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This is a very interesting talk about capitalism and its evolution from Adam Smith to Milton Friedman to what he terms “patriotic capitalism”. ROY'S BIO Roy Swan leads the Ford Foundation's Mission Investments team, investing $1 billion of the endowment in opportunities that generate financial and social returns in the United States and the Global South. Roy also oversees Ford's program-related investments and its impact investing grants program, dedicated to expanding and strengthening the impact investing field. Previously, Roy served as managing director and co-head of Global Sustainable Finance at Morgan Stanley, which committed over $13 billion in community development transactions and also served as president and chief operating officer of Morgan Stanley Trust, and as CEO of Morgan Stanley Impact SBIC. Before Morgan Stanley, Roy was the founding chief investment officer of New York City's Upper Manhattan Empowerment Zone (UMEZ), a federal initiative designed to bring new resources to distressed urban communities that played a key role in Harlem's economic rebirth. He also served as CFO at Carver Bancorp, a Harlem-based publicly traded financial institution and the nation's largest African-American managed bank. Earlier in his career, Roy worked at Skadden Arps, First Boston, JPMorgan, and Time Warner. He serves on the boards of Dalton School, Parnassus Funds and Varo Money. Roy holds a bachelors from Princeton and a J.D. from Stanford Law School, where he was an editor of the Stanford Law Review. “In order to have a healthy economy, you need to mind all stakeholders” “Social responsibility is a misnomer, it's [paradoxically] culture-driven value creation corporate self-interest” ROY RELATED LINKS Ford Foundation Princeton's Thrive Forbes Finance Council Pensions & Investments OpEd Discussing ESG on CNBC GENERAL INFO| TOP OF THE GAME: Official website: https://topofthegame-thepod.com/ RSS Feed: https://feed.podbean.com/topofthegame-thepod/feed.xml Hosting service show website: https://topofthegame-thepod.podbean.com/ Javier's LinkTree: https://linktr.ee/javiersaade & Bio: https://tinyurl.com/36ufz6cs SUPPORT & CONNECT: LinkedIn: https://www.linkedin.com/showcase/96934564 Facebook: https://www.facebook.com/profile.php?id=61551086203755 Twitter: https://twitter.com/TOPOFGAMEpod Subscribe on Podbean: https://www.podbean.com/site/podcatcher/index/blog/vLKLE1SKjf6G Email us: info@topofthegame-thepod.com THANK YOU FOR LISTENING – AVAILABLE ON ALL MAJOR PLATFORMS
Are you ready to dive into the future of privacy, AI, and data risk management?We have Russell Sherman CTO and co-founder of VISO TRUST, an AI-powered solution for third-party risk management. We discuss:Why AI is more than just a buzzword and why Privacy Pros need to adopt and adapt to stay ahead of the game How to leverage AI in third-party risk management to stay competitive The secrets to successfully transition into Privacy and specialise in AI If you want to be ahead of the curve and dominate in this space, this episode is a must listen.Russell Sherman is the CTO and co-founder of VISO TRUST, an AI-powered SaaS solution that scales and automates third-party risk management. He is an accomplished technology executive, security leader, and security product innovator, previously working at highly regulated technology companies, including ASAPP, Varo Money, LendingClub and Dell SecureWorks, with extensive experience in third-party cyber.If you're ready to transform your career and become the go-to GDPR expert, get your copy of 'The Easy Peasy Guide to GDPR' here: https://www.bestgdprbook.com/Follow Jamal on LinkedIn: https://www.linkedin.com/in/kmjahmed/Follow Russ on LinkedIn: https://www.linkedin.com/in/neverenoughinfo/Get Exclusive Insights, Secret Expert Tips & Actionable Resources For A Thriving Privacy Career That We Only Share With Email Subscribers► https://newsletter.privacypros.academy/sign-upSubscribe to the Privacy Pros Academy YouTube Channel► https://www.youtube.com/c/PrivacyProsJoin the Privacy Pros Academy Private Facebook Group for:Free LIVE TrainingFree Easy Peasy Data Privacy GuidesData Protection Updates and so much moreApply to join here whilst it's still free: https://www.facebook.com/groups/privacypro
➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory ➡️ About The Guest Spencer Rascoff is an entrepreneur who co-founded Zillow, Hotwire, and dot.LA, Pacaso, Recon Food, Queue, and Supernova, and who served as Zillow's CEO for a decade. Spencer is an active angel investor and is starting new companies through his Los Angeles startup studio “75 & Sunny.” Spencer is co-chair of Supernova, a family of Special Purpose Acquisition Companies (SPACs) which have raised over $1 billion in capital. He is also on the Board of Directors of Varo Money. In spring 2022, Spencer was a Visiting Professor. He taught Harvard College's first-ever startup class “Startups from Ideation to Exit,” and in the Fall of 2019, co-created and co-taught the Harvard Business School course, “Managing Tech Ventures. Spencer is the host of "Office Hours,” a podcast featuring candid conversations between prominent executives on leadership, diversity and inclusion, and startups. Sophia Rascoff is co-founder and CEO of Recon Food, the vertical social media app where people can reconnect over a shared love of food. Sophia is a student at Harvard-Westlake School in Los Angeles, where she is a leader in the entrepreneurship and creative problem-solving organization; a leader in the Latin American/Hispanic Student Organization; a recipient of the presidential volunteer service award. ➡️ Show Links https://www.instagram.com/spencerrascoff/ https://twitter.com/spencerrascoff/ https://www.instagram.com/spencerrascoff/ https://twitter.com/sophiarascoff/ ➡️ Podcast Sponsors HUBSPOT - https://hubspot.com/ ➡️ Talking Points 00:00 - Intro 04:16 - Sophia Rascoff's origin story 07:45 - Spencer Rascoff's origin story & his starting a company with his daughter 11:23 - Starting up a social media app 13:52 - Vertical-driven social media 20:23 - Some ways of growing and building up a community 23:06 - Turning a community into a successful business model 25:24 - What are the benefits and drawbacks of working in a family? 30:16 - Managing her studies and her business at the same time 33:16 - Sophia's future education plans & Spencer's thoughts on them 36:17 - Learning to code at such a young age & Sophia's role at the company 38:49 - The most important traits to be a successful entrepreneur 41:37 - How did the Rascoffs find the founder-product fit? 45:28 - How did Sophia accomplish all that she did at a young age and how did social media affect it? 54:16 - Where can people connect with Sophia Rascoff and Spencer Rascoff? 55:08 - The biggest challenges faced by Spencer and Sophia Rascoff 57:08 - The most impactful person in Sophia's and Spencer's lives 59:44 - Sophia and Spencer's book or podcast recommendations 1:01:04 - What would Spencer and Sophia tell their younger selves? 1:02:47 - What does success mean to Sophia and Spencer Rascoff? Learn more about your ad choices. Visit podcastchoices.com/adchoices
Several prominent fintechs, including Square, Varo Money, Lending Club and SoFi, have either chartered or bought banks recently. Kevin Wack, an award-winning reporter for American Banker, breaks down the different ways fintechs are trying to get into banking, how successful they are likely to be and why many bankers are so angry about it.
