In this episode, Nakeita shared her experience and insights on overcoming self-doubt and navigating career pivots in the finance industry.

The conversation emphasized the importance of self-awareness, resilience, and a growth mindset, and discussed the challenges and opportunities of pivoting into finance and FinTech.

Nakeita envisioned herself three years in the future and described her ideal scenario to a coach, which helped her embody the success and overcome self-doubt. All professionals could benefit from this valuable advice.

Nakeita and Mohamed also shared insights on navigating professional journeys and leadership, with a focus on purpose and helping others. Throughout the discussion, they highlighted the value of networking, personal and professional development, and faith in achieving success.

Nathan Stevenson and Mohamed Desoky discussed the potential of reinforcement learning and AI in finance, particularly in asset management and personalized wealth management. Nathan also shared his inspirational and impactful journey to ForwardLane.

They emphasized the importance of human feedback in the reinforcement learning process to improve accuracy and highlighted the need for human interaction in financial decision-making. They also discussed the future of financial technology with AI, including the potential for AI to revolutionize the industry.

In this episode we were joined by Paul Davis, from Greensboro, NC and founder at Bank Slate, a banking and fintech consulting and advisory practice with a robust media platform. We discussed how fintechs can work better with banks.

Principle themes:

• Prioritizing compliance at fintechs, and taking proactive steps to demonstrate compliance;
• Building dedicated teams and leaders at banks to manage fintech partnerships;
• Monitoring and managing third party relationships through action plans;
• The importance of measuring potential risks with fintechs - eg. liquidity, credit, reputational, etc.
• Regulatory scopes, ie. the difference between the CFPB's scope and that of the OCC/FDIC/Fed;
• Becoming well-rounded in technology and compliance, and networking as keys to success in the field.

https://thebankslate.substack.com/ #FaaS