Barb MacLean, Danny Payne and Nick Evens at Finovate Fall 2024

In this episode of the Fintech Hustle podcast, host Sam Kilmer and co-host Stacey Bryant chat with Barb MacLean, Danny Payne, and Nick Evans at the Finovate Fall conference about their roles in the fintech industry. They discuss topics such as enabling community banks through technology, modernizing tech stacks, the importance of being a platform company, and the need for consolidation in the industry. They also share their thoughts on the demos and presentations at the Finovate conference.

Takeaways

• Enabling community banks through technology is a key focus for Coastal Community Bank.
• Modernizing tech stacks is essential for banks to keep up with customer expectations.
• Being a platform company and offering broader solutions is important for fintech companies.
• Consolidation in the industry is needed to streamline operations and improve collaboration.
• Demos and presentations at conferences should focus on solving real problems and providing valuable solutions.

Chapters

• 0:00 Introduction and Setting
• 2:53 Day In The Life
• 5:43 Finovate and AI
• 8:26 Listening to the Ground Swell in the Industry
• 9:50 Thinking Outside the Box with Niche Solutions
• 11:45 Addressing Fraud and Reputation Management
• 12:45 The Need for Consolidation in the Industry
• 14:07 Improving Collaboration and Communication
• 15:33 Being Ready to Have Conversations with Banks and Credit Unions
• 17:00 Conclusion and Thank You