Shows
Payments InnovationSpecial Edition: Black History MonthWhat does Black History Month mean to you? It could be a time to recognise the achievements of the Black community, to draw attention to ongoing problems with racism, or an opportunity to stand as an ally of Black friends and colleagues. October is Black History Month in the UK, and this year, under the theme of “Saluting Our Sisters”, the event celebrates the critical role that Black women have played in shaping history, inspiring change, and building communities. In this Special Edition of Payments Innovation, Product Manager Miada Hassan speaks to two Currencycloud colleagues, Director of Sa...
2023-10-2715 minPayments InnovationThe Global Outlook: How FinTechs Are Growing with Shamir Karkal and Cara HaywardFintech is one of the fastest growing industries on the globe today. In this episode, we take a look at the projected growth of Fintech through the perspective of crypto to real-time payment systems. Shamir Karkal, Co-founder and CEO at Sila and Cara Hayward, Director of Strategic Partnerships, North America at Currencycloud, both see the bright future of the Fintech industry as it expands with crypto-currency to real-time payment systems. Join us as we discuss:Biggest trend in Fintech is growthStaying power of Fintech Global movement to real-time payment systemsThe crypto ecosystem To ensu...
2022-09-0652 minPayments InnovationIntroducing Ned Barker: Payment Innovations Podcast HostWe are thrilled to introduce our newest podcast host, Ned Barker, Remittance Senior Consultant at Currencycloud. Ned has a rich history in the Fintech space specializing in cross-border payments. Ned’s episodes will include:The latest in remittance trends New innovations in the embedded finance and Fintech industryTransformations in the remittance space To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy for more infor...
2022-07-1907 minPayments InnovationAcquiring Insight: Think Global, Act Local — Tribe/Currencycloud Podcast CrossoverIn this special two-part episode, we are thrilled to welcome two vibrant young experts from the global payments ecosystem. Lynda Strutton is the Vice President of Customer Success at Tribe Payments, and Stephane Vandenplas is the Senior Payment Processing Consultant at Currencycloud. Consumers are more demanding than ever, and merchants have to adapt quickly if they want to survive. How can acquirers and partners make this happen? Join us as we dive into: The unique challenges facing merchants who want to go globalHelping companies manage the costs of doing business overseasHow it’s cruci...
2022-06-2121 minPayments InnovationMohan Madouri: The French ConnectionWhen you think of European finance, the UK may be the dominant market you think of first…A close second? France.And if you want to be at the cutting edge of Fintech, you need to understand the French market.That’s why we’re so excited to welcome a new host to our podcast team — Mohan Madouri, who, as Directeur Commercial of France here at Currencycloud, has the inside scoop on the exciting innovations coming out of this important region.In this episode, we discuss:Mohan’s career pathWhy the French...
2021-12-0307 minPayments InnovationYou Can’t Out-Innovate the Market to Compete with Neo-Banks with Dieter HalfarIt’s getting tougher for traditional banks to compete with the emerging neo-banks. While many are taking the steps to keep up, these banks must look into replacing legacy infrastructure if they want to stay relevant in the long term.Today’s guests, Dieter Halfar, Partner at Elixirr, and David Reiss, Programme Director, Strategic Partnerships at Currencycloud, talk about what financial services should be focusing on and what’s next for the space.In this episode, we discuss:Discussing key considerations for a finance companyThinking carefully about the product features that you launchCore differences betwee...
2021-11-1645 minPayments InnovationIntroducing Payments Innovation’s Newest Host: James TeodoriniPaytech is one of the most important emerging sectors in Fintech, yet for many, it’s a mystery.Not so for James Teodorini, Senior Paytech Consultant at Currencycloud, today’s guest and our newest host on payments innovation. He joins the show to demystify Paytech.In this episode, we discuss:James’ backgroundThe definition of Paytech The guests James will feature in upcoming episodesTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our Y...
2021-09-0711 minPayments InnovationIntroducing Our Newest Series on Client SuccessCurrencycloud’s Payments Innovation podcast is about 3 years old, and we couldn’t be prouder of all the conversations we’ve had about new business perspectives on the global digital economy.Today, we’re introducing a new podcast host who will pioneer a Payments Innovation series focused on our current clients and how they’re scaling.We’re excited to highlight our newest podcast host Scott Ernenwein, North America Account Manager: Fintech and Banking at Currencycloud.In this introductory episode, you’ll hear about:- Scott’s background in banking
2021-07-1308 minPayments InnovationPositioning SWIFT gpi in the World of Payments with David BirchGPI stands for global payments initiative. Think: the Amazon parcel tracking equivalent in the international payments space.Is SWIFT gpi about to go the way of the dinosaur? That’s what we’re here today to debate.In this episode of Payments Innovation, host Richard Arundel, Co-founder & Chief Evangelist at Currencycloud catches up with David Birch, author and FinTech thought leader, and Piers Marais, Product Director at Currencycloud. Richard, Dave, and Piers discuss...The 4 benefits SWIFT gpi affords to end usersWhy SWIFT gpi might actually be the Cutty Sark...
2021-02-1631 minPayments InnovationIntroducing Lauren Passey and Alex Barr from Currencycloud EMEAIn today’s episode, I’m excited to introduce two new Payments Innovation hosts from Currencycloud’s EMEA team. I’m joined by Lauren Passey, Sales Director, and Alex Barr, Senior Sales Consultant, to discuss why they want to host, what’s exciting them in finance overseas and what to expect in their upcoming episodes. To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy fo...
2020-10-0613 minPayments Innovation#Challengers: How to Keep Accelerating Innovation Through Times of CrisisFalls Fintech almost didn’t happen. The 12-week accelerator program started on March 9th, 2020. By March 13th, participants had to pack up and go. But the story doesn’t end there… What kind of fintech entrepreneurs would let a little thing like a global pandemic stop them from innovating? In today’s Challenger Series episode, I’m excited to be joined by 3 amazing guests involved with the accelerator program: Nikkee Rhody, SVP, Co-Founder and Managing Director at Falls Fintech and Vice President - Product Development & Marketplace Strategies at Central Payments. ...
2020-09-0840 minPayments Innovation#FintechCaraoke: To Partner or Not to Partner: That is the Question w/ Marcel KlimoTo partner or not to partner. That’s the question. As a fintech company, you’ve made the decision to expand your offering through a partnership. What does the partnership look like? How much control are you going to be giving up? What are the things you need to be thinking about when making decisions around partnerships? It can all be a bit (okay, a lot) confusion, which is why on this episode of the Payments Innovation podcast, we got to sit down with Marcel Klimo, Tech Evangelist at Vacuumlabs, for a conversation all about, among...
2020-09-0139 minPayments Innovation#FintechCaraoke: How to Succeed with Open Banking and Embedded Finance with Phil PetersOpen banking seems like it’s been just around the corner for years. Now it’s here… But most organizations are still a little scared to move into it. Why? To find out, I caught up with Phil Peters, EVP/Chief Operating Officer & Head of Institutional Banking at Radius Bank, a company who’ve embraced open banking with open arms. In this episode, Phil explains: - Why Radius moved into open banking - How embedded finance is shaping the future - What makes a winner (an...
