"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" 

Thursday, September 29, 2011

Mobile Banking Updates - Sept 29

mfoundry Zips Past the 500 Client Mark
"mFoundry (News - Alert), a service provider whose name is in the forefront of mobile banking services, recently announced that around 500 banks as well as credit unions located in North America have chosen them as their mobile banking solution service providers."

WAUSAU Financial Systems Signs Three Financial Institutions to Mobile Remote Deposit Capture Offering
"WAUSAU Financial Systems, a provider of payment and receivables processing solutions, announced that three financial institutions, Citizens & Northern Bank, NewDominion Bank and Farmers State Bank of Calhan, selected its mobile remote deposit capture (RDC) solution, from its Deposit 24/7 Suite(TM). WAUSAU's robust RDC suite includes branch, merchant, consumer and mobile capture points, allowing for convenient and secure check depositing from any location."

RushCard makes mobile financial services easier for US unbanked with new apps
"Cincinnati-based UniRush LLC is helping to blur the already fuzzy lines between prepaid cards, mobile banking and mobile payments. The company announced today it has launched mobile applications for Android and iPhone smartphones that let users of its RushCard prepaid Visa debit card manage their accounts from their mobile devices.

According to the company's announcement, RushCard users can now check balances and review transaction and transfer history on their smartphones. Additionally, RushCard members can use the applications to send money to other RushCard members, with iPhone users even able to use bump technologies to transfer funds."

Celent’s Mobile Peer Networking Event
"Celent hosted a banking peer networking event in San Francisco to great success. Fifteen people representing six financial institutions attended, including two with assets of over $100 billion. The topic of the event was mobile banking and we started the day with the much anticipated PowerPoint presentation. Rather than a one-way communication from presenter to audience, this was a dynamic discussion bankers and Celent analysts engaging each other on a variety of mobile topics, from coupons to payments to the interaction of the two. Celent presented on three banks that are doing very interesting things with mobile:"

Wednesday, September 28, 2011

International Mobile Banking Updates - Sept 28

CIBC Recognized as "Best in Mobile Banking" in North America by Global Finance Magazine
"CIBC today announced that it is being recognized by Global Finance Magazine as 'Best in Mobile Banking' among North American Consumer Internet banks. This is the first year the mobile banking category has been included in the Global Finance awards, reflecting the emergence of mobile technology as a rapidly growing area in North American banking."

The REAL reason why Kenya's M-Pesa won’t work anywhere else
"In a continent where less than 20% of Africa’s population has a bank account and where latent demand for money services is so high, why are there no other success stories on the scale of Safaricom’s MPesa service, in Kenya?

MPesa launched in 2007 into a vacuum of clear guidelines and precedents that dictated how money could move around a mobile ecosystem. Thanks to a loophole in the banking regulations the service did not, at that time, require a banking license to operate."

Tuesday, September 27, 2011

Mobile Banking International Updates - Sept 27

How mobile and internet banking is making life easier for millions
"The banking sector may be growing by leaps and bounds, but Parag Darade's bank has become smaller. It's tiny enough to fit into his pocket. In fact, the Mumbai-based corporate executive carries it wherever he goes. Darade uses mobile banking to transfer funds, pay utility bills, recharge his mobile phone, even book movie tickets."

Standard Chartered to roll out mobile banking
"Standard Chartered Bank Kenya has announced plans to roll out a mobile commerce ecosystem network for its customers in partnership with Cellulant. Standard Chartered Bank Kenya will be rolling out a mobile commerce ecosystem (image: stock.xchng)
Cellulant, who powers mobile banking for more than 32 banks in Africa, operate Africa’s leading mobile commerce network, enabling over Kshs.10 billion in transaction value last year."

Innovating In Afghanistan
"'In 2002, fewer than 200,000 people in Afghanistan had access to telephones. Today, some 15 million Afghans use mobile phones and a full 85 percent of the population lives within the combined network coverage of the four major telecommunications companies. This technological leap connects Afghans to each other and to the economy in ways that were unimaginable just a few years ago,' the Administrator of the United States Agency for International Development (USAID) Rajiv Shah said recently in Kabul when announcing three USAID grants for further technological innovations, totaling more than $2 million."

AIB to bring out mobile banking site and apps for smartphones
"AIB will today unveil a new mobile banking service that will allow its customers to check balances, pay bills, top up mobile credit and transfer funds to other accounts. The new mobile banking channel will begin today as a web page optimised specifically for smartphones and will be followed in the coming weeks by an Android app and an iPhone app."

