Mobile Banking Updates - Jan 30

Wells Fargo shares mobile banking usage patterns at Mobile Marketing Forum
"Wells Fargo’s mobile customer base is looking increasingly like the overall customer base, a senior executive from the bank told delegates at the Mobile Marketing Forum. The bank’s mobile channels have also found widespread use across different demographics. The channels, however, are extremely popular with out-of-office workers, Generation Y and Millennial consumers, and mobile professionals."

Great Expectations: Global Security Challenge
"Mobile banking, social media, cloud computing. These all are part of the global banking landscape today, and with these innovations come new expectations, says Alessandro Moretti of (ISC)2 and UBS Investment Bank. 'There's an expectation that security will be built-in and be part and parcel of all those factors,' Moretti says. 'On the other hand, there's increased concern over who has access to personal and corporate data.'"

Mobile Banking Ubiquitous Among Large Banks, Chase's Declared Best
"The wide-scale consumer adoption of smartphones has pushed large retail banks to develop phone applications and mobile-formatted websites to help customers manage their accounts: a report released today by Corporate Insight found that all but one of the 16 large banks tracked by its Bank Monitor report offer mobile banking solutions to account holders through at least one delivery option, with many offering and promoting multiple options to clients and prospects."

U.S. Bank AccelaPay Mobile Banking Application Wins 2011 Paybefore Award
"Paybefore has chosen the U.S. Bank AccelaPay mobile banking application as a 2011 Paybefore Awards winner in the Best Virtual or Mobile Prepaid Application category. The awards are presented annually by Prepaid Media, whose Paybefore publications are the leading source of industry information for the global prepaid community."

BB&T introduces free downloadable iPad App
"BB&T has launched a free iPad application that allows more convenient banking access to its on-the-go clients. The BB&T iPad App is one of the first of its kind in the United States that’s not just a high-definition version of mobile banking. It is now available for download on the iTunes App Store."