Interview with David Ness: Fintech Partnerships Within the U.S. Bank Ecosystem

Interview with David Ness: Fintech Partnerships Within the U.S. Bank Ecosystem

Host - Rory Holland

Interviewed - David Ness

This Episode

In this episode, David Ness, Senior Vice President of Innovation at U.S. Bank, discusses his journey into financial services and his role in leading fintech partnerships. He emphasizes the importance of being humble and curious. David explains how, to know which partnerships and investments to prioritize, U.S. Bank identifies internal pain points and customer expectations. He also shares examples of successful collaborations. Finally, David highlights the impact of fintech in reaching underserved communities, and the importance of transparency and authenticity when building trust.

Key Takeaways

1. Being humble and curious are important qualities in the fintech industry.
2. Identifying internal pain points and customer expectations helps prioritize partnerships and investments.
3. Successful collaborations have solved issues like deposit switching and digitizing assets.
4. The fintech space has made a positive impact in reaching underserved communities.
5. Transparency and authenticity are keys to building trust in the industry.

Chapters

00:00 Introduction and Background

05:40 Example: Solving the Problem of Deposit Switching

10:58 The Importance of Transparency and Authenticity

16:17 The Future of Underwriting and Automation

About Mighty Finsights

This is 'Mighty Finsights,' the podcast where finance meets formidable insights and spirited storytelling. Each episode offers a deep dive into the challenges and achievements that define the financial landscape, providing valuable lessons in finance, innovation, and resilience. Tune in for an experience that brings finance to life through the voices of its most influential leaders.