Mobile Banking

Operators missing out on mobile banking

Immigrant and youth communities form unexploited sweet spot for m-banking 

Mobile operators in Europe are missing out on a business opportunity by viewing mobile banking as something best suited to developing markets, according to Aletha Ling, executive director of Fundamo, a provider of mobile banking platforms.

Ling said that operators are ignoring communities in developed markets that would respond well to banking and financial services offered under an operator

Visa to offer real-time mobile alerts

Visa Europe today announced the trial of a new mobile service giving Visa cardholders instant transaction confirmation to their mobiles when they use their debit, credit, or prepaid card. The notifications, says Visa, will provide increased peace of

Mobile payment services - Banking on mobile payment

Mobile payments using NFC has been a coming technology for a while, but what are the actual elements needed for success, and what part do operators, technology providers and service providers need to play?

Mobile banking service closes second stage funding

MoBank, a new mobile banking service founded by former First Direct and Egg bankers Steve Townend and Dominic Keen, has successfully raised three-quarters of a million pounds in its second stage of funding.

Mobile banking users to exceed 150 million globally by 2011, says new research

The number of mobile phone subscribers that use their phones for mobile banking transactions will exceed 150m globally by 2011, according to a new study by Juniper Research. The figures refer to additive banking which is focused on

EDB and Encap secure internet banking log-in using a mobile

With many Norwegian internet banking users currently relying on security calculators to log in to their internet banking accounts. EDB, working in collaboration with Norwegian technology company Encap, is now launching a new solution for secure log-in using

The 'Great Unbanked' to drive mobile finance market to 41.5 billion transactions by the end of 2011 - but legislation issues must still be overcome, says Juniper Research

Juniper Research has forecast that 41.5bn mobile financial service transactions will be made by the end of 2011.  According to Juniper, the key drivers for these transactions will be the high speed of adoption by consumers of new

Soprano Design partners with TynTec to provide mobile banking and payment solutions

Soprano Design, a provider of mobile enterprise messaging infrastructure and applications, today announced that it will partner with mobile messaging services provider TynTec for the delivery of mobile financial services globally.The partnership will bring to market a joint