Innovating Online Banking

I have been playing around with Drop.io quite a bit recently and it got me thinking that my online bank account could really serve as my “online vault.” At least perceptually I consider the data held within to be my best protected stuff on the web. Whether true or not, I trust my bank account’s security much more than say my Gmail account.

Along these lines I’d like to be able to store other secure things there such as passwords, hard drive backups, or other important files and images. For example, I could see Citibank partnering with Mozy to offer such services.

Clearly banks could use another revenue stream and providing added value services could also greatly increase engagement with banks’ websites as well as build brand awareness.

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