Smartphone camera is focal point for mobile banking growth, Malauzai says

The smartphone camera is the perfect conduit for mobile banking innovation as accountholders embrace the idea of conducting financial business via pictures, the company says.

FEATURES


Summit to take a deep dive into the future of ATM and mobile technologies

The second annual ATM & Mobile Innovation Summit in September will feature experts with exceptional depth of knowledge in areas of innovation, security, compliance and regulation.

Is real-time fast enough for banking information?

ACI Worldwide's Mark Ranta thinks FIs should take it to another level.

CFPB turns its attention to mobile financial services

Agency wants to know how emerging tech can help financially underserved consumers

Paym debuts, but will security concerns derail its full potential?

Almost 400K register for service as U.K. consumers get another m-payment option.

Strategies for developing innovative and successful mobile payment apps

The pressure is on financial instutions to develop products their customers want.

Preview: ATM & Mobile Innovation Summit 2014

Tom Harper, president and CEO of Networld Media Group talks about what to expect from this year's ATM & Mobile Innovation Summit and why executives should consider it imperative to attend and hear what high-level presenters and panelists have to...

Trustly sees growth in online bank-to-bank payments

Swedish-based company driving mobile use across Europe with bank-account-based payments.

HCE should jump-start mobile payments for banks

Financial institutions now have a way to bypass the secure element owned by telcos.

Mobile payments taking off in the UK

A number of mobile initiatives in the UK is driving consumers there to use their smartphones for payments.

The Philippines is ripe for mobile remittances

Filipinos and mobile share a special relationship. With a mobile penetration of over 100 percent, almost everyone in the country has a mobile device.

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NEWS


Australian bank to add Apple TouchID mobile app access

St. George Bank plans to release the feature next month once Apple updates its mobile operating system.

Zumigo mobile tech joins Wells Fargo Startup Accelerator

Zumigo Corp., a provider of mobile device location and identity verification solutions, is an inaugural member of the Wells Fargo Startup Accelerator, launched today by Wells Fargo & Co., Zumigo announced today. Wells Fargo is exploring Zumigo's mobile location intelligence...

Allied expands mobile photo bill pay capabilities

Allied Payment Network, a provider of online and mobile bill payment services to the financial industry, announced this week that FlexPay, Allied's Internet bill pay solution, now offers banks and credit unions full integration with Allied's PicturePay mobile photo bill...

Japanese bank intros Facebook money transfers

Rakuten Bank customers can send funds via the institution's mobile banking app.

Augmented reality comes to Westpac New Zealand mobile banking

Westpac New Zealand is set to launch a new mobile banking app that will use augmented reality to enable its customers to view account information on their smartphone screen through the device's camera, according to multiple reports. Users place their...

Minnesota Twins partner with US Bank for mobile app credit card promotion

The Minnesota Twins and U.S. Bank are testing a new mobile app that enables fans to apply for a Minnesota Twins Rewards MasterCard by snapping a photo of a driver's license with the camera of an Apple iPad, according to a press release.

IBM and Monitise expand product relationship, includes mobile banking

IBM and Monitise today announced an expanded, multi-year global alliance to deliver cloud-based mobile commerce products to help financial services institutions embrace the mobile channel and better engage with customers, according to a press release. As part of today's news,...

Payments Council report claims UK leads the world in mobile payments

Following the April launch of Paym, a person-to-person mobile payment service, the U.K. Payments Council Thursday launched a research paper comparing mobile payments markets on an international basis.

CU Wallet continues growth 9 months after launch

Some 65 credit unions have agreed to offer the company's mobile wallet to their customers.

Australian credit union launches NFC payments using HCE tech

Australian credit union CUA Monday launched its Redi2PAY app, which enables users to make NFC-enabled mobile payments thanks to Host Card Emulation technology. "Unlike other mobile apps in the market, the CUA technology requires no tag or sticker to be...

British consumers adopting mobile banking and payments at a high rate

Britain consumers are using mobile and Internet banking to tune of nearly £1 billion (US$1.7 billion) worth of transactions per day, according to a major industry-wide report into consumer-friendly technology by the British Bankers Association and Ernst and Young. The...

Interesting stats emerge from BofA's inaugural Trends in Consumer Mobility Report

Consumers who use their smartphones for mobile banking log into their account almost daily, and no less than once a week, according to Bank of America's inaugural Trends in Consumer Mobility Report. The Charlotte-based bank surveyed 1,000 U.S. consumers and...

Small businesses get mobile app for electronic checks

Deluxe Corp. this week introduced a way to enable small business owners to send, receive and approve check payments from an iPhone or other iOS devices, according to a press release.  The Mobile Checkbook app serves as an extension to Deluxe eChecks, powered by VerifyValid, first introduced in 2013, according to a press release.

Morgan Stanley adds button-free RDC to mobile app

A new feature of the company's iPhone app eliminates the need for clients to fumble with the photo button to snap a picture of their check.

America First Credit Union adds location-based offers, loan applications to mobile banking app

New features are taking center stage on First America's smartphone app as the CU extends its online services to the mobile environment.

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Mobile financial services are becoming indispensible to the underbanked. In addition to payments, this research center covers other mobile banking services such as balance checks, account transactions, credit applications, funds transfer, ACH, check imaging, remote capture deposit and ATMs.