Huntington Bank Launches Mobile Apps

Jeff Dennes Kicks Off Huntington’s Mobile Roadmap with New Android and iPhone Apps
"Huntington’s ambitious plan to jump-start its mobile banking strategy moved forward this week with the introduction of new apps for the iPhone and Android operating systems.
The apps will be a baseline for future mobile development as the bank takes advantage of smartphone functionality. 'It allows us to use the native capabilities of the phones, such as Google Maps for ATM and branch locators,' says Jeff Dennes, senior vice president and chief digital officer for Huntington National Bank."

Kony Inks Deal With Huntington Bank for Mobile Portfolio Development
"Kony, the leading mobile application platform provider, today announced that it has signed a deal with Huntington Bank to help the bank create its forthcoming mobile portfolio. Kony's unique Write Once, Run Everywhere platform enables applications to be changed once for all channels, ensuring faster adoption of new operating systems and standards as they are introduced, while eliminating maintenance, upgrade and future development costs."

Mobile Banking Updates - Jun 16

Press M for mobile banking!
"Offering access to your bank accounts at any time and at any place, mobile banking is as convenient as banking gets. Mobile banking services have long graduated from providing just alerts on your phone. From paying bills to checking credit card dues to making enquiries on your demat holdings to sending money using just mobile numbers, a lot of services are now available at the press of a button. Some banks also help you obtain income-tax certificates or get loan agreement copies, while others tempt you to shop, travel or gift your loved ones through services such as ngpay or mshop which gives access to hundreds of merchants from your mobile phone. So how do you make a start?" >> Continue Reading

Mobile Banking Updates - Jun 15

Bank of America revamps its mobile banking app with latest update
"Bank of America has updated its Android mobile banking app to version 3.1.120 with a completely revamped appearance and user interface. Anyone who thought the previous versions were a little heavy on the “blah” should be pleasantly surprised to find a more user-friendly experience with a clean, polished finish that's sure to please even the pickiest mobile bankers. "

Wells Fargo Leads in Business Mobile Banking
"The banking industry often is accused of dragging its feet on corporate mobile banking. 'While the potential of the consumer mobile banking market is certainly attractive, little emphasis is being placed on the corporate or small-business markets,' Celent senior analyst Jacob Jegher wrote in a blog post in July. 'This is quite surprising given the penetration of mobile devices in the business world.'"

Standard Chartered makes mobile banking a Breeze
"The Bank’s first mobile banking application to view, move and manage finances anytime, anywhere. Standard Chartered Bank, India’s largest international bank, today announced the launch of an innovative mobile banking application in India, called Standard Chartered Breeze. The product gives customers greater ease of use and a higher degree of convenience, through an intuitive and design rich interface."

Star One CU Selects Tyfone for Mobile
"Star One Credit Union chose Tyfone Inc. for mobile banking services partly because of its near-field communication contactless payment capabilities, the $5.6 billion credit union said Tuesday.

Star One, of Sunnyvale, Calif., said it signed an agreement with Tyfone, of Portland, Ore., for mobile banking technology. Because Tyfone's systems are integrated with the vendor Fiserv Inc.'s XP2 core banking system, which Star One uses, Star One's mobile customers will get faster access to data."

Mobile Banking Updates - Jun 12

38% Of US Banking Customers Are Online-Oriented and 18% Are Mobile-Enabled, According to New Research Report from Novarica
"'With certain online banking interactions up over 25% over the last five years and mobile interactions gaining ground quickly (albeit from a smaller base), banks must look to streamline the consumer experience across all bank channels,' said Madhavi (Madi) Mantha, head of banking research at Novarica and co-author of the report with Novantas partner Kevin Travis and principal Ethan Teas. 'Banks can no longer afford to view digital channels as alternate channels – they must be treated as a primary destination.'"

Charles Schwab (Ask Chuck!) Mobile Banking App Now Available
"Charles Schwab has been winning over the hearts of many investors and savers lately, and now Chuck has gotten himself a good ol’ Android application. It doesn’t look half bad, either. Take a look at this short list of features waiting for you upon downloading the app and signing in:
* Manage your investments with the ability to view current positions and transfer money between accounts.
* Keep an eye on market news and real time quotes.
* Easily trade stocks, mutual funds, ETFs and more."

Report: One in four are ready for advanced mobile banking
"Recent research from Javelin Strategy & Research found that one in every four consumers is interested in advanced mobile banking technology that allows checks to be deposited with the use of cell phone cameras."

Mobile Banking Updates - Jun 7

Clairmail Appoints New Executive Leadership
"Clairmail, Inc., the leader in mobile banking and payment solutions, recently named Steve Anderson as its new Chief Financial Officer (CFO) and Gordon Simpson as its new Chief Technology Officer (CTO). The new executives come to Clairmail with extensive experience and will aid in the continued growth and success of the company."

Monitise makes smart mobile banking moves in India
"Monitise is a company that lives up to its name. It’s an enabler of mobile money services – whether you’re a bank, mobile operator or other financial services provider, Monitise can allow you to offer advanced mobile banking, payment and money products. And now it has announced a major app launch in the virile Indian market."

Mobile Banking Updates - Jun 5

Huntington Closer to Mobile Update


Checking getting more expensive at Bank of America
"Bank of America says its fee increase reflects the greater services it is providing, such as spending alerts and mobile banking. But the move is also in line with the industry's pullback on free checking. The availability of free checking accounts with no strings attached shrank last year for the first time since 2003. Only 65 percent of checking accounts were free, down from 76 percent in 2009, according to Bankrate.com."

Study: Mobile Banking Not Just for the Affluent
"Mobile banking users are not necessarily more affluent than nonmobile bankers, according to Boston-based research firm Aite Group, and credit unions should invest in debit cards, prepaid cards and merchant-funded awards to attract new members."

Branch-Building Spree Is Customer-Driven, JPMorgan Chase's Scharf Says
"With mobile banking, JPMorgan Chase & Co. is making it easier for customers to avoid visiting branches. Then why is the New York banking giant opening so many new ones while other banks are closing theirs? Rivals and branch consultants have been pondering the question since JPMorgan Chase said in February that it plans to open 1,500 to 2,000 branches over the next five years, mostly in California and Florida."

Mobile Banking Updates - Jun 1

Look to Mobile Banking for Lessons on Mobile Payments
"Just a few short years ago debate swirled over which of the three primary mobile banking access modes – SMS (text messaging), mobile browser or downloadable application – would emerge as “the winner.”

Many early mobile banking implementations focused only on one access mode, often a downloadable application for smartphone users. This limited approach prevented credit unions from capitalizing on the full potential of the mobile channel, as it narrowed not only the field of possible mobile banking users, but also the availability of features and functionality."

How to Build a Bionic Mobile App
"To paraphrase the opening lines of the iconic 1970's TV show that made Lee Majors a star: We can build it. We have the technology. We have the capability to make the world's first bionic app.

In "The Six Million Dollar Man," scientists took a broken human, added bionic parts and rebuilt him -- better, stronger, faster. As far as banks are concerned, they now have the technology to take complex account functions and make them better, stronger and faster within the context of the mobile platform. In other words, we have the technology."

6 Ways to Secure Mobile Apps
"While mobile banking applications are becoming the wave of the future, if not constructed securely, they could allow hackers to hijack your customers' accounts. But that doesn't mean you should forego mobile banking.

When designing a mobile banking application, not only do the developers need to consider the application's functionality and usability, but they must consider the security of the application. Essentially, today's smartphone is just a small computer. Thus, as more and more consumers adopt mobile banking, the hackers will target the mobile device. There are six security best practices that banks should follow when developing mobile applications:"