Mobile Banking Updates - Apr 25

Bank of America's David Godsman promises to support mobile payments
"Bank of America's Online and Mobile Solutions Executive David Godsman has only been in the mobile banking business with Bank of America for under a year, but the company has already made huge strides in its mobile strategy under his leadership. The company touts 29 million active online banking users and over nine million who use mobile banking. Godsman recently spoke to FierceMobileContent about Bank of America's changing digital strategy and mobile security measures that help keep users' financial information safe and secure. This is an edited version of that conversation."

Use phone to move funds
"A mobile phone is no longer a simple device to make calls. It's become the hub for all your activities, from e-mailing and browsing to paying bills and transferring money. Banks may have been the first to dip their feet into this technological pool, but telecom companies have begun to catch up. The RBI's step to remove the 50,000 cap that it had imposed earlier on daily mobile transactions has also provided the much-needed boost to mobile banking."

Mobile banking 2012
"A look at trends in mobile banking and whether a mobile app or mobile website makes more sense."

Local Touch Should be Key to U.S. Banks' Future Plans, Says Research
"Banking customers in the U.S. prefer localized, personalized services to be at the center of their relationship with their financial services institutions, according to a new international study by BT and Avaya. The study - which reflects results of a survey of more than 2,000 financial services customers in the U.S., U.K., Germany and Spain -- found that despite the growing use of telephone and Internet banking in recent years, two-thirds (66 percent) of U.S.-based customers see their local branch as the most vital link with their bank - second only to cash machines."

Analyst: Android has 35% of U.S. tablet market, will overtake iPad
"That startling statistic and prediction comes courtesy of Javelin Strategy & Research of Pleasanton, California. A boutique research firm known for its bank technology coverage, Javelin published a paid report today on tablets and their impact on mobile consumer banking. I was able to read the report and interview the primary author, Javelin research director Mary Monahan."