Podcasts about bmo harris

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Best podcasts about bmo harris

Latest podcast episodes about bmo harris

Crain's Daily Gist
09/16/24: After downfall, Foxtrot rebuilds in its hometown

Crain's Daily Gist

Play Episode Listen Later Sep 13, 2024 23:43


Crain's restaurants and retail reporter Ally Marotti talks with host Amy Guth about Foxtrot's return to Chicago and Lettuce Entertain You's expansion to the suburbs.Plus: United bets on SpaceX for faster, free Wi-Fi; Big Four accounting firm PwC laying off 1,800 employees; appeals court tosses out $564M verdict against BMO Harris; and Wacker Drive landlord nears massive anchor tenant deal, inks Capital One extension.

Oral Arguments for the Court of Appeals for the Eighth Circuit
Douglas Kelley v. BMO Harris Bank N.A.

Oral Arguments for the Court of Appeals for the Eighth Circuit

Play Episode Listen Later May 9, 2024 38:21


Douglas Kelley v. BMO Harris Bank N.A.

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (07/22/23) – David Hochberg with Roy Spencer of Perma-Seal Basement Systems, Josh Hermann of BMO Harris Bank, and Frank Wasilewski of Access Elevator

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Jul 22, 2023


We started off this week's show by chatting with Founder and President of Perma-Seal Basement System’s Roy Spencer about sump pumps. Next, Josh Hermann who is a Private Wealth Advisor with BMO Harris Bank joins the show to talk about Home Equity and Business LOC rates. Then, Access Elevator's VP of Sales Frank Wasilewski joins […]

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (06/17/23) – David Hochberg with Cory Ambrose of BluSky Restoration Contractors, Josh Hermann of BMO Harris Bank, and Aimee Ferrarell of Access Elevator

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Jun 17, 2023


We started off this week's show by chatting with Senior Restoration Manager of BluSky Restoration Cory Ambrose about their fire and water mitigation services. Next, Director and Private Wealth Advisor for BMO Harris Bank Josh Hermann joined the show to talk about the fed rate and what it means for WGN Radio listeners. Then Access […]

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (04/22/23) – David Hochberg with BMO Harris Bank's Josh Hermann, Lindholm Roofing's Mike Huston, Mike's Landscape Lighting's Mike Long, and Mega Pros Jeremy

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Apr 22, 2023


We started off this week's show by chatting with BMO Harris Bank’s Joshua Hermann joins the program to talk about their Home Equity promotion that is ending this month and why getting a HELOC is a good idea. Next, Lindholm Roofing's Assistant Manager Mike explains common mistakes to avoid when you get damage from a […]

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (02/25/23) – David Hochberg with IRS Tax Attorney Steven A. Leahy, BMO Harris Bank's Josh Hermann, BluSky Restoration's Pete Marrero, and MegaPros Jeremy

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Feb 25, 2023


We started off this week's show by chatting with IRS Tax Attorney Steven A. Leahy to talk about how business owners can avoid tax problems and how to prepare for growth. Then, Pete Marrero with BluSky Restoration Contractors  talks about the importance of calling them immediately when disaster strikes at your home. Pete also shares how to […]

Home Sweet Home Chicago with David Hochberg
BMO Harris is here to help with your business

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Feb 25, 2023


BMO Harris' Josh Hermann joins Home Sweet Home Chicago to talk about how they can help business owners or people who want to start a business with their finances.

Good Morning Aurora
Monday | 2/6/2023 | Matthew Orr (Candidate For 6th Ward Alderman)

Good Morning Aurora

Play Episode Listen Later Feb 6, 2023 64:40


Good morning ladies and gentlemen. It is Monday and your favorite news show has returned! We hope you all had a great weekend. Our guest today is Matthew J. Orr For 6th Ward Alderman here with us live in the studio. Today we will speak to him about his campaign and what the residents of the 6th ward are most concerned about. Get ready to learn! Here's the news: - The housing counseling team of @The Neighbor Project has great workshops for February, also Black History Month which will be of benefit to the whole community! The Black Wealth Empowerment Series is a partnership between The Neighbor Project and Everlasting Word Church. Three of the workshops will be virtual, with a third celebration in-person at the Prisco Community Center. These events are sponsored by BMO Harris & Citibank. February 9th will be: Getting Your Credit Swagger & February 16th will be: Roadmap To Homeownership. Use the links posted and shared to register for the online events and please share! For questions or more information call (331) 300-3566. - Our friends of the The Neighbor Project will be holding a great series of workshops this year, with three special events happening soon. he next will be Thursday, February 16th and is titled: Saving Up For A Home Purchase. This workshop will cover different ways to save, types of income, budget building and much more. It will also detail realistic expectations such as what one may be able to afford. Lastly, Thursday, March 9th's workshop is titled: Are You Ready For The Pre-Approval Process. In this workshop we will recap previous workshops, types of documents required, considering DTI (debt to income) ratios and information on TNP homebuyer education programs. All events will take place at the downtown Santori branch of Aurora Public Library, Illinois and will begin at 6 pm. For more information call The Neighbor Project at (630) 906-9400 with any questions. Have a blessed, motivated and helpful day. Our show will return Wednesday morning at 8 am. Subscribe to the show on YouTube at this link: https://www.youtube.com/c/GoodMorningAuroraPodcast The second largest city's first daily news podcast is here. Tune in every Monday, Wednesday & Friday to our FB Live from 8 am to 9 am. Make sure to like and subscribe to stay updated on all things Aurora. Twitter: goodmorningaur1 Instagram: goodmorningaurorail Spotify: https://open.spotify.com/show/6dVweK5Zc4uPVQQ0Fp1vEP... Apple: https://podcasts.apple.com/.../good-morning.../id1513229463 Anchor: https://anchor.fm/goodmorningaurora #positivevibes #positiveenergy #downtownaurora #kanecountyil #bataviail #genevail #stcharlesil #saintcharlesil #elginil #northaurorail #auroraillinois #auroramedia #auroranews #goodmorning #goodmorningaurora #news #dailynews #subscribe #youtube #podcast #spotify #morningnews #morningshow #monday --- Send in a voice message: https://anchor.fm/goodmorningaurora/message Support this podcast: https://anchor.fm/goodmorningaurora/support

Good Morning Aurora
Monday | 1/30/2023 | A Moment Of Silence For Mr. Fred Rodgers (Aurora News & Updates)

Good Morning Aurora

Play Episode Listen Later Jan 30, 2023 62:27


Good Morning Aurora and happy Monday morning. Today we recognize a moment of silence in our program for Mr. Fred Rodgers, lifelong Auroran and youth advocate. We also have the news you need and information about Habitat for Humanity. Here's the news: - Our friends of the The Neighbor Project will be holding a great series of workshops this year, with three special events happening soon. The next will be Thursday, February 16th and is titled: Saving Up For A Home Purchase. This workshop will cover different ways to save, types of income, budget building and much more. It will also detail realistic expectations such as what one may be able to afford. Lastly, Thursday, March 9th's workshop is titled: Are You Ready For The Pre-Approval Process. In this workshop we will recap previous workshops, types of documents required, considering DTI (debt to income) ratios and information on TNP homebuyer education programs. All events will take place at the downtown Santori branch of the library and will begin at 6 pm. For more information call The Neighbor Project at (630) 906-9400 with any questions. - Our housing counseling team has great workshops for February, also Black History Month which will be of benefit to the whole community! The Black Wealth Empowerment Series is a partnership between The Neighbor Project and Everlasting Word Church. Three of the workshops will be virtual, with a third celebration in-person at the Prisco Community Center. These events are sponsored by BMO Harris & Citibank. February 2nd will be: Understanding Money, February 9th will be: Getting Your Credit Swagger & February 16th will be: Roadmap To Homeownership. Use the links posted and shared to register for the online events and please share! For questions or more information call (331) 300-3566. Have a great day and tune in to Good Morning Aurora this Wednesday for another great episode and interview. Subscribe to the show on YouTube at this link: https://www.youtube.com/c/GoodMorningAuroraPodcast The second largest city's first daily news podcast is here. Tune in every Monday, Wednesday & Friday to our FB Live from 8 am to 9 am. Make sure to like and subscribe to stay updated on all things Aurora. Twitter: goodmorningaur1 Instagram: goodmorningaurorail Spotify: https://open.spotify.com/show/6dVweK5Zc4uPVQQ0Fp1vEP... Apple: https://podcasts.apple.com/.../good-morning.../id1513229463 Anchor: https://anchor.fm/goodmorningaurora #positivevibes #positiveenergy #downtownaurora #kanecountyil #bataviail #genevail #stcharlesil #saintcharlesil #elginil #northaurorail #auroraillinois #auroramedia #auroranews #goodmorning #goodmorningaurora #news #dailynews #subscribe #youtube #podcast #spotify #morningnews #morningshow #monday --- Send in a voice message: https://anchor.fm/goodmorningaurora/message Support this podcast: https://anchor.fm/goodmorningaurora/support

Good Morning Aurora
Wednesday | 1/25/2023 | Mathius Carter (Author, Army Veteran) & The Road Home Program

