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So Money with Farnoosh Torabi

903: Lou Anne Alexander, Group President of Payment Solutions for Early Warning

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 24 June 2019

⏱️ 30 minutes

🧾️ Download transcript

Summary

How do you send money to friends, family, and just about anyone else? The odds are you’re no longer putting a check in the mail. When was the last time you even used a check? With so many of us abandoning our checkbooks and person to person payment services taking off, banks needed to change with the times or risk losing their customers. That’s where my guest today Lou Anne Alexander enters the scene. She’s the Group President of Payment Solutions for Early Warning LLC, and led the launch of Zelle — the financial services' first real time payment network. Zelle was also the presenting partner of Stacks House in Los Angeles, the financial empowerment pop-up museum She has spent the last few years on the road promoting Zelle to banking executives who weren’t always so eager to embrace change. And she’s done it successfully, with $39 billion sent through Zelle in the first quarter of this year. A banking veteran with years of success under her belt, I’m very excited to have Lou Anne Alexander joining us today. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 903 Luan Alexander group president of payment solutions at early

0:07.1

warning. You're listening to So Money with award-winning money guru

0:12.2

Farnus Karabi Each day get a 30 minute dose of

0:15.7

financial inspiration from the world's top business minds, authors, influencers, and from

0:21.0

Farnuus herself.

0:27.0

Looking for ways to save on gas or double your double coupons? Sorry, you're in the wrong place.

0:29.0

Seeking profound ways to live a richer, happier life.

0:32.0

Welcome to So Money.

0:36.0

I wouldn't have a dollar to my name if it weren't for my father.

0:39.0

My father grew up in a very humble environment, always was a savor, never really bought things

0:47.4

that he didn't have the money in his pocket to pay for.

0:51.8

How do you send money to friends, family, and everybody else?

0:55.4

The odds are you're no longer putting a check in the mail, right?

0:58.3

When was the last time you even used a check?

1:00.7

Welcome to So Money, everybody.

1:01.9

I'm your host, Farnoosh Terabi.

1:04.0

A lot of us are venturing over to person-to-person payment services

1:08.0

or peer-to-peer payment services.

1:10.0

And our guest today is at the forefront of this technology.

1:14.4

Luann Alexander is the group president of Payment Solutions for Early Warning,

1:19.2

which led the launch of Zell.

1:21.6

A lot of us use Zell, right? It's the Financial Services Industry's first real-time

...

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