Mobile Point of Sale Solutions Could Increase Consumer Card Payments By More $1 Trillion A Year, Study Says April 30, 2013A new report by Javelin says there are nearly 20 million merchants who could start accepting card payments as a result of wider adoption of mobile POS solutions. Mobile Check Deposit Helps Drive Increased Mobile Adoption, Study Finds April 17, 2013Research released yesterday Malauzai Software suggests that banks are seeing increased engagement through the mobile channel after they roll out mobile check deposit. Bank of the West’s New Mobile Feature Makes Checking Balances A Snap April 04, 2013Customers can now see their account balances before they log in with a quick swipe of their smartphone with the bank’s new Quick Balance feature. Strategic Allocation of Technology Funds is Critical to Ensuring Maximum ROI March 06, 2013Bank IT spending is expected to grow modestly this year so banks will have to be thoughtful about investing in technologies that provide a better customer experience and reduce costs and inefficiencies. Check Scanners That Detect Fake I.D.'s Help One Bank Fight Fraud January 30, 2013Check scanners from CTS North America have been enabled with technology that detects fake I.D.'s that have helped one community bank secure branch transactions and can authenticate remote check deposits. Make ‘Em Laugh: 6 Funny Bank Videos That Drive Engagement January 18, 2013Banks may not be thought of as having a sense of humor, but these videos prove banks can laugh, often at themselves.
The Top Challenges Facing Banking IT in 2013 December 21, 2012As usual, bank IT department's will have much on their plates for 2013.
Mobile RDC for Commercial Clients On the Horizon December 14, 2012While some banks are still catching up to offer mobile remote deposit capture for retail customers, some banks are already looking to offer it to commercial clients in early 2013. 2 for 1: Integrating Mobile Banking and Deposits December 07, 2012Simmons First combines mobile banking and mobile deposits to create one seamless customer interface with solutions by Jack Henry & Associates. U.S. Bank to Offer Mitek's Mobile Photo Bill Pay December 05, 2012U.S. Bank announced today that it will begin offering Mitek's Mobile Photo Bill Pay solution that allows customers to pay bills by taking a photo with their mobile device early next year. Adyen Issues EMV-Enabled Mobile Card Reader December 04, 2012The payments company says this is the first mobile card reader that can process both Chip & PIN and mag stripe credit cards.
Wells Fargo Launches Mobile RDC Nationwide November 28, 2012After a soft launch in select states over the summer, Wells Fargo announced today that it is launching its Wells Fargo Mobile Deposit service nationwide. MasterCard and ING Launch EMV Internet Payments Trial November 07, 2012The solution being tested in the trial supports two scenarios: Consumers shopping and paying on a phone; and shopping on a PC or tablet, and then completing the payment step on their phone. Chexar and Visa Deliver Mobile RDC to Prepaid Cardholders October 23, 2012Visa prepaid cardholders will be able to deposit their checks with their mobile devices on to their prepaid cards, gaining immediate access to their funds. Wells Fargo Tops U.S. Banks in Deposits October 15, 2012Bank of America and JPMorgan Chase are second and third, respectively.
mFoundry Launches New Mobile Banking Platform October 09, 2012The San Francisco-based mobile provider announced the release of Fin.X at BAI Retail Delivery.
Walmart Takes on Banks October 08, 2012The retailing giant and American Express have teamed up to offer an alternative to traditional checking and debit accounts. A Complementary Solution to RDC That Helps Financial Institutions Move Paper Depositors to Electronic October 08, 2012Image Cash Letter deposits can help banks quickly process large numbers of remote check deposits and move customers to electronic deposits. American Red Cross Using RDC to Process Donations September 26, 2012The American Red Cross announced today that it is introducing a mobile check deposit capture solution to help process donations from around the country. Adding Salt to Wounds: Consumers Shun Banks for Alternatives September 14, 2012FDIC data shows that the number of households managing their finances without a bank is growing. It sounds like bad news for banks – but maybe it’s actually an opportunity.