Customers will get incentives to adopt e-banking/m-banking
"Banks have decided to come up with incentives to allure customers to opt in at greater pace for internet banking as well as mobile banking facilities. As per a report released by consulting firm, Boston Consulting Group (BCG), in case banks are able to generate awareness amongst people about the benefits of mobile banking and also gain confidence on the security level of this facility, then a 20-30% rise in usage of the facility can be expected by the year 2020."

Sunday, September 25, 2011

Mobile Banking Updates - Sept 25

Mobile's Soft Launch
"Most banks have gotten the message: having a strategy to build out mobile banking is a necessity. But while a substantial percentage of banks are plotting moves into downloadable apps and other services available on smartphones, they're still not vigorously pushing the channel."

comScore: “Mobile Banking Up 21% Since March 2011″
"Research firm comScore came out with some Canadian mobile stats a couple months back, all based on March 2011 numbers. At the time they stated that “12.3 percent of Canadian mobile subscribers accessed banking. During the CWTA Wireless Showcase comScore presented some updated numbers and the trend continued – mobile usage is increasing. You can see some of the previous stats we posted here, mainly about OS market share and how Apple, RIM, HTC and Samsung are all battling it out."

Smaller banks join mobile banking trend
"Banks like Bank of America and JPMorgan Chase led the charge into mobile banking, but now a growing number of smaller financial institutions are following suit. Mobile banking can enable consumers to do things like check account balances, transfer funds or even make deposits through text messages, mobile applications on smartphones or tablet computers, or on websites designed specifically for mobile use."

Mobile Banking the Latest High-Touch Benefit Available to Members of TopLine
"TopLine Federal Credit Union has announced that state-of-the-art mobile banking is the latest high-touch, high tech benefit now available for members who use web-enabled phones/devices. It's easy and even fun to use and appears to be an immediate hit with members. Just launched on August 23rd the rate of use is much higher than TopLine anticipated and already higher than the national average."

Isis Finds Tech, Seeks Banks
"Isis and Google are both vigorously bulking up on innovation to turn leather consumer wallets into digital ones, but they have their work cut out for them. As in a lot of new and alternative financial services ventures, integration with traditional banks will be the most elusive, and most necessary, step to success."

Wednesday, September 21, 2011

Mobile Banking Updates - Sept 21

Five Tactics to Help Your Credit Union Thrive
"3) Go Mobile - In other words, think apps, not toasters. Today’s techno-savvy, on-the-go customers rarely visit a branch in person. They rely on convenient, virtual tools that can be accessed any time, anywhere. The time has come for credit unions to go mobile."

The Time for Mobility Has Come
"UK retail banks are jumping headlong into mobility. While some search for a way to get a leg up on the competition by offering the “killer-app”, most are concentrated on rolling out core mobile banking. Several banks have already planted their flag in the mobile app market. It is widely accepted that mobile banking will soon be a necessity, a commodity just as online banking is today. Banc Sabadell has been forecasting in Finextra that mobile access could become the mainstream channel to the bank for many customers."

The Next Frontier: Mobile Money
"The adoption of smartphone-based mobile banking is one of the fastest trends in digital banking. While today’s smartphone applications, for the most part, mirror the functionality of bank websites with balances, transfers and bill pay, a new frontier is opening with the proliferation of mobile wallets and payment solutions. Already, hundreds of thousands of retail point-of-sale terminals support near field communications (NFC) protocols such as PayPass (MasterCard) and PayWave (Visa). Industry forecasts for smartphones suggest that at least 50 percent of new smartphones will be NFC-capable within 18 months."

Fiserv introduces Mobiliti for mobile banking, alerting, payments
"Fiserv Inc introduced the new Mobiliti mobile banking, alerting, and payments suite that combines the functionality of Mobile Money from Fiserv, and BankAnywhere from the recently acquired M-Com. It will replace both of those product brands. Mobiliti is available in multiple versions tailored for use by financial institutions of varying sizes within both the United States and international markets."

Report: The Mobile Payments Explosion
"Paper checks are dying. Mobile payments are soaring. Credit cards will experience diminishing market share. And cash – old-fashioned paper money and coins – is a lot more resilient and ingrained in our lives than many might think.

Those are four big conclusions to draw from the “World Payments Report 2011,” a report just released by Capgemini, The Royal Bank of Scotland (RBS) and Efma (the European Financial Marketing Association)."

