Saturday, July 31, 2021
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Mobile payments replacing cards

Mobile payments are being rapidly driven by transactions of £10 or under, according to research from Skrill as part of its The Future of Money campaign. The study reveals that 41% of British consumers...

Tyfone selected by top ten Credit Union

Star One Credit Union, the ninth largest credit union in the US with more than $5 billion in assets, has signed an agreement with Tyfone to deliver mobile banking services to it members. 'As the...

Customer service is key but resources are a challenge

This week we held a breakfast briefing on mobile banking that drew in a crowd of financial institutions and consultants to the industry. The agenda included talks from IE, KPMG and Barclaycard - all...

Orange County’s Credit Union Goes Live with Tyfone

Tyfone has also announced that Orange County's Credit Union (OCCU) has made mobile banking available to its 79,000 members using Tyfone's u4ia platform (MPW 125). OCCU leveraged Tyfone's professional services to deploy mobile banking...

Significant customer base growth for banks offering Mobile Financial Services

Banks offering mobile financial services can increase new customer acquisition by as much as 60%, according to a recent survey by Mercatus. The six-month consumer research study survey, sponsored by Visa examined the impact of...

Monitise FY10 loss widens

Poor Monitise. Even with the backing, and large investment made by payments giant Visa Inc. the mobile banking firm reported a wider loss for fiscal 2010 despite a 125% surge in revenues, as the...

India’s largest bank and MNO form joint venture partnership

State Bank of India, the country's largest commercial bank, and bharti airtel, India's largest telecommunications company, have entered into a joint venture (JV) agreement to make available banking services to the nation's unbanked millions. The...

Mobile banking: Will telcos get a fair share of the market?

Recently, Duvvuri Subbarao, governor of the Reserve Bank of India (RBI), said at the Banking Technology Excellence Awards, 'World over, there are two distinct models in mobile banking - the bank led model and...

US digital banking adoption and satisfaction on the up

Mobile banking adoption grew steadily in the US last year, with 16% of mobile phone owners using their handset to access financial information in the second quarter, according to figures from comScore. The comScore report,...

Indian government to permit rural m-banking from July

People will be able to withdraw cash and transfer funds using their mobile phones in rural areas after the government approved the framework for introduction of such facilities by the banks. The government wants them...

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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