- Honor Roll: This Week's Top Banking Blogs (Jan. 31-Feb. 6)
Our favorite banking technology-related blog posts from around the Web (January 31-February 6, 2010):
- Honor Roll: This Week's Top Banking Blogs (Jan. 17-23)
Our favorite banking technology-related blog posts from around the Web (January 17-23, 2010):
- Mobile Banking and Payments Feed Customer Experience Lab
By Bill Bradway, Bradway Research LLC
The recurring headlines touting mobile banking and more recently, mobile payments, reinforce my opinion that technology-based innovation in financial services is often ahead of the business-based needs the technology solutions address. Mobile banking over the past 10 years has been a poster child for this phenomenon. No doubt the interest in mobile banking today by bankers is rising and far stronger than 10 years ago and several leading institutions have achieved a meaningful retail customer adoption of their mobile banking offer, led by Bank of America in the U.S. But that misses the point of this column. Last month I noted, “As the banking industry begins its recovery from the Great Recession, eyes and minds are shifting their focus back to identifying the most promising bank tech innovations for the next few years.” Are mobile banking and payments among the most promising innovations, capable of disrupting the retail banking market? Or, will they drive more bankers crazy, in both business and IT, chasing ever elusive expectations?
- Twitter Buzz Overwhelmingly Positive for Google's New Phone
To gauge the popularity of the Nexus One smart phone Google announced on Tuesday, Attensity has applied its sentiment analysis technology to the Twitterverse. The software company ran 15,000 Tweets that mentioned the device through its Voice of the Customer analysis software, which detects and aggregates positive and negative verbiage to draw conclusions about what a group of people feel about a subject.
- Honor Roll: This Week's Top Bank Blogs (Dec. 6-12)
Our favorite banking technology-related blog posts from around the Web (December 6-12, 2009):
- Honor Roll: This Week's Top Bank Blogs (Oct. 25-31)
Our favorite banking technology-related blog posts from around the Web (October 25-31, 2009):
- Honor Roll: This Week's Top Bank Blogs (Sept. 13-19)
Our favorite banking technology-related blog posts from around the Web (September 13-19, 2009):
- Mobey Forum Gives Mobile Financial Services Another Boost
It wasn't too long ago that I wrote a blog about a new mobile financial services standards working group that was being established by the Financial Services Technology Consortium (FSTC). The group hopes to address the interoperability issues facing the industry to help adoption rates. Now, over the Atlantic in Finland, the Mobey Forum, a nonprofit financial industry forum that helps facilitate mobile financial services for banks, issued a whitepaper which, it says, lays the groundwork for global mobile financial services (MFS).
- Hope for Mobile Payments Standards
It looks like the mobile channel just found a standards champion—the Financial Services Technology Consortium (FSTC). The organization announced it is assembling a team of industry experts to help develop best practices and standards for mobile payments.
- FIs Continue to Dial 'M' for Mobile Banking
Throughout 2007 (and even into 2008—see our Jan. issue), BS&T talked about mobile banking and mobile payments until we were blue in the face. From the way things are shaping up, it doesn't look like our mobile mania will abate any time soon. Deals continue to be inked and banks are slowly starting the process of getting the word out to customers about what exactly mobile financial services are. Mind you, I speak only of the U.S. market, which is still a mobile financial services novice when compared with the rest of the world.
- RDS SPECIAL: U.S. Banks Should Learn About Mobile from International Counterparts
There's no doubt that the U.S. is blessed technologically. We've nurtured the seeds of innovation on so many levels. But then I talk to people from other countries about what they're doing with mobile phones and I feel like we're a bunch of cavemen here!
- Western Union to Offer Mobile Remittance Service
Nontraditional financial services providers just got another leg up on banks in the remittance market with a new mobile phone service. GSM Association (GSMA), a global trade association representing more than 700 GSM mobile phone operators, and Western Union Company announced late last month an agreement to facilitate the development of cross-border mobile money transfer services
- There Are 14 Good Ways To Do Banking, And Then There's Mobile
First, let me warn anyone who is still reading my techno rants and raves, that I am not a fan of mobile banking. The reason is simple. There are 14 better ways for a commercial or retail customer to handle banking chores. And I believe there are still wonderful activities in life that one can enjoy without being wired to a bank.
- BRIEF: First Data and mFoundry Team Up for Mobile Banking
Payments solutions provider First Data (Denver) and mobile solutions company mFoundry (Sausalito, Calif.) entered a partnership where they will work together to deliver mobile banking and payment services to U.S. and international mobile subscribers. The firms hope the newly forged relationship will leverage each company’s respective strengths to offer mobile operators, mobile subscribers, merchants and financial institutions a flexible and easy-to-use solution for mobile financial services.
- Mobile Banking from the Public’s Perspective
By Maria Bruno-Britz, Bank Systems & Technology
Sometimes I’m so wrapped up in our little banking world here that when I see the general public taking an interest in bank technology, I think it’s a pretty big deal.
While perusing the site Slashdot—which bills itself as providing News for Nerds—I noticed someone posted an excerpt from CNBC.com about the recent crop of mobile banking initiatives in the U.S.
- Mobile Payments: Look to Korea
U.S. unit of Danal gets a boost from $9.5 million venture financing investment.
By Nancy Feig