Monday, January 28, 2008

Skyfire brings desktop-quality browsing to your phone

Here's some support for my previous post re mobile banking. We won't have to create mobile sites for our members to access Internet banking on their phones because mobile browsers will be so good at rendering the web.

Friday, January 04, 2008

Mobile Banking

I've, for the time being at least, convinced my colleagues here at the credit union that mobile banking is not yet worth the time and expense. I know being able to access your accounts via your phone's browser or SMS is the latest next big thing but I'm not seeing it. Here are my problems with it:
  • More members use our phone service than Internet banking for balance inquiries and transfers which tells me members are already using their cell phones to manage their accounts.
  • Members that are likely to use mobile banking are also very likely to have quick access to a PC with high-speed Internet access and can put off whatever they need to do until they get back in front of it.
  • The iPhone has shown what the next generation of phone browsers is going to look like and they aren't going to require optimized sites.
I don't think I am looking at this from the perspective an old timer fighting progress. I just think the technological advances coming for cell phones and the increasing ubiquity of high-speed Internet access make mobile banking a costly stop gap measure.