"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 Salin Bank. Show all posts
Showing posts with label Salin Bank. Show all posts

Sunday, December 12, 2010

Mobile Banking Updates - Dec 12

Smartphone Mobile Banking Use Approaches 50%
"ABI research has announced that about 50% of smartphone users are planning to use their devices for mobile banking, including mobile shopping. A parallel announcement this week highlighted the ABI survey findings when Wells Fargo began rolling out its mobile banking pilot. In its survey of 2,000 consumer technology users, ABI said nearly half of the responding smartphone users said they already or will soon use their phones for mobile shopping. A slightly higher percentage -- 53% -- use or intend to use their smartphones for mobile banking."

Accumulate unveils m-banking application security tech
"Accumulate launch the Safe Frame Library making today's mobile banking reaching the security level needed to enable mobile services, like monetary transfers and agreement signing."

Chase Introduces Mobile Banking App For Android
"Chase announced today that its new Chase Mobile Android Application with Chase QuickDeposit SM allows Android smartphone users to track their Chase account activity, deposit checks, and pay bills and credit cards whenever and wherever they want."

Wells Fargo to Roll Out Mobile Payments Pilot; Visa Demonstrating Capability at CARTES 2010
"Continuing its leadership in the mobile banking space, Wells Fargo & Company (NYSE:WFC) is rolling out its Visa® (NYSE:V) microSD mobile payment pilot. This San Francisco based pilot will include 200 Wells Fargo team members who are also users of specific BlackBerry® smartphones and iPhone™ models."

Study: Bank Of America Is Tops In Mobile
"Bank of America may still be in the public doghouse for the federal bailout money it received, but one thing the financial services provider is doing right is its mobile Web site, according to a study.

Mobile Web banking is no longer the poor sibling of downloadable mobile apps, according to Change Sciences Group, which also evaluated the sites of BB&T, Chase, ING Direct and PNC. The 70-page report looks at the current state of the art of mobile Web banking and placed Bank of America at the top of those evaluated."

Kenyan bank unveils mobile banking
"Faulu Kenya has introduced mobile banking where customers can open and operate their bank accounts, reports Daily Nation. Customers can transfer money within accounts and across mobile networks and do automatic and instant loan applications among others."

How the Mobile Web Will Change Mobile Banking
"As smartphone use rises, banks are looking for ways to help people bank on-the-go and build loyalty. But few banks have invested heavily in mobile web technology, opting instead to develop device-specific downloadable mobile apps. According to a new report released today by web researchers Change Sciences Group, this is likely to change."

Salin Bank Announces Availability of E-Statements, Mobile Banking
"Family owned and Indiana-based Salin Bank is pleased to announce the launch of two new banking applications and tools for its clients. The first application is the addition of e-statements. Designed as part of Salin Bank’s “green” initiative, e-statements will significantly reduce paper waste, as well as offer added convenience for clients. To sign up for e-statements, clients may go to Salin Bank’s Web site www.salin.com."

How the Mobile Web Will Change Mobile Banking
"As smartphone use rises, banks are looking for ways to help people bank on-the-go and build loyalty. But few banks have invested heavily in mobile web technology, opting instead to develop device-specific downloadable mobile apps. According to a new report released today by web researchers Change Sciences Group, this is likely to change."

Wednesday, September 8, 2010

Mobile Banking Updates - Sept 8

Salin Bank Launches New Website
"Family-owned and Indiana-based Salin Bank is excited to announce the launch of their newly re-designed website, www.salin.com. This new website embraces the “sailing” theme that reinforces the family-owned bank’s name – pronounced 'sail-in.'"

The Business Case for Mobile Banking
"Mobile phone usage is pervasive in both emerging and developed markets. As consumers shift more personal business to their mobile phones and smartphone ownership skyrockets, financial institutions and mobile operators should introduce a broad portfolio of new, cost-effective mobile services."

Wells Fargo Mobile Banking Adding Wachovia Customers
"By now, almost every big bank offers mobile banking of some kind. By text message, standard cell phone internet browser or smart phone application, many tech-forward consumers are checking balances, making transfers and setting up payments on the go, at the touch of a button (or touchscreen). Wells Fargo, which was one of the first banks to introduce mobile banking applications for smart phones such as iPhone and Android."

The Magnificent Future of Mobile Phones
"The modern day mobile phone, with its far-reaching coverage and millions of apps, is already an amazingly useful device. Yet innovators in the field of finance and health care want to give the cell phone a whole new set of jaw-dropping functions.

The new technologies will pit payment giants Visa and MasterCard against wireless carriers and start-ups in a race to create a platform that allows consumers to purchase goods, distribute money and manage accounts using only their smart phones. The stakes transcend the technology and strike at the heart of who will retain market dominance over $6.70 trillion in payment transactions."

The 49% Text Banking Gap
"Quick. What comes to mind when you envision mobile banking? I'm guessing most of you pictured a mobile website or shiny new app running on a recent iPhone, Blackberry, Android or other smartphone. And if mobile banking was used only by techies, that would be about right. But banking is used by just about everyone, and everyone still doesn't have a smartphone and Internet data plan."

Javelin finds mobile banking down. Why?
"A recent Javelin Strategy and Research study of over 5,000 respondents in the US found mobile banking usage down. The study has caused a lot of head scratching in the industry — myself included. The report compares this year’s survey to similar surveys in 2009, 2008, and 2007."

The Masterminds Behind Breeze Mobile Banking
"Currently, mobile banking is an incredible banking and financial solution that has focused primarily on the large banks, those that have large enough assets to weather even the toughest financial challenges. However, these banks also need to spend as much as 33% of profit into declining or stagnant markets in order to stay in business. However, the smaller banks are also in dire need of innovative solutions for their customers."