Mobile Banking

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  Mobile Banking Featured Articles

Digital Wallets Having Some Problems Catching On, Despite Proliferation
As we move forward in the 21st century, one thing that may fundamentally change is the way we pay for things. Credit cards have been trying to replace the way we engage in transactions for decades, but they might soon be usurped by the digital wallet.
5/14/2012

Mobile Banking Widely Adopted in India, Ghana and Nigeria
On Device Research recently released a report looking at the mobile finance activities of mobile Internet users in emerging markets, and found that 53 percent of mobile Internet users in India, Kenya, Indonesia, Ghana and Nigeria have engaged in mobile banking and payment activities. However, according to DNA, less than one percent of mobile phone users in India actually use their mobile devices for conducting banking transactions despite the technology being widely available.
5/14/2012

DeviceFidelity to Present White Label Mobile Wallet Platform
In today's scenario, financial and technical institutions pose an increased need to adopt different technology. FinovateSpring 2012 was one of such events where 64 companies showcased their latest and greatest financial technology. DeviceFidelity, the world leader in contactless plug and play technologies, also exhibited its innovation. DeviceFidelity's novel consumer centric approach, which was highlighted at the event, demonstrated the capability to easily deploy mobile contactless solutions on their current mobile device.
5/11/2012

MasterCard Debuts PayPass Wallet Services
Helping customers and sellers conduct online transactions easily and securely, MasterCard has unveiled a new global offering for banks, merchants and partners named PayPass Wallet Services. According to the company, customers can now make purchases in stores or online in a secure and easy way.
5/9/2012

Online Mobile Banking yet to Take off Big, Says Infosys Survey
An online survey among 1,000 online banking smartphone users, revealed the trends of mobile banking in the U.S. and the challenges it still faces.
5/9/2012

Elan and Webster Bank Partner to Launch New Credit Card Program
Webster Bank has announced partnership with Elan Financial Services (Elan) to launch the new range of Webster Bank Visa credit cards. The credit cards are launched for individual customers as well as businesses. The new range of Webster Bank Visa credit cards will be offered in the four-state footprint from White Plains, N.Y., to Boston, Mass. Webster Financial Corporation is the holding company for Webster Bank, National Association. Webster owns 168 banking offices, 466 ATMs, telephone banking, mobile banking, and the Internet.
5/8/2012

VeriFone Helps Push Mobile Wallet Technology Toward Mainstream
Merchants have faced pressure to upgrade their payment terminals to accept smart cards - credit cards with embedded computer chips which make the cars much less susceptible to fraud - according to a recent article from the New York Times. Apparently over the last several months, credit card companies Visa, Discover and MasterCard have said that merchants not able to accept smart cards will be liable for any losses owing due to fraud.
5/7/2012

CRM is Not Just for the Call Centers as Mobile Banking Want Better Services
While this will come as no surprise to all you customer relationship management and customer engagement experts out there, individuals who are happy with their services are increasingly more likely to continue to use them regularly. Whether that's a cell phone provider who always delivers stellar voice quality, a call center that keeps on hold time at a minimum or a data center provider that can promise enhanced security, the more you make good on your promises as a provider, the more likely you are to retain customers.
5/7/2012

BOKU to Offer Mobile Payment and Merchant Services to Sprint Customers
Online payment solutions provider BOKU announced it is offering mobile payment services to Sprint customers. BOKU's partnership with Sprint allows Sprint customers to charge online purchases to their Sprint wireless bill through a simple and secure authorization process.
5/4/2012

Mozido, TCS Expand Mozido's Mobile Payment Platform
Mozido and Tata Consultancy Services (TCS) have formed a strategic partnership to globally expand Mozido's mobile payment platform, along with the robust Enterprise Global Cloud Payment Network. Mozido offers a low-cost, white-labeled cloud multi-channel financial services (mFS) platform for mobile network operators, financial institutions, consumer packaged goods (CPG) companies and retailers.
5/4/2012

mPOS Solutions, A tool that Turns Browsing into Buying?
Motorola Solutions, which conducted a survey to determine the degree of interest evinced in mobile Point of Sale (mPOS) solutions, revealed that retailers in many service industries were resorting to these solutions to improve customer service. Exactly 541 respondents participated in the survey, fielded from December 2011 to February 2012.
5/2/2012

Are Mobile Banking Users Among the Most Loyal Consumers? You Betcha!
If you thought that sports fans and restaurant frequenters were loyal individuals, you haven't met the latest group of diehard fans - the mobile banking customer.
5/1/2012

International Monetary Systems Unveils IMS Barter Mobile App
The idea of bartering as a part of business is not something new. For years, many businesses only dealt with each other on a cash basis, but as economic problems began to emerge, some discovered value to be had in trading goods for goods outright, and services for services, or any combination of the two. The new iPhone app, IMS Barter Mobile, from International Monetary Systems, Ltd., looks to help those who want to add barter to their business profile.
4/30/2012

Sybase 365 and Dutch-Bangla Bank Recognized for Mobile Banking Implementation
Mobile messaging and mobile commerce services provider Sybase 365 announced it has shared the "Best Mobile Banking Initiative Award" with Dutch-Bangla Bank Limited (DBBL) at The Asian Banker Technology Implementation Awards 2012. The award recognizes the mobile banking initiatives undertaken by both companies in the emerging Bangladesh market, especially in the rural market where there is limited access to banking services. Both Sybase 365 and DBBL collaborated in implementing DBBL Mobile Banking using advanced technology.
4/30/2012

KeyBank Selects mFoundry for Mobile Banking
Mobile banking solutions provider mFoundry announced that KeyBank has selected mFoundry's mobile banking technology to extend the bank's mobile banking offerings to customers. mFoundry's mobile banking offering, mBanking, has helped KeyBank launch mobile banking applications with very successful results.
4/25/2012

Canada Poised to Become a Global Leader in Mobile Payments Infrastructure
Canada has more payment-ready contactless readers per capita than any other country in the world. In fact, between 12 and 15 percent of Canadian retailers already have these payment machines in their stores. With these assets in place, Canada is positioned to be the first country in the world to pioneer widespread mobile payments from its citizens.
4/25/2012

Is Mobile Banking a Convenience that You Can Afford?
Computer security company Symantec decided to find out what happened when so-called good Samaritans found smartphones that the owners had lost. So they intentionally lost 50 phones in four different cities. The good news was that many finders did try to return the phones. The bad news? About half of them snooped through the phone's contents. According to Kevin Haley of Symantec, finders went through pictures and into saved password files. Forty-three percent of finders actually tried to access banking apps.
4/25/2012

Massachusetts Bay Area Transportation Authority Offers Ticketless Transit
With the help of a company called Masabi, Massachusetts Bay Transportation Authority is now offering commuters the option to pay for train tickets via smartphone.
4/24/2012

Mobile Banking Security Concerns Can't Stop Consumers from Mass Adoption
The benefits of mobile banking are pretty obvious; it's faster, easier and a whole lot cooler. After all, who doesn't want to be that person in line at a retail store to whip out her cell phone to pay for her new pair of Jimmy Choo's?
4/23/2012

