What better way to celebrate the start of summer than with some of the latest conversations from Greg Palmer and the Finovate Podcast!
The podcast has just kicked off its series of interviews with Best of Show winners from FinovateSpring. First, Greg Palmer talked with Christian Widhalm, CEO of Bloom Credit, about building credit and creating new lending opportunities. Episode 217.
“We are an infrastructure platform that’s really leading the modernization of credit data and credit data transmission,” Widhalm said in his Finovate Podcast conversation earlier this month. “There’s a significant amount of value to be uncovered within the ecosystem right now, specifically around credit data, and that’s what Bloom has set out to do.”
Headquartered in New York City and founded in 2016, Bloom Credit is a B2B credit data infrastructure platform. The company is building the next generation of rails for “all things credit data,” including transmission and compliant storage. Bloom’s technology helps facilitate the extension of affordable credit to the millions of consumers who are either subprime borrowers or have thin/no file with major credit agencies.
Watch Bloom Credit’s Best of Show winning demo from FinovateSpring 2024.
Most recently, Greg Palmer sat down with Kalyani Ramadurgam, CEO of Kobalt Labs, to discuss third-party regulations, the rise of AI, and the broader regulatory environment for fintechs, banks, and financial services companies. Episode 219.
“We automate all things third party diligence,” Ramadurgam explained. “When I say third party diligence that usually includes everything from vendor risk assessment all the way to monitoring, as well as partner and merchant risk assessment – whether you’re a partner bank or a fintech that’s looking to do business with new entities.”
New York City-based Kobalt Labs enables FIs to accelerate and fortify compliance operations. The company’s technology also provides automatic alignment with the latest regulations in privacy, lending, money movement, BSA/AML, ACH, and more. At FinovateSpring this year, Kobalt Labs demoed its AI-powered co-pilot that streamlines this process. The company was founded in 2023.
Watch Kobalt Labs’ Best of Show winning demo from FinovateSpring 2024.