"ClairMail, Inc., the leader in mobile banking and payment solutions, announced today that is has completed membership to the Jack Henry Vendor Integration Program, extending ClairMail's mobile banking reach.
Participation in the program enables ClairMail's mobile banking and payment platform to be more tightly integrated with Jack Henry's core processing system through jXchange. By integrating with jXchange, ClairMail can now easily deliver its flexible mobile banking solution to Jack Henry customers, enabling them to fully leverage the mobile channel with the benefits of all three modes of mobile banking -- SMS, mobile web and ClairMail's unique Smart Client application -- in one streamlined interface." >>Continue Reading
Tuesday, February 9, 2010
Mobile Commerce from Target
"Target guests no longer need to carry their Target GiftCards in order to redeem them, thanks to the innovative Target Mobile GiftCard.
By taking advantage of Target’s mobile technology, any guest, tech-savvy or not, can save GiftCard information to a PIN-secure account on the Target.com mobile site. All that’s needed is a mobile phone with Internet capabilities,* which a guest can use to retrieve GiftCard barcodes for scanning at checkout.
Guests may access their Target Mobile GiftCards to add value at store registers, and check GiftCard balances at any time via the Target.com mobile site. In addition, Target Mobile GiftCard functionality allows guests to save multiple GiftCards to their account and label each one for easy reference." >> Continue Reading
Monday, February 8, 2010
Mobile Banking Updates - Feb 8
Are You Ready for the Risk of Mobile Malware?
"The recent news that Nexus One smartphone owners were unable to send or receive data is just a precursor to what security experts say is the next big threat to mobile phones and services - mobile malware.
According to Dr. Markus Jakobsson, a noted security expert in the field of phishing and crimeware, mobile phones -- especially smart phones -- pose the next big headache for security professionals. And financial institutions should be particularly concerned about risks to mobile banking."
U.S. makes small strides in getting Afghan army fighting fit, but hurdles remain
"The U.S. military is also experimenting with electronic payment and mobile banking -- allowing Afghan forces to be paid and to transfer funds through their mobile phones -- to avoid the problem of soldiers leaving their posts on payday to take cash back to their families."
Apple Slowly Integrating Quattro? Bans In-App Location-Based Ads For Developers
"Being the secretive enterprise they are, Apple has never been one to tell the world what their plans are. Tradition rings true with their purposed intentions with Quattro Wireless and their inevitable entry into the mobile advertising space.
A subtle message graced a page on Apple’s iPhone developer website as an 'App Store Tip,' saying 'If you build your application with features based on a user’s location, make sure these features provide beneficial information,' begins the so-called tip. 'If your app uses location-based information primarily to enable mobile advertisers to deliver targeted ads based on a user’s location, your app will be returned to you by the App Store Review Team for modification before it can be posted to the App Store.'”
SpeechStorm Showcases IVVO at Mobile World Congress
"SpeechStorm, the Irish company behind some of Europe's largest Video-driven mobile banking services for mobile phones, will be showcasing its latest Video IVR service, dubbed IVVO, at Mobile World Congress in Barcelona next week.
SpeechStorm's award-nominated Interactive Voice and Video Response (IVVR),or Video IVR system, IVVO, combines familiar voice-based IVR self-service features with video to create a compelling visual experience."
Apple's iTunes Preview now offers browser-based App Store access
"Apple this week expanded its browser-based iTunes Preview, now allowing users to view information on software within the App Store without ever launching iTunes.
Web site links to the iTunes Preview page can be obtained by choosing the "Copy Link" option within the iTunes application. The URL then takes users to an Apple-hosted site that provides a description, price and screenshots of any application on the App Store for the iPhone and iPod touch."
Ready to bank on your smart phone?
"Less than 10 per cent of Canadians are using mobile banking, but experts say it won't be long before the service is more popular than online banking.
Research suggests that consumers in this country would prefer to check their bank balances, transfer money, or pay their bills while sitting on their morning train commute or standing in line at the coffee shop rather than at their office or home computer."
Trial of true mobile payment begins in Shanghai
"'Mobile payment' is a large category. It covers everything from using SMS to confirm your credit card in a retailer, to simply ordering an item over the mobile internet. But for me, the true meaning of 'mobile payments' has always been to actually use your device as a payment method. Combining NFC with mobile devices, you could just wave your mobile over a reader at check-out to pay for your goods. This already works well with cards (like the Oyster card for the London Underground), and the same technology can simply be placed in your phone. Today, China Mobile and a Shanghai-based tech firm, SEIMMA Tech Co., have launched a mobile device payment trial in Shanghai."
