Archives: Podcasts
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The Fintech Effect: Plaid on the state of the industry, AI, Pay by Bank, financial inclusion and consumer confidence
This week, we sat down with Raja Chakravorti, Head of Universal Access at Plaid, to broadly discuss the state of the fintech industry in 2024 and the evolving consumer attitudes that are shaping it. Why has fintech become so ubiquitous and where is it headed in 2024? How has the definition of fintech evolved over…
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Converge Market Update: A March towards disinflation, rate cuts and policy shifts?
March will be an interesting month in financial markets, driven by three major themes: inflation, paring back of interest rate cut expectations, and the lack of volatility despite underlying risks. Upcoming events in March, including central bank rate decisions, will be significant and could induce price action.
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1% built: Opportunities and challenges in building Africa’s payment infrastructures
Payments in Africa are “1% built,” presenting a massive opportunity to unlock growth for businesses and improve lives – not just on the continent itself but also around the globe where migrants proliferate and prosper. Join Benjamin Fernandes, CEO of Nala, a cross-border payments and remittances fintech focusing on building Africa’s modern payment infrastructure, to…
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Converge Market Update: Resilient economic growth, stalled rate cuts, and geopolitical tail risks leading in to March
Last week’s economic data deluge, including the latest inflation reports that called into question the timing of rate cuts, triggered some significant volatility across financial markets, creating a modest case of whiplash. Could this become more frequent as central banks begin policy easing this year?
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Tackling identity risk in finserv: Knowledge-based authentication and AI in the fight against fraud
Fraud feels like one of the inevitabilities of our financial system – if we had a system that was 100% fraud free, it would be so restrictive and buttoned down that it would be almost impossible to use. And because we still rely on many antiquated systems to confirm the identity of customers, fraud continues to…
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Converge Market Update: Hot tip? Watch wages in 2024
This past week, in a rare mainstream media appearance, US Federal Reserve Chair Jerome Powell joined 60 Minutes and within that time sent expectations for a US March rate cut plunging. Regardless, major global financial markets are broadly looking for around the same moves over the next 18 months – about 200 basis points of cuts.