American TV series

Chapter 359 Banking Business Expansion

Sean wants to start a credit card machine business, he really wants to!

A while ago, old man David said that he should put his energy back into the country. Sean also thought this was true, so he thought hard about it for several days.

Finally, I set my sights on the credit card machine!

The reason why he did this was because Sean wanted to open up another track.

At present, Sean's domestic layout in the United States is mainly in the media industry, in order to control a part of the public opinion mouthpiece. Of course, the profits of this thing are not small.

Well, it’s not that small, there are too many more profitable industries.

The advantage of the media is that it can win over many people. Regardless of politics or business, no one wants to talk about a media tycoon and be put in the media to smear him all day long.

But to say how much impact this thing can have on the United States, well, it should be very big, but it is all sideways.

For example, the four major grain merchants do not make much money, but their impact is real.

I digress, but having said that, what is the most influential thing in the United States, or in capitalism?

It's money!

That’s a lot of money!

Looking a little deeper, it's cash flow.

Huge cash flow!

It's just that the banking industry is either controlled by a large conglomerate in the United States or by Wall Street, and Sean has no way to get involved.

The previous Sean Bank was created by Sean in order to facilitate his own money collection and maximum utilization of funds.

Later, when the Mafia went overseas, Sean Bank followed and expanded to Colombia. Recently, the umbrella has made a big splash in Southeast Asia and expanded to Southeast Asia.

Even though it is an international bank, the amount of funds it can mobilize is really impressive.

There is no need to compare with others, not even with Ocean First Bank in Gilbert, New Jersey.

So, can we open up a track in the banking industry?

The answer is yes!!

Gather the sand to form a tower, gather the armpits to form fur.

One or two retail industries may seem inconspicuous, but the retail industry has the largest cash flow.

In later generations, there were so many companies in the POS machine business, national and provincial, and there were even several in one city.

The charges are extremely low and the card machine is delivered for free. Why?

Maintenance costs nothing?

No, PSO machine companies are interested in flow.

The general POS machine should be in T+1 mode, and it is normal mode.

One day, tens of thousands of shops turn over money. What a huge amount of cash. It’s such a punishment to have such a large amount of cash lying on the account!

Well, many of them are punished!

This track has not been opened yet. If Sean builds it himself, then the T+ number is not up to him.

What is an industry standard? jpg

If you develop your own business and monopolize relevant technology patents, who dares to infringe on your own rights?

Damn it, give him a fart!

If you wait for others to develop and bypass patent barriers, you will have a first-mover advantage of at least half a year to a year, so how much coverage can you have?

At that time, I will use some stumbling blocks, use dirty tricks, coercion and inducement. If I can buy someone else, it is best. If I can't, I will sue him!

Patent disputes prevented him from commercializing.

Various methods are used, as long as a few major consortiums do not end up, Sean is sure to capture most of the market.

How much cash flow is that?

Can make people crazy!!

The impossibility of Monroe Deaf's words could not extinguish Sean's enthusiasm, and he still didn't believe it.

IBM has it all, just a credit card machine...

…

Although IBM is a giant company in the computer industry, its headquarters is not in Silicon Valley, but in Armonk, New York.

Hello New York State, hello Rockefeller turf!

Sean flew over directly from the helicopter. Now, even if Sean doesn't use Rockefeller's name, it is easy for him to meet people from IBM.

Yates Donahue, 45 years old, a technical director at IBM, Sean did not find any secret place, he just booked a cafe not far from the IBM headquarters.

Good guy!

There were four bodyguards at the door with bulging waists and obviously carrying guns. There were four cars parked nearby. The windows were open, and all the people inside were strong men in camouflage uniforms. They kept passing over the pedestrians nearby.

He almost had his bad intentions written all over his face.

All pedestrians were detoured.

Americans like to highlight their individuality, like challenges, and like to seek death, but...

No one really came up to provoke me.

Yates Donahue was a little dumbfounded when he parked the car nearby. He stuck his head out of the car and looked at the store's sign. If he hadn't come here often, he would have thought he was on a Hollywood filming set.

