"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, March 4, 2009

Mobile Banking Updates - Mar 4


Mobile Payments Gear Up
"According to a recent research study by SYNERGISTICS RESEARCH CORP. entitled, Mobile Payments – The Consumer Perspective, it was found that almost one-fifth (18%) of Internet households report that they have done some type of mobile payment, including online bill payment, transfers or payments to individuals, online loan payments, and online purchases."

Mobile Transaction Security Still a Concern
"A report by ABI Research shows that consumers’ concerns over the security of mobile transactions were not appeased in 2008. The U.S. Mobile Phone Purchases Trends report compared two surveys taken at the end of 2007 and 2008, each of which sampled more than 1,000 U.S. mobile phone users aged 14–59."

IPhone Users Download Five Apps Each, Use Web Most
"Smartphone users around the world generally download about five software applications each, even iPhone users, according to market researcher InStat."

dotMobi Allocates First Two-Character Mobile Domain to Fifth Third Bank
"dotMobi, the company behind .mobi - the only Internet address created specifically for locating content that works on all mobile phones - today announced the allocation of the first two-character mobile Internet domain to Fifth Third Bank: http://53.mobi."


Visa in Hot Water Over SMS Alert Service
"Sounds as though Visa has encountered a little bit of trouble today. Word is they’re being sued by a small US business for infringing a patent which covers the use of SMS messages used to alert spenders of transactions."

1 comment:

Guri Dhingra said...

This is a bogus patent.

The patent office needs a major overhaul. If companies start getting patent for sending alerts, view balance, making transfers then we have nothing to innovate on.

I wonder if patents get thrown out due to a mistake the patent office made.