Good Morning Aurora

Play Episode Listen Later Jan 25, 2023 62:29


Good morning and happy Wednesday! We have a great show four you this morning, in addition to the local news and resources you need. Our guest today is Mr. Mathius Carter of the Road Home Program at Rush (Chicago) here to talk about his book: Instead Of Sheep (A Soldiers Way Of Explaining PTSD To His Son). Let us all listen and learn! Here's the news: - Saturday, March 11th from noon to 3 pm will be the Chili Cook-Off happening at Java Plus on Waterford (1677 Montgomery Road). Competitors must complete an application, plus a $20 fee for entry. For customers there is a $5 fee, and that includes sampling all of the tasty submissions! All applications must be completed and submitted by March 1st. For more information and to receive an application you can call (331) 212-6665. - Thursday, February 9th from 5 to 6:30 pm join our friend Anthony Ortiz For Elgin City Council at Dream Hall in Elgin for a fun meet & greet! Anthony Ortiz is a candidate for Elgin City Council and a USMC veteran. For more information please email: anthony@anthonyforelgin.com - The housing counseling team of The Neighbor Project has great workshops for February, also Black History Month which will be of benefit to the whole community! The Black Wealth Empowerment Series is a partnership between The Neighbor Project and Everlasting Word Church. Three of the workshops will be virtual, with a third celebration in-person at the Prisco Community Center. These events are sponsored by BMO Harris & Citibank. February 2nd will be: Understanding Money, February 9th will be: Getting Your Credit Swagger & February 16th will be: Roadmap To Homeownership. Use the links posted and shared to register for the online events and please share! For questions or more information call (331) 300-3566. Have a wonderful and uplifting day today. We hope the information on today's show can be beneficial to you and your family. Subscribe to the show on YouTube at this link: https://www.youtube.com/c/GoodMorningAuroraPodcast The second largest city's first daily news podcast is here. Tune in every Monday, Wednesday & Friday to our FB Live from 8 am to 9 am. Make sure to like and subscribe to stay updated on all things Aurora. Twitter: goodmorningaur1 Instagram: goodmorningaurorail Spotify: https://open.spotify.com/show/6dVweK5Zc4uPVQQ0Fp1vEP... Apple: https://podcasts.apple.com/.../good-morning.../id1513229463 Anchor: https://anchor.fm/goodmorningaurora #positivevibes #positiveenergy #downtownaurora #kanecountyil #bataviail #genevail #stcharlesil #saintcharlesil #elginil #northaurorail #auroraillinois #auroramedia #auroranews #goodmorning #goodmorningaurora #news #dailynews #subscribe #youtube #podcast #spotify #morningnews #morningshow #wednesday #roadhomeprogram --- Send in a voice message: https://anchor.fm/goodmorningaurora/message Support this podcast: https://anchor.fm/goodmorningaurora/support

The big d z one
No happy news to report

The big d z one

Play Episode Listen Later Dec 13, 2022 18:25


Results of week 14 12w 3l My new bank is fired when I get my money yet again I'm tired of being robbed and getting in trouble for reporting it ,nearly stranded, and now hurt by my own dam BMO HARRIS bank over a mistake that wasn't even my fault!! I'll stick with online bank thank you very much ! Hope you're having a great day! Hey, I just ran across a new business idea that really caught my attention.Not sure if you're open to a new and exciting income stream at the moment, but wanted to run it by you just in case.I really haven't seen anything like it before.I have a short video I can send if you'd like to see it.Just reply to this email and let me know and I'll send it your way.https://lllpg.com/4tmbm5pp/ Become a member at https://plus.acast.com/s/thebigdzoe. Hosted on Acast. See acast.com/privacy for more information.

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (10/15/22) – Wendy Snyder in for David with Realtor Amy Kite, BMO Harris' Josh Hermann, Elder Calderon of ComEd, Builder Supply Outlet's Tom Jahnke, and Mega Pros Joe

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Oct 15, 2022


We started off this week's show by chatting with Amy Kite of The Kite Team who talks about how her team can help guide you through paying back your mortgage after COVID. Next, BMO Harris' Josh Hermann talks about HELOC’s and Private Bank Custom Lending. Then, Builder Supply Outlet's Tom Jahnke, talks about their energy efficient LED lighted mirrors. Up […]

CAST11 - Be curious.
Prescott Valley BMO Harris is Open for Business

CAST11 - Be curious.

Play Episode Listen Later Sep 16, 2022 1:29


BMO Harris Bank in Prescott Valley is committed to remaining open to providing excellent service to customers. Its easy to spot the major construction taking place at the corner of Florentine Rd and Glassford Hill Rd where Fain Signature Group has begun work for the new LEGADO project. A little harder to find is access to BMO Harris Bank, which remains open to service their customers. BMO Harris, also located at the corner of Florentine Rd and Glassford Hill Rd in Prescott Valley is committed to provide excellent customer service and during construction, have been working closely with Fain Signature... For the written story, read here >> https://www.signalsaz.com/articles/prescott-valley-bmo-harris-is-open-for-business/

Banking Transformed with Jim Marous
BMO Harris: Promoting Gender Diversity in FinTech

Banking Transformed with Jim Marous

Play Episode Listen Later Sep 13, 2022 48:07


While the fintech industry is growing rapidly, it is still rare to see women as fintech founders or women holding leadership roles. More concerning is the fact that women fintech founders are lower in North America than other regions of the world. In August, a collaboration between BMO Harris Bank and 1871, a #1-ranked private business incubator, provided women entrepreneurs the opportunity to bring their innovative technologies and products forward. My guests on the Banking Transformed podcast are BMO Harris' Niamh Kristufek, US head of business banking and Andrew Harrison, Head of US Digital Partnerships. They share the results of this year's incubator program and the importance of greater inclusion in the fintech space. This Episode of Banking Transformed is sponsored by FIS When customers need to pay, borrow, or invest, are you there? FIS believes the future of financial services delivery is giving customers what they want, whenever and wherever they are. SMB Embedded Finance enables Financial Institutions and Technology Companies to deliver critical financial services to small businesses at their point of need.  Visit FISglobal.com to learn more.  

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (09/03/22) – David Hochberg with MegaPros Joe, Mike Long of Mike's Landscape Lighting, Mr. Floor himself, Igor Murokh, BMO Harris' Josh Hermann, and Justin Bartley of Next Door and Window

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Sep 3, 2022


We started off this week's show by chatting with THE Mike of Mike's Landscape Lighting, Mike Long, joined the program to share about helping a listener get her existing lighting system working again. Next, A Mr. Floor himself Igor Murokh, joined the show to talk about how to fix hazy and lifeless looking floors. Then, BMO Harris' Josh Hermann shares […]

The MapleMoney Show
What Is the Outlook for Cryptocurrency and the Blockchain? with Eric Rosenberg

The MapleMoney Show

Play Episode Listen Later Aug 31, 2022 35:10


Want to know more about cryptocurrencies and NFTs or how the blockchain works? It's a fascinating and ever-changing world, and as you explore it, the possibilities seem endless. Eric Rosenberg is a finance writer, speaker, and consultant. His writing has appeared in publications including the Huffington Post, Business Insider, Investopedia, and many others. He's worked with many top brands, including TD Ameritrade, Betterment, Citizens Bank, and BMO Harris. I met with Eric at Podcast Movement this past week to discuss current trends in cryptocurrency, NFTs, and ways the blockchain could be used in the future. You can find the show notes for this episode at https://maplemoney.com/207 Do you prefer to invest in socially responsible companies? If so, our sponsor Wealthsimple will help you build a portfolio focusing on low carbon, cleantech, human rights, and the environment. To get started with Socially Responsible Investing, head over to https://maplemoney.com/wealthsimple today!

Your Money Matters with Jon Hansen
Building your savings with BMO Harris

Your Money Matters with Jon Hansen

Play Episode Listen Later Aug 23, 2022


Karmen Conrad from the BMO Harris Marketing Department joins WGN Radio’s Jon Hansen to discuss how to come up with a financial plan in order to help increase savings for the future. Karmen went over possible savings motivators such as retirement, vacations, or a new home, among other things and then broke down how to […]

Daily Remedy
Prestige 2.0 <> BMO Harris

Daily Remedy

Play Episode Listen Later Aug 23, 2022 30:34


Dr. Joshi speaks with bankers at BMO Harris to discuss financial literacy among patients with substance use dependency.

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (08/13/22) – David Hochberg with MegaPros Joe, Access Elevator's Frank Wasilewski, BMO Harris Bank's Joshua Hermann, Sara Andreas of Robert R. Andreas & Sons and Lindholm Roofing's Mike Huston

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Aug 15, 2022


We started off this week's show by chatting with Access Elevator's VP of Sales Frank Wasilewski to talk about the launch of Liftingahero.com for 2022. Next, Business Banking Officer – VP – BMO Harris Bank at BMO Harris Bank’s Joshua Hermann joins the program to talk about private bank investing. Then, Sara Andreas of Robert […]

The Food Institute Podcast
Hedged Optimism: Impressions from the Global Farm to Market Conference

The Food Institute Podcast

Play Episode Listen Later Jul 7, 2022 23:15


This Episode is Sponsored By: BMO Harris Bank “Hedged optimism” was the major theme of BMO's 17th annual Global Farm to Market Conference. To provide additional insights from the May conference, Erica Kuhlmann, managing director at BMO Harris Bank's Food, Consumer, and Agribusiness Group, joins The Food Institute Podcast to discuss industry optimism and other event takeaways, including the rise of ESG principles and declining influence of plant-based and controlled-environment agriculture. More About Erica Kuhlmann: Erica T. Kuhlmann is a Managing Director and Market Executive of BMO Harris Bank's Food, Consumer and Agribusiness Group. The Food, Consumer and Agribusiness Group focuses on building banking relationships with mid market companies in the industry sector. Erica is a thirty plus year veteran of BMO Financial Group, having served in various leadership roles throughout her tenure at the bank. She has worked with agribusiness companies, branded and private label food manufacturers, front line commodity processors, protein processors, input suppliers, wholesale distributors and grocery chains throughout her career, providing banking services, capital and advice to companies in the sector. Erica holds a BA from Northwestern University and an MBA from the Booth School of Management at the University of Chicago. She is a board member of IFAMA, the International Food and Agribusiness Management Association, Chicagoland Food and Beverage Network and Naturally Chicago. BMO Harris is a full-service corporate bank, providing a complete range of financing alternatives tailored to a company's unique needs, including syndicate loan facilities, working capital financing, capital expansion financing, and asset securitization. The bank provides customized tools and services to manage a company's day-to-day capital management, including treasury management services, interest rate risk management, foreign exchange and commodity price risk management. Thanks to Our Sponsor: BMO Harris Bank BMO Harris Bank's Food, Consumer, and Agribusiness Group: whether you're a producer, processor, retailer or distributor, every company throughout the food continuum needs a financial partner that understands the factors that can impact their business. From emerging consumer trends and industry consolidation, to commodity fluctuations and economic cyclicality, BMO's experienced team of specialists understands the issues affecting your company, and they use that knowledge to develop tailored solutions that address your needs and helps you achieve your vision. To learn more about how they can help, or for more coverage of the Farm to Market Conference, please visit http://www.bmoharris.com/food. Mentioned in this Episode: Building an ESG Business Case: https://foodinstitute.com/podcast/building-an-esg-business-case/

