Mobile banking in the ‘first world’ is so, well, ‘third world’.

Today Barclays launched Pingit, a new service that allows you to send money via your mobile phone to other UK bank accounts. You have to be a Barclays customer to send money. It seems astonishing in 2012 that this is heralded as a, ‘new’ service in the UK. MPesa, has operated very successfully, initially in Kenya, Tanzania and Afghanistan, since 2007.

http://thebln.com/2012/02/mobile-banking-in-the-first-world-is-so-well-third-world/