Lessons Learned on Innovation

06/09/23 • 32 min

Successful innovation in financial services requires a number of elements to come together in just the right way.

Innovators need to combine new technology, market opportunities, and regulatory compliance to create the next generation of successful products.

The keys to making this combination work came out in the IPA’s recent conference. In this episode, Brian Tate, the IPA’s CEO, and Tim Sloane, the moderator of our conference discuss the themes and clues for success that the conference speakers revealed.

They discuss the growth of AI, the threat of financial crimes, and regulatory trends.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on May 25, 2023. Things may have changed by the time you hear it.

Successful innovation in financial services requires a number of elements to come together in just the right way.

Innovators need to combine new technology, market opportunities, and regulatory compliance to create the next generation of successful products.

They discuss the growth of AI, the threat of financial crimes, and regulatory trends.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on May 25, 2023. Things may have changed by the time you hear it.

Previous Episode

Why Banks Need to Monitor Change: Galileo explains how to be successful in Banking as a Service

The growth of Fintech has led banks to examine opportunities in acting as a sponsor bank and offer Banking as a Service.

This offers opportunities for innovative banks, but success is not guaranteed.

In this episode, Michael Haney, the head of product strategy at Galileo, discusses the tools needed to be successful in Banking as a Service (BaaS). We cover how to identify opportunities, what banks need to have in place to launch a program, and how to manage the business.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on May 18, 2023. Things may have changed by the time you hear it.

Next Episode

IPA June Government Update

It looks like a busy summer ahead.

In this episode, Brian Tate, the IPA’s CEO, and Chris Stromberg, IPA’s director of government relations, discuss what is happening at the state and federal levels of regulation. They cover a pending bill to ban plastic gift cards in California, a recent issue spotlight on payment apps from the CFPB, and upcoming hearings in the House and Senate with regulators.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on June 9, 2023. Things may have changed by the time you hear it.