Banks have felt so insulated for so long they seem to have forgot that people may need "banking" but they don't need "banks".

In Canada, legislation has opened up "banking" and, as you can see here , even a major grocery chain provides banking services - pretty much everything the average person needs.

Their free stuff includes transactions, bill payments, cheques and chequing - as well as points towards grocery purchases. Hopefully this kind of 'opening up' gets international traction.

Last edited by ryck; 11/14/11 12:27 PM.

ryck

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