Episode 430: London Calling & Razzle-Con

Today’s special episode of Breaking Banks comes to you live from Fintech House @SXSW. Listen as guest host Dara Tarkowski, Managing Partner, Actuate Law and host of Breaking Banks’ sister podcast Tech on Reg speaks with Mike Bechtel, Chief Futurist at Deloitte Consulting and David Reiling, Chairman and CEO, Sunrise Banks; Author, Fintech for Good; and host of Provoke.fm‘s NextGen Banker. These are wild times, it helps to have a futurist with a background in anthropology to put things in perspective. Where are the opportunities in evolving technology, what’s hype and nonsense? At times we are so busy wondering if we can do something, that we don’t always think if we should. Intentionality and mindfulness are good things, and mild chaos is where opportunity lies, where niches and new angles can be discovered.

In 2013 there were 2.7 billion unbanked people in the world. Today the number stands at 1.3 billion. Huge strides have been made in the last decade vs. the last hundred years. Listen as Brett King connects with Kosta Peric, Deputy Director, Financial Services for the Poor, Bill and Melinda Gates Foundation in the second half of the show. It’s important for everyone to be part of the economy — an economy that includes everyone benefits everyone. Listen as they discuss global advances in banking and payments, digital public infrastructure, and the importance of mobile wallets and identity. Game changing innovation at work!

This week on Breaking Banks host Brett King interviews the 693rd Lord Mayor of the City of London, Vincent Keaveny. With his mission to invest in a better tomorrow, the head of London Corporation discusses his role in supporting Fintech in the U.K., driving investment, ESG (with his personal emphasis on the S), COP26/27, and his special role in the service of Thanksgiving to celebrate the Queen’s Platinum Jubilee. It’s an engaging piece from across the pond.

Thereafter JP Nicols and Brett speak with author, advisor, and regular commentator on digital financial services David Birch about the modern face of fraud. With Razzlekahn con, a $500 Walmart gift card helped unravel a $4.5 billion crypto money laundering scheme that challenged investigators for years. The face of fraud now has many visages and the devil truly is in the details. Enjoy the episode!

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