Banks may be falling down but money management web sites are springing up all over. ReadWriteWeb has a roundup of the top Banking in the Cloud sites:
These sites aren’t just simplified versions of our former desktop apps… they offer a number of features that take advantage of their “always on” status. Forget downloading updates and typing in your transactions line-by-line, these new banking 2.0 sites can offer you better insight into your financial situation with no additional effort on your part beyond just logging in.
My favorite:
Wesabe takes what’s normally a private activity – financial management – and makes it social. Like other online banking apps, Wesabe lets you see all your bank accounts and credit cards in one place. You can categorize your transactions and see spending and earning summaries. Where Wesabe is different is that it takes your data, anonymizes it, and shares it with the Wesabe community. That aggregate data is then analyzed for patterns and those results are shared with everyone. For example, Wesabe can show the cost of an average transaction at a particular merchant.