Ep 81. The matchmaker approach to Fintech partnership with Karan Jain Artwork

Couchonomics with Arjun

A podcast dedicated to dissecting the seismic shifts reshaping the global financial system. This season, we journey beyond the MENA region, focusing on Saudi Arabia and exploring the innovations transforming commerce and society today.

Whether you're in the industry or eager to learn, tune in weekly for exciting new episodes.

This podcast is sponsored by Adyen, ToYou, Mastercard, Geidea, Thunes, and M2P Fintech.

About the host:

Arjun's expertise covers a broad range of areas including Fintech, Payments, Digital Assets, Embedded Finance, Application of Emerging Technologies, and the Emergence of New Business Models within the Financial Services Sector in the MEA region and globally.

Arjun is deeply engaged in the Tech Start-Up ecosystem. He serves as a passive investor, advisory board member, and a notable commentator on the rapidly evolving scene.

In recognition of his impactful contributions, Arjun was honored as a Top Voice of the region by LinkedIn in 2020.

Learn more at www.couchonomics.com.

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Couchonomics with Arjun

Ep 81. The matchmaker approach to Fintech partnership with Karan Jain

May 20, 2024 • Arjun Singh • Season 3 • Episode 12

Innovation in banking is about more than just adopting new technology—it's about challenging traditional perceptions and rethinking everything from customer service to risk management to create more flexible, responsive, and personalized financial services. In this episode, I sit down with Karan Jain, founder and CEO of Naya One, to discuss how his company is revolutionizing the banking world.

We dive into topics such as challenges in financial innovation, the role of Naya One, the evolution of banking innovation, FinTech and bank relationships, and the VC and CVC landscape. Tune in to learn how Naya One is transforming financial innovation and what the future holds for fintech collaborations. Watch now and stay ahead in the world of banking and fintech!

#FinTech #DigitalAssets #Innovation #VC #CVC #Regulation #NayaOne #UK #UAE #Banks #FutureofFinance

Couchonomics with Arjun Season 3 is brought to you by our partners:
Adyen https://www.adyen.com/
ToYou https://toyou.io/ar
Mastercard https://mastercard.com/
Geidea https://geidea.net/
M2P https://m2pfintech.com/

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Time stamps:
00:00 - Episode highlights
01:13 - Introduction
05:45 - Why banks underdeliver on ROI on innovation
08:01 - Digital transformation and continuous innovation
11:35 - How does Naya One approach culture problems
12:41 - Example of Naya One helping banks implement new technologies
18:36 - Helping banks develop criteria for assessing new technology
23:27 - Proof of concepts
25:44 - Impact on vendors
29:01 - Evolution of innovation in banking
33:25 - BaaS
37:04 - FinTech and banks relationship
41:41 - Are banks starting to use innovative platforms?
45:00 - Digital assets
46:07 - VCs and CVCs
48:51 - Differences between UK and US markets
52:47 - Regulatory sandboxes
55:37 - Closing words