Mobile adoption jumps at Citi

Bank Innovation

Citibank is reporting strong mobile user growth. In a second-quarter earnings call today, the bank reported active mobile users grew 12 percent year-over-year for North America customers (11.4 Carousel Customer Experience Retail Banking Citi Mobile banking online banking

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Mobile adoption jumps at Citi

Bank Innovation

Citibank is reporting strong mobile user growth. In a second-quarter earnings call today, the bank reported active mobile users grew 12 percent year-over-year for North America customers (11.4 Exclusive Retail Banking Citi Mobile banking online banking

Mobile 141

Mobile adoption jumps at Citi

Bank Innovation

Citibank is reporting strong mobile user growth. In a second-quarter earnings call today, the bank reported active mobile users grew 12 percent year-over-year for North America customers (11.4 Exclusive Retail Banking Citi Mobile banking online banking

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Acceptability = Mobility

Perficient Financial Servies

In today’s fast-paced world of data if you aren’t mobile on day one you’re already behind. I’m still amazed at companies that are spending time and money into building BI solutions that aren’t ready to be consumed by mobile devices on day 1. Be Mobile From Day 1. Out of Touch?

Digital Banking, Millennially Mobile

PYMNTS

Data: 31 percent: Share of consumers who use mobile banking apps more often than other apps. 72 percent: Share of bridge millennials who think mobile apps are important for accessing bank accounts. Today In Data banking apps Digital Banking Millennials mobile banking News Today in Dat

T-Mobile Takes On Banks With Mobile-First Checking Account

PYMNTS

Wireless carrier T-Mobile is getting into the banking market, announcing Thursday (April 18) the launch of T-Mobile MONEY nationwide, a no-fee, interest-earning, mobile-first checking account that anyone can open and manage from their smartphone.

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Mobile Order-Ahead Goes Mainstream

PYMNTS

Mobile food ordering has quickly gone from niche activity to mainstream. Between 2016 and 2018, the volume of orders placed through mobile apps grew by 130 percent, according to PYMNTS’ Mobile Order-Ahead Tracker. Mobile order-ahead apps have lower adoption among smaller QSRs.

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Mobile-First Checking Account T-Mobile Money Goes Nationwide

Bank Innovation

T-Mobile Money, a mobile-first checking account, has launched nationwide, the telecom giant announced today. Payments Premium Retail Security & Risk Apple Pay BankMobile Customers Bank Mastercard Mobile banking P2P T-Mobile

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers.

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Study Reveals Consumers’ Mobile Shopping Behaviors

PYMNTS

Consumer dependence on smartphones is often derided as a distraction, but they have also become a vital mobile shopping and buying tool – whether in-store or from a living room sofa. Consumers shop everywhere at anytime, and no two mobile users have the same behavior.

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Study finds mobile surpasses PC enrollments

Bank Innovation

Mobile enrollments made some major leaps this year, surpassing even computer enrollments. Premium BBVA Compass Chime enrollment IDology mobile application Mobile banking

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African Mobile Payments Startup OPay Raises $50M

PYMNTS

Norwegian browser company Opera , the founder of OPay, also contributed its own investment in the mobile payments startup with hopes of growing the company into a leader in mobile payments. OPay was founded in 2018 and serves as a mobile platform for sending and receiving payments.

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The Mobile Wallet Hierarchy of Needs

Bank Innovation

He was talking about it in the context of “platformification,” but it got me to thinking about how we might leverage a similar analogy in discussing mobile wallets.

Mobile 260

Alipay partners with six mobile wallets for Europeans

Chris Skinner

I talk about what Alibaba, Ant Financial and Alipay is doing in every presentation, blog about them a lot and am thoroughly enraptured … The post Alipay partners with six mobile wallets for Europeans appeared first on Chris Skinner's blog.

Mobile 315

T-Mobile Enters Mobile Point Of Sale Market

PYMNTS

T-Mobile announced Wednesday (March 27) a new program geared toward businesses, removing some of the fees charged by other mobile point of sale providers. T-Mobile is on a mission to eliminate pain points for consumers and businesses alike.

