Mobile Banking

Showing Latest Mobile Banking

Barclays refreshes Pingit for corporate payments

19 Nov 13 @ 19:24

Barclays has launched another new feature within its mobile app, Pingit, giving large businesses such as insurance companies, retailers and utility companies the ability to pay individuals using their mobile... read more

Barclays to cut 1,700 jobs – mobile banking to blame

18 Nov 13 @ 12:58

UK Banking giant Barclays says it is to cut 1,700 jobs from its branch network in the UK, the cuts come as it scales back the number of branches across... read more

Mobile banking cannot replace local bank branches

05 Nov 13 @ 14:07

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... read more

U.S. Bank to launch Mobile Photo Balance Transfer

29 Oct 13 @ 18:17

U.S. Bank, the fifth-largest bank in the United States and lead bank of U.S. Bancorp and Mitek Systems have made an agreement in which U.S. Bank will offer Mitek’s Mobile... read more

Security advancements for mobile banking applications

24 Oct 13 @ 16:12

To support financial institutions (FIs) in developing and deploying secure mobile banking applications (apps), e-security solutions provider, Cryptomathic has released a white paper ‘Secure Mobile Transactions – Fact or Fiction?’.... read more

RBI sets up committee to explore potential of encrypted SMS mobile banking

10 Oct 13 @ 16:46

A Technical Committee on Mobile Banking has been set up by The Reserve Bank of India to explore the possibility of providing SMS-based mobile banking on all types of phones.... read more

Mobile banking real-time P2P mobile payment

08 Oct 13 @ 14:49

Tyfone has integrated Acculynk’s real time P2P mobile payment service, Payzur, into its mobile banking iPhone and Android applications adopted by Boulder Valley Credit Union (BVCU).  With Payzur, BVCU members can... read more

MTN initiative reaches million-customer milestone

16 Sep 13 @ 11:38

Mobile Money, a mobile banking initiative by mobile operator MTN that uses Pick n Pay and Boxer stores as branches, has reached a million customers and processed more than R1... read more

FNB registers patent for IM money transfers

03 Sep 13 @ 15:58

First National Bank (FNB) has registered a patent in South Africa for a method of transferring money using an instant messaging service and has included the functionality in its smartphone... read more

South African mobile banking growth revealed

23 Aug 13 @ 18:45

Standard Bank says its mobile banking customers as at July 2013 have swelled to 3 million, representing a 58% increase from the same period last year. On 15 August the group reported a... read more

Bank of America surpasses 1 million small business mobile users

23 Aug 13 @ 18:44

Bank of America announced that it has surpassed 1 million small business mobile users.  “Today’s small business owners aren’t behind desks all day, and many don’t even have a desk,”... read more

Braintree collaborates with Simple

11 Jul 13 @ 02:34

Braintree announced it will offer Venmo Touch to card issuers and mobile banking providers, delivering one touch mobile payments to their customers. Braintree is collaborating with Simple, a leader in online and mobile banking,... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more