Episode 479: Fintech Musings From The Firepit
Live from AOBA (Acquire or Be Acquired Conference)! As bank leadership and executives focus on strategy & growth, explore paths to creating more value and the evolving competitive landscape, Jason Henrichs, Alex Johnson and Mary Wisniewski take time out to gather around the firepit to problem solve and offer up some spicy takes and take-outs.
Banking is complex, redflag those that don’t recognize that. Competition, economic challenges and friction can garner results, leading to business opportunities and new business models for those looking to differentiate and innovate. As banks continue to fight for deposits, the trio cover fintech partnerships, affinity groups, fees – those that cost and the idea of subscription, debt – both a trap and tool, and how some critical parts of banking are just plain squishy!