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In 2019, Mobilize The Commercial Card: JPMorgan

PYMNTS

Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. Some financial institutions, including Bank of America and UMB Bank, have also invested in mobile B2B payments.

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How B.GOOD Got Good At Mobile Ordering

PYMNTS

Mobile order-ahead apps have skyrocketed in popularity, with more than 60 percent of all digital restaurant orders placed on a mobile device. Developments from Around the Mobile Order-Ahead World. Mobile order-ahead has also expanded into previously untapped fields.

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1 in 4 Consumers Bank Mobile-Only

Bank Innovation

The popularity of mobile is on an upswing—so much so, in fact, that many banking clients now choose to do the entirety of their banking through their mobile device. DataBank Databank Mobile Online Mobile banking mobile-only banking Monkey Insights online banking

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Acceptability Equals Mobility

Perficient Financial Servies

In today’s fast-paced world of data if you aren’t mobile on day one you’re already behind. I’m still amazed at companies that are spending time and money into building BI solutions that aren’t ready to be consumed by mobile devices on day 1. Be Mobile From Day 1. Out of Touch?

Report: Minding The Mobile Card Services Interest Vs Usage Gap

PYMNTS

This is just one the many useful functions of Mobile Card Services (MCS) — the Swiss Army knife of card management. In the “ Mobile Card Services Playbook: Driving MCS Usage Edition ,” PYMNTS surveyed 9,500 U.S.

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Why Legacy Banks Have Mobile App Advantages

PYMNTS

Maybe it’s the reputation of a brand that lowers the mental resistance to inputting payment and personal details on a mobile device to complete a transaction. Consumers, too, play a role in the wider mobile banking security picture.

Mobile 245

Deep Dive: How Fraud Runs Rampant In Mobile Ordering

PYMNTS

Mobile order-ahead apps are growing more popular by the day, and restaurants are clamoring to get on board. It’s open season for hacks on mobile order-ahead apps as data breaches continue to make headlines regularly and cybercriminals purchase stolen identities on darknet marketplaces.

Fraud 238

Amaiz Debuts Mobile Banking App For Startups

PYMNTS

FinTech Amaiz is rolling out a mobile business banking app for entrepreneurs, announced in a blog post this week. While B2B FinTech designed for small businesses (SMBs) has taken off in recent years, mobile-first products remain relatively rare.

Mobile 184

JPMorgan Chase Keeps Lead in Mobile Banking

Bank Innovation

consumer banks in terms of mobile banking use, fourth quarter earnings released this week show. The bank has counted the most active mobile users of the big four U.S. JPMorgan Chase & Co. remains the clear leader among the largest U.S.

Mobile 141

Paving Mobile Banking’s Path To Success

PYMNTS

Jim Priestley, chief revenue officer at Feedzai , pointed out that mobile banking has changed in the past five years — and as mobile banking efforts change, so, too, must the ways banks approach account openings. The old adage is that a journey of 1,000 miles begins with a first step.

Mobile 250

Restaurants That Aren’t Ready For A Mobile Future Risk Losing Out

PYMNTS

Mobile food ordering moved from niche to mainstream in just a few years. According to the new Mobile Order-Ahead Tracker , the volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018.

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Mobile Ready

Independent Banker

Some customers look for push technology that enables them to receive alerts and certain other notices even if their mobile banking app isn’t open, O’Brien says. While many community banks offer mobile remote check deposit service for free, U.S.

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BBVA Mobile Customers Pass 15M

Bank Innovation

Spanish bank BBVA now has over 15 million mobile active users, a growth rate of over 40% within the past year as the bank adds more services to mobile. This MAU growth comes as more and more consumers have begun adopting mobile banking as the norm.

Mobile 151

Boost Mobile Notifies Customers Of Hacking Attack

PYMNTS

Boost Mobile, a network owned by Sprint, has notified customers of a hacker attack that accessed an unknown number of accounts, according to a report. Please contact Boost Mobile Customer Care at 1-866-402-7366 if you have any questions or concerns regarding this matter,” the company said.

