Banks and financial services

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Apple Pay accounts for nearly 80pc of Panera Bread’s mobile transactions

January 29, 2015

The momentum behind Apple Pay continues to build, with 750 banks and credit unions having already signed on and the service now being integrated into 200,000 vending machines, laundry machines and parking meters.

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Phablet usage for mobile banking set to grow by 100pc: report

January 28, 2015

As mobile screen sizes continue to proliferate and consumers conduct more financial activities on these devices, phablets are becoming popular for banking, with use expected to grow by more than 100 percent, according to a new report from Carlisle & Gallagher Consulting Group.

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Chase Bank axes Windows app to focus on bigger excursions

January 23, 2015

Chase recently said that its Windows mobile application will no longer be available by the end of March, but that customers using Windows smartphones can still access their accounts via their mobile browser.

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Webster Bank ramps up mobile banking app security with Touch ID

January 22, 2015

Webster Bank is one of the first United States-based banks to leverage Apple’s Touch ID feature into its mobile banking application as it aims to drive user adoption with streamlined security features, proving that the appeal of fingerprint identification is growing.

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Will Softcard deal be enough to save Google Wallet?

January 21, 2015

While Apple Pay has quickly become the mobile payments platform to beat on iOS, the ongoing leadership void for Android users could be solved by Google’s reported interest in acquiring Softcard.

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TD Bank promotes online banking via new tablet app

December 22, 2014

TD Bank is rolling out its first mobile application for tablets to reach a wider target audience of consumers looking to conduct online banking on personal devices.

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Mobile NFC payments to exceed $130B by 2020: report

December 19, 2014

A recent study conducted by Strategy Analytics revealed that payments made with near field communications-enabled mobile handsets are set to exceed $130 billion of consumer retail around the world by 2020.

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Apple Pay’s growth increases pressure on retailers to jump on board

December 17, 2014

Apple Pay continues to add more partners, including a number of new banks, which will drive perceived value for consumers and encourage more banks as well as retailers to jump on board.

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US Bank predicts beacon-enabled personalized banking surge in 2015

December 16, 2014

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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Citibank bumps up mobile banking strategy with its top innovator

December 8, 2014

Citibank is advancing its mobile banking strategy through mobile engagement platform SpyderLynk, which was selected as a winner for the Citi Mobile Challenge 2014 and was deemed the Most Innovative Solution for Small Business for its concept CitiWallet for Small Business.

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