Mobile banking to keep growing
"Though big banks such as Bank of America and JPMorgan Chase led the charge into mobile banking, a growing number of smaller financial institutions are following suit. Mobile banking can enable consumers to check account balances, transfer funds or even make deposits through text messages, mobile applications on smartphones or tablet computers, or on websites designed specifically for mobile use."
Mobe Selects CellTrust SecureSMS for Secure Mobile Banking Applications
"CellTrust Corporation, the recognized leader in secure mobile messaging, today announced that Mobe Inc., the leading global provider of mobile money movement solutions, will license CellTrust's SecureSMS 3.0 software to bring an added layer of security to Mobe's mobile banking products."
GoTrust's NFC microSD cards to power mobile banking in China
"GOTrust Technology has announced that its NFC-enabled microSD secure element will be used in China UnionPay’s mobile payments roll out in China. After trials in the Sichuan province in Western China, China UnionPay says it will deploy GOTrust’s SWP microSD cards in the new HTC Incredible NFC Android smart phone. According to GOTrust, this will result in a mass shipment of 500,000 microSD’s to the user market during the next six months. Further phases are estimated to deliver millions of additional units through 2012."
Meriwest Mobile Expands and Improves
"Meriwest Credit Union announced today that they have introduced a new mobile banking application for the Android Phone platform and have made a significant update to their iPhone app. The new Android application allows members to access their accounts, to see balances and their transaction histories, transfer funds between accounts and manage their spending plan with tools that allow them to graph their expenses and have a visual indication of their spending habits. Members can also add additional users to the application and locate Meriwest Credit Union financial centers and CU Shared branches and ATM’s."
Mobile Banking: Symantec's Whitepaper Details Top Seven Android Monetization Schemes
"According to a new research from Symantec (News - Alert), a majority of recent efforts to monetize mobile malware have a low revenue-per-infection ratio. This has limited the return on investment achieved by attackers. However, Symantec cautions that this ratio is likely to increase in the future as smartphones gain traction as payment devices. Smartphone usage is growing exponentially, with new mobile device shipments increasing 55 percent in 2010."
Showing posts with label CellTrust. Show all posts
Showing posts with label CellTrust. Show all posts
Thursday, October 27, 2011
Tuesday, October 18, 2011
Mobile Banking Updates - Oct 18
Integration: The Key to Successful Mobile Strategy
"The increasing awareness of and demand for mobile deposit has placed credit unions at an interesting crossroads. Waiting too long to launch the service places them at risk of losing members to competition. However, hastily rushing to market with a mediocre solution and fragmented strategy could be even more costly in the long run. Credit union executives also continue to debate whether to launch mobile deposit as an integrated or stand-alone component. The answer to this debate hinges on the member’s experience."
Take Your Bank Wherever You Go!
"Making financial transactions on the move may soon become the order of the day as more and more mobile commerce (mCommerce) or mobile banking services are introduced by telecom service providers in collaboration with Indian banks. Let's see what are the current possibilities in the mobile banking space, and also learn if it is secure to transact over mobile phones. In this digital era, when time has become the most scarce resource, busy executives are always in search of tools and services that allow them to perform their business and personal tasks, at the click of a button. mCommerce or mobile banking, which refers to the use of mobile phone to perform financial transactions, is also one such service which is helping busy professionals to save time by making use of their mobile phones for making payments for goods and services that they purchase."
5 Mobile Banking Security Tips
"It wasn't that long ago that an account deposit or withdrawal required a visit to your bank to complete the transaction. Banking was inconvenient and time consuming. Today, we have lots of options when it comes to financial transactions. Mobile banking is an increasingly popular way to monitor and manage your money.
But how secure is mobile banking? Could a thief sniff out your bank account information digitally? Is it safe to make financial transactions using an app or text messaging, or by visiting a mobile Web site?"
New Report Reveals Opportunities for Bank Marketers to Find New Routes to Revenue Beyond Levying Fees for Basic Banking Services
"A tighter economy is forcing consumers to become more educated about their finances and banks have the opportunity to mentor and help with more personalized counseling and convenient services, reports the Chief Marketing Officer (CMO) Council.
The new study -- "What's Critical in the Global Bank Vertical" -- included a poll of more than 1,200 consumers and a comprehensive survey of 120-plus bank marketers. Sponsored by Ricoh, the CMO Council study reveals consumers are willing to learn more about relevant products, services, and offerings, but are more interested in information that will help their own bottom line and provide advice about managing their own personal finances more effectively. Consumers are also growing increasingly cynical about higher fees without better service."
