Parsing the meaning of Web 2.0

Orr, Bill
April 2007
ABA Banking Journal;Apr2007, Vol. 99 Issue 4, p53
The article discusses the use of Web 2.0 in banking. According to a writer on a blog called Bankwatch, a collaborative web site that lets customers design their own bank products will give banks ideas based on willingness to pay. The author states that most bankers see building products from consumer input as moving too fast. He believes that bankers can be excused from using Web 2.0 because of the serious and regulated nature of the business.


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