Podcasts about fednow

“You establish trust with your team by acknowledging that you don't have all the answers.” - Greg MichligWelcome to episode 207 of The CUInsight Experience podcast with your hosts, Randy Smith, co-founder of CUInsight.com, and Jill Nowacki, President and CEO of Humanidei.This episode is sponsored by Alacriti—a leading payments fintech helping credit unions compete with challenger banks and digital wallets. Alacriti delivers seamless, real-time money movement experiences for loan payments, A2A transfers, digital disbursements, and bill pay. With a single, cloud-native platform that connects to The Clearing House, Fedwire, ACH, and FedNow, credit unions can modernize without overhauling legacy infrastructure. Learn more at Alacriti.com.In this season, Jill and I will have conversations centered around leadership, credit unions, and living our best lives. We will have some of the most respected leaders from around credit unions who we are grateful to call friends join us in the discussion from time to time too.In this episode, we are joined by CUInsight's CEO Greg Michlig, who joins us to talk about the power of paradox. Leadership, after all, isn't always about having the answers. What does it look like to lead with both confidence and humility, to show strength while also admitting to what you don't know? Greg brings some personal stories and honest reflections, and we explore what it means to lead in uncertain times without pretending to be certain, and how the best leaders learn to embrace complexity rather than run from it.We also get personal when we look at the idea of “being right” vs. “getting it right” and we reflect on the uncomfortable (and sometimes hilarious) experience of feeling like an imposter and a winner . . . at the same time!If you have ever felt the pressure to perform, to decide fast, or to prove yourself worthy of your title, we encourage you to listen in. Enjoy our conversation with Greg Michlig!Find the full show notes on cuinsight.com.Subscribe on: Apple Podcasts and SpotifyBooks mentioned on The CUInsight Experience podcast: Book List How to find Greg:Greg Michlig, CEO at CUInsightcuinsight.comGreg: LinkedInCUInsight: LinkedIn | Instagram | Facebook | YouTube | XWant to hear more from Greg? Click here.

Our podcast show being released today will focus on S.  919, the Guiding and Establishing  National Innovation for U. S. Stablecoins Act of 2025 or GENIUS Act which was reported out of the Senate Banking, Housing, and Urban Affairs Committee by a bipartisan vote of 18-6. The bill would establish a regime to regulate stablecoins.  Our guest today, Professor Art Wilmarth of George Washington University School of Law, published an op-ed on March 6 in the American Banker in which he wrote that the “..bill would allow stablecoins, which are volatile deposit-like instruments, to be offered to the public without the essential protections provided by federal deposit insurance and other regulatory safeguards regarding banks that are insured by the Federal Deposit Insurance Corp. By placing the federal government's imprimatur on poorly regulated and unstable stablecoins, the …bill would greatly increase the probability that future runs on stablecoins would trigger systemic crises requiring costly federal bailouts to avoid devastating injuries to our financial system and economy.” Our podcast show was designed to be of interest to both crypto neophytes and experts. During this podcast, we explore the following issues:            1. What are stablecoins, and what are their present and potential use cases?            2.  How do stablecoins differ from other types of crypto like bitcoin?            3. How many companies issue stablecoins today?  4. What is the total volume in dollars of outstanding stablecoins?  Has it been growing?  Do all stablecoin issuers also issue other types of crypto?            5. Do any banks issue stablecoins?  If not, why not? 6.  Are there any federal or state regulations that apply to stablecoins today?  What about state money transmitter laws?  7.  Do stablecoins provide a better way to improve the speed and reliability of payments compared to other ways of making payments? Do they offer any benefits that are NOT currently offered by tokenized bank deposits and the instant payment and settlement services offered by FedNow and the Clearing House's Real Time Payment Network?  How do stablecoins on public blockchains compare to tokenized deposits held on private electronic bank ledgers, in terms of safety, reliability, and efficiency. 8.   Professor Wilmarth describes a typical stablecoin transaction and the fact that stablecoin issuers often pay interest on stablecoins that are the equivalent of money market mutual funds and way more than banks pay on passbook or statement savings accounts or checking accounts.            9.  How do stablecoin issuers generate revenue? 10.   What are the potential risks of stablecoins, especially if they can be offered by nonbanks and are not covered by federal deposit insurance?  Would they present the same risks as money market funds, which the Fed and Treasury bailed out in 2008 and again in 2020? Have there been any examples of these risks being realized?  Have there been any failures? What happens if a stablecoin issuer fails?  Does bankruptcy law (as amended by the GENIUS Act), provide a feasible process for dealing with failures of stablecoin issuers?  If nonbank stablecoin issuers become large financial institutions and get into serious trouble, would the federal government be able to finance another series of massive bailouts similar to those of 2007-09 and 2020-21 without risking a crisis in the Treasury bond market and/or another surge of inflation? 11.  Will Big Tech firms issuing stablecoins be able to dominate our banking system and economy and would that necessarily be a bad thing? 12. Which firms are likely to be the most significant issuers of stablecoins if nonbanks are allowed to conduct that activity?  If Big Tech firms are allowed to offer stablecoins, could they use stablecoins to offer banking services and eventually dominate the banking industry?  What should we learn from China's experience with Ant Financial Group (Alipay) and Tencent (WeChat Pay), China's two largest Big Tech firms, which became dominant providers of financial services to Chinese consumers and households? 13.  We then discussed the so-called GENIUS ACT which the Senate Banking Committee passed by an 18-6 bipartisan vote on March 13. What are the major features of the Act?            14.  What are your major concerns about the bill? 15. What would the stablecoin market look like if Congress passed the GENIUS Act in the form that it was approved by the Senate Banking Committee? 16.  Should we require all issuers and distributors of stablecoins to be FDIC-insured banks?  Why do you believe that federal banking laws governing FDIC-insured banks provide a far better approach for regulating issuers of stablecoins? [After the recording of this podcast, the bill ran into rough sledding on the floor for a couple of weeks with some Senators, like Senator Elizabeth Warren, raising consumer protection issues similar to those raised by Professor Wilmarth and other Senators raising concerns about President Trump's family substantially benefiting from enactment of the bill. However, on May 19, after negotiations among Senate Democrats and Republicans to amend the Bill to add consumer protections, limits on tech companies issuing stablecoins and ethics standards for special government employees, like Elon Musk, the Bill advanced on a bipartisan procedural vote to prevent filibustering in the Senate, 66-32, making it likely that the Bill will pass the Senate by a super-majority vote. The fate of the Bill in the House is less certain.] Alan Kaplinsky, Senior Counsel and formerly the Chair for 25 years of the Consumer Financial Services, hosted the podcast show.

“Leaning into your best self—that's what brings joy and happiness.” – Tracie KenyonWelcome to episode 209 of The CUInsight Experience podcast with your hosts, Randy Smith, co-founder of CUInsight, and Jill Nowacki, President and CEO of Humanidei.This episode is sponsored by Alacriti—a leading payments fintech helping credit unions compete with challenger banks and digital wallets. Alacriti delivers seamless, real-time money movement experiences for loan payments, A2A transfers, digital disbursements, and bill pay. With a single, cloud-native platform that connects to The Clearing House, Fedwire, ACH, and FedNow, credit unions can modernize without overhauling legacy infrastructure. Learn more at Alacriti.com.In this season, Jill and I will have conversations centered around leadership, credit unions, and living our best lives. We will have some of the most respected leaders from around credit unions who we are grateful to call friends join us in the discussion from time to time too.In this episode, we are joined by a familiar voice—Tracie Kenyon, Executive Development Partner at Humanidei—to discuss the importance of leaders doing inner work: what we bring into the room before the meeting even starts. Even though it's often said that feelings do not belong in the workplace, nothing could be further from the truth.Inner work is messy, ongoing, and, at times, uncomfortable—but it is also where the most meaningful improvements in leadership happen. Tracie helps us explore what it really looks like to lead from the inside out.We also reflect on our own growth, and Tracie reminds us that leadership isn't always about having the right answers but about staying curious, staying grounded, and letting go of the idea that we have to always be perfect and in control of everything.Whether you are leading a team or leading yourself through a tough season, this episode is for you. Enjoy our conversation with Tracie Kenyon!Find the full show notes on cuinsight.com.Subscribe on: Apple Podcasts and Spotify How to find Tracie:Tracie Kenyon, Executive Development Partner at Humanideihumanidei.comTracie: LinkedInHumanidei: LinkedIn | Facebook | XWant to hear more from Tracie? Click here.

