The PCI Security Standards Council on Friday released its first guidelines on mobile-acceptance applications since announcing in November that it had stopped reviewing such products. The Wakefield, Mass.-based Council, which manages the Payment Card Industry data-security standard (PCI), also said it hopes to start forming a broad group of mobile-payments experts next month to help [...]
Tag Archives: Mobile Banking
Tue 06/28/2011 - 03:57
Mon 05/31/2010 - 04:24
Cross posted from American Banker by Daniel Wolfe The best thing about mobile payment apps is not the speed of transactions made with phones, but how the apps let people manage their accounts on their own instead of wasting time at the register, according to early results from retailers. Bankers have been promoting the mobile [...]
Mon 04/19/2010 - 09:25
Cross posted from Finextra The poll of 687 community bankers shows 89% are considering some form of enhancement to their existing platform. That includes 54% looking to design a mobile application for a smartphone, such as an iPhone, and 35% planning to add some type of functionality to their existing platform. Of those already offering [...]
Fri 04/09/2010 - 11:35
Posted on: 6 April 2010 Posted by: Cormac Flanagan on TheFutureofBanking.org Here is a launch description for a bank’s new mobile banking offering. What year do you think this is from? (scroll down for answer) Customers will be able to check their balances before making a purchase, transfer money between current and savings accounts, and [...]
Wed 03/10/2010 - 09:41
March 2, 2010 Digital Transactions Remote deposit capture by mobile phone, a recent technology still considered experimental by many bankers, has proven itself in deployments so far, a banking researcher said on Monday. “The technology is demonstrably ready for broad adoption,†Robert Meara, a senior analyst at Celent LLC, told attendees at a banking conference. [...]
Tue 03/09/2010 - 09:15
Posted 19 February 2010 by Gaia Vince on New Scientist WITH smartphones taking the world by storm, a phone that can only send and receive voice calls and text messages may seem like a relic from a bygone age. Yet in East Africa, simple phones like these are changing the face of the economy, thanks [...]
Tue 02/23/2010 - 09:16
Digital Transactions (February 17, 2010) While many bankers and even technologists may regard handset-based electronic deposits as esoteric, consumers seem not only familiar with the product but favorably inclined toward it, according to a survey by Mercatus LLC, a Boston-based consulting firm that follows mobile banking and payments. The survey, conducted in December among more [...]
Sun 01/24/2010 - 12:36
Digital Transactions – January 21, 2010 The growth of online commerce in recent years has given rise to a number of payments-related trade groups, not to mention the PCI Security Standards Council, the oversight body of the Payment Card Industry data-security standard. Now a new one has come onto the scene, one is dedicated to [...]
Fri 01/15/2010 - 03:39
As posted by Newsweek During its most recent pledge drive, the popular public-radio program This American Life followed a familiar script, exhorting its users to chip in $10, $5, even just $1, to help pay for its weekly broadcast. The pitch wasn’t new, but one of the payment methods was instead of heading to your [...]
Thu 01/14/2010 - 03:23
By Benjamin Sutherland | NEWSWEEK Published Jan 8, 2010 From the magazine issue dated Jan 18, 2010 As a rule of thumb, small retailers see sales increase by more than 5 percent soon after beginning to accept credit-card payments. Sales of clothes, gifts or other nonessentials often climb a dramatic 10 percent. And yet many small [...]
Fri 11/06/2009 - 11:30
November 6, 2009 as posted by Digital Transactions Electronic person-to-person payments have been around this entire decade, but they’re still largely the domain of specialists such as PayPal Inc. and a host of tech companies. But leading bank processors are getting into the P2P act, and if they’re successful they could spur greater usage from [...]
Tue 10/20/2009 - 11:38
Posted by meggebrecht in Mobile Web, Gomez at CIOzone.com Mobile Internet users are neither patient nor forgiving, according to a survey of more than 1,000 on-the-go surfers. One-third expect Web pages to load at least as quickly on their phones as they do on a PC, says Equation Research, which conducted the survey for Web optimization specialist [...]
Tue 09/22/2009 - 11:46
A new mobile banking report card that looked at the user friendliness of the mobile services offered by 29 of the nation’s largest retail banks and some smaller regional ones found several below average or failing. Matt Hamblen 11.09.2009 kl 19:44 | IDG News Service A new mobile banking report card that looked at the [...]
