Mobile & online banking

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/Mobile & online banking

HSBC launches SMS banking for business

HSBC has launched a text message banking service that offers business customers secure access to mini-statements and balance enquiries for up to five accounts.

/Mobile & online banking

NCR invests in contactless payments firm Vivotech

US ATM vendor NCR has made an undisclosed strategic investment in Silicon Valley-based contactless payments outfit Vivotech.

/Mobile & online banking

Global Payments inks card processing deal with Sarajevo's Postbank

US e-payments outfit Global Payments has won a five year agreement to provide card processing services to Sarajevo-based Postbank BH.

/Mobile & online banking

M-banking network Monilink clocks up 25,000 users

Monilink, the mobile banking network that was launched last year by Morse spin-off Monitise and VocaLink, is embarking on a major campaign to boost user numbers after clocking up its first 25,000 customers in the UK.

/Mobile & online banking

Royal Bank of Scotland introduces m-banking service

The UK's Royal Bank of Scotland (RBS) Group is launching a mobile banking service for its 13 million debit cardholders.

/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.