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Re:Tipjoy Raises $1 Million For Its Simple Micropayment Plat... by mrtron on Thursday September 25, 2008 @10:37AM (#314862)
Banks barely get by as it is right now from a technology standpoint.

The struggle just to provide enough of the basic online banking services to their users. There is a continual stream of new features and products they support (with daily banking being a small part of that).

I have worked on a lot of banking software - and there is absolutely no chance those institutions would be able to compete in this space. They don't want to, they don't need to, and they don't know how to.

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