Read on Twitter
I've done an awful job at keeping up with #fintech and #finhealth news recently so I'm now reading everything that people I follow have written over the past 6 months. Here are my favourite pieces by @AlexH_Johnson and @FintechTakes:
The case for why the ideal small business lenders understand the context and opportunity of their customers. Lending #fintechs should be hyper-focused on specific verticals like Karat for influencers and @ToastTab for restaurants. https://newsletter.fintechtakes.com/p/the-future-of-small-business-lending
Embedded finances drive customers to make decisions that aren't in their best interest.
"Fintech should not be another weapon in the fight to control today’s most valuable customers. It should be a tool to create tomorrow’s most valuable customer." https://newsletter.fintechtakes.com/p/what-embedded-finance-cant-do
"Fintech should not be another weapon in the fight to control today’s most valuable customers. It should be a tool to create tomorrow’s most valuable customer." https://newsletter.fintechtakes.com/p/what-embedded-finance-cant-do
From @psb_dc: "Instead of creating yet another budgeting app with shiny new UI — we have the know-how and the tech to create something truly meaningful [...] The future of aging should not be a story of survival — but one of living." https://newsletter.fintechtakes.com/p/missed-opportunities-for-more-purposeful
Instead of trying to regulate out the negative effects of overdraft, regulators should focus on incentivizing the market to build a better product. https://newsletter.fintechtakes.com/p/overdraft-is-a-poorly-designed-product
And some healthy skepticism on the realities of #OpenBanking.
1. Most banks are doing the bare minimum
2. If what's created doesn't change underlying financial behaviours, the value of OB won't be realized
3. What gets unbundled will get rebundled https://newsletter.fintechtakes.com/p/the-stories-we-tell-ourselves-about
1. Most banks are doing the bare minimum
2. If what's created doesn't change underlying financial behaviours, the value of OB won't be realized
3. What gets unbundled will get rebundled https://newsletter.fintechtakes.com/p/the-stories-we-tell-ourselves-about
