Mobile Banking

What is your institution doing in regards to remote deposit? Are you focusing on mobile banking? Clearly, this presents a huge opportunity in the near future for financial institutions.

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I was tipped off on this article by Paul Jonas regarding a recent survey of community banks indicating that mobile banking remains a top priority over the next 18 months.
The articled featured an interesting set of data that is surprising and encouraging:
Eighty-nine percent of the community bankers polled in a nationwide survey said they are [...]

Via American Banker

Not much surprise on the mobile performance indicies. Would assume Wells Fargo to improve as time goes on, but the major players are there.

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MasterCard’s ‘ATM Hunter’ application has been getting mixed reviews in Apple’s iTunes store, according to a recent article on American Banker. With Monday’s release of the Blackberry application, MasterCard officials are quickly to comment on “significant pick up in downloads.”
Not everything is as rosy as MasterCard claims though, as the iPhone application – which has [...]

Security is a major issue with online and mobile banking. But should we be surprised that making mobile more secure means requiring less information?
USAA, already known as a leader in the social space, is taking mobile banking to another level by introducing a technology that allows its systems to recognize individual mobile phones. The technology, [...]

VeriFone announced today that it has developed a mobile payment card reader designed specifically for the iPhone.
Initially, the card reader will be shipped to current VeriFone merchants in January, and will also sell the service directly and through third-party organizations. Independent sellers and acquirers will have their own pricing.
Two weeks ago, Twitter’s Jack Dorsey announced [...]

Wells Fargo has released its CEO MobileSM iPhone application, allowing corporate and business customers to get free alerts of pending transactions, as well as being able to connect them to their online commercial banking portal.
The CEO Mobile application allows access to Well’s Commercial Electronic Office (CEO) portal services, in which users can monitor balances, approve [...]