Your Money Matters with Jon Hansen
BMO Harris gives a new meaning to cashback

Your Money Matters with Jon Hansen

Play Episode Listen Later Jul 6, 2022


Mark Saienni from BMO Harris, joins host Jon Hansen on Your Money Matters to talk about their cashback credit card. Streaming services earn you 5% cashback and gas and groceries earn you 3%. Plus, Mark talks about deals for new customers. For more information, visit bmoharris.com

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (06/18/22) – David Hochberg with MegaPros Joe, Dykstra Home Services' Rich Dykstra, BMO Harris Bank's Josh Hermann, Sara Andreas with Robert R. Andreas and Sons, and Alex Ortega with Reliance Plumbing

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Jun 18, 2022


We started off this week's show by chatting with about Sara Andreas with Robert R. Andreas and Sons to talk about laying concrete in the heat. Next, Dykstra Homes Services' Rich Dykstra joined the show to talk about how to keep 2nd floor rooms cool in the summertime heat. Then, Alex Ortega with Reliance Plumbing makes his Home […]

Why Your Bank Sucks
Bank of the West Overdraft Controversy + The Notorious Banker Recovers $1500 for Susan in DC

Why Your Bank Sucks

Play Episode Listen Later Jun 17, 2022 75:53


Today, I discuss Patrick Rucker's reporting on Bank of the West, and how a secret deal in 2017 to curtail how many overdrafts a customer can get there may do more harm than good. I discuss how the arbitrary $1000 limit led to accounts being closed and customers being unbanked. While the intent was meant to help them out, it can create further problems through chexsystems, which most banks use to approve accounts for clients. I also discuss the "sales pressure" of pushing your clients to link their checking accounts to ODP, and how it's an easy way to drive revenue, because although you are no longer gathering overdraft fees, you are then getting clients to get charged fees for the act of ODP happening. It's a complicated story as Bank of the West is headed towards a merger with BMO HARRIS bank. Plus, I recover $1500 from Susan in DC. This is one of the first times I let a media member into my methods of helping people, and I discuss my interaction with her, tips I shared with her to help her, and frankly how big banks do NOT research your fraud claims, and also worry more about call time length than fixing your issue. I got done in 1 day what her bank, BofA, could not get done in months with my "Customer Service Strategy" or "Vigilante Customer Service". I also discuss how her filing a police report to report the robbery of her car, and the subsequent denial of her claim is basically BofA telling her SHE is a criminal for filing a false police report, as the denial of her claim happens despite her affirmation to the police that the crime committed on her DID happen. It's a mess, but we got it done! :) NB Has recovered over $2.7 Million from big banks back to consumers, with nearly $500k of it being Zelle fraud! 27,000+ Followers on TikTok, Twitter and Instagram Buy My Book "High-Risk Transaction" Find all my social media and other links at: TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!) MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker --- Support this podcast: https://anchor.fm/thenotoriousbanker/support

Fintech Unfiltered, by Bank Innovation
Why commercial banks struggle to digitize account opening

Fintech Unfiltered, by Bank Innovation

Play Episode Listen Later Jun 10, 2022 15:26


Daylight Automation co-founder explains the challenges Commercial banks are focusing on a human-centric approach to relationships that may be holding them back when it comes to digitizing such basic functions as account opening. This more human approach is a challenge, Art Harrison, co-founder and chief growth officer for workflow automation vendor Daylight Automation, tells Bank Automation News in this episode of “The Buzz” podcast.  “A lot of the trust and the relationships at banks, particularly on the commercial side, is still human-centric,” Harrison says. “The differentiation and the value that a lot of these organizations still bring is the expertise and the guidance that they provide to these busy stakeholders.” Fifty-six percent of commercial banking executives say digital account opening is the No. 1 technology issue for business customers over the next five years, according to a recent study by Phoenix-based Catalyst Consulting Group. That report also noted that the difficulties with onboarding commercial clients come down to complex relationships and workflows. This, in turn, has led to barriers in automating key functions like verifying business entities, according to the report. Harrison tells BAN that regulatory requirements like knowing the beneficial ownership structure also bog down efforts to digitize commercial processes.  The Canadian-based company, founded in 2015, works with financial institutions such as BMO, BMO Harris and Manulife Financial, which owns John Hancock Financial in the U.S., to tackle this issue through its low-code solution, he explains.  Daylight Automation has raised $15.9 million over four funding rounds, according to Crunchbase. 

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (05/28/2022) – David Hochberg with Builder Supply Outlet's Tom Jahnke, Kari Kohler with the Kohler Group at Coldwell Banker, Josh Hermann with BMO Harris, and Dykstra Home Services' Rich Dykstra

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later May 28, 2022


We started off this week's show by chatting with Kari Kohler of the Kohler Group at Coldwell Banker about updates in the real estate market. Next, Builder Supply Outlet's Tom Jahnke joined the show to talk about the most popular bathroom and kitchen faucets to update your home. Then, BMO Harris' Josh Hermann shares the […]

Social Selling Made Simple
Your Real Estate License Doesn't Guarantee Success...Here's Why with Tiffany Willis-Johnson

Social Selling Made Simple

Play Episode Listen Later May 17, 2022 66:14


In real estate, the courses that get us qualified don't teach us everything we need to know - in fact, they barely scratch the surface. This is an industry with so much depth, and we have to learn as much as we can to have staying power.    Right now, there are more real estate agents in the industry than ever before, but most won't last long. They don't commit to learning beyond their initial training.    What does it take to stay in the business for years, and even decades? How do we set a vision and follow through?    In this episode, I'm joined by broker and Chicago Agent's Rookie of the Year nominee Tiffany Willis-Johnson. She shares how she sold 30 homes in her first year, and we talk about how to set yourself up for success from day 1 in real estate.  Three Things You'll Learn In This Episode    - The power of starting with the end in mind How do we unlock big opportunities by strategically affiliating ourselves with the right people?    - Why I set up 13 streams of income How do you build a business you can take everywhere you go?     - How to stabilize our income  What steps can we take to cushion the blow if a deal falls apart?     Guest Bio   Tiffany Willis-Johnson is a seasoned Executive turned Real Estate Broker was nominated as Chicago Agent's South Suburban Rookie of the Year in 2021 closing more than 30 transactions her first year in real estate.    Tiffany started investing in real estate at 22, and by 26 she owned 3 properties and managed her friends and families real estate. She founded Willis Property Management in 2005 but returned to corporate after the market crashed in 2008.   With more than 20 years of corporate experience, she's lead teams across the country in various industries: real estate (Realogy Group/NRT), consulting (McKinsey & Co, Brunswick Group), investment banking (Mesirow Financial, BMO Harris), education (Perspectives Charter Schools), non for profit (Chicago Scholars) and even started her career in the United States Federal Government. Visit https://www.tiffanywillisjohnson.com and https://www.facebook.com/tiffanywillisjohnson for more info.

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (04/23/22) – David Hochberg with MegaPros Joe, Roy Spencer of Perma-Seal, BMO Harris Josh Hermann, Mike Huston of Lindholm Roofing, Jen Milazzo and Rich Dykstra of Dykstra Home Services, and special guest, chef Eddie Sweeny of Ca

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Apr 23, 2022


We started off this week's show by chatting with Founder and President of Perma-Seal, Roy Spencer, about what homeowners should be looking for around and outside their homes for waterproofing and structural issues. Next, BMO Harris' Business Banking Officer, Josh Hermann, joined the show to talk about the Home Equity and Community Reinvestment Act (CRA). […]

FIA Speaks
FIA Hall of Fame honors Chuck Hohman, Blythe Masters and Joanne Medero

FIA Speaks

Play Episode Listen Later Apr 13, 2022 8:31


In this episode, FIA honors the careers of three distinguished individuals from the cleared derivatives industry who were recently inducted into its Hall of Fame – Chuck Hohman, the "banker of the futures industry" at BMO Harris; Blythe Masters, an accomplished industry executive who played a key role the birth of credit derivatives; and Joanne Medero, who worked in financial services public policy for more than 30 years. (Hosted by FIA President and CEO Walt Lukken)

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (03/26/22) – David Hochberg with MegaPros Joe, realtor Amy Kite, BMO Harris' Josh Hermann and Justin Bartley of Next Door and Window

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Mar 26, 2022


We started off this week's show by chatting with realtor Amy Kite about the impact of interest rates on a home search. Next, Justin Bartley of Next Door and Window  joined the show to talk about fiberglass and vinyl replacement windows and which is better for your home. Then, BMO Harris' Business Banking Officer Josh […]

Wickedly Smart Women
Financial Planning in the Divorce Process—with Jennifer Merida - 163

Wickedly Smart Women

Play Episode Listen Later Mar 23, 2022 28:25


Divorce is an emotional process. A process that requires you to make important decisions that will impact the rest of your life.    And even if you're savvy with money, it's easy to make mistakes that adversely affect your financial security.   So, where can you go for support with financial planning in the divorce process?  Jennifer Merida is a Financial Advisor and Certified Divorce Financial Analyst (CDFA) with The Tranel Financial Group. She has 20 years of experience in financial services, serving as Retail Vice President at First Security Bank and Premier Banker at BMO Harris before joining Tranel in 2019. Jennifer is dedicated to helping people gain clarity and control over their finances before, during and after a divorce.  On this episode of Wickedly Smart Women, Jennifer joins Anjel to describe the financial mistakes she made in her own divorce and discuss how the experience inspired her to become a CDFA.  Jennifer shares the four things she wishes she'd known during her divorce, challenging us to set financial goals and build the right team to support us through the divorce process.  Listen in for insight on the free resources available to organize your finances and learn how a CDFA like Jennifer can help you achieve financial security after divorce.  What You Will Learn  The financial mistakes Jennifer made in her own divorce  How giving up marital assets affected Jennifer and her children    What it takes to become a Certified Divorce Financial Analyst   The role a CDFA plays in helping people achieve financial security after divorce  How a CDFA helps you answer the question, ‘Can I get divorced?'  Why it's crucial for divorcing couples over 50 to make informed financial decisions  The free resources Jennifer offers to help you get organized for divorce  How Jennifer helps people navigate the emotional aspects of divorce  The value of setting financial goals and building the right team  How Jennifer serves women and men virtually or in-person  Connect with Jennifer Merida The Tranel Financial Group  Resources Institute for Divorce Financial Analysts  Connect with Anjel B. Hartwell Wickedly Smart Women Wickedly Smart Women Facebook Community Wickedly Smart Women on TeePublic Wickedly Smart Women on Clubhouse The Wealthy Life Mentor The Wealthy Life Mentor on Facebook The Wealthy Life Readiness Quiz Anjel on Twitter Anjel on Instagram Email listeners@wickedlysmartwomen.com  Leave Us A Message On Our listener line:   540-402-0043 x4343

Workin' it Out Podcast
How does BMO Harris Bank Empower Black and Latino-owned Businesses?

