News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
Brian's BlogI just hired a specific software expert at low cost within 12 hours of beginning my search.
Here’s how.Step 1: Define what’s needed.An expert in a PR software that is brand new to me. Someone who can run it independently.
bankingbanksglobal talent5/2/2023Read →
BanksFailed Bank First Republic Sold to JPMorgan Chase
The FDIC brokered a deal for JPMorgan Chase to purchase First Republic Bank Monday, after regulators seized the failed bank.
5/2/2023Read →
BanksRegulators Confirm Monitoring of AI Use in Financial Sector
Regulators warn that they are policing AI use in the financial sector for signs of increased discrimination and other civil rights abuse.
5/2/2023Read →
BanksReport: Regulatory Staff Shortages Played Role in Bank Failures
FDIC and Fed reports on bank collapse point to ongoing regulatory staff shortages as factors that contributed to the crisis.
5/2/2023Read →
BanksFirst Republic Shares Plunge After Earnings Report
First Republic Bank shares declined dramatically after the company confirmed that its deposits plunged by 40% in the first quarter of 2023.
4/28/2023Read →
Brian's BlogBanks have a funny way of expecting more from their borrowers than they should….
It’s part of what sunk SVB. When you take a large loan from the bank,They expect you to do more business with them. For some banks it’s: We gave you a $1M loan for a building, Now we expect you to lease cars through us too.
bankingbanksloan4/28/2023Read →
Brian's BlogI did an entire month of work without getting paid.
Our CEO Brian Pillmore told his story of how he worked an entire month doing competitor research and commercial strategy for a bank. But they didn't pay him after a month of work. However, that situation motivated him to create Visbanking.
bankingbanksus banks4/24/2023Read →
Brian's BlogI got over 50 Colombian data scientists to come drink beer at a bar with me.
Brian got over 50 Colombian data scientists to come drink beer at a bar with him. They drank, laughed, talked business, and by the end of the night, He had 2 new employees. If he didn’t act quickly, “Too much business” could have become a genuine problem. But good things happen when you take action quickly.
bank of americabankingbanks4/22/2023Read →
BanksThe Financial Industry’s Emerging Embrace of Open Source Banking
As the banking industry turns to open source banking, bank information service provider Visbanking releases new fdicdata open source package.
APIsBrian Pillmorefdicdata4/22/2023Read →
Brian's BlogVCs might give you money before you’re profitable
Banks will give you a loan if you are profitable, HAVE BEEN consistently profitable, WILL BE profitable in the future and you are SUBSTANTIALLY profitable.
4/17/2023Read →
Brian's BlogMost bankers are so bad at problem-solving it’s funny.
When it comes time to solve problems in your bank, it’s usually best that you don’t think like a banker. Try to think outside the box.
bankingbankscreditcards4/17/2023Read →
NewsLatest Inflation Report Shows Price Pressures Continue to Plague Americans
According to the Labor Department's latest inflation report, the Consumer Price Index increased by 5% in march, year-on-year.
Federal Reservefinancial stressinflation report4/14/2023Read →