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The growth of branches
Whilst most banks are closing branches, JP Morgan Chase are opening new ones in the USA. Why? My LinkedIn friend Arcady Lapiro, CEO and founder of Agora, explains: Wondering where JPMorganChase Chairman and CEO Jamie Dimon will be jet-setting in the next couple of weeks? Here’s a hint: think “Small Town, USA.” Kicking off today,……
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The growth of branches
Whilst most banks are closing branches, JP Morgan Chase are opening new ones in the USA. Why? My LinkedIn friend Arcady Lapiro, CEO and founder of Agora, explains: Wondering where JPMorganChase Chairman and CEO Jamie Dimon will be jet-setting in the next couple of weeks? Here’s a hint: think “Small Town, USA.” Kicking off today,……
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U.S. Bank readies AI-driven cash forecasting tool
U.S. Bank is developing AI-driven solutions for its business clients, with its latest efforts targeting the launch of an AI-driven cash-forecasting tool. Major financial institutions like Bank of America, Citizens Bank and PNC Bank have already deployed cash-forecasting solutions. The $669 billion bank is working with cloud-based fintech Kyriba on the tool, which will help…
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Inside Cambridge Savings Bank’s 3-year digital roadmap
Cambridge Savings Bank is executing a three-year digital roadmap with automation, client experience and modern platforms at the forefront of the effort. “Our mandate is digitize everything right now as much as we can,” Chief Operating Officer Kevin McGuire told Bank Automation News. As the Cambridge, Mass.-based bank kicks off the plan, the mandate is…
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Digital is a journey, not a destination
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Things worth reading: 5th August 2024
Things we’re reading today include … The bank of Starbucks: Coffee retailer has $1.77 billion in unredeemed gift cards – MarketWatch Metro Bank returns from the brink but tough road lies ahead | Metro Bank | The Guardian How I got ‘hacked’ and what that says about the banking system (ft.com) InvestHK seeks to boost……
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Where are US stocks headed? Here are the key levels to watch
The rout in the US stock market has brought the S&P 500 Index to a crucial inflection point, and chart watchers are scouring key technical thresholds for clues on whether the worst of the selloff is over. The US equities benchmark is teetering on the cusp of a correction after falling 3% Monday, its biggest…
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The Finanser’s Week: 29th July – 4th August 2024
This week’s main blog discussions include … Multisensory payments: is this the future? I just spotted a new innovation in India from Paytm, who I consider friends of mine after interviewing their founder, Vijay Shekhar Sharma for Digital Human a few years ago. What’s the innovation? Talking payments. The Paytm soundbox – which works both online and……
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The problem with Japan
After years of travelling the world, I find it interesting how countries differ. For example, having moved to Poland a few years ago, Polish people are not good at being arrogant. They are pretty humble, tbh. This means they are not good at marketing and selling in general. Sure, there are exceptions, but I find……
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Things worth reading: 6th August 2024
Things we’re reading today include: Bitcoin price in free fall as crypto market crashes | The Independent Bitcoin price crash: Why is the crypto market collapsing? (msn.com) How the Bank of Japan has fuelled the market rout (cityam.com) Nationwide to open dementia clinics in bank branches (telegraph.co.uk) Lloyds Bank hires Amazon Web Services exec for……