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Commentary » Commerce Fault Line
It can’t be fun being a banking executive these days. Your herd is being thinned, your bonus is under scrutiny, new laws are limiting your business and driving up the complexity of regulatory compliance, and you might take the fall for the Great Recession . Still, real challenges may lie beyond these "road bumps", in the form of a gathering threat to the foundation of banking: retail deposits. This is no trivial matter. Given the demonstrated limits of securitization, the need to reduce leverage, and the strings attached to government funds, retail deposit are a critical source of funding for the future of any diversified financial services provider.
The 4th quarter of 2009 is definitely starting to feel like the dawn of a new age for e-commerce, with many attempts to integrate commerce with social computing and mobile use cases. Many companies are vying for a spot as the primary gateway to payments, thus fueling a new round of innovation.
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