Fintech Confidential

DD3, Media
Fintech Confidential

Entertaining information focused on Fintech industry insights, market trends, news, and life stories from Fintech leaders, thinkers, and doers.

  1. What 62 Years of Experience Can Teach You About Financial Innovation

    13 ДЕК.

    What 62 Years of Experience Can Teach You About Financial Innovation

    In this episode of Accrued a Fintech Confidential series presented by LoanPro, Tedd Huff and Colton Pond talk with Ben Boyer of World Acceptance about evolving financial strategies. They discuss how businesses can build lasting customer relationships by focusing on customer needs, expanding product offerings, and leveraging alternative data. Ben highlights the importance of realistic credit-building products, empathetic customer service, and accessible financial tools. The conversation emphasizes trust, transparency, and tailoring services to meet client needs while adapting to economic changes. A must-listen for businesses aiming to stay competitive and customer-focused in the financial sector.   Key HighlightsThe Key to Retaining Customers You Might Be OverlookingWhy One-Size-Fits-All Credit Scores Could Be Holding You BackThe Secret to Offering Financial Products Customers Actually WantHow Expanding Your Offerings Can Keep Customers Coming BackWhat Makes a Great First Financial ProductWhy Data-Driven Decisions Beat Gut Instinct Every TimeBreaking Down Barriers to Financial SuccessHow to Balance Profitability and Customer CareWhat Most Financial Companies Get Wrong About Credit BuildingWhy Lifelong Customers Start with Exceptional Service   Takeaways1️⃣ Set Clear Expectations to Earn Trust 2️⃣ Simplify Financial Tools for Better Engagement 3️⃣ Prioritize Trust Over Immediate Profits 4️⃣ Stay Ahead by Analyzing Market Trends 5️⃣ Be Proactive in Reaching Customers   Links:World Finance: https://www.loansbyworld.com/about LinkedIn: https://www.linkedin.com/company/worldfinance/ Ben Boyer Linkedin: https://www.linkedin.com/in/ben-boyer-535a272/   Fintech Confidential Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/access LinkedIn: https://www.linkedin.com/company/fintechconfidential X: https://x.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidential SupportersSupporters LoanPro: Enhance lending operations with LoanPro's modern core. Learn more at https://loanpro.io/demo Skyflow, privacy platform trusted by leading financial institutions, to protect customers’ data. www.skyflowsecure.com HAWK: Enhance compliance with real-time monitoring and advanced AI. https://gethawkai.com  for better compliance   About:GuestBen Boyer: Ben Boyer is a finance executive in Product Development at World Finance, previously serving as COO at Simpliphy and VP...

    17 мин.
  2. Banking Revolution Starts NOW in Canada!

    5 ДЕК.

    Banking Revolution Starts NOW in Canada!

    See More Here: In this episode of Accrued by FinTech Confidential presented by LoanPro, hosts Tedd Huff and Colton Pond discuss these issues with Jeff Adamson, co-founder and Chief Commercial Officer of the company. Jeff shares how his team built an in-house technology stack to overcome these limitations, allowing them to offer personalized credit rates and a cashback system tailored to spending habits. AI tools further enhance the platform by simplifying financial management and providing actionable insights. Despite navigating complex regulatory requirements like the Retail Payments Activity Act, the company maintains a focus on creating transparent, user-friendly products. By integrating credit, savings, investments, and more into a cohesive system, the organization delivers added value while setting a high standard for customer-focused financial services. The conversation offers practical takeaways for FinTech professionals and entrepreneurs seeking to thrive in a challenging market. Takeaways 1️⃣ Stop Waiting for Support—Build It Yourself 2️⃣ Make Fair Lending Your Priority 3️⃣ Turn Regulations into Opportunities 4️⃣ Create Value Beyond Basic Rewards 5️⃣ Focus on Clear and Simple Communication Fintech Confidential Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/access LinkedIn: https://www.linkedin.com/company/fintechconfidential X: https://x.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidential Supporters LoanPro: Enhance lending operations with LoanPro's modern core. Learn more at https://loanpro.io/demo CheckAlt ClearingWorks: Your one-stop solution for AR needs. Learn more at https://clearingworks.com Under.io: Revolutionize merchant applications with digital transformation. Discover more at https://under.io/ftc Skyflow, privacy platform trusted by leading financial institutions, to protect customers’ data. www.skyflowsecure.com HAWK: Enhance compliance with real-time monitoring and advanced AI. https://gethawkai.com for better compliance This is a Production of Diamond D3, Media ABOUT: [Guest Name]: [Guest Bio] [Company Name] : [Company info] Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential. Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments. Diamond D3, Media: A media creation, management, and production company delivering engaging content globally

    47 мин.
  3. Discover the BEST Kept Secret in Lending Analytics

    22 НОЯБ.

