American Banker Podcast

We are celebrating our 200th episode today!   Brett is hosting Chris Skinner, Dave Birch, and Sam Maule  (all show regulars) to discuss how much has changed since we launched in May of 2013 and how much has stayed the same.   On the discussion table are:  alipay, Jack Ma, blockchain, AI, building a true digital system, payments, financial inclusion, and favorite guests and lessons from the previou...

To date, capital curbs have limited their participation in U.S. collateralized loan obligations, but Chinese banks and insurance companies are sophisticated investors with a big appetite for yield. Tricia Hazelwood, managing director and head of structured products at MUFG Securities, explains how China views US CLOs and how this new and potentially large source of capital could impact both deals...

Today, Brett is joined by Penny Crosman of American Banker to discuss ICOs. Then, he talks with Carl Ryden, CEO of Precision Lender, to talk about his new book " Earn It: Building Your Bank's Brad One Relationship at a Time ", and the principles that lenders need to adhere to to build trust and community. Also, Felipe Echandi Lacayo, the Founder of PanaFintech, helping to build a fintech ecosystem...

This episode of Breaking Banks was sponsored by NTT DATA… They get stuff done. We were guests at the Money 2020 conference, and had the chance to do lots of amazing interviews. The theme of the conference was Fintech Superheroes, and this show highlights just 4 of many Fintech fighters that are working to make the system better, smarter, faster, cheaper, and more honest. First we meet Neobank hero...

Dr. Dan Geller, behavioral economist and author of the book Money Anxiety, explains why Americans are more stressed about their finances than ever before and how fear affects their decisions about financial products and banks. Due to the July 4 holiday, the next American Banker podcast will air July 11.

Why does it cost so much to move money?   If every record is computerized, if all the movement is recorded electronically- then why the fees to get money out of a different banks atm? Why the fees to spend your money in another country?  Is it that expensive to move money?  And does it need to be anymore? On today's show, Brett King hosts Bill Barnhydt of Abra, and Shachar Bialick of Curve- two fi...

Next month, the credit bureaus will have to drop information about tax liens and civil judgments from credit scores unless they can independently verify the data. Eva Wolkowitz, manager of the Center for Financial Services Innovation, and Sarah Davies, senior vice president of VantageScore, share their take on what this means for the credit scores lenders use.

No one can decide if ICOs have caused cryptocurrrencies to really "arrive" or if this is just a cryptocurrency bubble. Today, we have people to help us make sense of it all.  Dave Birch, Author of Before Babylon, Beyond Bitcoin is going to tell us why Bitcoin is not the savior we think it is, but it kinda is. We have on Charlie Shrem and Anthony Di Iorio from Jaxx  Blockchain Interface-  a multi-t...

Dan O'Malley, who until very recently ran the fintech incubator at Eastern Bank (and before that was at Capital One), now has a startup called Numerated Growth Technologies and software that he says can process loans in five minutes. O'Malley explains how it all works in this podcast.

To teach artificial intelligence to responsibly execute human goals, like driverless driving and automated loan decisions, there's a need to build bridges between human thought and language computers can understand, Stephen Wolfram, founder and CEO of Wolfram Research, explains in this week's episode of Breaking Banks.

Some of the biggest risks facing any large bank come from within, such as human error or mischievous traders. Andrew Waxman, a risk management consultant and author of the new book, Rogues of Wall Street, discusses how cognitive psychology and augmented intelligence offer help.

American Banker reporter Brian Eha shares stories and thoughts from his new book, "How Money Got Free: Bitcoin and the Fight for the Future of Finance," and two fintech leaders explain why Charlotte is destined to be the next big fintech hub.

A new survey finds that 14% of small and medium-size businesses switched banks last year and 18% are considering switching this year. Having an appealing mobile app is critical to keeping small business owners happy, according to Doug Brown, senior vice president of FIS. He explains why, and also shares some of the study's observations about millennials.

There is no question that AI presents exciting new solutions and happy additions to our lives. But in order for us to truly take advantage and prepare for a future when cars are not privately owned and are self-driving, energy is green, abundant, and cheap, and robots replace workers at a dramatic rate, changing the nature of work forever. To talk about this future and how fundamental "fintech" pr...

David McLaughlin, founder and CEO of QuantaVerse, discusses how artificial intelligence can improve anti-money-laundering compliance; the problems of de-risking and "defensive filing" of suspicious activity reports; the Clearing House's proposal to reduce banks' AML costs; and more.

How do we get money to small businesses that make the economy work for most people around the world? What kind of systems do we need to create?  And how do we make them flexible so multiple cultures can utilize them? Today, Sam Maule hosts Chris Rentner from Akouba Credit and Viola Lewellyn from Ovamba to discuss the different strategies they have created to help address the needs from small commu...

Philadelphia Federal Reserve Bank President Patrick Harker sat down with American Banker to talk fintech, financial regulation and the economy.

MIT professor Maria Loumioti has studied loans made strictly using hard data and loans where a loan officer clearly was influenced by personal connections or feelings about a borrower. The results, which she shared with American Banker editors Bonnie McGeer and Penny Crosman, shed light on the value and limitations of "soft" information.

For a small island, Ireland has developed a massive tech scene. The Celtic Tiger of the 90s took a serious hit with the recession, but during that time it established itself as a useful hub for many tech companies to put down deep roots. As the global economy continues to recover and grow, Ireland's small but powerful tech community is fostering fintech growth. In this episode, Peter Oakes, founde...

Andreas Dombret, the head of banking supervision for the German central bank, discusses how cooperation remains vital despite retrenchment in the U.S. and Europe, how blockchain changes banking, and the difference between the German and U.S. banking systems.

Many community bankers take a wait-and-see approach to blockchains — "I'll deal with it when it's real." But the technology requires major change in people and processes and smaller banks need to prepare, according to Joe Dewey, an attorney at Holland & Knight and author of a new book about blockchain technology.

American Banker's Rob Blackwell and Marc Hochstein discuss the pushback from state regulators and consumer advocates to the OCC's proposed charter; Chris Skinner and Jim Marous hold forth on fintech. 

Kosta Peric, deputy director of digital payments and financial services for the poor at the Bill & Melinda Gates Foundation, discusses his  efforts  to expand access to low-cost financial services in developing countries.  Peric , who joined the foundation in 2013 after more than two decades at Swift,  also talks about creating interoperability between mobile money systems across borders; the foun...

A freewheeling discussion (over beers) about the future of branches with Tom Brown of Second Curve Capital and Dave Martin of BankMechanics at the Trump National Doral hotel in Miami during American Banker's Retail Banking 2017 conference.

At last week's conference in London, host Brett King took time away from speaking and judging startup pitches to talk to some of the main presenters, including Ruth Wandhöfer, Citi's global head of regulatory and market strategy.