The young consumers, between 18 and 34, preferred using their mobile phones for banking purpose, Opinion Research found. Ah, yes, with one condition: if there were no extra fees involved. continued »

New Harris Interactive study finds that 16 percent of mobile phone subscribers use mobile banking services, with 60 percent of these people using the services at least once a week. Many others presently not banking and buying on-the-go expressed interest in mobile banking, with 35 percent open to checking bank account balances and transferring funds via their mobile devices. continued »