What a spectacle!

A man in a black suit walked up to the car and bent down and asked, "Is that Mr. Yates Donahue?"

"Our boss is waiting for you inside!"

The corner of Yates Donahue's mouth twitched slightly, he got out of the car, opened the door and walked into the coffee shop. As soon as he saw the empty coffee shop, he knew what was going on. It was reserved.

I can't help but sigh that he is indeed a super rich man. He is young and frivolous and spends money so lavishly.

In fact, it doesn’t matter if you don’t reserve the venue. How careless is it to sit here and drink coffee with such a posture!

"Mr. Yates Donahue, good afternoon." Sean greeted him personally, giving him enough respect.

"Hello, Mr. Sean, hello, nice to meet you." Yates Donahue walked over quickly.

After shaking hands and greetings, Sean led the people to a seat and sat down.

Not by the window.

The security team prohibited Sean from sitting by a window in public places with a clear view.

ε=(ο｀*))) Alas, the life of rich people is so boring.

After serving coffee and a few token chats, Sean got to the point, "I have a question for consultation. Here is the consulting fee and here is the confidentiality agreement."

As he spoke, he pushed a check and a contract over.

Yates Donahue looked down and his pupils shrank.

$500,000!

This is so fucking arrogant!

Although he is a technical director at IBM, which sounds very high-level, the current IBM is not one of the three IOE giants in later generations. This was only 1987!

His annual salary is only over 100,000 yuan, which is 8 times the per capita GDP. This is already a high salary.

Hey, even the veterans like Sean and others look down on this little money, bah, shabby.

Looking at the 500,000 check, Yates Donahue had the urge to resign and call him dad.

Dad, tell me what you want me to do!

He took the check, said nothing, picked up the confidentiality agreement and signed his name.

He didn't even read the content, it was meaningless, he wished it was a contract to sell himself.

After signing, Sean took back the contract, and someone walked by and placed the handheld card machine on the table.

"A terminal specially designed for swiping bank cards. Of course, it can also be used for other cards. This company belongs to me."

"Now, I need a system that can connect this terminal to various shops in the city through telephone lines, such as this coffee shop."

"Guests don't need to bring cash. They only need to use a bank card. They can directly transfer the money from the bank card to the store's account on this terminal. Can this function be implemented?"

Yates Donahue frowned and said it very clearly, one card, one terminal, connected bank account.

After a long while, Yates Donahue looked up at Sean and said, "Technically, it is completely achievable. Both the telephone network and coaxial cables have been laid throughout North America."

"Oh, that's fine!" Sean's eyes lit up, and he knew there was absolutely no problem.

"I'll use New York State as an example." Yates Donahue dipped his finger into some coffee and drew a small circle on the table. He thought that Sean might not understand, so he tried to be as simple as possible. "The first choice is to have a large server and allocate storage.

For all data, branch servers are set up in each city, and various stores in the city are connected through telephone lines to achieve data connectivity."

"It would be even simpler if New York State cooperated with banks in various cities."

"I have my own bank, and I can open stores across the country. Even if I don't open one, it's no problem to build service stations." Sean added.

"Then there is no problem technically. The data of one city is processed in the city's branch system, and the data between cities is comprehensively processed by the state's main system. The hierarchy is structured and the server can fully bear this workload."

"Two difficulties. First, multiple banks cannot coordinate. It is not that data cannot be exchanged across banks, but because of security factors, it can only be handled individually."

"If you don't want other banks, just use mine."

"Then there is one remaining issue: security. Any terminal can connect to the bank database. This is extremely unsafe. Although there are very few people who understand this thing, it is not safe after all, and a large amount of data flow is also unsafe.

It will inevitably have an impact on the main system of the bank." Yates Donahue frowned more and more. The 500,000 cannot be taken in vain, he must give a complete solution.

Hearing Yates Donahue mutter, Sean tilted his head and thought about it. There will be solutions to these things in later generations, but he is not familiar with them after all, so he has to go through them bit by bit from his memory.

No one spoke. Yates Donahue was drawing on the table with his coffee in his hands. He wanted to come up with a technical solution.

