Created with Sketch.
Tearsheet Podcast: The Business of Finance
22 minutes | Sep 30, 2022
The Green Finance Podcast Ep. 10: How banks can help their customers lower their carbon footprint
We've talked a lot on this podcast about the growing consumer awareness around climate change. Considering the scale of the problem, a lot of us feel like we're not doing enough, but also that there's only so much we can do. It's hard to know even where to start as a person, and it gets even harder at company or government level. But we are learning, and one of the biggest lessons that I think will define this decade is how our financial choices impact the planet. We choose to shop at a particular store, we choose to buy from a certain brand and we choose to eat what we eat. Same goes for the financial system – banks and financial institutions choose who to lend to, and they choose which sectors warrant investments. Studies show that when it comes to their bank, consumers do care about alignment with personal values – it was the second-most prized service by bank customers, right after higher interest rates on savings accounts. The majority of people want to know more about the environmental impact of how they spend their money and want their banks to help them take action and reduce their environmental impact. Moreover, consumers also want their banks to decarbonize, considering the financial support they've given over the past decades to the fossil fuel industry, for example. But in order to make the right choices - that is, the choices with the least negative impact on the planet - we need information, we need tools. This means data and technology at scale. I'm talking about this today with my guest Emma Kisby, UK & Europe CEO of Cogo - a company that provides carbon footprint management products that enable individuals and businesses to measure, reduce and offset their impact on the climate. There's lots to cover, so let's dive right in. To read the transcript of our conversation, click here: https://tearsheet.co/the-green-finance-podcast/the-green-finance-podcast-ep-10-tangible-steps-banks-can-take-to-help-their-customers-lower-their-carbon-footprint/
26 minutes | Sep 28, 2022
Where Credit's Due Ep. 10: Getting capital without dilution or debt through revenue-based financing
It's tough to raise capital these days – VC wallets are tightening as many investors are opting for a wait-and-see approach. This makes it harder to land a deal and get more cash through the door. For entrepreneurs in need of financing for their companies, equity capital is still the most popular approach but harder to come by in an inflationary environment. However, dilution by selling ownership shares in your company for a part of future cash flows is not the only way to get capital. There's also debt, which comes in the form of bond issues or loans, a means of financing operations without dilution, as long as – again — you have the cash flow to pay back the loan. But today we're talking about another way of accessing capital – recurring revenue financing - so if there's cash flow coming in, this recurring revenue is made into a tradable asset that can be sold to investors. It's a dilution-free and debt-free form of financing, which I'm exploring in more detail with Michal Cieplinski, Chief Business Officer of Pipe and Farhan Lalj, Investor at Anthemis.
23 minutes | Sep 27, 2022
Behind Amex's use of Kabbage as 'the heartbeat' of its strategy to help SMBs with cash flow
Welcome to the Tearsheet Podcast. I’m Tearsheet’s founder and editor-in-chief, Zack Miller. American Express' Kabbage is growing and evolving. As a standalone company, we’ve known Kabbage as a small business lender, and post-acquisition, as part of Amex’s strategy, it’s expanding its lending capabilities into becoming a cash flow home base for the firm’s SMB clients. CMO Brett Sussman joins me on the podcast today to talk about the opportunities and challenges SMBs face, and how Amex and Kabbage are working to support them. We discuss the evolution of Kabbage as a product, and Amex in general as it expands to meet the needs of small businesses. We also talk about Amex’s two-pronged strategy to grow Kabbage. Kabbage’s Brett Sussman is my guest today on the podcast.
15 minutes | Sep 23, 2022
Power of Payments Ep. 14: JPMorgan vs Stripe and Block, CFPB is coming for BNPL, and LTO vs BNPL
Welcome back to the Power of Payments podcast. I’m your host Ismail Umar, and in today’s episode, we discuss JPMorgan’s acquisition of payments firms Renovite and why it matters, the CFPB’s recent report on BNPL firms, which suggests that regulation is coming for the sector, and why lease-to-own, which is another type of installment payment option, has been gaining popularity in recent months.
24 minutes | Sep 22, 2022
'Earned wage access is the next evolution in improving day-to-day liquidity': Argyle's Matthew Gomes
The following was produced by Tearsheet Studios. We worked with employment and income data platform Argyle to create a podcast about how alternative lending options such as earned wage access, early pay and paycheck-linked lending can solve some of the challenges for consumers who do not qualify for traditional credit today. More than 50% of Americans live paycheck-to-paycheck and may have thin or no credit history. In today’s podcast, we’re speaking to Matt Gomes, Director of Strategy at Argyle. He breaks down how alternative options like paycheck-linked lending, earned wage access, early pay, and cash advance can offer different solutions.
22 minutes | Sep 21, 2022
'Developers have become as central a figure as the banks': Fiserv's Nirajan Ramaswamy
The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our fifth conversation in the series, we’re speaking to Niranjan Ramaswamy, vice president and general manager of embedded fintech at Fiserv. As we continue talking about the evolution of open finance, Niranjan shares how Fiserv is helping developers create amazing experiences as they bridge the gap between fintechs and FIs.
