Our expert hosts, Kate Moody and Rachel Pandyan, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week, including the $30 billion settlement with Visa and Mastercard that has been nearly 20 years in the making.
This week's guests include:
Jason Mikula, Founder of Fintech Business Weekly
Doug Mackenzie, Journalist and Presenter, formerly Head of Content at FF News
We cover the following stories from the fintech and financial services space:
Visa and Mastercard agree $30 billion settlement over merchant card fees
OakNorth reports profit increase and US expansion plans
Wealthbuilder Belong launches out of stealth and sets funding record
UK regulators clamp down on finfluencers
UK set for soaring digital wallet adoption
HSBC Australia implements Proxymity Vote Connect
Real Housewife of Toronto star sells fintech to run a castle in South East England

Fintech Insider by 11:FS is a biweekly podcast dedicated to all things finance, banking, technology, and financial services.
Our expert hosts, with real industry experience, are joined by the biggest decisionmakers, VCs, and reporters from across financial services including guests from Visa, Nubank, MPesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.
Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.
Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.
If you enjoyed this episode, don't forget to subscribe and please leave a review
Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email [email protected]!
ReutersReuters
Visa, Mastercard reach $30 billion settlement over credit card fees
Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers through lower prices.
Yesterday at 10:13 (143 kB)
https://www.reuters.com/business/fina....

Bloomberg.comBloomberg.com
UK’s OakNorth Bank Boosts Profit as Firm Kicks Off US Expansion
OakNorth Bank Plc reported a 23% jump in pretax profit last year, driven by increased lending and the start of its US expansion. (130 kB)
https://www.bloomberg.com/news/articl...

Fintech FinanceFintech Finance
Wealthbuilding Platform Belong Launches
Belong, a wealthbuilding platform, secured £2.95m in preseed funding, the largest preseed round ever raised by female founders in Europe.
25 Mar (152 kB)
https://ffnews.com/newsarticle/fundin...

ftadviser.comftadviser.com
FCA warns finfluencers to be on 'right side of rules' with social media ads
The Financial Conduct Authority has warned firms and ‘finfluencers’ to be on the “right side of the rules” when it comes to using financial promotions on social media. (262 kB)
https://www.ftadviser.com/regulation/...

Finextra ResearchFinextra Research
UK set for soaring digital wallet adoption
The UK is approaching a seismic shift in how people pay, with digital wallets set to comprise half of all ecommerce spend and nearly a third of POS transaction value by 2027, according to a report from Worldpay.
21 Mar (11 kB)


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