Mobile Banking Updates - Apr 27

Wesabe to Offer iPhone Financial Tool to Banks
"Wesabe Inc. has developed an iPhone version of its software that lets banks offer financial management tools under their own brands. The San Francisco company is expecting to receive approval today to market the personal financial management application through Apple Inc.'s App Store directly to iPhone users. Wesabe also plans to offer a white-label version that banks can offer under their own brand to their customers to keep track of accounts."

One billionth application was downloaded from Apple’s revolutionary App Store
"Apple announced today that the downloads from its revolutionary App Store, the largest applications store in the world, topped one billion."

Point, Click, Truncate: Eyeing Mobile Capture
"Last year, check-imaging analytics firm Mitek Systems turned heads when it announced plans to market mobile-based remote deposit capture (RDC) software. But when no rollouts materialized, doubts crept in about whether consumer RDC through a cell-phone camera would ever gain traction. In the last few months, however, Mitek has announced that it has signed on two key partners to distribute its mobile capture system alongside mobile banking and standard office-based remote deposit capture infrastructure."

Mobile Commerce First from Dashen
"Dashen Bank signed an agreement with iVery, a South African electronic payment technology company, for the introduction of mobile commerce to Ethiopia last week on Tuesday, April 21, 2009. According to the agreement, iVeri Payment Technologies has licensed its Gateway and MiCard e-payment processing solution to Dashen Bank."

Apple discusses iPhone with Verizon
"Apple is discussing the option of developing a customized iPhone for Verizon, sources close to the negotiations said. The device would be the first iPhone developed for a code division multiple access wireless network, which allows phones to maintain their independence while operating on the same bandwidth. The AT&T system uses a GSM (global system for mobile) system, USA Today reported Monday."