Banking 2020

NOVEMBER 10, 2014

Digital Channels: Windows to Financial Institution’s Soul – Bank Systems & Technology. Apple Pay Moves World Closer to Mobile Payment Acceptance – Wall Street Journal. Spotlight Apple Pay banking fintech ibeacon mobile apps' With Fintech … If You Can’t Beat Them, Buy Them – The Financial Brand.

Mobile 57

Mobile Fintech Apple Tools 57

Banking 2020

OCTOBER 27, 2015

Ok, so the Apple TV is finally here. If you do a web search for “Apple TV – financial services,” there’s almost nothing that relates directly to the subject. Hype aside, each new Apple release has played a critical role in changing human behavior (in fairness, the jury’s still out on the Apple Watch.). So what’s new?

Apple 40

Apple US Resources Software 40

Banking 2020

OCTOBER 27, 2014

Can CU Wallet Survive Apple Pay? US Bank ships mobile app for corporate payments – Finextra. Bank of America Customers Using Apple Pay See Double Charges - Go Banking Rates. Spotlight adoption Apple Pay corporate payments cu wallet data privacy mobile banking Wal-Mart' – U.S. .

Data 40

Data Apple Payments Mobile 40

Banking 2020

FEBRUARY 20, 2015

Millennials likely to embrace nontraditional services: According to a recent survey conducted for FICO, millennials (aged 18-34) are more likely to use nontraditional services like Apple Pay or Google Wallet, proving that banking alternatives have the potential to grow rapidly if properly designed and executed.

Millennials 40

Millennials Innovation Mobile Samsung 40

Banking 2020

SEPTEMBER 24, 2014

There’s no question that the very idea of retail banking has been in turmoil ever since this thing called the Internet came along. Over time it’s only gotten worse, what with attacks from a range of mobile banking applications and contactless payments, most recently the potential phenomenon named Apple Pay.

Apple 71

Apple Retail FDIC Course 71

Banking 2020

JANUARY 16, 2015

Customers like branches –but don’t depend on them : While branches remain critical for acquiring and retaining consumers, a recent Novantus survey shows that while consumers regularly interact with their financial institutions via digital channels, they still believe the branch is important in selecting their bank. What have you been reading?

Digital Banking 40

Digital Banking Apple Mobile Survey 40

Banking 2020

MARCH 13, 2015

Share of wrist” wars begin: With the unveiling of the Apple Watch , financial institutions are beginning to debut their own plans for smartwatch integration. Spotlight Apple ATM banking EMV financial institutions payments smartwatch technology' What have you been reading?

ATM 40

ATM Apple Strategy Technology 40

Banking 2020

DECEMBER 15, 2014

And of course, there’s the elephant in the room: Apple Watch. Insights Apple Watch MICA wearable' Ralph Lauren, for example, has stepped into the ring with Polo Tech , a ‘compression garment’ that relays health-related information about the wearer into a mobile device. The rest will just have to scramble.

Technology 89

Technology Apple social media Mobile 89

Banking 2020

SEPTEMBER 20, 2015

: Mobile banking usage is continuing to increase in popularity and it’s important that financial institutions keep mobile channels as up to date as online channels.

Mobile 40

Mobile Data Apple Survey 40

Banking 2020

JANUARY 12, 2016

Experts estimate that in 2015 alone, roughly 14 million Apple watches were shipped out. To kick off their 2016 webinar series, Digital Insight will host a free webinar, “ Multiply Customer Connections with Smartwatch Banking ,” addressing this topic. Disclosure: Banking.com is powered by Digital Insight.

Apple 40

Apple Company Fintech 40

Banking 2020

NOVEMBER 20, 2015

Apple Pay and Android Pay are perhaps the two most important mobile wallets that use NFC and neither one is completely safe. Apple recently disclosed a major hack on its app store, while malware attacks on Android are too common to even mention. What security does a mobile device offer?

Security 40

Security Apple Mobile System 40

Banking 2020

APRIL 17, 2015

Nowhere in the world uses mobile banking as much as Africa: A new World Bank-Gallup poll shows that there’s been more mobile banking growth in sub-Saharan Africa than anywhere else in the world.