Workin' it Out Podcast

Play Episode Listen Later Mar 18, 2022 28:44


Anthony Hudson, Regional President of BMO Harris Bank, joins Dr. Vanessa Weaver to share his expertise in the financial industry. He also speaks about his dedication to nurture wealth creation and business development in communities of color.In this Episode·      The explanation of the racial wealth gap that exists between White families and Black and Latino families, especially in the wake of the COVID-19 pandemic·      The role that the BMO EMpower initiative plays in building the wealth of Black and Latino businesses and their respective communities·      The challenges that Black and Brown-owned businesses face when it comes to funding, including accessing loans and investment opportunities to allow their businesses to thrive·      How Mr. Hudson uses the platform given to him by the BMO Empower Initiative to provide support, opportunities, and access to minority-owned businesses·      Steps that Black and Latino business owners can successfully grow and expand their businesses, including establishing a trusted financial team and utilizing resources for education and thought leadership Resources·      Anthony Hudson·      BMO Harris Bank·      Dr. Vanessa Weaver·      Alignment Strategies·      BMO Harris Bank EMpowerFollow Us on Social MediaWorkin' It Out·      LinkedIn·      Facebook ·      Instagram·      Twitter  Alignment Strategies·      LinkedIn·      Facebook·      Twitter  Diversity and Inclusion Television·      LinkedIn·      Facebook   

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (03/05/22) – David Hochberg with Access' Frank Wasilewski, Blu Sky Restoration's Pete Marrero, and BMO Harris' Joshua Hermann

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Mar 5, 2022


We started off this week's show by chatting with Frank Wasilewski, Vice President of Sales at Access, about making home bathrooms more accessible and affordable. Next, Senior Restoration Manager at Blu Sky Restoration Restoration, Pete Marrero, joined the show to talk about the uptick in residential fires and vehicle impacts throughout Chicagoland. Then, Business Banking […]

Line on Agriculture
Dairy accounting

Line on Agriculture

Play Episode Listen Later Feb 7, 2022


Agriculture banking expert Sam Miller with BMO Harris says that making a dairy operation more profitable means looking at your farm's largest expenses.

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (01/15/22) – David Hochberg with Roy Spencer of Perma-Seal, Josh Hermann with BMO Harris Bank, and Mr. Floor, Igor Murokh

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Jan 16, 2022


We started off this week's show by chatting with Roy Spencer of Perma-Seal to share about their anniverary specials they have going on, and to let the listeners know that weather does not stop them from coming out and helping. Next, Mr. Floor himself, Igor Murokh, joined the show to talk about how to fix […]

Crain's Daily Gist
12/22/21: The best coffee in town

Crain's Daily Gist

Play Episode Listen Later Dec 21, 2021 27:34


"Check, Please!" creator David Manilow, back with host Amy Guth for his weekly chat on all things food, recommends where to warm up with the best cups of coffee, including Metropolis, Metric, Bridgeport Coffee Shop, Hexe, Gaslight, Ipsento and others, as well as out-of-state imports like Bad Owl, Colectivo and Philz. He'll also share highlights from his recent conversation with Justin Doggett from Kyoto Black Coffee. Plus: Amazon is planning to add 450 jobs downtown; omicron becomes the dominant COVID strain with 73% of cases in America; Amtrak cranks up speeds on trains to St. Louis and Springfield; and BMO Harris' parent ends 2021 with the priciest U.S. bank deal of the year.

The Dairy Show
How the Experts Evaluate Farm Loans Pt. 2

The Dairy Show

Play Episode Listen Later Dec 14, 2021 21:14


This episode of The Dairy Show contains audio from the 2021 Expo Seminar, “How we are evaluating farm loans.” Panelists include Sam Miller, BMO Harris, Roger Murray, Farm Credit East, and Matthew Wilson, Rabo AgriFinance, with Moderator Millaine Wells, WFRV-TV, Green Bay, Wis.  To listen to additional recordings of Expo Seminars, visit https://worlddairyexpo.com/pages/2021-Videos-&-Photos.php

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (12/11/2021) – David Hochberg with MEGAPros Joe, Rich Dykstra Dr. of Dykstra Home Services, Josh Hermann with BMO Harris Bank and Clifton Scott of ADT Security Systems

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Dec 11, 2021


We started off this week's show by chatting with Rich Dykstra Sr. of Dykstra Home Services about keeping your furnace clean this winter. Next, Business Banking Officer at BMO Harris Bank, Josh Hermann,  joined the show to talk about their new initiative to help Black, brown and women-owned businesses. Then, General Manager of ADT Security […]

Hatchcast
Hatchcast Extra — Innovate State: Financial Wellness, ft. Rochelle Nawrocki Gorey

Hatchcast

Play Episode Listen Later Dec 3, 2021 61:44


Rochelle Gorey leads SpringFour, a Certified B, social impact fintech company that helps the financial services industry limit risk by empowering improved payment performance and increased customer engagement. Trusted by BMO Harris Bank, Capital One, Wells Fargo, Discover, M&T Bank, LendUp, Oportun, and more, SpringFour's solutions provide financial resources to millions of consumers. Rochelle's more than 25 years of experience in public policy and government relations led her to the fintech industry.  SpringFour has won numerous awards, including the 2015 Promontory Financial Group's Empowerment Award for Financial Innovation; 2017 Top Venture for the Points of Light Civic Accelerator Program,  winner of the BMO Harris/1871 Fintech Partnership Program, and named a finalist for the BAI Global Innovation Award in 2017 & 2019; finalist for the 2018 FinXTech/Bank Director's Most Innovative Solution of the Year and Women Tech Founders Social Impact Founder of the Year Award; 2019 finalist for LendIt's Partnership of the Year Award and named a Startup to Watch in 2021 by Chicago Inno. SpringFour has been recognized by Forbes, American Banker, Business Insider, Global Banking & Finance Review, and more.  About Innovate StateThe Innovate State Speaker Series brings both emerging and accomplished Spartans back to campus for a fireside chat-style interview. These 60-minute sessions offer the chance for guests to share their perspectives on a wide array of topics like innovation, startup life, investments, and career paths. These are stories of success, stories of failures, and stories of uncommon will—and you do not want to miss them. Innovate State is hosted and managed by The Burgess Institute for Entrepreneurship & Innovation. The events are free and start at 6 p.m. in the Larry & Teresa Gaynor Entrepreneurship Lab (lower level of the Minskoff Pavilion). Early registration is highly encouraged.----Like what you hear? Let us know and subscribe and share, we really appreciate it! Have ideas or comments for us? Email us at hatchcast@msu.edu. For behind-the-scenes content, check us out on Facebook and Instagram.   Hatchcast is made possible by the Burgess Institute for Entrepreneurship & Innovation at Michigan State University in collaboration with the MSU Entrepreneurship Association & MSU Women in Entrepreneurship. Original Music by Kakia Gkoudina and Karina Stankowski Engineered & Edited by Gabe Hales  Co-created by Aaryn Richard, Tyler Mehigh, & Kurt Creger  Co-hosted by Gabe Hales, Gabe Berke, Diego Fernandez, Danielle Tice, Karina Stankowski, Charlotte Bachelor & Aaryn Richard 

The Dairy Show
How the Experts Evaluate Farm Loans

The Dairy Show

Play Episode Listen Later Nov 23, 2021 37:34


This episode of The Dairy Show contains the audio from the 2021 Expo Seminar, “How we are evaluating farm loans.” Panelists include Sam Miller, BMO Harris, Roger Murray, Farm Credit East, and Matthew Wilson, Rabo AgriFinance, with Moderator Millaine Wells, WFRV-TV, Green Bay, Wis. To listen to additional recordings of Expo Seminars, visit https://worlddairyexpo.com/pages/2021-Videos-&-Photos.php

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (11/20/21) – David Hochberg with Real Estate Tax Attorney Dave Schlueter, Modern Mill Solar's Melissa Cavanagh, Tracy Conn of Joe Cotton Ford, and Joshua Hermann of BMO Harris Bank

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Nov 21, 2021


We started off this week's show by chatting with real estate tax attorney Dave Schlueter about his experience helping a Home Sweet Home Chicago listener refinance their home. Next, Director of Marketing at Modern Mill Solar, Melissa Cavanagh joined the show to talk about the benefits of going solar. Then, Business Banking Officer at BMO […]

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (10/09/2021) – David Hochberg with MEGAPros Joe, Sara Andreas of Robert R. Andreas & Sons, Barrett Warnke of Lindemann Chimney, Josh Hermann of BMO Harris and Michael Long of Mike's Landscape Lighting

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Oct 9, 2021


We started off this week's show by chatting with Sara Andreas of Robert R. Andreas and Sons about extending their services to industrial clients. Next, Senior Field Manager of Lindemann Chimney, Barrett Warnke, joins the show to talk about the importance of a thorough chimney inspection. Then, Josh Hermann, Business Banking Officer of BMO Harris […]

Crain's Daily Gist
09/15/21: More shoppers go antiquing

Crain's Daily Gist

Play Episode Listen Later Sep 14, 2021 17:38


Chicago's antique shops are seeing a bump in business as other home good stores suffer from supply shortages and shipping delays. Crain's reporter Ally Marotti talks with host Amy Guth about the influx in business that has forced some dealers to change how they operate. Plus: Jump Capital raises $350 million venture fund, BMO Harris joins wave of banks closing branches, consumer price growth cools and Mariano's parent company partners with Instacart to set 30-minute delivery goal.

