Tearsheet Podcast: The Business Of Finance

Welcome back to the Power of Payments podcast. I’m your host Ismail Umar, and in today’s episode, we discuss JPMorgan’s acquisition of payments firms Renovite and why it matters, the CFPB’s recent report on BNPL firms, which suggests that regulation is coming for the sector, and why lease-to-own, which is another type of installment payment option, has been gaining popularity in recent months.

The following was produced by Tearsheet Studios. We worked with employment and income data platform Argyle to create a podcast about how alternative lending options such as earned wage access, early pay and paycheck-linked lending can solve some of the challenges for consumers who do not qualify for traditional credit today. More than 50% of Americans live paycheck-to-paycheck and may have thin or no credit history. In today’s podcast, we’re speaking to Matt Gomes, Director of Strategy at Argyle. He breaks down how alternative options like paycheck-linked lending, earned wage access, early pay, and cash advance can offer different solutions.

The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our fifth conversation in the series, we’re speaking to Niranjan Ramaswamy, vice president and general manager of embedded fintech at Fiserv. As we continue talking about the evolution of open finance, Niranjan shares how Fiserv is helping developers create amazing experiences as they bridge the gap between fintechs and FIs.

I've got a great episode for you today, starring special guest Peter Krull, CEO of Earth Equity Advisors. I always love talking to Peter about all things climate, especially ESG. I feel like he's got a really healthy way of looking at it, because there's a lot of hype in this sector. So don't believe the hype, and always look under the hood. On today's podcast, Peter and I are talking about how to think about ESG, with a sprinkle of politics – we've seen that a number of states have started to ban financial institutions that sought to distance themselves from fossil fuel industries, so the drama in this sector shows no signs of slowing down. All of that and more, in today's show, so let's dive right in.

In today's episode we're talking about buy now, pay later. No, not the consumer version that first comes to mind - we're diving into the B2B version. While B2C BNPL continues to dominate the headlines, its less talked about cousin in the more significant B2B world is just starting to get the spotlight. An increasing number of businesses are transacting online, but the payment rails still disappoint many times. And given the shake up in supply chains, companies could truly benefit from a product that can help them navigate cash flow problems. This is what B2B BNPL aims to do - bringing the latest digital tools to age-old methods of business to business transactions. We're talking about this today with my guests Jamie Beaumont, CEO at Playter, a B2B BNPL fintech based in the UK and Yasamin Karimi, Head of Product at Codat.

When I was a kid, my father had a successful friend who prided himself on carrying an Amex card. But frequently, when we went out to a sporting event or a restaurant, he'd have to fumble around for another card because the establishing didn't accept Amex. That’s changing. Amex has reached parity in the US with other cards. That’s thanks to the work of Raymond Joabar’s team. Raymond is the Group President, Global Merchant and Network Services at American Express and manages direct and indirect channels for expanding the card network’s acceptance. We talk about the channels Amex is using to expand its footprint and the fintech partners helping it get there. We also talk about the work Amex is doing within transportation, B2B, and crypto. It’s an interesting conversation with Raymond – hope you appreciate it.

Welcome back to the Power of Payments podcast. I’m your host Ismail Umar, and on today’s episode, I’m joined by Eric Rosenthal, vice president of corporate development, strategy and partnerships at Rapyd. Rapyd is a London-based payments firm that markets itself as a fintech-as-a-service platform, which provides APIs to help businesses integrate local payments and fintech capabilities into their applications in a simple way. In our conversation, Eric talks about the meaning of fintech-as-a-service, how Rapyd caters to businesses of different sizes including major firms like Uber, what American companies can learn from payments firms in Latin America, Asia, and Europe, and how startups in the space should try to deal with the current downturn.

The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our fourth conversation in the series, we’re speaking to Jon Nordhausen, VP of product management for the fintech organization within Fiserv. As we continue talking about the evolution of open finance, Jon shares how cloud data integration is removing friction and enabling new capabilities for collaborations between fintechs and FIs.

For the season finale of the Acquire Podcast, I’m speaking to the CMO of Square, Lauren Weinberg. We’ll be talking about the thirteen year evolution of Square’s growth, creating a unified brand ecosystem across totally different markets (from farmers markets stands to all of SoFi stadium), on exporting Square’s familiar at-home brand across oceans by going to market in new cultures and geographies like Spain and France, and how the different teams in the company work together to make it all happen.

Tearsheet's Power of Payments Conference: https://bit.ly/3R6oENt There's an increasing demand for services that help banks and financial institutions discern between all these new labels that have grown in popularity almost overnight. And the supply side is responding – Temenos, one of the biggest banking infrastructure providers in the world, has launched ESG Investing-as-a-service I've invited Temenos' Chief ESG Officer Kalliopi Chioti to tell us more about their approach. Kalliopi had some really inspiring perspectives on sustainable finance, the rising demand of sustainability investment tools, as ESG moves into the mainstream. We're also chatting about the new sectors to watch as finance becomes more environmentally conscious and more digital - as AI and data have their role to play in green finance too.

Join us at Tearsheet's Power of Payments Conference, on September 15th at Current, Chelsea Piers, NYC. Apply for tickets here: https://bit.ly/3R6oENt When we talk about lending nowadays, it's no longer just about big banks with large underwriting teams. Advancements in technology are completely changing the lending and loan management practices. It's all about AI these days - a cost-effective way to reduce that long time it usually takes to close a loan, boosting competitiveness and profitability. Automation allows lenders and banks to focus more on the customer experience and less on looking at data from all kinds of standardized forms. Digital lenders have shown that their bet is on technology, rather than balance sheets. Plus, through the use of alternative data, lenders can access a wider customer base, as folks who maybe didn't qualify for a loan under FICO can now be found eligible. We're exploring this topic today with my guests Zest AI CEO Mike de Vere and Informed.IQ CEO Justin Wickett.

