2 Results from 2016
Gerard Hergenroeder Retired IBMer and Banking Executive at Payments Shark
Dodd-Frank legislation created a heavy compliance burden for financial insititutions. Hundreds of billions of dollars have been spent on compliance and fines. Most banks' IT budgets today have a ton of compliance projects. Some banks are spending 35% to 50% of their IT budget on compliance alone. Aside from the IT spend for compliance the number o...
11 November 2016 /regulation
Top 10 Payments Predictions for 2016 -- What do think will happen in 2016? By Gerard Hergenroeder – Thoughts expressed wherein may not necessarily be endorsed by his employer. # 1 Wallet Wars -- Clarity around who will dominate the wallet market becomes cloudy. Some banks and retailers offer their own solutions. # 2 Banks reprice services -- In...
11 January 2016 /retail
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