New Wireless Banking Service in U.S.

Despite low adoption in U.S., local bank Premier America Credit Union recently launched a new text-messaging service the firm said is enjoying some success, according to this story. The SMS alert enables users to check their balances, past transactions and other information.

It launched a wireless alerts service in May, and it now counts 181 users. Although the number of wireless users is only a tiny portion of the banking firm's 70,000 total members, Premier America considers it a far greater success than its previous wireless banking effort.

| 9:47 AM | SMS and Charities |
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