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Archive for the ‘iphone’ Category

Bank of America Touts its Mobile Banking as iPhone App

Thursday, October 18th, 2007

In a move sure to set a precedent, Bank of America is the first banking application featured on Apple’s iPhone App directory.
Here’s their intro:
Bank of America Mobile Banking is available to all Online Banking customers. With Mobile Banking you can use your iPhone or iPod touch to easily and securely check your balance, pay your […]

Posted in Mobile Banking, iphone, Bank of America | 6 Comments »

Will That be Cash, Check or Phone?

Thursday, August 16th, 2007

Giving money to someone, be it a friend or a business, near or far, has until recently been a fairly mundane affair. You could use cash, send a check, wire them funds, or charge it. Now with mobile phones practically ubiquitous and “smart,” they’ve become more than just a fabric of society, but fundamentally changing […]

Posted in iphone, ViVOpay, pay by phone, mobile payments, obopay, paypal | No Comments »

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Payments News
from Glenbrook Partners

Prepaid Debit Cards Help Brooklyn, Chicago Buy Back 7,500 Guns - J.P. Morgan has announced that "Brooklyn and Chicago recently used J.P. Morgan prepaid debit cards in successful campaigns to take firearms off the streets. The gun buy back programs were sponsored by local law enforcement officials who offered citizens prepaid debit cards for working guns, no questions asked. More than 7,500 firearms were collected at community churches and other turn-in sites in the two cities."
Over Three-Fourths of Online Americans Bank and Pay Bills Online - According to a survey sponsored by CheckFree, "more Americans than ever, an estimated 63.1 million households or three-fourth of those online, are paying their bills online rather than writing paper checks. The 2008 Consumer Banking and Bill Payment Survey, the eighth conducted by CheckFree since 2002, highlights Americans’ growing use of online banking and bill payment services to help manage their personal finances."
PayPal Webinar: Reducing Shopping Card Abandonment - Tomorrow's PayPal webinar, last of the August webinar series, will focus on the topic of reducing shopping card abandonment. Patti Freeman Evans, research director from JupiterResearch, and Lewis Broadnax, director of e-commerce at Lenovo are participating. More info here - register here.
eBay/PayPal Developers Conference Videos and Presentations - Videos and presentations from the eBay/PayPal Developers Conference held in June in Chicago are available online.
Building Mobile Payments in India - mChek's Sanjay Swamy - In a multi-part series, Sramana Mitra interviews mChek CEO Sanjay Swamy about his company's mobile banking and payments platform in India. Swamy comments: "It is very important to ensure there is a means of instant gratification. It may not expose you to all of the features and capabilities, but at least the customer can touch it now. That is what we had to do. We had to simplify the product and get it out there."
TrialPay Expands Advertising Options - TrialPay has announced the launch of a new Gifts & Gourmet category with the company saying that "top companies from the food industry have enlisted in this new advertising section, marking a milestone for the payment method widely used for digital goods and services."
Headline News - August 27, 2008 - NewsOn6.com - Tulsa, OK: Got a Gift Card? Use It Or Lose It Fiserv's eBILLPLACE.com Turns Green Alliance Data Signs New Long-Term Private Label Credit Agreement With Orchard Brands Element Payment Services Selects Hypercom to Enhance Its Express IP Payment Platform Breach Security Helps Organizations Accelerate PCI Compliance With New PCI QuickStart Packages ID Experts Releases Five Tips for Companies Victimized by a Data Breach The Hindu Business Line: Mobile banking guidelines likely in a fortnight Verizon Business Helps E-Retailers Gear Up for Holiday Crunch Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities...
MasterCard, Visa Comment on Court Ruling in Discover Litigation - Last week, Judge Barbara S. Jones issued a ruling narrowing the scope of Discover's antitrust lawsuit against MasterCard and Visa. MasterCard commented: "MasterCard Worldwide said today it is pleased that Judge Barbara S. Jones narrowed the scope of Discover’s antitrust case against MasterCard by granting certain aspects of MasterCard’s summary judgment motion." Visa commented: "As a consequence of these summary judgment rulings, Discover cannot challenge the legality of the agreements Visa has signed with its debit issuance partners. As such, it is unlikely the Discover litigation will have a significant impact on Visa's ongoing business operations."
A Look at Quicken Beam from Intuit Labs - Jim Bruene takes a look at Intuit's recently introduced Quicken Beam service - "the free service sends users text messages balance and activity alerts from most U.S. bank, credit card, and credit union accounts." Here's the press release introducing the service. Quicken Beam is one of the first services introduced by Intuit Labs.
Metavante Partners with Connect for Credit Union Solutions - Metavante has announced an alliance with Connect Software Solutions, an online banking provider for credit unions to bring Metavante’s bill presentment and payment solutions and Connect’s online banking platform together into a fully integrated online banking and bill pay product that will be delivered to the credit union market by Connect.

Banking News on Digg

FDIC may borrow money from Treasury: report - (Reuters) - Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported. The borrowing could be needed to cover short-term...

‘Forgot your password?’ may be weakest link in web security - Almost everyone forgets a Web site password once in a while. When you do, you click on the familiar Forgot your password? link. As an experiment, Thompson recently asked a few friends for permission to "hack" into their bank accounts. Using only information gathered from Web sites such as Facebook, he found his way in to each account within minutes

Bank Details of 1 Million Customers Sold on eBay - Personal details of more than 1 million customers of Royal Bank of Scotland, American Express and NatWest are found on a computer sold on auction site eBay.

Company Uses Shredded Checks As Package Cushioning - A Texas cannery has been using shredded checks from the local bank as packing materials for the past twenty years.

Ubuntu at Toyota - I checked out the bank of beat up Gateways with vagabond keyboards in the corner. I wiggle the mouse, and up pops the Ubuntu Heron! Wow!The neat part is that other people are actually using them.

The 10 Most Blatant Star Wars Rip-Offs - In honor of Lucas’ latest head-shaking ripoff of his own concept, here we look at 10 of the worst offenders—well, the semi-legitimate ones, anyways (so that Turkish Star Wars madness doesn't count)— who attempted to tailgate the Millennium Falcon all the way to the bank. Bring plenty of crackers to go along with this cheese.

Apple averaging 95 iPhone 3G sales per store, per day - After spending 25 hours observing sales of iPhones at Apple's national retail chain, investment bank Piper Jaffray now estimates the company is on track to announce a more than fourfold increase in sales of the handset during its fiscal fourth quarter.

How To Back Up Your Bookmarks Online (& keep them private) - Even if you're happily sharing away on delicious, there may still be some bookmarks you don't want to share -- site admin links, banking sites, and, uh, "other" sites. Ahem... If you've been looking for a way to backup your bookmarks online, but keep them private at the same time, grab yourself some coffee as we explore your options. ..

Suspicious: Who Made 270 million On Collapse of Bear Stearns - Suspicion over the collapse of Bear Stearns is centring on a massive options trade, less than two weeks before the historic investment bank went under in March, by which a single investor made a profit of more than $270m (£141m) on a bet against the company's share price.

RBS slumps to one of biggest losses in UK banking history - Sir Fred Goodwin, the chief executive of Royal Bank of Scotland, insisted today that he was the right person to take the lender forward despite revealing one of the biggest losses in UK banking history.

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