Deposits Don’t Die- They Quiet Quit
Glen speaks with Prismm Founder/CEO Martha Underwood about a new metric- the Deposit Mortality Index- gauging an FI’s risk of deposit loss from the Great Wealth Transfer. Also- PayPal’s acquisition drama draws to a close (for now) and Walmart opens its wallet for Apple Pay.
Fintech South’s Got Something to Say
Recapping last week’s Fintech South conference, Glen interviews founders of the three startups selected as Innovation Challenge finalists- Hussain Punjani of Agentix, Nyah Chapman of LUXE AI and John Patton of Street Charity- then asks you to guess which the judges chose for the grand prize. Also- Rich & Regular hosts Julien and Kiersten Saunders get real about everyday finances, and Spirit Airlines’ data is worth how much to AI developers?!
Attack of the Zombie SMBs!
Glen speaks with Rapid Finance’s Patrick Lord about Zombie Business Fraud and other threat vectors given a bump by AI. Also, Stripe ponders a big play in AI routing, and SMBs send mixed messages to their multiple (banking) partners.
Circle’s Stroke of Genius/Can Anyone Regulate AI?
John and Glen ruminate on a pair of major events reshuffling the fintech world- The Circle IPO’s impact on venture funding, and the Big Beautiful Bill’s unorthodox approach to throttling AI regulation. Also- John gets “spun out on quantum,” and admits a surprising change of heart regarding his outlook for AI.
What the Chime and Circle IPOs Mean for Fintech Investment
The first half of June has been remarkably eventful for the fintech investing world. On back-to-back Thursdays, market bellwethers Circle and Chime completed successful initial public offerings- trading on the NYSE and NASDAQ, respectively.
A Tale of Two Coinbases
For Coinbase it was the best of weeks and the worst of weeks- all wrapped into one.
Let’s lead with the positive- last Monday S&P Global announced that it was adding Coinbase to its benchmark S&P 500 stock index. This marks a watershed moment for the crypto sector, a major psychological milestone signifying the mainstreaming of an industry that not long ago seemed on the ropes as a result of multiple scandals and depressed asset prices.
Making Sense of Trump’s Crypto Executive Order
It took a mere four days back in office for President Trump to issue his Executive Order, “Strengthening American Leadership in Digital Financial Technology.” Somehow it managed to qualify as a bit of a letdown for some crypto enthusiasts who had become convinced their cause was a high enough priority to warrant a mention in the inaugural address.
A Path to Member Prosperity
Glen speaks with the founders of Starlight and Credit Mountain, two award-winning startups with a goal of smoothing the turbulent patches of consumers’ financial journeys. Also- a first look at the CFPB’s 594-page magnum opus on personal data rights.
A State of Confusion- Interchange Battles Move Closer to Home
The tension between federal and state-level banking legislation is a never-ending source of heartburn. Businesses naturally crave less regulation, in order to limit compliance costs and avoid barriers to innovation. Given the choice, however, they’d nearly always prefer a single federal standard to a patchwork of state edicts that can make compliance difficult-verging-on-impossible.
NACUSO’s Big Ideas for Credit Unions of All Sizes
Glen speaks with NACUSO CEO Ronaldo Hardy about his collaborative vision for the organization he joined last summer, and the opportunity ahead for the industry overall. Also- Fiserv’s application for a limited banking charter, and conference season begins to rev up again.