I'd love to know if they figure out new ways to lend or save money. I
guess different vehicles may qualify (CD's, Money Market's, etc.) but
loans are generally mortgages, personal, cars (which is a form of
personal anyway) and commercial. I thought they figured out every way
possible to give er...loan people money.
From what I see, it's all their substance. Make it easier, take deposits
remotely, etc. which most every bank seems to have now.
Got me. But I'd love to know. I mean, even Zelle and Venmo are just
different payment mechanisms.
Doug Fuerst
------ Original Message ------
From: "Bob Bridges" <robhbrid...@gmail.com>
To: IBM-MAIN@listserv.ua.edu
Sent: 07-Apr-23 11:06:05
Subject: Re: Stop the ragging on COBOL please [was: RE: ASM call by
value]
Thanks. By "modern financial technology" do you suppose they're talking about things like on-line
banking apps? Because pretty much everyone does that nowadays - so, as you said, "just banks". On
the other hand maybe "financial technology" means trying out new practices in borrowing and
lending, in which case I'm a lot less sanguine. I'll let them experiment with someone else's money at first.
---
Bob Bridges, robhbrid...@gmail.com, cell 336 382-7313
/* ...if you move, you'll end up like us: surrounded by hundreds of cardboard boxes
packed by strangers ... Virtually every box will be labeled with some mutant spelling of
the word "miscellaneous." You will not be able to find ANYTHING. For example,
I'm pretty sure that, before we moved, we had a seven-month-old daughter. -Dave Barry,
Miami Herald 2000-11-05 */
-----Original Message-----
From: IBM Mainframe Discussion List <IBM-MAIN@LISTSERV.UA.EDU> On Behalf Of Doug
Sent: Friday, April 7, 2023 10:38
Off the net:
So-called challenger banks are in most cases small modern retail banks which
challenge longer-established institutes by offering modern financial technology
and are more focused on the customer. This way they want to “challenge” the old
banks. Challenger banks are also called neo banks.
So, just banks....
------ Original Message ------
From: "Bob Bridges" <robhbrid...@gmail.com>
Sent: 07-Apr-23 10:35:41
I've following this thread mostly because I'm bored and it has mild entertainment value,
but I'm handicapped by not knowing what a "challenger bank" is. Can someone
define it?
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