Pepi Food Services to Go 100 Percent Cashless by Year End
Pepi Food Services recently revealed that it has signed an agreement with USA Technologies, Inc., to go completely cashless by the end of 2012. Under the terms of the agreement, the company will deploy the ePort Connect cashless payment and telemetry service to covert its present vending machine base to become 100 percent cashless.
4/20/2012

Mobile Banking: The Mobile, Digital Wallets Debate
Those spreading "falsities" that mobile banking is less secure than traditional banking strategies might want to bite their tongues as new research suggests that the antithesis is actually true, at least according to one industry expert.
4/18/2012

InTechnology, Phoenix and Mako Launch PCI-certified Managed Payment Service
InTechnology recently introduced a new PCI-certified managed service called PaySecure Connect. The company announced it will collaborate with Mako and Phoenix Managed Networks to offer a robust MPLS network and a secure PCI-certified payment infrastructure.
4/17/2012

Hey Investors - All Eyes Better be on Deck for the Mobile Banking Market
It seems investors are showing no concern over backing mobile banking developments as Malauzai Software recently revealed that it has received a pat on the back from investors who forked over $2.3 million to fund the company's mobile banking apps for small community-oriented banks and credit unions.
4/16/2012

Despite Concerns that Mobile Banking is a Big Roulette Game, Consumers Putting Money on Red
It's a common problem that can arise. You and your friends get together to order pizza - or go out to a restaurant - and someone doesn't have cash or has forgotten his wallet at home. Your friend assures you that if you spot him the cash, he will pay you back tomorrow and, of course, you oblige - that is until that super tech savvy friend of yours explains that your penniless friend can simple arrange a quick money transfer from his smartphone to your phone and pay you back on the spot, thanks to the advent of mobile banking.
4/11/2012

Mobile Banking Gains Serious Traction in South Africa
If you thought that mobile banking was only catching on in the US (mostly because you can't afford that crazy expensive ticket to Europe or anywhere else remotely interesting), think again. And for those of you fortunate enough to study abroad right now, you can attest to the fact that mobile banking craze is catching on rapidly -perhaps nowhere as quickly as South Africa where the country boasts one of the world's highest mobile banking user rates.
4/10/2012

American Express Enhances Online Payment for Businesses
American Express is enabling businesses to focus their efforts on expanding their market reach. The company has partnered with Transaction Network Services to launch a payment service provider solution that offers a single-source for all merchants looking to establish an online payment system.
4/9/2012

Mobile Banking Users Can Enjoy a Multitude of Benefits, While Being Secure
Mobile banking has quickly become the new norm for people with cell phones, iPads, tablets, and other devices to perform balance checks, account transactions, payments, credit applications, and other banking transactions. However, even though mobile banking has seen major growth, some users are still showing signs that they have privacy concerns and may not be fully grasping the benefits of mobile banking.
4/4/2012

RTN Scouts Tyfone for Mobile Banking Services
The mobile banking revolution is here and the train is still accepting new passengers. One recent member, RTN FCU, a credit union, enlisted the help of Tyfone and its mobile banking services in order to make a big splash in the space. Tyfone's mobile banking services will be integrated directly into RTN's Fiserv hosted XP2 core.
4/2/2012

HEATON Debuts New PluraScan 2D Barcode Reader for Biobanking Ops
WHEATON, a company specializing in the laboratory research, diagnostic packaging and specialty pharmaceuticals industries, has unveiled PluraScan, the much awaited barcode scanner. The WHEATON PluraScan reads barcodes for various manufacturers and label printers, and outputs data directly to Microsoft Excel or to a customizable text file.
4/2/2012

Discover to Offer BilltoMobile Services to Customers
Smartphones make it possible to truly do mostly anything from the palm of your hand, including pay bills. Chase commercials are all over television showing you that you can send money from your account to other Chase customers via a smartphone application, and now Discover plans to offer a similar service to select merchants as an alternative payment options with BilltoMobile.
3/30/2012

Google Considers Sharing Revenue with Carriers to Improve Wallet Adoption
Google entered the mobile payments business last September with its Google Wallet offering. But due to tremendous competition, the search engine giant has been struggling to gain transaction for its NFC-enabled mobile wallet product ever since it entered the fray. Other issues contributing to slow growth of Wallet include security concerns, minimal consumer use, and few carrier and retail partners. Its few initial partners include Citibank, MasterCard and Sprint.
3/26/2012

Everyone is Ready for Mobile Banking. Are You?
From the customers who are using their smartphones in retail stores to show that they have a coupon to those that are lining up at Starbucks, sans wallets, to pay for their drinks (I should know, I got caught behind three of them the other day), the mobile banking bandwagon is charging forward at full steam and picking up new passengers at each stop.
3/26/2012

Innovation and Technology Blend to Flavor Pinkberry's Yogurt
When yogurt retailer Pinkberry partnered with MICROS Systems to implement Google Wallet, a smart, virtual wallet, it added yet another flavor to its fresh-cut daily fruit and premium toppings that customers found so irresistible and refreshing.
3/21/2012

TNS Announces TNSPay Mobile for Secured Wireless Payments
To support merchants and traders with convenient and secure wireless payments, Transaction Network Services has announced a new service called TNSPay Mobile. This new payment gateway and terminal management solution makes it easy for traders to proceed with their businesses and payments, while decreasing operational costs or complexity.
3/20/2012

Banking Applications Need More Features to Keep Users Interested
Smartphones have more advanced computing abilities and connectivity features than ever before. The phones were originally designed to become almost a virtual personal assistant and help enterprise management stay on top of meetings, emails, messages, and phone calls at all times. Since the development of the smartphone, many consumers wanted to have the ability to connect on a more advanced level.
3/20/2012

Greater Texas Federal Credit Union Selects Malauzai's Mobile Banking Solution
According to a recent announcement made by Catalyst Corporate Federal Credit Union and Malauzai Software, Inc, its mobile deposit capture solution has been chosen by Greater Texas Federal Credit Union.
3/20/2012

Tyfone's Mobile Banking Services Help RTN Securely Connect Money and Mobility
In order to deliver leading edge mobile banking technology to its members while making security and convenience top priorities, RTN, a tech savvy Credit Union serving communities in suburban Boston, selected Tyfone's next generation mobile banking platform. Tyfone's mobile banking services, which will integrate with the Fiserv ASP services that RTN FCU subscribes to, will enable remote payment and strong authentication ID management. It will also allow contactless payments using near field communications, according to company officials.
3/19/2012

Mobuyle Mobile Banking Platform Available on Apple iOS Mobile Devices
Mobuyle's mobile banking acceptance solution from Heartland Payment Systems is now available on Apple iOS mobile devices. Mobuyle is one of the first secure, mobile payment applications fully designed and developed by a leading card payments processor, according to company officials.
3/14/2012

Why Mobile Banking Really Works
But whether you are ready for it or not, mobile banking - or the process of monitoring account transactions, payments, credit applications and other banking transactions through a mobile device such as a mobile phone or Personal Digital Assistant (PDA) - is taking the world by storm and, accordingly, banks and credit unions all over have no choice but to hop aboard the bandwagon.
3/12/2012

Keynote Report Shows Gaps in Retail Banking
Keynote Competitive Research, the industry analysis group of Keynote Systems, has recently revealed the expanded 2012 Keynote Mobile Banking Scorecard results.
3/8/2012

