August, 2012

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Protected: Bank Innovation Partnership Opportunities

Bank Innovation

There is no excerpt because this is a protected post.

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Where will banks get their next dollar of capital?

Jeff For Banks

'Retained earnings. I make a living helping financial institutions be as profitable as feasible. Why? To perpetuate their business model. This is how I feed my family. But profits have been under pressure since 2008. First, FIs experienced pressure in their investment portfolios, purchasing Fannie Mae preferred''s and other FIs trust preferred securities.

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Google Wallet roll out. without Google Bucks

Money and Payments

'It''s about five years ago that I discovered, by accident and curiosity, that Google Payments Limited had applied for an e-money license at the FSA. Ever since, people have been wondering how Google would enter the payment space. Would they offer a wallet with virtual cards or would they issue their own new virtual worldwide currency (googles, googlets or gees)?

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Strategy drives structure. in theory only?

Jeff For Banks

'Strategy drives structure, so says Peter Drucker. Do you believe him? Does your strategy drive your structure? I taught Organizational Structure this week at the North Carolina School of Banking. I was the one in the room with the accent, by the way. But I digress. I created a case study of a bank called Blue Collar Bank, a New Jersey thrift whose vision was to be the #1 financial institution for working families in its markets.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Bit instant to introduce 'bitcoin'-card.

Money and Payments

'As you may know I am somewhat sceptic about the underpinnings of Bitcoin (see my previous posts), but the system does keep innovation going. Bit-instant for example is a company that helps consumers convert money into bitcoin and vice-versa. And such services are surely helpful in bringing more reach to the system. Bit-instant is apparently now planning to bring a debit-card on the market, in two months time, that marries the bitcoin and money world even more.

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