Mobile Banking

Showing Latest Mobile Banking

Zelle claims 4m users and mobile P2P payment app

13 Sep 17 @ 11:06

Zelle, the bank-based mobile P2P offering operated by Early Warning says more than 4 million people have enrolled in the mobile based payment network backed by many of the US’s largest... read more

Square announces it will apply for bank licence

07 Sep 17 @ 15:29

Square says it plans to submit an application to form a wholly owned bank based in Utah. The unit, to be called Square Financial Services, would offer loans and deposit... read more

The rise of the mobile channel – global mobile wallet adoption

05 Sep 17 @ 10:17

Mobile wallet and payments have been hot topics for a few years, with many predicting the end of traditional card payments and overstuffed “Costanza” wallets. Rumours of cards’ demise have... read more

Australian banks to kill PINs by pushing towards biometric authentication

04 Sep 17 @ 11:10

Consumers will soon be able to forget about PINs and frustratingly long 16-digit card numbers when shopping online and in the real world, as Visa moves to make Australian banks... read more

Remote KYC: A competitive advantage for mobile only banking

31 Aug 17 @ 14:01

The required procedures for Know Your Customer (KYC) have finally broken free of branch-based face-to-face meetings, and now enable banks to use videoconferencing and biometrics to verify a customer’s identity... read more

Mastercard piloting turning smartphones into payment terminals

31 Aug 17 @ 13:48

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments,... read more

The drive to digital and its impact on financial inclusion

31 Aug 17 @ 11:51

A couple of hikers see a farmer leaning on his gate and stop to ask for directions. “We’re looking to get to X,” they say. “Well, I wouldn’t start from... read more

Mobile users can no longer afford to overlook cyber security

23 Aug 17 @ 14:14

In today’s digitally-driven society, being able to access your money when you want, from any device, is no longer a luxury but a necessity. In fact, being able to quickly... read more

New Android malware Fakedtoken can steal card details from apps

22 Aug 17 @ 15:27

A new piece of Android malware, dubbed Fakedtoken is able to quietly steal victims’ details when they enter them into apps, as well as spy on their texts and phone calls,... read more

Open financial services – An open invitation to financial inclusion

21 Aug 17 @ 13:42

‘Open’ is a short word with a long list of meanings. These range from being free to all to join, ready for business or prepared to entertain new ideas. The... read more

Chinese regulator mandates mobile payments clearing house

15 Aug 17 @ 13:42

China’s central bank and regulator has mandated online and mobile payment groups to operate through a centralised clearing house, a move likely to undercut the dominance of Ant Financial and... read more

Indian digital transaction volumes hits 860 million per month

15 Aug 17 @ 13:31

Digital transaction volumes in India hit a new record in July growing almost 2% from the previous month to 859.2 million, according to data released by the Reserve Bank of... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more