Will Marwick, CEO, IFX PaymentsWill Marwick describes IFX Payments as a service-led alternative banking partner for its clients. With FX markets excessively volatile in recent days (thanks in no small part to President Trump's wild ride on tariffs), the need for a digital FX and payments solution that offers businesses a quick, secure and easy to use treasury service has been thrown into sharp relief. Robin Amlôt of IBS Intelligence speaks to Will Marwick of IFX Payments.

“Trust is the currency that keeps credit unions thriving.” - Jill Nowacki Welcome to episode 208 of The CUInsight Experience podcast with your hosts, Randy Smith, co-founder of CUInsight.com, and Jill Nowacki, President and CEO of Humanidei.This episode is sponsored by Alacriti—a leading payments fintech helping credit unions compete with challenger banks and digital wallets. Alacriti delivers seamless, real-time money movement experiences for loan payments, A2A transfers, digital disbursements, and bill pay. With a single, cloud-native platform that connects to The Clearing House, Fedwire, ACH, and FedNow, credit unions can modernize without overhauling legacy infrastructure. Learn more at Alacriti.com.In this season, Jill and I will have conversations centered around leadership, credit unions, and living our best lives. We will have some of the most respected leaders from around credit unions who we are grateful to call friends join us in the discussion from time to time too.In this episode, we discuss a simple but incredibly important topic: the importance of trust. We don't talk about it just as a buzzword but as something absolutely critical to being a good, effective leader. Sharing real stories from the credit union world, we closely examine the different layers of trust, from keeping members' data safe to creating spaces where people feel seen, heard, and safe.We also talk openly about the disconnect between intention and perception and how even well-meaning leaders can unintentionally erode trust via missteps, unintentional favoritism, and/or inconsistency. Jill shares her own mental model of a “trust pyramid,” applying it to both member and employee expectations, and I reflect on moments in my own leadership journey where trust may have faltered and what it takes to earn it back.Whether you are a leader yourself who is trying to build a more cohesive team or someone rethinking your organization's promises to the communities that you serve, please join us because this conversation will challenge you to reflect on what trust truly requires!Find the full show notes on cuinsight.com.Subscribe on: Apple Podcasts and SpotifyBooks mentioned on The CUInsight Experience podcast: Book List Previous guests mentioned in this episode: Chuck Fagan (episodes 5 & 176)

“If you're looking for evidence of your failure, you'll find that evidence.” - Jill NowackiWelcome to episode 207 of The CUInsight Experience podcast with your hosts, Randy Smith, co-founder of CUInsight.com, and Jill Nowacki, President and CEO of Humanidei.This episode is sponsored by Alacriti—a leading payments fintech helping credit unions compete with challenger banks and digital wallets. Alacriti delivers seamless, real-time money movement experiences for loan payments, A2A transfers, digital disbursements, and bill pay. With a single, cloud-native platform that connects to The Clearing House, Fedwire, ACH, and FedNow, credit unions can modernize without overhauling legacy infrastructure. Learn more at Alacriti.com.In this season, Jill and I will have conversations centered around leadership, credit unions, and living our best lives. We will have some of the most respected leaders from around credit unions who we are grateful to call friends join us in the discussion from time to time too.In this episode, we discuss a challenge that many of us deal with—imposter syndrome—that annoying voice in your head that's trying to convince you that you aren't good enough and you don't deserve to be here. We talk about how it shows up and shapes how we lead, interact, and self-sabotage.We talk about first jobs—where a “fake it ‘til you make it” mindset was the norm—and moments that made us question if we belonged where we were. Imposter syndrome sometimes hides behind perfectionism, micromanagement, and/or hesitation to take risks, and we discuss what that can do to a workplace culture.Join us as we offer up some tools to help you recognize that it isn't just you—literally everyone is flawed!Find the full show notes on cuinsight.com.Subscribe on: Apple Podcasts and SpotifyBooks mentioned on The CUInsight Experience podcast: Book List

You'll quickly find out Mark and Rodney go way back and talk about the old days. What is a corporate credit union these days, and how can it help credit unions in today's marketplace? Rodney takes a deep dive into this topic today.IN THIS EPISODE:(01:40) Rodney shares his professional journey both in landscaping and the credit union space(05:08) Rodney defines a corporate credit union(09:47) Discussion of Mid Atlantic Corporate evolving into Vizo Financial and the business lines offered(14:04) AI service launched to assist credit unions identify and use their data effectively (18:54) Education and webinars provided and following current rules for credit unions(24:35) Who are the most successful clients at VizoKEY TAKEAWAYS: Corporate credit unions, which began in the 1970s and 1980s as liquidity providers for credit unions, have evolved to offer a wide range of financial services, including ACH, wire services, and fraud prevention. The sector has consolidated over the years, focusing on building economies of scale and offering more competitive services.The primary services provided by corporate credit unions today include competitive overnight investment accounts, ACH, wires, bill pay, and fraud prevention. Additionally, services like real-time payments (FedNow) and cyber security have become increasingly important, with a growing focus on helping credit unions protect against fraud and manage risk.A successful relationship with a corporate credit union is built on regular, open communication. Credit unions should utilize corporate services for their excess liquidity and reach out when new needs arise. The goal is to maintain constant engagement, ensuring both parties stay relevant and that credit unions maximize the benefits of available services.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInVizo Financial - WebsiteBIOGRAPHY: Rodney May is the Chief Engagement Officer of the $4 billion Vizo Financial. His primary focus is directing all business development functions including marketing, investment sales, product sales, call center, back-office services, correspondent service implementation, core system support/implementation and member services.

     Larry Fink, CEO of Blackrock, was the spider at the center of a web of DEI & ESG.  Is turning over the Panama Canal part of the deal for putting “woke” policies on slumber?     RFK Jr.'s jaw-dropping flip-flop—calling Israel criticism a “health crisis” while pushing fake pandemics—nothing's off-limits with Trump proposing jailing critics of the Israeli government     Dive into the CDC's decades-long jab scam, Trump's tariff chaos crushing cars and produce, and Canada's threat to unplug America.     Alex Karp's Technological Republic unveils a chilling AI spy state, while Trump sells millionaires tax-free residency and Justin Sun's $75M crypto bribe silences the SEC      Melania's $28M Amazon payout hints at Epstein secrets, and Zelensky's double-dipping rare earths scam caps this wild ride.     Buckle up—this podcast rips the mask off a corrupt technocratic takeover!2:30Panama Canal Goes to the “Moriarty” of ESG: BlackrockLarry Fink, CEO of Blackrock, was the spider at the center of a web of DEI & ESG.  Is turning over the Panama Canal part of the deal for putting “woke” policies on slumber? 20:06RFKj Now Says Criticism of the Israeli Government is a “Public Health” IssueHe had one job — stop the jabs.  But now he's cheerleading a fake measles “pandemic,” pushing jabs, and declaring criticism of a foreign government, Israel, a “public health crisis” worse than the plague. 41:24Trump's Says Jail for Critics of Israeli GovernmentMoney, not English, is the official language of the federal government and Trump is screaming “comply” to colleges were protestors are criticizing Israeli actions in Gaza. He's even banning masks—“NO MASKS!” He says, 5 years after he paid states to mandate them. J.D. Vance just blasted Germany for jailing social media critics of the German government, but Trump's plan is worse: criticize an Israeli politician, and American cops will be kicking down your door! Forget January 6th lessons—Trump's shredding our God-given right to peacefully protest, just like Biden but for different politicians. 48:51From Brady Bunch Laughs to CDC Fear FactoryFrom sitcom innocence to a manufactured panic where nobody even died, this is the CDC's dirty playbook exposed—decades of lies to jab us all, and RFK Jr.'s just the latest puppet! 47:29 LIVE comments from audience 1:10:02Trump's Tariff Tantrum: Executive Overreach Unleashes ChaosTrump is not using tariffs like McKinley, Jackson, and Jefferson.  What IS the reason when his Commerce Secretary says it's likely they'll be rolled back in a few days?What should you stockpile?  Which foods are likely to increase in price?Trump is bolstering WEF puppet Trudeau as even conservatives come together in opposition1:34:55 Cars Crushed, Produce Plundered, and Canada's Ready to Pull the PlugWhat will the economic consequences be and how is Canada reacting to tariffs that aren't targeting an industry but targeting their country?Will USMCA/NAFTA arbitration come into play?1:49:17“Technological Republic”: Alex Karp's Vision for Technocracy He lectures the Democrats (of whom he's always been a part) about the futility of resistance to Musk & DOGE when AI gives full “transparency” to EVERYTHING.  Think about that. 2:05:03 Trump Offers Foreign Millionaires More Freedom Than AmericansAre there 250,000 multi-millionaires willing to buy their way into the USA? What will they get for their money that's NOT allowed for native born Americans? 2:15:26Is Trump's “Bitcoin Reserve” a Private Version of “Fed Now”?“Fed Now” was the Federal Reserve's wholesale version of a CBDC before rolling out a retail “Fed Coin”.  Is Trump's inclusion of XRP, ADA, SOL the first step in a Public/Private POS (Proof of Stake) digital currency? 2:32:38Justin Sun's $75M Bribe Silences SEC in Shocking Corruption ScandalJustin Sun, a 34-year-old Chinese crypto mogul who dropped $75 million into the Trump family's World Liberty Financial (WLF) token scheme—yep, the same guy who ate a $6.2 million duct-taped banana just to flex his wealth2:40:11 Bezos Buys Influence with Trump with $28 MILLION to Melania for Amazon MovieImagine how much money she could make if she told the full story of Jeffrey Epstein along with her involvement and Donald's involvement 2:55:56Zelensky's Ready to Sell Rare Earths — But He ALREADY Did with UK?…would anyone like to buy a bridge in Brooklyn?If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

