Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Banksimple - Over-Hyped Or Revolutionary?

Tuesday, August 10, 2010 - 7:56 AM
Banksimple is getting a lot of publicity for its future banking product. The latest is from Mashable, a website that focuses on new web technology. According to the Mashable article:
The Banksimple formula is one that puts customers first and focuses on automatic, "worry-free" money management with a digital twist and penchant for social integration.

One interesting feature described is "predictive money management". I'm not sure if this would make things more simple or more complicated. We'll have to wait to see what banksimple actually offers when they finally decide to launch.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708