The Money Hackers: An Unlikely FinTech Origin Story (with Daniel Simon)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.2 • 1.9K Ratings

🗓️ 15 April 2020

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

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Summary

How has that phone in your pocket changed the course of finance? It turns out, a TON. Today we talk to Dan Simon, who chronicles the birth and growth of FinTech for us on today's show. We'll discuss the early iPhone and how it became the center of development. We'll then highlight some of the early players and how their interest wasn't so much around banking, trading, or even finance, as it was a way to solve a very specific problem they had. We'll also discuss the future of FinTech. Dan's opinion may surprise you. We'll also shine a light today on the student loan crisis. Good news for borrowers: there was something in the latest government aid package for you. We'll detail many of the helpful provisions with the help of CFP Ryan Law and Certified Student Loan Counsellor Andrew Pentis. Plus, if you're one of the over 6.6 million people who lost their job two weeks ago, we also have some help for you. We wish it was a new job...but instead it's just some financial tips. That's not all! We'll of course throw out the Haven Life line in the funniest way possible AND save time for Doug's totally artistic trivia. Thanks for hanging out with us! If you're helping keep the economy moving during all this...special thanks to YOU! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey, this is Pete the Planer, USA Today, Money Columnist, and host of the Ask Pete the Planer
0:05.0	podcast.
0:06.0	When I'm not fixing the weirdest financial situations you've ever heard of, I'm stacking
0:11.4	Benjamin's. of, I'm stacking Benjamins. Live from Joe's Bands'
0:15.0	Live from Joe's mom's basement,
0:20.0	it's the stacking Benjamin Show. I'm Joe's Mom's neighbor Doug and today is World Art Day. You know, I'm pretty sure a year ago today was like Tax Day or something.
0:42.0	Huh, I wonder what's changed. Well today we're bringing some
0:47.4	high quality art to all of you money nerds. Check this out. The most artistic thing happened in finance, of course, was the FinTech Revolution.
0:58.0	What innovations have lit up your wallet?
1:00.8	Say hello to the guy who's documented it all in his new book, The Money Hackers, Dan Simon.
1:07.0	Also, have student loans? There's lots happening in the area of student loan relief.
1:12.0	Today, to help us sort through it we
1:14.9	welcome certified financial planner Ryan Law and certified student loan
1:20.0	counselor at Student Loan Hero and Lending Tree, Andrew Pentis.
1:25.0	Out of a job, we'll also cover that today.
1:28.0	And the changing nature of unemployment and securing benefits on today's show plus will also artfully toss out
1:36.0	the Haven Lifeline to Nick and I'll share some of my amazing completely choreographed
1:42.4	trivia and now two guys you completely choreographed trivia.
1:43.0	And now, two guys you can't even draw,
1:46.0	like their own conclusions,
1:49.0	Joe and O
1:51.0	J-J-J-J-J-J-J-J-J-J-G. Oh and oh and oh j j j j j j j j j j j j j j j j j jg
	...

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