mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).

Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
August 22, 2023  |  Digital Banking

Despite the growing perception that smartphones provide more security online, most banking consumers said they think smartphones and computers are equally secure for several select...

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Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold
Upgrade’s $100M Deal for Uplift Brings BNPL for Travelers Into the Fold
July 27, 2023  |  Buy Now Pay Later

The build vs. buy debate is a perennial one in technology, and in payments.  For neobank Upgrade, in the bid to extend its credit, mobile...

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Revolut Extends Accounts in US to Non-Citizens
Revolut Extends Accounts in US to Non-Citizens
July 25, 2023  |  Digital-First Banking

Revolut is now offering accounts to non-United States citizens lawfully in the country, who do not have a Social Security number (SSN) or individual taxpayer identification...

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Bank of America: Digital Adoption Has Reached 83% of Customer Households
Bank of America: Digital Adoption Has Reached 83% of Customer Households
July 18, 2023  |  Earnings

Bank of America’s latest results show an increasing adoption of digital channels by customers to get their banking done. The presentation materials from the company...

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Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
July 05, 2023  |  Credit Unions

Credit unions need to innovate — and quickly. Scott Young, managing VP of emerging services as PSCU, said credit unions (CUs) have the tools, and,...

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An Industry Insider on the Importance of Competing for Digital Natives
An Industry Insider on the Importance of Competing for Digital Natives
June 12, 2023  |  Credit Unions

With only 4% of Gen Zers being current CU members and nearly 80% turning to social media for financial advice, PSCU’s Scott Young explains that...

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Nigerian Mobile Companies Block Banks From Text Service Over Unpaid Bill
Nigerian Mobile Companies Block Banks From Text Service Over Unpaid Bill
May 15, 2023  |  Mobile Payments

Nigerian mobile companies are reportedly halting text services to banks over a $259 million bill.  The firms are set to disconnect the Unstructured Supplementary Service...

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FinTechs’ Latest Profitability Challenge Is Finding Business Models Beyond Interchange
FinTechs’ Latest Profitability Challenge Is Finding Business Models Beyond Interchange
May 12, 2023  |  Digital Banking

FinTechs are facing an existential crisis now that the age of easy access to capital is over. Investors — running the gamut from private venture...

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71% of Gen Z Consumers Prefer Banking via Smartphone for Security
71% of Gen Z Consumers Prefer Banking via Smartphone for Security
May 04, 2023  |  Security & Fraud

As smartphone security measures like biometrics become more advanced, more consumers feel safe conducting financial transactions via mobile, including over half of seniors and baby...

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