Oct. 25, 2024

Fintech Fridays w/ Brad Blumberg, Aster Key - Consumer Control: New Era in Fintech

Fintech Fridays w/ Brad Blumberg, Aster Key - Consumer Control: New Era in Fintech

In this episode of FinTech Fridays, Brian Vieaux interviews Brad Blumberg, co-founder of Aster Key. They discuss Brad's background in real estate and technology, the inception of Aster Key, and the importance of consumer empowerment and data security in the mortgage industry. Brad shares insights on the challenges of data protection and the need for consumers to control their financial personas. The conversation also touches on the potential for Aster Key to expand beyond mortgages and the broader implications for the financial services industry. Takeaways: Aster Key focuses on consumer permission and control of data. The mortgage process is complicated, leading to data vulnerabilities. Consumers currently do not own their financial personas. Data breaches are a significant risk in the mortgage industry. Aster Key aims to empower consumers in the mortgage process. The financial services industry needs to prioritize consumer empowerment. Data security is becoming a national security issue. The mortgage industry can learn from other sectors in data management. Aster Key's approach could revolutionize how consumers interact with lenders. The future of data ownership is shifting towards consumer control. Chapters 00:00 Introduction and Background 05:17 The Birth of Aster Key 10:36 Consumer Empowerment and Data Security 18:19 Expanding Beyond Mortgages 23:11 Conclusion and Future Outlook https://www.linkedin.com/in/brianvieauxcmb/ https://www.linkedin.com/in/bradblumbergfounder/