Fintech Insider Podcast by 11:FS

In this episode Blythe Masters spent 27 years at JP Morgan in a variety of roles, including running the global commodities business, working in structured credit and fixed income markets, and serving as CFO of JP Morgan’s global investment bank. After leaving in 2014, she planned on taking a year off, but then blockchain caught her eye and she joined Digital Asset, where she’s CEO. In this interview, Blythe describes their technology as blockchain-inspired, explains what this means, and shares what Digital Asset is working on. “This is a once in a generation opportunity to fundamentally change the way the financial market infrastructure works,” Blythe says, “and that is for the greater good of everybody.” Like this episode? Please tell a friend about FinTech Insider, and leave us a review on iTunes. This helps people discover us. The post Ep220 – Blythe Masters on Blockchain’s Once in a Generation Opportunity appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode When it comes to innovation, can big, established banks compete with agile startups? Culture is the major barrier to digital transformation for larger organizations, so we talked to execs at the Global CIO Banking Summit to get their insight. Stay tuned for actionable examples on how to change your culture, how to measure this, and where to look for inspiration. “At DBS, we gave up our training budget of sending executives to fancy business schools and have started putting them through hackathon experiences,” says Paul Cobban, COO, Technology & Operations at DBS Bank. “You take these guys and you give them three days of digital exposure, and then for two days they work with a real startup on a real problem. So you get the stodgy banker meets the 22-year-old coder, and the stodgy banker says, “Let me tell you how this is going to be,” and then the 22-year-old coder says, “I don’t think so,” and so you go through this storming, norming, performing cycle in about half an hour, and then they’re going to get on and do some real stuff.” Guests Mark de Munk, MD & CIO, International Wealth Management IT Solutions & Products at Credit Suisse Ricardo Rola, EMEIA CIO at Itau BBA Paul Cobban, COO, Technology & Operations at DBS Bank Adrian Samareanu, Global CIO & VP, Operational Excellence at Volvo Like this episode? Please tell a friend about us and leave a review on iTunes. The post Ep219 – CIO Special: How to Change Your Culture appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Bill Gates wants a robot tax to compensate for job losses; Liverpool launches its own local currency; Atom Bank hires will.i.am as a banking consultant; and more. Guests Alessandro Hatami, Managing Partner at The Pacemakers Andra Sonea, Fellow at the Anthemis Group News this week Business Insider – Will.i.am is reportedly doing a deal with app-only bank Atom that could see the singer invest – Link NYTimes – Silicon Valley tried to upend banks. Now it works with them. – Link FT – The trouble with ‘free’ banking for challenger lenders – Link Finextra – RBS to become fintech fund and high street outlet for challenger banks under HMT remedy – Link Standard Digital – Banks take on M-Pesa with own money transfer service – Link Bloomberg – Facebook Messenger now lets you send money with Transferwise – Link PSFK – Liverpool receives its own digital currency – Link Engadget – Bill Gates wants a robot tax to compensate for job losses – Link Forbes – Why Ant Financial’s $200M investment In Kakao could disrupt South Korean FinTech – Link Business Insider – Moneyfarm will likely see reasonable uptake of its products from Uber drivers – Link Like this podcast? Please tell a friend about us, and leave a review on iTunes. It helps people discover us. The post Ep218 – Robots Have Feelings, Too appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode We talk to James Lloyd about the incredible FinTech innovation and uptake happening not only in China, but across Asia. James is the Asia-Pacific FinTech Leader at EY, and our point of reference for most of the phenomenal stats coming out of the region. Did you know that during Chinese New Year – which is only 6 days – 46 billion transactions happened on WeChat alone? That’s 46 billion “red packets” – the money you send as gifts. 46 billion! “In London, getting access to a bank account or a credit card or a basic investment or savings product is relatively straightforward,” James says. “In China, traditionally the banks have focused on supporting corporates and state-owned enterprises. So there has been this unmet need, this market gap, that the big technology players have really moved pretty aggressively to fill.” If you enjoyed this episode, please share the love and tell a friend about FinTech Insider, and leave us a review on iTunes—this helps people find us. The post Ep217 – EY’s James Lloyd: China’s Not Just Mobile First – Often It’s Mobile Only appeared first on 11FS. The post Ep217 – EY’s James Lloyd: China’s Not Just Mobile First – Often It’s Mobile Only appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

Our mantra is digital banking is only 1% finished, and people usually react in two ways to this. Either they believe banking has got miles to go when it comes to tech advancements, or they think digital is merely a way to distribute analogue products. At 11:FS, we believe we’ve got 99% to go, and we’re really excited about the future of banking. But how do we get there? At a recent event in Oulu, Finland, 11:FS CEO David Brear shared the first 5 steps to transform your bank. Watch the video. The post Ep216 – The First 5 Steps to Transform Your Bank appeared first on 11FS. The post Ep216 – The First 5 Steps to Transform Your Bank appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Amazon is looking to buy Capital One, or so goes the rumour. It’s been predicted for a long time that Google, Apple, Facebook, and Amazon would get into financial services, but Amazon is the only one of those companies that specifically needs a payments facility in their core business. James Arscott, CCO of invstr, joins us to discuss this and other headlines, including bitcoin going from funny money to something legit in Japan. We also talk to TrueLayer CEO Francesco Simoneschi on banks becoming software companies; to BBVA Open Innovation Manager Marisol Menendez about BBVA’s competition to find a new model for low interest rate banking; and BodeTree CEO Chris Myers about the three steps FinTechs need to take to survive. News this week Business Insider – Innovative app-only banks are doing something old fashioned — lending money – Link The Telegraph – Co-op Bank puts itself up for sale as it braces for another ‘significant’ loss – Link Level39 – L39 API member TrueLayer comes out of stealth; secures $1.3m funding – Nikkei Asian Review – Japanese megabanks raise bets on fintech – Link Finextra – BBVA seeks new model for low interest rate banking – Link Telegraph – Pay as you speak: Santander revamps voice banking app – Link Banking Technology – Amazon looking to buy Capital One? – Link Finextra – Australian banks fight back over Apple Pay ‘fantasy’ claims – Link International Business Times – Apple, Facebook and Amazon primed for PSD2 demolition of the card networks – Link Forbes – 3 Steps Fintech Companies Need To Take In Order To Survive – Link Medium – Get paid to read email from outside your network with a 21 profile – Link Are you listening to this podcast while on a nice little jog? If so, woo-hoo! We hope we motivated you. Could we ask a favour in return? Please take a sec to review us on iTunes so more people can discover us. Thanks in advance! Love, FinTech Insider. The post Ep215 – Cookies, Funny Money & What if Amazon Buys Capital One? appeared first on 11FS. The post Ep215 – Cookies, Funny Money & What if Amazon Buys Capital One? appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode When most banks are bribing people to join with £100 or a Rihanna CD, Monzo is doing the opposite: building a bank customers love, involving them in its development, and being so amazing the network blows up like Facebook. Monzo, the bank that broke Crowdcube, now has more than 100,000 customers. Next milestone: 1 million. Here’s how they’ll do it. “We’re trying to build the first bank with real network effect. Skype is a great example. The more people you bring onto Skype, the more people you can call,” Tom says. “How did Instagram or Snapchat or Facebook grow? It wasn’t marketing. It was an amazing product with true network effect. We’re trying to learn those lessons. 