Mobile Banking Updates - Apr 5

Citizens Lets Corporates Off Leash with Mobile
"While mobile banking hit consumers first, there's arguably a stronger use case for corporate clients who can use new apps to take their work on the road. Citizens' October introduction of accessMobile, which offers free access to corporate mobile banking apps, has attracted a majority of its target market in just a few months. The Rhode Island-based bank's Prabhat Vira recently discussed the smarts behind smartphones for business banking."

54% of Bankers Call Creating Mobile Corporate Banking Services A High Priority
"An Aite Group survey of 267 bankers conducted this month, sponsored by Fundtech, found intense interest among banks in developing a mobile banking channel for their corporate clients. It also found a high degree of worry among the bankers about security and fraud issues."

Talking Smack About Mobile RDC
"Like a summer basketball game at the playground, mobile banking tech firms are trash talking over how mobile remote deposit capture should be offered, though their real dispute is about who can best calm the nerves of banks worried about missing out on the high demand for mobile RDC because of time to market issues.

Much of the jawing followed mFoundry's recent launch of mDeposit Express, a standalone mobile RDC product that banks can use to provide customers with a fast-deploying mobile RDC product, regardless of their current mobile banking platform, with an implementation time of 30 days or less-along with the option to add mobile banking later."

St.George launches Windows Phone 7 banking app
"The Mobile Banking Lite app allows Windows Phone 7 customers to quickly and easily check their account balance and transaction history. It can be accessed by entering a single password — once the full log-in details, including customer number, security Number and password have been entered the first time. St.George Bank CEO, Rob Chapman, said the app was the first Australian mobile banking app for Windows Phone 7 smartphones and the first app of its kind from an Australian bank."