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mobile banking posts

Rogers holds hands with RBC / Visa for mobile phone payment pilot

by Darren Murph posted Oct 30th 2008 @ 11:43PM

If you're tired of paying for random snacks and such the old fashioned way (you know, swiping your credit card and handing over your John Henry), Rogers Wireless feels your pain. While not the first mobile payment initiative to hit the Great North, this one has some pretty notable backers. Starting in mid-2009, Rogers, RBC and Visa will join together to allow customers "to pay for small purchases" so long as they're holding one of the "specially-equipped mobile phones that can be waved at Visa payWave-enabled checkout readers at select retail stores and quick-service restaurants in Toronto's downtown core." The pilot will utilize Motorola handsets outfitted with Near Field Communication (NFC) contactless chips, while Gemalto will be managing the transfer of credit card information from RBC to the secure SIM card. There's no word on plans beyond the trial, but here's hoping it does something more than just fizzle out.

[Via mobilesyrup]

Mobile banking sees little consumer interest in U.S.

by Brian White posted May 5th 2007 @ 10:45PM

Trying to get U.S. wireless customers to use advanced wireless features and even web browsers on their phones is like pulling teeth sometimes. Banking institutions have figured this out apparently, as they are not really going crazy to deploy mobile banking services. Why? For some reason, customers just don't want the service. Well, 8% do, anyway. Research has shown that instead of duplicating online banking on a cellphone screen, banks should possibly experiment with text messaging services and market those features to younger users. So, customers aren't really demanding wireless banking over cellphones. However, that is not stopping some carriers from investigating more business from any channel.

[Via mocoNews.net]

Cingular launches mobile banking with top US banks

by Brian White posted Apr 2nd 2007 @ 5:22PM

AT&T will be bringing a mobile replacement for credit cards, checks and cash soon to that AT&T-branded phone, as the carrier is partnering with some big-name banks for what could be the largest mobile banking push in the US so far. AT&T customers will be able to manage bank accounts and pay bills through Wachovia, BancorpSouth, Regions Financial and SunTrust banks using an application on their handset (we're thinking a J2ME app). The good news: AT&T's partnering with three of the top U.S. banks combined with free usage of this new mobile banking app will most likely draw more customers to its wireless Internet services -- and we're sure AT&T had that in mind here.