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#26
Originally Posted by zerojay View Post
Wow... that's... quite shocking.
Why is that shocking? You're not storing any login or password information. The details are tied to the cell number at the bank end, not the user end. You can't get account, branch or other numbers that could be used for identifying the account. All you get are the balances and a handful of functions. For example, the list from my bank (credit union), Vancity:

Originally Posted by vancity.com
Text any of these commands to VNCTY(86289) and receive your account information on your phone.
  • ACT - To access the account activity of your primary account
  • ACT <account nickname> - To Access the account activity of a specific account
  • BAL - To access the balance of your primary account
  • BAL ALL - To access the balances of all your accounts
  • BAL <account nickname> - To access the balance of a specific account
  • DISABLE - To temporarily disable your phone
  • HELP - To access a list of the commands you can use
  • INFO - To access contact info about Vancity
  • STOP - To permanently delete your phone
I would imagine most online banking services use this same system, as I find it hard to believe that every bank would develop their own sms banking independently.