Payments Innovation

In retail, digital transformation is everywhere and obvious. You buy a product online, it gets delivered to your home. No more browsing aisles or waiting in checkout lines.But B2B lags behind — especially when it comes to subscriptions. Why is that? Today’s guest, Daniel Saks, President & Co-CEO at AppDirect, says it’s all to do with the demands of the digital supply chain. And at AppDirect, he’s helping companies meet those demands. What we talked about:- AppDirect’s place in the digital supply chain- Why recurring digital goods are so different from one-time physical goods- How embedded finance is impacting digital supply chainsTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time!Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player. Hosted on Acast. See acast.com/privacy for more information.

Remote work leveled the playing field for working moms.The dogs, babies, and kids showing up in Zoom chats have revealed the human side of our colleagues. Shouldn’t we be thinking about creating a more flexible, sustainable, and human work environment for everyone?After all, every one of us can do something to challenge the norm.This International Women's Day, women in technology have the opportunity to lead the challenge by being visible and vulnerable according to Neve Taylor, Equality, Diversity and Inclusion Leader & Chief Storyteller at Together Equal, and Chiedza Muguti, Head of Product at Penta, a digital business bank platform. In part two, we talk with Annika Allen of global diversity and inclusion at Barclays. What we talked about:-The specific skills women bring to FinTech-What's most rewarding about flexibility and remote work-What women can choose to challenge this yearTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

These days, everything we could ever need is a click away. From groceries to furniture, every purchase is on-demand… Shouldn’t our paychecks be, too? After all, your money is yours when you’ve earned it — not when your employer pays it. That’s what motivates Matt Kopko in his role as Vice President of Public Policy at DailyPay, a fintech company making the monthly obsolete by giving employees access to wages they’ve already earned whenever they need them. What we talked about:Why the monthly paycheck is antiquatedWhy no one should have to take out payday loansHow DailyPay enables on-demand paymentsTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

SMEs face a unique set of challenges and risks that traditional banks have historically been weary to take on. But thanks to fintech, SMEs have never been better served. Sometimes, disruption is the only way to achieve financial inclusion. In our latest episode, we speak with Pedro Pinto, Head of Growth at Neat, one of the fintechs spurring on the financial inclusion revolution and helping SMEs increase their chances of success.We discuss:Why SMEs have been traditionally seen as riskyHow fintech has fueled financial inclusionThe long-term ramifications of COVID-19 for SMEsTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time!Listening on a desktop & can’t see the links? Just search for Payments Innovation in your favorite podcast player. Hosted on Acast. See acast.com/privacy for more information.

GPI stands for global payments initiative. Think: the Amazon parcel tracking equivalent in the international payments space.Is SWIFT gpi about to go the way of the dinosaur? That’s what we’re here today to debate.In this episode of Payments Innovation, host Richard Arundel, Co-founder & Chief Evangelist at Currencycloud catches up with David Birch, author and FinTech thought leader, and Piers Marais, Product Director at Currencycloud. Richard, Dave, and Piers discuss...The 4 benefits SWIFT gpi affords to end usersWhy SWIFT gpi might actually be the Cutty SarkHow FinTech will look in the near futureCheck out these resources we mentioned in the show:White paper referenced at [2:44]Dave’s book is The Currency Cold WarSubscribe to FinTech Today here, and find Dave at www.chyp.com and Piers at www.currencycloud.com.To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time!  Hosted on Acast. See acast.com/privacy for more information.

It’s a global phenomenon: People are being more cautious with their finances.Last year brought home the importance of saving, investing, and getting out of debt. Everyone deserves access to tools to help them achieve financial wellness.(Good news — there’s Plum.)In this episode of Payments Innovation, host Lauren Passey chats with Thanos Bismpigiannis, Head of Product at Plum Fintech, about financial wellness and resiliency. The two discuss… Why financial wellness is what customers need mostThe process for building financial resilienceAutomation in wealth-techConnect with Thanos on LinkedIn or Twitter, but first download Plum.To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time!  Hosted on Acast. See acast.com/privacy for more information.

