Fintech Confidential

In this episode of Fintech Confidential’s Leaders One on One series, Tedd Huff and Rodney Williams, co-founder and president of SoLo Funds, tackle key topics impacting the fintech world. The conversation explores the challenges and opportunities within the industry, providing fresh insights into financial technology and the evolution of lending models. “Borrowers select their own choices. They can see what everybody else has paid for a loan on the platform.” - Rodney Williams, Co-Founder and President of SoLo Funds Why SoLo Funds Is More Than a Lending Platform SoLo Funds is designed to foster financial autonomy for underserved communities. By allowing borrowers to become lenders over time, the platform encourages a cycle of financial empowerment and self-sufficiency. Signup to get access to Fintech Confidential episodes at https:// FintechConfidential.com/ notifications. SoLo Funds empowers borrowers to eventually become lenders. This approach not only helps individuals become more financially independent but also strengthens the platform's overall community by keeping capital within the system. Look in the comments for more about the Fintech Confidential Leaders One on One Series Music by Joystock.org #Fintech #SoloFunds #RodneyWilliams #FinancialAutonomy #P2PLending #PersonalFinance #FintechStartup #PaydayLoansAlternative #FinancialInclusion #SocialImpact #FintechInnovation #MobilePayments #FinancialTechnology #StartupSuccess #LendingPlatform #FinancialEmpowerment #TechEntrepreneurship #FinancialIndependence #FintechIndustry #StartupJourney #FinancialServices #BCorp #DigitalLending #FinancialLiteracy #Entrepreneurship Tedd Huff DD3 Media Fintech Confidential

What makes ACH and instant payment systems essential in modern finance? "ACH is the king... It starts over here in RTP and FedNow, but it needs a channel jump all the way over to ACH," Payments Professor "Kevin Olsen" emphasizes. 💬 Instant payments like RTP and FedNow are perfect for immediate needs, providing quick and secure transactions. For routine, recurring payments, ACH is unmatched in reliability. This dual approach ensures that financial operations are both swift and dependable. 🚀 💌 Stay informed on the latest in payment technology at https://lnkd.in/dUBRYH5d. 1️⃣ Quick transactions with instant payment systems. 2️⃣ Reliable recurring payments with ACH. 3️⃣ A comprehensive approach to financial management. Combining the immediacy of RTP and FedNow with the dependability of ACH creates a versatile payment solution that meets all financial demands. This ensures that urgent and routine transactions are managed seamlessly. UNCUT by Fintech Confidential #instantpayments #ACH #FedNow #RTP #KevinOlsen #PaymentsProfessor #TeddHuff #Fintech #RecurringPayments #BusinessPayments #EmergencyTransactions #FinancialManagement #PaymentSystems #FinancialEfficiency #QuickTransactions #SecurePayments #PaymentSolutions #RTPPayments #FedNowPayments #ACHTransactions #PaymentReliability #FinancialStrategies #BusinessFinance #ModernPayments #PaymentIntegration Tedd Huff DD3 Media Fintech Confidential

What’s the key to starting a successful company? 🤔 "Biggest piece of advice would be to identify the problems that will kill you first and get really, really smart on how you want to solve those problems." — David Anderson, Co-Founder and Chief Product Officer at Tandym Starting a business isn’t just about having a great idea; it’s about survival. David Anderson, Co-Founder and Chief Product Officer at Tandym, joins Tedd Huff and Colton Pond on Accrued by Fintech Confidential to share his top advice for entrepreneurs. Anderson stresses that the most critical step is to identify the challenges that could sink your business and focus on solving those first. It’s about finding where the leverage is and making sure the entire team is aligned on these priorities. Ready to face your biggest business challenges head-on? 📧 1️⃣ Identify the biggest threats to your business. 2️⃣ Prioritize solving these challenges first. 3️⃣ Ensure your entire team is focused on what matters most. This isn’t just about problem-solving; it’s about smart problem-solving. Anderson’s advice is to dig deep, understand the core issues that could derail your success, and tackle them with precision. It’s a strategy that’s not just useful—it's essential for any entrepreneur looking to build a thriving company. If you’re gearing up to start a business or are already in the trenches, this episode is packed with actionable insights. Don’t miss the full episode to learn more about turning challenges into opportunities! 📩 Stay updated with the latest trends by subscribing at https://lnkd.in/dUBRYH5d Accrued: A Fintech Confidential series by LoanPro #Entrepreneurship #StartupSuccess #BusinessGrowth #ProblemSolving #FinTech #TeddHuff #ColtonPond #DavidAnderson #Tandym #BusinessTips #StartupAdvice #BusinessStrategy #StartupChallenges #BusinessMindset #EntrepreneurMindset #FinTechPodcast #BusinessSolutions #StartupJourney #StartingABusiness #BusinessInsights #BusinessSuccess #EntrepreneurSuccess #FinTechConfidential #LoanPro #BusinessAdvice Tedd Huff DD3 Media Fintech Confidential

