SafeBank would have more (and more accurate) data about its customers than almost any other company in the world other than credit card companies, so the online interface would have Mint-like lead generation offers based on that information. For example, you spend $140 a month on electricity, but if you switch to this new solar provider you’d save $200 a year. Think of it like Gmail contextual advertising but based on where you spend your money rather than the words in an email. There also might be aggregate data opportunities for economic research or targeting, but I’m not sure if I like the privacy implications there.
Good project. I support it.
SafeBank would have more (and more accurate) data about its customers than almost any other company in the world other than credit card companies . . .
Why mix database business with banking business? A universal database will take your bank out of the database business.
Why are universities in the football business? The same reason banks are in the database business. Profits.
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