Is the rise of neobanks another case of out with the old, in with the new? Not necessarily.Traditional community banks have the opportunity to leverage their funds and connections in the new world of Banking as a Service (BaaS). Not to mention, there’s still plenty of space for fintechs to partner up with established players and go to market.In this episode of Payments Innovation, host Chris D’Antuono catches up with Founder & CEO of the only BaaS consultancy in the U.S., Cokie Hasiotis. The two discuss… 3 key insights for fintechs in Banking as a ServiceWhy American BaaS providers should go more nicheThe future of customized bankingSubscribe to FinTech Today here and follow Cokie on Twitter @cokiehasiotis.To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

These days, we are one click on a smartphone away from buying anything we need.Everything is immediate. Well, except for the money we’ve earned. But thanks to innovations like Earnings On Demand, that’s changing. In this episode, I sit down with James Herbert, Founder & CEO at Hastee, to find out how his company is helping people unlock the money they’ve earned when they need it. What we talked about:The outdated way we are paidWhy the link between effort and reward needs to be more obviousHow Earnings On Demand helps workers and companies alikeTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

The pandemic may have accelerated it, but the remote revolution is upon us. It’s unlikely that work will ever be the same again. But if remote work is here to stay, we need the financial tools to fuel it. In today’s episode, I speak with Sahin Boydas, CEO & Founder at RemoteTeam.com, about the pros and cons of remote work and the role of fintech in the new world of work.What we talked about:The advantages of working from homeWhat to watch out for in remote workWhy fintech is essential for a distributed workforceTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

No matter what vertical you’re in, small businesses are always looking for ways to save money and — ultimately — time. One big time suck? Back office administrative duties.Claudio Romano, Founder & CEO of ORCHID B, has set out to help new SMEs navigate administrative duties and manage all back office operations in one single platform.In this episode of Payments Innovation, Claudio discusses… Why operating an SME is so complicatedHow ORCHID B takes new owners from anxious to competent forecastersThe #1 role new SMEs need to be filledTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

Financial innovation is happening at a record pace.But when it comes to small businesses…If you aren’t solving their cashflow problems, nothing else matters. In today’s episode, I speak with Derik Sutton, VP of Marketing at Autobooks, to learn why cash flow is everything when it comes to small businesses. What we talked about:The cashflow problem for small businessesHow fintechs have squeezed out banks for depositsThe different incentives for banks and fintechsTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

Financial literacy is one of the most crucial things to master for anyone. If you want good outcomes in life, it pays to understand money. Yet, we aren’t teaching our kids finance — at home or in school. Benjamin Nachman, Founder & CEO at Jassby, is trying to change that. His company is offering banking services for kids as young as 8 years old that will help parents teach financial literacy — without any boring lectures. In today’s episode, he joined me to discuss:Why finance isn’t being taught to kidsHow Jassby can helpHow he’s planning to teach long-term financial wellnessTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

Those who innovate in trying times are often the names that stick around. Everyone agrees this year has been more trying than most. But it could have been a whole lot worse without the innovators leading us through. And when it comes to finance, Paul Golding, Senior Equity Research Analyst at Macquarie Group, has studied all the innovators making a difference in these uncertain times. He joins me on the show to share his insights on the world we find ourselves in for 2020 and beyond. We discuss:The biggest impacts COVID-19 is having on SaaS marketplacesWhy debit use is exploding and credit has declinedHow PayPal has positioned itself post-pandemic To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Hosted on Acast. See acast.com/privacy for more information.

When was the last time you dealt with a government agency?The experience is rarely something to write home about.But when it comes to payments, that could be changing. That’s because Danny Shader, CEO at PayNearMe, is reinventing the payment experience for government agencies. He joined me on a recent podcast to talk about how PayNearMe’s new platform is helping to make dealing with the government a little easier. In this episode, we discuss:How to fix less-than-stellar payment experiencesWhy consumer expectations for payments are at an all-time highPayNearMe’s growth philosophyTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Hosted on Acast. See acast.com/privacy for more information.

Most people think they’re bad at banking, but they’re not. People just don’t take the time to develop better financial habits because, well… Banking is boring.But Steve Le Roux, Founder & CEO at Envel, thinks he can change that. His company is tapping into behavioral science to reward people for banking better — and not rewarding the bank when they don’t. In this episode, Steve explains:How the broken banking system inspired EnvelHow behavioral science and AI can fix itWhy user experience is everythingTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

One of the biggest challenges for small businesses is accessing capital. Weeks can pass before sales result in payment — especially for online merchants. But what if there was a way to access that money as soon as you make the sale?That’s exactly what Keith Smith, Co-Founder & CEO at Payability, is bringing to small businesses, allowing them to unlock that capital and use it when they need it. In this episode, we discuss how Payability addresses:The capital concerns for small businessesThe hard-hit sector of online-only businessHow to provide capital for entrepreneurs with weak creditTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

