The Bankwatch

Tracking the consumer evolution of financial services

You know its bad when … the government is more innovative than your Bank

This post from James following his first week at the DWP (Department of Works and Pensions, and hosts of direct.gov).

DWP, is running an innovation experiment where they allow citizens to put their own applications on top of government data. Yes, that’s right: an API for the government.Show me a bank with API. You can’t, because there isn’t one. I have to go to a third party like Wesabe, who basically have to suck data out of banks without their permission, to get one. I think it is early days for what Direct.Gov is doing, but you can see the potential. More particularly, the fact of this experiments existence tell you lots about the sorts of things it is possible to do in the public sector.

Strange days indeed, and something that ought to worry bankers.

Written by Colin Henderson

September 1, 2009 at 13:08

Posted in Innovation

Tagged with ,

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