Data-Driven Finance: The Financial Intelligence Podcast

Our guest on this episode of Yodlee’s “Data Driven Finance” is Chris Skinner. Chris is a highly sought after public speaker and strategist specializing in the future of business, technology, and finance. He’s author of more than 20 best-selling titles with his newest book being Intelligent Bank. In our chat we talk about AI, financial data, open banking, trust, customer intelligence, and what financial institutions should be setting themselves up to do right now. Topics covered include:

Why banks need to reinvent their architecture and core systems regularly.

How we’re in a third revolution when many financial orgs are still working on the first.

Why financial orgs are finding the required agility to transform so difficult.

How banks are assessing which AI tools, vendors, and capabilities to deploy.

Bot to bot agentic AI finance.

Using data to understand customers both as a group and as individuals.

Predictive and behavioral analytics.

Why are financial institutions struggling to turn data into competitive advantage?

What today’s financial leaders must understand to be qualified to lead into the future.

Getting digital identity right.

The call to better scaling trust.

The most valuable data that banks are not collecting today.

Doing business in a data permissions economy.

 

Helpful Links:

Thefinanser.com

Pulpfinction.com

Chrisskinner.global

 

The information and material provided are for general awareness and information purposes only and does not constitute professional, legal or financial advice. Yodlee makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability of the information. Any opinions, views or conclusions presented/shared by guests/interviewees may not represent those of Yodlee.

Our guest on this episode of Yodlee’s Data Driven Finance is David Myszewski, Vice President of Product at Wealthfront. Dave oversees product development, consumer research, and client support. He spent 12 years at Apple, even contributing to the engineering team that developed the first iPhone. He has a Master's and Bachelor's degree in Computer Science from Stanford. And our questions for Dave are around wealth building access for young adults. Topics covered include:

The biggest barriers for young professionals when it comes to building wealth

The role financial institutions should play in educating young people

Why young investors should not neglect the tax implications of their trades

Lessons from helping develop the iPhone that were brought to fintech product development

Letting customer support inform product development

The multiple components of wealth building

The philosophy of product-market fit

How connected data helps lead to better products

Trying to develop product amidst rapid technological change

Millennial vs Gen Z wealth building and fintech tool behavior

 

Helpful Links:

Wealthfront

 

The information and material provided are for general awareness and information purposes only and does not constitute professional, legal or financial advice. Yodlee makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability of the information. Any opinions, views or conclusions presented/shared by guests/interviewees may not represent those of Yodlee.

Our guest on this episode of Yodlee’s Data Driven Finance podcast is Amy Morris. Amy is Senior Director, ACH Network Rules at Nacha and prior to that, she was Business Leader for Global Operating Regulation Development at VISA. She is a true specialist in the electronic payments world, having worked for more than 15 years as part of multiple councils and working groups that deal with electronic payment rules. There are some new rules and deadlines coming from Nacha that financial institutions should know, so in this episode we cover topics such as:

What Nacha does and who it serves

Some of the big changes to the Nacha ACH Network Operating Rules

How a business or financial institution can be ready for the rule changes

Compliance deadlines you need to know

How new rules or amendments get suggested and implemented

Rules that are currently under consideration for passage

How rules are enforced

How improvements in data gathering and analysis influence ACH Network rules and operations

How electronic payments development and usage are trending

The challenges institutions face in compliance and how Nacha helps

Best high-level advice for financial institutions

 

Some Helpful Links:

Nacha

Nacha on YouTube

Nacha on LinkedIn

Nacha News

Nacha free end user webinar

 

The information and material provided are for general awareness and information purposes only and does not constitute professional, legal or financial advice. Yodlee makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability of the information. Any opinions, views or conclusions presented/shared by guests/interviewees may not represent those of Yodlee.

Our guest on this episode of Data Driven Finance is Theo Vaughn, Director of Product Services at Neighborhood Trust Financial Partners. Prior to his current role, Theo was Chief Experience Officer at Catapult Credit Services and Product Engagement Manager at Agora Data. He is celebrated as someone skilled in the art of cross-collaboration, and product development and management. We explore Theo’s experience guiding products in the finance space, covering such topics as:

The approach and philosophy around product directing and product management.

Aligning stakeholders around what the best product should be.

How do you know what’s “right” for the product? What signals do you take in and take seriously?

Scaling technology to match ambitions.

What typical organizational needs product directors are finding.

Maintaining the balance between human and technological interactions.

The challenges product directors tend to face.

How connectivity in the financial space leads to product possibilities.

The pillars of trust that lead to consumer product adoption and high usage.

Is it even possible for product development to keep up with today’s huge and rapid changes?

 

The information and material provided are for general awareness and information purposes only and does not constitute professional, legal or financial advice. Yodlee makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability of the information. Any opinions, views or conclusions presented/shared by guests/interviewees may not represent those of Yodlee.

In this episode of Data Driven Finance, we talk with David Silberman. David is a Visiting Lecturer in Law at Yale Law School as well as a Senior Advisor to the Center for Responsible Lending, the Financial Health Network, and other notable organizations. He taught and lectured at Georgetown University and Harvard University, and was the Consumer Financial Protection Bureau’s Associate Director for Research, Markets and Regulation from November 2010 to February 2020. In this episode, we cover such topics as:

What the Center for Responsible Lending does

Results of some of the Center’s research

What the Financial Health Network aims to do

What lenders are doing to get better information and data to make better decisions

The current problems with credit scores as indicators of credit-worthiness

Where technology has (and hasn’t) made the loan application process easier for consumers

What lenders are looking for in cash flow data

Improving inclusivity while still making responsible loans

What defines financial health

Advice on wealth building for Gen Z

 

Some Helpful Links:

Center for Responsible Lending

Financial Health Network

Yodlee

 

The information and material provided are for general awareness and information purposes only and does not constitute professional, legal or financial advice. Yodlee makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability of the information. Any opinions, views or conclusions presented/shared by guests/interviewees may not represent those of Yodlee.