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

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.

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.

a social lending service for facebook users analysed here (US, launched 25 May, 2007)

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The idea is to have an online community currency. (Or, hundreds of them.) Joining LETS and GETS by doing

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!

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.

The trimmed down version of the BankStatic All Star Feed

excerpt from site

Know where
your money goes!

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

a social lending service for facebook users analysed here (US, launched 25 May, 2007)

The idea is to have an online community currency. (Or, hundreds of them.) Joining LETS and GETS by doing

What would you do with $10,000 towards your business idea?

The trimmed down version of the BankStatic All Star Feed

Excerpt from site

Welcome to Pertuity

At Pertuity, we believe that your financial life should be uncluttered and straight forward. Not spread thin, complicated, or uncertain. That’s why we give you access to unbiased financial tools and options and make the most useful financial information transparent and available to you – the consumer.

Why are we doing this? Because we are a band of consumers just like you! We recognize that we can achieve so much more than we currently are, with our hard earned money. Above and beyond the need for high quality service from our financial providers, we’ve grappled with some tough questions like:

• How do we make our dollars work harder to increase and maximize the return on our investments?
• How do we obtain the best possible interest rates?
• How do we access credible, fully transparent bank and credit card information?

We launched Pertuity with these thoughts in mind, and invite you to browse our site, learn more, and take the first step towards realizing your financial potential.

Read up on our blogs and visit our expert advice section for the latest thinking on financial matters. Try out our Dare to Compare_SM widget for first-time insights. Make Pertuity your preferred portal to make your money work for you.

Remember to check back with us regularly, as we gear up towards our launch in early 2008; when we will bring to market a disruptive set of  products that will uncomplicate your life, simplify your money and free your dreams.