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Breaking Banks


The #1 global fintech radio show and podcast. Every week we explore the personalities, startups, innovators, and industry players driving disruption in financial services; from Incumbents to unicorns, and from the latest cutting edge technology to the people who are using it to help to create a more innovative, inclusive and healthy financial future.


New York, NY




The #1 global fintech radio show and podcast. Every week we explore the personalities, startups, innovators, and industry players driving disruption in financial services; from Incumbents to unicorns, and from the latest cutting edge technology to the people who are using it to help to create a more innovative, inclusive and healthy financial future.






Episode 519: Fintech Turkeys and Banking Thanks

In This Episode Want to wow your family over the holidays with your fintech and banking knowledge? We offer a helpful primer for Thanksgiving table conversations as Breaking Banks' Jason Henrichs gathers with industry notables and friends Kiah Haslett, Bank Director; Alex Johnson. Fintech Takes; Jason Mikula, Fintech Business Weekly; and Mary Wisniewski, Cornerstone Advisors to talk banking turkey, give thanks, and share the nerd things they'll be talking about around their dinner tables. Happy Thanksgiving from Breaking Banks!


Episode 518: Gigantic Data Puzzles: Open Banking US & Cannabis Banking — Spicy Hot!

In This Episode Regulators are bringing it, market pressures are adding to it and Jason Henrichs and Alex Johnson are jumping right in on Open Banking US with the Ghost Pepper hot sauce. Listen as the dynamic duo decipher the proposed 1033 ruling from CFPB, what it means for financial institutions and consumers, who owns transaction data, how it can be used, and how the sharing of data lakes would enable mutual relationships and better financial decisions. Efforts are underway to bring clarity to the market and while Open Banking US applies to financial institutions, it will also affect big tech with all the data and information they have on us (i.e. Amazon and Apple), and anyone who offers a credit card and digital wallet. How does BNPL fit into the mix? It's another hot take from Breaking Banks. Then, JP Nicols interviews Kevin Hart, CEO of Green Check, about the challenges for banks and credit unions to compliantly and profitably serve cannabis-related businesses (CRBs). Cannabis is legal in nearly half the states, so CRBs have lots of dollars looking for a home, and are popping up in more and more locations. Cannabis is not legal at the federal level, so banking these businesses involves understanding sticky details in licensing requirements, state guidelines, and state specific programs the require extensive monitoring.


Episode 517: Expectations vs. Reality: Latest Global Findings for Financial Services & Digital Identity

In This Episode This week join Brett King as he discusses the latest research from a newly released study on expectations vs reality in financial services. It's an enlightening conversation with DeAndre Jones, Chief Client Officer, FIS Banking Solutions and John Stuckey, Senior Director, Product, FIS Retail Solutions exploring the priorities of consumers when choosing financial services providers, the priorities of financial services executives in where they are investing for future innovation, and the points of alignment and misalignment between the two populations. Then we learn how Clear is expanding beyond the airport and into fintech, just to be 'clear' airports are where they proved out their thesis around secure identity and what it does to unlock experiences, now they are bringing learnings into the digital space. Digital identity is a hot topic, and financial services is a great space in which to play. It's an interesting segment with host JP Nicols and Derek Gottfrid, Chief Product Officer, there's definitely a 'clear' opportunity (sorry, couldn't resist) in financial services. Enjoy the episode!


Episode 516: Open Banking: Forging Ahead With Data & Themes from M20/20 ’23

In This Episode Join Jason Henrichs as he speaks with Matt Wilcox, President, Digital Payments and Data Aggregation, Fiserv; Raja Chakravorti, Universal Access Lead, Plaid and Aly Yarris, Financial Access, Partnerships at Plaid about Open Banking today, how banks might want to approach it. Our guests give a quick lay of the land in digital finance right now, talking about data, data sharing and privacy, ownership, the importance of secure connectivity, access points and APIs, Addressing growing consumer demand to access their financial information when, where and how they want, Fiserv and Plaid recently announced an agreement to enable secure connectivity to allow consumers to do just that -- share their financial information with the third-party financial apps and services of their choice working with established connections and key infrastructure. It's an informative segment with relevancy for banks of all sizes. Then JP Nicols connects with Scarlett Sieber, Chief Strategy & Growth Officer at M20/20 to talk about themes and highlights from this year's gathering. The duo, and the event, cover a wide range of topics from AI (no surprise!) to RegTech,specifically Open or Connected Banking under the CFPBs 1033, Digital Wallets and Small Business Payments while touching upon keynotes and fireside chats with Regulators, ex-Regulators and Senators. Another epic event! Be sure to move this episode to the top of your list!


