Podcasts about branchless

Welcome to the Newcomer Investor Channel, where we uncover the story behind great businesses and make investing accessible and fun for everyone!   In this episode, I chat with Mahima Poddar, Senior Vice-President and Group Head, Personal Banking at EQ Bank. We explored EQ Bank's innovative Challenger mindset, their cutting-edge products, and how they are reshaping banking to better serve Canadians with smarter, more efficient solutions. Please note, this conversation was recorded on September 12th. As a result, any references to  specific future dates/events in the episode may refer to a time that has already passed. Connect: Newcomer Investor on X: https://twitter.com/NewcomerInvest Newcomer Investor Email: iamthenewcomerinvestor@gmail.com Follow EQ Bank on X: ⁠https://x.com/eqbank Sign up for an EQ Bank Account using my referral: join.eqbank.ca/?code=ANTHONY5814 Sign up for a Small Business Account: https://www.eqbank.ca/business/business-banking/business-account Episode Highlights: (0:00) - Introduction (1:24) - Introducing Mahima (2:52) - The Challenger Bank Mindset (5:00) - Building the EQ Bank Brand - early challenges and victories  (9:37) - EQ Bank's product differentiation compared to the Big 6 (18:45) - Who are EQ Bank's customers? + customer acquisition/retention strategy (22:00) - Second Chance campaign with Eugene and Dan Levy (25:00) - The benefits of technology (27:45) - Open banking (30:45) - The Branch vs Branchless debate  (34:25) - Anthony and Mahima's bank customer experience anecdotes (35:55) - What Mahima is excited about in the years ahead for EQ Bank (38:35) - Post-conversation debrief

ABB India profit doubles, ABB reports decrease in China orders, Brazil unveils $350bn infrastructure program, Chime Financial's branchless banking success, Capri Holdings to acquire Versace's owner, Center Parcs sale faces bidder challenges, Country Garden reports $7.6bn loss, Limitless X CEO shares strategies for success, IRS unable to locate microfilm cartridges, report on Japan's defense industry.

About the spokesperson: https://www.linkedin.com/in/anandkumarbajajpaynearby/ Anand Kumar Bajaj is the founder of PayNearby, India's leading branchless banking and digital payments network. PayNearby aims to digitize and universalize services available in urban areas to reach rural areas in India. Anand Kumar Bajaj has a background in banking and worked at ICICI and Yes Bank before starting PayNearby. PayNearby operates through a digital network of physical shops and women entrepreneurs, serving as banking correspondent agents. PayNearby has been recognized as a DPIIT-certified (Department for Promotion of Industry and Internal Trade) company under the Startup India program. PayNearby has a large-scale operation, reaching nearly 50 lakh (5 million) micropreneurs across 20,000 PIN codes in India. The future plan for PayNearby is to continue expanding its network of connected entrepreneurs, known as "Digital Pradhan," who act as the last distribution point for services. PayNearby's goal is to bridge the digital divide by providing access to digital services and financial inclusion to underserved areas in India. The company has received investment from Roha Group and collaborates with partner banks, NBFCs, and other organizations to offer a range of services including banking, digital payments, insurance, travel distribution, and more. PayNearby's mission is to bring high-end technology and digital solutions to the bottom of the pyramid, empowering people in rural areas and enabling them to participate in the digital economy. #PayNearby #DigitalPayments #FinancialInclusion #BranchlessBanking #DigitalPradhan #StartupIndia #DPIIT #RuralEmpowerment #DigitalDivide #Expansion #Microentrepreneurs

Recent Developments The Regulation on the Operation Principles of Digital Banks and Service Model Banking previously published by the Banking Regulatory and Supervisory Authority as a draft regulation, aiming to determine the principles of branchless banking and service banking, was published in the Official Gazette on 29 December 2021 and will enter into force on 1 January 2022

Digital-only banks face a particular challenge: How do you create that human touch without having the physical human touch? As a branchless entity, Axos Bank has been tackling this tricky problem for the last 20 years. Anthony Capizzano, the institution's SVP of Direct Consumer Lending, joins the show to share the different ways they maintain a high-quality, high-touch relationship with their consumer base. We discuss: - The importance of soft touch points in a digital landscape - Employing product specialists rather than customer service reps - How electric vehicles are disrupting auto lending - Upgrading systems incrementally through smaller value-adds To hear more from Leaders in Lending, check us out on Apple Podcasts, Spotify, or on our website. Listening on a desktop & can't see the links? Just search for Leaders in Lending on your favorite podcast player.

