Mobile & online banking

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/Mobile & online banking

UK Web banks come out top for customer satisfaction - study

The UK's direct banks are outperforming their high street rivals when it comes to customer satisfaction, according to a survey conducted by consumer group Which?

/Mobile & online banking

Wing Lung Bank implements Thales SafeSign authentication technology

Hong Kong-based Wing Lung Bank is using authentication technology from Thales to provide its retail customers with secure access to Internet banking services.

/Mobile & online banking

Wells Fargo launches mobile banking service

US banking group Wells Fargo has launched a browser-based mobile banking application that allows customers to check balances, view their transaction history and transfer funds between eligible accounts using their hand sets.

/Mobile & online banking

Citibank launches mobile bill payment service in Malaysia

Citibank is launching a new service in Malaysia that will enable its customers to pay bills using their mobile handsets.

/Mobile & online banking

Obopay raises $29m in third round funding

California-based mobile payments start-up Obopay has raised $29 million in a third round of funding that included Citi and Société Générale as new investors.

/Mobile & online banking

Masabi signs YourRail to mobile ticketing technology

Mobile applications outfit Masabi has been recruited by UK-based YourRail, which provides e-ticketing technology to rail operators, to provide a mobile ticketing system.

/Mobile & online banking

Mobile fund transfers offer huge revenue opportunity - ABI Research

According to a new study from ABI Research, the market for mobile fund transfers will grow to a revenue opportunity of nearly $8 billion for wireless operators by 2012, from just over $10 million last year.

/Mobile & online banking

Mobile payments set to take off in developing world - Juniper Research

Juniper Research predicts that P2P fund transfers and mobile payments in the developing world, together with the commercialisation in 2009 of NFC (Near Field Communications) based m-payments will generate transactions worth approximately $22bn.

/Mobile & online banking

Vodafone offers direct access to bank accounts via MoniLink

UK wireless operator Vodafone is to offer subscribers direct access to their finances through a link with the MoniLink mobile banking network.

/Mobile & online banking

Mobile operators call for banking reforms

Vodafone and Nokia are calling for a new regulatory framework to encourage transactions by mobile phones in developing countries.

/Mobile & online banking

Mobile wallets to replace payment cards - report

Mobile devices embedded with chips will replace plastic payment cards over the next five years and will be used to make payments by around 50 milllion customers, according a study by Javelin Strategy and Research.

/Mobile & online banking

MFoundry adds support for Apple's iPhone

California-based mobile technology outfit mFoundry says it has extended its Spotlight financial platform so the system can be used to implement wireless banking applications on Apple's new iPhone.

/Mobile & online banking

Wells Fargo and Visa to conduct public mobile payments trial

Wells Fargo and Visa are to undertake a public trial of mobile payments technology with up to 500 customers in the fourth quarter of the year.

/Mobile & online banking

MasterCard hails mobile phone payments trial

MasterCard says over three quarters (75%) of customers that participated in a NFC mobile phone PayPass pilot programme preferred the contactless technology to traditional contact-based cards and made payments more often.

/Mobile & online banking

Korean mobile payments firm Danal to expand in US with $9.5 million venture financing

The US subsidiary of South Korean mobile payments company Danal has received $9.5 million in venture financing led by Morgenthaler Ventures.

/Mobile & online banking

Verizon to offer mobile payments via Obopay

Verizon, the number two US wireless carrier, is to offer consumers the opportunity to make purchases and conduct person-to-person funds transfers via their mobile phones using technology from privately-held Obopay.

/Mobile & online banking

Lloyds TSB sends out SMS to mortgage applicants

UK high street bank Lloyds TSB is to launch a new mobile phone text service designed to keep customers informed of the progress of mortgage applications.

/Mobile & online banking

A&L lures younger customers to m-banking with £10 sweetener

UK bank Alliance & Leicester is to pay younger customers £10 for signing up to its mobile banking services.

/Mobile & online banking

O2 to trial NFC wristband at music festival

Mobile telecoms firm O2 is launching a trial of near field communications (NFC) technology at a music festival later this month that will see select guests given a crystal-studded wristband embeded with the contactless technology.

/Mobile & online banking

Morse to raise £20m in placing of Monitise shares

UK systems house Morse has disclosed plans to raise £20 million by spinning off its Monitise mobile banking unit and selling shares in the newly formed company, which will be listed on London's junior AIM market.