Mobile 199

Blockchain 101: Mobile payments

Mobile Payments Today

Let's take a look at the what blockchain is, and how it can help transform the mobile payments industry

Food For Thought With Mobile Order-Ahead

PYMNTS

Mastication’s gone mobile, with bits and bytes taking their place alongside actual bites. As shown in the latest Mobile Order-Ahead Tracker , a collaboration between PYMNTS and Kount , the numbers are big and getting bigger, measured in the billions of dollars and millions of app downloads.

Mobile 139

N26 Rolls Out US Mobile Banking

PYMNTS

subsidiary of N26 GmbH, which was described in an announcement as one of the fastest growing mobile banks in Europe. Its mobile app and debit card come with many features that the company says “empower customers to take control of their finances.”

US 158

The role of mobile smartphones in identity verification

Mobile Payments Today

Mobile identity is becoming a more complex undertaking as fraudsters use evolving tactics to compromise smartphone security

Mobile 244

Cybersecurity Co Kaspersky Lab Details Malware Aimed At Mobile Banking

PYMNTS

Mobile banking Trojans are one of the most rapidly-developing, flexible and dangerous types of malware. They usually steal funds directly from mobile users’ bank accounts, but sometimes their purpose is changed to steal other kinds of credentials,” the company said.

Mobile 259

Nearly One-Third of all Starbucks Payments Are Mobile

Bank Innovation

What makes the Starbucks mobile wallet such a popular option when it comes to paying for that morning coffee? Mobile payment at the coffee company’s U.S. Meanwhile, Starbucks Mobile […].

Mobile 222

Wirecard Launches Mobile Payment App

PYMNTS

Payment company Wirecard is introducing a new service called boon Planet, a mobile payment app, the company said in a release. In future, value-added services such as innovative loyalty solutions and other digital financial services such as mobile insurance will be added,” the company said.

Mobile 139

Chase On Gen Z, Mobile Banking — 10 Years In

PYMNTS

With more consumers than ever interested in fulfilling all their financial needs on mobile, both legacy banks and FinTech firms are focusing on creating digital-only banking services, designed to catch and keep customers using their smartphones to bank.

Mobile 239

Biometric Features Can Drive Mobile Payment Adoption

Bank Innovation

Privacy and fraud are still a concern among consumers when it comes to mobile payments. A study conducted by Oxford Economics found that among consumers globally, 70% fear hackers could steal their personal information when they use a mobile wallet, and 67% worry […].

Mobile 223

Mobile Ordering Startup Fights Food Waste And Fraudsters

PYMNTS

Dining out can be a jarring experience for customers used to the speed and convenience of mobile ordering. Increasingly, sit-down restaurants are looking to serve diners on a tight schedule by introducing mobile order- and pay-ahead services. Around The Mobile Order-Ahead World.

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Paytm Launches New Mobile Banking App

PYMNTS

Paytm, the India-based eCommerce and digital wallet company, has announced a new mobile banking app called Payments Bank, according to reports. Digital Banking banking app financial services india mobile app News Paytm What's Hot

Mobile 248

Chase, Citi Take Rewards War to Mobile with PayPal

Bank Innovation

Banks are taking the battle for millennial customers where it belongs: mobile. These new mobile capabilities also […]. Cards Exclusive Mobile Payments Retail chase bank Chase Pay Citi Pay Citibank JP Morgan Chase Mobile Payments mobile wallets PayPal

Mobile 213

Growing Debit Card Use Crushes Mobile Wallets

Bank Innovation

Mobile wallets may be all the buzz, but debit cards were still the most popular of payment method in the U.S. Cards Commerce DataBank Mobile Payments Retail Apple Pay Debit Card mobile wallet Pulse

Cards 209

More People Use Banking Apps Than Photo Apps on Mobile

Bank Innovation

DataBank Databank Mobile mobile Mobile banking Social MediaTurns out, banking apps are higher up in consumers’ smartphones than photo or video apps. A study by Forrester Research, released this week, indicates that 32% of U.S.

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