Daniel Hooper is currently the CISO at Varo Money, one of the leading mobile first digital banks in the US. Prior to Varo, Daniel was the CISO at PIMCO, the global investment firm with nearly $2trillion USD in assets under management. Daniel and I connected via LinkedIn following a viral post of his regarding how CISO's should respond to the questions, "Are we good?" & "Are we secure?" These all too common questions highlight the need for CISO's to translate the complex technological problems they face into meaningful talking points to explore with their business peers. On the show, Daniel and I dig into his suggestions for responding to these questions as well as: What did Daniel need to work on most during his first CISO jobs? How does Daniel go out of his way to continually understand his business peers and his clients? What's the worst piece of security advice he's ever gotten? Get in touch with the show: Website: businessofcyber.com LinkedIn: Joe Vinck & Business of Cyber Twitter: @joey_vinck
All links and images for this episode can be found on CISO Series (https://cisoseries.com/tell-me-were-secure-so-i-can-go-back-to-ignoring-security/) I don't know anything about our state of security. I don't want to know either. But I do want to know you know about security and there's nothing I have to worry about. You can do that, right? This episode is hosted by me, David Spark (@dspark), producer of CISO Series and founder of Spark Media Solutions and Mike Johnson. Our guest this week is Dan Walsh, CISO, Rally Health. Thanks to our sponsor, Capsule8. Capsule8 is defining modern enterprise protection by providing detection and response for Linux infrastructure in any environment. Capsule8 provides host-based detection and investigatory data for incident response with on-going support. Unlike anyone else, Capsule8 mitigates the financial, scalability and reliability limitations of protecting your Linux infrastructure. On this week's episode Why is everybody talking about this now How do you respond to "Are we secure?" It's a loaded question that we've addressed previously. Daniel Hooper, CISO, Varo Money brought up this topic again that caused a flurry of discussion on LinkedIn. In the past Mike has mentioned that he talks about the state of his security program and where it's heading. The core of this question is anxiety about something a non-security person doesn't understand. How does a security leader break down this question into small parts, and what question should a CEO be asking if not "Are we secure?" There’s got to be a better way to handle this The engineering team at Rally Health is around 800 and our guest Dan has a security team of 30+ of which only 5 of them are application security people. Those five are definitely going to need some help if they're going to have an impact on how secure the applications are. I ask Dan Walsh what he's doing with the engineers that's turning them into application security force multipliers. What's Worse?! How damaging is a bad reputation? What do you think of this vendor marketing tactic? CISOs have ways to retalilate against aggressive sales tactics. George Finney, CISO at Southern Methodist University told a story on LinkedIn about an unsolicited sales invite that was sent to 65 people at his school. He blocked the email. He asked the community if that was too harsh. Similarly Steve Zalewski, deputy CISO of Levi's said if he sees aggressive tactics by a company, the security team has the ability to block the whole domain from their servers. Are these tactics too harsh? Have Mike and our guest taken similar tactics, and/or is there something else they do in response to extremely aggressive sales tactics? If you haven’t made this mistake, you’re not in security How prepared do you need to handle your next cyber job? A question was asked on reddit from someone who wasn't sure they should take a job because they didn't have all the skills to do the job. Most people just said, "Do it." How would Mike and our guest answer this question as an employee and a manager. What level of unpreparedness for a job is acceptable and possibly even exciting? Could too much result in imposter syndrome?
Until recently, fintech firms have usually partnered with traditional banks to provide banking services as opposed to going through the lengthy and costly process of getting their own bank charters. Breaking away from that model, Varo Money became the first challenger bank to receive a national bank charter. The national charter from the Office of the Comptroller of the Currency (OCC) was the first ever granted to a fintech company, allowing Varo to offer credit cards, make loans and generate insured deposits nationally. We caught up with Colin Walsh, founder and CEO of Varo Money, Inc., Varo, which began offering mobile-only banking services in 2015. Walsh discusses why Varo pursued a national charter, the benefits of being a mobile-only bank, and how to gain scale in an industry that already has too many players.
