For Subscribers

Handy Banks Palm Pilots now make banking <i>hand-y</i>. Get it?

By Cynthia E. Griffin

Opinions expressed by BIZ Experiences contributors are their own.

Hang on to your passbooks-banking is going wireless. FromCalifornia to New York, several banks nationwide are testing orhave implemented programs enabling BIZ Experiencess to access theiraccounts via mobile phones and personal digital assistants."This is a core part of the services banks offer in Europe andAsia, but large banks in the United States are just beginning tobuild this service out," says Alistair Rennie of Toronto-based724 Solutions, one of the primary companies helping U.S. banks rollout the new technology.

"The next phase of real growth and exciting developments[in banking] is wireless," affirms Michael Szwajkowski ofPurchase, New York-based Claritybank.com. This newly establishedInternet bank has incorporated wireless banking as a core featuresince its inception.

In addition to simply offering access to accounts, wirelessbanking allows BIZ Experiencess to pay bills online and wire money,making the service especially suited to time-pressed customers."These customers have a high desire for convenience and wantonline banking wherever they are," says Charles Piermarini ofChicago-based Harris Bank, which is also testing a mobile-phoneprogram.


Contact Sources

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Business News

Starbucks Built a New 'Luxury' Office Near Its CEO's Newport Beach, California Home

The 4,624-square-foot office was disclosed as part of Starbucks CEO Brian Niccol's compensation package before he started the role last fall.

Business News

Nvidia's CEO Jensen Huang Says He's 'Created More Billionaires' Than Anyone Else — Adding Two More This Week

Two more Nvidia leaders have crossed the threshold into billion-dollar fortunes — and they're still clocking into work.

Business News

Here's How Meta's AI Superintelligence Effort Is Different From 'Others in the Industry,' According to Mark Zuckerberg's New Blog Post

In a letter published on Wednesday, the Meta CEO said that the company's goal is to bring personal superintelligence to everyone.

Starting a Business

These Brothers Started a Business to Improve an Everyday Task. They Made Their First Products in the Garage — Now They've Raised Over $100 Million.

Coulter and Trent Lewis had an early research breakthrough that helped them solve for the right problem.

Starting a Business

How to Develop the Mindset for a Billion-Dollar Success, According to Raising Cane's Founder

Todd Graves was turned down by every bank in town when he started. Here, he sits down to share his mentality on success, leadership and building a billion-dollar brand.