Totavi, LLC

🚀 The Backbone of Innovation: How Infrastructure Fuels Fintech and Wealthtech Growth In a guest post on This Week in Fintech, Matthew Goldman explores how infrastructure drove fintech’s explosive growth and why wealthtech is on the brink of a similar transformation. The post dives into the biggest opportunities ahead, from compliance and data management to the rise of AI and alternative investments. It’s an exciting time for innovators and investors alike! 👉 Read more at This Week in Fintech! #Fintech #Wealthtech #Innovation #Growth

CardsFTW #138: 🏦 Open Banking Standards: A Milestone for Innovation The CFPB’s approval of the Financial Data Exchange (FDX) as a standard-setting body under 1033 data rules marks a pivotal step toward open banking. By eliminating paywalls and fostering transparency, these open standards can democratize access to financial APIs, enabling small developers and startups to innovate while empowering consumers to better understand and manage their financial data. This is a big win for innovation and consumer empowerment! 🚀 Plus, Goodbye to Dosh, the new BofA Rewards Tracker, and more #OpenBanking #Fintech #Innovation #CommunitySupport #CardsFTW

🌐 Unintended Consequences of Financial Regulation 🌐 The Durbin amendment to Dodd-Frank was designed to protect consumers by capping debit card interchange fees. But did it achieve its goal? ✅ While merchants saw a $42B windfall by 2016, most consumers didn’t experience the promised lower prices. ✅ Banks adapted, charging for previously free services like checking accounts, altering the banking landscape. ✅ Fintech innovation accelerated, but at a cost: less experienced banks entered the sponsorship game, leading to regulatory lapses and consumer risks. Today, the Credit Card Competition Act threatens to repeat the same mistakes, potentially removing credit card rewards, shifting costs back to consumers, and creating instability. Regulation should strike a balance, protecting consumers without stifling innovation or creating unintended consequences. Before doubling down, lawmakers should learn from Durbin’s outcomes: • Higher banking costs for consumers. • Little price reduction for goods and services. • Greater risks due to inexperienced institutions managing complex programs. The financial ecosystem thrives when merchants, banks, and consumers can make informed, market-driven choices—not under regulations that miss the mark. Let’s advocate for smarter, more balanced oversight that drives innovation while safeguarding stability. #Fintech #Regulation #Banking #Innovation #Policy

Matthew Goldman joined Reginald (Reggie) Young from Lithic in the latest Fintech Layer Cake episode to discuss insights and takeaways from all things cards in 2024. Tune in to the full episode for predictions for the card industry in 2025, as well as open banking's impact on cards, AI and payment cards, and stablecoin calls. 🔗 Link to the full episode is in the comments!

You asked, we answered! In response to demand from our clients, we now offer marketing and PR services, in partnership with A/M Partners. We love building innovative card and fintech products, and now, we’re equipped to drive growth for those products. Whether you need clever positioning, increased brand awareness, a website with a clear narrative, or sales enablement materials that empower your team to supercharge growth, we’ve got you covered. Reach out to us at hello@totavi.com.

🎧 Tune in this week for the final episode of the How Money Moves podcast! For the final episode in the series, Soups Ranjan of Sardine and Liran Amrany from Team8 join Matthew Goldman and Julie VerHage-Greenberg to discuss all things fraud.

Join Matthew Goldman and Julie VerHage-Greenberg, along with guests Brandon Lloyd, Bo Jiang, and Wade Arnold, as they discuss everything involving B2B payments on this week's episode of the How Money Moves Podcast. #fintech #payments #embeddedfinance #b2b

Our Founder, Matthew Goldman, sat down with Intelligent Fintech to discuss the most recent fintech startups that have failed, and why. You can find Matthew's commentary on page 26!

🎧 Our founder, Matthew Goldman, joined NYPAY and FinTech Connector for a webinar about The Future of Credit Card Rewards and Loyalty Programs. Tune in here for our insights! #webinar #creditcards #rewardsprograms

✍ 💵 When is the last time you pulled out your checkbook? (or, are you even old enough to remember what a checkbook is?!) Our founder and CEO, Matthew Goldman, has some hot takes on why checks can still be useful in this digital age. Tune into This Week in Fintech's Special Series on How Money Moves with Julie VerHage-Greenberg. #payments #totavi #fintech #thisweekinfintech #fintechpodcast #moneymoves #moneypodcast #twif https://lnkd.in/eBPGGgbm