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CNN: Almost a million Koreans bank by cellphone

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Almost a million Koreans now do their banking via 3G cellphones, according to CNN. The service was first offered by Koomkin, South Korea's largest bank, about two years ago, and now all of the country's major banks offer mobile banking services. We hope the banks also offer a zero-liability policy if your phone gets lifted; according to CNN, transactions can be enabled via one button, bypassing a login screen.