Mobile money transforms Kenyan banking market

January 27, 2014

Sixty percent of Kenyans now use their mobile phone for banking transactions and 64 percent of Kenyans send or receive money locally through their mobile…

T-Mobile offers low cost banking with prepaid Visa card

January 22, 2014

T-Mobile U.S. is offering a raft of cheap banking services with its new reloadable T-Mobile Visa prepaid card, issued by The Bancorp Bank.

Assume all handsets are compromised

Jim Pitts, project manager of the BITS Financial Services Roundtable, explains why he tells his FI members to expect the worst when it comes to customers…

Can a fraudster add malware to an app that's already in the app store?

CrowdStrike broke into the App Store and bypassed the security validation mechanism. Their CTO describes the demo conducted at a conference a few years ago.

It's still anyone's game in mobile payments

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

In a previous blog post, I wrote about some of the reasons mobile technology needs financial institutions. In this blog, I'd like to follow-up with some…

Does the U.S. government want cash out of the way, or not?

Leland Englebardt of MasterCard confronts a government interagency panel on why they seem to be warm on cash, when the cost of cash is so high for them. "I…

The promise of a true mobile wallet

"Today ... the mobile phone is handier than your wallet," says George Wallner, CTO of Loop. Wallner then describes the best use case for a mobile wallet. (From…

Successful mobile wallets of the future

"Think of the wallet of the future as an operating system," says George Wallner. "Today when you talk to the major card issuers, they all have wallet…

Why Apple didn't put NFC on the iPhone

Apple wasn't the only manufacturer "mad" at the failed promise of NFC, says George Wallner. (From the ATM & Mobile Executive Summit.)

Why the iPhone platform is so secure

"I know this because we've hired a lot of people out of Apple," says Dmitri Alperovitch of CrowdStrike. (From the ATM & Mobile Executive Summit.)

Is bluetooth vulnerable?

Yes and no, says CrowdStrike's CTO. (Mostly no.) (From the ATM & Mobile Executive Summit.)

FTC cases against mobile app developers

In her keynote address at the ATM & Mobile Executive Summit, Malini Mithal of the FTC talks about lawsuits against Path, W3 Innovations and Filquarian…

Tips on data security from the FTC

Malini Mithal of the FTC highlights several best practices on mobile data security. (From a keynote address at the ATM & Mobile Executive Summit) 

Death of cards, increasing regulation to drive ATM/mobile trend

Peter Shortall of MasterCard Advisors makes an unusual prediction on the fate of plastic and how it will play into the convergence of mobile phones and ATMs.

Will cards be replaced by mobile?

Dave Willis of Navy Federal Credit Union defends his position on the card/mobile/cash consumer debate. "It's not just the Millennials," he adds, referring to…

NCR and Navy FCU's mobile strategy slowed down by compliance

ADA, EMV, Windows 7 and a slew of other mandates have impeded the flow of products, services and other "customer delighters" from hitting the market. (Panel…

The time frame for new ATM/mobile standards and regulation

As world governments study the risks inherent in ATM/mobile convergence, is inevitable regulatory activity gathering on the horizon? (Panel discussion at the…

MasterCard: Mobile/ATM boom is already here

"The technology is proven," says Peter Shortall of MasterCard. "And consumer adoption is wide." Peter argues that the foundation of existing consumer usage…

What's really driving the ATM/mobile convergence

Consumers are in the driver's seat, but what's motivating them? Peter Shortall of MasterCard explains what has to happen to create a compelling consumer value…

Mobile money services more popular than banks in Kenya

December 16, 2013

The use of mobile money services in Kenya has grown sharply in the last five years to overtake banks, according to the country's latest Fin Access National…