85 or 90% of our new signups come through referral.” Loving this podcast? Don’t keep it to yourself, tell a friend about FinTech Insider and help us create our own network effect. And while you have five minutes, go on and leave us a review on iTunes. You’ve been meaning to for a while – today’s the day The post Ep214 – Monzo: The First Truly Digital Bank appeared first on 11FS. The post Ep214 – Monzo: The First Truly Digital Bank appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Innovation isn’t having an app – it’s having a new business model. Yet for banks, business models are one of the hardest things to innovate around. We discuss what’s broken with traditional bank business models, and how to create new ones, with two people who know best: Tom Blomfield, CEO of Monzo, and Dora Ziambra, Head of Business Development at Azimo. “For me, and many people in the industry, being a marketplace bank is the future,” Tom says. “It’s a customer interface that acts as a platform for all of your financial problems. So a single interface that gives you access to the Azimos and the Funding Circles and the Transferwises, with a delightful, one-click user experience, but still giving you the benefits of that choice and that customer service. So, sort of, looser recoupling around APIs.” If you liked this interview, please review us on iTunes. To learn more about the team that brings you FinTech Insider, visit 11fs.co.uk. Listener offer: for a 30% discount on Innovate Finance Global Summit tickets, register using the discount code FinTechInsider. The event will be held April 10-11 in London. The post Ep213 – Bank Business Models: The Last Bastion of Innovation appeared first on 11FS. The post Ep213 – Bank Business Models: The Last Bastion of Innovation appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Is FinTech failing? We discuss this clickbait-y headline which made the rounds recently. We also talk to Lawrence Wintermeyer, CEO of Innovate Finance, to get insight on their latest report that says investment in UK FinTech startups dropped by 33.7% in 2016. Other news: WeChat to (see what we did there? James Lloyd, Asia-Pacific FinTech Leader at EY, about the 46 billion digital red packets WeChat users sent over Lunar New Year; and Anna Irrera, a journalist at Reuters, updates us on what’s happening with Dodd-Frank. News this week Tech City News – Investment in UK FinTech startups ‘drops by 33.7% in 2016′ – Link The 2016 VC FinTech Investment Landscape by Innovate Finance Innovate Finance’s Global Summit is April 10-11 in London. FinTech Insider will be recording there, and FinTech Insider listeners get a 30% discount if they register for tickets using the discount code FinTechInsider. Coin Telegraph – Switzerland Set to Ease Finance Regulations, Support Blockchain Innovation – Link Reuters – WeChat Users Send 46 billion digital red packets over Lunar New Year – Link technode – How Chinese Mobile Payments are Quietly Conquering the World – Link Forbes – 3 Reasons Fintech Is Failing – Link Wall Street Journal – Fintech Startups Want to Save One Key Page of Dodd-Frank – Link Business Insider – 19 Laptops Containing Customer Information Have Been Stolen from FinTech Company GoCardless – Link efinancial careers – Five Crazy Start-Up Ideas in FinTech now – Link Finovate 2017 Winners That’s all for now! If you like what you heard, please leave us a review on iTunes. To learn more about the team behind FinTech Insider, visit 11fs.co.uk. The post Ep212 – News: Is FinTech Failing? Dodd-Frank. And Everything Goes Back to Cannabis. appeared first on 11FS. The post Ep212 – News: Is FinTech Failing? Dodd-Frank. And Everything Goes Back to Cannabis. appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Serial tech entrepreneur Steve Kirsch (@stkirsch) has founded seven companies and earned a name for himself as the inventor of the optical mouse. Today he’s CEO of Token, a global open API banking platform. Steve says that, historically, banks have operated on limited hours. Central banks have similar systems to be compatible, which has led to architectures that are nowhere near as complex as doing real-time systems. But then internet came along and changed people’s expectations. “Now banks sort of have to be open 24/7, and yet the underlying systems haven’t caught up with that,” Steve says. “And so the challenge is to create technology that can layer on top of the existing banking system that would enable people to have the level of service that they expect, and yet not disrupt things below the decks. It’s almost like putting a modern façade on top of an old cruise ship. That’s essentially what we’ve done. [If] we need more engine power, we call down through certain interfaces and say, ‘Can you do this service for us?’ and they say, ‘Yes, the answer is this.’ But as far as everybody on the top deck is concerned, it looks like they’re on a totally modern cruise ship.” If you enjoy this interview, please leave us a review on iTunes. To find out more about the team behind FinTech Insider, visit 11fs.co.uk The post Ep211 – Token CEO Steve Kirsch appeared first on 11FS. The post Ep211 – Token CEO Steve Kirsch appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Liz Lumley, Managing Director of Thought Leadership at Rainmaking, says a woman approached her at one of their events recently and said, “I’m here because I get told all the time: You need to work with startups, and then no one tells me how.” The Rainmaking Summit was designed to give people like her the tools they need to make innovation happen. Straight talk. No bullshit. We sit down with key participants in London to get the lowdown. “We need to move from ROI to R&D,” says Nektarios Liolios, CEO & Co-Founder, Startupbootcamp FinTech. “R&D implies failure. It implies experimentation, and just keep trying, keep trying until it works, right? Having been in the financial industry for nearly 20 years now, we don’t have that. There is no concept of building product, or doing anything, with an R&D mentality. Whereas any other industry has that.” Guests Liz Lumley, Managing Director of Thought Leadership, Rainmaking @LizLum Will Bentinck, Head of Careers, Makers Academy @isoworg Nektarios Liolios, CEO & Co-Founder, Startupbootcamp FinTech @nekliolios Jennifer Rosen, Founder & CEO of JnR Communications To learn more about the team behind FinTech Insider, visit us at 11fs.co.uk The post Ep210 – Rainmaking Summit: Show Me How to Innovate appeared first on 11FS. The post Ep210 – Rainmaking Summit: Show Me How to Innovate appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode How do I change my culture? And what the hell happens to all those bank fines?! Our guest Richard Peers, Director of Financial Services at Microsoft (@Peerster), joins us to discuss these hot issues as part of our weekly roundup of FinTech Insider News. Digital DNA is radically different from legacy culture, and that needs to change, Richard says. To make digital transformation happen, technology is not enough. You have to have the right culture. It’s hearts and minds and empowering people. It’s not a quick fix, which many people are looking for. Deutsche was recently fined over money laundering claims – but where the hell do these fines go and what’s the politics behind it? How can bitcoin prevent money laundering? What are the new business models we need? Can we serve markets in new ways? Can we make money from data? It’s often a defensive conversation, it’s time for banks to go on the offense and look at open banking as a good thing, Richard says. News this week Telegraph – Fintech ‘boom’ risks fresh ‘bust’ if left unchecked, warns Carney – Link – Scalable Capital – An open letter to Mark Carney on robo advice – Link BBC – Deutsche Bank fined by regulators over money laundering claims – Link