Banking 2020

APRIL 17, 2015

Articles via Buzzfeed, The New York Times, Banking Exchange and The Financial Brand. 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

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

OCTOBER 28, 2014

That’s why the annual study tracking Google search trends in the banking industry, as seen in the Financial Brand , typically makes for interesting reading. Of course, the betting now is that Apple Pay, which is only just hitting the market, will play exactly this role. The newest one is no exception.

Google 86

Google ATM Trends Study 86

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

OCTOBER 19, 2015

“What does the bank of the future really look like when it is sitting on a legacy system?” ” That question made perfect sense back in the mid-’90s, when the Internet was brand new. If mobile banking came a shock, think what effect the Internet of Things might have. Everything seemed like legacy back then.

Video 40

Video Resources Apple Technology 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

Banking 2020

AUGUST 19, 2015

Both Apple and Android have the same level of vulnerability when it comes to enterprise apps. Brand recognition is usually a good indicator, but accessing big brand names may run counter to default protections. Hackers may use social engineering techniques to lure employees to a “pop up” app store. Big Names Are Safer.

Mobile 40

Mobile Security US Data 40

Banking 2020

DECEMBER 9, 2015

Actually, it’s licensing the brand to a Chinese manufacturer named Koobee. The phone is now such an extension of each individual’s personality, the most personal of personal computers, that having a brand association with it that goes beyond the manufacturer or carrier is a potentially huge advantage.

Branding 40

Branding Samsung Technology Marketing 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