Bank Nerd Corner

Kiah Haslett

Our perception of money is changing rapidly, and banks are at the center of all of it. From how we access it to how we buy to how we trust that our money will be there when we need it. Here on Bank Nerd Corner, Kiah Haslett brings on a rotating cast of expert bankers, economists, academics and more to sit down and talk about the complex dynamics shaping financial services today. Banks exist at the crossroads between risk and safety, private business and public policy and new technology and some of the oldest laws we have. If we can understand what is changing and what probably won’t, we’ll be in a better position to respond strategically. And, hopefully, we’ll understand the strange creature that is financial services a little bit better.  Subscribe to Bank Nerd Corner to get the latest episode every Thursday!

  1. What Regulators Got Wrong with Banking as a Service

    HACE 6 DÍAS

    What Regulators Got Wrong with Banking as a Service

    Bank Nerd Corner dives deep into Cornell Law Professor Dan Awrey's new paper, “Banking, Technology, and Instability,” and welcomes guest discussant Jason Mikula, an independent journalist who wrote a book on the topic and publishes the Fintech Business Weekly newsletter. Dan and Jason discuss how they framed and conceptualized the banking as a service business model and why that matters. Dan says banking as a service inverts the traditional outsourcing model; today's consumer knows their app and has no idea whether there is a bank behind it at all. In his book, Jason characterized the same phenomenon as a disaggregation of the banking value chain, focusing on how revenue and function are divided among fintechs, middleware providers and partner banks. They explore the regulatory response to BaaS, including what regulators don’t understand, why the interagency third-party risk management guidance mostly missed the point and the policy proposals that Dan has suggested that will never happen. --- Fintech Takes Banking is the weekly newsletter for bank execs who get it. Subscribe for the latest in regulation, tech, financials, operations and, yes, accounting, straight to your inbox: https://fintechtakes.com/banking/newsletter-subscription/ Follow Kiah LinkedIn: https://www.linkedin.com/in/khaslett/ Twitter: https://twitter.com/khaslett Follow Dan Twitter: https://x.com/DanAwrey Linkedin: https://www.linkedin.com/in/brian-fritzsche-86838a77/ Read “Banking, Technology, and Instability:” https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6276878 Follow Jason Linked: https://www.linkedin.com/in/jasonmikula/ Twitter: https://x.com/mikulaja

    57 min
  2. BNC Squared: Conference Chat and Story Roundup

    23 ABR

    BNC Squared: Conference Chat and Story Roundup

    In this episode of Bank Nerd Corner Squared, Alex is back with dispatches from both ends of the spring conference circuit: Fintech Meetup and a fintech event hosted by the Bank of North Dakota, the only state-owned bank in the country.  Alex shared why he’s increasingly believes that artificial intelligence may be more immediately impactful for community banks than for the largest institutions, and how it could revolutionize their workforce and expand their talent pools.  Next, Kiah and Alex do a timed overview of four different news stories: The White House Council of Economic Advisers report on yield-bearing stablecoins Regulatory changes that make it easier for banks to engage in mortgage and leveraged lending Chime's newest Prime membership tier; and news that Citibank may be allowed to acquire a bank They then chat about some major acquisition news in their industry — newsletters — as well as related questions about credibility, editorial independence and the business of business storytelling. --- Fintech Takes Banking is the weekly newsletter for bank execs who get it. Subscribe for the latest in regulation, tech, financials, operations and, yes, accounting, straight to your inbox: ⁠https://fintechtakes.com/banking/newsletter-subscription/⁠ Follow Kiah: LinkedIn:⁠ https://www.linkedin.com/in/khaslett/⁠ Twitter:⁠ https://twitter.com/khaslett⁠ YouTube: https://www.youtube.com/@BankNerdCorner Follow Alex:  YouTube: https://www.youtube.com/@FintechTakesLinkedIn: https://www.linkedin.com/in/alexhjohnson

    1 h 18 min
  3. What Drives Bank Branch Closures?

    26 MAR

    What Drives Bank Branch Closures?

    Bank Nerd Corner welcomes Rajesh Narayanan, a professor in the Department of Finance at Louisiana State University. Rajesh recently coauthored a paper titled “The Decline of Branch Banking,” which was presented at the 2025 Community Bank Research Conference. Kiah and Rajesh discuss how the restructuring of the U.S. bank branch network is driven primarily by deposit activity, not lending. Rajesh explains how interest rates and depositors’ comfort with digital banking increasingly factor into the value that banks derive from their deposit franchise. The paper found that banks are more likely to close branches in areas where deposits are "hot" or flighty, and where customers don't place high value on physical proximity to a branch. Kiah and Rajesh explore whether banks’ ability to pay below-market rates on deposits will survive in an increasingly digital world. Rajesh also discusses what regional bank CEOs should consider when rationalizing their branch networks, and why deposit acquisition and retention costs should guide their strategies. Read “The Decline of Branch Banking” here: https://www.communitybanking.org/-/media/files/communitybanking/2025-papers/rs1_p1_rajesh-narayanan_the-decline-of-branch-banking.pdf?sc_lang=en Fintech Takes Banking is the weekly newsletter for bank execs who get it. Subscribe for the latest in regulation, tech, financials, operations and, yes, accounting, straight to your inbox: https://fintechtakes.com/banking/newsletter-subscription/ Follow Kiah: LinkedIn: https://www.linkedin.com/in/khaslett/ Twitter: https://twitter.com/khaslett Follow Professor Narayanan: Linkedin: https://www.linkedin.com/in/rajesh-narayanan-a4954031

    51 min

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Our perception of money is changing rapidly, and banks are at the center of all of it. From how we access it to how we buy to how we trust that our money will be there when we need it. Here on Bank Nerd Corner, Kiah Haslett brings on a rotating cast of expert bankers, economists, academics and more to sit down and talk about the complex dynamics shaping financial services today. Banks exist at the crossroads between risk and safety, private business and public policy and new technology and some of the oldest laws we have. If we can understand what is changing and what probably won’t, we’ll be in a better position to respond strategically. And, hopefully, we’ll understand the strange creature that is financial services a little bit better.  Subscribe to Bank Nerd Corner to get the latest episode every Thursday!

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