THE FINTECH COWBOYS

UNCLE SEAN'S WEEKLY UPDATE

Happy Friday!!! Due to the Thanksgiving Holiday (hope everyone had a great one), we are producing a fairly abbreviated update this week.  Don’t forget to sign up here to have the Uncle Sean Update sent direct to your inbox each week!  Here is the Uncle Sean Update for 11/26/21 Jerome Powell gets the “nomination nod” to lead the Federal Reserve as Chairman for a second term; and Lael Brainard to serve as vice-chair. FinWise Bancorp announced the pricing of their IPO late last week at $10.50...

Happy Friday & Happy Thanksgiving wishes for next week!!!   Turkey Day is right around the corner which means the annual two month carb loading binge starts in 3, 2, 1, and GO!!!!!  Don’t forget to sign up here to have the Uncle Sean Update sent direct to your inbox each week; and tell all your friends too!!!  Here is the Uncle Sean Update for 11/19/21: A special shout out to Locality Bank for obtaining FDIC approval!!!  Looking forward to seeing South Florida’s latest de novo bank open up...

Happy Friday!!!   Sign up here to have the Uncle Sean Update sent direct to your inbox each week!  Here is the Uncle Sean Update for 11/12/21: October Consumer Price Index (CPI) came in at a red hot 6.2% this week and is the biggest inflation surge in 30 years.  Core inflation (excludes food and energy) increased 4.6% - another 30 year high.  Check out the 26.4% increase in used cars and trucks in this BLS CPI Detail report – OUCH!!!  It will be interesting to see how much CPI “normalizes”...

Happy Friday!!! Don’t forget to sign up here to have the Uncle Sean Update sent direct to your inbox each week!  Here is the Uncle Sean Update for 11/5/21: It’s Fed Week, and something happened this time - LOL!!!!  Finally, the FOMC announced that they will begin tapering the $120B bond buying program by reducing the amount of Treasury Securities by $10B and MBS by $5B each month beginning in November and December.  After December, the FOMC stated that “similar reductions in the pace of net...

Happy Friday & Happy Halloween!!! I can’t believe that Monday is November 1st already – well they say that time flies when you’re having fun; and this year is FLYING by!!!  Don’t forget to sign up here to have the Uncle Sean Update sent direct to your inbox each week and avoid FOMO!  Here is the Uncle Sean Update for 10/29/21: It’s Halloween Weekend and Cybersecurity Awareness Month – so here is a terrifying article from CoinDesk detailing how criminals “can pay as little as $150 (usually...

Happy Friday!!!! This week we are coming at you live from our FI Fintech Roundup in wonderful Fredericksburg – deep in the heart of the Texas Hill Country!!!!  We are winding it down today and It has been CRAZY AWESOME!!!  I know that we will have a ton of updates, pics, and stories coming out next week (I think we broke LinkedIn yesterday, LOL) – but if you missed it this year, be sure to hit us up early (like next week) as this event books up FAST!!!!  One quick plug about our Bankers...

Happy Friday!!!  Sign up here to have the Uncle Sean Update sent direct to your inbox each week.  Here is the Uncle Sean Update for 10/15/21: Straight from the get-go this week, Uncle Sean goes Off The Rails.  What is this ‘Off the Rails’ you ask???  This is my warning that an unsolicited op-ed will ensue; so you can skip it and scroll down if you like.  It is intended as opinion and designed to spark debate, thought, and maybe even change; and I always welcome all comments, criticisms, and...

Happy Friday!!!  Sign up here to have the Uncle Sean Update sent direct to your inbox each week – EVERYBODY’S DOIN’ IT!!!!  😊  Here is the Uncle Sean Update for 10/8/21: If the month of October wasn’t spooky enough, it’s fitting that it is also Cybersecurity Awareness Month so I thought it would be prudent to kick us off with a few facts: Feedzai (cloud-based financial crime management platform) released their most recent Quarterly Financial Report (nicely done report by the way) this week...

Happy Friday and happy first day of the 4th quarter (WOW)!!!  Don’t forget to sign up here to have the Uncle Sean Update sent direct to your inbox each week.  Here is the Uncle Sean Update for 10/1/21: In an abrupt shift in direction, Google is abandoning its ambitious plans to offer bank accounts dubbed Google Plex after two years in dev mode.  Bobby Button and I were just talking about Google Plex a few days ago and how it had seemed to have gone dark.  Google mentioned that they instead...

Happy Friday!!! FinTech | Banking | Data – it’s what we do!  Make sure to sign up here to have the Uncle Sean Update sent direct to your inbox each week.  Here is the Uncle Sean Update for 9/24/21: Right off the bat – I want to give a special shout-out and huge congratulations to First Women's Bank for their Grand Opening and Ribbon Cutting Ceremony this week!  OUSTANDING!!!!!  It’s Fed Week!!!!  Feel free to scroll down while I geek out – LOL!!!  Spoiler alert – nothing happened….  Again….. ...