Podcast appearances and mentions of jason mikula

Welcome back to the Fintech Takes podcast. I'm Alex Johnson, and as always, I'm joined by my partner-in-crime, Jason Mikula. Today, we're unpacking Klarna's public debut, the growing rift between Mercury and Evolv, and why getting wrecked might just be the best education in lending First up, the BNPL giant Klarna has finally gone public, filing an F1 as a foreign entity. Now as a public company, we'll get to see their actual numbers. With 93M active consumers, Klarna isn't small, but its path to profitability is still a question mark. The key stat? Transaction margins. Klarna's European banking license gives it an advantage in low-interest rate markets, but as it pushes deeper into the U.S., credit losses are an issue. The big question: can Klarna mature fast enough to bring those losses down? Next, we're diving into the fallout between Mercury and Evolv. Mercury has stopped onboarding customers through Evolv and is actively shifting accounts elsewhere—publicly, at that. Meanwhile, Evolv seems caught off guard for Mercury's departure, with mixed signals on whether this was a surprise or a slow-moving train wreck. So, what really happened? And what does it say about the state of fintech-banking relationships?  And finally, is taking a beating the only way to master lending? We think so. The right order? Start with lending, get punched in the face by risk, and then consider a bank charter. Doing it the other way around? Painful. Avoidable. And yet...it keeps happening. Please stop! Newline™ by Fifth Third is an innovative, API-first platform that enables fintechs to launch embedded payment, card and deposit solutions directly with Fifth Third Bank. Visit Newline53.com to see how Newline can elevate your business. The world needs MoR. With Paddle as your Merchant of Record (MoR), the global growth is yours. The risk, compliance and accountability are ours. Simple.Paddle offers all the benefits of an enterprise-grade billing system but with MoR flexibility, MoR control, and MoR focus on your core product. Visit paddle.com to learn more. Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/  And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In the last year I don't think there is any area of fintech that has received more attention than the Banking-as-a-Service (BaaS) space. And it is not just the Synapse debacle, it is all the consent orders that have come out of the bank regulators. We have a banking system that pretty much demands that fintech companies partner with banks and we are still yet to figure out what the optimal business model is here.My next guest on the Fintech One-on-One podcast is Jason Mikula, the publisher of Fintech Business Weekly and the Head of Industry, Strategy, Banking and Fintech at the risk decisioning platform Taktile. He has become one of the leading authorities on BaaS and has recently authored a book on this topic. It is the most comprehensive look at BaaS and the many challenges it has faced and we delve into these challenges in this episode.In this podcast you will learn:How Jason ended up living in the Netherlands.His impetus for starting the Fintech Business Weekly newsletter.What attracted Jason to focus so much on Banking-as-a-Service.Why he decided to write a book on BaaS.How he frames the difference between BaaS and embedded finance.Why fintech companies have been attracted to omnibus or FBO accounts at banks.The interview that Jason did with founder and former CEO of Synapse, Sankaet Pathak.Where we are with the Synapse saga (as of mid-February, 2025).What Jason thinks the likelihood the impacted consumers will get their funds back.Whether we will ever learn what happened to missing 90-odd million dollars.His thoughts on the middleware model that was core to the development of BaaS.How he views the BaaS model evolving long term in the U.S.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Welcome back to the Fintech Takes podcast. I'm Alex Johnson, and as always, I'm joined by my partner-in-crime, Jason Mikula. Today, we're unpacking the chaos around regulatory shifts, fintech's shifting landscape, and the not-so-rosy reality of BNPL. First up, we're diving into the latest news coming from D.C. The Trump administration is considering consolidating bank supervision under the OCC, with reports of employee transfers from the FDIC and CFPB in the works. The possible gutting of agencies and the shifting regulatory approach isn't exactly a surprise, but we're seeing this transition go from theoretical to action. What's at stake for banks and fintechs? Next, we dive into Varo's challenges as the first fintech to snag a de novo bank charter during fintech 1.0's big promises. Once a leader, Varo is now facing financial losses and a shrinking customer base, while rivals like Chime scale quickly. Varo's struggles highlight the tension between building responsible products for underserved communities and navigating complex regulatory oversight. Its de novo charter has tied its hands, making it harder to compete in a fast-moving market where flexibility is key. The January CFPB report on Buy Now Pay Later (BNPL) brings eye-opening insights. Despite its claim to help those without credit, 45% of BNPL loans go to deep subprime borrowers, not credit newbies. The data also shows users stacking loans across providers, with rising credit card default rates. The takeaway: BNPL's shiny promises don't align with its impact. Plus, we're keeping the BNPL convo going with a rapid-fire round of updates. Finally, we wrap up with a few rants you won't want to miss—like the transparency crisis in financial services and crypto. Powell's vague responses to Synapse's failures highlight a deeper issue: accountability. Meanwhile, crypto's obsession with meme coins is sinking to new lows. Where have all serious players gone? We're diving in. 00:04:50 - Washingtonian Recap 00:26:41 - Varo's Charter Conundrum 00:40:59 - BNPL News, Grab Bag Style 01:07:45 - Can't Let It Go Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/  And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode This week, we bring you Part III of exclusive insights from Fintech Xchange '25 at the Stena Center for Financial Technology and the University of Utah, powered by U.S. Bank. Host Jason Henrichs engages in a dynamic discussion with Jason Mikula of Fintech Business Weekly and Chris Black, CEO & President of Thread Bank. Their conversation spans topics from Banking-as-a-Service (BaaS) and regulatory shifts under the new administration to the dual-edged nature of innovation in today's financial landscape. Chris delves into Thread Bank's unique transformation as it evolved from the historic Civis Bank—established in 1906—into a fintech-enabled community bank. In 2021, new leadership recapitalized and revitalized the institution by adopting an industrial approach to BaaS and launching Thread. Thread's goal is to deliver the unparalleled value of a community bank to individuals and businesses, leveraging intuitive technology to meet customers where they are. Maintaining two local branches, Thread is delivering on its mission of embedded banking -- deposits, loans, and payments, and exemplifies the integration of traditional banking services with modern embedded banking solutions. By transcending geographical limitations and focusing on scalable, durable models, Thread collaborates with partners to manage risks and capitalize on the strengths of partnership banking. In the second segment, University of Utah alumnus Rhett Roberts, CEO & Co-founder of LoanPro, joins "the Jasons" to discuss the evolving fintech ecosystem and APIs. Are they coming of age? Naturally they talk about cores, and how banks are in the process of conscious decoupling to build resilient infrastructures in order to weather future disruptions. Rhett shares LoanPro's journey from inception to powering some of the biggest lenders in fintech. LoanPro offers a scalable, API-first lending and credit platform that fosters innovation by streamlining origination, servicing, collections, and payments across various loan types, lines of credit, and credit cards. This narrative underscores the transformative impact of fintech solutions in modernizing financial services. Listen and watch to explore these compelling stories!

Our podcast show today features Jason Mikula, publisher of Fintech Business Weekly; a newsletter going beyond the headlines to analyze the technology, regulatory and business model trends, driving the rapidly evolving financial services ecosystem at the intersection of traditional banking, payments, FinTech and crypto. We discuss his recently released book, titled “Banking as a Service: Opportunities, Challenges, and Risks of New Banking Business Models” (Kogan Page 2024). The publisher describes the book as follows: “This book provides a comprehensive look at banking-as-a-service (BaaS), equipping readers with an understanding of the origins, evolution, future and applications of BaaS and the key differences across global markets.” BaaS is a game changer in the financial services sector, radically transforming both how consumers experience financial products and the business models delivering them. “Banking as a Service” cuts through the hype to provide a measured overview of BaaS, helping readers to demystify a complex evolving field, and understand its key opportunities, challenges, and risks. It provides a framework for understanding where BaaS came from, how BaaS changes the economics and business models of banking products and services, its impact on key stakeholders, and its key regulatory implications. “Banking as a Service” explains how business and operating models work, exploring different models such as interchange, deposit gathering, loan origination-to-distribute, legacy, API-first, own license, match-making and bank service providers, and offers a framework for thinking about whether or not they're sustainable. It explores how BaaS operating and business models compare in different global territories and is supported by real-world examples and cases profiling organizations such as Blue Ridge Bank, Unit, Synapse, Goldman Sachs, Railsr, Starling, Solaris, Cacao Paycard, QNB, OnePipe, Airwallex, Nium and Pomelo. It also explains the differences between BaaS, embedded finance and “open banking.” Alan and Jason discuss the answers to the following questions and topics: 1.              What do we mean when we say "banking as a service"? 2.              What are the different BaaS business models/operating models? 3.              What led to the explosion in banking-as-a-service? 4.              Why have bank/fintech partnerships had a rough go of it lately in the US and is that likely to change with a new administration? 5.              What is (or what should be) regulators' role in supervising non-bank entities in the BaaS value chain (eg, middleware, customer-facing fintechs)? 6.              What is an FBO and are FBOs the "original sin" of banking-as-a-service? 7.              What advice would you give to banks considering getting into the BaaS space? How do you see the market evolving from here - for banks, for technology providers, and for customer-facing companies? 8.              What advice would you give to fintechs that rely on a bank partner or are looking for one? Alan Kaplinsky, Senior Counsel and former chair for 25 years of the Consumer Financial Services Group, hosts the discussion.

