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Summarized Transcript of Episode 601 of Breaking Banks

HOST: J.P. NicholsGUESTS: Phil Goldfeder (American FinTech Council), Penny Lee (Financial Technology Association) What Is Section 1033 and Why Is It Creating Industry Tension? HOST: Let’s start with the core of today’s discussion. Section 1033 of the Dodd-Frank Act has become the epicenter of the open banking battle. Finalized in October 2024 by the CFPB,…

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Fintech Disruption in Banking: Honoring Barb MacLean’s Legacy

Summary In June, the world of fintech disruption in banking lost one of its brightest lights: Barb MacLean. She wasn’t just a strategist or operator. Rather, she was a connector of people, ideas, and industries. A vital force behind Alloy Labs and a co-host of Breaking Banks, she made complex ideas accessible.Moreover, she brought clarity…

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Summarized Transcript of Episode 600 of Breaking Banks

Speakers Tribute to Barb McLean: A FinTech Legacy Remembered SPEAKER 4In June, we lost Barb McLean, an innovator, mentor, and beloved figure in the FinTech ecosystem. A pillar of Alloy Labs and a key voice on Breaking Banks, Barb combined deep expertise in technology and banking with a human-centered approach. Her FinTech Playlist newsletter became…

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How Banks and Fintechs Can Stay Ahead of Fraud in the Embedded Finance Era

Summary Fraud in embedded finance is evolving faster than most institutions can react, and the consequences are increasingly systemic. Traditional approaches manual investigations, delayed Suspicious Activity Reports (SARs), and internal case management are proving too slow and siloed to combat the rise of first-party fraud and synthetic identities. As fintech enters a new maturity phase,…

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