727. Insights: Is debt the last taboo of financial services?
Our expert hosts, Ross Gallagher, is joined by some great guests to ask: "Is debt the last taboo of financial services?” This week's guests include: Karen Andres, Director, Policy & Market Solutions, Aspen Institute Neil Costello, UK Marketing Director, Lowell Siamac Rezaiezadeh, VP of Product Marketing and Insight, GoCardless As an industry, we can talk endlessly about positive user journeys and financial enrichment. But, when it comes to the tough topics it’s a little more challenging to open up. No topic seems more taboo for the financial services industry than debt. But with people in the UK owing £1.8 billion in 2023 and millions of Americans currently carrying some form of debt – this is a subject far too important to ignore. We’ve put together a panel of amazing experts to discuss why debt is such a taboo subject, how to help people avoid unworkable debt, and how we improve the debt collection process. This episode is sponsored by Blinkist The Blinkist app offers distilled audio content from over 5000 non-fiction books and podcasts, to get bitesized insights in just 15 minutes, across 27 different categories. Go to Blinkist.com/fintech to start your 7-day free trial and get 25% off of a Blinkist Premium membership. And now for a limited time you can even use Blinkist Connect to share your premium account with a friend or partner and get 2 premium subscriptions for the price of one. 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 Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Karen Andres, Neil Costello, and Siamac Rezeaizadeh. Learn more about your ad choices. Visit megaphone.fm/adchoices