David Brear and Simon Taylor discuss P2P mobile payments, including the iPhone, Apple Pay, Venmo, Zelle and Monzo.

David Brear and Simon Taylor are joined by the FT Alphaville’s Kadhim Shubber, Fidor’s Sophie Guibaud and Pete Townsend of Norio Ventures to discuss the top news stories of the last week.

First up, we discuss THAT Apple launch, how Apple’s P2P capabilities are a little underwhelming, how Venmo’s attempt to fight back against Apple Pay involves a very ugly debit card, and sticking with the theme we discuss Zelle’s P2P mobile payments app that recently launched and what it means when banks club together to innovate.

They also discuss whether fintech really is the fastest growing industry in the US, what it means for Jamie Dimon to slam bitcoin, is he just wrong or is it a distraction to cover up something else?

Finally, they take on Monzo letting their customers decide fees for using ATMs abroad, whether 30% of bank jobs will be gone in five years (as the CEO of Pandit claimed), and ANZ’s restructuring to create 150 “startups” – it sounds like nonsense, but are they the first traditional bank to really understand how to be agile?

Also on the show, we have an exclusive interview with digital receipting startup Flux alongside Megan Cawood of Starling, all about their recent partnership and launch on Starling’s Marketplace.

– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. See more FinTech Insider content here. Image: Apple

About the author


11:FS is a "digital transformation agency" that believes banking should be about more than selling financial products. It is co-founded by David Brear, Jason Bates, Ross Methven, Meaghan Johnson and Simon Taylor. 11:FS produces FinTech Insider, and provides services such as 11:FS Pulse, 11:FS Ventures and 11:FS Talks.

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