586. News: Has the Financial Conduct Authority freed up Open Banking?

Episode 766 · December 6th, 2021 · 58 mins 46 secs

About this Episode

Our expert hosts, Benjamin Ensor and Nasir Ahmad, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include:

  • Richard Davies, CEO, Allica Bank 
  • Sophie Winwood, Investor, Anthemis

We cover the following stories from the fintech and financial services space:

  • Small business lender Allica raises £110m as it quickens growth 3:16
  • FCA boosts Open Banking by removing 3-month re-authentication requirement 14:38
  • British Business Bank Finds UK Venture Capital Fund Performance has Increased 27:10
  • Afterpay releases BNPL for subscription services in the US and Australia 35:55
  • Thought Machine closes $200M for its cloud native banking SaaS and becomes a unicorn 47:10
  • India’s Slice becomes unicorn with $220M funding from Tiger Global, Insight Partners and Advent 48:44
  • Moneybox and Plaid give customers greater control over their finances 50:41
  • Mr Goxx, the crypto-trading hamster, dies 53:10

This episode is sponsored by Primer.
Primer is the world's first automation platform for payments. With Primer, merchants and developers have all the underlying infrastructure and "lego blocks" they need to build the best buying experiences for their customers. Learn more and book a demo at primer.io (https://primer.io/?utm_source=11fs&utm_medium=referral&utm_campaign=fintech_insider_)

This episode is sponsored by SAS.
SAS help their customers make banking simple, safe and rewarding for everyone. They support banks in their goal to treat every customer as an individual. Combining data from across the bank with external information and real-time context delivers unique insight and a deep understanding of customer needs. By applying this insight at the right time via the right channel, SAS help make every customer engagement with the bank a relevant, valuable, and seamless experience.
SAS enables banks to embed real-time intelligence in every interaction, helping them make smarter, faster decisions that transform customer experience.
To find out more, visit https://www.sas.com.

Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor and Jason Bates, who are joined by a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

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