"Brandon McGee, Industry Insider, Mobile Banking Guru...He is not only the real deal, a genuine industry insider, but also knows exactly what's on the minds of financial service pros as they contemplate the various mobile options." - Jim Bruene, Publisher & Founder, Online Financial Innovations

"Going Mobile. Local executive carves niche as national expert on fast-growing banking-industry technology trend" - Scott Olson, Indianapolis Business Journal (IBJ)

"Brandon McGee, the industry's unofficial ambassador for mobile banking" 

Wednesday, September 12, 2007

Save Time! Mobile Banking Headline Recap

This has been one active week for mobile banking, and there are a handful of stories that I want you to know about. I haven't had time to flush out full articles on each one, so here is recap of this weeks top headlines:

1) Chase Launches SMS Mobile Banking

"Firethorn Holdings, LLC, (www.firethornmobile.com) the mobile banking and payments enabler, and CheckFree Corporation, a leading provider of financial electronic commerce services and products, announced today that Ogden, Utah- based America First Credit Union, one of the nation's 10 largest credit unions, will offer the Firethorn mobile banking solution to its 432,000 members."

3) Bank of America Introduces SafePass™ for Safer Online Banking
"Bank of America, an industry leader in secure online banking, is introducing a new security feature to its award-winning online banking service that provides customers with an extra layer of protection against unauthorized transactions."

"Monitise plc, the global leader in the provision of mobile banking and payments services, and Metavante Corporation, the banking and payments technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today announced the formation of a joint venture company, Monitise Americas LLC, the mobile banking and payments ecosystem for the United States. Plans for the joint venture were announced by the companies in March 2007. "

5) Research Reveals U.S. Consumer Obsession With Bank Balances
"U.S. consumers are obsessed with managing their personal finances, according to research released by Sybase 365, a subsidiary of Sybase, Inc. , the global leader in messaging interoperability and mobile content delivery. More than a third of U.S. consumers, dubbed 'nano-economists,' are able to state their bank balance at any given time, and an additional 42 percent typically know their bank balance to the nearest $200."


Hannes@Home said...

Can anyone tell me if Firethorn has actually deployed something in production?

brandon@bmcgee.com said...

Yes. They have deployed with Bancorp South - a very progressive FI. I had the pleasure of viewing a presentation on their performance-to-date at the Foreword Financial conference. Additionally, they have signed Wachovia, Regions and SunTrust but these clients have not yet taken their solutions live.