In this episode of the AI Interconnect podcast, host Laurent Cochet speaks with Walter Hoffmann, co-founder of NXTMOVES, about the evolving landscape of payments and embedded finance. They discuss Hoffmann's career journey, the challenges faced by legacy banking models, and the importance of program management in modern financial services. Hoffmann shares insights on compliance, transparency, and the differences between US and international banking. The conversation also touches on the future of stablecoins, AI in finance, and common pitfalls for fintech startups.
Takeaways
Walter Hoffmann emphasizes the importance of providing data and functional services to meet customer needs.
Extensibility in product design is crucial for customer engagement and satisfaction.
Scaling a product reveals valuable lessons and challenges for founders.
NXTMOVES aims to empower banks by providing clarity and control over payment systems.
Compliance remains a significant concern for banks and fintechs alike.
The US banking landscape is evolving, but still lags behind international counterparts in technology adoption.
Stablecoins and AI are set to play a pivotal role in the future of finance.
Founders must be patient and present during the lengthy process of building a payments business.
Grassroots marketing and user engagement are essential for fintech success.
Financial technology must balance innovation with compliance and risk management.
Titles
Navigating the Future of Payments
Walter Hoffmann on Banking Transformation
Sound bites
"Scaling really gives kind of the metal."
"Compliance is always the big one."
"You have to grassroots build a client base."
Chapters
00:00 Introduction to the Conversation
01:07 Walter Hoffmann's Career Journey and Insights
06:55 Identifying Gaps in Banking and Payments
10:25 Challenges with Legacy Banking Models
12:28 Understanding NXTMOVES' Role in Banking
14:18 The Importance of Program Management
15:37 Navigating Compliance and Transparency
17:29 Challenges in the Fintech Landscape
22:43 Differences Between US and International Banking
26:09 The Future of Stablecoins and AI in Finance
29:00 Advice for Founders in the Payments Space
33:49 Common Mistakes in Fintech Startups
35:34 Conclusion and Future Outlook
Tags and Keywords
Walter Hoffmann, NXTMOVES, fintech payments, embedded finance, banking as a service, sponsor banking, payments infrastructure, fintech compliance, bank fintech partnerships, community banks fintech, payments margins, fintech risk management, BaaS transparency, US fintech, international fintech, financial infrastructure, AI in payments, automation in fintech, fintech innovation, modern banking, AI InterConnect podcast
Hashtags
#AIInterConnect #Podcast #WalterHoffmann #NXTMOVES #FinTech #Payments #EmbeddedFinance #BankingAsAService #SponsorBanking #FintechCompliance #PaymentsInfrastructure #FintechInnovation #AIinPayments #Automation #BankingInnovation #FintechFounders #StartupLeadership #FutureOfBanking #DigitalFinance #FinancialTechnology #GrowthAndMargins #RiskManagement
Walter Hoffmann, Co Founder of NXTMOVES, joins AI InterConnect to break down what is really happening behind the scenes in sponsor banking and embedded finance. In this episode, Walter shares his product driven perspective on why traditional Banking as a Service models failed, where risk and opacity created problems, and how modern payments infrastructure must evolve to support banks and platforms sustainably.
The conversation covers embedded finance program management, payments margins, compliance challenges, and the differences between the US and international fintech markets. Walter also explains how transparency, real time visibility, and disciplined program design are becoming essential for long term success in fintech.
If you are a founder, bank leader, or fintech operator looking to understand the future of payments and embedded finance, this episode offers practical insights from the front lines.