Exclusive

Google Wallet vs… Droid Wallet?

May 20, 2013
1
Google Wallet vs… Droid Wallet?

There is little doubt that Google Wallet adoption will spike following Google’s unveiling last week of the new Gmail payments function, which relies on Wallet. Despite this, a little-known (we might say mysterious) wallet seems to be enjoying far greater interest and appeal among Android users. If you haven’t heard of Droid Wallet, you are...
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Mobile Photo Bill Pay Adoption is High, But Transaction Values Are Not

May 20, 2013
1
Mobile Photo Bill Pay Adoption is High, But Transaction Values Are Not

Mobile photo bill pay is seeing faster adoption than traditional bill pay, and is also beating traditional bill pay in usage on the smartphone, according to data from the mobile software development company Malauzai. Robb Gaynor, chief product officer for Malauzai, told Bank Innovation that adoption of the company’s PicturePay product is already at 5%...
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VIDEO: BNP Paribas Introduces Its New Hello Bank With a ‘Surprise’ Symphony

May 17, 2013
0

BNP Paribas, the French bank which generated $12.9 billion of revenue last quarter, has launched the first “standalone, digital mobile bank” in Europe — and has done so with a rousing symphony. According to Finextra, a Hello Bank! account can be opened in just four steps from an Android or Apple smartphone, tablet and over...
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Security and Mobile Wallet Top of Mind At Finovate Spring 2013

May 16, 2013
0
Security and Mobile Wallet Top of Mind At Finovate Spring 2013

Authentication of users, particularly users of mobile banking, was top of mind at Finovate, as was mobile wallet. This is fitting, since a recent study showed security fears were the number one reason holding back mobile wallet adoption. None of the five Best of Show award winners were from these two prominent product categories....
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VIDEO: Google Enables the Sending of Money Using Gmail

May 16, 2013
2

Google stole a bit of the thunder from Finovate Spring 2013 when it announced yesterday — at its I/O event very close by in San Francisco — that it was enabling Gmail users to send money using just their email accounts. In the late 1990s a friend asked me, “Why can’t I just email...
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Finovate Day 2 Afternoon Recap and Ratings

May 15, 2013
1
Finovate Day 2 Afternoon Recap and Ratings

Finovate Day 2 Afternoon Recap, Reaction, and Ratings, from Bank Innovation Curaxian Curaxian is taking on ecommerce payment fraud. Curaxian analyzes payments data to cut down on manual review costs. Fighting fraud costs time, money and lost orders, so Curaxian is looking to automate it and stop fraud without stopping good orders. The fraud...
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Finovate Day 2 Morning Recap and Ratings

May 15, 2013
1
Finovate Day 2 Morning Recap and Ratings

We’re into Day 2 here at Finovate. Bank Innovation has been following the presentations and here’s our recap and ratings for your reading pleasure. SESSION 1 Finovera Finovera is a tool for simplifying and managing your financial life. Users can organize various accounts and pay bills without dealing with a stack of paper bills. It’s...
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Finovate Day 1 Afternoon Recap and Ratings

May 15, 2013
2
Finovate Day 1 Afternoon Recap and Ratings

Bank Innovation attended Finovate Spring 2013 in San Francisco and rated all the presenters. Here’s the second half of Day 1′s presenters. SESSION 3 Corduro Corduro introduced a cloud-based multichannel transaction engine called PayMobile. The mobile wallet solution works with cards but is designed for the smartphone. On the other end of the transaction,...
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Newswire

Mobile money platform migration

May 21, 2013
0

You’re looking for a new mobile money platform. How do you make a choice?


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Google I/O payment announcements: is a revolution with no insurgency possible?

May 20, 2013
0
Google I/O payment announcements: is a revolution with no insurgency possible?

Google’s megafest was happening last week, with big announcement for Hangout, Google +, Android and Search / Maps. Among these were a couple of announcements related to Payments (but no major push from Google since Wallet 2.0 last year  and no Google Card): - The headline-grabbing announcement – send money via email. Wow, dollar button...
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Taking the Leadership of Mobile Payments/Wallets

May 20, 2013
0
Taking the Leadership of Mobile Payments/Wallets

News
The mobile phone is the only device that bridges the online and offline shopping worlds. That’s why thousands of companies around the world—including some of the biggest technology companies—are investing substantial time and resources in the development of mobile money, mobile payments and mobile wallets.
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Necessity is mother of identity

May 20, 2013
0

It's time to re-examine the idea of a national entitlement "card" scheme for the UK.
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Necessity is the mother of identity

May 20, 2013
0

It's time to re-examine the idea of a national entitlement "card" scheme for the UK.
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Next Generation Wealth Management: Mobile Technology Enhances the Customer Experience

May 20, 2013
0

The wealth management industry is under transformation. In an effort to win back trust, attract new customers and retain existing
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ATM Cash-Outs: A Major Escalation

The two global ATM cash-out schemes that netted a cybercrime organization a whopping $45 million are a "game changer" for the security controls of all types of card management applications, says Portals and Rails. How should bankers and card management...
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Taking the Leadership of Mobile Payments/Wallets

Taking the Leadership of Mobile Payments/Wallets

News
The mobile phone is the only device that bridges the online and offline shopping worlds. That’s why thousands of companies around the world—including some of the biggest technology companies—are investing substantial time and resources in the development of mobile money, mobile payments and mobile wallets.

Mobile Money Industry Insights – May 17, 2013

Mobile Money Industry Insights – May 17, 2013

News and insights from this week in the Mobile Money industry, by Monitise Director of Market Intelligence, Andrew Griffin. STOCK MARKET We’re at the tail-end of quarterly reporting. Groupon beat expectations, though profitability almost halved. The company reported that 45% of transactions were via mobile. On the mobile operator side, Telefonica, which at 247...

The Customer Awareness and Education Disconnect

The Customer Awareness and Education Disconnect

After working with Financial Institutions (FIs) since June 2011 on compliance objectives of the FFIEC’s Supplement to Authentication Guidance, it has become clear that many FIs are still struggling with the best way to address the guidance in order to provide customer awareness and education.  There appears to be a gap between the FIs...

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