In this episode of The Challengers, Josh Liggett and Zack Miller explore what Varo Money getting a national charter might mean for the firm and for the challenger banking industry. We compare Monzo, which recently warned about its survivability, and Starling, which said it expects to break even in 2020 and reach profitability in 2021. Lastly, your hosts discuss the new players in the challenger banking space: Kabbage and Intuit. Both launched accounts recently for SMBs. Before we jump into the podcast, I wanted to introduce you to Outlier, Tearsheet’s leading membership program. It’s designed for top fintech and financial service professionals to stay on top daily of the biggest trends, the top companies, and the leaders of this next generation of finance. Get industry briefings by experts like the ones we’re doing this January on best practices in PR and customer acquisition. Find out more at Tearsheet.co/outlier
Under the leadership of Brian Brooks, the Acting Comptroller of the OCC, there is new energy. We spoke to Mr. Brooks about the approval of Varo Money's national bank charter, the OCC announcement on crypto assets, and his plans to help banks create more financial inclusion. Guest: Brian Brooks, Acting Comptroller of the Currency, OCCHosts: Sanjib Kalita, Editor-in-Chief, Money20/20Rachel Morrissey, Content Producer, Money20/20Producers: Roland Bodenham, Senior Video Editor, AscentialRachel Morrissey, Content Producer, Money20/20Sanjib Kalita, Editor-in-Chief, Money20/20
Ross Gallagher and Simon Taylor 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: Philippa Girling, Chief Risk Officer, Varo Money Emily Nicolle, Technology Editor, CityAM We cover the following stories from the fintech and financial services space: Varo Money granted national bank charter - 02:32 Google to offer co-branded accounts with eight US banks - and we spoke to Shayan Khwaja, Head of Partnerships Program at BBVA US, one of the brands partnering with Google - 15:32 Monzo announces concerns over its future with its annual report while Starling's paints a more positive picture - 30:02 HSBC profits plunge 96% as loan-loss provisions jump on coronavirus - 40:00 Apple Buys Startup to Turn iPhones Into Payment Terminals - 48:14 Wirecard processed payments for mafia-linked casino 01:01:05 Don't forget to check out our brand new research report identifying exactly how Banking as a Service is deconstructing the banking stack. It's enabling brands to embed finance more easily, and to tailor financial products to specific customer needs. This is presenting new opportunities for specialised providers and offers banks extra revenue streams. Download our report for a comprehensive, no BS view of what Banking as a Service is and what it means for the industry. Head to bit.ly/bankingasaservice (https://11fs.com/insights-banking-as-a-service) Listeners, we meed you! If you listen to the show, whether this is your first episode, your 451st episode, or you dip in and out, we’d love it if you could take a few minutes to give us your feedback and suggestions to help shape the future of the show! Visit bit.ly/FintechInsiderSurvey (https://share.hsforms.com/1PIvSZW3CSR-C7kKOCeLSQA31dzw) and fill out the short survey. It shouldn’t take more than 5 mins to complete but it would mean so much to us. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates and Sarah Kocianski and joined by 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: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com! Special Guests: Emily Nicolle, Philippa Girling, and Shayan Khwaja.
(1) FCC approves Amazon’s $10B Project Kuiper broadband-internet satellites (0:36). (2) Google invests $450M in ADT to integrate Nest into security offerings (5:11). (3) Varo Money’s banking charter opens door for fintechs (10:05). Read this 3 Shifts Edition: https://6pag.es/kgswh. Sign up to receive free summaries of our deeply researched briefs: 6Pages.com.
Varo Money officially announced today it is shedding the “banking startup” title, as the company has finally received its banking charter after a three-year journey. Whether more fintechs will follow suit remains to be seen. “A banking charter comes with capital requirements and regulatory oversight that will not be appealing to all fintechs,” said Julie Hill, a professor at the University of Alabama School of Law who focuses on banking and commercial law. Startups Remitly and TransferWise, meanwhile, scored big funding rounds and boosted their valuations. Find this and more in today’s edition of The Weekly Wrap, featuring JJ Hornblass, Bianca Chan, Rick Morgan and Patrick Kandianis, CEO and co-founder of Quatromoney, for the week ending July 31, 2020.
