BIGcast

Round 2 of our Money 20/20 highlights includes Glen's interviews with a trio of founders- Andre Vellozo of DrumWave and Brittany Kaiser of the Own Your Data Foundation about a model allowing consumers to control and monetize the data they generate, and Eli Wachs of Footprint about combating fraud by whitelisting the good guys. Also- Bitcoin blows up and Cap One/Discover makes a comeback.    Links...

Glen's annual Money20/20 highlights include a detailed update from Paze's Head of Operations Catherine Murchie, a conversation with Allen Osgood, the founder of featured startup Eisen, and first-person reflections on CFPB Director Rohit Chopra's unscripted comments regarding the agency's personal data rights rule.   Links related to this episode:   Paze: https://www.paze.com/ Eisen: https://www.wi...

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.   Links related to this episode:   Starlight: https://www.get-starlight.com/ Credit Mountain: https://www.creditmountain.co/ Glen's blog on the CFPB'...

Glen speaks with Jessica Heuer and Carrie Stapp about Velera's recent Psychology of Payments study and strategies for engaging various segments of card users. Also- Durbin and Putin attempt workarounds, and Fiserv wades into uncharted waters.   Links related to this episode:   Velera's Psychology of Payments report: https://www.pscu.com/insights/white-papers/the-psychology-of-payments Velera's web...

Glen checks in with Money 20/20 President Tracey Davies for a preview of the upcoming four-day Las Vegas extravaganza. Also- a slew of updates on Illinois' interchange fiasco, a countdown to the CFPB's open banking rule, and a desperate attempt to tie 1990s funky divas to 2024 payment headlines.        Links related to this episode:   Money 20/20 USA, October 27-30 in Las Vegas: https://www.money2...

Glen speaks with key players at TruStage Ventures' Fintech Summit: Discovery Fund Managing Director Elizabeth McCluskey on the state of early stage investing, founder Gwyneth Borden on Remynt's journey to startup funding, and Maxwell's co-founder John Paasonen on addressing the housing affordability gap. Also, surprising battle lines forming in the Illinois interchange showdown.      Links related...

John and Glen explore the machinations of the Interchange Fee Prohibition Act, the potential impacts that extend well beyond Illinois, and how it could alter prospects for the Capital One/Discover merger. Also- initial thoughts on the DOJ's antitrust suit against Visa's debit business, and a gratuitous swipe at Ticketmaster.    Links related to this episode:   Glen's blog on the Interchange Fee Pr...

Part 2 of our Finovate recap features interviews with three more standouts- Further, MoneyKit and Telesign- from an impressive batch of demoing companies. Plus- Glen reveals his Best of Show ballot, and serial entrepreneurs extend their winning streaks.   Links related to this episode:   MoneyKit: https://moneykit.com/ Further: https://gofurther.app/ Telesign: https://www.telesign.com/ Telesign's...

Glen speaks with two of his favorite fintechs he saw at the recently completed and highly engaging FinovateFall conference: Best of Show winner CardLift and fraud/dispute management platform Quavo. Also- an overview of the eight Best of Show winners, the inevitable artificial intelligence parade, and a pronounced shift in favor of credit unions.       Links related to this episode:   CardLift: htt...

Glen speaks with Managing Director Deidre Campbell about the Edelman Trust Barometer and its insights on consumer attitudes, with impact for financial institutions and beyond. We then detour into regenerative farming as Fintech South Innovation Challenge winner Alex Edquist discusses how her startup Good Agriculture empowers small farms. Also- banking's version of the Tide Pod Challenge?   Links r...

John and Glen riff on the role Bitcoin is suddenly playing in the presidential election, and the thorny issue of how the US government should "manage" its crypto holdings. Also- assessing the prospects beyond the bluster for productive crypto legislation, and the bizarre backstory of HODL.   Links related to this episode:   In his own words, Mark Cuban's take on Donald Trump's crypto conversion: h...

The Illinois Credit Union League's Tom Kane and Ashley Sharp go deep on the turmoil surrounding Illinois' problematic new interchange law and the steps being taken to course correct. Also- Sam Altman's Worldcoin moves fast and scans (personal) things, and…Backpedaling as a Service (BaaS)?    Links related to this episode:   Our continuing coverage of Illinois' Interchange Fee Prohibition Act:   ht...

Glen chats with Finovate's Greg Palmer about the state of fintech investment and startup momentum in anticipation of September's Finovate NYC event. Also- soft landings, long bike rides, $2.5 billion bets and honest borrowers.   Links related to this episode:   Finovate Fall in NYC September 9-11: https://informaconnect.com/finovatefall/ ***Use code BIG20 for a 20% discount off registration*** Tru...