With so much uncertainty in the pandemic… The last thing anyone wants to worry about is getting paid. Luckily, like everything else digital, the pandemic is accelerating existing trends. And that’s making it easier for everyone to get paid when they need it. My guest today is Andrew Garner, Senior Vice President/General Manager, Business Partnerships at Netspend, where he’s helping solve payroll problems for the pandemic and beyond.In this episode, we discuss:How the pandemic is affecting payrollExisting trends that are being accelerated by the crisisThe future of payrollTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

In the payments space, there’s one area that shouldn’t be overlooked:Digital gifting.It’s a rapidly growing area of payments. And with that growth comes innovation. In this episode, my guests are two of the people driving that innovation: Brett Narlinger, Head of Global Commerce, and Helena Mao, VP of Global Product Strategy, from Blackhawk Network. We discuss:How the gifting world is changingThe effect COVID-19 has had on giftingHow the demographics for digital gifting have changedTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

Your product has one purpose…Solving a customer’s problem. But what do you do when they don’t even know they have a problem?That’s a challenge Mark Ridley, Co-Founder & Managing Director at Green Shoots FX, tackled in starting his FX company. He joins the show today to share the lessons he’s learned in launching Green Shoots.We discuss:How to educate your customersHow to enter a crowded marketWhat to do about your customers’ other problemsTo ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

How you treat your customers matters. But for many banks, the level of service you can expect is direct correlated to your account balance. That needs to change.And Archie Ravishankar, Founder and CEO at Cogni, is on a mission to do just that. At Cogni, he’s rising to the challenge with a platform to help the underserved, Gen Z and everyone else with their financial needs. What we talked about:-Why customer service matters-Why Gen Z are an important demographic to reach-How digital banks are shaking up finance.To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube!Until next time! Hosted on Acast. See acast.com/privacy for more information.

Thinking about innovation, it’s easy to conjure technologies that transformed the world we inhabit. Cars drive by. Planes fly overhead. Skyscrapers tower over our cities. But sometimes the most transformative innovations are the ones that go unnoticed. And that’s especially true for payments. In today’s episode, I speak with Alex Reddish, Chief Commercial Officer at Tribe Payments, about how the future of payments will unfold. We discuss: -Why the best innovations in payments are often invisible -The role of partnerships in payments -Why we need regulation and education To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Hosted on Acast. See acast.com/privacy for more information.

International payments has been a hot topic for a long time. But for those blazing new trails, there’s a lot to consider. What do you prioritize before hitting the market? To answer this question, I chat with Alex Arnold, Founder at Dunbridge Financial, to find out the most important considerations he had before launching earlier this year. Alex explains: -Why traditional banks are deficient (and sluggish) on payments -The 3 key go-to-market considerations for Dunbridge -How to plan ahead and grow the right way To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy for more information.

Open banking is being embraced by banks and fintechs alike. It’s still young, but it’s evolving at light speed. And pretty soon, it’ll be woven into the fabric of everyone’s financial lives. In today’s episode, Rafa Plantier, Country Manager, UK & Ireland at Tink, covers what you need to know about the open banking transformation. He explains: -Why open banking is a more inclusive way of offering financial services -Why partnerships are the key to success for banks and fintechs -How open banking and newer payment solutions will become standard To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy for more information.

In today’s episode, I’m excited to introduce two new Payments Innovation hosts from Currencycloud’s EMEA team. I’m joined by Lauren Passey, Sales Director, and Alex Barr, Senior Sales Consultant, to discuss why they want to host, what’s exciting them in finance overseas and what to expect in their upcoming episodes. To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy for more information.

Why are some developers opting for an open-first model? Well, there are many benefits, but one stands out: Community. That’s why Wade Arnold, Founder and CEO at Moov.io, opted for an open-source approach to building the company’s portable platform for embedding banking services in any application. In this episode, Wade and I discuss: -How Moov are moving finance forward -Why open-first made sense for the platform -What fintech really means — now and in the future To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy for more information.

Consumer products these days are sleek. So, why do business products look like they were all made in preparation for a 19th-century world fair? Hamed Abbasi, Co-Founder & CEO at Plooto, is on a mission to prove there is no reason business products can’t be just as sleek. In this episode, we discuss: -How Plooto is innovating accounts payable and receivable -Why most business products create a terrible experience -How to make complex products easy to use To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Hosted on Acast. See acast.com/privacy for more information.

