Traditional Texts Hang Tough in a Sea of Innovation

August 2009
Bank Technology News;Aug2009, Vol. 22 Issue 8, p23
Trade Publication
The article reports on the preference of banks and consumers on text messaging which is claimed the fundamental in mobile banking despite the emergence of applications and tools offered by iPhone and BlackBerry smart telephones in the U.S. City Bank & Trust Co. plans to offer for Apple Inc.'s iPhone and Research in Motion Ltd.'s Blackberry devices, but will not reject its text message alert service. It is noted that smart telephone banking remains to be nontransactional in the country.


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