"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" 

Tuesday, January 3, 2012

Mobile Banking Updates - Jan 3

Click to view: Mobile Banking & Payments: Consumer Behavior in 2011

What Will Technology Look Like in 5 Years?
"Some predictions are easy. Mobile banking and tablet banking apps will become more sophisticated. Context-aware computing, highlighted by Executive Editor John Adams in this month's Hot Topics, will let your smartphone sense where you are and automatically adjust the way it interacts with you, for instance switching to voice activation in the car. Aggregators will emerge who will let consumers maintain their entire financial lives on their mobile device."

Synovus Bank Launches New Free App
"Synovus Bank, which includes local Bank of North Georgia branches, has introduced the new Synovus Mobile Banking application, a free mobile banking solution which can be accessed by virtually any mobile device. The app delivers easy, quick and secure banking access via any mobile device. Customers can:"

Will Mobile Devices Kill the Credit Card?
"New innovations in mobile banking are making it possible to transfer the entire payment experience from the plastic credit card to your mobile device. New upstarts with funny names that sound nothing like typical financial names - like Dwolla, Venmo and Square - are going far beyond just enabling you to use your mobile devices to check balances on-the-go: they are transforming mobile devices into payment mechanisms at point-of-sale destinations around the nation. New geo-fencing technology is making it possible for apps loaded on your smart phone to "communicate" with the payment systems of retail stores, eliminating the need to stand in line to make a purchase or even to interact with a sales clerk. So at what point will mobile devices end up killing off the $2 trillion credit card industry entirely?"

Three 2012 trends for Community Banking
"Boston is the backdrop for some of the most prestigious financial companies in the world. The attractive demographics of Boston are based on the elite institutions that employ and educate Boston residents. Boston banks have seen a high level of customer turnover due to consumer dissatisfaction with fees and an overall impersonal banking experience. "

CUSN Adds Four CUs to Mobile Banking Roster
"Four more credit unions are now offering their members mobile banking through CU Service Network LLC of Lakewood, Colo., the CUSO said. They are the $14 million Cornerstone CU of Des Moines, Iowa; the $157 million Fitzsimons CU of Lakewood, Colo.; the $297 million State Employees CU of Santa Fe, N.M.; and the $30 million Westminster FCU of Westminster, Colo., CUSN said."

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