dkimerling
Re:Starting your own bank is laborious but profitable (2009)
on Monday August 13, 2018 @09:17PM (#17754921)
The lack of the ability to take deposits kills the FinTech Charter DOA
Re:Starting your own bank is laborious but profitable (2009)
on Monday August 13, 2018 @09:16PM (#17754918)
He's real
Re:SketchDeck Raises Half a Million for Its On-Demand Design Service
on Wednesday February 04, 2015 @04:28PM (#8999976)
I have used sketch desk several times and I find the service indispensable. The team, product, and experience are all world class.
Re:The Path Not Taken by Simple to Remake Finance
on Thursday February 20, 2014 @02:55PM (#7273135)
I strongly disagree. Simple did not try to build a bank.
Re:Ultimately, Banks are ‘Big Data’ and Technology Companies
on Friday October 04, 2013 @02:06PM (#6496919)
I beg to differ. In a world of fraction-reserve banking, banks are in the business of capital aggregation and debt issuance - in order to generate all important "spread". But, that world - the world for the past ~700 years - is disappearing.
We live in a world with collapsing credit spreads and Basel III will tighten them even further. In the US, Dodd-Frank's prohibition on lots of fee based income (which was a huge profit center for banks) and the disappearance of debit inter-change due to Durbin makes banks very concerned about the future of their business.
Banks are increasingly turning to transactional systems to make money.
Re:Plancast Is Foursquare... For The Future
on Tuesday December 01, 2009 @01:52AM (#969366)
definitely. Once they get gcal integration going, that will just take it to the next step.