Visa strengthens mcommerce reach via suite of mobile services
February 10, 2012Visa Inc. has rolled out a suite of new mobile services that lets financial institutions offer their account holders the ability to monitor account history and balances.
Visa Inc. has rolled out a suite of new mobile services that lets financial institutions offer their account holders the ability to monitor account history and balances.
Fueled by large financial institutions, mobile banking grew 63 percent from 2010 to 2011 and reached 22 million new consumers in 2011, according to a study from Javelin Strategy and Research.
The use of mobile banking apps is growing quickly as consumers look for ways to easily access their financial information while on the go, according to a new report from comScore.
Mobile banking is expected to continue to rise by 2013 with a half billion consumers using the services, according to a study from Juniper Research.
Can mobile business models and banking solutions from Africa be transported to main street North America, where there are approximately 60 million people unbanked or under-banked?
Mobile banking will continue to grow next year across multiple fronts. Not only will more banks jump into mobile with optimized sites and applications, but financial institutions will also build on their existing mobile programs with a variety of new services.
Charles Schwab is letting clients execute trades, check balances and transfer funds via a new iPad application.
Looking to make up the revenues lost as a result of new consumer protection rules put into place this fall, banks are reportedly considering a host of new fees, including ones for mobile banking services.
Financial institution First Hawaiian Bank is rolling out a mobile set of tools aimed at capturing as many mobile users as possible.
Convenience store chain 7-Eleven is part of the network for a new mobile banking service that lets users transfer money between mobile phones using SMS.