"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" 

Sunday, September 20, 2009

Mobile Banking Updates - Sept 20

Microsoft and M-Com Deliver Mobile Payments Solution Globally
"Microsoft Corp. and M-Com today announced a solution offering that provides banks and payment processors with industry-leading mobile payments functionality -- creating more opportunities for banks to offer mobile payments services to their customers and maximize their revenue opportunities. This solution clearly demonstrates that consumer choice and deployment flexibility for banks are key to the success of global mobile payments solutions for the financial services industry. The announcement was made at Sibos 2009, the industry's premier global financial services forum."

OnPoint Community Credit Union chooses NFC micro-SD supplier Tyfone for mobile banking launch
"OnPoint Community Credit Union, Oregon's largest credit union with more than US$2.8bn in assets and 200,000 members, has selected Tyfone's u4ia platform as the infrastructure behind its mobile banking strategy. To begin with, the credit union will launch a range of 'standard' mobile banking services. MicroSD-based NFC contactless mobile payment capabilities are set to follow."

The ABCs (and Fs) of Mobile Banking
"I’m a pretty tech-savvy individual, but I have to admit I’ve only recently gotten into mobile banking. I thought I was arriving late to the party—I mean, I feel like I’ve been seeing commercials about online bill paying and text message updates forever. But a recent study suggests that, depending on your bank, the aforementioned party could be anything from a roof-raising shindig to a gaggle of freshmen playing board games, or it could be no party at all. ABI Research Inc. evaluated the mobile banking services of 29 of the nation’s biggest chains, in addition to some smaller banks, ranking the overall user friendliness with letter grades A through F."

US mobile banking giant buys Macalla Software
"US mobile roaming company Roamware, that has its eyes on the US$5bn global mobile banking market, has acquired Dublin software company Macalla for an undisclosed sum. Macalla’s m-commerce and mobile banking solutions are successfully deployed by banks and operators around the world; these solutions include adding prepaid minutes, credit transfers, international remittance, person-to-person transactions and bill payment."

TopUp LIME Mobile Phones at Western Union Locations in the United States
"LIME, the Caribbean's leading full service telecomms provider, and MoreMagic Solutions, a leading mobile payment solutions provider, announced today that friends and family of LIME customers, living outside the Caribbean, are now able to purchase TopUps and transfer the airtime to LIME phones, at Western Union Agent locations throughout the United States. C&W is
connected to the MoreMagic Solutions IRR Global Hub, in order to perform international TopUp transactions and settlements. From 46,000 retail locations, or the web at www.etopuponline.com, a customer can purchase a gift of prepaid airtime for a LIME mobile phone. Because MoreMagic Solutions offers daily foreign exchange (FX) without markup, LIME customers receive maximum airtime value at Western Union locations in the United States."

Mocapay closes funding round with $3.0 million
"Mocapay, that provides the only mobile commerce platform supporting integrated mobile payments, marketing and distribution at point-of-sale, announced Wednesday about securing of $3.0 million in funding from Spartan Mobile, Lacuna and other investors. Mocapay’s CEO Kevin Grieve said, that the company is delighted to have Spartan Mobile as the lead investor in this round and believes it will support actively Company’s guide."

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