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."