Digital banking tipping point set for 2015
By 2015 more people will interact with their banks digitally than through branches, and they'll be prepared to pay for the privilege, according to a global survey from PricewaterhouseCoopers.
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Citi slaps down Bank 2.0 rivals in Innotribe face-off
Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.
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TSYS partners with IE to launch mobile app
TSYS has announced that it has signed an agreement with IE, Parseq plc’s software division, to provide European cardholders with a mobile application.
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Mobile and social to emerge as power channels for banking
New data from the UK's Office of National Statistics demonstrates the critical importance to banks of mobile and social channels to the consumer, with 91% of young adults connected to social networking sites, and nearly half of all Web users accessing the Internet via their mobile phone.
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US banks making mobile happen
Bank of America, JPMorgan, and Wells Fargo have joined forces to develop a clearing house for person-to-person online payments transfer via mobile or e-mail.
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M-banking surges as emerging markets embrace mobile – Analysis
Global use of ‘mobile finance’ surged in the past year as the spread of new technology and mobile banking infrastructure drove a huge increase in take-up rates around the world, new research from TNS, reveals.
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Mobile banking services can lead to 300% ROI for banks
Mobile banking services can deliver strong returns for banks that measure customers’ usage patterns and target consumers’ needs, according to Accenture Research.
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Mobile banking- not important to UK consumers - yet
Research by independent market analyst Datamonitor, has revealed that whilst consumers in markets like Africa, Asia, India and Russia have access to advanced mobile banking services, most UK consumers only have access to basic text-based functions like checking balances. As a result UK consumers don’t yet see the importance of the technology.
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Commercialbank of Qatar goes mobile
Sybase 365 has announced its partnership with Commercialbank of Qatar, the largest private sector bank in Qatar, for the launch of a comprehensive mobile banking and mobile payments service for its retail customers.
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Fiserv partners WorkLight on financial services apps
Fiserv is teaming with WorkLight in a bid to cash in on the booming application market, developing financial services apps for desktops, tablets, smartphones and the social web.
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First direct launches transactional iPhone app
UK virtual bank first direct has launched what it claims to be the UK's first true transactional iPhone app. The HSBC unit's free app allows customers to use their iPhones and iPod Touches to view their balances and last 20 transactions, make payments and transfer money between accounts.
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Banco Sabadell introduces mobile cheque deposit
In a European first, Spain's Banco Sabadell has added remote deposit cheque capture functionality to its mobile platforms.
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Vodafone to launch m-banking in India
Vodafone Essar has teamed with ICICI Bank, India’s largest private bank, to deliver mobile banking services to un- and under-banked consumers in the country.
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Google targets mobile money as key strategy
Google CEO Eric Schmidt has identified the development of mobile money platforms as a key strategic priority for the search engine giant in 2011.
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Mobile banking makes a difference
Only 4% of Hong Kong consumers are using mobile banking, but most have a better perception of banks which offer the service, a Synovate study found.
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Mobile banking – The great app frontier
As mobile banking services have essentially become table stakes for major financial institutions in the US, many banks are now shifting their focus to the development of handset-specific mobile banking applications.
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US m-banking take-up jumps 129% in two years
The number of US subscribers to mobile banking has soared by more than 129% in the past two years to 13 million, according to a survey from Nielsen.
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M-banking spurs customer retention
Reason to stay with or change banks survey reveals
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Mobilizing the unbanked at home: US missing the opportunity
By: Cameron Franks, area VP, Americas sales, Sybase 365
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Mobile banking: Will telcos get a fair share of the market?
Recently, Duvvuri Subbarao, governor of the Reserve Bank of India (RBI), said at the Banking Technology Excellence Awards, “World over, there are two distinct models in mobile banking - the bank led model and the mobile operator led model. The Reserve Bank has a clear preference for the bank led model.”
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