Persona-comments-Bill Anderson retired banking CIO - Revision history

Bill Densmore: Persona-comments-Bill Anderson banking CIO moved to Persona-comments-Bill Anderson retired banking CIO: asdf

2011-04-22T23:07:45Z

Persona-comments-Bill Anderson banking CIO moved to Persona-comments-Bill Anderson retired banking CIO: asdf

← Older revision	Revision as of 23:07, 22 April 2011
(No difference)

Bill Densmore at 23:05, 22 April 2011

2011-04-22T23:05:49Z

← Older revision		Revision as of 23:05, 22 April 2011
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			<small>Source: Email received April 22, 1011</small>

			==="Competitors working together for the betterment of all"; the time for debate is over===

	Let me preface my comments with a description of my background. I am a		Let me preface my comments with a description of my background. I am a
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	We, in the banking business rely on information systems technology for our		We, in the banking business rely on information systems technology for our
	very existence and without agreements ~~amongst~~ ourselves we could not provide		very existence and without agreements among ourselves we could not provide
	our customers with the ability to transact business in any part of the world		our customers with the ability to transact business -- in any part of the world
	instead of just in their own neighborhoods. We do that by joining together		instead of just in their own neighborhoods. We do that by joining together
	in associations or ~~consortiums~~ that administer rules of operation and		in associations or consortia that administer rules of operation and
	behavior. The ACH, VISA, MasterCard, Bankwire, International Wire Transfer		behavior. The ACH, VISA, MasterCard, Bankwire, International Wire Transfer
	are just a few of the many networks whose services provide communications		are just a few of the many networks whose services provide communications
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	the banks themselves without governmental help or regulation.		the banks themselves without governmental help or regulation.

	Banking is not the only business that relies on cooperation ~~amongst~~		Banking is not the only business that relies on cooperation among
	competitors for effective and efficient operation. The telecommunications		competitors for effective and efficient operation. The telecommunications
	business is another example. Local phone companies cooperate with long-lines		business is another example. Local phone companies cooperate with long-lines
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	Auburn, Wash. <br>		Auburn, Wash. <br>
	wlanderson@qwest.net<br>		wlanderson@qwest.net<br>

			[[Category:Persona-comments]]

96.233.185.34: New page: Let me preface my comments with a description of my background. I am a retired banking system technologist and operational executive. I spent over 40 years in the back office of some of ...

2011-04-22T23:01:08Z

New page: Let me preface my comments with a description of my background. I am a retired banking system technologist and operational executive. I spent over 40 years in the back office of some of ...

New page

Let me preface my comments with a description of my background. I am a
retired banking system technologist and operational executive. I spent over
40 years in the back office of some of the largest banks in the country. I
have no experience in the news or publishing industry, but what I do have is
experience with competitors working together for the betterment of all.

We, in the banking business rely on information systems technology for our
very existence and without agreements amongst ourselves we could not provide
our customers with the ability to transact business in any part of the world
instead of just in their own neighborhoods. We do that by joining together
in associations or consortiums that administer rules of operation and
behavior. The ACH, VISA, MasterCard, Bankwire, International Wire Transfer
are just a few of the many networks whose services provide communications
technology that allow for the flow of the information required to conduct
our business. The systems that manage these networks were all developed by
the banks themselves without governmental help or regulation.

Banking is not the only business that relies on cooperation amongst
competitors for effective and efficient operation. The telecommunications
business is another example. Local phone companies cooperate with long-lines
companies and cell phone companies to manage the flow of traffic. They have
comprehensive accounting systems that settle and clear payment information.
They compete in the market place, but cooperate in the back office so their
customers can use their phone to reach anyone in the world.

Bill Densmore has recognized that the only way for the news industry to
survive is to join together and form an association of competitors (the ITA)
and develop your own network. I don't mean that you have to buy a lot of
expensive equipment and spend hundreds of millions of dollars developing
software. Much of what you'll need is already available and relatively
easily adaptable for your use. Micro accounting systems used by cell phone
companies are very mature and easily adaptable. Clearing and settling
systems are well established in the banking system. Inter-operability
between web sites is well established.

The challenge facing the news industry is not a technical challenge, nor is
it a challenge of a lack of customers. The challenge is facing the fact that
no one is going to solve your problem for you. The time for debate is over.
Unless you ACT now you will lose the opportunity to determine your destiny.
Bill Densmore has painstakingly and eloquently laid out a pathway for you.
You need to do this in order to take charge of your destiny: DO IT NOW OR
FOREVER HOLD YOUR PEACE!

Bill Anderson<br>
Auburn, Wash. <br>
wlanderson@qwest.net<br>