Jeff For Banks

FEBRUARY 2, 2013

'Why did Willie Sutton, famous bank robber from the 1920''s to 1950''s, rob banks? "Because that''s where the money is." Sutton, by the way, denied the quote. But we can''t deny it''s true. Financial institutions remain the place to go for money. So why do FIs opt for the sideline in participating more fully in innovation? I recently wrote on these pages that FIs should develop Shark Tank like processes to get early stage equity capital into the hands of nearby entrepreneurs to fuel growth in lo

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Innovation Marketing Capital California 97

Javelin Strategy & Research

FEBRUARY 6, 2013

MasterCard Advisors today announced that it has taken an ownership stake in the data analytics and decisioning firm, Mu Sigma. Known for large scale, high volume -or big data – analysis, Mu Sigma is one of the emerging breed of decision support service providers combining the disciplines of applied mathematics, business knowledge and data processing technologies to develop insights for its clients.

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Data Big Data Analytics Analysis 40

Javelin Strategy & Research

FEBRUARY 3, 2013

The Federal Trade Commission’s $800,000 settlement with social network Path last Friday offered more evidence that federal and state regulators will be active participants in defining better ways to protect consumer privacy in an era of interactive finance. In this case, the FTC trained a light on the vexing question of design and how companies should disclose honestly, efficiently, and effectively how they will use a customers’ personal information -- without making customers overly anxious.

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Training Regulation Company 40

Jeff For Banks

FEBRUARY 8, 2013

'Welcome to Banking Billboard Strategies v1. I tend to envision strategy flashing on marquee billboards. Here is how I see the end result of a multiple day big bank retreat conducted in a Kiawah Island resort conference room, prior to a round of golf, massage, cocktail hour with Talisker 8-year-old single malt scotch, and topped off with a Maine lobster dinner, no truffles because of the poor economy.

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Strategy Conference Maine Groups 67

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