Yeah, and he's definitely got a better TV voice and cooler name than me...
Security is a big concern for mobile banking features. Any bank with an app will have it encrypted, but I think concerns here will make many consumers hesitant to adopt it.
As to Gabe's point about losing your phone and having important info stolen, new phones coming out - like the Moto Droid Bionic - will be better prepared to handle it. They'll have remote wipe and online-driven controls over a smart phone in the event it's lost or stolen.
KRON-TV's tech reporter Gabe Slate also mentioned this new service from Starbuck's and how it relates to keeping your personal data secure when using mobile payments:
See the video "How to Safely Shop on Your Phone" here:
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