Welcome back to the Power of Payments podcast. I’m your host Ismail Umar, and in today’s episode, we discuss what financial firms need to know about payments in the metaverse, and why building a sonic brand is becoming increasingly important as consumers become more reliant on contactless payments and voice technology. We also talk about crypto payment adoption patterns among consumers and merchants, and whether crypto could ever replace cash.

The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our third conversation in the series we’re speaking to Jamie DelMedico, General Manager of Fiserv’s Aggregation and Information Services Unit. As we continue talking about the evolution of open finance, Jamie gives us some insight into the evolution of data processes within the fintech environment.

Climate change awareness is growing, and it’s starting to bring more capital along with it. New investment prospects, paired with pressures coming from the public and regulators, are driving up interest in sustainable investing. Today we are chatting with Trenton Allen, CEO of Sustainable Capital Advisors, a DC-based financial advisory firm serving the sustainable infrastructure industry. Trenton is an expert in energy and capital markets, and leads the firm's efforts behind connecting developers and capital providers to support global sustainable infrastructure projects. He has lots of insightful things to share with us, so let’s dive right in.

With consumers continuing to take a digital-first approach to everything from shopping to dating and investing, fraudsters are finding new and innovative ways to commit fraud. Traditionally, when a person would walk into a bank branch to open an account, they would need multiple forms of identification. But online, customer onboarding has turned into a riskier process for banks and consumer fintechs, with fraudsters trying to take advantage of their systems. Reducing the stress of fraud allows for a more streamlined application process, making it easier for consumers to get approved for a loan or bank account. This aspect also has implications for groups of consumers that previously had a hard time accessing credit or other types of financial products and services, as banks can verify the applicant in a way they weren’t able to before. I talk about this today with my guests Kimberly Sutherland, vice president of fraud and identity strategy at LexisNexis Risk Solutions and John Buzzard, Lead Analyst, Fraud

The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our second conversation in the series, we’re speaking with Frank Sanchez, vice chairman of Fiserv, and co-founder of Finxact. We talk about the promise and challenges with next generation cores, how fintechs are leveraging them in pushing open finance forward, what sets them apart from legacy banking cores, and what innovations we can anticipate in the near future.

Welcome to the Tearsheet Podcast. I’m your host, Tearsheet’s editor in chief, Zack Miller. There’s a reason B2B payments hasn’t been solved. It’s so complicated – the need for different terms, payment forms, approvals and workflows makes it damn hard to automate and digitize. So to really get at the heart of B2B payments, you have to first start with the quoting and invoicing process – payments come later. That’s just what Jiga is doing for the manufacturing sector. The SaaS company has zeroed in on improving the work that goes into everything that comes before payments in manufacturing – embedded payments is just the next piece. Jiga’s co-founder and CEO Adar Hay joins us on the podcast today to discuss the evolution of his early stage company. From the pandemic-era genesis story, we move on to how the firm’s product supports the different players in the manufacturing value chain through payments. Adar Hay is my guest today on the Tearsheet Podcast.

Last week we wrapped our first Banking on the Planet conference, we had a great lineup and it was really a lot of fun. If you missed it, all the session videos are available to watch for free here: https://www.youtube.com/playlist?list=PLHAcPK-SOiNXjjUtN4qmQmfcL1XWApQdK. And now we’re on to our next event, this time finally in person! We are holding Tearsheet's Power of Payments Conference on September 15th, 2022 at Current, Chelsea Piers, NYC We will bring together the top professionals and brands in the payments space to discuss the challenges and opportunities presented by an undeniable need to stay ahead of the curve of a rapidly changing landscape. We have a great lineup here as well, so make sure to check it out by clicking on this link: https://bit.ly/3b1pyLF Moving on to today’s podcast episode, we are talking about financial equity and how today’s system is simply still discriminatory. Sustainable finance means inclusive and non-biased finance, allowing equal opportunities for everyone, which i

This week is episode 15 of the Acquire Podcast, where I’m speaking with a company who managed to make the impossible possible, and by that I mean – make taxes fun and dare we say, sexy. I have with me Matthieu Silberstein, VP of creative marketing at Lili -- a banking provider for freelancers, from side hustlers to small businesses. I invited Matthieu to speak to us about launching the campaign for Lili’s Tax Optimizer, their latest product, that helps freelancers understand and manage the annual tax filing process. Listen to our conversation about the creative and marketing thought process in the before, during, and now after the launch of the campaign and a truly remarkable effort to make taxes fun, and of course – how all of this plays into Lili’s brand at large. Oh, and coming up next month, September 15th, is our first in-person event in a long time, Tearsheet's Power of Payments Conference at Current, Chelsea Piers, NYC. Register here: https://bit.ly/3vhaL6v

Happy to introduce Tearsheet's Power of Payments Conference on September 15th, 2022 at Current, Chelsea Piers, NYC. We will bring together the top professionals and brands in the payments space to discuss the challenges and opportunities presented by an undeniable need to stay ahead of the curve of a rapidly changing landscape. To be among those few special decision makers, click here to apply for tickets: https://bit.ly/3PyR56l Increasing competition is incentivizing banks to digitize and upgrade their commercial and SMB infrastructure, and various companies are coming in with software products to help them bridge this gap. Listen in for a conversation on how banks can effectively compete in the SMB sector currently, and the role of digitization in this whole equation. Joining me today are Paul Margarites, Head of U.S. Commercial Digital Platforms at TD Bank and Kirk Coleman, Chief Banking Officer at Q2.