Episode 515: Fintech Visionaries Reimagining The Future of Finance; Part 2 Latam & then Payments in Kazakhstan

In This Episode This week we feature the second of a three part series focusing on fintech visionaries reimagining the future of finance. In today's first segment, Brett King and JP Nicols are joined by Solana Cozzo, Head of Mastercard Advisors Business Development for Latin America and the Caribbean, and Mariana Franza, Chief Operating Officer at Ualá. Ualá, an Argentine fintech company, partnered with Mastercard to offer users an innovative and integrated digital experience with convenient and lower-cost services than other alternatives. Argentina has a large unbanked and underbanked population, and Uala has quite a story to tell with 5.5 million customers in 5 years and the ability to meet customers where they are and how they want to engage. It's another interesting segment in the series spotlighting the benefits of partnership and empowering partners to disrupt, revolutionize and grow with agility and speed where there is need. Smart decisions with positive outcomes. Then we travel with Brett to Kazakhstan, the ninth largest country in the world, to hear from one of their fintechs, Wooppay, and its Chief Compliance Officer, Yuliya Salekhova about what Wooppay is doing to drive innovation forward in the country. The first in mobile financial services in Kazakhstan, Wooppay has an unique place and story. Listen as Brett and Yuliya discuss Wooppay's wallet ecosystem and the future of payments. Innovators from around the world reimagining the world of finance


Episode 514: By Popular Demand, Hot Takes: Fintech on Fire

In This Episode It's Fintech on Fire, and more Hot Takes from MX's Money Experience Summit in Las Vegas. This episode features three bold panelists eager to tackle hot questions and even hotter wings! For every question and hot take, our panelists Mary Wisniewski, Editor-at-Large, Cornerstone Advisors; Neff Hudson, Trusted Leader in Transformation Change, Castle Hills Consulting, retired USAA veteran (pun intended); and Wes Hummel, CTO, MX will join host, moderator and spice aficionado Jason Henrichs in eating progressively spicier chicken wings. The discussion is hot and the sauces bring out some honest and entertaining reactions. It's another Hot Takes hot session as they look to the future and work up to MXtreme's secret sauce!


Episode 513: Stablecoins Going Mainstream

In This Episode In this week's episode of Breaking Banks, Brett King engages in an informative and dynamic discussion with Jonathan Anastasia, EVP, Crypto & Security Innovation, Mastercard and Mike Coscetta, Head of Revenue at Paxos Trust Company about why financial leaders should be investing in blockchain now. It's a watershed moment for stablecoins and an opportunity to extend the benefits of blockchain technology to the realm of traditional finance and everyday transactions while ensuring integrity and security for customers. The trio cover it all -- the state of the market today, the volatility, regulatory outlook and crackdown, international trends vs that in the US, growth in crypto in LATAM & other regions -- and then dive in to their partnership, Crypto Source, sharing their vision for crypto in banking, what it means for the industry and how easy it is for banks to turn on, safely and compliantly, while being in control. With banks unlocking crypto, what does it mean for the future of finance? Listen to find out, now's the time!


Episode 512: Future of Money

In This Episode Jennifer Sertl, Founder Agility3R, hosts a dynamic panel at SIBOS 2023 with the dream team of Dr. Leda Glyptis, #LedaWrites; Tom Zschach, CIO, SWIFT; and Brett King, certainly no introduction needed here!, sitting in the panelists seats for Innotribe's Future of Money. We're in the midst of a transition, money historically has been the universal medium of exchange, a unit that signifies worth. As we venture deeper into the 21st century, the notion has been broadened and reshaped with tech advances, decentralized finance and other digital assets changing the concept of money and challenging the essence of value exchange. This transition extends to how value is perceived, created and distributed. It's the last of its class ... next year it's the Future of Value!


Episode 511: Fintech Visionaries Reimagining The Future of Finance & Hot Takes: Fintech on Fire

In This Episode This week we feature the first of a three part series focusing on fintech visionaries reimagining the future of finance. In the first segment host Brett King connects with Mariam Ogunbambi, Chief Client Officer at Engine by Starling, the technology arm of Starling Bank and Bronwyn Francis, SVP, Advisors Business Development, Mastercard. Starling Bank, as many of you know, is Britain’s first digital bank, a true fintech success story. Engine is the platform that powers Starling and is now being provided to banks globally as a Software-as-a-Service solution to help them innovate, digitally transform or launch new digital offerings in their own markets, offering the opportunity to keep up with the pace of change and chance to replicate some of the Starling Bank magic. It's an interesting first segment in this special series! Then, it's time for some more Hot Takes! This time, Fintech on Fire live from MX's Money Experience Summit in Las Vegas. We have three bold panelists eager to tackle hot questions and even hotter wings. For every question and hot take, our panelists Mary Wisniewski, Neff Hudson and Wes Hummel will join Jason Henrichs in eating progressively spicier chicken wings. These hot sauces are guaranteed to bring out some honest and entertaining reactions. It's another Hot Takes hot session!