Yahoo Finance – Neo and challenger bank customer base to grow by 50.6%, globally, by 2020 – Link FT – The UK should prepare for an exodus of fintech experts – Link Finextra – Chinese central bank tests digital currency system – Link Acumin – Details come to light after Lloyds’ cyber attack – Link BBC – Savings protection limit raised – Link Finextra – CMA issues final order on open banking – Link Telegraph – Which country is the most corrupt in the world – and where does Britain rank? – Link Thanks for listening! Visit 11fs.co.uk to learn more about the team behind FinTech Insider. The post Ep209 – Should UK Prepare for FinTech Exodus?; China Tests Digital Currency appeared first on 11FS. The post Ep209 – Should UK Prepare for FinTech Exodus?; China Tests Digital Currency appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Is PFM dead? Invisible? Or has Personal Financial Management evolved from data-driven piecharts to something more useful? Joining us for today’s deep dive on PFM and Digital Money Management are: Frankie Woodhead, Director of Commercial & Channels at Barclays @FTWoodhead Victor Trokoudes, Founder of Plum, the first Facebook bot for automated savings @vmtrok Pau Velando, GM at Strands Finance @Pau4ir “For us, it’s about taking information, and transforming that information to give relevant services at the right time,” Frankie says. “It’s very easy to say, ‘You’ve overdrawn, sorry.’ What we like to do is think a week ahead. Things like Netflix, which is generally a monthly subscription, comes in a certain way. What we’ve tried to do is second-guess if that payment is going to happen. Like, ‘FYI, your Netflix of £9.99 is due to come out in four days. You might need to think about doing something different about [your spending].” “The old way to consume PFM was based on charts,” Pau says. “You’ve got the pie chart, you’ve got the bar chart, the trend line telling about how your categories were instead of mixing your expenses. Today, PFM is used to trigger banking processes, to trigger a loan, to trigger a credit card subscription, to trigger a savings goal, to move some money apart. The system is understanding how you are moving your money and how you are spending it. We’re talking about invisible PFM. Those mobile banking apps are powered by data. You don’t necessarily need to see it but it’s there.” Thanks for listening! If you like what you heard, please subscribe to our podcast, and leave us a review on iTunes – this helps people discover us. The post Ep207 – PFM: Don’t Call it a Comeback appeared first on 11FS. The post Ep207 – PFM: Don’t Call it a Comeback appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode News, glorious news! We’ve switched up the format of the show in season 2. Every Monday, we’ll bring you FinTech Insider News, a show dedicated exclusively to the latest FinTech and financial services headlines. Wednesday features FinTech Insider Insights, where we’ll continue to bring on experts to discuss digital banking, new business models, APIs, and all the other areas that matter to our industry. And on Fridays, with FinTech Insider Interviews, we’ll continue to share the individual stories of people making the biggest impact in FinTech and financial services. Guests Frankie Woodhead, Director, Commercial & Channels at Barclays – @FTWoodhead Alessandro Hatami, Managing Partner at The Pacemakers – @ahatami News this week The Telegraph – Donald Trump plans new deal for Britain – Link Pascal Bouvier – The Passporting Gambit – Link Pyments – MiSys aims to kill P2P lending / alternative lending – Link Business Insider – Siemens partners with Scalable Capital – Link Reuters – Tencent, Hillhouse Capital take stakes in Aviva Hong Kong – Link Finextra – China’s Ant Financial goes global in bid for two billion users in 10 years – Link Ant Financial – MoneyGram Agrees to Merge with Ant Financial – Link The Register – Lloyds Bank outage: DDoS is prime suspect – Link Hacker group claims responsibility for Lloyds with ransom demands – Link Finextra – UK banks strike branch banking deal with Post Office – Link CNBC – Deutsche Bank’s CEO says technology will be key to banking in the next five years – Link We’d also like to welcome our new sponsors this year, LinkedIn and the Financial Times. We’re really excited about these new partnerships and taking FinTech Insider to the next level. If you enjoyed this podcast, please take the time to review us on iTunes. Want to learn more about the hosts? Visit us on 11fs.co.uk The post Ep206 – Trump’s New Deal for Britain, Ant Financial Goes Global appeared first on 11FS. The post Ep206 – Trump’s New Deal for Britain, Ant Financial Goes Global appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Tandem CEO Ricky Knox says banking should feel effortless, as easy as listening to Spotify. He shares how Tandem is building this kind of digital bank, and how his previous startups, including Small World Financial Services and Azimo, led him to where he is today. Tandem is the second digital bank in the UK to get its banking license, and recently received a £35 million investment from House of Fraser. “We really want to build banking as a service, or banking as a solution, in the same way that I now listen to Spotify,” Ricky says. “I don’t have a buying experience anymore…I can have music in every room. It should feel a little bit like that to do your banking. It shouldn’t be any effort.” You’ll also hear from Chief Customer Officer Ruth Handcock, who says her job is listening to customers, then translating that into what Tandem is building. Enjoy the episode! If you’re a fan of FinTech Insider, please review us on iTunes. This helps other people find us. To learn more about the team that brings you FinTech Insider, visit 11fs.co.uk The post Ep205 – Tandem CEO Ricky Knox and CCO Ruth Handcock appeared first on 11FS. The post Ep205 – Tandem CEO Ricky Knox and CCO Ruth Handcock appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Tandem Takeover! We talk to the team building ‘a new kind of bank’ about how you can be digital and still be very human, how to recruit at a startup, the future of banking, how to be truly agile, how to advocate for customers, and more. Guests Ricky Knox, CEO @rickykno Ruth Handcock, Chief Customer Officer @RuthHandcock Nick Perrett, Chief Product Officer “A good bank feels like a bank that actually has your back, that therefore is making decisions in your interest, much like your doctor might or a good friend might,” says Tandem CEO Ricky Knox. “How does that translate into a product and how do we build banking that fits seamlessly around your life, pulls out all the hassle, and answers the requirements you might have for borrowing or lending on an automated basis? The first step in that is owning and understanding the data surrounding your financial services life and relationship. Pulling that data together and forming that holistic picture of how the person’s finances are evolving, and what their financial needs are at any one time, is a really key part of our proposition.” If you enjoyed the show, please take a moment to review us on iTunes. We love reading the reviews and they help people find our show. The post Ep204 – Tandem Takeover! Building a Digital Bank that Advocates for Customers appeared first on 11FS. The post Ep204 – Tandem Takeover! Building a Digital Bank that Advocates for Customers appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Lesley-Anne Vaughan, Director of MiLA Consulting and Co-Creator of M-PESA, talks to us about how she helped develop the famed mobile money transfer service in Kenya. M-Pesa lets customers use their phone to deposit and transfer money from one person to another without using a bank account. It works using a network of thousands of stores, where the cash agent network does debits and credits. “In 2007 we launched M-Pesa as a live service, but in 2005 the original product was microfinance,” Lesley-Anne says. “We were solving a painpoint of how do we get microfinance to be more effective, more efficient, more cheaply administered.” Since 2005, Lesley Anne has been dedicated to mobile money and mobile financial services in emerging markets. The