TOPIC – Blockchain for Small Banks and the Cannabis Industry:
“Advice from Steve Wasserman, CEO of Vments.”
A Hard Truth Small Banks Need to Hear (About Blockchain)
Over 500 U.S. banks have failed in the past 10 years and experts are predicting more closings for small banks. This time the protagonist won’t be an aggressive bank or a troubled economy. It will be millennial customers with iphones who want better digital services.
Two-time Inc. 500 co-founder Steve Wasserman said he’s got the solution small banks need. “I decided to create a platform like Paypal that would level the playing field for small banks and alternative financial services.” In this article he explains how small banks can avoid failure by capturing the business of one of the fastest growing and most profitable industries on the planet. Read article.
What keeps Community Bank CEOs awake at night?
The results of this American Bankers Association research study whows what’s worrying community bank CEOs
How Chase And BoA Are Trying To Win Back Millennials
The generation that saw banks foreclose homes and go under in the Great Recession isn’t ready to return to big banks. This video explains why.
“It is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able to adapt to and to adjust best to the changing environment in which it finds itself.”
– Charles Darwin
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To Your Success
Sincerely, Derek Little