Swedish banking group SEB has partnered telecommunications company Hi3G to develop a range of banking services accessible through 3G mobile devices.
The two companies plan to roll out financial services such as management of personal finances, transactions and payments, trading facilities, news and financial tools to consumers over their mobile phones and personal digital assistants (PDA).
Fleming Carlborg, head of SEB's Nordic retail and private banking division, says: "This is a natural next step to continue the development of mobile banking services in line with our customers' demands for flexibility and simplicity. 3G banking will even more expand our customers' possibilities to use modern technology as complement to personal meetings and contacts."