ChatGPT- Hallucinations, Lies, Negotiations
Glen speaks with veteran journalist Michael Lev about the supply chain expert’s recent encounter with Chat GPT in which the platform confessed to making stuff up. Also- more on deposit outflows and the sketchy definition of a “small bank.” (Gordon Lightfoot soundtrack optional)
A Belated Christmas Gift: New Fed Payments Data
In prior cycles the Fed released its treasure trove of payments data over the Christmas holiday- an apt metaphor for a small niche of obsessives (myself included) who eagerly unwrapped this industry gift in search of insights.
Payments – Then and Now
Glen unearths nuggets from the latest Federal Reserve payments data with the help of author, retired Fed exec and Payments OG Rich Oliver. Also- bizarre notions swirling around the insured deposit limit.
Rival Rails, Same Day Successes
Fresh from a content-rich Smarter Faster Payments conference, Glen shares interviews with Nacha CEO Jane Larimer and Open Payment Network Co-Founder/CEO Bradley Wilkes. Also, a first look at detailed data from the Fed’s triennial payments study.
The CU Town Hall- Raising Eyebrows Since 2020
We celebrate a milestone with fun facts from the first 100 episodes of our CU Town Hall, and share highlights from last month’s session with author/futurist Brett King. Also, FedNow refutes CBDC conspiracy theories- in real-time.
The Inside Pitch on Fintech South
An insightful chat with Cardlytics’ co-founder and former CEO Lynne Laube- now a partner with Valor Ventures- and Fintech Catalyst Robert Daniel of Georgia Tech’s ATDC, about September’s exciting startup competition including a few pitch tips from insiders. Also, Glen’s thoughts on PayPal’s new stablecoin and the Premier League’s payments connections.
Big Ideas, Fintech Madness (CUSO Optional)
Next Big Idea competition winner GoalSetter and runner-up Mahalo Banking, Fintech Madness winner Silvur, CU2.0 co-founder Chris Otey on instigating the madness, and a compelling startup (Harness) that waged battle in both events.
More CUSOs, More Service
From a record-setting NACUSO Network conference, Glen shares a motherlode of interviews with CUSO whisperer/attorney Brian Lauer, DePaul Defi professor Lamont Black, and a pair of founders: Leeman Baird (Hedera) and John Wingate (BankSocial).
Amplifying Credit Unions’ Message of Safety
Amplify Credit Union CEO Kendall Garrison shares thoughts on running a fee-free shop, explains why CU members need not be overly fearful of an SVB situation, and why conveying that message requires finesse. Also- the Godot Recession, and a skewed definition of small banks.
Silicon Valley Bank, through a Credit Union Lens
Now that the dust has settled (a little), John and Glen unspool the SVB and Signature Bank crises and what they mean for CUs. Also- John’s already getting into arguments with ChatGPT-4.