by Brian Pillmore | Oct 19, 2023 | Brian's Blog
Picture this: Central banks in major economies have held interest rates at record lows for years. This move, aiming to fuel economic recovery, has squeezed the net interest margins of many financial institutions. A critical profit source for banks under pressure....
by Brian Pillmore | Oct 19, 2023 | Brian's Blog
Just recently, I came across an enlightening quote by Tim Berners-Lee, a leading authority in the world of data and analytics: ‘Data is a precious thing and will last longer than the systems themselves.’ Imagine that! The tools we use, the systems we rely...
by Brian Pillmore | Oct 19, 2023 | Brian's Blog
Drowning in a sea of illiquidity and insolvency, the banking sector is gasping for innovation. Rapid interest rate increases have triggered an avalanche of devalued, illiquid assets, pushing banks towards the precipice of insolvency. But what if there was a way to see...
by Brian Pillmore | Oct 14, 2023 | Brian's Blog
Traditional banking is under siege. Challenger brands like FinTech firms, payment service providers, and even big tech companies are crashing the party. They’re leveraging agile operations, modern technology, and sometimes, less stringent regulatory burdens to...
by Brian Pillmore | Oct 13, 2023 | Brian's Blog
In today’s rapidly changing technological landscape, it’s crucial for banks to embrace innovation and reform. Sticking to old methods will only set you back in the race. As a founder of a startup in this space, I’ve had my fair share of challenges...