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Unicom’s CDMA mobile phone banking business — Traded Funds

By Fund China
Published: 08:37, August 1st, 2007

Go to the bank for business, you often encounter trouble in the queue now, the use of CDMA mobile phone banking, mobile phones can easily pay water, gas, telephone, traded fund. Recently, Beijing Unicom said its CDMA mobile phone banking business will be further expanded, the bank opened a securities card customers to CDMA phones or through the CCB website registered as a bank CDMA phones silver Bank customers, additional securities card to CCB phone banks, it can CDMA phone bank “financial investment” from “investment fund” feature for self-help construction firms all consignment base the types of transactions, including securities transfer card, the additional fund accounts, the fund balance, trust, transactions, positions inquiries, the fund subscription, purchase, redemption, conversion, withdrawals, dividends modify. Customers need to be getting the queue waiting for business investment fund.

Presently, in new addition to the traded  fund, the stock market business phone, Unicom mobile banking customers to provide a range of personal financial services, cover detailed account balance inquiries,  transfers, remote remittances, pay utility charges, Real-time online payments and financial investments.

Public concern on the security issue, CCB security experts said : Unicom mobile banking network based on CDMA wireless transmission, The network initially generated and applied to the military, the use of air encryption technology, high safety performance; In addition, mobile banking system is an exclusive network of hackers is no way to access the network, not the possible attack; while the mobile phone banks from the banking front-end to achieve the full encryption, and also features a digital signature mechanism, the phone card binding mechanism, the basic encryption algorithm was not decipher the possibility to ensure customer transactions and capital account security.

Copyright Fund China 2008.

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