Conduct Your Real Life Banking in These Second Life Banks
By Shirlene Alusa-Brown, published Jul 05, 2007
Published Content: 78 Total Views: 80,301 Favorited By: 4 CPs
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Second Life has attracted a lot of attention with its own virtual economy that is thriving. This living organism is giving rise to new business opportunities and is creating a unique niche for real life businesses that are trying to increase their client base. The banks below have set up a presence in Second Life and are anxious to build their business internationally.1. WireCard Bank - This German bank offers specially trained avatars that operate in world. Its customers can access their payment services in Second Life, and are positioning themselves to create virtual services in another virtual world (https://www.wirecardbank.com/)
2. ING - This Dutch Bank set up a virtual Holland which will host several Dutch landmarks and handed out free plots of land to people who had innovative business startup, or innovative house building ideas. (http://www.ourvirtualholland.nl/index)
3. ABN Amro - This Dutch Bank offers financial advice to its clients. It is not offering banking services yet, but may do so in the future. (http://www.abnamro.com)
4. Saxo Bank - This Danish bank offers residents the ability to manage their real life portfolios and is looking to create a Virtual Trader to manage their clients' Lindens in Second Life. (http://www.saxobank.com/)
5. Wells Fargo - Wells Fargo, a U.S. based bank, launched a game in Second Life to teach people about financial responsibility. The game, Stagecoach Island, is available by invitation only, and offers its players $30 to play with and a 10% return on their money. (http://www.stagecoachisland.com)
6. BNP Paribas - This French based bank opened a recruitment center in Second Life that offers an \opportunity for information technologists, project managers, application architects, etc. to apply for a job. They also offer some interactive games (http://www.bnpparibas.com/en/home/)

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Takeaways
- Anyone can conduct real-life banking in Second Life.
- Innovative thinking has these banks looking at Second Life as a great place to acquire new clients.
- Virtual economies are fast becoming the next big thing in business economies.
Did You Know?
ING states that Second Life is grow by 8 million in June 2007 - (http://www.ourvirtualholland.nl/second_life)
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