Do you suppose Veev uses IWM product? Am I in the wrong direction. Don't really understand the technology, but if so this is, Like ED Sullivan used to say this could be "Reeally Biiig!!!". Just my opinion.
canoe.com
Its biggest rival, Bell Mobility, recently teamed up with Bank of
Montreal to offer wireless banking via cellphone or wireless Palm
Pilot, a popular handheld computer. That service, called Veev, is in
the midst of a 90-day trial.
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Wednesday, June 9, 1999
Technology News
Scotiabank and Rogers to offer wireless
banking
More Technology News
TORONTO (CP) -- Cellphone operator Rogers Cantel Inc. has joined
forces with Scotiabank in the race to offer wireless financial services
to bank clients.
The two companies join a growing list of joint ventures aimed at
cellphone users who want more flexibility than regular telephone or
Internet banking allows.
Under the agreement announced Wednesday, Scotiabank clients
will be able to check account and credit-card balances, stock quotes,
portfolio information and e-mail using a so-called interactive
messaging device.
The device, developed by Research in Motion Ltd., is really a
high-end pager with a larger-than-average screen and a small
keyboard.
The service is to be available in late summer, priced at between
$16.95 and $49.95 per month, depending on the number of messages.
The interactive pager, a RIM 950, costs $599 for those signing up
for a monthly contract, but the price drops for those who sign up for
a longer term.
All banking information -- with messages of up to 16,000 characters
-- is relayed on Cantel's secure data network, the bank said.
Rogers Cantel is Canada's largest wireless provider, serving over
two million customers.
Its biggest rival, Bell Mobility, recently teamed up with Bank of
Montreal to offer wireless banking via cellphone or wireless Palm
Pilot, a popular handheld computer. That service, called Veev, is in
the midst of a 90-day trial.
And Microcell Solutions, another wireless rival, announced last
month that it's joining the Royal Bank to provide a similar service.
Microcell, the company behind the Fido brand, said its product
should be ready by the end of this year.
Meanwhile, CIBC has yet to reveal its plans.
"We're actively investigating wireless banking services," CIBC
spokesman Joe Hein said Wednesday |
