Cingular readying mobile banking for '07

Cingular would like its customers to manage what little money they don't give their carrier every month with their phones. That's the latest coming out of Cingular's Atlanta HQ, announcing that it's in talks with several unnamed banks to allow customers to "view account balances, transfer funds and pay bills" on its handsets. The system will make use of a downloadable app under development by a third party; whether this all has anything to do with a Citibank-run trial in New York City to make payments using Cingular phones, we're not sure -- but either way, we figure carriers are looking for novel ways into your wallet here.

[Thanks, Arun J.]

Read - Reuters
Read - Citibank trial

[(Unverified) Posted Nov 16th 2006 11:24PM]

This can already be done as long as your bank offers online banking and your phone can run Opera mini-browser. Works great on Sprint PowerVision phones!!

[(Unverified) Posted Nov 18th 2006 1:22AM]

Like you can't just call your bank from your mobile? WTF - this must be some idiot's idea of a way to increase data revenues at the expense of voice revenues.