incredible work she did to build and launch M-PESA earned her name on the patent, which is pretty amazing! The post Ep203 – Lesley-Ann Vaughan, Co-Creator of M-PESA; Director of MiLA Consulting appeared first on 11FS. The post Ep203 – Lesley-Ann Vaughan, Co-Creator of M-PESA; Director of MiLA Consulting appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode What are APIs? We break it down in today’s episode with some great guests. But a little taste: All the connected apps you use on your phone talk via APIs to get their data. So when you check the weather, says David Andrzejek, the weather app on your phone makes an API call to a system to get the weather data. Lesley-Anne Vaughan says APIs are like ordering from a menu at a restaurant. You place your order from the menu, which is like an API call out to the kitchen (system). The food that comes to the table is the system’s response to that API call. What does this have to do with financial services? Bankers should be interested in APIs because they enable the digital experiences their customers want. More API analogies and explanations await in episode 202! Guests Lesley-Ann Vaughan, Co-creator of M-PESA @VaughanLA David Andrzejek, VP Vertical Solutions at Google @davidandrz Aubrey Hawes, Senior Director of Product Marketing at Oracle @gahawes3 Ghela Boskovich, Founder of FemTechGlobal @GhelaBoskovich News this week Finextra – US regulator cites fintech as risk to banking system [Link] Full report [Link] IBTimes – DTCC creating credit derivatives blockchain with Axoni, IBM and R3 [Link] FT – Banks risk missing 2019 ringfence deadline [Link] Mashable – 56,000 petrol pumps in India to stop accepting credit and debit cards; citizens miffed [Link] Decision has been deferred until the 13th of January [Link] Banking Technology – “Humanoid” Ira to assist customers in HDFC Bank branches [Link] Financial Tribune – Iran’s 1st Open Banking API Launched [Link] Enjoy the episode! If you’re a fan of FinTech Insider, please leave us a review. We haven’t seen a new review in awhile and you’d make our heart soar with glee. The post Ep202 – APIs: Plug into Banking appeared first on 11FS. The post Ep202 – APIs: Plug into Banking appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Today we’re speaking to Benoit Legrand, Global Head of FinTech at ING. Benoit has more than 20 years of experience in transforming various areas of banking, and even founded a startup. In this interview he shares how ING is like a ’20-year-old FinTech,’ and why a team’s banking experience is key to helping banks change. “I’ve seen so many companies just trying to bring people from outside with a very digital background. But they are not speaking the banking language. And you need that to make sure that the power of the company is being used to transform itself.” Two decades ago, ING became the world’s first branchless, online bank, offering services via phone and internet. Today the Dutch multinational has 33 million customers around the world. The post Ep201 – Benoit Legrand, Global Head of FinTech at ING appeared first on 11FS. The post Ep201 – Benoit Legrand, Global Head of FinTech at ING appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Transaction banking has been defined as “the plumbing of international business. It ensures that salaries get paid, money for goods and services gets delivered, investment returns are credited where they belong, and the wheels of world trade keep turning” – Global Finance Magazine. In this episode, Mark Buitenhek (@MarkBuitenhek), Global Head of Transaction Services at ING, and Benoit Legrand (@_benoitlegrand), Global Head of FinTech at ING join us for transaction banking 101. News this week The Independent – Sir Ivan Rogers quits: Britain’s EU ambassador attacks ‘muddled’ Brexit thinking in scathing resignation letter – Link TechCrunch – Monese raises $10M Series A for its banking app targeting immigrants and expats – Link House of Fraser also invests in Tandem – Link Finextra – China launches $1.5bn fintech fund – Link FT – Bitcoin has all the attributes of a pyramid scheme – Link Thanks for listening! If you get value from this podcast, please head on over to iTunes and leave us a review. You’ll make our week! The post Ep200 – Transaction Banking: From Zero to Hero appeared first on 11FS. The post Ep200 – Transaction Banking: From Zero to Hero appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

Leda Glyptis (@LedaGlyptis) should be first on your list for any dinner party. Full of wit and wisdom, this banking and fintech legend always takes conversations to the next level. We talk to her about APIs and open banking, the aftermath of Brexit, PSD2, the golden rule she lives by and more. “APIs are creating a Harry Potter moment,” Leda says. “For a long time, a lot of technology was not permitted for use in banks. Now, we can redesign what we do because new things are possible. It’s absolutely inspirational.” Enjoy the interview! If you like FinTech Insider, you’d make our week by leaving us a review on iTunes. The post Ep136 – Leda Glyptis, Banking & FinTech Legend appeared first on 11FS. The post Ep136 – Leda Glyptis, Banking & FinTech Legend appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy New Year from FinTech Insider! Wow, 2016 was an incredibly busy year for us. In addition to doing this podcast, in May we started a company called 11:FS, a fintech consultancy that helps banks become truly digital. One of our core beliefs is that digital banking is only 1% finished. What does that mean? Today we thought we’d recap, and share a little bit more about who we are at 11:FS. You’ll hear clips of us speaking individually at an event we co-hosted with solarisBank in Berlin not that long ago. Then we’ll kick it over to the group discussion we had with solarisBank Board Member Marko Wenthin. You’ll also hear from Andrea Rexer, Senior Editor at Sueddeutsche Zeitung. Hope you enjoy the show! We speak at events all over the world. If you’re keen to learn more, email us at [email protected] The post Ep135 – Digital Banking is Only 1 Percent Finished appeared first on 11FS. The post Ep135 – Digital Banking is Only 1 Percent Finished appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

Time to make fintech predictions for 2017! Will PSD II be the biggest disappoint of the year? How big will the challenger banks get? Is regtech the new fintech? We make predictions on all this and more. We’re joined by: David Birch, Director of Innovation, Consult Hyperion @dgwbirch Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep134 – FinTech Predictions for 2017 appeared first on 11FS. The post Ep134 – FinTech Predictions for 2017 appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

And now for part 2 of our 2016 FinTech Review — What a Crazy Ass Hear This Has Been. We discuss Pokémon (remember that?), the UK ringing in a new Prime Minister, the US electing Donald Trump as President, the Wells Fargo scandal, Facebook payments, China, and, of course, us starting the FinTech Insider podcast! Plus lots more. Sit back and enjoy our review of the major trends that shaped financial services for the second half of the year. We’re once again joined by: David Birch, Director of Innovation, Consult Hyperion @dgwbirch Izabella Kaminska, FT Alphaville blogger @izakaminska Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep133 – 2016 FinTech Review – What a Crazy Ass Year Part 2 appeared first on 11FS. The post Ep133 – 2016 FinTech Review – What a Crazy Ass Year Part 2 appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve had your holiday meals, now it’s time to digest 2016. What a crazy ass year this has been. Brexit. President Trump. Chatbots and fake news. Wells Fargo scandal. Hacks taking down elections and ecommerce. China becoming a fintech star. PSD II and the promise of APIs. So much happened in 2016, we’re splitting our review into two parts. Today, you’ll get a whistle stop tour of the major trends that shaped financial services for the first half of the year. We’re joined by: David Birch, Director of Innovation, Consult Hyperion @dgwbirch Izabella Kaminska, FT Alphaville blogger @izakaminska Ben Brabyn, Chief Executive, Investor, Advisor, Level39 @BenBrabyn Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep132 – 2016 FinTech Review – What a Crazy Ass Year Part 1 appeared first on 11FS. The post Ep132 – 2016 FinTech Review – What a Crazy Ass Year Part 1 appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode We’re back with Part 2 of our takeover of Monzo, one of our favourite challenger banks. In this episode, we dive into the details on how they’re creating a truly digital bank. You’ll learn how they’re organised, building technology from the ground up, fostering a culture of trust and learning (fun fact: they all have access to each other’s emails), what makes their design so special, why their community is so engaged, and more. Our guests Jonas Huckestein, Co-Founder and CTO at Monzo @Jonas Hugo Cornejo, Head of Design at Monzo @hugocornejo Leah Templeman, Head of Operations at Monzo @leahtemplewoman Monzo is hiring, you lucky ducks. Check it out. Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Ep131 – Monzo Part 2: The Road to 1 Billion Customers appeared first on 11FS. The post Ep131 – Monzo Part 2: The Road to 1 Billion Customers appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Field trip! This week we geek out at Monzo’s headquarters in London. Monzo is one of our favourite challenger banks, which they’re building from the ground up with help from thousands of customers. Their tagline: ‘Finally, a bank as smart as your phone.’ In this episode, you’ll learn how to build a digital bank Monzo style. Our guests: Jonas Huckestein, Co-Founder and CTO at Monzo @Jonas Hugo Cornejo, Head of Design at Monzo @hugocornejo Leah Templeman, Head of Operations at Monzo @leahtemplewoman “Everything has originated from a very, very small group of people, a year and a half ago,” Jonas says. “We had these very first prepaid cards, and we started inviting technology-savvy people in London to our offices for a hackathon to build cool things. We had a few hundred people like that, and then they told their friends, and then they told their friends…People would still consider themselves to be the members of a community as opposed to the users of a card that gives you free foreign transactions.” Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes–we love reading those reviews!!–and befriend us on Facebook and/or Twitter. The post Episode 130 – Monzo Part 1: How to Build a Bank appeared first on 11FS. The post Episode 130 – Monzo Part 1: How to Build a Bank appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Gary Turner is Co-Founder and Managing Director of Xero, which provides small- to medium sized businesses (SMBs or SMEs) with online accounting software. Forbes described Xero as the “World’s Most Innovative Growth Company.” In this episode, Gary talks about how he helped take Xero from a 3-person startup with £50,000 in revenue to a company that will have £150 million in revenue this year. He also shares his favourite productivity hacks, podcasts, and advice to those getting into fintech. “We have a saying at Xero,” Gary says, “It’s not the big that eat the small, it’s the fast that eat the slow.’ Focus on what it is you need to do, and do it really, really quickly. Don’t debate it, and don’t analyse it for three weeks, and don’t write a white paper on it, and don’t commission a survey. If you’re small, if you’re a startup, you can move at light speed, much quicker than anyone else can – use that advantage while you have it.” Gary Turner, Co-Founder and Managing Director at Xero @garyturner Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at [email protected] The post Ep129 – Xero: Giving 800,000 Business Owners Their Lives Back appeared first on 11FS. The post Ep129 – Xero: Giving 800,000 Business Owners Their Lives Back appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Business banking sucks, but it doesn’t have to, say this week’s stellar guests. The CEO of Tide and Co-Founders of xero and Penta join us to discuss how fintech is revolutionising SMEs (small- to medium sized enterprises/businesses). We talk to them about how fintech is giving business owners their lives back, simplifying processes, improving customer service, and saving them hours on admin every week so they can focus on growing their business. Work/life balance is a major problem for small business owners, who work their day job then spend hours on admin in the evening. Software and smart solutions created by our guests and other fintechs will solve that problem. “So your admin requirement is going to go away dramatically and you’ll get your life back. That’s my prediction for the next five years,” says George Bevis, CEO of Tide. Guests George Bevis, CEO of Tide @GeorgeBevis Gary Turner, Co-Founder and Managing Director at xero @garyturner Luka Ivicevic, Co-Founder at Penta @lukaivicev Ghela Boskovich, founder of FemTechGlobal @GhelaBoskovich (thanks for guest co-hosting, Ghela!) News this week Finextra – China tops fintech ranking Link International Business Times – The ‘fintech’ approach to data science and machine learning – Link Finovate – Santander investing in Tradeshift – Link TechCrunch – N26 launches in 17 more countries…but backs away from UK launch plans – Link Forbes – Amazon Go Ends Checkout Lines And Shoplifting, Begins A New Era In Retail – Link Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes – we love reading those reviews! – and befriend us on Facebook and/or Twitter. The post Ep128 – How FinTech is Revolutionising SMEs appeared first on 11FS. The post Ep128 – How FinTech is Revolutionising SMEs appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Onboarding a FinTech into a bank is expensive, due to acquisition and compliance costs, and the risks that come with different APIs. Railsbank, which goes live in early 2017, will give banks access to the FinTech world through one API. We talk to Nigel Verdon, CEO and Co-founder of Railsbank, about how his company serves as the glue between FinTechs and banks. Nigel Verdon, CEO & co-founder Railsbank, @nigelverdon Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at [email protected] The post Ep127 – Giving Banks Fintech Access Through One API appeared first on 11FS. The post Ep127 – Giving Banks FinTech Access Through One API appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Several of this week’s guests are part of the Financial Conduct Authority’s regulatory sandbox in the UK. The FCA created the sandbox as ‘safe space’ for startups and companies to test ideas before becoming fully regulated, saving them time and money. The objective is to encourage and deliver more effective competition in the interests of consumers. On the show, we’ll talk about the benefits of being in the programme, how the FCA sandbox works, and what it takes to get your company accepted. Guests this week Matt Herbert, Director of Strategy and Digital at British Bankers’ Association @HerbertMatt Hadi Kabalan, Managing Director at Otonomos for EMEA & the Americas @hadikabalan Gene Vayngrib CEO & Co-founder of Tradle @urbien Edward Maslaveckas, CEO & Co-founder at Bud @Ed_Masl News This Week £5 notes made from meat products – Link TechCrunch – Yes, the UK now has a law to log web users’ browsing behavior, hack devices and limit encryption – Link BBC – RBS worst hit in Bank of England stress test – Link Banking Tech – New UK challenger bank Masthaven opens digital doors – Link Royal Mint to issue digital gold Link The Hill – Apple, Google, Amazon ask Trump for focus on financial tech – Link The sandbox is open to firms from around the world, as long as they want to test in the UK market. Applications for the second cohort are open until January 19, 2017. To apply, email [email protected] or visit the FCA website. Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at [email protected] The post Ep126 – Building in the FCA Sandbox appeared first on 11FS. The post Ep126 – Building in the FCA Sandbox appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Hello, FinTech Insiders! This week we chat with two awesome guests leading innovation in different areas: blockchain and wealth management. Jeff Garzik, Co-Founder of Bloq @jgarzik Dave Bruno, Head of UBS WM Innovation @SuperDaveBruno Jeff — whom we definitely consider a blockchain godfather — shares how he got interested in coding, bitcoin, and blockchain, and how he sees this space evolving. Dave — aka ‘SuperDaveBruno’ on Twitter — talks to us about robo-advisors, digital wealth management, and why he’s always on the offense when it comes to innovation. Make sure you check out Dave’s YouTube channel. Such great fun and you’ll learn a ton. Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at [email protected] The post Ep125 – Blockchain’s Godfather & Wealth’s Superhero appeared first on 11FS. The post Ep125 – Blockchain’s Godfather & Wealth’s Superhero appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Wealth Management isn’t just for the super rich anymore. It’s opened up to everyone. But the reality is, most of us aren’t taking steps now to have a nice life in the future—or even to be able to retire. This week, our expert guests discuss how we can solve this massive social problem. We also chat about robo-advisors, creating offense in wealth management, digital wallets, and, of course, Metallica. Guests Dave Bruno, Co-Founder of YNOME and Head UBS WM Innovation @SuperDaveBruno Jonathan Hey, Head of User Experience at Nutmeg @jonohey Joe Parkin, Head of Wealth and Retail at iShares by Blackrock News this week Bloomberg – India’s Misguided War on Cash – Link Mashable – The Astronomical Rise of Mobile Wallets in India – Link Coindesk – Goldman Sachs and Santander Leaves R3CEV – Link Wired – Google is Amazing at Pictionary…Crowdsourced Machine Learning – Link Wealth Management – Envestnet Yodlee Strikes Partnership With Morgan Stanley – Link TechCrunch – German Online Wealth Management Platform Cashboard Scores €3M Series A – Link Wealth Management – Metallica Bassist Takes Equity Stake in RIA – Link For more about Dave Bruno, check out his YouTube channel. For more on Jonathan Hey, visit sketchplanations.com. For more on iShares by Blackrock, go to www.ishares.co.uk. Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at [email protected] The post Ep124 – Wealth: Robo-Advisors or Master of Puppets? appeared first on 11FS. The post Ep124 – Wealth: Robo-Advisors or Master of Puppets? appeared first on 11:FS. Special Guest: Joe Parkin. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Guests Sam Maule and Chris Gledhill are among the 100 most influential fintech leaders in 2016. Fun fact: Chris used to build software for submarines and Sam used to live on them. Sam is Director of Digital & FInTech at NTT DATA Americas @sammaule Chris is CEO and Co-Founder at Secco @cgledhill Enjoy the show! If you like what you hear, subscribe, review us on iTunes, and follow us on Facebook and Twitter. You can always email us at [email protected] The post Ep123 – FinTech Under the Influence appeared first on 11FS. The post Ep123 – FinTech Under the Influence appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Are chatbots the last bridge to true AI? Or are we getting excited over nothing? We discuss whether chatbots are ready for primetime, as well as the latest fintech news. Guests this week Sam Maule, Director of Digital & FInTech at NTT DATA Americas @sammaule Nigel Verdon, CEO & co-founder of Railsbank @nigelverdon Leysa Li, Head of Content at Railsbank @LesyaLi News this week ValueWalk – Future of FinTech [INFOGRAPHIC] – Link Business Insider – Chancellor Philip Hammond says UK is ‘global fintech capital’ as Nutmeg raises £30 million – Link Banking Technology – More branches and jobs to go at Lloyds Banking Group – Link City AM – Most fintech employees don’t value diversity in the workplace – Link Mattermark – AI Is The New New Thing (And It’s Taking Over) – Link Finextra – PayPal sends cash with Siri – Link HBR – Simple Digital Technologies Can Reduce Health Care Costs – Link Engadet – Twitter expands ‘mute’ and ‘report’ features to combat abuse – Link Why chatbots are the last bridge to true AI – Link Enjoy the show! If you like us, subscribe so you never miss an episode. And we’d love to see you on Facebook. The post Ep122 – I Like Chatbots and I Cannot Lie! appeared first on 11FS. The post Ep122 – I Like Chatbots and I Cannot Lie! appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Richard Brown, Chief Technology Officer at R3, started building a blockchain platform called Corda from scratch a year ago. The distributed ledger platform is different from other blockchain platforms in that it’s designed explicitly for and by the world’s financial institutions. R3 is a consortium of over 75 of the world’s largest financial institutions, and Richard Crook, Head of Innovation Engineering at RBS, sits on its steering committee. He crystallized the mission statement that led to the creation of Corda, which will be available November 30. We sit down with both Richards to talk about the current and future state of blockchain. Richard Brown @gendal Richard Crook@rickcrook The post Ep121 – Off the Chain! With R3 and RBS appeared first on 11FS. The post Ep121 – Off the Chain! With R3 and RBS appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Will Trump roll back regulation? Did chatbots swing the election? The 11:FS team discuss with three brilliant guests: Richard Brown – Chief Technology Officer, R3 – @gendal Richard Crook – Head of Innovation Engineering, RBS – @rickcrook Ajit Tripathy – Fintech and Digital Director, PWC – @triptananda Then these blockchain experts debate the fetishization of the distributed ledger technology, what blockchain really is, and where we’re headed. News this week Business Insider – Here’s what a Trump presidency means for US fintech – Link Wired – The Political Twitter Bots Will Rage This Election Day – Link Reuters – Exclusive: Goldman Sachs considers Frankfurt move over Brexit – Link BankNXT – Bank of America’s new chatbot is a higher form of intelligence – Link Bloomberg – A Warning for Fintech – Link ZDNet – Banco Sabadell: Fintech and platforms in transition – Link Motherboard – After 20 Minutes of Listening, New Adobe Tool Can Make You Say Anything – Link Enjoy the show! If you like us, subscribe so you never miss an episode. The post Ep120 – Will FinTech Survive Trump? Plus Blockchain’s Biggest Brains appeared first on 11FS. The post Ep120 – Will FinTech Survive Trump? Plus Blockchain’s Biggest Brains appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode 11:FS’ resident blockchain geek, Simon Taylor, is in heaven this week. Today we bring you ace interviews with Adam Ludwin, Co-Founder & CEO at Chain – @adamludwin Trent McConaghy, Founder & CTO of BigchainDB – @trentmc0 Later this week, we’ve got another fantastic blockchain episode with R3’s Richard Brown and other great guests. Chain is a blockchain technology company that partners with financial firms to build and deploy blockchain networks that transform markets. BigchainDB allows developers and enterprise to deploy blockchain proof-of- concepts, platforms, and applications with a scalable blockchain database. Simon, blockchain lead at 11:FS, is a globally-recognised blockchain subject matter expert and fintech Influencer. He serves as a trusted advisor to the UK government, Bank of England, tier 1 banks, asset managers, and investors. He also established Barclays as one of the leaders in blockchain and helped a variety of startups flourish through Barclays Tech Stars accelerator. The post Ep119 – Back on the Blockchain Gang! appeared first on 11FS. The post Ep119 – Back on the Blockchain Gang! appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Nothing scandalous happens in Vegas at Money20/20; let’s just get that out of the way. In its fifth year, Money20/20 is an event that people attend mostly to network and dance awkwardly at after parties. But in between those things, some great discussions happen. This year, financial inclusion was top of mind. Alipay surprised everyone with its announcement of going global. And Chris got a tattoo! Chloé James – of Sky News Australia and RFi – attended Money20/20 with Chris, and joined him and the other 11:FS lads to chat about it. News this week FT – See the companies included in the Future of Fintech Awards shortlist – Link BBC – Brexit