T-Mobile’s Free Money Service, Complete With 42,000 No-Fee ATMs

“T-Mobile isn’t just content being your wireless carrier. It now wants to manage your money, too.  The company announced today Mobile Money, a free money management service available to anyone with a T-Mobile phone number.  It’s not exactly a checking account, but it’s similar. Think of it this way:  With T-Mobile’s Mobile Money, your wireless carrier is your bank. T-Mobile retail stores are your banking branches. T-Mobile retail employees are your tellers. And while it sounds bizarre, it’s just another example of a company trying to remove the banks from banking.”

http://www.businessinsider.com/t-mobile-mobile-money-2014-1

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