"Mobile phones have so many uses these days that we can often replace other gadgets (cameras, music players, laptops) with a single mobile phone device. Something else that we may soon be able to replace with the mobile phone is our debit cards and credit cards. That’s because we are seeing an increasing interest in the ability to use the mobile phone to make contactless payments for transactions on-site. This technology hasn’t quite hit the mainstream yet but the development of new handsets that allow for these transactions along with successful trials of mobile payments throughout the world seem to indicate that this could be the way of the future."
NACHA Payments 2009 Highlights - Erin McCune
"The exhibit hall was approximately one half the size of last year and many of the vendors opted for smaller booths than they’ve had in the past. There were relatively few bankers in attendance - travel budgets are tight, as is scrutiny of how TARP funds are spent ("Disney World Boondoggle!" would be bad PR indeed). This was disappointing for the vendors but great from my perspective; they had lots of time to talk to curious consultants from Glenbrook."
Fifth Third Bank Selects VeriSign for Mobile Text Alert Services
"Fifth Third Bank has selected VeriSign Messaging and Mobile Media, a division of VeriSign, Inc., to provide mobile banking alert services through short message service (SMS) messaging to its more than 1.3 million active online banking customers, VeriSign announced today."
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