Mobile Banking Updates - Jan 27

ING Bank Slaski releases corporate mobile banking app
"ING Bank Slaski has launched a mobile banking application for corporate customers - ING BusinessMobile for iOS and Android platforms is based on the Comarch Mobile Banking solution. The system is designed primarily for corporate customers as it offers convenient and quick transaction authorization. In addition to the four-eye principle, it allows to create secure transactions on the basis of pre-defined and templates orders."

First Niagara launches mobile banking app
"First Niagara Financial Group, Inc. (NASDAQ: FNFG) launched a new mobile banking app for iPhones, Android phones, and BlackBerrys. The app allows users to access account information, pay bills, execute internal transfers, and find branch and ATM locations. The banking company plans to add more features throughout 2013, including remote deposit capture, person to person payments, and an iPad app."

Mobile banking users set to almost double
"A new report from Juniper Research finds that over one billion mobile phone users will have made use of their mobile devices for banking purposes by the end of 2017, compared to just over 590 million in 2013. While the forecast of one billion users represents just under 15% of the mobile subscriber base, Juniper notes that around half of all mobile subscribers remain unbanked, with limited access to traditional financial services."

Era of online and mobile banking
"Banks are killing off branches by the thousands. Overall, banks closed 2,267 branches last year and opened only 1,149, according to research firm SNL Financial. That resulted in a total loss of 1,118 branches nationwide -- the highest level since 2005, when the firm began tracking closures. Looking to cut costs, many banks are aggressively shuttering branches they deem unnecessary and encouraging customers to shift to online and mobile banking instead, said Nancy Bush, a bank analyst and contributing editor at SNL."

If You Use Chase Mobile Banking, You’re Probably Richer than All Your Friends Who Don’t
"The world of banking has changed significantly over the past few decades, especially with the introduction of mobile and online banking. With this technology, individuals can take a more active role in their finances. In fact, it appears that banking online has not only made it easier for people to track their transactions, but according to a new study, bank customers are actually saving more money when they jump on the digital bandwagon."