Earlier this year, when the FDIC approved fintech start-up Varo Money’s application to become a national bank, Thibault Fulconis’s latest CFO career chapter suddenly appeared to make perfect sense. Still, it was only two years ago that Fulconis’s entry into the land of fintech start-ups no doubt raised a few eyebrows among his former colleagues at BancWest Corp., where he most recently served as vice chairman and COO. “I was coming from a position where I had about 3,000 direct reports when I was COO to an entity where I had three people reporting to me,” says Fulconis, whose banking resume, rich with senior leadership roles, spans nearly 30 years with roots inside BancWest’s parent company, BNP Paribas. While certainly not the first banker to find a door-of-entry into the realm of fintech start-ups, Fulconis, in light of the FDIC’s recent approval, became the first CFO of a fintech start-up that is able to hold customer deposits—much the same as in the world he left behind. Until recently, fintech firms have partnered with community banks to actually hold customers’ money, while start-ups like Varo have traditionally handled only the consumer interface and mobile app technology portion. Who better than a seasoned banking leader to help architect a finance function capable of responding to the breadth of consumer activities on a national scale? “When I arrived at Varo, we were at version 76 of our financial model. Now, a year and a half later, we are at version 180,” says Fulconis, who routinely expresses his fondness for Varo’s nimbleness. –Jack Sweeney
Everyone in this modern day and age want to improve their financial life. This is specifically what Varo Money is advocating. Today, Dr. Diane Hamilton talks to Colin Walsh, the company’s CEO and Cofounder, about its goal to become the first mobile-centric national bank in US history. Colin talks about their business model and explains how Varo Money makes each transaction more flawless and convenient by creating innovative solutions around credit. Be informed about the future of banking and see what Colin and his company can offer you and your financial needs!   Love the show? Subscribe, rate, review, and share!Here’s How »Join the Take The Lead community today:DrDianeHamilton.comDr. Diane Hamilton FacebookDr. Diane Hamilton TwitterDr. Diane Hamilton LinkedInDr. Diane Hamilton YouTubeDr. Diane Hamilton Instagram
Colin Walsh is the CEO and co-founder of Varo Money, which is on track to become the first mobile-centric national bank in U.S. history. Colin founded Varo with a specific vision: to help millions of people improve their financial lives. Colin is uniquely positioned to lead the mobile bank revolution and has more than 25 years of experience in consumer banking at large global financial institutions. He led Europe’s largest credit and charge card business as an Executive Vice President at American Express. Colin also led the UK’s largest mortgage and savings businesses at Lloyds Banking Group, and served as Managing Director for the firm’s retail bancassurance, credit, debit and merchant acquiring businesses. Under Colin’s leadership and with an experienced team, Varo is building the best banking company in the country for consumers looking to build their financial health. The team recently launched No Fee Overdraft, the first-ever service of its kind to remove fees on overdrafts.
BREAKING BANKS - EPISODE 332: Navigating the crisis In this week’s special edition we get up close with the CEOs of Varo and Moven on the collaboration. Then Greg Palmer and Brett King interview ex White House staffer Adrienne Harris on what life is like in the West Wing during a crisis like COVID-19. TOPICS DISCUSSED: [2:15] Marek Forysiak addresses Moven’s decision to start focusing exclusively on enterprise. [4:05] Colin Walsh started Varo with the belief that Americans need a better bank. [12:25] Adrienne Harris shares her views on how the fintech industry will perform during the economic downturn. [17:10] Greg Palmer looks to fintechs to prove that they can walk the walk and put customer needs first during and after the COVID-19 crisis. [18:30] How can fintechs help deliver money more quickly to those who need it most? [20:00] We need cleaner, better data. [26:05] Brett King speaks to Greg Palmer about what the fintech community is doing to help out during the COVID-19 pandemic. [29:50] Adrienne Harris describes what it’s like in the White House in the times of disaster. [35:00] How much of the government response is a pre-planned workflow versus in the moment? [36:35] We discover Greg Palmer was a part of the Model UN in high school. [41:55] Adrienne Harris talks about the work she’s currently doing. [44:55] How did the 2008 crisis compare us for the COVID-19 crisis? GUESTS: Adrienne Harris Colin Walsh Marek Forysiak RESOURCES MENTIONED: Varo- https://www.varomoney.com/ Moven- movenenterprise.com Obama Administration Gates Foundation- www.gatesfoundation.org Breaking Banks is the #1 global fintech radio show and podcast, created by Brett King. Tune in for a look at how technology and customer behavior will bring about more changes in banking in the next 10 years, than in the last 200 years. Listen every Thursday at 3pm eastern time, noon pacific on the VoiceAmerica Business Channel. Subscribe at Provoke.fm to hear the show nearly 2 million