Tag: Mobile Banking
SoFi buys Zenbanx to launch banking product
SoFi is expanding into banking with the acquisition of mobile-banking startup Zenbanx. The company will pay around $100m for the startup. Read more: www.fintechroundup.com
Citi adds credit card scanning to mobile app
Starting today, US Citi credit cardmembers can scan their cards using their mobile device’s camera when activating in the Citi Mobile App. Read more: www.finextra.com
Mobile banking lifts Kenyans out of poverty
Mobile banking may not be taking off in all corners of the world, but in Kenya, it is having a significant positive impact, with the use of mobile banking lifting 194,000 or more Kenyan households out of poverty from 2008 to 2014. Read more: www.pymnts.com
How mobile banking wins the loyalty of small businesses
Only 32% of more than 1,000 US companies use mobile banking services. Why is the engagement of businesses in using online mobile banking that low? Read more: letstalkpayments.com
Mobile banking surges as security issues are addressed
ING shows that the share of mobile device users in Europe who bank by mobile has swelled to 47% – up from 41% in 2015. Read more: www.finextra.com
Mobile banking startup Bankjoy signs two credit unions
Bankjoy will provide Georgia Heritage FCU with most of its digital access technology, including online and mobile banking, bill pay, e-statements, and electronic account and loan applications. Read more: www.bankingtech.com
No alternative to mobile digital engagement strategy
According to research by BBA and Statista, consumers are now using mobile banking apps more often than any other method of banking. Read more: www.finextra.com
AmBank in mobile banking with Backbase
The mobile solution is part of the bank’s new digital banking platform, supplied by Backbase. The roll-out is underway. Read more: www.bankingtech.com
Citi’s head of FinTech leaves bank
Head of Citigroup’s FinTech division Heather Cox is leaving the bank after less than a year.
70,000 ATMs will allow cash withdrawal via smartphone
More Americans will soon be able to use their smartphones to withdraw cash from ATMs without the use of a card. The cardless cash revolution has arrived. Read more: smallbiztrends.com