Hosts Tedd Huff and Sarah Howell sit down with Robert Keil, the FinWise Bank Chief Fintech Officer, to discuss the evolving world of sponsor banking. Robert shares insights from his rich banking background, shedding light on the pivotal changes and dynamic interplay between fintechs and traditional banking.

Takeaways
1️⃣ FinWise's tech streamlines banking compliance.
2️⃣ Embedded banking: The core of FinWise's strategy.
3️⃣ Fintech partnerships are reshaping banking.
4️⃣ Tech advancements drive FinWise's banking solutions.
5️⃣ KYC and AML are pivotal for secure transactions.

Finwise:
Website: https://www.finwise.bank/
LinkedIn:   / finwise-bank  
X (formerly Twitter):   / finwisebank  
Robert’s LinkedIn Profile:   / brian-fishbein  

Fintech Confidential
Podcast: https://fintechconfidential.com/listen
eMail Newsletter: https://fintechconfidential.com/access
LinkedIn:   / fintechconfidential  
Instagram:   / fintechconfidential  
Facebook:   / fintechconfidential  

Support Provided by:
LoanPro helps lenders improve origination, servicing, and payments despite rising default rates. Visit https://loanpro.io/demo to discover how over 600 financial organizations updated their tech with LoanPro.

HAWK:AI streamlines compliance with its AI-driven system, reducing false positives. Visit https://gethawkai.com for more intelligent, more effective compliance.

Under Transforms Merchant Applications, offering a seamless transition to digital forms. Discover the future of financial applications at https://under.io/ftc

Time Stamps:
00:47 Accrued Series Intro by LoanPro
04:20 Robert's Banking & Fintech Journey
08:54 Embedded Banking & Compliance
12:42 Banking Innovation
13:47 Tech-Driven Compliance
18:05 Fintech Partnership Dynamics
21:50 Changing Bank-Fintech Power Dynamics
22:19 Fintech Collaboration Evolution
23:52 Future of Fintech Ecosystems
24:28 Sponsor Bank Challenges
25:10 Fintech vs. Bank Philosophies
26:34 Overcoming Regulatory Hurdles
29:37 Tech in Compliance & Efficiency
31:18 AI's Role & Challenges in Banking
34:25 Tech Solutions in Banking
41:37 B2B and Embedded Finance
45:09 Sponsor Banks & Fintech Support
45:25 Future of Banking as a Service

This is a Production of Diamond D3, Media
ABOUT:
Robert Keil: As the Chief Fintech Officer at FinWise Bank, Robert Keil leverages his extensive background in leading sales teams and delivering payment processing solutions to FI clients. He has a robust sales, product development, and marketing track record, having grown and managed a national sales organization of over 70 members, significantly increasing revenue. His journey in the financial sector began in Germany at Dresdner Bank AG, enriching his expertise before he became an entrepreneur in the US, where he successfully operated and sold a commercial cleaning franchise. Now, he brings his diverse experience to spearhead initiatives at FinWise Bank.

Finwise Bank: FinWise is an integrated provider of sponsored fintech banking solutions, including BIN Sponsorship and Payments HUB. Its strategic lending business supports fintech brands with scalable API infrastructure, covering deposit, lending, and payments programs. Additionally, FinWise oversees various lending programs like SBA 7(a), real estate, and leasing for balanced growth. With a focus on compliance and risk management, it's poised to effectively assist fintechs.

Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.
Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.

Sarah Howell: Sarah Howell is the VP of Partnerships at LoanPro. She leverages her banking and fintech experience to foster growth and enhance bank-fintech collaborations. With a rich history at Visa and Infinant, she's adept at building partnerships that drive innovation and meet the dynamic needs of consumers and businesses. At LoanPro, she aims to develop a partnership ecosystem that bolsters financial services, guided by her deep understanding of finance technology and integration.

Diamond D3, Media: A media creation, management, and production company delivering engaging content globally