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American Express exec: Serve’s prepaid users over-index on some mobile app features

January 21, 2016

NEW YORK – An American Express executive at Mobile Marketer’s Mobile FirstLook: Strategy 2016 discussed several challenges and benefits from building mobile solutions for unbanked and underbanked consumers, including millennials.

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Tangerine unpeels secure chat for convenient banking transactions

January 8, 2016

Direct bank Tangerine claims to be the first in Canada to offer a new secure chat feature, enabling customers to conduct banking transactions via chat in real time.

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Biometrics to support 50pc of mobile transactions in 2016: report

December 16, 2015

With biometrics gaining acceptance by consumers and working well for financial institutions, a range of technologies – fingerprint identification as well as facial and voice recognition – will become the norm in 2016, according to a new forecast released today by Mitek Systems.

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Visa introduces token service to top off mcommerce’s fruitful year

December 15, 2015

Visa is collaborating with United Overseas Bank to roll out its first tokenization service in Asia Pacific, underscoring the need for enhanced digital security as mobile payments cement their top status in the world of commerce.

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Millennials believe tech giants will replace traditional banks: report

November 30, 2015

A growing number of millennials believes that giants in the technology industry, such as Google and Apple, will one day overthrow traditional financial institutions’ stronghold on mobile banking thanks to their innovative approaches, according to a Fintonic report.

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BBVA Compass innovates bank mobile wallets with real-time rewards

November 17, 2015

BBVA Compass is leveraging interactive application notifications to enable instant rewards for credit card customers using its mobile wallet, which has more than 1 million downloads.

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Wells Fargo banks on mobile with 500M yearly text alerts

September 25, 2015

Wells Fargo & Co. is reaping the benefits from its mobile-first outlook by revealing that it has sent more than a half-billion SMS and email alerts to consumers’ smartphones, offering information on topics ranging from ATM withdrawals to bank account activity.

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BBVA Compass taps budgeting app to smooth way for prepaid card

September 23, 2015

BBVA Compass is attempting to differentiate its new prepaid card with a mobile application that automatically learns spending habits and suggests customized budgets.

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Citi helps shoppers manage holiday spending via Apple Watch

September 18, 2015

NEW YORK – A Citi executive at the Mobile Marketing Summit: Wearables and Holiday Focus 2015 explained how the bank is serving an easier way to manage holiday budgets by enabling shoppers to track spending in real-time from their wrists.

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Chase Freedom app provides redemption freedom at Target, Starbucks

September 10, 2015

The Chase Freedom credit card now allows cardholders to instantly redeem points at major retailers such as Target and Starbucks through a new mobile application, reflecting how rewards programs are being reimagined for the mobile space.

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