The US mobile banking landscape

The mobile applications landscape has changed tremendously since Celent’s first report in May 2012. Big US banks have set the stage for broader market trends, while small banks look to these larger players to...

US mobile cheque deposit on the rise

One in seven Americans have used mobile cheque deposit using a mobile device within the past year - up from one in eight Americans last year, according to a recent survey by the American Bankers...
Open access, Open banking and Open APIs

UK’s Open Banking initiative goes live after managed roll out

The Open Banking initiative in the UK has finished a three-month managed roll out programme, leaving regulated companies free to start offering Open Banking related services. Since mid-January, the Open Banking Implementation Entity has carried...

IDC’s mobile banking vendor survey

A new study from IDC Financial Insights has found that "while current economic conditions may have curtailed both consumers' demand for mobile banking and banks' willingness to invest in it in the short term,...

Mobile banking cannot replace local bank branches

Is a cashless society the shape of things to come? Many predict a world without physical money, where people are prepared to carry out all their banking transactions through mobile devices. But few are...

Explosive adoption for OnPoint Community Credit Union

Six months after launching a mobile banking service based on Tyfone's financial services infrastructure, OnPoint Community Credit Union reports that usage among its members of the new mobile payments capabilities have exceeded expectations and...

€25,000 for your old Nokia 1100

During an ongoing investigation in to Cross Border ID Theft gangs that are specialized in card and on-line banking fraud. Ultrascan-kpo.com found an increasing demand for old Nokia's 1100 mobile phone. Nokia's cheap 1100 handset...
PINs and Passwords Vs mobile biometrics

Overcoming mobile biometrics challenge in financial services

The vast majority of consumers—93%—prefer biometrics over passwords for authenticating payments or other financial services. This comes as no surprise, as using biometrics is more secure and eliminates the hassle of having to recall...

Iraq’s Asiacell moves into m-banking

Iraqi telco Asiacell has inked a deal with Amwal, a consortium of the country's private banks, aimed at letting customers manage their finances through mobile phones. Under the deal, Asiacell subscribers and the consortium's clients...

Mobile banking or a goat? – by Jim Rosenberg, CGAP

What's more convertible for currency - a mobile payment or a goat? At the moment, in India, the goat is the only option for many people. So says Vikram Akula, chairman of Indian microfinance...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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