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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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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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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