November 12, 2007
Recently there have been a plethora of calls (well from within the blogging community anyway) for some kind of banking 2.0 offering.
Latest is this post from Bwooce where he makes the suggestion that telcos could leverage their existing platform networks and roll outs some kind of transactional infrastructure to circumvent banking.
One of the start-ups I’m currently involved with is thinking very much down this line, we live in an age of instant information and total connectedness, it seems crazy that our financial/transactional exchanges aren’t keeping up with the progress.
When alignment occurs, lots of good stuff will happen – in the same way that Rod states that taking accounting online unlocks a whole heap of value add for SMEs, so does bringing banking and transactions into the fold.