Google Acquires Mobile Payments Company Zetawire
"It was revealed Monday that Google has acquired Zetawire, a small stealth startup focusing on mobile payments. Zetawire was in an extremely early stage when snapped up by the tech giant; we know little about what it was working on. However, an analyst with 451 Group revealed the startup had been granted a patent for “mobile banking, advertising, identity management, credit card and mobile coupon transaction processing” — in other words, all the puzzle pieces needed to let users treat their smartphones like a credit card."
Mobile Web Will Change Mobile Banking
"In a press release, Steve Eliis, Change Sciences partner, said, 'The mobile web will to be a robust mobile platform for the consumers. There will be no hassle in downloading the applications to any mobile devices. If the banks run on one platform then the costs can be significantly reduced.'”
Charles Schwab Releases iPhone & iPad App
Charles Schwab — in an effort to keep up with technological trends — has announced the addition of their Charles Schwab iPhone App. Charles Schwab has now joined the handful of other banks now offering mobile banking services.
Accessibility has come just in time for the holiday season with Charles Schwab’s mobile app for the iPhone. Holidays mean something different for everyone, but for a lot of people the holidays mean travel. Whether that traveling is for business or pleasure, having the capability of accessing all of your financial accounts brings a calm sense of convenience to the current hectic of the environment.
4 Key Regulatory Issues of 2011
"Authentication, mobile banking and consumer protection. These are among the key areas that may see new regulatory guidance in 2011. In an annual preview of things to come, a panel of federal regulators and industry experts weighs in on what are likely to be the top 4 regulatory issues of the new year."
The three pillars of banking apps
"Recently, we carried out YouGov research that revealed that one in four of generation Y (aged between 18 and 34) would hold their bank in higher regard if it offered mobile phone banking services. Additionally, we polled the attendees at a recent breakfast briefing where a majority of the UK banks were represented – 36 per cent of respondents cited increasing customer satisfaction as their primary driver for providing mobile banking services. Thus, evidence suggests that banking apps have a key role to play for banks focused on their customers and their experience."
Capital One Launches iPhone App
"Timely for all of Capital One’s card holders planning their holiday shopping extravaganzas, Capital One Bank has announced the release of a new iPhone application. Capital One’s decision to release the app is part of the growing trend of bringing convenience through mobile banking."
Emerging Payments Options Open Doors for Mobile
"Facebook, PayPal and companies like Bling Nation, an innovator in near-field-communications mobile payments, are expected to revolutionize payments over the next six to 12 months. But security and fraud will be a big concern. How will innovators in payments, as well as financial institutions, balance convenience and innovation with security?"
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