Yashwant Lodha, Co-Founder, PayNearby  PayNearby is one of the leading players in India in digital payments and branchless banking. The firm's solution is to build a network of digital financial advisers from among the country's ‘mom and pop', mainly rural, retailers who are already trusted in their communities, providing them with access to digital financial solutions for their customers. Robin Amlôt of IBS Intelligence speaks to PayNearby co-founder, Yashwant Lodha

My guest today is David Vélez, founder and CEO of Nubank, the world's largest digital bank with over 40 million customers. In our conversation, David talks about his venture capital background at Sequoia and how that led him down an entrepreneurial path in Latin America. We also talk about the pros and cons of building a digitally native business and what gets him most excited about innovation and technology in emerging markets.   Before we start the episode, I would also like to highlight our newest Colossus show, Business Breakdowns. Since launching in early April, we have published over 15 Breakdowns and continue to release a new episode weekly. To learn more, check out joincolossus.com. I hope you enjoy my conversation with David Vélez.   For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to by Dell Technologies. Dell Technologies and Windows can help you upgrade your business tech with its Small Business Month specials. Save up to 45% on PCs with Windows 10 Pro— plus business docks, monitors & more. To learn more, call a Dell Technologies Advisor at 877-ASK-DELL or check out the deals at https://www.dell.com/en-us/work/shop/deals   -----   This episode is brought to you by Vanta. Vanta has built software that makes it easier to get and maintain your SOC 2, HIPAA or ISO 27001 reports at a fraction of the typical cost. Founder's Field Guide listeners can redeem a $1k off coupon at vanta.com/patrick.    -----   Founder's Field Guide is a property of Colossus, Inc. For more episodes of Founder's Field Guide, visit joincolossus.com/episodes.   Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.   Follow us on Twitter: @patrick_oshag | @JoinColossus   Show Notes [00:02:55] - [First question] - Why Berkshire Hathaway took such an interest in Nubank [00:04:46] - Key differentiators between Nubank and other incumbent banks [00:07:11] - Onboarding user experience and overview of customer acquisition [00:10:38] - The original problem Nubank wanted to solve and how they approached it [00:15:32] - Lessons from working at Sequoia about great FinTech businesses [00:19:18] - What parts of his personality and life experience worked its way into NuBank [00:23:18] - Obstacles that needed to be overcome in order to serve the Brazilian public [00:27:52] - Transparency and patience needed to overcome a complicated problem [00:31:11] - Nubank's business economics compared to other banks [00:34:46] - Overview of rewards programs and why customers like them so much [00:37:27] - Best questions asked that explained Nubank's market opportunity [00:42:02] - Second layer unit economics of the company and where to look for them [00:45:51] - How far we are into the Latin American technological ecosystem's development [00:47:24] - Lessons learned from some of the worst decisions he's made as a founder [00:51:30] - What he's most excited about for the future [00:54:19] - The kindest thing anyone has ever done for him

Recent Development | The Regulation on Remote Identification Methods to be used by Banks and the Establishment of Contractual Relationships in Electronic Media, which will enter into force on 1 May 2021, was published on 1 April 2021 in the Official Gazette No. 31441. You can refer to our legal alert dated 25 September 2020 for information on the Draft Communiqué on Remote Identification Methods to be used by Banks, which is the draft text of the Regulation