Marquette Bank Selects FIS' ePayment and eBanking Solutions to Lead eBusiness Channel
"FIS(TM) FIS, the world's largest provider of banking and payments technology, today announced that Marquette Bank has selected to deploy several FIS ePayment and eBanking solutions, including Payment Manager, mobile banking, online banking and eAccount Opening, in support of the bank's eBusiness channel. The bank also signed a multi-year renewal agreement for FIS' HORIZON(TM) core processing platform."

NCR Launches Mobile Banking Platform to Help Banks Drive Adoption of Mobility within Multi-Channel Self-Service
"NCR Corporation (NYSE: NCR) today launched NCR APTRA Mobile Banking 3.0, a new global mobile banking platform enabling banks to offer their customers banking services via downloadable apps, mobile browser or SMS. The solution provides all the features consumers need to manage their money on the move and enables banks to scale and integrate mobile with other online, kiosk, ATM and teller banking channels, helping to drive adoption of mobile banking and deliver new services across integrated channels."

Monitise picks up mobile payments patent
"Mobile banking, payments and commerce provider Monitise has been granted a patent for a technique that allows 'virtual card details' to be generated on a mobile phone.

The virtual card acts like a prepaid digital voucher and can be created for a fixed amount or for a specified period of validity. Consumers can then make purchases in stores or on the internet without having to divulge data from their credit or debit cards such as personal account numbers, card expiry dates and security codes."

Tuesday, September 20, 2011

International Mobile Banking Updates - Sept 20

Absa cellphone banking sees 65% growth
"According to statistics released by Absa, cellphone banking transactions between the company’s three mobile banking services have increased by 65 percent year-on-year. 'Cellphone Banking adoption continues to beat expectations,' says Absa Retail Bank Chief Executive, Gavin Opperman. 'In 2011, we will see transaction values of about R10 billion transferred via the mobile channels.'”

CommBank sets sights on HTML5
"The Commonwealth Bank of Australia has revealed plans to focus on emerging web language HTML5 for its mobile banking offerings. When the bank showcased its range of mobile applications in March, developers said they needed to work on various mobile platforms natively to get the most out of each device. Native app development was particularly important for the Commonwealth Bank’s property guide, which used the camera and mapping capabilities of Apple’s iPhone."

National Bank of Kuwait launches advanced mobile banking application
"NBK General Manager, Consumer Banking Group, Mazin Saad Al Nahedh, said, 'The new mobile banking application is aligned with NBK's commitment to providing its customers with the best and most up-to-date banking services. NBK Mobile banking is safe and easy to use, offering customers banking services with the added convenience of their mobile devices. NBK is keen on developing services that meet demands and extend its reach to make banking more convenient for customers.'"

How do banks monetise mobile channels?
"The era of mobile banking and mobile payments is dawning. Around the world and across the banking value chain, everyone is waking up to the huge potential of a market that is changing the way customers interact with financial institutions.

Banks are responding to this mobile evolution in a number of ways. Some are getting ahead of customer demands by developing and deploying innovative mobile solutions with an eye towards gaining market share and driving new sources of revenue. Others are waiting for standards to be set and for customer demand to hit critical mass."

Leapfrogging from e-banking to m-banking
"Mobile banking in India is still at its nascent stage, the country’s 800-plus mobile subscriber base combined with lack of proper banking infrastructure and low penetration of computers and broadband offers big scope for the service in the country. Though e-banking using mobile phones is a convenient utility service for users, it is used by only about 1.96 million or 12% of the 16.4 million active mobile Internet consumers in the top eight metros of the country, according to a recent report by Internet and Mobile Association of India or IAMAI."

Monday, September 19, 2011

Dell Introduces Android-Based Mobile App

Dell today introduced the Dell Mobile App for Android, a dual-purpose shopping and support application that helps people quickly and easily find the right solutions to pursue their personal passions.

The introduction of the Dell Mobile App -- available for download now from the Android Market or by typing www.dell.com/appdownload into the browser of any Android mobile device -- reflects the company's commitment to expanding the reach of Dell.com, a trusted hub for information and stellar support. >> Learn More

Sunday, September 18, 2011

Mobile Banking Updates - Sept 18

Mobile Banking Scorecard Rates Top Seven U.S. Banks
"Wells Fargo (San Francisco) earned the top spot in a new ranking released Wednesday of the seven largest U.S. banks' mobile offerings.