Welcome to the first Fintech Recap of 2025. As always, I'm joined by Jason Mikula, publisher of Fintech Business Weekly and author of the shiny new book Banking as a Service (which I'm loving, by the way), as we catch up post-holiday to dive into the fintech buzz. First pit stop: BaaS Island and the CBW Bank saga. This small player with a big history—partnering with pioneers Moven and Ripple—just got slapped with a major $20M penalty from the FDIC. But CBW is fighting back, challenging the FDIC in court. As fintech blurs the line between community banks and fintech giants, can a community bank charter truly handle nationwide payments and high-stakes BaaS?  Next up, get ready for the IPO tidal wave in 2025. It's shaping up to be a big one for fintech, and Chime is at the forefront, gearing up for its big debut. While there's chatter about their customer count—anywhere from 7M to 38M—one thing's undeniable: Chime boasts a solid customer base with impressive direct deposit adoption. Things are about to get interesting. Moving on, Walmart and Branch are in hot water with the CFPB for allegedly opening accounts for Walmart Spark drivers without consent, forcing them to use Branch or risk termination. This raises huge questions about employers embedding financial services in their workers' lives. Not to mention, the urgent need for tighter oversight on employer-sponsored fintech in 2025. Plus, we rant about Vivek Ramaswamy's unhinged tweet blaming the 90s pop culture—like Boy Meets World and Friends reruns—for America's software engineer shortage. Yep, seriously.  It's  Whiplash reruns or nothing for the "Department of Government Efficiency.” Here's looking at you, 2025. 00:04:19 - Return to BaaS Island 00:23:59 - IPO Watch: Chime 00:40:59 - Walmart x Branch 00:56:35 - Can't Let It Go Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/  And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In this week's episode of Fintech Recap, Jason Mikula and Alex Johnson unpack the latest in banking, fintech, and regulation after a trip to the American Fintech Council's policy forum in D.C. With Trump back in the White House, the landscape is shifting again. From open banking to the CFPB's enforcement, we dive into what the next four years could mean for fintech and why regulatory stability might just be the innovation everyone needs. Next, it's back to BaaS Island, where Evolve's promise of clarity on depositors' balances falls flat. Instead of transparency, depositors are left with more questions than answers—and mere pennies on the dollar. Then, we break down the CFPB's finalized Larger Participant Rule, which puts payment giants like Apple Pay and Venmo under new scrutiny. Critics argue the rule misses the real risks, focusing on well-regulated players while leaving smaller, riskier firms untouched. Is this a move to protect consumers or a misplaced flex? Finally, we delve into the unsettling world of crypto with Pump.fun's dystopian meme coin chaos and Mark Andreessen's wild claims about “Elizabeth Warren's” fintech regulation, which sparked outrage across the board.  Tune in for the full breakdown. 00:14:22 - Fintech in the Next Four Years 00:26:04 - Return to BaaS Island 00:42:58 - The CFPB's Larger Participant Rule 00:54:49 - Can't Let It Go Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/  And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

Jason Mikula, publisher of Fintech Business Weekly, talks about the ongoing fallout from the failure of fintech Synapse, and banking regulators' efforts to ensure it can't happen again. Are regulators going too far? Is this the end of banking-as-a-service?

Alex teams up with Jason Mikula, now Head of Industry Strategy for Banking & Fintech at Taktile (ooh la la!) to unpack the latest in fintech. The FDIC has proposed a new rule on custodial deposits—the "Synapse Rule." It requires banks to meticulously track custodial account owners and transactions, aiming for crisis prevention, but does it truly plug the gaps exposed by past failures? Will regulators enforce compliance if the rule passes, especially given Evolve's shaky history? As the Consumer Financial Protection Bureau (CFPB) nears finalizing a personal financial data rights rule, the industry braces for a shift from screen scraping to APIs. But can we trust the big banks to play fair? Plus, don't miss the latest installment in the Visa antitrust suit, and don't be fooled: this isn't just a Visa problem. It turns out notions of good vs. evil in the payments space aren't all that black and white. And to top it off? A rant about the CFPB's consent order against TD Bank, a perfect example of “how not to” furnish credit. Plus, a friendly headline tip for Forbes from Alex! What could it be?  Tune in to find out. Raising the standard of quality for embedded finance infrastructure, Newline™ by Fifth Third is an API platform that enables enterprises to launch and scale payment, card and deposit products directly with Fifth Third Bank.   Learn more at newline53.com 00:03:14 - FDIC's New “Synapse” Rule 00:09:04 - Compliance Conundrums  00:22:13 - Open Banking in the End Zone 00:39:32 - The Visa Antitrust Suit: A “3?-Minute Overview” 00:45:59 - Can't Let It Go Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/  And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode Warning: Extra spice added -- new sauces and participants! The stream of consent orders against banks that offer BaaS continues. Fintech partner banks drew 1/3 of all formal enforcement orders by federal banking agencies in the 4th quarter of 2023, that's quite a bit when you consider that fintech partner banks only account for roughly 3% of all U.S. banks. BaaS is here to stay -- it's a great way for community banks to grow, big banks are already on board and will do more, and entrepreneurs will want to continue to create better banking experiences which means they'll need to partner with banks. Jason Henrichs brings you our latest Hot Takes with regulars Kiah Haslett, Bank Director; Alex Johnson, Fintech Takes; and Jason Mikula, Fintech Business Weekly, as they are joined by Barb MacLean, SVP, Head of Tech Operations & Implementation, Coastal Community Bank and Allen Denson, Partner, Litigation, Morgan, Lewis & Bockius, LLP.  The flaming hot panel discusses why BaaS is facing regulatory headwinds, what banks should do, and how the North Star needs to be a BaaS solution that provides the optimal blend of technology and compliance, all while having some fun. From the stage of FinovateFall we bring you this episode of Breaking Banks. https://youtu.be/Fk01H61HlJc

In this week's episode of Fintech Recap, Alex is joined by Jason Mikula to dive into the latest on fintech. With BaaS Island quiet, the guys head over to BNPL for some fresh juice. First up, Klarna's U.S. launch and its new “Balance” feature — despite the hype, it's not quite banking. In the U.S., “Balance” is more of a wallet within Klarna's app, far from their European banking model. Klarna's shooting for global banking glory, but the fine print reveals a different tale — more shopping convenience than banking breakthrough. Next, they break down Affirm's Q4 earnings. Looks like Affirm isn't just riding the BNPL wave — they're hanging ten. The big question: is success in BNPL about flashy growth or building a resilient model? The answer might surprise you. Plus, they dig into broader fintech shifts: Comune's standout $21.5M raise targeting underserved immigrants alongside Apple's decision to allow third-party access to its NFC chip. Will these moves change the game or just tweak the status quo? Tune in to find out! 00:06:58 Klarna Buzz vs Klarna Reality  00:19:55 Affirm Affirms Steady, Cautious Growth 00:32:54 Niche Neobanks: The Next Big Thing, Again? 00:41:36 Apple “Kinda” Opens Up NFC 00:51:42 Can't Let It Go Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/  And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode We know you've missed it! Back by popular demand, Hot Takes!....this time some different sauces and a take on the FDIC's proposed ruling to roll back how broker deposits are treated. Rolling it back to 1989 (when Taylor Swift was born, as one guest points out) but also to when the original broker deposit rule was written. Hot Takes regulars Kiah Haslett, Alex Johnson, Jason Mikula are back at it with host Jason Henrichs and special guest Alexandra Steinberg Barrage, former FDIC Executive with 10 years of bank regulatory experience who is now with Troutman Pepper's Financial Services Practices. The industry stalwarts share their perspectives and insights on what the change will mean for the business of banking, it's changed through the eras and there are some big implications for the future. Views expressed are those of the individuals and not their respective employers - the lawyer made us add that. Kick back and enjoy this spicy episode! https://youtu.be/yW6m7yCif-A