DigiMo Offers Non-NFC Mobile Payments Solution
The mobile wallet is hot, and it's become more than a concept in recent months with service launches by such big names as American Express and Google. But there's a problem.
3/8/2012

CHARGE Anywhere to Offer Mobile Payment Technology to South America and Other Countries
South American, Central American, Caribbean and Mexican consumers will soon get to use Mobile Payment Technology offered by CHARGE Anywhere, a company offering secure mobile payment applications and payment gateway solutions.
3/7/2012

ServisFirst Bank Intros New Mobile Banking App, Improved Website
ServisFirst Bank, a full-service bank focused on commercial banking, cash management, private banking and the professional consumer market, has recently launched a new mobile banking app for iPhone and Android users allowing them to do transactions from anywhere and everywhere. According to Tom Broughton, CEO and president of ServisFirst Bank, the bank has always kept focus on quality customer service, technology upgrades and now they look to enhance their customers' experience by providing them with the newest trends available in banking.
3/6/2012

Mobile Payments to Reach 9.9 Billion by 2016
NPD In-Stat Research Company is forecasting mobile payment transactions to approach 9.9 billion in 2016, up from only 1.1 billion in 2012.
3/6/2012

Globe Telecom Customers Can Now Integrate Carrier Billing on BlackBerry App World
Globe Telecom's BlackBerry smartphone customers are at ease because they can now apply purchases from BlackBerry App World directly to their Globe Telecom bill. The official announcement was recently made by Research In Motion and Globe Telecom and is applicable to Globe postpaid or prepaid account holders.
3/5/2012

Partner Colorado Credit Union Unveils Mobile Banking Services for Smartphones
With mobile devices and cell phones increasingly becoming a part of daily life and with a growing number of people relying on such devices for everyday conveniences, Partner Colorado Credit Union (PCCU) has rolled out new mobile banking services for iPhone and Android mobile smartphones. This new release will allow PCCU members to access bank information and services at their own time and convenience, from anywhere. According to company officials, this move has been designed to increase efficiency and also make life easier for its members.
3/5/2012

Chase, Capital One and Barclaycard Sign Agreement with Isis Mobile Wallet
Isis recently confirmed that Chase, Capital One and Barclaycard have signed agreements that will see their credit, debit and prepaid cards being placed into the Isis Mobile Wallet. This will come into effect during the middle of 2012, after which users will have the option to upload valid Chase, Capital One and Barclaycard cards into their Isis Mobile Wallet. Once done, these users will be able to shop at all merchant stores that are enrolled in the program.
3/1/2012

Ericsson Signs Strategic Partnership Deal with MTN for M-wallet Services
Mobile telecommunications equipment vendor Ericsson signed a strategic partnership agreement with South Africa-based multinational mobile telecommunications company MTN Group to launch m-wallet services in Africa and the Middle East.
2/29/2012

CHARGE Anywhere Unveils Spanish Language Mobile Payment App for Android
CHARGE Anywhere, a company developing secure mobile payment applications and payment gateway technology, has announced plans to introduce their latest Mobile Payment Application for Android with Spanish language functionality at the CARTES in North America Expo & Conference happening in Las Vegas, Nevada.
2/27/2012

Triangle Credit Union Intros Mobile Banking App for Union Members
If 2011 was the year of cloud and virtualization, then it looks like 2012 will certainly be the year of mobile banking - largely due to the surge in smartphone use and the desire for immediate banking services.
2/27/2012

Credit Unions Take Note: Mobile Banking Could be the Key to Continued Existence
Are credit unions slowly going the way of VCRs, Discman and CDs? According to Jim Van Dyke, founder of Javelin Strategy & Research, that might be the case as credit unions are quickly in danger of becoming extinct.
2/24/2012

Intuit Unveils New Mobile Banking App for iPad
Intuit Financial Services, a company that provides business and financial management solutions for banks, credit unions, customers and accounting professionals, recently announced the launch of new tablet mobile banking app for iPad. With this app, banks and credit unions can now offer their customers a new way to manage their finances from mobile devices.
2/21/2012

Device Adoption Drives Mobile Banking
After a pause in 2010, mobile banking adoption surged by 63 percent in 2011, rising to 57 million from 35 million U.S. adults, representing 22 million consumers in one year, according to a new study by Javelin Strategy and Research.
2/21/2012

Paymotech Signs Agreement with Mexico's Boundless Payment Solutions and Mi Adelanto Corporativo
Paymotech, a global leader in telecommunication and mobile payment solutions, signed an agreement with Boundless Payment Solutions and Mi Adelanto Corporativo, a Mexican consumer credit company, to deploy its Paytoo mobile payment service into the Mexican market.
2/15/2012

Kony Launches Second Version of its Mobile Banking Application
Kony Solutions, a mobile banking provider, has announced that it will be launching Version 2.0 of its much-loved product: Kony Mobile Banking. The company currently supplies mobile banking capabilities to two of the three biggest banks in the United States.
2/15/2012

MetraTech's Solution Selected to Monetize Temenos T24 Cloud-Banking Offering
MetraTech's Metanga application has been selected as the monetization and billing system for the Temenos T24, a public-cloud banking platform.
2/14/2012

Credit Union Selects Connect for Mobile Banking Applications
Connect Financial Software Solutions has entered into a multi-year agreement with Summit Credit Union to provide mobile banking applications and mobile remote deposit capture solution. "We have been looking for a true application-based mobile product-set that included the ability to support Mobile Remote Deposit Capture capabilities," said Sam Whitehurst, president and CEO of Summit CU, in a statement.
2/14/2012

Google Wallet Users Beware; Your Pockets May be Picked
"The Proof of concept app" seems to be making headlines as a report from a senior engineer at zvelo noted that the security of the Google Wallet mobile phone payment system is not as tight as one might think. zvelo is a premier provider of URL categorization technologies, URL database, malicious website detection and reputation blocklist solutions.
2/13/2012

YESpay and YES-wallet.com Offer Cloud Based NFC Contactless Payment Service
As Google's Wallet is making its way into retail segments, two companies YESpay International Limited and YES-wallet.com Limited have signed a deal to work on Near Field Communication (NFC) global standard technology. Together, the two companies have built a cloud based payment platform to enable consumers the advantage of securing a wireless digital transaction with their purchases.
2/7/2012

CoVantage Credit Union Taps Tyfone's Mobile Banking Services
Mobile banking provider Tyfone is certainly starting off 2012 on the right foot as the company recently announced the availability of its mobile wallet services to CoVantage Credit Union (CVCU) members.
2/7/2012

Municipal Credit Union Becomes Latest Bank to Unveil Mobile Banking Application
Banks everywhere may quickly want to hop aboard the mobile banking bandwagon as the train is charging forward at full steam and is quickly leaving in its dust very few banks, as most have already bought a one-way ticket on the train.
2/6/2012

New Report Identifies Strong Potential for Mobile Banking
There is a growing confidence in online banking, especially as consumers rely more heavily on mobile devices for the management of their personal and business lives. At the same time, the increase in banking subscribers shows a confidence in their handheld devices. Both trends are helping to support growth for financial institutions everywhere.
1/31/2012