If you want to succeed… You have to always put your customers’ needs first. And partners are a great way to do that. Just ask Johanna Pugh, MD North America at Mambu, an innovative fintech that has broken into new markets and stayed customer-centric by leveraging their partner ecosystem. In this episode, we discuss: -How partners help you stay focused on the customer -Why the customer is all you need to worry about -How partners help you break into new markets To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy for more information.

Falls Fintech almost didn’t happen. The 12-week accelerator program started on March 9th, 2020. By March 13th, participants had to pack up and go. But the story doesn’t end there… What kind of fintech entrepreneurs would let a little thing like a global pandemic stop them from innovating? In today’s Challenger Series episode, I’m excited to be joined by 3 amazing guests involved with the accelerator program: Nikkee Rhody, SVP, Co-Founder and Managing Director at Falls Fintech and Vice President - Product Development & Marketplace Strategies at Central Payments. Fonta Gilliam, CEO and Co-Founder at Invest Sou Sou. Rishi Chand, Account Manager at Mastercard. We discuss: -How Falls Fintech started -How they overcame the pandemic -What the post-COVID-19 future holds for fintech To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Hosted on Acast. See acast.com/privacy for more information.

To partner or not to partner. That’s the question. As a fintech company, you’ve made the decision to expand your offering through a partnership. What does the partnership look like? How much control are you going to be giving up? What are the things you need to be thinking about when making decisions around partnerships? It can all be a bit (okay, a lot) confusion, which is why on this episode of the Payments Innovation podcast, we got to sit down with Marcel Klimo, Tech Evangelist at Vacuumlabs, for a conversation all about, among other things: -Technology in fintech partnerships -The decisions you need to be making -The agile approach, -Monolith vs. microservices To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or here and don’t forget to check out our YouTube! Until next time! Hosted on Acast. See acast.com/privacy for more information.

Open banking seems like it’s been just around the corner for years. Now it’s here… But most organizations are still a little scared to move into it. Why? To find out, I caught up with Phil Peters, EVP/Chief Operating Officer & Head of Institutional Banking at Radius Bank, a company who’ve embraced open banking with open arms. In this episode, Phil explains: - Why Radius moved into open banking - How embedded finance is shaping the future - What makes a winner (and why there will be many) To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

Open banking seems like it’s been just around the corner for years. Now it’s here… But most organizations are still a little scared to move into it. Why? To find out, I caught up with Phil Peters, EVP/Chief Operating Officer & Head of Institutional Banking at Radius Bank, a company who’ve embraced open banking with open arms. In this episode, Phil explains: -Why Radius moved into open banking -How embedded finance is shaping the future -What makes a winner (and why there will be many) To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

Debundling has had a huge role in fintech’s rise. But that era is over… Welcome, everyone, to the era of rebundling. In today’s episode, Ben Soppitt, Founder of Unifimoney, explains why the time has come for fintechs to start rebundling everything they’ve debundled. He goes over: -Why fintechs debundled in the first place -Why it’s time to rebundle -Why Unifimoney caters to the affluent To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

Over the last decade, consumers have embraced the rising quality of personal loans fueled by smaller, more nimble technology. Given the economic uncertainty around the pandemic, will that appetite fizzle out or burn well into the future? To find out, we spoke with Scott Satov, Chief Executive Officer at Loans Canada. He went over: -Loan Canada’s part in the rise of personal loans -How technology has shaped the personal loan market -The present (and future) state of personal loans To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

It took a global pandemic. But I think everyone realizes it now. Innovation is no longer a choice. It’s a necessity. And that’s why we’re happy to announce the launch of even more Payments Innovation podcast. That’s right, we have 3 new series launching so you can keep up with every aspect of innovation in the fintech world. Rich Arundel, General Manager at Currencycloud, will be hosting #embeddedfinance, which takes a look at the future of payments. Chris D'Antuono will be hosting #challengers, getting in-depth with the shifting landscape of challenger banks. Cara Hayward, Director of Strategic Partnerships, North America, will be hosting #fintechcaraoke, a series looking at the absolutely vital world of alliances in fintech. To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

Banks have finally caught on to something we’ve known for a while… The future of finance is digital. As they close ATMs and move online… They’re realizing just how many companies got their first. Companies like SHiFT Connect, a major player in international FX and payments. I caught up with Kevin Copping, Institutional Sales and Marketing Manager, to go over how SHiFT is preparing for the coming of the cashless, digital world. Kevin covered: -What SHiFT is doing globally -Why the world will inevitably cashless -What shifted for SHiFT and FX under COVID-19 To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

