Comments for The Long Tail of Banking

Comment on Seeking Social Media and Internet Marketing Team Member by John Skelly

John Skelly — Thu, 05 Jan 2012 22:31:07 +0000

Great. Good timing.

Comment on Seeking Social Media and Internet Marketing Team Member by nichebanking

nichebanking — Thu, 05 Jan 2012 22:30:05 +0000

Thanks John, it’s good to hear from you. I’ll ping you offline and we can chat. Thanks!

Comment on Seeking Social Media and Internet Marketing Team Member by John Skelly

John Skelly — Tue, 03 Jan 2012 23:54:09 +0000

I’m interested and have some time on my hands right now… closed down 500lb early last year – got so tired of running an agency! Happily doing some consulting gigs right now, but I’d be interested in seeing how this might fit or not. Let me know if you want to get together for coffee or lunch in the coming week or two – reach out to me via LinkedIn or email.

Thanks,
John

Comment on Tribed Seeks Entrepreneurial Team Members by Seeking Social Media and Internet Marketing Team Member « The Long Tail of Banking

Thu, 15 Dec 2011 23:57:54 +0000

[...] updated our list of entrepreneurial team members we are seeking for Tribed, to include a new role: Social Media and Internet Marketing team member. Here is a brief [...]

Comment on Only one type of banking innovation matters by Stacy Litke

Stacy Litke — Mon, 17 Oct 2011 20:27:58 +0000

I like the concept of the subscription. I work in the industry and have heard a number of times that customers don’t mind paying for the service as long as the fee is fair and consistent. I think consumers could subscribe to a level of product/service and then everyone knows what to expect. It’s not an unfamiliar idea as you pointed out, and honestly could be put into place with existing infrastructure.

Comment on A Terrible Fit For Most People by Putting it all together: niche banking in practice « The Long Tail of Banking

Wed, 12 Oct 2011 03:32:06 +0000

[...] Being a terrible fit for most people [...]

Comment on Put social media into banking…or put banking into social media? by Putting it all together: niche banking in practice « The Long Tail of Banking

Wed, 12 Oct 2011 03:32:03 +0000

[...] Niche banks will build relevant banking services into a social community [...]

Comment on Only one type of banking innovation matters by Putting it all together: niche banking in practice « The Long Tail of Banking

Wed, 12 Oct 2011 03:32:01 +0000

[...] Only one type of banking innovation matters: business model innovation [...]

Comment on Everyone’s passionate about something…and somehow, money relates by Putting it all together: niche banking in practice « The Long Tail of Banking

Wed, 12 Oct 2011 03:31:58 +0000

[...] Everyone’s passionate about something…and somehow, money relates [...]

Comment on Only one type of banking innovation matters by Vernon WALL

Vernon WALL — Thu, 22 Sep 2011 01:28:20 +0000

As we progress into 2011 it becomes more obvious that the systems of our past are failing. Not simply a local matter, the banking systems in Europe and USA are under threat as overwhelming currency problems shape toward crisis. Do not expect a political fix anytime soon. Politics is incapable of fixing anything, itself now an arbitrage system between minimum accepted values and vested interests.
It is true that banking services are based on forms of arbitrage. The structure of banking largely revolves around clipping the ticket on all forms of arbitraged exchange. The structure of currency is closely aligned to that system and is itself contributory to the weakness.

It this of any great wonder. The USA has led the world for the last 100 years with its defacto World Reserve currency, yet the fiat nature is about to explode in volume and implode in integrity.
Where is stability.

Perhaps now the Christian mind will better understand the expression, God will provide he increase.

Perhaps we can better recognise that Gold derived fiat currency has no basis of real and enduring value, hence its long term (inter generational) usefulness as a measure and a store of value is limited.
Before you can devise a banking system that can retain intergenerational integrity, you have to settle on a form of currency measure that is of godly origin in order to ensure long term integrity.
My thinking tends to be directed towards a dividable commodity that has long term lasting and is self renewable so that the increase provided by god takes care of the cost of the currency and its administration and provides a form of passive wealth generation, which incidentally negates usary.

After which we can go on to look at systems that function. For a 21 year experience proof of model take a look at the not for profit Interest Free residential Housing lending of Liberty Trust. ( http://www.libertytrust.org.nz )
With over 20 million dollars lent and still lending even when banks are retracting, this model is a consumers ideal of absolute integrity, not a financial parasite on the community.

Look forward to others comments on this perspective.
Regards, Vern Wall