bureaus’ recent changes for dealing with medical debt don’t far enough, and shed light on a very interesting change over at the CFPB.Our ‘can’t let it go’ topics for this week include the failure of Fast and the dystopian wonder that is Axie Infinity.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here with the latest episode of Fintech Recap, the monthly-ish podcast where Alex Johnson, creator of Fintech Takes newsletter, and I talk through some of the biggest stories in banking and fintech.This month, we’re talking about:Citi’s decision to stop charging overdraft and NSF fees.Chime’s (reported) decision to delay its IPO.SoFi’s decision to acquire core banking provider Technisys.Crypto companies advertising blitz in Super Bowl LVI.And, on a more serious and important note, Alex and I also spent a few minutes at the top of the episode talking about Russia’s invasion of Ukraine.If you are looking to learn more about the conflict and ways that you can help, I highly recommend starting with this piece written by Packy McCormick.If you are looking to understand how the conflict is impacting Ukrainian fintech companies, Nicole Casperson has done some excellent reporting that you should read.And if you’re curious to learn more about the mechanics of economic sanctions, take a look at Simon Taylor’s latest newsletter.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here, bringing you the latest episode of Fintech Recap, the monthly(ish) podcast I host with Alex Johnson of Fintech Takes analyzing current events in banking, fintech, and crypto.Joining us this month is Lex Sokolin, Head Economist at blockchain infrastructure company ConsenSys and creator of the Fintech Blueprint newsletter and podcast.We discuss UBS’ acquisition of roboadvisor Wealthfront, the future of financial infrastructure, and more.Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.I’m pleased to present the third installment of Fintech Recap, the monthly-ish podcast I host with Alex Johnson, author of Fintech Takes newsletter and Director of Fintech Research at Cornerstone Advisors.In this episode, Alex and I bid farewell to 2021 by discussing:The credit bureaus’ long-time-coming embrace of BNPL.The introduction of new products in the P2P payments space.The tables turning on fintech SPACs and what to expect in 2022.And, as is quickly becoming tradition, we spent a few minutes at the end talking about the news stories and trends we just can’t let go of (spoiler alert — several web3 buzzwords are involved).Enjoy!Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday: Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, Jason here.You asked, we delivered. Welcome to the 2nd episode of Fintech Recap, the (approximately!) monthly podcast, where I join Alex Johnson of Fintech Takes to analyze the biggest, most interesting, or just plain bizarre stories in banking, fintech, and crypto and the trends behind them.This month, special guest Simon Taylor, co-founder of 11fs, joins. Topics covered include:Capital One’s announcement it will eliminate overdraft feesN26’s decision to exit the US marketMeta’s exec behind Facebook’s crypto projects decides to quitEl Salvador’s “Volcano Bonds”Give it a listen and let us know what you think!Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday:Contact Fintech Business WeeklyLooking to work with me in any of the following areas?New: Product strategy or go-to-market consultingSponsoring this newsletterContent collaboration or guest postingNews tip or story suggestionEarly stage startup looking to raise equity or debt capitalFeel free to reach out to me: jason@fintechbusinessweekly.com Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

Hey all, it’s Jason.Exciting news — Fintech Business Weekly now includes a podcast, Fintech Recap. The purpose of the podcast is, as you might have guessed from the name, to recap the most interesting news, trends, and ideas in fintech on a regular basis.The best part of the podcast is that I get to collaborate on it with one of my favorite people in fintech — Alex Johnson, the creator of the Fintech Takes newsletter (which you should definitely be subscribed to).In this inaugural episode, recorded live at Money20/20, Alex and I break down the fintech trends that everyone was talking about at the show, including crypto (obviously), the intersection of payments, commerce, and social media, and the increasingly obsessive focus on fintech infrastructure.A couple housekeeping notes:For now, subscribers to Fintech Takes and Fintech Business weekly will get new podcast episodes delivered straight to their email inboxes. However, this podcast will also be syndicated to your favorite podcast players (Apple Podcasts, Spotify, Stitcher, etc.) if you prefer to subscribe and listen there!Alex and I are podcast novices, who will be learning as we go! Feedback, suggestions, ideas, and constructive critiques are welcome and encouraged. Hit us up on social or reply to our emails.As I realize many of you may subscribe to both of our newsletters, complete this one-question survey to help me determine if you’d prefer to continue automatically receiving the podcast as part of your Fintech Business Weekly subscription, or if you’d prefer it to be a separate, optional subscription (to help you avoid getting two copies of it):We hope you enjoy episode #1! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe