Mobile & online banking

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/Mobile & online banking

Obopay introduces m-payments plug-in for AOL IM users

Californian m-payments outfit Obopay has launched a new plug-in for AOL's instant messaging service (AIM) which enables users to launch the P2P application and transfer funds to their AIM "buddies".

/Mobile & online banking

UK Post Office launches electronic 'payout' service

The UK's Post Office has launched an electronic money transfer service that allows recipients to receive funds using a barcode sent to a mobile phone or e-mail address.

/Mobile & online banking

First Data makes strategic investment in NFC outfit Vivotech

First Data has led a series C funding round in US contactless payments outfit Vivotech.

/Mobile & online banking

KDDI and Mitsubishi-Tokyo-UFJ to launch mobile 'New Bank'

Japanese telco KDDI and Mitsubishi-Tokyo-UFJ Bank have joined forces to launch a mobile Internet banking business later this year.

/Mobile & online banking

WorldPay founder launches voice authentication system

A voice-verified authentication system for mobile and Internet payments has been launched in the UK by Nick Ogden, the founder of online payments operator WorldPay.

/Mobile & online banking

Morse to spin-off mobile banking unit Monitise

UK systems house Morse is to spin off its mobile banking arm Monitise and list the business on the AIM junior market.

/Mobile & online banking

Consumers have limited interest in mobile banking - JupiterResearch

Analyst group JupiterResearch has found that despite renewed efforts on the part of financial institutions, overall interest in mobile banking services is limited.

/Mobile & online banking

City switches on WiFi network

A WiFi network accessible by the 350,000 people who live and work in the Square Mile has been switched on by wireless broadband provider The Cloud and the City of London Corporation.

/Mobile & online banking

Fidelity Express introduces mobile bill payment service

Texas-based money order firm Fidelity Express is teaming with e-payments outfit Cyphermint to launch a service that will enable its customers to pay bills using their mobile handsets.

/Mobile & online banking

Revitalised Mobey Forum adds banks and mobile operators

The Mobey Forum, a bank-backed mobile payment consortium, has signed up Dutch banks ING and Rabobank and mobile operators Telenor, TeliaSonera and SK Telecom as new members.

/Mobile & online banking

PayPoint to roll out mobile coupon scheme

UK e-payments outfit PayPoint is introducing a mobile-phone-based loyalty scheme that will allow shoppers to receive money-off coupons via SMS text messages.

/Mobile & online banking

Customers want online ID protection more than reimbursement from banks

The majority of Internet users are more concerned with getting identity safeguards for online banking than being reimbursed for losses, according to a US survey conducted by Javelin Strategy & Research and commissioned by Authentify.

/Mobile & online banking

Citi launches mobile banking application

US retail bank Citibank has launched a mobile banking application, called Citi Mobile, that customers can download to their hand sets.

/Mobile & online banking

HSBC spams passersby in mobile marketing ploy

HSBC is using a bluetooth server in its busy London branches at Canary Wharf and Regent Street to send unsolicited messages to members of the public in the area.

/Mobile & online banking

Visa chief - convergence of payments and mobile comms inevitable

Visa USA president and CEO John Coghlan has called for closer collaboration between the payment card and mobile industries in order to realise the full potential for convergence between the two markets. The call comes as the card company unveils strategic investments in mobile software firm Ecrio and the .mobi consortium.

/Mobile & online banking

Monitise and Metavante to establish m-banking network in US

Monitise, the mobile banking subsidiary of UK IT services group Morse, is teaming with American fintech vendor Metavante to launch and operate a wireless payments and banking network in the US.

/Mobile & online banking

US operator Cellular South to launch multi-city m-payments trial

US mobile telco Cellular South is teaming with phone manufacturer Kyocera Wireless to launch a multi-city consumer trial of NFC-enabled wireless wallet technology.

/Mobile & online banking

Banksys teams with telcos to launch m-payments platform in Belgium

Belgian payments network Banksys is teaming with wireless network operators Base, Mobistar and Proximus to launch a system for consumers to pay for high street purchases via mobile phone rather than by cash or bank card.

/Mobile & online banking

Vodafone and Deutsche Bahn to develop m-ticketing system

Vodafone is teaming with German rail operator Deutsche Bahn to develop and implement a mobile phone-based electronic ticketing and payment service called Touch&Travel.

/Mobile & online banking

First Data teams with NCS to deliver m-payments services

US e-payments firm First Data is teaming with Germany's NCS to offer mobile payment processing services to its merchant and banking customers worldwide.