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Well, it might finally be happening. The recession that has eluded for the last 12 years is right on our doorsteps. Recessions aren't new, and the economy will be fine. However, recessions mean that lenders have to work differently. Rather than focusing on speed, competition, and growth, lenders generally have to invest far more time in keeping their existing business safe, rather than generating new business.

The leveraged lending market may have finally met its match in the Coronavirus.

All of us have seen the FinTech revolution that's taken place over the last few years. I never expected to see a FinTech acquire a bank.

There's an unsustainable trend in business lending. The lenders prioritize speed over credit quality.

I thought I knew about bank competition until yesterday.

When I was handed the keys to the engineering organization at my previous company, I did what I knew: I jumped in head first and focused on the architecture and code. And I thought I was doing a great job. We successfully scaled the platform to handle a massive influx of traffic, delivered features (mostly) on time, and had several extremely satisfied enterprise customers. But there was always a sense of misalignment and distrust in our executive meetings. We struggled to agree on strategy and priority. Requirements were ambiguous and couldn’t be clarified. Delivery expectations were kept hidden and artificially padded without collaboration. We were successful, but something was preventing us from becoming a well-oiled machine.

Somewhere above the Atlantic Ocean, I took a break from writing this blog to watch The Black Panther (for a third time). There is a scene where T’Challa objects to his sister Shuri’s newly-developed technology because the technology that he was already using worked well enough for him. Shuri’s response was, “just because something works does not mean it cannot be improved.”

A company is simply a group of people working toward a common goal. Companies are most successful when the best and brightest people are aligned, happy, and learning.