2020-08-2538 minPayments Innovation#EmbeddedFinance: Hiring Internationally Just Got a Whole Lot Easier with Job van der VoortOpen banking seems like it’s been just around the corner for years. Now it’s here… But most organizations are still a little scared to move into it. Why? To find out, I caught up with Phil Peters, EVP/Chief Operating Officer & Head of Institutional Banking at Radius Bank, a company who’ve embraced open banking with open arms. In this episode, Phil explains: -Why Radius moved into open banking -How embedded finance is shaping the future -What makes a winner (and why there wi...
2020-08-1922 minPayments Innovation#Challengers: Why Fintechs Are Rebundling Everything They Unbundled with Ben SoppittDebundling has had a huge role in fintech’s rise. But that era is over… Welcome, everyone, to the era of rebundling. In today’s episode, Ben Soppitt, Founder of Unifimoney, explains why the time has come for fintechs to start rebundling everything they’ve debundled. He goes over: -Why fintechs debundled in the first place -Why it’s time to rebundle -Why Unifimoney caters to the affluent To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify...
2020-08-1137 minPayments InnovationThe Changing World of Personal Loans with Scott SatovOver the last decade, consumers have embraced the rising quality of personal loans fueled by smaller, more nimble technology. Given the economic uncertainty around the pandemic, will that appetite fizzle out or burn well into the future? To find out, we spoke with Scott Satov, Chief Executive Officer at Loans Canada. He went over: -Loan Canada’s part in the rise of personal loans -How technology has shaped the personal loan market -The present (and future) state of personal loans To ensure that you never miss...
2020-08-0422 minPayments InnovationPayments Innovation Introducing #SeriesIt took a global pandemic. But I think everyone realizes it now. Innovation is no longer a choice. It’s a necessity. And that’s why we’re happy to announce the launch of even more Payments Innovation podcast. That’s right, we have 3 new series launching so you can keep up with every aspect of innovation in the fintech world. Rich Arundel, General Manager at Currencycloud, will be hosting #embeddedfinance, which takes a look at the future of payments. Chris D'Antuono will be hosting #challengers, getting in-depth...
2020-07-2817 minPayments InnovationHow SHiFT Is Preparing for a Cashless World with Kevin CoppingBanks have finally caught on to something we’ve known for a while… The future of finance is digital. As they close ATMs and move online… They’re realizing just how many companies got their first. Companies like SHiFT Connect, a major player in international FX and payments. I caught up with Kevin Copping, Institutional Sales and Marketing Manager, to go over how SHiFT is preparing for the coming of the cashless, digital world. Kevin covered: -What SHiFT is doing globally -Why the world will i...
2020-07-2137 minPayments InnovationWhy Buy Now, Pay Later is the Future of Credit with Nitya SharmaThe world has changed so much in 50 years… So why is it credit cards remain almost the same? There must be a better way to do credit. But how? Nitya Sharma, Co-Founder & CEO at Simpl, has created a buy now, pay later service he is confident will shake us from our out-dated credit-card dependency. I caught up with Nitya to find out how services like Simpl might just be the final nail in the coffin of credit cards. He covered: -How the Indian financial landscape inspi...
2020-07-1442 minPayments InnovationFintech Enablement Platforms: Fintechs for Building Fintechs with Mike KaneOnce you master something, it’s natural to want to help others master it, too. It’s a rewarding experience of giving back, whether it’s a game, a musical instrument… Or building a Fintech. On today’s show, I caught up with Mike Kane, Co-Founder at Hydrogen, the Fintech enablement platform that has made it easier than ever before to build a Fintech from scratch and get to market in record time. What we talked about: -How Hydrogen came to be -How they help you avoid siloed system...
2020-07-0727 minPayments InnovationEverything You Need to Know About Compliance with Matt McGuireYou’ve created an amazing financial brand. You have big ideas and so much work to do. But now you have to worry about everyone’s favorite topic: Compliance. OK, it’s not the sexiest topic and, if you don’t know what you’re doing, it can end up taking over all of your time. Luckily, on today’s show, we have Matt McGuire, Co-Founder and Practice Leader at The AML Shop. He’s here to explain how his company makes it easier for companies to spend more time on their business and...
2020-06-3018 minPayments InnovationPhilanthropy for the Modern World with Dale Nirvani PfeiferPhilanthropy is not just a hobby of the well-to-do. You don’t need a monocle, furs or a top hat to give. Thanks to modern financial technology, everyone can be a philanthropist. And your company would do well to join in. To explain why, I invited Dale Nirvani Pfeifer, CEO & Founder at Goodworld, onto today’s show. Goodworld offers a whole ecosystem of modern ways to charitably give — including tools to help your business increase its impact. What we talked about: -How Goodworld came about and is mode...
2020-06-2325 minPayments InnovationAccounts Receivable Just Got Easier with Garima ShahA lot of businesses are like a Ferrari with wagon wheels. Well-oiled machines held back by one outdated component. And for a lot of businesses, that component is accounts receivable. On the show today, I’m joined by Garima Shah, President of Biller Genie, a company dedicated to modernizing those janky wooden wheels and bringing them in line with the rest of the car. What we talked about: -The problem with current accounts receivable processes -Why paper checks should go the way of the dodo -How...
2020-06-1622 minPayments InnovationImmigrating to the US is Hard, Banking Shouldn’t Be with Joaquín Ayuso de PaulIn the US, it’s hard to top the pilgrims for a national identity story. It’s an enduring symbol of a country worth struggling to live in. But those struggles never really went away — they just modernized. Modern problems require modern solutions, which Joaquín Ayuso de Paul, GM at Rayo, and his team are helping to provide with their global bank account. He came on the show today to explain the significant financial hurdles immigrants face and why modern fintechs are better equipped to solve them than legacy banks. Wha...
2020-06-0919 minPayments InnovationPayments in a Pandemic: Fast, Digital & Contactless with Jennifer WorleyDo you ever use to think about the journey your $20 bill took to find your wallet? The places it’s been. The things it purchased. The hands it passed through… Well, I guess we’re all thinking about that last one now and opting for contactless payments. But that’s just one of the ways COVID-19 is ratcheting up existing financial trends. That’s why we invited Jennifer Worley, SVP Product & Marketing at Meta Payment Systems, on the show today. She’s been studying the payments trends surrounding the COVID-19 crisis and came on t...
2020-06-0222 minPayments InnovationFostering Financial Wellness Through Fintech with Ahmed SiddiquiThe pandemic is like an advertisement for the Boy Scout motto: Always be prepared. Yet, financially, few Americans are. Most have less than $500 in savings! They need to follow the Boy Scout credo. And they need Fintech to do it. And my guest today, Ahmed Siddiqui, Head of Product at Branch, is trying to help get American workers merit badges in financial wellness. Branch is a challenger bank making financial tools for the American worker to unshackle them from the two-week payment cycle limiting their financial success. What we tal...