    Discover the BEST Kept Secret in Lending Analytics

    Get the full story HERE!In this episode of Accrued, hosts Tedd Huff and Colton Pond engage with Ensemblex leaders Shawn Budde and Chloe Zhu to explore challenges and opportunities in lending and financial technology. The discussion highlights common pitfalls for fintech startups, such as prioritizing customer acquisition while neglecting critical processes like servicing and collections, which are essential for long-term success. The importance of clean, organized data for informed decision-making is emphasized, along with strategies to enhance operational efficiency through structured approaches. They also address the role of AI, stressing the need for human oversight to prevent errors and biases while using it as a tool to improve automation and decision-making. Practical advice is provided on meeting evolving regulatory requirements, ensuring compliance is integrated into business operations. Finally, the episode examines advanced financial practices in countries like India and Brazil, offering lessons on improving accessibility and efficiency in U.S. markets. This conversation delivers actionable insights for professionals seeking to refine their strategies in fintech and lending. Takeaways1️⃣ Avoid the Biggest Lending Mistake Startups Make 2️⃣ AI Won’t Fix Everything 3️⃣ Start Compliance Early to Save Time and Money 4️⃣ What’s Your Customer’s Long-Term Value 5️⃣ Look Globally to Stay Ahead Links:EnsembleX: https://www.ensemblex.com/ EnsembleX LinkedIn: https://www.linkedin.com/company/ensemblex/ Shawn Budde LinkedIn: https://www.linkedin.com/in/shawn-budde-584aa4/ Chloe Zhu LinkedIn: https://www.linkedin.com/in/chloe-zhu-cfa/  Fintech Confidential Notifications: https://fintechconfidential.com/access LinkedIn: https://www.linkedin.com/company/fintechconfidential X: https://x.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidential SupportersLoanPro: As default rates continue to rise and margins compress in lending, financial organizations are searching for solutions that combine operational efficiency with innovation. Look no further, as LoanPro allows lenders to enhance their origination, servicing, collections, and payments using the foundation of a modern lending core. Check out loanpro.io/demo to learn how 600+ financial organizations have modernized their tech stack with LoanPro. Skyflow, the leading data privacy platform trusted by top financial institutions. Protect your customers' data with Skyflow's innovative solutions. Get started at www.skyflowsecure.com HAWK:AI - A game-changing...

    43 мин.
  4. What Happens When You Solve the $80 Trillion Problem?

    14 НОЯБ.

    What Happens When You Solve the $80 Trillion Problem?

    See MoreIn this episode of Fintech Confidential, recorded live at the 2024 Money 20/20 event in Las Vegas, Tedd Huff and Stephany Kirkpatrick, founder and CEO of Orum, dive into the world of money movement technology. The discussion flows naturally, covering the many ways Orum is simplifying payments and enhancing access to funds. Kirkpatrick brings a unique perspective, sharing how her background as the daughter of an immigrant and a former financial planner shaped her understanding of money access and inspired her to start Orum. Key Highlights🚀 Making Instant Payouts Possible for Businesses 🍩 Time to Make the Donuts 💸 Why Wait for Money Movement? 💲 Real-Time Payments Without High Costs 🔒 Making Compliance Easy 💼 The Power of Clear Pricing 📊 CFPB’s 1033 Rule and Data Access 🌐 Stablecoins in International Payments 🏗 Building a Strong Product First 🤝 Trusted Partnerships for Reliable Payments Takeaways 1️⃣ Apply Financial Planning Insights to Your Startup Vision 2️⃣ Keep Remote Teams Engaged with Simple Tools 3️⃣ Streamline Payment Solutions with Easy APIs 4️⃣ Enhance Security in Transactions with Verification Tools 5️⃣ Choose Strong Partnerships to Boost Your Business’s Credibility Links: Stephany Kirkpatrick LinkedIn: https://www.linkedin.com/in/stephany-kirkpatrick/ Orum: Website: https://orum.io/ LinkedIn: https://www.linkedin.com/company/helloorum X: https://twitter.com/hello_orum Facebook: https://www.facebook.com/helloorum/ Instagram: https://www.instagram.com/orum.io/ Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/access LinkedIn: https://www.linkedin.com/company/fintechconfidential X: https://X.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidential SupportersSupporters Under: Transform Your Merchant Applications with Under. The Under platform revolutionizes the way ISOs handle merchant applications, offering a seamless transition to digital forms. Say goodbye to outdated processes and hello to efficiency. Discover the future of financial applications at a href="https://under.io/ftc" rel="noopener noreferrer"...

