Brigit Carroll's guest appearances

Brigit Carroll

More Money Podcast

Fintech Impact

OwlTail

Wise Revisted

Jason talks to Brigit Carroll, the policy lead for the Americas at Wise. Wise is a company that has previously appeared on the show. Jason has invited Bridget to discuss the progress or lack thereof regarding open banking in North America. They discuss various topics related to cross-border payments, banking apps, and the challenges faced by the industry. Bridget emphasizes the need for transparency in pricing and reducing the cost of remittances. They also talk about the evolving narrative of fintech disruptors and the importance of collaboration within the payment ecosystem.Episode Highlights00:42: Bridget provides a recap of what Wise (formerly known as TransferWise) is all about. 01:18: Wise is a global payments company that focuses on providing the best solution for moving money across borders. 02:22: Open banking is seen as a crucial component of the overall modernization of the payment ecosystem in Canada. 08:33: Bridget emphasizes the importance of faster payments, stating that Canadians deserve it and it's not just a luxury. Failure to deliver on this promise would be detrimental to consumers and businesses during the cost-of-living crisis.11:26: Bridget emphasizes the importance of bringing Canada up to speed with the rest of the world.16:22: Canadian banks are not competitive and are expensive compared to other financial institutions globally. 18:06: There are long lead times for various initiatives, such as the retail Payments Activities Act, which is currently undergoing consultations. 27:10: Knowing that we are making a positive difference in the lives of millions of people around the world is incredibly rewarding. It's why we do what we do, and it's what keeps us motivated to continue pushing for better solutions and a more inclusive financial system, says Bridget.3 Key PointsBridget explains that payments modernization in Canada includes various aspects such as real-time payments, modern payment licensing through systems like RPAs (Request-to-Pay Agreements), open banking, and enabling fintech companies to access the payment system through amendments to the Canadian Payments Act.Jason highlights the frustration of waiting several days for a payment to clear and emphasizes that instant payments are crucial for individuals who cannot afford to wait for their paychecks or for small businesses seeking instant liquidity.Jason criticizes banks for their generic marketing approaches that fail to address individual needs.Tweetable Quotes"Canadian banks may strongly resist open banking, while noting that Europe has taken a legislative approach, and the United States has embraced free market capitalism." – Jason"Wise was the first non-bank to access the Bank of England's faster payment system, resulting in cost reductions for customers and significantly faster payment processing." - Bridget"Change needs to happen in collaboration with regulators and incumbents as well. It's not about disrupting for the sake of disruption, but it's about working together to create a better system." – BridgetResources Mentioned:Facebook – Jason Pereira's FacebookLinkedIn – Jason Pereira's LinkedInWoodgate.com – SponsorPodcast Editing Hosted on Acast. See acast.com/privacy for more information.

Jason talks to Brigit Carroll, the policy lead for the Americas at Wise. Wise is a company that has previously appeared on the show. Jason has invited Bridget to discuss the progress or lack thereof regarding open banking in North America. They discuss various topics related to cross-border payments, banking apps, and the challenges faced by the industry. Bridget emphasizes the need for transparency in pricing and reducing the cost of remittances. They also talk about the evolving narrative of fintech disruptors and the importance of collaboration within the payment ecosystem.Episode Highlights<ul><li>00:42: Bridget provides a recap of what Wise (formerly known as TransferWise) is all about. </li><li>01:18: Wise is a global payments company that focuses on providing the best solution for moving money across borders. </li><li>02:22: Open banking is seen as a crucial component of the overall modernization of the payment ecosystem in Canada. </li><li>08:33: Bridget emphasizes the importance of faster payments, stating that Canadians deserve it and it's not just a luxury. Failure to deliver on this promise would be detrimental to consumers and businesses during the cost-of-living crisis.</li><li>11:26: Bridget emphasizes the importance of bringing Canada up to speed with the rest of the world.</li><li>16:22: Canadian banks are not competitive and are expensive compared to other financial institutions globally. </li><li>18:06: There are long lead times for various initiatives, such as the retail Payments Activities Act, which is currently undergoing consultations. </li><li>27:10: Knowing that we are making a positive difference in the lives of millions of people around the world is incredibly rewarding. It's why we do what we do, and it's what keeps us motivated to continue pushing for better solutions and a more inclusive financial system, says Bridget.</li></ul> 3 Key Points<ol><li>Bridget explains that payments modernization in Canada includes various aspects such as real-time payments, modern payment licensing through systems like RPAs (Request-to-Pay Agreements), open banking, and enabling fintech companies to access the payment system through amendments to the Canadian Payments Act.</li><li>Jason highlights the frustration of waiting several days for a payment to clear and emphasizes that instant payments are crucial for individuals who cannot afford to wait for their paychecks or for small businesses seeking instant liquidity.</li><li>Jason criticizes banks for their generic marketing approaches that fail to address individual needs.</li></ol> Tweetable Quotes<ul><li>"Canadian banks may strongly resist open banking, while noting that Europe has taken a legislative approach, and the United States has embraced free market capitalism." – Jason</li><li>"Wise was the first non-bank to access the Bank of England's faster payment system, resulting in cost reductions for customers and significantly faster payment processing." - Bridget</li><li>"Change needs to happen in collaboration with regulators and incumbents as well. It's not about disrupting for the sake of disruption, but it's about working together to create a better system." – Bridget</li></ul> Resources Mentioned:<ul><li><a href="https://www.facebook.com/jason.pereira" rel="noopener noreferrer nofollow" target="_blank">Facebook</a> – Jason Pereira's Facebook</li><li><a href="https://www.linkedin.com/in/pereirajm?trk=org-employees_mini-profile_title" rel="noopener noreferrer nofollow" target="_blank">LinkedIn</a> – Jason Pereira's LinkedIn</li><li><a href="https://www.woodgate.com/#plan-prosper-preserve-financial-planning-toronto" rel="noopener noreferrer nofollow" target="_blank">Woodgate.com</a> – Sponsor</li><li><a href="https://barevalue.com/podcast-editing" rel="noopener noreferrer nofollow" target="_blank">Podcast Editing</a></li></ul> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Wise Revisted with Brigit Carroll | E283

