The Kodak Curse : Is fintech set to have a Kodak Moment? - Fintech Confidential Uncut

Fintech Confidential

"Fintech Confidential Uncut" is a show that brings you 100% raw, real, and uncut conversations about the world of fintech. In this episode, co-hosts Tedd Huff and Matt Vanhouten dive deep into the challenges and potential pivots faced by legacy players in the fintech industry.

Don't miss these topics:

• Will Visa's acquisitions impact innovation within the company?
• Is consumer protection at risk with alternative account-to-account payments?
• PIX in Brazil, UPI in India, and the US's confusion with RTP and FedNow
• Will banks and FIntech finally hold hands down the aisle?

Staying up-to-date with the latest trends and insights in the fintech industry, sign up for the Fintech Confidential emails at www.fintechconfidential.com/access and Don't miss out on the raw and uncut conversations that will give you a deeper understanding of the challenges and opportunities in the world of fintech.

Also, watch the entire episode on YouTube.

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Time Stamps:

Legacy Players in Fintech [00:00:00]

Are legacy players in the fintech industry facing major challenges? Let's take a look at the struggles of companies like Kodak and Xerox.

Visa's Dominance and Potential Challenges [00:04:51]

Visa is ruling the card payment industry, but can it maintain its dominance? Find out about the uncertainties surrounding Visa's future.

Contrasting Visa and Mastercard [00:10:24]

Visa vs. Mastercard: Who's the real fintech leader? Discover the different strategies and approaches of these two giants.

Visa's acquisition strategy [00:13:28]

Visa's acquisition game plan is not as innovative as Mastercard's. Learn why Visa needs to step up its game.

The threat to Visa's dominance [00:17:16]

Is Visa's reign in danger? Find out if an upstart can knock Visa off its throne and steal its market share.

Push to card payments [00:21:15]

Push to card payments: Are they worth it? Get the lowdown on the pricing and risks involved compared to traditional payment methods.

The challenges of social engineering [00:25:06]

Beware of social engineering! Find out why it's on the rise and how you can protect yourself from scams.

The need for trust in account-to-account payments [00:28:32]

Trust is crucial in account-to-account payments. Discover why banks play a vital role in building trust with customers.

The importance of resolving issues and protecting consumers [00:34:50]

A bank that takes responsibility? It's possible! Learn how resolving issues and protecting consumers can boost trust in payment services.

The challenges of alternative payment methods [00:34:59]

Why are older folks slow to adopt alternative payment methods? And what do younger generations expect? Find out here.

The impact of interchange rules on banks [00:36:17]

Interchange rules are shaking things up for banks. Discover how these changes could influence their card-issuing strategies.

The decrease in credit card rewards and increasing interchange fees [00:37:33]

Credit card rewards are dwindling, and interchange fees are rising. Is it time to ditch your credit card? Find out here.

The government mandate in Brazil and India [00:47:02]

Governments in Brazil and India are calling the shots in finance. Learn about their heavy-handed approach and its impact on banks.

Paying with installments in Brazil [00:48:07]

Buy now, pay later: the Brazilian way. Explore the unique practice of paying in installments and the fees that come with it.

Visa's potential acquisition of Pismo [00:51:31]

Visa's eyeing Pismo in Brazil. Discover how this acquisition could open up new revenue streams and global opportunities for Visa.

The moat of Visa's business model [00:59:07]

Visa's got a stronghold on cross-border transactions. Find out why its business model is a force to be reckoned with.

The convergence of fintech and banks [01:02:03]

Are fintech and banks joining forces? Dive into the discussion on how they can work together to solve financial problems.

The potential for new models in global money movement [01:05:56]

Traditional infrastructure is not the only way to move money globally. Explore new models like tokenization that could revolutionize the industry.

The direct to consumer strategy [01:10:33]

Cutting out the middleman: the direct to consumer strategy. Uncover the challenges and benefits of this approach in fintech.

Opportunity for banks to bank technology companies [01:11:39]

Banks embracing technology companies? It's happening! Discover the opportunities that arise when banks become customers of tech companies.

Banks looking to scale and support technology companies [01:13:04]

Banks are scaling up and supporting tech companies. Learn about their hiring, policies, and regulatory considerations in this new era.

The challenges of scaling and flexibility [01:21:56]

Legacy players struggle to scale and be flexible. Find out why regulatory oversight and old processes are holding them back.

Streamlining onboarding processes [01:22:47]

Banks need to streamline onboarding for fintechs. Discover why simplifying the process is crucial in the app store environment.

The potential for third-party service providers [01:26:54]

A new industry is emerging to help fintechs onboard with banks. Learn how third-party service providers can accelerate implementation.

The challenges faced by legacy players in the fintech industry [01:33:05]

Legacy players in fintech face major challenges. Join the discussion on the hurdles they must overcome, with a focus on Visa.

The features of Sky Flow's design [01:33:05]

Sky Flow's design is a game-changer. Explore its secure and tokenized personal information collection, encrypted data analysis, and more.

Disclaimer and caution regarding financial decisions [01:33:39]

Caution! This information is not financial advice. Do your research and make independent decisions to protect your finances.

This is a Production of Diamond D3, Media

Diamond D3, Media is a multi-media creation, management, and production company delivering engaging content globally