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No Hole in This ‘Wallet’: Alltel Turns to mFoundry

Alltel is teaming with mFoundry to create a new product called the Alltel Wallet.

Are You Ready for Mobile Banking (Again)?

Mobile banking can be viewed as a hook for customer acquisition, but takedown shouldn't be relied on for customer retention.

Mobile-banking prospects seen better in Asia

Polillo, a remote island in the northeastern Philippines with poor road infrastructure and no public transport, is set to get a taste of mobile banking long before the developed world does.

MasterCard: 30 Members in Mobile Partner Program

MasterCard has added more than 30 companies to its mobile partner program.

Shoppers grow beyond books and movies to buy more categories online

Pricey, highly considered purchases such as home appliances represent some of the least-penetrated online sales categories, but that's poised to change in the future, according to a new report from Forrester Research Inc. As the longest-tenured web shoppers grow more comfortable online, they're moving...

AT&T Banks on Mobile Banking for iPhone

AT&T and Firethorn Holdings have announced the availability of their mobile banking application for the iPhone.

MasterCard’s keys to survival

The credit card underdog is taking on rival Visa with smart technology, memorable marketing, and global ambition. But what happens when consumers put their cards away?

For Banks, Smaller Is Better

Now that the big banking behemoths have been humbled by breathtaking credit losses, plain-vanilla banking is back in fashion.

100M people to use mobile money transfers by 2013

More than 100 million users worldwide will use their mobile phone to make international money transfers by 2013, according to a new analysis by Juniper Research.Cross-border mobile money transfers is a new trend, but it is expected to gain traction during the net couple...

Bank customers move to mobile services

One in four bank customers would consider switching to a rival if they offered mobile banking services, a survey claims.

Report: 700M NFC mobile customers by 2013

A new forecast of the near-field communications market predicts 700 million mobile subscribers worldwide will have phones with NFC contactless technology by 2013.The report, from Juniper Research, said there is a significant opportunity for NFC mobile payment services, chips, phones and supporting services as...

Mobile Banking Just One of Many Successes for a Small Bank With Big Ambitions

Dave McLeod listens to the concerns of BankPlus' employees and customers, and finds a cure for whatever ails them.

Mobile payments to hit $600B by 2013

The mobile payments market is expected to grow to more than $600 billion worldwide by 2013, according to predictions from Juniper Research's Mobile Payments Study.The market includes purchases made via mobile devices of digital and physical goods, contactless Near Field Communications transactions and money...

Will Americans ever call on mobile banking?

Carriers and financial institutions keep announcing mobile-banking and payment services, but so far, U.S. adoption is being dwarfed by that of developing nations, where it's more useful.

Visa, Sprint Nextel move ahead on mobile commerce: Nokia phone to run Visa offerings for testing

Visa Inc. outlined a series of initiatives with three big-name partners in an effort to make mobile payment services "broadly available" to U.S. consumers by year's end.Visa next month will begin rolling out m-commerce offerings for Nokia Corp. phones, beginning with the handset maker's...

Mobile cash revenues to hit $5B by 2013

Service provider revenues from mobile money transfer services could exceed $5 billion worldwide by 2013, according to a new study from Juniper Research.The firm predicts the market will begin to accelerate as soon as 2010. The study focuses on mobile money transfer services in...

Your Bank in Your Pocket

No Matter Where You Roam, New Mobile Services Make It Possible to Keep. . ..

Mobile payment hurdles many, varied

SAN FRANCISCO -- There is no shortage of challenges in getting m-commerce off the ground in the United States. But maybe the most important factor is time.That was the takeaway from yesterday's afternoon session on all facets of mobile commerce, from contactless payments to...

Majority of Consumers Willing to Use Mobile Banking Services

Consumer interest in mobile banking and payments services offered by their financial institution has increased significantly in the past two years, according to new findings from a consumer research study released by financial services provider, Fiserv.

Carriers still struggle with third-party content providers: Legal, billing issues remain at crux of problem

Carriers are beginning to use carrot-and-stick strategies to bring their third-party content partners to heel. And both the carrot and the stick are made of cash.Sprint Nextel Corp. earlier this year became the first U.S. carrier to formally tie revenue shares to business practices,...

Cellphones may make wallets obsolete

The financial functionality of mobile phones is poised to explode.

Mobile Banking Takes Off … Or Does It?

Bankers report adoption exceeds industry expectations, but not everyone is convinced.