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...
by Brian Pillmore | May 5, 2023 | Brian's Blog
Don’t be so stubborn you become one of them… Core banking alone is rarely enough to support a bank anymore, And plenty have already failed because of it. You need a value-added service. It could be quick and easy auto loans,Or it could be as simple as a better app....
by Brian Pillmore | May 4, 2023 | Brian's Blog
But you better understand the risks of using it… Based on the name “open banking” you might think this would expose you to more hackers, but that’s not the case at all. Your website and other infrastructure is just as exposed to hacks as it always has been. It’s not...
by Brian Pillmore | Apr 27, 2023 | Brian's Blog
It’s part of what sunk SVB. When you take a large loan from the bank, They expect you to do more business with them. For some banks it’s: We gave you a $1M loan for a building,Now we expect you to lease cars through us too. For SVB it meant: We just gave you a $5M...
