We just received an update on the projects delivered for a financial services innovation program that ran from April through July of this year. Already it is looking like one of our most successful programs. Nine out of the ten projects are moving forward in some form. Highlights include a $1-billion mandate for an offering in China, an innovative interest rate cap product for foreign currency credit card purchases that rolled out earlier this month, and the approval of $4 million in technology spending for three separate projects.

[...] results combined with those from a program that wrapped up in July makes 2009 one of our best ever years for innovation projects getting funded – not something [...]