We already have P2P lending, in which you can go online and directly lend money to your peers. But what about P2P payments? Fiserv, a company that offers online billing services to banks, is getting ready to launch just such a feature. Here is what Fiserv has to say about the service in a press release:
Using an e-mail address or mobile phone number, consumers will be able to send money to anyone they know, whether it is to repay a friend for concert tickets or dinner, contribute to a fundraiser, pay team dues, pay allowances or even pay the babysitter.  …read more

According to a report posted by Bank of America, less and less customers are visiting banks to deal with withdrawing and depositing, relying on other methods of doing so. Instead of waiting in line at the bank, customers are relying more on virtual account access through the Internet and ATMs.
 
The report revealed that almost 50 percent of all deposits are made using ATMs, which marks a 17 percent increase from six months ago. About 2.8 million customers have begun banking via cell phone in the last year and a half, and Bank of America is responsible for 60 percent of …read more