After a successful pilot period, two Texas banks have launched First Data’s Mobile Manager mobile banking service to offer customers greater flexibility and on-the-go access to their financial information.

AT&T and Verizon’s potential partnership for a mobile payments service is an opportunity to expand mobile commerce.

First Data will deliver mobile payments via a MicroSD-based technology that turns phones into contactless payment devices.

Contactless mobile payments mean a faster checkout resulting in more revenue from increased throughput and the loyalty of customers who prefer contactless to make purchases.