Episode 484: FinHealth: All About Fresh

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!

Financial health is a composite of an individual’s financial life, whether they are spending, saving, borrowing and planning in ways that enable them to be resilient and pursue opportunities.

In today’s episode we look at finhealth from a different angle. Listen as Jason Henrichs speaks with two leaders bringing financial health, financial services and healthcare, to the next level. MA-based, non-profit, About Fresh and its Co-Founder and CEO, Josh Trautwein and Jennifer Tescher, President and CEO, Financial Health Network and host of Provoke.fm‘s Emerge Everywhere. Cool things are happening at the intersection of fintech, healthcare and food accessibility all with the goal to provide better health outcomes for everyone. Today we spotlight About Fresh’s Fresh Connect, a platform that enables healthcare providers to connect patients to the food they need to be healthy. With the help of a debit card, doctors prescribe free fruits and vegetables. Once enrolled in the program, the debit card enables the patient to purchase produce and healthy items at stores, farmers markets, mobile marts and online where they already shop. HIPAA compliant, the system recognizes eligible healthy foods at checkout, covering the cost. This tech enabled food prescription program is helping to transform patient care, improve health outcomes — healthcare teams can measure impact via frictionless payment technology –and provide access to healthy foods, overcoming challenges of food deserts and even branch deserts.  Good things are happening in FinHealth!