Verizon Wireless Makes Mobile Banking Easier

Filed in archive Mobile Commerce , Mobile Technologies by leo on August 13, 2007

Verizon Wireless has redesigned its Mobile Web 2.0 service to enable easier access to mobile Bank of America, the leader in online banking. It simply means:

Customers are able to check account balances, view transactions, pay bills, and transfer money between accounts and to other Bank of America customers. Customers can locate Bank of America ATMs and Banking Centers, view location hours and get directions from their Verizon Wireless phones.

Improving accessibility is a good step towards acceptance. Still, Verizon should pursue stronger security measures to assure customers. Although this is already a responsibility of Bank of America, it would really add more value if there is another protection layer.

Even though there is a study about mobile banking not a consumer demand, these recent developments might help trigger growth of this channel the way Internet spurred online banking in the earlier days.

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Related Entries:

Mobile Banking Not a Consumer Demand - 24 April 2007
America's Most Convenient Bank Offers First Mobile Private B... - 16 May 2007
Bank of America Goes Mobile - 23 May 2007
Mobile Banking Opportunity: U.S. Consumers Obsessed With Ban... - 11 September 2007
Pay Bills and Deposit Paper Checks via Camera Phone - 29 January 2008

« There is Still Hope for L... | Main | AT&T Launches Mobile Back... »

Permalink: Verizon Wireless Makes Mobile Banking Easier

Tags: mobile banking mobile technology bank of america mobile technology trends 2007 verizon+wireless

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Vote for Verizon Wireless Makes Mobile Banking Easier:

Currently 9.50/10
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Rating: 9.50 out of 4 vote(s) cast.

Response from: verizonwireless rocks (08/16/07 9:42am)

It's nice you can do banking on you tiny cell phone screen. The only reason that I haven't tried it yet is that I still don't feel secured when the transactions go through a wireless network.

Response from: Link Directory (08/27/07 5:19am)

The phone looks pretty good, but does it have like a firewall software included?

Response from: Mobiltelefon (01/02/08 1:08pm)

This is not a new thing on the market. We got this in Norway 2 years ago.

Response from: universityupdate.com

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