Banks and financial services

Mount Holyoke College is piloting a new mobile payments app that enables students to pay for purchases around campus.

Bank of America is introducing a number of new mobile capabilities to meet the investment needs of Merrill Edge customers.

More advanced mobile banking functionalities such as bill payment are driving momentum in the adoption of transactional mobile banking services, according to a new report from Juniper Research.

Citi and MasterCard are encouraging consumers to make the mobile device their new wallet through an advertising campaign that educates them about Google Wallet.

Although mobile banking continues to gain traction with consumers, a large chunk of the world’s top banks have not equipped their applications with substantial security, according to a report from MyPrivateBanking.

Registration is open for the Mcommerce Summit: State of Mobile Commerce 2012 conference Thursday, May 3 with speakers from Citi, Zappos, Travelocity, 7-Eleven licensee Alon Brands and mall giant General Growth Properties. Must-attend New York event for retailers and marketers.

Registration is open for the Mcommerce Summit: State of Mobile Commerce 2012 conference Thursday, May 3 with speakers from Citi, Zappos, Travelocity, 7-Eleven licensee Alon Brands and mall giant General Growth Properties. Must-attend New York event for retailers and marketers.

Green Dot Corp., which sells prepaid debit cards through retailers such as Walmart and Kmart, has acquired check-in application Loopt for $43.4 million as it looks to build a mobile payments offering.

Citi is expanding its mobile repertoire with the launch of a Kindle Fire application that lets consumers track, analyze and plan their finances.

Financial institution JPMorgan Chase is top dog when it comes to mobile banking with a strategy that includes applications, a mobile Web site and a SMS program, according to a new study from Keynote Systems.