     Larry Fink, CEO of Blackrock, was the spider at the center of a web of DEI & ESG.  Is turning over the Panama Canal part of the deal for putting “woke” policies on slumber?     RFK Jr.'s jaw-dropping flip-flop—calling Israel criticism a “health crisis” while pushing fake pandemics—nothing's off-limits with Trump proposing jailing critics of the Israeli government     Dive into the CDC's decades-long jab scam, Trump's tariff chaos crushing cars and produce, and Canada's threat to unplug America.     Alex Karp's Technological Republic unveils a chilling AI spy state, while Trump sells millionaires tax-free residency and Justin Sun's $75M crypto bribe silences the SEC      Melania's $28M Amazon payout hints at Epstein secrets, and Zelensky's double-dipping rare earths scam caps this wild ride.     Buckle up—this podcast rips the mask off a corrupt technocratic takeover!2:30Panama Canal Goes to the “Moriarty” of ESG: BlackrockLarry Fink, CEO of Blackrock, was the spider at the center of a web of DEI & ESG.  Is turning over the Panama Canal part of the deal for putting “woke” policies on slumber? 20:06RFKj Now Says Criticism of the Israeli Government is a “Public Health” IssueHe had one job — stop the jabs.  But now he's cheerleading a fake measles “pandemic,” pushing jabs, and declaring criticism of a foreign government, Israel, a “public health crisis” worse than the plague. 41:24Trump's Says Jail for Critics of Israeli GovernmentMoney, not English, is the official language of the federal government and Trump is screaming “comply” to colleges were protestors are criticizing Israeli actions in Gaza. He's even banning masks—“NO MASKS!” He says, 5 years after he paid states to mandate them. J.D. Vance just blasted Germany for jailing social media critics of the German government, but Trump's plan is worse: criticize an Israeli politician, and American cops will be kicking down your door! Forget January 6th lessons—Trump's shredding our God-given right to peacefully protest, just like Biden but for different politicians. 48:51From Brady Bunch Laughs to CDC Fear FactoryFrom sitcom innocence to a manufactured panic where nobody even died, this is the CDC's dirty playbook exposed—decades of lies to jab us all, and RFK Jr.'s just the latest puppet! 47:29 LIVE comments from audience 1:10:02Trump's Tariff Tantrum: Executive Overreach Unleashes ChaosTrump is not using tariffs like McKinley, Jackson, and Jefferson.  What IS the reason when his Commerce Secretary says it's likely they'll be rolled back in a few days?What should you stockpile?  Which foods are likely to increase in price?Trump is bolstering WEF puppet Trudeau as even conservatives come together in opposition1:34:55 Cars Crushed, Produce Plundered, and Canada's Ready to Pull the PlugWhat will the economic consequences be and how is Canada reacting to tariffs that aren't targeting an industry but targeting their country?Will USMCA/NAFTA arbitration come into play?1:49:17“Technological Republic”: Alex Karp's Vision for Technocracy He lectures the Democrats (of whom he's always been a part) about the futility of resistance to Musk & DOGE when AI gives full “transparency” to EVERYTHING.  Think about that. 2:05:03 Trump Offers Foreign Millionaires More Freedom Than AmericansAre there 250,000 multi-millionaires willing to buy their way into the USA? What will they get for their money that's NOT allowed for native born Americans? 2:15:26Is Trump's “Bitcoin Reserve” a Private Version of “Fed Now”?“Fed Now” was the Federal Reserve's wholesale version of a CBDC before rolling out a retail “Fed Coin”.  Is Trump's inclusion of XRP, ADA, SOL the first step in a Public/Private POS (Proof of Stake) digital currency? 2:32:38Justin Sun's $75M Bribe Silences SEC in Shocking Corruption ScandalJustin Sun, a 34-year-old Chinese crypto mogul who dropped $75 million into the Trump family's World Liberty Financial (WLF) token scheme—yep, the same guy who ate a $6.2 million duct-taped banana just to flex his wealth2:40:11 Bezos Buys Influence with Trump with $28 MILLION to Melania for Amazon MovieImagine how much money she could make if she told the full story of Jeffrey Epstein along with her involvement and Donald's involvement 2:55:56Zelensky's Ready to Sell Rare Earths — But He ALREADY Did with UK?…would anyone like to buy a bridge in Brooklyn?If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

Glen quizzes John about his initiative leveraging social media app BlueSky's open source architecture to create a moderated, inclusive platform for credit union dialogue and experimentation. Also- threading the needle at the Governmental Affairs Conference.        Links related to this episode:   BlueSky: https://bsky.app/notifications Our Bluesky accounts to follow: @bigfintech.bsky.social  @154advisors.bsky.social (Glen) @jbfintech.bsky.social (John) The AT Protocol used by BlueSky: https://en.wikipedia.org/wiki/AT_Protocol Glen's blog on official 2024 volumes for RTP, FedNow and Same Day ACH: https://www.big-fintech.com/Media?p=zelle-hits-a-trillion-same-day-ach-says-hold-my-beer   Join us for our next CU Town Hall- Wednesday March 12 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing credit unions today. This session will focus on the key takeaways from the Governmental Affairs Conference.  The Town Hall is free to attend, but advance registration is required:  https://www.cutownhall.com/  Signing up for the Town Hall also earns you a card for our Bingo game tracking 2025 industry predictions.  Find out more here: https://www.big-fintech.com/Media?p=did-you-have-that-one-on-your-bingo-card Follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Glen speaks with DePaul University professor and financial innovation expert Lamont Black about his recent work on a blockchain-based secondary loan market to unlock credit union liquidity and reduce costs. Also- Chase tries to keep Zelle in the “friends and family,” and 2024 payment stats beg the question “how fast is fast enough?”   Links related to this episode:   Wide Open Ventures: https://www.linkedin.com/company/wideopenventures/posts/ The Filene Research Institute's report on Loan NFT (Executive Summary): https://www.filene.org/reports/introducing-loannft-a-blockchain-solution-for-the-secondary-loan-market Lamont Black: https://lamontblack.com/ Glen's blog on official 2024 volumes for RTP, FedNow and Same Day ACH: https://www.big-fintech.com/Media?p=zelle-hits-a-trillion-same-day-ach-says-hold-my-beer   Join us for our next CU Town Hall- Wednesday February 26 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing credit unions today. This week we'll be "pre-gaming" for GAC- even if you won't be attending the largest annual credit union conference, we'll crowdsource the burning issues you're most interested in and serve as your onsite "eyes and ears" for these topics.  The Town Hall is free to attend, but advance registration is required:  https://www.cutownhall.com/  Signing up for the Town Hall also earns you a card for our Bingo game tracking 2025 industry predictions.  Find out more here: https://www.big-fintech.com/Media?p=did-you-have-that-one-on-your-bingo-card Follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