Can you imagine the scale of transforming an entire banking system? 🤯🔧 "Help people understand the magnitude of the change y'all went through from a technology perspective and are going through right now. We're replacing everything. We're able to do it a component at a time," says Raphael Reznek. In this episode, Raphael Reznek and Samantha Pause of Mascoma Bank share with Tedd Huff and Colton Pond the incredible journey of overhauling their entire technology infrastructure. This monumental effort is aimed at enhancing customer experience by replacing their customer system of record and separating it from the core transaction engine, allowing unprecedented control and automation. 🏦💻 📣 Stay ahead of banking tech trends by signing up at https://lnkd.in/dUBRYH5d. 1️⃣ Comprehensive System Overhaul 2️⃣ Enhanced Workflow Automation 3️⃣ Unprecedented Control in Banking Operations Imagine a banking system so flexible and automated that it transforms every customer interaction into a seamless experience. This six-year journey to implementation shows the dedication and foresight required to stay ahead in the competitive financial landscape. 🚀🔄 Discover how Mascoma Bank is leading this technological revolution to provide better services and improve customer satisfaction. ACCRUED A Fintech Confidential Series by LoanPro #BankingTechnology #FinancialServices #RaphaelReznek #SamanthaPause #MascomaBank #TeddHuff #ColtonPond #Fintech #BankingInnovation #TechOverhaul #CustomerSystem #WorkflowAutomation #BankingOperations #FinancialTechnology #InnovativeBanking #CoreTransactionEngine #TechTransformation #FutureOfBanking #ModernBanking #FintechPodcast #BankingSeries #LoanPro Tedd Huff DD3 Media Fintech Confidential

How do we ensure that banks and fintechs stay ahead of the curve in today’s fast-paced financial landscape? 🚀 "…do you know who you're doing business with and are they who they say they are… If you can make sure that you know that and can prove it to a regulator, you're in pretty good shape." - Robert Keil, Chief Fintech Officer, FinWise Bank In a world where trust and verification are paramount, maintaining rigorous standards for knowing your customer is crucial. 🌐🔍 💌 Join the fintech revolution: https://lnkd.in/dUBRYH5d 🔢 Key Points: 1️⃣ Trust is the foundation of banking success. 2️⃣ Rigorous KYC processes protect and empower both banks and customers. 3️⃣ A disciplined approach ensures compliance and innovation. Dive into how FinWise Bank champions these principles, ensuring they stay at the forefront of banking innovation with Tedd Huff & Sarah Howell. 🌟 Accrued, a Fintech Confidential series presented by LoanPro #Banking #FinancialServices #Compliance #KYC #RegulatoryCompliance #BankingIndustry #FinancialRegulation #CustomerVerification #BankingPrinciples #SuccessInBanking #Discipline #SecureBanking #FinancialIntegrity #CustomerIdentity #BankingStandards #ComplianceManagement #Regulation #CustomerTrust #BankingSecurity #FinancialCompliance #KnowYourCustomer #BankingSuccess #FinancialIdentity #BankingCompliance #CustomerUnderstanding Tedd Huff DD3 Media Fintech Confidential

Hey there, fintech friends! Guess who's heading to the Finovate fall? That's right, it's Tedd Huff ! He will be there with Fintech Confidential uncovering what top secret solutions are changing the world. BUT WAIT, THERE'S MORE!!! It’s not to late for snagging a ticket at 20% off? Yep, you heard that right! Just click this link: https://shorturl.at/jP55x and you're golden. Now, here's the million-dollar question: Are you coming? If so, why not shoot Tedd Huff a DM? You can grab a coffee, chat about the latest fintech trends, and maybe even spark some game-changing ideas. "Don’t miss out on this chance to connect and explore what’s next in fintech—grab your ticket now and let’s meet up to discuss the exciting developments in our industry!"

