Trends in Financial Services

A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.

Paul Penrose Head of Research at Finextra

MyBankSpace

Belgian financial services firm Fortis has made a bold move into the social networking space with the launch of a new Website. The join2grow network is being touted by the bank as a MySpace for entrepreneurs. Research house Gartner has suggested that banks should monitor emerging Internet social networks for their potential for partnerships, to ...

19 February 2007 /retail

Paul Penrose Head of Research at Finextra

Microsoft micropayments

Further to my recent musings on Microsoft Points (The Virtual Bank of Microsoft), Dow Jones reports on CNN that Microsoft boss Bill Gates has been looking into the possibility of developing an online payment system that will be cheaper than credit card transactions, making it possible for companies to charge small fees for Web-based content and se...

29 January 2007 /payments /retail