Keynote Competitive Research, the industry analysis arm of San Mateo, Calif.-based internet and mobile cloud monitoring company Keynote Systems Inc., compiled its "mobile banking scorecard" based on nearly 100 criteria in four main categories, developed from user testing and research. Banks measured in the inaugural scorecard include -- in alphabetical order -- Bank of America, Capital One, Chase, Citibank, PNC Bank, US Bank and Wells Fargo. The company did not divulge the order of the rankings, other than that Wells Fargo garnered the higher score. The banks were measured in their text, mobile web, and smartphone app offerings."

Mobile Banking: The New Risks
"Phishing attacks aimed at online PC users won't be the financial industry's greatest worry in the near future, says Dr. Markus Jakobsson, security expert in the field of phishing and crimeware. Malware targeting mobile devices will be.

Jakobsson, who has spent the last several months analyzing the current state of current mobile security, says mobile vulnerabilities have changed quite a bit over the last 12 months, and most mobile users and carriers have no real way to protect themselves from fraudsters seeking access to financial accounts."

US Bank provides new tool to business customers for mobile banking services
"US Bank has announced that the company is providing a new tool for business customers that provide secure banking services via mobile device. US Bank Mobile SinglePoint connects them to their account information wherever they are located. It is an extension of US Bank SinglePoint, the web portal to US Bank's suite of treasury management services, and SinglePoint Essentials, a basic suite of services for small businesses."

Smartphones Bring Banking at your Fingertips
"In the last quarter of 2010, about 30 mn Americans used their mobile phones to access financial accounts, up 54% from the same time in the previous year. Bankers acknowledge that mobile banking has become an essential channel for acquiring new customers, especially those from the younger generation."

SunTrust Mobile App (Finance)
"The SunTrust Mobile App allows you to view your checking or savings account balance, view transaction history, make payments, transfer funds, and locate ATMs or branches all from the convenience of your mobile phone.SunTrust is committed to your security and protecting the privacy of your financial information."

Friday, September 16, 2011

Mobile Banking Updates - Sept 16

Mobile On/Off Switch for Debit Cards Now in Testing
"The security system, which one bank is testing, has the potential to make stolen card data less valuable, since a card would work for payments or cash withdrawals only when the legitimate customer permits it to. The technology, called card lock, is part of Diebold Inc.'s MobiTransact mobile banking platform.

Consumers would have the flexibility to keep a card switched off at almost all times – or to lock it only in high-risk situations, such as when it has been misplaced, says Thomas Swidarski, the company's chief executive. The system is another step towards truly mobile banking transactions, he says."

Fiserv launches consolidated mobile banking suite
"Fiserv Inc., a technology provider to financial institutions, introduced a new mobile banking, alerting and payments suite today. The new product suite is called Mobiliti. Fiserv said it streamlines and replaces its product offerings by combining its own Mobile Money product with the BankAnywhere product from M-Com, a company Fiserv acquired earlier this year. Fiserv said the new Mobiliti supports account access through SMS messaging, mobile browser (WAP) and applications for Android, iPhone and Blackberry smartphones."

AT&T, Verizon and T-Mobile invest $100 million in mobile wallet system
"Wallets are ever closer to becoming a thing of the past: AT&T, Verizon and T-Mobile are planning on investing over $100 million into a joint system that will let users pay for goods with their smartphones. With support from Visa, MasterCard, Discover and American Express, the venture should help bring mobile wallets into the American mainstream.

The carrier’s investment will help the venture, called Isis, pull in more funding from bank and retailers. They are trying to catch up to Google, which announced its own mobile payment service, called Google Wallet, in May."

Thursday, September 15, 2011

Mobile Banking Updates - Sept 15

PNC banks on digital age
"Skott Dickerson likes his bank to have a lot of branches. But what he really loves is for it to have a killer app for his banking needs. 'Branches are still important. But online banking and mobile banking are definitely a priority of mine,' said Dickerson, 35, of Irwin. A Pittsburgh-area native, he chose PNC Bank for that reason when he moved back in January from Indianapolis.

Dickerson is the kind of customer PNC Financial Services Group Inc. hopes to snare when it marches into the Southeast for the first time next year: Those willing to jump to a new bank with their smartphones and laptops — not necessarily with their feet — into a branch."

