Jul 16, 2024
Glen speaks with Co-Founder/CEO Austin Wentzlaff about Nook’s
mission to reclaim a personalized credit union member experience,
and why his team planned to be a CUSO from the start. TruStage’s
Danielle Sesko explains how Payment Guard revamps a legacy loan
insurance model for today’s digital personal lending. And Glen
senses a shift in the media narrative on Banking as a Service and
FDIC insurance.
Links related to this episode:
Nook: https://www.nook-inc.com/
TruStage Payment Guard’s Finovate Spring Demo: https://finovate.com/videos/finovatespring-2024-trustage/
Cornerstone/TruStage research paper on embedded payment insurance:
https://www.trustage.com/business/insights/financial-trends/embedded-payment-insurance-digital-lending-research
Last week’s CU Town Hall featuring Roger Grimes on the ransomware
climate: https://www.big-fintech.com/Media?p=cu-town-hall-episode-119-ransomware-protection-with-roger-grimes
NY Times feature story, spurred by Synapse’s bankruptcy, on
consumer confusion around FDIC insurance: https://www.nytimes.com/2024/07/09/business/synapse-bankruptcy-fintech-fdic-insurance.html
The Register’s coverage of the Evolve bank breach, which also
ensnared Synapse: https://www.theregister.com/2024/07/09/evolve_lockbit_attack/
Fintech Business Weekly’s ongoing coverage of the Synapse/Evolve
situation:
https://fintechbusinessweekly.substack.com/
Join us for for the next CU Town Hall on Wednesday July 24
at 3pm ET/Noon PT for a live and lively interactive
conversation tackling the major issues facing CUs today. It’s free
to attend (you might even win a door prize!), but advance
registration is required: https://www.cutownhall.com/
Find us on X and BlueSky at @bigfintech, @jbfintech and
@154Advisors
You can also follow us on LinkedIn:
https://www.linkedin.com/company/best-innovation-group/
https://www.linkedin.com/in/jbfintech/
https://www.linkedin.com/in/glensarvady/