USABancShares.com, (NASDAQ:USAB) a leading provider of Internet banking services, today announced its real-time wireless banking application has been selected by Palm, Inc. to be distributed with wirelessly enabled Palm handheld computers.
Through the touch of an icon, Palm users will be able to open accounts, transfer funds, pay bills and have complete control over financial assets.
"We're ready for next generation delivery of progressive financial services . . . for users who will demand 24/7 mobile access to their money. An unplugged lifestyle is becoming increasingly important, and because of the incredible potential for growth, we'll remain focused on the sector as a priority," said Ken Tepper, President & CEO of USABancShares.com. "Our distribution with Palm is an important step in implementing our wireless strategy," he concluded.
"Palm's in-box relationship with USABancShares.com will bring important additional capabilities to users of wirelessly enabled Palm handheld computers," said Byron Connell, vice president, consumer markets group at Palm, Inc. "Banking applications are a great use of wirelessly enabled Palm handhelds, and weaere pleased to work with USABancShares.com in providing customers with the information, products and services they are looking for," he added.
Launched in March as one of the first wireless banking applications in the country, aeBank Unplugged' from USABancShares.com offers real-time access to account balances, history, transfers, and electronic bill payment. The company's wireless initiative, designed in cooperation with Electronic Data Systems (NYSE-"EDS"), has been available on Palm VII handhelds and Sprint PCS web-enabled digital phones. Agreements with additional companies are planned to further enhance distribution.
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