The differences between US and Europe have been rattling around in my brain recently.  Bruno, who attended LIFT last week and is from Switzerland, but now works in Boston, has a unique perspective.

He lists and details some US advantages over Europe, and these three resonated. 

• Scale and language: The obvious one. The US are the largest homogeneous market in the world
• Entrepreneurship is worthwhile for (nearly) everyone
• The “Good enough” mentality

Source: Lunch over IP: Better in America? Tech-entrepreneurialism in Europe vs the US

The last one in particular is interesting.  US (and Canadian) business generally does only what is required.  Budget is pre-eminent.  Hence ‘good enough’.  I believe this reflects in the implementation of Bank technology spending.