"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" 

Monday, February 22, 2010

Mobile Banking Updates - Feb 22

CEO Series: Lisa Stanton on What's Next with Monitise
"PYMNTS.com asked industry expert and author of Paying with Plastic, David S. Evans to profile industry thought leaders and executives to find out what's next in the world of payments.

In this edition of the PYMNTS.com CEO Series, David sat down with the Global Alliance Director of Monitise, Lisa Stanton. Monitise is a leading provider of mobile payent solutions with an international reach. As the first employee for Monitse America, Lisa is well versed in the company's unwritten rule of thumb: any consumer, any network, any mobile device. What does the future hold for Monitise? Will improvements in NFC and mobile money transfers change the payments landscape? Find out what's next for Monitise and payments industry."

Fraudulent mobile applications will threaten mobile banking security
"It's a dangerous new take on phishing: Instead of being directed to a fraudulent URL, the device owner will have voluntarily downloaded a malicious application from a reputable app store run by Google, Apple Inc., Research in Motion Limited, Palm Inc. and others. From there, the application can overtly collect personal and financial information entered by the mobile subscriber, or covertly collect names, addresses, and any other sensitive data that resides on the mobile device. While app stores are working hard to perform the necessary due diligence on applications, demand for offering the broadest range of applications to the widest audience of users may cause rogue programs to go unchecked. The problem threatens mobile banking security and is likely to get worse before it gets better for a number of reasons."

Visa Appoints Bill Gajda as Head of Mobile
"Visa has announced that Bill Gajda, currently Chief Commercial Officer at the GSMA, will join Visa as head of mobile. Visa said that Gajda’s position 'is designed to further advance Visa’s mobile strategy, working in collaboration with the wireless and financial services industries to bring mobile payments and related services to consumers around the globe.'"

The Truth about Mobile Application Stores
"At the recent Mobile World Congress 2010, Dutch app store analytics firm Distimo presented their findings on the six largest mobile application stores in existence today: the iTunes App Store, BlackBerry App World, Google Android Market, Nokia Ovi Store, Palm App Catalog and Windows Marketplace for Mobile. In their presentation, they analyzed everything including store size, store growth, the most popular applications and where you can find the best deal. They recently shared some of the highlights from that presentation by way of a slideshow embedded on their blog."

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