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Using The OODA Loop For Faster Bank Decision Making

South State Correspondent

As the pace of banking innovation speeds up, the OODA Loop, and its supporting concepts, can help a bank’s management team have a common framework to make decisions faster and more effectively. He is regarded as one of the best military strategists the world has known up there with Sun Tzu, Genghis Khan, and Napoleon.

Strategy 221
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How Lenders Can Prepare for The New SBA 7(a) Paycheck Protection Program

Abrigo

But important components are clear, SBA officials and leaders with the American Bankers Association said during an ABA webinar Thursday before President Trump signed the finalized bill on Friday. We need our lending institutions to help provide capital to these small businesses,” Briggs said.

Lending 221
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How Data And Payment Rail Choice Fuel Faster Supplier Cash Flow

PYMNTS

Even though the short same-day ACH settlement windows will reduce credit risk, financial institutions will likely want to continue putting businesses through a full ACH underwriting process,” wrote MineralTree CEO BC Krishna in an article in 2015 for American Banker on the potential impact of Same Day ACH on B2B payments.

Data 103
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Ficticious Interview: Senator Chis Dodd and Rep. Barney Frank

Jeff For Banks

Senator Chris Dodd (D-CT) and Representative Barney Frank (D-MA) were primary sponsors for the Dodd-Frank Wall Street Reform and Consumer Protection Act which was signed by President Obama on July 21, 2010. Here is how it played in my head: jeff-for-banks (jfb): What is your definition of a "financial crisis"? jfb: Huh???

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

On the eve of Yahoo’s acquisition of social networking platform Tumblr, then Yahoo CEO Marissa Mayer wrote a Tumblr post promising “not to screw it up.” Below, we look at some the worst mergers and acquisitions undertaken by large corporations, and how the good times went bad. The Sad State of Corporate Innovation. Microsoft and Nokia.

Google 76
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The 2015 GonzoBanker Awards

Gonzobanker

Sure, we bought some December options on west Texas crude at $100 a barrel, but it was only with a third of the 401(k)—plenty of time to make that up, right? It’s hard for any banker to avoid gulping at the sheer long-term performance of George Gleason II and his team at the Bank of the Ozarks. ” – Tom Armstrong. That’s two.

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First New Community Bank In Decades Headed To US Market

PYMNTS

In an interview with American Banker earlier this month, Trustar CEO Shaza Andersen said the institution could open its doors as early as this June, with plans to raise up to $50 million in initial capital, the publication said. Bloomberg listed Casey G. Mauldin as MOXY’s Chief Executive Officer, with William M.