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Citi Targets Mobile Banking, Cuts Paper

With digital bill paying now more popular than paper checks, Citibank has launched a new type of banking account designed specifically for online and mobile bankers. Mobile banking has made it easier than ever for consumers to pay bills, which is reflected in the findings from a new Citibank survey revealing that 20 percent of younger consumers do not own a checkbook. The new Access Account is designed for digitally savvy consumers by excluding paper checks in favor of online and mobile payment methods.

Read the whole story at Mobile Commerce Daily »

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