JP Nicols

4 weeks ago | provoke.fm | JP Nicols

In This EpisodeThere’s something happening beneath the surface of every pizza order, every childcare payment, and every invoice sent by businesses across America. A quiet revolution that most people— sometimes even business owners themselves— have barely noticed. Traditional banks are being methodically extracted from the daily financial lives of businesses, replaced by something more streamlined, more embedded, as banking becomes just another node in a business operating system.

1 month ago | provoke.fm | JP Nicols

Banking executives, your business customers aren’t leaving you for another bank—they’re leaving banking altogether— at least partially. For now. As a part of our “Unbreak the Bank” series we dissect the most significant existential threat to community financial institutions since the 2008 crisis: the systematic extraction of business banking services into everyday business software.

Sep 23, 2024 | linkedin.com | JP Nicols

We often hear from banks that they consider themselves to be ‘fast followers’ in adopting new products and partnerships. The problem is that, too often, they’re only half right. You don’t have to be out on the bleeding edge, but being merely a ‘follower’ without being reasonably fast means you miss out on the growth part of the curve and the opportunity to create a competitive advantage.

Aug 13, 2024 | alloylabs.com | JP Nicols

Last quarter the theme of our annual member meeting was The Next Era of Banking, reflecting our considered view that much of the old playbook was not working as the industry finds itself at a critical inflection point. We continually monitor these shifts we collaborate with our ecosystem of community and mid-size banks, fintech partners, and portfolio companies to develop a comprehensive view of the challenges and opportunities that lie ahead.

Jul 17, 2024 | linkedin.com | JP Nicols

According to the Guinness Book of World Records, the most expensive bottle of water ever sold is the $60,000 Acqua di Cristallo Tributo a Modigliani. It was a one-off, packaged in a 24 karat gold-covered bottle that was sold at a charity auction to combat global warming. Maybe a nice 750ml bottle of Svalbarði water from Norway’s arctic glaciers for $117, or a liter of Ô Amazon Air Water from “the flying rivers of the Brazilian Amazonian rainforest," for $140 is more your style.