In January 2023, Coinbase reached a settlement agreement with the New York State Department of Financial Services and agreed to pay a $50 million fine. The settlement will also require Coinbase to invest an additional $50 million over the next two years to improve its compliance program. All the news outlets Read more…
The New York State Department of Financial Services recently fined Coinbase, and since then, there have been harsh (and in my opinion, false) accusations made against the company. In this episode, I share my thoughts on why Coinbase ended up in this position and what it could have done to Read more…
Today, I’d like to share with you my thoughts on unfinished projects and abandoned ideas and how this causes inefficiencies and wasted resources within FinTech. Most startups believe that the reason why they have so many unfinished projects and abandoned ideas is that the team is so very creative and Read more…
Most FinTech startups believe that the reason for their many unfinished projects is that they have too many ideas and too little time and resources to get them all done. However, I think this is a huge misconception, and in today’s episode, I explain why! If you found value in Read more…
It’s time for us to look deeply into how to design and test your FinTech projects, make faster decisions, reduce team conflicts, and keep the costs low – all the same time. Let’s look at what Elon is doing at Twitter for inspiration and analyze how his strategies can be Read more…
I wanted for the first episode of 2023 to talk about why FinTech companies should be testing their decisions before testing their products. I walk you through the biggest mistake that startup FinTech companies make and why building a project from the bottom up generally does not work, and I Read more…
A lot of people say that FinTech and payments became an overly saturated market where there are no serious opportunities left and it does not even make sense to start anything new because consumers expect everything for free, regulators impose new costly requirements, and banking partners take forever to make Read more…
In the aftermath of the crash of FTX, many crypto exchanges have announced their readiness to publish their Proof of Reserves data with the aim of reassuring customers about the safety of their funds. Tune in today to hear my thoughts on this as well as the changes that I Read more…
In this episode, I run through some of the common mistakes that FinTech founders make when trying to build relationships with the government, and I share some helpful strategies for how to build these relationships more effectively. If you found value in this episode, I would really appreciate it if Read more…
When I interacted with Wirecard a few years ago, I had mixed feelings about them. In some ways, Wirecard is very similar to most other FinTechs, but their fraudulent activity is in a league of its own! If you found value in this episode, I would really appreciate it if Read more…