"The recent news that Nexus One smartphone owners were unable to send or receive data is just a precursor to what security experts say is the next big threat to mobile phones and services - mobile malware.
According to Dr. Markus Jakobsson, a noted security expert in the field of phishing and crimeware, mobile phones -- especially smart phones -- pose the next big headache for security professionals. And financial institutions should be particularly concerned about risks to mobile banking."
U.S. makes small strides in getting Afghan army fighting fit, but hurdles remain
"The U.S. military is also experimenting with electronic payment and mobile banking -- allowing Afghan forces to be paid and to transfer funds through their mobile phones -- to avoid the problem of soldiers leaving their posts on payday to take cash back to their families."
Apple Slowly Integrating Quattro? Bans In-App Location-Based Ads For Developers
"Being the secretive enterprise they are, Apple has never been one to tell the world what their plans are. Tradition rings true with their purposed intentions with Quattro Wireless and their inevitable entry into the mobile advertising space.
A subtle message graced a page on Apple’s iPhone developer website as an 'App Store Tip,' saying 'If you build your application with features based on a user’s location, make sure these features provide beneficial information,' begins the so-called tip. 'If your app uses location-based information primarily to enable mobile advertisers to deliver targeted ads based on a user’s location, your app will be returned to you by the App Store Review Team for modification before it can be posted to the App Store.'”
SpeechStorm Showcases IVVO at Mobile World Congress
"SpeechStorm, the Irish company behind some of Europe's largest Video-driven mobile banking services for mobile phones, will be showcasing its latest Video IVR service, dubbed IVVO, at Mobile World Congress in Barcelona next week.
SpeechStorm's award-nominated Interactive Voice and Video Response (IVVR),or Video IVR system, IVVO, combines familiar voice-based IVR self-service features with video to create a compelling visual experience."
Apple's iTunes Preview now offers browser-based App Store access
"Apple this week expanded its browser-based iTunes Preview, now allowing users to view information on software within the App Store without ever launching iTunes.
Web site links to the iTunes Preview page can be obtained by choosing the "Copy Link" option within the iTunes application. The URL then takes users to an Apple-hosted site that provides a description, price and screenshots of any application on the App Store for the iPhone and iPod touch."
Ready to bank on your smart phone?
"Less than 10 per cent of Canadians are using mobile banking, but experts say it won't be long before the service is more popular than online banking.
Research suggests that consumers in this country would prefer to check their bank balances, transfer money, or pay their bills while sitting on their morning train commute or standing in line at the coffee shop rather than at their office or home computer."
Trial of true mobile payment begins in Shanghai
"'Mobile payment' is a large category. It covers everything from using SMS to confirm your credit card in a retailer, to simply ordering an item over the mobile internet. But for me, the true meaning of 'mobile payments' has always been to actually use your device as a payment method. Combining NFC with mobile devices, you could just wave your mobile over a reader at check-out to pay for your goods. This already works well with cards (like the Oyster card for the London Underground), and the same technology can simply be placed in your phone. Today, China Mobile and a Shanghai-based tech firm, SEIMMA Tech Co., have launched a mobile device payment trial in Shanghai."
Thursday, February 4, 2010
Wells Fargo: Text Banking for Offline Clients
"Wells Fargo & Company (NYSE:WFC) announced today that text banking — a safe and easy way to stay on top of account information — is now accessible to all customers including those who have yet to enroll in Wells Fargo Online Banking. Wells Fargo is the first major financial services company in the United States to offer text banking to all its customers.