Barcode readers and mobile e-invoices
"During summer I was toying around idea how mobile payments could be combined with barcode readers. Some of my friends have with their iPhone online banking app. They can scan new paper payments with camera and barcode. When scanning picture they upload document info to banking app and pay. It seems to work fine with them.

For this idea, I started to make idea, where one phone app could generate barcodes, send message to email-address or as sms to phone. Receiving party would get message, open his app and read barcode. This message would be then read by own banking app on phone and payment would be executed by phone. "

More and more, banking goes mobile
"AlixPartners LLP, the global business-advisory firm based in New York, last month announced a deal to buy Boston-based Mercatus LLC, a consulting firm that advises banks and investment firms. Globe reporter Todd Wallack spoke with Mercatus founder and managing partner Robert Hedges about the deal and trends in the industry."

RBS teams up with Monitise to deliver broad range of mobile banking services
"Monitise has signed a new partnership agreement with Royal Bank of Scotland (RBS) Technology Services to broaden mobile banking and payments services across its banking divisions.

Monitise has strengthened its existing relationship with RBS by entering a new five-year global strategic partnership. Under the terms of the new agreement, RBS will utilise Monitise’s industry leading and award-winning platform to provide innovative bank-grade and secure mobile apps and services to RBS customers."

Tyfone to Showcase Mobile Banking and Transaction Revenue Generating Mobile Wallet at Symitar Educational Conference
"Tyfone (www.tyfone.com), a mobile financial solutions provider, will be exhibiting at the Symitar Educational Conference (SEC) held in San Diego, Calif., September 20-22, 2011. Tyfone’s mobile banking solutions integrate seamlessly with the Symitar Episys core. Tyfone will be showcasing its secure mobile banking technology, its unique revenue generation Mobile Wallet Service called iCashé and introducing SideSafe – its Secure Mobile Authentication solution at the event."

Mitek Systems Brings Balance Transfer to Smartphones; Mobile Imaging Makes It As Easy As 'Point, Shoot and Transfer'
"Mitek Systems, Inc., the leader in mobile-imaging applications using smartphone cameras for check deposits, bill payments and ACH enrollments, today announced an innovative application for the financial services industry that enables consumers to switch bank credit card accounts as simply as 'Point, Shoot and Transfer."'

Wednesday, September 14, 2011

Mobile Banking Updates - Sept 14

RBS and Natwest launch native Blackberry app for bank transfers
"The Royal Bank of Scotland (RBS) and Natwest have launched a mobile application to allow Research in Motion (RIM) Blackberry device users to transfer funds between bank accounts. The new app also allows customers to check account balances, locate cash machines and top up pre-paid mobile accounts. Ben Green, head of mobile at RBS and Natwest, said the development of a native Blackberry app provides an alternative to accessing mobile banking services via a web browser."

BankAtlantic announces new web-based mobile banking platform
"BankAtlantic has announced the conversion to a new web-based mobile banking platform powered by Intuit Financial Services.
BankAtlantic's new and improved service is specifically designed for the most common mobile phone devices. This new service allows all BankAtlantic Retail Online Banking customers that have web-enabled mobile phone devices to access their personal financial information on the go from the palm of their hand."

Ally Bank: Mobile Banking Apps Coming Early 2012 for iPhone, Android
"Ally Bank says that next year will mark the debut of its mobile banking applications, with versions on the popular iPhone and Android smartphone devices to start. 'We’re excited to tell you that in 2012, we’ll release several mobile offerings, starting with apps for both the iPhone and Android as well as the ability to access your accounts through any phone that has web access,' Ally Bank wrote in a Straight Talk blog post."

America First Credit Union Launches Advanced Mobile Banking System
"The latest version of America First’s Mobile Banking - part of the credit union’s award-winning array of free electronic services - includes apps for Android and Apple operating systems. Other smart phone users will be able to access this benefit via mobile browsers. The new launch additionally includes a Text Banking option."

First Hawaiian Adds Mobile Banking
"First Hawaiian Bank has launched their mobile banking service called FHB Mobile Banking, according to the bank’s president and chief operating officer, Bob Harrison.

FHB Mobile Banking enables customers to use their mobile device to check their account balances, transfer funds between First Hawaiian Bank accounts, pay bills, and locate the nearest First Hawaiian branch or ATM. The new mobile banking service is available free to all First Hawaiian customers. Users can access their account using a mobile web browser or by downloading a free app for the iPhone, Android, or Blackberry platforms."