"Instant payments are going to improve member experiences and better meet expectations." - Dr. Siva NarendraThank you for tuning in to The CUInsight Network, with your host, Robbie Young, Vice President of Strategic Growth at CUInsight. In The CUInsight Network, we take a deeper dive with the thought leaders who support the credit union community. We discuss issues and challenges facing credit unions and identify best practices to learn and grow together.My guest on today's show is Dr. Siva Narendra, CEO at Tyfone, who joins me to help explore the fascinating intersection of technology, security, and digital banking. Siva shares how he dreamed of being an artist, but his passion for problem-solving led him down a path involving engineering, energy-efficient systems, mobile payments, and ultimately to Tyfone.During our conversation, we discuss how Tyfone has become a leader in creating secure, frictionless experiences for credit unions and their members. Siva also shares how the company takes on challenges such as account takeover fraud, instant payments, and using A.I. for smarter, more intuitive member experiences. You'll hear about Tyfone's groundbreaking use of deterministic security, which greatly decreases the risk of fraud while maintaining user-friendliness, as well as Tyfone's leadership in instant payments via tools such as FedNow.As we wrap up the episode, Siva talks about the tech leader who resonates most with him and how he's excited to play around with NVIDIA's agentic A.I. devices. He also talks about his favorite city (other than Portland) and shares his best life hack for work-life balance. Enjoy my conversation with Dr. Siva Narendra!Find the full show notes on cuinsight.com.Connect with Siva:Dr. Siva Narendra, CEO at Tyfonetyfone.comSiva: LinkedInTyfone: LinkedIn | Facebook | Instagram | X | YouTube | Podcast

Video Podcast Replay – Audio from a ChargeForward Conversations video podcast with experts from Chargebacks911 and Voalyre Dive into The Future of Payments & Using Media to Build a Brand in this exciting debut of The ChargeForward Conversations Podcast. Jarrod Wright, Head of Marketing at Chargebacks911, chats with Tedd Huff, a FinTech veteran, founder of Voalyre, and host of FinTech Confidential. They discuss how businesses can harness the power of payments innovation and media to stand out in today's competitive market. In this episode you'll discover: Key trends in payments: ACH, FedNow, RTP, cryptocurrency, and blockchain. How stablecoins are changing the landscape of financial transactions. Why video-first content strategies and podcasting are essential tools for brand growth. The importance of quality production and storytelling in connecting with audiences. Whether you're a FinTech professional, content marketer, or entrepreneur, this episode is your guide to leveraging payments innovation and media strategies for success. Stay tuned for insights, practical tips, and predictions for the future of finance and digital content creation. Presentations by Jarrod Wright and Tedd Huff host of FinTech Confidential

Send us a textLiterally a couple days before I recorded this podcast with Siva Narendra, CEO and founder of Tyfone and now Payfinia, a story moved over the wire with this headline: Payfinia Launches CUSO with Star One Credit Union.The story added that Star One - a Silicon Valley behemoth - had invested $4.5 million in the CUSO. That money, by the way, moved in a series of $500,000 instant payments into Payfinia's coffers.  At its end Payfinia has built in layers of controls to guard against fraud but to allow real time transfers.That Star One commitment tells you Payfinia is for real, and Narendra is on the show to tell about Payfinia, which he says is the opportunity for community financial institutions - that means credit unions too - to own an instant payments system that has shown its losses to fraud are dramatically lower than with instant ACH and at the same time overhead costs are dramatically lower.Instant payments are real and increasing numbers of consumers and businesses - perhaps small businesses especially - want instant payments.  The time is now.Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com  And like this podcast on whatever service you use to stream it. That matters.  Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

Key Takeaways: XRP Helps Banks Move Money Fast XRP is used by banks to send money quickly and cheaply across countries. It works like a middleman to exchange different currencies. How XRP is Different From Others XRP isn't the same as FedNow, stablecoins, or Bitcoin. It's made for fast, worldwide transactions, while others have different purposes. Works Like PayPal for Currencies Think of XRP as a tool that moves money between banks quickly, similar to how PayPal helps people send money to each other easily. It Competes With SWIFT XRP is a modern alternative to SWIFT, the old system banks use for international money transfers. It's faster and more efficient. Take a Long-Term View on Investments Before investing in cryptocurrencies like XRP, look at trends and think about how they might grow in the future. Chapters: Timestamp Summary 0:01:03 XRP: Speed and Cost Benefits 0:01:50 Comparison: XRP vs. FedNow 0:02:22 XRP vs. Stablecoins 0:02:55 XRP vs. Bitcoin 0:03:58 XRP's Competition: Swift System   Powered by Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Glen connects with Payfinia CUSO General Manager Keith Riddle and Star One Credit Union's EVP of Operations Minal Gupta about the newly minted CUSO aiming to streamline CUs' provision of instant payment services. Also, newly released FedNow data- plus reporting from the more mature RTP network- reveals some unexpected twists.   Links related to this episode:   Payfinia: https://tyfone.com/payfinia/ (or contact Keith Riddle: keith.riddle@tyfone.com) Star One Credit Union: https://www.starone.org/   FedNow volume statistics through September 2024: https://www.frbservices.org/resources/financial-services/fednow/quarterly-volume-value-stats Glen's 2023 article featuring Minal Gupta/Star One (as well as other early FedNow Adopters) in Credit Union Magazine: https://media.americascreditunions.org/articles/123351-real-time-relevance   Join us for our final CU Town Hall of 2024- Wednesday December 11 at 3pm ET/Noon PT- for a live and lively interactive conversation tackling the major issues facing CUs today. It's free to attend (credit union employees might even win a door prize!), but advance registration is required:  https://www.cutownhall.com/  Find us on BlueSky at @bigfintech, @jbfintech and @154Advisors Follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

Continuing our annual tradition, John and Glen glide through a fintech wonderland with Anne Legg (Thrive Strategic Services) and John Janclaes (Nymbus CUSO), sharing thoughts on things they're thankful for across our collaborative community- from the expected (AI, the innovative spirit) to the counter-intuitive (fraud levels, fintech funding).      Links related to this episode:   THRIVE Strategic Services: https://www.anneleggthrive.com/ Nymbus CUSO: https://www.nymbus.com/cuso/ BIG's Innovation Club: https://www.big-fintech.com/Innovation-Club/Technology Open AI's Sam Altman discusses the prospects for Artificial General Intelligence (AGI) in 2025: https://www.youtube.com/watch?v=xXCBz_8hM9w After our podcast discussion of real time payments, the Fed issued its first data on FedNow volumes: https://www.frbservices.org/resources/financial-services/fednow/quarterly-volume-value-stats   Join us for the next CU Town Hall on Wednesday December 11 at 3pm ET/Noon PT for a live and lively interactive conversation tackling the major issues facing CUs today. It's free to attend (credit union employees might even win a door prize!), but advance registration is required:  https://www.cutownhall.com/  Find us on X at @bigfintech, @jbfintech and @154Advisors You can also follow us on LinkedIn: https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/ https://www.linkedin.com/in/glensarvady/

