Last week, we launched BankSwitcher on www.bankswitcher.com and we’ve already gotten a lot of attention:

1. Wesabe announced on their blog that BankSwitcher supports the Wesabe API:

“We’ve actually gotten this as a request for a Wesabe feature, but there’s no way we’d be able to get to it any time soon, so having BankSwitcher provide this service through our API is a great benefit for our users and theirs.”

2. The Bankwatch:

“Such a simple concept, yet powerful, and disruptive to Banks. This changes paradigms.”

3. The Life And Times Of A Credit Union Employee:

“Addressing pain points for consumers is always a great way to launch a successful business and the new BankSwitcher is doing just that.”

4. American Banker Sept 14, 2007 “Site for Bank Switchers Gets Makeover”
I’ve asked American Banker if I can post the entire text here, but they want way too much money. The article describes how the service works and quotes Jennifer Roth, a senior analyst with the global payments practice at TowerGroup Inc.:

“Facilitas is trying to “basically simplify the switching process.”

Electronic payments are “fairly sticky,” she said. “That is one of the things that consumers complain about.” A payment switch kit like Bankswitcher.com’s is “not something that’s a No. 1 requirement” when switching banks, but it “will help.”"

After more than two years of hard work by a small and talented team, it feels fantastic to open our service up to the public and get such immediate and positive feedback.