Community Banks are shrinking in number at an astounding rate. What innovation is needed for community banks to be able to compete with the BIG banks? Is it even possible? (8mins)
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Understanding what capabilities any company has for Innovation is one of the most critical questions you need to answer before embarking on an innovation journey. But how do you do that? (8mins) How did we get to this place of Rube Goldberg-esque design? Isn't there an organization in every company ensuring coherence and consistency? Yes, it's called Enterprise Architecture. Watch the video below and let's discuss. (9 Mins) Why can Google, FaceBook, and Apple consistently drive innovation, yet successful Financial Institutions struggle so mightily with it? The answer is Complexity. Watch the video below and let's discuss. (8 Mins) This is Part 3 of 3 on the innovation needed today in CyberSecurity. Will Artificial Intelligence or Machine Learning come to rescue for CyberSecurity? Are we even close to that state yet? Watch the video below and let's discuss. (9 Mins) Today Financial Institutions spend 10's of millions if not 100's of millions of dollars on Cybersecurity. Are we really protected from the most devastating attacks or are we making ourselves more vulnerable to potentially fatal events? Watch the short video below and lets discuss it. (9mins) Episode 8 | CyberSecurity: a State of the Union. So where do we stand with CyberSecurity today? Are we making progress or are the miscreants getting the better of our systems? This is Part 1 of 3 on the innovation needed today in CyberSecurity. Today, we describe the current state of CyberSecurity and its effect on Financial Institutions. Watch the video below and let's discuss. (8 Mins) This is Part 4 of 4 on BitCoin and the BlockChain. Today, we discuss the future of BitCoin itself. While it is clear that the BlockChain itself has significant potential, the question remains on BitCoin as a virtual currency. Will it survive? Will it Grow? Can it overcome its limitations? Should banks be directly involved in trading BitCoin? Watch the video below and let's discuss. (Time: 7 Mins) BlockChain is the most significant innovation in the last 20 years that will affect all Financial Institutions. In this video we will discuss exactly how that disruption will come about and why banks can either embrace these changes and prosper in this new world or ignore them at their own risk. The video includes specific next steps all institutions regardless of size or business model should be undertaking to deal with this coming disruption. BlockChain might be the most significant innovation over the last 20 years in the Financial Industry. However, understanding what it is and how it differs from existing transaction systems is often quite confusing. Add in the concept of BitCoin, and many folks get lost in the myriad of details and concepts. Today, I am having a little fun and using a Reddit concept called Explain It Like I Am 5. This was by far the most difficult post to produce, as simplifying BlockChain is no easy task! BTW, if you have further questions, feel free to post them in the comments and I will respond. |
Jim KittridgeInnovator. Technologist. Banker. Author. Speaker. Archives
June 2016
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