Get ready to MoBank - The next generation mobile banking

Apps: Thurs 7th July 2009

MoBank, a new mobile banking service - the the brainchild of former First Direct and Egg bankers Steve Townsend and Dominic Keen - has been revealed.

The service will initially be available for iPhone users, however, MoBank for Blackberry and Google Android will follow within the next 12 months.

Similar to traditional telephone banking the service will allow customers to pay bills, authorise transactions, and transfer money between accounts. Customer's simply sign up to use the service with their existing bank accounts.

The system has some great additional features, such as the ability to set reminder alerts, and to manage accounts via the budget tracker, which help users to keep within their limits.

Co-founder Dominic Keen says, "MoBank has been designed to make people's lives easier and save them time by providing banking services on the move."

Although MoBank is linked to the user's debit or credit card accounts, no banking data, card details or PIN are stored on the actual mobile phone.

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Read the story in full on the Mobile Marketing Magazine's website.

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