"We can create mobile banking apps for credit unions that truly are better than what the big banks are issuing. Thats our promise, said Robb Gaynor co-founder and chief product officer at Malauzai, an Austin, Tex.-based developer of mobile tools for community-based financial institutions.
Mobility Matters is by veteran tech reporter Robert McGarvey. This week's topics include one very easy way to dramatically enhance smartphone security.
Whats your wallet made of leather, or bits and bytes?At CUNAs recent Government Affairs Conference held in Washington that was a key question raised among those close to the evolution of payment transactions.
Come 2030, credit unions will be in business serving up some kind of financial services, essentially one generation removed from today. However, getting there will be as wrenchingas full of dislocations and painsas was the shift from 1950s-style credit unions with no share drafts into todays full-service financial supermarkets.
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.