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.
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.
"What's Hot" is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.