Bill H's Bookmarks tagged web2.0 →  View Popular

On 14 October 2008, Lending Club, an online peer-to-peer (P2P) social lending
network, completed its U.S. Securities and Exchange Commission (SEC)
registration process and opened its Web site to new lenders. This registration
enables a secondary P2P loan market, offering enhanced liquidity options for the
lenders.

Banks:





• Competition increasingly comes from unexpected directions. Develop
  competitive intelligence processes that look beyond traditional geographic and
  industry boundaries.
  
• Expect FSNs to continue to expand their services to both borrowers and
  lenders, as well as their distribution networks. Consider partnering with FSNs
  to improve their distribution capability and meet investor demand for more
  transparent investment vehicles.
  
• Examine the registration processes of Lending Club and Prosper Marketplace,
  and look for lessons in how to achieve greater speed and efficiencies in new
  business efforts.

The Sixth Graders:







• All of her sixth graders were literate, although not all of them had computers at home, so she couldn’t issue mandatory web assignments.


• Many of them used the internet for research, she allowed them to cite wikipedia as a supplement–but they had to cite other websites.


• Many students turned in their ‘papers’ as digital blog posts on blogspot.com.


• The art of writing in cursive is deteriorating, many of the students could not read her cursive writing, soon it may go the way of shorthand.


• The sixth graders would often groan and roll their eyes when asked to do a writing assignment –yet when she listed off the internet as one of the ways.


• they could produce the project, they quickly got excited –and lightbulbs went off.


• Plagiarism is still an issue, but she and her colleagues have sophisticated ways of checking papers by copying and pasting them in Google, or using proprietary software.


• I asked her if she sees an increase in web technologies as they get older, and she says “yes, soon the parents won’t restrict and monitor their usage, as they go to high school and college”.


• I asked her if this helped them to be more or less social, she replied: “Both. They still are shy in class presentations as kids are from any generation, but they express more of their personal being online”


• During tests, if the students didn’t know the answer to the questions, they would write “IDK”.