PXT Money Promotes Mobile Pay App with Free Coffee and More
"Can I $ u a Shot -- of Espresso?" is an innovative way to create awareness of mobile payment. PXT Money, a mobile payment and rewards provider, announced that it offered free coffee on January 26 to college students at Angora Cafe when they paid with their phone.
1/30/2012

Mobile Banking Products Good, but Now Security Needs to Catch Up
According to a new Akamai report published by IDC, titled "New Threats Demand Innovative Responses," application delivery firm Akamai warns financial institutions about the digital channels they're increasingly launching "without a sufficient IT strategy behind them," leaving them vulnerable to cyber attacks.
1/30/2012

SHAZAM Unveils Adaptive Payment's Pentagon POS Payment App
The SHAZAM network, a provider of EFT services to community financial institutions in 30 states, announced the launch of the Adaptive Payment's Pentagon mobile point-of-sale (POS) payments application. The Pentagon mobile payments platform allows merchants to accept PIN debit, signature debit and credit transactions using iPhone and Android mobile phone and tablet devices.
1/26/2012

Small Businesses Increasingly Use Smart Devices, Social Media Services to Run Operations
Gone are the days where latest technological advances were only confined to big businesses. In today's IT landscape, there are a huge number of small businesses in America that are increasingly using emerging technologies in order to smoothly and efficiently run their day-to-day operations. In a recent Small Business Opinion Poll, commissioned by EMPLOYERS, America's small business insurance specialist, it has been revealed that more than one-third of small business decision-makers use smartphones or tablets to help manage their businesses each day.
1/26/2012

Home Depot and PayPal to Expand Mobile Wallet Trials
Sick of fiddling with cash, credit cards and debit cards? Are you a Home Depot shopper? Soon, you may be able to bypass traditional payment methods at the do-it-yourself chain and carry nothing but your cell phone or tablet. Called a "mobile wallet" by the electronic payment industry, the concept lets you pay for your home improvement supplies right at the checkout with your mobile device and a special pin code or PayPal card.
1/25/2012

Mobile Banking Poised for Unprecedented Growth in 2012
2011 certainly saw a lot of trends take the spotlight - cloud communications, MTV's "Teen Mom" saga, Charlie Sheen's "bi-winning" rants, and the introduction of the romper. But no trend stole the show more than mobile banking, as consumers everywhere began handling their finances through smartphones, coffee devotees hit up coffee shops to pay for their delicacies with iPhones, and banks churned the innovation wheel to come up with banking apps.
1/23/2012

BU Students Get Taste of Mobile Banking Thanks to PXT Money
It's time to forget the plastic as PXT Money, a mobile payment and discount program company, is welcoming BU students back after a nice winter vacation with a $5 free sign-up gift for BU basketball fans which they can use for paying the bills at Sunset Cantina, Big City, or Sunset Grill before, during, or after the game at Agganis Arena.
1/20/2012

Mobile Banking Service Adoption to Cross Half a Billion Users by 2013
Mobile banking (mBanking) services add a competitive edge to banks, and thanks to the growing popularity of smartphones and high-end mobile devices, mobile banking services are finding greater adoption among banking customers. A recent report from Juniper Research finds that mobile banking users worldwide will reach 530 million by 2013, up from just over 300 million in 2011. The research also finds that mobile services are becoming a fundamental component of banks' business strategies as they respond to the current financial crisis.
1/17/2012

Technology Companies Will Win the Virtual Money Race
It seems inevitable: virtual money and mobile payments will take a large market share from traditional payment methods. At least, as mobile phones and virtual communities pervade our everyday life, it makes sense that we will spend more money using these new forms of payment. So assuming virtual and mobile payments keep growing, the main question becomes who will be in control of our payment infrastructure. I propose that companies that are well versed in making technology products will succeed in gaining control over virtual and mobile payments.
1/17/2012

First National Bank of Santa Fe, Intuit Team to Offer Consumer Mobile Banking
First National Bank of Santa Fe is teaming with Intuit Financial Services to offer consumer mobile banking, allowing customers the ability to access account balances, make transfers, view transaction history and pay bills via a mobile Web browser, text messaging or iPhone and Android Apps. John Thompson, CIO of First National Bank of Santa Fe, said that First National is adding FNB Mobile banking to its already robust and expanding financial product and service offerings.
1/16/2012

Mobile Banking Remittances on the Rise
Remittances - money sent back home from people working in foreign countries - are a major source of national income for many countries. The Philippine economy, in addition to its thriving outsourced call center industry, depends heavily on the remittances from hundreds of thousands of Filipino women working abroad as nannies, housekeepers, nurses and in other professions.
1/11/2012

Two Apps Aim to Help Brits Increase Mobile Banking Via Smartphone
Smartphones are growing just as rapidly in Britain as anywhere else... well, maybe not as rapidly as South Korea, but pretty rapidly. They're ahead of Germany but not quite up to France. And there's a market for mobile banking via smartphone, although Brits aren't the most gung-ho when it comes to banking via mobile. Nevertheless, Halifax and the Royal Bank of Scotland see opportunities there, as each have launched mobile banking apps to help customers manage their accounts on-the-go.
1/9/2012

The Mobile Wallet - a Conversation with TMNG's Rich Nespola
The Internet has turned the world of retail on its ear, creating both challenges and opportunities. But the mobile wallet could create new opportunities for retailers to ring up sales via smartphone-based purchasing and promotions.
1/5/2012

A Look Ahead to What 2012 Holds for Mobile Banking
2011 was nothing short of newsworthy for the mobile banking industry. From the rapid adoption of the trend everywhere from the U.S. to Britain and banks hopping aboard the mobile banking bandwagon to big names like Google diving into the market with innovations such as Google Wallet, 2011 was clearly the year of mobile banking.
1/4/2012

White Paper: Mobile Banking Comes with Implementation Uncertainty
There is a growing interest in mobile banking as the use of smartphones continues to burgeon. However, according to a white paper published by CUNA Technology Council, with this new technology comes uncertainty about the best way to implement it. The white paper, titled "Maximizing Mobile Banking's Potential," provides guidance on how credit unions can get the most from the implementation of mobile banking.
1/3/2012

Mobile Banking: American Medical ID Launches New Mobile Website
American Medical ID announced the launch of its new mobile website which will be of great help to consumers as it lets them make purchases of custom engraved medical alert jewelry conveniently. "The team at American Medical ID is dedicated to serving our increasingly-mobile customers and we are pleased to announce this new feature," Rick Russell, president of American Medical ID said.
12/28/2011

Mobile Banking is Expanding From Simple Bank Apps
Mobile banking is no longer a vision of things to come. Today, with smartphones and SSL-level encryption, we can complete a variety of transactions without ever stepping into the bank, making a call or firing up the PC. In fact, according to this Tyfone video, mobile banking is becoming a reality for an increasing number of consumers as more banks are offering apps for smartphone and other wireless devices.
12/28/2011

Mobile Banking is Here: Are You Ready?
Whether you want to admit it or not, mobile banking is on your mind and you are pretty darn excited about it. After all, who wouldn't want to be able to use their smartphone to pay for their Starbucks coffee or their iPhone to pay their credit card bill? And if you are still reluctant to admit that you fancy mobile banking, then keep reading.
12/20/2011