Have you ever pondered the profound impact technology is having on the banking sector? 🤔💡 The traditional banking model is being disrupted, and at the forefront of this revolution is Coviance, a fintech innovator. In this episode of Fintech Confidential, our host Tedd Huff engages in a captivating conversation with Omar Jordan, the brains behind Coviance. They delve into how Coviance is aiding community lenders in overcoming challenges and achieving remarkable business outcomes. 🏦📈 Omar shares the inspiring story of how Coviance's technology has reduced the loan processing time from 30-40 days to an astonishing 12 days. Imagine the possibilities when you can apply for a home equity loan on a Monday morning and have it closed by the evening! 🏠💰 This is the transformative power of Coviance's technology. 🖥️🚀 Don't let this opportunity to gain valuable insights pass you by! Tune in and discover how Coviance is propelling banking technology forward. 🎧🎯 #Fintech #Coviance #OmarJordan #BankingTechnology #LoanProcessing #HomeEquityLoan #TeddHuff #FintechConfidential #BankingIndustry #FinancialTechnology #CEOInterview #BusinessInnovation #FinancialServices #DigitalTransformation #CreditUnion #Illinois #BankingEfficiency #LoanTurnaroundTime #MemberExperience #InterestRates #BankingFees #Commodity Tedd Huff DD3 Media Fintech Confidential

🤔 Can a love for horses lead to a leadership role in Fintech? For Samantha Seaton, CEO of Moneyhub, the answer is a resounding yes! In her interview with Tedd Huff on the Fintech Confidential show, Samantha shares how her passion for horses led her to where she is today. 🐎💼 Samantha's journey is a testament to the power of passion and perseverance. Despite her family's lack of interest in horses, Samantha pursued her love for them, which eventually led her to a computer science degree and a leadership role in Fintech. 🎓🚀 So, are you ready to follow your passion and see where it leads you? 🌟💫 #Fintech #Moneyhub #SamanthaSeaton #TeddHuff #FintechConfidential #DataAnalytics #CustomerCentric #FinancialServices #Journey #Leadership #HorseLove #AtoB #Insights #Interview #CEO #Business #Technology #Finance #Innovation #DataScience #FinancialTechnology Tedd Huff DD3 Media Fintech Confidential

🔍 How is data revolutionizing the fintech landscape? 💬 "Data was just a customer's name basically and their account number and their transactions... Data has become much more important; it also has become much more sensitive." - Joyce Mehlman, Owner of iLEX Consulting Group, LLC. Journey with Joyce Mehlman as she recounts her beginnings in fintech with Bancorp back in 2005. Initially, data was just a simple collection of customer information, but over the years, fintechs have transformed it into a powerful tool. Today, data helps you save, spend, build credit, and look at your finances in a whole new light. 📊🔍 📩 Stay ahead in fintech by subscribing for updates: https://lnkd.in/dUBRYH5d 1️⃣ Data Evolution: From basic information to a strategic asset. 2️⃣ Privacy Concerns: Navigating strict privacy laws. 3️⃣ Safe Usage: Ensuring data is used responsibly and securely. Tune in as hosts Tedd Huff and Colton Pond, alongside Joyce Mehlman, discuss the vital role data plays in modern fintech, emphasizing the need for responsible data handling. Accrued: A Fintech Confidential Series presented by LoanPro #datainfintech #fintechpodcast #dataprivacy #fintechinnovation #financialtechnology #fintechsecurity #TeddHuff #ColtonPond #JoyceMehlman #iLexConsultingGroup #LoanPro #datamanagement #fintechtrends #ethicaldatause #dataprotection #fintechcompliance #customertrust #financialservices #fintechstrategies #fintechgrowth #fintechsolutions #datasensitivity #fintechbestpractices #fintechecosystem #responsibledatause Tedd Huff DD3 Media Fintech Confidential

💡 How are banks using AI and machine learning to improve fraud detection? 📈 "Another area where I think you're gonna see just continued focus in this getting better and better we're at in our risk mitigation our payment risk platform is our product," said Scott Johnson. 🚀 The advancements in AI and machine learning are transforming fraud detection in banking. Scott Johnson shares how Galileo's payment risk platform is helping customers save money by analyzing spending patterns, behaviors, and geofencing to mitigate fraud. Host Tedd Huff and co-host Colton Pond explore these exciting developments. 🌟 📧 Sign up for Fintech Confidential emails at https://lnkd.in/dUBRYH5d. 1️⃣ AI and machine learning: Key to modern fraud detection. 2️⃣ Payment risk platform: Saving customers money. 3️⃣ Advanced analytics: Spending patterns and geofencing. 🔍 Discover how AI and machine learning are revolutionizing fraud detection in banking. Scott Johnson’s insights on the continuous improvements in risk mitigation are invaluable for anyone interested in FinTech. Accrued, a Fintech Confidential series presented by LoanPro #FinTech #Galileo #FinancialServices #PersonalizedBanking #AI #MachineLearning #TechInBanking #CustomerExpectations #ModernInfrastructure #LoanPro #FinancialTechnology #BankingTech #BankingTrends #FinTechPodcast #FinancialEcosystem #BankingModernization #TechDrivenFinance #PersonalizedFinance #FinancialServices #Netflix #Spotify #Apple Tedd Huff DD3 Media Fintech Confidential