The world has changed so much in 50 years… So why is it credit cards remain almost the same? There must be a better way to do credit. But how? Nitya Sharma, Co-Founder & CEO at Simpl, has created a buy now, pay later service he is confident will shake us from our out-dated credit-card dependency. I caught up with Nitya to find out how services like Simpl might just be the final nail in the coffin of credit cards. He covered: -How the Indian financial landscape inspired Simpl -Why credit cards are becoming obsolete -Why Simpl is thriving during COVID-19 To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

Once you master something, it’s natural to want to help others master it, too. It’s a rewarding experience of giving back, whether it’s a game, a musical instrument… Or building a Fintech. On today’s show, I caught up with Mike Kane, Co-Founder at Hydrogen, the Fintech enablement platform that has made it easier than ever before to build a Fintech from scratch and get to market in record time. What we talked about: -How Hydrogen came to be -How they help you avoid siloed systems -Why simplicity matters To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

You’ve created an amazing financial brand. You have big ideas and so much work to do. But now you have to worry about everyone’s favorite topic: Compliance. OK, it’s not the sexiest topic and, if you don’t know what you’re doing, it can end up taking over all of your time. Luckily, on today’s show, we have Matt McGuire, Co-Founder and Practice Leader at The AML Shop. He’s here to explain how his company makes it easier for companies to spend more time on their business and less on making sure they are compliant. Matt goes over: -How you should think about compliance -How companies like The AML Shop address compliance issues -How to approach compliance across borders To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

Philanthropy is not just a hobby of the well-to-do. You don’t need a monocle, furs or a top hat to give. Thanks to modern financial technology, everyone can be a philanthropist. And your company would do well to join in. To explain why, I invited Dale Nirvani Pfeifer, CEO & Founder at Goodworld, onto today’s show. Goodworld offers a whole ecosystem of modern ways to charitably give — including tools to help your business increase its impact. What we talked about: -How Goodworld came about and is modernizing philanthropy -Why the purpose of a corporation is being redefined -How philanthropy is impacted by social media and millennials Check out these resources we mentioned during the podcast: www.cheerfulgiving.com www.business.goodworld.me To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

A lot of businesses are like a Ferrari with wagon wheels. Well-oiled machines held back by one outdated component. And for a lot of businesses, that component is accounts receivable. On the show today, I’m joined by Garima Shah, President of Biller Genie, a company dedicated to modernizing those janky wooden wheels and bringing them in line with the rest of the car. What we talked about: -The problem with current accounts receivable processes -Why paper checks should go the way of the dodo -How to operate a fintech without touching the flow of funds To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

In the US, it’s hard to top the pilgrims for a national identity story. It’s an enduring symbol of a country worth struggling to live in. But those struggles never really went away — they just modernized. Modern problems require modern solutions, which Joaquín Ayuso de Paul, GM at Rayo, and his team are helping to provide with their global bank account. He came on the show today to explain the significant financial hurdles immigrants face and why modern fintechs are better equipped to solve them than legacy banks. What we talked about: -The financial pain points immigrants navigate -How Rayo is helping US immigrants solve them -How to find the perfect partner and provide value to a niche audience To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

Do you ever use to think about the journey your $20 bill took to find your wallet? The places it’s been. The things it purchased. The hands it passed through… Well, I guess we’re all thinking about that last one now and opting for contactless payments. But that’s just one of the ways COVID-19 is ratcheting up existing financial trends. That’s why we invited Jennifer Worley, SVP Product & Marketing at Meta Payment Systems, on the show today. She’s been studying the payments trends surrounding the COVID-19 crisis and came on to share what she has learned. Jennifer explained: -How social distancing has renewed the urgency for contactless payments -Why traditional distribution models don’t work under in today’s crisis -Why businesses are rethinking how to get cash to people who need it To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

The pandemic is like an advertisement for the Boy Scout motto: Always be prepared. Yet, financially, few Americans are. Most have less than $500 in savings! They need to follow the Boy Scout credo. And they need Fintech to do it. And my guest today, Ahmed Siddiqui, Head of Product at Branch, is trying to help get American workers merit badges in financial wellness. Branch is a challenger bank making financial tools for the American worker to unshackle them from the two-week payment cycle limiting their financial success. What we talked about: -Why Branch pivoted to payments -How they are keeping the service free for employers and employees -What the future holds for Fintech To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