court defeat for UK government – Link Reuters – UK fintech finds EU barriers emerging after Brexit vote – Link City A.M. – City passporting rights deal “unachievable” in Brexit negotiations, warns top EU financial lawyer – Link City A.M. – UK fintech pushes for its very own “Big Bang” moment – Link FinExtra – Mastercard releases blockchain APIs – Link American Banker – How Zcash Tries to Balance Privacy, Transparency in Blockchain – Link Business Insider – The fintech startup founded by ex-Barclays CEO Antony Jenkins has already done its first big deal – Link BBC – Facebook blocks Admiral’s car insurance discount plan – Link Also, hot off the press (or YouTube), check out Chris’ talk at Agenda FinXTech Summit Open Sourcing Finance: How FinTech Firms are Building a ValueWeb The post Ep118 Money20/20 What Happens in Vegas… appeared first on 11FS. The post Ep118 Money20/20 What Happens in Vegas… appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Our first podcast dedicated to FinTech Insider Interviews features InsurTech influencers Freddy Macnamara and Mathilda Strom. Get Insured for an Hour (or more) on a Friend’s Car Freddy Macnamara, Founder and CEO of Cuvva, gives us a behind-the-scene’s look at how buying car insurance works, and how his InsurTech company has managed to cut out the intermediaries. “James, our co-founder, and I got an office in an incubator called Codebase in Edinburgh, and we hired a couple of contractors, raised a small seed round…and thought, right, what does the perfect insurance distribution platform look like? And we made a point of not talking to any industry veterans, so we could start from first principles – and what we’ve ended up with is a system where the customer is the defining feature of the database, rather than the policy.” Protecting the Future of Every Family Deputy CEO Mathilda Strom has helped Bima grow from a pilot in Ghana to an organisation bringing health, accident, and life insurance to millions of people in emerging markets. Bima is a leading InsurTech player that uses mobile technology to disrupt the global insurance industry and fuel financial inclusion. “About a year ago, we paid out a claim to a woman in Pakistan…she has four children, and she lost her husband in a tragic, drive-by shooting. She then received, within two days of giving the death certificate of her husband to us, $3,000 from Bima as a claims payout, and she was then able to send her eldest son to graduate school, and then have enough money left over that she could support the rest of her children for up to two years in salary that her husband could otherwise have been able to contribute to the family. So this really does make a massive impact on the lives of the people that we’re serving.” The post Ep117 – InsurTech: Saving the World, Saving You Money appeared first on 11FS. The post Ep117 – InsurTech: Saving the World, Saving You Money appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode InsurTech has dominated financial headlines lately. ‘Should the insurance sector be worried?’ Yes, say our guests! In fact, the very question is absurd. Listen to the experts who joined us: Leda Glyptis (@LedaGlyptis) – Director, Sapient Global Markets; Freddy Macnamara (@_freddymac) – Founder and CEO of Cuvva; Nigel Walsh (@nigelwalsh) – Partner at Deloitte News this week Financial Times – China challenges London’s FinTech lead Link FT Adviser – Minister pledges fintech sector support post-Brexit Link Mirror – Cheeky eBay user selling plastic £5 note ‘printed upside-down’ for £65,000 Link Finextra – Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018 Link Amazon Executives Are ‘Pleased’ With Results of Retail Bookstores So Far LINK Big DDoS attacks hit Amazon Web Services customers, but Jassy assures cloud is secure LINK Clydesdale ‘makes an offer to RBS for Williams & Glyn’ – BBC News LINK Got a burning question or just want to shout of how much you’re loving what’s in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep116 – InsurTech. The New FinTech? Discuss. appeared first on 11FS. The post Ep116 – InsurTech. The New FinTech? Discuss. appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode FinTech is heating up in the Nordics, where 11:FS’s Chris Skinner chairs the Nordic Finance Innovation Group. The region is punching above its weight in terms of innovation (Spotify and Skype, anyone?). You’ll hear interviews from Iren Tranvåg (@IrenTranvaag) – CEO at Nordic Finance Innovation; Søren Rode Andreasen (@RodeAndreasen) – Development Director for Core Banking at Danske Bank Group; Jarkko Turunen (@jarkkoturunen) – Head of Open Banking at Nordea; and Sergii Danylenko, Marketing Director at PrivatBank. We’re also joined by FinTech journalist Anna Irrera (@annairrera). News this week Finextra – The bank of the future will be invisible Link Reuters – Blockchain platform developed by banks to be open-source Link Coindesk – Hopes Are High Tomorrow’s Ethereum Fork Won’t Be Like the Last Link Finextra – New EU rules could cost UK firms £122bn in cybersecurity fines – PCI SSC Link Economist – Hide and seek: Bangladesh’s missing millions Link Forbes – Survey On Consumer Attitudes Toward Fintech Spells Trouble For Banks Link Quartz – Twitter fired its new VR manager because of something he posted to Facebook years ago Link The Nordic Web – The Q3 2016 Nordic Exit Analysis Link Got a burning question or just want to shout of how much you’re loving what’s in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep115 – Nordic FinTech: Thor the Win appeared first on 11FS. The post Ep115 – Nordic FinTech: Thor the Win appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode This week we had the pleasure of talking to some global thought leaders about a topic that is on everyone’s mind; APIs. This week we are joined by Leda Glyptis (@LedaGlyptis) – Director, Sapient Global Markets, Megan Caywood (@MeganCaywood) – Director of Marketplace Platform at Starling Bank, Markos Zachariadis (@MarkosZach) – Assistant Professor at Warwick Business School & Research Fellow at the University of Cambridge and Alex Lipton – Connection Science Fellow at MIT Connection Science News this week FT – Big banks miss out on FinTech investment opportunities : LINK Banking Tech – MasterCard and SolarisBank partner for digital banking push : LINK Finextra – UK banks lag behind rest of high street on customer experience – BookingBug : LINK Telegraph – Bank of England’s Mark Carney and Philip Hammond in bank ‘war game’ : LINK BBC – RBS squeezed struggling businesses to boost profits, leak reveals : LINK Express – Which banks are getting most complaints from YOU? : LINK Forbes – Why The Teacher Of The Future Will Be Neither Man Nor Machine : LINK Got a burning question or just want to shout of how much you’re loving what’s in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep114 – Yipi-API-yay: open platforms, marketplaces and next-gen banking. appeared first on 11FS. The post Ep114 – Yipi-API-yay: open platforms, marketplaces and next-gen banking appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode This week we had the pleasure of talking to some global thought leaders in the space of Financial Inclusion. This week we welcome onto the show Kosta Peric (@copernicc) who is the Deputy Director, Financial Services for the Poor at Bill & Melinda Gates Foundation. We have Faith Reynolds who is a Member of the Financial Innovation Standing Committee CWG at ESMA. We have Jaz O’hara the founder at the World Wide Tribe (www.theworldwidetribe.com) and lastly we have Lynsey Barber (@lynseybarber) who is the Tech Reporter for City A.M. We’ve a huge show for you chatting through some of the main issues surrounding Financial Inclusion. News this week FT Banks are not making proper use of Fintech Finextra – ING to spend EUR800M on Digital and Shed 7,000 Jobs Link Reuters – Deutsche Bank in race to settle DoJ $14Bn Fine Link FT – Start-up WB21 Moves to Berlin but not all is as it seems Link Finextra – Banks ready for real world Blockchain Link PYMNTS – AliPay launching in three London Stores Link Techcrunch – Grow launches its App for Socially Responsible Investing Link The Memo -Moni Gives Financial