626. News: Stripe vs Plaid and Apple vs The EU

Episode 808 · May 9th, 2022 · 1 hr 5 secs

About this Episode

Our expert hosts, Benjamin Ensor and Kate Moody, 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:

  • Nilixa Devlukia, Founder, Payments Solved
  • Karen Kerrigan, COO, Moneybox

With soundclips from:

  • Gwera Kiwana, Product Manager, 11:FS
  • Paul Stoddart, President, GoCardless

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

  • Stripe launches open banking product sparking Twitter taunt from Plaid CEO - 3:35
  • Moneybox announces crowdfunding campaign - 14:35
  • EU claims Apple breaking competition law over contactless payments - 30:00
  • Banking giant Truist acquires fintech startup Long Game in effort to reach younger demographic - 38:40
  • Buy Now Pay Later will soon affect your credit score in the UK - 48:15
  • GoCardless appoints Mastercard and Vocalink exec as president - 51:10
  • Citigroup trader triggers European flash crash - 54:00
  • Swiss banker put strip club visits on expenses - 55:22

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This episode is sponsored by TrueLayer

Let’s face it, cards were not designed for online. Payments can take days to settle, hurting customer loyalty. While high fraud, clunky checkouts and expensive fees mean millions in missed revenue.

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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as 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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Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com!

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