In the wake of the sudden COVID-19 economy, we might forget the small-scale financial crises people face every day. In the huge segment of the workforce living paycheck-to-paycheck, any sudden expense can become a financial crisis. And until recently, their only option was to start a cycle of debt through expensive short-term loans. Our guest today, Frank Dombroski, Founder and CEO of FlexWage Solutions, is leading the charge — without the high charges — for an alternative. His company offers a solution that provides people with early access to earned wages. What we talked about: -The genesis of Flex Wage -Challenges to adoption -Why early wage access appeals to HR and Benefits To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

The COVID-19 crisis has hit everyone — often on multiple fronts. For many, the only thing as scary as the pandemic is the economic side-effects. And, unsurprisingly, this is causing major shakeups in the world of payments. On the show today, we spoke with Daniel Webber, Founder and CEO of FXC Intelligence to learn more about trends in the industry and get a forecast for what to expect as the crisis plays out. And, while much of the news is bleak, there are some notable silver linings. Daniel went over: -How the hard-hit travel industry is responding -The issues with remittances in the current climate -The good news coming out of the industry To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

It’s hard to talk about anything these days without it somehow circling back to the pandemic. But, since this is a show about innovation, it’s not all bad news — innovation thrives in challenging times. Crises spur new ideas, creative spins on what we do already and demonstrate the value of thinking differently. And Fintech is no exception. So says my guest today, Erica Dorfman. And when it comes to innovation, she should know. That’s because Erica is the VP of Cash at Brex, a company who consistently nails it when it comes to thinking outside-the-box. We had a chance to talk about: The benefits to Brex owning its entire tech stack How Cash is innovating the high-yield business cash management account The positive possibilities a pandemic provides To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

As the COVID-19 crisis unfolds, our socially-distanced world has paradoxically revealed how connected we really are. A pandemic that knows no borders has everyone realizing the borders our technology can cross just as easily. We’ve learned to work together, apart. And payments are no exception. Technology has made it easier than ever to work, sell, pay or get paid internationally. We’re joined today by Iain McNicoll, Regional Head of SMB Americas at Payoneer, a company dismantling the barriers in international payments. Iain covers: How technology like Payoneer is simplifying payments abroad Why small sellers are entering new markets Why international freelancing is booming To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time! Hosted on Acast. See acast.com/privacy for more information.

In the world of transaction technology, we all care about the same things: Security and Risk reduction Customer experience Friction minimization Today commonly these concerns are handled by the use of EMV chips and NFC. But what if there were a way to send and receive transaction data over a distance of several feet securely? I sat down with Eric Allen, CEO of LISNR to find out if audio is becoming a disruptive force potentially taking over as the new standard and what the benefits are of this innovation. What we discussed: The origin story of LISNR’s data-over-audio How the technology works Why audio is a great option Additional benefits To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Hosted on Acast. See acast.com/privacy for more information.

Paying bills is nothing new, and it's not likely to change. We will always have to pay bills, but should we be paying them like we did 100 years ago? Today, one in four bills gets paid in check or cash. It's 2020! Why is it so complicated for people around the world to pay a bill? And how can people who work abroad pay their bills back home instead of sending cash? On today's episode of the Payments Innovation podcast, we invited Fabian Saide, CEO of Paykii, to talk about cross-border bill pay using his company's platform. What we discussed: How the idea for Paykii developed The way the Paykii platform works The rise of superapps in economies that big banks are not serving well How Paykii structures partnerships so they work for remittance providers and financial institutions To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Hosted on Acast. See acast.com/privacy for more information.

Who's behind the boom in fintech startups? How are digital-wallet entrepreneurs, for instance, launching their ideas? How much of their products are they building in house? The front end of fintech garners a lot of attention, but the back end has often gotten ignored. Nevertheless, there's an infrastructure powering everything. What is it? Who is it? How will it change? On today's episode of the Payments Innovation podcast, we invited Chris McCann, managing partner at Proof of Capital, to take us down the fintech rabbit hole by exploring these ideas from his popular article, The FinTech Infrastructure 101. Chris helps us understand the fintech ecosystem, specifically who does what and the value of the chain. What we talked about: How the idea for The FinTech Infrastructure 101, Chris' article, got started The landscape of banking as a service and the "really, really, really new idea" of APIs What fintech companies are using to power their existing applications Trends that are fundamentally challenging the core assumptions of fintech How fintech ecosystems could develop differently around the world To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Hosted on Acast. See acast.com/privacy for more information.