"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" 
Showing posts with label Mobile World Congress. Show all posts
Showing posts with label Mobile World Congress. Show all posts

Wednesday, February 17, 2010

Now is the time of Mobile - Eric Schmidt

"Schmidt said that the future of mobile is also the future of banking and finance. 'It is our strategy to encourage the banking community to embrace mobile, it will help bring banking to the millions of unbanked people in developing countries. The work is currently being done by mobile operators – the correct credit card should be your mobile phone. There is so much information and it is much more useful. If you had a mobile banking app that is authenticated and tied to the banking system, for example.'" >> Continue Reading

Tuesday, February 16, 2010

Mobile Banking Updates - MWC

At Mobile World Congress, mobile banking takes center stage: Portfolios of the Poor meets the five firms who reach two billion customers
"Today, the CGAP Technology Blog comes to you from the Mobile World Congress in Barcelona. The MWC is the world’s biggest business show for all things mobile related. In recent years we’ve noticed how the focus on mobile banking has slowly grown on the agenda – both in the conference itself, as well as for the mobile network operators who comprise the membership of the GSMA.

Just two years ago, mobile money was relegated to a side session of a few hours. This week, there’s two full days of mobile money content – starting with Monday’s panel of the so-called “two billion club” – the handful of mobile operators who combined reach one third of humanity with their cell coverage."

Mobile Contactless Payments at Mobile World Congress 2010
"The GSMA, Samsung Electronics Co. Ltd., Telefónica, and Visa, together with Giesecke & Devrient, Ingenico, ITN International and La Caixa, have announced 'the arrival of contactless mobile payments at Mobile World Congress in Barcelona this year. The companies unveiled the result of months of collaboration and have brought the first ever SIM-based NFC payments pilot to Mobile World Congress.'"

YellowPepper and Fundamo Partner to Bring Greater Access to Mobile Money Services in Latin America
"YellowPepper, a leading provider of mobile financial services in Latin America, today announced the launch of YellowPepper Mony, a comprehensive mobile financial product for the unbanked. This product was created as part of a strategic alliance with Fundamo, the world's largest specialized mobile banking and payment software solution provider. YellowPepper Mony enables financial institutions and corporate clients to deliver secure, convenient and easily accessible financial services to consumers, such as mobile money transfers, international remittances, mobile bill payments and pre-paid cell phone service."

Visa, DeviceFidelity Partner for microSD-based Mobile Payments
"Visa and DeviceFidelity have announced plans to market a solution that can enable a mobile phone with a memory card slot to be used as a Visa mobile payment device. According to the companies, 'the solution combines Visa’s contactless payment technology, Visa payWave, and DeviceFidelity’s In2PayTM technology to transform a mobile phone with a microSD memory slot into a mobile contactless payment device. This can enable consumers to make mobile Visa payWave transactions at any retail location that accepts contactless payments. Trials are scheduled to begin in the second quarter of 2010.'"

Neustar Announces Mobile Barcode Interoperability
"Today at the GSMA's Mobile World Congress, Neustar, a provider of innovative solutions and directory services enabling trusted communications across networks, applications, and enterprises around the world, announced the debut of its Mobile Barcode Clearinghouse Services. The services will help expand the reach and targeting capabilities of advertisers and enterprises using 2D Barcodes, drive adoption among consumers, and enable interoperability among mobile operators, ad agencies, and application providers."

NFC: Past, Present and Future
"What a difference a couple of years make! During CES in 2008, visitors were treated to a variety of demonstrations at the "NFC Zone" where they could experience the power of simplicity NFC style. Yet, at last's month edition of the consumer technology pilgrimage, NFC seemed to stand for "Not Found at this Conference." What happened? Is it just the financial crisis, something more profound or the natural growing pains associated with a disruptive technology?"

Monday, February 15, 2010

Mobile Banking Updates - Feb 15

As Mobile World Congress approaches, let’s look into mobile’s future
"With Mobile World Congress (MWC) almost upon us, the mobile industry is already geared up to set us on a path for the next year. New handsets will be announced and pre-announced, partnerships forged, services and apps unveiled, and future technologies demoed, giving us a pretty good idea of where the next twelve months will take us. But what if we zoomed out quite a bit more and took a bit of a shot in the dark to try to predict the mobile trends for the next decade."

Survey: Users Prefer “Web Brands” Over Carrier Services
"I’ve long said that carriers continually miss the boat in terms of leveraging their position to capitalize on mobile marketing and advertising, and a new survey reinforces my stance even further.

CSS Insight, in its most recent survey, indicates that most consumers ignore the services offered by wireless carriers in favor of more familiar names on the Web. While the research suggests ways for network operators and phone-makers to maximize the uptake of the mobile Web, results indicate that many of these opportunities are being overlooked (again)."

Banks' Eureka Moment on Mobile Services
"Financial companies, discovering that people who bank by phone don't always bank online, are changing how they look at mobile services. Once considered just a component of online banking, mobile services that function independently of PCs are emerging. Banks have realized that mobile phones are a delivery channel in their own right. 'There's a whole group of customers for whom text banking is very attractive, and these are customers whose lives don't revolve around a PC,' said Arah Erickson, Wells Fargo & Co.'s head of retail mobile banking."

Leave The Credit Card, Take The Cell Phone
"Small business owners, listen up: Rachel Wallace, marketing director at Wallace Oil in La Junta, Colo., has a new "big box" killer. (Thought that would get your attention.) Wallace Oil owns and leases six gas stations and a convenience store, and Wallace is always looking for ways to land new customers and keep her existing ones coming back. Last spring The State Bank of La Junta showed her a demonstration of a new mobile payment service powered by Bling Nation."

Samsung unveils Bluetooth 3.0, 802.11n smartphone
"Samsung has taken the wraps off the first phone to be fitted out with its Bada operating system. It also has 802.11n Wi-Fi and Bluetooth 3.0. Called the Wave, the handset sports a 3.5in, 800 x 480 OLED touchscreen. While Bada runs behind the scenes, users interact with the third incarnation of Samsung's established TouchWiz UI."

China Mobile begins commercial rollout of mobile contactless payments system
"China Mobile has begun the commercial deployment of mobile contactless payments based on RF SIM technology. The new SIMs, which incorporate both a payments chip and a contactless antenna, are now widely available from China Mobile stores and can be purchased for a one-off fee of ¥150 (US$22 approx). Subscribers can then simply replace their existing SIM with the new RF SIM and instantly begin to use their existing phone to make payments at the point of sale."

Haiti Donations: A Turning Point in Mobile Commerce?
"Only two days after a 7.0-magnitude earthquake leveled the capital city of Port-au-Prince, Haiti, the American Red Cross raised $7 million via text messaging from more than 700,000 wireless customers. Donations poured in from every wireless network, including AT&T, Verizon, Sprint and T-Mobile.

Red Cross' relief efforts in Haiti signaled a turning point in the history of mobile commerce. 'It was a major validation about the possibilities of text and mobile commerce and what we're going to see in the future," says Gartner analyst Jeff Roster.'"

The New Market Player VoiceCash Makes Mobile Banking a Reality
"What’s in a location? It’s a good question when someone sets out to change the way the world banks. In fact if Michael Kramer was talking from a marble clad penthouse in Frankfurt or London it might sound more convincing. But Munich? But after a few minutes of Mr Kramer’s company the unimposing office suddenly becomes one of the reasons that he actually seems to have the potential of changing how a large part of the world banks."