Posted by Mary Wisniewski on May 24, 2011 at 2:30pm View Mary Wisniewski’s blog A lot has been said about mobile banking and security, including consumers vocalizing their fears over using the channel. Indeed, data from the soon-to-be-released Bank Innovation Monitor show that 67% of consumers say they are concerned about mobile-device security. That prevailing [...]
Tag Archives: Mobile Payments
Thu 05/26/2011 - 07:41
Fri 11/05/2010 - 03:00
By David Schropfer of PaymentsU The market tests that are planned for Texas and Utah, and the test that is already underway in Sitges, Spain are on the front lines of the battle to define how mobile payments will work in the future. Today, your Smartphone can be used to buy things at some stores [...]
Fri 04/30/2010 - 12:13
Cross Posted from New York Times By Claire Miller and Nick Bilton You win a bet, but the loser does not have enough cash on him to settle it. If he has a credit card, and most people usually do, there is finally a solution. A number of big and small companies — including eBay’s [...]
Thu 04/29/2010 - 08:51
Cross-posted from The Paypers  Consumers manifest an increasing tendency to adopt electronic person-to-person (P2P) payments, as well as an interest in operating this type of payment transactions via an electronic payment portal (ePayment Portal) , a recent survey has unveiled.  The ePayment Portal was a new product concept tested in the research and is defined [...]
Wed 04/14/2010 - 03:43
By Sarah Clark | NearFieldCommunicationsWorld.com | 8 April 2010, 18:04 Hello! If you’re new here, you might want to sign up for our email newsletter or subscribe to our feed to get the latest NFC headlines delivered to your inbox. A further four patent applications filed by Apple and relating to both NFC and mobile [...]
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 [...]
Mon 03/22/2010 - 10:20
American Banker | Thursday, March 18, 2010 By Daniel Wolfe as Posted on PaymentSource Citigroup Inc. is learning many consumers today do not share its enthusiasm for mobile payments. Citi, the first major bank to evaluate mobile transfers, has determined that even the people most likely to consider their phones a useful way to send money are [...]
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 [...]
Fri 01/29/2010 - 11:39
Forget about cell phone communication for collection calls. The real needle-mover for the ARM industry could be text-messaging — if current laws are changed. by Phill Britt insideARM January 27, 2010 Information technology research and advisory firm Gartner Inc. recently predicted that SMS money transfers will be the number one mobile application by 2012. Even [...]
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 [...]
Wed 01/20/2010 - 05:36
Wall Street Journal By CARRICK MOLLENKAMP Thousands of Americans have pledged $9 million to Haitian relief agencies this week by punching a code and sending a text on their cellphones. But it could be weeks, if not months, before any of that money actually can be used. Secretary of State Hillary Clinton, CNN, and users [...]
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 [...]
