Links in “Mobile Banking”

ABA survey finds one in eight Americans depositing a check using mobile devices at least once within the past year, and 80% of those using mobile deposits at least monthly. [9/19/14]

Research indicates that 75% of mobile apps will fail basic security tests through 2015 and that the focus of breaches will move from desktops to smartphones and tablets by 2017. [9/17/14]

Apple has set itself up for success with its long-awaited entrance into the mobile payments field by making transactions secure, private and frictionless. Here's how. [9/15/14]

Cordray discusses the rising popularity of mobile banking and how to use technology to better serve consumers. [9/12/14]

An FDIC white paper points out that 90% of the underbanked and unbanked have a mobile phone and 71% have a smart phone. CUNA is urging the CFPB to minimize the regulatory burdens associated with offering mobile banking services so that credit unions and smaller institutions can pursue this avenue. [9/11/14]

Cybercriminals seek to jump onboard the smartphone bandwagon by introducing a skyrocketing number of new malware just for mobile phones. There were 2.5 million new mobile malware streams in 2013. That number is expected to climb to 5.4 million in 2014 and hit more than 50 million by 2017. [9/11/14]

The flexibility and convenience of remote deposit capture makes it a tempting target for fraudsters. Here's some guidance on what you can do to prepare for your next RDC audit. [8/26/14]

Several recent studies seem to indicate that mobile banking use may have plateaued. The primary reason cited by those who have not adopted mobile banking is concern over security. [8/25/14]

Are data breaches taking their toll on consumer confidence in online banking? ABA survey finds that while internet banking is still the most popular way to manage bank accounts, with 31% of surveyed customers naming it the method they use most often to manage their accounts, that number is down from 39% a year ago. Banking at branches at 21% and ATMs at 14% are both up from last year (18% and 11% respectively). [8/21/14]

More banks in Asian countries are switching to real-time core banking systems to accommodate young consumers on motorcycles who "want to be able to start a transaction while riding and finish it at an ATM." [8/8/14]