News about Mobile banking.
April 10th, 2015
Barclays has unveiled an Apple Watch app which will let customers check their current account balance when the watch goes on sale in the UK on April 24. Customers will be able to check the balance of up to five accounts linked to the Barclays Mobile Banking app, which the user can swipe through to view. “The extension of our popular mobile app on Apple Watch will allow customers to keep track of their money wherever they are,” said Matt Hammerstein, head of customer and client experience at Barclays.
March 26th, 2015
ANZ Bank New Zealand is to add NFC mobile payments to its popular goMoney mobile banking app later this year. The goMoney Wallet feature will be available to 120,000 customers with Android NFC phones and…
March 9th, 2015
Visa is to launch NFC payments services based on host card emulation with “several leading financial institutions around the world” in the coming months, with BBVA and Cuscal already live. Others coming soon include Banco…
March 6th, 2015
Spain’s CaixaBank has launched an app which allows customers to use voice commands to perform simple online banking operations, opening the way for drivers to check balances and initiate transfers as they travel. The Android…
March 2nd, 2015
ZTE‘s latest Android smartphone will let owners unlock it by scanning their retinas with a built-in biometric solution from EyeVerify. Today the Eyeprint ID solution is only a device unlocking mechanism but it could soon…
March 2nd, 2015
PARTNER NEWS: Chip maker NXP has produced a new tool to help developers quickly build apps that utilise the embedded secure element in the company’s PN66T NFC module. The Secure Service Development Platform (SSDP) allows…
March 2nd, 2015
Korean financial institutions are to offer streamlined NFC authentication for mobile banking transactions starting from as soon as the first half of 2015, according to local media reports. Bank customers currently use dedicated passcode generator devices…
February 20th, 2015
There are signs that global bank HSBC could be preparing to roll out host card emulation (HCE) based NFC payments on Android devices in the UK, after an NFC World reader spotted that the HSBC…
February 19th, 2015
Lloyds Bank is to start sending push notifications about special deals with selected retailers to customers’ smartwatches and smartphones. The launch of push notifications for the UK bank’s Everyday Offers service – which allows customers…
February 17th, 2015
2,500 US banks and credit unions will soon be able to add an “additional potential revenue source” by sending out branded, local offers to users of their mobile banking apps. The move follows a deal…
February 13th, 2015
Visa has launched Visa Mobile Location Confirmation, a service that works through a participating bank’s mobile banking app to determine whether a payment request is legitimate or not by matching a phone’s location to the location of a payment transaction. The technology used in the service has been developed by Finsphere and takes less than a millisecond to perform the matching process.
January 28th, 2015
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced. “iPhone…
January 23rd, 2015
Descartes Biometrics has unveiled Helix, an ear detection and recognition technology that uses a smartphone owner’s unique ear features to lock and unlock their mobile device. “Helix does not require any additional hardware and is capable of processing any qualifying image containing an ear,” the company says. “Possible applications include banking, travel, medical and personnel attendance solutions, as well as application, device and building security.”
January 16th, 2015
Nearly 800,000 Bank of America customers have now enrolled to use Apple Pay and have added about 1.1m cards, the bank has revealed. The number of customers using mobile banking in Q4 2014 was up 15% from a year ago to 16.5m, the bank also says, and 12% of deposit transactions were done through mobile compared to 9% in 2013.
January 12th, 2015
Wintrust Financial is updating its fleet of 190 ATMs in Chicago to enable its mobile banking customers to withdraw cash by requesting money on their smartphone then scanning an on-screen QR code when they get to the ATM.
January 12th, 2015
The key to mass market adoption of mobile payments will be the creation of a compelling consumer experience that incorporates both payments and value added services, the Future of Mobile Payments session at the International CES 2015, chaired by NFC World’s Sarah Clark, has found.
January 7th, 2015
Nine Polish banks are to launch host card emulation (HCE) based mobile payments services using Visa’s cloud-based payment specifications “from early this year,” allowing their customers to make contactless payments using NFC-enabled Android smartphones. Taking part…
December 9th, 2014
The UAE Banks Federation has announced the completion of the pre-implementation phase of a project to develop a mobile wallet platform that all its 51 member banks will be able to use to offer P2P, mobile payments and loyalty programs to their customers. “Participating banks will have the choice to link with this application or integrate the system with their own internet and mobile banking platforms,” the federation says.
December 8th, 2014
Customers of nine banks representing 80% of the Belgian market can now make use of Sixdots, a mobile wallet service that uses a combination of QR codes and a six-digit PIN to make payments in…
December 2nd, 2014
Toronto-Dominion Bank is expected to announce a partnership with New York based banking app maker Moven to help its customers use their smartphones to keep track of every purchase they make, The Globe and Mail reports. “Moven’s app works in much the same way as health-tracking apps,” the article explains. “The service allows users to make purchases using their smartphones as mobile wallets, but also keeps track of every purchase. The result is an instant analysis of the user’s financial health.”