Tag Archives: Mobile banking

Friday, August 29, 2014

Mobile P2P payments replacing traditional payment forms for millenials

Mobile Payment

New peer-to-peer (P2P) payment technologies are gradually replacing traditional payment forms among millennial consumers, according to a recent report from Nielsen. Mobile users age 18-34 account for the largest share of mobile payment users—55 percent indicated that they use mobile … Read More…

Thursday, June 19, 2014

Malware migrates from Russia to threaten U.S. mobile banking users

Cyber Security

Russian IT security company Kaspersky Lab recently discovered malware that has migrated from Russia to the U.S., presenting a threat to mobile device users. According to Kaspersky, Svpeng—a type of malware that targets mobile devices—was detected a year ago. The … Read More…

Tuesday, June 17, 2014

CFPB seeks comment on impact of mobile services on underbanked


The CFPB announced last week that it will conduct an analysis of the use of mobile financial services to examine how the technologies affect the unbanked and underserved who have limited access to traditional banking. According to data from the … Read More…

Friday, June 6, 2014

CFPB to hold hearing on mobile financial services in New Orleans


The CFPB will hold a field hearing in New Orleans next week to examine the development and use of mobile financial services. The hearing, which will be held at 10 a.m. CDT on June 12 at The Old U.S. Mint, … Read More…

Tuesday, June 3, 2014

MasterCard’s MasterPass goes live in Singapore


MasterCard announced on Monday the introduction of its MasterPass digital wallet in Singapore, which will allow the country’s consumers to store payment card information, address books and shipping information for future purchases. “Singapore is already an evolved market for digital … Read More…

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