Episode 510: Future of Money and Web3

In This Episode This week we start with a special segment as we head to SIBOS 2023 in Toronto and prepare for a panel discussion for the Future of Money. We look back over 10 years, pulling clips from prior Future of Money panels, the flagship session for SWIFT Innotribe for many years. Next week we will bring you the highlights from this year's Future of Money panel. It's a two-parter, so stay tuned! Spoiler alert: as we look back there wasn't much that the various panelists got wrong, in some cases the timing was off, but in most they were spot-on as they discussed the digitization of the banking sector and the explosion of banking through the world. Then host Brett King connects with award-winning author and tech investor Alex Tapscott to discuss Alex's new book Web3: Charting the Internet's Next Economic and Cultural Frontier. Referred to as an essential introduction and guide to navigating the next internet revolution, the book and discussion covers everything from the metaverse and NFTs to DAOs, decentralized finance, and self-sovereign identity. The Web and the Internet are entering a new age where individuals own their own identities and can securely trade assets like money, securities, intellectual property and art peer to peer. Web3 promises to shake up business, it is the internet's new frontier. Enjoy the episode!


Episode 509: Making A Difference: Roger That and Discovery Fund

In This Episode It is always exciting when one can do good by combining personal experience, knowledge, need and work to create something for the benefit of many. This is exactly what Citizens Bank of Edmond President and CEO Jill Castilla did with Roger (think military term indicating message received). Listen as Jill and Jason Henrichs discuss how the bank launched a digital bank for military recruits -- entry-level recruits many of whom enter basic training without bank accounts. The lack of an account can delay training start date and a recruit's first paycheck, and financial stability, predatory lending and financial literacy can be threats to military readiness. It's a fascinating success story. Then, as it is FinovateFall, we feature a Finovate conversation between 'MC' Greg Palmer and Elizabeth McCloskey, TruStage Ventures, where they cover the fintech funding landscape specific to Credit Unions and DEI Initiatives.


Episode 508: When Does a Fintech Become a Bank

In This Episode When does a fintech become what they set out to disrupt? Is it when they start offering bank-like products? Get a banking license? Is it when they go all-in and buy an actual bank? In this episode sister pod, Breaking Banks Asia Pacific, asks whether this is good, bad, or something else for competition. The Asian Banker founder Emmanuel Daniel says fintechs struggle to maintain their innovative edge when they get sucked into the bid to become a bank, and Wise’s Surendra Chaplot believes you can be bank-like and still forge a path that is sensitive to customer needs. What do you think?


Episode 507: Innovation, Disruption and Geopolitcal Risk

In This Episode This week FinovateFall Master of Ceremonies Greg Palmer and host of's Finovate podcast gives a taste of things to come as he shares two conversations with FinovateFall keynoters Luke Williams, NYU Stern School of Business Professor and Author of Disrupt, and Manas Chawla, Founder of London Politica. No spoiler alerts here, so you'll need to listen to the episode and come to FinovateFall NYC September 11 -13th to hear Luke talk about Disrupt and Innovation, and Manas talk about Geopolitical Risk and Gray Rhinos.


Episode 506: Fintech Running Just as Fast As It Can

In This Episode John Pitts, head of Policy at Plaid, and Jason Henrichs were recently talking about open finance and the Interagency Guidance on Third Party Due Diligence -- no doubt these are hot topics in your house like they are in ours -- and the idea to record some Hot Takes came to life. In the time it took to ship out Breaking Banks hot sauce, the Federal Reserve Bank decided to do its own hot take and create a supervision program for “Novel Activities.” Jonah Crane, partner at Klaros Group, former regulator in residence at the Fintech Innovation Lab and longtime regulator at the US Department of Treasury joined in on the fun and Dara Tarkowsi, partner at Actuate Law and host of's Tech on Reg podcast accepted the challenge to co-host with Jason for the first half. Then, if that wasn’t hot enough, in the second half, Frank Rotman, co-founder of QED Investors, 5x Forbes Midas Touch investor and Jason talk about building in the upcycle vs. building in the now cycle. Frank brings the heat and great insights!


