Episode 129: Breaking Payments: Open Banking Evolution

Look out! Plaid is back in taking the wheel once again, but this time for our newest series of Breaking Payments – to discuss “The Open Banking Evolution”, led by Ajit Tripathi. We were lucky to figure out the perspectives of Liam Gray (Plaid) and Elena Alicea (Gemini) for a lively conversation on the current and future crypto adoption, accessibility, and impact of crypto apps. Where do payments cause friction and possible drop-offs, and how can they influence more and better adoption and conversion? What is the role of UX in this puzzle? And more importantly, how does the relationship between Plaid and Gemini contributes to improving all the dynamics above?

Plus, a treat for our audience – the latest “Global State of Crypto 2022” is available here if you haven’t checked it out yet!
https://www.gemini.com/gemini-2022-state-of-crypto-global.pdf

Connect with our guests:
Liam Gray – Growth Account Manager, Plaid
Linkedln: https://www.linkedin.com/in/liam-gray-38b75077/
plaid.com

Elena Alicea – Head of Product – UK/EU, Gemini
Linkedln: https://www.linkedin.com/in/elenaalicea/
gemini.com

This episode was powered by Plaid – Around the world, more people than ever before rely on digital finance for their everyday lives. Plaid provides the open finance platform to make it all possible. Over 6,000 companies worldwide use Plaid to unlock financial freedom for everyone. Plaid helps people connect to and pay from their financial accounts at over 12,000 financial institutions across the U.K., Europe and North America. To learn more about Plaid and how they can help you build convenient, fast, and secure digital financial and payment experiences, reach out to their team at plaid.com/breakingbanks.

Head of Institutional Business at Aave
About the Author
Ajit is the founder of Asango, a London Based global fintech consultancy that provides advisory services to fintech companies using Machine Learning and Blockchain Technology to deliver superior user experiences in financial services. Ajit is also the blockchain and cryptocurrency correspondent for Breaking Banks Podcast, the number 1 fintech podcast in the world. Prior to this, Ajit was the global Fintech leader with ConsenSys in the London Office and a director in Fintech and Digital Banking at PwC where he co-founded the blockchain practice. Ajit is a well regarded influencer, thinker, blogger and doer in the fintech and blockchain space. In 2017, he was recognised by coindesk as one of the key influencers at large enterprises and served on the Bank of England’s fintech advisory community. He has spoken at prominent fintech and blockchain conferences in the US, UK, Dubai, India, Japan and Hong Kong including Consenus, Money2020 Europe, Finsum Tokyo, Fintech Week and others. He’s been featured in the Breaking Banks, Blockchain Insider and Fintech insider podcasts, contributed to annual coindesk retrospective as well as quoted in the Financial Times, the BBC and a range of other publications. Ajit has served as a mentor at Startup Bootcamp and is currently advising a small number of selected stealth stage startups in fintech and blockchain. Ajit’s previous blockchain engagements include high profile financial services clients such as Bank of England, Nasdaq, Deutsche Bank. Deutsche Boers and MUFG and he’s been instrumental in advising regulators, board level executives and innovation labs across the world in the strategic implications of cryptocurrency, decentralised, peer to peer architectures. Ajit has a rich and varied background in risk and regulatory change program implementation, capital markets technology, distributed systems and telecom protocol engineering. Prior to PwC he served in technology management and innovation roles at Goldman Sachs, Barclays, GE-GXS and Bell Communications Research. Ajit has an MBA from IMD and a Bachelors in Electrical Engineering from the Indian Institute of Technology Kanpur. He is also a CFA charter holder and holds a GARP financial risk manager certification.
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