M&I Bank Introduces Mobile Banking

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M&I Bank sees a bright future for mobile financial services. Similar to the growth seen between 2001 and the present in online banking usage, mobile banking growth will accelerate significantly in the coming years

Kansas City, Mo. (PRWEB) November 18, 2008

With launch of the new M&I Mobile product, Kansas City-area M&I Bank customers can manage their finances while on the go using any mobile phone with Internet access.

"M&I Bank sees a bright future for mobile financial services. Similar to the growth seen between 2001 and the present in online banking usage, mobile banking growth will accelerate significantly in the coming years," said Jeff Chambers, vice president of marketing for M&I Bank's Kansas City Region.

M&I Mobile allows customers to view account balances and transaction history, transfer funds, view check images, pay bills, and find an M&I branch or ATM location. M&I Mobile works with any retail or micro-business account that has access to M&I Online Banking.

With features like Expedited Payments and E-bills, M&I Mobile differs from other mobile banking programs. Expedited Payments allow customers to make immediate payments to select payees, which is helpful for customers who are on the go and may have forgotten to pay a bill. The E-bills feature sends customers information regarding their unpaid bills and is ideal for those who travel often and can not access their e-mail or physical mailbox.

Customers with an M&I Online Banking account can use M&I Mobile through any Internet-enabled phone via mibank.mobi. Those who do not have an M&I Online Banking account can sign up for one at http://www.mibank.com/enroll. M&I Mobile provides the same Secure Sign On security technology as M&I Online Banking and is free to all M&I Bank customers.

As a part of the M&I Mobile launch, M&I Bank customers have the opportunity to receive a free mobile phone. This offer includes phones and associated plans from AT&T, Sprint, T-Mobile, and Verizon. Customers can choose from many phones offered by the carriers, including many of the newest and most popular smartphones.*

"M&I is committed to providing a high level of service and convenience to our customers and will continue to invest in value-added mobile technologies," Chambers added.

A demo of M&I's mobile banking is available at http://www.mibank.com/mobile.

*Terms and conditions apply.

About M&I Bank
M&I Bank is an affiliate of Marshall & Ilsley Corporation (NYSE: MI), a diversified financial services corporation headquartered in Milwaukee, Wis., with $63.5 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin-based bank, with 193 offices throughout the state. In addition, M&I has 52 locations throughout Arizona; 32 offices in Indianapolis and nearby communities; 32 offices along Florida's west coast and in central Florida; 15 offices in Kansas City and nearby communities; 24 offices in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.; and one office in Las Vegas, Nev. M&I's Southwest Bank subsidiary has 17 offices in the greater St. Louis area. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet (http://www.mibank.com or http://www.micorp.com). M&I's customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry.

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