In this episode of The Headless Banking Podcast, Jeff interviews Brian Karimi-Pashaki, Head of Partnerships at Pinwheel, a company that provides income verification, direct deposit switching, and payroll data connectivity for FinTech & banks. Brian talks about his background in FinTech, starting at Goldman Sachs and buying third-party technology to build a Marcus. He also discusses the challenges of building new products inside a larger company, as well as the importance of AI assistants in the future of the financial industry.

Diving into Pinwheel, Brian explains that the company is an API layer that sits in front of payroll systems, similar to Twilio and Plaid for telecommunications and banking data, respectively. By making payroll data accessible through their API, Pinwheel enables developers to build products and services that utilize this information. Examples include early access to wages, income and employment verification for loans and apartments, and more efficient and secure data sharing between employers and landlords.

Overall, Pinwheel is changing the way payroll data is accessed and utilized, opening up new possibilities for the industry and beyond.

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