The Evolution of Digital Banking

The Yield

The impact and possibilities with decentralized finance and digital banking continue to expand. In this episode of The Yield, Peter Kerr, CFA, and Director of Product Marketing for Yieldstreet, and Jason Blick, CEO of EQIBank, join to discuss the evolution of digital banking. From digital banking for corporate and private clients to decentralized protocols for pooled lending and borrowing for crypto and stablecoins, Peter and Jason cover a wide array of topics

Key Takeaways:

[1:39] EQIBank aims to provide a global digital bank, and it’s in high demand around the world.

[4:00] Evaluating underbanked countries and meeting their needs.

[5:17] The crypto space in a global banking ecosystem from a corporate perspective.

[7:45] Is there a demand for crypto in non-banking corporations?

[9:02] The main differentiators and licensing positions that companies offering crypto to their clients require.

[11:50] Balancing high-touch customer service needs with quality digital orientation.

[14:27] Which companies in Africa is EQIBank currently servicing?

[15:31] Are US client funds held in correspondence banks offshore?

[17:34] The impact that the size of the industry has on bitcoin and cryptocurrency offerings.

[21:10] Is DeFi (decentralized finance) posing a threat to centralized entities?

[24:50] Key differences regarding retail investors in the digital banking world.

[26:59] Possibilities that may appear in the future of DeFi and finance.

[28:44] DeFi and EQIBank resources, and is there a realistic alternative to FDIC insurance in traditional retail banking?

Mentioned in This Episode:

Yieldstreet