Green Dot Bank has launched a full-service bank account specifically designed to operate on a mobile phone.
At last, it's great to see a mobile banking app that leverages not just one, but many, features supported by a smartphone - mobility, camera, GPS, for example - instead of being designed as a trimmed down version of Internet Banking. Shame about the need
for a plastic card, though, which I guess is forced upon GoBank by current card industry regulation.
CompetitiveNew York City, NY (USA)
© Finextra Research 2014