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Top Mobile Banking Story ACI Worldwide Releases a Study on SmartphonaticsRecently, ACI Worldwide partnered with Aite Group to study the impact of smartphones on mobile banking and payments. In fact, the customers who use their smartphones are called Smartphonatics and they are said to be the reason behind the demand for mobile payments and banking. 
Welcome to the Mobile Banking Channel Welcome to the Mobile Banking channel sponsored by Tyfone, a leader in mobile financial services. As mobile devices continue to advance and penetrate the market, Mobile Banking is on its way to becoming the "new normal." Mobile banking has evolved from simple SMS banking to Web & App banking to include features such as balance, history, transfers and bill pay. Moving forward, more advanced mobile-specific features such as mobile remote deposit capture (mRDC), digital wallet via Near Field Communications (NFC) and secure device and identity management are quickly evolving. This channel will focus on the latest trends and news related to mobile banking. Mobile Banking Featured Articles ACI Worldwide Releases a Study on SmartphonaticsRecently, ACI Worldwide partnered with Aite Group to study the impact of smartphones on mobile banking and payments. In fact, the customers who use their smartphones are called Smartphonatics and they are said to be the reason behind the demand for mobile payments and banking. 5/23/2012 Adeptra, ValidSoft Collaborate to Develop First SIM Swap Fraud Solution for Banking IndustrySIM swapping is a financial crime that is increasing in frequency, where fraudsters obtain and utilize a replacement SIM card to acquire security messages and one-time passwords sent to the consumer by the bank. Criminals are then able to change details, add beneficiaries and transfer money out of the account using personal information that may have been acquired through phishing attempts. While most types of financial fraud are seeing reductions due to chip and pin protection, reports indicate that phone fraud is on the rise with a 48 percent increase in 2011. 5/23/2012 SACU Selects MemberEdge Solution from Wescom Resources GroupMemberEdge from Wescom Resources Group is a comprehensive line of online banking solutions which allows users to take things to a new level. Created from the ground-up for credit unions and having integrated six years of market-tested innovations, MemberEdge is tried and true, offering convenient online services which will give users a leg up on the competition. Recently the company, along with Vertifi Software, announced that SACU, (San Antonio Federal Credit Union - $2.96 Billion assets, 255,511 members) has installed WRG's MemberEdge Mobile Banking solution, which went live to members May 6, 2012. 5/23/2012 Mitek RDC Enables You to Cash Checks with Your SmartphoneMitek, one of the premiere companies for mobile image capture technology, announced over $10 billion in mobile deposits using their Remote Deposit Capture (RDC) during the second half of 2011. This represents a 143 percent jump in transaction volume from the first. 5/21/2012 Commonwealth Bank Indonesia Becomes Latest Institution to Embrace Mobile Banking TechnologyIf 2011 was the year of the cloud then 2012 is without question the year of mobile banking, as evidenced by the financial institutions, credit unions and companies lining up to bring mobile banking technologies to their offerings. 5/21/2012 Mobile Banking Industry News
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