by Brian Pillmore | Mar 18, 2023 | Brian's Blog
Let’s not shift the blame – assign blame exactly where it belongs. The decisions that led to this point – based on financial analysis, appear to have started in 2019. The leadership of the bank, met with ~$20B per quarter of deposit inflows, decided...
by Brian Pillmore | Mar 17, 2023 | Brian's Blog
It’s consistent singles and a focus on the fundamentals. In baseball it’s ✅ Bunting✅ Base hits✅Moving runners✅Throwing strikes In banking it’s ✅ Making loans✅ Taking deposits✅ Customer service✅ Providing treasury services✅ Knowing your balance sheet Banking is built...
by Brian Pillmore | Mar 15, 2023 | Brian's Blog
The month-long adventures I get to go on with my family every year. ✅ 3 years ago it was Mexico✅ 2 years ago it was Colombia✅ Last year it was Turkey This year it’s Utah and all of us are getting pretty darn good at skiing if I do say so myself. I was telling a friend...
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...