CellTrust Announces SecureSMS 3.0 with Secure Mobile Transactions
"CellTrust Corporation, the recognized worldwide leader in secure mobile messaging and communication (www.celltrust.com), announced today the launch of SecureSMS 3.0 with Secure Mobile Transactions, for secure mobile communications and a variety of transactions including mobile banking, commerce, and healthcare.
CellTrust SecureSMS 3.0 provides mobile operators and enterprise customers with the infrastructure and software needed to process secure mobile transactions, without the need to purchase and maintain their own hardware or develop additional software for every handset. The Secure Mobile Transactions Server infrastructure and software is available as a hosted solution or as an enterprise solution where the transaction server and all of its data are located inside the customer's data center."
"The increasing awareness of and demand for mobile deposit has placed credit unions at an interesting crossroads. Waiting too long to launch the service places them at risk of losing members to competition. However, hastily rushing to market with a mediocre solution and fragmented strategy could be even more costly in the long run. Credit union executives also continue to debate whether to launch mobile deposit as an integrated or stand-alone component. The answer to this debate hinges on the member’s experience."
Take Your Bank Wherever You Go!
"Making financial transactions on the move may soon become the order of the day as more and more mobile commerce (mCommerce) or mobile banking services are introduced by telecom service providers in collaboration with Indian banks. Let's see what are the current possibilities in the mobile banking space, and also learn if it is secure to transact over mobile phones. In this digital era, when time has become the most scarce resource, busy executives are always in search of tools and services that allow them to perform their business and personal tasks, at the click of a button. mCommerce or mobile banking, which refers to the use of mobile phone to perform financial transactions, is also one such service which is helping busy professionals to save time by making use of their mobile phones for making payments for goods and services that they purchase."
5 Mobile Banking Security Tips
"It wasn't that long ago that an account deposit or withdrawal required a visit to your bank to complete the transaction. Banking was inconvenient and time consuming. Today, we have lots of options when it comes to financial transactions. Mobile banking is an increasingly popular way to monitor and manage your money.
But how secure is mobile banking? Could a thief sniff out your bank account information digitally? Is it safe to make financial transactions using an app or text messaging, or by visiting a mobile Web site?"
New Report Reveals Opportunities for Bank Marketers to Find New Routes to Revenue Beyond Levying Fees for Basic Banking Services
"A tighter economy is forcing consumers to become more educated about their finances and banks have the opportunity to mentor and help with more personalized counseling and convenient services, reports the Chief Marketing Officer (CMO) Council.
The new study -- "What's Critical in the Global Bank Vertical" -- included a poll of more than 1,200 consumers and a comprehensive survey of 120-plus bank marketers. Sponsored by Ricoh, the CMO Council study reveals consumers are willing to learn more about relevant products, services, and offerings, but are more interested in information that will help their own bottom line and provide advice about managing their own personal finances more effectively. Consumers are also growing increasingly cynical about higher fees without better service."
CellTrust Announces SecureSMS 3.0 with Secure Mobile Transactions
"CellTrust Corporation, the recognized worldwide leader in secure mobile messaging and communication (www.celltrust.com), announced today the launch of SecureSMS 3.0 with Secure Mobile Transactions, for secure mobile communications and a variety of transactions including mobile banking, commerce, and healthcare.
CellTrust SecureSMS 3.0 provides mobile operators and enterprise customers with the infrastructure and software needed to process secure mobile transactions, without the need to purchase and maintain their own hardware or develop additional software for every handset. The Secure Mobile Transactions Server infrastructure and software is available as a hosted solution or as an enterprise solution where the transaction server and all of its data are located inside the customer's data center."
Tuesday, September 29, 2009
Mobile Banking Updates - Sept 29
ClairMail launches mobile banking app for iPhone
"Last month, I wrote about plans by banking and security products company Diebold to launch mobile banking services in the U.S. Today, Diebold’s partner, ClairMail, a Novato (Calif.)-based company, announced another effort to proliferate mobile banking: Smart Client. This free application for the iPhone is now available to banks, which will offer it to consumers later this year, and aims to make it easier yet for smart phone users to register for and use mobile banking."
