Are mobile banking apps secure?
"A recent experience with a credit card app has a Wake County man questioning if his account information is secure when using his cell phone. You can access these mobile banking apps on your smart phone and tablet. Justin Frechette wanted to check his Capital One credit card account, but instead he was able to see someone else's activity. 'Logged in made sure the payment I recently made posted to the account and that the account balance was zero,' Justin said. But he didn't see a zero balance. Instead, lots of charges that didn't belong to him."

BofA's Mobile User Gains Follow Xoom, Industry Shift
"Bank of America's (BAC) mobile user gains come amid an industry shift that is reducing the need for branches and ATMs and lifting mobile payment firms like Xoom Corp. (XOOM) and Western Union (WU). BofA saw its mobile users jump 28% to 13.2 million from the second quarter of 2012 to Q2 2013, according to a presentation Wednesday. Mobile transactions are up 4%. Meantime, the lender has reduced its banking centers by 5% to 5,328 nationwide, and direct-contact transactions have fallen 12%."

Hottest tech sector is all about money
"Finovate, the giant financial technology conference, blew into town yesterday, selling out the Manhattan Center on West 34th Street. Among the hottest trends this year were applications and products for banks, and—perhaps not surprisingly—fraud prevention systems. As more of the nation's banking system moves online, preventing fraud is an increasing concern for executives. 'All the thought leaders are here,' said Sunil Madhu, founder and CEO of Manhattan-based fraud prevention startup Socure, which sells its service to companies. Its service is aimed at allowing banks to verify consumers' identities."

Yalamanchili ships white-label mobile wallet app for banks
"Global payments solutions provider, Yalamanchili, has launched a white label mobile wallet application for global banking and financial institutions operating on its next generation payments platform. The wallet provides Yalamanchili's clients with a comprehensive and fully customisable mobile banking facility capable of supporting international money transfers, the management of multiple card accounts and a variety of mobile value added services, rewards and location based offers."

SIMPLE WILL START GRANTING VENMO USERS EARLY ACCESS TO ITS MOBILE BANKING APP
"Venmo, the popular payments app that lets friends pay each other via mobile for free, is offering its users early access to Simple, the mobile banking app that offers the same amenities big banks do, like checking accounts and debit cards, but without the traps of hidden fees and high interest rates. Simple and Venmo previously partnered in July, when Simple became the first banking service to offer its customers Venmo Touch, which allows you to make payments in third-party apps with a single tap."

Mobile banking expert Wolman to speak at ISU
"David Wolman, a contributing editor for Wired.com and author of "The End of Money," will speak about the impact of going cashless at a free lecture Sept. 19 at Iowa State University."

Corporate Mobile Banking: A Look at J.P. Morgan ACCESS Mobile
"A new report from Aite Group analyzes the importance of corporate mobile banking as a critical component of any bank’s corporate-banking-technology strategy. The report highlights the current state of corporate mobile technology, and analyzes the key strengths and planned roadmap for J.P. Morgan ACCESS Mobile."

U.S. Bank Customers Get Mobile Banking Upgrade
"U.S. Bank recently released a new mobile banking application that significantly upgrades the mobile banking experience for all customers. The upgrade offers improved features and customer experience for iPhone, Android and BlackBerry. The new app, available in app stores now, begins a series of upgrades planned for U.S. Bank mobile banking over the next several months."

6 Ways To Make Mobile Banking Work For You
"Banking via mobile phones has skyrocketed in recent years, says Mary Monahan, executive vice president and research director for mobile at Javelin Strategy and Research in Pleasanton, Calif. A Javelin report released in October found that in the preceding 12 months, the percentage of mobile phone users conducting banking rose from 19 percent to 30 percent."

Mobile Tech and Advisors, Part 1: Its Place in the Business
"In a June 2011 report, the Yankee Group predicted that there will be 500 million mobile-banking users globally in less than four years. And while it is true that some people may never choose to bank or manage their investments using their mobile phones due to security, privacy or technology concerns, within a few years these people will be a small minority."

Global Online Money Transfer Company, Xoom, Launches Mobile Optimized Site to Reach Users on the Go
"Xoom.com, the fastest growing online money transfer company, today announced the launch of its fully optimized mobile site that enables users to send money worldwide, right from their mobile device."