listeners from 72 countries are raving about. FULL SHOW TRANSCRIPTION Brett King: (00:04)Welcome to Breaking Banks. Now, this is a special edition of Breaking Banks. Coming up in the show we have Adrienne Harris, who as many of you guys will know, was an adviser to the Obama administration, a special advisor to the President on banking. And we’re going to get into how she would be responding to the coronavirus crisis, if she was still in the White House today, and how they would go about gaming that and dealing with that crisis. It’s a really interesting discussion coming up. Brett King: (00:34)But before that, I wanted to bring a couple of friends onto the show. As you guys have seen, we’ve had some changes in with the Moven team as well. So we’ve got Marek Forysiak joining us, who’s the CEO of Moven. Marek, welcome back to the show. Marek Forysiak: (00:48)Thanks, Brett. Thanks for having me on. Brett King: (00:49)And also Colin Walsh from Varo Money. Colin, welcome to Breaking Banks. Colin Walsh: (00:54)Thanks, Brett. Great to be on the show. Brett King: (00:57)Now let’s start off with Marek. If we can get you to jump in, first of all, is give us a bit of context of how the coronavirus situation affected the decision strategically in Moven, in terms of our recent pivot to enterprise and why that eventuated in this partnership with Varo Money. Marek Forysiak: (01:18)Sure. Thanks, Brett. Coronavirus and COVID-19, that really wasn’t the determining factor for us when we made our decision late last year to shift our emphasis exclusively towards enterprise. That business for Moven, which began back in 2016 has continuously grown. Recently, Moven signed a multi-year, multi-country deal with Saudi Telecom to further expand upon that business. So the momentum on enterprise has been consistent over the past several years. Marek Forysiak: (01:59)What COVID-19 did as we were ...
In today's episode, we bring you an interview with Wesley Wright, COO at Varo Money. Joining Sam Maule remotely, the pair kick things off with the story of how Varo Money came to be and how they aim to improve financial health and financial inclusion. Having now been approved for FDIC insurance, we hear about the process with regulators, why they decided to apply when other fintechs haven't, and what this means for the future of Varo Money and their ambitions. With our current environment, Sam and Wesley also touch on how to staying focused during a time of crisis, solving critical problems and the importance of listening to your customers at times of uncertainty. Tune in for industry insights, a wealth of experience and much much more! This podcast is brought to you by Mitek (https://www.miteksystems.com/). Smart, automated and fast. Mitek (https://www.miteksystems.com/) helps you reduce fraud, create trust, and offer your customers the experience they value. Hundreds of AI-based analytics and face comparison algorithms work together to verify a user is truly the owner of their ID document in order to enable secure customer acquisition, fast money movement and prevent account takeover fraud. Document verification and facial biometrics work hand-in-hand to verify identities of users to provide them with a secure and convenient onboarding process. Love fintech? Then sign up for our newsletter, Fintech in Five. A snack-sized selection of the week's biggest stories, longer reads, soundbites and more. Just visit this link to sign up! 11fs.com/newsletter Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates, Leda Glyptis and Sarah Kocianski and joined by 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: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com! Special Guest: Wesley Wright.
Your hosts Simon Taylor and Adam Davis 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: Matt Collinge, Chief Technology Officer of Curve Alexandra Frean, Head of Corporate Affairs at Starling Bank Ali Paterson, Editor in Chief at Fintech Finance We cover the following stories from the fintech and financial services space: N26 to close all UK accounts (01:44) Starling Bank nabs £60 million in additional funding (12:17) Revolut rolls out Open Banking feature (22:56) Visa to make biggest interchange adjustment in decades (29:40) Varo Money receives FDIC approval (35:00) Chinese investment in Silicon Valley slows (41:29) Credit Suisse boss removed after spying scandal (44:19) This podcast is brought to you by Stake, the digital brokerage app bringing you unrivalled access to the US market. Invest in over 3,500 US stocks and ETFs, including game-changing companies like Google, Amazon and Tesla. Trading is instant, direct and commission-free, and with a fully digitised sign-up, you’ll be in the market in minutes. Visit hellostake.com (https://hellostake.com/) or search ‘Stake Trade’ to seize the US market’s 31 trillion dollars-worth of opportunity today. Love fintech? Then sign up for our newsletter, Fintech in Five. A snack-sized selection of the week's biggest stories, longer reads, soundbites and more. Just visit this link to sign up! 11fs.com/newsletter Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates, Leda Glyptis and Sarah Kocianski and joined by 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: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com! Special Guests: Alexandra Frean, Ali Paterson, and Matt Collinge.