"Hey, do you think this will work?" Sean's eyes suddenly lit up, and Yates Donahue looked up in confusion.

"A card is specially opened for customers. There is no money in the card, and you can't save money. There is only a fixed limit, um, credit limit." Sean thought of credit cards, but he couldn't apply them completely. "It's like doing it alone."

A banking system is completely separated from the existing banking system, so there is no interoperability in data and there will be no security issues."

"And the credit limit is fixed, so it's impossible to spend money randomly."

The more he spoke, the brighter Sean's eyes became, "For example, Yates Donahue has an annual salary of 180,000 and a monthly salary of about 15,000. Then I can calculate your repayment ability based on your monthly salary and open a monthly consumption 1 for you.

Thousands of credit cards.”

"I understand!" Yates Donahue shook his fist excitedly, "This is easy, because there is only a deduction, and the data that needs to be processed will be reduced by half. What's more, I live in Armonk all year round.

, In fact, most of the consumption data is processed in Armonk, and the molecular server here will record the amount of money I consume in a day and how much money is left."

"I can't suddenly travel from Armonk to New York. Then, it only takes a few hours or more for the molecule server in Armonk to upload the data to the main server in New York State to update the data."

"It's similar in other cities. Even if you have to travel manually to carry data every day, it's enough. In fact, it's completely affordable through phone lines."

"Well, there is no need for such large data transmission between states. After all, only a few people consume across states."

"After it is released, it is enough to update a small amount of user data. This is not difficult. Our current banking system can complete this operation. You can deposit money in New York and withdraw money in Los Angeles."

"It's actually very simple. Just start a separate sub-section under the banking system. Even if the data is not updated in time and the limit is exceeded, it doesn't matter. Just deduct the credit limit for the next month."

"We have the right to recover credit currency. No one dares to owe debts. Well, a small amount of bad debts can be tolerated."

"The credit limit is fixed for one month, in units of months, and updated on a fixed date. Well, you can also pay it back in advance. You can go to the bank to repay the money, and you can continue spending after updating the data."

"Bah bang bang bang..." Sean raised his hands and clapped, great, great, "Bad debts are intolerable, no one can owe me money unless he is dead!"

"Uh..." The corner of Yates Donahue's mouth twitched. Well, he forgot that this guy was the boss of the Umbrella Company, a murderous guy.

Sean didn't care what Yates Donahue thought, and just asked with a smile: "Since you have thought of the plan, then you have also figured out the plan for laying out the entire system. The servers are not just from IBM."

"Oh, good, IBM must not do what he wants." Yates Donahue nodded, "IBM's server is the most stable, but you have to find Microsoft to customize the system for the credit card machine."

"Wait!" Sean stood up suddenly and stared at Yates Donahue. He was so excited that he couldn't control himself. He was so powerful that he unleashed his murderous aura without any reservation.

Yates Donahue's whole body tensed up. For some reason, it was as if he had encountered a natural enemy on the food chain. Just by being looked at like this, his hands and feet became cold in shock. His whole body was stiff and he couldn't move. He was sweating uncontrollably.

The ground seeped out from under the skin. In just a short moment, the clothes were soaked through, and the head was covered with sweat.

This look made Sean stunned for a moment, but then he realized that he was scared.

He coughed lightly, collected his thoughts, and started over again. Then he reached out and patted Yates Donahue on the shoulder, "Come back to your senses, come back to your senses."

"Ah, ah, oh oh... Phew!" Yates Donahue raised his head to wipe his sweat, panting heavily, lowering his head, not daring to look at Sean. What he did just now really frightened him.

Now he is no longer stiff, but his whole body is soft, as if he has just been squeezed by several women in turn, and he cannot squeeze out any strength from the soreness.

Sean rolled his eyes, it was really troublesome, and asked someone to bring another cup of coffee to Yates. He drank it bit by bit, and then he calmed down.

"Did you just mention Microsoft?" Sean asked aloud. He felt as if he had forgotten something very important, but he couldn't remember it.

