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EXCLUSIVE: “Stable & Secure?” – Simone Loefgen, Commerzbank in ‘Discover Sibos 2025’ CBI Drives Verification of Payee Compliance in Italy Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’ APIs Driving Embedded Finance Innovation FinScan’s AML Software Solutions Integrate with LSEG World-Check On Demand Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action MoneyGram and Plaid Expand Open Banking Partnership to Europe Nium and Emirates NBD Expand Real-Time Cross-Border Payments Across the Middle East Mesh Announces Mesh AI Wallet At TOKEN2049 DailyPay Names Veteran Executive Nelson Chai as CEO iDenfy Strengthens Its Compliance Toolkit With the New Criminal Background Check Solution payabl. Joins the European Payments Initiative To Expand Wero Access for Merchants and PSPs Plumery Expands Digital Banking Experience Platform Into Canada

February 6 2018

Ep. 175. News: The War For Talent

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Our show begins by discussing why Fintechs and Banks are duelling for talent, as financial technology startups go in hiring overdrive- thus butting heads with the incumbents for the very best candidates. Are banks worried about losing out on top rate talent? Next we explore some pretty damning stats, as the U.S. big four retail banks dealt with almost 20% increase in credit card losses last year. Financial crash anybody? The team get their bear masks on and discuss how growing credit card debts in individuals could be increasingly concerning for incumbents and the economy in general. Staying with empty bank accounts….Wells Fargo apologise for a a glitch that emptied out bank accounts. According to reports, a glitch caused online bill payments to be processed twice which led to some customers with very unhealthy bank balances.

Moving across the world, Australia plan to introduce industry-wide platform for real-time payments called the NPP (New Payments Platform). The infrastructure will allow payments between business accounts and customers at different financial institutions in Australia. Next and staying the the outback, Westpac brings back transactions via text messages. Westpac’s new iMessage shortcut will allow customers to make payments. Is this secure? Our team discuss whether or not customers will trust payments via iMessage and whether or not anyone even uses the service anymore!

Please note, we do not produce Fintech Insider, we merely are fans and repost it!

  1. EXCLUSIVE: “Stable & Secure?” – Simone Loefgen, Commerzbank in ‘Discover Sibos 2025’

    Discover Sibos 2025

     Read more
  2. CBI Drives Verification of Payee Compliance in Italy

    Fintech TV

     Read more
  3. Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers

    Funding

     Read more
  4. Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil

    Fintech

     Read more
  5. EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’

    The Fintech Magazine

     Read more
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