Citi IKills Obopay P2P Trial

April 2010
Bank Technology News;Apr2010, Vol. 23 Issue 4, p1
Trade Publication
The article reports on the statement of Citigroup Inc. that sending money through mobile phones are still years away to emerge in the banking industry in the U.S. The bank concluded that the customers are still in the process of understanding the capabilities of the mobile phone technologies for fund transfer issues. Jeff Semenchuk, Citi's new growth ventures unit head said that the technology is not ready for the market.


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