Comments on: “Make it much easier for consumers to find those institutions whose revenue models most meet their needs” | Bankwatch Interviews Marc Hedlund, Wesabe http://thebankwatch.com/2007/07/18/make-it-much-easier-for-consumers-to-find-those-institutions-whose-revenue-models-most-meet-their-needs-bankwatch-interviews-marc-hedlund-wesabe/ Tracking the evolution of financial institutions Mon, 13 Feb 2012 00:48:52 +0000 hourly 1 http://wordpress.com/ By: Colin http://thebankwatch.com/2007/07/18/make-it-much-easier-for-consumers-to-find-those-institutions-whose-revenue-models-most-meet-their-needs-bankwatch-interviews-marc-hedlund-wesabe/#comment-13536 Thu, 19 Jul 2007 04:10:59 +0000 http://bankwatch.wordpress.com/2007/07/18/make-it-much-easier-for-consumers-to-find-those-institutions-whose-revenue-models-most-meet-their-needs-bankwatch-interviews-marc-hedlund-wesabe/#comment-13536 @William RE “what Banks are paying attention”

James at Lloyds wants to make a difference …..
http://bankervision.typepad.com/bankervision/2007/07/a-challenge-to-.html

]]> By: William Azaroff http://thebankwatch.com/2007/07/18/make-it-much-easier-for-consumers-to-find-those-institutions-whose-revenue-models-most-meet-their-needs-bankwatch-interviews-marc-hedlund-wesabe/#comment-13535 Thu, 19 Jul 2007 04:01:19 +0000 http://bankwatch.wordpress.com/2007/07/18/make-it-much-easier-for-consumers-to-find-those-institutions-whose-revenue-models-most-meet-their-needs-bankwatch-interviews-marc-hedlund-wesabe/#comment-13535 Colin, thanks for this great interview. The more I learn about Wesabe, the more I love them. Marc’s answers here are great. The concept of a “Value Bureau” is very powerful.

I wonder how many banks are paying attention to this. Consumers are going to find better and better ways to sift through the marketing clutter and find the best companies to spend their money with, and a service like this is an ingenious way to get there. Money is the ultimate way we vote with our feet in a consumer culture, and Wesabe has found a way to leverage that brilliantly for the benefit of the many.

I wonder if you know how many registered users Wesabe has and how many transactions an average user publishes a month. I have been wondering that for a while, but it seems like they keep their data secret (or I have been looking in the wrong places).

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