Tuesday, September 29, 2009

Stock Market Update: Tuesday, September 29, 2009

It's time for all of us to move into the 21st century. Mobile Banking is the next big thing and it's here right now! It will be important for us to be familiar with it because this is the way more and more customers will be handling their banking. You don't wanna get left behind!

U.S. Bank's Mobile Wallet application is now available to anyone and everyone! A press release issued today says, "U.S. Bank Introduces Downloadable Mobile Banking Application." The article goes on to say that to "register for the Mobile Wallet or to view a current list of supported devices, U.S. Bank customers should visit usbank.com, log in to Internet Banking, and select Mobile Banking. The Mobile Wallet rounds out U.S. Bank’s selection of mobile banking offerings, which also includes text message account alerts and a mobile web site."

I downloaded the iPhone version and it works well. It doesn't look like I can use internet bill pay yet but hopefully that's coming soon! If you have an iPhone, Blackberry or any of the other supported devices it works on, you should definitely check it out. And, if you don't have a phone that supports the application it BUT you still have access to the internet through your cell phone, you can always use U.S. Bank's mobile web site at www.m.usbank.com.

The market was down today and so was U.S. Bank stock. I believe there are two reasons for this. 1. Barbra Streisand released a new album today. 2. The Angels clinched the West; keeping the Mariners from earning a World Series title once again. Investors are understandably depressed.
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