Episode 16 looks at Bud, a marketplace of fintech products that can be white-labelled by banks. Initially it was a “D2C” – Direct to Consumer – product, but now it’s focused almost entirely on ameliorating bank offerings. For this reason, there will be no “Millie” section in this episode, because of the way white-labelling works. The banks which choose to skin the Bud product can do so in the absence of any Bud branding, so that it simply looks like a shiny new feature rolled out by the skinning bank. Bud allows big banks to integrate fintech services into their offerings very swiftly, satisfying the needs of their evolving customer bases.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.