Nokia Money to target emerging markets

Nokia is moving into the field of mobile banking, the Finnish handset-maker announced on Wednesday.The company said it hopes to give basic financial services to the millions of people in the developing world who do not have bank accounts.

Nokia is moving into the field of mobile banking, the Finnish handset-maker announced on Wednesday.

The company said it hopes to give basic financial services to the millions of people in the developing world who do not have bank accounts. It will offer services such as person-to-person payments and the ability to pay bills using handsets.

For more on the launch of Nokia Money, silicon.com has the full story.

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