The emerging problems in banking-as-a-service, with Lex Sokolin and Will Beeson

<p>In this conversation, we chat with Will Beeson, who currently works at Standard Chartered Ventures. Previously, Will was the Co-Founder & Chief Product Officer at digital bank BELLA, as well as, a Principal at Rebank, a fintech advisory firm. Will’s banking entrepreneurship streak doesn’t end there, he co-founded Allica, a digital bank for businesses in the UK. We discuss the evolution of the banking-as-a-service sector, and in particular the challenges of infrastructure providers when their fintech clients fail due to market pressure. What’s next for embedded finance?<br /> </p><p><strong>MENTIONED IN THE CONVERSATION</strong></p><p>Rebank: <a href="https://rebank.cc/">https://rebank.cc/</a></p><p>Will Beeson: <a href="https://www.linkedin.com/in/willbeeson/">https://www.linkedin.com/in/willbeeson/</a> and <a href="https://twitter.com/will_beeson">https://twitter.com/will_beeson</a></p><p>Topics: Embedded finance, fintech, neobank, banking, payments, finance, banking-as-a-service, API, RegTech, Regulation</p><p>Companies: Plaid, Onfido, Stripe, Socure, Green Dot Bank, Cross River Bank, FIS, Fiserv, BlockFi, BBVA</p><p><br /><strong>ABOUT THE FINTECH BLUEPRINT</strong></p><p>🔥Subscribe to the Fintech Blueprint newsletter to stay at the forefront of Fintech and DeFi: <a href="https://bit.ly/3hyhlC2">https://bit.ly/3hyhlC2</a></p><p>🤝 Partner with Fintech Blueprint through sponsorships: <a href="https://bit.ly/3UZllsV">https://bit.ly/3UZllsV</a></p><p>👉 Twitter: <a href="https://twitter.com/LexSokolin">https://twitter.com/LexSokolin</a></p><p> </p><p><strong>TIMESTAMPS</strong></p><p>1’01”: Setting the scene in Fintech 2022 & what are the symptoms of things going wrong in the Banking-as-a-Service (BaaS) space</p><p>10’01”: The recipe for success in the BaaS space and the opportunities over the next coming years</p><p>13’19”: The dialectic between infrastructure and application and their phases of innovation</p><p>19’32”: Optimising the operating model for maximum efficiency & where/how regulatory influence plays