494. News: Could the 2020s be THE decade for fintech?

58min listen

Simon Taylor and Sarah Kocianski are joined by some great guests to talk about some of the most interesting stories of the last 7 days, including: BBVA pledges to close Simple, Checkout becomes Europe’s most valuable fintech, and Visa and Plaid abandon their merger plans.

Our expert hosts, Simon Taylor and Sarah Kocianski, 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:

  • Shamir Karkal - Co-founder and CEO of Sila, former Co-founder and CTO of Simple
  • Bradley Riss - Chief Commercial Officer, Checkout.com

We cover the following stories from the fintech and financial services space:

  • BBVA says that it is shutting down banking app Simple, and will transfer its users to BBVA USA
  • London’s Checkout.com becomes Europe’s most valuable fintech at $15bn
  • Plaid and Visa end plans for their monster merger, almost a year after it was announced
  • Online lender SoFi to go public through merger with SPAC
  • FCA sounds alarm bell over high risk crypto assets as banks won’t accept transfers from crypto wallets
  • Two guesses left to access £175MILLION bitcoin account

This podcast is brought to you by Jack Henry Digital the pioneer and creator of personal digital banking that helps community financial institutions strategically differentiate their digital offerings from those of MegaBanks, BigTechs and FinTechs.

This podcast is also brought to you by Mitek (NASDAQ: MITK). Mitek is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in computer vision, artificial intelligence and machine learning. Mitek’s identity verification solutions enable an enterprise to verify a user’s identity during a digital transaction, which assists businesses operating in highly regulated markets to reduce financial risk and meet regulatory requirements while increasing revenue from digital channels. Financial services, marketplaces and other organizations around the world use Mitek to reduce friction creating the digital experiences their customers expect. Mobile Deposit® and Mobile Verify® are used by millions of consumers for check deposit, new account opening and more. The company is based in San Diego with offices in New York, London, Amsterdam, Barcelona, Paris and St Petersburg. Learn more at www.miteksystems.com.

Banking as a Service is deconstructing the banking stack.
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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.

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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.

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Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Bradley Riss and Shamir Karkal.

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