First Meta of Singapore will offer full banking services in the virtual world of Second Life. While not all details have been released yet, CEO Douglas Abrams has revealed that they will be offering loan and credit card services using Second Life's virtual currency, the "Linden Dollar".
They aren't planning on stopping with just Second Life either. "Our vision is to be the most successful financial service provider across all virtual worlds," says Abrams. Remote financial servers to encrypt their clients information are being built now. A full launch on a new in-world island is expected in the third quarter of 2007, with credit card services available immediately. More services will be rolled out in the months that follow.
Watch Metaversed for upcoming details.
(via ZDnetAsia)