BancorpSouth has announced has launched AT&T Wireless’ (Cingular) new mobile banking system, making it the first bank to do so. It got a bit of a head start, it was the bank which participated in the trial AT&T announced at CTIA. The service will let BancorpSouth customers (who are also AT&T customers) who download the mobile banking application view their account balances, transfer funds between accounts, and receive and pay bills. The information on the application is password protected and encrypted. (release)
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