The Future of Android, Part 2: Security Snafus
"The number of attacks on Android devices has been rising over the past few months. The malware has exotic names such as "Zitmo," "DroidDreamLight," "Hong Tou Tou," "DroidKungFu," "YZHCSMS," "Geinimi" and "Plankton."
In January 2010, Google (Nasdaq: GOOG) removed more than 50 fake banking apps from the Android market, and in March of this year, it removed another 50 infected apps, Amit Sinha, chief technology officer at Zscaler, told LinuxInsider."
HTC, China UnionPay to launch smartphone for mobile banking
"Taiwanese smartphone maker HTC Corp. signed a deal with China UnionPay Co. on Tuesday to launch a smartphone in China that would allow mobile payments through the country's only credit card network.
The "HTC Stunning," a 4-inch smartphone powered by Google's Android operating system, will allow users to apply for mobile banking services such as remote bill payments and contactless payments, according to an HTC statement."
Union First Market Bank launches three new mobile banking offerings
"Union First Market Bank has launched three new mobile banking offerings, including mobile web, text message banking and an iPhone application. Now iPhone customers will be able to download the Union First Market Mobile Banking app from Apple's App Store. 'Mobile banking is no longer an exclusive product from large national or regional banks,' said William Beale, CEO of Union First Market Bankshares."
Capital One Launches Android Mobile Banking Application
"Aiming to give its customers more choices regarding how they access their account information, Capital One Financial Corp. (McLean, Va.) launched its Android mobile banking application last week. The new Android app joins Capital One's other digital channels: iPhone app, mobile website, SMS text, chat, Twitter and Facebook.
'The growth in mobile banking has been phenomenal,' said Jack Forestell, EVP, Digital Strategy, Capital One, in a press release. 'More and more, our customers are using their mobile devices to manage their accounts in a way that works best for them. By launching Android … we continue to expand our mobile offerings to our customers and are responding to their needs. Ultimately, we are meeting our customers in their channel of choice.'"
Trustmark Receives High Rankings Among National Online Consumer Banks
"Trustmark National Bank's mobile banking service recently ranked among the top five most popular consumer bank applications for iPad as reported by NetBanker, a leading online finance and banking blog. The ranking includes the most popular financial applications from all U.S. Financial institutions available through the Apple App Store."
Thursday, August 18, 2011
Mobile Banking Updates - Aug 18
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