In this episode:
David and Simon are joined by the FT Alphaville's Kadhim Shubber, Fidor's Sophie Guibaud and Pete Townsend of Norio Ventures to discuss the top news stories of the last week.
First up we discuss THAT Apple launch, how Apple's P2P capabilities are a little underwhelming, how Venmo's attempt to fight back against Apple Pay involves a very ugly debit card, and sticking with the theme we discuss Zelle's P2P mobile payments app that recently launched and what it means when banks club together to innovate.
They also discuss whether fintech really is the fastest growing industry in the US, what it means for Jamie Dimon to slam bitcoin, is he just wrong or is it a distraction to cover up something else?
Finally, they take on Monzo letting their customers decide fees for using ATMs abroad, whether 30% of bank jobs will be gone in 5 years as the CEO of Pandit claimed, and ANZ's restructuring to create 150 "startups", it sounds like nonsense but are they the first traditional bank to really understand how to be agile?
Also on the show we have an exclusive interview with digital receipting startup Flux alongside Megan Cawood of Starling, all about their recent partnership and launch on Starling's Marketplace.
Enjoy the show! Spread the word, tell your friends and don't forget to leave us a review on iTunes!
If you want to get in touch, drop us a line at podcasts@11fs.com or on Twitter @FintechInsiders.
Special Guests: Kadhim Shubber, Matty Cusden-Ross, Megan Cooper, Pete Townsend, Sophie Guibaud, and Veronique Barbosa.
Links:
iOS 11: Apple Pay Just Got Easier | Money
Apple suffers embarrassing demo Face ID fail at iPhone X launch
Venmo is offering users an (ugly) physical debit card | TechCrunch
Fintech: The Fastest Growing Industry in the U.S. - theMReport.com
Starling Bank launches Marketplace, integrates with itemised receipt and rewards startup Flux | TechCrunch
Jamie Dimon Slams Bitcoin as a ‘Fraud’ - Bloomberg
Robots finds a welcome reception among China’s finance and tax services | South China Morning Post
Pandit Says 30% of Bank Jobs May Disappear in Next Five Years - Bloomberg
European banks shuttered over 9000 branches last year
ANZ Bank restructure to create '150 start-ups'
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