USAA Thwarts Mobile App Fraud
"USAA recently stopped a software developer from selling an imposter USAA application designed for use with Google's new Android phone. The developer had posted it for sale within Google's Android Marketplace, but USAA took immediate action and had the application removed."
GETTING PERSONAL CANADA: Carry Your Bank In Your Pocket
"While mobile banking took some time to become established in the Canadian market, mobile-payment services are expanding faster than waistlines at Thanksgiving.
Mobile payments - using your cell phone to pay bills, purchase merchandise, check your bank balance, and transfer money through an embedded chip - is growing five to 10 times as quickly as Internet usage spread throughout Canada in the late 1990s, according to Richard Crone, a California-based payment-services consultant."
First Two Banks Go Live with CashEdge's POPmoney(TM) Person-to-Person Payments Service
"CashEdge, Inc. (www.cashedge.com), the leading provider of Intelligent Money Movement(TM) services, announced today that two top U.S. banks are the first in the nation to launch POPmoney(TM), its groundbreaking new email and mobile person-to-person (P2P) payments service offered through banks. Five additional financial institutions have signed on to launch the service in early 2010, demonstrating strong momentum for the innovative new P2P payments service."
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