Doubt has been swirling around the potential widespread use of near field communication, or NFC, a technology that links consumers’ mobile phones to merchants’ point-of-sale terminals, enabling instant mobile payments. Apple released the iPhone 5 without an NFC chip, leaving millions of consumers out of the NFC equation.
Anchorage credit union becomes state's first to offer smartphone check deposit for mobile banking.
The question is fundamental: which is faster, and easier? Inputting commands into a smartphone by typing on glass or by talking them into the device?
In this preview from next week's print edition, experts ponder whether mobile banking by voice command is ready for prime time.
App allows shared branching credit union members to move funds between accounts or other members' accounts via smartphone.
Session set for April 24-26 in California also one of Fred Becker's last speeches to credit unions before his retirement.
Mobile banking, on boarding and gamification may be some of the buzz words marketing professionals in the credit union industry are using throughout 2013.
Mobile banking, onboarding and gamification are marketing buzzwords expectable in the year to come.
Credit unions are winning in the fight to gain traction in mobile banking, but adoption rates have a long way to grow.
With increasing regulation, economic pitfalls, commoditization of financial services, and foreseeable competition from the likes of Google, Amazon, Apple, and cell phone service providers, CUSOs that continue to offer products and services in a traditional business model could become a liability to their credit union clients.