Considering that smartphone apps are just a dozen years old, the technology has exploded far beyond anything Steve Jobs might've imagined when he unveiled the first iPhone. Now in 2019, the reality of mobile-centric banking has arrived, with Varo Money already delighting customers to the tune of 13,000-plus five star reviews on the App Store and Google Play. Colin Walsh, Varo's CEO and co-founder, describes the journey from blueprint to charter, and how Varo hopes to help millions of customers improve their financial lives.
Colin had a huge career in finance (GE Capital, Amex and Wells Fargo). He got the experience, identified the problem, and started Varo to re-invent the model. Also, banking in the US vs UK.
In our latest podcast, Peter Jankovsky (WG'20) is joined by Colin Walsh, the CEO and Co-Founder of Varo Money. Varo Money is on track to become the first mobile-centric national bank in US history after gaining approval for a national bank charter. We previously spoke with Colin in the early days of Varo's launch and are excited to welcome him back to the podcast to share his experience in the market. In this extensive interview, Colin shares: * His unique founding story and the value proposition behind Varo * The rationale for Varo's decision to pursue a national bank charter * His vision for what's next for Varo - including both product and geographic expansion * Challenges that Varo has overcome since launching in the market * Advice for entrepreneurs seeking funding * His views on the competitive landscape for consumer banking in the US Prior to starting Varo, Colin spent over 25 years working in consumer banking at global financial institutions. He was previously an EVP at American Express, leading Europe's largest credit and charge card business, and an MD at Lloyd's, leading the UK's largest mortgage and savings businesses. Feedback? Questions? Send us a note at whartonfintech@gmail.com
Jeffrey Greger, UX Researcher at banking startup Varo Money, has a background in both design and anthropology with a BA in Industrial Design and recently completing an MA in Applied Anthropology at San Jose State University. His thesis research explored the challenges, opportunities, and ethical issues design professionals encounter when developing banking services with low-income communities in the San Francisco Bay Area and around the world. As a graduate student, he also partnered with anthropologists at the Nissan Research Center to explore the effects autonomous vehicles could have on urban streetscapes and equitable community building in San Jose. Before moving into research, Jeff built everything from Bluetooth speakers to medical devices as an industrial and UX designer with a handful of Silicon Valley consultancies. In today's episode we talk to Jeff about his experience going through an applied anthropology program coming from an industrial design background; his graduate thesis on observing design and research practices; hybridity of design & anthropology practices and how he sees it impacting theory and practice; using design as a research tool – prototyping and co-design as forms of research; positionality; the tensions between design and anthropology particularly around the concept of intervention; lastly he shares his advice for others transitioning into the applied anthropology space. Mentioned in Podcast: M.A. Applied Anthropology program, San Jose State Dr. Melissa Cefkin, Centre for Automotive Research Nissan Ethnobreakfast, a Bay Area professional group that hosts monthly breakfasts to discuss issues pertinent to ethnographers in industry Ethnoborrel, networking group in The Netherlands for professional ethnographers Society for Applied Anthropology Society for Economic Anthropology Fair Money, research collective Anthrodesign listserv Jeff's work: Doing Good is Hard: Ethics, Activism, and Social Impact Design as Seen from the Grassroots Perspective Design Portfolio Social media and other links: https://www.linkedin.com/in/jeffreygreger/ https://twitter.com/jeff_greger
Considering that smartphone apps are just a dozen years old, the technology has exploded far beyond anything Steve Jobs might've imagined when he unveiled the first iPhone. Now in 2019, the reality of mobile-centric banking has arrived, with Varo Money already delighting customers to the tune of 13,000-plus five star reviews on the App Store and Google Play. Colin Walsh, Varo's CEO and co-founder, describes the journey from blueprint to charter, and how Varo hopes to help millions of customers improve their financial lives.