When Yates mentioned it, he immediately realized, Damn, time traveler, how could he forget Microsoft, the company with the highest market value in the future, and the apparently richest man!

"Ah yes." Yates Donahue said with a soft voice: "IBM's system service partner. Normally, the bank's database must use Oracle, but the main user group of your system is individual merchants.

, the operating system on the terminal needs to be re-customized."

"Oh, yes, yes, there is Oracle!" Sean clapped his hands heavily, damn, it's coming, it's coming.

Yates Donahue glanced at Sean secretly, wondering why this guy suddenly became ill. Is he crazy?

"Come on, come on, tell me about Microsoft, what's going on with them now." If you're a time traveler, you won't forget about Microsoft and Apple.

After Sean made a fortune and had some money, he checked the stock market. It turned out that Microsoft was not listed at all and was penniless.

Sean checked Apple again, and it was listed on the market on December 12, 1980. It set a lot of historical records on the day it went public. By the time Sean looked at the stock market, Apple was already one of the top 500 companies in the world, and it was history.

Fastest record.

Sean left with tears in his eyes.

Apple, wait, Sean doesn't remember the specific trend, but he remembers that Apple will slowly enter its lowest point, and then after the 'Plague House', it will ask Lao Qiao to come out, and it will be out of control, so he will wait until 90 years before acquiring it.

Apple stock is just fine.

A few years in advance, that’s enough!

He cares more about Microsoft now.

"Microsoft, nothing happened."

"Tell me what you know."

"Well, Microsoft released Microsoft Windows 1.0, a personal computer operating platform." Yates Donahue looked at Sean secretly and said cautiously.

"Any more?"

"Well, it was listed last year. In March 1986, the stock trend was very good." Yates Donahue said tentatively again.

"Okay." Sean squinted his eyes with a satisfied look on his face and shook his head, "That's great! Ah!"

Yates Donahue thinks Sean is a psycho.

"What about the Oracle?"

"The annual sales are US$55 million. It was also listed in the same period last year, and the stock price trend is also very good."

"Okay, that's great!" Sean continued to shake his head.

Sean sat there and said nothing. Yates Donahue had nothing to do and felt uncomfortable all over. He raised his hand and looked at his watch, "Now, does Mr. Sean have any other instructions?"

"Ah, no, I'll contact you later, but then there's a high probability that we'll be negotiating with IBM!" Sean said with a smile.

"Okay, call me anytime if you need anything." Yates Donahue quickly stood up and walked out.

Sean leaned back on the chair, laughed for a while, and then waved Norris over, "Contact me Jordan Belfort."

Norris dialed the number, and Sean took it and directly ordered: "Help me operate it, I want to buy all the Microsoft and Oracle stocks on the market."

Sean has a personal account on Wall Street and has been entrusting the Wolf of Wall Street to operate it on his behalf.

"Of course that's no problem, as long as you have money." Jordan Belfort answered simply.

"Money is not an issue. I will send you 100 million US dollars later. You can use it first. Also, don't raise the price too high."

"certainly."

After hanging up Jordan Belfort's call, Sean told Norris, "Remember, don't forget. In half a month, the news will come out that I am more interested in Microsoft and Oracle. I want to acquire their shares. Which shareholder

If you want to sell your stocks, please contact me.”

"Okay, I've written it down."

According to U.S. stock market regulations, after the IPO, the shares held by shareholders will enter a lock-up period of one year.

No stocks can be sold during this year.

After expiration, the stocks that can be sold in March cannot exceed 1% of the outstanding shares. For executives, directors, etc. of listed companies, the total transaction volume of such people every three months is more than 50,000 US dollars or the transaction volume exceeds 5,000 shares.

When applying, a written application should be made to the relevant agency...

Anyway, there are a lot of messy restrictions, but one year after listing, many shareholders will indeed start to sell their stocks to cash out.

After all, if you finally become a millionaire or multi-millionaire, you will definitely improve your life.

All I can say is that Sean's timing is really coincidental. One year has just passed and he is still in the first three-month cycle.

Okay, great!!

What old man David said is indeed right, it is time to return to China to work hard.