When COVID-19 accelerated customer movement into mobile and online banking solutions — and triggered consumers to push their funds into bank accounts — banks that had made investments in the digital customer experience were positioned to capitalize. On the latest episode of the ABA Banking Journal Podcast, Radius Bank President and CEO Mike Butler discusses the branchless bank’s fintech-forward strategy and how it helped the bank double account openings in the post-pandemic environment, a core part of the bank’s deposit-focused strategy. In the wide-ranging conversation, Butler also discusses: Radius Bank’s “banking as a service” partnerships with fintech firms and how it vets potential partners to “create an Amazon-like experience for our clients.” The bank’s pending acquisition by nonbank fintech firm Lending Club and how the deal may rebundle some core banking functions in the combined organization. How fintech firms have prepared for the economic downturn. The persistent value of the traditional banking bundle of lending, payments and insured deposits.

We are joined by Diego Zuluaga, a Cato Institute policy analyst, for a discussion of the proposed changes. After reviewing the current regulatory framework, we examine the proposal's new qualifying activities criteria and approach to "branchless banking" in determining assessment areas, respond to criticism of its approach to public projects, look at the small bank opt-out and what in the proposal should be revisited, and consider the impact of the Fed's non-participation.

Samant Sikka is the Founder and Chief Dreamer at Sqrrl (https://sqrrl.in/) , a new age personal finance platform helping young Indians re-align their experiential lifestyle and consumption focus with the counter-intuitive objective of saving money. An industry veteran with asset management stints at Axis and Goldman Sachs behind him, Samant is a passionate proponent of the idea that in the age of platforms it is the modern consumer use-case which will emerge as the winner.  Our chat covers many interesting topics, some of which are: The Democratization of Finance Modern Use Cases The Constraints of Fintech How Young Indians Spend and How Can They Save The Importance of Financial Literacy

