While CBA CIO Michael Harte has dismissed data sovereignty and security excuses used by businesses not to move to the cloud as “absolute garbage”, over at ANZ, CIO Anne Weatherston has taken a different approach to cloud adoption.
ANZ Bank has continued its mobile banking push with the release of the Transactive iOS app for corporate customers, allowing them to remotely monitor real-time account balances, view current transactions and approve or reject payments.
Commonwealth Bank subsidiary Bankwest has responded to customer demand for mobile banking by launching a free Android application. This follows the bank’s release of an iPhone app in March this year which has been downloaded 85,000 times from the iTunes app store.
The CommonWealth Bank of Australia (CBA) has updated is suite of mobile banking applications with native apps for the iPhone, iPad, Android, Windows Phone and the browser-based HTML5, with technology for near field communications (NFC) and social payments on the way.
Westpac has stepped up its mobile banking capabilities, enabling customers with Blackberry and Android-based smartphones to access its banking services.
St.George Bank has made a move for some Windows Phone 7 action with a new banking application encompassing Australian app, Mobile Banking Lite, which enables customers to check their account balance and transaction history.
Visa has kicked off a four week trial of a contactless mobile phone payment application, enabling iPhones to become a “virtual wallet”.
The Commonwealth Bank has released its NetBank mobile banking app for Android smartphones to customers.
St George bank has released what it claims is the first mobile banking application for Android smartphones in Australia.
The mobile phone is turning into the platform of choice for banking in emerging markets. In developed markets, however, the phone has struggled to compete with existing payment methods, and the challenges aren't going away in 2010.
The number of people actively using mobile banking in the U.S. will grow by more than five times by the end of 2013, Tower Group Inc. predicted in a report released yesterday.