Post Tagged with: "banks"

Banks Should Follow Silicon Valley and Split Up Their Services

Banks Should Follow Silicon Valley and Split Up Their Services

by August 7, 2014 at 11:38 am 3 comments

This week, Facebook notified users that its chat services would be leaving the main Facebook app for iOS and Android, and users would be forced to download Messenger, a separate app developed by Facebook solely for its messaging and chat services.  All of this is a part of Facebook’s newRead More

Does Bitcoin Have a Place in Banking?

Does Bitcoin Have a Place in Banking?

by July 31, 2014 at 2:19 pm 3 comments

How do bankers really feel about bitcoin? It seems financial institutions are viewing the world’s most famous cryptocurrency as a potential threat, and a potential opportunity.

Race to the Bottom

Race to the Bottom

by May 5, 2014 at 2:12 pm 0 comments

I’d like to think that the vast majority of the investments we make are in companies whose products and services are not commodities, and not subject to the brutal forces of commoditization. In those cases, we are looking at markets where companies can win based on product differentiation, or where what they are doing is […]

Redefining FinTech

Redefining FinTech

by December 17, 2013 at 11:54 am 0 comments

I’ve spent the better part of my career investing in technology companies involved in financial services.  Given that, it’s a bit surprising how much I hate the term FinTech. Historically, FinTech has defined the technology vendor community selling into banks and broker/dealers.  Until 2008, this was a reasonably good business.  Since then, there has been […]

changeSourcing helps improve innovation and service quality

by August 7, 2013 at 8:45 am 0 comments

By Mark Reeves, Partner Innovation and service quality are critical for banks to succeed. Business and technology change initiatives play a key role in creating innovative, high-quality new products and services that can help banks meet consumer demands, comply with regulations, replace legacy systems and develop new businesses. However, most banks’Read More

Tokenization and the collapse of the four-party payment model

Tokenization and the collapse of the four-party payment model

by February 18, 2013 at 10:22 pm 0 comments

[This post originally appeared on forbes.com here:  http://www.forbes.com/sites/bruceupbin/2013/02/15/tokenization-and-the-collapse-of-the-credit-card-payment-model/] It’s been a fascinating couple of weeks in the token world.  We have Monopoly’s decision to replace the iron with a cat, based on a poll launched on their Facebook page.  Feels like selection bias to me; is anyone surprised that the population of people who are […]

Square Puck

Square Puck

by November 24, 2012 at 12:21 pm 0 comments

Square Puck:  sounds dangerous, right?  I think it is. There’s a famous/trite expression, commonly cited in the venture business, about how you want to skate to where the puck is going, not to where it is right now.  As I watch the payments industry grapple to deal with the phenomenon of Square’s micro-merchant processing business, […]

Banks Go Old School After Sandy

Banks Go Old School After Sandy

by November 5, 2012 at 12:33 pm 1 comment

Forget mobile banking — just give us the cash! That’s been the sentiment of residents in storm-battered northeastern states in the wake of tropical storm Sandy. Many residents in states such as New York and New Jersey faced (and may still face) days without power and a shortage of importantRead More

Banks can do for Daily Deals what Amazon did for e-Commerce

Banks can do for Daily Deals what Amazon did for e-Commerce

by November 1, 2012 at 12:27 pm 0 comments

The popularity of Daily Deals sites has exploded in recent years with a plethora of providers vying for the attention of an increasingly price-sensitive consumer base. However, while Daily Deals are a highly effective means of increasing awareness and driving consumers to a particular retailer, the current offerings lack theRead More

In Defense of Banks and Bankers

In Defense of Banks and Bankers

by June 3, 2012 at 9:06 pm 0 comments

              It’s a hard time to be a banker. I’ve had this post in my draft folder for a long time, held back from finishing and posting it by the concern that, at least until now, it didn’t seem all that hard to be Jamie Dimon (America’s Banker ™), […]