U.S. Bank Introduces Downloadable Mobile Banking Application
"U.S. Bank has launched the Mobile Wallet, its new free downloadable mobile banking application that allows more convenient banking access on the go to its customers. The bank is collaborating with Firethorn Holdings, LLC, a Qualcomm company, to provide the technology behind the Mobile Wallet."
35% of mobile subscribers will use m-banking in 2014, study predicts
"Some 35% of mobile users in Latin America will perform mobile banking transactions in 2014, predicts consultancy Signals Telecoms Consulting. Though the future of mobile banking is expected to involve consumers using their mobile terminals to carry out all sorts of transactions, removing the need to carry cash, cards and other means of payment, Signals market research director Carlos Blanco claims that the mobile banking concept encompasses a broader range of areas, including the categories of remote payments, authentication processes, bank account maintenance and payment orders."
CASHEDGE SIGNS FIRST ROUND OF BANKS FOR POPMONEY
"CashEdge, Inc. (www.cashedge.com), the leading provider of Intelligent Money Movement™ services, announced today that four financial institutions, including a top 10 bank, are adding POPmoney™ (www.popmoney.com) to their customer offerings. All are expected to be live with the new service by the end of 2009. POPmoney is the first email and mobile person-to-person payments (P2P) service for banks."
Internet Is Top Banking Method
"Online is now the No. 1 method of banking, according to an August 2009 survey of US consumers by the American Bankers Association (ABA). One-quarter of respondents preferred banking online to using branches, ATMs or any other channel."
Internet banking moves onto your phone
"WITH the rise in popularity of 3G mobiles, banks will soon offer their facilities anywhere you can get a phone signal. The world of banking has come a long way since we all queued up at bank branches to transfer money or withdraw cash. Since the first automatic teller machine appeared at a London branch of Barclays in 1967, banking has steadily evolved from a Dickensian-style, paper-based industry requiring rubber stamps on every transaction, through the telephone banking revolution of the 1990s to today's hi-tech digital operations where, with the right equipment, many of us need never visit a bank branch again."
M-Com Presents Interactive Webinar on Mobile Banking and Payments: Winning Strategies for Banks
"Global mobile banking and payments solution provider M-Com is to host a series of webinars on how banks can make money from mobile banking and payment services. Hear from industry experts at M-Com about what is working and what is not in the Mobile Financial Services space based on our 10 years of experience helping banks make the most from the mobile channel. This is not a product pitch but rather a review of key issues facing the segment, opportunities for revenue generation in the near-term and best practice approaches for delivering world class Mobile Financial Services solution in your market. Strategies discussed will be applicable to both developed and developing markets based on M-Com’s experience delivering winning mobile banking, payments and m-commerce solutions that help banks capitalize on revenue generation, cost mitigation and competitive differentiation opportunities."
First Bank Launches Free Mobile Banking
"In an effort to better service clients, FirstBank has launched free mobile banking to all account holders in the United States & British Virgin Islands. FirstBank’s mobile banking service will give clients instant connectivity to accounts anywhere, anytime using the browser on their mobile devices. FirstBank is pleased to offer clients yet another delivery channel for accessing their account information. The Bank continues to take a proactive leadership role in providing clients with the technology to meet their needs not only today but in the future."
ClairMail Extends Mobile Banking Platform
"ClairMail, Inc., the leader in mobile banking and payment solutions, today announced Version 4 of its industry leading mobile banking platform. The new platform includes cutting-edge technology designed to help financial institutions realize the strategic potential of mobile banking. This new release of the product delivers game changing capabilities in the three most critical areas of mobile banking solutions, the ability to use mobile to drive to 100% coverage of the bank's customers, the ability to proactively deliver personalized content to deepen customer engagement, and the need for a simple, yet powerful, converged customer experience to deliver comprehensive services and technology through a unified and streamlined customer interface."
CellTrust SecureSMS to Meet the Stringent Mobile Banking Requirements
"CellTrust Corporation, the world's largest provider of SecureSMS for mobile phones, announced today its SecureSMS platform meets the new and stringent SecureSMS security requirements of the Central Bank of Nigeria.
With approximately 53% of the adult population in Nigeria financially excluded, the Central Bank of Nigeria has been working feverishly to spur innovation within the financial services sector."
"Last month, I wrote about plans by banking and security products company Diebold to launch mobile banking services in the U.S. Today, Diebold’s partner, ClairMail, a Novato (Calif.)-based company, announced another effort to proliferate mobile banking: Smart Client. This free application for the iPhone is now available to banks, which will offer it to consumers later this year, and aims to make it easier yet for smart phone users to register for and use mobile banking."
