‘Breaking Banks’ with Brett King (pt.1)
Always a pleasure having Brett King on the program. His financial technology insight is greatly valued throughout the globe and we were lucky enough to have him on the show for a few minutes so we could pick his brain on today’s trends. But before we ventured into the latest FI trends, we discussed Brett’s new book: “Breaking Banks: The Innovators, Rogues, and Strategists Rebooting Banking” — which actually covers most of today’s trends.
In the part 1 of our chat, Brett discusses why he wrote the book, a quick overview, and then we dive into one his book’s topics: “Neo-Banks.” Neo-Banks are generally online entities such as Simple (acquired by BBVA), King’s Moven, and others. The premise here is the possibility of neo-banks usurping today’s traditional financial institution. Brett’s delivers in his take here.
Many thanks, again, for Brett being on the show — and stay tuned for part 2 when we take deeper dive into “Breaking Banks” on other FI topics such as Bitcoin, Lending 3.0, payments, branch transformation, and more. Enjoy!
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Breaking Banks
Keynote at 2014 CUES Directors Conference