Episodes
Tuesday Apr 23, 2024
Jean-Paul LaClair of FDX on Open Finance
Tuesday Apr 23, 2024
Tuesday Apr 23, 2024
In this episode we talk with Jean-Paul LaClair, Senior Director of Product and Financial Data Exchange about the best ways to pursue open finance through adoption of systems and standards. Jean-Paul came out of Cornell University with a BA in Economics and Sociology, and prior to landing at Financial Data Exchange worked at USAA and M&T Bank. We cover topics like:
- What’s lacking in our conventional approaches to lending?
- How do we build a financial ecosystem that serves everyone?
- What exactly is open finance?
- How exactly does open finance benefit consumers and customers?
- How do you get so many players in finance to coalesce around one standard?
- What are the security concerns around open finance and data-sharing?
- Who are the member organizations that would participate in open finance?
Useful Links:
Financialdataexchange.org
Tuesday Apr 23, 2024
Michael Whitt of ApexEdge on Subscriptions Management
Tuesday Apr 23, 2024
Tuesday Apr 23, 2024
In this episode we speak with Michael Whitt, President and Co-founder of ApexEdge, about subscription-based products and services and how financial institutions can offer superior customer experiences related to subscriptions. In our discussion we cover things like:
- The disparities between consumers and providers.
- Why are so many businesses moving to subscription instead of ownership business models?
- Why subscriptions cancellation may soon be table stakes for financial companies.
- What is “friendly fraud”?
- How this affects the relationship between banks and subscription providers.
Useful links:
ApexEdge
Michael Whitt on LinkedIn
Envestnet Yodlee
Tuesday Apr 23, 2024
Farouk Ferchichi on Financial Intelligence and Wellness
Tuesday Apr 23, 2024
Tuesday Apr 23, 2024
In the debut episode of our podcast, we speak with Farouk Ferchichi, Group President of Envestnet | Yodlee and Global Head of Envestnet Data & Analytics about his fintech entrepreneurial background and how what he’s learned along the way is being applied now in his work at Envestnet. Our chat covers things like:
- Effective ways to sell transformation internally
- Data democratization in the age of drowning in data and data command & control.
- What is “financial wellness” and is it the same for everyone?
- The different services financial customers need at every stage of their financial journey.
- What’s the best role for AI to play right now in financial management and advisement?
Useful links:
Yodlee.com
Farouk Ferchichi on LinkedIn
We Are Envestnet Yodlee
As a global leader in data aggregation and data analytics, Envestnet | Yodlee enables innovation and insights that help people live better financial lives. More than 1,400 financial services and tech companies, including 17 of the top 20 U.S. banks, rely on our global network and data science tools to empower financial services today—and tomorrow.