Are Commercial Payments Rocket Science?
Are Commercial Payments Rocket Science?  
Podcast: Bank Nerd Corner
Published On: Thu May 14 2026
Description: This week on Bank Nerd Corner, Kiah is joined by Darren Beyer, Chief Product Officer at Qolo, a payments infrastructure platform that works with banks on commercial payments, card issuing and treasury management. Darren's path to fintech is unlike most: he spent his early career at NASA working on space shuttle missions — and he says payments are actually more complex!  Banks are often limited by their core — most of which are decades old and designed for a world of next-day ACH settlement and basic debit cards — if they want to innovate and update their commercial payment capabilities. At the same time, they’re fending off fintech competitors that have designed polished user experiences that offer a compelling reason for commercial customers to leave their banks.  Darren also talks about why compliance teams hold the trump card in any bank technology decision, why stitching together point solutions creates a finger-pointing mess when something goes wrong and who needs to be involved to make these projects smooth and successful.  Check out the latest impact report from Qolo and Fintech Takes Banking: “5 Takeaways from Top Execs on Treasury Management" --- Fintech Takes Banking is the weekly newsletter for bank execs who get it. Subscribe for the latest in regulation, tech, financials, operations and, yes, accounting, straight to your inbox: ⁠https://fintechtakes.com/banking/newsletter-subscription/⁠ --- Follow Darren on LinkedIn Follow Kiah on LinkedIn and X