This week we'll be talking with Ryan Lortie and Baptiste Daroussin about GNOME on BSD. Upstream development is finally treating the BSDs as a first class citizen, so we'll hear about how the recent porting efforts have been since. This episode was brought to you by Headlines OpenBSD presents tame (https://www.marc.info/?l=openbsd-tech&m=143725996614627&w=2) Theo de Raadt sent out an email detailing OpenBSD's new "tame" subsystem, written by Nicholas Marriott and himself, for restricting what processes can and can't do When using tame, programs will switch to a "restricted-service operating mode," limiting them to only the things they actually need to do As for the background: "Generally there are two models of operation. The first model requires a major rewrite of application software for effective use (ie. capsicum). The other model in common use lacks granularity, and allows or denies an operation throughout the entire lifetime of a process. As a result, they lack differentiation between program 'initialization' versus 'main servicing loop.' systrace had the same problem. My observation is that programs need a large variety of calls during initialization, but few in their main loops." Some initial categories of operation include: computation, memory management, read-write operations on file descriptors, opening of files and, of course, networking Restrictions can also be stacked further into the lifespan of the process, but removed abilities can never be regained (obviously) Anything that tries to access resources outside of its in-place limits gets terminated with a SIGKILL or, optionally, a SIGABRT (which can produce useful core dumps for investigation) Also included are 29 examples of userland programs that get additional protection with very minimal changes to the source - only 2 or 3 lines needing changed in the case of binaries like cat, ps, dmesg, etc. This is an initial work-in-progress version of tame, so there may be more improvements or further (https://www.marc.info/?l=openbsd-tech&m=143740834710502&w=2) control (https://www.marc.info/?l=openbsd-tech&m=143741052411159&w=2) options added before it hits a release (very specific access policies can sometimes backfire (https://forums.grsecurity.net/viewtopic.php?f=7&t=2522), however) The man page, also included in the mail, provides some specifics about how to integrate tame properly into your code (which, by design, was made very easy to do - making it simple means third party programs are more likely to actually use it) Kernel bits are in the tree now (https://www.marc.info/?l=openbsd-cvs&m=143727335416513&w=2), with userland changes starting to trickle in too Combined with a myriad of memory protections (http://www.bsdnow.tv/episodes/2015_05_13-exclusive_disjunction), tight privilege separation and (above all else (https://en.wikipedia.org/wiki/OpenBSD_security_features)) good coding practices, tame should further harden the OpenBSD security fortress Further discussion (https://news.ycombinator.com/item?id=9928221) can (https://www.reddit.com/r/programming/comments/3dsr0t) be (http://undeadly.org/cgi?action=article&sid=20150719000800&mode=flat) found (https://news.ycombinator.com/item?id=9909429) in (https://www.reddit.com/r/linux/comments/3ds66o) the (https://lobste.rs/s/tbbtfs) usual (https://www.reddit.com/r/openbsd/comments/3ds64c) places (https://www.reddit.com/r/BSD/comments/3ds681) you'd expect *** Using Docker on FreeBSD (https://wiki.freebsd.org/Docker) With the experimental Docker port landing in FreeBSD a few weeks ago, some initial docs are starting to show up This docker is "the real thing," and isn't using a virtual machine as the backend - as such, it has some limitations The FreeBSD wiki has a page detailing how it works in general, as well as more info about those limitations When running Linux containers, it will only work as well as the Linux ABI compat layer for your version of FreeBSD (11.0, or -CURRENT when we're recording this, is where all the action is for 64bit support) For users on 10.X, there's also a FreeBSD container available, which allows you to use Docker as a fancy jail manager (it uses the jail subsystem internally) Give it a try, let us know how you find it to be compared to other solutions *** OpenBSD imports doas, removes sudo (http://www.tedunangst.com/flak/post/doas) OpenBSD has included the ubiquitous "sudo" utility for many years now, and the current maintainer of sudo (Todd C. Miller) is also a long-time OpenBSD dev The version included in the base system was much smaller than the latest current version used elsewhere, but was based on older code Some internal discussion lead to the decision that sudo should probably be moved to ports now, where it can be updated easily and offer all the extra features that were missing in base (LDAP and whatnot) Ted Unangst conjured up with a rewritten utility to replace it in the base system, dubbed "do as," with the aim of being more simple and compact There were concerns that sudo was too big and too complicated, and a quick 'n' dirty check reveals that doas is around 350 lines of code, while sudo is around 10,000 - which would you rather have as a setuid root binary? After the initial import, a number of developers began reviewing and improving various bits here and there You can check out the code (http://cvsweb.openbsd.org/cgi-bin/cvsweb/src/usr.bin/doas/) now if you're interested Command usage (http://www.openbsd.org/cgi-bin/man.cgi/OpenBSD-current/man1/doas.1) and config syntax (http://www.openbsd.org/cgi-bin/man.cgi/OpenBSD-current/man5/doas.conf.5) seem pretty straightforward More discussion (https://news.ycombinator.com/item?id=9914693) on HN *** What would you like to see in FreeBSD (https://www.reddit.com/r/freebsd/comments/3d80vt/what_would_you_like_to_see_in_freebsd/) Adrian Chadd started a reddit thread about areas in which FreeBSD could be improved, asking the community what