'Our text banking service is now available to all Wells Fargo customers via a mobile phone, not just online banking customers. Through simple and secure text queries, text banking is the fastest, easiest way for customers to see a snapshot of their accounts,' said Arah Erickson, vice president and head of Wells Fargo Retail Mobile Banking. 'We are proud to enable access to account information through whichever channel best suits customers' changing needs and preferences. Text banking is convenient and customers say it works well with their busy lifestyles.'" >> Continue Reading
'Our text banking service is now available to all Wells Fargo customers via a mobile phone, not just online banking customers. Through simple and secure text queries, text banking is the fastest, easiest way for customers to see a snapshot of their accounts,' said Arah Erickson, vice president and head of Wells Fargo Retail Mobile Banking. 'We are proud to enable access to account information through whichever channel best suits customers' changing needs and preferences. Text banking is convenient and customers say it works well with their busy lifestyles.'" >> Continue Reading
Tuesday, February 2, 2010
Mobile Browser Banking to Grow by 14% Over next 12 Months
"The Mobile Marketing Association (MMA) (www.mmaglobal.com) and its official research partner, Luth Research (www.luthresearch.com), today released highlights from the latest US Consumer Briefing, a monthly survey of U.S. adult consumers about their mobile marketing behaviors and opinions. Available exclusively to MMA members, the new survey shows that 17 percent of all adults currently use mobile banking, with interest levels suggesting that usage will grow to 22 percent within the next year...
The survey further revealed that consumers' most common form of mobile banking uses a mobile Web browser (11 percent of respondents), followed by SMS (8 percent) and applications (5.5 percent). Over the next 12 months, mobile-Web-based banking will grow to 14 percent, while applications will grow to 8.5 percent. SMS mobile banking usage will likely remain flat." >> Continue Reading
The survey further revealed that consumers' most common form of mobile banking uses a mobile Web browser (11 percent of respondents), followed by SMS (8 percent) and applications (5.5 percent). Over the next 12 months, mobile-Web-based banking will grow to 14 percent, while applications will grow to 8.5 percent. SMS mobile banking usage will likely remain flat." >> Continue Reading
Mobile Banking Updates - Feb 2
VeriFone’s PAYware Mobile Now Available on iPhone App Store
"VeriFone Holdings has announced that it is shipping its PAYware Mobile secure credit card encryption sleeve for iPhone and that the complementary PAYware Mobile app is now available on the App Store.
According to VeriFone, 'PAYware Mobile provides small businesses with simple and secure card processing capabilities using the revolutionary iPhone. The app and patent-pending card encryption technology are provided free in conjunction with a low cost PAYware gateway services agreement.'"
CIBC becomes first major Canadian bank to offer a Mobile Banking App for iPhone
"CIBC today announced its CIBC Mobile Banking App is available from the App Store, offering greater flexibility and choice for CIBC clients to bank on the go by becoming the first major bank in Canada to offer a mobile banking App for iPhone. The App gives CIBC clients the flexibility to use their iPhone or iPod touch to check account balances, transfer funds, pay bills and even send INTERAC Email Money Transfers."
"VeriFone Holdings has announced that it is shipping its PAYware Mobile secure credit card encryption sleeve for iPhone and that the complementary PAYware Mobile app is now available on the App Store.
According to VeriFone, 'PAYware Mobile provides small businesses with simple and secure card processing capabilities using the revolutionary iPhone. The app and patent-pending card encryption technology are provided free in conjunction with a low cost PAYware gateway services agreement.'"
CIBC becomes first major Canadian bank to offer a Mobile Banking App for iPhone
"CIBC today announced its CIBC Mobile Banking App is available from the App Store, offering greater flexibility and choice for CIBC clients to bank on the go by becoming the first major bank in Canada to offer a mobile banking App for iPhone. The App gives CIBC clients the flexibility to use their iPhone or iPod touch to check account balances, transfer funds, pay bills and even send INTERAC Email Money Transfers."
Monday, February 1, 2010
'Phishing' Scams Cast Net on Mobile Banking - WSJ
"The next generation of 'phishing' scams, focused on mobile banking, has begun, and it has the potential to do much more damage than earlier versions.
As mobile-banking applications have increased in popularity, so has the risk of downloading and installing a fraudulent app that could draw your account information and, potentially, any other data stored on your mobile device.
The trend still is in its infancy, but there already have been instances of potential fraud. In December, Google Inc. pulled 50 applications from its Android Market online app store in response to concerns that they may be malicious." >> Continue Reading
As mobile-banking applications have increased in popularity, so has the risk of downloading and installing a fraudulent app that could draw your account information and, potentially, any other data stored on your mobile device.
The trend still is in its infancy, but there already have been instances of potential fraud. In December, Google Inc. pulled 50 applications from its Android Market online app store in response to concerns that they may be malicious." >> Continue Reading
Subscribe to:
Posts (Atom)
