Mr. Ronald Ingram
Director of Product Management, ADVANCE AMERICA, CASH ADVANCE CENTERS, INC.
Member of the Financial Services Council
Council Member Biography
Ron Ingram is the Director of Product Development at Advance America, a cash lending firm with 2400 retail locations. From 2002 to 2006, Mr. Ingram presided over product development at Dollar Financial. In 2000, he founded Beanstream.com, a payment processor with earnings exceeding 7MM dollars annually. Building on management experience with BMO and TD Bank in personal / commercial lending and payment systems (ATMs, ACH/EFT, Visa, Interac and Global Payments), Mr. Ingram has pioneered P2P payments, P2P lending, rewards for prepaid cards, and small dollar loan programs. He launched Visa’s first Alternative Financial Services (AFS) industry card and several of the largest prepaid card programs in partnership with Incomm, Peoples Trust, Moneris, Galileo and MasterCard, FSV, NetSpend, Metabank, FIS and more. He consults frequently on mobile payments, microfinance, P2P lending and AFS. He is also the inventor of a patent-pending, social media-based, credit scoring system and P2P/microlending system. (This is me - Update Profile)
Employment History
- 2006 - Unspecified
- Director of Product Management, ADVANCE AMERICA, CASH ADVANCE CENTERS, INC.
- 2002 - 2002
- Director of Business & Product Development, DOLLAR FINANCIAL GROUP, INC.
- 2002 - 2006
- Director of Business & Product Development, DOLLAR FINANCIAL GROUP, INC.
- 2000 - 2001
- CEO, Solutions America
- 1999 - 2000
- President & Founder, Beanstream Internet Commerce, Inc.
- 1997 - 1999
- Area Manager Business Banking Services, TD Bank
- 1996 - 1997
- Commercial Account Manager, BANK OF MONTREAL
- 1995 - 1996
- General Services District Manager, AUTOMATIC DATA PROCESSING, INC.
- 1993 - 1994
- Financial Advisor, MERRILL LYNCH GROUP, INC.
- 1990 - 1993
- President, Gallery 1450
- 1987 - 1991
- NCIOP, Department of National Defense
GLG NewsSM Analyses by Ronald Ingram
GLG News is now G+ Insights
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G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.
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Bank of Innovation: What would it look like to you? Part II
July 24, 2011
A New Bank and Bank Model: A Bank of Innovation: What would it look like to you? | by.optimost.com
Continuing from my prior post of the future of banking and bank innovation...P2P lending may be the next big thing in banking; however, the business model and platform introduced by Zopa and Prosper, even though copied by more than forty companies around the world, (http://www.glgroup.com/News/The-P2P-Lending-Landscape-51458.html) is not workable for banks in its current form.
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A New Bank and Bank Model: A Bank of Innovation: What would it look like to you?
July 22, 2011
A New Bank and Bank Model: A Bank of Innovation: What would it look like to you? | www.gplus.com
The bank of the future looks like no bank at all. A convergence of emerging technologies, as follows, will enable a future form of bank that will be a bank in name and regulation only. The bank of the future looks like no bank at all. A convergence of emerging technologies, as follows, will enable a future form of bank that will be a bank in name and regulation only:
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2011 Startup WingCash – The Next Generation of Money?
January 1, 2011
New Digital Currency: Send Coins and Bills on the Internet without Fees | wingcash.com
ProPay Founder, Bradley Wilkes started the WingCash beta in South Carolina December 21, 2010. WingCash is a Salt Lake City, UT based payment technology startup described as “a simple way to send and receive cash on the internet”. WingCash offers merchants a means of accepting electronic currency without risk of charge-backs or interchange costs. Unlike checks and ACH, WingCash is irrevocable.
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November 11, 2010
P2P Lending Service Aqush Raises Capital from VC Fund 500 Startup | www.wiseclerk.com
In January 2010 Gartner predicted lending volume of 5 billion US$ would be achieved by P2P Lenders in 2013 and recommended that banks begin seeking to enter the space through partnerships with existing P2P lending companies. Leading venture capitalists have invested hundreds of millions in various P2P lending models and investment even through the recent recession continues. Japanese start-up Aqush is the latest to be funded and more are on the horizon.
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Amazon's Core Book Business is Vulnerable to iBook, iPad, iTunes Bundle
July 27, 2010
Tablet Wars: Amazon vs. Apple | www.fool.com
The article indicates that digital book sales are overtaking paper. The adoption of digital books represents an opportunity for Apple and a significant threat to Amazon. Today Amazon has the largest selection of books but digital inventory management, shipping etc. is cheap. The iBook has prime real estate on the iPad and the fastest most convenient digital check-out process. iPad's come with iBooks preinstalled. If customers find what they want they won't buy from Amazon.
GLG Study Groups with Ronald Ingram(?)
| Study Group Name | No. Members |
|---|---|
| Online Payment Experts | 785 |
| Core Bank Processing Experts | 561 |
| Point-Of-Sale (POS) Terminal Experts | 549 |
| Credit Bureau Experts | 497 |
| Stored Value Credit Product Experts | 425 |
GLG Live Meetings with Ronald Ingram(?)
Ronald Ingram has not participated in any GLG Live Meetings.
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