Comments on: Financial Services Mash-Up http://paymentswatch.com/2007/10/24/financial-services-mash-up/ Payments Processing & Strategies Wed, 07 Jan 2009 19:45:59 +0000 http://wordpress.org/?v=2.1 By: JJ Hornblass http://paymentswatch.com/2007/10/24/financial-services-mash-up/#comment-17 JJ Hornblass Thu, 25 Oct 2007 13:20:16 +0000 http://paymentswatch.com/2007/10/24/financial-services-mash-up/#comment-17 You'll get your mashup, but I fear that it won't be as comprehensive as you wish. The novel online banking startups will mash -- that's easy. But getting backs to open their online banking architecture, well, that's going to be a tougher sell. This represents the central weakness in personal finance today: the stranglehold the banking community has on data, and its customers. The stranglehold, I believe, prevents all sorts of benefits and services to consumers, particularly online. I certainly hope someone knocks on Bank of America's door and asks for open architecture. Whether they will even open the door is questionable at best. You’ll get your mashup, but I fear that it won’t be as comprehensive as you wish. The novel online banking startups will mash — that’s easy. But getting backs to open their online banking architecture, well, that’s going to be a tougher sell. This represents the central weakness in personal finance today: the stranglehold the banking community has on data, and its customers. The stranglehold, I believe, prevents all sorts of benefits and services to consumers, particularly online. I certainly hope someone knocks on Bank of America’s door and asks for open architecture. Whether they will even open the door is questionable at best.

]]> By: John Crupi http://paymentswatch.com/2007/10/24/financial-services-mash-up/#comment-18 John Crupi Tue, 10 Jun 2008 15:35:16 +0000 http://paymentswatch.com/2007/10/24/financial-services-mash-up/#comment-18 You still interested in this mashup? We've got it. www.JackBe.com You still interested in this mashup? We’ve got it.

www.JackBe.com

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