In this week's episode of Fintech Recap, Alex is joined by Jason Mikula to discuss the latest news and trends in the fintech industry. What if BaaS Island wasn't really an island at all, but the gateway to a multiverse filled by other BaaS Islands? That's right — BaaS Island is fracturing as Jason and Alex venture into the multiverse. What's going on with Mercury and the extended Synapse/Evolve multiverse? Alex and Jason explain the lengths Mercury went to in order to get around compliance requirements. Are we living in the darkest timeline where Synapse might have been the good guy all along? Then, the guys discuss the request for information put out by the Fed, the FDIC, and the OCC regarding bank fintech partnerships. How much did the Synapse and Evolve case influence this list of questions? And what can it do to help address consumer confusion around who or what entities are worthy of trust? Plus, Jason and Alex also chat about the CFPB's proposed interpretive rule around earned wage access and briefly chat about the FDIC's rollback of the 2020 rule on brokered deposits.. And what do the guys refuse to let go of this week? Tune in to find out! 00:03:49 The BaaS Multiverse 00:23:28 Request for Information 00:48:15 CFPB and Earned Wage Access 01:06:35 60 Seconds of Nerd Talk on Brokered Deposits 01:14:07 Can't Let It Go  Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/  And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In this episode, we get an insider look into the financial technology landscape with Jason Mikula. Jason shares his journey, from his unexpected entry into financial services and digital marketing to launching the publication Fintech Business Weekly. He emphasizes the importance of understanding customer acquisition metrics and analyzes the evolution of fintech innovations like online lending, BNPL, Banking as a Service, etc. We delve into the mechanics of Banking as a Service (BaaS) and the complex relationships between fintechs, middleware platforms, and banks. Jason is currently in the middle of reporting on news as it breaks around Synapse, Evolve and several fintechs, as well as the thousands of customers caught in the middle of it. He highlights the regulatory challenges and the balancing act between risk and growth. Our discussion also addresses the current regulatory landscape and the future of partner banking, stressing the need for sustainable and economically sound practices. Tune in for a comprehensive conversation that explores the intricacies of fintech and digital banking services. CHAPTER MARKERS: 00:00 Preview 00:45 Intro 00:58 Sponsor 01:31 Meet Jason Mikula, Analyst and Writer of FinTech Business Weekly 03:23 Jason's Background in Financial Services 04:27 Joining Enova and Learning Subprime Lending 05:22 Marketing Metrics and Customer Acquisition 07:05 Challenges in Digital Financial Services 09:09 The Importance of Digital Marketing in FinTech 14:29 Starting FinTech Business Weekly 17:38 Analyzing the FinTech Landscape 20:10 Insights on BNPL and Market Valuations 23:32 Banking as a Service and Middleware Companies 31:49 Regulatory Challenges and Partner Banking 40:23 Regulatory Priorities and Market Impact 44:46 Systemic Risks and Community Banks 48:53 Conclusion and Final Thoughts

Marty sits down with Jason Mikula to discuss fintech, Synapse, Banking as a Service, and the general state of banking. Jason on Twitter: https://x.com/mikulaja Jason's Substack: https://fintechbusinessweekly.substack.com/ 0:00 - Intro1:42 - Background on the Synapse case12:19 - River & Unchained13:35 - Who is at fault?20:10 - FBO account structure24:36 - Impact on end users30:54 - Gradually, Then Suddenly & Zaprite32:32 - Unclear resolution and stain on fintech41:18 - Can small banks compete?49:46 - SVB and the state of the banking system57:00 - Are we seeing Chokepoint 2.0?1:03:58 - Plugs Shoutout to our sponsors: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠River⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unchained⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Zaprite⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Gradually, Then Suddenly⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TFTC Merch is Available: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Shop Now⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Join the TFTC Movement: Main ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YT Channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Clips ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YT Channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Follow Marty Bent: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠

He's been wise. He's been powerful. But guess what? It's the first episode we can officially call Jason Mikula an author! Jason chats about his new book, “Banking as a Service: Opportunities, Challenges, and Risks of New Banking Business Models” and reveals what you can expect from his debut book, which is currently available for pre-order. If you haven't ordered your copy yet, don't forget to order it here using the promo code “BaaSIsland” for 20% off! And speaking of BaaS Island, beware of where you set sail because the seas are unsafe with pirates roaming the dark waters. With a massive cyber security breach, a brand new consent order, and a middleware platform partner at the bottom of the ocean, is Evolve trying to win an award for the worst bank ever?  The guys also discuss the death of Apple Pay Later, and Apple's announcement that both issuers and Affirm can compete for Buy Now, Pay Later in Apple Pay. What caused the sudden shift in strategy for Apple? Alex and Jason explain how regulatory risk and heightened scrutiny for lending products might have been the catalyst for change. Is Apple Card next on the hit list? And later, they discuss what the overturning of the Chevron Doctrine means for regulators. Plus, Alex just can't let it go that Klarna intends to replace its customer service staff with AI. As if we needed one more automated customer service line that doesn't answer any of our questions…   Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/ Buy His Book (use promo code BaaSIsland for 20% off) here   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode There's more to episode 543 -- Killing It: The Story Behind the Synapse Story -- right here! The Synapse saga continues but we make it easy to stay current and benefit from expert analysis as host Jason Henrichs unpacks the latest news with Jason Mikula, publisher of Fintech Business Weekly. The two are watching the topic closely, offering insight into what it all means, from a Chapter 11 Trustee, to new account and financial resilience concerns, FDIC insurance disclosure, challenges and regulation not to mention potential risks and implications for banking and fintech. A takeaway from it all, the importance of regulation in promoting responsible innovation.

We won't lie— we're exhausted. Are you exhausted from keeping up with one of the most tiring stories in financial services? Jason Mikula certainly is, and he's summoning the strength to join Alex to chat about the current drama between Synapse, Evolve, and Tabapay yet again. Things have devolved on BaaS Island from Lord of the Flies to a straight-up Battle Royale. Can anyone manage to make sense of Synapse's ledger? The guys do their best to tally up all of the financial damage the bankrupt company has caused. But the better question is, will any of its end users see their money back anytime soon?  Then, Jason and Alex get into Visa's latest offering, Visa Flex Credential. Will the new card that flexes between funding sources (credit or debit) lead to new innovations? And what's up with the CFPB's reclassification of Buy Now Pay Later as a credit card? Does this actually change anything, or is it all a bunch of semantics?  Plus, in this week's “Can't Let It Go,” Jason's hung up on Solo Funds, the community finance platform being sued for dark patterns that had some mysteriously deleted tweets, and Alex can't let Revolut's bizarre hostage-like scam prevention photos go.  Yeah, there's a lot to unpack on that last one. Let's get into it.   TruStage Payment Guard Insurance is a first-of-its-kind insurance solution built for digital lenders, designed to help you attract more borrowers, strengthen your loan portfolio and reduce time spent on collections — all with minimal tech lift needed to go live. To learn more about Payment Guard Insurance, visit https://www.trustage.com/payment-guard.   01:23 Synapse vs. the World 27:10 Visa Flex Credential 40:05 Buy Now Pay Later Reclassified as a “Credit Card” 49:25 Can't Let It Go Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson  

The tulips are blooming and the windmills are churning—so where in the world is Jason Mikula this week? Jason calls into the pod live from the beautiful Netherlands to break down the latest in fintech news with Alex.    First on the plate? The final chapter in the Synapse bankruptcy saga. After Synapse sold all of its assets to TabaPay for $9.7 million and settled its dispute with Evolve, it appears all parties are walking intact from the ordeal. What did we learn? And what BaaS drama is coming next?   Uber announced it will be implementing pay-by-bank. Not terribly surprising given large merchants' obsessive focus on reducing payment acceptance costs, but will smaller merchants follow suit? And what do consumers think of pay-by-bank?   Also, pardon our French, but tipping in fintech is complete and utter bullshit. Fintech companies are NOT college students struggling to pay the rent, so why are companies like Dave begging consumers for tips? And how is earned wage access legislation allowing it to be a thing? Alex and Jason go off about tips and discuss the future of EWA.    Plus, Alex and Jason tackle the consent order between the CFPB and BloomTech before diving into this week's “Can't Let It Go” segment (and let's just say that tech needs to grow a tougher shell).    TruStage Payment Guard Insurance is a first-of-its-kind insurance solution built for digital lenders, designed to help you attract more borrowers, strengthen your loan portfolio, and reduce time spent on collections — all with minimal tech lift needed to go live.   To learn more about Payment Guard Insurance, visit https://www.trustage.com/payment-guard.   Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

Another week, another consent order.   Welcome back to BaaS Island, where regulators keep throwing more bodies at the problem, hoping something will work. Fintech Business Weekly's Jason Mikula chats with Alex about the latest consent orders for Piermont and Sutton, as the duo debate whether or not “direct” has lost all meaning. Is it possible to really go “direct” from a fintech company to a bank without middleware? Too much regulatory authority has pushed banks away from doing everything except for technology, so in what form do regulators really want BaaS to survive in this current climate?  Then, the guys debate whether or not 15% of American households actually use Chime. According to Ron Shevlin's latest article for Forbes, Chime is poised to IPO with 38 million customers, on par with the likes of Wells Fargo. Does the math… math? Because the math certainly seems to be generous math… Meanwhile, states want to protect their residents from out-of-state banks charging interest rates above state usury caps. Sure, it sounds like a good thing, but is it actually a good thing for consumers?  And later, Alex and Simon talk about the misuse of the FDIC logo and the uptick in fintech Twitter trolls. Why can't we all just get along?  Or at the very least, why can't we all just say nasty things on Twitter without the protection of an anonymous handle?    01: 45 – BaaS Island 22:15 – Chime 42:27 – Trade Groups vs. Colorado 53:30 – Misusing the FDIC Logo and Debating with Twitter Trolls Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

