Just sit right back and you’ll hear a tale, a tale of a fateful trip. That started from this banking port aboard this tiny… okay, so we promise to give up on this BaaS island analogy eventually, but in the meantime, our cruise tickets over to BaaS island are non-refundable, so let’s dive into the latest happenings.
With Blue Ridge Bank strapped with a second enforcement action just 18 months after its first action, we have to ask— should consumers be alarmed? And with Choice Bank also disclosing its latest enforcement action, is this more of a reflection of the apps they’re associating with (*cough* Mercury and Synapse *cough*) or is it simply an indication that regulators don’t know how to handle the level of automation and scalability in BaaS?
Meanwhile, over in Buy Now, Pay Later land, Jason and Alex chat about the recent product offerings that Affirm and Klarna have vowed to provide, including subscription-based services and high-yield savings accounts. But more importantly, what is the point of this to consumers? Is it partially due to Klarna’s hopes to IPO or is this just pointless noise?
According to PayPal, PayPal shocked the world. Or, um... at least they shocked one person, somewhere with their latest announcement. Jason denounces PayPal’s latest aggressive PR push, while Alex plays devil’s advocate, suggesting the brand might be going back to the basics for the better.
Plus, the guys discuss whether the $3.1 billion valuation of Bilt Rewards is justified, what’s up with God convincing a pastor to sell his worthless cryptocurrency, and who owns the .ai domain name.
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S7 E4: Not Fintech Investment Advice: Modak Makers, Casap, Silver, Elpha Secure
S7 Ep3: The WILD Story of PayPal’s Origin, with Author Jimmy Soni
S7 Ep2: BNC: The Relationship Between Stock Prices and Bank Health, Tokenization’s Disruptive Potential, and Lots of FHLB Talk with Steven Kelly.
S7 Ep1: Fintech Recap: Consent Order Madness, Chime Prepares to IPO, and Fintech Twitter Trolls
S6 Ep12: Workshopping Fintech Theses
S6 Ep11: Not Fintech Investment Advice: Chipp.ai, Whop, Revenew, and NayaOne
S6 Ep10: BNC: Unpacking the 1 Year Collapsiversary of SVB, Exploring Banking Deserts, and Is This the End of BaaS Innovation(?)
S6 Ep9: Fintech Recap: The Discover/Capital One Merger, Lineage’s Latest Consent Order, Inflation Affects Tooth Fairy Pricing
Killing It! The Hidden Toll of Startup Success: Matt Harris on Founder Burnout
S6 Ep8: Oh, What a Gorgeous Business Model! (A Deep Dive into ServiceTitan, AmEx, and The Bancorp
Killing It! – Leaving the Hero Complex of Foundership Behind, with Shamir Karkal, CEO of Sila
Killing It! –Fintech’s Biggest Disrupters on Startups, Success, and All the Hard Lessons In Between
S6 Ep7: Bank Nerd Corner: New York Community Bank, Panacea Financial, the BSCA, and the State of Auto Lending
S6 Ep6: Not Fintech Investment Advice: Tip Top, Lucite, Rove, and Prosper AI
S6 Ep4: The Nuances in Credit Underwriting that Most People Miss with Frank Rotman
S6 Ep3: Banks Gaming the Fed, The Fight Over ILCs Ramps Back Up, and Frequent Flyer Mile Madness
S6 Ep2: Not Fintech Investment Advice: Foyer, Claim, Crew, and Brico AI
S6 Ep1: Fintech Recap: Revolut Cries Wolf, Tomo Boost’s Continued Craziness, and Tales from BaaS Island
Fintech Predictions for the Not-So-Distant Future, with Frank Rotman
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