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (08/21/21) – David Hochberg with MEGAPros Jeremy in for MEGAPros Joe, Josh Hermann with BMO Harris Bank, Tom Jahnke of Builder Supply Outlet and Sara Andreas with Robert R. Andreas & Sons, Inc.

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Aug 21, 2021


We started off this week's show by chatting with Robert R. Andreas & Sons' Sara Andreas about the benefits of concrete driveways. Next, president of Builder Supply Outlet's Tom Jahnke joined the show to talk about the growing demand for materials and how it impacts the time in-home projects last. Then, BMO Harris' Business Banking […]

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (07/31/21) – David Hochberg with Janelle Iaccino of Rose Pest Solutions, Joshua Hermann with BMO Harris Bank and Candace Feir of In-Home Caregivers

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Jul 31, 2021


This week, Janelle Iaccino of Rose Pest Solutions informs listeners about what to do if they spot Silverfish in their homes and how Rose Pest will come out to inspect the situation to get the source of the problem. Next, Business Banking Officer of BMO Harris Bank at BMO‘s Joshua Hermann joins the program to […]

Home Sweet Home Chicago with David Hochberg
Home Sweet Home Chicago (07/03/21) – David Hochberg with MEGAPros Joe, Joshua Herman with BMO Harris Bank, Janelle Iaccino of Rose Pest Solutions, Mike Long of Mike's Landscape Lighting, and Pete Marrero with JC Restoration

Home Sweet Home Chicago with David Hochberg

Play Episode Listen Later Jul 3, 2021


We started off this week's show by chatting with the Senior Restoration Manager with JC Restoration Pete Marrero who talks about what to do and when to call if your home experiences any water, wind or fire damage. Next, we chatted with Rose Pest Solutions' Janelle Iaccino about whether or not mosquito spray hurts bees and […]

The Food Institute Podcast
Key Themes from the BMO Farm to Market Conference

The Food Institute Podcast

Play Episode Listen Later Jun 12, 2021 22:57


This Episode of the Food Institute Podcast is Sponsored by: BMO Dive into the key themes from the 16th Annual BMO Farm to Market Conference with Erica Kuhlmann during her first appearance on the Food Institute Podcast. Kuhlmann, who serves as Managing Director and Market Executive of BMO Harris Bank's Food, Consumer and Agribusiness Group, discusses how many consumers are now searching for “food with a purpose.” Additionally, she discusses the rising labor challenges across various food sectors, and the long-term concerns surrounding inflation. The conversation also covers AI and automation, and the growing importance of the ESG agenda in the marketplace. Hosted By: Brian Choi More About Erica Kuhlmann: Erica T. Kuhlmann is a Managing Director and Market Executive of BMO Harris Bank's Food, Consumer and Agribusiness Group. The Food, Consumer and Agribusiness Group focuses on building banking relationships with mid-market companies in the industry sector. Erica is a thirty-plus-year veteran of BMO Financial Group, having served in various leadership roles throughout her tenure at the bank. She has worked with agribusiness companies, branded and private label food manufacturers, front line commodity processors, protein processors, input suppliers, wholesale distributors and grocery chains throughout her career, providing banking services, capital and advice to companies in the sector. Erica holds a BA from Northwestern University and an MBA from the Booth School of Management at the University of Chicago. She is a board member of IFAMA, the International Food and Agribusiness Management Association, Chicagoland Food and Beverage Network and Naturally Chicago. BMO Harris is a full-service corporate bank, providing a complete range of financing alternatives tailored to a company's unique needs, including syndicate loan facilities, working capital financing, capital expansion financing, and asset securitization. The bank provides customized tools and services to manage a company's day-to-day capital management, including treasury management services, interest rate risk management, foreign exchange and commodity price risk management. Thanks to Our Sponsor: BMO Whether you're a producer, processor, retailer or distributor, every company throughout the food continuum needs a financial partner that understands the factors that can impact their business. From emerging consumer trends and industry consolidation, to commodity fluctuations and economic cyclicality, BMO's experienced team of specialists understands the issues affecting your company and uses that knowledge to develop tailored solutions that address your needs and helps you achieve your vision. To learn more about how they can help, visit http://www.bmoharris.com/food. To learn more about BMO, please visit: http://www.bmoharris.com/food

Scribble Talk
Scribble Talk Episode 112 - Heidi Romero ( Assistant Vice President BMO Harris Bank, APMP Greater Midwest Chapter (GMC) Events Committee Chair, Moyamoya Awareness, Geo-catching, Avid Reader, Writer, Darts Shooter)

Scribble Talk

Play Episode Listen Later Jun 10, 2021 53:03


Heidi Romero, CP APMP after a 9-year career in retail optical sales, Heidi Romero joined BMO Harris Bank (then M&I Bank) in 2004 as a Treasury Management Sales Associate for Business customers and Inside Sales. From there she was promoted to a Sales Associate for the Commercial and Mid-Market client base. In 2010 she was promoted to Officer and moved into a Senior Implementation and Portfolio Management role during the M&I/Harris Bank acquisition working with large corporate customers through the merger. In April 2014, Heidi joined the Proposal/RFP Team as a US Proposal Manager for the bank. She was then promoted to Assistant Vice President in January 2016. She has been an active member of APMP since 2014 and achieved her Foundation level accreditation in June 2015, as well as her Practitioner certification in September 2018.Heidi works diligently to instill APMP's best practices and her proposal passion in every opportunity which resonates through her team and the sales process. Heidi is based in Milwaukee, WI.Heidi assisted on the Greater Midwest Chapter (GMC) Events Committee for 3 years, the GMC Marketing Committee for 1 year and as Events Chair most recently in 2020 and 2021.Heidi received her Bachelor of Science in Business Administration with an emphasis in Marketing Management from Carroll College (Waukesha, WI) in 2002 and her Master of Business Administration from Cardinal Stritch University in 2008.Heidi is a Moyamoya (a rare brain artery disease, occurring in less than 1 in 100,000) survivor/warrior since diagnosed in 2014, having had 2 brain artery bypasses in 2014 and 2015 after suffering a stroke on Christmas Eve 2013. She advocates for Moyamoya awareness as often as possible, buddies up with newly diagnosed people in her area and contributed to Faces of Moyamoya Disease, a book launch completed the end of 2020. Additionally, she enjoys reading, writing, shooting darts with her husband of almost 10 years, and instilling a brave warrior, can-do attitude in her daughter Grace (almost 5) and stepson Jeremy (almost 14). More recently, her and her daughter have become interested in geocaching and try to venture out to do that together as frequently as possible.

John Howell
The Payroll Protection Plan paid off for Illinois banks

John Howell

Play Episode Listen Later Apr 26, 2021 8:19


PPP loans have helped businesses in all sectors stay afloat during the pandemic. All together Illinois banks received $1.5 billion in service fees for handling the Federal PPP loans. BMO Harris got the most money out of Illinois banks, totaling around $232 million. Main Street Alliance Communications Director Sarah Crozier joins John Howell to break down the numbers.

Download & Delete Podcast
12: C.R.E.A.M

Download & Delete Podcast

Play Episode Listen Later Jan 20, 2021 99:56


We welcome our first guest of 2021 Lekisha Leonard, financial expert and Bank Manager for BMO Harris as she drops knowledge about how to create wealth and maintain financial wellness. The following resources were referenced in this episode: “US Tech Hubs: Top Tech Cities in the US”https://builtin.com/tech-hubsNō Studios, Milwaukee, WIhttps://www.nostudios.com“Giannis Antetokounmpo to sign five-year, max contract extension with Bucks”Benjamin Zweiman, Updated Dec 15, 2020https://dknation.draftkings.com/nba/2020/12/15/22176618/giannis-antetokounmpo-contract-extension-details-money-salary-milwaukee-bucks-nba-news“What is a Sou Sou (SuSu)?: How can this centuries-old West African financial practice benefit you today?”Keith McBride - Aug 6, 2020 · Medium.comhttps://medium.com/smart-money-personal-finance/what-is-a-sou-sou-susu-db91b1c4883f

The Paychex Business Series Podcast with Gene Marks - Coronavirus
BMO Harris Bank’s Steve Zandpour Shares Why Businesses Should Look to Banks for Guidance and Advice

The Paychex Business Series Podcast with Gene Marks - Coronavirus

Play Episode Listen Later Nov 10, 2020 18:45


No longer just lending institutions, banks have become financial consultants. That’s why it's so important for small business owners to build a strong relationship with their bank. Steve Zandpour, U.S. Head of Retail Specialty for BMO Harris Bank, joins host Gene Marks to give insight into the banking side of business. Hear what he has to say about the Paycheck Protection Program, Small Business Administration loans, competition in the lending industry, banker relationships and more. To learn more about different types of small business financing options during the COVID-19 pandemic as well as lender options, read our article “Securing Financing for Your Small Business.” Looking for ways to get back to business during COVID-19? Download our whitepaper, “Peer Insights to Help SMBs Get Back to Business.” DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

BISA Industry TrendWatch
July 2020 Month in Review

BISA Industry TrendWatch

Play Episode Listen Later Sep 9, 2020 36:48


This month we are joined by Wallace Harris Jr. of BMO Harris, Rich Koll of Investors Bank, and Bob Thompson of S&T Wealth Management, a financial advisory practice of Ameriprise Financial Services, LLC. In addition to the monthly trends, we will hear them discuss the surge in three-year fixed annuity sales due to the “rate play”, how the pandemic gave clients time to focus on getting their financial houses in order, and how remote work forced advisors to not be dependent on their branches for new business.

