Breaking Banks

In This Episode

For years, Banking as a Service (BaaS) was sold as a silver bullet for community banks to solve their deposit problems and grow non-interest income. Through its evolution, the industry has learned that it is not enough for BaaS to simply be programmable. For innovation in banking to flourish, without sacrificing the safety and security of the banking ecosystem, BaaS must also be governable.

With the bankruptcy of Synapse and the resulting consent orders, sponsor banks have been forced to prove their control over outsourced operations.

This week on Breaking Banks, Jason Mikula, who wrote the book on BaaS, literally!, and is publisher of FinTech Business Weekly; Ellen Linardi, Chief Product and Technology Officer at Synctera; and Reid Whiting, President of Lincoln Savings Bank join Jason Henrichs to talk about sponsor banking. Is it growing up or catching up?

Interested in learning more? Check show notes for a link to a paper, a blueprint really, for the choices a bank that wants to play in sponsorship banking will need to make.

White Paper Link: Orchestration, Control, and Observability: A New Framework for Sponsor Banking https://alloylabs.docsend.com/view/gs8925x8yeii5vxg

In This Episode

What if AI could replicate your consciousness?

Listen as Breaking Banks host Brett King connects with Paolo Sironi, host of Provoke.fm‘s The Banker’s Bookshelf about Paolo’s latest book, Quantum Sapiens.

Paolo’s foray into literary fiction explores the intersection of quantum gravity, philosophy, and the future of human consciousness in an AI-driven world, providing a unique way to explore complex topics.

Available at major bookstores and on Amazon, Quantum Sapiens is a haunting novel blending scientific speculation, the frontiers of artificial intelligence, theories of consciousness and urgent ethical questions into a compelling narrative.

Join Paolo and Brett as they dive into the “hard problem” of consciousness and how technology like AI acts as a mirror for the human experience.

In this episode of Breaking Banks host Brett King sits down with Farbod Sadeghian, Founder and Executive Chairman of TheBlock. Based in Dubai, TheBlock is a fintech collaboration space dedicated to fintech, blockchain development, and crypto, bringing together fintech, AI, and capital markets to build the next economy of virtual assets,

The conversation covers the origin story of TheBlock and the UAE’s regulatory landscape—specifically the Virtual Asset Regulatory Authority (VARA). They also discuss how TheBlock is building a virtual asset community that enables faster speed to market through direct collaboration with onsite advisors and strategic partners.

By connecting people, infrastructure and opportunities, TheBlock offers end-to-end support to help companies launch, operate and scale within the digital economy.

If in Dubai, stop by! 

In This Episode

Financial institutions (FIs) are currently navigating a “perfect storm” of technological, market, and consumer shifts. They face a multi-front war: constant economic and regulatory pressure, soaring consumer expectations for 24/7 personalization, and the existential threat of megabanks with massive tech budgets.

To survive and thrive, FIs must move beyond “pilot purgatory”—where 95% of generic AI pilots fail—and adopt a banking-specific AI workforce,an AI-powered intelligence layer for modern banking.

In this episode of Breaking Banks host Jason Henrichs is joined by Dan Michaeli, CEO & Co-Founder of Glia, a digital customer service and banking AI platform serving over 700 FIs, and Madeline Fredin, SVP of Growth & AI Transformation at Alloy Labs to explore how a self-learning institutional brain unifies data across the organization. By starting with the contact center—the richest source of unstructured interaction data—banks can build a foundation that shifts their entire operation from reactive service to proactive growth and agentic workflows.

In This Episode

Kiah Haslett walked into our Hot Takes session at the Alloy Labs annual member meeting with a thesis she’d been sitting on, and it’s a good one: in a lighter-touch regulatory environment, the prisoner’s dilemma rewards whoever moves first. The strategically correct move, she argues, might also be the morally bankrupt one. And she’s not sure that changes the math.

Dara Tarkowski — who sees the grand jury subpoenas before anyone else does — pushed back. Not on the logic, but on the premise. The statutes didn’t go anywhere. The switch can still be flipped.

And underneath both arguments is the question we’d been wrestling with the day before: if most banks only have a debt mindset — protect the downside, don’t lose, get your principal back — what are they leaving on the table? And what does it actually cost them to keep waiting for clarity that isn’t coming?

Joining Jason Henrichs are Kiah Haslett (Fintech Takes Banking), Dara Tarkowski (Much Shelist, P.C.), and Rick Geloff (Bank of North Dakota).