Mobile Banking? No Thanks, We're British
Hm, it appears the Brits don't much fancy mobile banking. Not that they're unaware of it. According to industry observer Gill Montia, KPMG's latest Consumer & Convergence Report found that UK consumers and businesses are actually "ahead of the curve when it comes to adopting new technologies."
12/19/2011

MediSwipe Debuts Mobile Banking Solution for Rx Pharmacies, Wellness Centers and Retail Merchants
MediSwipe Inc. and its wholly owned subsidiary 800 Commerce Inc. have launched a mobile banking and loyalty solution for Rx Pharmacies, wellness centers and retail merchants thoughout selected areas of the United States. Users can download the free PayCloud application from iTunes or Android stores online to have access to all merchant locations via a geographical locator and map, showing all participating merchants on the system and network.
12/13/2011

Tyfone's Mobile Banking iCashe Mobile Wallet Tapped by OnPoint Community
The Credit Union Times blog by Robert McGarvey does a fine job hitting the highlights in its space, and recently McGarvey looked at Portland, Ore.-based OnPoint, which announced it has become the first credit union to offer iCashe Mobile Wallet, a mobile banking service from Portland's tech developer Tyfone. OnPoint, the largest credit union in Oregon, currently has more than 226,000 members and assets of $2.9 billion. With Tyfone's product, OnPoint mobile banking users can purchase gift cards on their smartphones. A good time of year to roll it out, we'd say. The program includes such national retailers as Barnes & Noble, Fandango and Zappos.com.
12/13/2011

MasterCard Invests $18M in mFoundry
mFoundry, a provider of mobile banking and payments services, recently announced that it has raised $18 Million of finance. Led by MasterCard Incorporated, the financing round included participation from industry leaders Intel Capital, FIS, and Motorola Mobility. The officials from mFoundry said the funds will be used to develop the new payments-related mobile products and services for financial institutions and mobile network operators. Also, the company is looking to expand its mobile banking business.
12/7/2011

Google Wallet Won't Be Available, Initially, on Verizon Wireless Galaxy Nexus
Google says Verizon Wireless has "asked" it not to include Google Wallet functionality on the new Android-powered Galaxy Nexus smart phone Verizon Wireless is introducing in December 2011. It does not immediately seem as though the decision is irrevocable, though. "We are continuing our commercial discussions with Google on this issue," Verizon Wireless Spokesman Jeffrey Nelson said.
12/6/2011

HSBC Mobile Banking App Most Popular in UAE App Store
HSBC UAE announced that its mobile banking solution was rated in top 25 most popular free apps on UAE app store. The achievement is significant because it won this recognition within 48 hours of its launch. The app also won the outstanding vote of confidence from its customers as it achieved a ranking of No. 1, in the finance category.
12/5/2011

Verizon Wireless Samsung Galaxy Will Not Support Google Wallet: FCC Principles to be Tested?
It is understandable why Verizon Wireless, an owner of the Isis mobile wallet service, is not especially anxious to support the rival Google Wallet service that currently runs on Android devices equipped with near field communications capabilities. Google Wallet, in fact, will not be supported on Verizon Wireless' version of the Samsung Galaxy smartphone set to launch on the Verizon network in January 2012.
12/2/2011

MasterCard Invests in mFoundry, Joining Intel, Fidelity, Motorola Mobility, NCR, PayPal
MasterCard has made a strategic investment in US mobile money app developer mFoundry, leading a funding round that also includes Intel Capital, Fidelity Information Services and Motorola Mobility, according to press reports. Previous investors include NCR and PayPal.
12/1/2011

ABI Research Predicts MNO Mobile Wallets will Succumb to Google and Apple by 2014
Move over Coach and Prada; there is a new wallet in town. According to reports, mobile wallets are here to stay and while it will be the MNOs that will account for providing a large number of the NFC-based devices, their market share will begin to decrease between 2012 and 2016.
11/29/2011

Canadians Take to Mobile Banking
Is mobile banking getting bigger? It sure is in the Great White North. A recent survey from ING DIRECT finds that nearly half of Canadian smartphone users, 49 percent to be precise, expect to do banking from their mobile device in the next 12 to 24 months.
11/28/2011

Mobile Banking: BullGuard Announces Discount on Security App for Online Shoppers
BullGuard, a security company, announced that it is reducing the price of its mobile security product by 50 percent during the forthcoming holiday season. The price reduction is expected to help protect the increasing number of consumers who will purchase gifts online using their cell phones thanks to mobile banking advances. BullGuard Mobile Security 10 is compatible with Android, Blackberry, Windows and Symbian smartphones. It protects mobile devices by stopping viruses, spyware and hackers from accessing the phone, and keeps personal details safe.
11/22/2011

Advancements in Mobile Banking Technologies Helping Make the Virtual Wallet a Reality
The near insatiable demand for mobile connectivity along with recent advancements in near-field communication (NFC) and memory card technologies have helped expand the market for mobile banking exponentially in the last few years. In fact, Gartner estimates that mobile payments will increase to more than $1.1 trillion by 2014, up seven fold from current numbers.
11/21/2011

Breakeven Inc. Teams with Admeris to Launch Mobile Banking Software
Admeris officials have confirmed that they have inked new partnership agreement with Breakeven Inc., a game-changing provider of cloud computing solutions for nonprofit organizations, to introduce mobile banking software. This new partnership will enable Admeris to utilize Breakeven CauseView platform that offers cost-effective and intuitive way for nonprofit organizations (NPOs) to develop, track and maintain long-term relationships necessary to sustain fundraising and engage volunteers.
11/16/2011

mopay's Mobile Banking Platform now Supports HTML5
With HTML5 gearing up to be the new standard of code to create desktop and online applications, mopay, a company known for its innovative payment solutions for online merchants, has upgraded its mobile banking platform to support HTML5 services and games. By opening up new ways of integrating media into website and Web apps with no additional plug-ins, HTML5 is being considered as the hottest cross-industry trend for online companies worldwide.
11/14/2011

SecureKey Technologies to Power Canada Government's New Online Authentication Service
The government of Canada has awarded Toronto based SecureKey Technologies a contract to provide an innovative Credential Broker Service (CBS) that will allow Canadians to use their bank authentication credentials to obtain access to online government services.
11/9/2011

Star One Credit Union Taps Tyfone for Mobile Banking Solution
When company officials at Star One Credit Union knew it was time to reestablish mobile banking for its members, it quickly turned to mobile banking leader Tyfone.
11/7/2011

Digicel - The Third Mobile Financial Service Provider in PNG to Select Telepin Software
Telepin Software, a leading provider of mobile money transaction platforms, recently announced a business agreement with the Caribbean's largest mobile telecommunications operator, Digicel Group.
11/1/2011

Say Goodbye to Outdated Services with Pageonce Mobile Banking App
Now individuals will have remote control over when and how they pay their bills as Pageonce has unveiled its mobile bill pay service which allows users to view all their bills and pay from any account, all through one app.
10/31/2011

More Americans Using Mobile Devices for Banking, Insurance: Study
Americans are getting more comfortable with using their mobile devices for banking - leading to predictions of more growth in the sector.
10/28/2011

