Comments on: The Burst - Regulations Got You Down? (Ep. 13) http://blog.banktastic.com/2008/04/25/the-burst-regulations-got-you-down-ep-13/ We're just getting started Tue, 06 Jan 2009 07:46:39 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Brad http://blog.banktastic.com/2008/04/25/the-burst-regulations-got-you-down-ep-13/comment-page-1/#comment-318 Brad Tue, 29 Apr 2008 23:23:31 +0000 http://blog.banktastic.com/?p=38#comment-318 @Marc - Sorry man, made the decision to not record it. But, I did another presentation a few months ago about the same topics, check out our blog post on my company site for details. <a href="http://www.thegarlandgroup.net/2007/12/2/techmecca-2007-day-2" rel="nofollow">Link to it here</a>. @Marc - Sorry man, made the decision to not record it. But, I did another presentation a few months ago about the same topics, check out our blog post on my company site for details.

Link to it here.

]]> By: Marc Sanders http://blog.banktastic.com/2008/04/25/the-burst-regulations-got-you-down-ep-13/comment-page-1/#comment-307 Marc Sanders Tue, 29 Apr 2008 14:56:55 +0000 http://blog.banktastic.com/?p=38#comment-307 Brad, any chance you can post video of your keynote? Brad, any chance you can post video of your keynote?

]]> By: Brad Garland http://blog.banktastic.com/2008/04/25/the-burst-regulations-got-you-down-ep-13/comment-page-1/#comment-292 Brad Garland Fri, 25 Apr 2008 18:40:27 +0000 http://blog.banktastic.com/?p=38#comment-292 Awesome to see such passion and I'm joining you in this process. I want to help FIs in these innovative processes they want to impart on and will offer my expertise and service in the regulatory/security fields to enable them to do it. Yes, good suggestions yall, what else/who else is with us? Awesome to see such passion and I’m joining you in this process. I want to help FIs in these innovative processes they want to impart on and will offer my expertise and service in the regulatory/security fields to enable them to do it.

Yes, good suggestions yall, what else/who else is with us?

]]> By: Josh Cooper http://blog.banktastic.com/2008/04/25/the-burst-regulations-got-you-down-ep-13/comment-page-1/#comment-291 Josh Cooper Fri, 25 Apr 2008 16:02:17 +0000 http://blog.banktastic.com/?p=38#comment-291 I agree with Andy, banks are scared. As a small community bank we often think "well what is the value to our small bank to do that" or "well we've always done it this way". I think we have to get on the innovative bandwagon or we are just not going to growth. Online growth is cheap compared to building a new branch. Regulatory issues are always there, but they can be managed. I've got a lot of ideas in my head and I'm just going to plow at them, speaking from IS/IT I am an enabler of the technology, I don't want to be the no guy, I want to be the yes guy. I don't want to have to go to another banks service because my bank doesn't do it (smartypig is one i setup this week). I'm going to try to make a difference and stop setting here thinking, wow what xyz bank is doing is cool to bad we don't do that and instead saying hey look at what xyz is doing, we have to do that, lets get started! I'm excited about it, I'm excited about the possibilities out there for my bank, I'm willing to put in the work to make it compliant, I want it as a customer and I want it now, not in 3 years when everybody else is doing it. I want my bank to be a leader in community banks, even if we are small in the online world size doesn't matter! Ok enough with the !!!, just a little fired up about things today!(ok just one more) I agree with Andy, banks are scared. As a small community bank we often think “well what is the value to our small bank to do that” or “well we’ve always done it this way”. I think we have to get on the innovative bandwagon or we are just not going to growth. Online growth is cheap compared to building a new branch. Regulatory issues are always there, but they can be managed. I’ve got a lot of ideas in my head and I’m just going to plow at them, speaking from IS/IT I am an enabler of the technology, I don’t want to be the no guy, I want to be the yes guy. I don’t want to have to go to another banks service because my bank doesn’t do it (smartypig is one i setup this week). I’m going to try to make a difference and stop setting here thinking, wow what xyz bank is doing is cool to bad we don’t do that and instead saying hey look at what xyz is doing, we have to do that, lets get started! I’m excited about it, I’m excited about the possibilities out there for my bank, I’m willing to put in the work to make it compliant, I want it as a customer and I want it now, not in 3 years when everybody else is doing it. I want my bank to be a leader in community banks, even if we are small in the online world size doesn’t matter! Ok enough with the !!!, just a little fired up about things today!(ok just one more)

]]> By: Andy LaFlamme http://blog.banktastic.com/2008/04/25/the-burst-regulations-got-you-down-ep-13/comment-page-1/#comment-290 Andy LaFlamme Fri, 25 Apr 2008 14:23:39 +0000 http://blog.banktastic.com/?p=38#comment-290 So true brad, everybody is so scared of the backlash they might receive from regulators as well as customers/members that they avoid doing anything outside the box. It takes some work to do things differently and still be in compliance with regulations, but it can be done and in my opinion is totally worth the effort if done right. So true brad, everybody is so scared of the backlash they might receive from regulators as well as customers/members that they avoid doing anything outside the box. It takes some work to do things differently and still be in compliance with regulations, but it can be done and in my opinion is totally worth the effort if done right.

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