Technori Podcast with Scott Kitun
WMNFintech program by BMO Harris & 1871 evolves the accelerator concept for female founders

Technori Podcast with Scott Kitun

Play Episode Listen Later Sep 3, 2020 35:52


Ben Shack of BMO Harris and Shayna Atkins of ExpandHR join the podcast with Scott to talk about what founders truly need from a program, how the 1871 Innovation Program evolved into the female-founder driven program it is today. Shayna elaborates on her experience with the program and expectations going in, and how her company ExpandHR works with its unique approach to onboarding, compliance, health tracking and easy to access regulatory information.

88Nine: Tap'd In
BMO Harris Pavillion 2020

88Nine: Tap'd In

Play Episode Listen Later Mar 12, 2020 6:10


Jordan and Piet talk about BMO shows and new seating prices for the lower bowl during Summerfest 2020.

88Nine: Tap'd In
BMO Harris Pavillion 2020

88Nine: Tap'd In

Play Episode Listen Later Mar 12, 2020 6:10


Jordan and Piet talk about BMO shows and new seating prices for the lower bowl during Summerfest 2020.

Life in the Front Office
Fundraising with Eric Shainock, BMO Harris

Life in the Front Office

Play Episode Listen Later Mar 11, 2020 17:34


Ep 7 on the Sports Biz Camps Series with Eric Shainock. We dive into his path, why he is involved, and why he believes in the mission of Sports Biz Camps.

Fintech Unfiltered, by Bank Innovation
How BMO Harris works with startups

Fintech Unfiltered, by Bank Innovation

Play Episode Listen Later Jan 14, 2020 19:19


In this episode of Fintech Unfiltered, Bank Innovation sat down with BMO Financial Group‘s Ben Schack to discuss the mutually beneficial partnerships between BMO and startups. 

Crain's Daily Gist
12/04/19: Behind The Industry-Stunning Sale Of A Craft Beer Pioneer

Crain's Daily Gist

Play Episode Listen Later Dec 4, 2019 18:00


Four years after a $1 billion acquisition deal, Constellation Brands sells Ballast Point to small brewer in the northern suburbs. Crain’s reporter Dalton Barker joins host Amy Guth to talk about the state of the craft brewing industry. Plus: Navistar is accused of bilking $1.3 billion from the Pentagon, a fast-growing freight-tech firm expands in Fulton Market, BMO Harris is cutting more than 300 local jobs and United Airlines places a 50-plane order for an Airbus jet. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

Beyond the Mouth: ADA's practice podcast
#13 Know Your Numbers: How to Apply for a Practice Loan

Beyond the Mouth: ADA's practice podcast

Play Episode Listen Later Oct 30, 2019 28:56


Kirk Dewart of BMO Harris pulls back the curtain on the practice loan application process, and how it's more important to track your credit than your debt.

CBA's Suite 550
Suite 550 Season 3, Episode 2

CBA's Suite 550

Play Episode Listen Later Oct 30, 2019


Ernie Johannson, CBA Board Member and BMO Harris’ Group Head of North American Personal & U.S. Business Banking, calls into Suite 550 to discuss being selected one of the Most Powerful Women in Banking, a decade of BMO Harris’ team of women leaders being named the Most Powerful Women in Banking and Finance, and how BMO has been a “bold leader in changing communities, building communities, supporting businesses, and helping consumers achieve real progress in their finances.”

ABA Banking Journal Podcast
Investing in Bank Leaders' Development

ABA Banking Journal Podcast

Play Episode Listen Later Jan 23, 2019 19:23


Bankers today require a broader understanding of technology issues, especially cybersecurity, while also needing deep grounding in core leadership principles, says former bank executive and current business school teacher Greg Smith on the latest episode of the ABA Banking Journal Podcast. “We need to make sure our team members, our employees, have the tools to do the right thing,” he says, adding that many cyber threats do not remain only at the enterprise level. “So much of our vulnerability is at that individual employee level.” In this episode, Smith — who served as SVP and CFO at Marshall and Ilsley Bank in Milwaukee before its sale to BMO Harris in 2011 and who currently serves as curriculum director for the ABA Stonier Graduate School of Banking — highlights Stonier’s two-track curriculum that focuses on leadership taught by Wharton School faculty, plus the core banking knowledge base. He also talks about the powerful “network effect” of a strong graduate banking program and the ABA-Wharton CEO Leadership Lab, now in its third year. Applications for Stonier and registrations for the Leadership Lab are open now.

Unlocking Innovation
Resetting the Standard for Innovation – Leslie Anderson of BMO Harris Bank

Unlocking Innovation

Play Episode Listen Later Jan 11, 2019 41:45


BMO – “202 years didn’t happen by chance,” says SVP Leslie Anderson of BMO Harris Bank on her company’s legacy […]

Building Chicago
Episode 009 - Adam & Diana with the BMO Harris Bank Magnificent Mile Lights Festival

Building Chicago

Play Episode Listen Later Nov 16, 2018 12:34


One of the coolest events in Chicago is the BMO Harris Holiday Lights Festival. Adam & Diana from the Magnificent Mile Association share some of the history of the event and what amazing things you can expect at this year's festival!

I Choose the Ladder
Ep 6 - Meet Leslie Anderson, SVP U.S. Head of Business Banking, Treasury - BMO Harris Bank

I Choose the Ladder

Play Episode Listen Later Oct 10, 2018 54:57


In episode six, you meet Leslie Anderson, SVP U.S. Head of Business Banking, Treasury & Payment Solutions at BMO Harris Bank. We discuss everything from mentorship to divine intervention and marriage, networking, how a $70 TJ MAXX sweater changed her life, and so much more.

ZimmCast
ZimmCast 597 - Next Generation on the Farm

ZimmCast

Play Episode Listen Later Sep 12, 2018 19:11


A Bayer Grower Panel during the Farm Progress Show focused on “Preparing for the next generation of ag – on and off the farm.” I interviewed the panelists which included Bob Arndt, Wisconsin farmer, Jill Bramble, Senior Vp & Chief Resource Development Officer, National 4-H Council, Greg Nickrent, Senior Relationship Manager with BMO Harris, Serena Woodard, 4-H and Jeff Waller, Wisconsin farmer.

CBA's Suite 550
Suite 550 Episode 9

CBA's Suite 550

Play Episode Listen Later Aug 30, 2018


The Office of the Comptroller of the Currency has released its anticipated advance notice of proposed rulemaking on the Community Reinvestment Act. This is the first step in modernizing the law, which was enacted four decades ago. CBA's President and CEO discussed the modernization effort and CBA's work on this important law with the Chair of CBA's Community Reinvestment Committee Sue Whitson of BMO Harris and CBA General Counsel Steve Zeisel. Listen to the Suite 550 podcast to learn more and read CBA's CRA goals here: https://bit.ly/2oinDGH

Off the Rails with Tom and Mark
Episode 40 - Summerfest

Off the Rails with Tom and Mark

Play Episode Listen Later Jul 10, 2018 63:29


Mark couldn’t make it for this episode so Jeff, the local legend is filling in again alongside Tom and they are recording from Summerfest at an event from our sponsors at Coldwell Banker Homesale Realty. They had a great time and talked to some very special guests in between bands at the BMO Harris stage. They start out talking with Jenny Kelly who are both Zumba instructors and we find out that Tom and Jeff knew nothing about Zumba. They also talk for a bit with Brian from Wisconsin Mortgage Group and then they sit and talk with Roy and the Appletones and Peter stops in to chat for a bit as well. He is a realtor with Coldwell Banker Homesale Realty and also the local music buff.

Painless Podcast
Ep 48: Julie Haferkamp (WISE + Mosaic) & Amy Potter (WISE + BMO Harris) PART 2

Painless Podcast

Play Episode Listen Later Jun 28, 2018 52:59


Painless Podcast episode 48: Julie Haferkamp (President, WISE Chicago / Sr. Director, Mosaic) Amy Potter (Chair & President Emeritus, WISE Chicago / Head of US Sponsorship, BMO Harris Bank) Part 2 of an excellent conversation. If nothing else, “Be a good human.” To connect with Julie: • LinkedIn = https://www.linkedin.com/in/juliehaferkamp/ • Email = julie.haferkamp@mosaic.com • Twitter = @rocknjewels To connect with Amy: • LinkedIn = https://www.linkedin.com/in/amy-potter-9616b51/ • Twitter = @amypotter00 To connect with WISE Chicago: https://www.facebook.com/WISEChicago/ WISE National: http://www.wiseworks.org ***** Sign up for your complementary Painless membership that grants access to other members, job and event postings and our email newsletter at: www.Painless.Network ***** Please support our partners: + Chicago Sport & Social Clubs – CSSC has another offer for Painless members: Volleywood is BACK! The biggest beach volleyball tournament paired with Summer’s best one-day music festival returns Saturday, July 14th to North Avenue Beach. This hybrid tournament-festival features the best DJs, delicious food and stocked bars, tons of volleyball and the incredible Chicago Skyline and lakefront as your backdrop. This year’s headliners include Matoma and Thomas Jack. This full day event is sure to deliver good vibes and VIP lounges with full amenities. Use code ‘CHICAGO5’ to get $5.00 off GA or VIP tickets at volleywoodchicago.com. + Monroestar - If you have website strategy, design or building needs, talk to Vinay and Dave at monroestar. They concepted, designed and built our terrific Painless.Network website. Head to monroestar.com to check out all their work. ********** About the Painless Podcast: Get to know interesting people, jobs and places to work in and around sports, events, start-ups and cause marketing world. Hosted by Chris Hartweg (@chartweg). Focusing on how and why they landed where they are and the role of mentoring and networking to get there. Other Painless links... Linked in: www.linkedin.com/groups/73710 Facebook: www.facebook.com/PainlessNetworking Twitter: www.twitter.com/PainlessNetwork Instagram: www.instagram.com/PainlessNetwork

Painless Podcast
Ep 47: Amy Potter (WISE + BMO Harris) & Julie Haferkamp (WISE + Mosaic) PART 1

