Banks train their guns on start-up 22seven
30 Jan 2012
Financial management website 22seven has been live for just a day and already it's facing its first serious challenge.
Some of SA's big banks have begun warning their customers not to provide their banking login details to the service, which aggregates users' financial information to give them a graphics-rich picture of their income and spending.
This raises the question of whether 22seven, which is led by the former CEO of online bank 20twenty, Christo Davel, should have engaged with the big banks before launching its service.
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Source: TechCentral
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About Craig Wilson
Craig Wilson is an ICT journalist and speaker based in Johannesburg. He is deputy editor at TechCentral, the South African source for technology news, reviews and opinion, and regularly provides insight into the technology industry for radio and television. Email him at az.oc.lartnechcet@giarc, follow @craigwilson on Twitter and connect on LinkedIn.