On this week's episode of Fintech Takes, Alex is joined by international man of mystery and publisher of Fintech Business Weekly, Jason Mikula, along with the Ghost of Fintech Future and cruise director of New York Fintech Week, Jon Zanoff.  First up, the guys discuss the latest in the Capital One/Discover deal and debate the nature of mergers and acquisitions. Are M&As inherently bad for fintech? How do they impact innovation and why are consumers usually the victims of consolidation? They break down the ways that M&As affect the competition cycle and ponder what the Capital One/Discover deal means for the larger credit card industry. Then, the guys take a trip back over to BaaS Island where things have devolved into a “Lord of the Flies” situation. Alex, Jason, and Jon unpack Lineage's latest consent order with the FDIC and discuss why regulators are so obsessed with fast deposit growth. Which leads them to ask the question—exactly what standards should we be measuring BaaS bank size by?  Plus, think your founder is bad? Meet the founder of Zera who raised $2.2 million from investors only to use it on… horseshoes and tropical fish? And later, Alex tries to determine just how much inflation has affected the Tooth Fairy's pricing structure and Jon reveals what he's looking forward to most about New York Fintech Week 2024. And if you haven't already, be sure to sign up for New York Fintech Week 2024 and receive 15% off with Promo Code BAASISLAND.   Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ And for more exclusive insider content, don't forget to check out my YouTube page.   Follow John:  LinkedIn: https://www.linkedin.com/in/jonzanoff/ Website: https://empirestartups.com   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

Elon Musk, owner of ‘X' (or Twitter), has announced plans to turn the social media platform into an app that is the centre of ‘someone's entire financial life”. But while Musk may be one of the original founders of PayPal, there is a lot which needs to be worked out from a compliance perspective when turning a social media site into a financial tool capable of replacing the banking system. In the latest episode of The Laundry – our expert host, Marit Rødevand, is joined by Jason Mikula, Publisher of Fintech Business Weekly to discuss what Elon Musk needs to know about AML and compliance. The pair discuss: how Musk envisions Twitter's move into financial services, the compliance hurdles needed to be jumped to get there, and how easy it is to move from posting to paying. Producer: Matthew Dunne-MilesEngineers: Dominic Delargy, Nicholas Thon____________________________________The Laundry podcast: Dive deep into the intricacies of financial crime, AML (anti-money laundering), compliance, sanctions, and the ever-evolving landscape of financial regulation.Hosted by Marit Rødevand and Fredrik Riiser – this podcast features renowned experts from sectors such as banking, fintech, compliance, and investigative journalism.Together, they shed light on the industry's trending topics, analyse mainstream news through a compliance-focused lens, and connect the fight against financial crime to its real-world consequences and ramifications.The Laundry is proudly produced by Strise, an AML Automation Cloud.Get in touch at: laundry@strise.aiSubscribe to our newsletter, Fresh Laundry, here. Hosted on Acast. See acast.com/privacy for more information.

In This Episode Does BaaS go boom, and other predictions and projections for the year. Listen as host Jason Henrichs connects with hot takers Alex Johnson, Fintech Expert & Workweek Creator and Jason Mikula, Managing Director, Fintech Business Weekly about what they've been seeing and what they hope to see in our industry. For those that like analysis they jump into the current state of BaaS, theories on implications for the rest of the year not to mention any projections they think they might need a mulligan for and which are proving true!

Our expert hosts, David Barton-Grimley and Rachel Pandyan, are joined by some great guests to talk about the most notable fintech, finance and banking news from the past week. From Elon Musk's 'everything app' to the SEC's bitcoin ETF approvals, via Revolut biometrics data lawsuit, it's been quite a week in the world of fintech, and we have you covered with expert reaction, analysis and insight. This week's guests include: Nirav Patel, CEO at Andaria Financial Services Jason Mikula, Founder of Fintech Business Weekly We cover the following stories from the fintech and financial services space: X, formerly Twitter, announce peer-to-peer payments in 2024 (https://www.pymnts.com/mobile-applications/2024/x-to-add-peer-to-peer-payments-in-2024-become-everything-app/) Embedded finance firm Andaria partner with Mastercard (Embedded finance firm Andaria to partner with Mastercard) Revolut face class action lawsuit over biometric data collection (https://www.finextra.com/newsarticle/43508/revolut-faces-us-class-action-suit-over-biometric-data-collection) Barclays and Santander slash rates as UK mortgages get cheaper (https://uk.finance.yahoo.com/news/sub-4-two-fixed-mortgage-113532651.html) The U.S. Securities & Exchange Commission (SEC) approve new bitcoin Exchange-Traded Products (ETFs) (https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023) China's Ant Group eye up $200m acquisition of Dutch fintech MultiSafePay (https://www.finextra.com/newsarticle/43501/ant-group-eyes-up-200-million-acquisition-of-multisafepay) Pothole insurance claims reach record highs (https://www.thisismoney.co.uk/money/cars/article-12942369/Pothole-insurance-claims-soar-40-year-hit-record-high.html) Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Techcrunch, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you're already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guest: Jason Mikula.

Thanksgiving's over and Christmas is almost here… so you know what that means! We're checking our credit account once, checking it twice, and we're gonna find out if Alex can stand to talk about credit building nice. In this week's fintech recap, our favorite breaker of fintech news, Jason Mikula, is back in the studio to break down the important topics in fintech, like whether green bean casserole is gross (it is) and if the entirety of the Twitterverse really needs to weigh in on the Sam Altman situation. Then, Jason and Alex dive into the recent handful of consumer-facing fintechs, like HMBradley, Mint, and Ness, who have shut down or pivoted to infrastructure plays. Is the worst behind, or is there more pain ahead?  And later, credit building can be a predatory business area. So what's the deal with the credit-building app Tomo Boost? Is it a legitimate ploy or an intentional attempt to defraud credit bureaus? Plus, the guys dissect Plaid's recent foray into becoming a consumer reporting agency, the sexual harassment scandal at the FDIC, and the wild NFT party in Hong Kong that we wish we could say shocked us.   00:00:02 - Twitter Erupts Over OpenAI Situation 00:03:09 - Green Bean Casserole: The Worst? Or the Worst? 00:06:43 - Consumer Facing Fintechs: What's Next? 00:14:45 - Partner Banks Pulling Back from Fintech Partnerships 00:24:49 - Exploring the Emerging Landscape of Credit Building in Fintech 00:32:09 - Making Sense of Tomo Boost 00:41:57 - Proposed Lowering of Debit Card Swipe Fees for Covered Institutions 00:46:45 - Plaid Transforms into Consumer Reporting Agency 00:52:26 - Sexual Harassment Scandal at the FDIC 00:55:02 - The Dark Side of NFTs   Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode Want to wow your family over the holidays with your fintech and banking knowledge? We offer a helpful primer for Thanksgiving table conversations as Breaking Banks' Jason Henrichs gathers with industry notables and friends Kiah Haslett, Bank Director; Alex Johnson. Fintech Takes; Jason Mikula, Fintech Business Weekly; and Mary Wisniewski, Cornerstone Advisors to talk banking turkey, give thanks, and share the nerd things they'll be talking about around their dinner tables. Happy Thanksgiving from Breaking Banks!

Live from Money 20/20 in Las Vegas, Alex is joined by co-host Jason Mikula for a special episode of Fintech Recap. They discuss the latest trends and developments in the fintech industry, including compliance and regulation, generative AI, and the impact of government regulations on banking and fintech.   They also share their impressions of the event and highlight key takeaways from Money 20/20. What does the future of AI look like for Fintech? Where is all the crypto? And what did Alex learn from hosting the cannabis banking summit?   Plus, will BaaS ever not be a headache for regulators?   Tune in to get a behind-the-scenes look at one of the biggest fintech conferences of the year!   00:00:00 - Live Recap of Money 20/20 in Las Vegas 00:00:43 - The Rise of Crypto at Money 20/20 00:01:34 - Hot Buzzwords at Money 20/20: Compliance, Regulation, and Generative AI 00:03:05 - Navigating the AI Hype Cycle 00:08:10 - Insights from the Cannabis Banking Summit 00:10:22 - The Influence of Washington on Fintech 00:13:17 - Regulators Face Challenges in Banking 00:15:55 - The Rising Cost of Compliance in Banking as a Service 00:18:48 - Fintech Companies Wary of Open Banking Rules 00:23:28 - Recapping the Fintech Craziness at Money 20/20    Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page. Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson  

Our expert hosts, Ross Gallagher and Rachel Pandyan, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Calypso Harland, founder of Fintech Fringe Jason Mikula, a fintech advisor formerly at Goldman Sachs We cover the following stories from the fintech and financial services space: Goldman Sachs are stepping back from consumer lending amid 33% profit drop (https://readwrite.com/goldman-sachs-reconsiders-its-consumer-lending-strategy/) Galileo and Mastercard expand BNPL offering to SMBs (https://thefintechtimes.com/galileo-expands-mastercard-partnership-with-installments-to-improve-smb-purchasing-and-cash-flow/) Zilch launches Zilch Up to help 'credit invisible' customers (https://www.altfi.com/article/zilch-up-launches-to-help-credit-invisible-customers-build-their-financial-future) The FCA orders Modulr to stop onboarding new clients (https://sifted.eu/articles/fca-customer-onboarding-restrictions-modulr) UnaFinancial and Velexa join forces in the UAE (https://fintech.global/2023/10/13/unafinancial-and-velexa-forge-a-pioneering-partnership-championing-digital-investment-in-the-uae/) Citibank win employment tribunal over an expensed sandwich (https://www.bbc.co.uk/news/business-67121456) Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Techcrunch, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you're already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Calypso Harland and Jason Mikula.

