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Would love to talk to people who built fintech programs or neo-banks on top of a bank with an FIS core (in particular FIS IBS). Know anyone? Thanks
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The rise of money within vertical software will lead to interesting business models: - High margin financial services within low margin/free software - Low margin/free financial services within high margin software And everything in between.https://twitter.com/sarthakgh/status/1224027429515276288 …
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The Kano Model is a great way to understand how expectations evolve in competitive markets. Think about APY in bank & stored value accounts: - Past: delighter (type 1 feature) - 2019: performance feature (type 2) - 2023: probably a must-have (type 3) https://qr.ae/TWy4C4 pic.twitter.com/tznmzvfgoU
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Today I had a meeting at a 100+ year old community bank in a small town (<10k people). It's nice to remember that banks used to be as mundane an institution as the book shop or the restaurant next door. Just humans solving local problems. Not faceless, not "too big to fall".
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Itai Damti proslijedio/la je Tweet
1) My presentation @ our annual
@a16z Summit this year http://bit.ly/a16zFintech The "Amazon Web Services" era has arrived for financial services. Who benefits most? Consumers! -> more choice, better & more affordable products, regardless of geography or socioeconomic demographicPrikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
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This will happen fast: consolidation in banking will continue & tech companies will become more central in offering financial services. More platforms + less banks = bad news for companies selling tech to banks today. Startups included.
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Remember "F***ed by the Cloud"? https://informationstrategyrsm.wordpress.com/2015/10/14/fcked-by-the-cloud/ … Can't help but apply this to core banking providers (FIS, Fiserv). Banking infrastructure is being platformized & centralized- makes economic sense. Most banks (like most data centers) will disappear or migrate into them.
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Yeah. Inflation can be a trigger that pushes us there, once it arrives
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Does anyone I know have contacts at
@RevolutApp? A good friend (European, HK based) had his account frozen 2+ weeks ago with ~$120k in it. He contacted them repeatedly but they won't tell him what's the status, only refer him to internal "specialists" who don't respondHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
@mengxilu@somdoron@NinjaRabbi you'd appreciate it.Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Best thing on Twitter right nowhttps://twitter.com/TrumpDBA/status/1215477416258363393 …
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Call me a bitter Jew, but this seasonal song deserves more love. Merry Christmas!https://www.youtube.com/watch?v=HZWQcl1C-c8 …
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@prajitn just sent me down the QR
hole. I learned that it was invented by a Japanese auto part maker in 1994, allows encoding in Kanji (!) and offers several error correction levels. I will take a moment to appreciate every QR I encounter from now on. https://www.thonky.com/qr-code-tutorial/introduction …https://twitter.com/prajitn/status/1208767155971317760 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Stoked to see Kenzie Academy taking off.
@chokooi and team are brilliant, hard working and mission driven. No one is more qualified to pull this off.https://twitter.com/chokooi/status/1192969893274144768 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
LOVE it when audiobooks are narrated by the authors. Recent good experiences: The Selfish Gene (Dawkins) and Thinking in Bets (Annie Duke- thanks
@a16z podcast for helping me discover it)Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
When you finish a PhD in computer science, they take you to a special room and explain that you must never use recursion in real life. Its only purpose is to make programming hard for undergrads.https://twitter.com/YuvalAriav/status/1177608421291515905 …
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Itai Damti proslijedio/la je Tweet
This is going to blow your mind, but depositories like the DTCC have been digitizing securities for decades now.https://twitter.com/APompliano/status/1174137784652709888 …
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Just came across this- beautifully written. Published ~2 years ago and still valuable for anyone trying to make sense of markets now and in the future. Thanks
@EpsilonTheoryhttps://www.epsilontheory.com/three-body-problem/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Itai Damti proslijedio/la je Tweet
This is super cynical, but when I see a news story I immediately look for the metadata: Who manipulated the journalist to write this? Business story: the company or its enemies? Environment: which NGO? Labor: which Union? Politics: don't even get me started
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