22 minutes | Sep 16, 2022
The Green Finance Podcast Ep. 9: Unpacking the politicized world of ESG with Earth Equity Advisors
I've got a great episode for you today, starring special guest Peter Krull, CEO of Earth Equity Advisors. I always love talking to Peter about all things climate, especially ESG. I feel like he's got a really healthy way of looking at it, because there's a lot of hype in this sector. So don't believe the hype, and always look under the hood. On today's podcast, Peter and I are talking about how to think about ESG, with a sprinkle of politics – we've seen that a number of states have started to ban financial institutions that sought to distance themselves from fossil fuel industries, so the drama in this sector shows no signs of slowing down. All of that and more, in today's show, so let's dive right in.
24 minutes | Sep 14, 2022
Where Credit's Due Ep. 9: How B2B BNPL works, with Playter and Codat
In today's episode we're talking about buy now, pay later. No, not the consumer version that first comes to mind - we're diving into the B2B version. While B2C BNPL continues to dominate the headlines, its less talked about cousin in the more significant B2B world is just starting to get the spotlight. An increasing number of businesses are transacting online, but the payment rails still disappoint many times. And given the shake up in supply chains, companies could truly benefit from a product that can help them navigate cash flow problems. This is what B2B BNPL aims to do - bringing the latest digital tools to age-old methods of business to business transactions. We're talking about this today with my guests Jamie Beaumont, CEO at Playter, a B2B BNPL fintech based in the UK and Yasamin Karimi, Head of Product at Codat.
23 minutes | Sep 12, 2022
How Amex reached card parity in the US with Raymond Joabar
When I was a kid, my father had a successful friend who prided himself on carrying an Amex card. But frequently, when we went out to a sporting event or a restaurant, he'd have to fumble around for another card because the establishing didn't accept Amex. That’s changing. Amex has reached parity in the US with other cards. That’s thanks to the work of Raymond Joabar’s team. Raymond is the Group President, Global Merchant and Network Services at American Express and manages direct and indirect channels for expanding the card network’s acceptance. We talk about the channels Amex is using to expand its footprint and the fintech partners helping it get there. We also talk about the work Amex is doing within transportation, B2B, and crypto. It’s an interesting conversation with Raymond – hope you appreciate it.
27 minutes | Sep 9, 2022
Power of Payments Ep13: Rapyd's Eric Rosenthal on lessons for US firms from other payments providers
Welcome back to the Power of Payments podcast. I’m your host Ismail Umar, and on today’s episode, I’m joined by Eric Rosenthal, vice president of corporate development, strategy and partnerships at Rapyd. Rapyd is a London-based payments firm that markets itself as a fintech-as-a-service platform, which provides APIs to help businesses integrate local payments and fintech capabilities into their applications in a simple way. In our conversation, Eric talks about the meaning of fintech-as-a-service, how Rapyd caters to businesses of different sizes including major firms like Uber, what American companies can learn from payments firms in Latin America, Asia, and Europe, and how startups in the space should try to deal with the current downturn.
15 minutes | Sep 7, 2022
'Not all fintech integrations are created equal': Fiserv's Jon Nordhausen
The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our fourth conversation in the series, we’re speaking to Jon Nordhausen, VP of product management for the fintech organization within Fiserv. As we continue talking about the evolution of open finance, Jon shares how cloud data integration is removing friction and enabling new capabilities for collaborations between fintechs and FIs.
24 minutes | Sep 6, 2022
The Acquire Podcast Ep16: Farmers markets to SoFi and around the globe, Square's brand is united
For the season finale of the Acquire Podcast, I’m speaking to the CMO of Square, Lauren Weinberg. We’ll be talking about the thirteen year evolution of Square’s growth, creating a unified brand ecosystem across totally different markets (from farmers markets stands to all of SoFi stadium), on exporting Square’s familiar at-home brand across oceans by going to market in new cultures and geographies like Spain and France, and how the different teams in the company work together to make it all happen.
27 minutes | Sep 2, 2022
The Green Finance Podcast Ep. 8: On technology enabling sustainable banking, with Temenos
Tearsheet's Power of Payments Conference: https://bit.ly/3R6oENt There's an increasing demand for services that help banks and financial institutions discern between all these new labels that have grown in popularity almost overnight. And the supply side is responding – Temenos, one of the biggest banking infrastructure providers in the world, has launched ESG Investing-as-a-service I've invited Temenos' Chief ESG Officer Kalliopi Chioti to tell us more about their approach. Kalliopi had some really inspiring perspectives on sustainable finance, the rising demand of sustainability investment tools, as ESG moves into the mainstream. We're also chatting about the new sectors to watch as finance becomes more environmentally conscious and more digital - as AI and data have their role to play in green finance too.
