An article in this weeks Business Week highlights the U.S. banking industry's plans on providing person to person mobile money transfers to existing mobile banking features. Remember Craig and 'em that owe you $40 bucks that you haven't seen since?! Well any excuses will soon be finito. Pay up...via mobile all you'll need is an email address or mobile number. This service will be available sometime next year and is considered to be secure. Banks are considering charging senders a nominal fee (e.g. 25 cents).
Bank of America now accepts photos of checks taken by iphones as proof and deposits money into your account!!
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