Wake up and smell the hack. “Mobile banking, I would argue, presently, is significantly more secure than is online banking,” said Kevin Travis, a partner with Novantas, a New York-based management consulting firm.
The $985 million AmeriCU Credit Union in Rome, N.Y., has introduced new downloadable apps for its mobile bankers.
Transformations in the mobile banking arena will be a hot topic among credit unions in 2012. According to Morgan Stanley, within five years, the number of mobile Internet users will surpass the number of desktop Internet users.
The increasing awareness of and demand for mobile deposit has placed credit unions at an interesting crossroads.
FI-MOBILE LLC touts signings for new UNIFi mobile banking platform.
Combined CU will have about $3 billion in assets, 166,000 members in New York, New Jersey and Pennsylvania.
Five CUs so far adopt platform for iPhone, Android that company says provides easy back-end customization.
Houston CU covers three major platforms in its mobile banking rollout, says 3,300 members sign up in first month.
The latest version of Wescom Resources Group’s mobile banking platform is for credit union members with Apples in their eyes.
If I were head of marketing at a credit union, “Purveyors of the American Dream” would be the institution’s tagline. It’s simple. It conveys what the financial institution can do for its members.