Boingo Wireless Goes PayPal-Ready for Making Wi-Fi Purchases More Convenient
Boingo Wireless, Inc., a company that operates over 400,000 Wi-Fi hotspots worldwide for making Wi-Fi access easy and convenient for mobile people, has recently announced its compatibility with PayPal, the world-leading online payment service.
10/27/2011

SelectCore Unveils Blackberry Mobile Banking App for Iridium MasterCard
SelectCore, a prepaid telecom and financial services provider for the under-banked consumer market, announced the launch of its second-generation mobile banking Blackberry app for Iridium MasterCard. Earlier the company launched the "Interact Online reloads" in June of 2011 followed by the release of its Iridium mobile banking app in September.
10/25/2011

Thank You, Steve Jobs, for Paving the way for Mobile Banking
Amidst the torrent of eulogies and outpouring of retrospectives on the late Steve Jobs, industry observer Catherine New strikes a thought rarely covered: Along with the Mac and iPhone and iPad and general coolness in technology, Jobs also revolutionized our money and the mobile banking industry. Truly. It wasn't enough for him to revolutionize the way we buy music, he also "fundamentally changed wired Americans' relationship with their finances - from how and when we shop and bank to our awareness of our net worth," New writes.
10/24/2011

Mobile Banking Company Tyfone Reflects on iCashe Release
For the first time there is an eCommerce engine that can deliver purchasing power through any mobile banking application and the industry has Tyfone to thank for that. Last week, mobile banking company Tyfone unveiled iCashe, the industry's only service to blend comprehensive mobile banking features with convenient consumer purchasing, gifting and loyalty programs, according to company officials. Built on top of Tyfone's award-winning u4ia mobile financial services platform, iCashe allows consumers to enjoy contactless NFC payments and a high degree of secure identity management.
10/18/2011

Mobile Banking: Symantec's Whitepaper Details Top Seven Android Monetization Schemes
According to a new research from Symantec, a majority of recent efforts to monetize mobile malware have a low revenue-per-infection ratio. This has limited the return on investment achieved by attackers. However, Symantec cautions that this ratio is likely to increase in the future as smartphones gain traction as payment devices. Smartphone usage is growing exponentially, with new mobile device shipments increasing 55 percent in 2010.
10/18/2011

Mobile Banking Company Tyfone Announces Availability of iCashe
According to a recent press release, Tyfone recently launched iCashe(TM), a new mobile wallet and eCommerce engine that blends comprehensive mobile banking features with convenient consumer purchasing, gifting and loyalty programs.
10/14/2011

Mobile Banking Company Tyfone Intros New Mobile Wallet
In an effort to continue to charge forward in the mobile banking race, today Tyfone unveiled its iCashe(TM), a new mobile wallet and eCommerce engine that for the first time delivers purchasing power through any mobile banking application.
10/12/2011

NXP, Landis+Gyr Showcase NFC-Enabled Smart Meter
The leading provider of high performance mixed signal and standard product solutions NXP Semiconductors recently teamed up with renowned energy management solutions provider Landis+Gyr to showcase smart meters with integrated NFC technology at the Metering Europe event, held in Amsterdam from Oct. 4-6. NFC wireless technology helps connect NFC-enabled devices, such as smart meters, with smartphone and other connected devices. The technology enables authorized utilities and end-consumers to conveniently access and read smart meter data in real time using a smartphone.
10/11/2011

MOBIbucks Unveils a Universal Smart Mobile Banking Application
MOBIbucks, a provider of mobile payments and marketing solutions, announced the launch of what the company claims is "the industry's first smart mobile banking app that works with any phone." The new mobile banking app, dubbed as MOBIBanked, works with all popular smartphones including Android, iPhone, Blackberry and Nokia. It offers standard mobile banking capabilities such as viewing account balances, history and transactions, transferring funds and paying bills.
10/11/2011

Mobile Banking Zooming In Australia: In 10 Years will it be Ubiquitous?
Is it possible that within 10 years, mobile banking and mobile payments will be entirely ubiquitous? Careful with those "In 10 years..." predictions. This reporter has heard that in 10 years, America will be on the metric system, cars won't run on gasoline and the Minnesota Vikings will win the Super Bowl.
10/11/2011

Advanced Merchant Solutions Launches Mobile Banking Solution for Apple's Mobile OS
Advanced Merchant Solutions (MerchantAnywhere), a provider of solutions for mobile banking, has launched a new payment solution for Apple's mobile operating system. MerchantAnywhere officials explained that its Pocket Verifier Professional now available with iMerchant, is designed to help one transfer funds from their customer's credit card directly into their checking account. The solution is capable of making use of the user PDA' internet connection to authorize and transfer funds and allows them to conduct business anytime and anywhere.
10/4/2011

Tyfone Dissects Mobile Banking Terminology Confusion
From Google Wallet to Visa Wallet to the Isis Wallet, there has been no shortage of news about mobile banking, electronic wallets and NFC this past summer.
10/3/2011

Tyfone Teams with AboMem to Manufacture, Distribute SideTap microSD NFC Products
Mobile banking company Tyfone has joined hands with AboMem Technology Corp., Taiwan's premier memory products manufacturing company, to manufacture, distribute and service Tyfone's SideTap microSD NFC products. As a result of this partnership, Tyfone will also be able to enjoy the widespread distribution of SideTap microSD cards to consumers throughout the People's Republic of China via AboMem's extensive distribution network.
9/26/2011

PaymentOne Corporation Announces Industry-First Mobile Banking Program, PayOne FastPay
PaymentOne Corporation, a global player in mobile payments, recently introduced an industry-first mobile payments program, PayOne FastPay, which guarantees disbursements to merchants in as fast as seven days. Merchants and publishers often used to get frustrated by extended wait periods to receive their cash from mobile payments providers. This new program will help them by dramatically reducing the typical 60-90 day waiting period for payouts required by carriers and other mobile payment vendors.
9/26/2011

American Express Looks to Dive into Mobile Banking Pool
American Express has decided it wants to have a higher presence in mobile banking, online commerce and such in emerging markets, according to Executive Vice President David Messenger who says deals in China and "investments in or purchases of smaller Silicon Valley startups with valuable technology," are on the table. According to Bloomberg, Messenger said that even though American Express agreed to acquire Loyalty Partner, an international marketing firm for $660 million last year, as well as Accertify, which helps merchants combat fraudulent transactions during online purchases and elsewhere, they're not stacking arms.
9/26/2011

mfoundry Zips Past the 500 Client Mark
mFoundry, a service provider whose name is in the forefront of mobile banking services, recently announced that around 500 banks as well as credit unions located in North America have chosen them as their mobile banking solution service providers.
9/23/2011

Google Wallet Adds Three Major Credit Card Companies to its App
Google Wallet just launched yesterday and already the company is starting to add big names to its lineup. The Near Field Communications (NFC) program has announced that Discover, American Express, and MasterCard have all signed deals to be featured on the new service by the World's biggest search provider. Unfortunately, those of you who are running out to go buy things with your Google Wallet and these credit card providers, hold up. None of these companies are available on Google Wallet just yet, but will be in the near future.
9/20/2011

Google Wallet May Arrive as Soon as Today
Google's highly anticipated mobile payment platform, Google Wallet, may launch as soon as today in select U.S. cities.
9/19/2011