In this podcast show, we explore with our repeat guest, Professor Dan Awrey of Cornell University Law School, his working paper “Money and Federalism” in which he advocates for the enactment of Federal legislation creating a Federal charter for non-banks engaged in the payments business, like PayPal and Venmo. The article may be accessed online at SSRN and will likely be published in a law review at some time in the future. The abstract of Professor Awrey's article describes in general terms what we discussed: The United States is the only country in the world in which both federal and state governments possess independent and yet overlapping authority for bank chartering, regulation and supervision. The roots of this unique dual banking system can be traced back to the Constitution, written almost a century before banks rose to the apex of the financial system and became the dominant source of money. Beginning with the landmark Supreme Court decision in Maryland v. McCulloch, the system has been a wellspring of jurisdictional conflict. Yet over time, this highly contested and highly fragmented system has also produced strong federal oversight and a financial safety net that protects bank depositors, prevents destabilizing runs, and promotes monetary stability. This system is now under stress. The source of the stress is a new breed of technology-driven financial institutions licensed and regulated almost entirely at the state level that provide money and payments outside the perimeter of both conventional bank regulation and the financial safety net. This article examines the rise of these new monetary institutions, the state-level regulatory frameworks that govern them and the nature of the threats they may one day pose to monetary stability. It also examines the legal and policy cases for federal supremacy over the regulation of these new institutions and advances two potential models, one based on complete federal preemption, the other more tailored to reflect the narrow yet critical objective of promoting public confidence and trust in our monetary system. Professor Awrey explained why existing state money transmitter statutes under which non-bank payments firms are generally licensed provide insufficient protection for consumers who use these firms. State money transfer statutes were created many years ago to protect consumers that were using Western Union. These laws were not designed to protect consumers that deploy non-bank Fintech companies using new technologies to transfer funds. These companies don't have access to the Federal Reserve's central payments system that banks have access to. These non-bank companies, unlike banks, are subject to federal bankruptcy law.  That increases the likelihood that consumers can lose their funds deposited in one of these non-bank companies in the event of its failure. Professor Awrey concludes that the answer to this problem is the enactment of federal legislation which would create a federal charter for non-bank companies engaged in transmitting payments. A company that is granted such a charter would have access to the Fed's payment rails and would be exempt from the federal Bankruptcy Code. Such a company would be very restricted in the types of investments it may hold. The federal charter would ideally preempt many state laws, including state money transmitter laws. We also spent some time at the beginning of the show discussing the status of FedNow, the instant payments system launched by the Federal Reserve System in July 2023. Professor Awrey was previously a guest on our podcast show on September 14, 2023 entitled “What is FedNow and its Role in the U.S. Payments System.” At that time, Professor Awrey predicted that FedNow was too little, too late and too expensive for small banks. Professor Awrey's opinion is unchanged. He noted that the Fed has so far refused to share any data about FedNow usage. Alan Kaplinsky, Senior Counsel and former practice group leader for 25 years of the Consumer Financial Services Group, hosted the podcast show.

In this episode of the Operate Podcast, we explored the transformation of the banking sector through technology, leadership, and community engagement. Our guest, Marc Rehberger, delves into his journey from technology companies to leading tech-enabled banking at Customers Bank. We discussed cutting-edge advancements in real-time payments, the strategic adoption of technologies like RTP and FedNow, and their long-term impacts on financial institutions. The discussion highlighted how banks have adapted to unprecedented times, emphasizing agility, decision-making, and the integration of modern FinTech solutions with traditional banking practices. We also touched on the invaluable role of community banks in the U.S. financial system, their unique understanding of local markets, and the collaborative ecosystem they foster. Throughout the episode, we emphasized the balance between technological adoption, regulatory compliance, and maintaining personal customer relationships, which we both believe will persist in banking. Marc shared his insights on leadership, the power of mentorship, and the importance of investing in people, concluding with practical advice for professionals eager to innovate in their banking careers. Tune in to discover how combining traditional banking strengths with modern technology creates a dynamic and exciting environment for both customers and employees. Thanks to show sponsor, BankTech Ventures! CHAPTER MARKERS: 00:00 Preview 00:37 Intro 00:54 Sponsor 01:28 Guest Introduction: Marc Rehberger 02:40 Marc's Career Journey 05:17 Transition to Customers Bank 07:56 Role and Responsibilities at Customers Bank 15:14 Challenges and Successes in Banking 24:37 The Importance of Community Banks 27:28 Challenges Facing Community Banks 29:04 The Importance of Technology Partnerships 31:31 Advice for Bankers on Tech Integration 36:43 The Role of Core Technology in Banking 38:47 The Future of Banking: Open Banking and Portability 47:55 Core Values and Personal Reflections 50:53 Advice for Early Career Professionals 52:59 Conclusion and Final Thoughts

As moedas digitais centralizadas, como as CBDCs, FedNow e o BRICS Coin, estão projetadas para transformar completamente o controle financeiro. Ao operarem em plataformas digitais controladas por governos, elas permitirão que autoridades monitorem cada transação, rastreando e armazenando dados de consumo e movimentações financeiras em tempo real. Isso possibilita um controle direto sobre as finanças individuais, com a capacidade de restringir gastos, bloquear acessos e aplicar taxas instantaneamente. A privacidade financeira tradicional será substituída por uma vigilância total, criando um sistema onde o controle governamental será onipresente nas economias pessoais. ✅ Veja aqui todos os links importantes mencionados no video além de cursos, site de noticias, apoiadores, documentários e também nossas mídias sociais. https://linktr.ee/BitcoinBlock

Ever wondered how the fintech world is reshaping global payment and spend management? This episode of Leaders in Payments features Pedro Batista, CEO of Payhawk in the UK, who reveals the journey that took him from Porto, Portugal, through heavyweight fintech companies like CurrencyCloud and Plaid, all the way to his current role. Pedro shares invaluable insights into Payhawk's mission to streamline and automate financial operations for businesses, emphasizing real-time visibility, vertical integration, and fraud detection. Whether your company has frequent travelers, is scaling rapidly, or needs more efficient global spend management, Pedro's expertise will provide a roadmap to enhanced financial efficiency.Discover the innovation disparity between consumer financial technologies and B2B payment systems as we dissect the infrastructure evolution with Pedro. From the potential of blockchain in developing economies to the impact of real-time payment systems like FedNow, this episode offers a comprehensive outlook on the future of payments. Listen as Pedro discusses his passion for leveraging AI to optimize customer service and operational efficiency, along with the importance of adapting to regulatory shifts. We wrap up with Pedro's personal interests in traveling and sports, and his strategic advice for newcomers in the payments industry. Don't miss out on Pedro's vision for Payhawk's future, driven by real-time technology and exceptional customer support.

In this episode, Dr. Angela Murphy, vice president of marketing and solution at Pidgin, discusses the revenue opportunities that instant payments offer financial institutions. She also discusses why banks and credit unions need to develop a payments strategy that reaches across their organizations.  You can find the white paper discussed in the show here: Whitepages (pidgin.net). You can find her YouTube channel here: Payments Elsa Intro (youtube.com) and her Instagram page here: https://www.instagram.com/paymentselsa/ .   This podcast was recorded on August 30, 2024. Things may have changed by the time you hear it.  

In the latest episode of the What the FinTech? podcast, we're joined by Anu Somani, Head of Global Payables and Embedded Payments at US Bank, to explore the growing adoption of real-time payments (RTP) in the US following the one-year anniversary of the launch of FedNow, the instant payment service developed by the Federal Reserve. Anu and FinTech Futures editor Paul Hindle discuss the role both FedNow and the Clearing House's RTP Network have played in driving this growth, the key use cases for RTP that have been helping to boost adoption among banks and businesses, and what's next for RTP and the US payments space as a whole as technology and user demands continue to evolve at a rapid pace. And finally, we find out what fintech buzzword Anu wants to free from our Fintech Jail!

Join the Payments Professor as he welcomes real law professor Cathy Mansfield to the Payments Podium! In this insightful episode, they discuss the evolution of consumer protection laws in payments, the importance of Reg E, and how regulations adapt (or not) to modern payment methods like Zelle and FedNow. Whether you're a payments professional or just curious about the laws that protect your financial transactions, this episode offers valuable knowledge from an expert in the field. Tune in to learn more and discover how consumer protection impacts your daily transactions. Don't forget to subscribe for more in-depth discussions!

The introduction of real-time payments in the U.S. market has been unfolding for several years now, but it seemed to pick up momentum in the last year as FedNow came to market. We now have over 1,000 banks live with real-time payments (at least for receiving) and a solid majority of transaction accounts are now reachable via FedNow, The Clearing House's RTP system, or both. We wanted to understand whether we might be reaching the elusive “tipping point” for real-time payments in the U.S. and which players and what kind of use cases might be driving the growth. So, we turned to an old and respected friend of Glenbrook to share a perspective. In this episode, we go deep on the state of real-time with Dimitri Dadiomov. Dimitri is CEO at Modern Treasury, which gives him a birds-eye view of transaction trends as his company connects major corporations and leading-edge fintech platforms to a growing set of major banks in order to enable and streamline the origination of many money movement use cases.