Tuesday, September 13, 2011

International Mobile Banking Updates - Sept 13

FNB launches new mobile payment method
"Pay2Cell is FNB’s latest mobile banking offering, which take a lot of admin out of making deposits and transfers into FNB accountholder’s accounts.

Pay2Cell allows FNB accountholders to make payments to other FNB clients using only the recipient’s cellphone number- no branch code or account number required, allowing customers to keep their banking details private. This could be yet another innovative idea that will see the migration of banking clients moving towards more technological means of making payments."

TD Canada Trust poll says only 8% of Canadians use mobile banking
"A recent survey from comScore suggested that 12.3% of Canadian mobile subscribers (24.5 million) have accessed banking, credit card, insurance or brokerage account information from their device. They didn’t give a breakdown of how many were for each category but TD Canada Trust stepped up today with their own poll. The 'Everyday Banking Poll' reached out to 1,000 Canadians between August 3rd – 9th and found that only 8% actually use mobile banking."

UPDATE: Rogers Communications Files Application To Start Bank >RCI
"Rogers Communications Inc. (RCI), Canada's biggest wireless phone company, plans to start a bank, primarily focused on credit, ...
--Rogers intends to start a bank
--Move into nascent, fast-growing mobile-banking market
--To be called Rogers Bank"

Banking on m-banking
"Like in many other countries, people in Bangladesh started believing in mobile banking, which was introduced on May 15 by Dutch Bangla Bank Ltd (DBBL). BRAC Bank introduced the service on July 21. Mercantile Bank and Trust Bank are also going to introduce m-banking throughout the country with the help of the government union information centres.

A total of 12 banks are in the race to introduce the service, while two are in the final lap of implementation. It was possible for approval from Bangladesh Bank and the telecom operators have also come forward to help the banks."

Mobile banking fast replacing cash and cheque transactions
"Financial transactions involving cash and cheque are gradually diminishing with currently only 49 per cent of all deals being carried through this medium. This is happening due to the increasing adoption of alternative channels like credit and debit card, ATM, online transactions and now the mobile. According to a report by Boston Consultancy Group, the share of traditional cash and cheque-based transactions is to fall to a low 15 per cent by 2020."

Sunday, September 11, 2011

Mobile Banking Updates - Sept 11

mFoundry Launches Mobile Banking Solution for Nassau Financial
"mFoundry, the fastest-growing mobile banking company in the U.S., today announced Nassau Financial Federal Credit Union of Westbury, New York (Nassau Financial) has launched Mobile-24, its new mobile banking service powered by mFoundry's mBanking mobile banking solution.

Mobile-24 is a multi-mode mobile banking solution that includes mobile Web, native mobile apps and SMS/text banking. Nassau Financial has seen strong demand for Mobile-24 since launch, with members already using one or more modes on a regular basis."

Sallie Mae mobile offering helps customers be financially responsible
"Sallie Mae has rolled out new mobile features for its banking customers to help account holders manage their money conveniently while on the go. The new offering lets account holders pay bills, transfer money and view account balances and transactions via an iPhone application. Am SMS feature lets consumers send and receive text messages to view transaction history, transfer money or receive customized alerts."

America First Launches New Mobile Service
"The $5.1 billion America First Credit Union in Riverdale, Utah, has launched a new mobile banking service for its 549,000 members. The service includes apps for Android and Apple devices and mobile browsers and text banking for users of other systems. Functionality includes tight integration with America First’s online banking system, allowing access to multiple accounts through a single login, as well as bill pay, branch and ATM locators and alerts, the credit union said."

Mobiles can help speed up inclusion banking: KPMG
"New technologies that facilitate branchless banking such as mobile phone banking and the internet, if extended properly, can help reach the financial inclusion objectives much faster, says a report by KPMG. 'The financial inclusion project and its focus on enrolling more and more customers provide a large opportunity for mobile banking'" KPMG said in a report 'Technology-enabled transformation in banking', released at the ET Banking Technology meet."

For Investors On the Go, the Best Apps
"As markets went berserk in August volatility, a record number of investors turned to smartphones and tablets to review their holdings and to execute trades.

The ranks of mobile traders are small, but at some brokerages they're growing faster than the market for smartphones. At TD Ameritrade, mobile usage of its app has more than doubled over the past year, due in part to a major boost in August. ShareBuilder, which introduced mobile investment banking this year, reports four to five million page views from mobile apps each month and that roughly 30,000 investor trades were executed in August, up 63% from July."