Inclusion and dignity to European Migrants and refugees Link Euromoney FInancial Inclusion is changing the face of banking Link Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep113 – Financial Inclusion: Banking The Next Billion. appeared first on 11FS. The post Ep113 – Financial Inclusion: Banking The Next Billion appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode This week we had the pleasure of visiting Berlin, an incredible, vibrant and historic city, now becoming a global Tech and FinTech Hub. We bring you the brightest and best from the Berlin FinTech scene. Your hosts, as always, is David Brear (@davidbrear) and Jason Bates (@JasonBates) Simon Taylor (@sytaylor) and Chris Skinner (@Chris_Skinner). We’re joined by our kind hosts from Berlin Marko Wenthin (@solarisbank) and Philipp Blankenagel (@Pblankangel) We interview Valentin Stalf (@valentinstalf) the CEO of the Red Hot N26 Challenger Bank Then we finish up with an interview with a really interesting concept from Oliver Neumann of OptioPay (@otneumann) News this week Economist – Central Banks Taking it to 11 : LINK The Guardian – Global Banking Shares Dive among $14bn Deutsche Bank Fine : LINK The Verge – Elon Musk: First humans who journey to Mars must ‘be prepared to die’ : LINK Telegraph – Almost 5,500 firms use passports to access EU from UK : LINK Connected to this one.. Standard – Sadiq Khan confirms ‘London work permit’ plans to stop post-Brexit exodus : LINK Accenture creates editable blockchain – LOL Business Insider – Scaleable Capital attracting 4m Euro per week in deposits : LINK Fast Company – Simple launches dual card thing : LINK Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep112 – The Secrets of Berlin Fintech Superstars appeared first on 11FS. The post Ep112 – The Secrets of Berlin FinTech Superstars appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode We have an awesome show for you this week talking to some of the most innovative people changing the way some of the largest banks on the planet operate. Your hosts, as always, is David Brear (@davidbrear) and Jason Bates (@JasonBates) with an by interview Simon Taylor (@sytaylor) but with Chris Skinner (@Chris_Skinner) MIA this week. We welcome back Anna Irrera (@annairrera) – Fintech reporter for Financial News, Dow Jones as well as Mariano Belinky (@belimad) and Pascal Bouvier – (@pascalbouvier) from Santander InnoVentures talking about their fund and how things work in Santander. We interview Shamir Karkal (@shamir_k) the former founder and CEO of Simple and now the Head of APIs for BBVA. Lastly we talk to Neal Cross (@Neal_X) – Chief Innovation Officer at DBS Bank about the transformation he has spearheaded at DBS as well as what its like to be crowned the most innovative CIO on the planet. News this week REUTERS – Wells Fargo seeks to shore up reputation in wake of scandal : LINK eFinancial News – Citi fintech acceleration head departs : LINK FT – UK Regulators are the most FinTech friendly : LINK REUTERS – Hong Kong to launch banking fintech ‘sandbox’ as rivals pull ahead: LINK Finextra – Singapore and Switzerland forge FinTech pact : LINK FinNews – CBA and Barclays Reveal Long Distance Fintech Solution : LINK Business Insider – Facebook has announced messenger payments – AGAIN : LINK (plus Alexa, iOS10, imessage apps, loads of stuff this week) BBC – Bank of England to buy Apple bonds : LINK New Chewable bank note : Link Coin Desk – Big Banks Invest $55 Million in Blockchain Startup Ripple’s Series B : LINK Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep111 – Interviewed: The innovators really changing banking. appeared first on 11FS. The post Ep111 – Interviewed: The innovators really changing banking appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we have a marathon of a show focussing on AI, Bots, Machine Learning and everything else augmented. Your hosts, as always, is David Brear (@davidbrear), Jason Bates (@JasonBates), Simon Taylor (@sytaylor) and Chris Skinner (@Chris_Skinner) We have a fantastic lineup this week of guests with; Devika Thapar (@DeeThapar) – Financial Services Leader, IBM Watson, Dr. Ella Rabener (@ella_rabener) – CMO of Scalable Capital and Ereli Eran (@ereli) – Senior Data Scientist at Ravelin. We hope you enjoy the show Key stories this week: IB Times – Barclays completes the world’s first live, end to end trade finance transaction with a live customer on Blockchain : LINK QZ.com – Alphabet, Amazon, Facebook, IBM, and Microsoft are creating the Justice League for AI : LINK Technology Review – MIT report – AI Wants to Be Your Bro, Not Your Foe : LINK Polygon – Watch the first ever movie trailer made by artificial intelligence : LINK Venture Beat – Are chatbots an evolution or a revolution? : LINK Venture Beat – Apple pushes its AI expert hiring spree into overdrive : LINK The Drum – David Ogilvy’s first interview since he died? Possibly not but Watson and The Drum prove his ideas are still alive : LINK Venture Beat – A Microsoft chatbot is insulting people again, and that’s a good thing : LINK Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep110 – Will AI change the world of Banking? appeared first on 11FS. The post Ep110 – Will AI change the world of Banking? appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we are unpacking some of the latest and greatest breaking news with Ed Maslaveckas (@Ed_Masl) and Jamie Campbell (@JCtheOriginal). We are also joined by the fantastic Lawrence Wintermeyer (@lwintermeyer) who is the CEO of Innovative Finance. Key stories this week: Independent – Apple tax: UK says it welcomes any company after tech-giant hit with £11bn Irish tax bill : LINK Fortune – Beware of Blockchain Hype Says Chain CEO Adam Ludwin : LINK Coin Desk – IBM Bridges Blockchain, AI With New Business Unit : LINK Australian Financial Review – ANZ Bank ups cloud focus with open networks for fintech collaboration : LINK Business Insider – Oscar – City CEO: ‘The whole banking model is a bit broken’ and at risk of an Uber moment : LINK Telegraph – Jeremy Corbyn has a plan to ‘democratise the internet’. But does he even understand it himself? LINK Monzo – Mondo is now Monzo : LINK If you enjoyed this episode, please subscribe using your favourite podcasting app and leave us a review on iTunes or the podcast platform of your choosing Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on Twitter @FinTechInsider or @11FSTeam, or email on [email protected] The post Ep109 – The Secret to UK FinTech Success appeared first on 11FS. The post Ep109 – The Secret to UK FinTech Success appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

Key stories this week: Finextra – BBVA says EU Bonus Cap hampers tech talent acquisition : LINK Tech Crunch – LendUp secures $47m to build the “Friendly dolphin” not loan shark of credit cards : LINK Coin Desk – Bitfinex to issue company equity (?!) to refund customers of hack : LINK Coin Desk – One month after the DAO hack millions of dollars worth of funds unclaimed : LINK Coin Desk : Digital Asset to open source “smart contract language” : LINK If you enjoyed this episode, please subscribe below using your favourite podcasting app! Got a burning question or just want to shout of how much you’re loving whats in your ears right now? Contact us on @FinTechInsider or @11FSTeam. The post Ep108 – Everything Blockchain. Ever. appeared first on 11FS. The post Ep108 – Everything Blockchain. Ever. appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices

Key stories this week: Alibaba Makes VR Payments Play : LINK Standard Chartered rolling out Touch ID across APAC and MEA : LINK Fenqile gets $235M to get people paying in “happy installments” : LINK Hong Kong start-ups starved of banking services : LINK 15 R3 Members Trial Distributed Ledger Tech for Trade Finance : LINK ANZ hire Maile Carnegie from Google – doomed to fail? – LINK If you enjoyed this episode, please subscribe below using your favourite podcasting app! The post Ep107 – Why Asia-Pacific will rule the Fintech world appeared first on 11FS. The post Ep107 – Why Asia-Pacific will rule the Fintech world appeared first on 11:FS. Learn more about your ad choices. Visit megaphone.fm/adchoices