    58 мин.
  5. Cash Flow Made Easy

    7 НОЯБ.

    Cash Flow Made Easy

    See More In this episode of Fintech Confidential’s Leaders, Tedd Huff talks with Ariel Blum, CEO of Receive, about how fintech can transform cash flow for small businesses. Receive’s unique model provides immediate, fee-free access to earned revenue, giving small businesses the “spending power” they need without relying on costly credit. Tedd and Ariel discuss the importance of simplifying financial tools, building a customer-centered company culture, and the role of regulation in supporting fintech innovation. They explore how access to essential financial tools can empower underserved entrepreneurs globally, highlighting fintech’s potential to make finance more accessible and responsive to real-world business needs. Key Highlights-  No Fees Just Freedom -  Beyond Credit Scores -  Spending Power Not Loans -  Say Goodbye to Jargon -  Empathy as a Business Strategy -  Tech-Driven Liquidity -  Smarter Business Growth -  A New Approach to Regulation -  Going Global with Financial Access -  Focus on Cash Flow Takeaways 1️⃣ Unlock Immediate Spending Power 2️⃣ Put Empathy First in Your Business Strategy 3️⃣ Use Jargon-Free Language in Client Interactions 4️⃣ When to Consider an Interchange-Based Revenue Model 5️⃣ Look Beyond Borders for Business Growth Links: Ariel Blum LinkedInReceiveLinkedIn Facebook Instagram Fintech ConfidentialYouTube Notifications LinkedIn X Instagram Facebook SupportersUnder: Transform Your Merchant Applications with Under. The Under platform revolutionizes the way ISOs handle merchant applications, offering a seamless transition to digital forms. Say goodbye to outdated processes and hello to efficiency. Discover the future of financial applications at https://under.io/ftc CheckAlt: a game-changer in the financial world: ClearingWorks. Simplify your financial management with a one-stop solution for all your AR needs and with a single login. Intrigued? Visita href="https://clearingworks.com/" rel="noopener...

    57 мин.
  6. Onboarding Made EASY - No Code Needed!

    30 ОКТ.

    Onboarding Made EASY - No Code Needed!