2020-05-2629 minPayments InnovationAccessing Wages Early Without the High-Cost Lending with Frank DombroskiIn the wake of the sudden COVID-19 economy, we might forget the small-scale financial crises people face every day. In the huge segment of the workforce living paycheck-to-paycheck, any sudden expense can become a financial crisis. And until recently, their only option was to start a cycle of debt through expensive short-term loans. Our guest today, Frank Dombroski, Founder and CEO of FlexWage Solutions, is leading the charge — without the high charges — for an alternative. His company offers a solution that provides people with early access to earned wages. What we talked ab...
2020-05-1927 minPayments InnovationWhat Are the Market Trends in the Wake of Coronavirus? with Daniel WebberThe COVID-19 crisis has hit everyone — often on multiple fronts. For many, the only thing as scary as the pandemic is the economic side-effects. And, unsurprisingly, this is causing major shakeups in the world of payments. On the show today, we spoke with Daniel Webber, Founder and CEO of FXC Intelligence to learn more about trends in the industry and get a forecast for what to expect as the crisis plays out. And, while much of the news is bleak, there are some notable silver linings. Daniel went over:
2020-05-1224 minPayments InnovationWhy Brex are Thinking Differently (Even in a Crisis) with Erica DorfmanIt’s hard to talk about anything these days without it somehow circling back to the pandemic. But, since this is a show about innovation, it’s not all bad news — innovation thrives in challenging times. Crises spur new ideas, creative spins on what we do already and demonstrate the value of thinking differently. And Fintech is no exception. So says my guest today, Erica Dorfman. And when it comes to innovation, she should know. That’s because Erica is the VP of Cash at Brex, a company who...
2020-05-0522 minPayments InnovationHow Payoneer is Simplifying International Payments with Iain McNicollAs the COVID-19 crisis unfolds, our socially-distanced world has paradoxically revealed how connected we really are. A pandemic that knows no borders has everyone realizing the borders our technology can cross just as easily. We’ve learned to work together, apart. And payments are no exception. Technology has made it easier than ever to work, sell, pay or get paid internationally. We’re joined today by Iain McNicoll, Regional Head of SMB Americas at Payoneer, a company dismantling the barriers in international payments. Iain cover...
2020-04-2818 minPayments InnovationAudio May Become a New Standard For Person-Present Transactions with Eric AllenIn the world of transaction technology, we all care about the same things: Security and Risk reduction Customer experience Friction minimization Today commonly these concerns are handled by the use of EMV chips and NFC. But what if there were a way to send and receive transaction data over a distance of several feet securely? I sat down with Eric Allen, CEO of LISNR to find out if audio is becoming a disruptive force potentially taking over as the new standard and what the benefits are of this innovation. What we discussed: T...
2020-04-2120 minPayments InnovationHow to help people in emerging economies pay bills efficiently with Fabian SaidePaying bills is nothing new, and it's not likely to change. We will always have to pay bills, but should we be paying them like we did 100 years ago? Today, one in four bills gets paid in check or cash. It's 2020! Why is it so complicated for people around the world to pay a bill? And how can people who work abroad pay their bills back home instead of sending cash? On today's episode of the Payments Innovation podcast, we invited Fabian Saide, CEO of Paykii, to talk about cross-border bill pay using his company's p...
2020-04-1420 minPayments InnovationGoing Down the Rabbit Hole of Fintech Structure with Chris McCannWho's behind the boom in fintech startups? How are digital-wallet entrepreneurs, for instance, launching their ideas? How much of their products are they building in house? The front end of fintech garners a lot of attention, but the back end has often gotten ignored. Nevertheless, there's an infrastructure powering everything. What is it? Who is it? How will it change? On today's episode of the Payments Innovation podcast, we invited Chris McCann, managing partner at Proof of Capital, to take us down the fintech rabbit hole by exploring these ideas from his popular article, The F...
2020-04-0723 minPayments InnovationBreaking the Bank: How Dwolla Is Enabling Businesses to Program Payments with Ben MilneWhen your toaster and your TV are programmable, doesn't it make sense that your payments should be programmable, too? Card payments often settle on ACH, but accessing the ACH Network for electronic payments is tough. It can take years to figure out accounting, corrections, automating returns, identity verification, and reconciliation. What if those technical gaps were fixed? What if there were a simpler system? Would businesses use it? The gaps have been fixed, a simplified solution has been created, and businesses are using it. That solution is called Dwolla, and we had...
2020-03-3120 minPayments InnovationA Venmo-style App for B2B Payments with Jeremy AlmondVenmo offers people a completely digital, cashless payment network experience. But commercial enterprises, weighed down with invoices and contracts, often still rely on paper checks. What if you could use the blockchain to digitize the process for these companies and help them get their revenue faster, cheaper, and more efficiently like Venmo does for individuals? Jeremy Almond, CEO of a business-to-business payment network called PayStand, believes you can. A completely digital cashless payment network experience, PayStand works like Venmo only with a contract and an invoice in the process. We invited Jeremy onto the podcast t...
2020-03-2418 minPayments InnovationEliminate processing fees with simple surcharges with Andrew BartHow much could your business save if you didn't have to pay credit card processing fees? Could you get a 30% net margin increase? It's possible but tough under the current regulations. To solve this problem, InterPayments, a financial technology firm, developed SurchX, a product that can help businesses recover the maximum allowable amount of their credit card processing fees by passing them onto a consumer as a surcharge. Andrew Bart, the chief growth officer for InterPayments, joined us on the podcast to talk about how SurchX works and who it can benefit. What...
2020-03-1727 minPayments InnovationA Merchant Cash Advance pioneer is revolutionizing healthcare financing with Scott GriestMerchant cash advance (MCA) solutions have been making finance payments easy for retailers and restaurants since 2005. So how does someone who was in the pioneering days of MCAs shift into the in healthcare system? Scott Griest decided to find out. He built a product to automate loan origination for medical procedures. This platform was built in a way where other originators could license it as well, leveraging the technology with their own financing partners. Scott is the founder and chief operating officer of PrimaHealth Credit, which is a fintech startup concentrating on patient health care...
2020-03-1021 minPayments InnovationFrom a Tip Jar to a DipJar for Charity with Chris SellandWhy do so many of us toss our change in charity jars? Because it’s easy. So, what if there was a physical jar for your credit card, where you simply dip your credit card, and boom, you’ve donated? No forms, no iPad, no “What’s your address?” “Check this box.” “Put your name here.” Just a simple credit card dip to give? Well, that jar does exist. It’s called DipJar, and we sat down with their CEO, Chris Selland, on this episode of the Payments Innovation podcast. He told us all about how DipJar is increa...