25 minutes | Aug 31, 2022
Where Credit's Due Ep. 8: How AI is changing lending with Zest AI and Informed.IQ
Join us at Tearsheet's Power of Payments Conference, on September 15th at Current, Chelsea Piers, NYC. Apply for tickets here: https://bit.ly/3R6oENt When we talk about lending nowadays, it's no longer just about big banks with large underwriting teams. Advancements in technology are completely changing the lending and loan management practices. It's all about AI these days - a cost-effective way to reduce that long time it usually takes to close a loan, boosting competitiveness and profitability. Automation allows lenders and banks to focus more on the customer experience and less on looking at data from all kinds of standardized forms. Digital lenders have shown that their bet is on technology, rather than balance sheets. Plus, through the use of alternative data, lenders can access a wider customer base, as folks who maybe didn't qualify for a loan under FICO can now be found eligible. We're exploring this topic today with my guests Zest AI CEO Mike de Vere and Informed.IQ CEO Justin Wickett.
14 minutes | Aug 26, 2022
Power of Payments Ep. 12: Metaverse payments, sonic branding, and cash vs crypto
Welcome back to the Power of Payments podcast. I’m your host Ismail Umar, and in today’s episode, we discuss what financial firms need to know about payments in the metaverse, and why building a sonic brand is becoming increasingly important as consumers become more reliant on contactless payments and voice technology. We also talk about crypto payment adoption patterns among consumers and merchants, and whether crypto could ever replace cash.
19 minutes | Aug 24, 2022
'Data is the crux of open finance': Fiserv’s Jamie DelMedico
The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our third conversation in the series we’re speaking to Jamie DelMedico, General Manager of Fiserv’s Aggregation and Information Services Unit. As we continue talking about the evolution of open finance, Jamie gives us some insight into the evolution of data processes within the fintech environment.
29 minutes | Aug 19, 2022
The Green Finance Podcast Ep. 7: Connecting capital to sustainable projects with Trenton Allen
Climate change awareness is growing, and it’s starting to bring more capital along with it. New investment prospects, paired with pressures coming from the public and regulators, are driving up interest in sustainable investing. Today we are chatting with Trenton Allen, CEO of Sustainable Capital Advisors, a DC-based financial advisory firm serving the sustainable infrastructure industry. Trenton is an expert in energy and capital markets, and leads the firm's efforts behind connecting developers and capital providers to support global sustainable infrastructure projects. He has lots of insightful things to share with us, so let’s dive right in.
30 minutes | Aug 17, 2022
Where Credit's Due Ep. 7: A digital economy carries the risk of fraud in financial services
With consumers continuing to take a digital-first approach to everything from shopping to dating and investing, fraudsters are finding new and innovative ways to commit fraud. Traditionally, when a person would walk into a bank branch to open an account, they would need multiple forms of identification. But online, customer onboarding has turned into a riskier process for banks and consumer fintechs, with fraudsters trying to take advantage of their systems. Reducing the stress of fraud allows for a more streamlined application process, making it easier for consumers to get approved for a loan or bank account. This aspect also has implications for groups of consumers that previously had a hard time accessing credit or other types of financial products and services, as banks can verify the applicant in a way they weren’t able to before. I talk about this today with my guests Kimberly Sutherland, vice president of fraud and identity strategy at LexisNexis Risk Solutions and John Buzzard, Lead Analyst, Fraud & Security at Javelin Strategy & Research.
25 minutes | Aug 12, 2022
'As far as next gen cores are concerned, fintechs lead the way': Fiserv's Frank Sanchez
The following was produced by Tearsheet Studios. We worked with payments provider Fiserv to create a podcast series about open finance and the work of empowering fintechs, brands, and FIs to collaborate and innovate together. In our second conversation in the series, we’re speaking with Frank Sanchez, vice chairman of Fiserv, and co-founder of Finxact. We talk about the promise and challenges with next generation cores, how fintechs are leveraging them in pushing open finance forward, what sets them apart from legacy banking cores, and what innovations we can anticipate in the near future.
19 minutes | Aug 8, 2022
Jiga embeds payments in manufacturing workflows
Welcome to the Tearsheet Podcast. I’m your host, Tearsheet’s editor in chief, Zack Miller. There’s a reason B2B payments hasn’t been solved. It’s so complicated – the need for different terms, payment forms, approvals and workflows makes it damn hard to automate and digitize. So to really get at the heart of B2B payments, you have to first start with the quoting and invoicing process – payments come later. That’s just what Jiga is doing for the manufacturing sector. The SaaS company has zeroed in on improving the work that goes into everything that comes before payments in manufacturing – embedded payments is just the next piece. Jiga’s co-founder and CEO Adar Hay joins us on the podcast today to discuss the evolution of his early stage company. From the pandemic-era genesis story, we move on to how the firm’s product supports the different players in the manufacturing value chain through payments. Adar Hay is my guest today on the Tearsheet Podcast.
Terms of Service
Do Not Sell My Personal Information
© Stitcher 2022