News Articles

Mobile banking will generate around 90 billion text messages in 2015

Juniper Research expects the number of SMS mobile banking alerts to rise from 30 billion this year to almost 90 billion per year by 2015. That's one message every two days for the average mobile banking customer.

Author: The Fonecast
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Podcast - 11th August 2010

Iain, James and Mark take their usual look at the week's mobile industry headlines, from high-level departures to mobile payments. There's also an interview with Anthony Erwin, founder of mobile dating and social networking company StreetSpark.

Author: The Fonecast
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Pay cheques into your bank with a camera phone

WAUSAU Financial Systems and Mitek Systems – two US-based companies - have introduced a system to let banks accept cheques that are 'paid in' as a photo taken on a mobile phone.

The new service combines the payment processing experience of WAUSAU with document capture technology from Mitek.

Author: The Fonecast
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Mobile banking in the USA almost doubles in 12 months

Research company IDC Financial Insights has published a survey that shows mobile banking usage in the United States has almost doubled in the last 12 months. In fact, usage was up across all channels; branch, ATM, debit card, card centre, online and mobile. SMS text messages were the most popular form of mobile banking. However, the company points out that mobile banking is still not a mainstream channel and says it offers few revenue opportunities.

Author: The Fonecast
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Mobile banking usage will double in the next three years

Author: The Fonecast
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