by Brian Pillmore | May 11, 2023 | Brian's Blog
Now fintechs are buying chartered banks to cut costs…. What happened? When a fintech builds their app, the only thing they need to be focused on is building an incredible app and growing their customer base. Everything else is a distraction. Operating a chartered bank...
by Ken Chase | May 11, 2023 | Banks, News
The Federal Reserve released two separate reports this week that point to continuing financial risks for U.S. economic growth throughout 2023. The reports suggest that an acceleration of tightening lending standards and a contraction in credit could contribute to an...
by Brian Pillmore | May 10, 2023 | Brian's Blog
But there is 1 major exception…. Banks that serve the middle market commercial customers. These banks that serve these customers in the middle market are sophisticated—even beyond the level of banks that serve publicly traded companies. These banks handle a lot of...
by Brian Pillmore | May 9, 2023 | Banking Knowledge Base, Brian's Blog
An in-depth analysis of how First Republic Bank found itself in a position to lose $176B in assets in just 1 Quarter. PDF available for download in the Featured section on my profile in Linkedin. If we can help you in assessing the risks with your preferred banking...
by Brian Pillmore | May 8, 2023 | Brian's Blog
The possibilities are quite literally endless… An API for solopreneur plumbers that underwrites loans based on an algorithm analyzing their deposits and withdrawals and doesn’t need access to their tax returns. Another algorithm that can analyze high-risk payroll...