Episode 505: Women in Fintech: Leaning in on The Metaverse & Climate Change

In This Episode The Metaverse Economy: How Finance Professionals Can Make Sense of Web3 is Arun Krishnakumar and Theo Lau's new book. Listen as Brett King connects with Theo Lau, frequent guest and Founder, Unconventional Ventures. The metaverse is evolving, the way the metaverse is now, is not close to where it will be. The book is designed to equip fintech professionals with an in-depth understanding of the emergent economic models in the Metaverse and across Web3, and also understand the risks associated with the Metaverse and help these professionals prepare for what lies ahead in this immersive environment. The concept of community in the metaverse is important, we don't want to leave people behind. Then Brett and Jason Henrichs shift the subject to talk about recent fires in Greece (sadly we can also add Maui to the list), the Impact of these fires and the EU response to climate change with author and influencer Dr. Leda Glyptis. July 2023 just scattered the record for the hottest month, per NASA, since 1880. There is no denying that climate change is here. Some of these extreme events are naturally occurring, others man-made, but the number and extent of these occurrences is increasing and there are concerns of irreversible desertification. Banks and regulators need to be front and center, and take more of a stance. In natural disasters the financial system sometimes breaks down -- financial inclusion and financial access are concerns. Major systemic banks in Europe are asking themselves the hard questions, not just taking superficial steps. The cost for these extreme weather events is growing exponentially, economics are in play. Covid made people realize there are no boundaries, it's everyone's problem. Climate change also doesn't stop at borders, a similar degree of focus and urgency is needed. Will Europe lead?


Episode 504: What’s Up With VC Investments

In This Episode Rising interest rates caught many by surprise. We saw some banks fail, Fintech venture funding dropped 50% year over year. IPOs were pulled. M&A for banks and fintechs are in limbo. Many say this is nothing short of an innovation nuclear winter unlike anything we've seen before. For others, this state of the world seemed vaguely familiar before a decade plus of Zero Interest Rate Policies. Except, it isn't just a reversion to the mean. There are many structural differences from 2008 and 2000 before that. It feels familiar, but are we really entering the Twilight Zone of Fintech? Is it a dystopian future or will there be an unexpected twist? Listen as Jason Henrichs hosts another HOT (yes, we added some spice!) episode with Rahul Baig, Managing Director, Head of Venture Capital Coverage at Wells Fargo, Sarah Hinkfuss, Partner at Bain Capital Ventures, and Amias Gerety, Partner at QED investors. There was plenty of hot sauce to go with the Hot Takes and debates. Amias even shares his secret recipe for the homemade sauce he was sipping.


Episode 503: Snark Tank Explained & Biometric Payments

In This Episode This week Brett King and JP Nicols are joined by the infamous Ron Shevlin, Chief Research Officer at Cornerstone Advisors and Forbes' Author of Fintech Snark Tank. Listen as they talk about Ron’s latest Forbes articles that have created some buzz! From The Checking Account War Is Over (And The Fintechs Have Won) to The Banking Crisis Has Only Just Begun, they have lots to discuss before they get into what banks need — is it Innovation or is it Invention or Just Growth? Then Greg Palmer host of's Finovate podcast begins his FinovateSpring Best of Show winner spotlight series with a conversation on the future of biometric payments with Deepak Jain, Founder & CEO, Wink. Additional best of show interviews can be found on


Episode 502: Better Tomorrow & Biometric Signatures

In This Episode Welcome to this week's episode of Breaking Banks where we feature pieces from cohosts and sister podcasts NextGen Banker and Tech on Reg. First, David Reiling, host of NextGen Banker, interviews Sheel Mohnot cofounder of Better Tomorrow Ventures, discussing Sheel's first foray into the fintech world with a non-profit and why he’s dedicated his career to making the consumer experience better. Spoiler alert, they also talk about his recent viral wedding in the Taco Bell metaverse. Then we shift to Biometric Signatures: The Digital Dotted Line, and Dara Tarkowski’s conversation with Matthew Gibson Co-Founder of Syngrafii. From virtual signing rooms to remote pens and more, they cover the digitization and compliance of signatures and the changed landscape of biometric signature capabilities.


Episode 501: A Financially Safer World & Fintech4Good

In This Episode Live from Guatemala, Brett connects with execs from Plus TI at the Monitor Plus Conference to talk about financial crime and how AI, data sharing, real-time monitoring and the balance of human and machine learning can prevent fraud, boost bank business and benefit customers. Then, close to 90% of the world’s carbon emissions come from coastal and marine ecosystems, but there is ambiguity on how exactly to measure, manage and take advantage of its protection towards the creation of credits. In this segment from Breaking Banks Europe, host Roberto Capodieci connects with Cerulean Ventures Co-Founder, Jahed Momand. Listen as they talk carbon credits and dive into unlocking the blue carbon credits marketplace.


Episode 500: Celebrating 10 Years of Breaking Banks

In This Episode Today we feature a special anniversary episode of Breaking Banks with hosts Brett King, Jason Henrichs and JP Nicols looking back over 10 years and 500 episodes of Breaking Banks. Listen as the team reflects on highlights and their favorite moments, throughout you’ll hear from some special guests and hosts. Thank you to our loyal listeners for helping to make us the #1 global fintech podcast. Here’s to 500 more and continuing to chronicle fintech innovation around the globe. Cheers!