Tuesday, February 13, 2007

Bank of America to Launch Mobile Banking

My opinion: Bad, bad idea.

Linda Rosencrance writes on ComputerWorld:

Bank of America's online customers will soon be able to use their cell phones and smart phones to check account balances, pay bills and transfer funds.

The bank said today it's launching secure mobile banking for its 21 million online banking customers. The service will be launched in Tennessee beginning in March and will be rolled out to other cities across the country through mid-year.

Customers who have mobile Internet access through Verizon Wireless, Sprint-Nextel, Cingular and T-Mobile will be able to access the new service. Customers will also be able to use a wide variety of mobile phones and devices, including Motorola, Nokia and LG handsets or smartphones, such as the Palm Treo, RIM BlackBerry or Motorola Q.

More here.

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