"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" 

Wednesday, May 25, 2011

International Mobile Banking Updates - May 25

AusCERT 2011: Mobile banking malware on the rise
"Chief technology officer of Trusteer, Amit Klein, has spoken about the trends of mobile malware, citing mobile banking as the next big threat to the industry. In the keynote session of the second day at the AusCERT conference on the Gold Coast, Klein said the financial and mobile malware began to increase during 2006, and has only become more prevalent in recent years."

Mobile money hits the UK like it means business
"This is probably the most significant week the UK has ever seen for mobile money. Two of the biggest operators in the country have announced mobile money implementations – Orange is going for a straightforward NFC-based payments model, whereas O2 looks like it wants the whole mobile banking hog."

SA clicks on to mobile banking
"SOUTH African consumers want greater access to financial services using cellphones, according to the results of a global survey on the growth of mobile money, released on Friday. The survey, by the international research firm TNS, said the growth of mobile banking in SA joined a growing global trend where new technology and mobile banking were driving usage globally."

Iraq to bring banks to the masses – by mobile
"Just a fifth of Iraqis have bank accounts, but 70 percent have mobile phones, so Baghdad is hoping to close the gap by getting people to open accounts, make payments and transfer cash – all via mobile. In a country that is one of the most corrupt and violent in the world, the initiative is aimed at securing Iraqis' funds, and strengthening the banking sector as higher revenues resulting from a greater number of transactions boost profits."

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