by Brian Pillmore | Mar 14, 2023 | Brian's Blog
Considering where I am today – Surprisingly little! No-code tech, Containerization, and Serverless Technologies have completely changed the requirements for building tech. If you can think it,You can build it. When I started Visbanking, I didn’t lock myself in a...
by Brian Pillmore | Mar 13, 2023 | Brian's Blog
It’s surprisingly backwards… It has 3 core components – from the bank’s perspective: 1️⃣ Capital The bank’s own money.Either from investors, and/or previous profits kept on hand.The point is – The banks OWNS this money.BUT, the first dollar of loss that a...
by Brian Pillmore | Mar 13, 2023 | Brian's Blog
This picture was taken right after I became a partner in a whiskey and cigar business with these 2 great partners. One of them walks up to me and hands me a Glencairn glass of whiskey. “What’s this??” “THIS is a 1978 Glenmorangie Pride finished in a Bordeaux cask...
by Brian Pillmore | Mar 13, 2023 | Brian's Blog
I don’t see the shutdown of SVB by regulators or the self-liquidation of Silvergate as indicators of widespread contagion but there are some characteristics of troubled banks that we ought to be aware of: (1) Low loan-to-deposits (inefficient balance sheet...
by Brian Pillmore | Mar 10, 2023 | Brian's Blog
How can a BANK have a $14B tech budget?? (cough, cough, JP Morgan) The answer isn’t SIZE – It’s AGE. Most businesses get big because they’ve been around for a long time.(Except now, tech companies can get really big, really fast)But for our purposes, Big...
by Brian Pillmore | Mar 10, 2023 | Brian's Blog
Obviously they had to pay something for it,But in my mind, a billion raw data points isn’t all that valuable. In fact, you could find it all yourself – For FREE. What makes our data valuable is 2-fold: 1️⃣ We have a program to gather and sort it perpetually2️⃣...
