Financial Forward: The Future of Consumer Finance & Banking
Financial Forward with Jim McCarthy
Explore the Future of Consumer Finance, Banking Regulation, and FinTech Innovation
Financial Forward is the essential podcast for professionals in finance, compliance, and innovation. Hosted by Jim McCarthy, founding member of the CFPB and expert in regulatory risk management, each episode features in-depth conversations with leaders from banks, credit unions, fintech companies, and regulatory agencies.
🎯 What You’ll Learn:
- Consumer finance trends and policy changes
- CFPB rulemaking and enforcement actions
- Compliance with FDIC, OCC, NCUA, and CFPB oversight
- FinTech, open banking, and RegTech innovation
- Credit cards, loans, mortgage servicing, and fair lending
- AI and automation in banking compliance
- Risk management and consumer protection
🎧 Who Should Listen:
Bank executives, compliance officers, fintech founders, consumer advocates, and anyone interested in regulatory reform and financial inclusion.
🎙️ Listen now on Apple Podcasts, Spotify, Google Podcasts, Amazon Music, and more.
📲 Follow Jim McCarthy on LinkedIn for exclusive updates:
https://www.linkedin.com/in/jim-mccarthy/
📩 Contact: jim@mccarthy-hatch.com
💬 Share your thoughts using hashtags:
#FinancialForwardPodcast #ConsumerFinance #BankingCompliance #CFPB #FDIC #OCC #Fintech #RiskManagement #OpenBanking #JimMcCarthy
Financial Forward: The Future of Consumer Finance & Banking
Predatory Lending Pitfalls: Mollie's Small Business Survival Story
In this episode of Financial Forward, host Jim is joined by Mollie, a small business owner in the medical device certification industry. The conversation navigates Mollie's journey from her education in microbiology to the challenges she faced in the financial management of her business. Highlighting the predatory lending practices she encountered, Mollie's story serves as a cautionary tale for entrepreneurs.
They discuss the intricacies of cash flow management, the impact of high-cost short-term financing, and the need for regulatory reforms to protect small business owners. This episode is a valuable resource for entrepreneurs and those keen on understanding financial strategies in business.
00:00 Introduction to Mollie's Story
01:32 Mollie's Background and Career Journey
02:41 Starting and Managing a Small Business
04:38 Challenges of Cash Flow Management
14:36 The Predatory Lending Trap
27:01 Reflections and Advice for Small Business Owners
32:53 Conclusion and Final Thoughts
More from Jim:
LinkedIn: https://www.linkedin.com/in/mccarthyhatch/
https://www.mccarthy-hatch.com/