Tag: mobile

Uncategorized1 Comment

Active and Passive Banking as a way to filter your online banking & mobile services

Colin Henderson

One challenge that banks continue to fail at is mobile banking. Jim here coins the phrase ‘active banking’ to describe the gap that can be filled with mobile banking. Some have tinkered with active banking but most focus on mobile being a mini online banking (‘passive banking’). In these days of deliberating on cost cutting while simultaneously improving service to assure customer retention, this piece is worth the read, to form basis for analysis of your own strategies for active and passive banking. The Impact of Always-On Mobile Banking | netbanker But most users will want to be in active … Continue reading Active and Passive Banking as a way to filter your online banking & mobile services

Payments

Fiserv try to kick start mobile banking with Mobile Money FastTrack

Colin Henderson

Mobile still gets more attention from Vendors than it does from many banks and this continues to surprise me.  Certainly the large banks have uptake in their mobile offerrings, but it is not stellar growth.  Tower Group recently noted the economic crisis could change that. Meantime here is another excellent offerring from Fiserv that appears to be geared to help banks get over that hurdle by making the integration of mobile transactional banking and payments easier and faster to implement. Fiserv Brookfield Wis., June 1, 2009Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today introduced … Continue reading Fiserv try to kick start mobile banking with Mobile Money FastTrack

Payments

Mizuho Bank & NTT DoCoMo plan to launch a financial services and remittance service

Colin Henderson

Mobile payments continues to grow worldwide, yet limited in North America so far. Mizuho and NTT DoCoMo launch mobile payments service Mizuho Bank, in partnership with NTT DoCoMo plans to launch a financial services and remittance services via mobile phone ＮＴＴドコモがみずほ銀行と提携し、携帯電話を使った送金サービスなどの金融業務に乗り出す方針であることが２６日、わかった。 Researched by Nobuyo Henderson Continue reading Mizuho Bank & NTT DoCoMo plan to launch a financial services and remittance service

AI

Intuit releases their iPhone app – is yours coming soon?

Colin Henderson

Jim notes the release of the Intuit iPhone app.  Last week we had the Wesabe app released offerring a stronger product and better competition to Mint. In general it continually amazes be that banks are not leaping on this opportunity for a low cost, high visibility ad for their online services.  Which leads me to todays question de jour for bank executives: Have you tried an iphone? If not go to a store immediately and do so.  Whether you buy it or not, you will be left with the impression this is a game changing device, and remember the people … Continue reading Intuit releases their iPhone app – is yours coming soon?

AI

Monitise expands into the African growth mobile market

Colin Henderson

Monitise continues to grow, expanding into the African growth mobile market. Monitise joins battle for East African m-banking customers, gets US$1.5m funding | Finextra Monitise has been awarded US$1.5 million by the Africa Enterprise Challenge Fund (AECF) to help fund the launch of its mobile banking and payments service in East Africa. Monitise East Africa will initially offer services in Uganda and then plans to expand into neighbouring countries, including Burundi, Democratic Republic of Congo, Ethiopia, Kenya, Rwanda, Tanzania and Zambia. The service will enable the provision of banking, payment and money transfer services by both banks and mobile networks, … Continue reading Monitise expands into the African growth mobile market