WebProNews

Mobile Banking Set To Take Off

Mobile banking is increasingly becoming more mainstream, changing the way consumers mange their finances, according to a new report from Javelin Strategy & Research. "Mobile banking is quickly moving from infancy to commonplace, which will help separate the winners from losers in banks' ability to attract and keep technology-loving consumers," said Mary Monahan, Research Director and Managing Partner.

Countrywide CEO Disgusted By His Customers

There are lots of rules for being a decent person. None of them apply to banking, as we’ve seen again and again lately. But you’d think a certain level of smarts would accompany the lack of decency required to run a banking institution, and that level of smarts would include an understanding that when your house is on fire, you don’t piss on the firemen.

Talk Show Host Gets Bank Account Hacked

Hackers turn the tables on the talk show host “Top Gear” who made an outrageous claim that no one could do anything evil if their banking information was stolen. The humor part comes in that when he checked his bank account, someone had done a 500 pound (1000 dollar) donation to diabetes UK.

Mobile Banking Set To Take Off

Over 40 million U.S. consumers will use their mobile phones for banking by 2012, up from around one million in 2007, according to TowerGroup's "Mobile Banking Evolution: Issues and Considerations for 2008" report.

AdSense Blog Reveals Odd Banking Policy

An otherwise mild write-up of how Google sends checks to AdSense publishers for their earnings has a strange twist that hints at a relationship with Citibank that defies common banking practices.

Online Banking Preferred By Younger Generation

Banking at a branch still ranks first overall among consumer's usage, but younger customers are continuing to do their banking online, according to a survey from the American Bankers Association.

Banks Need To Blog

Less than one percent of financial institutions have a blog according to a new report from Javelin Strategy & Research.

Young Adults Favor Online Banking

Consumers born between 1982 and 2000 are accustomed to using the Internet to access financial services, according to Celent Communications "The Millennials, Financial Services and the Web" report.

Self-Service And Online Banking

Over 75 percent of U.S. and Canadian consumers polled said they were more likely to do business with organizations that offered self-service, according to a study from BuzzBack Market Research for NCR.

Online Banking Paying Off

Financial institutions of all sizes are opening virtual branches that offer higher savings yields and lower interest rates in an effort to lure more customers.