Painless Podcast

Play Episode Listen Later Jun 26, 2018 64:18


Painless Podcast episode 47: Amy Potter (Chair & President Emeritus, WISE Chicago / Head of US Sponsorship, BMO Harris Bank) Julie Haferkamp (President, WISE Chicago / Sr. Director, Mosaic) One credits Chuck E Cheese for teaching her many of her client service skills – and then admits a “thing” for mascots. The other was convinced her attempt to explain how she was well-organized, yet flexible, that went terribly wrong, totally torpedoed her chance at a dream job. Both turned out much better than “just fine.” Amy and Julie are truly outstanding people. Hear more how they have earned their success and terrific reputations. To connect with Amy: • LinkedIn = https://www.linkedin.com/in/amy-potter-9616b51/ • Twitter = @amypotter00 To connect with Julie: • LinkedIn = https://www.linkedin.com/in/juliehaferkamp/ • Email = julie.haferkamp@mosaic.com • Twitter = @rocknjewels Connect with WISE Chicago here: https://www.facebook.com/WISEChicago/ Or WISE National here: http://www.wiseworks.org ***** Please support our partners: + Chicago Sport & Social Clubs – CSSC has another offer for Painless members: Volleywood is BACK! The biggest beach volleyball tournament paired with Summer’s best one-day music festival returns Saturday, July 14th to North Avenue Beach. This hybrid tournament-festival features the best DJs, delicious food and stocked bars, tons of volleyball and the incredible Chicago Skyline and lakefront as your backdrop. This year’s headliners include Matoma and Thomas Jack. This full day event is sure to deliver good vibes and VIP lounges with full amenities. Use code ‘CHICAGO5’ to get $5.00 off GA or VIP tickets at volleywoodchicago.com. + Monroestar - If you have website strategy, design or building needs, talk to Vinay and Dave at monroestar. They concepted, designed and built our terrific Painless.Network website. Head to monroestar.com to check out all their work. ********** About the Painless Podcast: Get to know interesting people, jobs and places to work in and around sports, events, start-ups and cause marketing world. Hosted by Chris Hartweg (@chartweg). Focusing on how and why they landed where they are and the role of mentoring and networking to get there. Other Painless links... Linked in: www.linkedin.com/groups/73710 Facebook: www.facebook.com/PainlessNetworking Twitter: www.twitter.com/PainlessNetwork Instagram: www.instagram.com/PainlessNetwork ***** Sign up for your complementary Painless membership that grants access to other members, job and event postings and our email newsletter at: www.Painless.Network

Advance Your Art: From Artist to Creative Entrepreneur
AYA055 – Use Money As a Tool To Live The Life You Want with Eric Rosenberg

Advance Your Art: From Artist to Creative Entrepreneur

Play Episode Listen Later Aug 30, 2017 57:20


Eric Rosenberg is an MBA graduate from the University of Denver and a full-time entrepreneur. His core business is freelance writing. His writing has appeared in publications including the Huffington Post, Business Insider, Investopedia, and many others. He has worked with brands including TD Ameritrade, SoFi, Betterment, Travelers, Citizens Bank, BMO Harris, HCC Medical Insurance Services, SelectQuote, Graphiq, and Turo. When he is away from the keyboard, you can find him on stage at conferences, events, businesses, and schools sharing inspiring words on personal finance, personal branding, managing a business presence online, and get started as an entrepreneur through a side hustle. When he is not busy hustling for clients, he is working on Personal Profitability (https://personalprofitability.com/) , a website dedicated to helping you earn more, spend thoughtfully, grow your wealth, and live a better life through mindful personal finance. Outside of work, he enjoys spending time with his wonderful wife and daughter, flying small planes as a private pilot, visiting new places around the world, enjoying electronic dance music, and enjoying the local community in Ventura, California. CONTACT http://ericrosenberg.com/ (http://ericrosenberg.com/) https://personalprofitability.com/ (https://personalprofitability.com/) BONUS: This podcast is brought to you by Audible. I have used Audible for years, and I love audiobooks. Click on the link to get a 30-day free trial, complete with a credit for a free audiobook download Audible.com (http://www.audibletrial.com/Yuri) QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.

Truth or BS Podcast
Minneapolis vs. St. Paul

Truth or BS Podcast

Play Episode Listen Later Mar 2, 2017 61:12


With Fair State and Tin Whiskers beers in hand, two Twin Cities mayoral candidates, a business owner, and a council member/pastor get together to discuss life and business from each side of the Mississippi River, with only one rule: no BS allowed. Featuring: Host Steve LeBeau – Editor-in-chief of Minnesota Business Magazine Captain Peter Hajinian – Copywriter at KC Truth Panelists: Dan Collison – Minneapolis Downtown Council member, Director of Downtown Partnerships, Executive Director for East Town Business Partnership and 2020 Partners, Lead Pastor at First Covenant Church. Jacob Frey – Minneapolis Mayoral Candidate, Third Ward representative on the Minneapolis City Council, first recipient of the City of Minneapolis Martin Luther King Jr. award. Pat Harris – St. Paul Mayoral candidate, Senior Vice President at BMO Harris bank, 12 year representative of Highland Park and Ward 3 on the St. Paul City Council. Trisha McGovern – Owner of the soon-to-be opened Boomshack Market on West 7th, came up in a colorful family that has long ties to the MPR, Keys Restaurant and McGoverns to name a few, lover of all things in the “Saintly City”. Music by Bill Lang Sponsors: Kruskopf & Company (KC Truth) Minnesota Business Magazine Fair State Brewing Cooperative Tin Whiskers Brewing Recorded live in the Truth Bar in downtown Minneapolis.

Barefoot Innovation Podcast
The Regulatory Sandbox : BMO's Nitish Pandey

Barefoot Innovation Podcast

Play Episode Listen Later Jan 16, 2016 70:58


Welcome to Barefoot innovation as we start into a fresh new year. Being appreciated! We are kicking off 2016 with a wonderful guest, Nitish Pandey of BMO, and also with exciting momentum for Barefoot Innovation. In December, we were named one of the top 9 fintech podcasts by FintechNews Switzerland. We are delighted to be counted among the best in the world, including the Breaking Banks show of my friend Brett King.  (If you’re enjoying Barefoot Innovation, please do consider donating to our efforts to produce it using the button below!)  Innovation Nation – fintech in the UK That recognition of our series was especially timely, because I was in London at the time to participate in a roundtable of the U.K.’s Financial Conduct Authority on the topic of today’s podcast. The FCA has taken the lead globally in proposing creation of a “regulatory sandbox” – a safe space in which financial innovators can experiment with ideas that might benefit consumers, but that could hit trip wires or raise concerns under today’s rules. Americans should focus on this: the U.K. has adopted a national strategy, from its top leaders on down, of becoming the fintech capital of the world.  One facet of that strategy is the FCA’s launch ofProject Innovate, which has  goals like this one:  “We promote competition through disruptive innovation − innovation that offers new services to customers and challenges existing business models.”  Consider that language – the regulator is explicitly “promoting…disruptive innovation.” The FCA’s efforts include creating an Innovation HUB that provides support for promising innovation, and a methodical review of how regulation impacts innovation. Last year they formally requested public input on two crucial questions: what regulations are impeding beneficial innovation, and is there a need for new regulations to foster innovation? While digesting the resulting comments, they put out their proposal on the sandbox concept. They’ve been sharing these ideas globally and exploring very creative approaches, like whether it would make sense to create a “virtual sandbox” in which innovators could test certain ideas through shared data, without exposing real consumers to any risk at all. Lawrence Wintermeyer of Innovate Finance, speaking at the FCA’s December sandbox roundtable, cited growing excitement around both “fintech” and “regtech.” He argued that London has the “tech” of the U.S. west coast, the “fin” of New York, and the “reg” of Washington – all clustered in one city where everyone can get together by public transport in fifteen minutes. The U.K. has other innovation advantages over the U.S., including a more concentrated banking system and a much simpler regulatory structure.  Startups are also attracted by the ability to “passport” UK activities throughout the European Union, offering easy access to large markets. All this contrasts sharply with the U.S. model in which innovators seeking national scale must undertake the complex process of securing either a bank charter or 50 state licenses, or both. Still, part of London’s innovation success clearly stems from deciding to value the upside promise of innovation, in addition to policing the very real downside risk. The FCA’s efforts include a conscious effort to be nimble – something that does not come easily to any regulatory system. The resulting vibrancy is palpable. On this side of the Atlantic In the U.S., the same thinking is gaining traction. Comptroller of the Currency Tom Curry has appointed anew task force for Responsible Innovation, as we discussed in our recent episode with him. The CFPB has its Project Catalyst innovation lab, and the Federal Reserve Bank of San Francisco held a conference last fall on the “(R)evolution Underway” in financial services, addressing “how technological changes are presenting opportunities and challenges for financial institutions while compelling regulatory agencies to think about how innovation impacts the supervisory process.” These U.S. discussions increasingly include exploration of creating a regulatory sandbox – which brings me to our guest for this episode. Nitish Pandey is Senior Vice-President & Chief Legal Officer, U.S. Personal & Commercial Banking, for BMO Financial Group of BMO Harris. He believes our financial ecosystem needs a safe sandbox in which to innovate (as did Jesse McWaters and Rob Galaski in our episode on the “Secrets of Fintech”). Nitish and I started discussing the sandbox concept last summer (before the U.K.’s proposal). I’d convened a roundtable on disruption of consumer finance and how to (and not to) regulate it. Nitish, whom I’ve known for years, came to the meeting armed with the most specific blueprint I had seen on these ideas. In the months since then, he’s refined it and shared it publically several times. The goal of a sandbox approach is to allow testing of pro-consumer innovation, while assuring that customers are still well-protected.  The issue has endless subtopics. For instance, is a sandbox really needed? How do current rules impede innovation -- if they do – and which ones are most problematic? Is it appropriate to use the concept of “risk tolerance” in consumer protection?  If so, can risks be defined? Can they be quantified and measured? And, if a sandbox would help, how should it be designed? Do regulators have the legal power to waive or suspend rules to allow experimentation and if not, should they? What standards should innovators have to meet? How would experiments be time-limited? What standards should be used to permit them, and to judge their success? If new ideas prove out, should they be publicized? Should the whole market be allowed to adopt them? If so, would this require extensive rewriting of current rules? Will innovators have sufficient incentive to enter the sandbox, if competitors can simply adopt the ideas they pilot (in contrast to, say, government approval of new drugs after testing that ultimately produce patents)?  How can innovators protect their confidential intellectual property?  Would agency pre-review of sandbox proposals bog innovation down in bureaucracy, defeating the purpose of the whole exercise? And perhaps most importantly, how should consumers in a sandbox be protected? What limits should be placed on potential harm to them? Should they be compensated for any harm and if so, how? What disclosures should they receive? Should they have to give consent? How would harm be quantified? While Nitish doesn’t try to answer all of these questions, he tackles many of the hardest ones. And he pinpoints a core issue that’s widely underestimated. The problem is not just rigid and potentially counterproductive regulatory requirements. It’s also the sheer cost and effort of implementing full-scope compliance for virtually any change.  If businesses can’t inexpensively test how customers would respond to an innovation, they won’t offer it. And they can’t test real-life response to new ideas today, without also building out massive compliance machinery – Nitish calls it the “pipes” – affecting nearly every function of the company. We’re in a “Lean Startup” world today where innovators grow by designing and refining a minimum viable product (MVP) through quick, intensive consumer interaction. Traditional companies can’t do this well, partly because their compliance systems weigh them down. Nitish has ideas how to design and execute a practical solution for this – without going bureaucrazy! Compliance as innovator? While I had Nitish with me, I also took the chance to have him share his advice on the revolution underway in the compliance function. He is the first bank compliance manager we’ve had as a guest, and a visionary in the field. He believes, as I do, that consumer financial protection is migrating from a rules-based system to an increasingly principles-based one. That shift is bringing permanent uncertainty which, in turn, requires deeply remaking the compliance management model. “It used to be, if you knew your regulations, you were fine,” he says in our discussion, whereas today’s compliance manager is a “true risk management professional who can be creative in the process and demonstrate excellent judgment as we rapidly move into an increasingly gray world.” He lays out the new role of compliance in today’s bank, why it’s needed, the key changes required, and how to make it happen. Nitish’s insight derives partly from his broad background. He has undergraduate and postgraduate qualifications in Law, Economics and Management in his native Australia and has held positions ranging from marketing to nearly every facet of risk management. He spent a decade at American Express in Compliance, Risk Management and Operations, focusing on consumer, small business and commercial portfolios. He was Deputy Chief Compliance Officer for American Express Centurion Bank, responsible for the oversight and implementation of the bank’s Compliance Program. In November 2014 he joined BMO as Chief Compliance Officer (CCO) for U.S. Personal and Commercial Banking. I hope you enjoy my talk with him as much as I did! More Links: BMO Bank Nitish’s slides from his presentation  The FCA's Project Innovate The FCA’s Paper on the “Regulatory Sandbox”  The CFPB’s Project Catalyst CFSI’s research on consumer financial wellness If you enjoy our work to bring together thought provoking ideas and people please consider a contribution to support the site. Donate Please subscribe to the podcast by opening your favorite podcast app and searching for "Jo Ann Barefoot", or in iTunes.    

