Blog Posts

Are cybersecurity programs shaped more by perception than reality? Let's apply a little quantum theory to find out. In 1935, Erwin Schrödinger, an Austrian physicist and a founding father of quantum theory, offered a thought experiment about quantum physics to explain how scientific theory works. Schrödinger stated that if you placed a cat and something that could harm the cat in a box and sealed it, you would not know whether the cat was dead or alive until you opened the box. So until the box is opened, the cat is (in a sense) both. Setting all cats safely aside, the premise is that a scientific theory is right or wrong until it is tested and proven.

Commercial bankers broadly recognize that their financial institutions (FI) have a problem with the onboarding process for clients when it comes to their treasury products and services. When a business decides to utilize an FI’s cash management products and services, a set of expectations is established through the sales process that transitions that business from a prospect to a new client.