By Michael Connor, Managing Principal I was at an industry conference recently that focused entirely on mobile wallets, listening to presenters from various industries talk about the future of mobile wallets. One thing is for sure: Nobody has any idea how and even if a mobile wallet will ever become widely used. Banks are...
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Posts Tagged ‘ mobile ’
Why are we racing to build mobile wallets?
Technology Implementations Change, But APM Always Matters
Although the core problems enterprise companies face haven’t changed, modern applications and complexities in the IT infrastructure mean they require different technical solutions and data gathering approaches. Armed with this understanding you'll be in a better position to decide what you require.
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Bank of America’s Mobile Logins Now Outnumber Online Logins
See update here. Bank of America Corp.‘s customers are “now” logging in to the bank’s mobile platform in greater numbers than to its online platform. That monumental development was disclosed yesterday by Marc Warshawsky, the bank’s senior vice president, mobile solutions executive, at the NetFinance conference, although Warshawsky offered scant details on the frame of...
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A Survival Manual for Banks: The Bank Innovation Book Review of Brett King’s ‘Bank 3.0′
Brett King’s new book Bank 3.0 might be encapsulated in four words. Banks: Change or Die. Brett King has been beating the drum for change for years and in the past few weeks he’s offered bankers extra encouragement: His long-awaited mobile banking product Moven just opened its virtual doors to the public. That most of...
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Aligning Payment Processing Services and Customer Experience
Retail Systems Research (RSR) released a Fast Fact titled, “Retail Payments and the Customer Experience: Waiting for Processors”. It was taken from RSR’s first benchmark report on the retail payments process, released in March 2013.
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[UPDATED] Fiserv Tops 1 Million Mobile Deposit Capture Users, 7 Million Mobile Users
![[UPDATED] Fiserv Tops 1 Million Mobile Deposit Capture Users, 7 Million Mobile Users](http://bankinnovation.net/wp-content/uploads/2013/04/up_and_up_graph.jpg)
Fiserv has more than one million users of mobile remote deposit capture on its platform, Bank Innvoation has learned. There are 7 million users on its Mobiliti mobile banking platform. The Brookfield, Wis.-based provider of financial services technology recently announced a solution to fund reloadable prepaid cards using remote deposit capture of checks, according...
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Best Practices for Monitoring Multi-channel Banking Environments
Integrated, multi-channel retail banking is a reality – presenting increasing operational risk…and endless revenue opportunity for those retail financial institutions that are “ready”.
Key recommendations included:
* Adopt real-time transaction monitoring
* Monitor every transaction coming to and from your core banking system
* Use transaction-based monitoring and analytics to track the performance of external and...
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A New Bluebird Soars
Bluebird flew (sorry about that) onto the scene in early October 2012 and set the industry atwitter about the strength of prepaid as a checking account alternative. A partnership between odd couple American Express and Walmart, Bluebird put prepaid competitors in the cross hairs while simultaneously legitimizing the space in the eyes of observers....
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Chase Bets on Mobile — and Branches
The conventional wisdom today is that mobile banking will trump — or even perhaps is already trumping — all other banking channels. Especially branch banking. But at JPMorgan Chase both are being given equal weight in its strategic plans. Further, data supports JPM’s approach. Chase’s digital strategy is having a profound effect on the...
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PayPal at the Pump [VIDEO]
Gas up with PayPal! The popular payments platform is now available at the gas station. Simply scan a QR code with your mobile device or enter a unique ID for the pump, and you’re ready to fill up and be on your way. PayPal is increasing its presence at point-of-sale, recently inking a deal with ATM maker NCR.
See PayPal GM of financial innovation Dan Schatt at Bank Innovation 2013. Get your invitation here.
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