RBS Group Endures Mobile Banking Outage
"Bank divisions of The Royal Bank of Scotland Group suffered from a mobile banking app glitch for a few hours late last week. The outage affected mobile banking customers at RBS, NatWest and Ulster Bank. All three banking units took to Twitter to inform their customers about the technology issue."

Texas Trust Launches Mobile Deposit for Consumer Banking Applications
"Mobile banking has become more convenient at Texas Trust Credit Union with the introduction of mobile deposit. This new mobile banking service allows members to deposit checks in real time from anywhere, simply by taking a picture of the check with a smartphone or mobile device."

Mobile Commerce Market Shows Continued Growth, No Consensus on Mobile Payment Methods
"The report also provides a quick overview of mobile banking, which includes services such as balance inquiries, transfers, bill payments and applying for loans and credit. According to data from Forrester, by 2017 mobile banking’s user base will double to 108 million — 46 percent of all US bank account holders. Mobile automated clearinghouse rules were adopted in the US in January 2011, while a Vodafone-sponsored mobile banking service called M-Pesa helps govern mobile banking transactions in seven developing nations including India, Kenya and Tanzania."

Half of American smartphone owners use mobile banking
"Nearly half of American smartphone owners used their handsets to access financial accounts last year, according to research from the Federal Reserve Board. The FRB's poll of nearly 2600 people late last year shows that 48% of smartphone owners had used mobile banking in the previous 12 months, up from 42% in a December 2011 survey. Of all mobile phone owners, 28% had used their handsets to access a bank, credit card, or other financial accounts, up from 21%."

Regions Bank Rolls Out Innovative, New Mobile Apps That Let Customers Make Deposits, Load Pre-Paid Cards and Select Speed of Funds Availability
"Mobile Banking customers can now make deposits to their accounts using their mobile device. With the introduction of Regions Mobile Deposit, customers can now use their phone or iPad to take a photo of a check and place those funds in a consumer deposit account or load them to a Regions Now Card, a reloadable Visa® prepaid card. The Mobile Deposit service has three funds availability options – a standard option of two business days, an intermediate same day availability option, and an immediate availability option. Costs per Mobile Deposit transaction are as low as 50 cents."

Intuit Making Mint Available to Banks
"Intuit Financial Services announced today it is making popular PFM tool Mint available to financial institutions to integrate into their online and mobile banking services. Intuit, which acquired Mint in 2009, will offer the Mint integration on a limited basis in 2013, before rolling it out to its more than 1,200 financial institution clients in 2014."

eMarketer: Mobile Payments Take Hold Around the World
"A sixfold increase in the volume of mobile payment transactions is on the way in the next four years, according to one research firm. A forecast from Yankee Group predicts the worldwide transaction value of mobile payments will total 984ドル billion by 2014, up from 162ドル billion last year. That includes transactions from mobile banking, international and domestic remittances, contactless cards, mobile coupons and near-field communications."

Chase Taps Mitek’s Image Innovation
"Mitek’s patented mobile remote deposit technology has found another taker in Chase, which will team with the tech firm to develop a series of new mobile RDC products that work across multiple smartphone operating systems.
Chase will expand its QuickDeposit feature—which enables consumers to deposit checks by clicking their mobile phone camera—by deploying Mitek’s mobile banking and image capture analytics. The deposit services will join other mobile financial services offered by Chase, including text banking, mobile banking apps for iPhone and Android and instant action alerts."

NFC: The Power to 'Touch and Transact'
"Ever-evolving mobile technology has demonstrated the ways in which it is changing lives by connecting friends and families around the globe, consistently introducing new handset-centric applications that simplify our everyday lives and delivering critical services such as mobile banking and mobile health. However, while both smartphones and traditional mobile phones offer basic voice and SMS, the divide begins to widen when you introduce capabilities for additional services such as ring tone, music, video, billing top-ups, etc."

Fifth Third Bank Selects ClairMail as Mobile Banking Provider
"ClairMail, Inc., the leader in mobile banking and payment solutions, today announced that Fifth Third Bank has selected ClairMail to power its new mobile banking technology and services. With the new support from ClairMail, Fifth Third Bank customers will enhance their mobile banking experience with better access to their accounts, bill paying capabilities and real time personalized text alerts, thereby gaining greater control over their accounts and overall finances. Using ClairMail's robust and scalable mobile platform, Fifth Third also has the flexibility to connect to multiple financial systems and future-proof their mobile powered offerings."

ePayments Week: More Androids banking
"As the number of Android users swells past the number of iPhone users, it should come as no surprise that as of December, 2010, there's more mobile banking on Android than on iPhones. However, Carlo Cardilli suggests that could change as the number of Verizon iPhones grows and those users take up mobile banking.

A recent Forrester survey says 12% of the US online population banks on their phones, up from 5% two years ago. Forrester says that's about 10 million users, and predicts that will grow to 50 million by 2015. That growth seems reasonable, given that users who discover mobile banking tend to, over time, use it more as they get used to it, especially for simple transactions like checking balances and transferring funds between accounts. Still, Penny Crosman with Bank Systems & Technology notes that 35% of online users shy away from mobile banking because they worry it's not safe and 24% don't see the point and would just as soon wait until they reach the ATM."

Mint Paves the Path – This Time in Mobile
"Think again if you ever wondered if Mint would lose its edge after its acquisition by giant Intuit. The “startup” once again is setting the benchmark, this time in the realm where personal finance management hits mobile.

Mint upgraded its iPhone app this month to enable consumers to register and add accounts from the mobile device – relieving consumers of the dual-channel hassle of logging online so that they can be mobile. The news is worth watching because it will provide a measure of whether banks and credit unions are short-sighted if they force customers to sign up for online banking even if they prefer mobile banking instead. But Mint also understands that it’s a mistake to think that mobile can simply mirror the online experience. The critical question is which personal finance tools work better online, and which ones work better in mobile."