Mobile Banking Heats Up in Canada...Scotiabank Partners With M-Com to Bring Mobile Banking To Canadians

Hello MobileMoney Canada. Hope all is well. In case you have not heard the news as yet, I thought that you may be interested in announcement just released by Scotiabank.Scotiabank will be launching mobile banking with a solution from M-Com in thespring. The details are below. 

Does anyone mind sharing their opinion on whatthis means to the Canadian mobile banking landscape? 

Toronto, Canada 

24 November 2009 

Scotiabank today announced a new partnership withM-Com, an international mobile banking and payments solution provider, thatwill bring mobile banking to Scotiabank customers in the spring of 2010. 

"With over 22 million cell phone subscribersin Canada, wireless phones are among the fastest growing consumer products inhistory," said Mike Henry, Senior Vice President, Sales & Service,Scotiabank. "Canadians rely on the convenience of mobile devices to helpthem manage their busy lifestyles, and having the ability to do their bankingfrom their mobile devices would simplify their lives that much more." 

"The launch of mobile banking for Scotiabankcustomers next spring further demonstrates our commitment to offeringinnovative, convenient and secure banking solutions for our customers"continued Mr. Henry. 

Scotiabank's mobile banking service will providepersonal and small business customers with easy access to their Scotiabankaccounts from their mobile device, regardless of their mobile service provider.Customers will be able to view balances and transaction history, pay bills andmake transfers. 

"We are delighted to be partnering withScotiabank to bring our mobile banking expertise to Canada," said AdamClark, CEO, M-Com. "We will be leveraging our experience delivering mobilebanking solutions internationally to extend our 100% implementation successrate. By spring 2010, any Scotiabank customer with a mobile device can havesecure access to their bank accounts – anywhere, any time." 

Please click on the link that follows for the fullannouncement and details on how to contact M-Com for more info. 

http://mobile-financial.com/node/3229/Scotiabank-Partners-With-M-Com-t
o-Bring-Mobile-Banking-To-Canadians