Fintech moves fast. But here at Fintech Takes, Alex Johnson and his rotating panel of guests move faster so that you can stay on top of the latest and greatest news in the industry without breaking a sweat.
Welcome to Fintech Takes—the place where fintech’s biggest nerds come to sit back, relax, and completely geek out.
Join Alex and a lineup of fintech’s brightest minds as they dissect what’s happening in fintech and banking.
Each week, Alex and his guests recap the most interesting developments in fintech and explore the industry’s most pressing questions, diving headfirst into the intricate workings of some of the industry’s most ground-breaking business models and unpacking the emerging players that promise to shape fintech’s future.
From riveting conversations with fintech’s most relevant operators to comprehensive recaps of the month's most compelling news stories and in-depth analyses of the latest regulatory developments, Fintech Takes is your one-stop-shop for navigating the fintech universe.
Subscribe now to join fintech’s nerdiest podcast around!
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Fintech moves fast. But here at Fintech Takes, Alex Johnson and his rotating panel of guests move faster so that you can stay on top of the latest and greatest news in the industry without breaking a sweat.
Welcome to Fintech Takes—the place where fintech’s biggest nerds come to sit back, relax, and completely geek out.
Join Alex and a lineup of fintech’s brightest minds as they dissect what’s happening in fintech and banking.
Each week, Alex and his guests recap the most interesting developments in fintech and explore the industry’s most pressing questions, diving headfirst into the intricate workings of some of the industry’s most ground-breaking business models and unpacking the emerging players that promise to shape fintech’s future.
From riveting conversations with fintech’s most relevant operators to comprehensive recaps of the month's most compelling news stories and in-depth analyses of the latest regulatory developments, Fintech Takes is your one-stop-shop for navigating the fintech universe.
Subscribe now to join fintech’s nerdiest podcast around!
Welcome back to the Fintech Takes podcast. I’m Alex Johnson, joined in this episode by three guests — Steve Smith (Co-founder and CEO of Invela; former Co-founder of Finicity and Founder of the Financial Data Exchange), Todd Taylor (Co-head of Intellectual Property; Co-head of Commercial & Technology Transactions at Moore & Van Allen), and Dan Murphy (Founder of Sunset Park Advisors; former CFPB Open Banking Program Manager).
That’s right, a rare four-person episode!
And we’re digging into a question that’s been mostly overlooked in the open banking debate: not how data is shared, but who bears the risk when it is.
As banks, fintechs, and regulators sort through liability, accreditation, and third-party risk management, the lack of a shared rulebook has become increasingly clear.
The core tension: the U.S. built open banking on top of a fragmented regulatory structure and outdated third-party guidance, and everyone’s been improvising ever since.
So, what happens when something breaks … and who pays for it?
Highlights include:
Why banks are still relying on OCC Bulletin 2013-29 and interagency third-party risk management guidance to govern a 2025 data-sharing market
How Section 1033’s competition mandate at the CFPB often collides with prudential regulators’ safety-and-soundness priorities
Why the industry may need a standardized accreditation framework and transparent risk registry for third parties
How liability insurance and warranty-based risk-sharing could help balance accountability between banks and fintechs
This episode unpacks how an open-access ecosystem can evolve toward shared accountability, and why industry-led solutions like accreditation, registries, and risk transfer mechanisms may be the only viable path forward.
Thanks for listening!
This episode was brought to you by Marqeta. Don’t sacrifice agility for stability. With Marqeta, launch payments experiences that perform at scale and flex with your business. Learn more at marqeta.com/ftt.
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Follow Todd Taylor:
https://www.linkedin.com/in/todd-taylor-37506737/
Follow Dan Murphy:
https://www.linkedin.com/in/danieljmurphy01/
For more about Steve Smith, follow Invela:
https://www.linkedin.com/company/invela-network/
Follow Alex Johnson:
YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos
LinkedIn: https://www.linkedin.com/in/alexhjohnson
X: https://www.twitter.com/AlexH_Johnson
Fintech Takes
Fintech moves fast. But here at Fintech Takes, Alex Johnson and his rotating panel of guests move faster so that you can stay on top of the latest and greatest news in the industry without breaking a sweat.
Welcome to Fintech Takes—the place where fintech’s biggest nerds come to sit back, relax, and completely geek out.
Join Alex and a lineup of fintech’s brightest minds as they dissect what’s happening in fintech and banking.
Each week, Alex and his guests recap the most interesting developments in fintech and explore the industry’s most pressing questions, diving headfirst into the intricate workings of some of the industry’s most ground-breaking business models and unpacking the emerging players that promise to shape fintech’s future.
From riveting conversations with fintech’s most relevant operators to comprehensive recaps of the month's most compelling news stories and in-depth analyses of the latest regulatory developments, Fintech Takes is your one-stop-shop for navigating the fintech universe.
Subscribe now to join fintech’s nerdiest podcast around!