In this month's “News From The Fintech Front" host Elizabeth Kleinveld discusses recent fintech developments with guests Bruno Diniz and Ritesh Jain. They explore major fintech news, focusing on topics like the expansion of payment company Adyen into India, investments by Japan's Credit Saison in Latin American startups, and HSBC's involvement in open property data for smoother home buying in the UK. They also delve into Brazil's innovative financial infrastructure, including PIX, open finance, and the central bank's efforts in AI and data science. Furthermore, they discuss challenges in retail CBDC adoption and MasterCard's partnerships aimed at expanding fintech opportunities in Africa and the Middle East. Throughout the conversation, the importance of financial literacy versus financial inclusion is emphasized, alongside concerns about AI biases in financial systems. ‌ Bruno Diniz https://www.linkedin.com/in/brunoevdiniz Managing Partner, Spiralem Innovation Consulting / Professor on Financial Innovation, University of Sao Paulo (USP) Regarded as one of the top fintech influencers in LATAM, Mr. Diniz is also an international speaker, and bestselling author of three books on financial innovation: The Fintech Phonomenon, The New Financial Logic, and The Age of Crypto-Economy. ‌ Dr. Ritesh Jain - Founder, Infynithttps://www.linkedin.com/in/drriteshjain/ Known for his work in payments innovation, open banking, and digital public infrastructure. He has held key roles at HSBC, VISA, Apple, and Maersk, where he developed the Apple Pay tokenization stack and led major transformations.Dr. Jain advises global payment programs like UPI, FedNow, and PIX, and is a recognized expert in financial inclusion. He is the first to earn a PhD in Open Banking and played a crucial role in Maersk's recovery from the NotPetya ransomware attack. He is also a trusted advisor to G20 and GPFI, an active fintech investor, and a sought-after speaker at global conferences.

We check in with Corporate One CEO Melissa Ashley one year into the launch of FedNow to learn how credit unions are adapting to the new world of immediate payments.  And introducing everyone's favorite new credit union podcast exclusive game show: "Payments Platform or Gremlin?"! You won't want to miss this, the winner gets a thumbs up from host Michael!

It's been said that real-time payments have spurred financial institutions to modernize their operations to keep up with where their customers and their customers' customers have already gotten to. In this podcast, we talk to Jessica Chaney to get her take on adoption rates in the US market and the interoperability between the Clearing House's RTP and FedNow's Instant Payments offerings.

To celebrate the one-year anniversary of FedNow's debut, Zoey Tang sat down with an esteemed panel of experts, Nick Stanescu, Carlos Brandt, and Rocio Wu. In today's episode, we discussed -Latest updates about FedNow -Lessons learned from Pix and other international instant payment network -Factors that drove differences in adoption across markets -Exciting innovations in the instant payment space About guests featured on today's show: Nick Stanescu is the Executive Vice President and Chief FedNow Executive at the Federal Reserve Bank of Boston. He leads the FedNow® Service, a groundbreaking initiative aimed at revolutionizing the US payments landscape with round-the-clock instant payment and settlement services. Carlos Brandt is a senior advisor at the Central Bank of Brazil for Pix and payments in general. He was the Head of management and operations for Pix since the launch in 2020. He has been instrumental in the design and implementation of Pix, Brazil's highly successful instant electronic payment system that has significantly increased financial inclusion and transformed the country's payment ecosystem. Rocio Wu is a Principal at F-Prime Capital, where she leads investments in FinTech and enterprise software. With a rich background in investing and operating roles at companies like Google and Amazon in Europe, LatAm, Asia, and the US, Rocio brings a global perspective on innovation and technology in the payments sector. For more FinTech insights, follow us on: WFT Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech WFT Instagram: instagram.com/whartonfintech Zoey's LinkedIn: www.linkedin.com/in/zoeytang1007/

With the introduction of "Fed Now," the Federal Reserve has laid the foundation for digital currency and government control of your money.

Instant Payments are here and the FedNow® Service is now available with this new payment rail.  Hear 5 quick facts I learned when I recently attended a meeting where this service was the presentation topic.  I was surprised.  Keep Listening. Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out my new Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team. Links mentioned in the podcast + other helpful resources:   FedNow® Service Information:  Explore FedNow Instant Payments:  Free Authentication Training:  3 Step Vendor Setup & Maintenance Process Workshop Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download (Get 25% Discount on the Global Vendor Registration Numbers)Vendor Process Training Center:  https://training.debrarrichardson.comFree Live and On-Demand Webinars: https://debrarrichardson.com/webinarsVendor Master File Clean-Up:  https://www.debrarrichardson.com/cleanupYouTube Channel:  https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw More Podcasts/Blogs/Webinars www.debrarrichardson.comMore ideas?  Email me at debra@debrarrichardson.com Music Credit:  www.purple-planet.com

In this episode of the Money Multiplier podcast, I dive into the transformative world of technology and finance. We'll explore the rapid evolution of digital banking, from its inception in 1995 to the potential future with FedNow digital coin, and what this means for the Infinite Banking Concept (IBC). With technology making financial management more accessible and efficient, we'll discuss key statistics highlighting this shift, such as the overwhelming adoption of electronic tax filings and the impressive savings impact of Rocket Money. I'll also touch on the growing role of AI in accounting and how it's reshaping business operations.   Join me as I delve into practical tools and strategies for protecting your money in this digital age, from subscription management services to advanced financial security measures. Whether you're curious about the future of digital currency or looking for ways to integrate technology into your financial planning, this episode offers valuable insights and actionable advice. Tune in to learn how to harness the power of technology for smarter, more secure financial decisions and explore the endless possibilities of the Infinite Banking Concept in a tech-driven world.   Have a topic you want me to discuss? Feel free to send any questions or comments to podcast@themoneymultiplier.com.    Join us for a LIVE, in-person event - The Money Multiplier Mastermind on October 10-12. More details on how to register coming SOON!   To view a recorded version of our presentation on the Infinite Banking Concept, please visit: https://themoneymultiplier.com/presentation   Make an appointment with me: https://go.oncehub.com/hannahkesler   For other resources: https://linktr.ee/themoneymultiplier    Hannah: https://www.instagram.com/hannah_kesler

In today's podcast, David Miller from Hunt Companies joins us to discuss the future of real-time information and payments. We'll cover APIs, RTP, FedNow, and the need for implementation. Listen in to learn more. Find David on LinkedIn here: https://www.linkedin.com/in/david-miller-87553b1/ 

Since our last update on instant payments, FedNow's Instant Payments has become readily available in the US market, India and China are showing a strong upswing, and the EU's Instant Payments Regulation mandates that any euro payments across EU member states be completed within seconds, 24/7. We chatted with Lipis Advisor's founder, Leo Lipis, to get an update on instant payments in the current landscape and future trends.

Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG. Midas' website: https://midas.app/ Follow Midas on Twitter https://x.com/midasrwa Fabrice Grinda's website: https://fabricegrinda.com/ Fabrice Grinda on Twitter https://x.com/fabricegrinda Follow VanEck on Twitter https://twitter.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (00:54) How Fabrice Grinda Thinks About Macro (05:19) Fabrice's Early Journey In VC During The Venture Capital Bust of 2000 (07:06) The VC Boom of 2020 & 2021 (11:24) Why Raising Too Much Money At Too High A Valuation Can Be A Big Problem (For Real) (16:38) Layoffs In Tech While The Overall U.S. Job Market Has Been Strong In 2023 & 2024: How To Square This? (19:18) The Biggest Risk Now Is Not Macroeconomic In Nature: It Is Geopolitical (21:19) VanEck Ad (21:59) Palantir and Anduril (26:48) Why An Increasing Percentage of Grinda's Investments Are Now In The U.S. (30:42) VC Tourists Who Got Smoked In 2022 (33:15) Have VC Valuations Bottomed? A Tale of Two Cities (AI & Non-AI) (36:02) Fabrice's Journey Into Crypto (39:29) Midas: Yield-Bearing Stablecoin That Can Actually Do Stuff On-Chain (44:13) The Crypto Basis Trade & mBasis (47:50) Tether and Circle (49:41) Midas' Decision To Be Regulatory Compliant In Europe (And Not The U.S.) (51:44) The U.S. Regulatory Crackdown on Crypto Has Been Hardcore (53:17) Bankruptcy Remoteness In Crypto Is Rare (57:27) Are Onchain Treasury Bills Still Zero Coupon? (58:32) Fabrice's Longer-Term Vision For Midas (59:49) Fabrice's Views On Payment Rails Such as MasterCard, Visa, etc. (01:04:27) FedNow (01:07:29) How Did The Fall of Silicon Valley Bank (SVB) Impact The Venture Capital (VC) Ecosystem? (01:14:35) Additional Thoughts On Macro and Recession Risk (01:17:45) State of AI VC Market In 2024 (01:24:50) Self-Driving Tech (01:27:12) Who Will Be The Biggest Long-Term Winners From AI? __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Send us a Text Message. Real time payments.  Coming at you right now.  Are you ready?On the show is James Colassano, an SVP at The Clearing House, an institution owned by some of the world's largest banks (including Chase, BMO, CapitalOne, B of A, Santander and more). And The Clearing House very much wants credit unions to get involved with its RTP network because its goal is ubiquity.Already hundreds of credit unions, including Navy Federal, are on board.The 2024 fact is that consumers - and businesses - want money to move instantly.  Institutions that don't possess that capability will fall behind.It's easy to get involved with RTP, by the way. Most core systems in use at credit unions already have the capability built in.  Flick a switch, complete some paperwork, and an institution is active.  The starting point in this journey: talk with your core provider.  They likely will know your next steps.In this show Colassano talks about use cases for RTP and also about how to claw back a payment that was made in mistake.He also explains how RTP and FedNow are different but fundamentally on the same mission.Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com  And like this podcast on whatever service you use to stream it. That matters.  Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

