Mobile YIR 2012

Money2020: Fistful of Digital Dollars

By Robert McGarvey | October 31, 2012

LAS VEGAS — Disruption. Disintermediation. Reinvention. These three themes rocked the first installment of Money2020, a bustling conference that attracted a full house of 2,000-plus attendees and, more importantly, it brought in very senior executives from major financial services players ranging from American Express to Visa, MasterCard and Discover; from...
Mobile Capture Comes To Small CUs

By Robert McGarvey | October 22, 2012

The hot must-have technology in banking today has to be mobile remote-deposit capture, software that lets members take a photo of a check with a smartphone camera and, presto, it’s deposited into their account.
BAI Retail Delivery: Branson Wows, but Mobile 2.0 Rules

By Robert McGarvey | October 14, 2012

WASHINGTON — Keynotes by Sir Richard Branson, the $4 billion Virgin serial entrepreneur, and global strategist Jonathan Salem Baskin. Panel after panel on mobile banking, peer-to peer-payments and the rules of engagement with social media. A tentative obituary for near field communication, an innovative payments technology around which enthusiasm seems...
Mobile Remittances May Boost World’s CUs

By Natasha Chilingerian | September 17, 2012

A new partnership between the World Council of Credit Unions and Boom Financial, a Palo Alto, Calif.-based company that provides mobile banking and money transfer services to immigrant and unbanked families, could pump new life into credit unions in developing countries.
Mobile Banking Surge to Continue

By Staff Writer | June 25, 2012

The Raddon Financial Group’s Spring 2012 National Consumer Research study, which is based on 1,230 survey responses gathered in February of this year, showed that household mobile banking use has more than tripled in two years from 6% in 2010 to 20% in 2012.
Guest Opinion: Putting Mobile Banking on the Map

By Bill Simmons | June 25, 2012

To know where you are going, it’s good to reflect upon where you’ve come from. The first banks date back to around 2000 BC in Assyria and Babylonia and consisted of merchants that made loans to farmers and traders that carried goods between cities.
Wallets’ Multiple Uses May Aid Decision to Adopt

By Robert McGarvey | June 25, 2012

Mobile wallets are coming – that is a certainty, some experts say. But just about everything else around this issue remains uncertain as credit unions, banks, and merchants scramble to attempt to keep pace with a fast evolving marketplace.
Tablet Interest Builds in Next Phase of Mobile Usage

By Robert McGarvey | June 25, 2012

Just as one format for mobile banking enters the mainstream, another form is beginning its stampede across the financial services landscape.
Mobile Wallets Begin to Bulge

By Robert McGarvey | May 29, 2012

Hungry? No cash in your pocket? Not a problem if you were an employee at SEFCU, the $2.4 billion upstate New York credit union, during an ambitious pilot it ran last summer and fall to test an FIS mobile wallet product at Zia Maria’s Cafe at the SEFCU corporate headquarters...