Track industry talk and discussion via headline feeds from industry blogs selected by American Banker editors.
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Today's Featured Post: BankervisionMonday, June 2, 2008 Innovation Not "Cool Enough" in BanksA post entitled "The problem with banking innovation and how to fix it", remarks: "smart innovative employees go to companies that have an innovative management environment and culture..." Earlier, the piece cites another post stating that banks have difficulty hiring innovative employees because of "their lack of coolness". Both of these remarks are, I think, somewhat short of the mark. Suggesting that all the good innovators won't work for banks misses the key point. Which is that there aren't that many good innovators to start with. |
GonzoBanker BankervisionThursday, May 29, 2008 Innovation and the Future-Proof BankThe "project" I've alluded to on this blog a few times recently is a book I'm working on called "Innovation and the Future Proof Bank." As you've probably gathered from the title, it is supposed to help bankers create innovation teams and use them to safeguard their future in the face of the furious change our industry is presently experiencing. Tuesday, May 27, 2008 P-to-P Lending Through the Lens of Disruption I've begin to ask myself whether peer to peer lending is, in fact, a disruptive or incremental innovation. I can already imagine everyone out there reading this incredulously: of course peer to peer lending is disruptive! The BankwatchSunday, June 1, 2008 Housing Bailout Bill Creates National Fingerprint RegistryThe feds' new fingerprint database would function like this: Any “loan originator” must furnish "fingerprints for submission to the Federal Bureau of Investigation" and a wealth of other unnamed government agencies. Mobile BankingSunday, June 1, 2008 Mobile Banking UpdatesCorporate Mobile Banking: Separating Hype from Reality; Provident Adds Mobile Banking; H&R Block Adds Mobile Phone Banking to Emerald Card Platform; First Fidelity Bank Offers Balances by Cell Phone Credit SlipsTuesday, June 3, 2008 Justifying Debt Forgiveness: Information Asymmetry and Risk AllocationThe most interesting thing about this topic is that it implicitly challenges what many of us take as a given. Is it necessary to forgive debts for people cannot pay them? On what basis? Many readers of this blog cannot imagine a world without a bankruptcy discharge, but numerous others in our society (and other societies) completely disagree. | Netbanker Thursday, May 29, 2008Snack-Sized Innovation: Safe Deposit Box Content Archives ... While the beneficiary notification is an idea deserving of a second look, I was more intrigued with another of its features, safe deposit documentation and notification service. Javelin Strategy & ResearchMonday, June 2, 2008 New Green Banking Study: Most Still Clinging to Paper StatementsAlthough most consumers expressed an interest in adopting green banking behaviors, three out of four consumers still receive paper statements. ... If every U.S. household stopped receiving paper bills and statements, 687,000 tons of paper would be saved every year — enough to circle the Earth 239 times. Monday, June 2, 2008 Mobile Banking: An Interesting, Classic Early Stage Market Mobile banking remains in it’s infancy in the US, even though it’s growing fast. Out of over 100 top US banks credit unions we profiled, just over twenty had rolled mobile banking out, as we found in our latest 50 page research report "2008 US Mobile Banking Benchmark Study…What Banks Are Offering Now”. Digital Money ForumTuesday, June 3, 2008 A Regulatory Cloud's Silver LiningA look at the legislative fallout from the current rash of bank debacles in Britain, and the government's plans for something called the "The Financial Stability and Deposit Protection Bill." Experience MattersTuesday, June 3, 2008 Authenticity Is (Unfortunately) a Novel IdeaI don’t think that anyone would promote being fake as a good strategy. Yet, many firms end up trying to convince customers that they’re something that they just aren’t. |