Varo Money might become the first challenger bank to get a national bank charter. CEO and co-founder Colin Walsh explains his company’s mission and how becoming a bank might help.
The US could be one of the most lucrative markets for digital banks, but few new entrants have launched there. Why? How ripe is the opportunity, really? Monzo, N26 and Revolut have all stated intentions to launch in the US, though none have yet navigated the regulatory requirements. Colin Walsh is the CEO and co-founder of Varo Money, which is on track to become the first mobile-centric national bank in U.S. history. Prior to founding Varo, Colin spent 25 years in consumer banking at American Express, Lloyds Banking Group and Wells Fargo. How successful will digital banking startups be in US? Let us know on Twitter @rebankpodcast. If you like today's episode, please take 30 seconds to rate us on iTunes and share it with a friend. Thank you very much for joining us today. Please welcome, Colin Walsh.
Heidrick & Struggles' Liz Simpson talks to Colin Walsh, CEO and founder of Varo Money. Walsh explains how banking has become ripe for disruption and the role technology has been playing to transform the sector. He discusses both his journey as a leader and the skills he has been seeking in his team to thrive through change. See acast.com/privacy for privacy and opt-out information.
On today's episode, Dayne talks about setting up your personal finances so that you can automatically save, invest, and have money each month to spend on the things you enjoy. This is by far the easiest way I’ve found to manage my personal finances with little to no effort while eliminating the need for spreadsheets and boring penny pinching methods. Tools Mentioned Acorns: https://acorns.com/invite/32SX5P Mint: https://www.mint.com/ Wealthfront: https://www.wealthfront.com/ Varo Money: https://www.varomoney.com/
Are you stressed out about money? On a given Sunday night, do you dread going into the work the next day? If you are, you are not alone. A recent study created by mobile-banking company Varo Money reported that out of 1000 Americans polled, “a whopping 85 percent say they "sometimes" feel stressed about money, and a full 30 percent say they're "constantly" stressed about their finances.” That is really amazing! What can you do about this? How about generating some additional income through a lifestyle business online? It is May Day, and in a celebration of capitalism, I am thrilled to have Kevin Geary as my guest today for a second time on Small Scale Life. This time, Kevin Geary and I discuss how to start a lifestyle business that allows you to put some of that stress at ease by earning extra income while charting your own destiny from almost anywhere on this planet. Kevin has started various online businesses over the years, and he has learned some critical techniques to target your niche audience and ultimately sell more of your products and/or services. For more information, links and the show notes, please see Small Scale Life (http://smallscalelife.com) Kevin Geary can be found at Six Figure Grind (https://sixfiguregrind.com/) and Rebooted Body (http://https://rebootedbody.com/) If you would like to join the Make It Stick Master Class and support Small Scale Life, please use the following link: https://academy.rebootedbody.com/makeitstick/?affiliate=smallscalelife (https://academy.rebootedbody.com/makeitstick/?affiliate=smallscalelife)
In this Topical Zoom episode, I speak with John Vars, who is currently the Chief Product Officer at Varo Money about listening to customers, soft skills and the pursuit of growth that many startups are on to. Who is John Vars? John Vars is the Chief Product Officer at Varo Money, an all-in-one mobile banking […]The post DYT 094 : Customers, Soft Skills & Pursuit of Growth | John Vars appeared first on .
In this Topical Zoom episode, I speak with John Vars, who is currently the Chief Product Officer at Varo Money about his journey from an Engineer to Entrepreneur of a Pets Social Network. He talks about his experience starting Dogster and the lessons he learnt. Who is John Vars? John Vars is the Chief Product […]The post DYT 093 : Engineer to Entrepreneur of Pets Social Network | John Vars appeared first on .