616. News: UK's open banking regulator faces shake-up, ArK Kapital creates 'ageing filter' for startups

• 50min listen

616. News: UK's open banking regulator faces shake-up, ArK Kapital creates 'ageing filter' for startups

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David M. Brear and Sim Rai are joined by some great guests to talk about the most interesting stories in financial services over the last 7 days, including: Competition and Markets Authority to create new regulator to oversee open banking industry in the UK, Stockholm-based ArK Kapital raises €165 million to help startups grow faster and smarter, and the CEO of Goldman Sachs will DJ at Lollapalooza 2022. All this and much more on today's show!

Our expert hosts, David M. Brear and Sim Rai, 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:

  • Alan Ainsworth, Head of Policy, OBIE
  • Axel Bruzelius, Founder and COO, ArK Kapital

With soundclips from:

  • Shaun Port, Managing Director of Savings and Investments, Chase UK

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

  • CMA to create regulatory body to oversee open banking industry - 4:00
  • Stockholm-based ArK Kapital raises €165 million to help startups grow faster and smarter - 15:45
  • JP Morgan's Chase launches UK saver with "market-leading" interest rate - 25:16
  • Kadmos snaps €8.3 million to transform salary payments for migrant workers - 33:50
  • Bank of England joins MIT CBDC roster - 42:00
  • Chip raises £6.5m crowdfund on path to becoming saving and investing super app - 43:20
  • Mobile wallets to be adopted by over one-third of global population by 2024 - 44:40
  • The CEO of Goldman Sachs is set to DJ at Lollapalooza 2022 - 45:40

This episode is sponsored by Austrade

Everyone wants to stay ahead of the fintech curve, and a great way to start is by powering your investment portfolio with Australia's best and brightest fintechs. From buy-now-pay-later, to open banking, from embedded finance, to global payments - it won't be long before the next Clearpay, Cover Genius or Airwallex hits the international stage. Learn more today, visit [shinewithaustralia.com.au/fintech](www.shinewithaustralia.com.au/fintech)

Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

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

Special Guests: Alan Ainsworth, Axel Bruzelius, and Shaun Port.

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