Degnan.Blog

I'm Michael Degnan. I'm an entrepreneur, strategist, athlete, sports fan and community builder. I help drive innovation at the intersection of financial services, customer experience and technology. All thoughts and comments are my own, unless where attributed otherwise. --- Copyright © 2017 Michael Degnan. All rights reserved. Cover photo: The Northeast Credit: https://twitter.com/Cmdr_Hadfield

[mdegnan]

Iceland's Gullfoss waterfall. #latergram #itscoldoutside (at Gullfoss)

[parkparadigm]

Slack is often a better indicator of potential success than grit. It’s the reason the impoverished single mother, gritty and hardworking though she might be, is likely to have a tougher time succeeding than a young man from an affluent family. Her relative lack of slack means she has less room for error; even if she is equally good at recovering from setbacks (the quintessence of grit), she will simply face both more arduous and more numerous setbacks, leading to a faster depletion of willpower.

[mdegnan]

A lapse now and then can benefit the pursuit of exce…

The future leading consumer finance businesses will be built on a deep understanding of human psychology and with innately empathetic products and services.

(via parkparadigm)

“Innately empathetic products and services.”

Yes. Be helpful and solve their problems.

[parkparadigm]

There is a significant opportunity to make financial wellness a real part of our lives — reversing the course of crippling financial stress while we rewrite our engagement with a flawed financial system designed to profit from our habits and dependence on debt.

https://medium.com/@scott_90717/debt-and-our-future-well-being-815aeeb46d65#.osyabf327

Payoff is uniquely reframing consumer financial services, putting their customers’ financial health at the core of their mission and value proposition.

(via parkparadigm)

[mdegnan]

Disrupting finance shouldn’t be that difficult. All it takes is a ruthless focus on solving customers problems rather than selling them a product.

https://medium.com/@davidgtonge/why-mondo-will-blow-atom-out-of-the-water-a1d39924c310#.aco19lke0

Solve problems!! Theirs, not yours.

[mdegnan]

How Fintech is forcing Banking to a Tipping Point

On repeated occasions, Jamie Dimon has noted that “Silicon Valley is good at getting rid of pain points. Banks are good at creating them.”

So very true.

[mdegnan]

We built our systems from scratch so we get real-time database visibility and we look at a substantial amount of data to help us make our decisions.

http://www.bbc.com/news/business-35880429

Digitalization is coming. Eventually.

[mdegnan]

For distributed ledger technology to achieve widespread use, compliance departments and regulators will demand independent monitoring capabilities to combat insider trading, fraud, and money laundering.

http://venturebeat.com/2016/03/21/elliptic-raises-5-million-for-blockchain-security-apps/

The blockchain ecosystem begins to emerge.

[mdegnan]

#florida sunsets on the lanai. Not a bad #thanksgivingweekend. #nofilter (at Naples, Florida)

[mdegnan]

Gorgeous day in #nyc #flatiron #madisonsquarepark. Time for a #illycoffee at @eatalynyc (at Madison Square Park)

[mdegnan]

The Sights and Sounds of Fall 2015 #nofilter #chatham #capecod #whatyouseewhenyoureoutofthecity (at North Chatham, Massachusetts)

[mdegnan]

Look what I found! #hiking #outofthewoods #mtwashington #brettonwoods #omnihotel #newhampshire #fall #vacation #nofilter #latergram (at Mt. Washington Hotel & Resort - Mt. Washington Golf Course)

[mdegnan]

Paid Time Off #september #chatham #capecod #offshore #boat #saltwater (at North Beach Island, Chatham, MA)

[mdegnan]

1 of 4 for #laborday (at North Beach Island, Chatham, MA)

[mdegnan]

#True (at Peabody Essex Museum)

[mdegnan]

When you live near #Berklee in #Boston, roving #streetgangs are a little different. (at Berklee College of Music - 160 Mass Ave)

[hackingfinance]

The digital economy will become the outcome economy – outcome as in the quantifiable output the company’s offerings help produce on the customer side.

http://www.180360720.no/?p=5022 (via hackingfinance)

"The difference now is that detailed, previously unattainable data on outcomes can be measured

[mdegnan]

#Moonrise at 32,000 feet. @jetblue #colorfield #sunset #twilight (at Somewhere over North Carolina)