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,...
Consumers not ready to pay for m-banking
According to the third annual Global Consumers and Convergence survey, conducted by KPMG among over 4,000 consumers from 19 countries worldwide, in spite of the fact that almost 60% of the consumers globally responded...
ING pilots mobile phone app for card personalisation
Dutch bank ING has trialled technology from US vendor Serverside that enables people to see what a customised card would look like on their mobile phones.
The bank used the app for a competition encouraging...
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...
Visa to offer real-time mobile alerts
Visa Europe has announces the trial of a new mobile service giving Visa cardholders instant transaction confirmation to their mobiles when they use their debit, credit, or prepaid card.
The notifications will provide increased peace...
Indian mobile banking: Unexplored Opportunity
Mobile banking in India is in a budding stage, with the high penetration of mobile phones acting as a growth driver.
India's existing mobile phone user base consists of 347 million users, including 73 million...
Lloyds TSB launches ‘Balance on Demand’ service
Lloyds TSB has become the first bank in the UK to launch 'on demand' text message balance updates for its customers.
The new 'Balance on Demand' service means that customers can request an up to...
MMV and Citi launch m-banking in Philippines
Mobile Money Ventures (MMV) has announced it has teamed up with Citibank to offer the first browser-based mobile banking solution in the Philippines.
Citi Mobile Banking allows customers to securely manage their banking needs from...
MoBank launches on iPhone
MoBank, a mobile banking service founded by former First Direct and Egg bankers Steve Townsend and Dominic Keen, launched on the Apple iPhone.
The service works with an existing bank account to let users buy...
OpenTrust Mobile for iPhone
OpenTrust has announced full support for mobile authentication for smartphones.
The OpenTrust IT Trust and Security platform is now fully compatible with the latest mobile devices, including the Apple iPhone. For the first time across...
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...
