In Part 2 of this episode of FFG (previously FinTech Growth), Duncan shares the mic with David Engel, Commercial Director at Verrency.
Verrency is dedicated to removing the “innovation bottleneck” stifling issuer’s progress, such as old technology and codebases that make it impossible to innovate in this space.
This includes developing tools for issuers to rapidly iterate and innovate on new financial products, and helping to foster 3rd-party Loyalty Partnerships via their platform.
In this second part, the two pick up where they left off and discuss how neobanks are bringing their products to market.
HIGHLIGHTS:
[19:31] How important is banking app stickiness, if at all? Has Duncan seen anything where banking apps have included a stickiness component?[32:02] Do Challenger Brands need to worry about going through an ADI?[35:40] What areas of opportunity does David think the industry should focus on the most?
RESOURCES:
https://www.verrency.com