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