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Tuesday, April 22, 2008

Generation Y takes the lead in mobile banking

Most bank patrons aren’t keen on mobile banking but Generation Y has begun to adopt it in greater numbers.

A survey for IBM by Opinion Research Group says 89 percent of the general population hasn’t tried making a mobile banking transaction while 21 percent of those in the 18 to 34 age group have used their cell phones for banking.

Today, mobile transactions are about the same as online transactions — checking your balance, moving money between accounts and setting up automatic bill payment. At some points, phones will function like credit- and debit-cards at cash registers but not yet.

Nine out of the top 10 banks offer mobile banking, but consumers are concerned about the loss of personal information. I think I’ll let this trend build for awhile before I jump in.

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Dell previews small desktop computer

Dell will roll out a small desktop computer this summer that’s designed to use 70 percent less energy.

The new model, previewed by CEO Michael Dell at Fortune magazine’s Brainstorm: Green conference on environmental issues, is about 81 percent smaller than a standard mini-tower design. It’s small enough to sit in an adult’s hand, said spokesman David Frink.

The company did not provide details about the new PC’s specifications, but it sent along this photo of the new machine.

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