by Jim Salters Glenbrook’s Allen Weinberg and Jim Salters attended this week’s Payments 2008 conference in Las Vegas. Here’s Jim’s report about the expedited bill payment opportunity for banks.
I am live blogging from Finovate Startup in San Francisco. Jim Bruene and his team at NetBanker have gathered 40 startups, rebrandings, and company debuts in online banking and finance. Each participant has a brief 5 minutes to demo their product so I’ll be typing as fast as I can. (Please forgive typos!) AFTERNOON SESSION […]
I am live blogging from Finovate Startup in San Francisco. Jim Bruene and his team at NetBanker have gathered 40 startups, rebrandings, and company debuts in online banking and finance. Each participant has a brief 5 minutes to demo their product so I’ll be typing as fast as I can. (Please forgive typos!) MORNING SESSION […]
I am live blogging from Finovate Startup in San Francisco. Jim Bruene and his team at NetBanker have gathered 40 startups, rebrandings, and company debuts in online banking and finance. Each participant has a brief 5 minutes to demo their product so I’ll be typing as fast as I can. Morning Session Afternoon Session Best […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Distributed Capture Panel Discussion Wally Vogel, President, Creditron Mary Hockridge, Executive VP, NetDeposit Brandon […]
Last week I posted about how CFOs need to be more strategic and lead change, now I am following up with this tidbit from Frank Buytendijk's business intelligence blog on CIOs as change agents: It is the current best practice to define the role of the CIO as a change agent within the organisation. He/she […]
Wise counsel from Cisco's departing CFO Dennis Powell: The best finance teams should "think strategically, work cross-functionally, and actually embrace change," says Powell, who spent 11 years at the San Jose, California-based computer networking giant, 5 of them as CFO. To lead successfully, he adds, "CFOs need to really evaluate what role finance is playing […]
In anticipation of today's publication of the Oxford Handbook of Business History, Harvard Business School's Working Knowledge has an interview with the editor, Geoffrey Jones. Highlights from the interview: Why is this book important? Business historians over recent decades have generated rich empirical data on firms and business systems. They can in some cases confirm, […]
Each year Global Finance magazine ranks the best treasury/cash management banks by region and by service category. The March 2008 issue arrived on Friday (just in time to land on the top of my weekend reading pile) and here are the highlights: Bank Rankings CITI Best Overall Bank for Cash Management (Global Winner) Best Bank […]
The March issue of CFO magazine is focused on banking, or more pointedly, how companies are paying the price for the subprime crisis. There is an article on how poor risk management at banks contributed to the crisis, but more interesting was a thorough exploration of the impact on corporate lending: Credit Crunch As banks […]
Spread the word! I'm proud to be co-chair of the Financial Women's Association of San Francisco 2008 Scholarship. I never cease to be amazed by the women we interview – by their ambition, drive, compassion, and enthusiasm for finance. The deadline crept up on me, otherwise I would have posted this sooner. But if you […]
The conversion of B2B payments from paper to electronic is finally gaining momentum. Key industry players (MasterCard, American Express, JP Morgan Chase and others) are launching new products aimed squarely at the stubborn paper based B2B transaction volume. New uses of the ACH network and efforts to add remittance data to support wire transfers are […]
by Jacqueline Chilton mFoundry recently announced a new round of financing with a line-up of strategic investors including Motorola Ventures, PayPal, NCR, and a “leading wireless operator” – along with their existing investors. In their announcement, the company described its business as “a comprehensive and equitable solution for financial institutions, wireless operators and other mobile […]
One of the reasons I went to the AFP (Association for Finance Professionals) conference in Boston in October 2007 was to get updated on the progress of the migration of business to business (B2B) payments from checks to electronics. As a general statement, progress on this has been very slow. But recent acquisitions (Xign by […]
I recently attended a lecture by Carly Fiorina (in the magnificent Paramount Theater) on the topic of change. She made one point that I thought was particularly noteworthy (paraphrased): By the time you've got consensus that change is necessary it's too late – you've lost your opportunity to competitors. The biggest challenge in leading change […]