A grassroots wiki community experiment in banking from scratch

NZ Extracted from site Have an idea? Just need funding? Want to join with others to support to an idea? This site is for you.

The UpDown plans to single out the members whose imaginary portfolios show the best performance and use their strategies to manage a real stock fund seeded by Swiss angel investor Joachim Schoss.

Revenues from the fund will be used to operate the company and reward the top performers.

By Colin Hendersion - Observations made at LIFT07 on structural reasons why Banks may not be able to compete with Social Lending. Speaker notes to Can Bankers be bloggers too here

An RSS feed aggregated a collection of posts on banking (mostly retail and payments)

excerpt from site

Know where
your money goes!

Effortlessly track and visualize your spending.
Visualize those dreadful credit card statements in
exciting new ways.

Excerpt from site

Jwaala was started in 2006 with a simple goal in mind – to use the power of technology innovation to provide great solutions to Credit Unions and their Members. To accomplish this goal, Jwaala has brought together a team of experienced and passionate software innovators, and partnered with forward looking and innovative Credit Unions.

Saving Will Never Be The Same!™

SmartyPig is a simple, smart, fun way to save for a specific goal. Using groundbreaking technology and the latest in security standards, SmartyPig allows you to invite family and friends to contribute to your account, gives you additional incentive boosts from top retailers who sell exactly what you’re saving for AND *4.30% (APY) interest on the money you’re saving. Simple, Smart, Savings. SmartyPig!

Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Advantages:

• Bitcoins can be sent easily through the Internet, without having to trust middlemen.
• Transactions are designed to be irreversible.
• Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.

Bitcoin is an open source project currently in beta development stage. Development is hosted at SourceForge.

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A grassroots wiki community experiment in banking from scratch

NZ Extracted from site Have an idea? Just need funding? Want to join with others to support to an idea? This site is for you.

The UpDown plans to single out the members whose imaginary portfolios show the best performance and use their strategies to manage a real stock fund seeded by Swiss angel investor Joachim Schoss.

Revenues from the fund will be used to operate the company and reward the top performers.

By Colin Hendersion - Observations made at LIFT07 on structural reasons why Banks may not be able to compete with Social Lending. Speaker notes to Can Bankers be bloggers too here

An RSS feed aggregated a collection of posts on banking (mostly retail and payments)

excerpt from site

Know where
your money goes!

Effortlessly track and visualize your spending.
Visualize those dreadful credit card statements in
exciting new ways.

Excerpt from site

Jwaala was started in 2006 with a simple goal in mind – to use the power of technology innovation to provide great solutions to Credit Unions and their Members. To accomplish this goal, Jwaala has brought together a team of experienced and passionate software innovators, and partnered with forward looking and innovative Credit Unions.

Saving Will Never Be The Same!™

SmartyPig is a simple, smart, fun way to save for a specific goal. Using groundbreaking technology and the latest in security standards, SmartyPig allows you to invite family and friends to contribute to your account, gives you additional incentive boosts from top retailers who sell exactly what you’re saving for AND *4.30% (APY) interest on the money you’re saving. Simple, Smart, Savings. SmartyPig!