A new app was seen rocketing to the #1 Most Downloaded App spot earlier this week. Mysteriously called “Personal Banking,” the app turned out to be the recently launched mobile app from Sovereign Bank, the Boston-based Banco Santander subsidiary. This is Sovereign’s first mobile app. Sovereign is in the midst of a rebranding effort,...
Read More »
Developers have long used PayPal’s Mobile Payment Libraries to develop in-app mobile payment functionality. But yesterday PayPal quietly completed the rebranding and relaunch of Mobile Payment Libraries as Mobile SDK with the introduction of SDK for Android. (IOS Mobile SDK was introduced last March.) Mobile SDK, apparently, is expected to better sell PayPal as a...
Read More »
“The mobile phone is likely to be the basic bank account of the world by the next decade,” wrote Brett King in his new book, Bank 3.0. It appears that that transition will cost financial institutions less — to the chagrin of tech vendors. Sources tell Bank Innovation the price vendors of mobile banking platforms...
Read More »
Last October, Credit Agricole Group, the mega (but troubled) French bank, became what is thought to be the first traditional bank to release a public read/write API. So what has happened since the launch of the Credit Agricole Store? Did the bank lose customers? Did the API lessen the stickiness of its 33.5 million...
Read More »
Believe it or not, an astounding 19 percent of Americans over the age of 18 now own a tablet of some sort. This is double the number Forrester noted in 2011. It’s true that tech penetration is lower among adults over 47, but not by much. This demographic is now at 14 percent ownership, which...
Read More »
You bank with your smartphone or tablet. I bank with my smartphone and tablet. Everyone you know banks with her smartphone or tablet. Finally, one of the nation’s four major banks admits that mobile banking is changing the face of financial services. In last Friday’s earnings call, John Stumpf, chairman and CEO of Wells...
Read More »
My name is Abbey Smalley, and I’m a Lead User Experience and Visual Designer for Perficient’s XD team. I have had the opportunity to work with financial institutions on various projects. In my work, I find similar user experience needs often rise to the top. Whether you’ve decided it’s time to create a mobile...
Read More »
There’s a saying, “The weakness of an enemy forms part of our own strength.” Apparently, Capital One Financial Corp. is extremely familiar with that adage.
Below is a newly released YouTube clip from Bank of America Corp. featuring the bank’s new Windows 8 mobile app. And Cap One, seizing on the opportunity, has purchased ads for its Venture card that run before the Bank of America clip. (Those ads might not show when you view the video here on Bank Innovation, but just trust us on this one.)
If this isn’t a war of ad buys, we don’t know what is. The fact that YouTube allows for Capital One to one-up BofA by easily buying the ad that runs before the BofA ad just makes the war that much more brutal. Look, we’ve seen these types of strange bedfellows on YouTube before, but today, in 2012, how could BofA allow for this? Let’s just hope the CMO at BofA doesn’t see the video and ad — or this post, for that matter.
UPDATE, 1:18 p.m. ET
The video we originally posted was removed from YouTube when it “terminated” the account “due to multiple, third-party notifications of copyright infringement.” This only highlights the Wild, Wild West of it all (ht to The Financial Brand for the spot). We’ve reposted the video below from Bank of America’s official feed, so you can see the promo, albeit without the Capital One Venture Card ad proceeding it. And the games continue …
Not long ago we reported on Mitek’s Mobile Photo Bill Pay solution, which allows users to pay bills using their smartphone cameras. Malauzai, a provider of mobile banking applications to financial institutions, has put this solution into action as a feature call PicturePay on iOS and Android phones. Malauzai currently offers it to the more than 60...
Read More »
 |
 |
 |
 |
 |
