Mobile & online banking

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/Mobile & online banking

MobiClear signs TheCard to mobile phone verification system

Card security outfit MobiClear has signed business travel account firm TheCard Scandinavia to technology that enables customers to use mobile handsets to authorise transactions and "switch off" credit and debit cards.

/Mobile & online banking

Banco Sabadell launches 2D mobile advertising campaign

Spanish banking group Banco Sabadell has teamed with Telefonica to launch a marketing campaign that uses bi-dimensional code technology (2D code) to deliver promotional videos on customers' mobile handsets.

/Mobile & online banking

Western Union and Bharti Airtel to pilot mobile remittance system

Money transfer operator Western Union is teaming with Indian telco Bharti Airtel to develop a mobile international remittance system in India.

/Mobile & online banking

Bank of America clocks up 500,000 m-banking customers

Bank of America says it has signed 500,000 customers to its mobile banking system in the six months since the service was launched.

/Mobile & online banking

Barclaycard to launch public mobile payments trial

Barclaycard is to use the forthcoming pilot of the mobile Oyster transit scheme in London to launch a trial of mobile payments technology. The bank says it will credit 225 of the 500 phones to be used in the Oyster pilot with £200 worth of non-reloadable funds for making low value contactless payments at participating retailers.

/Mobile & online banking

Transport for London to trial mobile Oyster scheme

Transport for London (TfL) is teaming with handset manufacturer Nokia and phone network O2 to develop a scheme that will enable customers to pay for tube journeys using mobile handsets.

/Mobile & online banking

PayPal launches mobile checkout service in Australia

PayPal has released Mobile Checkout - which enables customers to pay for purchases using Web-enabled phones - to account holders in Australia.

/Mobile & online banking

RBS trials mobile debit payments technology

The Royal Bank of Scotland (RBS) is conducting trials of mobile contactless debit payments technology at its Edinburgh headquarters ahead of a public pilot next year.

/Mobile & online banking

DnB Nor, MasterCard and Telenor in mobile payments trial

Norwegian banking group DnB Nor is partnering with MasterCard and local telco Telenor to launch a public trial of near field communications (NFC)-based contactless mobile payments technology.

/Mobile & online banking

Visa and Monitise team on mobile pre-paid account service

Card payment network Visa is working with UK m-banking outfit Monitise to develop a mobile pre-paid account service for the European market.

/Mobile & online banking

KeyPoint CU introduces account access via Facebook

Silicon Valley-based KeyPoint Credit Union has teamed with mobile banking outfit MShift to develop an application that enables customers to access their Web accounts from within online social networking site Facebook.

/Mobile & online banking

Mobile banking start-up Firethorn acquired by Qualcomm

Firethorn, an Atlanta-based provider of mobile banking technology has agreed to be acquired by US wireless technology developer Qualcomm in a deal worth around $210 million.

/Mobile & online banking

Mobile operators to trial NFC payment services

The GSMA - an international trade group of mobile operators - says trials of NFC-based contactless mobile payment technology will be conducted by 12 telcos around the world over the next few months as a precursor to the launch of commercial services.

/Mobile & online banking

US m-banking numbers to soar - TowerGroup

The number of US customers using mobile banking services will accelerate over the next five years, rising from 1.1 million in 2007 to more than 40 million by 2012, according to forecasts from TowerGroup.

/Mobile & online banking

Vivotech ships NFC 'smart billboard' software

Silicon Valley-based contactless payments outfit Vivotech has launched a mobile marketing package that enables merchants to broadcast advertisements and promotions to consumers via 'smart posters' featuring NFC tags.

/Mobile & online banking

MasterCard to launch mobile phone payments in Japan

MasterCard says it is launching a near field communications (NFC)-enabled mobile payments platform in Japan that will enable Japanese consumers to use its 'tap and go' contactless PayPass technology around the world.

/Mobile & online banking

SMS banking passwords fail to stop hackers - research

The use of SMS authentication to access Web banking services fails to protect people from hackers and fraud, according to research conducted by The Queensland University of Technology (QUT) in Australia which found that human error remains one of the biggest risk factors.

/Mobile & online banking

RBC and Visa in m-payments pilot

Canadian banking group RBC is teaming with Visa to launch a pilot of mobile payments technology that will allow customers to pay for purchases using handsets.

/Mobile & online banking

Mobile payments to soar - research

The popularity of mobile payments is set to rocket over the next few years, with the value of the market rising from $77.6 million in 2007 to $11.5 billion in 2011, according to a report from Juniper Research.

/Mobile & online banking

MFoundry raises $15m in series c financing

California-based mobile banking outfit mFoundry has secured $15 million in a series c financing round led by handset manufacturer Motorola and including strategic investors PayPal and NCR Corporation.