One woman, Kristen, got miffed with banks and created Bank Transfer Day, November 5th 2011 which led to 600,000 people changing their bank to a credit union, 16% of business loans shifting to Mutuals/Credit Unions. Ariana Huffington has started MoveYourMoney and others are following suit. Any bets as to when the banks start fighting back a la Fox News and Media?
How to become a Leader and online Influencer through Social Media – presentation I gave FITT at a community luncheon on social networks
After the radio interview with Tony Delroy a few days ago, I’ve had an inordinate number of requests for information on social lending and microfinancing sites. Particularly Australian p2p banks. Remember a bank holds money that the community members have each – for example, salaries, or savings. Then the bank manager takes the community money […]
Presentation at PANPA (part) and WebDirections 2008 (full). This article is about the various social media monetization strategies and the powerpoint presentation (embedded) shows some case studies and examples, including social network size, the revenue streams, valuations and profits. Click for full size of Revenues for Social Networks diagram. REVENUE SOURCE: The X Axis (the […]
There are now three peer to peer or social lending banks in Australia, as far as I can determine. Well Fosik hasn’t launched yet… but it’s the latest one I have found:Here is a chart:Sorry it’s unreadable, it’s the same on their site… 🙁 So instead of asking your bank manager for a loan, ask […]
Well, this sucks. From AsiaMedia. AUSTRALIA: Web 2.0? Don’t bank on it just yet Australian banks won’t provide latest online financial services, such as wikis or peer-to-peer lending, due to lack of infrastructure and low retention rates of skilled IT staff AUSTRALIAN bank infrastructure is “not robust enough” to deliver secure web 2.0 banking and […]
If peer2peer marketing/advertising spells disaster for traditional media, and doctors are shirty about peer2peer health support, what do you think the banks will do with peer2peer banking???!!?? (From the Orlando Sentinel’s Richard Burnett). People in search of loans are finding deals through online auctions Turned away and turned off by conventional banks, Jerry R. Brown […]