U.S. Bank Announces Mobile Banking Services for Business Customers
U.S. Bank, the fifth-largest commercial bank in the United States, announced it is offering a new tool called U.S. Bank Mobile SinglePoint for business customers that provide secure banking services via their mobile device.
9/14/2011

Mobile Banking is Here to Stay; But Are You Getting Better?
According to a recent piece in Information Week dedicated to the keys of mobile banking, banks are realizing that their customers are more mobile, have devices that are far more mobile than before, and want mobile banking services.
9/13/2011

Star One Taps Tyfone for Mobile Banking Features
Star One Credit Union had a problem: its 86,000 members were still by and large mailing in paper-based checks. What they wanted was a mobile option that would integrate with the core system but still allow customization so they could get members switched to mobile banking.
9/12/2011

Tyfone to Launch Secure Mobile Banking Authentication Service
Mobile financial solutions provider Tyfone announced it will exhibit the mobile banking solutions next week, according to a report from mobilitywire.com.
9/12/2011

Mobile Banking: 99Bill Unveils e-Payment Platform and Mobile Payment Strategy
99Bill, an independent third-party payment service provider in China, announced the launch of its new 99Bill+ payment platform. The company also shared its strategy for mobile payments at an event attended by over 100 guests, including banking partners, operators, device manufacturers, merchant partners, as well as industry analysts and the media.
9/8/2011

MShift and ACI Worldwide to Showcase ACI Mobile Enterprise Banker for Tablets at FinovateFall 2011
ACI Worldwide, a provider of payments systems, and MShift, a solutions provider of mobile banking, announced that they are going to showcase the tablet version of the ACI Mobile Enterprise Banker application at the FinovateFall 2011 in New York, from September 19-20 2011.
9/6/2011

ERPLY Introduces Portable Credit Card Reader for Mobile Handheld Devices
ERPLY recently announced the availability of portable credit card reader for retailers to process payments in mobile handheld devices securely. It provides a convenient Point-of-Sale (POS) for the retailers and it also includes very low fee and a convenient card processing technology for on-the-go sales and inventory management. ERPLY is one of the industry leaders in cloud-based mobile, laptop, and desktop based POS solution provider.
8/31/2011

mFoundry Multi Mode mBanking Solution Finds Favor with Nassau Financial
With data-connected mobile phones continuing to dominate the market and consumers expecting a richer and more compelling service from their banks, Nassau Financial launched Mobile-24, a new multi mode mobile banking service powered by mFoundry's mBanking solution.
8/30/2011

Carriers Team to Invest in Mobile Banking
AT&T is falling in line with other companies who have decided to hop aboard the mobile banking train, as the company recently announced that it has teamed with Verizon Wireless and T-Mobile USA to invest more than $100 million into a joint venture that helps consumers pay for items with their smartphones.
8/29/2011

Universal Secure Registry Receives Key Electronic Wallet Patent
Universal Secure Registry has announced that the company has received patent from the United States Patent and Trademark office which covers key aspects of USR's proprietary technology for secure financial transactions.
8/29/2011

Who Will Lead Mobile Payments?
The 2011 KPMG Mobile Payments Outlook, based on a survey of nearly 1,000 executives primarily in the financial services, technology, telecommunications, and retail industries globally found that 83 percent of the respondents believe that mobile payments will be mainstream within four years (by 2015).
8/29/2011

Alpha Card Services Selects SparkBase to Power Loyalty and Gift Card Programs
Alpha Card Services, a comprehensive business solutions provider that enables cost effective payment solutions for thousands of businesses across the United States, has selected SparkBase to power the loyalty and gift card programs for their merchant clients. "We selected SparkBase to provide our loyalty, gift card, and mobile marketing solutions because of their robust technology platform and commitment to their ISO partners," said Lazaros Kalemis, CEO of Alpha Card Services, in a statement.
8/24/2011

PaymentOne Crosses $5 Billion Milestone
PaymentOne has announced that the company has exceeded $5 billion in micro-payment transactions and incremental revenue generation for its digital clients. The company is a provider of frictionless payment and carrier billing solutions.
8/23/2011

PaymentOne Exceeds $5 Billion in Micro-Payment Transactions
PaymentOne, a provider of carrier billing solutions, announced that it has recently surpassed the $5 billion milestone in micro-payment transactions and incremental revenue generation for its digital clients. As an inventor of the "no credit card required" operator billing model, PaymentOne Corp. offers integrated operator billing. With the help of this model, consumers can bill digital purchases on any connected device to their mobile, broadband or home phone bill.
8/23/2011

Tyfone Talks Mobile Banking Trends with TMCnet
Don't be surprised if pretty soon you see smartphones replacing credit cards in the cashier line as the mobile banking space is becoming exceedingly popular.
8/23/2011

Fortumo -Payfone Partnership Enables Secure In-App Mobile Payment
Fortumo, an international mobile payments provider, has entered into a partnership with Payfone, a mobile payment processing service, to power the direct billing option for Fortumo's in-app purchasing technology.
8/16/2011

Attending a Concert? Don't Worry About Losing Tickets Thanks to Mobile Ticketing
A concert recently took place featuring dance group LMFAO and rapper/producer/Mr. Keys Swizz Beatz that was part of an experiment in mobile ticketing. The Billboard Summer Blowout party was the first event in history in which every ticket was given out to attendees through mobile phones. The company behind this innovative service is ShowClix and Joshua Dziabiak, founder of the company. Dziabiak revealed in a Yahoo article that the new MMS ticketing system was the first of its kind to be used in the United States and he said he hopes the system will forever change the way ticketing works going forward.
8/15/2011

Fortumo Selects Payfone to Power Mobile Payments
Fortumo, a provider of mobile payments, has selected Payfone to power the direct billing option for its in-app purchasing SDK. Thanks to the partnership, Fortumo's clients will now be able to provide consumers with the ability to make safe and secure mobile payments in real-time from any device, such as PC, smartphone, tablet or Wi-Fi. "We are excited to work with Payfone because of their deep integration with mobile operators' billing systems," said Rain Rannu, co-founder of Fortumo, in a statement.
8/15/2011

Canada Quick to Adopt Mobile Banking
Mobile banking is hot everywhere right now as reports keep coming in that demonstrate the fact that the mobile banking trend is only just its infancy.
8/9/2011

Isis Picks C-SAM's Wallet Management Platform and SDK for Mobile Commerce
C-SAM, a provider of secure mobile transaction technology, announced its agreement with Isis, a mobile commerce joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, to license its wallet management platform and software development kit (SDK). Leveraging the C-SAM platform, Isis will be capable of offering smartphone users a mobile wallet for conducting secure near-field-communication (NFC) transactions related to payments, rewards, coupons, tickets, transit and other services.
8/8/2011

cMoney Releases Beta of Mobile Payment Solution
cMoney, a Houston-based provider of mobile payments solutions, announced the beta product of their mobile payment solution. The cMoney solution utilizes secure patent pending technology for mobile phone users, retailers, and financial institutions, according to company officials.
8/5/2011