Cybersecurity expert Roger Grimes demystifies the changing ransomware landscape- how much money do criminals usually demand? How often are they paid, and how much? What is "dwell time," how do ransomware and wiperware differ, and what constitutes offline backup? Also- the first HODL President?   Links related to this episode:   Our full CU Town Hall session with Roger Grimes: https://www.big-finte...

Glen speaks with the Atlanta Fed's Claire Greene about takeaways from the latest Survey of Consumer Payment Choice- including card's dominance, mobile's ubiquity, BNPL's ascent and cash's resilience. Also, the NY Times offers an unexpected backstop for the paper check.   Links related to this episode:   The Atlanta Fed's Diary and Survey of Consumer Payment Choice: https://www.atlantafed.org/banki...

Glen's wide-ranging conversation with Deluxe CEO Barry McCarthy and Technology Association of Georgia CEO Larry Williams spanning five decades of innovation, leadership in turbulent times, reinvention and civic responsibility. Also- another cautionary angle to the CrowdStrike mess, and Fintech Nation comes to Atlanta in August.   Links related to this episode:   Fintech South, August 27-28 in Atla...

Glen speaks with Co-Founder/CEO Austin Wentzlaff about Nook's mission to reclaim a personalized credit union member experience, and why his team planned to be a CUSO from the start. TruStage's Danielle Sesko explains how Payment Guard revamps a legacy loan insurance model for today's digital personal lending. And Glen senses a shift in the media narrative on Banking as a Service and FDIC insurance...

Glen speaks with Bonifii CEO John Ainsworth about his firm's new collaboration with Metal and the next wave of identity solutions. Also- branches as community centers, the ongoing interchange/reward points battle, more "fun" in class action lawsuit land, and screen scraping stages a comeback.   Links related to this episode:   Bonifii's website, and its Metal Blockchain announcement: https://bonif...

Glen speaks with Glia's Jake Tyler about his firm's approach to delivering ethical AI solutions to financial institutions. Also- Finovate Best of Show winners, and the continuing crisis in card interchange.    Links related to this episode:   Glia: https://www.glia.com/news/glia-launches-first-responsible-ai-platform-purpose-built-for-financial-institutions Demo videos for Finovate Spring's Best o...

So much news, so little time: John and Glen unravel Colorado's new Artificial Intelligence Act, Apple's hookup with OpenAI to fuel its own systems and the apparent unraveling of Visa/Mastercard's merchant settlement. Plus, watching Siri age in warp speed.   Links related to this episode:   Law Firm Mayer Brown's synopsis of Colorado's AI Act: https://www.mayerbrown.com/en/insights/publications/202...

Glen speaks with TeamOnUP CEO Mike Kelly about "getting dreams done on purpose" and the beauty of small credit unions. Also, more on the Illinois interchange fiasco, the CFPB's latest populist outburst, and Glen welcomes Google to the world of incumbents.    Links related to this episode:   TeamOnUP: https://teamonup.com/   Mike Kelly's book "Meaning is the Mission" (print, Kindle, audio): https:/...

John and Glen tackle several of the hottest topics impacting fintech today including audio (and video) at the heart of ChatGPT's new features, the sustained strength in Bitcoin and Ethereum values, and a landmark Illinois law's potential disruption of interchange.   Links related to this episode:   Our recent CU Town Hall in which John walks through ChatGPT-4o's prospects for credit unions: https:...

Glen speaks with Peter Tapling of PTap Advisory about the mixed signals swirling around US open banking, and Anne Legg assesses credit unions' readiness for AI. Also- ScarJo haunts OpenAI, and playing SCOTUS Bingo at the CFPB!   Links related to this episode:   PTap Advisory: https://ptapadvisory.com/   Thrive Strategic Services: https://www.anneleggthrive.com/   The full CU Town Hall with Anne Le...

Glen chats with Nacha CEO Jane Larimer onsite at the recent Smarter, Faster Payments Conference- which managed to remain forward-looking while celebrating the 50th anniversary of the ACH network. ValidiFI's Shawn Princell makes a case for the groundswell in Pay By Bank interest, and a resigned disdain for checks seems to permeate the humid Miami Beach air.      Links related to this episode:   Nac...

Glen speaks with Money Habitudes CEO Cara Macksoud about shifting money mindsets, the downside of the Great Wealth Transfer's "lottery wins," and how to start a constructive conversation on financial wellness. Also- nuggets from Block and PayPal earnings calls, and robust new Fed consumer data on economic decisionmaking.     Links related to this episode:   Money Habitudes: https://www.moneyhabitu...