Mobile Banking

CR2 signs new bank in the Armenian financial market

BankWorld designed by CR2 will enable Ameriabank to offer banking solutions available 24/7 via the self-service channels including the ATM and Kiosk network as well as the Internet and Mobile Banking channels. This will be a new world in the Armenian financial market as all remote banking channels will be unified in a single platform providing clients with maximum convenience and standardising access to all services via any remote banking... more Read more »

ICICI Bank launches in-store mobile-based payments with ‘mVisa’

ICICI Bank, India’s largest private sector bank, launched a service to enable customers to make electronic payments from their smartphones at physical stores, e-commerce and other deliveries at home, radio taxis, and utility billers, among others. This service is based on ‘mVisa’, a new mobile payment solution from Visa. ICICI Bank claims to be the first bank globally to launch a mobile app-based ‘mVisa’ solution for consumers and merchants. Read more »

1st Advantage Federal Credit Union Expands Fiserv Relationship with Mobile Banking and Payments Offerings

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that 1st Advantage Federal Credit Union, based in Yorktown, Virginia, has added Mobiliti(TM) for mobile and tablet banking, the Popmoney(R) personal payment service for person-to-person payments, and Mobile Source Capture(TM) for remote deposit capture. Read more »

Kony and ORNL Federal Credit Union Deliver Innovative Mobile Banking App Experience

 Kony, Inc., the leading enterprise mobility company, today announced it has Read more »

RedCloud and Insiyabi sign contract for mobile-banking solution in Africa, Asia and the Middle East

RedCloud Technologies and Insiyabi sign a Partnership to bring secure Mobile Financial Solutions to the Banked and Bankable across Africa, Asia and the Middle East. Faisal Gill, Executive Director, MEA & Asia at RedCloud had this to say about the partnership; “RedCloud support those organisations who launch highly disruptive digital financial services whether they are; Banks, Financial Technology (FinTech) business, mobile network operators... more Read more »

Lloyds Bank Trials ‘tap to bank’ Technology For Mobile Banking Authentication

Lloyds Bank trials are exploring how the use of Near Field Communication (NFC) and contactless technology can improve the registration process for those setting up mobile banking. The ‘tap to bank’ technology has so far been tested on over 125 people, enabling them to use their Lloyds Bank contactless debit card as a way of securely authenticating their identity when setting up the mobile banking app. Read more »

Banks Are Adopting Biometrics As An Authentication Method For Mobile Services

Banks are rapidly adopting biometrics as an authentication method for mobile services and are willing to cooperate to provide customers with a common interface, according to a survey from the Mobey Forum. Of 235 respondents from financial institutions and solutions providers in Europe, North America and the Middle East, 22% currently offer biometric authentication for access to mobile services. However, this is set to rise to 65% in the near... more Read more »

Citi Upgrades Mobile App For U.S. Clients

Citi announced today the release of its completely redesigned Citi Mobile® App for iPhone® in the U.S. The new app for consumer banking and credit card customers enables the use of the Touch ID feature on iPhone devices, integrates with Apple Watch™ and adds new features responding to customer feedback and changing behaviors. Citi redesigned the app, consolidating menus, delivering effortless browsing, and introducing a new, simplified... more Read more »

Banking by Mobile Overtakes Branch Interactions - BBA

Banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank, according to the British Banking Association. Read more »

Apple Pay expands into UK

Apple Pay will come to the UK in July, Apple confirmed at its Worldwide Developers Conference in San Francisco on Monday. It will be available at more than 250,000 locations - more than the number of merchants it had in the US for last year’s launch. Participating retailers include Marks & Spencer, Costa and Waitrose – as well as Transport for London, meaning that Tube and bus travel can be paid for with Apple’s contactless payment system. Read more »

US Bank Streamlines Corporate Mobile App

U.S. Bank Access® Online Mobile, a dynamic productivity tool that gives users anytime access to information about their commercial cards, has been expanded to include more features of Access Online Payment Plus, the bank’s electronic payment management system. Users can now request virtual card accounts and have them delivered right to their mobile devices to make payments. Read more »

Digital payments are picking up in Singapore

According to a new Timetric report, digital payments are gaining prominence in Singapore supported by the rising online and smartphone penetration, consumer preference for convenient payments and the presence of an increasing number of online retailers. With the introduction of payment methods such as PayDollar, Fastacash, PayPal, MOLPoints and MasterPass, the digital payments are expected to increase further and supplement the traditional... more Read more »

Mobile Fintech Investment Increasing

Fintech may be all the rage, but it is in the mobile arena where the biggest bets are being placed, with over $1.1 billion raised globally across 58 financings in Q1 alone, according to data from CB Insights. The uplift is part of a larger trend, which has seen mobile fintech funding top $300M in four of the last five quarters. Overall Q1’15 funding, which reached $372M, was up 238% versus the same quarter a year prior. Read more »

ING Netherlands unveils mobile banking app for SmartWatch

ING Netherlands introduces a Mobile Banking app for the smartwatch (only in Dutch) today. It’s ING’s third innovation of the Mobile Banking app in less than a year: in September 2014 hands-free banking with voice recognition was launched and fingerprint authentication was introduced in March this year. ‘Wearables’ like the smartwatch are the latest trend and make it possible to check your account balance even faster by just looking on your... more Read more »

Mobile Banking Leads Financial Liberation in Eastern Europe

The increasingly mobile-centric lifestyle of many Europeans can largely be attributed to the increase and success of mobile channel initiatives focused on providing cheaper, more convenient services. Although still playing catch up to Western Europe, mobile subscribers in the Central and Eastern European (CEE) region are increasingly reliant on their mobile devices and smartphone adoption is increasing. Read more »

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