U.S. Bank's Venturo: Mobile Banker of the Year
"Dominic Venturo, chief innovation officer for U.S. Bank, talks about the value of real-time text alerts to mobile banking customers, and about how his company is taking what it has learned about mobile banking and applying those lessons to its prepaid business, which late last year introduced the first mobile app of its kind."
Intuit Buys Mobile Money Ventures Platform to Bolster Mobile Banking Capabilities
"Intuit Inc. (Nasdaq:INTU) today announced it has acquired mobile Web banking technology assets from Mobile Money Ventures, or MMV, a leading global provider of next-generation mobile financial solutions. This transaction bolsters Intuit Financial Services’ position as a leading online and mobile technology provider to financial institutions. Intuit will be able to directly manage customer support and will have full control over the design of its mobile Web banking solutions. The acquired assets will also help the company bring new innovations to financial institution customers faster."
Cloud & Mobile: Vendor Weak Points
"Cloud computing and mobile banking are two vendor management program areas that have opened up a wide range of security issues, says the FDIC's Donald Saxinger. And in the wake of such high-level breaches like Citigroup and Epsilon, financial institutions need to look at their vendor programs, risk assessment plans and service level agreements carefully."
One size doesn't fit all for mobile ...
"Mobile banking is on its way and if recent developments are to go by, it is in fact fast approaching. Indeed, banks that want to keep up with the pace will need to start thinking about, if they haven’t already, which technologies they want to invest in to enable them to deliver mobile banking services. I read an article recently that featured comments from SWIFT stating the opportunity for banks to use a shared platform for mobile banking. Swift's head of innovation, Kosta Peric said that past experience in online banking where the UK banks developed in-house solutions proved that there were cost savings in sharing a mobile banking service."
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