    See More In this episode of FinTech Confidential, host Tedd Huff and co-host Colton Pond speak with Timothy Li, CEO of LendAPI, on core strategies for fintech success. Key topics include the importance of fraud detection advancements, the need to build comprehensive products rather than features, and the role of partnerships in providing complete solutions for financial institutions. They also discuss the potential of international payments using blockchain and stresses the importance of customer feedback for relevant product development. Finally, they emphasize execution over ideas, highlighting the need to act on customer needs swiftly to remain competitive in fintech. Key HighlightsHow Fintech Tackles Fraud: The Latest Security TrendsBuilding Products, Not Features: The Key to Lasting ImpactPartnerships: The Secret Behind Fintech SuccessInternational Payments: The Next Big Opportunity in FintechCustomer Feedback Drives Product DevelopmentExecuting Ideas: Why Action Beats Theory in FintechFraud Prevention Tools: Enhancing Security for Financial ServicesWhy Complete Solutions Win Over Piecemeal FeaturesThe Essential Role of Partnership in Fintech GrowthWhy Customer Listening is Fintech’s Competitive Edge Top 5 Takeaways1️⃣ Make Fraud Detection Your Top Priority 2️⃣ Focus on Product Fit Over Flashy Features 3️⃣ Build Partnerships to Extend Your Reach 4️⃣ Stay Customer-Centered for Lasting Success 5️⃣ Prioritize Action and Execution Over Theory SupportersLoanPro: As default rates continue to rise and margins compress in lending, financial organizations are searching for solutions that combine operational efficiency with innovation. Look no further, as LoanPro allows lenders to enhance their origination, servicing, collections, and payments using the foundation of a modern lending core. Check out loanpro.io/demo to learn how 600+ financial organizations have modernized their tech stack with LoanPro. CheckAlt: a game-changer in the financial world: ClearingWorks. Simplify your financial management with a one-stop solution for all your AR needs and with a single login. Intrigued? Visit https://clearingworks.com to schedule your demo today. Skyflow, the leading data privacy platform trusted by top financial institutions. Protect your customers' data with Skyflow's innovative solutions. Get started at www.skyflowsecure.com Under: Transform Your Merchant Applications with Under. The Under platform revolutionizes the way ISOs handle merchant applications, offering a seamless transition to digital forms. Say goodbye to outdated processes and hello to efficiency. Discover the future of financial applications at https://under.io/ftc HAWK:AI - A game-changing approach to compliance. With real-time monitoring, adaptive learning, and advanced AI, it cuts false positives, simplifying your compliance efforts. Upgrade your surveillance with ease. Visit https://gethawkai.com for more intelligent, more effective compliance. This is a Production of Diamond D3, MediaABOUT: Timothy Li: Timothy Li is a tech entrepreneur specializing in banking technology. Throughout his career, he has worked with teams to develop mission-critical software for leading organizations like Intel and JPMorgan. Timothy is the co-founder of multiple fintech startups, including LendAPI, Magic, Alchemy, MaxDecisions, Fluid Credit, and Kuber. LendAPI: LendAPI is a no-code, end-to-end digital onboarding platform designed to help banks, lenders, and insurance companies quickly launch digital onboarding solutions. With LendAPI,...

    53 мин.
  7. The FTC's Shocking New Rule You Need to Know NOW

    25 ОКТ.

    The FTC's Shocking New Rule You Need to Know NOW

    Click Here to read moreIn this episode of Uncut by Fintech Confidential, host Tedd Huff discusses the FTC’s new Click-to-Cancel rule with legal expert Linda Goldstein (Baker Hostetler), Carl D’Agostino (CEO, Solvpath), and Jayare Charron (VP of Partnerships). This new rule, aimed at simplifying subscription cancellations, requires businesses to offer easy, transparent processes for consumers to opt out of services. The conversation covers the four key components of the rule: prohibiting misleading ads, ensuring clear billing disclosures, obtaining consumer consent, and simplifying cancellations. The guests explain how businesses can adapt by implementing self-service tools, improving customer retention, and avoiding the hefty fines associated with non-compliance (up to $50,000 per violation). They also highlight the importance of using AI-driven platforms like Solvpath to enhance customer experience while staying compliant. This episode is a must-listen for any subscription-based business looking to stay ahead of FTC regulations, reduce churn, and improve customer satisfaction. Key Highlights - New FTC Rules Demand Simple Cancellations - Massive Fines Ahead for Non-Compliant Businesses - Why Self-Service Options Are Key for Subscription Success - Proactive Adjustments Could Save Your Business - Retention Beats Acquisition: The Smart Strategy - Building Trust with Transparent Billing - Automation: The Secret Weapon for Compliance - How Transparent Cancellation Policies Build Loyalty - Data-Driven Strategies for Reducing Churn - The Future of Subscription Services Depends on Complianc Takeaways 1️⃣ Make Cancellations Effortless to Stay Compliant 2️⃣ Stop Misleading Ads Before the FTC Hits You with Fines 3️⃣ Streamline Billing Disclosures for Consumer Trust 4️⃣ Implement Self-Serve Tools for Smooth Subscription Management 5️⃣ Use Data to Prevent Cancellations Before They Happen 04:08 FTC's New Click to Cancel Rule 05:33 Legal Implications of the New Rule 05:47 Industry Experts Weigh In 07:04 Core Tenets of the FTC Rule 11:19 Changes from Proposal to Final Rule 15:42 Effective Dates and Business Adjustments 16:42 Impact on Subscription Businesses 17:10 Solvpath's Role in Adapting to Changes 21:10 Data-Driven Approaches to Reduce Churn 22:28 Challenges and Compliance Strategies 33:54 In-Person and Telephone Sales Compliance 42:56 Final Thoughts and Recommendations 43:43 Pre-Canned Solutions for Easy Compliance 43:58 The Benefits of Easy Cancellation 44:40 Understanding the Full Billing Cycle 45:11 FTC's Perspective on Cancellation 47:13 Post-Sale Strategies for Customer Retention 48:53 The Importance of Compliance 49:41 Challenges for New Advertisers 50:14 The Role of Self-Serve Automation 50:32 Impact of New Regulations on Advertisers 58:41 Long-Term Perspective on Compliance 59:57 Future Expectations in the Marketplace 01:11:10 Aligning with Card Brand Rules 01:18:51 Final Thoughts and Positive Takeaways Links:Solvpath: https:getsolvpath.com/ Bakerhsosltetler: https://www.bakerlaw.com/ Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/access LinkedIn: https://www.linkedin.com/company/fintechconfidential Twitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook:...

