The Future Of Finance
Nice little round up of many of the things the world has been talking about in finance and how the consumer experience of finance is set to change in the months and years to come.
On Mike Walsh’s blog. Mike is a researcher at Tomorrow. Mobile will become the primary transaction channel. In many parts of the world mobiles are showing us how even the unbanked can be reached with the spread of mobile banking. Personal financial banking moves to the cloud. Services like Mint and Wesabe are making this possible, yes! Physical outlets will become more important. This is ironical at a time when many things are going virtual, but Umpqua Bank is a good example of what is possible.Social lending moves mainstream. Not new again but yes! Experts like The Bankwatch are betting on it. Credit Ratings go the way of Ebay. Connected to the previous point in some way, once again not new, but something for the future. Read the whole story here.