Banking 2020

JANUARY 30, 2015

Latest mobile-banking research shows laptops still reign: A recent survey of 1,000 American adults showed that Americans are still using their laptops to conduct simple banking transactions. Over three quarters of those surveyed responded that they anticipate using their laptop for banking activities in the next two years.

Apple 40

Apple Online Payments United States 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

DECEMBER 1, 2014

According to data recently released by mobile banking app developer Malauzai Software, that first figure of 2:29 minutes is how long an average mobile session lasted with a business banking user; the second refers to the average consumer transaction. About 60% of the consumers logging in did it via an Apple device.

Mobile 61

Mobile Resources Apple Data 61

Banking 2020

DECEMBER 1, 2014

According to data recently released by mobile banking app developer Malauzai Software, that first figure of 2:29 minutes is how long an average mobile session lasted with a business banking user; the second refers to the average consumer transaction. About 60% of the consumers logging in did it via an Apple device.

Mobile 58

Mobile Resources Apple Data 58

Banking 2020

SEPTEMBER 20, 2015

Articles via CBinsight, The Financial Brand, Banking Exchange. What’s fueling your mobile banking channel?: 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

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. ” A divergence in strategy. Challenges ahead?

Mobile 40

Mobile Payments Regional National 40

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. What have you been reading?

Customer Experience 40

Customer Experience Mobile New York Apple 40

Banking 2020

FEBRUARY 9, 2016

Mobile is no longer for a small slice of society; it’s redefining the way people live on a global scale. By 2020, this number will likely hit 6.1 In addition to the growing proliferation of mobile phones in society, the way we use them is evolving, too. Mobile creates a myriad of opportunities to revolutionize banking.

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. million in just one year.

Mobile 40

Mobile Apple Online Report 40

Banking 2020

SEPTEMBER 14, 2015

Mobile banking grows more ubiquitous every year. 52 percent of smartphone owners with a bank account use mobile banking, according to the Federal Reserve , and more than half of users log in at least 2 to 3 times a week. Mobile banking is convenient and makes it easy for people to stay on top of their finances.

Mobile 40

Mobile Cards Apple Online 40

Banking 2020

AUGUST 19, 2015

Three Common Misconceptions about Mobile Security. Studies show that a person has more anxiety about losing their mobile device than their purse or wallet. This anxiety even has a name – nomophobia, or “no mobile phone phobia.”. Nomophobia is the fear of being out of mobile phone contact, and in a sense it’s entirely reasonable.

Mobile 40

Mobile Security US Data 40

Banking 2020

OCTOBER 15, 2015

There was a time when the launch of a new mobile payment system from one of the world’s largest and most dynamic technology companies would have been a massive event. And that lack of excitement says more about the state of mobile payments than a hot new product might. Why isn’t everyone using mobile payments?

Mobile 40

Mobile Payments Samsung Google 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. Mobile Banking Divergence: Where True Adoption Begins – Bank Systems & Technology. – U.S.

Data 40

Data Apple Payments Mobile 40

Banking 2020

JANUARY 20, 2016

This affinity for technology has created a culture of convenience, so it’s no surprise that mobile payments are increasing in popularity. Millennials, in particular, are embracing mobile payments with open arms: 44% of Millennials would rather use their mobile phones than cash to pay for smaller ticket items.

Mobile 40

Mobile Millennials Bitcoin Security 40

Banking 2020

JANUARY 16, 2015

Articles via Banking Exchange, Mobile Payments Today, American Banker and Banking Exchange. How Apple killed the digital wallet : With the release of Apple Pay , the physical wallet still survives, but in the form of a mobile phone. The same logic question can be applied to loyalty and mobile payments.

Digital Banking 40

Digital Banking Apple Mobile Survey 40

Banking 2020

DECEMBER 15, 2014

The microprocessor conglomerate, which was arguably late to the party with mobile computing, has announced a series of initiatives designed not only to consolidate its own standing in this emerging discipline but jump-start other initiatives as well. And of course, there’s the elephant in the room: Apple Watch.

Technology 89

Technology Apple social media Mobile 89

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

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? What about HCE and tokenisation?

Security 40

Security Apple Mobile System 40

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 28, 2014

Could they be tied to internal initiatives, such as a successful ad campaign or the release of new services and mobile apps? But then, of course, we get to the mobile area, and that’s always grounds for significant changes. Oddly, searches for bank branches and ATMs haven’t receded.

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Google ATM Trends Study 86

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes.

Retail 40

Retail Trends Millennials Mobile 40

Banking 2020

AUGUST 27, 2015

Thus if banks are truly interested in using mobile phones as a primary form of authentication for ATMs, they will need to sell their customers on a better, more secure user experience. Another disadvantage of using mobile phones as a card replacement is the use of QR codes, instead of the more flexible NFC, HCE or Bluetooth standards.

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ATM User Experience Fraud UX 40

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. Visa recently launched a ‘connected car’ that is capable of making mobile and online purchases on the go. Samsung Pay for TV works in much the same way. Cars could also become payment devices.

Samsung 40

Samsung Payments Apple Cards 40

Banking 2020

JUNE 23, 2015

That core premise of mobile banking could get a big boost from the emerging wearable tech market in the next few years as more consumers embrace the convenience of at-a-glance notifications and actions. Leading the way currently are devices like the new Apple Watch, Motorola’s Moto 360, Samsung’s Gear line and the Pebble Watch.

Apple 40

Apple Management Mobile Video 40

Banking 2020

FEBRUARY 26, 2015

Contact-less technologies, mobile technologies and the mobile commerce market share will increase in 2015: The migration will also trigger the increase in mobile payments, since it is perceived as a “more secure way of payment” by many consumers. Voices bitcoin EMV mobile technologies payments'

Payments 40

Payments Bitcoin Mobile System 40

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. team behind the study: “It’s vital to protect consumers from fraudsters who have the know-how to develop mobile card readers with much greater reading distances than those used by retailers.”.

Payments 40

Payments Fraud Cards Retail 40

Banking 2020

OCTOBER 8, 2015

But could that be good news for other banking institutions as well? Counting everyone from Microsoft and Apple to Alibaba as customers, Goldman has cornered the biggest slice of this critical pie. The banking equivalent changes almost exclusively through consolidation. At the same time, the learning can go both ways.

social media 40

social media Apple Industry Technology 40

Banking 2020

NOVEMBER 12, 2015

Google and Samsung are two of the big name mobile wallet providers to join MasterCard’s new programme designed to speed up tokenization. The Digital Enablement Express scheme was launched in early September, with Capital One, Fifth Third Bank and KeyBank among the first issuers on board.

Samsung 40

Samsung Google Cards Security 40

Banking 2020

JANUARY 28, 2016

Indeed it’s not even the first for the firm – Amazon abandoned its own mobile wallet system only six months into beta testing. 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. Not the first.

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. The response banks need. 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

DECEMBER 9, 2015

If banks are already knee-deep in the technology business—think of all the mobile apps they develop and market, the ongoing initiatives to enhance their presence within social channels, the efforts to innovate with the networks infrastructure—what comes next?

Branding 40

Branding Samsung Technology Marketing 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.

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Video Resources Apple Technology 40