Mobility

Mobile banking set to take off in 2008

Come 2008, mobile banking is projected to take off despite the credit crunch.

Come 2008, mobile banking is projected to take off despite the credit crunch.

An excerpt from InternetNews:

Most of the country's very largest banks -- Bank of America, Wachovia, SunTrust, etc. -- have already rolled out mobile services. But looking at the top 50, many still have not.

Off the radar for nearly five years, mobile banking is expected to gain ground in the financial services sector.

Mobile services have been rolled out by some of the largest banks in the United States, and more are expected to follow. Social networking is also expected to make its way into banking sites.

How much has mobile banking been part of your financial life?

4 comments
davidgh2005
davidgh2005

I just started an account with a bank that offers mobile banking. I can see using it in a pinch. But, if it can wait till I get to a web browser. I'll wait.

pr.arun
pr.arun

How much has mobile banking been part of your financial life lately?

armstrongb
armstrongb

I am not looking for more ways to have my financial information stolen and mismanaged. However, if I change my mind maybe I will sign up for mobile banking so I can stare at a small screen that is barely legible while others look over my shoulder. I look forward to dropping a call in the middle of a serious financial transaction and/or having limited cell phone minutes wasted checking my bank balance slower than if I called the banks 800 number and just keyed in my responses as I could do before the days of mobile banking. Isn't Web 2.0 grand? So many solutions for problems I don't have.

ManiacMan
ManiacMan

as that's the least of my concern when I don't have access to a PC or laptop. Do we really need to be so crazy as to check our bank account every few minutes from our wireless PDAs'? I think not and people need to stop this insanity with their blackberries and Treos. We unfortunately are a nations of sick workaholics that cannot pull ourselves away from our stupid wireless toys for a few minutes to decompress from the daily workday stress. Our society needs a mass therapy session to treat this addiction I call internetism.