Is Mobile Banking a Piece of the Puzzle?
Check out Geezeo Mobile; which allows customers to combine their deposit accounts, and receive up-to-date balances via text message. The company plans this service to be part of a larger personal finance portfolio, which has not been released yet. I like the concept, but think text messaging is limited to this application and important notifications from your bank. What I would like to see are traditional online banking services; including availability updates, balance transfers, and bill pay, become available on mobile devices. I think that the key to mobile banking is to make it a part of the total package, which can easily be scaled when demand increases in the future.
Technorati Tags: Banking, Mobile Banking, Geezeo
Posted on May 17th, 2007 | By: bootstrap economist | Filed under Banking
One Response to “Is Mobile Banking a Piece of the Puzzle?”
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Peter Glyman
Says:
May 23rd, 2007 at 10:30 pmHi David,
Thanks for writing about Geezeo Mobile. The launch has been going great and we’re starting to get some good feedback. We rolled out text/sms first primarily because it was the most open technology for most cell phone users. We do have plans to add WAP and possible a mobile application to support the extension of Geezeo to the mobile phone. Our primary focus right now is to roll the additional features that make up the Geezeo personal finance manager. We will then look to add money movement functionality through the site and via the mobile phone. If you or your readers have any questions, please feel free to contact me directly at pglyman at geezeo dot com if you have any questions.
Thanks,
Pete
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