The Future of Banking: Could Facebook Become Facebank?

In this segment of The Motley Fool's financials-focused show, Where the Money Is, analysts Matt Koppenheffer and David Hanson discuss some of their favorite Tweets of the day. Among the topics covered are the future of banking and the race for the next Fed chairman.

Spefically, the guys discuss what could prevent today's tech giants from disrupting the banking industry and becoming the center of consumers' social and financial lives. While regulatory hoops surrounding the banking sector could hinder the transformation, the potential convenience and efficiency available to the average consumer may ultimately trump the roadblocks. 

Even if the likes of Google and Facebook don't enter the banking business, the golden age of banking appears to be waning. But if you want to learn how to take advantage of the impending bank renaissance, click below to discover the one company leading the way. You see, this fast-growing company is poised to disrupt big banking's centuries-old practices. And it stands to make early investors like YOU a fortune... if you act now. Our brand-new investor alert, "Big Banking's Little $20.8 Trillion Secret," lays bare every banker's darkest secret for the world to see. Simply click HERE for instant access!

Follow and tweet to @TMFFinancials, and you could be featured on "Tweet It!"

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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On August 25, 2013, at 5:31 PM, Ahoyyoudummy wrote:

    You have a few errors in your spelling/syntax ....does anyone proof your work? Look into spellcheck!

  • Report this Comment On August 26, 2013, at 10:15 AM, Biloxi8 wrote:

    Journalism died a long time ago! Now, all you get is self appointed bloggers pitching you to buy something. just look at the wording:

    "And it stands to make early investors like YOU a fortune... " it means you will lose your money in a heartbeat.

  • Report this Comment On August 26, 2013, at 6:34 PM, cmalek wrote:

    Matt'

    your Twitter account says it all - Kopp the fool.

    Facebook a bank??? With their leaky security???!!! What is in those cigarettes you are smoking?! I'd rather keep my money in a mattress, it would be much safer than in the Facebank.

  • Report this Comment On August 30, 2013, at 4:15 PM, reichar8691 wrote:

    A transcript of this would be appreciated. I don't like to waste time watching/listening to interviews.

    Thanks,

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