I can't believe this is the last episode of Season 16! It's been an amazing season and I'm so happy to close it out with a great episode for all my summer travelers wanting to know how they can save money on converting their currency abroad. Or even if you aren't traveling this summer, if you aspire to be a digital nomad or frequently receive/send money to family or friends internationally, then you'll want to listen up.   Brigit Carroll who joins me for this episode is the Policy Lead, North America at Wise, and she's sharing how Wise is changing the game for how we can send, receive and exchange money internationally and effectively normalize borderless banking. Brigit advocates for Wise’s mission of instant, convenient, transparent, and eventually free cross-border payments vis-a-vis policymakers in the U.S., Canada, and beyond. Based in Washington, D.C., Brigit joined Wise’s policy team in Brussels in 2019, focused on EU policy. Prior to joining Wise, Brigit gained 5+ years’ experience in public affairs and advocacy in Brussels, at global communications firm FleishmanHillard and the American Chamber of Commerce to the EU.   In this episode, Brigit explains how Wise works, including how it keeps your money safe and makes international transactions easy with lower fees and better exchange rates. She also shares her own story of using Wise before she started working for the company while she lived in Europe and how they are constantly trying to improve and partner with financial institutions to make things easier and better.   Thank you so much for listening to another season of the More Money Podcast and thank you to all the amazing guests that came on the show! I'm going to take a much-needed summer break, work on my book and visit my family in Vancouver. So with that, see you in September and enjoy your summer too! For full episode show notes visit: https://jessicamoorhouse.com/373

I can't believe this is the last episode of Season 16! It's been an amazing season and I'm so happy to close it out with a great episode for all my summer travelers wanting to know how they can save money on converting their currency abroad. Or even if you aren't traveling this summer, if you aspire to be a digital nomad or frequently receive/send money to family or friends internationally, then you'll want to listen up. Brigit Carroll who joins me for this episode is the Policy Lead, North America at Wise, and she's sharing how Wise is changing the game for how we can send, receive and exchange money internationally and effectively normalize borderless banking. Brigit advocates for Wise’s mission of instant, convenient, transparent, and eventually free cross-border payments vis-a-vis policymakers in the U.S., Canada, and beyond. Based in Washington, D.C., Brigit joined Wise’s policy team in Brussels in 2019, focused on EU policy. Prior to joining Wise, Brigit gained 5+ years’ experience in public affairs and advocacy in Brussels, at global communications firm FleishmanHillard and the American Chamber of Commerce to the EU. In this episode, Brigit explains how Wise works, including how it keeps your money safe and makes international transactions easy with lower fees and better exchange rates. She also shares her own story of using Wise before she started working for the company while she lived in Europe and how they are constantly trying to improve and partner with financial institutions to make things easier and better. Thank you so much for listening to another season of the More Money Podcast and thank you to all the amazing guests that came on the show! I'm going to take a much-needed summer break, work on my book and visit my family in Vancouver. So with that, see you in September and enjoy your summer too! For full episode show notes visit: <a href="https://jessicamoorhouse.com/373" rel="nofollow" target="_blank">https://jessicamoorhouse.com/373</a>