Author Archives: Tom Groenfeldt

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About Tom Groenfeldt

I write - mostly about finance and technology, sometimes about art, occasionally about politics and the intersection of politics and economics. My work appears on Forbes.com and and occasionally in The American Banker and Banking Technology in London.

US Poised For Some Growth in 2016 Says S&P

More Americans are quitting their jobs, and that’s a good thing.  Standard & Poor’s thinks the  U.S. should be celebrating its JOLTS rate – this cleverly appropriate acronym from the Labor Department stands for Job Openings and Labor Turnover Survey. … Continue reading

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American Economy Is Doing Well — WSJ

A couple of weeks ago a Wall Street Journal columnist plaintively asked why the electorate was so angry and supporting people like Sanders and Trump when the economy was actually doing pretty well. Perhaps they had been reading the Journal’s … Continue reading

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What Would Brexit Do To Fin Regs?

Steve Grob, Fidessa’s director of group strategy, thinks the impact would be limited:   Interesting to read over the weekend that London’s mayor Boris Johnson has decided to throw his charismatic and not inconsiderable weight behind the “NO” campaign. Most … Continue reading

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Banks Pursuing Patents Ahead Of Fintechs

Interesting account in Businessweek about how banks are patenting their processes and educating the patent office on how banks work so they don’t get clobbered by fintech firms taking out patents on business processes that have been routine for decades. … Continue reading

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Insurers Tell Shareholders Fiduciary Rule Isn’t A Problem

From Nerd’s Eye View by Michael Kitces in his Weekend Reading for Financial Planners Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with a scathing letter submitted by Senator Warren to the … Continue reading

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Federal Reserve Stuck In Analysis Paralysis

Richard W. (Dick) Evans, who will retired as CEO of San Antonia-based Cullen/Frost Bankers Inc., spent nearly 16 years serving in some capacity in the Federal Reserve. “My concern is that the Fed is moving away from a model of … Continue reading

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IBM To Keynote at The Block Chain Conference Feb. 10

IBM will deliver the keynote presentation at The Block Chain Conference February 10that the Mission Bay Conference Center in San Francisco. The conference theme is “Doing Business with Block Chains, Distributed Ledgers and Smart Contracts” – with a unique  on block … Continue reading

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Former StanChart Exec Joins Zafin

Basker Rangachar has joined Zafin, a leader in relationship banking software for the financial services industry, as chief transformation officer and global head of advisory services. In this newly created role, Basker will lead two strategically important pillars in the growth … Continue reading

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Pendo Systems Goes From Award to Award in 2015

Pendo Systems (Pendo)  was widely recognized by industry leaders and publications including ACQ5 Global Awards which named it Capital Markets Technology Provider of the Year and SWIFT’s InnoTribe Showcase, which awarded Pendo the title of Top Innovator. “Capital Markets shifted … Continue reading

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JPMorgan Chase Uses Esri Mapping For Branch Plans, Resilience And Marketing

Although from reading about contemporary banking you might get the idea all the business is getting done from mobile phones, physical branches and ATMs are still key to most banking interactions, from transactions to advice to wealth management. So with … Continue reading

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