Tearsheet Podcast: The Business Of Finance

Today we’ll be talking about the small and medium sized business sector and how it’s becoming increasingly supported by digital lenders. Securing loans from traditional banks is very tough for SMBs – it’s a long and complicated process and it’s not that likely they’ll get the cash they need – only 15% of small business applications get approved at big banks, for example. This is another reason why digital players like Square and PayPal are able to be some of the largest SMB lenders in the US, giving out billions of dollars in loans to the small business sector in 2021. And THAT is a reason why the two companies are my guests today - I talk to Luke Voiles, general manager at Square Banking, and Bernardo Martinez, vice president of Global Merchant Lending at PayPal - to hear their thoughts on small business lending.

Today’s guest is Nikhil Behl – the CMO of FICO. FICO was founded way back in 1956, making it one of the oldest standing firms in the financial industry. Today we’ll talk about how it manages to keep its relevance and purpose in today’s world. Every American knows about FICO scores, and most of us are usually confused, and potentially worried, by our three-digit score. But it wasn't meant this way. The credit scoring system, the lending landscape around it, and the financial systems at large have been changing and will continue to change. And FICO is not planning to stay behind.

Green finance is all about what the finance industry is doing to address climate change - we know business as usual isn’t sustainable, so we are essentially in the middle of a transition towards reaching net zero. But this is not an easy thing to do, it involves collaborations between many institutions, companies and people - so let’s talk about how to get there. In light of this, my very first guest on this podcast is Aspiration CEO Andrei Cherny. Aspiration is a fintech that wants to help customers use their deposits for sustainable investments and gives them the option to offset their carbon footprint - a fundamentally different strategy from traditional banks.

Hi everyone - this is Where Credit’s Due - Tearsheet’s podcast covering the latest trends in lending. I’m your host Iulia Ciutina, senior reporter at Tearsheet, welcoming you to our very first episode. Today we’ll be discussing how fintechs are helping immigrant communities to get access to credit, speaking with the chief executives of Nova Credit and Tomo Credit, Misha Esipov and Kristy Kim. As credit history typically stops at the border, many people who move to the US from abroad have to build consumer credit from scratch. Nova Credit wanted to address this problem and created an alternative score to assess foreign residents’ creditworthiness based on their home country credit data. At Tomo Credit, founder and CEO Kristy Kim created a technical underwriting solution that would allow immigrants and others without a credit history to build a credit score. Unlike other major credit cards, Tomo doesn’t require a credit score and works independently of FICO.

Welcome back to Power of Payments. I’m your host Ismail Umar, and in today’s episode, I’m joined by Brian Dammeir, president of North America at Adyen. Adyen is an Amsterdam-based firm that allows businesses to globally accept, process, and settle ecommerce, mobile, and point-of-sale payments. It acts as a payment processor for some of the biggest brands across tech, retail, travel, restaurants, and more, including Spotify, Uber, Facebook, LinkedIn, McDonald’s, eBay, and L’Oréal. Brian has been with Adyen for the past seven years, and prior to that, he held a variety of product roles at Google and Airbnb. Brian and I discuss a number of topics, including his experiences at Adyen, how he’s seeing a shift in consumer culture and expectations across generations, the potential long-term effects of Covid on consumer behavior, and the role that Adyen wants to play in the future of payments.

Today’s episode is about Oxygen’s campaign for mobile banking provider Elements. Elements is Oxygen’s multi-tier debit card loyalty program, and its campaign brought about a new face to Oxygen at large. To delve into the thinking and execution behind Elements, I have with me today Oxygen’s SVP, head of business development and strategic partnerships Ryan Conway, and creative director Sani Gad.

In our latest case study, we spoke with Intuit Mint and ApexEdge about their enabling better money decisions, and financial wellness. Listen to our conversation with Steven McKean, co-founder and CEO at ApexEdge, and Varun Krisha, SVP and head of consumer finance at Intuit Mint about building and launching a partnership that takes PFM further.

Welcome to episode 18 of Tearsheet’s Banking Podcast). Zack Miller, Tearsheet’s editor in chief, and Josh Liggett, investment team principal at OurCrowd, are your hosts. In this episode, we’ll discuss: How a bad market might impact fintechs: Stock prices are down massively, for both newly minted public fintechs and for those operating in the market for years. Zack posits that the rebundling trend – that had monoline operators expand into adjacent markets and products – would end and companies would return to their roots.  Revenue potential for banks moving into BaaS: BaaS platforms are increasingly working with multiple banking partners. Fintechs continue to look for licensed banks as partners to launch banking products and services. A recent report looks at the business model and revenue potential for banks to move into fintech partnerships. Josh is suspect that the market can support a sizable number of new partner banks.  Regulation is coming for BNPL: As consumer debt grows, the various agencies activ

Welcome to the Tearsheet Podcast. I’m Tearsheet’s editor in chief, Zack Miller. As the industry looks at what’s happening in crypto, there’s emerged an idea that the way the financial industry bridges the old world with the new one is via stablecoins – crypto tied to the US dollar, for example. Is that true? To explore this idea i sat with Mike Coscetta, head of revenue at Paxos. As an infrastructure player, his firm works with many of the top brands with crypto offerings, like PayPal, for example. I wanted to know more about stablecoins and some of the trends at play. The following is my conversation with head of revenue at Paxos, Mike Coscetta.

