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document Crowdfunding, Distributed KnowledgeVery interesting take on banking services by Scred, for communities (global/virtual), which do away with issues of traditional banking such as bureaucracy, high capital requirement, regulations etc.
document Distributed Knowledge, Open InnovationThe competition marks the first time the World Bank, an international institution that makes loans to developing countries, made available its catalogue of development data to the general public.
video Crowdfunding
Crowd funding bank has enabled people and businesses to accomplish things that they may not have been able to accomplish otherwise. Crowd funding allows people and organizations the financial...
video Distributed Knowledge, Open Innovation
Thomas Heilskov talked about 'Idebank' an innovative crodwsourcing application on facebook launched a few months ago. Here's the agenda of the interview:
- Intro
- Why Idebank,...
document CrowdfundingThe bad news is we'll have to admire this beast of a banking center from our side of the pond for a while—at least until private equity crowdfunding is made legal in the U.S.
document Distributed Knowledge, Tools“Tools like the World Bank Finances mobile application allow them to follow the money trail from funding agencies, to countries, and to projects in their neighbourhoods.” The World Bank Finances...
document Distributed Knowledge, Open Innovation
Essentially, Jefferies & Co. has become the world's first crowdsourced investment bank - people tell them what assets or exposure on the balance sheet they're nervous about and...
document CrowdfundingThe bank-lending picture seems to be improving since the darkest days of the credit crisis. The Biz2Credit Small Business Lending Index found that loan-approval rates by both big banks and smaller...
document Open InnovationChristophe Langlois, an international authority on social media in banking, is optimistic about Commonwealth’s IdeaBank. “This initiative has a good shot at changing the banking industry’s...
document Distributed Knowledge
Map Maker is a tool that allows anyone to submit improvements to the maps and geospatial data that Google has in its database by adding the locations of things like schools and hospitals to...
document Distributed Knowledge
Open source advocates say those terms would preclude using non-Google platforms that compete with Google services, like OpenStreetMap. It seemed to folks like Ushahidi's Patrick Meier that...
document Crowdfunding
Most crowdfunding sites are forecasting 100% to 200% growth rates in amounts originated this year."The impact is small right now but the trend towards alternative financing is here to...
blog Distributed Knowledge
The World Bank is in the process of writing their flagship World Bank report on youth employment in Africa and want to do it differently.They are launching a wiki platform and inviting the world...
document Distributed Knowledge
Based on Reportlinker's market research report, the following are some of the 2012 trends to watch in UK retail banking:
Trend 10: use of social media will move from customer engagement...
document Crowdfunding
The benefits are:
Start-ups get access to funds
Investors get a regular portfolio of opportunities to invest in
Opportunities can be matched to local / national or international level...
document CrowdfundingAs Prosper and LendingClub grow, they are becoming more sophisticated at assessing risks and alleviating fraud concerns. Big venture capitalists are backing Prosper in a new round of funding, so...
document CrowdfundingPeople's confidence in the banking and finance industry has been shaken following the credit crunch leading to the current economic turmoil. With civilisedmoney there is a promise of a much...
document CrowdfundingLaunched in October, CivilisedMoney’s goal is to make it easy “for people to invest, donate, lend, borrow and transact money with each other directly at fair and transparent rates” without the...
document Cloud Labor, Distributed Knowledge
"It's a forum for people to express their banking needs and wants, so the bank can understand ways it can improve and simplify the lives of its customers," says Louisa Galligani, a...