Cingular To Launch Mobile Banking Next Year
Nov 15, 2006, 1:48 AM by (staff)
Cingular today revealed it is in talks with a number of banks to allow customers to manage their accounts from a mobile phone. A Cingular spokesman said subscribers will be able to view balances, make transfers and pay bills from their phone if they use a participating bank using an application downloaded to the phone. Such services are already popular in Europe and Asia. Cingular is separately currently testing mobile payments with Nokia and Mastercard using phones that have an NFC chip built in. In Japan and Korea, many operators have started to combine these two services, allowing users to link NFC payments to a bank or card account that can be managed from the phone.
I have always thought that somethinglike this would be a useful feature...