Matthew Goldman (founder of Totavi and author of CardsFTW) joins Alex and Jason to talk through the never-ending challenges of banking-as-a-service, why Evolve hasn't managed to earn itself a consent order yet, and the growing complexity of BaaS thanks to middleware platforms. The trio then talk about the eternal struggle over interchange fees and why most of the rhetoric around the issue is wrong before quickly touching on Varo's new P2P payments feature and Affirm's planned subscription service. Plus, stay tuned as the guys delve into the sad end of the NFT era. Alas, poor Bored Apes, we knew them well! And if you're attending Money 2020, be sure to catch Alex and Jason in person!   00:00:00 - Fintech Recap Returns with Jason Mikula and special guest Matthew Goldman 00:02:50 - The Challenges of Banking-as-a-Service 00:08:55 - Rapid Growth in BaaS 00:18:29 - Visa and Mastercard Increase Interchange Fees 00:22:19 - The Cost of Accepting Payments 00:26:54 - KLM Implements Credit Card Surcharge 00:32:08 - Varro's New Product: P2P Payments 00:37:59 - Affirm Tests Subscription-Based Loan Service 00:43:42 - The Rise and Fall of NFTs   Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page.   Attend Money 2020 here.   Follow Matthew:  LinkedIn: https://www.linkedin.com/in/matthewgoldman/   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson     00:00:00 - Fintech Recap Returns with Jason Micula 00:02:50 - The Challenges of Banking as a Service 00:08:55 - Goldman Evolve's Rapid Program Expansion 00:18:29 - Visa and Mashcard Increase Interchange 00:22:19 - The Cost of Accepting Payments 00:26:54 - KLM Implements Credit Card Surcharge 00:32:08 - Varro's New Product: P2P Payments 00:37:59 - Firm Tests Subscription-Based Loan Service 00:43:42 - The Rise and Fall of NFTs   Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page.   Attend Money 2020 here.   Follow Matthew:  LinkedIn: https://www.linkedin.com/in/matthewgoldman/   Follow Jason: Newsletter: https://fintechbusinessweekly.substack.com/ LinkedIn: https://www.linkedin.com/in/jasonmikula/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson   All rights reserved. Crowe LLP, a member of Crowe Global, a Swiss verein. For more information, please visit www.crowe.com/fintech

Technology has reshaped everything about banking, including one of its most basic products: deposits. In this episode, we discuss how Banking as a Service and fintechs have reshaped the landscape for consumer deposits, the regulatory response, and what this means for the risk profile of banks. Joining us are Kiah Lau Haslett, Banking and Fintech Editor at Bank Director, Alex Johnson, Founder of Fintech Takes, Jason Mikula, Publisher of Fintech Business Weekly, and Brian Tate. President and CEO of the Innovative Payments Association. This podcast was recorded on September 26, 2023. Things may have changed by the time you hear it.

September is gone, and it's time for some "News From The FinTech Front" hosted by Don Ginsel into the latest FinTech developments: Apple Wallet UK has introduced the feature to display current account balances; JPMorgan Chase is escalating its competition with Square and PayPal by offering online payroll services; Chase UK has implemented a policy to block cryptocurrency transactions; in the US, the very awaited 1033 Ruling now ensures consumers have easier access to their personal financial information - where are we at? The episode featured the opinions of guests Jason Mikula, live from Amsterdam, and Mary Wisniewski in Los Angeles, on route to Money2020 US in Las Vegas, where Amy Zirkle, Senior Program Manager at the Consumer Financial Protection Bureau will be present! ‌ Connect with our guests: Mary Wisniewski - Editor at Large, Cornerstone Advisorshttps://www.linkedin.com/in/mary-wisniewski-3a7578b/ Mary Wisniewski (@MaryMWisniewski) / X ‌ Jason Mikula - Fintech consultant & Publisher, Fintech Business Weeklyhttps://www.linkedin.com/in/jasonmikula/ Fintech Business Weekly | Jason Mikula | Substack

Was Zelle a stupid way of introducing real-time payments? Is OpenAI's CEO going all in on making Minority Report a reality? And has Alex secretly been a Swifty this whole time? On this month's Fintech Recap, Alex and cohost Jason Mikula, dissect the right way to add monetization and value to real-time money movements and debate if Zelle missed a valuable opportunity to drive revenue. Should instantaneous money movement be a basic human right?  Then, the guys discuss the battle of credit card interchange fees, debit card processing for marijuana dispensaries, and Sam Altman's vaguely dystopian vision of the future. Do we really need crypto incentives for a retinal-based global form of identification to separate us from artificial intelligence when we're living off universal basic income? Can we just agree we're not there yet, Sam?  And stay tuned for this week's “Can't Let it Go” segment!   Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   Follow Jason: Substack: https://substack.com/profile/4867166-jason-mikula Twitter: https://twitter.com/mikulaja?s=20 LinkedIn: linkedin.com/in/jasonmikula   Follow Alex:  LinkedIn: linkedin.com/in/alexhjohnson Twitter: twitter.com/AlexH_Johnson

Our favorite fintech obsessive is back from parental leave, and he's ready to tackle all of the latest fintech news you might have missed from the last couple of weeks with fellow obsessive and fintech newsletter writer, Jason Mikula. Alex and Jason break down the latest announcement from Goldman that they're in talks to offload their partnership with Apple to American Express. What's the reasoning for this abrupt reversal in an otherwise successful launch of the Apple Savings Feature? And is it the final straw in the unraveling of Goldman's consumer ambitions, or is Apple just a hard partner to work with? Then, Alex and Jason cover the surging interest in data fraud consortiums, the leaky funnel surrounding middleware BaaS platforms, and one of the worst FDIC false claims situations Jason has ever seen. Plus, is crypto finally cannibalizing itself with the latest launch of Justice tokens? Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ Follow Jason:Newsletter: https://fintechbusinessweekly.substack.com/LinkedIn: https://www.linkedin.com/in/jasonmikula/ Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_Johnson

Our expert hosts, Kate Moody and David Barton-Grimley, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: Goldman is looking for a way out of its partnership with Apple - 4:35 Visa $1 billion buyout of Brazil's Pismo eases fintech M&A slowdown - 14:35 UK banks warned against closing accounts - 26:35 Open Banking education a must in Canada as only 9% have heard of it - 36:50 Taylor Swift fans caused 45% surge in UOB card applications across Southeast Asia - 47:50 Office plant potted 14 years ago is now a 600ft monster that covers ceiling and walls - 50:00 This week's guests include: Bruno Diniz, Managing Director, Spiralem Jason Mikula, Publisher, Fintech Business Weekly Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Bruno DIniz and Jason Mikula.

The banking industry is undergoing a transformation as changing customer expectations and disruption from non-traditional financial players force traditional banks to rethink their value propositions. One growing business model is banking as a service (BaaS) — a partnership in which banks and credit unions leverage their charters to enable non-banking institutions to offer financial services directly to their customers. According to recent studies, BaaS is expected to reach $7 trillion in value by 2030. I am excited to have Jason Mikula, one of the foremost authorities on the banking and fintech marketplace on the Banking Transformed podcast. We discuss how banks can unlock new business opportunities and add value and why BaaS has the potential to transform financial services. This episode of Banking Transformed is sponsored by Microsoft: See how Microsoft can help to unlock new opportunities at speed through innovative business models, deliver differentiated customer experiences across channels, products and services, and redefine new ways of working. More at Microsoft.com/financialservices

Our expert hosts, Kate Moody and Benjamin Ensor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: QED closes on $925M to back fintech startups globally - 5:10 UK banks shortchanging savers with ‘measly' rates, says Which? - 17:10 Klarna's losses halve as Swedish fintech predicts return to profit - 30:00 Plenty's new wealth-building app targets couples blending finances - 39:45 Property fintech LendInvest sells £243m buy-to-let mortgage portfolio following financing deals - 49:50 HSBC opts for Innovation in rebranding of Silicon Valley Bank UK - 51:30 Amazon ditches Alexa's celebrity voices and will issue refunds upon request - 53:30 This week's guests include: Jason Mikula, Publisher, Fintech Business Weekly Mike Carter, Head of Platform Lending, Innovate Finance With soundclips from: Emily Luk, CEO, Plenty This episode is sponsored by Thredd Global Processing Services (GPS), the payments platform trusted by the leading issuers to process billions of transactions a year, has changed their name to Thredd. Why Thredd? Thredd, because their tailored payment processing solutions are the thread that connects payments innovators of the future. Thredd, because they are true partners, becoming part of the fabric of your business as it grows. And Thredd because it just feels right. Find out more at Thredd.com. (https://www.thredd.com/?utm_source=newsletter&utm_medium=email&utm_campaign=bitesize+thredd&utm_id=11fs) Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Send us your questions for the Fintech Insider Mailbag here (https://11fscompany.typeform.com/to/kBMan5qL?typeform-source=t.co) Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Emily Luk, Jason Mikula, and Mike Carter.

In his Travillian Next debut, Dimitris Malisianos, Principal, Banking & Fintech Search, engages with two recognized influencers and advocates of payments, innovation, and fintech: Jason Mikula, Publisher of Fintech Business Weekly and Managing Director of 312 Global Strategies BV and Panagiotis Kriaris, Commercial Director, and Head of Business Development at Unzer. Their discussion focuses primarily on cross-border payments, which are essential in international trade, investments, and remittance. Although there are advancements being made, the pace of progress varies depending on the country. Additionally, further challenges arise around regulation, risk management, fees, currency fluctuations, and processing time. Kriaris and Mikula also discuss Central Bank Digital Currencies (CBDCs) and how they may change the traditional way of banking to better enable real-time transactions worldwide, eliminating delays, fees and intermediate banks involved.

