Bank of America's Mobile Banking Grows to 500,000 Active Users
The mobile banking race is on. Bank of America has announced that, six months after rolling out its Mobile Banking service to consumers nationwide, it has reached a record 500,000 active mobile customers. The bank says that "according to a recent TowerGroup report, that's more than all other U.S. banks combined."
Bank of America, the nation's leader in online banking with 23 million active online customers, introduced Mobile Banking service in March to consumers in selected markets and expanded the service across the country in May.
"We're thrilled with the initial customer response and expect this trend to continue as more people discover the convenience of accessing their accounts while on-the-go," said Lance Drummond, e-Commerce and ATM executive for Bank of America. "Mobile Banking gives our customers the freedom, control and security to bank anywhere, anytime."
The Web-based service is accessible via most major carriers that have mobile Internet access and requires no downloading of software. To access Mobile Banking, customers simply go to the Web browser on their mobile phone and enter http://www.bofa.mobi. Once on the site, customers enter their Online Banking ID and passcode to access their accounts.
Add your comment... (note that all comments are reviewed before they're published)