Breaking Banks Breaking Banks - The #1 Global Fintech Podcast

In This Episode







Rising competition, changing customer expectations, and the fight for talent are top of mind these days. With possible regulatory changes and economic fluctuations, it’s essential that banks remain focused and agile. Brett King, Jason Henrichs, James White, Banking Industry Principal, Total Expert, and Ron Shevlin, Chief Research Officer, Cornerstone Advisors and Forbes' Fintech Snark Tank author engage in a lively discussion on the value of agility in banking. Tomorrow’s winners will be proactive, finding innovative ways to remain nimble, to make sure that their financial institution stays on the right track.







Then meet Breaking Banks' newest sister podcast, Breaking Banks Asia Pacific and host Rachel Williamson as she looks at open banking in India. Open banking is opening the door for millions of people to take part in the formal banking sector, be it an individual opening a bank account or a small business getting a loan. Rachel and Smita Aggarwal, Global Investments Advisor, Flourish Ventures, with 30+ years experience as a banker with some of India's biggest banks, discuss how new business models are being built in a region of empowered citizens who are more data rich than economically rich. #opportunity #financialinclusion









https://youtu.be/YSmJ4r_xl3g

The U.S. can be a tough and complex regulatory environment. Listen as Brett catches up with Peter Hazlehurst, Co-Founder and CEO, Synctera. Peter's background with Uber Money, consumer payments at Google and experience creating financial products for banks, fintechs, and large tech companies has helped create an end to end platform to enable fintech builders to create products with embedded banking and card issuance. Aside from the need for regulatory clarity, they cover KYC, global identity verification and portability (can Apple and Google help?) and some interesting specialized neobanks.







Then, Brett King and his The Futurists co-host Robert Tercek, connect with payment tech expert David Birch, author of “Before Babylon, Beyond Bitcoin”, "The Currency Cold War", and "Identity is the New Money" about all things identity and digital assets...it all gets very interesting indeed!

In this Episode:







As the costs of meeting customer expectations and competitive pressures continue to rise, more banks are considering mergers and acquisitions to gain scale and stay relevant, but there are deep structural regulatory constraints that can often be an impediment. Everything from the way geographic boundaries are defined, to the way competition is measured to the way products and services are evaluated have mid-twentieth century origins that don’t seem well-suited for today’s financial services landscape.







As we lead up to Bank Director’s Acquire or Be Acquired (AOBA) conference, Kiah Haslett, Managing Editor for Bank Director magazine, joins us to walk through some of the increasingly outdated modes of analysis, some of the ways regulators are planning updates, and what “good” and “bad” mergers look like. We also debate whether it’s all enough to achieve the stated goals of maintaining competitive markets for the good of the public, and Kiah draws on her experience as a soccer referee to show a few yellow cards to the industry.









https://www.youtube.com/watch?v=fTAPar8eNZo

It's an epic episode as Breaking Banks kicks off its 10th year. This week we offer you a megamix and extended play as Jason Henrichs, Brett King and JP Nicols chat with 10 industry all-stars about what is next in financial services. Big predictions from big names! Henri Arslanian, David Birch, Leda Glyptis, Theo Lau, Liz Lumley, Jim Marous, Ron Shevlin, Paolo Sironi, Chris Skinner and Mary Wisniewski. Cheers to 2023!!









https://youtu.be/A73dCMkoPYA

For the last show of 2022 we end the year by looking back at how we started it. Brett, Jason, and JP made some 2022 predictions, listen to find out just how clear their crystal balls were.







Spoiler alert: None predicted the crash in crypto prices or bankruptcy filings by some of the biggest platform players, global price spikes, or Twitter being taken private by Elon Musk, but we did get a few things right.







The hosts all agreed on the need for financial institutions to better vet and manage fintech partnerships and the need to have a viable strategy beyond traditional M&A.







Jason saw fintech valuations coming back to earth, a slow down of the fintech funding frenzy, and some early cracks in the foundations of interchange. Brett was looking forward to advances in AI, AR and VR. All were cautiously optimistic on the sufficiency and efficacy of the technical and compliance infrastructure to support the global growth of crypto and defi.







Join us next week for a forecast megamix for 2023 and a celebration...2023 marks 10 years of Breaking Banks!









https://youtu.be/V_9qozsCGnc

Banking leaders aren’t confident that they have the tools in place to effectively serve Generation Z customers, those born between 1997-2012. David Stillman, Founder of GenGuru and co-author of Gen Z @ Work says this lack of confidence is well-founded. He draws on his decades of research to talk about the challenges of meeting the needs of five different generations of customers, why Gen Z doesn’t want work/life balance, and how Gen Xers can avoid making the same mistakes with Gen Z that the Boomers made with Millennials.









https://www.youtube.com/watch?v=SjcG-AtPy3k