MIT Media Lab Center for Future Banking

Proverbial Wallets

We have trouble controlling our consumer impulses, and there's a gap between our decisions and the consequences. When we pull a product off the shelf, do we know our bank-account balance, or whether we're over budget for the month? Our existing senses are inadequate to warn us. The Proverbial Wallet fosters a financial sense at the point of purchase by embodying our electronically tracked assets. We provide tactile feedback reflecting account balances, spending goals, and transactions as a visceral aid to responsible decision making.

Meet Henry Holtzman

Henry Holtzman has been a member of the MIT community since 1981, joining the Media Lab as a researcher when it opened in 1985. Currently, he is the Lab's Chief Knowledge Officer, executive director of the Digital Life consortium, and director of the Information Ecology research group. In addition, Holtzman directs the Lab's CE 2.0 initiative, a collaboration with 14 Media Lab sponsor companies to formulate the principles for a new generation of consumer electronics that are highly connected, seamlessly interoperable, situation-aware, and radically simple. more

News

Lecture Series: Joseph Paradiso (MIT Media Lab): "Beyond Mobility"

We are pleased to have Joesph Paradiso (MIT Media Lab) lecture for us on Thursday, June 18th at 1pm at the MIT Media Lab. This lecture is open to the public.
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date: 06/01/09
posted by: mhata

News

Lecture Series: The Action Mill: "The Saving Game"

We are pleased to have The Action Mill lecture for us on Thursday, May 28th at 1pm at the MIT Media Lab. This lecture is open to the public.
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date: 05/26/09
posted by: yuko