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… yet U.S. financial institutions see the potential of mobile:
Minimize the expense of face-to-face transactions and infrastructure
Enhance customer service with more options for control of information
Several U.S. banks are involved in tests and limited rollouts
Mobile Ubiquitous Banking What you can do Check account balances, view transaction details, pay bills and transfer funds, find nearby ATMs and connect to customer service. Who can use it Customers who have wireless, web-enabled mobile device. How to get it Once the service is in their location, customers will have to download an application to their mobile phone. Source: Wall Street Journal Mobile banking services launching 2007