U.S. Bank Introduces Downloadable Mobile Banking Application
"U.S. Bank has launched the Mobile Wallet, its new free downloadable mobile banking application that allows more convenient banking access on the go to its customers. The bank is collaborating with Firethorn Holdings, LLC, a Qualcomm company, to provide the technology behind the Mobile Wallet."
35% of mobile subscribers will use m-banking in 2014, study predicts
"Some 35% of mobile users in Latin America will perform mobile banking transactions in 2014, predicts consultancy Signals Telecoms Consulting. Though the future of mobile banking is expected to involve consumers using their mobile terminals to carry out all sorts of transactions, removing the need to carry cash, cards and other means of payment, Signals market research director Carlos Blanco claims that the mobile banking concept encompasses a broader range of areas, including the categories of remote payments, authentication processes, bank account maintenance and payment orders."
CASHEDGE SIGNS FIRST ROUND OF BANKS FOR POPMONEY
"CashEdge, Inc. (www.cashedge.com), the leading provider of Intelligent Money Movement™ services, announced today that four financial institutions, including a top 10 bank, are adding POPmoney™ (www.popmoney.com) to their customer offerings. All are expected to be live with the new service by the end of 2009. POPmoney is the first email and mobile person-to-person payments (P2P) service for banks."
Internet Is Top Banking Method
"Online is now the No. 1 method of banking, according to an August 2009 survey of US consumers by the American Bankers Association (ABA). One-quarter of respondents preferred banking online to using branches, ATMs or any other channel."
Internet banking moves onto your phone
"WITH the rise in popularity of 3G mobiles, banks will soon offer their facilities anywhere you can get a phone signal. The world of banking has come a long way since we all queued up at bank branches to transfer money or withdraw cash. Since the first automatic teller machine appeared at a London branch of Barclays in 1967, banking has steadily evolved from a Dickensian-style, paper-based industry requiring rubber stamps on every transaction, through the telephone banking revolution of the 1990s to today's hi-tech digital operations where, with the right equipment, many of us need never visit a bank branch again."
M-Com Presents Interactive Webinar on Mobile Banking and Payments: Winning Strategies for Banks
"Global mobile banking and payments solution provider M-Com is to host a series of webinars on how banks can make money from mobile banking and payment services. Hear from industry experts at M-Com about what is working and what is not in the Mobile Financial Services space based on our 10 years of experience helping banks make the most from the mobile channel. This is not a product pitch but rather a review of key issues facing the segment, opportunities for revenue generation in the near-term and best practice approaches for delivering world class Mobile Financial Services solution in your market. Strategies discussed will be applicable to both developed and developing markets based on M-Com’s experience delivering winning mobile banking, payments and m-commerce solutions that help banks capitalize on revenue generation, cost mitigation and competitive differentiation opportunities."
First Bank Launches Free Mobile Banking
"In an effort to better service clients, FirstBank has launched free mobile banking to all account holders in the United States & British Virgin Islands. FirstBank’s mobile banking service will give clients instant connectivity to accounts anywhere, anytime using the browser on their mobile devices. FirstBank is pleased to offer clients yet another delivery channel for accessing their account information. The Bank continues to take a proactive leadership role in providing clients with the technology to meet their needs not only today but in the future."
ClairMail Extends Mobile Banking Platform
"ClairMail, Inc., the leader in mobile banking and payment solutions, today announced Version 4 of its industry leading mobile banking platform. The new platform includes cutting-edge technology designed to help financial institutions realize the strategic potential of mobile banking. This new release of the product delivers game changing capabilities in the three most critical areas of mobile banking solutions, the ability to use mobile to drive to 100% coverage of the bank's customers, the ability to proactively deliver personalized content to deepen customer engagement, and the need for a simple, yet powerful, converged customer experience to deliver comprehensive services and technology through a unified and streamlined customer interface."
CellTrust SecureSMS to Meet the Stringent Mobile Banking Requirements
"CellTrust Corporation, the world's largest provider of SecureSMS for mobile phones, announced today its SecureSMS platform meets the new and stringent SecureSMS security requirements of the Central Bank of Nigeria.
With approximately 53% of the adult population in Nigeria financially excluded, the Central Bank of Nigeria has been working feverishly to spur innovation within the financial services sector."
Subscribe to:
Posts (Atom)