Customer Experience 40

Customer Experience Mobile New York Apple 40

Banking 2020

DECEMBER 1, 2014

The unmistakable takeaway is that businesses spend more time on mobile devices engaged in transactions with their bank than consumers do. About 60% of the consumers logging in did it via an Apple device. Even the most diligent users would have had a hard time doing complex banking on those nifty little gadgets.

Mobile 61

Mobile Resources Apple Data 61

Banking 2020

NOVEMBER 26, 2015

Take the latest service from Samsung, the Korean electronics giant, that is unleashing its rival to Apple Pay for its smartphone handsets. Certainly as things like Apple Pay and Samsung Pay for TV take root these numbers could be expected to rise. Samsung Pay for TV works in much the same way. .

Samsung 40

Samsung Payments Apple Cards 40

Banking 2020

NOVEMBER 12, 2015

It has partnered with every smartphone maker, including Apple, and is working on agreements with major banks. Like Apple Pay and NFC-based smartphone payments, MasterCard may be the key player to drive the technology into the mainstream.

Technology 40

Technology Payments ATM System 40

Banking 2020

NOVEMBER 9, 2015

Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time.

Mobile 40

Mobile Payments Regional National 40

Banking 2020

JUNE 23, 2015

Leading the way currently are devices like the new Apple Watch, Motorola’s Moto 360, Samsung’s Gear line and the Pebble Watch. Forward-thinking financial institutions are diving into development for the new platform to discover innovative possibilities for mobile banking in the age of even tinier screens. million units.

Apple 40

Apple Management Mobile Video 40

Banking 2020

DECEMBER 1, 2014

The unmistakable takeaway is that businesses spend more time on mobile devices engaged in transactions with their bank than consumers do. About 60% of the consumers logging in did it via an Apple device. Even the most diligent users would have had a hard time doing complex banking on those nifty little gadgets.

Mobile 58

Mobile Resources Apple Data 58

Banking 2020

NOVEMBER 8, 2015

It’s made possible by services like Apple Pay, which means the user can be authenticated using a fingerprint or a PIN. The card giant says shoppers will be able to use their contactless device for high value payments at all contactless terminals across Europe by 2017.

Payments 40

Payments Fraud Cards Retail 40

Banking 2020

JANUARY 15, 2015

The 2014 Federal Reserve report identified that, for the first time, more than 50% of smartphone owners are using mobile banking. Banks continued to invest heavily in this channel to differentiate last year. The big new feature in 2014 was Apple Pay, which had many banks scrambling to get onboard after the November launch.

Retail 40

Retail Trends Millennials Mobile 40

Banking 2020

OCTOBER 28, 2014

Of course, the betting now is that Apple Pay, which is only just hitting the market, will play exactly this role. As discussed here before , there’s certainly no shortage of available options, with a plethora of initiatives dedicated to making it easier for consumers to pay their bills via the smartphone or tablet.

Google 86

Google ATM Trends Study 86

Banking 2020

AUGUST 27, 2015

As such, banks who are keen on implementing a card-less ATM solution will need to strengthen or review their enrollment process as attackers can register to mobile banking as a different user, providing them with the ability to steal cash (see a good example of how Apple Pay is exploited for fraud here ).

ATM 40

ATM User Experience Fraud UX 40

Banking 2020

FEBRUARY 9, 2016

This shift has caused another phenomenon: Banking with a brand-name institution is now less important to consumers. There’s been a move to “white-label” banking , where banks provide the financial capabilities for payment wallets like Google Wallet and Apple Pay. Millennials have emerged as mobile trailblazers.

Mobile 40

Mobile Industry Millennials Survey 40

Banking 2020

AUGUST 17, 2015

As the famous Apple ads once said, no matter what you want to do with your smartphones, there’s an app for that. With demand for these services growing among consumers, having a fully-functioning mobile app is no longer a nice-to-have extra for banks, but an essential part of their offering.

