640. News: Brex backs away from SMEs while the UK ramps up BNPL regulation

Episode 823 · June 27th, 2022 · 59 mins 5 secs

About this Episode

Our expert hosts, David M. Brear and Sim Rai, 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:

  • Ron Shevlin, Chief Research Officer, Cornerstone Advisors
  • Tayga Baltacıoğlu, CEO, Debite
  • Douglas Soltys, Editor-in-Chief, BetaKit

With soundclips form:

  • Antony Stephen, CEO, Barclays Partner Finance
  • David Cunningham, Chief Commercial Officer, Lextego

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

  • Brex drops tens of thousands of small business customers as Silicon Valley adjusts to new reality - 5:40
  • UK outlines plans to tighten ‘buy now pay later’ rules - 14:50
  • Canada’s Wealthsimple becomes the latest fintech to cut staff - 31:35
  • Deutsche Bank staff forced to install app that tracks messages - 44:45
  • Stripe to launch new bank transfer proposition in UK and EU to take away "operational pain” - 48:40
  • The phoney 'fintech revolution' is eating itself - 49:55
  • Irish banks get green light for payments app - 51:34
  • Internet Explorer is being hilariously serenaded after 27 long years of browsing history - 53:55

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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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