Cingular Wireless is planning to launch a mobile-phone banking service that allows users to check account balances, transfer money and pay bills on their cellphones the same way they do now on their computers.
The new mobile service is set to be available on Cingular handsets early next year as part of a deal between the carrier and Firethorn Holdings LLC, a closely held company that specializes in mobile banking.
Cingular's service works only if a user's bank makes it available for downloading off its Web site. At this point, Cingular says it is in talks with a number of banks but so far hasn't announced any deals.
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