    1 ч. 23 мин.
  8. Factor Now, Pay Later

    17 ОКТ.

    Factor Now, Pay Later

    Click Here See More In this episode of FinTech Confidential, host Tedd Huff interviews Jordan Olivas, the founder of Harvv, a B2B accounts receivables financing platform. The conversation focuses on how Harvv is helping businesses in traditional industries, such as recreational vehicles, construction, raw materials, and consumer packaged goods, by offering innovative financial solutions that streamline their payment processes and improve cash flow. Throughout the discussion, Jordan shares valuable insights on the challenges these industries face and how Harvv’s platform addresses these issues by making the payment and financing process easier for both sellers and buyers. Key HighlightsWhy Flexible Payment Terms Are the Key to Faster Cash FlowThe Secret to Reducing Financial Risk with Payment SolutionsHow Automation Saves Time in Managing PaymentsWhy In-House Financing Comes with Hidden CostsWhat Traditional Industries Need to Know About Payment TermsWhy Customer Service Plays a Big Role in Payment SuccessHow Tight-Margin Industries Can Improve Financial StabilityStreamlined Onboarding Can Make or Break Payment SystemsWhy Reverse Factoring Beats Traditional FinancingThe Importance of Perseverance in Business Success   Takeaways1️⃣ Get Paid Faster with Flexible Payment Options 2️⃣ Automate to Eliminate Manual Payment Chasing 3️⃣ Shift Credit Risk to Buyers for Safer Deals 4️⃣ Reduce Hidden Costs by Outsourcing Financing Tasks 5️⃣ Offer Multiple Payment Methods for Customer Convenience SupportersUnder: Revolutionize merchant applications with digital transformation. Discover more at https://under.io/ftc Skyflow, privacy platform trusted by leading financial institutions, to protect customers’ data. www.skyflowsecure.com HAWK: Enhance compliance with real-time monitoring and advanced AI. https://gethawkai.com for better compliance. Links:[Company Name] Website: Linkedin: Facebook: Instagram: Twitter: Youtube: Fintech Confidential YouTube: https://fintechconfidential.com/watch Podcast: https://fintechconfidential.com/listen Notifications: https://fintechconfidential.com/access LinkedIn: https://www.linkedin.com/company/fintechconfidential Twitter: https://twitter.com/FTconfidential Instagram: https://www.instagram.com/fintechconfidential Facebook: https://www.facebook.com/fintechconfidential Supporters Support is provided by MPC 2023, the premier event for fintech leaders. This is your chance to shake hands and rub shoulders with the world's top experts in payments, loyalty, blockchain, digital currencies, cybersecurity, consumer privacy, and other emerging fintech solutions connecting you directly with the future of commerce. If you haven't already, mark your calendars for August 23rd through the 25th and join me and Fintech Confidential at the Westin Atlanta Perimeter North. When you sign up for FinTech confidential notifications, you will receive a discount from $50 to 100% off. Or use this link for $50 of registration. https://mpcevent.com/FTC50 This is a Production of Diamond D3, Media ABOUT: Jordan Olivas: Jordan is the founder of Harvv, a rapidly growing B2B factoring platform that's...

    44 мин.
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Entertaining information focused on Fintech industry insights, market trends, news, and life stories from Fintech leaders, thinkers, and doers.

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