financial services

How to Innovate in Regulated Industries – Steve Faktor on The Innovation Leader Podcast

On the Innovation Leader podcast, hear my experiences and tips for overcoming obstacles innovating in regulated industries, like financial services and healthcare. Episode 5: Innovators vs. the Rulebook. Who Wins? While innovation can be difficult at any company, highly regulated industries with a thick rule book — both internally and from the government — face […]

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Lazy Parasites Rule

A digital vampire threw American Express a Curve, here’s what they did & how you should handle parasitic middlemen.

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Do The Poor Need Bank Accounts…Or Something Else?

According to The World Economic Forum, 1.7 billion adults don’t have access to bank accounts. Since starting at MasterCard in 2001 and throughout my time at Citi and American Express, I’ve seen “the unbanked” on almost as many slides as “data”. Both, were supposedly huge, untapped opportunities. (And at ruthlessly pragmatic financial firms, they shared the

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Old IdeaFaktory Podcast #2: Brawling over The Great App Shakeout

This week’s episode of Ideafaktory Radio is the first of a three part series with Forbes contributor and Social Enterprise guru Mark Fidelman. This wasn’t even meant to be recorded! Mark deviously taped our private conversation on his iPhone and captured the two of us brawling over the future of apps, among other issues that

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What would Tony Soprano do about AIG?

Another day, another disappointment for the hapless Obama administration. Today it’s AIG bonuses. Already, our eager beaver President has taken on stimulus, healthcare, bailouts, education, war, the return of blue M&M;’s. You name it, everything’s a priority. Unfortunately, he’s done it all with the soft-touch of a trusting, gentle Democrat. I started wondering, OK fantasizing,

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How to Innovate in Regulated Industries – Steve Faktor on The Innovation Leader Podcast

Lazy Parasites Rule

Do The Poor Need Bank Accounts…Or Something Else?

What would Tony Soprano do about AIG?

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