they'd like to see There are over 200 comments that span a wide range of topics, so we'll just cover a few of the more popular requests - check the very long thread if you're interested in more The top comment says things don't "just work," citing failover link aggregation of LACP laggs, PPPoE issues, disorganized jail configuration options, unclear CARP configuration and userland dtrace being unstable Another common one was that there are three firewalls in the base system, with ipfilter and pf being kinda dead now - should they be removed, and more focus put into ipfw? Video drivers also came up frequently, with users hoping for better OpenGL support and support for newer graphics cards from Intel and AMD - similar comments were made about wireless chipsets as well Some other replies included more clarity with pkgng output, paying more attention to security issues, updating PF to match the one in OpenBSD, improved laptop support, a graphical installer, LibreSSL in base, more focus on embedded MIPS devices, binary packages with different config options, steam support and lots more At least one user suggested better "marketing" for FreeBSD, with more advocacy and (hopefully) more business adoption That one really applies to all the BSDs, and regular users (that's you listening to this) can help make it happen for whichever ones you use right now Maybe Adrian can singlehandedly do all the work and make all the users happy *** Interview - Ryan Lortie & Baptiste Daroussin Porting the latest GNOME code to FreeBSD News Roundup Introducing resflash (http://stable.rcesoftware.com/resflash/) If you haven't heard of resflash before, it's "a tool for building OpenBSD images for embedded and cloud environments in a programmatic, reproducible way" One of the major benefits to images like this is the read-only filesystem, so there's no possibility of filesystem corruption if power is lost There's an optional read-write partition as well, used for any persistent changes you want to make You can check out the source code on Github (https://github.com/bconway/resflash) or read the main site for more info *** Jails with iocage (http://pid1.com/posts/post10.html) There are a growing number of FreeBSD jail management utilities: ezjail, cbsd, warden and a few others After looking at all the different choices, the author of this blog post eventually settled on iocage (https://github.com/iocage/iocage) for the job The post walks you through the basic configuration and usage of iocage for creating managing jails If you've been unhappy with ezjail or some of the others, iocage might be worth giving a try instead (it also has really good ZFS integration) *** DragonFly GPU improvements (http://lists.dragonflybsd.org/pipermail/users/2015-July/207892.html) DragonFlyBSD continues to up their graphics game, this time with Intel's ValleyView series of CPUs These GPUs are primarily used in the newer Atom CPUs and offer much better performance than the older ones A git branch was created to hold the fixes for now while the last remaining bugs get fixed Fully-accelerated Broadwell support and an update to newer DRM code are also available in the git branch, and will be merged to the main tree after some testing *** Branchless development (http://www.tedunangst.com/flak/post/branchless-development) Ted Unangst has a new blog post up, talking about software branches and the effects of having (or not having) them He covers integrating and merging code, and the versioning problems that can happen with multiple people contributing at once "For an open source project, branching is counter intuitively antisocial. For instance, I usually tell people I'm running OpenBSD, but that's kind of a lie. I'm actually running teduBSD, which is like OpenBSD but has some changes to make it even better. Of course, you can't have teduBSD because I'm selfish. I'm also lazy, and only inclined to make my changes work for me, not everyone else." The solution, according to him, is bringing all the code the developers are using closer together One big benefit is that WIP code gets tested much faster (and bugs get fixed early on) *** Feedback/Questions Matthew writes in (http://slexy.org/view/s21yQtBCCK) Chris writes in (http://slexy.org/view/s21oFA80kY) Anonymous writes in (http://slexy.org/view/s2JYvTlJlm) Bill writes in (http://slexy.org/view/s21LXvk53z) ***

It’s called branchless banking: the ability to provide small, abundant access points and mobile solutions for the rural population living outside the range of most banking institutions. In this audio interview, Sheela Sethuraman speaks with one of branchless banking’s greatest proponents and the co-founder of Eko India Financial Services, Abhishek Sinha. Beginning in 2007, Abhishek and his brother Abhinav began conceptualizing ways in which small, local businesses could provide the brick-and-mortar storefronts for rural banking customers, while basic cell phones would meet all of the technological needs. Having now partnered with India’s two largest banks, Eko India provides customers with the ability to set up their own bank in less than 15 minutes. Creating simple methods to convert physical into electronic currency has streamlined rural remittance transactions, and is just one of many reasons that Abhishek and Abhinav Sinha have been named The Tech Awards 2011 laureates of the Flextronics Economic Development Awards. https://ssir.org/podcasts/entry/mobile_and_branchless_banking

Michael Tarazi, Senior Policy Specialist, CGAP speaks about successful branchless banking projects, the major obstacles for branchless banking, the role of regulators in rolling out branchless banking solutions, and the CGAP contribution in the area of branchless banking.MFP is grateful to the Boulder Institute of Microfinance and the International Training Center of the ILO, (Turin, Italy) for providing logistical support and the location for this interview.