Hidden Costs Scare away Consumers from Using Digital Wallets: Report
Despite all the hype, a majority of Americans are still concerned about using digital wallets because of the hidden costs that service providers charge them.
8/5/2011

mFoundry Helps Verity Credit Union with Mobile Banking
The service-based mobile banking platform of mFoundry has a new customer, Verity Credit Union. mFoundry's mBanking solution has been now deployed by Verity Credit Union. An announcement in this regard has been made by the fastest-growing mobile banking company in the U.S., mFoundry.
8/4/2011

Secure Your Mobile Payments on Mobile Wallet Platform from Admeris & Omnego
Admeris recently announced a partnership with Omnego to create and deploy a mobile wallet application.
8/3/2011

Host.net's PCI DSS Compliancy Validated on VISA's Global Registry
Host.net, a multinational provider of network infrastructure services, stated that its PCI DSS compliancy has been validated over the VISA Global Registry of Service Providers.
8/2/2011

Square Mobile Banking Services Surge
Square, a company that prides itself on offering the simplest way to accept credit cards, has made a pretty big splash in the mobile banking space. After celebrating a successful May - in which over $3 million mobile payments were made - Square is now processing $4 million in mobile payments daily and predications indicate that Square may have reached well over $100 million in transactions for July.
8/2/2011

What is Mobile Banking?
What if you could use your smartphone to not only keep track of your checking balance, credit card statement and savings account interest, but to also pay for that cool new sweater. Well, thanks to mobile banking services, all of that is now a possibility.
8/2/2011

Jumio Introduces New Technology Creating the World's Most Secure Online Payment Method
Jumio Inc., unveiled a new technology solution for businesses to increase security and ease of use for online and mobile credit card payments. The company patented Netswipe solution turns any webcam into a secure credit card reader that allows merchants to more easily and efficiently accept payments online.
8/1/2011

Mobile Banking Doing More than Just Making You Look Hip
Sure you may look pretty cool when you swipe your iPhone instead of your MasterCard to pay for that Caramel Frappuccino Light Blended coffee at Starbucks, but what else can mobile banking do for your image and finances?
8/1/2011

Report: One Billion Payment Cards with Contactless Capabilities to Be Shipped in 2016
An estimated one billion payment cards with contactless capabilities will be shipped globally in 2016, up from just 170 million in 2010, according to the latest estimation by ABI Research.
7/27/2011

Jumio Unveils Patented Netswipe Solution to Make Online Payments Easier and More Secure
Consumers and businesses looking for more efficient and safer ways to make credit card payments can now heave a sigh of relief, as the payment company Jumio has unveiled a unique solution - Netswipe - that turns any webcam into a credit card reader.
7/27/2011

Avant-Garde Selects Hypercom's Mobile Network Service and Terminal
Demand for mobile payments is clearly increasing as merchants themselves become more mobile. Considering this, Avant-Garde Marketing Solutions, Inc., one of the nation's fastest growing Independent Sales Organizations, has selected Hypercom's Optimum M4230 multi-application mobile payment terminal and Mobile Network service.
7/27/2011

Netbiscuits Partners with Admeris for M-Commerce Payment Options
Netbiscuits, a provider of cloud software service, has signed a Technology VAS partnership with Admeris Payment Systems, an M-commerce platform provider, to provide the Admeris patent-pending OneTouch m-commerce payment platform for Netbiscuits development partners and brands.
7/26/2011

Clairmail Deploys Jigsaw Data Cloud to Support Mobile Banking Operations
Salesforce.com, an enterprise cloud computing company, announced that Clairmail, a provider of mobile solutions for banking, payment and card services, has deployed the Jigsaw Data Cloud to escalate its rapidly growing mobile banking operations.
7/26/2011

Monster Offers Caters to Market Needs in Daily Deals Industry
Monster Offers, a publicly-traded mobile banking solutions provider and Daily Deal aggregator announced that its mobile payment solution is well positioned to cater to the needs of the Daily Deal industry.
7/26/2011

BRAC Bank's bKash Introduces Mobile Banking Services In Bangladesh
bKash Limited, a BRAC Bank subsidiary and Bangladesh's first complete mobile financial service provider announced the launch of its mobile banking operation. bKash offers both bank customers and the unbanked population of Bangladesh financial services through mobile phones. The company's offering presents a safe place to store money and a secure channel to make payments and carry out money transfers.
7/25/2011

Mobile Banking Trend Surges across the Globe
Move over cloud and converged communications as there is a new big shot trend in the tech space right now - mobile banking.
7/25/2011

Giftango Releases Mobile Wallet Conversion Platform to Allow Secure Conversion of Plastic Gift Cards into Digital Equivalent
Giftango, a digital eGift card company, has announced the release of its Mobile Wallet Conversion Platform, designed to offer secure conversion of plastic gift cards into digital forms of payment simply by using the 2D barcode printed on the back of a plastic gift card. The new offering from Giftango will bring together merchants, incentive houses, plastic card printers, and virtual payment technology companies to give consumer adoption of the mobile wallet a much required boost.
7/22/2011

American Express Joins with Sprint to Promote its Digital Payment Platform
In an effort to promote its recently launched digital payments platform called Serve, American Express announced a partnership with Sprint. The agreement marks Serve's first relationship with a mobile carrier since its launch late March.
7/19/2011

CoVantage Credit Union Picks Tyfone's Mobile Banking Solution
Tyfone, a provider of mobile financial solutions, announced that CoVantage Credit Union (CVCU), serving 17 counties in Wisconsin and Michigan, has picked Tyfone to deliver next generation mobile wallet services. CoVantage selected Tyfone's mobile wallet services including Symitar Episys core integrated mobile banking, enhanced strong ID authentication mobile security and NFC contactless payment technology, to better serve its members with their every day mobile financial service needs.
7/18/2011

Tyfone Mobile Banking Platform Finds Home in OCCU
As Tyfone continues to establish itself as a market leader with regards to mobile baking, organizations are seeing value in Tyfone's mobile offering, which provides much more than just mobile banking. Accordingly, Orange County's Credit Union (OCCU) of Orange County, Calif., is another financial institution that has employed Tyfone's mobile baking platform, u4ia.
7/14/2011

Tyfone Launches Mobile Banking Channel on TMCnet
(Norwalk, CT - 7/13/2011) Technology Marketing Corporation (TMC), a global, integrated media company, announced today that the Mobile Banking channel, sponsored by Tyfone, has been launched as the newest addition to the TMCnet Online Community program.
7/13/2011

Tyfone Distinguishes itself in Mobile Banking Space
If you take a look around, mobile banking is currently in all facets of life - from Google's plans to unveil a mobile payment platform to Square's digital wallet functions to Starbucks' mobile payment apps. But there still remains one company that is paving the way for the mobile banking space, Tyfone - a leader in mobile financial services. Founded in 2004, the Portland, Ore.-based company boasts turnkey infrastructure designed to promote device and carrier independence for mobile financial services for the world's leading organizations.
7/13/2011

Mobile Banking Company Talks about its Flagship Memory Card
Tyfone, a leading provider of mobile banking services, has some bragging rights when it comes to its patented SideTap microSD memory card for mobile payments; the card is the world's first technology capable of fully integrating near-field communications (NFC) contactless card payment capabilities with a popular and commonly used mobile phone accessory, a MicroSD memory card.
7/13/2011