2020-03-0325 minPayments InnovationCredit Card Networks Are Finally Listening to Merchants with Yitz MendlowitzIf you could solve one problem in ecommerce transactions, what would you solve?If you answered “friction,” that’s the same place Yitz Mendlowitz started. But he found out very quickly that friction is a consumer issue, not a merchant problem. The problem merchants want solved is fraud liability. In this episode, Yitz shares how credit card networks are finally listening to ecommerce merchants, and started to shift fraud liability away from the merchants and onto the card issuers (the banks). Yitz is the co-founder of PAAY. What we talked...
2020-02-2517 minPayments InnovationHow Do We Fix Global Trade Payments? (Hint: It’s Not Blockchain) with Asnee FernandoGlobal trade payments are a little … broken. Plenty of fintechs and startups have created better trade payment platforms domestically. Plus, various payment systems have focused on the international P2P transactions. But few fintechs have really tackled the global B2B space. That’s exactly why Asnee Fernando founded Shoptaki. Asnee came on the Payments Innovation podcast to share all about Shoptaki’s capabilities, which streamline global trade payments by using collaborative AI. What we talked about: B2B transactions are not as simple as using Amazon The global pr...
2020-02-1815 minPayments InnovationHow DataSeers Is Creating Better Fintech-Sponsor Bank Relationships with Adwait JoshiFintechs are the future. Banks represent tradition. And in between … is our data. In this episode, we interviewed Adwait Joshi, Chief Seer (actual title) at DataSeers, a company dedicated to “creating simple solutions to handling complex data.” Adwait has used data to solve pain points in healthcare, animal health, and, now, financial services. In this episode, he shared how DataSeers is using data to create win-win-wins for consumers, banks, and fintechs. What we talked about: Getting data out of silos How to halt fraud (as it’s happening) Stopping financial loss Better fintech-s...
2020-02-1115 minPayments InnovationAllied Payment Was Ready for Open Banking, & Here’s What They Have to Say w/ Ralph Marcuccilli & Kelli SchultzOpen banking actually serves smaller financial institutions, like credit unions and community banks, more than anyone else … they just need to know the value. That’s why we invited banking experts Ralph Marcuccilli & Kelli Schultz on this episode of the Payments Innovation podcast. They explain the ins and outs of open banking, and what it can mean for smaller financial institutions. Ralph was a 20-year veteran of the banking industry, and, in 2010, he founded Allied Payment, where Kelli is now the President. She comes from 2 decades of experience in and around the networks surrounding banking plat...
2020-02-0435 minPayments InnovationVoPay Created Real-Time Bank Payments for Canada (& They’re Coming to the USA) w/ Hamed ArbibiWhy we all love credit cards: they’re speedy, convenient, and transparent. Why we all dislike credit cards: they’re expensive. What if you could make a bank account transaction at the speed, convenience, and transparency of a credit card transaction, but without the fees? That’s the basic premise behind Hamed Arbibi’s newest venture, VoPay. In this episode, 3-time Founder and CEO, Hamed Arbibi talks about how VoPay is creating a new financial landscape in Canada, enabling rapid bank-to-bank transactions, without overbearing credit card interchange fees. What we talke...
2020-01-2816 minPayments InnovationThree Problems Movo’s Digital Cash Is Solving (That Traditional Banks Aren’t) w/ Eric SolisThe term “disruption” doesn’t just get thrown around occasionally. “Disruption” gets thrown around incessantly — especially in tech, and, perhaps even more especially in fintech. Let us introduce perhaps the one founder who is not actually trying to disrupt traditional banking. Meet Eric Solis, a 3-time fintech founder, former SVP of investments for Merrill Lynch, former VP of Investments for Prudential Securities, a full stack entrepreneur with educational credits in bitcoin, AI, and business from MIT, Oxford, and Stanford. Eric came on the Payments Innovation podcast to share about his latest creation — MovoCash, and how he’s u...
2020-01-2119 minPayments InnovationOne Challenger Bank’s Mission to Own the Entire Customer Experience w/ Wesley WrightAcross the United States, challenger banks are springing up, such as Chime and Simple. But, within the US, most of these don’t actually have their own charter. Meet Varo Money — the digital bank that wants to become the first challenger bank to receive its own US charter. I spoke with Wesley Wright, Varo’s COO, on the Payments Innovation podcast to hear about why pursuing their own charter is so important. Wesley’s response? Because they want to own the entire customer experience. What we talked about: Traditional banks haven’t...
2020-01-1418 minPayments InnovationHow Haven Life Has Reinvented Buying Term Life Insurance w/ Yaron Ben-ZviHave you ever tried purchasing life insurance? It seems like it should take less than 60 minutes, but it rarely takes less than 60 days. So Yaron took that process, laden with pdfs, phone calls, and paperwork, and turned it inside-out, co-founding Haven Life. On this episode, Yaron gives his insights on: Why buying term life insurance has been so difficult traditionally Giving customers what they need Allowing customers to purchase how they want How Haven Life is using modern tech to align with the customer Rapid application approval How Yaron defines success Yaron’s insights in...
2020-01-0717 minPayments InnovationOne Bold, Cancer-Fighting Computer Scientist Is Creating Consumer-Based Financial Visualizations w/ Brandon DewittIt would be easy to chalk Brandon’s passion into something driven by his near-death experiences. But that’s only half the story. Brandon Dewitt is CTO at MX, a company that grew from the merging of his own company, MyJibe. At his heart, he’s a computer scientist. He wants to help people solve real-life problems, by separating out those things computers do well to help people with their lives. But a while back, he found out he had over a dozen tumors. The docs gave him 30 to 90 days. That was over 4 years ago. O...
2019-12-1731 minPayments InnovationHow One Man Is Helping Local Lenders Diversify Their Balance Sheet w/ Ian LamplProblem: Local financial institutions don’t have the access to resources or multiple branches that a larger bank like JPMorgan has. So, usually, local community lenders find a niche, and double down on 1 type of lending products. But, that creates at least 2 problems: An over concentration in geography An over concentration in 1 lending product So Ian Lampl stepped in, and by comparing lending to the bond market, LoanStreet was born. On this episode, Ian tells us all about his end-to-end lending platform that 600 local financial institutions are already falling in love with. What we...
2019-12-1017 minPayments InnovationWhy ‘It’s a World of Opportunity for Canadian Credit Unions’ w/ Adam Rice“I don’t have that much cash available. Is there any way I can get a loan to finance this?” “I’m sorry, not really,” said the dentist. Adam Rice overheard the conversation, and the idea for Loan Connect was born. Their goal is simple: provide Canadians with personal loans that lenders actually compete to provide. On this episode, Adam discusses how the platform works, and how it’s defying the odds (and the banks) in Canada. Adam is the CEO and Founder of Loan Connect, with an MBA from UNSW, and a Masters in Commu...
2019-12-0319 minPayments InnovationInnovation in the Future of Enterprise Asset Management w/ Richard DonaldsonRichard Donaldson is the VP of Management and Marketing for Requis, a technology company that according to their website “connects buyers and sellers, enabling enterprises to procure, manage, and dispose of assets with greater visibility, simplicity and capital efficiency.” Richard joins us on the Payment Innovations podcast to share his insights for how the future of enterprises are changing, all because of the way that their company is changing asset management. There is a very large gap of technology solutions of the enterprise supply chain, which Requis is working on filling. Of the global 2,000 enterprises (as meas...
