Taktile

👉 Today, we’re excited to release: "Rebalancing risk & reward: The ultimate guide to leveraging third-party data in fintech decisions". Teams building and managing financial products face constant pressure to balance risk and reward. This guide explores how third-party data is helping them achieve both—providing practical advice on everything from finding the right data partners to integrating and optimizing new insights for risk policies. Featuring insights from industry-leading providers like Plaid, Codat, Ocrolus, Socure, and Baselayer, along with expert contributions from Jason Mikula and Alex Johnson, it’s a must-read for anyone in product or risk. We also showcase how forward-thinking teams at companies like Jeeves, Breakout Finance, Rhino, and Seen are accelerating the process of accessing and iterating on third-party data. Download the guide here: https://lnkd.in/e2uA9w2m

We were thrilled to host another Risk & Reward Dinner in New York last Thursday! A big thank you to everyone who attended and contributed their deep insight and knowledge and a special thank you to Yaakov Erlichman, Head of Capital and Small Business Risk at Stripe, for his superb facilitation of the discussion. We are already looking forward to our next dinner!

We are proud to share that our Co-Founder and CEO Maik Taro Wehmeyer will be an Ambassador for the FIBE 2025 Edition, driving innovation and collaboration in the finance scene forward. FIBE is Berlin’s signature Fintech Festival made for the world and dedicated to the future. We are excited about being part of this community alongside an inspiring group of Ambassadors, including: Marc-Alexander Christ, Olga Shikhantsova, Georg Hauer, Marcus W. Mosen, Videesha Boeckle, Estelle Merle, Dr. Sebastian Schäfer, Sarah Häger and Rafael Otero.

The Taktile team had the chance to attend Finovate Fall this week in New York City. Some quick highlights and takeaways from the event: 1. Compliance, compliance, compliance. As banks, especially those that partner with fintechs, continue to face heightened regulatory scrutiny, compliance was top of mind for stakeholders across the ecosystem: banks, fintechs, and infrastructure providers. New tech holds the promise of greater degrees of automation, enabling banks and fintechs to better scale compliance activities without scaling cost. 2. AI. It was seemingly everywhere, with the description "AI-powered" being tagged on to all kinds of products and services. Large language models and generative AI, specifically, were at the forefront, including from compliance vendors. Still, it remains challenging to separate hype from reality, and AI-powered solutions continue to face skepticism from regulators about their fairness and explainability. 3. Brokered deposits. With the recently proposed FDIC rule that would functionally roll back 2020's loosening of brokered deposit regulation, the potential impacts, should the rule be finalized, were a hot topic -- literally, in the case of a live recording of the Breaking Banks Fintech Podcast featuring our own Jason Mikula discussing that and other regulatory topics with a side of chips and hot sauce. 4. Open banking. The chatter at Finovate around open banking was mostly forward looking, with many speculating a final 1033 rule could be introduced as early as next month, potentially being announced at Money20/20 in late October.5. Macro and credit cycle. With inflation moving back towards the Fed's long-term 2% target and the employment market cooling, attendees, especially those that do lending, are wondering if the Fed will stick a "soft landing" or if we're headed for a recession. Markets are widely expecting a 0.25% point rate cut at the Fed's next meeting. Still, newer lenders that haven't been tested through the cycle are right to be cautious and keep a close eye on their credit policy and underwriting.

We're excited to not only announce our new customer Credix but also share their experience using Taktile's decision engine in an in-depth article written by their CTO Maxim Piessen! Credix is a next-generation FinTech platform that allows any B2B platform to offer flexible financing options to its business buyers. We're excited to be alongside Credix on its journey to drive innovation in Brazil's B2B credit system! 🚀

We had the pleasure of hosting a fantastic Happy Hour with This Week in Fintech yesterday. It was a great opportunity to connect with some of the brightest minds in the fintech space over good drinks and even better conversations. 🍻 Thank you to our co-sponsors and everyone who joined us and helped make it a memorable event! 🚀

Catch APP fraud before it’s too late with smarter transaction monitoring ⏩ Authorized Push Payment (APP) fraud is on the rise as real-time payment schemes grow globally. With instant payments now dominating the market and upcoming changes to regulations, financial institutions and fintech companies need to ensure their transaction monitoring systems can quickly adapt. Our latest article dives into the emerging fraud threats, the regulatory landscape, and strategies to adapt your monitoring systems for the future of real-time payments. Check out the article linked in the comments to learn more ⬇️

We will be at LEND360 in Nashville this week! Jared Goldfischer and Peter (Petros) Sechopoulos from our team will be on site and would love to meet you!

We will be at Finovate Fall in NYC! Our Head of GTM Strategy & BD Dajana M. and Marisa Natarajan will be on site and would love to meet you!

Incredible to see Taktile featured in Sifted's Rising 100 of 2024 — the ultimate list of B2B SaaS startups shaping up to be $1bn-plus unicorns. 🚀 You can check out the complete list here: https://lnkd.in/e4rAFU6j