News for hackers. Stuff that matters.
Re:With GoBank, You Can Carry All Your Money In Your Pocket by qq66 on Tuesday January 15, 2013 @03:51PM (#5062919)
The big incumbents are all 100+ years old, but Green Dot was founded in 1999, so it's clearly possible to get from point A to point B.
Re:With GoBank, You Can Carry All Your Money In Your Pocket by dsl on Tuesday January 15, 2013 @04:54PM (#5063300)
Green Dot bought a failing commercial bank to sidestep all the hurdles.

http://www.businesswire.com/news/home/20111208006460/en/Gree...

Re:With GoBank, You Can Carry All Your Money In Your Pocket by toomuchtodo on Tuesday January 15, 2013 @05:45PM (#5063597)
Both Simple and Google Wallet use The Bancorp Bank for their integration; perhaps its time for a bigger stake in the organization for Google.

I'm serious. Google's data mining ability is unparalleled. Buy a bank, become Google Bank, and start lending. I believe Google's investment/risk analysis would be far superior to any existing bank out there.