2019-11-2629 minPayments InnovationHow One Man Is Using Fintech to Clarify Financial Services for the Rest of Us w/ Carey RansomFinancial services make plenty of sense. If you are a financial services professional. But what about the rest of us? On this episode of the Payments Innovation Podcast, our guest Carey Ransom joined us to discuss his passionate belief that financial services should revolve around the average human’s life. What we talked about: People in financial services understand the financial game. But what about the rest of us? Customer-focused product dev vs. profit-focused profit dev The 1 product Carey is particularly proud of — Payoff The 1 problem Carey is waiting for a founder to solve: AI & M...
2019-11-1224 minPayments InnovationThe Sir Herbert Holt Legacy — 300 Businesses, 5 Generations, and a Fintech Accelerator w/ Brendan Holt DunnSuccessful people get our attention. We’re fascinated by how they got to where they are. Well on the latest episode of the Payments Innovation podcast, we didn’t just interview someone successful. We interviewed Brendan Holt Dunn who’s carrying on his family’s legacy — five generations’ worth of successful business. Brendan is the CEO at Holdun Family Office and Founder at Holt Fintech Accelerator. He came on the show to talk about his family, their businesses, and their fintech accelerator. To ensure that you never miss an episode of Payments Inno...
2019-11-0523 minPayments InnovationHow Marqeta Is Disrupting Core Banking Systems Across the Globe w/ Dave MatterMarqeta isn’t your usual sort of fintech. They don’t wrap their API into a legacy system. They own everything, from the hardware, to the API. Dave Matter, Head of Global Product Strategy at Marqeta, recently joined us on the Payments Innovation podcast to discuss what he sees as the future of banking, and how their unique product is taking advantage of financial service opportunities around the globe. Dave has worked in fintech with digitizing student loan processing, and with investments, mortgages, Quicken loans … you name it, he’s done it. What we talked...
2019-10-2919 minPayments InnovationYou’re Probably Losing 3% on Overseas Profit w/ Pourash PantWhen it comes down to payments and foreign exchange exposure, small and medium sized businesses don’t have a good understanding of what it’s costing them. It varies from company to company, obviously, but even the big companies can be oblivious to the charges — up to 5%. On this episode, I talked with Pourash Pant, co-founder of Tigerflo Global Payments, about why most SMBs don’t even realize how much they’re losing. What we talked about: The reality of foreign exchange payments losses Why SMBs are particularly susceptible to the “used car dealersh...
2019-10-2214 minPayments InnovationThe Fintech Accelerator and Middle America w/ Nikkee RhodyA lot of people ignore the middle part of the United States. The “flyover” states, as they’re called, get a bad rap. They’re ignored for the likes of New York, LA, Silicon Valley, and Austin. But there is so much happening in Middle America. Incredible things really. On this most recent episode of the Payments Innovation Podcast, we sat down with Nikkee Rhody, Vice President of Product Development and Marketplace Strategy at Central Payments, and Co-Founder and Managing Director at Falls Fintech. We talked about Middle America, what’s going on with...
2019-10-1521 minPayments InnovationThe Bootstrapped Fintech That Is Funding $250MM in Canadian Business w/ David GensFor many businesses, the 2008 financial crisis was a death blow. But for at least one opportunistic entrepreneur, it was the moment he made a game-changing dive into a fintech business. David Gens is the Founder, President, and CEO of Merchant Growth, a fintech specializing in delivering financing to small retail businesses in Canada. David joined me on the Payments Innovation podcast to share how he’s leveraging AI to deliver game-changing financing to small business. What we talked about: How the 2008 financial crisis impacted financial services Traditional financial institutions aren’t really comp...
2019-10-0817 minPayments InnovationIntroducing Brady BurkettAs a Business Development Rep, Brady is experienced in enterprise-level solution selling with determination to learn and master complex industries. With years of experience Brady has worked for Healthify, TruClinic, and Better before joining the Currencycloud team. In this episode we welcome Brady to the hosting team at the Payments Innovation podcast. Hosted on Acast. See acast.com/privacy for more information.
2019-10-0108 minPayments InnovationHow Alternative Data is Changing Investing w/ Bill DagueOn this episode of the Payments Innovation Podcast we sit down with Bill Dague a Senior Data Scientist at Quandl. Before he began working with Alternative Data at Quandl he was at Nasdaq, before they acquired Quandl. According to Bill, the world of data science is changing, for employees dedicated to working in the field, and companies seeking to maximize revenue by leveraging its power through data. Sometimes, the byproduct data can help companies to sort out the following unexpected benefits: -new consumer insights -deeper understanding of consumer trends and habits...
2019-09-2417 minPayments InnovationIntroducing Cara HaywardCara has a passion for helping community banks and credit unions survive and thrive. As the daughter of parents who were small business owners she understands the importance of community financial institutions to the survival of small and medium size businesses who provide the majority of jobs for the American people. At Currencycloud, Cara partners with financial institutions to provide better solutions for their commercial customers looking to facilitate global business. Prior to joining Currencycloud, Cara spent 4 years at CBANC as the Director of Business Development helping community banks, credit unions, and their vendor partners navigate complex...
2019-09-1705 minPayments InnovationThe Future of B2B Payment Solutions w/ Craig Jeffrey76% of banks use fintechs for payment solutions for their corporate clients. Why, then, are some banks still stuck in the Dark Ages? Craig Jeffery, Managing Partner at Strategic Treasurer LLC fills us in on the latest B2B Payments Survey Report and his predictions for the future of bank/fintech relationships. In this episode, we cover: The current landscape of B2B payments Improving enterprise customer experience Protecting against fraud To listen to this episode and more like it, subscribe to Payments Innovation on Apple Podcasts or wherever you listen...
2019-09-1029 minPayments Innovation2 Ways AI Has Created Accessible Financial Coaching for Everyone w/ Natalie CartwrightNatalie Cartwright and her team at Finn AI have a mission: to improve the financial well-being of 100M people by 2025. And they’re leveraging AI to achieve that mission. What we talked about: How Finn AI is applying AI in the financial services industry How do virtual assistants create more value for customers? How do virtual assistants create more value for financial institutions? Check out these resources Finn AI Natalie’s LinkedIn To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. U...
2019-09-0415 minPayments InnovationHow AI Can Make You a Better Trader w/ Ali KousariSince the 80s, we’ve watched automation make the buy side of trading much more effective. But when it comes to the retail side, the technologies haven't evolved at all. But that’s where Quantreex comes in. It’s a web based trading platform that allows you to create automated trading strategies in under a minute. It also leverages AI and machine learning to help you control risk and increase returns. On this episode of the Payments Innovation podcast we caught up with Ali Kousari, Co-Founder of Qantreex, to get an inside look at why this so...