Episode Topic: Welcome to an insightful episode of PayPod. We get into the world of fintech innovations with Oban McTavish, co-founder and CEO of Spade, on how Card Transaction Data is being revolutionized. Oban McTavish shares his insights on the challenges and solutions related to making transaction robust data clearer and more meaningful. This discussion not only highlights the practical problems many consumers face with cryptic bank statements but also explores the technological advancements being made to address these issues effectively. Lessons You'll Learn: This enlightening discussion provides a comprehensive understanding of the intricacies involved in payment processing and the importance of high-quality transaction data. The episode sheds light on the direct impact that clear transaction descriptions can have on reducing fraud, enhancing customer experience, and improving financial management both for individuals and businesses. Additionally, listeners will learn about the strategic moves fintech companies like Spade are making to modernize the financial landscape, ensuring that banks and customers can navigate their transactions with greater confidence and ease. About Our Guest: Oban McTavish is the Robustco-founder and CEO of Spade, a company at the forefront of improving Card Transaction Robust Data through innovative fintech solutions. With a background in business administration and finance, Oban has a deep understanding of the banking and payments industry. His career journey includes founding another startup and working as an investment analyst, experiences that have equipped him with a unique perspective on the intersection of technology and finance. Oban's leadership at Spade is driven by a commitment to developing solutions that enhance transaction transparency and protect consumer interests. Topics Covered: The episode covers a range of topics including the future of real-time payments, digital wallets, and the shift towards mobile and account-to-account transactions. Tracy Prandi-Yuen elaborates on how real-time payments are becoming a foundational element of modern financial transactions, offering immediacy and convenience that traditional methods cannot match. Discussion extends to the global adoption of these systems and the varying impact across different economies. Additional themes explored include the role of AI in enhancing payment security, the evolution of payment infrastructures like FedNow, and the strategic importance of local payment systems in the face of geopolitical challenges.

Episode Topic: Welcome to an insightful episode of PayPod. We get into a journey to the evolving landscape of payment technologies with Tracy Prandi-Yuen, the Global VP at Boku. As fintech continues to advance, understanding the dynamics of various payment methods, especially in non-traditional markets, becomes essential. Tracy sheds light on the significance of localized, non-card-based, and real-time payments options and their impact on global commerce. She offers a unique perspective on the technological shifts that are redefining how businesses and consumers interact financially worldwide. Lessons You'll Learn: This enlightening discussion provides a wealth of knowledge on the integration of innovative real-time payments solutions and the critical role of diversity and inclusion in creating successful corporate cultures. Listeners will gain insights into the challenges and opportunities within the payment industry, the importance of adapting to consumer needs, and strategies for fostering inclusive work environments that resonate with global teams. Tracy also discusses the implications of leadership in driving change and the necessity for authenticity in corporate diversity initiatives. About Our Guest: Tracy Prandi-Yuen is a seasoned leader in the fintech sector with extensive experience in developing and managing payment solutions at Boku. Her career spans significant roles at Visa and Meta, where she honed her skills and deepened her understanding of digital payments and strategic leadership. Tracy's expertise lies in her ability to merge technology with user-centric payment practices, ensuring accessibility and security. A staunch advocate for diversity, Tracy's leadership style is characterized by her commitment to empowering women and promoting inclusive practices within the tech industry. Topics Covered: The episode covers a range of topics including the future of real-time payments, digital wallets, and the shift towards mobile and account-to-account transactions. Tracy Prandi-Yuen elaborates on how real-time payments are becoming a foundational element of modern financial transactions, offering immediacy and convenience that traditional methods cannot match. Discussion extends to the global adoption of these systems and the varying impact across different economies. Additional themes explored include the role of AI in enhancing payment security, the evolution of payment infrastructures like FedNow, and the strategic importance of local payment systems in the face of geopolitical challenges.

On this episode of Banking on KC, Esther George, the former President and CEO of the Federal Reserve Bank of Kansas City, joins host Kelly Scanlon to discuss her extensive 40-year career with the Federal Reserve and her insights on the evolving role of the Fed, the significance of community banks and the future of banking in the context of technological advancements and economic challenges.  Tune in to discover:  How the Federal Reserve has adapted to economic crises and technological changes over the past four decades.  The vital role of community banks in the local and national economy, and the challenges they face in the current financial ecosystem.  The impact of recent innovations like the FedNow service on the banking landscape, and emerging trends that could influence monetary policy and the broader economy.  Country Club Bank – Member FDIC  

In this episode of FUTUREPROOF, we're diving into the fast-paced world of financial technology with Atif Siddiqi, founder and CEO of Branch. The company strives to revolutionize payment methods by offering instant, digital solutions that enhance worker satisfaction and promote financial wellness. Atif discusses how Branch aligns with emerging payment technologies like FedNow and addresses the demand for quicker access to earnings, especially within the gig economy. We explore the challenges of traditional payment systems, Branch's innovative strategies for improving user experience, and the regulatory landscape affecting fintech. Join us for a deep dive into the future of payments and financial health.

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The green new scam is now taking its toll on Germany and Canada. In the US, NY and CA are feeling the pain. The economy breakdown is accelerating, inflation is slowing down. There is a push for the [CB] to lower rates. Trump countered the [CB] pushing into [CBDC]. Obama is now panicking. Jordan and others have subpoenaed the Crossfire Hurricane information. Obama takes a trip to one the FVEY countries. Spygate is in the crosshairs. Trump used the word bloodbath and knew the fake news and the corrupt politicians would use it to create the narrative that Trump will have violence during the elections. The [DS] projected what they are about to do. Sometimes you need to show the people.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Germany Is Running Out Of Money And Debt Levels Are Exploding, Finance Minister Warns German Finance Minister Christian Lindner is warning his own government that state finances are quickly growing out of hand, and the government needs to change course and implement austerity measures. However, the dispute over spending is only expected to escalate, with budget shortfalls causing open clashes among the three-way left-liberal coalition running the country. With negotiations kicking off for the 2025 budget, much is at stake. However, the picture has been complicated after the country's top court ruled that the government could not shift €60 billion in money earmarked for the coronavirus crisis to other areas of the budget, with the court noting that the move was unconstitutional. Since then, the government has been in crisis mode, and sought to cut the budget in a number of areas, including against the country's farmers. Those cuts already sparked mass protests, showcasing how delicate the situation remains for the government . Source: zerohedge.com https://twitter.com/KobeissiLetter/status/1769706137450844186?s=20  highest in 13 years. In January, small businesses faced deadlines to repay interest-free loans of ~$45,000 given during the pandemic. Small businesses currently account for ~33% of Canada's GDP. Is Canada bracing for a recession? https://twitter.com/Fxhedgers/status/1769498998191116440?s=20   since just before the Covid lockdown has been stunning: up more than 25%, a full 5 percentage points more than consumer prices overall. https://twitter.com/WallStreetSilv/status/1769740542655500409?s=20 Didn't we have two back to back quarters of -1.5. So what did the [CB]/[DS] do, they changed the calculation, this way they were able to report we were not in a recession.   https://twitter.com/GRDecter/status/1769747837598740756?s=20   cutting interest rates with stocks and crypto at RECORD highs? WHAT COULD POSSIBLY GO WRONG. Federal Reserve Declares CBDC a “Key Duty” to Congress, Despite Public Statements Attempting To Downplay Its Focus  Fed has only recently been telling Congress that steps leading to a digital dollar are among its “7 key duties.” This is according to Congressman Tom Emmer, who posted a document on X on March 14, explaining that his office received it as the Fed representatives were in Congress for a presentation. What caused the alarm is the mention of Automated Clearinghouse and FedNow among the “key duties,” as these payment systems are seen as a way to move towards a CBDC.  Chairman Jerome Powell told the Banking, Housing and Urban Affairs Committee that adopting or even recommending a US CBDC was a something that was “nowhere near (…) in any form.”

