“Banking is foundationally a trust-driven business…and that is what Apple is doing. That is the game they are playing.”
In Episode 34 of Localogy’s This Week in Local podcast, guest Co-host (and previous guest) David Arslanian, Managing Director of investment bank Progress Partners, joins Mike Boland to explore the intersection of big tech and banking. This includes the “why” behind Apple’s moves in financial services.
First, David shares why this is a perilous time for smaller regional banks and a golden time for online-only neobanks.
This transitions into a discussion of what exactly Apple is up to in the financial services sector. Hint: it’s a lot.
You can find this and all other episodes of This Week in Local on Apple Podcasts, Google Podcasts, Spotify, or YouTube.
And please stick around for our “Who Won the Week” segment that rounds out each episode of This Week in Local. You never know. The hosts might mention your company. They may even talk about you.
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This Week in Local is Localogy’s weekly podcast. It features brief (<30-minute) yet highly engaging conversations about events in the local digital ecosystem that Localogy serves.
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