Barefoot Innovation Podcast
The Secrets of FinTech: Jesse McWaters and Rob Galaski, World Economic Forum

Barefoot Innovation Podcast

Play Episode Listen Later Nov 25, 2015 62:08


If I had to choose just one episode of Barefoot Innovation to introduce listeners to the series, this is it. My guests are Jesse McWaters of the World Economic Forum and Rob Galasky of Monitor Deloitte, who co-led the WEF's landmark research project on financial technology (executive summary here).  Switzerland-based WEF focuses on public/private collaboration and is best known for hosting the annual global forum in Davos. When I first read news accounts of this report, I reached out immediately to Jesse and (new father) Rob to ask them to join our dialogue. It took some time to get together, but we finally met at the WEF offices in New York. It was more than worth the wait. They launched their study of the global evolution of fintech at the Davos meeting in 2014. By the summer of 2015, they had crystallized the keys to understanding it. Their work is built on extensive interviews and on the technique I increasingly see as the key to progress -- convening disparate participants. They held six meetings with traditional financial institutions, disruptive innovators, and regulators in the same room, grappling with the coming change. In their early meetings, the financial industry executives were interested in fintech and wanted to monitor it, but were not worried - Jesse and Rob call them "tepid" about its urgency. By the end, this view had reversed. My guests use words like "bewilderment," "paranoia," "enemies" and "invading the fortress" as they describe the financial industry's rising concern. They also see these concerns starting to give way to hopefulness about the opportunities. The 193-page study has a global scope, emphasizes the developed world, and looks at eleven areas where innovation is driving transformation. What's working? Here are some of the insights Jesse and Rob share in our conversation: While today's banks feel besieged by disruptors on all fronts, the study shows that innovators are actually mainly targeting specific spots where two key factors intersect - that is, where high friction and customer frustration exist in products that are highly profitable. One participant said they are, "skimming the cream." Recognizing these points of vulnerability can guide traditional companies in what to defend and where to allocate capital. The emerging models have certain key attributes -- they are platform-based, modular, data-intensive, and "capital-lite." The disruptors focus on "shadow" or "fringe" areas, avoiding the heavily regulated core world of deposit-taking financial institutions. They are serious about complying with regulations, but strategically choose the rules to which they will subject their businesses. They are using established assets to scale up, a la Uber, rather than investing in a long, expensive process of creating their own products and infrastructures. They are actively partnering with established institutions for this leveraging of both existing assets and infrastructure and also "regulatory permissions." (Interestingly, this is drawing some major investment companies into retail markets for the first time.) They are focused on controlling the customer experience, using their superior platforms and data analytics. A key subset are "mission-oriented" entities creating inclusive and affordable services to consumers and small businesses. Jesse and Rob mentioned Active Hours and LendUp as U.S. examples, in addition to the huge global potential in emerging markets. Advice to industry: Jesse and Rob discuss how all this is impacting the traditional industry, including this advice: Don't count out banks as an "old world industry." Address the twin pressures of having aging legacy operating systems and processes, clashing with the high demands of today's consumers, especially millennials. People increasingly want personalized, bespoke, low-cost services and are ready to trust online providers. Review and clean out the accumulation of old policies and procedures that prevent banks from creating a great customer experience. Don't make the mistake of viewing fintech as a one-year budget issue. Create a new enterprise-wide, multi-year investment model that is not controlled by the current owners of the business line P&L's. Explore merging models for learning, partnering, and "coexistence." Evaluate the wisdom, or folly, of essentially "outsourcing R&D" to the venture capital world until it figures out the winners and losers. Consider that financial institutions may be major players in shaping what will win and what will lose, especially since they have capital. Use their suggestions on how do innovation inside a traditional company. Expect upward age migration of fintech adoption - don't expect to retain even older customers to the end of their lives in old-style products. Watch for big changes in insurance offering options for bespoke, advisory, concierge models and radically new value propositions (they mention Oscar in the U.S. and Vitality in the UK). Understand the likely sequence in which products will be forced to change, and why - they explain this in our discussion Impacts on consumers: Rob and Jesse predict big changes for consumers, including vastly more choice, hugely better customer experience, better pricing, and much better insight into and control over their own financial lives. They also see rising risks and regulatory needs, including that consumers will be harmed by unsuitable, high risk products. Advice for regulators: Jesse and Rob also have insights for and about regulators. Some of the regulators who joined their meetings were among the most thoughtful people they encountered, but they also warn of a very wide delta between the "leaders and laggers" in the regulatory world. They predict likely regulatory arbitrage if that gap does not close quickly. They also emphasize the need for "regulatory sandboxes" (on that point, watch for our upcoming Barefoot Innovation episode on sandbox innovation with Nitish Pandey of BMO Harris). What next? The project plans to leverage its convening power to tackle further priorities. One is exploring the revolutionary potential of block chain technology and distributed ledgers, including and beyond bitcoin. Another is seeking innovation in managing digital identity, including expanded roles for banks. Might our bank someday help us buy a bottle of wine by sending not only the money, but by verifying our age! Enjoy the episode! References: Here are some of the resources and companies we discussed in this episode: World Economic Forum Full WEF report on The Future of Financial Services ActiveHours (accessing pay that's already earned) LendUp (online lending)                                                                                 Transferwise (payments innovation)                                       Oscar (health insurance in U.S.)                                                  Vitality (health and life insurance in U.K.)    Please subscribe to the podcast by opening your favorite podcast app and searching for "Jo Ann Barefoot", or in iTunes.                         If you enjoy our work to bring together thought provoking ideas and people please consider a contribution to support the site. Donate

Linked Local Broadcast Network
2014 Shakespeare in the Park with Jeffrey James Ircink Tamara Leigh's TREND ON

Linked Local Broadcast Network

Play Episode Listen Later Jun 4, 2014 29:00


Looking for creative ways to capture every minute of summer after a long dreadful winter? If you're in the Milwaukee area, put the Optimist Theatre's 2014 Shakespeare in the Park presentation of The Winter's Tale on your summer bucket list.  Playwright/Actor/Blogger/Self-taught photog/Favre Fanatic (oh so Wisconsin, we love our Pack), Jeffrey James Ircink joins us to get the word out about their upcoming production starting June 5 and running through the end of June. Shakespeare in the Park is FREE and held at Milwaukee's Kadish Park -- a unique outdoor amphitheater overlooking Milwaukee's city skyline also known as Selig-Joseph-Folz Amphitheatre. Thanks to The Optimist Club, BMO Harris and generous sponsors, actors, theater artists, the presentation affords a wonderful evening of summer fun and opportunity to enjoy the arts in Milwaukee's growing creative community. Join us on Tamara Leigh's TREND ON with Heidi Feemster LIVE every Wed. at 10:00am on the Linked Local Network. Follow us on twitter: @tamaraleighllc   @linkedlocalnet and tamaraleighllc.com and linkedlocalnetwork.com