Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Pulse of Payments - Eric Foust, VP of North American Bank Partnerships at Trustly | Episode 147

Pulse of Payments - Eric Foust, VP of North American Bank Partnerships at Trustly | Episode 147

FromLeaders In Payments


Pulse of Payments - Eric Foust, VP of North American Bank Partnerships at Trustly | Episode 147

FromLeaders In Payments

ratings:
Length:
24 minutes
Released:
Feb 22, 2022
Format:
Podcast episode

Description

Our Open Banking pulse this week is on Trustly VP of North American Bank Partnerships Eric Foust – and for good reason! Not only is Eric a 20-year veteran in the banking space, he’s also the first VP I’ve had the pleasure of speaking with that has almost a super-hero theme to his roles and responsibilities within the Trustly empire. His chosen staff? A Trident. And the responsibilities represented by the three prongs?  1.     Facilitating all of Trustly’s banking relationships concerned with originating depository financial institutions (ODFI).2.     Overseeing all of Trustly’s Open Banking support for financial institutions in the U.S.3.     Collaborating with corporate bank partners to become resellers of the Trustly product suite.So, to say this podcast is full of invaluable takeaways would be an understatement. For those of you that may not have a baseline on the Trustly brand, they processed more than $10 billion in 2021, with more than 10 million users here in North America and just closed out a YOY growth revenue increase of 537% in the North American territory alone.Impressed? I was too! And listening to Eric discuss the Open Banking ecosystem is fascinating. He relates it to a stage of actors that feature the consumer as the main character (of course) and the merchant as the supporting role with other notable performances given by the banks (or keyholders) and the fintechs (technology wizards). Tune in to hear him share his invaluable perspective on the Open Banking concept from the frontline – including the three pillars of regulation, lessons from across the pond and what the future looks like as it relates to standardization and 24/7/365 banking.
Released:
Feb 22, 2022
Format:
Podcast episode

Titles in the series (100)

Hear directly from C-level executives in payments/fintech about industry trends, successful strategies, products, services, and what the future holds for the payments/fintech industry. We cover the entire industry from merchant acquiring, payment processing, ISOs, payfacs, fraud, security, issuing, b2b, fintech, to start-ups, if it goes on in payments we will be talking about it.