Discussion 16 - Online Banking

Purpose: This week's discussion addresses these module goals:

• Sketch out the role of commercial banks in money lending
• Analyze person to person (P2P) lending

This week's textbook reading discusses both short-term and long-term financing.  Some financing options covered include commercial banks, family and friends (person to person lending), and equity financing.  The internet has changed the business world and affected each of the above mentioned sources of financing.

What is your opinion of online banking/financing options?  Look at the websites www.bankrate.com Links to an external site. www.lendingclub.com Links to an external site.  www.kickstarter.com Links to an external site. www.crowdfunder.com

Where do you see the future of banking moving towards?  What is your opinion of the websites listed above and the industries they represent?

Make your initial posting by 11:59 PM Pacific time on Wednesdasy. 100 word minimum

Respond to at least 2 classmates (with video or text) by 11:59PM Pacific Time on Friday. 50 word minimum. Responses may include describing your own life experience or other real-world situation related to the post, adding additional information from assigned content or outside content, disagreeing respectfully by describing your own interpretation, proposing a new idea, or asking a probing question. Try to respond to a classmate who haven't received any responses yet.