2019-08-2717 minPayments InnovationAn Integrative Solution to Help Small Businesses Everywhere w/ Ricardo PeroRicardo Pero is changing the landscape for how and where small to medium businesses find capital funding. In 2016, he left JP Morgan to start SellersFunding. We got a chance to sit down with Ricardo to learn all about his inspiration behind starting his company and how his product will transform funding for these important enterprises. From lead time to risk assessments, big banks and cash advance merchants have made it really difficult for these startups to get the funding they need. When your industry is growing on average 15-20% year over year, it do...
2019-08-2015 minPayments InnovationHow to Successfully Enter a Foreign Marketplace w/ Marcus ShinThere’s no getting around it. It’s tough to enter a foreign market. From the application process to the fees to the language barriers; it can be a balancing act. We had the opportunity to chat with someone who knows this journey all too well. Marcus Shin from WireBarley answered all of our questions regarding entering a foreign marketplace with an M2M business model. In this episode, w Hosted on Acast. See acast.com/privacy for more information.
2019-07-3019 minPayments InnovationInnovation in Post-Authorization w/ Rick LynchRick Lynch is the senior vice president for business development at Verifi. He got into the payments industry in 1999, and has been innovating in the space ever since. We sat down with Rick on this week’s episode of Payments Innovation to learn more about what Verifi is doing to shake up the industry and equip business owners to take control of their chargebacks. They’re creating post-authorization tools to help reduce risk and loses after the sale by preventing and fighting chargebacks, preventing customer disputes, and any other negative events that happen after the sale. While most...
2019-07-2315 minPayments InnovationFundingPortal Founder Explains How Companies Are Missing Out on $200B of ‘Free Money’ w/ Teri KirkGovernment grants nearly equate to free money for businesses. Owners and founders don’t have to dilute their equity by taking on investors, and, usually, there’s no requirement to pay back any money. Plus, there is a lot of it. North of $200B a year, in the US, Canada, and the UK alone. How can companies access these pools of cash? We asked Teri Kirk, founder of Funding Portal how businesses can access this money and write winning grant requests. She told us how on this episode. Hosted on Acast. See acast.com/priv...
2019-06-1825 minPayments InnovationThe Adoption of Point of Sale Financing As A Payment Method w/ Daniel ShainHas your company considered Point of Sale financing? Here’s a better question: does your company even know what Point of Sale financing is? And how it could benefit your business by bringing in more customers, allowing them to potentially spend more money with you? On a recent episode of the Payments Innovation podcast, we sat down to chat with Daniel Shain, co-founder at Credit Genie, for a discussion around why businesses choose Point of Sale Financing, why customers choose Point of Sale financing, and why it may just lead to bigger profits for your or...
2019-06-1119 minPayments InnovationFinally, a Budgeting Tool Built for Entrepreneurs w/ Marc AlloulIf you’re like most entrepreneurs, you probably double-down on your personal skill set, pursuing those pieces of your business(es) that you’re most passionate about. The other areas of the business, whether it be HR, legal, or financial, may not get the attention they need. That’s where entrepreneur Marc Alloul found himself. He’s a physicist engineer who left a $12B enterprise in 2000 to start his own company. He quickly found there was no real user-friendly budgeting platform built for high-level, fast-moving entrepreneurs who don’t necessarily have a background in finance...
2019-06-0419 minPayments Innovation3 Strategies One Fintech Company Found to Generate Additional Revenue, Increase Customer Satisfaction, & Improve Efficiency w/ Andrew GrahamOn this episode of the Payments Innovation podcast I sat down with Andrew Graham to get an inside look at what his team did to generate additional revenue, increase customer satisfaction, and improve efficiency in their company. Andrew is the Co-founder and CEO at Borrowell, a Canadian Fintech company helping consumers with their credit decisions. Andrew is also a Harvard MBA and is member of the Fintech Advisory Committee. Hosted on Acast. See acast.com/privacy for more information.
2019-05-0717 minPayments InnovationHow Important Fraud Prevention Is For Growing eCommerce Stores w/ Rafael LourencoOn another episode of Payments Innovation podcast, we interviewed Rafael Lourenco, Executive Vice President, at ClearSale. Many merchants think of fraud prevention as a technical decision, but it’s much more than that. In this episode, Rafael explains why fraud management can drastically affect a business’s revenue, costs, CX, and overall bottom line. Hosted on Acast. See acast.com/privacy for more information.
2019-04-3021 minPayments InnovationAll About Modo: How It Could Add Value to Your Business Like No Other w/ Brian BillingsleyOn another episode of Payments Innovation podcast, we interviewed Brian Billingsley, Chief Revenue Officer, at Modo. Brian talked about how Modo adds value to customers and why Modo is set apart from its competitors. Hosted on Acast. See acast.com/privacy for more information.
2019-04-2317 minPayments InnovationHow to Determine The Features Your Customers Want w/ Eytan BensoussanWhen you grow up in a family of small business owners, it’s as if you’re raised with a unique sense of empathy for this special kind of entrepreneur. So much so that you usually become one yourself. That’s the story of Eytan Bensoussan. He grew up watching his grandparents faithfully work in their business day in and day out. But he noticed a pattern that didn’t sit well with him. At the end of a long day running their business, his grandparents would retreat in their home to do their bookkeeping. They’d sit and wo...
2019-03-1215 minPayments InnovationIf You’re Still Using 10 Payment Methods to Pay Contractors & Partners, Stop & Use This FinTech w/ Mark SolePayment options options are endless. PayPal, Visa/Mastercard Debit, Venmo, Apple Pay, Google Wallet, Amazon Balance, … The list goes on. This provides phenomenal variety for consumers. But consider a commercial payer. They now have to have multiple systems to pay a variety of payees in each of their methods of choice. Or risk losing a partner or contractor by not providing payments in their desired method. That’s why when we found out about Sipree, we were astounded. Being in the payments space ourselves, we understand how impressive it is t...
2019-01-2220 minPayments Innovation3 Reasons ACH Payments Are Cool Again with Yelena ReznikovaWhile plenty of new pay methods are soaking up all the attention, ACH is being left left out of the popular arenas. We understand why. ACH can be cumbersome, requiring layers of authorization to finalize a single transaction. Many perceive it as outdated, awkward, and time-consuming. It’s time ACH had a makeover. Yelena Reznikova joined us on this episode of the Payments Innovation podcast to show how she’s leveraging the power of ACH and tech to drive profit for businesses, and convenience for consumers. Yelena is currently the...
2019-01-1512 minPayments InnovationNew Fintech Called CashStash GIves Users a Shareable Digital Wallet with Turner CogginsEver split a bill with a group of friends? Ever get stuck with more than your fair share? That’s the sort of issue CashStash is committed to solving: Co-Founder Turner Coggins came on the Payments Innovation podcast to share how his new application allows users more transparency in their shared payments. With CashStash, users can store funds in a shared virtual wallet, giving all members visibility into who’s paid, who hasn’t, and who may need a reminder message. Turner is a Senior Financial Consultant at Capco., has worked with PwC, and received his MB...
