Sunday, March 22, 2009

Real banking coming to virtual worlds

The Swedish Financial Supervisory Authority (Finansinspektionen) has granted a license to conduct banking activities to Entropia Universe developer MindArk PE AB's wholly owned subsidiary Mind Bank AB.

According to the company's official statement:

Mind Bank AB will be the first bank that fully incorporates real money transactions with activities in a virtual world. Milions of transactions can be processed by the bank for further transer to MindArk and the virtual universe. Mind Bank will also offer selected bank services to customers on the conventional market

More info: link here

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