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Last week I gave my talk on Agile Banking at Reboot 11. This week I have taken my talk and turned it into a series of blog articles that I will post here once a day. Simplify We should create simple limited banks or funds. These should only be allowed to do one thing. A fund has accounts signifying value. Value could …
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Last week I gave my talk on Agile Banking at Reboot 11. This week I have taken my talk and turned it into a series of blog articles that I will post here once a day. Douglas Jackson was an oncologist from Melbourne, Florida. He was an idealist and thought the world would be a better place with a strong private …
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Last week I gave my talk on Agile Banking at Reboot 11 This week I have taken my talk and turned it into a series of blog articles that I will post here once a day. In the beginning was the bench. The word Bank comes from the Italian word for bench “Banca”. Rather than a modern bench these were more like the above …
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Last week I gave my talk on Agile Banking at Reboot 11. This week I have taken my talk and turned it into a series of blog articles that I will post here once a day. The world is in serious trouble. Recession is hitting most parts of the world. While many people debate the exact reasons for it, most agree that the …
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I gave my talk earlier today at Reboot 11 about refactoring the banking system. The slides are on SlideShare: Agile Banking Anyway I’m interested in any comments. Read my 5 part blog series based on this presenation here
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As many of you know I have long been interested in and working with payment systems. I have never been too much of a fan of most micropayment systems, so when Contenture (the links to them are affiliate links) launched yesterday I was pretty sceptical. Reading their documentation changed my mind a bit and I have now …
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A couple of months back I wrote this article What Lawyers could Learn from Programmers. It was meant to be provocative and I had hoped for better responses from the law community itself. Well now George Grellas wrote a huge fantastic comment to the original post outlining the issues as seen from the eyes of a lawyer. …
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Just came across this great article by Daniel Tenner on How to get a Merchant Account. Considering how many businesses there are out there, one would think this process might be smooth and painless by now. Just apply for a merchant account, sign on the dotted line, and receive your merchant id in the mail a couple of …
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Over on the Extra Eagle Blog our company blog, we are trying to create a new simpler and shorter Consulting Agreement. If you’re a consultant, work freelance or even if you hire freelancers why not check it out. We’re looking for your input on creating the perfect general purpose consulting agreement.
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Due to the SEC’s closing of Prosper I do think that it is time to address the SEC rules, which were created by FDR during the New Deal. It was a very different world then. Not that I think they did a lot of good at that time either. We need the ability to innovate, even in the world of securities and investments. We …
