U.S. Bank, working with mobile capture software company Mitek, predicts that banks and financial institutions will see beacon usage take off in 2015, helping deliver more personalized experiences.
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FirstBank’s rollout of a person-to-person payments system in its mobile banking application will give customers an easy way to send and receive money through their mobile devices.
Financial corporation BB&T’s new mobile application CashManager OnLine for commercial and corporate clients will enable them to work outside their offices and lend more flexibility for managing accounts while on the go.
U.S. Bank saw a 50 percent jump in credit card application approvals for a test with the Minnesota Twins of a new mobile application that leverages the camera on an iPad to speed up the process.
Citibank is partnering with Yellow Pepper, a Latin American banking and mobile payment provider, to host the Citi Mobile Challenge U.S. 2014, a virtual challenge for developers seeking to transform the banking landscape.
Chase Card Services has launched a mobile rewards Web site that makes the rewards process for credit-card customers easier to access and understand while making it more personal.
Bank of America saw the number of customers banking on mobile in the second quarter jump 15 percent from a year ago, following the introduction of application features aimed at driving convenience for users.
GoBankingRates, a provider of consumer banking and personal-finance information and rates, is the latest member of the banking sector to launch a mobile-optimized version of its Web site for easier use.
NEW YORK – A BNY Mellon executive at the Mobile Marketing Association’s SM2 Innovation Summit introduced its new Sumday service that takes a non-traditional approach to investing and is geared toward millennials.
Mobile-first banking is quickly gaining steam as big names such as Citibank and now Walmart jump onboard with offerings that combine on-the-go technology with low fees to appeal to younger and lower-income consumers.