Look, look, I didn’t find so many business opportunities just after I came back!

This money is like being blown by a strong wind!

Fuck, now I want to see who is calling me a loser!

I, Sean, am rich!!

After happily arranging things, Sean felt more at ease. He had figured it out, and now he could work hard, even if he was always the loser.

When the Internet age comes, there will be nothing left to do!

They all belong to me!

Anyone who dares to rob him will be destroyed!

The richest man in the world, I, Sean, have taken the seat!

After feeling beautiful for a while, Sean came out of the coffee shop, got in the car, transferred to a plane, and went all the way back to Newark.

…

After talking about Yates Donahue's stuff, Monroe Deaf's eyes became brighter the more he listened.

Although this is completely different from what Sean described to him in the first place, it is a lot simplified. It can only be connected to Sean's bank, it can only be a fixed-amount credit card, it does not have a storage function, it cannot check the balance, it cannot be used cross-border, and it cannot convert currencies...

But, this is completely enough!

The only one with somewhat similar functions is VISA, but this one is for travel and official business, not a racetrack.

This is now a monopoly!

Yates Donahue is a technical person who knows nothing. The profits here can drive people crazy. Monroe Dive's eyes suddenly lit up when he heard this. He rushed over and grabbed Sean's arm, "Boss,

Do it, you must do it, this is the shortcut to becoming a truly top bank!"

"Ha!" Sean curled his lips, "Make a calculation and see how much money you need to invest."

Monroe Deaver squinted his eyes and calculated: "In all 50 states in the United States, and one in Washington, D.C., we must have at least 20 state-level branches, and branches must be opened in the top five cities in each state, and there must be more than one.

To ensure business exchange, for example, each of the 10 major cities in the United States cannot have less than 10 branches."

"After all, it will be no less than 200."

"Open a branch, purchase land and real estate, decoration, labor, servers..."

“If we don’t have 50 million in preliminary preparations, we won’t be able to make it.”

"Why only 20 of the 50 states need to invest, and what about the others? There are only the top five cities in each state? Isn't it a little less? Even the 100th-ranked city has a higher GDP than many small countries, right?" Sean asked a series of questions

The problem was put aside.

"Boss, what I'm talking about is only the initial investment in bank branches, not counting the operating costs. If you want to promote this business, you also need to hire a large number of people. Not every city is Newark. Sean Bank is there.

Bian Ke doesn’t have much visibility, so whether it’s attracting people to open cards or attracting merchants to use card machines, it’s not something that can be done in a short period of time!”

"In the later stages of operation, the expenses will be even more terrifying. Before there is no profit, we will not be able to support the larger expenses." Monroe explained to Sean.

"Monroe, you have to understand something." Sean leaned back, looked at Monroe through his nostrils, and said in a rather smug tone: "I, Sean, am rich!!"

"500 million is enough to develop business!" Xiao Xiao waved his hand, quite a bit scornful of the world.

Monroe:"……"

I don’t know why the boss is so crazy, but he is very familiar with this state. Every time Sean becomes a big loser, he always looks like I am rich!

Monroe felt a headache but also felt refreshed. Who doesn't like a generous boss?

"Dear boss, we have no experience in running such a large bank. If we expand rashly without asking internal questions, every problem will be magnified. When the time comes, we will have to expand new businesses. If one failure occurs, a lot of time will be wasted for others.

See the opportunity!" Monroe comforted.

"Moreover, in newly developed areas, public awareness is low, so how we attract customers to sign up is a problem."

"This is a very good business that allows us to take shortcuts and surpass most banks in the United States and even the world. This opportunity must not be let away because of our own mistakes. God will not forgive me."

"Where's Shen Bi?" Sean frowned. It was safe to develop slowly, but other banks wouldn't just watch, and they weren't NPCs.

"He can't do it either. HSBC succeeds in business, not in operations. HK is too small and its experience is not representative."

Sean squinted his eyes, trying to think of a way to get the best of both worlds.

"Then, can we complete the early accumulation by acquiring banks in other places?" Sean came up with another idea.

