What does embedded finance mean for the future of banks?

Banking as a Service

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About this Episode

Banking as a Service (BaaS) is set to have a significant impact on financial services. While there is no doubt that it will change the face of the industry, putting contextual banking in the hands of consumers, is it too soon to tell who the winners will be? And how can banks seize the opportunity?

Participants

Helen Driver

Founder, Moneyready (Podcast Host)

Helen is the Founder of Moneyready, an online financial education platform for children, and former Equity Fund Manager.

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Ritesh Agarwal

Partner with McKinsey & Company in New York

Ritesh advises senior executives on digital and technology enablement, embedded finance and cloud enablement. He is a part of Digital McKinsey and has deep expertise in cloud transformations amongst other topics. He takes pride in building trust-based relationships with senior executives while counselling, negotiating and building consensus with them. He finds energy in building and leading diverse teams.

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Josh Williams

Executive Vice President/Chief Banking Officer and Head of Partnerships, Seattle Bank

Josh joined Seattle Bank in 2014 and leads Partner Banking, collaborating with fintechs, marketplaces and brands to integrate financial services into their customer experience. Josh leads with an exceptional focus on understanding client needs and surpassing their service expectations.

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About the show

Open Finance is a podcast series that explores how financial services is opening up to collaboration, innovation and society. Each episode focuses on a critical question as open APIs, platforms and technology make the industry accessible to customers, fintechs and big tech like never before.

Produced by Finastra, each episode brings guests with diverse viewpoints together to discuss the changes needed to make the future of finance open.

Join the conversation on LinkedIn and Twitter at @FinastraFS with the hashtag #OpenFinance.