Episode 462: Innovation IRL

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!

Back to life, back to reality :notes:. Or at least back to “in real life.” Conferences are back. Finovate had its largest show ever in New York City and the Provoke team is crisscrossing the globe to speak, record and fight. That’s right, fintech fight club made another appearance at Finovate with Lindsay Davis of Atomic squaring off against Mary Wisniewski from Bankrate. The best fight yet and it’s available at provoke.fm

This week far fewer punches but Jim Marous, Chloe James and Jason Henrichs talk about all things Finovate. One of the key takeaways from the return to in person is the awkward “how do I end this conversation” in real life vs. online. Jason demonstrates how much easier it is online by hanging up on Jim! Then Chloe connects with Sam Kilmer, Cornerstone Advisors and James Robert Lay, Digital Growth Institute. With current volatility what wins deals and how has deal-making changed? New patterns, new approaches and opportunities to transform banking for good.

We hope to see you in person soon too!

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