"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" 

Tuesday, February 8, 2011

Mobile Banking Vendor Updates

Yodlee Announces Global Adoption of Financial Services Platform
"Yodlee, Inc., the leading provider of online personal financial management (PFM) and revenue-generating payments solutions and services, announced details of the rapid adoption in Europeof its Yodlee 10 platform in conjunction with its presentation at FinovateEurope in London today."

Mobile Banking Pioneer Firethorn Shifts Gears
"In the mobile banking business, a one-size-fits-all approach just doesn't cut it, as Firethorn Holdings LLC found out. Now the Firethorn team is focusing on a new loyalty rewards technology. The Qualcomm subsidiary, once considered a mobile banking pioneer, attracted banks that wanted their service preloaded on basic feature phones before the days of the iPhone and other app-friendly devices. It eliminated a lot of the legwork for banks, forming agreements directly with wireless carriers to get apps that aggregated access to multiple financial institutions on their latest phones."

mFoundry Launches mDeposit Express Convertible Mobile Deposit Solution
"mFoundry announced it has launched mDeposit Express, a 'standalone mobile deposit capture solution that banks and credit unions can use to provide customers with an immediate mobile deposit solution, regardless of their current mobile banking platform.' In related mobile banking news, ClairMail announced an impressive 234% year-over-year revenue increase for 2010, along with other assorted growth statistics."

Ericsson launches mobile banking services
"L.M. Ericsson (ERIC) launched its own mobile financial services business today, offering mobile operators, financial institutions and others with a mobile money services that it said can be connected to a real-time, cross-border, cross-currency switching network."

Monitise adds to Visa deal
"Mobile banking services provider Monitise has signed a new deal with its major shareholder Visa, which could lead to forecast upgrades. Visa International owns 14.3% of AIM-quoted Monitise. The extended agreement with Visa announced last summer lasts until June 2015 and there are minimum fees of $16m over the period."

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