When FedNow launched last July there was a lot of excitement in the financial community about the first new payments rail from the Fed in fifty years. There was also some trepidation. What would the rollout look like? Would banks take a wait-and-see approach? And how would the presence of RTP affect adoption?Now, almost eight months later we have answers to many of these questions. My next guest on the Fintech One-on-One podcast is Mark Gould, the Chief Payments Executive at the Federal Reserve Financial Services. He is the head of FedNow and has steered the Fed through its successful launch and now into its growth stage.In this podcast you will learn:The many different roles Mark has held at the Fed.What the Fed's role is exactly in the payments system.The number of banks that are now on board with FedNow.How the FedNow system actually works.What Mark's pitch is when talking to prospective banks.The difference between signing up for send and receive.How fintech companies should think about FedNow.The primary use cases that are flowing through FedNow right now.How Mark thinks about RTP from The Clearing House.The idea of interoperability between RTP and FedNow.How Mark expects the mix of payment types to evolve over the next decade.The tools that the Fed has in place to prevent fraud.The transaction limits that are in place today.The short term product roadmap for FedNow.When Mark thinks there will be ubiquitous availability of instant payments.What it will take for consumers to have an expectation that payments will be instant.Connect with Mark on LinkedInConnect with Federal Reserve Financial Services on LinkedInConnect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Michael Barr is a busy man these days. As the Federal Reserve's vice-chair for supervision, he's looking at ways of making the financial system safer through the next-generation of US banking regulation, known as the Basel "endgame" proposal. In July, he also unveiled the central bank's new real-time payment settlement system for banks, called FedNow, after years of development. Of course, all of this is happening at an interesting time for banking. This year saw the collapse of three banks following deposit runs. There have been big losses on bond portfolios as interest rates rise, a cyberattack that briefly unsettled the US Treasury market, and there's still a lot of general uncertainty over the direction of the US economy. In this episode, which was recorded live onstage at The Clearing House annual conference in New York, we speak to Barr about how he's thinking about the payments space, big changes to bank regulation, and the macro outlook.See omnystudio.com/listener for privacy information.

Ready to unravel the intricacies of cryptocurrency and blockchain technology in the real estate sector? Join us as we sit down with Professor Tonya Evans who brilliantly guides us through the world of these fascinating digital assets, and their potential in reshaping our financial landscape and revolutionizing real estate investing. This episode is a deep dive into everything from the pitfalls of the traditional monetary system to the exciting possibilities that blockchain technology offers for a more secure, efficient, and inclusive transaction system.We also scrutinize the idea of cryptocurrency as a hard-capped, taxed capital asset that could be a game-changer for portfolio management, and the potential implications for governments and banking systems if people opt for non-traditional currencies over government-issued ones. Listen closely as Professor Evans sheds light on the FedNow program and its potential to disrupt the traditional banking ecosystem while potentially infringing on financial privacy. As we journey through the digital landscape, we delve into the security aspects of cryptocurrencies and blockchain technology, and how they are designed to be virtually incorruptible, thanks to consensus, peer-to-peer technology, and cryptography. Discover the intersection of real estate and cryptocurrency, where digital assets have the potential to represent physical assets like real estate. We discuss the potential of fractional ownership, wider investor access, and enhanced liquidity. Lastly, join us in our heartwarming chat about the charm of Old San Juan and Professor Evans' upcoming trip to Puerto Rico.San Juan Power UP! Your Portfolio Retreat Nov 23-25:https://advantageevans.thrivecart.com/dmd-power-up-your-portfolio-summit/San Juan Power UP! Your Portfolio Sponsor Opportunity: https://advantageevans.thrivecart.com/summit-sponsorship/Book, Membership & Resources @ DigitalMoneyDemystified.comTech Intersect Podcast: https://techintersect.buzzsprout.com/YouTube Channel @ AdvantageEvans:https://www.youtube.com/channel/UCT1Ld0Y3SO51W1kXMExX4UQThis episode is brought to you by Skilled Property Finders - Home of the 21 Day Close!We will close on your property in 21 days or less OR we'll pay an additional $5,000. Visit www.skilledpropertyfinders.com to find out more. Support the show

The U.S. is beginning to catch up when it comes to money transfer. Clark explains the deal with FedNow.  Also, you may be overlooking a simple and inexpensive way to save big bucks on cooling your home this summer.  What Is FedNow: Segment 1 Ask Clark: Segment 2 SAVE on Air Conditioning: Segment 3 Ask Clark: Segment 4 Mentioned on the show What Is FedNow?  Banks' Newest Fed Headache: Nonstop Instant Payments A Retirement Tax Break That Ends the Fear of Outliving Your 401(k) What Is the Largest Homeowners Insurance Deductible That Clark Recommends? Do I Need To Re-Visit My Homeowners Insurance Coverage After Years of High Inflation? Car Insurance Archives - Clark Howard 2 Ways To Guarantee Yourself a Lifetime Stream of Income Immediate Annuities - Income Annuity Quote Calculator Want to Use Less Air Conditioning? Just Turn on a Fan How To Freeze Your Credit With Experian, Equifax and TransUnion Credit Karma Review: Free Credit Score and More at Your Fingertips What Credit Score Do You Need To Buy a Car? Are You Following Clark's Maximum Auto Loan Length Rule? Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we discuss Jeffrey Katzenberg's "Hollywood Advice" for the ageing Joe Biden, JPMorgan sued for deleting over 47 million emails, French TV confronting John Kerry over the Iraq War Crimes, Fox struggling to defend Trump's leaked audio of his classified documents, and our partner James Li brings a new Beyond The Headlines about the dystopian FedNow Central Payment System. To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ Merch Store: https://shop.breakingpoints.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we discuss Jeffrey Katzenberg's "Hollywood Advice" for the ageing Joe Biden, JPMorgan sued for deleting over 47 million emails, French TV confronting John Kerry over the Iraq War Crimes, Fox struggling to defend Trump's leaked audio of his classified documents, and our partner James Li brings a new Beyond The Headlines about the dystopian FedNow Central Payment System.To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/Merch Store: https://shop.breakingpoints.com/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

An op-ed from Bloomberg gives some horrible advice on how to react to a cataclysmic event. Why do we rely on "experts" who are wrong on everything? Pat Gray joins Glenn and Stu to discuss the Federal Reserve's "FedNow" and the newest additions to the FBI's domestic terrorism reference guide, including the term "red-pilled." Good Ranchers founder Ben Spell joins to discuss the possibility of your meat containing the COVID-19 vaccine and what to look for when buying meat. Program director for "The Glenn Beck Program" Dom Theodore joins to discuss how the residents of his county in Michigan are protesting a proposed EV battery plant with ties to the Chinese Communist Party. Recovering investment banker Carol Roth joins to discuss the Federal Reserve attempting to do damage control regarding "FedNow" and the upcoming death of the American dollar.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Pat Gray joins Glenn and Stu to discuss the Federal Reserve's "FedNow" and the newest additions to the FBI's domestic terrorism reference guide, including the term "red-pilled." Program director for "The Glenn Beck Program" Dom Theodore joins to discuss how the residents of his county in Michigan are protesting a proposed EV battery plant with ties to the Chinese Communist Party. Recovering investment banker Carol Roth joins to discuss the Federal Reserve attempting to do damage control regarding "FedNow" and the upcoming death of the American dollar. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dave Ramsey & George Kamel answer your questions and discuss: Why whole life insurance policies suck, from the blog: What Is Whole Life Insurance? Why the new FedNow payments system is a mixed bag, "Should I sell my rental or keep it?" from the blog: How to Earn Passive Income From Real Estate Support Our Sponsor: NetSuite Christian Healthcare Ministries PODS Moving & Storage Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy