If you haven't heard (!), earlier today Apple introduced the iPad - a new "magical and revolutionary device" that extends the iPhone/iPod touch platform to a new, larger size form factor. Beginning at a $499 price point, the iPad includes WiFi connectivity with 3G access as an optional feature via the AT&T network.
What are the implications of this new device for the world of banking and payments? Chatting around the Glenbrook water cooler this afternoon, we came away thinking we'll end up seeing iPads in unusual places - perhaps as POS devices, as kiosks in stores, etc. The 1024x768 pixel display would seem to the new design point for online banking user interfaces, bill presentment, receipts, etc. The iPad lacks a built-in camera - so it's not suitable for remote deposit capture out of the box. But, having 125 million payment credentials already on file is most impressive!
How about you? What are your banking/payments-related application ideas for the new Apple iPad? Comment here.