Banking

Multifaceted features may lead to mobile technology’s popularity

Posted by on April 30, 2012 at 10:54 am

Many analysts are split over how quickly mobile technology will become more widely adopted. A new report suggests that as smartphones develop more multifaceted payment methods, more consumers are likely to accept mobile technology and electronic wallets as a primary payment system. The study, conducted by Pew Internet, reveals Americans are becoming more comfortable using [...]

Mobile remote deposit capture leading feature bank customers seek

Posted by on April 25, 2012 at 3:18 pm

Mobile banking is quickly becoming one of the features customers factor in when shopping for a new bank. Mobile banking platforms add a new layer of convenience for on-the-go consumers, allowing them to inquire into their balance and transfer funds. But the results of a new report show that a new mobile banking feature may [...]

Who’ll win the battle of electronic vs. traditional wallets?

Posted by on April 19, 2012 at 8:55 pm

As electronic wallets become more widely adopted and convenient payment methods for consumers, many analysts are questioning whether traditional payment types will become obsolete in the future. And the experts say, “Not without more incentives.” The development of new electronic wallets is in full swing, with Google already creating a mobile wallet last fall that [...]

Mobile commerce continues to expand

Posted by on March 20, 2012 at 4:27 pm

Mobile platforms, including banking, payments and purchases, are a growing industry, and the results of a new study show more Americans are trending toward this type of service. A recent study conducted by the Consumer Electronics Association reveals 37 percent of individuals who own a mobile device – including tablets, smartphones and cellphones – conduct [...]

Safety and usability to impact consumer adoption of mobile wallets

Posted by on March 6, 2012 at 9:27 pm

Mobile features have quickly become one of the leading characteristics that drive a percentage of the American population toward certain financial institutions. However, analysts say that while mobile wallet usage is expected to increase in the coming years, widespread adoption may still be inhibited by questions over safety. For this reason, it’s imperative for financial [...]