"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, November 14, 2010

Mobile Banking Updates - Nov 14

RDM and MShift partner to enable remote deposit capture for mobile banking
"RDM Corporation (TSX: RC | PowerRating), a Canadian developer of software and hardware products for electronic payment processing, said on Tuesday that it is enabling remote deposit capture capability for mobile banking under a partnership with MShift Inc, a provider of mobile banking solutions for financial institutions."

Orange rolls out money transfer service
"The launch makes Orange the fourth mobile phone operator to launch a money transfer service and is set to intensify competition in the industry as operators move to data in the wake of declining voice revenues. The partnership between Orange and Equity Bank is geared towards creating synergies between the two that enhances money transfer as well as mobile banking."

Latin Americas Mobile Banking Revolution
"New forecasts from ABI Research indicate that in 2015 about 244 million people worldwide will carry out financial transactions using their mobile phones. This growth in the financial cell phone sector is not specific to North America or Europe, and large investment is anticipated in regions like Latin America."

Mobile Business Banking Draws More Attention
"With mobile access now widely accepted as a consumer channel, more banks are turning their attention to businesses. Citizens Financial Group Inc., the Providence, R.I., parent of RBS Citizens and Citizens Bank of Pennsylvania, on Monday announced the availability of a new application for Apple Inc.'s iPhone for its treasury management customers called accessMOBILE."

M&T Bank Launches a New App for iPhone
"M&T Bank customers now have three ways to securely access their accounts using their mobile devices: Mobile Text Banking; Mobile Web Banking; and a brand new App for iPhone(R). The M&T Mobile Banking application for iPhone(R) is now available, at no charge, by clicking the App Store button on an Apple(R) mobile device and searching for 'M&T.'"

PNC Introduces Mobile Banking For Financial Executives
"PNC unveiled on November 8 PINACLE Mobile that enables financial executives to review balances and approve basic transactions in a secure environment using their mobile phones. PINACLE Mobile is a complementary channel to PNC's online banking portal for corporate customers known as PINACLE. "

Mobile is a must for financial institutions: study
"A new study finds that almost half of the top 100 financial institutions offer mobile banking services. Surprisingly, this activity is not concentrated among the top 25 or even top 50 banks, with many smaller banks actively utilizing vendor capabilities to offer mobile services. Of the top 100, 43 percent offer access via mobile Web, while 32 percent offer SMS banking and alerts and 32 percent offer applications."

Standard Chartered Bank Expects Migration To Mobile Banking
"Standard Chartered Bank Malaysia Bhd expects a significant migration of its internet banking customers towards mobile banking solutions in future, with the introduction of its latest solution, Breeze.
Head of Retail Banking Products, Consumer Banking, Anupam Shrivastava said this is in line with the increasing technology savvy customers in Malaysia, especially with mobile banking showing a significant progress of 178 per cent growth from 2007 to 2009."

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