Fintech Business Weekly publisher Jason Mikula joins Alex to discuss the latest news in fintech and banking. In this week's episode, they dissect Apple's high-yield savings account, discuss how the Netherland-based neobank Bunq will do in the U.S., and name their big takeaways are from Plaid's newly launched real-time payment capability. And Jason brags about windmills. Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ Follow Jason:Substack: https://substack.com/profile/4867166-jason-mikulaTwitter: https://twitter.com/mikulaja?s=20LinkedIn: linkedin.com/in/jasonmikula Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_Johnson

In today's episode, Andrew Janssens hosts Alex Johnson, the creator of the Fintech Takes newsletter. Alex has been bringing thoughtful takes and commentary on all topics Fintech for many years, and has most recently been working at FICO, the credit scoring company, and Cornerstone Advisors. Alex publishes Fintech Takes, one of the leading newsletters in Fintech, twice a week, and regularly teams up with Jason Mikula (and others) on the monthly "Fintech Recap" podcast. In this episode we cover a whole host of topics, including: • The growth of the Fintech Takes newsletter • Alex's creative process, and how he dives into new topics • A fintech 2023 rapid fire • How VCs can actually help to promote diversity And much, much more! For more FinTech insights, follow us below: WFT Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech WFT Instagram: instagram.com/whartonfintech Andrew's Twitter: twitter.com/Adhjanssens Andrew's LinkedIn: linkedin.com/in/andrew-p-janssens/

Our expert host, Ross Gallagher, is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: Crowdcube and Octopus Investments are opening up retail investments in a new partnership - 5:20 Apple Pay Later is finally launching - 16:35 Investing app Acorns acquires kid-focused fintech GoHenry to expand in Europe - 28:50 The Meltdown of a Gay Bank: What went wrong when an LGBTQ+ start-up set out to disrupt finance - 41:15 Twitter changes logo to Dogecoin cryptocurrency image in apparent late April fool's day gag - 43:00 This week's guests include: Jason Mikula, Publisher, Fintech Business Weekly Jonathan Keeling, Chief Growth Officer, Crowdcube Polly Jean Harrison, Features Editor, The Fintech Times With soundclips from: Louise Hill, Co-founder & Chief Operating Officer, GoHenry This episode is sponsored by Global Processing Services At Global Processing Services – the expert partner in issuer processing – they take your security seriously. Their game-changing Fraud Advantage tool, powered by Featurespace, assesses fraud risks in milliseconds and uses AI and machine learning, to constantly adapt to stay ahead of emerging fraud threats. With their array of available fraud solutions at your fingertips, you can feel secure with GPS as your payment processing partner. Find out more at www.globalprocessing.com/fraudmanagement This episode is sponsored by Blinkist The Blinkist app offers distilled audio content from over 5000 non-fiction books and podcasts, to get bitesized insights in just 15 minutes, across 27 different categories. Go to Blinkist.com/fintech to start your 7-day free trial and get 25% off of a Blinkist Premium membership. And now for a limited time you can even use Blinkist Connect to share your premium account with a friend or partner and get 2 premium subscriptions for the price of one. " Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Send us your questions for the Fintech Insider Mailbag here (https://11fscompany.typeform.com/to/kBMan5qL?typeform-source=t.co) Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Jason Mikula, Jonathan Keeling, Louise Hill, and Polly Jean Harrison.

Join Alex and co-host Jason Mikula at the Fintech Meetup conference, live from Vegas.They get into conversation with a very special guest, Jon Lear, the President and Co-founder of Fintech Meetup about issues surrounding trust in large financial institutions, the latest news on SVB, and the evolution of BaaS in Europe.Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/Follow Jon:LinkedIn: linkedin.com/in/jonlear/Twitter: https://twitter.com/jonlearFollow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_JohnsonFollow Jason: LinkedIn: linkedin.com/in/jasonmikulaTwitter: https://twitter.com/mikulaja

Reggie Young and Matt Janiga interview Alex Johnson, creator of the newsletter Fintech Takes, and Jason Mikula, writer of Fintech Business Weekly. Alex and Jason talk about CFPB regulations, fintech competition, and customer choice.

Take a look back at all the big developments in fintech over February, from BNPL to crypto to outright ponzi schemes!Alex is joined by Jason Mikula, writer of the Fintech Business Weekly newsletter. They take a deep dive into Affirm's horrific quarter, the state of Apple's BNPL offering, and the latest round of enforcement activity in crypto.Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_JohnsonFollow Jason: LinkedIn: linkedin.com/in/jasonmikulaTwitter: https://twitter.com/mikulaja

Kicking off season 2 Alex and co-host Jason Mikula get straight into the Fintech news making waves.From Revolut's latest super-premium offer, what's really behind Capital One's layoffs, and why Robinhood is basically a drunk college kid.All the fintech news and searing analysis from two of the sharpest minds in the business.Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_JohnsonFollow Jason:LinkedIn: https://www.linkedin.com/in/jasonmikula/Twitter: https://twitter.com/mikulajaTimestamps:00:00 Intro01:33 The Revolut Rollout03:33 But What's The Point?06:50 The Non-Reality Playbook09:35 Throwing Spaghetti At The Wall15:48 Meet The Chief Sleuthing Officer17:59 Chime's Thoughtful Growth Strategy24:08 The Pro Innovation Approach26:40 An Outrageously Popular Newsletter34:19 Robinhood As A College Kid

Our expert host, Nicole Perry, is joined by some great guests to discuss the potential of social media networks becoming banks. At the end of 2022, Elon Musk held a meeting with Twitter employees laying out plans to turn the social network into a bank - complete with a high-yield money market account, debit cards, checks, and loans. Musk is not the first social media mogul to see the power of combining banking and social networks – but, to date, that melding of likes and filters with APIs and KYC has proved difficult in many markets. So how have these two worlds collided so far, what is stopping social media banks from happening, and what could happen in the future? This week's guests include: Ross Gallagher, Manager, 11:FS Jason Mikula, Publisher, Fintech Business Weekly Nik Milanović, Editor, This Week in Fintech This episode is sponsored by Amplitude In today's volatile market, financial services companies that want to thrive must prioritize customer loyalty and engagement. Amplitude, the number one self-service digital analytics platform, helps teams identify key drivers of retention and opportunities for improvement. With Amplitude's insights, you can build your product to increase transactions, retain customers, and grow loyalty. To succeed in today's market, visit Amplitude.com. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Send us your questions for the Fintech Insider Mailbag here (https://11fscompany.typeform.com/to/kBMan5qL?typeform-source=t.co) Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Jason Mikula and Nik Milanović.

Jason Mikula started his weekly newsletter, Fintech Business Weekly, as a pandemic project. Today, the financial technology publication is one of the better-known reads in the industry.  Mikula talks with David about his predictions for the future of finance – including thoughts on NFTs, crypto and where these elements of Web3 fit into the financial industry. Banking as a Service is also discussed in addition to fintech's potential to support financial health among consumers. Mikula also speaks to his time in the Peace Corps and how he moved from working in digital marketing to the financial industry.

On today's episode, we turn our attention to fintech regulation. Jason Mikula, publisher of Fintech Business Weekly and managing director at 312 Global Strategies BV, a consulting firm focused on financial services product strategy, talks about the challenges banking as a service (BaaS) providers and their partners face as regulators pay more attention to banks' relationships with third parties. We also ask Mikula to take the role of "Pretend CCO" at a fintech company as he lays out his top priorities for 2023 given potentially new regulatory scrutiny. Listen to the discussion with our host Rob Rubin.   Articles mentioned in this episode: https://www.insiderintelligence.com/content/the-bank-in-2025     For sponsorship opportunities contact us: advertising@insiderintelligence.com For more information visit: https://www.insiderintelligence.com/contact/advertise/ Have questions or just want to say hi? Drop us a line at podcast@emarketer.com    © 2022 Insider Intelligence  Wells Fargo is a leading financial services company that proudly serves one in three U.S. households and more than 10% of small businesses in the U.S. Wells Fargo is proud to provide a diversified set of banking, investment and mortgage products and services. News, insights, and perspectives from Wells Fargo can be found on stories.wf.com.  

Punchy is a production of Rival, a marketing innovation consultancy that develops strategies and capabilities that help businesses grow faster. Punchy is hosted by Eric Fulwiler, who's often joined by his Rival Co-Founders Jenna Cummings and DuBose Cole. Find Rival online at www.wearerival.com, LinkedIn, Twitter. Watch the video version of this Podcast on YouTube.Find Eric on LinkedIn and tweet him @efulwiler. Find Jenna on LinkedIn.Find DuBose on LinkedIn.Say hi at media@wearerival.com, we'd love to hear from you.

