A First Look at BankSimple. This was posted back in September but I just got a chance to really watch it. Beyond the sexy inter­face the mes­sage is tremen­dous. “We shouldn’t be doing math in front of the com­puter. The com­puter ought to be doing math for us.” That’s the kind of bank I’d like to have.

Recipe for bank­ing fail: Require users to enter an autho­riza­tion code when log­ging in from an unfa­mil­iar com­puter. Deliver the autho­riza­tion code via email. Reject the autho­riza­tion code sent by your bank’s sys­tem because it does not con­tain any letters.

I’m now in a bank­ing ghetto and can’t log in to my Chase account any­more because their web form doesn’t trust their email script. Nice. When does BankSimple launch again?