RBS Using Vans To Bring Mobile Banking To Rural UK Communities

The Royal Bank of Scotland Group reportedly has invested £600,000 (US$1 million) to support five mini vans that it will use to bring mobile-banking via iPads to rural communities in the United Kingdom.

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    The vans, combined with 19 already in service, reportedly will visit some 357 towns and cover 7,000 miles each week.

    Besides using the vans to conduct mobile-banking activities, users of the vans also may conduct funds transfers and other financial services, according to IT Pro.

    A similar initiative is underway in India, where banking representatives visit rural communities to enable residents to conduct banking services using mobile devices accessed via biometric identification.

     

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