Podcasts

March 11, 2021

How is Emerging Technology Disrupting Traditional Banking?

Carla McMorris
Director of Content

Listen to the full podcast >

Today we are excited to unveil the first podcast of Under The Hood from 11:FS and Synapse. In this series, we’re going to uncover the banking infrastructure, taking you deep into the technology that is disrupting traditional models to improve the financial lives of millions of customers. 


The co-hosts, Simon Taylor from 11:FS and Sankaet Pathak from Synapse are joined by Helen Bierton, Chief Banking Officer at Starling Bank, a fast-growing challenger bank in the UK with over 2 million customers, over $4 billion in deposits, and nearly $2 billion in assets. Also joining is Neel Ganu Founder at Finch who’s first-ever all-in-one account gives its customers the returns of investing while keeping the flexibility of a checking account.

In this first episode, we begin at the beginning by asking the question “what does it mean to be a bank in this expanding fintech ecosystem?”. We’ll take a look at the financial services ecosystem as a whole and explore how technology is disrupting not just banking, but our understanding of what a bank is.

“We’re going through a revolution - everyone wants access to the same tools rich people have.” 

-Sankaet Pathak


The conversation continues with the participants discussing how the utilization of technology and a developer culture is helping neobanks and other fintechs stand out. They also talk about the emergence of big tech, why they stayed on the sidelines for so long, and what their big moves into banking in 2020 could mean. Then wrapping it up, they look at the players across the financial services ecosystem and assess the landscape for new entrants today and tomorrow.  

Sources

How is Emerging Technology Disrupting Traditional Banking?

< Back
Carla McMorris
March 11, 2021

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.