Episode Details

About this episode:

Host Benjamin Ensor, Director of Research and Strategy at 11:FS, is joined by a fantastic panel of guests as we dive into some of the biggest stories from the worlds of fintech, banking, and wider financial services this week.

Stories covered on the podcast this week include:

There’s turbulence in the mortgage market this week, as HSBC begins offering mortgages worth up to 6.5 times a borrower’s salary, following the loosening of lending rules. We’re joined on the show by ComplyAdvantage to discuss their new AI platform, designed to combat the surge in financial crime.

In South Africa, Optasia has set a record with its IPO listing — could it spark major shifts in the market?

New data reveals that over 28 million Brits are now using AI tools to manage their money, and we dive deeper into the numbers. There’s also time for Benjamin to break down what’s happening with the CFPB’s open banking rule in the US.

And finally, we debate one of the week’s biggest findings: financial services employees are now the least motivated in the workplace…

This week's guests:

• Iain Armstrong - Executive Director at Comply Advantage
• Germain Bahri - Co founder & CGO of Zazu
• Rosie Lee - Senior UX Researcher and Customer Strategist at 11:FS

Also featuring a voice note from:

• Marcin Glogowski - SVP Managing Director for Europe and UK CEO of Marqeta

Timestamps/stories

Intro - (00:00)⁠⁠⁠⁠⁠

HSBC offers 6.5 times salary mortgages as lending rules loosen - (06:57)

ComplyAdvantage Launches AI-Native Platform to Combat Surging Financial Crime - (15:55)

AI fintech Optasia lists in South Africa - (35:32)

Brits Bank on Tech: Over 28m Adults Now Using AI Tools to Help Manage Their Money - (45:00)

Judge temporarily blocks CFPB Open banking rule - (54:09)

Marqeta Powers Expansion of Klarna Debit Card Across Europe - (56:09)

Financial services employees are the least motivated at work-new study finds - (58:02)⁠⁠

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