The party goes on....or does it? Are we back to normal before things went crazy? Jason kicks this episode off with a conversation with Jason Mikula, Fintech Business Weekly. They dive into one of JH's favorite topics....interchange! Listen as The Jasons discuss payments, rewards, mobile wallets and the rise of commerce players (Walmart and Amazon) becoming more fintech focused with what they do. Then JP connects with Nick Chandi, CEO and Co-Founder, Forward AI created to solve SMB cash flow problems. It's difficult for small businesses to share their accounting data with banks and other financial players to speed access to secure financing. Forward AI's API enables SMBs to connect in an easy way to share data and bridges a gap for financial institutions, lenders and other fintechs to help SMBs stay financially healthy. https://www.youtube.com/watch?v=Y3K__IiPhHI

Our expert host, Benjamin Ensor, is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Alex Zivoder, CEO, GoHenry Jason Mikula, Publisher, Fintech Business Weekly Gaia Lamperti, Producer, Bloomberg With sound clips from: Luigi Pace, Director of Marketing and Innovation, Compass We cover the following stories from the fintech and financial services space: Apple teams up with Goldman Sachs on high-yield savings accounts - 5:33 GoHenry, the fintech for under-18s, raises $55m after passing 2m users - 18:15 Mastercard will help banks offer cryptocurrency trading - 30:45 Italy's Mediobanca acquires fintechs to drive BNPL growth - 41:00 Digital bank Bunq wins case against Dutch Central Bank over artificial intelligence use - 50:30 Revolut expands accommodation booking service to rival Airbnb - 52:10 Ed Westwick teams up with Shares to champion new era of social investing -53:20 This episode is sponsored by Tink Open banking can pave the way for faster and more responsible lending practices, that are robust on risk and financially inclusive. As the leading open banking platform, Tink is powering banks and fintechs to transform lending. To find out more, and read Tink's new Lending Unlocked report, go to tink.com/11fs. This episode is sponsored by LinkedIn As you gear up for Autumn, you need the right people on your team to help your small business fire on all cylinders. LinkedIn Jobs is here to make it easier. Tap into the world's largest professional network with over 30 million people in the UK. Create a job post in minutes, and spread the word so your network can help you find the right people to hire. Just add the purple #Hiring frame to your LinkedIn profile. Simple tools, like screening questions, make it easy to find candidates with just the right skills and experience. It's why small businesses rate LinkedIn Jobs #1 in delivering quality hires vs leading competitors. LinkedIn Jobs helps you find the candidates you want to talk to, faster. And, you can post a job for free. Just visit Linkedin.com/FINTECH (https://business.linkedin.com/talent-solutions/cx/21/01/jobs-single-cta-11-podcast-uk?src=re-pod&trk=fintech&veh=fintech&mcid=6963291076820369422). Terms and conditions apply. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Alex Zivoder, Gaia Lamperti, Jason Mikula, and Luigi Pace.

In this look back over October's Fintech news, find out why Money Lion fell foul of regulators, and major takeaways from the CFPB's Buy Now, Pay Later report.Alex is joined by Jason Mikula, writer of the Fintech Business Weekly newsletter. They get into Money Lion's lawsuit woes, why the simplicity of Buy Now models is a strength, and take a deeper dive into Walmart's checking account offer.Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_JohnsonFollow Jason: LinkedIn: linkedin.com/in/jasonmikulaTwitter: https://twitter.com/mikulaja

This week, Eoin and Pete riff on crypto asset service provider regulation through the lens of Revolut, the trifecta of crypto market failures in Voyager, Celsius and Terra, how Walmart's metaverse play with Roblox feels like the right platform vs. Decentraland or Sandbox, credit as a service player Noble coming out of stealth mode, and Goldman Sachs' next move into retail fintech with mobile network operator T-Mobile. This episode of MoneyNeverSleeps is sponsored by SecuriCentrix. SecuriCentrix is a trusted cyber security company with offices in Dublin, Cape Town and London. SecuriCentrix provides expert advisory services, primarily in the finance and fintech industries, with tailored security solutions to fit your specific needs and regulatory challenges. STORIES COVERED: Revolut wins FCA approval for crypto service (Finextra, 27-Sep-22) Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried's FTX for $1.4 billion (CNBC, 27-Sep-22) Alex Mashinsky resigns as head of Celsius Network (FT, 27-Sep-22) South Korea seeks to freeze $62 million of bitcoin linked to crypto founder Do Kwon as manhunt continues (CNBC, 28-Sep-22) Walmart Dives Into Metaverse With Launches in Roblox (CoinDesk, 26-Sep-22) Noble emerges from stealth to help companies extend lines of credit to their customers (TechCrunch, 21-Sep-22) Goldman Sachs Strikes Credit Card Deal With T-Mobile After Apple and GM (20-Sep-22, Bloomberg) Where Does T-Mobile Fit in Goldman's Consumer Strategy? (Jason Mikula, Fintech Business Weekly, 25-Sep-22) LINKS: Leave a review on Apple Podcasts | Podchaser Subscribe on Apple Podcasts | Spotify | Google | Overcast Check out our MoneyNeverSleeps website Follow MoneyNeverSleeps on Twitter Follow Eoin Fitzgerald on Twitter Follow Pete Townsend on Twitter Get in touch at info@moneyneversleeps.ie

This week, Eoin and Pete riff on crypto asset service provider regulation through the lens of Revolut, the trifecta of crypto market failures in Voyager, Celsius and Terra, how Walmart's metaverse play with Roblox feels like the right platform vs. Decentraland or Sandbox, credit as a service player Noble coming out of stealth mode, and Goldman Sachs' next move into retail fintech with mobile network operator T-Mobile. This episode of MoneyNeverSleeps is sponsored by SecuriCentrix. SecuriCentrix is a trusted cyber security company with offices in Dublin, Cape Town and London. SecuriCentrix provides expert advisory services, primarily in the finance and fintech industries, with tailored security solutions to fit your specific needs and regulatory challenges. STORIES COVERED: Revolut wins FCA approval for crypto service (Finextra, 27-Sep-22) Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried's FTX for $1.4 billion (CNBC, 27-Sep-22) Alex Mashinsky resigns as head of Celsius Network (FT, 27-Sep-22) South Korea seeks to freeze $62 million of bitcoin linked to crypto founder Do Kwon as manhunt continues (CNBC, 28-Sep-22) Walmart Dives Into Metaverse With Launches in Roblox Noble emerges from stealth to help companies extend lines of credit to their customers (TechCrunch, 21-Sep-22) Goldman Sachs Strikes Credit Card Deal With T-Mobile After Apple and GM (20-Sep-22, Bloomberg) Where Does T-Mobile Fit in Goldman's Consumer Strategy? (Jason Mikula, Fintech Business Weekly, 25-Sep-22) LINKS: Leave a review and subscribe on Podchaser | Apple Podcasts | Spotify | Google | Overcast Check out our MoneyNeverSleeps website Follow MoneyNeverSleeps on Twitter Follow Eoin Fitzgerald on Twitter Follow Pete Townsend on Twitter Get in touch at info@moneyneversleeps.ie --- Support this podcast: https://anchor.fm/moneyneversleeps/support

Our expert hosts, Kate Moody and Nicole, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Jason Mikula, Publisher, Fintech Business Weekly Ariba Shahid, Contributor, DealStreetAsia With soundclips from: Douglas Soltys, Editor, Betakit We cover the following stories from the fintech and financial services space: Sequoia backs fintech Dbank in maiden Pakistan investment - 3:50 LendUp enters liquidation - 14:40 JPMorgan Is building a giant travel agency - 27:30 Portage Ventures rolls out new late-stage fintech fund - 38:30 Virgin Money launching buy now, pay later products despite criticism - 49:16 US-based fintech Umba buys majority stake in Kenya's Daraja microfinance bank - 51:45 Get up to $500 for your bad pandemic impulse buys at this pop-up store - 53:20 Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Ariba Shahid, Douglas Soltys, and Jason Mikula.

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to your daily FinTech news! NEWS HIGHLIGHT Marqeta and Plaid are teaming up! This is a sign that fintech is maturing. Marqeta and Plaid are making it easier for consumers to authenticate bank accounts and move funds between them, the first official product partnership between two fintech trailblazers that already share some business customers. Link here. #layoffs Varo Bank's Layoffs extended their runway by just nine days. Varo, the first US neobank to win a de novo charter, has laid off about 10% of its staff in a bid to extend its runway. As first reported by Jason Mikula in his Fintech Business Weekly newsletter, the fledgling bank was on track to run out of cash by the end of this year, based on its net loss and equity capital reported in its first quarter call report. Link here. #partnerships Barcelona-based community fintech 11Onze teamed up with Tuio, to offer a unique market proposal – 11Onze Segurs. It's a tech-driven, agile, transparent, affordable home insurance service for its members. The home insurance policy is between 15 and 20% cheaper than the average policy on the market. It offers a monthly subscription of as little as 5 euros per month. Link here. #inclusion UK HSBC is set to stop collecting data on the gender of customers of some of its products in order to be more inclusive towards non-binary and trans people. References to gender have been removed from, among other offerings, the HSBC Kinetic app-based business banking account. Link here. This ends Your Daily Fintech News.

