mobile banking

  • Young 'uns getting in on the mobile banking thing, oldsters opting out

    One out of five 18-35-year-olds has used their cell phone for a banking transaction – twice as many as the general population, according to a study done for IBM. Now, I’ve moved almost exclusively to online banking, but my balance transfers aren’t pressing enough that I need to do them from the middle of the street. Most people are afraid of losing personal information, but… Read More

  • Western Union building mobile payment service

    Soon, you’ll be able to get money on your mobile phone no matter where your location. The GSM Association is working with Western Union to develop a cross-border money-transfer service that would work in any country with a GSM network. Together, the two companies are building the technology that would allow customers to transfer funs with their mobile phones. Come Q2 of next year, you… Read More