The future of embedded finance is better lending, compliance, I wanted to understand what makes Utah banks so strong in this area. PLUS: Visa benefits from cross border & Adyen still crushing.
Bumper edition! Synapse CEO blames Mercury lawsuit for Chap 11. Plus my favorite Rant in ages: Most companies have no idea how easy it is to beat their customer due diligence (CDD) processes.
The UK is be showing how embedded finance plays out when payments revenue isn't enough, and banks go direct API-first. Plus: Revolut gets a banking licence in Mexico & Petal acquired by Empower.
Brazil has RTP, Nubank & momentum. The world should take note. Plus: Profitable banks without UI's (Clearbank), and the Canadian Unicorn Nuvei is a hint at where growth will come from in payments..
It's contrarian to believe Generative AI will disrupt Fintech, which is wild to me. I Ranted + Robinhood’s new Gold card & Why V/MC are fine but consumers aren't.
Banks exiting their consent orders have high RoE but low risk appetite. Embedded Finance is an ouroboros. What does apple vs DoJ mean for Fintech? Lessons from their battles in the EU.
Consumer Fintech will be more profitable than banks. The disruption has already started in Brazil, it's coming to the US. Plus; $1trn reasons to love Stripe again and UK making faster payments slower
Plus; Monzo's raise and US market entry chances, what Synctera's raise means for BaaS and the Fed's role in Capital One x Discover
Plus; Klarna's path to profit helped by AI, Nubank keeps crushing and don't look now but Bitcoin is approaching it's all time high.
Plus; What Capital One and Discover means for the payments industry, and where are the $100bn Fintech's?
Tokens are the most important topic you're not thinking about enough. Plus; Monzo is the 7th largest UK bank, Revolut is a Telco & there's a dating app for people with good credit scores only.
Plus; Iran uses UK banks to evade sanctions, Adyen and SHOP Pay are crushing PayPal, and Fintech for Latino's affinity or much more?