Join us for a special episode of Fintech Brews & News, where our hosts Trent Sorbe and Nikkee Rhody chat with Jason Mikula, Founder and Publisher of Fintech Business Weekly and Alex Johnson, Founder of Fintech Takes. The group discusses all the latest happenings in fintech including the current and future state of B-a-a-S, crypto, and the entire fintech and payments ecosystem. This is a must listen for anyone curious in learning what's up in fintech!    Show Notes:  Jason Mikula LinkedIn - https://www.linkedin.com/in/jasonmikula/ Alex Johnson LinkedIn - https://www.linkedin.com/in/alexhjohnson/ Fintech Takes Website - https://workweek.com/brand/fintech-takes/ Fintech Business Weekly - https://fintechbusinessweekly.substack.com/

Our expert host, David M. Brear is joined by some great guests to break down what lessons the burgeoning crypto industry could take from traditional finance. We want to get into the weeds and look at: product, UX, design, biz ops and much more alongside very special guests in the space to argue both sides of the debate. Are there crossovers? Could trad finance also learn from crypto? Where can they both do better? Let's find out! This week's guests include: Jason Mikula, Founder and publisher, Fintech Business Weekly Louisa Murray, Chief Operating Officer, UK & Europe, Railsr David Birch, author, advisor and investor in digital financial services Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Dave Birch, Jason Mikula, and Louisa Murray.

This episode was made possible by our friends at Neuro-ID! They've just released a new report on fraud rings. It's an important read! Check it out and learn more in general at neuro-id.com/ffs This week's guestS are Jason Mikula (Fintech Business Weekly) and Alex Johnson (Fintech Takes). They're both out here leading thoughts in the world of fintech. Helpful links: https://newsletter.fintechtakes.com/ (Fintech Takes) https://fintechbusinessweekly.substack.com/ (Fintech Business Weekly ) https://www.neuro-id.com/ffs (Neuro-ID Fraud Ring Report ) https://my.captivate.fm/forfintechsake.com (Subscribe to For Fintech's Sake here. )

Our expert hosts, Benjamin Ensor and Gwera Kiwana, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Julia Ménayas, Co-founder, Helios Jason Mikula, Publisher, Fintech Business Weekly With soundclips from: Mauricio Magaldi, Crypto, 11:FS Abubakar Idris, Africa Reporter, Rest of World Philip Haglund, CEO, Gimi We cover the following stories from the fintech and financial services space: Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin - 3:17 French sustainable neobank Helios picks up €9m for its fintech for good to protect the planet - 15:30 Revolut suspends refugee referral payouts after users game the system - 29:30 Plaid co-founder's next venture is a bank to power fintech apps - 37:15 Flutterwave CEO addresses alleged misconduct claims in email to employees - 49:30 Swedish children's financial literacy app Gimi teams up with ABN AMRO - 52:50 Spanish football fans thank cup-winning manager via his banking app - 54:40 This episode is sponsored by Alto IRA Did you know the majority of people are investing in cryptocurrency through a taxable account, when they could be using an IRA and avoiding or deferring the taxes? With an Alto CryptoIRA, you can invest in crypto without tax headaches. Create a free account in minutes. Choose from over 150 coins, and invest with as little as $10. No setup charges and no account fees. To open an Alto CryptoIRA with as little as $10, just go to www.altoira.com/insider This episode is sponsored by TrueLayer Let's face it, cards were not designed for online. Payments can take days to settle, hurting customer loyalty. While high fraud, clunky checkouts and expensive fees mean millions in missed revenue. At TrueLayer, we've made instant payments available for businesses across Europe and the UK. So you can cut costs, fight fraud and get money moving fast. To learn more visit: www.TrueLayer.com/payments Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Abubakar Idris, Jason Mikula, Julia Ménayas, Mauricio Magaldi, and Philip Haglund.

Jason Mikula is on the podcast this month! Having spent more than decade building and scaling consumer finance businesses — including Enova, LendUp and Goldman Sachs — Jason is now the publisher of the Fintech Business Weekly newsletter and an advisor for early stage startups. In this episode, Jason shares the FinTech trends he believes are overhyped, and argues that creditors and lenders aren't paying enough attention to the rapidly changing payments universe. He offers his perspective on cryptocurrency and the US regulatory environment, and he, Craig and Josh discuss measures lenders can take as the credit card market becomes increasingly saturated. Plus, Jason talks about living in Amsterdam; Craig and Josh quiz him on Dutch trivia; and Craig is particularly disappointed to find out Jason doesn't own a single pair of wooden clogs. — For questions or to suggest an episode topic, please email ExtraCredit@transunion.com. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

A deep dive into BNPL, without the hype, with Jason Mikula. Jason Mikula is the publisher of Fintech Business Weekly, a newsletter going beyond the headlines on trends and stories in banking, fintech, and crypto. He also advises and consults for and invests in early-stage startups. Previously, he spent over a decade building and scaling consumer finance businesses, including at Enova, LendUp, and Goldman Sachs. Listen to The Fintech Files your favourite podcast app or watch on YouTube. USEFUL LINKS Jason has written extensively on BNPL and some of the leaders in the field: Klarna, Affirm in this newsletter Fintech Business Weekly https://twitter.com/mikulaja TIMESTAMPS 00:26 Jason's background in customer lending 03:01 BNPL a new UX on an old product? 07:55 The attractiveness of BNPL for merchants 12:23 The value of BNPL data 17:51 A better BNPL - assessing affordability 21:49 BNPL Valuations 24:52 Dealing with hype as an investor 26:59 Alternative career path 27:35 How do you invest personally WATCH CLIPS FROM THIS INTERVIEW ►TikTok ►Instagram CONNECT ►Twitter ►Substack ►Linkedin #BNPL #ConsumerLending

Nearly everything in a physical wallet can be put into a digital wallet. For a long time, the one exception was your driver's license, but that may soon change.   Apple has struck deals with a number of states to put licenses into iPhones. In this episode, Jason Mikula, the publisher of Fintech Business Weekly, talks about what he found when he reviewed the deals and how they look nearly identical from state to state and give Apple much of the control over the programs. The company has said on its iOS 15 Web site that it will launch a driver's license or ID feature in 2022.   We discuss the pros and cons of digital driver's licenses and of private companies getting into what was once purely a government domain.   You can find Jason on Twitter at @mikulaja and subscribe to his newsletter at: Fintech Business Weekly | Jason Mikula | Substack.   

From payments and embedded finance to wealthtech and crypto, there is never a dull moment in the land of fintech. And there is no sign that the activity is waning. According to CB Insights, Q2 FinTech startups picked up $30.8B, growing 30% quarter-to-quarter. Year-to-date funding exceeded 2020's total by 24%. Southeast Asia and Latin America, in particular, have seen great momentum in recent months. In this episode of One Vision, Theo and Bradley chat with Jason Mikula on the wild wild west of fintech, what it feels like to live in the Netherlands, and the latest with his brilliant Fintech Business Weekly substack newsletter.

From payments and embedded finance to wealthtech and crypto, there is never a dull moment in the land of fintech. And there is no sign that the activity is waning. According to CB Insights, Q2 FinTech startups picked up $30.8B, growing 30% quarter-to-quarter. Year-to-date funding exceeded 2020's total by 24%. Southeast Asia and Latin America, in particular, have seen great momentum in recent months. In this episode of One Vision, Theo and Bradley chat with Jason Mikula on the wild wild west of fintech, what it feels like to live in the Netherlands, and the latest with his brilliant Fintech Business Weekly substack newsletter. See acast.com/privacy for privacy and opt-out information.

From payments and embedded finance to wealthtech and crypto, there is never a dull moment in the land of fintech. And there is no sign that the activity is waning. According to CB Insights, Q2 FinTech startups picked up $30.8B, growing 30% quarter-to-quarter. Year-to-date funding exceeded 2020's total by 24%. Southeast Asia and Latin America, in particular, have seen great momentum in recent months. In this episode of One Vision, Theo and Bradley chat with Jason Mikula on the wild wild west of fintech, what it feels like to live in the Netherlands, and the latest with his brilliant Fintech Business Weekly substack newsletter. See acast.com/privacy for privacy and opt-out information.

If you have any U.S. currency in your wallet right now, there's a good chance that you have the signature of today's guest in the lower left corner of the bills. In the first segment, JP hosts Rosie Rios who was the 43rd Treasurer of the United States, serving during the darkest days of the financial crisis. They talk about “Unicorn Hunters”, her business reality show that is on a mission to democratize access to wealth and why visibility and value are the keys to making this happen. After the break, Jason Mikula joins me from his fintech perch in Amsterdam to talk about fees, the future of fintech business models and my dim future in rapping.This episode is also brought to you by FintechDevcon. In the fintech world, developers often feel overlooked. With hundreds of conferences in the fintech space, there's never been a place dedicated to the brilliant minds building fintech. That is, until now, Fintech Devcon, the first-ever fintech conference for developers, by developers. Join renowned developers from companies like CashApp, Plaid, VISA, Dwolla, Chime, and more in Denver, Colorado, September 8th & 9th. Attendees will experience hands-on workshops, hear technical talks, and actually get to rub elbows with the best and brightest fintech developers. That's Fintech Devcon. Tickets go on sale June 30th. Discounts available for students and pre-series A startups. Visit fintechdevcon.io for more information. https://youtu.be/-gXgh7VRd2g