"Yes, yes." Monroe looked at Sean helplessly, "The cost of acquisition is very high, we are paying for every user!"

"500 million is not enough for you to talk. I, Sean, have money!!" Sean raised his head and looked at Monroe.

"Okay, OK, OK!" Monroe pursed his lips and spread his hands. This would indeed speed up the business.

Monroe did not raise any objections. Compared with the huge cash flow once the business is launched, spending several hundred million now is really not a problem.

That is to say, the bank is not listed. Otherwise, as soon as the news is announced, the rising stock price alone will be enough for Sean Bank to expand its business.

Monroe couldn't figure out why Sean insisted on not allowing the bank to go public, but now that Sean said there were enough bullets, let's do it.

First, the consulting company provides a piece of information, including the GDP of each state in the United States, the GDP of major cities, in addition to consumption figures of various categories, etc.

Only by comparing various data can we select which states are suitable for promoting the credit card machine business.

This is not the future, the Internet is developed, and a city can promote it casually.

The first thing to consider is the phone service provider, and then whether there are enough merchants that can be promoted and the difficulty of promotion.

Some states need to establish a state-level database, while some states do not need it at all and can only open one in one or two cities.

For example, in New York and California, it must be opened at the continental level, but New York City and Los Angeles will have to have separate continental servers.

After all, New York has a much larger population than the entire New Jersey.

In short, this is a very complicated project, and it cannot be started by Sean's lip service.

Especially in this industry, he was the first to open up a track.

Hundreds of people worked on the entire investigation report for a whole week, and Sean had to follow the staff.

After selecting the candidate cities, it is not enough. You also need to re-identify suitable local banks for mergers and reorganizations. Local banks must have a large number of customers within the selected cities.

After research, the entire team felt that Sean's money-spending solution was the best, and the time cost saved was more important than the money spent.

Another good screening.

There are more than 20 banks that meet the selection criteria. Of course, it is impossible to merge them all.

At this time, a problem arises. Several teams think that the bank that is very good is a listed company!

Listed companies are in great trouble. If they want to take over, they have to either acquire 75% of the shares and force delisting, or Sean Bank will go public through a backdoor merger.

"Why on earth don't you want to go public?" Monroe asked eagerly: "You want Sean Bank to go public. Even if it only has a price-to-earnings ratio of 10 times, it can easily raise hundreds of millions of funds!"

"Are American leeks so easy to cut?" Sean rolled his eyes, "If you use their money, any major decisions will be announced. It's easy to talk about profitable transactions, but lose money!"

"How can I do whatever I want? If I don't like you, I will fire you directly. Is it okay to be a listed company? The stock is fried, and you want to investigate me!"

Monroe's face darkened, "What the hell do you mean you don't like me and fire me!"

But he also knows that the role of Sean Bank is not only

"If that doesn't work, how about acquiring it into a wholly-owned subsidiary and getting a controlling stake?" Monroe suggested a compromise.

"Let's see." Sean waved his hand, "Let's start with other banks to make acquisitions."

Monroe thought for a while and said: "It's best, boss, to go find your home and ask Mr. David to help. A normal bank is not like us. The equity structure is so simple and clear. The shareholders of a normal bank are extremely complicated. If we are a shareholder

If a shareholder negotiates the acquisition alone, the price may be lower, but the time cost is too high, and it is much better than us re-laying the network and promoting from '0'."

"Okay, give me the information!" Sean would not do the stupid thing in the TV series where he insists on getting ahead on his own and would rather die than give in to help the family.

Like a fool!

Sean randomly dug out some gifts from the cold storage at home, and rushed to the Rockefeller Center in New York!

As soon as he arrived at the door, he waved the secretary away, opened his mouth and said sweetly, "Fifth Grandpa, I'm here!"

Inside the room, old man David twitched the corner of his mouth...

…

…

Asking for some monthly passes.

I didn’t see the last fireworks last month to see if they passed 5,000. I forgot the code...

But, this month, every reader’s father has a guaranteed monthly pass in his hand, so what, ahem...

You understand!!!

Votes!!