Mobile 40

Mobile Apple Online Report 40

Banking 2020

SEPTEMBER 14, 2015

Yes, entering your username and password every time you log in to a mobile banking app (or any app that involves payments) can be a hassle, however, if anyone gets their hands on your phone, they have total access. . The smarter option for managing multiple cards and logins is to use a mobile wallet like Apple Pay or Android Pay.

Mobile 40

Mobile Cards Apple Online 40

Banking 2020

JANUARY 28, 2016

It’s interesting to compare with Apple, which has a similar dominant presence and has used this to its advantage by answering specific consumer pain points with its services. Either way, it is a signal that even a company with the reach and scale of Amazon cannot always make the transition into payments easily. Omnichannel trouble.

Industry 40

Industry Payments System Online 40

Banking 2020

NOVEMBER 30, 2015

These range from small startups to established large enterprises such as Facebook and Apple that are looking to diversify their offerings. In the past five years, the number of FinTech companies and non-traditional payment providers looking to enter the sector has boomed.

Fintech 40

Fintech Innovation Industry Meeting 40

Banking 2020

FEBRUARY 10, 2015

In that sense Bitcoin is just another in a long line of outside forces threatening to undermine the foundations of the banking industry. We’re all aware of Facebook Credits , Apple Pay , EMV and countless other trends. Each has made an impact, and institutions have accommodated them, but none has completely replaced existing processes.

Bitcoin 40

Bitcoin New York Apple Operations 40

Banking 2020

OCTOBER 19, 2015

Nor is the genie going back in the bottle: New platforms will continue to be replaced by newer platforms, just as the number of apps—both the Apple and Android stores have over 1.5 If mobile banking came a shock, think what effect the Internet of Things might have. million already—will keep going up.

Video 40

Video Resources Apple Technology 40

Banking 2020

OCTOBER 15, 2015

Apple Pay was supposed to set the market on fire, but it just didn’t happen. There are times when a new technology capability drives significant behavioral changes, and others where an app or service is rushed out to meet market demand.

Mobile 40

Mobile Payments Samsung Google 40

Banking 2020

JANUARY 25, 2016

Apple Pay, enabled through the TouchID fingerprint scanner, is one of the most widely used versions. Brainpower alone could be the ultimate end for biometric payments, with researchers looking into how we can authorise transactions with nothing more than thoughts. Brain versus brawn.

Security 40

Security System Technology New York 40

Banking 2020

FEBRUARY 26, 2015

Therefore, the new technologies, such as Apple Pay, Google Wallet, HCE (Host Card Emulation), and Beacon, will attract an increased number of consumers, which in return, will start offering a variety of new applications like mobile loyalty, peer-to-peer payments, etc.

Payments 40

Payments Bitcoin Mobile System 40

American Banker

JUNE 9, 2020

Customers are turning to search engines and business portals to find out if their bank is open before checking the bank’s own website. Maintaining accurate information across the web has become even more important during the pandemic.

Google 61

Google Banking 2020 Apple Digital Banking 61

Banking 2020

AUGUST 19, 2015

Both Apple and Android have the same level of vulnerability when it comes to enterprise apps. But, you may be surprised to learn that some of what we believe to be true related to mobile security may only be part of the story. Hackers may use social engineering techniques to lure employees to a “pop up” app store.

Mobile 40

Mobile Security US Data 40

Banking 2020

DECEMBER 9, 2015

First, it’s important to note that there are many, many smartphone models available from companies not named Apple or even Samsung. And those brands don’t have to come from the phone manufacturer or carrier worlds.

Branding 40

Branding Samsung Technology Marketing 40

Banking 2020

NOVEMBER 12, 2015

Avivah Litan, the Gartner analyst, points out that “EMV tokens, as first implemented by Apple Pay and the payment card networks, are based on different protocols than the tokenization systems merchants use to limit the scope of PCI audits, leading to potentially conflicting token implementations”.

Samsung 40

Samsung Google Cards Security 40

Banking 2020

JANUARY 20, 2016

Companies have taken note of this trend; Apple Pay’s mobile wallet solution requires fingerprint authentication to pay within apps and Samsung is looking at implementing biometrics on their devices in an effort to “promote the payment platform without worrying about scaling security concerns”.

Mobile 40

Mobile Millennials Bitcoin Security 40