In today's episode, I'm joined by Flexbase’s Zaid Rahman, founder and CEO, and Joey Randazzo, head of growth. Flexbase is a payments platform for construction companies. We’ll be diving into their standout approach to brand awareness – from blanketing one city at a time, putting up billboards off highways, and shipping mysterious donut boxes to roll out the Flexbase card, a credit card that meets the unique needs of the construction industry.

Welcome back to Power of Payments. I’m your host Ismail Umar, and in today’s episode, we discuss why Quontic Bank decided to launch a contactless payment ring, what Visa’s Creator Program tells us about its interest in NFTs, and what Block offers merchants with its upgraded Square Stand point of sale system.

The following was produced by Tearsheet Studios. We worked with consulting firm Ulysses Partners to create a four-part series on identity proofing and the importance of user experience in its emerging landscape. The series is based on our co-created guide, The Identity Proofing Guide: A practical hands-on review of user experience in leading solutions (https://bit.ly/3EUU3NR). In this fourth and final session we’re joined by David Milligan, managing partner at Ulysses Partners. We’ll be talking about why we need identity proofing the Metaverse and Web3 and the future of identity and doing business online. Read it on our site: https://bit.ly/3xXmwBe

In today's episode, I'm speaking with Kirill Gertman, co-founder and CEO of Conduit -- a B2B fintech providing infrastructure for DeFi payments -- about building one API for DeFi, going to market in unlikely geographies, crafting a reliable, trustworthy brand that stands out in the sci-fi aesthetic of the crypto world, and much more.

Welcome back to Power of Payments. I’m your host Ismail Umar, and in today’s episode, I’m joined by Andrew Jamison, co-founder and CEO of Extend. Extend provides digital payment infrastructure for financial firms and allows them to modernize their payment experiences through the use of virtual cards. The firm’s offerings include virtual card APIs, a digital corporate card app, and a card tokenization service. Extend has partnered and integrated with major card networks including Mastercard, Visa, and Amex, as well as banks like Silicon Valley Bank and City National Bank. Andrew is here to talk to me about why he founded Extend, what need it serves in the industry, and where he sees virtual cards and corporate payments headed in the coming years.

Q2’s rebranded its platform business earlier this year as part of revisioning embedded finance. Helix’s GM Ahon Sarkar joins us on the Tearsheet Podcast to discuss what he’s learned servicing big brand clients and millions of users. We talk about the deep rooted aspiration to ‘make finance human', the changing face of the fintech space and specifically Banking as a Service over time , what’s next for embedded finance: deeper focus, simplification, and better automation, and much more.

The following was produced by Tearsheet Studios. We worked with consulting firm Ulysses Partners to create a four-part series on identity proofing and the importance of user experience in its emerging landscape. The series is based on our co-created guide, The Identity Proofing Guide: A practical hands-on review of user experience in leading solutions (https://bit.ly/3EUU3NR). In this session we’re joined by David Milligan, managing partner at Ulysses Partners, and Graham Seel, strategic advisor to community banks and credit unions. We’ll be talking about the current biometrics and verification landscape, the concept of data sharing consortia, and how different geographies around the world, from the US to India, are tackling the need to prove and verify identities. Read it on our site: https://bit.ly/38rh1jo

Welcome to Acquire, Tearsheet’s Marketing Podcast. I’m your host, Rebecca Cohen, Head of Tearsheet Studios. On today's episode, I'll be speaking with Jack Rubin, VP of Marketing, Partnerships & Advertising Operations at Intuit Mint, who most recently spearheaded their latest major brand campaign, It's Time to Mint.

Welcome back to Power of Payments. I’m your host Ismail Umar, and in today’s episode, we discuss why so many Americans are struggling to pay their bills on time, and we also talk about Florida-based payments startup Stax, which recently became a unicorn and wants to go head-to-head with Stripe.

On today's episode, I'm speaking with Kirti Naik, Head of Marketing and Communications at BNY Mellon Wealth Management. BNY Mellon is one of the oldest FIs in the world, which makes Kirti’s job leading their brand a serious undertaking, requiring a lot of creative thinking, doing, and vision to pivot the direction of 230 years of legacy. She’s here to talk to me today about BNY Mellon’s recent campaign, Do Well Better.

Welcome to episode 17 of Tearsheet's Banking Podcast (fka The Challengers Podcast). I'm your co-host, Zack Miller, Tearsheet's Editor in Chief. Joining me is Josh Liggett, investment team principal at OurCrowd. In this episode, we'll discuss: *Dave: The challenger bank significantly revised its revenue projections now that it's public. We'll explore unit economics, the pressures on fintechs once they go public and how some models are inherently hard to monetize *BNPL as the new neobank: BNPL appears to be a foothold for firms like Klarna and Affirm to move into managing more and more of their users' payments *Uptake of DeFi in TradFi: Josh shares some recent experiences at a conference to show that even the early adopters in the industry aren't quite there yet when it comes to using what they're building. *Apple's buy of Credit Kudos: Josh and Zack discuss what may be Apple's end game with a new acquisition of a European open banking player