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Big Four banks ride ‘new wave’ of systems overhaul

Australia's 'Big Four' are revitalising their core banking systems to enable real-time transactions for increasingly online and mobile customers, experts claim.

Visa and Partners Power Mobile Banking Alerts

Today Visa and eight financial institution partners announced a new pilot program whereby Visa cardholders can receive SMS alerts directly on their phones whenever there is activity on their account.

Bringing Banking to the Poor – With Mobile Phones

Hurdles remain for wider use of mobile banking. Mobile carriers must have broad enough coverage to connect urban and rural users, as many remittances come from urban migrants sending money back to their family villages.

Internet players’ move to mobile is new frontier for all

Google Inc.'s Internet dominance has grown in recent years as the competition - well, what passes for competition - continues to plod along. But for the long list of Web-based players moving to the new platform, wireless is the wild, wild West.The Mountain View,...

There’s money to be made in micropayments: Technologies are in place, but business models still need work

Hardware, software, high-speed networks, uptake . it seems all the pieces are in place for mobile commerce to take off. Well, all the pieces except maybe a viable business model or two.That was the takeaway from last week's Mobile Financial Services Summit in Denver,...

Adult content remains lukewarm in U.S.: International markets continue to drive adoption

Things move quickly in the U.S. mobile entertainment ecosystem - unless you're an adult content vendor.From sex texts to moantones to bikini-clad models to full-on hardcore video, wireless porn is gaining traction in certain markets around the world. Wireless wantonness rang up about $1.7...

Far East, China to lead mobile ticketing growth

Transport-based mobile ticketing will grow from 37.4 million transactions last year to more than 1.8 billion by 2011, according to new research from Juniper Research.The Far East and China will make up nearly three-quarters of the total number of transactions worldwide by 2011, said...

Report: Mobile banking set for growth

A new report from IMS Research says the time is right for banking, money transfers and online payments to move to a mobile environment.The combination of better coverage and higher uptake of feature phones and smartphones, along with greater penetration and service availability is...

Verizon Wireless releases banking on the go

Verizon Wireless said its BlackBerry customers can now manage their financial accounts on the go.The carrier introduced a mobile banking application that works on BlackBerry Curve 8330, BlackBerry Pearl 8130 and BlackBerry 8830 World Edition smartphones. The mobile banking application also is available on...

Start-up pushes for mobile banking among poor in Latin America

Wireless banking also poised for growth in U.S.. Mobile banking isn't as popular in the U.S. as banks had hoped, although new smart phones like the iPhone 3G may help speed the pace of adoption with better interfaces and faster networks.

Sony Ericsson May Buy Spice Mobile

Indian handset maker Spice Mobile has sales of about 200,000 mostly entry level cell phones a month.

Heathrow Express Gets Mobile Ticketing

Heathrow Express, the high speed rail link between central London and Heathrow Airport has launched a mobile banking application, provided by Atos Origin.

VC exuberance in social networking space

When it comes to investment money, perhaps no space in mobile is as hot as social networking. And it looks like the spigot isn't going to shut off anytime soon. But for venture capital to truly flood the space, the online guys will need...

Pay-by-phone commerce coming closer

Whipping out your mobile phone to pay for a sandwich at lunchtime could soon become a reality. The global trade body for the mobile industry and a European monetary organisation have signed a pact to speed up the deployment of handset payment services in...

Analyst cuts forecast for handset growth to 6%: Consumers, under pressure, stretching replacement cycle

Analyst Brian Modoff at Deutsche Bank this week cut his forecast for global handset shipments from 8% growth to 6%, citing fuel and food cost pressures on consumers. Modoff said that those financial pressures were causing consumers to delay handset upgrades, weakening the outlook...

Survey: M-Commerce Growing in the U.S.

Commerce over mobile devices such as cell phones is accelerating in the U.S., according to data released earlier this month by Nielsen Mobile.

New Javelin Study Finds Untapped Market for Mobile Banking

Banks should look beyond their Internet banking customers for new mobile banking customers, Javelin says.

Walled garden must fall to drive growth

Editor's Note: RCR Wireless News has teamed up with the Yankee Group to conduct a series of market surveys of RCR Wireless News' subscribers to gauge their thoughts on various technology issues impacting the wireless ecosystem. RCR Wireless News will publish the exclusive results...

Mobile Banking Set to Boom

Global mobile transactions are forecast to mushroom—from 2.7 billion in 2007 to 37 billion by 2011—with growth mainly in developing countries

Bank of America counts 1 million mobile bankers

Bank of America said it has topped the 1 million mark for its unique active mobile banking customers after one year of service.The company introduced its mobile banking service nationwide in May 2007. The service allows customers to check balances, pay bills, transfer funds,...

Want to Go Shopping? Break Out Your Mobile Phone

Today, at the Internet Retailer Conference and Exhibition in Chicago, Nic Covey , Director of Insights for Nielsen Mobile, spoke on the subject of m-commerce (commerce that takes place via the mobile device).

816M mobile banking customers by 2011

Consumers are increasingly using their mobile phones to access banking services and products, and about 816 million consumers are expected to do so by 2011, according to a new study from Juniper Research.The reported noted financial institutions are beginning to offer a wider variety...

Monitise Adds UK Bank to Mobile Banking Platform

Monitise has announced that MONILINK, its UK joint venture with VocaLink, has signed a contract with an unnamed UK retail bank to offer mobile banking and payment services to it customers.