Are Commercial Payments Rocket Science?
This week on Bank Nerd Corner, Kiah is joined by Darren Beyer, Chief Product Officer at Qolo, a payments infrastructure platform that works with banks on commercial payments, card issuing and treasury management.
Darren's path to fintech is unlike most: he spent his early career at NASA working on space shuttle missions — and he says payments are actually more complex!
Banks are often limited by their core — most of which are decades old and designed for a world of next-day ACH settlement and basic debit cards — if they want to innovate and update their commercial payment capabilities.
At the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.