2019-01-0817 minPayments InnovationThis Payment Platform Allows Consumers To Pay Later, With No Interest, No Fees, & No Hassle with Charlie YouakimAs Millennials are clouding out prior generations in the coveted 18-34 consumer space, they are using credit cards less and less. Many of them have no credit, which puts them in the never-ending “you don’t have credit, so we can’t offer you credit” cycle. Or they’ve been told to steer clear of the debt trap, so traditional plastic is a non-option for them. This leaves gaps, for both consumer needs and merchant revenue. And that’s where Sezzle comes in. Sezzle is a payment method that offers 0-interest 0-fee lines of credit to consumers...
2018-12-1820 minPayments InnovationBanks Are Already Involved in the Community. Their Customers Just Don’t Know with Hector PagesPayments shouldn’t be the only thing going digital. Giving to your favorite local charity should be easy. Digital easy. Hector Pages knows. He grew up in Puerto Rico and saw firsthand devastation from natural disasters. So when he found In/PACT, he had to jump on board. In/PACT is the creator of Good Coin, an integrated giving solution that allows payments to nearly 1.8 million nonprofits. Now, users can give straight to their favorite charities through their mobile banking app or online. Hector serves as the Chief Growth Off...
2018-12-1117 minPayments InnovationProcessing With AI: How the Future of Fintech Will Affect International Business with Dan FagellaArtificial Intelligence. Machine learning As buzzwords go, they’re the hottest things in almost any tech space. “AI” conjures spectacular images of Sci-fi films and robotic engineering. But when it comes down to the reality of your international commerce, you need to know how AI affects your business. We went straight to the top of the AI and machine learning industry by roping in Emerj CEO and Founder Dan Fagella for our latest episode of the Payments Innovation Podcast. This guy’s career is nothing short of mind-blowing: He’s a Brazilian Jiu Jitsu champion, started an...
2018-12-0419 minPayments InnovationGlobal Banking Capabilities For Smaller Communities with Mike SalernoCookie cutter solutions don’t work for everyone. Often, smaller community banks are left out, especially when considering international exchanges. Mike Salerno, Vice President of Global Banking at FNB Omaha, saw a host of opportunities following the recession as larger banks tightened up. This allowed other correspondents to come in and establish partnerships. Mike and FNB have made a commitment to continue to service their downstream and correspondent banks. This includes partnering with them to help them come up with and work on creating a solution set. Hosted on Acast. See acast.com/pr...
2018-11-2018 minPayments InnovationPayee Managed Payment Processing with Dylan MasseyMore and more workers are abandoning the traditional "Nine to Five" jobs for contract 1099 work. While this provides more freedom for workers, Dylan Massey, Co-Founder and CEO of Intercheks, says this also presents some issues when it comes to streamlining the payment processes for individual contractors, some of whom may come and go or have multiple side jobs. Dylan talks to us about his pathway to Interchecks and how his team is helping to solve specific problems by working to streamline the payment process. Hosted on Acast. See acast.com/privacy for...
2018-10-3032 minPayments InnovationThe Rest of the World Doesn’t Use Plastic. Here’s How Global Companies Are Taking Local Payments with Steve VillegasAs US merchants expand their operations across the world into emerging markets, they quickly discover an interesting fact: Many cash-centric nations, have leap-frogged over the usage of plastic. Now, many of these traditionally cash-heavy nations, have found tech integrations that allow merchants to sell online and collect cash with receipts, QR codes, and other methods. There’s around 300 different major payment methods available across the globe. If your company is going global, it can be intimidating navigating the cultural, regulatory and technical aspects of such a wide variety of payment options. That’s what...
2018-10-0921 minPayments InnovationHow To Gain A Competitive Advantage In Foreign Currency Exchanges with Bob MurrayThere’s a simple way to make international transactions easier for you and your clients: Make payments in local currency. Bob Murray is the Director of Foreign Exchange at Brookline Bank and he’s been involved in foreign exchange markets since the early 80’s. Throughout the years, he’s seen how foreign exchange can really touch all areas of a bank. From international payments to wire transfers, having a solid foundation in foreign exchange markets is critical for the success of a bank. Bob has also noticed something else that has stayed the same in the...
2018-10-0221 minPayments InnovationIntroducing Jeff ForkanJeff is passionate about all things Fintech and Payments. He has consulted with eCommerce platforms, PSP's, Challenger Banks, and Financial institutions of all types and sizes to deliver business-critical payments, banking, and compliance solutions via cloud and on-premise. With over 10 years working in the finance, banking, and payments space, Jeff has extensive knowledge in solving problems and removing barriers to entry for Fintech's in the new digital era. In this episode we welcome Jeff to the hosting team at the Payments Innovation podcast. Hosted on Acast. See acast.com/privacy for more i...
2018-09-1805 minPayments InnovationWhy Writing Checks As A Payment Method Is Still Sticking Around with Stuart BainPaper checks are dying. But not as fast as you might think. While many individuals are demanding instant payment systems, most companies still operate by paying bills by check every month. The overall rates of check usage dropped significantly from 2000 through 2015, but in the last few years the percentage of check usage has plateaued. There has not been enough disruptive innovation in this particular space to force companies into the next evolution of digital payments. Stuart Bain is the Senior Vice President at Alacriti, Inc. His team at Alacriti is focused on bringing su...
2018-08-2820 minPayments InnovationHow One Company is Unlocking Cross Border Payments with Brion BonkowskiThe days of region-locking payments are coming to a close. US Unlocked is a prepaid card for international consumers to make purchases in the US. Brion Bonkowski is the CEO at Tern: Enabling Global Commerce which acquired US Unlocked several years ago. Tern purchased US Unlocked because Tern were interested in acquiring their impressive tech platform. Tern has now built out tech to enable people to launch other prepaid platforms around the world. Brion joined us for this episode of Payments Innovation to talk about Tern and US Unlocked, the capabilities of their p...
2018-08-2114 minPayments InnovationDigital Transformation in a Rising Rates Environment with Don HalliwellMany financial institutions are stuck in the past with outdated technology. But tech innovators like Google and Facebook aren’t going to wait for them to catch up. Don Halliwell is the Senior Director of Marketing and Communications at Zafin, and he’s been in the digital transformation space for over 10 years. Don and his team are in the partnership space with banks. They provide them with the agility required to meet customers where their needs are. Zafin equips financial institutions with the software technology they need to overcome digital transformation challenges in the e...
2018-08-1414 minPayments InnovationReal Time Payments in the United States with Tim MillsWhy doesn’t the US have real time payments? Many nations around the world, including the UK, have these solutions, but not the US. To dive into this question, we spoke with Tim Mills, the Vice President of Real Time Payments Business Development at The Clearing House. The Clearing House has been around since the middle of the 19th century. They were established to create more efficiency surrounding interbank clearing and the settlement of payments. 160 years ago, clearing checks between financial institutions was a lot easier said than done. In the past...
