Fifth Third Bank’s Touch ID integration comes in response to customer requests as the tech becomes more widely accepted thanks to how it makes users feel secure and brings added convenience.
Articles Tagged ‘mobile banking’
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.
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.
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.
Chase plans to bring its newly introduced Chase Pay mobile payments solution to gas stations and convenience stores in an attempt to corner a sector known for the kind of everyday purchases that fit well with mobile.
As conducting financial tasks on smartphones gains widespread adoption, consumers are increasingly using mobile banking applications, with 86 percent believing they are easy to use, according to a new report from IBM.
Banking from a smartphone has now become accepted on a global scale, with one in five adults worldwide leveraging mobile finance services, according to a new report from Juniper Research.
While a plethora of financial institutions continue rolling out mobile-friendly tools for on-the-go customers, a recent study from Amdocs discovered that more than 68 percent of respondents are not using mobile financial services, suggesting fundamental issues such as security concerns and lack of awareness still abound.
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.