Links in “Mobile Banking”
- Are Customers Really Going Mobile?
Yep. Mobile banking logins exceeded online logins for the first time in late 2013. Here are the results of a survey of what those mobile customers are using their smart phones for. [8/7/14]
- Looking Closer at the 10% Mobile Deposit Fraud Rate Report
Digging a little deeper into the numbers behind the reports that "fully 10% of people who used their cell phone to deposit a check had it returned to the originating institution due to fraud" shows some noteworthy qualifiers to that claim. [8/6/14]
- Facial Verification Expected to Make Significant Impact by 2017
With a growing number of consumers who think and act in a "mobile-first" way, expect to see facial recognition technology a part of identity validation by 2017. [7/17/14]
- With Remote Deposit Capture Growing in Popularity, Can Fraudsters Be Far Behind?
Mobile apps that allow customers to deposit checks via their smart phones are a boon for both banks and their customers. But if history is any indicator, fraudsters will soon be seeking to take in a piece of that boon. How can financial institutions prepare? [7/14/14]
- US Mobile Banking Users Like to Be Connected
Almost one-third of US mobile banking users access their accounts at least once a day and four out of five access their accounts at least once each week according to a recent survey. 81% of users check their balances, 49% transfer funds and 48% reported using their mobile banking service to pay bills. [7/7/14]
- NCUA to Shed Some Light on Mobile Apps
The growing use of mobile applications and the rewards and risks associated with their usage will be discussed during a free webinar, âMobile Applications â The Next Stepâ hosted by the National Credit Union Administration on Wednesday, July 9, 2014, at 2 p.m. Eastern. [6/24/2014]
- Sprint’s Prepaid Mobile Phone Carrier Goes After the Unbanked
Boost Mobile, the prepaid mobile phone carrier owned by Sprint, is making a play to be the financial services providers of the unbanked. [6/24/14]
- How Safe Is Mobile Banking?
This is the question some are asking in light of the first major security threat that has target the mobile banking market. A new Russian malware called Svpeng targets certain mobile banking apps, locks the phone, and them demands money to unlock it. [6/17/14]
- CFPB Asks: What Are the Good, the Bad, and the Ugly Sides of Mobile Financial Services?
The CFPB seeks information about how consumers are using mobile financial services to access products and services, manage finances, and achieve their financial goals with a focus on economically vulnerable consumers. The 90-day comment period end on  September 10, 2014. [6/12/14]
- 63% of Young Gen Y Pays Bills Using Mobile Devices
Survey finds that 63% of the young generation Y group pays at least one monthly bill with a mobile device, compared to 16% of baby boomers. [5/29]