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Stories about: mobile banking


Updated PayPal Application Available for Android

A new flavor of the PayPal app for devices running under Google's Android operating system is now available for download via the Android Market, bringing along a wide range of enhancements and new features. The new PayPal application release landed in the application store as version 3.0 and was made availabl...

8 November 2011
13:41 GMT

Union First Market Bank Customers Get iPhone App

Union First Market Bank has announced three new mobile banking offerings. Among those, there’s an iPhone app that allows clients to use the bank’s full suite of mobile banking services. Union First Market Bank has launched mobile web, text message banking, as well as an iPhone application, becoming the...

1 August 2011
10:36 GMT

40% of U.S. Consumers with Mobile Devices Use Mobile Banking, Says Survey

Surprising or not, mobile banking is not a recent discovery, on the contrary. The earliest mobile banking services were offered by European banks over SMS since 1999, as soon as the first smartphones with WAP support were launched on the market. However, following the rapid growth of phones based on Google's...

1 July 2011
15:31 GMT

Citi Plugs Security Hole in iPhone Mobile Banking App

Citigroup, one of the largest financial services companies in the world, has released a new version of its U.S. mobile banking application for the iPhone in order to resolve a security flaw. The issue involved customers' account and payment information being saved in a hidden file on the device.The Citi Mobile a...

27 July 2010
12:25 GMT

Phishing Attack Launched from Android Market

A malware writer succeeded in getting a rogue phishing application listed on the Android Market website. The software posed as a shell for mobile-banking applications, but, instead, was being used to steal online banking credentials. According to an alert issued by Travis Credit Union (TCU), the rogue piece of softw...

11 January 2010
11:29 GMT

Scotiabank to Launch Mobile Banking Solution

North America's premier financial institution Scotiabank has recently announced  that it plans on offering mobile banking services to its users as soon as the spring of 2010 arrives. According to the company, the move will be made through the partnership it has recently signed with M-Com, an international m...

28 November 2009
05:13 GMT

45% Handset Users to Do Mobile Banking by 2014

One of the services that mobile phone owners around the world can enjoy on their devices today is mobile banking, which is reportedly seeing increasing usage on the market. According to a study recently published by Javelin Strategy & Research, mobile banking will change the manner in which consumers manage their fin...

10 September 2009
08:06 GMT

170 Million to Make Person-to-Person Payments by 2011

A recently published study from ABI Research shows that one of the services that are expected to become very popular in the near future is the mobile person-to-person payment system. While the mobile banking services will also become popular soon, the research firm says that three times more subscribers will make per...

15 July 2009
07:53 GMT

Fiserv Announces Mobile Money FastTrack

Fiserv, Inc., a worldwide leading provider of financial services technology solutions, announced on Monday the introduction of Mobile Money FastTrack, a new mobile banking solution that offers fast deploying in financial institutions. According to the company, the Mobile Money FastTrack is a new version of the Mobile...

2 June 2009
04:09 GMT

Nokia Makes Investments in Obopay

Giant Finnish mobile phone maker Nokia is reported to be making moves in the direction of transforming handsets into credit cards. To be more precise, the company announced on Wednesday that it owned a small stake in Obopay, a company focused on mobile payments, allowing those who have Obopay accounts related to thei...

26 March 2009
09:18 GMT

ABI Research: Mobile Financial Services Will See a Wide Adoption

ABI Research has recently published another mobile financial services report, which also states that there is a great chance that these services will attract a lot of users in the future and that they will most likely become “the next big thing” on the mobile phone market. Mark Beccue, the senior analys...

19 January 2009
10:15 GMT

150 Million Users to Make Mobile Banking Transactions by 2011

According to a new study published by Juniper Research, the number of mobile phone users who would make mobile banking transactions using their handsets is expected to exceed 150 million globally by 2011. As the report states, the most advanced mobile banking market is in the Far East, yet mobile banking services ar...

16 January 2009
11:58 GMT

Citibank Korea Releases Its English Mobile Banking Service

The mobile banking system seems to become more and more popular, as banks from all over the world are releasing or considering releasing this kind of system. Such is the case with Citibank Korea, which has taken it to the next level, twisting the idea a bit, so that it would be most profitable. As a result, an Englis...

16 December 2008
09:39 GMT

Verizon Brings Mobile Banking and Field Force Manager for BlackBerry

Verizon Wireless offers from now on two new applications for its BlackBerry customers: Mobile Banking and Field Force Manager. Mobile Banking will allow users to have non-stop access to their financial information and the features and capabilities of the application include: - Bill Payment, for viewing and paying bi...

18 July 2008
06:25 GMT

Obopay Extends Reach of Mobile Money Transfer

Obopay, a company specialized in mobile payments, announced that bank customers can now use their existing bank accounts to send and receive money from their mobile phones. The new feature introduced by Obopay allows users to pick up payments without having to sign up for Obopay.By linking an existing checking or sav...

24 March 2008
11:14 GMT

Verizon Wireless Launches Mobile Banking Services

Verizon Wireless and Firethorn, a Qualcomm company specialized in mobile banking and payments solutions, announced that customers of major financial institutions in the U.S., including Wachovia, SunTrust, FirstBank, and BancorpSouth, can access their accounts from their mobile. The mobile banking solution powered by ...

4 January 2008
09:01 GMT

Firethorn to Provide Mobile Banking Services for Verizon Wireless

Verizon Wireless announced a partnership with Firethorn Holdings, a company specialized in mobile banking and payment solutions that will enable Verizon's customers to interact with their financial institutions using Firethorn's mobile financial services application."After carefully researching the marketpl...

15 October 2007
10:09 GMT

mFoundry and Sprint to Launch Mobile Banking Application

mFoundry announced an agreement with Sprint that will bring mobile banking and financial services to Sprint customers. Available on Sprint Vision and Sprint Power Vision phones, the solution will enable users to check their bank balances, transfer funds between their accounts and make bill payments with participatin...

30 April 2007
09:54 GMT

Users Skeptical About Mobile Banking

According to JupiterResearch, even though several companies are constantly trying to promote it, the interest in mobile banking services is so far limited. As little as 8 percent of online customers that own a cell phone have proved any interest at all in using mobile browsing to check their account balances. In its...

24 April 2007
04:08 GMT

ClairMail and TELUS to Enable Mobile Banking in Canada

ClairMail announced a strategic partnership with mobile operator TELUS to bring the ClairMail solution to Canada. TELUS and ClairMail will initially focus on enabling retail banks, credit unions, brokerages, and credit card companies across Canada to offer mobile banking and payments services.Offered exclusively in C...

3 April 2007
07:17 GMT

New Mobile Banking Application Available for AT&T Customers

AT&T, BancorpSouth, and Firethorn Holdings announced the availability of a mobile banking application that brings the convenience and security of online banking to mobile phones. BancorpSouth customers who subscribe to AT&T's wireless service can now download the mobile banking application directly to their devi...

27 March 2007
06:27 GMT


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