Finances on Facebook

Jim Bruene has a great post on about the rise of financial services on Facebook.

Watching the explosion of content, and users, at Facebook, may be the most interesting thing we’ve seen since the rise of the commercial Web in 1995/1996.

Jim writes about the opportunities that exist for FIs to sponsor Facebook applications like ChipIn. Jim documents how ChipIn works really well using screenshots. Nicely done. It’s exciting to watch this new explosion of financial services within Facebook. It really democratizes how people can access money.

And I’m not just mentioning this because he gave Vancity’s Bike Share a nice plug (although it didn’t hurt).

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