Mobile Banking Updates - Mar 4

Mobile Ties That Bind
"The survey of the American Banker Executive Forum found that 42% of banks currently offer mobile banking or mobile payments. And among those that don't, 40% have firm plans to offer them within the next 12 months. Large banks are leading the way — 76% offer mobile banking today, and of those that don't, 54% plan to introduce mobile banking in the next year. Most of these bank apps (91%) are geared to consumers; half are meant for small-business clients."

Mobile banking adoption to reach 50pc by 2016: study
"Mobile banking is gaining traction and is expected to reach 50 percent of consumers by 2016, according to a new study from global business advisory firm AlixPartners. The “Mobile Financial Service Tracking Study” looked at mobile banking trends over the next five years and predicted areas of growth. The study also compared how certain banks are stacking up in their mobile efforts."

Online, Mobile and Tablet Banking Use Growing, says Fiserv Consumer Trends Survey
"Consumers show strong interest in using tablets for financial services. --Online bill payments now account for 50 percent of all bill payments made by U.S. households with Internet access. Fiserv Inc., a leading global provider of financial services technology solutions, today announced findings from the latest Fiserv Consumer Trends Survey, which has provided insight into consumer usage of digital channels for financial services since 2002."

Partner Colorado Credit Union Introduces Mobile Banking
"Partner Colorado Credit Union (PCCU) released new mobile banking services for iPhone and Android mobile smartphones, designed to improve the efficiency and convenience of banking on-the-go for PCCU members. 'Partner Colorado Credit Union continues to invest in technology to make life easier and more convenient for our members,' said PCCU CEO Sundie Seefried. 'Since more people are relying on their cell phones and mobile devices for everyday conveniences, our members now have access to up-to-the-minute account information and services anytime and anywhere they need it.'"

Mobile banking app at CeBIT
"Printed bank transfer slips are still remarkably widespread as a bill insert – despite numerous digital developments. On behalf of a German bank, GFT Technologies AG has now created a solution which brings the two worlds together. At CeBIT in Hanover, Germany, the “Picture Money Transfer” prototype will be presented: an innovative mobile banking app with which smartphone cameras can digitise and intelligently process bank transfer slips."