So years ago we were talking about the possibility of a Google bank.
I even have a friend who even went to NY and pitched this idea to a VC, which he liked.
Today, Techcrunch talks about an Apple patent application that would enable iTunes to become a micro-lending bank.
In need for cash? Take out your iPhone, open an application and send a request for cash to nearby people.
People often wonder the many ways in which Apple can use the millions of names, credit cards and preferences they have from us in iTunes. This one’s pretty cool.