Fintech- Hotter than the Headlines
Glen talks with Finovate’s Greg Palmer about the bumper crop of 60+ fintechs demoing at its September event despite widespread reports of a “funding freeze.” Patrick Sells, CEO/Co-Founder of True Digital (one of the presenting companies) joins to shed light on its collaborative vendor optimization platform. Also, reaction to the CUNA/NAFCU merger.
Loyal, but Open to Persuasion
Glen speaks with Market Intelligence Lead Rachel Huber about Marqeta’s 2023 State of Payments Report. And in a BIGCast first Glen reviews the recent UK film “Bank of Dave” – which virtually screams “credit union.”
A Digital Wallet by Any Other Name…
James Anderson, Managing Director of Paze, shares a preview of the newest entrant to the digital wallet wars. Also- interchange rages anew, and Glen notes a possible pendulum shift in the rationale for automation.
AI Everywhere All at Once
Glen speaks with Beyond the Arc’s Steven Ramirez about the winners and key takeaways from Finovate’s Spring San Francisco showcase. Also- the Regulatory Roundabout, the CFPB’s busy stretch, and a deceptive headline Glen actually appreciated.
The AI Arms Race – Be Scared. And Excited.
hn and Glen discuss both the good and bad of Generative AI and why credit unions cannot afford to sit on the sidelines. Also- Apple discovers the PR downside of dabbling in financial services.
Fintech Collaboration – At $100 Million and Counting
Glen speaks with the Curql Collective’s Jim Ryan about his group’s ongoing quest to bring cutting-edge fintech to credit unions and a new portal that advances the cause. Also, finding more avenues for cooperatives to cooperate.
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)
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.
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.
Taking Faster Payments to the Bank – or CU
More insights from Nacha Payments- including Glenbrook Partners’ Elizabeth McQuerry on the Faster Payments Barometer, and leaders from Akoya and Banked on the burgeoning Pay By Bank model. Also- insights from ETA Transact, and chipping away at MICA.