In this episode, Anthony Sharett, President of Pathward, joins Glenbrook’s Bryan Derman to share insights on the evolving partner banking space, the importance of risk and compliance frameworks, and Pathward’s mission of financial inclusion. Tune in as they also discuss potential policy and regulatory changes due to implications of major discrepancies in the banking-as-a-service arrangement between fintech platform Synapse and its banking partners.
Powell Squashes the Possibility That the Fed Will Develop Its Own Digital Currency
"Federal Reserve Chair Jerome Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge. Ending several years of speculation whether the Fed would join some of its global counterparts, including China, in...
How Core Values Shape Our Relationship With Cash
"What drives our choices when it comes to using cash versus other forms of payment? For Dr Julia Pitters many influences come into play when we make that decision: from the sense of trust and security that make cash appealing through to concerns surrounding the...
Socure Launches RiskOS™: The First Risk Decisioning Engine Built on the Industry’s Most Comprehensive Identity Graph
"Socure announced the general availability of its new RiskOS platform. RiskOS builds on Socure's strategic acquisition of Effectiv by integrating its sophisticated orchestration and decisioning engine with Socure's market-leading identity verification and fraud...
Finance Zelle Payments Top $1 Trillion in 2024 as Network’s Growth Outpaces Rivals Including PayPal
"Zelle, the payments network run by bank-owned Early Warning Services, crossed $1 trillion in total volumes last year, which it said was the most ever for a peer-to-peer platform. Its user base jumped 12% to 151 million accounts in 2024, and that the total dollars...
Singapore Regulator, Banking Association to Set Up New Payments Entity
"Singapore's financial regulator and the Association of Banks in Singapore (ABS) said they will set up a new entity to consolidate the administration and governance of national payment schemes and further grow them. They will also collaborate with MAS to develop...
Teaching an Old Dog New Payments Tricks with Stablecoin
"Learning how to purchase stablecoin and use it to make purchases took some research. If you were wondering why anyone would use stablecoin or why merchants would be interested in taking it, we encountered some of the same questions at the beginning of the pandemic...
JPMorgan Adds Buy-Now, Pay-Later Provider Klarna to Its Payments Platform
"JPMorgan Chase & Co.’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later options for its merchants. JPMorgan Payments will provide some 900,000 businesses the ability to offer Klarna’s fast-credit options to their customers,...
Affirm Plans to Bring Buy Now, Pay Later Debit Cards to More Users Through Deal With FIS
"Affirm has partnered with FIS in a deal that will allow the fintech company to offer the pay-over-time service to its banking clients and their millions of individual customers. Any bank that partners with FIS will be able to provide its own version of the Affirm...
NIBSS Bets on QR Codes as a Cash Alternative for Small-Value Payments
"The Nigeria Inter-Bank Settlement System (NIBSS) is betting on QR codes as a cash alternative for small-value transactions after improving its Nigeria Quick Response (NQR) payment platform. NIBSS engineers said they have improved the speed of QR code payments by...