2018-08-0716 minPayments InnovationHow Entrepreneurs Can Simplify Their Bank Accounts with Jeremy BlackMany entrepreneurs fall into no man’s land when it comes to their bank account. They’re too big to keep a personal account, and too small to get attention from banks. Every specializes in bank accounts for online businesses, and they are looking to simplify the entire bank account process for online entrepreneurs. Jeremy Black is the Co-Founder and CEO of Every. He began his career as an online entrepreneur in a pre-Shopify world. He ran an e-commerce operation in music industry before he moved onto roles in the tech community. Jer...
2018-07-3114 minPayments InnovationHow Community Banks are Changing Merchant Funded Rewards with Tina GiorgioCommunity Banks fund over half of the small businesses in the US. They are an essential and often overlooked part of the economy. Tina Giorgio is the President and CEO at ICBA Bancard. Tina has been in this role for a little under 2 years, but she has spent the last 30 years in community banking. “Community Bankers, at our core, are about serving our local community. There’s a lot of communities in the United States who would not be properly served if it wasn’t for their local community bank.” Many community banks simply ca...
2018-07-2411 minPayments InnovationHow To Utilize Escrow In the World of Instant Payments with Peter JanesPaying strangers for big purchases is difficult. Do you pay with cash? Most people don’t like walking around with that much money. Do you make a bank transfer? That might take more time and involve more fees than you bargained for. Pete Janes is the Founder & CEO at Shieldpay, a company specializing in digital escrow accounts that help remove the danger of large transactions with strangers. A lot of private marketplaces leave buyers and sellers to their own devices, and as a result there is a large fraud rate. As high as 12%! Shiel...
2018-07-1715 minPayments InnovationBringing B2C Ecommerce to the B2B World with John TomichBuying from Amazon versus ordering from a catalog. One is a lot easier than the other. One is a lot faster than the other. And one feels a whole lot more “2018” than the other. So why do many B2B companies still make purchases through outdated means? John Tomich is the CEO & Co-Founder at Credit Key, and he believes that many B2B practices are lagging 10+ years behind B2C, and that includes ecommerce. But the tide is shifting. As people are getting used to purchasing B2C products so easily through Amazon and oth...
2018-07-1015 minPayments InnovationHow API and Financial Institutions Are a Perfect Match with Nathan RichardsonBanking is becoming more mobile. You want to be able to manage your portfolio and trade stocks on the go, but security is at the forefront of everybody’s mind. How do you ensure that your favorite apps are securely storing and managing your data? Nathan Richardson is the CEO at TradeIt, an API infrastructure that links retail investors and app developers with any online financial broker. Nathan first dove into the API space when he headed up Yahoo Finance in the early 2000’s. Nathan and his team developed a financial data ticker as a widget...
2018-07-0318 minPayments InnovationCustomer Loyalty In The Payments World with Michael RolphCustomer loyalty matters. But there aren’t many examples of modern companies that are rewarding their customers very well. Michael Rolph is the CEO and Co-founder of Yoyo Wallet, a platform that helps retailers surprise and delight their customers through streamlining payment options and customer loyalty programs. Retailers can use Yoyo’s technology to allow customers to pay through their own app and get rewarded for purchases. Or, as Michael would describe it, “We’re doing Starbucks meets clubcard, democratized for all retail, and better.” Yoyo provides real time data and insights to...
2018-06-2618 minPayments InnovationHow to Succeed As A FinTech Entrepreneur with Daren JacksonAs an entrepreneur, you don’t get many shots. Time is a finite resource, so how do you choose where to spend your time when investing in a dream? Daren Jackson (President, CEO, and Founder of Rapid Financial Solutions) has experience in this area. Over the years, Daren has spent time navigating regulations and complexities in the Payments world, and has come with up some do’s and don’ts for FinTech Entrepreneurs. In this episode of the Payments Innovation podcast, we talk to Daren about how he got his start in FinTech, how he’s learned...
2018-06-1917 minPayments InnovationChanging the Real Estate Game with Gary BeasleyWhat if there were a better way to buy and sell rental homes without having to go through the pain of waiting until tenants moved out, letting the home sit empty for months while it sells, losing rent, maintenance costs, and property value? Hosted on Acast. See acast.com/privacy for more information.
2018-06-1216 minPayments InnovationHow To Manage All Of Your Bills In One Place with Steve GordonHow many bills do you have to pay every month? If you sat down and listed out all of your bills from memory, I bet you’d miss one or two. Some bills change every month. They can be due on different days, be for different amounts, and they can even hit you with huge late fees if you let one slip through the cracks. It can feel like a stressful full-time job just to make sure you’re paying your bills on time every month. Steve Gordon, VP of Product at Handle Financial, was sick of...
2018-06-0516 minPayments InnovationHow Machine Learning is Changing the Game for Banking with Sankaet PathakRegulations, compliance, identity verification, bank partnership, the list goes on. In fintech, there’s a growing list of obstacles to consider when developing your financial product. Wouldn't it be nice if you could peer into the mind of someone who’s sole goal was to solve these issues? You can. On our latest Currency Cloud Podcast, we spoke with Sankaet Pathak, CEO and Founder of SynapseFI. Sankaet’s growing company now handles these account creation issues, as well as, compliance services, bank partnerships, fund settlement, account aggregation, risk mitigation and others. With a growing list of cust...
2018-05-2919 minPayments InnovationWhy No Fraud Is a Bad Sign with Tedd HuffFact: If you have no fraud, you’re losing business. On today’s Payments Innovation podcast, Chris (Currencycloud) talks to Tedd Huff (VP of Product, GlobalOnePay) about who has the most online fraud, what makes fraud “friendly,” and where the future of fraud prevention is headed. “Online fraud on average ranges anywhere from 0.3% up to 3% of total revenues for businesses in North America,” Tedd said. It usually isn’t possible to stop a breach once it’s happened. So stopping it ahead of time is the key piece to handling fraud. Hosted on Ac...
2018-05-2216 minPayments Innovation3 Ground Rules For International Payments with Jeff ScanlonDoing business across borders adds complex layers to your enterprise. But moving payments into other currencies? This should be simple. That’s what we think … and that’s what our latest guest thinks. He’s built an entire business on the premise of ethical, common-sense trading. On our latest podcast, Jeff Scanlon, CEO and President of Paymentearth joined us to unravel the complexities of FX payments. Previously, Jeff worked at Ruesch International overseeing the LA Territory, and later at Commonwealth Foreign Exchange, where he quickly topped the chart in the sales department as customers enjoyed his ethic...
2018-05-1520 minPayments InnovationWhy Banking Transparencies Are Needed in Fintech with Rocky MotwaniWith the steady increase of Fintech start-ups, is there a sense of reliability with these financial services? How trustworthy are fintechs in general? Do they have any regulations like a bank? These are challenges that fintech companies have to hurdle, when proving to consumers that they are a reliable source. And it all starts with transparency. Joined with us today, we have financial technology expert, Rocky Motwani, president and cofounder of Jiko. We will discuss how fintechs try to become a trustworthy financial resource. Hosted on Acast. See acast.com/privacy for...
2018-05-0815 min