718. News: The ultimate Silicon Valley Bank explainer

Our expert hosts, Kate Moody and Benjamin Ensor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: Silicon Valley Bank closed by regulators, FDIC takes control - 4:55 HSBC buys Silicon Valley Bank's UK unit for £1 in rescue deal - 18:30 Under legal threat from GOP lawmakers, Mastercard and Visa pause plan to track gun sales - 31:10 Iwoca introduces open banking-powered instant decisions for SME loans - 41:00 Central Bank of Nigeria publishes open banking guidelines - 50:20 Mexican unicorn Clara bags $90 million in debt financing amid expansion - 51:40 London Stock Exchange calls on Logan Roy to rally the markets - 53:30 This week's guests include: Alex Johnson, Creator, Fintech Takes Mike Carter, Head of Platform Lending, Innovate Finance With soundclips from: Harry Cranfield, Partner Channel Manager, Iwoca This episode is sponsored by Global Processing Services At Global Processing Services – the expert partner in issuer processing – they take your security seriously. Their game-changing Fraud Advantage tool, powered by Featurespace, assesses fraud risks in milliseconds and uses AI and machine learning, to constantly adapt to stay ahead of emerging fraud threats. With their array of available fraud solutions at your fingertips, you can feel secure with GPS as your payment processing partner. Find out more at www.globalprocessing.com/fraudmanagement Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Send us your questions for the Fintech Insider Mailbag here Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Alex Johnson, Harry Cranfield, and Mike Carter. Links: Silicon Valley Bank Closed by Regulators, FDIC Takes Control HSBC buys Silicon Valley Bank's UK unit for £1 in rescue deal Under legal threat from GOP lawmakers, Mastercard and Visa pause plan to track gun sales Iwoca introduces open banking-powered instant decisions for SME loans Central Bank of Nigeria publishes open banking guidelines Mexican unicorn Clara bags $90 million in debt financing amid expansion London Stock Exchange calls on Logan Roy to rally the markets Learn more about your ad choices. Visit megaphone.fm/adchoices