How I would handle the implementation of a major API as a bank leader, knowing it would significantly change the roles of many of my employees:

by Brian Pillmore | Jun 3, 2023 | Brian's Blog

1/ Get out in front of it. Word will spread quickly if something like this is on the horizon. Rumors will spread, and most of them won’t be accurate. Don’t let that happen. Get out in front and let all of your employees know well in advance that major changes are...

The commoditization of core banking functions is NOT causing layoffs.

by Brian Pillmore | Jun 3, 2023 | Brian's Blog

It’s simply giving time back to employees in order for them to do higher leverage work. With the vast improvements in AI and tech in general, there is growing risk of jobs being automated. And it makes sense to think that tellers and other bank employees would be...

Excessive COVID stimulus has led to a giant game of whack-a-mole.

by Brian Pillmore | May 31, 2023 | Brian's Blog

Except these moles have real-world consequences. All the economic chaos that has happened and continues to happen can be traced back to the triggering event of COVID stimulus. $5T poured into the money supply that started the whack-a-mole game. Oh, economic activity...

More banks will fail in the coming months.

by Brian Pillmore | May 26, 2023 | Brian's Blog

We may be through the worst of it,But we aren’t out of the weeds yet. To stay afloat, banks will have to manage liquidity well. When I consult with a bank struggling to manage liquidity, here’s how I get them to a safer place: 1. Examine the balance sheet and...

If there’s 1 piece of advice I could give to my 20 year-old self, it would be this:

by Brian Pillmore | May 24, 2023 | Brian's Blog

Start a business, and get into sales ASAP. I got into sales at 32.Became a startup founder at 40. I might have been a late bloomer, but now I know firsthand that late truly is better than never. Sales and entrepreneurship have been the greatest catalysts for my career...